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Galaxy Research Director Alex Thorn posted on the X platform that the CLARITY Act currently has a higher urgency, one reason being the intense competition for control of the U.S. Senate. If the Democrats regain control of the Senate, former Senator Sherrod Brown may reclaim the chairmanship of the Senate Banking Committee; however, if he fails to win the Ohio Senate election but the Democrats still secure control of the Senate, the committee may be led by Elizabeth Warren.The potential personnel changes mentioned above could significantly impact the regulatory direction of the cryptocurrency industry, thereby increasing the real urgency for advancing the CLARITY Act. Note: Elizabeth Warren is not friendly towards the cryptocurrency industry; she has urged the U.S. Treasury to implement strict accompanying rules for the GENIUS Act and has explicitly issued guidance prohibiting the use of federal resources such as the foreign exchange stabilization fund or the Federal Reserve's emergency lending tools to backstop stablecoins and the cryptocurrency industry.

According to Gate market data, the S&P 500 index futures fell by 0.55%, the Dow Jones index futures fell by 0.73%, and the Nasdaq 100 index futures fell by 0.51%.

According to Coinglass data, the current 8-hour average funding rate for ETH across the network is 0.0016%. Among the current mainstream exchanges, the rate on Binance is 0.0087%, OKX is 0.0093%, Bybit is 0.0014%, and Gate is -0.0201%.

According to Coinglass data, the current 8-hour average funding rate for BTC across the network is -0.0045%. Among the current mainstream exchanges, the rate on Binance is -0.0001%, OKX is 0.008%, Bybit is 0.0034%, and Gate is -0.0081%.

According to TechFundingNews, the blockchain trading platform Ekiden announced the completion of a $2 million seed round financing, with the company's valuation reaching $20 million.This round of financing was led by Unicorn Factory Ventures and P2 Ventures, and also attracted angel investors who have previously invested in projects such as GSR, Pyth, Aptos, LayerZero, and Cube Exchange.It is reported that Ekiden is committed to bringing institutional-level trading on-chain, providing efficient and secure trading solutions through blockchain technology.

The decentralized trading platform Hyperliquid has officially launched the HIP-4 event contracts. On the first trading day, the nominal trading volume of this product reached 6.05 million contracts, accounting for about 0.7% of the total predicted market volume for that day. In comparison, mainstream prediction market platforms had significantly larger trading volumes on that day: Kalshi approximately 546 million contracts, Polymarket approximately 190 million, Limitless approximately 68.26 million, Crypto.com approximately 28.2 million, Opinion approximately 25.72 million, and Predict.fun approximately 11.8 million.Data shows that although Hyperliquid's initial scale in the event contract sector is relatively small, it has achieved cold start trading volume, marking its official entry into the prediction market competitive landscape. In the short term, leading platforms still hold an absolute liquidity advantage, and future growth will depend on product design and user migration capabilities.

According to Coinglass data, the current holdings of whales on the Hyperliquid platform amount to $3.992 billion, with long positions at $2.017 billion, accounting for 50.53% of the total, and short positions at $1.975 billion, accounting for 49.47%. The profit and loss for long positions is $39.742 million, while for short positions it is -$66.6973 million.Among them, the whale address 0xa5b0..41 has taken a 15x full position long on ETH at a price of $2265.48, currently showing an unrealized profit and loss of $4.1205 million.

According to FinanceFeeds, Alex Thorn, the research director of Galaxy Digital, stated that as advancements in quantum computing hardware accelerate, the Bitcoin community is shifting from decentralized debates to forming a preliminary consensus on quantum threats. The core direction is to gradually introduce post-quantum cryptography (PQC) through soft forks, achieving an upgrade of the address system and long-term security assurance.The report points out that the current Bitcoin signature mechanism, which uses the Elliptic Curve Digital Signature Algorithm, can theoretically be cracked by Shor's algorithm. Approximately 2 million BTC from early p2pkh addresses are at risk because their public keys have been exposed, facing the potential risk of "collecting first and decrypting later." The community tends to promote a "migration window" mechanism to guide users in transferring their assets to new quantum-resistant addresses, and after a multi-year grace period, to implement freezing or destruction of untransferred assets to prevent large-scale market impacts in extreme situations. Additionally, the consensus includes enhancing "cryptographic agility," which allows protocols to switch signature algorithms without interrupting the network.The current proposal leans towards a dual-signature mechanism that uses ECDSA and PQC (such as Dilithium) in parallel, ensuring security redundancy while facilitating a smooth transition. Analysts believe that this approach transforms the quantum threat from a "black swan event" into a manageable technological upgrade, helping to solidify Bitcoin's security foundation as a long-term store of value asset.

According to SoSoValue data, the net inflow of Bitcoin spot ETFs during the last trading week (Eastern Time April 27 to May 1) was $154 million.The Bitcoin spot ETF with the highest net inflow last week was Blackrock ETF IBIT, with a weekly net inflow of $136 million, bringing the total historical net inflow of IBIT to $65.5 billion. The second was Ark & 21 Shares ETF ARKB, with a weekly net inflow of $49.9842 million, and the total historical net inflow of ARKB currently stands at $1.66 billion.The Bitcoin spot ETF with the highest net outflow last week was Grayscale Bitcoin Trust GBTC, with a weekly net outflow of $73.7115 million, and the total historical net outflow of GBTC has reached $26.29 billion.As of the time of writing, the total net asset value of Bitcoin spot ETFs is $103.78 billion, with an ETF net asset ratio (market value compared to total Bitcoin market value) of 6.66%, and the historical cumulative net inflow has reached $58.72 billion.

According to the Wall Street Journal, citing informed sources, Anthropic plans to jointly invest $1.5 billion with several Wall Street institutions to establish a joint venture, with Anthropic, Blackstone Group, and Hellman & Friedman each contributing $300 million, and Goldman Sachs contributing $150 million.The company will help private equity firms and their portfolio companies integrate and adopt AI tools to enhance operational efficiency. Informed sources said the announcement is expected to be made as early as Monday.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $3.978 billion, with long positions of $1.996 billion, accounting for 50.16% of the holdings, and short positions of $1.983 billion, accounting for 49.84%. The profit and loss for long positions is $31.4934 million, while the profit and loss for short positions is -$61.2964 million.Among them, the whale address 0xa5b0..41 has taken a 15x leveraged long position on ETH at a price of $2265.48, currently showing an unrealized profit and loss of $3.5045 million.

According to CoinDesk, Amy Oldenburg, the head of digital asset strategy at Morgan Stanley, stated at the Bitcoin conference in Las Vegas that U.S. banks may hold Bitcoin on their balance sheets in the future, but the timeline remains uncertain due to guidance from the Federal Reserve, Basel agreements, and global regulatory requirements.Meanwhile, Morgan Stanley's recently launched first bank-issued Bitcoin ETP product, MSBT, attracted over $100 million in inflows within the first six days of its launch, all from self-directed investment channels and has not yet been opened to financial advisors.Oldenburg pointed out that the slow adoption on the advisory side is mainly due to an education gap. The bank has initiated internal training programs to address this and is applying for an OCC digital trust license to support direct custody of crypto assets and spot crypto trading services.

According to Sonic Labs' official Twitter news, Sonic Labs has allocated $1 million for the repurchase of $S tokens on the Binance platform. These tokens will be deployed in batches for user guidance activities in collaboration with Binance.

According to Onchain Lens monitoring, after 2 years of dormancy, a giant whale deposited 141.26 BTC worth $11.16 million into Kraken.

According to Coinglass data, the current 8-hour average funding rate for ETH across the network is 0%. Among the current mainstream exchanges, the rate on Binance is 0.0044%, OKX is 0.0043%, Bybit is -0.0007%, and Gate is -0.0087%.

According to Coinglass data, the current 8-hour average funding rate for BTC across the network is -0.0019%. Among the current mainstream exchanges, the rate on Binance is 0.0043%, OKX is 0.0013%, Bybit is 0.0069%, and Gate is -0.0023%.

According to Coinglass data, the current 8-hour average funding rate for ETH across the network is 0.0022%. Among the current mainstream exchanges, the rate on Binance is 0.0088%, OKX is 0.0035%, Bybit is 0.0005%, and Gate is -0.0085%.

According to Coinglass data, the current 8-hour average funding rate for BTC across the network is -0.0018%. Among the current mainstream exchanges, the rate on Binance is 0.0007%, OKX is 0.0025%, Bybit is 0.0062%, and Gate is -0.0042%.

According to Forbes, a U.S. court sentenced Robert Dunlap, the operator of the cryptocurrency scam Meta-1 Coin, to 23 years in prison. He was accused of defrauding approximately 1,000 investors through a fraudulent cryptocurrency investment project from 2018 to 2023, with the amount involved exceeding $20 million.According to the U.S. Department of Justice, Dunlap claimed that the "Meta-1 Coin" he issued was backed by $44 billion in gold reserves and $1 billion worth of artworks by Picasso, Dali, Van Gogh, etc., and promised a maximum return rate of 224,923%, while providing investors with forged audit documents and insurance materials.Investigations revealed that the so-called gold and art assets did not exist, and the "Meta Exchange" website he built used automated trading bots to create the illusion of profits. The related tokens were never actually issued on-chain. Investor funds were subsequently used to purchase luxury items, including Ferraris.It is worth noting that the U.S. Securities and Exchange Commission had already filed a civil fraud lawsuit against Dunlap in 2020, but he continued to operate the project until he was criminally charged in 2024. The FBI stated that the case "destroyed the wealth and trust accumulated by many victims over the years."

According to Coinglass data, the current holdings of whales on the Hyperliquid platform amount to $3.914 billion, with long positions of $1.977 billion, accounting for 50.51% of the holdings, and short positions of $1.937 billion, accounting for 49.49%. The profit and loss for long positions is $11.0501 million, while the profit and loss for short positions is -$38.788 million.Among them, the whale address 0xa5b0..41 has taken a 15x leveraged long position on ETH at a price of $2265.48, currently showing an unrealized profit and loss of $2.3764 million.