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On April 2, Trump's speech raised oil prices and dampened hopes for interest rate cuts, impacting global markets once again, leading to a retreat in the Japanese and South Korean stock markets. The Nikkei 225 index closed down 1,276.41 points, a decline of 2.38%, ending at 52,463.27 points. The South Korean KOSPI index closed down 244.91 points, a decline of 4.47%, ending at 5,233.79 points. (Jinshi)

[Japanese and South Korean Stock Markets Retreat, KOSPI Falls Nearly 4.5%]On April 2, Trump's speech raised oil prices and dampened hopes for interest rate cuts, impacting global markets once again, leading to a retreat in the Japanese and South Korean stock markets. The Nikkei 225 index closed down 1,276.41 points, a decline of 2.38%, ending at 52,463.27 points. The South Korean KOSPI index closed down 244.91 points, a decline of 4.47%, ending at 5,233.79 points. (Jinshi)

Japanese and South Korean Stock Markets Retreat, KOSPI Falls Nearly 4.5%

On April 2, Bitcoin mining company Cango announced yesterday that it has recently completed a $75 million financing round. Of this amount, $65 million comes from value-added investments by members of the company's board, which have all been received; an additional $10 million comes from Derlin, with both parties signing a memorandum of cooperation to collaborate in the areas of mining site acquisitions and AI in the future. This financing will be used to optimize the balance sheet, reduce debt levels, and provide funding support for the company's expansion into the AI sector. In response to a notification from the New York Stock Exchange, Cango has made corrective measures and is currently in the rectification phase. Cango emphasized that all of the company's operational activities are running normally, and it is actively cooperating with the exchange's requirements to advance the rectification work.

[Cango Completes $75 Million Financing to Advance Compliance and AI Business]On April 2, Bitcoin mining company Cango announced yesterday that it has recently completed a $75 million financing round. Of this amount, $65 million comes from value-added investments by members of the company's board, which have all been received; an additional $10 million comes from Derlin, with both parties signing a memorandum of cooperation to collaborate in the areas of mining site acquisitions and AI in the future. This financing will be used to optimize the balance sheet, reduce debt levels, and provide funding support for the company's expansion into the AI sector. In response to a notification from the New York Stock Exchange, Cango has made corrective measures and is currently in the rectification phase. Cango emphasized that all of the company's operational activities are running normally, and it is actively cooperating with the exchange's requirements to advance the rectification work.

Cango Completes $75 Million Financing to Advance Compliance and AI Business

On April 2, Axe Compute (NASDAQ: AGPU), a Nasdaq-listed company built on the Aethir decentralized GPU network, released its FY2025 annual financial report, becoming the first public company to disclose its decentralized computing business progress to institutional investors in the form of annual performance. The report indicates that the total value of contracts executed in the past 30 days is approximately $12 million, with an estimated monthly revenue of $835,000 for Q2 and over 20 enterprise clients. Following the report's release, AGPU saw a maximum single-day increase of +152%, with trading volume exceeding 900 times the 20-day average, totaling over $300 million in daily trading. All enterprise computing deployments are delivered through the Aethir network, covering 94 countries, with more than 200 nodes and over 435,000 GPU containers, cumulatively delivering over 1.8 billion computing hours.

[Axe Compute Reports FY2025 Earnings as First Public Company to Disclose Decentralized Computing Progress]On April 2, Axe Compute (NASDAQ: AGPU), a Nasdaq-listed company built on the Aethir decentralized GPU network, released its FY2025 annual financial report, becoming the first public company to disclose its decentralized computing business progress to institutional investors in the form of annual performance. The report indicates that the total value of contracts executed in the past 30 days is approximately $12 million, with an estimated monthly revenue of $835,000 for Q2 and over 20 enterprise clients. Following the report's release, AGPU saw a maximum single-day increase of +152%, with trading volume exceeding 900 times the 20-day average, totaling over $300 million in daily trading. All enterprise computing deployments are delivered through the Aethir network, covering 94 countries, with more than 200 nodes and over 435,000 GPU containers, cumulatively delivering over 1.8 billion computing hours.

Axe Compute Reports FY2025 Earnings as First Public Company to Disclose Decentralized Computing Progress

On April 2, Vitalik Buterin published a post on his personal blog sharing his self-hosted, local, private, and secure LLM configuration. The core of the configuration includes an NVIDIA 5090 GPU laptop, the Qwen3.5:35B model, the llama.cpp inference tool, bubblewrap sandbox isolation, the NixOS operating system, as well as custom proxies and a local knowledge base to reduce reliance on remote services. Vitalik stated that if used properly, artificial intelligence can indeed create a future with stronger privacy and security guarantees. Locally generated code can replace the need to download large, complex external libraries, allowing more software to be minimal and self-contained. He also called for more individuals to dedicate themselves to building secure, open-source, localized, and privacy-focused AI tools, enabling users to use them with peace of mind and transferring control and power back to the users.

[Vitalik Shares Local LLM Configuration, Calls for More Secure, Open-Source, Localized, Privacy-Focused AI Tools]On April 2, Vitalik Buterin published a post on his personal blog sharing his self-hosted, local, private, and secure LLM configuration. The core of the configuration includes an NVIDIA 5090 GPU laptop, the Qwen3.5:35B model, the llama.cpp inference tool, bubblewrap sandbox isolation, the NixOS operating system, as well as custom proxies and a local knowledge base to reduce reliance on remote services. Vitalik stated that if used properly, artificial intelligence can indeed create a future with stronger privacy and security guarantees. Locally generated code can replace the need to download large, complex external libraries, allowing more software to be minimal and self-contained. He also called for more individuals to dedicate themselves to building secure, open-source, localized, and privacy-focused AI tools, enabling users to use them with peace of mind and transferring control and power back to the users.

Vitalik Shares Local LLM Configuration, Calls for More Secure, Open-Source, Localized, Privacy-Focused AI Tools

On April 2, according to the International News Agency, Russia has imposed a gasoline export ban on producers, effective until the end of July.

[Russia Imposes Gasoline Export Ban on Producers Until End of July]On April 2, according to the International News Agency, Russia has imposed a gasoline export ban on producers, effective until the end of July.

Russia Imposes Gasoline Export Ban on Producers Until End of July

On April 2, Cointelegraph reported that Alabama Governor signed the Decentralized Non-Profit Association Act, making Alabama the second state to grant legal status to DAOs after Wyoming. The legislation provides legal recognition and limited liability protection for DAOs, allowing them to possess full corporate entity status, own property, sue and be sued, and enter into contracts, while individual members and managers are shielded from personal liability. To qualify, a DAO must have at least 100 members and be formed for a common non-profit purpose, such as governing a blockchain network or smart contract system. A16z Crypto's policy director stated that decentralized governance is central to the future of crypto, and this legislation offers certainty for decentralized communities to build, govern, and scale in the real world. A similar bill has passed the West Virginia House and is awaiting the governor's signature.

[Alabama Becomes the Second U.S. State to Grant Legal Status to DAOs]On April 2, Cointelegraph reported that Alabama Governor signed the Decentralized Non-Profit Association Act, making Alabama the second state to grant legal status to DAOs after Wyoming. The legislation provides legal recognition and limited liability protection for DAOs, allowing them to possess full corporate entity status, own property, sue and be sued, and enter into contracts, while individual members and managers are shielded from personal liability. To qualify, a DAO must have at least 100 members and be formed for a common non-profit purpose, such as governing a blockchain network or smart contract system. A16z Crypto's policy director stated that decentralized governance is central to the future of crypto, and this legislation offers certainty for decentralized communities to build, govern, and scale in the real world. A similar bill has passed the West Virginia House and is awaiting the governor's signature.

Alabama Becomes the Second U.S. State to Grant Legal Status to DAOs

On April 2, Axe Compute (NASDAQ: AGPU), a company listed on Nasdaq and built on the Aethir decentralized GPU network, released its FY2025 annual report, becoming the first publicly traded company to disclose its progress in decentralized computing power to institutional investors in the form of an annual performance report. The report indicates that the total value of contracts executed in the past 30 days is approximately $12 million, with estimated monthly revenue for Q2 at $835,000 and over 20 enterprise clients. Following the report's release, AGPU saw a maximum single-day increase of +152%, with trading volume exceeding 900 times the 20-day average, totaling over $300 million in daily trading volume. All enterprise computing deployments were delivered through the Aethir network, covering 94 countries, over 200 nodes, and more than 435,000 GPU containers, with a cumulative delivery of over 1.8 billion computing hours.

[Axe Compute Releases First Annual Report on Nasdaq, Decentralized Computing Power Gains Institutional Attention]On April 2, Axe Compute (NASDAQ: AGPU), a company listed on Nasdaq and built on the Aethir decentralized GPU network, released its FY2025 annual report, becoming the first publicly traded company to disclose its progress in decentralized computing power to institutional investors in the form of an annual performance report. The report indicates that the total value of contracts executed in the past 30 days is approximately $12 million, with estimated monthly revenue for Q2 at $835,000 and over 20 enterprise clients. Following the report's release, AGPU saw a maximum single-day increase of +152%, with trading volume exceeding 900 times the 20-day average, totaling over $300 million in daily trading volume. All enterprise computing deployments were delivered through the Aethir network, covering 94 countries, over 200 nodes, and more than 435,000 GPU containers, with a cumulative delivery of over 1.8 billion computing hours.

Axe Compute Releases First Annual Report on Nasdaq, Decentralized Computing Power Gains Institutional Attention

On April 2, Mustafa, a member of the Polymarket team, responded affirmatively to a community member's question about whether the platform would support using POLY tokens for fee discounts.

[Polymarket Team Confirms POLY Token Will Receive Platform Fee Discounts]On April 2, Mustafa, a member of the Polymarket team, responded affirmatively to a community member's question about whether the platform would support using POLY tokens for fee discounts.

Polymarket Team Confirms POLY Token Will Receive Platform Fee Discounts

On April 2, Vitalik Buterin published a post on his personal blog sharing his self-sufficient, local, private, and secure LLM personal configuration. The core of the configuration includes an NVIDIA 5090 GPU laptop, the Qwen3.5:35B model, the llama.cpp inference tool, bubblewrap sandbox isolation, the NixOS system, as well as a custom proxy and local knowledge base to reduce reliance on remote services. Vitalik stated that if used properly, artificial intelligence can indeed create a future with stronger privacy and security guarantees. Locally generated code can replace the need to download large, complex external libraries, allowing more software to be minimal and self-contained. He also called for more individuals to focus on building secure, open source, localized, and privacy-centric AI tools, enabling users to use them with peace of mind and transferring control and power back to the users.

[Vitalik Shares Personal Local LLM Configuration, Calls for More Secure, Open Source, Localized, Privacy-Focused AI Tools]On April 2, Vitalik Buterin published a post on his personal blog sharing his self-sufficient, local, private, and secure LLM personal configuration. The core of the configuration includes an NVIDIA 5090 GPU laptop, the Qwen3.5:35B model, the llama.cpp inference tool, bubblewrap sandbox isolation, the NixOS system, as well as a custom proxy and local knowledge base to reduce reliance on remote services. Vitalik stated that if used properly, artificial intelligence can indeed create a future with stronger privacy and security guarantees. Locally generated code can replace the need to download large, complex external libraries, allowing more software to be minimal and self-contained. He also called for more individuals to focus on building secure, open source, localized, and privacy-centric AI tools, enabling users to use them with peace of mind and transferring control and power back to the users.

Vitalik Shares Personal Local LLM Configuration, Calls for More Secure, Open Source, Localized, Privacy-Focused AI Tools

According to Techcrunch, Magdalena “Mags” Kala, a self-described “lifetime degen,” is no stranger to beating the odds. Before she became an investor, she co-founded an all-female blackjack team that sought to exploit gender bias to make a profit through gaming, she told TechCrunch in an interview.
It’s fitting, then, that Kala was able to raise her first fund as a solo GP focused on early-stage consumer startups in the web3 space in just four months despite a broader downturn in the crypto market.
Her Miami, FL-based firm, Double Down, blew past its initial fundraising target of $20 million in one month and closed its first fund with a total of ~$30 million this week, according to Kala. The fund has already made nine investments in web3 consumer startups,  including Miami-based OnChain Studios, which makes Cryptoys, and Tally Labs, the company behind the Jenkins the Valet & Azurbala franchises.

Detail

【Ex-Bain investor launches $30M web3 consumer VC fund as solo female founder】According to Techcrunch, Magdalena “Mags” Kala, a self-described “lifetime degen,” is no stranger to beating the odds. Before she became an investor, she co-founded an all-female blackjack team that sought to exploit gender bias to make a profit through gaming, she told TechCrunch in an interview.
It’s fitting, then, that Kala was able to raise her first fund as a solo GP focused on early-stage consumer startups in the web3 space in just four months despite a broader downturn in the crypto market.
Her Miami, FL-based firm, Double Down, blew past its initial fundraising target of $20 million in one month and closed its first fund with a total of ~$30 million this week, according to Kala. The fund has already made nine investments in web3 consumer startups,  including Miami-based OnChain Studios, which makes Cryptoys, and Tally Labs, the company behind the Jenkins the Valet & Azurbala franchises.

Ex-Bain investor launches $30M web3 consumer VC fund as solo female founder

Exchange 'Listing Curse' Investigation: Why 89% of New Tokens Ultimately Become Retail Investor Traps?

AI's Cost Dilemma: How Infrastructure Economics Will Reshape the Next Phase of the Market

Dogecoin ETFs Dead In March? Only 2 Days Of Inflows And Less Than $1M – Details

Musk Poaches the Web3 Prodigy Who Laid the Foundation for the Aave App

The Oil Order is Breaking Apart: What Happens Next in the Middle East?

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Bernstein Analysts Say Bitcoin Price Has Bottomed, Here’s Where It’s Headed

ZachXBT flags USDC freeze – Why 16 exchange wallets were hit

Bitget UEX Daily | Trump Says Iran Requests Delay in Strikes; US Stocks Post Largest Drop Since US-Iran War Began; Apple Opens Siri to External AI

Trump Signature on US Dollar Sparks Debate Over Historic Break from Tradition

Article

Ex-Bain investor launches $30M web3 consumer VC fund as solo female founder

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