ChainCatcher News, NBC host Stephanie Ruhle said on the 4th that U.S. Treasury Secretary Scott Basset can no longer tolerate the Trump administration's "absurd (reciprocal) tariff algorithm" and is planning to resign.Ruhle stated on the "Morning Joe" television program, "My sources say that Basset has been acting differently in the Trump administration. In terms of Trump's inner circle, Trump is not close to Basset at all and does not listen to him." Ruhle added, "Someone told me he is looking for an exit and an opportunity to go to the Federal Reserve. Because in the past few days, he has really been damaging his credibility and track record in the market." Basset himself has not yet responded to the matter.

ChainCatcher news, according to CoinDesk, the U.S. Securities and Exchange Commission (SEC) has released new regulations clarifying that certain stablecoins do not fall under the category of securities and may be exempt from trading reporting obligations. Some analysts believe that the stablecoins covered by the SEC's new regulations may not include those issued by Tether, as the SEC pointed out that acceptable reserves for stablecoins do not include precious metals or other crypto assets, both of which are included in Tether's reserves.In addition, the SEC also requires that any token must be redeemable for U.S. dollars at any time, but Tether's terms of service suggest that there may be minimum redemption amounts or delays in redemption.

ChainCatcher News, the U.S. Securities and Exchange Commission's Division of Corporation Finance has issued a statement regarding stablecoins, indicating that under current regulations, certain types of crypto assets (i.e., "Covered Stablecoins") are not considered securities. Individuals involved in the "minting" and redemption processes of stablecoins are not required to register these transactions with the Commission under the Securities Act, nor do they need to comply with any of the registration exemptions under the Securities Act.Covered Stablecoins are designed to maintain a stable value relative to the U.S. dollar or "USD" on a one-to-one basis, and can be redeemed for U.S. dollars on a one-to-one basis (i.e., one stablecoin for one dollar). They are backed by assets held in reserve that are considered low-risk and liquid, with a dollar value that meets or exceeds the redemption value of the stablecoins in circulation. These stablecoins are primarily used for payments, transfers, and store of value, and are not intended as investment tools, with their sale and trading not involving the provisions of securities laws.

ChainCatcher news, according to information from the U.S. Securities and Exchange Commission (SEC) website, Grayscale has today submitted the S-1 form for the Solana ETF to the SEC.

ChainCatcher news, Sun Yuchen once again accused FDT of fraud. He stated: First Digital Trust (FDT) openly disregards all fiduciary duties and regulatory norms, claiming to represent Techteryx in managing a securities portfolio of up to $501.8 million for the Aria Commodity Finance Fund in its own legal name. According to the Hong Kong Securities and Futures Ordinance (SFO), any individual or company providing securities portfolio management services must hold a Type 9 license from the Hong Kong Securities and Futures Commission, unless the service is limited to its wholly-owned subsidiaries or provided by its 100% owned parent company. Clearly, FDT is not only ignoring the fundamental principles of the trust industry but is also openly contemptuous of Hong Kong's banking and investment laws. In other words, its actions have completely disregarded Hong Kong's regulatory authorities and law enforcement agencies.Furthermore, Sun Yuchen believes that FDT has not only fallen into negative assets but has also had negative net assets for three consecutive years. By the end of 2024, its net assets are projected to be negative HKD 100 million. This does not include the massive losses caused by its large-scale misappropriation of user assets. Even so, it can still publicly manage billions of dollars in public assets in the market today.Previously, First Digital responded: it will take legal action against Sun Yuchen's "slanderous behavior."

ChainCatcher message, according to SoSoValue data, yesterday (Eastern Time April 3) the total net outflow of Ethereum spot ETFs was $3.587 million.The Ethereum spot ETF with the highest net outflow yesterday was Bitwise ETF ETHW, with a single-day net outflow of $3.587 million. Currently, the historical total net inflow of ETHW has reached $314 million.As of the time of writing, the total net asset value of Ethereum spot ETFs is $6.07 billion, and the ETF net asset ratio (market value as a percentage of Ethereum's total market value) is 2.8%. The historical cumulative net inflow has reached $2.357 billion.

ChainCatcher news, according to crypto journalist Eleanor Terrett: This week, a delegation from the world's largest asset management company, BlackRock, met with the SEC's cryptocurrency working group to discuss the company's existing crypto ETFs and the possibility of allowing future physical redemptions and the creation of them.

ChainCatcher news, according to Jinshi reports, U.S. Secretary of Commerce Ross stated that President Trump is unlikely to lift tariffs.President Trump will only negotiate if other countries address tariff and non-tariff barriers.

ChainCatcher news, encrypted journalist Eleanor Terrett posted on the X platform that the SEC chairman nominee Paul Atkins has passed the Senate Banking Committee vote, and next, his nomination will be submitted to the full Senate for a vote.

ChainCatcher news, according to Jinshi reports, U.S. Secretary of Commerce Raimondo stated, I believe there will be no exemptions (for tariffs), and other countries' retaliation against Trump's tariffs will not be effective.

ChainCatcher news, the decentralized data infrastructure CESS Network has once again been invited to Capitol Hill in Washington, D.C., to participate in the Capitol Hill Education Day event hosted by the U.S. Blockchain Association. As a representative project in the DePIN and Layer1 tracks, the CESS team will meet with U.S. lawmakers again to provide full-stack solutions for real-world use cases of blockchain technology.It is reported that CESS has previously been adopted by Middle Eastern governments as a decentralized data solution provider. During this Capitol Hill event, CESS will continue to demonstrate the critical role of decentralized data value infrastructure in maintaining national data security, providing the next-generation data infrastructure paradigm for governments, enterprises, and the Web3 ecosystem.

ChainCatcher news, Nillion posted on platform X that its Secret Vault has integrated the Coinbase developer platform suite, allowing users to interact with the vault using natural language, which will make it easier to create architectures, securely add data, and retrieve data, primarily suitable for sensitive fields such as healthcare and finance.

ChainCatcher message, Sinohope CEO Du Jun tweeted on platform X, "We will select one token with growth potential from the secondary market each month (excluding Bitcoin), with a single investment amount controlled between 2 million to 10 million USD. After each purchase is completed, we will publicly disclose the corresponding on-chain address and investment logic to ensure transparency and share our reasoning with the community."

ChainCatcher message, ABCDE founder Du Jun stated: "We will select one token with growth potential from the secondary market each month (excluding Bitcoin), with a single investment amount controlled between 2 million and 10 million USD. After each purchase is completed, we will publicly disclose the corresponding on-chain address and investment logic to ensure transparency and share our reasoning with the community."

ChainCatcher news, according to relevant page information, UXLINK temporarily ranks first in the Binance second phase voting for new listings with a vote rate of 12.1%. The second-ranked ONDO has a vote rate of 11.4%.

ChainCatcher message, according to SoSoValue data, yesterday (April 2nd, Eastern Time) the total net inflow of Bitcoin spot ETFs was $221 million.The Bitcoin spot ETF with the highest single-day net inflow yesterday was the ETF ARKB from Ark Invest and 21Shares, with a net inflow of $130 million. Currently, ARKB's historical total net inflow has reached $2.652 billion.The second highest was the Fidelity Bitcoin ETF FBTC, with a net inflow of $119 million. Currently, FBTC's historical total net inflow has reached $11.503 billion.The Bitcoin spot ETF with the highest single-day net outflow yesterday was the BlackRock Bitcoin ETF IBIT, with a net outflow of $116 million. Currently, IBIT's historical total net inflow has reached $39.845 billion.As of the time of publication, the total net asset value of Bitcoin spot ETFs is $97.354 billion, and the ETF net asset ratio (the market value compared to the total market value of Bitcoin) is 5.73%. The historical cumulative net inflow has reached $36.237 billion.

ChainCatcher message, according to SoSoValue data, influenced by Trump's announcement of comprehensive tariffs and the establishment of a 10% "minimum baseline tariff," the cryptocurrency market sector has experienced a widespread decline, with a general drop of about 2% to 6% over the past 24 hours. Among them, Bitcoin (BTC) showed significant volatility, rising above $88,000 before falling back below $84,000, with a 24-hour decrease of 1.53%. Ethereum (ETH) fell by 3.22%, dropping to around $1,800.Notably, the RWA sector remained relatively strong, rising 0.40% over the past 24 hours, with Ondo Finance (ONDO), Pendle (PENDLE), and Plume (PLUME) increasing by 1.80%, 2.34%, and 5.73%, respectively. Meanwhile, the cryptocurrency sector index reflecting historical market trends shows that the ssiRWA index rose by 0.61% in 24 hours.In other sectors, the CeFi sector fell by 1.10% over the past 24 hours, the Layer1 sector decreased by 2.09%, but Sui (SUI), Cosmos Hub (ATOM), and EOS rose against the trend by 1.99%, 2.17%, and 23.30%, respectively; the PayFi sector dropped by 2.19%, the DeFi sector fell by 2.89%, the Meme sector decreased by 3.72%, and the Layer2 sector declined by 3.91%.

ChainCatcher news, according to official Morph news, the on-chain AI proxy fund bAI Fund has received a $1 million investment from Morph and Foresight Ventures.It is reported that bAI Fund is an on-chain proxy fund operating in a Trusted Execution Environment (TEE), integrating quantitative trading, investment, and marketing to create a diversified AI proxy ecosystem. The fund helps creators independently issue AI proxy tokens and promotes decentralized governance.

ChainCatcher news, according to Jinshi, U.S. Treasury Secretary Basent stated on Wednesday evening local time that the stock market sell-off is more due to the significant pullback of large tech stocks rather than the protectionist policies of the Trump administration.In a television interview, Basent said, "I am trying to be the Treasury Secretary, not a market commentator. I want to point out that particularly the Nasdaq index peaked on DeepSeek day, so this is a Mag7 issue, not a MAGA issue."

ChainCatcher message, according to the report independently audited by Prescient Assurance LLC, as of February 28, 2025, 21:00 ET (March 1, 2025, 9:00 HKT)FDUSD circulation: 2,041,924,819.94, total reserve assets corresponding to FDUSD: 2,051,348,188.70 USD, with the composition of reserve assets including:Total holdings of U.S. Treasury Bills: 1,733,452,142.60 USD (approximately 84.5%)Holdings of Overnight Reverse Repo Agreements: 33,000,000.00 USD (approximately 1.6%)Holdings of Fixed Deposits: 145,880,000.00 USD (approximately 7.1%)Cash balance in Cash in U.S. Dollars account: 139,016,046.10 USD (approximately 6.8%)