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On April 17, the Ethereum Foundation announced that its funded Ketman project has identified 100 North Korean IT personnel infiltrating Web3 organizations within six months and issued alerts to approximately 53 projects, warning them that they may have employed these individuals. The project focuses on the issue of 'fake developers' in the cryptocurrency industry and is part of the ETHRangers public safety funding program. Ketman has also developed an open-source detection tool for identifying suspicious GitHub activities and collaborated with the Security Alliance to establish an industry identification framework for recognizing North Korean IT personnel. (Cointelegraph)

[Ethereum Foundation Funds Ketman Project Identifying 100 North Korean IT Personnel]On April 17, the Ethereum Foundation announced that its funded Ketman project has identified 100 North Korean IT personnel infiltrating Web3 organizations within six months and issued alerts to approximately 53 projects, warning them that they may have employed these individuals. The project focuses on the issue of 'fake developers' in the cryptocurrency industry and is part of the ETHRangers public safety funding program. Ketman has also developed an open-source detection tool for identifying suspicious GitHub activities and collaborated with the Security Alliance to establish an industry identification framework for recognizing North Korean IT personnel. (Cointelegraph)

Ethereum Foundation Funds Ketman Project Identifying 100 North Korean IT Personnel

On April 17, 2026, a noticeable trend of project contraction and shutdown emerged in the crypto industry, with multiple infrastructure, public chain, and application layer projects announcing the cessation of operations or entering liquidation processes. Today, Mint Blockchain announced a complete halt to operations, requiring users to withdraw assets by October 20. The Base ecosystem lending protocol Seamless previously announced it would close its front-end interface and cease services by June 30; the privacy email system Dmail Network also announced a gradual cessation of all business starting May 15, 2026. Among infrastructure and wallet/tool projects, several applications have also entered the exit phase. The Cosmos ecosystem wallet Leap Wallet will cease operations on May 28 and has requested users to complete asset migration; Intergaze, focused on NFTs and zero Gas chains, will complete asset liquidation 14 days before its cross-chain shutdown. Additionally, the on-chain data analysis tool Parsec officially ceased operations after five years and initiated a refund process, while the DeFi derivatives protocol Polynomial announced an orderly shutdown of its current business. Meanwhile, some mature applications and ecosystem products have also entered strategic contraction and transformation phases. Magic Eden will close its Bitcoin and EVM markets and stop supporting multi-chain wallets; affected by a hacker attack, Step Finance announced that its SolanaFloor and Remora Markets would fully cease operations, with SolanaFloor later acquired and relaunched by the Jito Foundation. The lending protocol ZeroLend has reduced most market LTVs to 0% and urged users to withdraw as soon as possible; the decentralized stablecoin protocol Angle Protocol announced it will cease operations in March 2027 and transform into the DeFi incentive platform Merkl. Overall, this wave of project exits during the current cryptocurrency downturn spans multiple sectors, including public chain networks, lending protocols, NFT markets, wallets, analysis tools, and trading infrastructure.

[Crypto Bear Market Sees Wave of Shutdowns as Infrastructure and Application Projects Exit or Transform]On April 17, 2026, a noticeable trend of project contraction and shutdown emerged in the crypto industry, with multiple infrastructure, public chain, and application layer projects announcing the cessation of operations or entering liquidation processes. Today, Mint Blockchain announced a complete halt to operations, requiring users to withdraw assets by October 20. The Base ecosystem lending protocol Seamless previously announced it would close its front-end interface and cease services by June 30; the privacy email system Dmail Network also announced a gradual cessation of all business starting May 15, 2026. Among infrastructure and wallet/tool projects, several applications have also entered the exit phase. The Cosmos ecosystem wallet Leap Wallet will cease operations on May 28 and has requested users to complete asset migration; Intergaze, focused on NFTs and zero Gas chains, will complete asset liquidation 14 days before its cross-chain shutdown. Additionally, the on-chain data analysis tool Parsec officially ceased operations after five years and initiated a refund process, while the DeFi derivatives protocol Polynomial announced an orderly shutdown of its current business. Meanwhile, some mature applications and ecosystem products have also entered strategic contraction and transformation phases. Magic Eden will close its Bitcoin and EVM markets and stop supporting multi-chain wallets; affected by a hacker attack, Step Finance announced that its SolanaFloor and Remora Markets would fully cease operations, with SolanaFloor later acquired and relaunched by the Jito Foundation. The lending protocol ZeroLend has reduced most market LTVs to 0% and urged users to withdraw as soon as possible; the decentralized stablecoin protocol Angle Protocol announced it will cease operations in March 2027 and transform into the DeFi incentive platform Merkl. Overall, this wave of project exits during the current cryptocurrency downturn spans multiple sectors, including public chain networks, lending protocols, NFT markets, wallets, analysis tools, and trading infrastructure.

Crypto Bear Market Sees Wave of Shutdowns as Infrastructure and Application Projects Exit or Transform

On April 17, officials from Gulf and European regions familiar with the situation revealed that some Gulf Arab countries and European leaders believe that a peace agreement between the United States and Iran will take approximately six months to reach, and that both parties should extend the ceasefire to cover this timeframe. These unnamed officials, who requested anonymity due to the private nature of the discussions, stated that national leaders wish to immediately reopen the critical Strait of Hormuz to restore energy flows, and privately warned that if it is not reopened before next month, a global food crisis could erupt. They indicated that if the war continues for a longer period, energy prices could rise further. The officials noted that Gulf countries believe Iran is seeking to develop nuclear weapons, a stance that has not changed following the US and Israeli bombings of Iran. Therefore, they believe the peace agreement should prohibit Iran from enriching uranium or possessing long-range ballistic missiles. Despite this, most Gulf leaders oppose resuming hostilities and hope for a diplomatic resolution between the US and Iran. Spokespersons for the governments of Saudi Arabia, Qatar, Kuwait, Oman, and Bahrain did not immediately respond to Bloomberg's request for comment. The UAE's Ministry of Foreign Affairs referred Bloomberg to a statement made on April 8, which stated that the Strait of Hormuz must be 'unconditionally reopened.'

[Gulf and European Officials: US-Iran Agreement Requires at Least Six Months, Not 'Soon']On April 17, officials from Gulf and European regions familiar with the situation revealed that some Gulf Arab countries and European leaders believe that a peace agreement between the United States and Iran will take approximately six months to reach, and that both parties should extend the ceasefire to cover this timeframe. These unnamed officials, who requested anonymity due to the private nature of the discussions, stated that national leaders wish to immediately reopen the critical Strait of Hormuz to restore energy flows, and privately warned that if it is not reopened before next month, a global food crisis could erupt. They indicated that if the war continues for a longer period, energy prices could rise further. The officials noted that Gulf countries believe Iran is seeking to develop nuclear weapons, a stance that has not changed following the US and Israeli bombings of Iran. Therefore, they believe the peace agreement should prohibit Iran from enriching uranium or possessing long-range ballistic missiles. Despite this, most Gulf leaders oppose resuming hostilities and hope for a diplomatic resolution between the US and Iran. Spokespersons for the governments of Saudi Arabia, Qatar, Kuwait, Oman, and Bahrain did not immediately respond to Bloomberg's request for comment. The UAE's Ministry of Foreign Affairs referred Bloomberg to a statement made on April 8, which stated that the Strait of Hormuz must be 'unconditionally reopened.'

Gulf and European Officials: US-Iran Agreement Requires at Least Six Months, Not 'Soon'

On April 17, a survey conducted by Bloomberg from April 9 to 15 indicated that the European Central Bank (ECB) will raise interest rates in June due to an increase in inflation caused by the war in Iran. However, this 0.25 percentage point hike is likely to be the only such move, as the conflict is not expected to cause long-term price shocks. The survey predicts that inflation in the Eurozone will rise to 2.8% this year, up from a previous forecast of 2%. It is then expected to decline to 2.1% by 2026 and to 2% by 2027, aligning with the ECB's target. According to informed sources, ECB officials currently tend to favor keeping interest rates unchanged at the next meeting at the end of April. Some, including the President of the German central bank, believe that the possibility of taking action at that time cannot be ruled out. (Jinshi)

[Survey: Inflation Surge, ECB to Raise Rates in June]On April 17, a survey conducted by Bloomberg from April 9 to 15 indicated that the European Central Bank (ECB) will raise interest rates in June due to an increase in inflation caused by the war in Iran. However, this 0.25 percentage point hike is likely to be the only such move, as the conflict is not expected to cause long-term price shocks. The survey predicts that inflation in the Eurozone will rise to 2.8% this year, up from a previous forecast of 2%. It is then expected to decline to 2.1% by 2026 and to 2% by 2027, aligning with the ECB's target. According to informed sources, ECB officials currently tend to favor keeping interest rates unchanged at the next meeting at the end of April. Some, including the President of the German central bank, believe that the possibility of taking action at that time cannot be ruled out. (Jinshi)

Survey: Inflation Surge, ECB to Raise Rates in June

On April 17, Elon Musk stated that a universal high income provided by the federal government is the best solution to address unemployment caused by artificial intelligence. The growth of goods and services produced by AI and robotics will far exceed the growth of the money supply, thus not triggering inflation.

[Musk: In the AI Era, No Jobs Needed; Government Should Provide 'High Salaries' Instead of Welfare]On April 17, Elon Musk stated that a universal high income provided by the federal government is the best solution to address unemployment caused by artificial intelligence. The growth of goods and services produced by AI and robotics will far exceed the growth of the money supply, thus not triggering inflation.

Musk: In the AI Era, No Jobs Needed; Government Should Provide 'High Salaries' Instead of Welfare

On April 17, Brazilian President Lula criticized U.S. President Trump during a media interview on the 16th, opposing the U.S. tendency to threaten other countries with war. Lula stated that Trump cannot casually threaten other nations with military action, as no country has the right to undermine the territorial integrity of another. He emphasized that all nations must respect each other's sovereignty. Lula also mentioned that the interventionist policies pursued by the Trump administration could exacerbate global tensions. The U.S. military strikes against Iran have already affected some African and Latin American countries, forcing their populations to bear the rising costs of food and living expenses. (Xinhua News Agency)

[Brazilian President Criticizes Trump for Threatening War Against Other Countries]On April 17, Brazilian President Lula criticized U.S. President Trump during a media interview on the 16th, opposing the U.S. tendency to threaten other countries with war. Lula stated that Trump cannot casually threaten other nations with military action, as no country has the right to undermine the territorial integrity of another. He emphasized that all nations must respect each other's sovereignty. Lula also mentioned that the interventionist policies pursued by the Trump administration could exacerbate global tensions. The U.S. military strikes against Iran have already affected some African and Latin American countries, forcing their populations to bear the rising costs of food and living expenses. (Xinhua News Agency)

Brazilian President Criticizes Trump for Threatening War Against Other Countries

Market data shows that spot silver has risen over 1.00% today, currently priced at $79.20 per ounce.

[Spot Silver Rises Over 1.00% Today, Currently at $79.20/oz]Market data shows that spot silver has risen over 1.00% today, currently priced at $79.20 per ounce.

Spot Silver Rises Over 1.00% Today, Currently at $79.20/oz

According to monitoring by Dongcha Beating, Perplexity has begun to roll out Personal Computer to Max subscribers and those on the waiting list. The official statement indicates that this feature integrates with the Perplexity Mac App, allowing for the secure orchestration of local files, native applications, and browsers. Perplexity previously disclosed on its official website that Personal Computer operates on a dedicated Mac mini that can be online 24/7, with sensitive operations requiring user approval and maintaining a complete audit log and kill switch. Perplexity aims not to sell just another desktop assistant, but to advance the narrative that 'AI is the computer' to local devices, moving from helping users gather information and adjust tools to directly executing tasks continuously on behalf of users. It specifically targets the orchestration costs that high-frequency knowledge workers find most frustrating, transforming computers from mere command executors to goal executors.

[Perplexity Launches Personal Computer for Mac Users]According to monitoring by Dongcha Beating, Perplexity has begun to roll out Personal Computer to Max subscribers and those on the waiting list. The official statement indicates that this feature integrates with the Perplexity Mac App, allowing for the secure orchestration of local files, native applications, and browsers. Perplexity previously disclosed on its official website that Personal Computer operates on a dedicated Mac mini that can be online 24/7, with sensitive operations requiring user approval and maintaining a complete audit log and kill switch. Perplexity aims not to sell just another desktop assistant, but to advance the narrative that 'AI is the computer' to local devices, moving from helping users gather information and adjust tools to directly executing tasks continuously on behalf of users. It specifically targets the orchestration costs that high-frequency knowledge workers find most frustrating, transforming computers from mere command executors to goal executors.

Perplexity Launches Personal Computer for Mac Users

On April 17, according to monitoring data from Farside, the US Bitcoin and Ethereum spot ETFs saw net inflows of $26.1 million and $18 million, respectively, yesterday.

[US Bitcoin and Ethereum Spot ETFs See Net Inflows of $26.1 Million and $18 Million, Respectively]On April 17, according to monitoring data from Farside, the US Bitcoin and Ethereum spot ETFs saw net inflows of $26.1 million and $18 million, respectively, yesterday.

US Bitcoin and Ethereum Spot ETFs See Net Inflows of $26.1 Million and $18 Million, Respectively

July 4 (Huobi) - Limited liability corporations were once viewed as unethical and a danger to capitalism, but are now a fundamental aspect of modern capitalism. The crypto industry is experiencing a similar cycle of innovation and backlash, with government institutions initially attempting to prohibit limited liability companies and fractionalized equity.

[The Backlash and Innovation Cycle in the Crypto Industry: Lessons from Limited Liability Corporations]July 4 (Huobi) - Limited liability corporations were once viewed as unethical and a danger to capitalism, but are now a fundamental aspect of modern capitalism. The crypto industry is experiencing a similar cycle of innovation and backlash, with government institutions initially attempting to prohibit limited liability companies and fractionalized equity.

The Backlash and Innovation Cycle in the Crypto Industry: Lessons from Limited Liability Corporations

Article

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Asset Management Giant Exchange Traded Concepts Increases MSTR Holdings to 262,066 Shares Worth Approximately $37.5 Million

edge soared to 1.2742 USDT, a new high with a 24-hour increase of 13.45%. It currently trades at 1.1689 USDT on HTX.

edge currently trades at 1.1689 USDT, up 13.45% in 24h, according to HTX market data.

The Backlash and Innovation Cycle in the Crypto Industry: Lessons from Limited Liability Corporations

Clause de non-responsabilité：Le contenu ci-dessus ne représente pas les positions de HTX.，HTX ne fournit pas de recommandations de trading.。

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