According to Foresight News, Terraform Labs will restrict access for US users following a decision by the US Securities and Exchange Commission (SEC). The development is described as 'frustrating' by Terraform Labs, which 'principally opposes geographical blocking' but feels it has no choice but to comply. Additionally, the company will begin withdrawing $23.8 million worth of LUNA liquidity from the Astroport, Ura, and White Whale platforms on April 26. In previous news from Foresight, the SEC had proposed a motion requiring Terraform Labs and its co-founder Do Kwon to pay approximately $4.7 billion in disgorgement and pre-judgment interest, as well as a total of $520 million in civil penalties. Furthermore, the SEC has issued a 'conduct-based prohibition' to prevent 'engaging in substantially similar conduct leading to large-scale fraud'.

According to Foresight News, Arbitrum has announced a partnership with HackQuest, a Web3 developer education platform. The collaboration aims to launch an Arbitrum Stylus learning course to assist developers in mastering the use of Arbitrum Stylus from scratch. Upon completion of the course, developers will receive a certificate jointly issued by Arbitrum and HackQuest. In addition to the educational program, Arbitrum will support HackQuest in hosting a series of online and offline developer events worldwide. These events are part of an effort to build the Arbitrum developer ecosystem and a global Web3 developer network.

According to Foresight News, the Hong Kong Exchange (HKEX) is set to start trading Bitcoin and Ethereum spot Exchange Traded Funds (ETFs) managed by Harvest Fund Management. The trading is scheduled to commence on April 30th. The market news indicates that this move by the HKEX is a significant step towards the mainstream acceptance of cryptocurrencies. The introduction of Bitcoin and Ethereum spot ETFs by Harvest Fund Management on the HKEX platform will provide investors with a new avenue to invest in these digital assets. This development is expected to have a positive impact on the overall cryptocurrency market, as it could potentially attract more investors to the sector. However, it is important to note that the performance of these ETFs will be closely tied to the price movements of Bitcoin and Ethereum.

According to Foresight News, dYdX has released a report on the DYDX token. The report reveals that approximately 148 million DYDX tokens, which account for 14.8% of the total supply, have been staked to 60 active validators to ensure the security of the dYdX Chain. The protocol has distributed over 20 million USDC to more than 18,991 dYdX Chain stakers. Furthermore, 75.2% of ethDYDX has been migrated to the dYdX Chain. The report provides insights into the current status of the DYDX token and its distribution among the dYdX Chain community.

According to Foresight News, Michael Blank, the Chief Operating Officer (COO) of Polygon Labs, is stepping down due to the company's executive layoffs. However, Blank will continue to support the company's blockchain-related products for the next few months. This follows a series of departures from Polygon Labs' leadership over the past year, including two co-founders, a former Chief Financial Officer (CFO), and a former president. In March 2022, Polygon Labs hired Michael Blank as COO, Young Ko as CFO, and former Amazon executive Urvit Goel as Vice President of Game Business Development. The recent changes in the company's executive team are part of a broader trend of leadership shifts within the company.

According to Foresight News, the cryptocurrency W has shown a significant increase in its value. The intraday high for W reached 0.6733 USDT. The current price stands at 0.6169 USDT, marking a 13.61% increase in the last 24 hours. This surge in price indicates a positive trend for W in the cryptocurrency market.

According to BlockBeats, Jesse Pollak, the head of Base, announced on social media on April 26th that the total circulation of USDC has reached 33.36 billion. Of this, 2.46 billion USDC is on the Base network, which is second only to the Ethereum network with 23.85 billion. The USDC, a stablecoin cryptocurrency, has seen a significant increase in its circulation, with the Base network holding a substantial portion. The Ethereum network, however, still holds the majority of the USDC circulation. This information highlights the growing popularity and acceptance of USDC across various networks. As the circulation continues to increase, it will be interesting to see how this impacts the overall cryptocurrency market.

According to BlockBeats, on April 26, Farside Investors data indicated that BlackRock's IBIT experienced a situation where there was no net inflow or outflow. This is not the first time such an occurrence has been reported for IBIT. The lack of net movement suggests a balance between the number of investors buying into and selling out of the fund. The data from Farside Investors provides a snapshot of the fund's performance on a specific day, but it does not necessarily indicate a long-term trend. It is important to note that the situation can change rapidly in the investment world, and a single day's data should not be used to predict future performance. The IBIT fund, managed by BlackRock, is one of the many investment options available to investors. It is always recommended that investors consider a range of factors, including their own risk tolerance and investment goals, before making investment decisions.

According to PANews, the Hong Kong Stock Exchange recently announced the first batch of virtual asset spot ETFs that are set to be listed. The list includes Harvest Bitcoin Spot ETF (03439.HK), Harvest Ethereum Spot ETF (03179.HK), ChinaAMC Bitcoin ETF (03042.HK), and ChinaAMC Ethereum ETF (03046.HK). Huasheng Securities has been appointed as the underwriter for the first batch of virtual asset spot ETFs, opening up subscription channels for investors. Previously, Huasheng Securities had successfully participated in the issuance of two products, namely the Southern Fund Bitcoin Futures ETF (3066.HK) and the Southern Fund Ethereum Futures ETF (3068.HK).

According to PANews, a recent report published by Syncracy reveals that MakerDAO has dominated nearly 40% of the DeFi profits on Ethereum over the past six months. The data, derived from TokenTerminal, analyzed the top 25 projects on Ethereum for the past 180 days, up until March 12. The report highlights the significant role MakerDAO has played in the Ethereum ecosystem, demonstrating its dominance in the DeFi sector. This analysis provides a clear picture of the distribution of profits within the Ethereum DeFi space, with MakerDAO leading the pack. The findings underscore the growing influence of DeFi projects on the Ethereum platform, with MakerDAO setting the pace. The report serves as a testament to the increasing relevance and impact of DeFi in the broader cryptocurrency landscape.

According to Foresight News, Marathon Digital, a Nasdaq-listed mining company, has announced its goal to increase its hashrate to 50 EH/s by 2024. The decision comes as a result of recent acquisitions that have expanded the company's capacity. As per the Hashrate Index, Marathon Digital's current Bitcoin mining hashrate stands at 24.7 EH/s, while Core Scientific and Riot Platforms have hashrates of 16.9 EH/s and 12.4 EH/s respectively. In previous news from Foresight News, Marathon Digital revealed that it had signed a final purchase agreement to acquire Applied Digital's Bitcoin mining data center for $87.3 million. The payment for the purchase will be made in cash from Marathon Digital's balance sheet.

According to PANews, ApeCoin has announced on platform X that the ApeChain testnet is about to go live. The details will be disclosed on Twitter Space early tomorrow morning. In previous news from February, it was confirmed through a vote that ApeChain would adopt Arbitrum technology for the development of its exclusive blockchain. Arbitrum is a scalable, efficient, and flexible technology that is expected to enhance the performance of the ApeChain blockchain. This announcement marks a significant step forward for ApeCoin, as the launch of the ApeChain testnet will allow for further testing and development before the full launch of the blockchain. The use of Arbitrum technology also indicates ApeCoin's commitment to utilizing advanced technology to improve its services. Further details about the ApeChain testnet launch will be revealed tomorrow, providing more insight into the capabilities and potential of this new blockchain technology.

According to Foresight News, Paradigm has suggested that the Ethereum Virtual Machine (EVM) community should adopt 'gas per second' as a new standard for measuring network performance. This would be in addition to other dimensions of gas fee pricing to create a comprehensive performance standard. Typically, blockchain network performance is gauged by the 'transactions per second' metric. However, for Ethereum and other EVM blockchains, a more detailed and accurate standard would be 'gas per second'. This metric reflects the computational workload that the network can handle per second. 'Gas' is a unit that measures the computational workload required to execute transactions or smart contracts, and it also helps compare the performance of different EVM-compatible chains. Currently, in the EVM network, the strongest performance is opBNB, which calculates at 100 million gas per second, while the weakest is the Ethereum mainnet at 1.25 million gas per second. Reth, created by Paradigm, has reached 100-200 million gas per second during real-time synchronization. Its short-term goal is to reach 1 gigagas per second, or 1 billion per second.

According to Foresight News, engineer Tamara has announced her resignation from Apple to focus on the development of derivative products for Ethereum's Blobspace. She stated that the purpose of these Blobspace derivatives is to hedge against the price fluctuations of Blobspace following the Ethereum Cancun upgrade. Similar to commodity futures trading, the establishment of a derivatives market for Blob Gas fees creates strategic trading opportunities. This is done by allowing Rollups to pay a premium to reduce the risk of their operational costs. This move by Tamara signifies a shift in her career towards the burgeoning field of cryptocurrency and blockchain technology.

According to Foresight News, the decentralized social network L1 DeSo is set to undergo a Revolution Proof of Stake consensus upgrade on its testnet on May 1. The mainnet is currently scheduled for May 22. Following the consensus upgrade, the network will support 500 posts per second, which is 10% of the X scale, a Burn-Mined Fee (BMF) algorithm, a one-second confirmation time, and a 20% annual return for staking DeSo. It will also support validators without the need for permission. This upgrade is expected to enhance the functionality and efficiency of the decentralized social network, providing a more seamless experience for its users.

According to Foresight News, the floor price of Blob, also known as the Furry Blob Army, has seen a significant increase of over 50% in the past 24 hours. The current floor price is reported to be 0.05377 BTC. Prior to this surge, the Blob team successfully bid for the rare Epic Sat from the fourth Bitcoin halving block at ViaBTC. The winning bid was made at a price of 33.3 BTC. The acquisition of the Epic Sat is seen as a significant milestone for the Blob team and has likely contributed to the recent surge in the floor price.

According to Foresight News, insiders have revealed that creditors of Celsius Loan are planning to appeal against the company's restructuring plan. The reason behind this is the discovery that Celsius's asset recovery rate is lower than expected. The current plan has reduced the amount of money recovered from customers who hold bankrupt assets in loan accounts. The creditors of Celsius Loan have stated that they do not yet have a specific timeline for potential litigation and are still in the early stages of exploration. This development could potentially impact the company's restructuring process and its future operations. Further details about the appeal and its potential implications are yet to be disclosed.

According to Foresight News, court documents reveal that Elon Musk has asked former OpenAI board member Helen Toner to submit documents and communication records related to the decision to dismiss Sam Altman and reinstate him as CEO. Toner is required to submit the relevant information by May 21. In a previous report by Foresight News, OpenAI stated in a document submitted to the Superior Court of San Francisco County, California, that there was no founding agreement between it and Musk, nor any agreement at all. The founding agreement was merely a fabrication by Musk.

According to Foresight News, Solana has announced that it will co-host a Hacker House event in Hong Kong with Web3 Harbour and InvestHK from October 24 to 26. This Hacker House event is one of five global Hacker House events Solana is hosting this year. The event will feature informative and educational activities centered around hot topics related to Solana. There will also be seminars, panel discussions, and speeches from industry leaders and ecosystem teams. Core engineers from the Solana Foundation and Solana Labs will also participate and engage in in-depth exchanges with developers on site.

According to PANews, SlowMist, a security firm, has issued a warning about malicious actors manipulating RPC links to display false USDT balances, deceiving users into believing they have received payments. The cunning aspect of such scams lies in exploiting the psychological weaknesses of users. Users often focus solely on whether funds have arrived, overlooking potential risks. Scammers take advantage of this trust and negligence, using credible strategies such as transferring small amounts of funds to deceive users. Therefore, the SlowMist security team advises users to remain vigilant during transactions, enhance their self-protection awareness, and maintain a skeptical attitude towards others to avoid economic losses.