ChainCatcher news, according to Coinglass data, the total liquidation amount of SIGN in the past 4 hours reached 5.27 million USD, surpassing Bitcoin's 3.11 million USD, ranking first in the entire network, among which the liquidation of SIGN long positions was 1.69 million USD, and the liquidation of SIGN short positions was 3.58 million USD.

ChainCatcher news, according to Cointelegraph, the founders of the crypto fintech company Bankera have been accused of using funds raised from the 2018 Initial Coin Offering (ICO) to purchase luxury properties worldwide.According to leaked company records and bank statements, founders Vytautas Karalevičius, Justas Dobiliauskas, and Mantas Mockevičius transferred nearly half of the ICO funds (approximately $114 million) into a bank they purchased in Vanuatu. The bank subsequently issued loans to companies owned by the three for the acquisition of luxury properties in the French Riviera and Lithuania.Bankera had promised to become "the bank of the blockchain era" and obtain an EU banking license, but this has not yet been realized. Its originally planned profit-sharing program was suspended in 2022. The founders' lawyer denied any fraudulent activity in the ICO but declined to comment on specific transactions.

ChainCatcher news, Nick Timiraos, a reporter for the Wall Street Journal known as the "Fed's megaphone," stated that Trump called Federal Reserve Chairman Powell the "biggest loser," but the bigger loser in his feud with the Fed may be the person Trump chooses to replace Jay Powell next year. By attacking the Fed to influence policy, Trump may create a "cloud of doubt" over his nominee.Lawrence Summers, who served as Treasury Secretary under the Clinton administration from 1999 to 2001, stated, "It is foolish for presidents to publicly attack the Fed. The Fed will either not listen, or if it does listen, it will feel pressured to prove its independence, which means short-term interest rates will remain unchanged or even higher."

ChainCatcher news, according to The Block, the U.S. District Court for the Southern District of New York recently sentenced Long Island resident Eugene William Austin Jr. (also known as Hugh Austin) to 18 years in prison for charges including conspiracy to commit wire fraud, money laundering, and interstate transportation of stolen property.The court found that Austin conspired with his son Brandon Austin to falsely promise victims large cryptocurrency transactions, short-term high-return investments, and services to introduce high-net-worth investors to startups, while actually defrauding them to fund personal luxury expenses.Brandon Austin pleaded guilty in 2023 and was sentenced to 4 years in prison. The two caused over 20 victims to suffer cumulative losses exceeding $10 million. Eugene Austin's sentencing date is set for February 20, 2025, and he faces a maximum of 45 years in prison.

ChainCatcher news, according to The Block, the U.S. District Court for the Southern District of New York recently sentenced Long Island resident Eugene William Austin Jr. (also known as Hugh Austin) to 18 years in prison for charges including conspiracy to commit wire fraud, money laundering, and interstate transportation of stolen property.The court found that Austin conspired with his son Brandon Austin to falsely promise victims large cryptocurrency transactions, short-term high-return investments, and services to introduce high-net-worth investors to startups, while actually defrauding them to fund personal luxury expenses.Brandon Austin pleaded guilty in 2023 and was sentenced to 4 years in prison. The two caused over 20 victims to suffer cumulative losses exceeding $10 million. Eugene Austin's sentencing date is set for February 20, 2025, where he faces a maximum of 45 years in prison.

ChainCatcher news, according to Cointelegraph, Coinbase's Head of Institutional Strategy John D'Agostino revealed that in April 2025, institutional investors such as sovereign wealth funds are actively increasing their holdings of BTC, while retail investors are exiting through ETFs and the spot market.D'Agostino compared Bitcoin to gold, emphasizing its scarcity, immutability, and the portability of non-sovereign assets, believing that institutional buyers view it as a hedge against currency inflation and macroeconomic uncertainty.

ChainCatcher message, according to on-chain analyst @ai_9684xtpa monitoring, "since April 13, the ETH swing profit of 1.411 million dollars giant whale" has shorted ETH again by borrowing coins. In the past half hour, this address borrowed 4000 ETH from Aave and sold it in batches at an average price of 1717 dollars, worth 6.867 million dollars.

ChainCatcher news, according to on-chain analysis platform IntoTheBlock (@intotheblock), the amount of USDe borrowed through Euler Finance has reached 16.1018 million USD, setting a new historical high.

ChainCatcher news, according to Jinshi reports, Federal Reserve official Goolsbee stated that economists unanimously believe it is crucial for monetary policy to be free from political interference.

ChainCatcher news, Yichun Gao'an police successfully dismantled a fraud gang that used "friendship investment" as a pretext to launder money through virtual currency. It was found that the suspect Yao used "bank transfers are easily restricted" as a reason to lure victims into investing by withdrawing cash and then exchanging it for virtual currency offline. The gang collected the fraudulent proceeds through offline exchanges of virtual currency and then transferred the scam funds to their superiors to illegally obtain rewards, with the amount involved exceeding 4 million yuan.

ChainCatcher news, the LSD stablecoin protocol Lybra Finance tweeted that to address the liquidity issue of eUSD, it has destroyed 63,000 peUSD by configuring contracts and unlocked the corresponding amount of eUSD. The unlocked eUSD is now being sold on CowSwap at a fixed price of $1.The price difference generated from the sale will be used to support withdrawals for V1 recharge users. During this period, users can check and claim the remaining eUSD rewards in V1 and V2.

ChainCatcher news, according to CryptoSlate, the Nigerian digital asset trading platform CBEX has been exposed as a Ponzi scheme, causing significant financial losses for many investors. Although local media initially reported losses as high as 1.3 trillion naira (approximately 800 million USD), analysis indicates that the address is actually a Binance hot wallet, and the real loss amount may be closer to 12 million USD.CBEX claims to be the "China Beijing Equity Exchange," but it has no connection to the officially named institution in China. The platform, under the guise of AI quantitative strategies, promises to double returns in 30 days, attracting a large number of investors and requiring them to recruit others for commissions, essentially operating as a typical Ponzi structure. The project was even promoted in Nigerian national media as a "poverty alleviation program," further misleading users.By April 2025, CBEX suddenly froze accounts, preventing users from withdrawing funds, which sparked public outrage. Some investors besieged its offices in Ibadan and Lagos, and many victims shared their loss experiences on social media.Independent analyst Specter pointed out that CBEX is linked to other similar scams, LWEX and PCEX, suspected of sharing website architecture and funding flow patterns. The related wallets are also connected to the Southeast Asian payment system Huione Pay, which has been listed by Elliptic as one of the main hubs for money laundering and telecom fraud, involving over 24 billion USD in suspicious transactions.

ChainCatcher news, GoPlus announced on platform X that it has completed the fifth batch of GPS token buybacks, with the total buyback amount reaching approximately 175,606,520 tokens to date.GoPlus added that the buyback process is still ongoing, and once the buyback is fully completed, all repurchased tokens will be destroyed together.

ChainCatcher news, according to CoinShares' latest weekly report data, as of the week ending April 12, 2025, net outflows from digital asset investment products reached $795 million, marking three consecutive weeks of capital outflow, bringing the total outflow since early February to $7.2 billion, nearly erasing the year's net inflow. Bitcoin led the outflows at $751 million, but it still maintains a net inflow of $545 million year-to-date. Ethereum saw an outflow of $37.6 million. XRP recorded an inflow of $3.5 million against the trend, while Ondo, Algorand, and Avalanche recorded slight net inflows. Prices rebounded after Trump temporarily withdrew tariffs, with total assets under management rising to $130 billion.

ChainCatcher news, according to Dahe Opinion reports, the People's Court of the Economic Development Zone in Heze City, Shandong Province, has heard a telecom network fraud case involving Indian nationals as victims, related to virtual currency "Killing Foreigners" scams. It is reported that the criminals used high returns as bait to attract Indians to invest money, and then purchased 'USDT' virtual currency through a third-party payment platform with the invested funds, converting the virtual currency into RMB or USD and extracting a 15% profit.The court found that from June 1, 2023, to January 13, 2024, within just over 7 months, 66,800 Indians were defrauded, with a total fraud amount reaching 517 million Indian Rupees (approximately over 40 million RMB). Nine fraudsters were sentenced to fixed-term imprisonment ranging from five years to fourteen years and nine months, along with fines.

ChainCatcher news, according to News.bitcoin, the U.S. Department of Justice (DOJ) announced on April 9 that a Nigerian man has been charged in Massachusetts with orchestrating a complex romance scam that defrauded victims of over $2.5 million, funneling the funds into cryptocurrency accounts he secretly managed.According to prosecutors, the man created false online identities from 2016 to 2019, establishing fake romantic relationships with victims across the United States. He currently faces a maximum sentence of 40 years in prison.

ChainCatcher message, the PancakeSwap team responded to the community regarding the CAKE 3.0 tokenomics proposal.Regarding the 4% annual deflation target, the 4% is based on data from the past two years. Deflation is not limited to 4% per year; the actual amount of destruction will be linked to trading volume, and if the protocol performs well, a higher deflation rate may be achieved. For the mCAKE and sdCAKE exchange issue, the team confirmed that a 1:1 exchange ratio will be maintained, and users need to operate through the original delegation platform.On the topic of holding incentives, the team pointed out that they will adjust the fee distribution, shifting part of the liquidity provider fees towards a buy-and-burn mechanism, which is expected to improve the destruction efficiency to 15%. They also emphasized that CAKE will still play a core role in governance, IF0, and other scenarios. In response to concerns about the efficiency of veCAKE emissions, the team believes that the current proposal can more effectively address core issues and avoid long-term drawbacks caused by short-term fixes.Regarding the issue of governance decentralization, the team stated that they will shift to a direct voting model based on CAKE holdings and consider introducing a delegation feature in the future. For geographical restrictions, the team explained that IF0 will remain open, while TGE has limitations due to compliance requirements from partners.Finally, the team committed to providing real-time destruction data dashboards to maintain transparency in emission decisions and ensure the smooth operation of the veCAKE system during the transition period. During the transition, the veCAKE system will continue to operate until the proposal voting is completed, ensuring a smooth transition.

ChainCatcher news, Nick Timiraos, a reporter for the Wall Street Journal known as the "Fed's mouthpiece," stated that Federal Reserve Chairman Jerome Powell is facing an increasingly difficult task.Economists, business owners, and investors generally believe that the uncertainty brought about by the sudden large-scale tariff increases introduced by Trump—many of which will take effect on Wednesday—will push the economy closer to recession by weakening employment and consumption. This may necessitate interest rate cuts to alleviate economic downward pressure.Meanwhile, the magnitude of the tariff increases could lead to significant price hikes for many imported goods, including raw materials used by domestic manufacturers. This may cause Federal Reserve officials to be concerned about inflation and support maintaining current interest rate levels, despite the growing risks to the economy and labor market."They are in a bind," said former Fed governor Laurence Meyer.The U.S. Congress has tasked the Federal Reserve with maintaining low and stable inflation and a healthy labor market. No U.S. president's policies have posed such a profound potential conflict for these two tasks of the Fed in over forty years.