• Bloomberg's ETF analysts predict that although the Hong Kong spot Bitcoin ETF is about to be launched, the ETF may not attract a large amount of capital inflows. The inflow is expected to be around US$500 million, which is relatively small compared to similar financial products in other regions. This shows that although this new product has some appeal to the market, it may not have a huge market impact immediately.

  • The head of DeFi at zkSync announced that he would leave the company at the end of April to focus on building a modular blockchain called Sophon. The Sophon project completed a $10 million financing in March this year and was supported by several well-known venture capital firms.

  • The Reserve Bank of Fiji (RBF) has banned the use of cryptocurrencies for payments and investments, and warned residents that using funds held in Fiji to invest in overseas cryptocurrencies could result in criminal charges. In addition, the RBF stressed that no license has been issued to any person or entity to provide cryptocurrency investments or virtual asset transactions.

  • Trust Wallet has discovered a high-risk iMessage vulnerability for iOS users that can hack into iPhones without the user clicking on any links. Therefore, Trust Wallet recommends that iOS users temporarily disable the iMessage function until Apple releases a relevant patch.

  • Polygon Labs has successfully obtained ISO/IEC 27001:2022 certification, an information security management standard. This certification was conducted by external auditing agency Schellman Compliance, LLC and confirms that Polygon Labs' Information Security Management System (ISMS) complies with international standards. This certification shows that Polygon Labs continues to focus on improving security as a foundation for risk management while promoting the widespread adoption of blockchain technology.

  • Despite Hong Kong's approval of spot Bitcoin and Ethereum ETFs, the overall decline in US stocks did not provide any upward momentum for BTC and ETH prices. Strong retail sales data in the US also heightened market concerns that the Federal Reserve is not in a hurry to cut interest rates, leading to higher US Treasury yields. In addition, geopolitical tensions have also increased market uncertainty. Despite the incentives of ETFs, the price reaction of Bitcoin and Ethereum was flat, showing that the market's reaction to the news was relatively cold.

  • Paidun disclosed on the X platform that there may be a vulnerability in the code of the cross-chain liquidity protocol Chainge, which may cause funds to be transferred out in an unauthorized manner.

  • According to official news, the Bitcoin native DA layer Nubit Pre-Alpha test network will be closed at 7:00 Beijing time on April 17. The test network was opened to the public earlier this month, allowing users to test Nubit's modular indexer and various Bitcoin modular extension DApps. At the same time, Nubit also conducted a Waitlist points activity, and BRC20 and Ordinals holders can earn points by participating.

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