ChainCatcher message, well-known trader Ansem posted on X stating that unless there are specific news events that can change the current situation, whether it's a shift from the Federal Reserve or a easing of tariffs, there will be no V-shaped recovery in the current market conditions. Regarding these two scenarios, it is better to passively respond after the news appears rather than actively predicting the outcome.

ChainCatcher news, according to Jinshi reports, Chicago Federal Reserve President Goolsbee stated that the implementation of tariffs has far exceeded previous model predictions. The Federal Reserve must take a longer-term view of the issue, rather than being as volatile as the stock market.There are internal disagreements within the Federal Reserve regarding how quickly or to what extent the increase in tariffs will be passed on to consumers, which could lead to supplier bankruptcies. It remains unclear how the Federal Reserve will respond to negative supply shocks.

ChainCatcher message, the Ministry of Commerce stated that China has noted that on April 7, Eastern Time, the U.S. threatened to impose an additional 50% tariff on China, to which China firmly opposes. If the U.S. escalates the tariff measures, China will resolutely take countermeasures to safeguard its own rights and interests.

ChainCatcher news, according to Jinshi reports, Trump's rapid response team responded to the market rumors of "90 days tariff suspension," and Hassett stated that he did not say such news, and the related rumors are fake news.

ChainCatcher news, according to Jinshi reports, the Financial Secretary of the Hong Kong Special Administrative Region, Paul Chan, stated during a media meeting today (7th) evening that the U.S. tariff increases are bullying and unreasonable, violating World Trade Organization regulations. He pointed out that Hong Kong's financial system is quite robust, and stock market trading is proceeding smoothly, with no abnormal behaviors detected that could cause systemic impacts on the Hong Kong stock market.The SAR government will collaborate with multiple departments to implement all-weather, coordinated, cross-market monitoring to prevent financial risks. In addition, the SAR government will continue to monitor market changes and provide ongoing support for local SMEs.Paul Chan emphasized that the Hong Kong SAR government will maintain its status as a free port and implement free trade policies in accordance with the Basic Law of Hong Kong, and its determination to support free trade will remain unwavering.

ChainCatcher news, according to Jinshi reports, UK Prime Minister Starmer stated that with the implementation of the so-called "reciprocal tariffs" by the United States, "the world as we know it no longer exists." He will continue to push for an economic agreement with the United States to avoid certain tariffs.In addition, he also mentioned that the UK government is "always ready to use industrial policy to help British businesses weather the storm." Starmer stated that the UK will strive to strengthen alliances with other countries and reduce trade barriers to lessen the impact of "global market shocks" on the UK.

ChainCatcher news, GameStop CEO Ryan Cohen posted on the X platform that the price of an American-made iPhone could rise to $10,000. In response, Michael Saylor, founder of Strategy (formerly MicroStrategy), stated that "American-made" Bitcoin will reach $1 million. He previously mentioned that Bitcoin does not "fear" tariffs and that Bitcoin has provided resilience amid the backdrop of a plummeting U.S. stock market, as during market panic, "traders will only sell what they can sell, not what they want to sell."

ChainCatcher message, Hyperliquid co-founder @chameleon_jeff responded on X to concerns that "the Hyperliquid protocol may suffer significant losses due to market manipulation":Hyperliquid's margin design strictly ensures the platform's solvency through mathematical mechanisms, with HLP's losses always limited to its own treasury, and the protocol's operation never relying on HLP------this feature existed prior to the JELLYJELLY incident. The newly added protective mechanisms after the incident only optimize HLP's loss resistance in backup liquidation, and the underlying architecture of the protocol has not changed. In the recent JELLYJELLY incident, an attacker attempted to manipulate HLP (liquidity provider pool) by establishing a massive long and short position on themselves. Although the unliquidated contract limit at that time allowed for the establishment of a position worth 4 million USDC, the logical flaw was that HLP used its entire fund balance as collateral for this liquidation. It should be clarified that the platform itself does not face solvency risks, but HLP did face excessive risk exposure due to market manipulation.Currently, HLP's liquidation component treasury has set a collateral limit, restricting potential losses through the backup liquidation mechanism. Hyperliquid still maintains its original operating mechanism, processing under-collateralized positions in the following order: 1) market liquidation 2) backup liquidation 3) automatic deleveraging (ADL). The current backup liquidation of HLP has added protective mechanisms by setting loss limits, making the cost of manipulating the mark price far exceed the limited gains that can be obtained from HLP.

ChainCatcher news, Paradigm's Chief Technology Officer Georgios Konstantopoulos posted on the X platform stating that there are issues with the current state of Solidity, questioning whether to continue improving Solidity, switch to Vyper, or develop a new language, even considering a Rust-based RISCV runtime.In response, Sui co-founder expressed curiosity about why Paradigm's CTO's perspective has changed after long-term involvement in the Solidity ecosystem and tool development, and mentioned that he has believed since 2018 that there are issues with Solidity and EVM, but has not seen any new events that would change that perspective recently.

ChainCatcher news, French Minister of Economy and Finance Eric Lombard stated in an interview that he advocates for support for companies affected by the increased tariffs. He mentioned that France's response to the U.S. tariffs may not be limited to raising tariffs on the U.S. The measures currently being developed include taxing digital services, strengthening regulatory measures, and targeted tax tools, among others.

ChainCatcher news, Binance co-founder He Yi responded on Twitter to external criticism of Binance, stating that while Binance has many issues, it cannot be responsible for the price fluctuations of all cryptocurrencies. She admitted that the team still needs to improve in product and operations, and expressed that they will continue to iterate and optimize, while understanding the criticism from users due to their expectations. He Yi mentioned that the Binance customer service team is often online seeking user feedback, but feels exhausted by the frequent external accusations, stating that they do not want to fall into a situation similar to a "struggle session."

ChainCatcher message, He Yifa posted: "Everyone, refer to Binance's announcements for information regarding Binance. I will not respond to work-related information on my personal Twitter moving forward."

ChainCatcher news, according to official news, First Digital Trust announced that it will go live today at 15:00 to respond to the allegations made by Sun Yuchen.

ChainCatcher news, FDUSD issuer First Digital Trust (FDT) is currently hosting an AMA on X to address community-related questions. This AMA is personally answered by FDT founder and CEO Vincent Chok.

ChainCatcher news, Binance responded to the recent drop in some Meme coins like ACT, stating, "After preliminary investigation, we found that certain low market cap tokens experienced a chain reaction of declines, including three VIP users who cross-sold tokens worth approximately 514,000 USDT in a short period on the spot market, as well as one non-VIP user who transferred a large amount of ACT from other platforms and sold tokens worth approximately 540,000 USDT in a short time on the spot market.When the prices dropped, some users' futures contracts were liquidated, leading to declines in other tokens. Currently, no single account with significant profits has been identified. Since these tokens are fully circulating in the secondary market, the platform cannot intervene in any user's selling behavior. We will continue to investigate this incident, and if there are updates, Binance will further synchronize relevant details.Binance regularly adjusts leverage multiples based on the liquidity, market sentiment, and trading volume of all trading currencies. To proactively guard against potential volatility and risks, we have taken preventive measures to lower leverage multiples. Recently, Binance contracts have continuously issued adjustment announcements for the ACTUSDT perpetual contract, during which the market showed no unusual movements, nor did we actively reduce any user's positions. Market makers are an important part of the industry ecosystem, and Binance also provides a complete market maker program to incentivize more market makers to join Binance, enhancing market liquidity.Due to recent significant market fluctuations, to ensure the safety of users' assets and reduce trading risks, Binance will make timely leverage adjustments based on market conditions to mitigate systemic risks in the entire trading market. Binance also reminds all users to manage their risk accordingly."

ChainCatcher message, Binance co-founder He Yi responded to today's "ACT and other meme coins plummet" incident, stating that the corresponding team is preparing a detailed response.

ChainCatcher message, the ACT community account has issued a statement indicating that it is aware of the current situation, and the team is actively investigating and collaborating with all relevant parties to resolve the matter. They are working with partners to develop a response plan and will provide updates as soon as possible.

ChainCatcher message, today multiple Meme tokens including ACT experienced an abnormal crash, and the community speculates that this may be related to a Wintermute bot malfunction.Wintermute founder and CEO Evgeny Gaevoy responded on X, stating: "Not us, we are also curious about what happened."

ChainCatcher message, today multiple Meme tokens including ACT experienced an abnormal crash, and the community speculates that this may be related to a Wintermute bot malfunction. Wintermute founder and CEO Evgeny Gaevoy responded on X, stating: "It's not us, we are also curious about what happened."