April 1st news, the Bitcoin re-collateralization protocol PumpBTC announced that the on-chain airdrop claims will start from 2:45 UTC+8 on April 2nd, with distribution details to be announced soon.

cryptocurrency trading platform Backpack has officially completed the acquisition of FTX EU. Starting today, Backpack EU has officially initiated the asset recovery process and fund distribution process, providing clear and convenient fund return services to former FTX EU users, helping users recover fiat assets that were previously frozen. After this acquisition is completed, Backpack will re-enable the license held by FTX EU and will provide comprehensive cryptocurrency derivative trading services within the European Union in the future.

according to official sources, the Orbiter Finance cross-chain bridge Swap function will go live this week, supporting one-click flash exchange of multi-chain assets, enabling seamless cross-chain and exchange of mainstream networks and tokens. It has now integrated with 50+ mainstream networks and will support instant trading of 100+ tokens.

Upbit announced that it will add Compound (COMP) trading pairs in the Korean won market on April 1, 2025 at 16:35 (Beijing time), supporting the Ethereum network.

European Commission President Von der Leyen stated that the EU has prepared a strong counterplan and will implement it when necessary. The EU will carefully assess the relevant announcements made by the United States and respond appropriately. Von der Leyen emphasized that all response measures have been put on the negotiating table, but also warned that tariffs would exacerbate inflation, which is exactly the result the EU hopes to avoid. The EU needs to eliminate barriers remaining in the single market and expresses an open attitude towards trade negotiations. (Jinshi)

affected by the news of the addition of the COMP trading pair in the Upbit Korean won market, COPM briefly touched $79.99, now priced at $59.85, with a 24-hour increase of 54.18%. The market is volatile, please be prepared for risk control.

according to the official announcement, Binance Futures will adjust the leverage and margin ladder of 1000SATSUSDT, ACTUSDT, PNUTUSDT, NEOUSDT, NEOUSDC, TURBOUSDT, and MEWUSDTU perpetual contracts denominated in base currency on April 1, 2025 at 18:30 (UTC+8).

BitMEX co-founder Arthur Hayes stated in a recent blog post: "The value of Bitcoin = technology + legal liquidity. This technology is effective and will not undergo any major changes in the near future, whether good or bad. Therefore, Bitcoin trading is entirely based on market expectations of future legal currency supply. If my analysis of the major shift from the Fed's QT to QE in government bonds is correct, then Bitcoin touched a local low of $76,500 last month, and now we are moving towards $250,000 by the end of the year. Of course, this is not an exact science, but if I had to bet between whether Bitcoin would first touch $76,500 or $110,000, I would bet on the latter. Even if the U.S. stock market continues to decline due to tariffs, collapsing profit expectations, or decreased foreign demand, I still believe that the probability of Bitcoin continuing to rise is greater. Recognizing the pros and cons, Maelstrom is deploying capital cautiously. We do not use leverage, and we make small purchases relative to the size of our total portfolio. We have been buying Bitcoin and altcoins at all levels between $90,000 and $76,500. The speed of capital deployment will accelerate or slow down based on the accuracy of my predictions. I still believe that by the end of the year, Bitcoin can reach $250,000."

 according to Cointelegraph, Vanuatu has regulated digital assets through legislation and has established a licensing system for crypto companies wishing to operate in the Pacific island nation, described by a government regulatory advisor as "very strict." The local parliament passed the Virtual Asset Service Providers Act on March 26, granting the Vanuatu Financial Services Commission (VFSC) the power to license crypto companies and to enforce the Financial Action Task Force (FATF) anti-money laundering, counter-terrorism financing, and travel rule standards. Under these laws, the VFSC has broad investigative and enforcement powers, with fines of up to 250 million Vatu (approximately 2 million USD) and a maximum of 30 years in prison.

blockchain security company CertiK said that cryptocurrency vulnerability exploits and fraud losses dropped to $28.8 million in March, lower than the $1.5 billion surge in losses after Bybit was attacked in February. Stolen funds exceeded $33 million in March, but due to the successful recovery of some stolen funds by decentralized exchange aggregator 1inch, the total losses decreased. CertiK stated in a post on X platform on April 1 that losses caused by code vulnerabilities were the highest, exceeding $14 million; wallet intrusions resulted in over $8 million being stolen. The most serious loss event in March was the exploitation of a smart contract vulnerability in the decentralized lending protocol Abracadabra.money on March 25, resulting in a loss of approximately $13 million.