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Uniswap introduces new K-Line Chart functionality
According to Foresight News, Uniswap has announced the addition of a new feature to its research section. The decentralized finance protocol integrates a K-line graph feature that allows users to track prices in real time. This new feature improves the usability of the platform and provides users with more detailed information about price movements.

Tether recorded a net profit of over $4.52 billion for the first quarter of 2024
Tether, the largest stablecoin issuer, reported net income of over $4.52 billion in the first quarter of 2024, according to CryptoPotato. The company's longstanding businesses, rather than its newly created divisions, contributed significantly to these profits. Tether's attestation report indicated that approximately $1 billion of profits for the first quarter of 2024 came from the entities responsible for issuing stablecoins and managing the associated reserves.
In mid-April, Tether expanded its structure beyond stablecoins, introducing new divisions such as Tether Edu, Tether Power and Tether Data. These divisions are tasked with digital skills training, sustainable Bitcoin mining operations, and strategic investments in new technologies, respectively. Tether Finance, an existing division, continues to lead the company's stablecoin products and financial services. The $1 billion profit the unit posted last quarter came largely from its holdings in the U.S. Treasury.

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Pond Coin founder lost $71.2 million in phishing attack
According to Foresight News, the founder of Pond Coin, known as Paulie, who is also a member of Pepe's team, was the victim of a phishing attack. The attack resulted in the loss of 1,155 Wrapped Bitcoin (WBTC), equivalent to approximately US$71.2 million.
A previous report from Foresight News reported that a "whale" address was the target of a phishing attack from an address with the same first and last digits. The attack resulted in the loss of 1,155 WBTC. The phishing team subsequently sold all of the WBTC, converting it into 22,960 Ether (ETH). Currently, funds are distributed across ten wallet addresses.
Foresight News encourages its readers to verify the accuracy of addresses before conducting any transactions. This incident serves as a stark reminder of the potential risks associated with digital transactions and the importance of maintaining strong security measures.

The number of transactions of the SUI blockchain has grown 20 times, surpassing Solana
According to PANews, Artemis data indicates a significant increase in the number of on-chain transactions on the SUI blockchain on May 3. The number of transactions increased more than 20 times, reaching 41 million. This figure exceeded the number of transactions on the Solana blockchain, which was 27.7 million on the same day.
However, after this surge, the volume of on-chain transactions on SUI quickly declined. It is now back to its previous average of around 3.45 million transactions. This rapid growth and subsequent drop in transaction volume highlights the volatile nature of blockchain transactions.

Crypto market experiences $99.45 million liquidation in 24 hours
According to Foresight News, recent data from Coinglass shows that the global cryptocurrency market saw approximately $99.45 million in liquidations in the last 24 hours. This significant liquidation included both long and short positions, with long positions totaling $47.57 million and short positions totaling $51.88 million.
Bitcoin, the leading cryptocurrency, liquidated about $29.08 million. Ethereum, another major player in the cryptocurrency market, also faced liquidation worth about $13.62 million. This data provides insight into the volatility and risks associated with the cryptocurrency market.

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