ChainCatcher news, according to official documents, U.S. Senator Bernie Moreno introduced the "2025 American Blockchain Deployment Act" (S.1492) on April 10, aimed at requiring the Secretary of Commerce to support the United States' global leadership in the deployment, application, and competitiveness of blockchain technology. The bill has been submitted to the Senate Committee on Commerce, Science, and Transportation for review.

ChainCatcher news, Loopscale announced that after successfully negotiating with the hacker, all funds taken from the Loopscale protocol on April 26 (including 5,726,725 USDC and 1,211 SOL) have now been fully recovered.In this incident, users' deposits will not suffer any losses. More details (including information related to treasury withdrawals) will be announced later.

ChainCatcher message, Binance Wallet responded to users on social media regarding the issue of failed sales of Alpha tokens, stating, "The reason involves the underlying DEX, and the KMNO token has a higher failure rate. This issue needs to be resolved by the underlying DEX. We have communicated with the underlying DEX, and they have confirmed the issue. We will continue to track and optimize the handling of this issue."

ChainCatcher news, according to Fortune magazine, the crypto company Unto Labs, founded by former Jump Crypto employees, has completed a $14.4 million funding round, led by Framework Ventures and Electric Capital, with a valuation of $140 million.Heeger is developing its own virtual machine ThruVM for the planned Unto blockchain, which will use RISC-V. Unto Labs aims to use this funding round to hire more employees, hoping to expand the team size from 5 to 10 by the end of the year.

ChainCatcher news, Cointelegraph analyst Nancy Lubale stated that the renewed demand for Ethereum spot ETFs, increased on-chain activity, and bullish patterns in the technical analysis may drive ETH to break through the next key resistance level of $2000.On April 28, the total net inflow for Ethereum ETFs reached $64.1 million. Previously, as of the week ending April 25, the total net inflow for Ethereum ETFs was $151.7 million, marking the highest level since February 2025. This reflects the growth in institutional demand. The total value locked (TVL) in the Ethereum network exceeded $51.8 billion, growing by approximately 16% over the past seven days. The daily trading volume of Ethereum's DEX increased by over 30% in the past week, reaching $1.65 billion.Additionally, although ETH/USD faced resistance at $1,860, it is likely to regain upward momentum as the charts indicate a typical bullish pattern.

ChainCatcher message, Nick Tomaino, founder of 1confirmation, stated on platform X, "There is a negative correlation between the hype of the seed round stage and the success of the project. Participating in a hot funding round is indeed exciting: high funding amounts, intense competition, well-known investors, extensive media coverage, etc. However, participating in such 'hot projects' before product-market fit is clear rarely leads to truly outstanding results. Some of the most 'hyped' projects we invested in at 1confirmation turned out to be the worst investments. There are a few reasons for this:Creating market hype is a skill, but it is completely different from the ability to build useful products.Founders who are 'crowned' too early may feel they have already succeeded, thus losing their 'killer' instinct.Over-funding often leads to distraction and lack of focus.I would choose focused and accountable founders over respected founders who are busy all day."

ChainCatcher message, Binance Futures will adjust the funding fee rate cap for the ALPACAUSDTU perpetual contract to +4.00%/-4.00% on April 29, 2025, at 18:00 (Beijing Time).

ChainCatcher news, Neo announced the closure of the Neo Legacy network, which has served the Neo ecosystem for over 8 years since its launch in 2016. With the launch of the next-generation blockchain Neo N3 in 2021, Neo has decided to shut down the Neo Legacy network in 2025.The Neo Legacy testnet will be closed on June 1, and the mainnet will be closed on October 31. Users must migrate their assets and smart contracts to Neo N3 before the shutdown, or they will be permanently lost.

ChainCatcher news, the Beijing Municipal Science and Technology Commission, the Management Committee of Zhongguancun Science Park, and other departments jointly released the "Beijing Blockchain Innovation Application Development Action Plan (2025-2027)." This plan sets goals for 2027, aiming to enhance the capability of independently controllable blockchain technology to support the national digital infrastructure, striving to achieve more than 10 breakthrough results in core technology fields such as blockchain-specific chips and privacy protection.In addition, the plan aims to form over 20 excellent application cases in five key areas, including large AI models, and to initially establish a national-level blockchain hub node. This action plan will provide important guidance for the development of blockchain technology in Beijing.

ChainCatcher message, according to the official announcement, Binance contracts will adjust the funding fee settlement frequency for the SIGNUSDT U perpetual contract on April 29, 2025, at 18:00 (UTC+8). The funding fee settlement frequency will be changed from once every four hours to once every hour.

ChainCatcher message, Hyperliquid's official announcement states that the new fee structure and staking levels will go live on May 5 at approximately 03:00 (UTC). The changes include:Staking HYPE can reduce trading fees;Different fee standards will be applied for perpetual contracts and spot trading;Spot trading volume will be counted double when calculating fee levels.The testnet has now opened the staking and trading account linking feature, allowing users to apply the staking discount from one account to another trading account. This feature is expected to be officially launched shortly after the new fee structure and staking levels go live.

ChainCatcher message, the full-chain derivatives liquidity layer Orderly Network tweeted that it has completed the upgrade. New features include the display of the maximum open contract limit, support for LayerZero v2, and optimization of the strategy Vault. Currently, all systems are back online.

ChainCatcher News, the U.S. Treasury Department announced on Monday that the estimated net borrowing for the second quarter is $391 billion higher than the February forecast, due to the fact that Congress has yet to raise the federal debt ceiling, and the initial cash reserves at the beginning of the second quarter are far below previous expectations. The Treasury stated that if the seasonal cash balance factor is excluded, the borrowing estimate for the second quarter is actually $53 billion lower than the February forecast.Zerohedge analysis indicates that this shows the government efficiency department "DOGE," led by Musk, is indeed functioning, with an improvement in fiscal conditions and a decline in the actual financing needs of the U.S. Total revenue is slightly above last year's levels, while spending is close to the lower end of historical ranges.

According to ChainCatcher news and SoSoValue data, the cryptocurrency market has rebounded across the board, with the AI sector leading the way with a 9.07% increase. Within this sector, Bittensor (TAO), Render (RENDER), ai16z (AI16Z), and Virtuals Protocol (VIRTUAL) rose by 8.16%, 8.78%, 18.03%, and 39.50% respectively over the past 24 hours.In addition, Bitcoin (BTC) increased by 2.04% in 24 hours, briefly rising above $95,000. Ethereum (ETH) rose by 1.80%, approaching the $1,800 mark. Notably, MAG7.Ssi increased by 1.79%, DEFI.Ssi rose by 3.52%, and MEME.Ssi went up by 2.13%.Other standout sectors include: the DePIN sector, which rose by 6.09% in 24 hours, with Filecoin (FIL), IOTA, and Theta Network (THETA) increasing by 2.97%, 3.16%, and 7.13% respectively; the GameFi sector, which rose by 5.33%, with Decentraland (MANA) and GALA increasing by 5.49% and 6.56%; and the NFT sector, which rose by 4.40%, with SuperVerse (SUPER), Apecoin (APE), and Moca Coin (MOCA) increasing by 5.29%, 5.66%, and 29.91% respectively.The cryptocurrency sector indices reflecting historical performance show that the ssiAI, ssiDePIN, and ssiGameFi indices increased by 9.12%, 6.59%, and 5.58% respectively over the past 24 hours.In other sectors, the DeFi sector rose by 4.27% in 24 hours, the Layer2 sector increased by 3.48%, the Meme sector rose by 3.10%, the PayFi sector increased by 3.06%, and the Layer1 sector rose by 2.44%.

ChainCatcher news, according to Cointelegraph, former Bank of England Governor Mark Carney led the Liberal Party to victory in the 2025 Canadian election, successfully becoming the Prime Minister of Canada.Mark Carney is known for his cautious and critical stance on Bitcoin, and he has pledged to promote Canada's leading position in emerging technologies.