Breaking: Uniswap Labs received a Wells Notice from the US SEC today. Uniswap founder Hayden Adams said the fight will last for years and may go all the way to the Supreme Court. UNI has fallen 13.4% in 24 hours and is now trading at $9.69. This may affect the development of the entire DeFi industry.

U.S. President Joe Biden said on Wednesday that he still expects to cut interest rates this year, but he said new data suggested that the rate cut may be delayed until later in the year. That could mean no rate cut before the November election.

American bitcoin mining machine company Auradine raised US$80 million in Series B financing, with participation from StepStone Group, Marathon Digital and others. The company was founded in 2022 and launched the Teraflux Bitcoin mining machine in November last year.

The United States announced that the unseasonally adjusted CPI annual rate in March was 3.5%, which was expected to be 3.40% and the previous value was 3.20%. The CPI in March was the highest since September 2023. Swaps markets showed that the likelihood of the Fed cutting interest rates in June declined.

CEX Data Report for March: Spot trading volume on major exchanges increased by a huge 134% month-on-month in March. Derivatives trading volume on major exchanges increased by 47% MOM in March. Read more

The United States announced that the unseasonally adjusted CPI annual rate in March was 3.5%, which was expected to be 3.40% and the previous value was 3.20%.

Two U.S. senators will introduce new stablecoin legislation, hoping to unleash the potential of cryptocurrencies, realize Bitcoin's original goal as a payment tool, allow non-depository institutions to issue stablecoins, and promote the safety and soundness of the industry.

Following the launch of Ethereum and BNB Chain, the stablecoin FDUSD will be expanded to the Sui blockchain. FDUSD is issued in accordance with Hong Kong's digital asset regulations. With the support of Binance, its market value is currently only lower than USDT, USDC and DAI.

WOOX announces its partnership with Wintermute and GMCI to launch three types of index perpetual contracts—GMCI 30, GMCI L2, and GMCI Memes. The GMCI 30 index covers the top 30 crypto assets by market capitalization, such as ETH, BTC, SOL, and BNB; the GMCI L2 index monitors leading Layer 2 blockchain technologies; and the GMCI Memes index tracks top Memescoin.

Binance will remove the following spot trading pairs and stop trading: BAKE/BNB, ID/TUSD, MBOX/BNB, OP/TUSD, RDNT/TUSD, UNI/BNB. Binance will also list CKB/USDC, ENA/USDC, ETHFI/USDC, YGG/USDC spot trading pairs.

On April 9, the total net outflow of Bitcoin spot ETFs was $19.48 million. Grayscale ETF GBTC had a net outflow of $154 million on a single day, and BlackRock ETF IBIT had a net inflow of $128 million on a single day.

The Hong Kong SFC urgently updated the list of virtual asset management funds in the early morning of April 10. It plans to announce the first list of Hong Kong’s four spot Bitcoin spot ETFs on April 15, according to tecentnews, and then the Hong Kong Stock Exchange will take about 2 weeks to prepare the product for release.

VanEck CEO Jan van Eck said that the Ethereum ETF is unlikely to be approved before the May deadline because unlike the approval process for Bitcoin ETFs, the U.S. SEC has not responded to documents submitted by potential issuers.

The Ethereum restaking protocols EigenLayer and EigenDA are officially launched on the Ethereum mainnet. As the first AVS to go online, EigenDA competes with protocols such as Celestia to provide data storage services. Eigen Labs raised $100 million from a16z last year.

The CEO of Marathon, the largest Bitcoin mining company, said that the market may have anticipated the Bitcoin halving to a certain extent. After the halving, this mining company can maintain profitability at $46,000 per Bitcoin.

The background of the UK government seizing 61,000 Bitcoins from a Chinese fraudster Read more

Wally Adeyemo, Undersecretary of the U.S. Treasury, issued an official statement claiming that Russia is increasingly turning to alternative payment mechanisms, including the stablecoin Tether, in an attempt to circumvent sanctions and continue to fund its war machine.

According to Arkham, at 21:25 UTC+8 on April 9, Grayscale transferred 4,141 BTC to the address of Coinbase Prime Deposit, worth approximately US$292 million.

Fortune：Monad Labs has completed a $225 million funding round led by Paradigm, with the funds going towards building an L1 blockchain to challenge competitors such as Solana and Sui. Monad will fully support EVM, with the goal of deploying its mainnet by the end of this year and launching a testnet in the coming months. Monad Labs currently has about 30 employees and plans to launch a native token.

Fortune：Thesis announced the launch of a Bitcoin L2 called Mezo after completing a $21 million Series A funding round led by Pantera Capital. The company stated in a loyalty program named "Proof of HODL" that holders can store idle bitcoins in Mezo, and the longer they store, the more "HODL score multipliers" they will receive.