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📢Gate Morning Report | April 20
1️⃣ Geopolitical Situation: Iran refuses to participate in the second round of US-Iran negotiations, and all signals of goodwill from Trump are rejected, reigniting tensions in the Middle East.
2️⃣ Market Trends: Most of the crypto market has retraced, with SocialFi and AI sectors seeing slight gains; spot gold breaks through the $4,800 mark.
3️⃣ Security Incidents: The second-largest liquidity staking protocol Kelp DAO was hacked, with losses of approximately $292 million.
4️⃣ Funding Developments: Prediction market Polymarket is in talks for a new $400 million funding round, with a valuation reaching $15 billion.
5️⃣ Product Updates: The Cashtags feature on X platform has been live for two days, generating over $1 billion in trading volume.
1️⃣ Geopolitical Situation: Iran refuses to participate in the second round of US-Iran negotiations, and all signals of goodwill from Trump are rejected, restarting the situation in the Middle East.
2️⃣ Market Updates: Most of the crypto market has pulled back, while the SocialFi and AI sectors are up slightly; spot gold breaks through the $4,800 level.
3️⃣ Security Incidents: The second-largest liquidity staking protocol, Kelp DAO, suffered a vulnerability attack, with losses of about $292 million.
4️⃣ Financing Updates: The prediction market Polymarket is currently discussing a new $400 million funding round, with a valuation of $15 billion.
5️⃣ Product Updates: The Cashtags feature on the X platform has been live for two days, and has driven more than $1 billion in trading volume.