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The globally leading digital asset trading platform Gate has released its latest quarterly report, showcasing strong momentum in the continuous expansion of several core businesses. Gate Perp DEX has entered a phase of scaled growth based on a mature product system, with a cumulative trading volume exceeding $13 billion in the first quarter, over 10 million transactions, and the number of trading pairs surpassing 600. While covering mainstream crypto assets, it has also introduced TradFi perpetual contracts for gold, silver, and crude oil, pushing the platform to extend from single crypto derivatives trading to a multi-asset market.At the same time, the ETF and derivatives markets have shown active performance, with quarterly ETF trading volume increasing from 6.7 billion USDT at the beginning of the year to over 18 billion USDT, covering more than 320 trading pairs; the daily trading user growth for options business has increased by 54.6%. TradFi-related products have become an important driving force for the growth of derivatives, promoting the trading structure from single crypto assets to a multi-asset system.In terms of institutional and product ecosystem, the platform's growth momentum continues to be released. The trading volume of institutional contracts has increased by over 50% compared to the end of last year, and the total number of institutional users has grown by over 66%; asset management scale has increased by 22%, and trading volume has grown by 192%. CrossEx trading volume and net asset scale have achieved approximately 9.4 times and 3.1 times growth, respectively. Gate's multi-business collaborative growth, relying on the integration of TradFi and crypto assets, is accelerating its evolution into a comprehensive multi-asset trading platform.

The Sui ecosystem lending protocol Scallop announced on platform X that a vulnerability was found in an affiliated contract related to Scallop's sSUI reward pool, resulting in a loss of approximately 150,000 SUI. The affected contract has been frozen.Scallop stated that the core contract remains secure, and only the sSUI reward pool was affected. All other reward pools are safe. Scallop will fully cover 100% of the losses and will release further updates as soon as possible.

The U.S. Department of State's Bureau of International Narcotics and Law Enforcement Affairs announced a reward of up to $4 million under the Transnational Organized Crime Rewards Program for information leading to the arrest of Daren Li, who assisted various scam centers in Southeast Asia in laundering their proceeds.According to court documents, Daren Li laundered funds obtained from victims through cryptocurrency scams and related fraudulent means, instructing accomplices to open U.S. bank accounts in the name of shell companies, and monitored the interstate and international wire transfers of victim funds. At least $73.6 million of victim funds were directly deposited into bank accounts associated with him and his accomplices, including at least $59.8 million from U.S. shell companies involved in laundering the proceeds obtained from defrauded victims.

According to official news, OKX Wallet has officially launched the X Launch event for Fluent Network (BLEND) in the OKX Boost product. Eligible users can share a prize pool of over 3 million BLEND.It is reported that Fluent Network is a blockchain built specifically for reputation-based applications. OKX Wallet, as an industry-leading one-stop Web3 gateway, supports over 140 popular public chains.RootData information shows that Fluent Network has a transparency score of 78% (out of 100%), which is above average, indicating that information disclosure is relatively complete.

Binance Wallet launches the OpenGradient (OPG) trading competition on Binance Alpha. The event is divided into two batches, with the first batch running from April 24, 2026, 21:00 to May 1, 2026, 21:00, and the second batch running from May 1, 2026, 21:00 to May 8, 2026, 21:00. Participants will be ranked based on their total buying trading volume of OPG during each event period, and the top 3,370 users will share 303,300 OPG tokens. During the event, users must trade OPG tokens through Binance Wallet (without private keys) or Binance Alpha, and specific rewards will be distributed before May 22, 2026, 21:00.

BIT tweeted that in the past two issues of the "Biton Target" report, we hinted that the bear market phase of Bitcoin may be nearing its end. Signals from multiple time dimensions are gradually forming resonance, supporting this judgment. When this judgment was made, Bitcoin was approaching the downward trend line formed since the bear market began in October 2025, just one step away from breaking upwards. Meanwhile, the weekly stochastic oscillator has fallen to a low not seen since January 2023, which was near the phase bottom after the end of the 2021/2022 bear market. Historically, this indicator reading often corresponds to market bottom areas.Our Bitcoin trend model has turned bullish. Trend signals do not always materialize, but considering that Bitcoin itself has strong trends and high volatility characteristics, after the previous two signals reversed quickly, the current round of movement has better conditions for continuation. Additionally, Bitcoin's price is gradually approaching the 21-week moving average, which has a critical boundary significance in our bull-bear judgment framework.$73,000 has always been an important watershed since March 2024 and is a key threshold for confirming whether this trend can reverse. Recently, Bitcoin has been fluctuating around $70,000. If it can effectively break through and stabilize above $73,000, the reversal signal will be further confirmed. Currently, various indicators are overall positive, but before the price enters this round's target range, the upward pace may still be disturbed by phase risk factors, so attention should be maintained.

According to market news, the cryptocurrency market weakened overall on Friday, with BTC hovering around $77,800, and the upward trend that started at $65,000 since Wednesday has clearly slowed down; ETH is reported at $2,300, with a 24-hour decline of about 0.8%, underperforming BTC.The market pressure mainly comes from two aspects: first, Japan's corporate service price index rose 3.1% year-on-year in March, exceeding expectations, and core inflation is also accelerating upward. The market expects the Bank of Japan may signal an interest rate hike at the next policy meeting, and a stronger yen could trigger the unwinding of carry trades in global risk assets; second, the ongoing war in Iran continues to disrupt oil transportation in the Strait of Hormuz, with WTI crude oil futures rising over 40% to $96 per barrel since the outbreak of the war. The U.S. Pentagon warns that clearing mines will take at least six months, and global inflationary pressures may persist, further compressing the Federal Reserve's space for interest rate cuts.

SlowMist CISO 23pds disclosed that the password management tool Bitwarden CLI version 2026.4.0 suffered a Checkmarx supply chain attack between 17:57 and 19:30 Eastern Time. The attacker briefly distributed a malicious package via npm by abusing the GitHub Action in the Bitwarden CI/CD pipeline.The official confirmation states that Vault data was not leaked, and production systems were not affected; only users who installed this version via npm during that time window were impacted. The official recommendation for affected users is to immediately uninstall 2026.4.0, clean the npm cache, rotate sensitive credentials such as API Tokens and SSH Keys, investigate any abnormal activities on GitHub and CI, and upgrade to the fixed version 2026.4.1.

Coinbase Institutional tweeted that its March market cycle survey shows that among institutional investors, 43% believe we are currently in the late bear market; among non-institutional investors (retail), 49% believe we are still in the bear market markdown phase.

According to on-chain analyst Ai Yi's monitoring, Sun Yuchen has deposited a total of $1.3 billion in assets to Spark, with USDS Farming rewards reaching as high as $5.38 million.Sun Yuchen's address 0x939...6a1d1 withdrew 300 million USDS from Sky in the past 3 hours and then deposited it into Spark. The current deposits on the platform are as follows:USDS: $436 million, accounting for 18.72% of the deposit pool;USDC: $135 million, accounting for 28.17% of the deposit pool;USDT: $93.39 million, accounting for 9.89% of the deposit pool.

According to CoinDesk, data disclosed by the market-making company Caladan shows that about 93% of GameFi projects are now nearly dead, with token values down 95% from their peak in 2022, and game studio funding plummeting by 93% by 2025. Investment in Web3 games has almost completely dried up, with funds shifting towards AI, real-world assets, and Layer-2 infrastructure, leading to a collapse in the gaming industry. Even Animoca Brands, the most active investor in the Web3 space, has reduced its gaming business to about 25% of its portfolio and has started to pivot towards areas like stablecoins.In addition, 63% of Web3 venture capital funding in 2022 flowed into the gaming sector, but by 2025 this proportion has dropped to single digits, with over 300 games announcing shutdowns, turning Web3 gaming into a cautionary tale about chasing speculation while neglecting product-market fit.

According to CoinDesk, Kraken stated that it has submitted 56 million cryptocurrency transaction tax forms to the IRS for the 2025 tax year, of which approximately 18.5 million correspond to amounts below $1, 74% are below $50, and only 8.5% exceed $600.Kraken pointed out that the lack of a minimum amount tax exemption rule for cryptocurrency payments, as well as the taxation of staking rewards as ordinary income at the time of receipt, is placing a heavy reporting burden on investors. Kraken is calling on the U.S. Congress to promote a broader minimum amount tax exemption policy linked to inflation and to allow taxpayers to choose to be taxed on staking rewards at the time of receipt or sale.

According to Jinshi reports, a research report from CICC stated that Federal Reserve Chair nominee Kevin Warsh revealed the core policy proposition of "simultaneous balance sheet reduction and interest rate cuts" during the Senate Banking Committee hearing.He explicitly opposed normalizing quantitative easing and advocated for a gradual reduction of the Federal Reserve's balance sheet size. Although he did not make a clear commitment, his statements have shown a tendency towards interest rate cuts. This shift may indicate that the narrative of persistent dollar liquidity flooding will face correction.

According to Jinshi reports, Federal Reserve Chair nominee Waller believes that the Federal Reserve should reduce its reliance on forward guidance and warns that excessive transparency may hinder policy flexibility. He pointed out that the Federal Reserve's response to soaring inflation during the pandemic was too slow, and reducing commitments would help achieve more flexible decision-making. He sees this as part of a broader reform agenda and expresses anticipation for implementing these necessary changes.

Huobi HTX global advisor Sun Yuchen made a significant appearance at the HTX Genesis Hackathon opening ceremony in Hong Kong in an online format, sharing his latest insights on the application prospects of AI Agent technology in the Web3 field and the future development direction of the industry. He pointed out that AI Agent will replace traditional interaction methods and become the core driving force of the next phase of the Web3 ecosystem.He explained that past Web3 applications often came with extremely high learning thresholds and complex on-chain interactions, while the introduction of AI Agent will drive decentralized applications (DApps) to evolve from "manual operation" to "intention-driven" based on natural language. This means that AI Agents can autonomously understand user needs, automatically plan paths, and complete complex on-chain settlements such as cross-chain transactions. This paradigm shift towards intelligence and autonomy will not only greatly unleash on-chain productivity but also become a new breakthrough point to break the bottleneck of Web3 user growth and lead the industry toward true mass adoption.It is reported that the HTX Genesis Hackathon is hosted by HTX DAO and B.AI, co-hosted by TinTinLand and OpenCity, attracting numerous developer communities, investment institutions, project parties, trading platforms, and public chain ecosystems to participate.

According to the official announcement, Gate will launch the 13th phase of the Flash Exchange Lucky Draw event from April 20 at 18:00 to April 27 at 00:00 (UTC+8). During the event, users can initiate flash exchange transactions with a minimum of only $1, enjoy a zero-fee fast experience, and participate in the lottery to unlock PIEVERSE and lucky bag rewards. The prize pool is updated daily at 08:00 (UTC+8), and the number of rewards is limited, available on a first-come, first-served basis.During the event, new users who complete their first flash exchange transaction of no less than $1 will receive 1 lottery chance; users who complete a flash exchange transaction volume of $100 daily will receive 1 lottery chance, and additional lottery chances can be unlocked when the transaction volume reaches $500, $1,000, $5,000, and for every additional $10,000; for each new user invited who completes identity verification and their first flash exchange transaction of no less than $1, 1 lottery chance can be obtained, with a maximum of 10 chances per individual.In addition, users whose flash exchange transaction volume reaches 80,000 USDT can also participate in the cash reward activity, with a maximum reward of 200 USDT available, and a total prize pool of 20,000 USDT, distributed based on transaction volume ranking, available on a first-come, first-served basis.It is reported that Gate Flash Exchange currently supports over 2,400 types of cryptocurrency assets, providing zero fees, fast transactions,

At the 13th anniversary gala "GATE GALA 13" held at the Rosewood Hotel in Hong Kong, Gate founder and CEO Dr. Han delivered a keynote speech titled "How We Grow Together in the Crypto Industry," providing a systematic sharing on the future development path of the crypto industry. The event attracted over 300 institutional representatives, partners, and industry guests from around the world.In his speech, Dr. Han pointed out that the crypto industry is gradually moving from early breakthroughs to a new stage of multi-ecosystem collaborative development. Among them, the integration of CEX, DEX, and TradFi will become an important direction for the evolution of infrastructure, while the introduction of RWA, multi-asset allocation, and AI technology is reshaping the application boundaries and efficiency models of the industry.He further stated that future industry competition will no longer be limited to single products or tracks, but will depend on the platform's comprehensive capabilities in multi-asset integration, technological collaboration, and global resource connectivity. As institutional participation continues to rise, the industry as a whole will accelerate towards a more mature and systematic direction.