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According to Coinglass data, whales on the Hyperliquid platform currently hold $3.787 billion, with long positions amounting to $1.935 billion, accounting for 51.09% of the total positions, and short positions at $1.852 billion, making up 48.91%. The profit and loss for long positions is -$16.8325 million, while for short positions it is $26.3044 million.

[Hyperliquid Platform Whales Hold $3.787 Billion, Long-Short Position Ratio at 1.04]According to Coinglass data, whales on the Hyperliquid platform currently hold $3.787 billion, with long positions amounting to $1.935 billion, accounting for 51.09% of the total positions, and short positions at $1.852 billion, making up 48.91%. The profit and loss for long positions is -$16.8325 million, while for short positions it is $26.3044 million.

Hyperliquid Platform Whales Hold $3.787 Billion, Long-Short Position Ratio at 1.04

On April 12, Bittensor co-founder Jacob Robert Steeves responded to the Covenant AI incident, stating that the events of the past few days have left him 'deeply shocked.' He accused Covenant AI founder Samuel Dare of causing serious harm to the protocol and community, betraying the trust of investors and users, and letting everyone down. He also apologized to users who suffered losses due to the incident. Steeves emphasized that Bittensor was originally designed to combat greed and selfishness in human nature, promoting AI ownership among all participants through a permissionless mechanism. He highlighted that while this incident exposed vulnerabilities in the system, it will also drive the protocol and community to enhance their risk resilience. Regarding future directions, Steeves proposed advancing the 'Locked Stake' mechanism, introducing a commitment dimension of 'time + stake' at the protocol level to improve transparency and investor protection, thereby reducing similar risks. He noted that this plan was originally designed with Samuel Dare's involvement. Additionally, he stated that the development related to subnets 3, 39, and 81 will continue to be advanced by the community, and the overall functionality and vision will not change. Steeves emphasized that Bittensor remains one of the most decentralized AI protocols currently and will continue to promote the development of open AI, with plans to move towards training larger models, aiming to train a model with 1 trillion parameters in the future.

[Bittensor Co-Founder Accuses Covenant AI Founder of Betraying Community, Proposes 'Locked Stake' Mechanism to Strengthen Governance]On April 12, Bittensor co-founder Jacob Robert Steeves responded to the Covenant AI incident, stating that the events of the past few days have left him 'deeply shocked.' He accused Covenant AI founder Samuel Dare of causing serious harm to the protocol and community, betraying the trust of investors and users, and letting everyone down. He also apologized to users who suffered losses due to the incident. Steeves emphasized that Bittensor was originally designed to combat greed and selfishness in human nature, promoting AI ownership among all participants through a permissionless mechanism. He highlighted that while this incident exposed vulnerabilities in the system, it will also drive the protocol and community to enhance their risk resilience. Regarding future directions, Steeves proposed advancing the 'Locked Stake' mechanism, introducing a commitment dimension of 'time + stake' at the protocol level to improve transparency and investor protection, thereby reducing similar risks. He noted that this plan was originally designed with Samuel Dare's involvement. Additionally, he stated that the development related to subnets 3, 39, and 81 will continue to be advanced by the community, and the overall functionality and vision will not change. Steeves emphasized that Bittensor remains one of the most decentralized AI protocols currently and will continue to promote the development of open AI, with plans to move towards training larger models, aiming to train a model with 1 trillion parameters in the future.

Bittensor Co-Founder Accuses Covenant AI Founder of Betraying Community, Proposes 'Locked Stake' Mechanism to Strengthen Governance

On April 12, according to a report by Iran's Mehr News Agency, Iranian Islamic Parliament Deputy Speaker Haji Babaei warned the United States that the Strait of Hormuz is a 'red line' fully controlled by Iran, and that tolls must be paid in rials. The report stated that the majority of Iranian parliament members support plans regarding the Strait of Hormuz, and that control over this strategic waterway is non-negotiable under any circumstances, as per the leadership's directives. (Xinhua News Agency)

[Iranian Deputy Speaker Says Strait of Hormuz is a 'Red Line' Fully Controlled by Iran]On April 12, according to a report by Iran's Mehr News Agency, Iranian Islamic Parliament Deputy Speaker Haji Babaei warned the United States that the Strait of Hormuz is a 'red line' fully controlled by Iran, and that tolls must be paid in rials. The report stated that the majority of Iranian parliament members support plans regarding the Strait of Hormuz, and that control over this strategic waterway is non-negotiable under any circumstances, as per the leadership's directives. (Xinhua News Agency)

Iranian Deputy Speaker Says Strait of Hormuz is a 'Red Line' Fully Controlled by Iran

On April 12, it was announced that Musk's social application XChat will officially launch on the App Store on April 17. Musk previously stated that XChat aims to replace the old Twitter direct messaging system, creating a fully encrypted platform that supports text, file transfers, audio, and video calls.

[Musk's XChat to Officially Launch on App Store on April 17]On April 12, it was announced that Musk's social application XChat will officially launch on the App Store on April 17. Musk previously stated that XChat aims to replace the old Twitter direct messaging system, creating a fully encrypted platform that supports text, file transfers, audio, and video calls.

Musk's XChat to Officially Launch on App Store on April 17

On April 12, Bank of America reported on Friday that it has lowered its growth forecast for the U.S. by 50 basis points to 2.3%, with the direct impact of the war accounting for about three-quarters of the adjustment. The overall inflation adjustment is up by 70 basis points, and it is now expected that by the end of 2026, core PCE will be 30 basis points higher than previously predicted, reaching 3.1%. In the Eurozone, the bank has lowered its growth forecast by 60 basis points and raised its inflation forecast by 160 basis points to 3.3%, with core inflation at 2.3%.

[Bank of America: Middle East Impact Widespread but Uneven]On April 12, Bank of America reported on Friday that it has lowered its growth forecast for the U.S. by 50 basis points to 2.3%, with the direct impact of the war accounting for about three-quarters of the adjustment. The overall inflation adjustment is up by 70 basis points, and it is now expected that by the end of 2026, core PCE will be 30 basis points higher than previously predicted, reaching 3.1%. In the Eurozone, the bank has lowered its growth forecast by 60 basis points and raised its inflation forecast by 160 basis points to 3.3%, with core inflation at 2.3%.

Bank of America: Middle East Impact Widespread but Uneven

On April 12, WLFI responded to recent discussions in the community regarding an article published by Peter Girnus, who claims to be a WLFI Web3 ambassador. WLFI stated, 'Upon verification, the author of the article is neither a member of the WLFI team nor affiliated with WLFI in any way.' WLFI CEO Zach Witkoff also publicly responded to the relevant tweet, stating, 'Peter Girnus lacks understanding of the basic facts. Clarifications are as follows: · World Liberty has no relation to the Meme coin TRUMP; · World Liberty has no affiliation with Fight Fight Fight or CIC Digital; · Our early holders purchased at $0.015 and $0.05, and the current price is $0.08; · We do not primarily generate revenue from 'transaction fees'; our core product is a stablecoin, with earnings derived from government bond assets. Based on trading volume and market capitalization, our stablecoin is the second-largest stablecoin that meets the GENIUS standard.'

[WLFI Responds to Controversy: Many Claims Are Inaccurate, Peter Girnus Has No Affiliation with WLFI]On April 12, WLFI responded to recent discussions in the community regarding an article published by Peter Girnus, who claims to be a WLFI Web3 ambassador. WLFI stated, 'Upon verification, the author of the article is neither a member of the WLFI team nor affiliated with WLFI in any way.' WLFI CEO Zach Witkoff also publicly responded to the relevant tweet, stating, 'Peter Girnus lacks understanding of the basic facts. Clarifications are as follows: · World Liberty has no relation to the Meme coin TRUMP; · World Liberty has no affiliation with Fight Fight Fight or CIC Digital; · Our early holders purchased at $0.015 and $0.05, and the current price is $0.08; · We do not primarily generate revenue from 'transaction fees'; our core product is a stablecoin, with earnings derived from government bond assets. Based on trading volume and market capitalization, our stablecoin is the second-largest stablecoin that meets the GENIUS standard.'

WLFI Responds to Controversy: Many Claims Are Inaccurate, Peter Girnus Has No Affiliation with WLFI

On April 12, Bittensor co-founder Jacob Robert Steeves responded to the Covenant AI incident, stating that the events of the past few days have left him 'deeply shaken.' He accused Covenant AI founder Samuel Dare of causing serious harm to the protocol and community, betraying the trust of investors and users, and letting everyone down. He also apologized to users who suffered losses due to the incident. Steeves emphasized that Bittensor was originally designed to combat greed and selfishness in human nature, promoting AI ownership by all participants through a permissionless mechanism. He noted that while this incident has exposed vulnerabilities in the system, it will also drive the protocol and community to enhance their risk resilience. Regarding future directions, Steeves proposed advancing a 'Locked Stake' mechanism, introducing a 'time + stake' commitment dimension at the protocol level to improve transparency and investor protection, thereby reducing similar risks. He pointed out that this plan was originally designed with the involvement of Samuel Dare. Additionally, he stated that the development related to subnets 3, 39, and 81 will continue to be advanced by the community, and the overall functionality and vision will not change. Steeves emphasized that Bittensor remains one of the most decentralized AI protocols currently and will continue to promote the development of open AI, with plans to move towards training larger-scale models, aiming to train a model with 1 trillion parameters in the future.

[Bittensor Co-Founder Accuses Covenant AI Founder of Betraying Community, Proposes 'Locked Stake' Mechanism to Strengthen Governance]On April 12, Bittensor co-founder Jacob Robert Steeves responded to the Covenant AI incident, stating that the events of the past few days have left him 'deeply shaken.' He accused Covenant AI founder Samuel Dare of causing serious harm to the protocol and community, betraying the trust of investors and users, and letting everyone down. He also apologized to users who suffered losses due to the incident. Steeves emphasized that Bittensor was originally designed to combat greed and selfishness in human nature, promoting AI ownership by all participants through a permissionless mechanism. He noted that while this incident has exposed vulnerabilities in the system, it will also drive the protocol and community to enhance their risk resilience. Regarding future directions, Steeves proposed advancing a 'Locked Stake' mechanism, introducing a 'time + stake' commitment dimension at the protocol level to improve transparency and investor protection, thereby reducing similar risks. He pointed out that this plan was originally designed with the involvement of Samuel Dare. Additionally, he stated that the development related to subnets 3, 39, and 81 will continue to be advanced by the community, and the overall functionality and vision will not change. Steeves emphasized that Bittensor remains one of the most decentralized AI protocols currently and will continue to promote the development of open AI, with plans to move towards training larger-scale models, aiming to train a model with 1 trillion parameters in the future.

On April 12, in response to a satirical article circulating on the X platform claiming to be from WLFI's 'Web3 Ambassador', WLFI CEO Zach Witkoff stated that the author is not a member of the WLFI team and has no association with WLFI. He pointed out that the author lacks understanding of basic facts and suggested conducting more research. Zach Witkoff highlighted: The author conflated 'World Liberty' with 'Trump Meme Coin', which are entirely unrelated; 'World Liberty' has no connection to 'Fight Fight Fight' or CIC Digital; Early holders of WLFI purchased at prices of $0.015 and $0.05, with the current price at $0.08. The team does not charge a 'transaction fee', and its main product is a stablecoin.

[WLFI CEO: Author of Satirical Article Unrelated to WLFI Team, Content Misrepresents Facts]On April 12, in response to a satirical article circulating on the X platform claiming to be from WLFI's 'Web3 Ambassador', WLFI CEO Zach Witkoff stated that the author is not a member of the WLFI team and has no association with WLFI. He pointed out that the author lacks understanding of basic facts and suggested conducting more research. Zach Witkoff highlighted: The author conflated 'World Liberty' with 'Trump Meme Coin', which are entirely unrelated; 'World Liberty' has no connection to 'Fight Fight Fight' or CIC Digital; Early holders of WLFI purchased at prices of $0.015 and $0.05, with the current price at $0.08. The team does not charge a 'transaction fee', and its main product is a stablecoin.

WLFI CEO: Author of Satirical Article Unrelated to WLFI Team, Content Misrepresents Facts

On April 12, local time in the U.S., the social app XChat, under the X platform, officially announced that it will be available on the App Store starting April 17. The app features end-to-end encryption, is ad-free, and does not track users. Since the internal testing began in May 2025, XChat has undergone nearly a year of testing and iterations; if we consider the moment Musk acquired Twitter in 2022 with the aim of creating a Western version of WeChat, it has been nearly four years.

[Elon Musk's 'Western WeChat' XChat to Launch on App Store April 17]On April 12, local time in the U.S., the social app XChat, under the X platform, officially announced that it will be available on the App Store starting April 17. The app features end-to-end encryption, is ad-free, and does not track users. Since the internal testing began in May 2025, XChat has undergone nearly a year of testing and iterations; if we consider the moment Musk acquired Twitter in 2022 with the aim of creating a Western version of WeChat, it has been nearly four years.

Elon Musk's 'Western WeChat' XChat to Launch on App Store April 17

Following the recent lawsuits against two major cryptocurrency exchanges by the US Securities and Exchange Commission (SEC), many crypto users are turning to decentralized finance (DeFi). Decentralized exchanges (DEX) have seen a surge in volume, with Uniswap experiencing a 41% increase in daily transactions and PancakeSwap also seeing double-digit gains.

[Crypto Users Turn to DeFi as US Regulatory Actions Target Major Exchanges]Following the recent lawsuits against two major cryptocurrency exchanges by the US Securities and Exchange Commission (SEC), many crypto users are turning to decentralized finance (DeFi). Decentralized exchanges (DEX) have seen a surge in volume, with Uniswap experiencing a 41% increase in daily transactions and PancakeSwap also seeing double-digit gains.

Crypto Users Turn to DeFi as US Regulatory Actions Target Major Exchanges

Why Robert Kiyosaki’s bullish Bitcoin thesis faces a crucial test this week

Bitcoin Whales Go Shopping: 10,000 BTC Accumulated In 3 Days

Michael Saylor Signals Return to Weekly Bitcoin Buying Strategy

Bitcoin Signals Potential Bullish Reversal as Macro Tensions and Technical Indicators Align

Why Are GPU Prices Spiraling Out of Control?

70-Page Confidential Document's First Allegation: 'Lying', Altman Told the Board 'I Can't Change My Character'

Solana RWA holders jump 440% YoY – Can it bridge gap to Ethereum’s XAUT?

U.S. court backs Kalshi, reinforcing CFTC’s push for federal control over prediction markets

Chainlink sees 480M social engagements: What it means for LINK price next

Bitcoin Hashrate Remains Concentrated As US, Russia, And China Hold 65% Share

Article

cfg soared to 0.2111 USDT, a new high with a 24-hour increase of -6.03%. It currently trades at 0.1932 USDT on HTX.

Crypto Users Turn to DeFi as US Regulatory Actions Target Major Exchanges

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