ChainCatcher news, at the "Web3 Future Night" event, CoinUp.io shared a keynote speech titled "Becoming the Global Crypto Oasis."CoinUp.io stated that it currently has over 300 spot trading pairs, with daily active users exceeding 15,000 and daily trading volume surpassing $5 billion. The platform serves over 200 countries worldwide, with 61% of users coming from Asia, and 11% from both Africa and Southeast Asia. CoinUp.io also announced the establishment of a protection fund to provide emergency protection for user assets. Currently, the value of the CoinUp protection fund is $50 million, with BTC and USDT available for withdrawal at any time. CoinUp promises that over the next three years, the value of the protection fund will be maintained at over $200 million.It is reported that CoinUp.io is a one-stop cryptocurrency derivatives trading platform where users can trade traditional financial products and derivatives, such as commodities, foreign exchange, indices, as well as U.S. and Hong Kong stocks, all using USDT for trading.The "Web3 Future Night" event was co-hosted by ChainCatcher and the digital asset platform CoinUp.io, bringing together ideas and business opportunities.

ChainCatcher news, Bitget wallet's official spokesperson KajiQ stated during the roundtable discussion on "2025 New Trends in Crypto" at the "Web3 Future Night" event that the approval of the Bitcoin spot ETF has brought short-term trading opportunities and is one of the important reasons driving BTC close to $100,000. However, it has also weakened the independence and speculative nature of the crypto market.She also pointed out that Trump has released many favorable signals, but the mid-term realization efficiency is insufficient, making it difficult to support a sustained upward trend. At the same time, altcoins have not significantly benefited under the macro favorable conditions.It is reported that the "Web3 Future Night" event is co-hosted by ChainCatcher and the digital asset platform CoinUp.io, and is a high-end social feast in the crypto field, bringing together ideas and business opportunities.

ChainCatcher news, UMY.com CEO Alex Lee introduced at the "2025 Hong Kong Web3 Carnival" summit that cross-chain interoperability issues severely restrict the development of the Web3 consumer ecosystem. UMY ensures smooth cross-chain flow of user assets and data through multi-chain interoperability support.In addition, he called on industry partners to work together to promote innovation and development in the Web3 consumer market, achieving industry collaboration and win-win outcomes.

ChainCatcher news, recently, Forbes contacted 50 top leaders on Wall Street, including billionaire investors, major institutional asset management firms, and the largest wealth advisors in the United States, to gauge their level of support for President Trump's economic strategy since taking office.These 50 respondents were selected for their significant influence. Among these Wall Street heavyweights—more than half of whom supported his economic policies when Trump returned to the White House in January—72% stated that the Trump team's economic plan is ineffective, and 66% do not support his economic policies. Among those who supported Trump just weeks ago, more than a third no longer back his economic policies, with the majority (54%) indicating that Trump has failed to implement his plans.Forbes also surveyed these Wall Street moguls on specific aspects of Trump's economic policies, asking them to rate them on a scale of 1 to 5, with 5 being the most favorable score. Their ratings were mostly poor. On the issue of tariffs, Trump received a score of 1.86 (out of 5), with 27 respondents giving the lowest rating. In terms of the stock market, his score was similarly dismal at 1.96 (25 respondents rated him a 1 out of 5), while the executive order targeting law firms was almost equally poor at 2.10—this is a direct attack on the rule of law that underpins the American free enterprise system. The ratings for cryptocurrency (2.0) and inflation (2.16) were also disappointing.

ChainCatcher news, a group of well-known figures from the technology and finance industries are heading to Trump's Mar-a-Lago estate in Florida to attempt to "discuss common sense" regarding his proposed tax policies.According to reports, sources disclosed the information to veteran U.S. tech journalist Kara Swisher. Swisher posted on the social platform Threads, stating, "The millions of dollars they (donated for the president's) inauguration are now turning into tens of billions, and soon could be trillions in losses." Swisher also added that Tesla CEO Elon Musk has "become one of their targets." The specific identities of these well-known figures have not yet been revealed. However, it has been reported that due to the technology industry's heavy reliance on manufacturing, computer chips, and IT services from countries like China and India, Trump's tariff policies have severely impacted tech stocks.

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, ChainCatcher in collaboration with the digital asset platform CoinUp.io will host the "Web3 Future Night" themed party in Hong Kong on April 6 from 19:00 to 22:00 (UTC+8).The event will invite prominent guests such as Uweb President Yu Jianing, HashKey Chain Senior Business Development Manager Yuyi, and Interlace Partnerships Head Ryan Xu to give speeches. Meanwhile, Chaosmos, Head of Asia at Botanix Labs, and Carl Leung, Business Development Head at NAVI, will participate in an in-depth roundtable discussion to explore new trends in crypto.The "Web3 Future Night" is not only a high-end social feast in the crypto field but also a platform for the collision of ideas and the convergence of business opportunities. By deepening partnerships, sharing the latest developments and future trends, the event will inspire innovative dialogue and profound thinking, promoting the vigorous development of the Web3 industry.Click the link to register and join this feast of ideas and opportunities.

ChainCatcher news, on April 2, the Trump administration announced the implementation of a comprehensive reciprocal tariff policy, hoping to reverse the $1.2 trillion goods trade deficit. This move caused the S&P 500 index to plummet 9.7% over two days, with a market value evaporation of $5.4 trillion, marking the largest drop in history, surpassing the $3.3 trillion record during the pandemic crash in March 2020. The Nasdaq 100 index's tech stocks were severely hit, with a single-day drop reaching the highest since 2022. Bitcoin's decline during the same period was only 3.7%, maintaining the critical support level of $82,000.Analysts are confident about Bitcoin's upside potential for the remainder of 2025. Real Vision's chief crypto analyst Jamie Coutts stated that the continuously growing money supply could push Bitcoin's price above $132,000 by the end of 2025.

ChainCatcher news, according to Globenewswire, the NYSE-listed company Genius Group announced that it has filed a lawsuit against LZGI International, Inc (LZGI) and its two executives Peter Ritz and Michael Moe in the Southern District of Florida under the U.S. Racketeer Influenced and Corrupt Organizations Act (RICO), seeking $450 million in damages.Previous news, the New York District Court has prohibited Genius Group from selling stock to raise funds to purchase Bitcoin.

ChainCatcher news, BitMEX co-founder Arthur Hayes stated on social media that Bitcoin holders need to learn to love tariffs, Bitcoin may have decoupled from its correlation with Nasdaq, and it could transform into the purest liquidity warning indicator for fiat currency.

ChainCatcher news, according to the official announcement, PayPal has announced that the cryptocurrencies Chainlink (LINK) and Solana (SOL) will be available for PayPal and Venmo users to directly buy, hold, sell, and transfer in their respective accounts.

ChainCatcher news, stablecoin blockchain startup Codex announced the completion of a $15.8 million seed round financing, led by Dragonfly Capital, with participation from Coinbase, Circle, Cumberland, Wintermute, and Selini Capital. Dragonfly invested approximately $14 million in this round of financing.

ChainCatcher news, according to the official announcement, the South Korean cryptocurrency exchange Upbit will launch the Filecoin (FIL) KRW trading pair, with trading expected to start on April 4th at 16:30 (UTC+9).

ChainCatcher news, according to Cointelegraph, the new tariff policy introduced by President Trump is impacting the Bitcoin mining supply chain. U.S. mining companies are ramping up the shipment of thousands of ASIC miners from Southeast Asia to avoid the upcoming increase in import tariffs. The industry expects that this tariff hike will raise operating costs, potentially weaken miner profits, and affect future capacity expansion plans.

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, QCP Capital stated in an official channel that Trump announced on Wednesday a 10% tariff on all imported goods and launched a "reciprocal tariff" policy targeting countries with significant trade deficits with the U.S., reigniting global trade tensions.As a result:BTC fell from an intraday high of $88,500 to $81,200, a decline of over 8%The cryptocurrency market saw massive liquidations, with long positions liquidated exceeding $221 millionU.S. stock futures plummeted, with Nasdaq futures down 4.28% and S&P 500 futures down 3.38%Consumer stocks with high supply chain exposure were hit hard, with American Eagle plunging 17.47%The market is currently focusing on the upcoming non-farm payroll report. Amid expectations of an economic slowdown, the market anticipates that the Federal Reserve will implement four rate cuts in 2025, with cuts of 25 basis points each in June, July, September, and December.In the options market, short-term volatility remains high, and demand for downside protection has increased, reflecting cautious market sentiment. However, analysts believe that a rebound may occur in the short term as risk assets are generally oversold.

ChainCatcher message, Arete Capital managing partner McKenna pointed out that based on the revenue generated from the current low trading volume, the Hyperliquid assistance fund is expected to take 4.93 years to purchase the entire Hyperliquid circulating supply. Currently, the fund holds 5.62% of the circulating supply and purchases about 140,000 HYPE daily.

ChainCatcher message, Magic Eden announces that its web-based cross-chain exchange feature is officially launched, supporting instant exchanges between major chains such as Solana, Bitcoin, Ethereum, and Base, with more EVM chain support to be added in the coming weeks.

ChainCatcher news, investment company Republic will acquire crypto trading platform operator INX Digital (INXDF) at a valuation of up to $60 million.It is reported that Republic's subsidiary Republic Strategic Acquisition will acquire all issued shares of INX. The transaction is expected to be completed within eight months, subject to closing conditions.