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LINK $9.22 -2.74%
HYPE $41.62 -0.88%
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XLM $0.1646 -3.85%
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public

The Humanity Foundation announced adjustments to the H token vesting plan and set a deadline, with some institutions publicly disclosing their choice to unlock at a discount immediately

The Humanity Foundation has recently made significant adjustments to the $H token allocation plan, requiring investors to make a final choice between two options by April 26 at 09:00 UTC: one, extend the distribution, pushing the Cliff to September 25, 2026, and changing to equal distribution over 12 quarters; two, a 3:10 discounted immediate unlock, replacing the original 16,666,666 tokens with 5,000,000 $H (a 70% reduction), to be fully distributed on June 25, 2026.It is understood that the Humanity Foundation has sent adjustment notifications to over 100 investors. Early investment firm Trix Ventures has publicly disclosed its choice of the discounted immediate unlock.It is reported that this firm invested during the project's valuation phase of approximately $60 million, and even after the 3:10 discounted replacement, it can still achieve about 7 times return. Notably, the Humanity Protocol previously reached an in-depth cooperation with payment giant Mastercard, and the project's fundamentals have received endorsement from traditional financial institutions. The on-chain identity verification sector it belongs to is currently in its early market stage, but with the continuous expansion of AI-generated content and automated accounts, the demand for on-chain real identity verification is widely believed to grow exponentially, giving this sector long-term potential to become a leading project in the Web3 infrastructure field.The project is about to face a test of significant selling pressure from a one-time massive unlock, and whether it can grow explosively alongside the AI sector is crucial. Analysts point out that choosing the one-time unlock on June 25 is a safer decision. In the current market cycle, "certain liquidity" far outweighs paper numbers. The deferred plan extends the cycle to 3 years, with huge uncertainties regarding the protocol's survival and team stability.From a market structure perspective, June 25 faces obvious concentrated selling pressure risks: the Sablier contract release node is transparent on-chain, and quantitative and short-selling funds will precisely target this node; institutions may lock in profits by hedging in advance during the two-month window; market makers may withdraw buy depth in advance, causing the actual realization value to be less than 10% of the nominal value. Historically, large-scale concentrated unlocks of Starknet (STRK) and ApeCoin (APE) have triggered severe selling pressure, with the former dropping over 95% from its peak and the latter declining 77% within 7 months.

XRP Ledger introduces Boundless to enable public chains to achieve bank-level privacy and compliant transactions

XRP Ledger announced the integration of zero-knowledge infrastructure provider Boundless to support banks and asset management institutions in executing transactions on the public chain that balance privacy protection and compliance.According to reports, this solution can hide sensitive information such as transaction size, frequency, and counterparties, while still allowing regulatory agencies to conduct audits through selective disclosure and role-based access control, thus achieving a balance between privacy and compliance. This integration will support institutional scenarios such as cross-border B2B payments, fund and capital management, over-the-counter (OTC) trading, tokenized asset issuance, and on-chain trading and lending.Industry insiders believe that the contradiction between the transparency of public chains and the demand for privacy has always been a significant barrier to institutional adoption, and this solution aims to reduce the so-called "transparency tax." Meanwhile, competition in the privacy track continues to heat up. Technologies such as zero-knowledge proofs (ZK) and fully homomorphic encryption (FHE) are accelerating implementation, pushing privacy capabilities from optional features to underlying infrastructure. Data shows that the market size of tokenized assets has reached approximately $29.25 billion, with a monthly increase of about 7.9%.

Security experts: North Korea's "public" theft of cryptocurrency assets has become its means of financing

As the infiltration and attacks targeting the cryptocurrency industry continue to escalate, security experts point out that the core difference from hackers with backgrounds in other countries is that cryptocurrency assets have become an important direct source of financing for military expenses in that country. Reports indicate that during a recent months-long infiltration operation against Drift Protocol, North Korean hackers once again caused a stir in the industry.Experts state that this model is not merely a "fund transfer tool," but rather a direct "predatory profit" mechanism used to bypass international sanctions and obtain immediately usable hard currency. Security researchers note that, unlike countries such as Russia and Iran, North Korea almost entirely lacks sustainable foreign economic and commodity export capabilities, making it more reliant on cryptocurrency theft as a core source of income to support its nuclear weapons and ballistic missile programs.Experts also emphasize that North Korean hacker attack targets have expanded from simple phishing to exchanges, wallet services, and key holders of DeFi protocols, commonly employing long-term social engineering and identity disguise infiltration methods. Due to the characteristic of blockchain transactions being "irreversible once confirmed," the cryptocurrency industry is far weaker than the traditional financial system in terms of freezing and recovering funds, making such attacks more destructive in speed and scale. Security personnel warn that this type of "long-term infiltration + precise power seizure" attack model has yet to be effectively addressed by the industry.

He Yifa wrote a long article listing Xu Mingxing's "six sins," accusing him of deliberately manipulating public opinion to suppress Binance

Binance co-founder He Yi (@heyibinance) published a lengthy article on the X platform on April 10, directly responding to a series of accusations made by OKX founder Xu Mingxing (@star_okx) against CZ and Binance. He Yi refuted each point in the article, stating that Xu deliberately blamed Binance for the market crash on March 11, defined the BNB chain meme as market manipulation by Binance, hired online trolls to suppress competitors, and engaged in "six tactics" such as creating controversies to drive traffic to himself. He bluntly stated, "You know too well how to attack a professional woman," emphasizing that his position is earned through independent effort and is unrelated to anyone else.At the end of the article, He Yi also responded strongly to personal attacks against him, stating, "You know too well how to attack a professional woman, just by stigmatizing 'she is where she is today because of a man,' deliberately creating scandalous rumors, and belittling me as 'a trophy'," and emphasized, "My identity is not given by anyone; I built my own empire. I came, I saw, I conquered; this applies to both my career and my relationships."Previously, CZ (@cz_binance) had posted about Xu Mingxing's public $1 billion bet, demanding that he "apologize like a man." Xu Mingxing responded by stating that CZ's public initiation of a huge bet contradicts the professional ethics expected of executives at regulated exchanges. The debate between the two parties is still ongoing.
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