Gate News message, Tom Lee's Bitmine purchased an additional 40,000 ETH valued at $82.07 million from centralized exchanges today. The transaction marks another significant ETH accumulation by the firm.

F2Pool co-founder Wang Chunzi said on X that a Bitcoin protocol upgrade should not be like an “omnibus bill” from American politicians, opposing BIP-110 and BIP-54. He noted that timestamp attacks offer miners no significant benefits, and that block validation efficiency has improved substantially; today, only the “repeated transaction” issue is worth fixing.

Despite weakness in the crypto market, the stablecoin market continues to grow. Over the past week, total market capitalization rose by 0.43%, reaching $317.26B, a new all-time high. The market share of USDT fell to 58.03%, while the circulating market cap of USDS under Sky increased by 9.57%, becoming the third-largest stablecoin.

A court in Qinchou District, Tianshui, Gansu, tried a case of virtual currency money laundering. The defendant withdrew more than 390k yuan using a “high-paying errand runner” method, converted the funds into virtual currency, and earned profits of 21.5k yuan. The court sentenced him to two years and four months in prison and fined him 10k yuan. The judge reminded the public to stay alert against participating in cash withdrawals and transfers, so as not to become an accomplice to crime.

Gate News updates: On April 4, the Irish government officially launched the digital wallet testing phase on April 3. The wallet includes an age verification feature. According to a statement from Ireland’s Department of Public Expenditure and Reform, this digital ID will support social media platforms in verifying users’ ages, with the goal of protecting children and teenagers from online harms.

A research report from China International Capital Corporation (CICC) notes that the Iran–U.S. conflict has pushed up oil prices, increasing inflation risks, affecting expectations for Fed rate cuts, and driving selling of gold ETFs. Geopolitical developments put oil prices at a crossroads, while the gold market is focused on how an economic downturn could affect it; in the future, it may reassess expectations for rate hikes. Demand for gold investment and prices may have room to rise.

Gate News message, according to Lookonchain, the mysterious whale linked to Erik Voorhees, who previously bought 122,355 ETH ($264.37M), spent another 887.9K USDT to buy 431.8 ETH 5 hours ago. This follows an earlier purchase of 396.7 ETH for 818.7K USDT reported by the same source.

A certain account placed a $340k bet on a prediction platform, predicting that the 76ers would beat the Minnesota Timberwolves, with an opening average entry price of 6035¢. The game was held today, and both the 76ers and the Minnesota Timberwolves are ranked sixth in their respective divisions.

Cosmos ecosystem non-custodial wallet Leap Wallet announced that it will stop operating on May 28, affecting multiple services and features. Users need to re-delegate ATOM as soon as possible to avoid an interruption in earnings. Even though it is shutting down, the team still believes in the future of the crypto industry.

On April 3, BVIX was quoted at 49.18, with an intraday decline of 7.56%; EVIX was quoted at 69.80, with an intraday decline of 5.50%. The U.S. dollar to offshore Chinese yuan exchange rate fell by 0.05%, and the U.S. dollar to the Japanese yen fell by 0.02%. Gate supports users in trading multiple asset types within the platform, enabling the fusion of crypto and traditional financial assets.