Large HYPE Purchase Initiated on Hyperliquid Platform
According to ChainCatcher, market sources indicate that after HYPE rebounded to around $40, a significant whale with the address starting 0x66f on the Hyperliquid platform has initiated a large-scale purchase of HYPE. The whale has placed two buy orders using the TWAP (Time-Weighted Average Price) method, totaling approximately 250,000 HYPE, valued at around $10.1 million. As of the time of reporting, one of these orders is nearly completed. There is still about $4 million worth of HYPE planned for purchase over the next seven hours at the address 0x66f463866512fc337c89bad2032acbe38ee38836.
Prediction market ETFs are expected to officially launch next week, according to ChainCatcher. Bloomberg ETF analyst James Seyffart revealed that Roundhill has submitted the relevant application documents, with the effective date set for May 5. The initial prediction market ETFs will focus on the election outcomes of whether the U.S. Democratic or Republican Party will control the House of Representatives or the Senate.
BitMine Increases Ethereum Staking with Significant Addition
BitMine has recently staked 107,992 ETH, valued at $248 million, according to Foresight News. This latest transaction brings BitMine's total staked Ethereum to 3,923,389 ETH, worth approximately $8.98 billion.
CFTC Develops AI Tools for U.S. Crypto Market Oversight
The Commodity Futures Trading Commission (CFTC) is advancing its use of artificial intelligence to enhance the review of registration applications and monitor trading in the U.S. crypto market. According to Odaily, CFTC Chairman Mike Selig highlighted the agency's efforts in an interview with CoinDesk, noting that AI and automation are being leveraged to address staffing reductions exceeding 20% due to federal government layoffs. Employees are currently being trained on Microsoft Copilot, and the CFTC is developing internal tools for swap data review and market surveillance. Selig also emphasized the significance of the joint digital asset classification guidelines released with the Securities and Exchange Commission (SEC), which aim to provide regulatory clarity for market participants. In the realm of prediction markets, Selig reaffirmed the CFTC's exclusive jurisdiction and stressed the agency's commitment to enforcing actions against violations such as insider trading.
Strategy's STRC Preferred Stock Gains Momentum with $8.5 Billion Notional Value
Michael Saylor has announced that Strategy's STRC preferred stock has achieved a notional value of approximately $8.5 billion within nine months, describing its growth as "going viral." According to NS3.AI, Saylor highlighted that Strategy data indicates STRC has financed the acquisition of around 77,000 BTC in 2026 year-to-date. He also noted that approximately 80% of STRC holders are retail investors.
LayerZero Labs Commits 10,000 ETH to Boost DeFi United Liquidity
LayerZero Labs has pledged over 10,000 ETH to support DeFi United, according to NS3.AI. The company announced it will donate 5,000 ETH and deposit an additional 5,000 ETH into the Aave market. This initiative aims to enhance liquidity and deepen GHO liquidity.
Binance Announces Upcoming Live Streaming Sessions Focused on Trading Strategies
Binance announced on X that a series of live streaming sessions will be held from April 29 to May 3, featuring various trading experts sharing their insights and strategies. These sessions aim to provide valuable information to traders looking to enhance their skills and understanding of market dynamics.
The lineup includes FF DAO, who will host 'Real Trading Impact' on Wednesday at 13:00. This session will focus on live trading tutorials and strategies that have propelled FF DAO to the top three of Binance's profit leaderboard, currently holding the 11th position. Later on Wednesday, at 20:00, Cang Shen will present 'Battle with the Fed,' offering an in-depth analysis of institutional thinking and contrarian strategies that may not resonate with everyone but are deemed highly practical.
Following this, Ying Ge will lead 'Hammering the Fed' at 22:00, discussing how to achieve tenfold returns through strategic positioning and point analysis. On Thursday, at 10:30, the session 'How to Judge Peaks and Bottoms' will be hosted by the Crypto Godfather, focusing on identifying market highs and lows and responding to sudden market changes. At 16:00, Ba Fang Ge will present 'Trading Structure,' aimed at teaching participants how to avoid losses and achieve results through systematic learning.
Finally, Ethan Wen Zuan U Ge will host 'Live Trading' on Thursday at 18:50, providing guidance on navigating opening trades with a clear strategy. These sessions are designed to offer practical trading insights and are open for registration to become a Binance Square host.
Litecoin Resolves Chain Split with f2pool's Assistance
Litecoin successfully addressed a temporary chain split with the help of f2pool, which remained on the valid chain and facilitated a 13-block chase. According to NS3.AI, the issue arose due to invalid MWEB transactions on 2026-04-25. The situation concluded with a natural reorganization back to the correct chain starting from block 3,095,931.
UAE Quits OPEC and OPEC+ Effective May 1, Threatening Cartel Unity as Oil Price Outlook Turns Bearish
Key Takeaways The United Arab Emirates has announced its withdrawal from OPEC and OPEC+ effective May 1, a surprise move that could destabilize the organization's unified production strategyThe exit follows the UAE's frustration with other Arab states over insufficient protection during repeated Iranian attacks and comes amid the broader US-Israel-Iran conflictNordea Bank analyst Jan von Gerich says the UAE's desire to produce more oil is a bearish factor for crude prices, adding that a post-conflict OPEC will struggle to control oil markets as it has historicallyAbu Dhabi Commercial Bank chief economist Monica Malik said the move opens the door for the UAE to capture global market share and is broadly beneficial for consumers and the global economyThe development is seen as a significant win for President Trump, who has publicly accused OPEC of price manipulation and linked US military support for Gulf states to oil pricing behavior The United Arab Emirates has announced it will withdraw from both OPEC and the broader OPEC+ alliance effective May 1, delivering a potentially destabilizing blow to the world's most influential oil production cartel at a moment when energy markets are already under intense stress from the US-Israel-Iran conflict. The announcement, reported by Jinshi on April 28, marks one of the most significant ruptures in OPEC's membership in years. The UAE has been a long-standing and influential member of the organization, and its exit strips the cartel of one of the Gulf's largest producers at a time when OPEC is already navigating extraordinary geopolitical and market pressures. Why the UAE Is Leaving The withdrawal reflects a convergence of geopolitical frustration and economic self-interest. The UAE has grown increasingly critical of fellow Arab states for what it views as inadequate measures to protect it from repeated Iranian attacks during the ongoing conflict. The breakdown in Arab solidarity appears to have accelerated a decision that analysts suggest may have been building for some time. On the economic front, the UAE has long chafed under OPEC production quotas that restrict its ability to monetize its substantial oil reserves. A departure from the cartel frees Abu Dhabi to set its own production levels and pursue aggressive market share expansion -- particularly attractive as the UAE anticipates a post-conflict normalization of geopolitical tensions that could reshape global energy flows. Bearish Signal for Oil Prices Analysts broadly interpreted the news as a negative development for crude prices. Jan von Gerich, analyst at Nordea Bank, said the UAE's desire to increase production is a direct bearish factor for oil markets. He added a more structural warning: "Once the conflict with Iran ends, OPEC will no longer be able to control oil prices as it has in the past" -- a statement that calls into question the cartel's long-term relevance as a price-setting mechanism. Monica Malik, chief economist at Abu Dhabi Commercial Bank, framed the move in consumer-friendly terms. The withdrawal opens the door for the UAE to gain global market share following a normalization of tensions, she said, adding that the development "should be beneficial for consumers and the broader global economy" -- a direct reference to the inflationary impact of elevated energy prices on household spending and central bank policy worldwide. Trump's Biggest Win Yet? The geopolitical dimension of the UAE's exit is hard to overstate. President Trump has been vocally critical of OPEC, accusing the organization of "blackmailing the rest of the world" by artificially inflating oil prices and explicitly linking US military protection of Gulf states to their pricing behavior. The UAE -- one of Washington's most important regional allies and a major hub for US military operations in the Middle East -- effectively aligning with Trump's anti-OPEC position by exiting the cartel represents a significant diplomatic and economic victory for the administration. Implications for Crypto and Risk Assets A bearish turn in oil prices would represent a meaningful macro tailwind for Bitcoin and broader risk assets. Elevated crude prices have been one of the primary inflationary pressures keeping the Fed in a higher-for-longer posture and capping risk appetite through April. If the UAE's exit and anticipated production increases drive oil prices lower following a ceasefire, the resulting easing of inflation expectations could accelerate the path to Fed rate cuts -- a historically supportive backdrop for Bitcoin and high-beta assets.
Solana's NUPL Decline and Rising Activity Highlighted in Fidelity Report
Fidelity Digital Assets has reported that Solana's Net Unrealized Profit/Loss (NUPL) has decreased to -0.67, a level historically associated with a median one-year return of 516%, according to its Q2 2026 Signals Report. According to NS3.AI, Fidelity cautioned that this historical pattern may not necessarily repeat, as the one-year result is derived from only 10 observations. Additionally, Fidelity noted a 50% increase in monthly active addresses during Q1 2026, alongside a rise in the 30-day average stablecoin transfer value to $7.2 billion.
South Korea Prepares for Cryptocurrency Tax Filings Starting 2027
South Korea's National Tax Service is gearing up for the implementation of cryptocurrency tax filings, which will impose a 22% tax on annual virtual asset profits exceeding 2.5 million won. According to NS3.AI, under the current Income Tax Act, income derived from the transfer or lending of virtual assets will be subject to taxation beginning January 1, 2027. The initial tax filings are slated for May 2028. This tax regulation is anticipated to impact approximately 13.26 million virtual asset investors, as indicated by Upbit's cumulative member count recorded last December.
Morgan Stanley's Bitcoin ETF Entry Sparks Debate on Crypto Market Impact
Morgan Stanley's recent entry into the U.S. spot Bitcoin ETF market is seen by some observers as a potential catalyst to end the current crypto bear market, due to the firm's extensive $8 trillion wealth advisor network. According to ChainCatcher, Blockstream CEO and early Bitcoin community contributor Adam Back expressed skepticism about the immediate impact of this development.
Back, who was recently speculated by The New York Times to be Bitcoin's anonymous founder Satoshi Nakamoto—a claim he denies—emphasized that while the Bitcoin ETF represents a significant market signal, its influence may unfold more slowly than anticipated. He noted that institutional adoption tends to be gradual, and although ETFs have been purchased, fund managers have yet to allocate the suggested 2% to 4% in general stock portfolios, as advised by BlackRock.
Back explained that the process of building positions might take a year or even 18 months, as investors are unlikely to rush in overnight. He also highlighted the importance of considering Bitcoin's four-year halving cycle, which could still lead to price declines despite some commentators suggesting the cycle is breaking. The expectation of the cycle's occurrence often leads to selling, reinforcing its impact.
Regarding recent discussions on the potential threat of quantum computing advancements to Bitcoin cryptography, Back noted that institutions are more systematic in risk management, focusing on tail risks, while retail investors view it as a distant future concern.
Ethereum Price Movements Could Trigger Significant Liquidations
Ethereum's price fluctuations could lead to substantial liquidations on major centralized exchanges. According to ChainCatcher, data from Coinglass indicates that if Ethereum's price falls below $2,197, the cumulative liquidation of long positions could reach $929 million. Conversely, if Ethereum surpasses $2,407, the liquidation of short positions could total $605 million.
TSMC Sells Remaining Arm Holdings for $231 Million
TSMC announced on April 29 that it has sold its remaining shares in Arm. According to Jin10, TSMC Partners sold 1.11 million shares of Arm at $207.65 per share between April 28 and 29, totaling approximately $231 million. This sale impacted retained earnings by $174 million. Following this transaction, TSMC no longer holds any Arm shares. TSMC initially invested around $100 million in Arm during its 2023 IPO at $51 per share, alongside other strategic investors. Subsequently, TSMC gradually reduced its holdings, selling 850,000 shares in 2024 at $119.47 per share, realizing about $102 million.
AI TRENDS | Musk Accuses OpenAI of Charity Exploitation, OpenAI Counters with Power Grab Allegations
A legal battle over control of OpenAI has commenced, with Elon Musk accusing the organization of exploiting charitable intentions. According to Jin10, Musk has framed the case as a question of whether a charity has been plundered. In response, OpenAI has countered by alleging that Musk seeks to seize the 'keys to the kingdom.' The presiding judge has instructed both parties to refrain from using social media to sway public opinion.
AI TRENDS | Ant Group Unveils Ling-2.6-flash Commercial Model
Ant Group has announced the launch of its Ling-2.6-flash commercial model, LingDT-2.6-flash. According to Foresight News, this model emphasizes 'Token efficiency,' offering a 90% reduction in Token consumption compared to models with similar parameters during evaluation tasks. The model is designed to cater to large-scale deployments in real-world business scenarios.
CleanSpark CEO Discusses AI Data Center Transition Costs
Bitcoin mining company CleanSpark's CEO, Matt Schultz, highlighted significant cost increases associated with upgrading mining facilities to AI data centers at the 'Bitcoin 2026' conference. According to Foresight News, Schultz noted that the cost per megawatt has surged from approximately $500,000 to between $10 million and $12 million. Additionally, staffing requirements have increased from about one person per 10 megawatts to around eight people. Schultz warned the industry against focusing solely on short-term stock price boosts from contract announcements, as leading cloud providers impose stringent lease terms. Delays in delivery could result in losing an entire year's contract revenue. CleanSpark initially utilizes Bitcoin mining to consume local surplus electricity, aiding power companies in monetizing idle capacity. After establishing partnerships, the company transitions to building AI data centers. This strategy enabled CleanSpark to outbid a trillion-dollar tech giant for a 100MW project in Cheyenne, Wyoming. Schultz emphasized that Bitcoin mining's interruptible nature allows it to fill power gaps during AI data centers' low-demand periods, assisting power grids in managing renewable energy fluctuations. This makes Bitcoin mining an ideal partner for power companies.
Zaheer Ebtikar, founder of Split Research, has indicated that Bitcoin sellers concerned about macroeconomic uncertainties have already left the market. According to NS3.AI, this has led to a reduction in selling pressure. Ebtikar noted that Bitcoin is currently trading within a stable price range.
Starknet to Launch Privacy Bitcoin Asset strkBTC in May 2026
Starknet Foundation's Vice President of Growth, Damian Chen, announced at the 'Bitcoin 2026' conference that the privacy-focused Bitcoin asset, strkBTC, will officially launch on May 12. According to Foresight News, strkBTC is designed to maintain a 1:1 peg with Bitcoin and is governed through a multi-signature approach involving UTXO, Twinsnake, Luganodes, and Xverse, with a third-party asset screening mechanism to prevent prohibited or sanctioned assets from entering the privacy pool.
Once users transfer Bitcoin across chains to Starknet, it enters a privacy pool where all transactions and transfers are completely invisible to external observers. During withdrawal, users can opt to send funds to one or multiple new addresses, with external observers only able to see funds entering the bridge contract and exiting the cross-chain contract, without tracking the intermediate paths. The privacy pool employs cryptographic credential mechanisms, allowing users to hold view keys that decrypt their transaction records, which can be presented to tax authorities or law enforcement for compliance audits.
Chen highlighted that personal attacks on crypto holders increased by 75% in 2025 compared to the previous year, with France experiencing 41 crypto-related kidnapping cases this year. AI tools can now associate on-chain addresses with real identities at a cost of just a few dollars within seconds, achieving 90% accuracy. Current privacy options, such as privacy coins, centralized exchange coin mixing, and mixers, have significant flaws. He stated that strkBTC is currently a trusted wrapped asset, with plans to upgrade to a trustless bridge implemented by BitVM, aiming for native Bitcoin verification on Starknet after completing STARK verification. Additionally, the team is exploring the possibility of making strkBTC resistant to quantum attacks, with specific plans to be announced soon.
AI TRENDS | Anthropic Launches Connectors for Creative Tools
Anthropic has announced the release of a series of connectors for its AI model, Claude, in collaboration with partners such as Blender, Autodesk, Adobe, Ableton, and Splice. According to Foresight News, these connectors integrate with various creative tools across fields like 3D modeling, graphic design, music production, and live visuals. This development allows Claude to operate directly within the software commonly used by creative professionals.
Ethereum ICO Address Moves 10,000 ETH After 11 Years of Dormancy
An Ethereum ICO address, which had remained inactive for approximately 11 years, recently transferred 10,000 ETH, valued at $22.88 million. According to NS3.AI, this movement has sparked interest in the cryptocurrency community, as such long periods of inactivity followed by significant transfers are rare. The identity behind the address remains unknown, adding to the intrigue surrounding this transaction.
STOCKS | Major Tech Companies Set to Release Earnings Reports This Week
This week marks a significant period for U.S. stock markets as major tech companies prepare to release their earnings reports. According to PANews, Microsoft, Google, Amazon, and Meta are scheduled to announce their financial results after the market closes on April 29. Apple will follow with its latest performance report after the market closes on April 30.
Tether CEO Unveils The Resilience Stack at Bitcoin 2026 Conference
Tether CEO Paolo Ardoino introduced The Resilience Stack at the Bitcoin 2026 conference. According to Foresight News, this infrastructure system integrates Tether's peer-to-peer communication protocol Holepunch, decentralized communication app Keet, open-source self-custody wallet toolkit WDK, and local AI development platform QVAC. The initiative aims to provide essential financial and communication services to underserved communities. Ardoino announced that Keet, previously not open-source, will be made open-source, with documentation and modules currently in preparation.
Additionally, Tether launched a Bitcoin faucet today. Users can receive a small amount of Bitcoin instantly via the Lightning Network by downloading the Tether wallet app and responding to a Tether Wallet tweet as instructed.
Polymarket Allegedly Hacked, Over 300,000 Records Exposed
PANews posted on X (formerly Twitter). According to @DarkWebInformer, Polymarket has reportedly been hacked, resulting in the exposure of over 300,000 records and a vulnerability toolkit being shared on a cybercrime forum. The attackers claim that the data was accessed on April 27, 2026, through undocumented API endpoints, pagination bypass, and CORS misconfigurations. The leaked information includes approximately 10,000 user identities, 41,000 comments, 485,000 market metadata entries, 250,000 active CLOB market data, and some addresses of event submitters and resolvers. Additionally, the attackers released several proof-of-concept codes for the vulnerabilities and noted that Polymarket lacks a bug bounty program and was not notified in advance.
Michael Saylor Envisions Bitcoin's Future Value at $10 Million
PANews posted on X (formerly Twitter). During his speech at the Bitcoin Conference 2026, Michael Saylor shared his ultimate vision for Bitcoin, predicting a future value of $10 million per coin. He envisions a $200 trillion Bitcoin network that serves as a digital banking platform for one billion people worldwide. Saylor believes that Bitcoin's future role will extend beyond a 'buy and hold' asset, becoming the foundational collateral for a digital credit system that integrates stablecoins, crypto tokens, and traditional capital markets.
White House Considers New Guidelines to Ease Tensions with Anthropic
The White House is reportedly drafting guidelines that would allow agencies to bypass supply chain risk assessments for Anthropic and introduce new models, including Mythos. According to Jin10, a draft executive measure is being prepared to offer the government a way to mitigate conflicts with Anthropic. A source described the White House's efforts as a means to save face while bringing them back into cooperation. Earlier this month, White House Chief of Staff Wiles and Treasury Secretary Besant met with Anthropic CEO Dario, with both parties calling the initial talks productive and discussing potential collaboration between the company and the government. This week, the White House is convening industry companies to provide input on potential executive actions and best practices for deploying Mythos. These meetings include a 'test reading' of possible guidance documents that may retract the Office of Management and Budget's previous directive prohibiting government use of Anthropic.
DWS Group Reports Slowed Net Inflows Amid Global Market Volatility
On April 29, DWS Group, the asset management arm of Deutsche Bank, reported a slowdown in net inflows for the first quarter due to market volatility triggered by the Iran conflict. According to Jin10, the long-term net inflows for the three months ending in March amounted to €6.6 billion, down from €8 billion in the previous quarter and €11.7 billion in the same period last year. DWS noted that after a 'robust' start to the year, the geopolitical environment significantly worsened since late February, increasing uncertainty and volatility, which pressured markets, energy prices, and inflation, challenging positive momentum. The €6.6 billion inflow is only half of the quarterly average needed for DWS to meet its target of attracting over €160 billion in inflows from 2026 to 2028. The company's assets under management grew by 0.7% quarter-on-quarter to €1.09 trillion.
China's major stock indices experienced an upward trend after the market opened. According to Odaily, the Shanghai Composite Index increased by 0.49%, nearing the 4,100-point mark. Currently, 100 stocks have hit their daily limit up. Leading the gains are sectors such as battery industry chains, rare earth magnets, photovoltaic equipment, phosphorus chemicals, media, and precious metals.
AI TRENDS | U.S. White House Plans to Resume Collaboration with Anthropic, Axios Reports
The U.S. White House is reportedly planning to resume its collaboration with Anthropic, according to Axios. This move comes as part of ongoing efforts to enhance technological partnerships and innovation in the AI sector. Anthropic, known for its advancements in artificial intelligence, has been a key player in the industry, and the renewed collaboration is expected to foster further developments in AI technologies. Details of the collaboration have not been disclosed, but it signifies a continued commitment to leveraging AI for strategic purposes.
As Powell Nears End of Term, Traders Bet He’ll Begin April Presser With “Good Afternoon”
According to Odaily, the probability of U.S. Federal Reserve Chair Jerome Powell saying 'Good Afternoon' at his April press conference has risen to 98.3% on Polymarket. The event's total trading volume has reached $57,749.Powell is set to hold a monetary policy press conference in April, which is considered a significant event as his term is due to end in mid-May. Historically, Powell has consistently greeted the media with 'Good Afternoon' at the start of each conference. Despite the current high-interest rate environment, traders have shown strong consensus on this customary phrase.
Oil Prices May Rise Further Amid Hormuz Strait Disruptions, Analyst Says
Phillip Nova's Priyanka Sachdeva stated in a report on April 29 that if maritime transport through the Hormuz Strait continues to be disrupted, oil prices could rise further. According to Jin10, such disruptions may increase market expectations of tightening supply. She noted, 'Looking ahead, the market's focus may remain on supply dynamics and geopolitical signals from the Gulf region.'
Australia's First Quarter CPI Matches Expectations at 1.4%
Australia's Consumer Price Index (CPI) for the first quarter recorded a quarterly growth rate of 1.4%, aligning with market expectations, according to Jin10. The previous quarter's CPI was 0.6%, indicating a significant increase in inflationary pressures during the first quarter.
UBS: Market Resilience Amid Middle East Diplomatic Solutions
UBS has noted that expectations for diplomatic solutions in the Middle East are contributing to market resilience. According to Jin10, the anticipation of peaceful resolutions in the region is helping to stabilize market conditions. This outlook comes as geopolitical tensions continue to influence global financial markets.
Australia's Consumer Price Index (CPI) for March showed a month-on-month increase of 1.1%, according to Jin10. This figure was below the anticipated 1.3% and followed a previous value of 0%.
Dunamu Partners with Hana Financial and POSCO for Blockchain Integration
Dunamu has entered into a memorandum of understanding (MOU) with Hana Financial Group and POSCO International to integrate GIWA Chain with Hana Financial Group's foreign exchange network and POSCO International's global supply chain. According to NS3.AI, this collaboration aims to facilitate real-world fund flows, including the implementation of a real-time overseas remittance service on the GIWA Chain. The partners also intend to conduct technical verification to transition from the SWIFT network to the GIWA Chain blockchain.
Strategy Proposes Increased Frequency for STRC Dividend Payments
Strategy has proposed a change to its STRC dividend payment schedule, suggesting a shift from monthly to bi-monthly distributions. According to ChainCatcher, shareholders are now able to vote on this amendment.
Israel is set to accept a limited agreement with Lebanon, according to a report by Xinhua News. According to Foresight News, the report was initially published by The Jerusalem Post, highlighting the ongoing diplomatic efforts between the two nations.
Binance to Update Collateral Ratios and Leverage Tiers in May 2026
According to the announcement from Binance, significant updates to collateral ratios and leverage tiers are scheduled for May 1, 2026. These changes will affect various assets under the Portfolio Margin and PM Pro categories. The collateral ratio for assets such as STX, APT, CFX, GRT, MANA, SUSHI, TIA, W, WLD, ZRO, and ASTER will be adjusted from 40% to 30%, with ASTER seeing an increase from 10% to 30%. These adjustments are set to take place at 06:00 (UTC) and are expected to be completed within 30 minutes.
In the PM Pro category, the collateral ratio for INJ will be modified across different rank floors and caps. For instance, the collateral ratio for positions between $800,000 and $1,200,000 will decrease from 100% to 95%, while positions between $1,200,000 and $2,000,000 will see a reduction from 95% to 75%. These changes are designed to optimize the trading environment and risk management for users.
Additionally, Binance Futures will update the leverage and margin tiers for several USD-M Perpetual Contracts, including ZENUSDT, EIGENUSDT, 0GUSDT, SUSDT, AUSDT, GALAUSDT, FFUSDT, and EIGENUSDT. The updates will occur at 06:30 (UTC) and are expected to be completed within an hour. Users with existing positions should be aware that these changes may affect their current leverage and margin settings, potentially leading to the expiration of futures running grids. It is advised that users adjust their positions accordingly to avoid any potential liquidation or losses. The collateral ratio changes will also impact the Unified Maintenance Margin Ratio (uniMMR), necessitating close monitoring by users to manage their risk effectively.
OpenAI Takes Action Against Misuse of Tools for Violence
OpenAI has announced that it actively monitors the use of its tools to prevent potential misuse for violent purposes. According to Jin10, the organization stated that when it identifies attempts to use its technology for planning or executing violence, it takes decisive measures, including revoking access to its services. This policy underscores OpenAI's commitment to ensuring the responsible use of its artificial intelligence technologies.
QNT Reserve Pool Suffers Attack Due to EIP-7702 Design Flaw
A QNT reserve pool has been attacked, resulting in the loss of 1,988.5 QNT tokens, according to Odaily. The attack stemmed from a design flaw in the EIP-7702 account, where the pool's administrator identity was held by an address that delegated its code to the BatchExecutor contract. The BatchExecutor authorized the BatchCall contract as a caller without permission control, and the BatchCall.batch function lacked permission checks. This allowed the attacker to exploit the vulnerability and extract tokens from the pool.