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Just looking at only the security incidents from April makes me lose my mind. They say $600 million was lost due to the Lyke leak? According to CertiK data, it’s a record high. Purrlend alone lost $1.52 million, and they even put malicious code into it using AI—by North Korean hackers. What the hell are they doing?
Meanwhile, the Hwanglichung report says they lost $4.42 million just this week. They reportedly lost a total of $75.6 million over 7 months and a half cumulative period. If it’s this serious, are they still holding Ethereum long positions? Are they crazy?
Did you hear that the U.S. Secretary of Defense is conducting a Bitcoin strategic operation? But it looks like the cryptocurrency market structure bill may make progress in May, though there are many obstacles. Ethical issues, Trump’s interests, and so on. They say the chance of passage is 15–25%.
Hong Kong says it plans to build a digital asset platform by 2026, and the CEO of Japan’s JPX mentioned the possibility of cryptocurrency ETFs being listed next year. The UK FCA also announced fund tokenization regulations. The Lyke leak issue keeps coming up, but it seems like regulations are being gradually refined.
They say the Arbitrum DAO is voting on releasing 30,700 ETH that has been frozen, Exponent received $5 million in funding, and Legend raised $3.5 million. But analysts are warning that the April Bitcoin rally was driven by futures, while spot demand continues to fall. Does that mean there’s a possibility of a correction along with the Lyke leak? We should be careful.