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Whale Purchases 4,093 ETH Worth $9.74 Million
Gate News message, a whale has acquired 4,093 ETH using $9.74 million USDT at a price of $2,380 per ETH within the past 30 minutes. The transaction was conducted through address 0x88441cCd7c41d4d6f4Edf7811C758065555226fA.
ETH8,82%
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Venus Protocol announces it will stop running independent pools; user funds are safe, and withdrawals remain open
Gate News message, April 14, decentralized lending protocol Venus Protocol issued a statement that its isolated pools are now no longer operational. The statement said that all isolated pools have been paused, but user funds remain safe and the withdrawal function is still available. Users can choose to migrate their assets or withdraw directly depending on whether their assets are on Venus Core.
XVS0,26%
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The U.S. IRS steps up tax oversight of cryptocurrency; the tax filing deadline is April 15
The U.S. Internal Revenue Service increases its crackdown on tax evasion involving cryptocurrency, requiring investors to proactively report their transactions by April 15. Starting in 2025, brokers will be required to report digital-asset gains, and investors will need to verify their costs themselves. 61% of investors don’t know about the new rules, and 52% are worried about making mistakes when filing. Experts recommend collecting transaction records to avoid penalties and criminal prosecution.
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Solana ecosystem app Believe founder indicted in New York over an alleged rug pull scam
Gate News update, April 14, Solana ecosystem application Believe founder Pasternak was indicted in a New York court for allegedly participating in a crypto rug pull scam. The case involves the Solana public chain ecosystem and is suspected to be related to losses of several million dollars. Pasternak, as the person in charge of the Believe project, is accused of using the project to carry out fraudulent acts, causing significant financial losses to investors. The case is currently under review, and relevant details have not yet been fully disclosed.
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DCR (Decred) up 1.28% in the past 24 hours
Gate News message. On April 14, according to Gate market data, as of the time of writing, DCR (Decred) is trading at $21.54. It is up 1.28% over the past 24 hours, with a high of $22.17 and a low of $21.05. The 24-hour trading volume is $12.6k. The current market cap is about $374 million.
Decred is a self-governed digital currency. Similar to Bitcoin, it emphasizes community involvement, open governance, and sustainable funding and development. Using a mining system that combines “proof of work” and “proof of stake,” it ensures that small groups cannot dominate the transaction process without community involvement. Decred supports Windows, macOS, and Linux across multiple platforms, and users can easily send, receive, and mine through the wallet application.
DCR1,28%
BTC5,34%
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TradFi Rise Alert: CHCUSD100 (China A50 100x) Rises Over 0.5%
Gate News: According to the latest Gate TradFi data, CHCUSD100 (China A50 100x) has surged by 0.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market
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Spot gold breaks through $4,780 per ounce, up 0.83% on the day
Gate News message, April 14, market data shows spot gold has broken through $4,780 per ounce, up 0.83% during the day.
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Reuters: The U.S.-Iran delegation will hold talks in Pakistan later this week
Gate News message, April 14, Reuters reported, citing sources, that U.S. and Iranian delegations will hold talks in Islamabad, the capital of Pakistan, later this week.
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The Nikkei 225 index closed up 2.43%, at 57,877.39 points, and the South Korean KOSPI index rose 2.74%
Gate News updates, April 14, April 14 (Tuesday) close, the Nikkei 225 Index (Japan’s benchmark stock market index) rose 1374.62 points, up 2.43%, to 57877.39 points. The Korea KOSPI Index (Korea Composite Stock Price Index) rose 159.12 points, up 2.74%, to 5967.74 points.
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Ethereum spot ETF saw a net inflow of $9.4404 million yesterday, with BlackRock’s ETHB recording a daily inflow of $5.7776 million
On April 13, Ethereum spot ETF net inflows reached $9.4404 million, rising for three consecutive days. Among them, the BlackRock Staked ETH ETF had the largest net inflow, at $5.7776 million, bringing its historical total net inflows to $383 million. At the same time, Grayscale’s Ethereum mini trust ETF also performed well, with net inflows of $5.1508 million. Overall, Ethereum spot ETFs’ net assets were $12.98B.
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ETH8,82%
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New Wallet Bets $40K on Trump Iran Ceasefire Announcement, Down 85%
Gate News message, a newly created wallet named "bullseye123" spent $40K betting that Trump will announce the end of the US-Iran ceasefire by April 15 or April 18. The wallet holder is currently down $34K, representing an 85% loss on the position.
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Nomura: Rising oil prices may lead the Bank of Japan to delay rate hikes
Gate News message, April 14, a Nomura economist said that due to the continued rise in oil prices and concerns about the supply of petroleum products, Japan in the future faces "unprecedented risks," and the Bank of Japan is likely to delay interest rate hikes. In remarks on Monday, Bank of Japan governor Kazuo Ueda said he was more concerned than at the news briefing in March about downside risks to the economy that the Middle East conflict could bring. Ueda said that if the conflict continues, it will affect the business activities of Japanese companies through disruptions to the supply chain.
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The U.S. Department of Justice launches the OneCoin victim compensation program, with more than $40 million in assets available for claims
The U.S. Department of Justice has initiated a restitution process for victims of the OneCoin crypto Ponzi scheme. Victims who were harmed between 2014 and 2019 may apply for restitution, and more than $40 million is currently available. The scheme was launched in 2014 and resulted in more than $4 billion in losses for 3.5 million victims worldwide.
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GT (GateChain) up 2.42% over the past 24 hours
Gate News message. On April 14, according to Gate Market Data, as of the time of writing, GT (GateChain) is currently trading at $6.75. Over the past 24 hours, it is up 2.42%, hitting a high of $6.85 and falling to a low of $6.59. The 24-hour trading volume reached $485.5k. The current market cap is approximately $736 million, ranking 92nd.
GateChain is a new-generation public chain focused on securing users’ assets and decentralized trading. It features an original online hot insurance account and a settlement/clearing protection system, creatively addressing the industry’s core foundational issues, such as users’ digital assets being stolen, private keys being damaged and lost, decentralized trading, and cross-chain transfers. GateChain is an EVM-compatible Layer-1 blockchain, allowing developers to quickly deploy it at zero cost
GT1,95%
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TradFi Fall Alert: XUNCE (XUNCE 03317.HK) Falls Over 6%
Gate News: According to the latest Gate TradFi data, XUNCE (XUNCE 03317.HK) has dropped by 6% in a short period. Current volatility is significantly higher than recent averages, indicating increased market
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Yesterday, Bitcoin spot ETFs had net outflows of $291 million, and Fidelity's FBTC had net outflows of $229 million
On April 13, Bitcoin spot ETF total net outflows were $291 million, BlackRock’s IBIT had net inflows of $34.7012 million, Bitwise’s BITB had net inflows of $11.8758 million, and Fidelity’s FBTC had net outflows of $229 million. Total spot ETF assets net asset value was $94.51B, and the net asset ratio was 6.45%.
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BTC5,34%
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Hyperliquid founder Jeff Yan: started with $10k at age 27 to achieve financial freedom, then later founded a decentralized exchange
Hyperliquid founder Jeff Yan reviewed his experiences before creating Hyperliquid in an interview. He once ran a large anonymous trading team, Chameleon Trading, and used $10k to achieve significant growth. Due to dissatisfaction with the state of the crypto industry and the FTX event, Jeff decided to shut down Chameleon Trading and focus on building the decentralized exchange Hyperliquid.
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BTC5,34%
ETH8,82%
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Anthropic hires lobbying firm Ballard Partners, after talks with the Pentagon fell apart over AI use restrictions
Anthropic announced on April 14 that it is partnering with the lobbying firm Ballard Partners, aiming to improve its relationship with the Department of Defense. The two sides had previously failed to reach an agreement due to disagreements over the scope of AI use: the Department of Defense wanted its tools to be used without restrictions, while Anthropic demanded limits on their use for fully autonomous weapons and surveillance. This move signals a significant increase in policy outreach investment in the AI industry.
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INX (Infinex) down 29.98% in 24 hours
Gate News message, April 14, according to Gate market data, as of the time of writing, INX (Infinex) is trading at $0.01516. It is down 29.98% over the past 24 hours, with a high of $0.0296 and a low of $0.01413. The 24-hour trading volume is $9.0676 million. The current market cap is approximately $54.7882 million.
Infinex is a crypto super app (Superapp) that aims to provide users with a unified experience across more than 25 blockchains by abstracting away the complexity of on-chain interactions. Infinex was founded by Kain Warwick, the founder of Synthetix. It includes Passkey authentication, cross-chain swaps and bridging, as well as native trading applications
INX-41%
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Hyperliquid’s founder once rejected a VC’s $1 billion valuation investment terms
Hyperliquid founder Jeff Yan revealed in an interview that, although he negotiated with investors and agreed on conditions for a $1 billion valuation, he ultimately decided to turn down the funding, emphasizing the team’s commitment to a neutrality philosophy. He believes that if Bitcoin had accepted venture capital back then, its value would have been compromised.
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HYPE8,66%
BTC5,34%
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