The 2025 Q1 security report released by CertiK shows that the Web3.0 field lost approximately $1.67 billion due to 197 security attacks this quarter, with Bybit exchange losing $1.45 billion (90%) from a single incident. In addition to large single cases, high-frequency and low loss attacks have become new risks: 15 private key leakage incidents (140 million US dollars) and 81 phishing attacks (nearly 16 million US dollars). CertiK emphasizes that hackers are using social engineering methods such as AI deep forgery and malicious dApps to carry out precise phishing. Although the amount of a single attack is small, it has already formed a systematic threat to user security.

Odaily Planet Daily News: Synthetix founder Kain recently stated in an article that the Ethereum mainnet is facing economic pressure from a sharp decrease in gas fees and ETH destruction due to L2 expansion diversion trading activities and the introduction of Blob by EIP-4844, which reduces data availability costs. Kain believes that the rise of L2 has intercepted the revenue originally belonging to the mainnet, and the future shift towards Alt DA solutions such as Celestia is more likely to further weaken the profitability of the Ethereum mainnet. To solve this problem, he proposed that in the short term, L2 can be fed back to the mainnet through official L2 or rental mechanisms, while in the long term, new demands such as real asset tokenization need to be relied upon to increase the overall usage rate of L1/L2. He emphasized that the Ethereum community has advantages in coordination, but should decisively abandon unrelated projects and focus resources on application layer breakthroughs to cope with the competitive pressure from L2 and other data availability solutions.

According to BlockBeats, on April 2nd, Nate Geraci, President of The ETF Store, announced on social media that Grayscale has submitted Form S-3 and plans to register its Grayscale Digital Large Cap Fund as an exchange traded fund (ETF). The fund holds BTC, ETH, XRP, SOL, and ADA. The New York Stock Exchange has previously submitted a 19b-4 application to list and trade this ETF. Still sticking to the prediction, index based cryptocurrency ETFs will be approved before the end of the year (if not earlier)

According to CoinDesk, Zach Pandl, the head of Grayscale Research, stated that the impact of tariffs on cryptocurrencies may have been 'priced' and the worst-case scenario may have passed. Pandl estimates that so far, tariffs have reduced economic growth by 2% this year. But Trump's so-called 'Liberation Day' may actually prevent the most severe pain felt by financial markets. Pandl said, "If we see the tariff policy announced on Wednesday being both tough and phased in, and focusing on the 15 countries they seem to target, I expect the market to rebound due to this news. Once we get through this announcement period, the cryptocurrency market may refocus on fundamentals, which are very positive." Pandl said that if institutions do not have high confidence in the digital asset field and its related policies, announcements like Circle's initial public offering (IPO) will not happen. In addition, Pandl believes that tariffs will increase demand for non US dollar currencies.

OKX-BONK's current price is $0.00001257, with a 24-hour increase of 11.57%. 24-hour transaction volume of 100 million US dollars, an increase of 121.08%, for reference only

Odaily Planet Daily News: Although tariffs have put pressure on Bitcoin in the short term, analysts believe that in the long run, it may benefit BTC's positioning as a "digital gold". Grayscale research director Zach Pandl stated that if market sentiment recovers after the implementation of tariff policies, cryptocurrency assets are expected to refocus on fundamentals. He believes that tariffs will weaken the dominant position of the US dollar and enhance the attractiveness of alternative assets such as Bitcoin. Columbia University professor Omid Malekan also stated that Bitcoin may replace gold as a safe haven option amidst global economic uncertainty. （CoinDesk）

According to Bloomberg, Elon Musk's X platform is urging the US Supreme Court to protect the company from subpoenas issued by federal law enforcement agencies in the absence of reasonable doubt, in order to avoid being forced to disclose sensitive user financial data. X platform requests the judge to reconsider the lower court's ruling, which allows the US Internal Revenue Service to enforce a subpoena against Coinbase customer transaction records in a tax investigation targeting over 14000 users of the cryptocurrency exchange. The lawyer of X platform argued in a document submitted last week that X platform stores subscription and advertising data and plans to ultimately provide financial services to users, but according to the constitution, when these companies sign confidentiality agreements with users, the constitution does not allow for "an unconditional search of customer records held by third-party service providers".

According to Pioneer Economy, the cryptocurrency assets of Kim Hong soo, a councilor in Gangneung City, Gangwon Province, South Korea, have skyrocketed by over 1000 times in seven years. This local councilor purchased 195555 OES tokens and 240000 Donocle tokens at a unit price of 23 Korean won (approximately 0.016 US dollars) in 2018, with a total investment of 10 million Korean won (approximately 6800 US dollars). These digital assets, currently valued at 12.9 billion Korean won (approximately 8.8 million US dollars), can be traded on the decentralized exchange Uniswap, but reports indicate that their liquidity is extremely low and there are difficulties in actual realization. Mr. Jin still holds the tokens purchased seven years ago, but the lack of market depth may affect the realization of their final returns.

According to The Block, Eric Trump, the second son of the US President, revealed in an interview with Fox Business Channel that it is the three major factors of "autonomy, bank censorship, and resistance culture" that are driving his family to continue to increase their investment in the cryptocurrency industry. Eric Trump said on Tuesday during a discussion about the "weaponization" of the Trump family by banks, "Every bank has cancelled its business dealings with us for no reason, just because before my father entered politics, I never thought I would get involved in the cryptocurrency field. They viciously targeted us. It was only then that I realized the importance of cryptocurrency In addition to praising the anti censorship features of cryptocurrencies, Eric Trump also pointed out that this technology has made significant improvements compared to the contemporary financial system. He stated that cryptocurrencies are "cheaper, faster, and more transparent". Everything that banks can do, cryptocurrencies can do better. Eric Trump specifically pointed out that stablecoins will help support the US dollar and fundamentally change the face of "finance and banking" in the coming decades.

According to BlockBeats, on April 2nd, according to Token Unlock data shows that TRUMP will unlock 40 million tokens on April 18th, accounting for 20% of the total circulation and worth approximately $413.2 million.

The current price of ETH is $1884.61, with a 3.46% increase in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 11 million US dollars, with multiple main liquidation orders and ETH liquidation of 1.22 million US dollars (11.16%). The data is for reference only.

According to BlockBeats, on April 2nd, the probability of Circle's IPO in 2025 on Polymarket reached 96%, with cumulative trading volume exceeding $680000. BlockBeats previously reported that on April 2nd at 4:00, Circle had submitted an S-1 filing to the US Securities and Exchange Commission (SEC), officially launching the initial public offering (IPO) process. The company plans to be listed on the New York Stock Exchange under the stock code "CRCL".

Coinbase Assets stated on the X platform that the platform regularly monitors the assets of the exchange to ensure they meet listing standards. According to the recent review, the trading of Media Network (MEDIA) will be suspended around 02:00 Beijing time on April 16, 2025. MEDIA trading will be temporarily suspended on Coinbase. com (simple and advanced trading), Coinbase Exchange, and Coinbase Prime. The MEDIA order book has been moved to limit mode. Limit orders can be placed and cancelled, and matching may occur.

Odaily Planet Daily News: Alabama Senator Tommy Tuberville has announced plans to resubmit the Financial Freedom Act on April 1st, allowing Americans to include cryptocurrency in their 401 (k) retirement savings plans. This is his third attempt to push the bill through after 2022 and 2023. Tuberville stated in an interview with Fox News that the reintroduction of the bill aims to support Trump's image as a "crypto president" and emphasizes "giving people the opportunity to control their own funds". The bill advocates reducing the regulation of retirement account investment options by the US Department of Labor. The 2023 version received joint support from Wyoming Senator Cynthia Lummis, who had expressed support for including Bitcoin in retirement investment portfolios in 2022. This move comes at a critical time when the Republican controlled Congress is pushing for legislation on cryptocurrency market structure and stablecoin regulation. Legislators hope to send the relevant bills to Trump for signature before the August congressional recess to avoid politicizing the issue before the election. （Cointelegraph）

According to Cointelgraph, Senator Tommy Tuberville of Alabama plans to promote the legislation of the Financial Freedom Act for the third time, which aims to allow Americans to include cryptocurrency in retirement savings plans. The Republican congressman stated in an interview with Fox News on March 31 that he will resubmit the bill, which failed twice in 2022 and 2023, on April 1, and stated that this move is intended to help President Trump shape his image as a "crypto friendly president". The core content of this bill is to limit the regulatory authority of the US Department of Labor over the investment targets of 401 (k) retirement plans, which was first proposed in May 2022. It is worth noting that Wyoming Senator Cynthia Lummis co signed the 2023 version of the bill. The Republican had previously publicly expressed support for "including Bitcoin in retirement funds," but as of press time, her latest position has not been confirmed. The advancement of this encrypted pension bill coincides with the Republican led 119th session of Congress reviewing the Cryptocurrency Market Structure Act and the stablecoin regulatory framework. Supporters are calling for the relevant bill to be submitted to President Trump for signature before the August congressional recess to avoid political interference in the future.

In its prospectus for an initial public offering, Circle said that in 2023, it acquired “the remaining outstanding 50% equity interest in Centre Consortium” from Coinbase for $210 million worth of shares.Coinbase said in August 2023 it had taken an “equity stake in Circle” as part of a new arrangement that led to the dissolution of the two companies’ stablecoin venture Centre Consortium, but no dollar amount was mentioned at the time.

1. Texas deliberates on Bitcoin investment bill to advance 2. SEC and Gemini explore litigation solutions 3. GameStop raises funds to purchase Bitcoin 4. Circle applies for IPO and plans to list on the New York Stock Exchange 5. Uniswap DAO supports financial authorization plan 6. Blockchain Association CEO to join Solana 7. EU warns of risks associated with US cryptocurrency policies and traditional finance 8. Metaplanet increases its holdings of Bitcoin to 4046 The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/451497

According to Bitcoin Magazine, Texas House Bill 4258 (H.B. 4258) was submitted to the Government Efficiency Executive Committee for review today. The bill authorizes state auditors to invest up to $250 million in Bitcoin, and also authorizes municipalities or counties to invest up to $10 million of their funds or funds under their control in Bitcoin and/or other cryptocurrencies. If the bill becomes law, it will take effect on September 1, 2025, leaving time for state and local government officials to develop investment strategies and custody plans. According to Bitcoin Laws, H.B. 4258 is one of the eight currently effective Bitcoin or cryptocurrency related bills submitted to the Texas Senate or State House of Representatives. Among these eight bills, it is the fifth one to enter the committee review stage. Four of the bills (including the current one) will authorize the state to include Bitcoin in its balance sheet in some way. The other three bills - H B. 1598、 Senate Bill (S.B.) 21 and S B. 778- Both call for the establishment of a Strategic Bitcoin Reserve (SBR) in Texas. These three SBR bills have all entered the committee review stage, among which S B. 21 has now entered the second round of deliberation by the committee.

According to Bloomberg, the US Securities and Exchange Commission (SEC) has stated to the federal court in New York that it hopes to "explore potential solutions" to settle its lawsuit against Gemini Trust, a cryptocurrency exchange owned by the Winklevoss twins. The SEC and Gemini Trust jointly requested a 60 day extension of the civil lawsuit on Tuesday. Before Trump's inauguration in January this year, Gemini had agreed to pay $5 million to reach a settlement with the US Commodity Futures Trading Commission (CFTC). SEC sues Gemini in 2023, accusing the exchange of colluding with crypto lending institution Genesis Global Capital through&34; Gemini Earn& 34; The project illegally raised billions of dollars in encrypted assets. Last year, Gemini agreed to return at least $1.1 billion to customers in another settlement with regulatory agencies in New York State. The Trump administration has now withdrawn enforcement actions against multiple cryptocurrency companies.

According to The Block, video game retailer GameStop announced on Tuesday that it has raised $1.5 billion through a private placement of convertible bonds and plans to use the proceeds to purchase Bitcoin. The company's filing with the US Securities and Exchange Commission (SEC) shows that it has completed the issuance of $1.5 billion senior convertible bonds with a maturity of 2030 and a coupon rate of 0.00%, including the underwriters fully exercising $200 million over allotment option. This move is consistent with Strategy's strategy of shifting towards Bitcoin acquisition in August 2020.