7*24

Hot topic

Market

Activities

On April 2, Hong Kong news outlet Ta Kung Pao reported that Li Xiong, a core member of a gang providing services to cryptocurrency fraud groups across Asia, was extradited back to China after being arrested in Cambodia. He will face charges of fraud and money laundering. "On April 1, with strong support from relevant Cambodian authorities, a special task force sent by the Chinese Ministry of Public Security successfully escorted Li Xiong, a core member of the Chen Zhi criminal group, back to the country from Phnom Penh, Cambodia," the report cited a message released by the Chinese Ministry of Public Security on WeChat. Li Xiong previously served as the chairman of Huione Group, which has been accused of being a cryptocurrency crime organization that provided services to scam centers in Cambodia, where they implemented 'pig butchering' scams and other investment schemes to steal cryptocurrency from victims around the world. The Huione Group operates one of the largest illegal online markets globally, handling over $89 billion in cryptocurrency assets.

[Chairman of Huione Cryptocurrency Scam Extradited to China for Charges]On April 2, Hong Kong news outlet Ta Kung Pao reported that Li Xiong, a core member of a gang providing services to cryptocurrency fraud groups across Asia, was extradited back to China after being arrested in Cambodia. He will face charges of fraud and money laundering. "On April 1, with strong support from relevant Cambodian authorities, a special task force sent by the Chinese Ministry of Public Security successfully escorted Li Xiong, a core member of the Chen Zhi criminal group, back to the country from Phnom Penh, Cambodia," the report cited a message released by the Chinese Ministry of Public Security on WeChat. Li Xiong previously served as the chairman of Huione Group, which has been accused of being a cryptocurrency crime organization that provided services to scam centers in Cambodia, where they implemented 'pig butchering' scams and other investment schemes to steal cryptocurrency from victims around the world. The Huione Group operates one of the largest illegal online markets globally, handling over $89 billion in cryptocurrency assets.

Chairman of Huione Cryptocurrency Scam Extradited to China for Charges

On April 2, according to data from rwa xyz, stock tokenization reached a monthly transfer volume of $2.87 billion in March, marking an over 80% growth in the past 30 days and setting a new historical high. Notably, Ondo's stock tokenization transfer volume exceeded $2 billion. Meanwhile, the total number of stock tokenization holders has surpassed 200,000.

[Stock Tokenization Reaches $2.87 Billion in Monthly Transfers in March, Over 80% Growth in 30 Days]On April 2, according to data from rwa xyz, stock tokenization reached a monthly transfer volume of $2.87 billion in March, marking an over 80% growth in the past 30 days and setting a new historical high. Notably, Ondo's stock tokenization transfer volume exceeded $2 billion. Meanwhile, the total number of stock tokenization holders has surpassed 200,000.

Stock Tokenization Reaches $2.87 Billion in Monthly Transfers in March, Over 80% Growth in 30 Days

On April 2, the Solana ecosystem lending protocol Loopscale announced on X platform that most of its products, including the USDC Genesis and USDC OnRe treasuries, were not directly affected by the Drift incident, ensuring the safety of funds. Approximately $170,000 in deposits from the SOL Genesis treasury are allocated in MarginFi, with a small portion potentially having indirect exposure through collateral from Project0 borrowers' Drift positions. In the event of any losses, Loopscale will fully compensate affected users. Due to MarginFi suspending its protocol functions, the deposit and withdrawal features for the SOL Genesis, JitoSOL ONE, and wETH ONE treasuries are temporarily closed. Loopscale will reopen these features once MarginFi resumes normal operations and will keep users updated on progress.

[Loopscale: Most Products Unaffected by Drift Incident, $170,000 Indirect Exposure in SOL Treasury]On April 2, the Solana ecosystem lending protocol Loopscale announced on X platform that most of its products, including the USDC Genesis and USDC OnRe treasuries, were not directly affected by the Drift incident, ensuring the safety of funds. Approximately $170,000 in deposits from the SOL Genesis treasury are allocated in MarginFi, with a small portion potentially having indirect exposure through collateral from Project0 borrowers' Drift positions. In the event of any losses, Loopscale will fully compensate affected users. Due to MarginFi suspending its protocol functions, the deposit and withdrawal features for the SOL Genesis, JitoSOL ONE, and wETH ONE treasuries are temporarily closed. Loopscale will reopen these features once MarginFi resumes normal operations and will keep users updated on progress.

Loopscale: Most Products Unaffected by Drift Incident, $170,000 Indirect Exposure in SOL Treasury

On April 2, analyst Alicharts reported that Bitcoin has fallen 52% since its peak in October 2025. A 3-day SMA crossover signal (death cross of the 50-period and 200-period SMAs) was observed on February 27, and this has persisted for 30 days. Historical patterns suggest that the final accumulation window of this cycle may occur within the next 3-6 days. Alicharts noted that historical records show that every major cycle since 2014 has seen the 50 and 200 SMA crossover marking absolute bottoms and golden buying opportunities. Previous cycles indicate that a final drop of 40-52% typically occurs 23-33 days after the crossover, completing the bear market washout. The potential washout target for this cycle is between $30,000 and $40,000, after which the next bull market is expected to begin.

[Analysis: Bitcoin Enters Final Accumulation Window of This Cycle, Potential Drop Exceeding 40%]On April 2, analyst Alicharts reported that Bitcoin has fallen 52% since its peak in October 2025. A 3-day SMA crossover signal (death cross of the 50-period and 200-period SMAs) was observed on February 27, and this has persisted for 30 days. Historical patterns suggest that the final accumulation window of this cycle may occur within the next 3-6 days. Alicharts noted that historical records show that every major cycle since 2014 has seen the 50 and 200 SMA crossover marking absolute bottoms and golden buying opportunities. Previous cycles indicate that a final drop of 40-52% typically occurs 23-33 days after the crossover, completing the bear market washout. The potential washout target for this cycle is between $30,000 and $40,000, after which the next bull market is expected to begin.

Analysis: Bitcoin Enters Final Accumulation Window of This Cycle, Potential Drop Exceeding 40%

On April 2, The Bitcoin Historian reported that Blockstream (BSTR) CEO Adam Back revealed in an interview with CNBC that he plans to purchase $1.5 billion worth of Bitcoin in the coming weeks, which is approximately 21,000 BTC.

[Blockstream CEO: $1.5 Billion Bitcoin Purchase Planned in Coming Weeks, Approximately 21,000 BTC]On April 2, The Bitcoin Historian reported that Blockstream (BSTR) CEO Adam Back revealed in an interview with CNBC that he plans to purchase $1.5 billion worth of Bitcoin in the coming weeks, which is approximately 21,000 BTC.

Blockstream CEO: $1.5 Billion Bitcoin Purchase Planned in Coming Weeks, Approximately 21,000 BTC

On April 2, Perena founder Anna posted on the X platform stating that their USD, USD-J, and USD*-P products were not affected by the Drift incident. However, the JLP vault managed by Trade Neutral was impacted due to its operation on the Drift protocol vault. The team will communicate promptly after receiving updates from partners.

[Perena Founder: JLP Vault Affected by Drift Attack, Main Products Unharmed]On April 2, Perena founder Anna posted on the X platform stating that their USD, USD-J, and USD*-P products were not affected by the Drift incident. However, the JLP vault managed by Trade Neutral was impacted due to its operation on the Drift protocol vault. The team will communicate promptly after receiving updates from partners.

Perena Founder: JLP Vault Affected by Drift Attack, Main Products Unharmed

On April 2, Meteora announced on platform X that its funds are secure, and all functionalities and vaults have not interacted with the Drift protocol. Additionally, the treasury has not been deployed to Drift or its integrated vaults.

[Meteora: Platform Funds Secure, Unaffected by Drift Incident]On April 2, Meteora announced on platform X that its funds are secure, and all functionalities and vaults have not interacted with the Drift protocol. Additionally, the treasury has not been deployed to Drift or its integrated vaults.

Meteora: Platform Funds Secure, Unaffected by Drift Incident

On April 2, influenced by Trump's strong speech, Bitcoin led the cryptocurrency market into another correction. According to HTX market information, as of the time of publication, Bitcoin has fallen below $67,000, currently reported at $66,819.76, with a 24-hour decline of 3.01%. Additionally, data from Coinglass shows that in the past 4 hours, the entire network experienced liquidations totaling $138 million, with long positions liquidated amounting to $116 million.

[Trump's Speech Erases Two Days of Bitcoin Gains, Market Revisits $67,000 Range]On April 2, influenced by Trump's strong speech, Bitcoin led the cryptocurrency market into another correction. According to HTX market information, as of the time of publication, Bitcoin has fallen below $67,000, currently reported at $66,819.76, with a 24-hour decline of 3.01%. Additionally, data from Coinglass shows that in the past 4 hours, the entire network experienced liquidations totaling $138 million, with long positions liquidated amounting to $116 million.

Trump's Speech Erases Two Days of Bitcoin Gains, Market Revisits $67,000 Range

On April 2, Anna, the founder of the stablecoin infrastructure Perena, tweeted that its Perena USD*, USD*-J, and USD*-P were not affected by the Drift attack incident. However, the JLP vault managed by the Solana ecosystem quantitative strategy sharing platform Neutral Trade was impacted due to its operation on the Drift Protocol. The team is maintaining communication with partners and will continue to provide updates on the situation.

[Perena Founder: JLP Vault Affected by Drift Attack, Main Products Unharmed]On April 2, Anna, the founder of the stablecoin infrastructure Perena, tweeted that its Perena USD*, USD*-J, and USD*-P were not affected by the Drift attack incident. However, the JLP vault managed by the Solana ecosystem quantitative strategy sharing platform Neutral Trade was impacted due to its operation on the Drift Protocol. The team is maintaining communication with partners and will continue to provide updates on the situation.

Best-selling author Stephen King took to Twitter to slam Musk-led Twitter Blue paid user verification, arguing that $19.99 a month is too expensive. Musk tweeted in response: “We need to pay the bills somehow! Twitter cannot rely entirely on advertisers. I will explain the rationale in longer form before this is implemented. It is the only way to defeat the bots & trolls.”

Detail

【Musk: Twitter Blue paid user verification is the only way to defeat the bots】Best-selling author Stephen King took to Twitter to slam Musk-led Twitter Blue paid user verification, arguing that $19.99 a month is too expensive. Musk tweeted in response: “We need to pay the bills somehow! Twitter cannot rely entirely on advertisers. I will explain the rationale in longer form before this is implemented. It is the only way to defeat the bots & trolls.”

Musk: Twitter Blue paid user verification is the only way to defeat the bots

Article

On-chain Address Buys Back 500,000 SIREN for 144,000 USDT

Caltech Releases Open Source True 1-Bit Model Bonsai: 8B Parameters at Only 1.15GB, Achieving 44 Tokens/s on iPhone

BTC broke through 69000  USDT

U.S. Officials: Trump to Reiterate Timeline for Withdrawal from Iran in 2 to 3 Weeks

Riot Platforms Suspected of Selling 500 Bitcoins Worth $34.13 Million

BTC fell below 68000  USDT

Musk: Twitter Blue paid user verification is the only way to defeat the bots

Penafian：Konten diatas tidak merepresentasikan posisi HTX.，HTX tidak memberikan rekomendasi perdagangan apa pun.。

Artikel Terkait

Semua Komentar0TerkiniHangat

Topik Trending

Artikel Terkait