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On April 13, Colossus reported that Hyperliquid founder Jeffrey Yan received a funding proposal based on an estimated valuation of around $1 billion, amounting to approximately $100 million, less than a year after the project's launch. However, after careful consideration, he ultimately chose to reject the investment terms. The report indicates that prior to and during the funding discussions, the team had been continuously self-funding operations, with the founder using personal funds each month to cover project costs. During the investor engagement period, Jeff communicated with several entrepreneurs and VCs about the nature and significance of fundraising but was never convinced that 'external capital could enhance its intrinsic value.' Ultimately, he informed the team on Monday that he would decline the funding proposal. Insiders described that team members managing funds were shocked by this decision, as several preparations had already been made around the financing. Jeff's core reasoning was that Hyperliquid is not a traditional company but rather an on-chain protocol that needs to maintain neutrality. He believed that introducing external equity capital could undermine the protocol's 'permissionless, neutral' positioning, conflicting with its long-term design goals. He previously stated that if Bitcoin had accepted VC funding in its early days, its 'narrative of neutrality' might have been weakened. Following this logic, he chose to maintain Hyperliquid's investor-free structure and continue supporting some operational expenses with personal funds. On January 28, 2024, he summarized the project's principles on social media: · No investors · No paid market makers · No fees charged to the development team (or the development team does not take fees) · No insiders (or privileged internal participants). This statement is also seen as a core note of Hyperliquid's 'extreme decentralization/decapitalization' approach.

[Hyperliquid Founder Rejected $1 Billion Valuation Funding Proposal, Sticking to 'No External Investment' Approach]On April 13, Colossus reported that Hyperliquid founder Jeffrey Yan received a funding proposal based on an estimated valuation of around $1 billion, amounting to approximately $100 million, less than a year after the project's launch. However, after careful consideration, he ultimately chose to reject the investment terms. The report indicates that prior to and during the funding discussions, the team had been continuously self-funding operations, with the founder using personal funds each month to cover project costs. During the investor engagement period, Jeff communicated with several entrepreneurs and VCs about the nature and significance of fundraising but was never convinced that 'external capital could enhance its intrinsic value.' Ultimately, he informed the team on Monday that he would decline the funding proposal. Insiders described that team members managing funds were shocked by this decision, as several preparations had already been made around the financing. Jeff's core reasoning was that Hyperliquid is not a traditional company but rather an on-chain protocol that needs to maintain neutrality. He believed that introducing external equity capital could undermine the protocol's 'permissionless, neutral' positioning, conflicting with its long-term design goals. He previously stated that if Bitcoin had accepted VC funding in its early days, its 'narrative of neutrality' might have been weakened. Following this logic, he chose to maintain Hyperliquid's investor-free structure and continue supporting some operational expenses with personal funds. On January 28, 2024, he summarized the project's principles on social media: · No investors · No paid market makers · No fees charged to the development team (or the development team does not take fees) · No insiders (or privileged internal participants). This statement is also seen as a core note of Hyperliquid's 'extreme decentralization/decapitalization' approach.

Hyperliquid Founder Rejected $1 Billion Valuation Funding Proposal, Sticking to 'No External Investment' Approach

HTX data showed that XLM fell below 0.15  USDT and is now at 0.149994 USDT, with a decrease of 1.05% in 24H.

[XLM fell below 0.15  USDT] HTX data showed that XLM fell below 0.15  USDT and is now at 0.149994 USDT, with a decrease of 1.05% in 24H.

XLM fell below 0.15  USDT

On April 13, President Trump announced that the United States will block ships entering and exiting Iranian ports at 10 AM Eastern Time on April 13. (Jin Shi)

[Trump: U.S. to Block Ships Entering and Exiting Iranian Ports on April 13 at 10 AM ET]On April 13, President Trump announced that the United States will block ships entering and exiting Iranian ports at 10 AM Eastern Time on April 13. (Jin Shi)

Trump: U.S. to Block Ships Entering and Exiting Iranian Ports on April 13 at 10 AM ET

On April 13, the Israeli Prime Minister's Office announced on the 12th that Prime Minister Netanyahu has appointed his current military secretary, Ronen Gofman, as the next head of the Israeli Intelligence and Special Operations Agency (Mossad). The Prime Minister's Office stated that Gofman's term will last for five years, and he will succeed the current Mossad director, David Barnea, whose term ends in June.

[Netanyahu Appoints New Head of Mossad]On April 13, the Israeli Prime Minister's Office announced on the 12th that Prime Minister Netanyahu has appointed his current military secretary, Ronen Gofman, as the next head of the Israeli Intelligence and Special Operations Agency (Mossad). The Prime Minister's Office stated that Gofman's term will last for five years, and he will succeed the current Mossad director, David Barnea, whose term ends in June.

Netanyahu Appoints New Head of Mossad

On April 13, reports from the UK indicated that following U.S. President Trump's announcement on social media about a blockade of the Strait of Hormuz, all shipping traffic in the strait has ceased. The blockade has reportedly lasted for several hours. Details show that prior to Trump's announcement of the 'blockade order,' the number of tankers passing through the Strait of Hormuz had slightly increased on the 11th. Although shipping volume in the strait decreased on the 12th, passage was still possible. However, 'after Trump announced the maritime blockade, all traffic seems to have stopped,' with at least two vessels that were originally exiting the strait having turned back. (CCTV News)

[Shipping Traffic in the Strait of Hormuz Completely Disrupted Again]On April 13, reports from the UK indicated that following U.S. President Trump's announcement on social media about a blockade of the Strait of Hormuz, all shipping traffic in the strait has ceased. The blockade has reportedly lasted for several hours. Details show that prior to Trump's announcement of the 'blockade order,' the number of tankers passing through the Strait of Hormuz had slightly increased on the 11th. Although shipping volume in the strait decreased on the 12th, passage was still possible. However, 'after Trump announced the maritime blockade, all traffic seems to have stopped,' with at least two vessels that were originally exiting the strait having turned back. (CCTV News)

Shipping Traffic in the Strait of Hormuz Completely Disrupted Again

According to monitoring by 1M AI News, Apple is developing a non-display smart glasses, internally codenamed N50, which is expected to debut in late 2026 or early 2027, with a formal release planned for 2027. Bloomberg reporter Mark Gurman disclosed detailed design information in the latest Power On newsletter. Apple's design team has created at least four frame styles and plans to launch some or all of the styles: 1. Large square frames, similar to Ray-Ban Wayfarers; 2. Narrow square frames, resembling the glasses worn by CEO Tim Cook; 3. Large round/oval frames; 4. Small round/oval frames. The frames are made from acetate material and will be available in colors including black, sea blue, and light brown. The camera features a vertically oriented oval design with an surrounding indicator light, visually distinguishing it from the circular camera of Meta Ray-Ban. Internally, Apple refers to the iconic design as 'icon', aiming for instant recognition similar to that of AirPods and Apple Watch. The functionality is positioned similarly to Meta Ray-Ban: taking photos and videos, making calls, playing music, and delivering notifications, with voice interaction enabled through an significantly upgraded Siri in iOS 27. Unlike Meta's reliance on EssilorLuxottica and Google's and Samsung's dependence on Warby Parker, Apple has opted for a fully in-house design for the frames. This eyewear is one of three product lines in Apple's AI wearable strategy, alongside new AirPods and a camera-equipped pendant device, all utilizing computer vision to perceive the user's environment and provide contextual information for Siri and Apple Intelligence. Gurman believes that while Apple is not a first mover, its brand, self-developed chips, and deep integration with the iPhone position it to replicate the path of the Apple Watch. However, there is a general consensus within Apple that achieving high-quality AR in lightweight glasses may not be realized until 2030.

[Apple's First Smart Glasses to Feature at Least Four Frame Styles, Set for 2027 Release]According to monitoring by 1M AI News, Apple is developing a non-display smart glasses, internally codenamed N50, which is expected to debut in late 2026 or early 2027, with a formal release planned for 2027. Bloomberg reporter Mark Gurman disclosed detailed design information in the latest Power On newsletter. Apple's design team has created at least four frame styles and plans to launch some or all of the styles: 1. Large square frames, similar to Ray-Ban Wayfarers; 2. Narrow square frames, resembling the glasses worn by CEO Tim Cook; 3. Large round/oval frames; 4. Small round/oval frames. The frames are made from acetate material and will be available in colors including black, sea blue, and light brown. The camera features a vertically oriented oval design with an surrounding indicator light, visually distinguishing it from the circular camera of Meta Ray-Ban. Internally, Apple refers to the iconic design as 'icon', aiming for instant recognition similar to that of AirPods and Apple Watch. The functionality is positioned similarly to Meta Ray-Ban: taking photos and videos, making calls, playing music, and delivering notifications, with voice interaction enabled through an significantly upgraded Siri in iOS 27. Unlike Meta's reliance on EssilorLuxottica and Google's and Samsung's dependence on Warby Parker, Apple has opted for a fully in-house design for the frames. This eyewear is one of three product lines in Apple's AI wearable strategy, alongside new AirPods and a camera-equipped pendant device, all utilizing computer vision to perceive the user's environment and provide contextual information for Siri and Apple Intelligence. Gurman believes that while Apple is not a first mover, its brand, self-developed chips, and deep integration with the iPhone position it to replicate the path of the Apple Watch. However, there is a general consensus within Apple that achieving high-quality AR in lightweight glasses may not be realized until 2030.

Apple's First Smart Glasses to Feature at Least Four Frame Styles, Set for 2027 Release

On April 13, Windward released its maritime intelligence daily report for April 12, indicating that currently, 172 oil tankers are en route to the U.S. Gulf Coast, reflecting a significant change in global crude oil flows. Windward's early detection analysis shows a 46% increase in the number of tankers arriving from Europe via the Northern Corridor, and a 132% increase in tankers arriving from Asia and the Gulf region via the Southern Corridor. This shift suggests that, amid the turmoil in the Strait of Hormuz, global crude oil flows are undergoing a broader rebalancing towards the United States, which is seen as a stabilizing anchor for pricing and exports.

[Global Crude Oil Transport Shifts Increasingly to the U.S. Gulf Coast]On April 13, Windward released its maritime intelligence daily report for April 12, indicating that currently, 172 oil tankers are en route to the U.S. Gulf Coast, reflecting a significant change in global crude oil flows. Windward's early detection analysis shows a 46% increase in the number of tankers arriving from Europe via the Northern Corridor, and a 132% increase in tankers arriving from Asia and the Gulf region via the Southern Corridor. This shift suggests that, amid the turmoil in the Strait of Hormuz, global crude oil flows are undergoing a broader rebalancing towards the United States, which is seen as a stabilizing anchor for pricing and exports.

Global Crude Oil Transport Shifts Increasingly to the U.S. Gulf Coast

On April 13, Cointelegraph reported that Telegram CEO Pavel Durov described WhatsApp's end-to-end encryption as a 'massive consumer fraud.' He pointed out that approximately 95% of private messages end up being stored in unencrypted backups on Apple and Google servers. Durov believes this situation puts users' privacy at risk, as despite WhatsApp's claims of end-to-end encryption during message transmission, the actual backup mechanism fails to ensure the complete encryption of user information. His remarks have sparked industry-wide attention regarding the privacy protection measures of mainstream messaging applications.

[Telegram CEO: WhatsApp's End-to-End Encryption is a 'Massive Consumer Fraud']On April 13, Cointelegraph reported that Telegram CEO Pavel Durov described WhatsApp's end-to-end encryption as a 'massive consumer fraud.' He pointed out that approximately 95% of private messages end up being stored in unencrypted backups on Apple and Google servers. Durov believes this situation puts users' privacy at risk, as despite WhatsApp's claims of end-to-end encryption during message transmission, the actual backup mechanism fails to ensure the complete encryption of user information. His remarks have sparked industry-wide attention regarding the privacy protection measures of mainstream messaging applications.

Telegram CEO: WhatsApp's End-to-End Encryption is a 'Massive Consumer Fraud'

On April 13, news emerged that on-chain analysis platform Glassnode has reported that the number of Bitcoin loss-making addresses has surpassed 13 million, reaching a recent high. This reflects a significant increase in holding pressure for investors during the market adjustment period.

[Glassnode Reports Bitcoin Loss-Making Addresses Exceed 13 Million]On April 13, news emerged that on-chain analysis platform Glassnode has reported that the number of Bitcoin loss-making addresses has surpassed 13 million, reaching a recent high. This reflects a significant increase in holding pressure for investors during the market adjustment period.

Glassnode Reports Bitcoin Loss-Making Addresses Exceed 13 Million

The CEO of Bitsonic, a virtual currency exchange, has been arrested and charged with fraud, forgery, and other crimes related to allegedly inflating the market price and trading volume of its own issued currency and stealing customer deposits. The Seoul Eastern District Prosecutors' Office Cyber Crime Investigation Department (led by Prosecutor Lee Hee-chan) announced on the 8th that they have arrested and charged Bitsonic's CEO, Shin Woo, with specific economic crimes punishable by law.

[Bitsonic CEO Arrested and Indicted for Inflating Coin Prices Through False Trades]The CEO of Bitsonic, a virtual currency exchange, has been arrested and charged with fraud, forgery, and other crimes related to allegedly inflating the market price and trading volume of its own issued currency and stealing customer deposits. The Seoul Eastern District Prosecutors' Office Cyber Crime Investigation Department (led by Prosecutor Lee Hee-chan) announced on the 8th that they have arrested and charged Bitsonic's CEO, Shin Woo, with specific economic crimes punishable by law.

Bitsonic CEO Arrested and Indicted for Inflating Coin Prices Through False Trades

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ETH fell below 2200  USDT

ETH broke through 2200  USDT

JPMorgan to Expand JPM Coin to Canton Network via Kinexys by 2026

Bitsonic CEO Arrested and Indicted for Inflating Coin Prices Through False Trades

Descargo de responsabilidad：El contenido anterior no representa las posiciones de HTX.，HTX no ofrece ninguna recomendación de trading.。

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