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According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $3.403 billion, with long positions of $1.735 billion, accounting for 50.97% of the holdings, and short positions of $1.669 billion, accounting for 49.03%. The profit and loss for long positions is -$19.8568 million, and for short positions is -$4.6888 million.Among them, the whale address 0x0ddf..02 has shorted BTC with 3 times leverage at a price of $67,992.1, currently realizing an unrealized profit and loss of -$7.8909 million.

Nik Storonsky, CEO of Europe's largest fintech company Revolut, recently stated in an interview with David Rubenstein that the company's IPO plan will take at least another two years, with the earliest listing expected in 2028. Before going public, the company will continue to provide liquidity to employees and early investors through secondary equity sales. It is reported that a new round of secondary transactions may start in 2026, with the company's latest valuation reaching $75 billion.Meanwhile, Revolut is actively expanding into the U.S. market and has completed its second application for a U.S. banking license. If approved, it will be able to directly access the Federal Reserve payment system and offer loans and credit card services to U.S. users.

According to The Block, Thom Tillis, a key negotiator for the U.S. Senate Banking Committee and a Republican senator from North Carolina, stated that the committee is unlikely to schedule a hearing to revise and vote on the cryptocurrency market structure bill within April.The main disagreement in the current legislation centers on how to handle rewards for stablecoins. The existing draft proposes to prohibit rewards for idle stablecoin accounts but allows earnings from trading activities; banking representatives are concerned that such earnings will attract deposits away from traditional banks, while cryptocurrency companies argue that limiting rewards will hinder innovation. Tillis suggested that the committee postpone the review until May.Previously, Senator Bernie Moreno warned that if the bill fails to pass before May, "digital asset legislation will not advance in the foreseeable future."

According to market news, the probability of Polymarket "the Strait of Hormuz returning to normal before May 31" has risen to 68%, up 9% in 24 hours. The event contract rules are as follows: if the International Monetary Fund Portwatch (IMF Portwatch) publishes the number of vessels arriving at the port in the Strait of Hormuz with a 7-day moving average ("vessels arriving") equal to or greater than 60 on any date during the period from market creation to May 31, 2026, then the market will be determined as "yes"; otherwise, it will be determined as "no".The daily number of vessels arriving at the port includes container ships, bulk carriers, roll-on/roll-off ships, general cargo ships, and tankers. Vessels not reported by the IMF Portwatch will not be considered. It is reported that U.S. Vice President Pence will travel to Pakistan for talks with Iran on Tuesday. U.S. President Trump stated in a recent phone interview that Iran "will negotiate" and expressed confidence in the potential talks to be held in Pakistan.Trump stated that they will negotiate, and if not, they will face unprecedented problems. He also expressed hope that both sides can reach a "fair agreement" and emphasized that Iran will not have nuclear weapons. He further justified military action against Iran by stating there was no choice and claimed that they would ultimately complete the finishing work.

Curve founder Michael Egorov stated that the recent large number of avoidable security incidents in DeFi stem from centralized single points of failure, which are harming the entire industry. He cited the Aave and rsETH incidents as examples, indicating that related issues should be prevented before accidents occur, rather than remedied afterward.He called for the industry to collaboratively establish DeFi security standards to reduce single points of failure and to share best practices among project teams, auditing agencies, and risk assessment teams; he also suggested that the Ethereum Foundation and Solana Foundation could coordinate ecological participants to develop security principles and rules.

Kelp DAO officially stated in a post on X regarding the theft incident that the cause of the theft was the compromise of two RPC nodes hosted by LayerZero, while a third RPC node suffered a DDoS attack. This was an attack targeting LayerZero's infrastructure, and Kelp's own system was not involved in the construction or operation of that infrastructure.The 1/1 DVN configuration is the scheme recorded in LayerZero's documentation and is the default setting for all new OFT deployments. Kelp has been operating on LayerZero's infrastructure since January 2024 and has maintained open communication with the LayerZero team. During Kelp's expansion to Layer2, the DVN configuration issue was discussed, and at that time, the default configuration was explicitly confirmed to be appropriate. Kelp's current top priority is to safeguard user interests and prevent risks from spreading within the DeFi ecosystem. The team is collaborating with various parties within the ecosystem to analyze the impact, seek support, and explore all possible mitigation solutions.

According to on-chain analyst Yu Jin (@EmberCN), a whale address transferred 32,415 AAVE (approximately 3.01 million USD) to Binance, which it had held for over a year. The address initially withdrew the tokens from Binance at an average price of 150 USD and sold them today at a price of 93 USD, incurring a loss of about 1.85 million USD, a decline of 38%.

According to Slow Fog CISO @im23pads's post on the X platform, Claude Desktop has been reported to secretly write a backdoor file into browsers. When users install the Claude Desktop application, it writes a special file to all Chromium-based browsers on the computer without the user's knowledge.This file acts as a pre-authorized backdoor, which, when used in conjunction with specific browser extensions, can gain complete control over the user's browser.

The Malaysian digital asset trading platform Hata has completed an $8 million Series A financing round, led by Bybit, with participation from several global family offices. Hata holds dual licenses from the Malaysian Securities Commission and the Labuan Financial Services Authority, allowing it to provide digital asset trading and custody services locally. The funds from the financing will be used to enhance liquidity, expand the user base, and develop more products.

According to DL News, Argentine police arrested a Chinese national (abbreviated as DZ) at Buenos Aires Ezeiza International Airport. The suspect arrived from Paris holding a forged Paraguayan passport and has been listed as a wanted suspect by Interpol.A Nigerian court has accused him of orchestrating a cryptocurrency scam locally, attracting investors with the promise of "high returns," but victims were later unable to withdraw funds or access the platform, with the amount involved approximately $49.4 million. Argentine authorities stated they would cooperate with Nigeria to initiate extradition procedures.

According to Coinglass data, the current 8-hour average funding rate for BTC across the network is -0.0072%. Among the current mainstream exchanges, the rate on Binance is -0.0079%, OKX is -0.0041%, Bybit is -0.0086%, and Gate is -0.0114%.

U.S. Senator Thom Tillis is urging the Senate Banking Committee to postpone the consideration of the cryptocurrency market structure bill until May, in order to allow more time for finalizing a compromise on stablecoin regulation between banks and the cryptocurrency industry.This move aims to provide additional negotiation space around key disagreements regarding stablecoins and to promote the formation of a more viable regulatory framework.

According to Jinshi reports, European Central Bank President Lagarde stated that if extensive fiscal support is implemented, it will force the European Central Bank to further raise key interest rates.

According to Coinglass data, the current 8-hour average funding rate for ETH across the network is 0.0005%. Among the current mainstream exchanges, the rate on Binance is 0.0008%, OKX is 0.0036%, Bybit is 0.0024%, and Gate is -0.0022%.

According to Coinglass data, the current 8-hour average funding rate for BTC across the network is -0.0022%. Among the current mainstream exchanges, the rate on Binance is -0.0027%, OKX is -0.0041%, Bybit is 0%, and Gate is -0.0049%.

According to Bloomberg, the SEC and CFTC jointly proposed to reduce the reporting requirements for hedge funds, intending to eliminate the reporting obligations for smaller advisors and raise the Form PF reporting threshold for private fund managers' assets from $150 million to $1 billion.The two agencies stated that the data collected from Form PF will be used confidentially for inspections and investigations of private fund advisors.

According to DL News, the major Russian cryptocurrency exchange Grinex has ceased operations due to a suspected major cyber attack, reportedly resulting in losses exceeding 1 billion rubles (approximately 13 million USD). The platform claimed on Telegram that the attack showed "signs of involvement from foreign intelligence agencies."Grinex is the successor to the previously sanctioned and closed Garantex exchange, providing a financial channel for the Russian economy to evade sanctions. Experts point out that Grinex's closure is not only due to the hacker attack itself but, more importantly, it removes the trading platform that Russian businesses relied on to convert rubles into usable international currencies, causing "serious damage" to the infrastructure that allows Russia to evade sanctions, making it more difficult for the Russian economy to escape the pressure of sanctions.The exchange was sanctioned by Western authorities such as the U.S., U.K., and the European Union in August 2025. Meanwhile, the Russian economy continues to weaken, with Putin revealing that GDP fell by 1.8% in January-February this year, and maritime oil exports may drop to their lowest level since 2023.

According to Crypto In America, the U.S. CLARITY Act has entered a critical negotiation period this week, and whether it will receive the long-awaited committee review in April or be postponed until May will depend on recent progress. The Senate Banking Committee will focus on the confirmation hearing of Federal Reserve Chair nominee Kevin Walsh at the beginning of the week. After that, the committee must decide by Friday whether to notify the review of the bill in order to hold a vote in the week of April 27.The banking group represented by the North Carolina Bankers Association is lobbying against the stablecoin yield restriction provisions in the bill, urging members to call Senator Thom Tillis's office to request amendments. It is reported that industry groups are also reaching out to other committee members.After more than two months of negotiations, crypto companies and banks reached a compromise at the end of last month, which the crypto industry is generally satisfied with. However, after the White House Council of Economic Advisers report downplayed the risks of stablecoin yields to the banking system, calls for amendments from the banking side have intensified.Patrick Witt, Executive Director of the White House Crypto Council, criticized banks on the X platform for "further lobbying out of greed or ignorance." Senator Tillis proposed holding an in-person "crypto carnival" meeting, but this may extend the timeline. He emphasized that there are still issues to negotiate but expressed optimism about scheduling the review in the coming weeks.In addition to yield issues, the bill also needs to address ethical and DeFi-related provisions. This week's progress will determine the fate of the bill, and the market is highly attentive.