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According to crypto analyst Darkfost, the 30-day moving average of the Bitcoin short-term holder (STH) SOPR has turned positive for the first time in the past six months, indicating that STHs are on average at breakeven or slightly profitable.Historical data shows that this situation often acts as a resistance level during bear markets, as holders may flee due to a lack of confidence.

Nic Carter, a partner at Castle Island Ventures, published a lengthy article on the X platform pointing out that the quantum computing "canary warning" mechanism cannot provide sufficient buffer time for BTC. Classical computers can currently crack approximately 117 to 130 bits of the Elliptic Curve Discrete Logarithm Problem (ECDLP), and results below this threshold are often questioned for "classical cheating" or pre-set answers, thus failing to form an effective signal.Nic Carter believes that once quantum computers truly break this classical limit, the time left for a direct attack on the 256-bit secp256k1 curve used by Bitcoin may only be a matter of months, while the migration to post-quantum (PQ) signatures after Bitcoin's completion could take years. Whether setting up quantum cracking bounty addresses or relying on Satoshi's early dormant addresses as on-chain warnings cannot guarantee sufficient early detection of risks. Therefore, the truly feasible approach is not to wait for clear warnings but to immediately begin preparations for post-quantum migration. Previously, BitMEX Research proposed a quantum freeze alternative: the "canary address" trigger mechanism.

Cryptocurrency mining company Riot Platforms deposited 500 BTC ($38.24 million) to NYDIG 5 hours ago. In early April, Riot Platforms deposited a total of 1,500 BTC to NYDIG, worth approximately $102.3 million.

According to Coinglass data, the current holdings of whales on the Hyperliquid platform amount to $3.642 billion, with long positions of $1.838 billion, accounting for 50.48% of the total holdings, and short positions of $1.803 billion, accounting for 49.52%. The profit and loss for long positions is -$29.9029 million, while for short positions it is $2.0261 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 $52,400.

North Korean hackers had months of offline contact and infiltration with employees of Drift Protocol before launching one of the largest social engineering attacks in the history of the cryptocurrency industry, resulting in a loss of approximately $285 million.Data from blockchain security company TRM Labs shows that North Korean hackers have accounted for 76% of all cryptocurrency hacking losses in 2026 to date.

According to official news, the Solana ecosystem DeFi protocol Carrot has announced that it will soon shut down. Carrot stated that the Drift exploit incident has had a catastrophic impact on its ongoing operations. Carrot has set May 14 as the deadline for withdrawing remaining funds from Boost, Turbo, and CRT, after which the system will begin deleveraging, reducing all leverage to zero and releasing all liquidity for CRT redemption. Carrot stated that any recovery funds from Drift will still be distributed as previously promised, but there is currently no specific timeline.

According to the latest data from Coinglass, the Bitcoin return rate reached 11.87%, setting a new high for the past 12 months, but lower than the historical average return rate of 12.98% for Bitcoin in April, and higher than the historical median return rate of 9.57% for Bitcoin in April.In addition, the Ethereum return rate in April reached 7.3%, far below the historical average return rate of 18.82% for Ethereum in April, but equal to the historical median return rate of 7.3% for Ethereum in April.

According to Coinglass data, the current 8-hour average funding rate for ETH across the network is 0%. Among the mainstream exchanges, the rate on Binance is -0.004%, OKX is -0.0032%, Bybit is 0.0031%, and Gate is -0.001%.

According to Coinglass data, the current 8-hour average funding rate for BTC across the network is -0.0032%. Among the current mainstream exchanges, the rate on Binance is -0.0037%, OKX is -0.0026%, Bybit is -0.0052%, and Gate is -0.0076%.

Arbitrum DAO has initiated a governance vote to release 30,766 ETH that was previously frozen, to support the aftermath plan of Kelp DAO following the attack, DeFi United.This portion of assets was frozen by the Arbitrum Security Council on April 20, valued at approximately $71.1 million, originally funds transferred by the attacker to the Arbitrum network. If the proposal passes, this will become the largest financial support in the DeFi United plan. At the beginning of the vote, 16.9 million ARB have supported the proposal, and there are currently no opposing votes. The voting will continue until May 7.

According to Coinglass data, the current 8-hour average funding rate for BTC across the network is -0.0029%. Among the current mainstream exchanges, the rate on Binance is -0.0029%, OKX is -0.006%, Bybit is -0.0046%, and Gate is -0.0054%.

The Solana-based yield trading platform Exponent Finance announced the completion of a $5 million seed round financing, led by Multicoin Capital, with participation from Solana Ventures, RockawayX, L1D, Prelude, and Theia Blockchain, as well as several key figures from the Solana ecosystem as angel investors.It is reported that this round of financing started in May last year and was completed in August, bringing Exponent's total financing to $7.1 million. Exponent stated that the funds will be used to expand its yield trading platform and upgrade to a more complete on-chain yield infrastructure, covering the active yield management needs of the Solana ecosystem.

According to The Block, Gemini's Olympus division has officially obtained a Derivatives Clearing Organization (DCO) license issued by the Commodity Futures Trading Commission (CFTC), allowing it to act as an internal clearinghouse for settlement, risk management, and collateral management without relying on third-party clearing, which is expected to reduce operational costs.Combined with the previously obtained Designated Contract Market (DCM) license, Gemini is now capable of conducting full-stack compliant operations in the fields of futures, options, perpetual contracts, and prediction markets. Currently, Gemini is further applying for a Futures Commission Merchant (FCM) license to complete its full suite of CFTC qualifications and compete directly with Kraken and Coinbase.

According to Coinglass data, the current holdings of whales on the Hyperliquid platform amount to $3.644 billion, with long positions of $1.839 billion, accounting for 50.46% of the holdings, and short positions of $1.805 billion, accounting for 49.54%. The profit and loss for long positions is -$45.8218 million, while for short positions it is $16.2327 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 -$39.6 thousand.

The South Korean prosecution has formally requested the court to sentence the former CEO of the cryptocurrency platform Delio, Jeong Sang-ho, to 20 years in prison, accusing him of committing large-scale economic fraud. In the closing statement at the Southern District Court of Seoul, the prosecution cited the local economic crime aggravated punishment law, directly pointing out that the suspect had long deliberately deceived and falsely advertised, causing approximately 2,800 investors' funds to be trapped and difficult to redeem.The prosecution pointed out that the defendant had a clear subjective intent to defraud, the losses involved were enormous, and he subsequently refused to cooperate with the investigation and deliberately shirked responsibility, continuously exacerbating the losses and difficulties faced by the victims. Therefore, they are seeking a strict sentence according to the law.

According to Fortune magazine, the publicly traded cryptocurrency company AI Financial (formerly Alt5 Sigma), linked to U.S. President Donald Trump's family, reached a $43 million deal last week to acquire the cryptocurrency infrastructure company Block Street.Company records show that Block Street was registered in Nevada only in late October. Matthew Morgan, an advisor to AI Financial and also the CEO and largest shareholder of Block Street, stated that he founded the company about 16 months ago. Morgan indicated that the acquisition of Block Street was not a self-dealing transaction.

According to Jinshi reports, the annualized quarterly PCE price index for the first quarter in the United States is 4.5%, higher than the market expectation of 3.8% and the previous value of 2.9%.

The Hyperliquid Policy Center (HPC) announced that it has formally submitted a comment letter regarding the U.S. Commodity Futures Trading Commission (CFTC) Advance Notice of Proposed Rulemaking (ANPRM) on prediction markets, advocating for the establishment of a clear compliance path for decentralized prediction markets based on public, permissionless blockchains while improving the regulatory framework for centralized prediction markets.In the comment letter, HPC calls on the CFTC to develop more flexible, function-oriented rules to accommodate decentralized market structures; to establish clear legal channels for U.S. market participants to access decentralized prediction markets; and to promote the U.S. leading position in decentralized financial innovation. HPC stated that prediction markets are a natural extension of the federal derivatives framework, helping participants directly manage their economic risk exposure to real-world events and aggregating dispersed information through continuously updated market prices, whose price discovery capabilities have been widely validated, even outperforming traditional polls and expert forecasts.It pointed out that decentralized prediction markets based on public blockchains have advantages such as transparency, non-custodial nature, and high resilience, not relying on centralized operators to hold user funds, and there is no single point of failure risk; all transactions are recorded in real-time on a public ledger, facilitating regulation and market oversight, while market access standards are more transparent and uniform.HPC emphasized that current rulemaking should not solidify reliance on a single exchange operator, custodial intermediaries, and traditional settlement monitoring mechanisms, as this would hinder U.S. users' legitimate participation in decentralized prediction markets. It stated that it will continue to promote compliance access for U.S. market participants to Hyperliquid and HIP-4 outcome markets and will maintain communication with the CFTC.

Special Purpose Acquisition Company Forefront Tech announced the completion of its initial public offering (IPO) pricing, with a total size of $100 million, and will be listed on Nasdaq under the ticker symbol "FTHAU." It is reported that the funds raised will be used to explore merger and acquisition opportunities in the fields of blockchain, fintech, artificial intelligence, and other emerging technologies.

According to CryptoRank, Gate is accelerating its efforts in the multi-asset track and forming differentiated advantages through a native construction path. Data shows that Gate has launched over 430 types of TradFi CFD assets, covering multiple categories such as stocks, foreign exchange, indices, metals, and commodities, and is continuously expanding at a rate of 10 to 20 new assets daily, with peak single-day trading volume exceeding $25 billion.In terms of product structure, Gate has simultaneously connected five core forms, including TradFi CFD, traditional asset perpetual contracts, tokenized stocks, RWA yield products, and Pre-IPO, all operating under the same account system. Through a collateral and settlement mechanism centered on USDT, the platform has achieved efficient connectivity between crypto assets and traditional assets, significantly enhancing cross-market capital utilization efficiency and trading flexibility.Moreover, in terms of transparency and infrastructure, Gate continues to strengthen the foundation of market trust. The platform's latest reserve coverage exceeds 122%, and it enhances asset transparency through verifiable mechanisms. As the industry accelerates towards multi-asset and institutional evolution, Gate further consolidates its leading position in the new competitive landscape through product depth, asset breadth, and infrastructure synergy capabilities.