Daily Report | Du Jun lost 30 million USD on ETH; Mantra launched a 108 million USD ecological fund to promote the development of RWA and DeFi
April 7 News OverviewOrganizer: Jerry, ChainCatcher
Important News:
- Du Jun: Lost 30 million USD on ETH
- Mind Network announces details of the first airdrop for token $FHE, five types of users can claim
- He Yi: Users do not need to be educated, what’s more important is to provide products that users need
- Arthur Hayes: Continuously buying Bitcoin, expects Bitcoin's market dominance to rise to 70%
- Expectations for the Fed's "emergency rate cut" are rising
- Trump: The Fed should cut rates
- Mantra launches a $108 million ecological fund to promote RWA and DeFi development
"What important events have occurred in the past 24 hours"
Du Jun: Lost 30 million USD on ETH
ABCDE partner Du Jun responded, "Cash is king, I have already lost 30 million USD on ETH."
Mind Network announces details of the first airdrop for token $FHE, five types of users can claim
Fully Homomorphic Encryption (FHE) infrastructure Mind Network has officially opened the $FHE token airdrop query today, and users can now visit the official website to check their airdrop amount.
This airdrop is aimed at five types of users, including CitizenZ Passport NFT holders, $vFHE delegates and mainnet participants, invitees, AgentConnect Hub registrants, and community contributors. The official stated that this airdrop aims to thank early supporters and active users for their contributions to the ecosystem and to promote the development of FHE technology and the Agentic AI ecosystem.
According to reports, Mind Network has previously completed a $12.5 million financing round, with investors including YZi Labs, Animoca, and other well-known institutions.
At the "2025 Hong Kong Web3 Carnival" conference, Binance co-founder He Yi stated in a dialogue titled "Bridging the Gap: How Web3 Moves from Geek Culture to Mass Resonance" that "users do not need to be educated, what’s more important is to provide products that users need."
Arthur Hayes: Continuously buying Bitcoin, expects Bitcoin's market dominance to rise to 70%
According to social media messages from BitMEX co-founder Arthur Hayes, he has been continuously buying Bitcoin (BTC) and stated that he will continue to do so. Hayes believes that while the prices of small-cap tokens have entered the target range, Bitcoin's dominance in the cryptocurrency market is expected to rise to 70%, so he will not be buying small-cap tokens in large quantities at this time. He also pointed out that printing money is currently the only solution.
Expectations for the Fed's "emergency rate cut" are rising
According to Jin10 reports, as there are no signs that Trump will compromise on tariffs, expectations for an emergency rate cut by the Fed are rising. Swap trading shows that the probability of the Fed cutting rates by 25 basis points next week is about 40%, much earlier than the Fed's scheduled rate decision on May 7.
Meanwhile, investors are selling off risk and rushing to buy bonds, leading to a sharp drop in yields. On Monday, the yield on the most interest-sensitive U.S. two-year Treasury fell by 22 basis points to 3.43%, totaling a decline of about 50 basis points since Trump announced tariffs.
Trump: The Fed should cut rates
According to Jin10 reports, U.S. President Trump stated that there is no inflation; he reiterated that the Fed should cut rates.
Mantra launches a $108 million ecological fund to promote RWA and DeFi development
According to Cointelegraph reports, Mantra has launched a $108 million ecological fund to promote RWA and DeFi development.
Mantra stated that over the next four years, it will filter investment opportunities through its partner network and deploy funds globally to "high-potential blockchain projects." Supporters of the fund include Laser Digital, Shorooq, Brevan Howard Digital, Valor Capital, Three Point Capital, and Amber Group.
"What are the exciting articles worth reading in the past 24 hours"
In a relaxed and free communication atmosphere, participants exchanged ideas, expanded networks, and explored cooperation possibilities, collectively building confidence and consensus for industry development.
Dialogue with SideKick co-founder Jonny Fish: Why will live trading become an inevitable trend?
Backed by YZi Labs, SideKick is about to launch and usher in the LiveFi era.
The downtime is indeed the best opportunity for BUIDL. But the first priority for players is to survive and stay here.
A comprehensive understanding of the DeFi platform Optimex built specifically for BTC | CryptoSeed
Optimex is attempting to open the door to DeFi for Bitcoin, breaking its long-standing limitation of "only being held."
Full transcript of CZ's fireside chat: HODL strategy challenged, survival rules in market volatility
In this in-depth dialogue with the Hong Kong community, CZ publicly analyzed the development bottlenecks of BNB Chain, the community controversies surrounding MEME coins, and his expectations for a "healthy ecosystem" in the industry for the first time. He emphasized the need to "balance quick money and slow money," outlining a survival rule for investors that encompasses both risks and opportunities.
Trump responds to market crash, insists tariffs are the only remedy for America
Trump responded on Monday: "I did not intend to cause the stock market to crash, but sometimes you have to take medicine to cure the disease."
Meme Popularity Rankings
According to the meme token tracking and analysis platform GMGN, as of April 7, 19:50:
In the past 24 hours, the top five popular tokens on Ethereum are: APE, SPX, ODOGE, LINK, UNI
In the past 24 hours, the top five popular tokens on Solana are: PIPE, TRUMP, GOD, NFTLX, BOOBCOIN
In the past 24 hours, the top five popular tokens on Base are: GRK, TOSHINME, VIRTUAL, DRB, USDT
