on-chain

According to Cointelegraph, Nominis analysis indicates that some of the "Iran-related" crypto wallets recently seized and frozen by the U.S. OFAC may not exhibit on-chain behavior characteristics consistent with the past operational patterns of the Islamic Revolutionary Guard Corps (IRGC), suggesting the involvement of other state-level actors.Previously, the U.S. Treasury stated that over $340 million, totaling nearly $500 million in Iran-related crypto assets, had been frozen in the "Operation Economic Fury." Nominis CEO Snir Levi noted that historically, IRGC-related wallets typically spread funds across multiple addresses, maintain low balances in single wallets, avoid long-term holdings, and employ complex operations to reduce the risk of being frozen; however, the wallets that were seized this time show significant differences in their funding structure and behavior patterns.He believes this raises a critical question: how much of the frozen $340 million in assets is directly controlled by the IRGC, and how much involves broader infrastructures that may even overlap with financial networks of other countries.Levi also pointed out that organizations, including the IRGC and potential state-level actors from China, are continuously upgrading their use of blockchain infrastructure, and traditional static risk control labels are no longer sufficient; behavioral analysis and address clustering are becoming increasingly critical.

On the X platform, "on-chain detective" ZachXBT pointed out that certain law firms in the United States are using their investigative work and on-chain forensic results to help victims of hacking incidents file legal claims, but this practice may actually affect the victims' ability to receive compensation or recover funds.In previous hacking incidents involving the Lazarus Group, these law firms typically intervene only after their on-chain fund tracking or freezing is completed, and propose follow-up legal actions that are weakly related to the crypto incidents themselves. They have also employed similar strategies for "free-riding claims" in incidents involving Harmony, Bybit, and others. ZachXBT also called for the crypto community to establish a DAO to resist such behavior.

At the Ethereum University Tour - Shanghai Station Fudan University special event, SYNBO was invited to give a keynote speech, systematically breaking down the evolution logic of the public chain ecological investment and financing market.Currently, the primary market in the industry heavily relies on offline intermediary models, facing four major disconnection issues in terms of access, trust, capital release, and profit distribution.In response to the existing pain points in the industry, SYNBO is committed to transforming capital operations into on-chain verifiable rules, relying on delivery-oriented capital release, dynamic pricing and financing share trading, continuous asset generation mechanisms, and community co-construction models to build a native on-chain investment and financing protocol system.The SYNBO model will break down traditional VC industry barriers, lower the financing threshold for innovation and entrepreneurship, and promote the industry's development from "asset on-chain" to "on-chain capital efficiency upgrade," creating sustainable endogenous growth momentum for the entire public chain ecosystem.

Polymarket announced the launch of a comprehensive on-chain market integrity monitoring system solution to monitor trading behavior and enforce platform market compliance rules. This system will be built in collaboration with blockchain data analytics company Chainalysis, covering all DeFi trading processes on Polymarket, including real-time on-chain analysis of trading, holdings, and settlement data. It will identify potential violations through a multi-layer monitoring mechanism, focusing on insider trading and market manipulation.Polymarket stated that all its transactions are completed on a public blockchain. This collaboration will further amplify the advantages of on-chain transparency, allowing regulatory agencies and law enforcement to obtain verifiable on-chain evidence, thereby establishing a new compliance standard in the predictive market field. Polymarket founder and CEO Shayne Coplan stated that the platform has emphasized transparency and traceability since its inception, and this collaboration will further strengthen its positioning as a "trusted source of market information."

According to official news, legend.trade announced the completion of a $3.5 million seed round financing, led by Electric Capital, with participation from Amber Group and GSR Markets LTD. Its total financing amount has exceeded $5 million.According to RootData, legend.trade is a trading and competition platform based on Telegram, aimed at providing users with a seamless, fair, and efficient trading and competitive experience.

According to monitoring by Hyperinsight, in the past hour, Brent crude oil futures surged during the pre-market session of U.S. stocks, reaching a high of 108 dollars. The BRENTOIL platform on Hyperliquid saw a 24-hour increase of 3%, with prices having basically recovered to the levels before the significant drop at the beginning of the month, recovering nearly a month's worth of losses recently.A certain BRENTOIL short whale faced forced liquidation multiple times during this round of increases, with a total liquidation scale reaching 2.75 million dollars, recording a loss of about 250,000 dollars. This short position was opened on April 24.

According to monitoring by Hyperinsight, in the past hour, after BTC rebounded above $77,000, two whales on the Hyperliquid platform simultaneously opened 40x leveraged BTC short positions near this price level, with a total size of approximately $9 million and an average price of about $77,100.The liquidation lines for both addresses are set near $77,900, less than 1% away from the opening average price.

In response to external doubts about its data being "leaked," Polymarket issued a statement clarifying that the relevant data has never been leaked, and all data can be publicly accessed through its public endpoints and on-chain data, which is an inherent feature of on-chain data transparency, not a security vulnerability.Polymarket stated that one of the core advantages of on-chain data is that it is fully publicly auditable, and anyone can freely access the relevant data through its API without having to pay for it.According to previous news from ChainCatcher, the prediction market platform Polymarket is suspected of experiencing a data leak, with over 300,000 records and an exploit toolkit leaked.

Bitcoin fell below $76,000 after failing to break through $80,000, with uncertainties surrounding the reopening of the Strait of Hormuz and the macroeconomic situation unsettling the market.Meanwhile, technical indicators and on-chain data provide mixed signals regarding whether BTC can sustain this round of rebound. Bitcoin recorded a 30% recovery after hitting a low below $60,000 on February 6, but it stalled under selling pressure in the supply zone between $78,000 and $80,000. This range also coincides with the current 20-week exponential moving average (EMA), reinforcing the significance of this resistance level.Michael van de Poppe, founder of MN Capital, stated that the current pullback is "typical behavior" ahead of the FOMC meeting. He added, "I believe we are still in a phase of strong market conditions." On the support side, Bitcoin has tested the support level at $75,500, which also serves as the lower boundary of the 20-day EMA, 100-day EMA, and an upward channel.Glassnode's UTXO Realized Price Distribution (URPD) data shows that direct resistance is around $78,000, where investors hold 335,650 BTC; the average purchase price of about 298,560 BTC is $75,500, forming a key support level.On the on-chain front, Glassnode data indicates that the Bitcoin market exhibits "a coexistence of bullish momentum and cautious sentiment." The spot CVD (Cumulative Volume Delta) rose from $18.3 million to $54.8 million, with an increase of nearly 200% over the past week, reflecting strong bullish sentiment among market participants. However, spot trading volume decreased by 13.8% from $6.95 billion a week ago to $5.99 billion, "indicating a reduction in market activity." During the same period, the number of daily active addresses fell by 1.6%, showing a more subdued network participation.

According to The Block, Visa has partnered with WeFi, a "on-chain bank" company founded by former Tether CEO Reeve Collins, allowing users to hold digital assets through self-custody wallets while directly spending within the global Visa acceptance network, without the need to custody assets in centralized exchanges.Maksym Sakharov, co-founder and CEO of WeFi, stated that stablecoins are directly embedded in the underlying infrastructure, with settlements automatically completed in the background, providing a user experience similar to regular payments. This collaboration will initially roll out in certain markets in Europe, Asia, and Latin America, with further expansion depending on regulatory approval progress.

According to the official announcement, the Gate Wallet has officially launched the "Auto Follow" feature. Users can access the "Meme Go" section by navigating to the top of the Gate DEX official website and selecting the "Follow" tab to participate in the experience. This feature supports Solana, BSC, and Base chains, allowing users to synchronize orders with one click by monitoring the buying and selling behavior of smart money addresses in real-time. Users can flexibly choose from various modes such as fixed amount, fixed ratio, or equal amount follow-buying, enabling more efficient participation in the on-chain Meme trading market without the need for constant monitoring.Gate Wallet is an industry-leading multi-chain crypto wallet that connects over 100 public chains, millions of assets, and tens of thousands of DApps in one stop, providing a professional-level DEX experience and the best solutions for every DEX need. BountyDrop is a dedicated earning activity section in the Gate DEX discovery page, where users have the chance to win rewards or participate in a lottery to obtain airdrop tokens by completing simple tasks.

According to monitoring by Hyperinsight, the largest on-chain ETH bull "BIT associated giant whale" has once again fallen back underwater, currently facing an unrealized loss of about $110,000 (-5%). This address holds a 20x leveraged ETH long position of 20,000 coins, valued at approximately $45.6 million, with an entry average price of $2,287. This position was opened on April 20, and during this period, the unrealized profit peaked at $2 million, but as the market declined, all profits have been given back.It is reported that this address belongs to the digital financial services group BIT, which has repeatedly received fund transfers from its accounts and previously made large-scale long positions on ETH worth hundreds of millions. Address: 0x6c8512516ce5669d35113a11ca8b8de322fd84f6.

Paul Frambot, co-founder and CEO of Morpho, tweeted that he has been in intensive contact with several large institutions over the past week to understand the current DeFi situation. The main conclusions are twofold:The interest of institutions in DeFi will not disappear, as the fund distributors will not leave. The massive assets under management (AUM), payment, and lending businesses are migrating en masse to on-chain, and fintech companies hope to fully go on-chain, leaving institutions with no choice.Nevertheless, institutions have completely lost trust in the liquidity pool model. They want to have control over the code, risk management, and compliance, allowing them to flexibly choose the necessary parts while accessing a globally compatible liquidity network.Paul Frambot believes that the commitment to open financial systems will not fail, as it will create tremendous value for all participants.

Sky announced that it is building Laniakea, a standardized infrastructure framework for institutional-level capital deployment, for its Sky Agent Network.Currently, Sky Protocol manages over $11 billion in USDS circulation and generates returns through strategies such as DeFi lending, private credit, and compliant real-world assets. Laniakea will serve as the underlying infrastructure to enhance the scalability and efficiency of capital allocation, further advancing on-chain finance towards institutional levels. The project aims to address the current issue of over $300 billion in idle stablecoins and the lack of unified infrastructure.Laniakea will achieve standardization from four dimensions: smart contracts, risk and governance, data infrastructure, and legal compliance, allowing new capital products to avoid redundant construction of underlying frameworks, thus enabling modular expansion and scalable deployment. At the same time, through unified risk measurement and loss layering mechanisms, it ensures that risks are transparent and responsibilities are clear.Under this framework, Sky Agents (Primes) will develop investment strategies and compete for capital allocation based on unified standards, while specific products (Halos) will quickly land based on shared infrastructure. Laniakea will also encode the entire protocol's operational status in a machine-readable manner, providing a foundation for AI-driven real-time risk control and capital scheduling.As the capital scale expands and returns increase, Sky expects to strengthen the value capture capability of the SKY token through buyback and staking mechanisms.

According to CoinDesk, Fidelity Digital Assets released the "Q2 2026 Signal Report," indicating that although the overall cryptocurrency market was in a consolidation phase at the beginning of the second quarter, several underlying data points have shown signs of stabilization.The report shows that Bitcoin's dominance continues to rise, with capital consistently concentrating on the most liquid assets. The levels of unrealized profits and momentum indicators are consistent with characteristics of a correction period, which may lay the foundation for a more stable market structure in the future.Meanwhile, the network usage and price trends of Ethereum and Solana have diverged, indicating that demand at the protocol layer remains robust. The report also notes that Bitcoin futures are currently experiencing negative funding rates, and research institution 10x believes this reflects structural hedging behavior by institutions rather than an overall bearish signal.

According to on-chain monitoring data, Gate's hot wallet transferred out 299.999726 PAXG (approximately $1.4092 million). The PAXG market shows a current price of about $4690.54, with a market capitalization of approximately $2.26 billion.

According to the official announcement, the on-chain destruction of GateToken (GT) for the first quarter of 2026 has been officially completed, with a total of 2,557,729.381387 GT transferred to the destruction address, with a destruction value exceeding 20.68 million USD.Since the launch of the Gate Chain mainnet in 2019, GT has implemented a continuous destruction mechanism, and as of now, a total of 187,377,156 GT has been destroyed, with a total destruction value exceeding 1.382 billion USD (calculated at current prices), and the total token supply has been significantly reduced by approximately 62.46% from the initial 300 million tokens.With the launch of Gate Layer and the gradual rollout of native applications such as Gate Perp DEX, Gate Fun, and Meme Go, the usage frequency of GT, as the only Gas token of Gate Layer, continues to increase. At the same time, Gate promotes the coordinated development of infrastructure and applications such as Gate for AI Agent, GateClaw, Gate.AI, and GateRouter, driving a simultaneous growth in on-chain transaction and interaction demand. Gate will continue to implement a long-term, stable GT destruction mechanism, creating a closer positive cycle between the token economic model and real usage demand and ecological expansion.