SOL breaks through the $280 mark

Odaily Planet Daily News: WorldAssets (WAT), the world's leading RWA (Physical Asset Token) protocol, announced the official launch of a multi chain ecosystem construction, and will complete the casting of new assets on the BNB Chain (BSC). This move marks a new stage of cross chain liquidity for the WAT protocol and injects the first large-scale physical asset target into the BSC ecosystem. The WAT protocol, starting from BSC, opens up a multi chain layout, which not only verifies the technology of physical assets on the chain, but also provides a new path for the public chain ecosystem to break through homogeneous competition. The next step is to lay out the Base chain ecosystem, continuously promote the multi chain casting RWA ecosystem of WAT protocol, and provide asset value, traditional high net worth customers, and capital injection for more public chains!

BlockBeats News: On April 3rd, Mantle officially announced that it will launch its flagship products Mantle Banking and Mantle Index Fund (MI4) in Q2. Mantle Banking is a one-stop account for fiat and cryptocurrency in daily life, supporting consumption, savings, and investment between fiat and cryptocurrency; Connect traditional finance (TradFi) with decentralized finance (DeFi). Fully integrated with Mantle Network's modular architecture, supported by EigenDA, Succinct SP-1, and OP Stack. Mantle Index Four (MI4), also known as the "S&P 500 of Cryptocurrency," is an institutional level tokenized index fund built in collaboration with Securitize (a platform used by Blackstone, KKR, and Hamilton Lane). The investment portfolio currently includes BTC (50%), ETH (26.5%), SOL (8.5%), stablecoins (15%), and offers enhanced staking returns (mETH, bbSOL, sUSDe).

BlockBeats News: On April 3rd, Justin Sun stated in an interview with Star Island that Techeryx Ltd. is not part of his business. When asked why they were helping, he explained that TUSD has 5 million users worldwide, and once it is discovered that their TUSD cannot be exchanged for cash, it will trigger a major financial storm. Justin Sun admitted that he was very surprised when he first learned about the incident, and even said that it shattered his worldview. "Financial institutions directly misappropriate user assets and send them to other places, can't it be Hong Kong? This is a complete theft of depositors' funds!" He didn't understand why large amounts of funds could be transferred overseas without authorization from the client. He believed that the government, banking industry, Securities Regulatory Commission, and others needed to face up to this loophole, emphasizing that Hong Kong cannot become a breeding ground for scammers to defraud funds, and at the same time, they should face the funds that Web 3 companies can bring. Previously, Techeryx Ltd, the investment company of stablecoin TrueUSD (TUSD), filed a lawsuit with the Hong Kong High Court accusing the CEO of Hong Kong asset custodian First Digital Trust (FDT), Zhuo Junqiang, and a Singaporean licensed fund manager, YAI SUKONTHABHAND, of conspiring with multiple companies to fraudulently obtain trust deposits of over 500 million US dollars, equivalent to approximately 3.9 billion Hong Kong dollars, from plaintiffs and the public. Techteryx once entrusted $500 million in reserves to FDT for custody, and the reserves were later invested in a Cayman fund. And this Cayman fund did not issue any investment related share certificates to FDT, nor did it transfer at least $456 million in reserves directly into the Dubai account of an offshore private company called Aria DMCC as an unsecured loan without Techeryx Ltd.'s knowledge. The Cayman fund has refused Techeryx Ltd.'s redemption or repayment of funds.

According to Lookonchain monitoring, 20 minutes ago, a giant whale released its pledge and deposited 71448 SOLs (worth 8.54 million US dollars) into Binance. The giant whale still has 568000 SOLs (worth 68 million US dollars) in a pledged state.

BlockBeats News: On April 3rd, Bitcoin developer Ruben Somsen posted that the email list of the Bitcoin development team BitcoinDev has been "permanently removed" by Google. Ruben previously stated, "To my knowledge, no inappropriate content has been posted Subsequently, the update stated, 'Originally, we did receive more information, but it was placed in the spam folder (ironically). Obviously, we have been' permanently removed '.'. What is our fault? We are considered as' unnecessary content '. Really, Google? Is open source development 'unpopular'? It seems we have to migrate again Block CEO Jack Dorsey has forwarded a tweet supporting Ruben Somsen and raised questions to Google CEO Sundar Pichai.