[Golden Finance News] Ethereum co-founder Vitalik recently made a statement on the Warpcast platform, questioning the naming of the decentralized betting platform ZKasino. He believes that ZKasino does not have any "ZK" (zero-knowledge proof) features, and is only named so because it exists on zksync. Vitalik reminded that "ZK" has become a mainstream buzzword and has even been used by criminals, and the industry should remain vigilant about this.

[Golden Finance Express] Boshi Funds (International) Co., Ltd. and HashKey Capital Limited have obtained formal approval from the Hong Kong Securities Regulatory Commission, and the two virtual asset spot ETFs they jointly applied for are about to be issued. The two companies will give full play to their respective expertise and ecological resources in the traditional financial and virtual asset industries to jointly promote the issuance of Bitcoin and Ethereum spot ETFs. This is an important integration of the blockchain industry and the traditional financial field, indicating that the mainstreaming process of virtual assets is accelerating.

Grayscale recently submitted documents to the U.S. Securities and Exchange Commission (SEC) to register a new Ethereum exchange-traded fund (ETF), Grayscale Ethereum Mini Trust (proposed code: ETH). The fund will be created through a spin-off to expand access to Ethereum in the United States and provide product options for investors and capital market allocators. Grayscale Chief Legal Officer Craig Salm said this will have a net positive impact on existing ETHE shareholders, who will maintain the same exposure to Ethereum and get the additional benefit of lower average fees for the two products. The launch of the two spot Ethereum ETFs and the spin-off and distribution of ETHE are awaiting regulatory approval.

【Blockchain News】1. Do Kwon appeals Montenegrin court's extradition decision. 2. Hong Kong Stock Exchange announces that virtual asset spot ETFs can be margin financed. 3. According to people familiar with the matter, FTX plans to auction SOL again this week in a blind auction format. 4. eToro partners with 21Shares to launch a new crypto smart portfolio. 5. UniSat is actively strengthening its detection mechanism for rune-related wallets and market issues. 6. Arthur Hayes predicts that money printing is about to accelerate and advises investors to boldly increase their positions in crypto assets. 7. Zetrix/MYEG signs a memorandum of understanding with MaiCapital to launch a virtual asset ETF. 8. There has been a significant change in Bitcoin buying patterns, with small retail investors making net purchases for 60 consecutive days. 9. The spot Bitcoin and Ethereum ETFs jointly issued by HashKey Capital and Bosera International will be open for trading on April 30.

#快讯# The Hong Kong Stock Exchange issued a notice to launch virtual asset spot exchange-traded funds, allowing margin financing, but it is subject to the risk management policy of exchange participants. In view of the high volatility of virtual asset spot exchange-traded funds, exchange participants need to be particularly cautious when providing margin financing for the purchase and sale of such products to customers, and comply with the SFC's guidelines on securities margin financing activities. This is a major step forward for the blockchain industry and a major opportunity for the market. We look forward to more innovation and development.

According to Arthur Hayes' article on Medium, although the cryptocurrency market has been volatile recently, investors should remain optimistic. He believes that as major economies around the world (the United States, China, the European Union, and Japan) continue to devalue their currencies to reduce the leverage of government balance sheets, the value of cryptocurrencies such as Bitcoin will be enhanced. In addition, he also pointed out that due to large-scale government spending and fiscal deficits, large-scale currency depreciation is expected in the future, which will further drive the rise of cryptocurrencies. Therefore, he recommends that investors appropriately increase their investment in cryptocurrencies in the current market environment.

【News】The combination of blockchain and artificial intelligence (AI) is seen as one of the hottest topics of this cycle. Traditionally, the field of AI is dominated by large companies, but the decentralization, transparency, and economic incentive principles of blockchain create a fair competitive environment for the development of AI technology. Currently, this synergistic benefit is being applied to different parts of the AI ​​stack, including distributed computing, decentralized AI model training and reasoning, zero-knowledge machine learning, and AI agents. For example, projects such as io.net, Akash, and Render are solving the problem of GPU supply shortages; projects such as Bittensor and Gensyn are promoting community-driven AI development; projects such as Giza and Modulus Labs are achieving the integrity of the machine learning process and the accuracy of the output; projects such as Autonolas and Morpheus are developing crypto-native AI agents that can autonomously execute complex DeFi strategies. Although hype is inevitable, the basic promise of the combination of blockchain and AI is clear-creating a fairer ecosystem for the development and use of AI technology.

[BitMEX co-founder Arthur Hayes: The time has come to invest in crypto assets] BitMEX co-founder Arthur Hayes recently expressed his opinion that the current time is a good time to invest in crypto assets, and suggested that investors boldly hold and increase their positions. Hayes predicts that 2024 will be a critical year, and presidential elections will be held in many major countries, especially the United States. He believes that in order to be re-elected, the ruling party may significantly increase government spending to create the illusion that the economy is not in recession. He pointed out that as long as the government can borrow at an interest rate lower than the nominal GDP growth rate, government spending will continue to increase, and the scale of money printing will be more exaggerated. Therefore, he suggested that investors take full advantage of the recent pullback in cryptocurrency prices and gradually build positions. He emphasized that unless the real interest rate turns positive, investors should remain optimistic and let the winners continue to run wild.

[News Flash] Grayscale, a digital asset investment management company, has submitted a registration statement for the Grayscale Ethereum Mini Trust to the U.S. Securities and Exchange Commission (SEC), which aims to hold Ethereum and provide investors with a more economical and efficient channel to invest in Ethereum. Tesla's first quarter 2024 financial report shows that its Bitcoin assets have not increased or decreased, and its holdings remain at 9,720. The U.S. SEC seeks opinions on BlackRock's revised spot Ethereum ETF proposal. Ethereum domain name service ENS integrates browser-compatible .box domain names. Cryptocurrency research institution K33 Research released a report saying that the bankrupt cryptocurrency exchange Mt.Gox is preparing to distribute approximately 142,000 bitcoins and 143,000 bitcoin cash to creditors, with a total value of more than $9 billion. According to Bitcoin Magazine analysis, Bitcoin is ready to usher in a continuation of the bull market after the halving. The probability that the Federal Reserve will keep interest rates unchanged in May is 95.9%.

[Blockchain News | Overview of Important Dynamics on April 24] 21:00-7:00 Keywords: Tesla, Franklin, ETF, Turnkey. 1. The Bitcoin developer community welcomes 5 new BIP editors; 2. Tesla's Bitcoin holdings remained stable in the first quarter, with no increase or decrease; 3. Kinto Lianchuang believes that RWA is a huge opportunity worth trillions of dollars; 4. Franklin Bitcoin ETF applies to adjust the cash subscription deadline; 5. Two US crypto companies questioned the SEC's new "dealer" rules and filed a lawsuit; 6. The US SEC suspends the decision to convert Grayscale Ethereum Trust into an ETF; 7. The BRICS countries are studying the creation of crypto stablecoins for global trade settlement; 8. The US SEC publicly solicits opinions on BlackRock's revised spot Ethereum ETF proposal; 9. Brazilian digital bank Nubank began to support deposits and withdrawals of Bitcoin, Ethereum and Solana; 10. Crypto wallet developer Turnkey successfully raised $15 million in funds, led by Galaxy Ventures.

[Golden Finance News] It is reported that Grayscale Ethereum Trust plans to be listed on the NYSE Arca with the trading code "ETHE". This move marks the further enhancement of Ethereum's position in the mainstream financial market and provides more investment options for investors. We look forward to the performance of Grayscale Ethereum Trust on the NYSE and are full of confidence in the future development of Ethereum.

[Breaking News] According to Golden Finance, the U.S. Securities and Exchange Commission (SEC) is publicly soliciting opinions on the revised version of the spot Ethereum exchange-traded fund (ETF) proposed by BlackRock. BlackRock submitted the ETF application in November 2023, with the goal of tracking the price performance of Ethereum. The SEC postponed its decision on the proposal in January, and accepted Nasdaq's revisions on April 19. The revised document details the creation and redemption process of the ETF. The SEC requires comments to be submitted within 21 days, and the submitted comments will be made public on the SEC's official website.

[Golden Finance News] The U.S. Securities and Exchange Commission (SEC) recently decided to postpone the approval of Grayscale Ethereum Trust's transformation into an exchange-traded fund (ETF). This decision has attracted widespread attention in the market. Although the decision has been postponed, we remain optimistic and expect the SEC to make a decision that is conducive to market development in the near future. We will continue to pay attention to the latest developments of this matter and report to you in a timely manner. Please keep an eye on it and invest rationally.

[Golden Finance News] Brazilian digital bank Nubank recently announced that its customers can now deposit and withdraw cryptocurrencies such as Bitcoin, Ethereum and Solana through the Nubank app. Nubank said it will further expand support for more tokens in the future. This is an important integration of digital banking and the cryptocurrency field, heralding the further integration of traditional finance and blockchain technology.

[DeFi & NFT Data News] The total market value of DeFi tokens reached US$91.644 billion, the 24-hour decentralized exchange trading volume was US$3.669 billion, and the locked assets in DeFi were US$94.178 billion. The total market value of NFTs was US$50.229 billion, and the 24-hour trading volume was US$3.084 billion. [DeFi Hotspot] Metis launched the second phase of the decentralized sorter, supporting artMETIS through staking. Renzo token distribution plan: 10% for airdrops. Velvet Capital, a DeFi asset management protocol supported by Binance Labs, temporarily closed its website due to abnormal activities. EigenLayer TVL exceeded US$15 billion. The mainnet of Malaysia's L1 project MasChain was officially launched. [NFT Hotspot] Ordinals developers predict the evolution of Runes, and Magic Eden launches a Bitcoin rune platform. [Game Hotspot] The blockchain game union GuildFi changed its name to Zentry and launched a new token ZENT. Base Ecosystem blockchain game Fren Pet will release a new version on April 26.

[News] Bitcoin's new protocol Runes has sparked heated discussions, and its function of minting homogeneous tokens on Bitcoin has attracted much attention since its launch. With the advent of Bitcoin halving, the launch of Runes has brought about a historic shift, with the transaction fees generated by miners in a single day exceeding the block reward for the first time. In addition, after Bitcoin successfully carried out its fourth halving, the Stacks Nakamoto upgrade is highly anticipated. In the DeFi field, DEX based on the AMM model has developed rapidly, but its problems of high gas fees, unsuitability for large transactions and poor user experience remain to be solved. The order book model is considered to be the future of decentralized trading because of its flexibility, high capital efficiency and the ability to implement various complex trading strategies through APIs. At the same time, the Blast network is about to conduct an airdrop, and the strength of its ecosystem will determine the future direction of the project.

Binance announced that it will launch the 53rd new coin mining project on April 24, 2024. Users can use BNB and FDUSD to mine Renzo (EZ). Renzo is EigenLayer's liquidity re-pledge protocol and strategy manager. It aims to become the main entry/exit for Ethereum re-pledge, using a combination of smart contracts and operator nodes to ensure the best risk/reward re-pledge strategy. Renzo was established to promote the widespread adoption of EigenLayer. The mining activity will last for 6 days. The maximum supply of EZ is 10 billion, the initial circulation is 1.05 billion, and the total mining amount is 250 million.

[The total value of liquidity re-pledge agreements exceeds 100 billion US dollars, and Renzo TVL leads the growth] According to DefiLlama data, the total locked value (TVL) of liquidity re-pledge agreements has exceeded 100 billion US dollars, and is currently 10.119 billion US dollars. Among them, the top five agreements in TVL include: ether.fi's TVL is 3.8 billion US dollars, an increase of 8.40% in 7 days; Renzo's TVL is 3.306 billion US dollars, an increase of 12.09% in 7 days, leading the growth; Puffer Finance's TVL is 1.32 billion US dollars, an increase of 11.83% in 7 days; Kelp DAO's TVL is 801 million US dollars, an increase of 8.42% in 7 days; Swell's TVL is 374 million US dollars, an increase of 8.51% in 7 days. This data shows that the market size of liquidity re-pledge agreements is expanding rapidly.

#Celo project developers have chosen OP Stack as the infrastructure for their migration to Ethereum after nine months of deliberation. If the community vote is successful, the Layer 2 testnet will be launched in the summer of 2024. Celo's Layer-1 went live on the mainnet on Earth Day 2020, focusing on global financial inclusion and environmental health. Layer 1 is compatible with the Ethereum Virtual Machine (EVM), which means Ethereum smart contracts can run on Celo. cLabs hopes that Celo's Layer 2 will retain some of the features of Layer 1, such as single-block finality, which helps transactions settle quickly and prevent chain rollbacks or reorganizations. If the migration is successful, Optimism will add another well-known client to its so-called Layer 2 superchain.

[Breaking News] Jonathan Hargreaves, global growth director of Web3 ecosystem Elastos, said that the value of Bitcoin should go beyond its price. He believes that the value of Bitcoin is related to factors such as gas fees, currency security level, and transaction costs. Bitcoin Layer 2 technology will make it possible for unused Bitcoin to be staked, which will create another standard for measuring the value of Bitcoin. Hargreaves emphasized that the true test of any currency is its practicality, and Bitcoin is taking steps towards becoming easier to use. He concluded that the true value of Bitcoin is "priceless."