Headlines
▌A newly created wallet withdrew 420 BTC from Binance one hour ago, worth $39.2 million
According to Lookonchain monitoring, a newly created wallet withdrew 420 BTC from Binance one hour ago, worth $39.2 million.
▌Hyperliquid official X account has been hacked, please do not click on related links
According to Ponzi Trader, the Hyperliquid official X account has been hacked, please do not click on related links.
Market
As of the time of writing, according to Coingecko data:
BTC recent transaction price $94,621.75, daily change +0.2%;
ETH recent transaction price $1,802.96, daily change +0.5%;
BNB recent transaction price $601.57, daily change +0.1%;
SOL recent transaction price $148.65, daily change +2.2%;
DOGE recent transaction price $0.1741, daily change +0.1%;
XPR recent transaction price $2.20, daily change -1.5%.
Policy
▌Institutions like Solana propose to put U.S. stocks on-chain to promote financial innovation
Solana Policy Institute, Superstate Inc., Lowenstein Sandler LLP, and Orca Creative submitted a new framework to the U.S. Securities and Exchange Commission (SEC) crypto special working group on Wednesday, aiming to put equity securities like stocks on-chain. This pilot project is called 'Project Open,' and the Solana Policy Institute stated, 'Project Open represents a milestone in American financial innovation,' enhancing transparency in U.S. financial markets, enabling instant settlements, and reducing costs. BlackRock CEO Larry Fink also noted: 'Every stock, every bond, every fund—every asset—can be tokenized.'
Blockchain Applications
▌Tether plans to launch a new stablecoin product in the U.S. as early as this year
Tether CEO Paul Ardoino stated in an April 30 interview with CNBC that Tether plans to launch a stablecoin product in the U.S. as early as this year, depending on the progress of U.S. legislators on stablecoin legislation. He referred to Tether's USDT as 'the best product in American history'—the 'largest exporter' of the dollar, with a current market cap close to $150 billion, accounting for about 66% of the stablecoin market share. Ardoino emphasized that Tether is actively working with law enforcement to demonstrate USDT's benefits to the U.S. economy.
Cryptocurrency
▌A whale deposited $5 million USDC into HyperLiquid, shorting HYPE with 5x leverage
According to Onchain Lens monitoring, a whale deposited $5 million USDC into the HyperLiquid platform and opened a short position on HYPE with 5x leverage.
▌Pompliano seeks to raise $200 million for ProCap Acquisition through SPAC IPO
Famous cryptocurrency investor Anthony Pompliano has applied for a $200 million IPO via SPAC, with the company named ProCap Acquisition Corp. This SPAC aims to target high-growth companies in the fintech and digital asset sectors. Pompliano previously served as Facebook's product lead and is a co-founder of Morgan Creek Digital, now running Professional Capital Management. ProCap's management team includes professionals with backgrounds in mergers and acquisitions, venture capital, and digital asset compliance.
▌Metaplanet established a U.S. subsidiary focused on Bitcoin fund operations
Japanese listed company Metaplanet has established a U.S. subsidiary in Florida with a capital of $250 million, focusing on Bitcoin fund operations.
▌Coinbase will list Mantle (MANTLE)
Coinbase will increase support for Mantle (MANTLE) on the Ethereum network (ERC-20 tokens). If liquidity conditions are met, trading will start at 9 AM or later on May 1, 2025 (Pacific Time). Once sufficient asset supply is established, the MANTLE-USD trading pair will be launched in phases. Support for MANTLE may be limited in certain supported jurisdictions.
▌Coinbase adds WLD to the listing roadmap
Coinbase announced it will add Worldcoin (WLD) to the listing roadmap.
Important Economic Dynamics
▌Eight Hong Kong digital banks reported earnings: total losses over HKD 2.6 billion in 2024
Eight Hong Kong digital banks (previously known as virtual banks) reported their 2024 full-year performance, with all banks failing to escape losses. The eight digital banks collectively lost over HKD 2.6 billion in 2024, narrowing by about 12% year-on-year. The main situations are as follows: 1. Mox Bank recorded a loss of HKD 710 million, narrowing by 4% year-on-year, continuing to be the digital bank with the largest annual loss; 2. ZA Bank narrowed its loss by 42% to HKD 230 million, with customer deposits reaching HKD 19.4 billion by the end of 2024, up 66% year-on-year, continuing to be the bank with the most customer deposits; 3. WeLab Bank reached monthly breakeven in December last year and is expected to achieve profitability in the first quarter of this year.
▌Spot gold fell below $3250/oz
Spot gold fell below $3250/oz, retreating more than $40 from the daily high.
▌Trump calls on Congress to pass the largest tax cut in American history, claiming it will achieve a GDP growth of 3.3% to 3.8% in the short term
On May 1, according to an official announcement from the White House, President Trump again called on Congress to pass the 'Great and Beautiful Bill' for the largest tax cut in American history. Once passed, it is expected to: Increase real GDP by 3.3% to 3.8% in the short term, and by 2.6% to 3.2% in the long term; Increase real wages by $3,300 per year; Increase middle-class household income by $5,000 per year; Create 4.1 million new jobs.
▌U.S. actively reaches out to China through multiple channels hoping to discuss tariffs
According to sources, recently the U.S. has actively contacted China through various channels, hoping to negotiate on tariff issues. Recently, President Trump and his trade team have also frequently hinted that the U.S. is in trade negotiations with China. International trade negotiation experts analyze that the more frequently the U.S. releases messages, the more it shows its eagerness to push for negotiations. From the perspective of negotiations, the U.S. must be the more anxious party at this point. Currently, the Trump administration faces multiple pressures, first being economic pressure, and second being public opinion pressure. The analysis suggests that there is no need for China to engage in talks with the U.S. before substantial actions are taken. However, if the U.S. wishes to engage with China, it is not detrimental for China at this stage; it needs to observe and even force the U.S. to reveal its true intentions, thus mastering the initiative in negotiations.
Golden Encyclopedia
▌What is address poisoning attack?
In the cryptocurrency world, hostile actions by attackers to manipulate cryptocurrency addresses to influence or deceive consumers are known as address poisoning attacks. On blockchain networks, these addresses, composed of various alphanumeric strings, are the source or destination of transactions. These attacks use various methods to undermine the integrity and security of crypto wallets and transactions.
Disclaimer: Golden Finance, as a blockchain information platform, publishes articles for informational reference only and does not constitute actual investment advice. Please establish correct investment concepts and be sure to enhance risk awareness.
