Bitcoin Rebounds Briefly Surpasses $83,000

On April 1st, as reported by Cointelegraph, Sam Altman, the founder of OpenAI, announced that in the forthcoming months, they will release a new open-source weighted language model featuring reasoning capabilities. Altman initially seeks feedback on "how to maximize its utility." An open-source weighted language model pertains to a model that can be publicly utilized, downloaded, modified, or deployed. Although not as open as fully open-source models, this represents a significant transition from the completely closed GPT-3 and GPT-4. In February 2019, OpenAI partially open-sourced the GPT-2 model, and by November of the same year, it was fully open-sourced. On February 12th of this year, Sam Altman stated that the company intends to launch GPT-4.5 and GPT-5 in the upcoming weeks or months.

On April 1st, zkLend officially made an announcement. Last night, the attacker of zkLend attempted to use Tornado Cash to mix 2930 ETH of stolen funds and interacted with the known Tornado Cash phishing website tornadoeth[.]Cash. As a result, the funds were lost to the phishing website. The phishing website appears to have been in operation for more than 5 years. At this stage, the security team does not have concrete evidence linking the phishing site to the attacker. As a preventive measure, zkLend has included these new wallet addresses from the phishing site in its fund tracking efforts. Since last night, there has been a heavy flow of funds from the wallets controlled by the attacker. Both the security team and the zkLend team are monitoring in real-time and are in contact with CEX and authorities. The team will continue to make efforts to trace these funds.

On April 1st, CryptoQuant researcher Alex posted on social media that the average daily selling pressure on major exchanges has decreased from 81,000 BTC to 29,000 BTC. The market has entered an asymmetric demand phase. After surpassing the $100,000 mark, it has successfully absorbed multiple rounds of profit-taking sell-offs. Currently, the selling pressure is diminishing, and buyers are demonstrating composure at the current price level, laying the foundation for a structural supply shortage. April and May may form a consolidation range and become the "calm before the storm" before the next breakout.

On April 1st, according to official information, Binance C2C has implemented an adjusted T+1 withdrawal plan starting from April 1st. In addition to the original T+1 withdrawal mechanism, all users now have an additional T+0 withdrawal limit of $1000 worth of equivalent assets. If a user's Binance account has no assets, regardless of how much they purchase on that day, they can only withdraw a maximum of $1000 worth of equivalent assets on the same day of the purchase. The remaining assets can only be withdrawn 24 hours after the order completion time. If a user's Binance account already has assets, in addition to the original C2C T+1 withdrawal limit, an additional T+0 withdrawal limit of $1000 worth of equivalent assets has been added.

On April 1st, Gate.io will commence the AB Staking Mining from April 2nd at 14:00 (UTC+8) until April 9th at 14:00 (UTC+8). By staking ETH and AB to participate in the Launchpool, one can obtain a free airdrop of 2,757,416 AB tokens. The anticipated annual percentage yield (APY) for the ETH pool is 18.52%, and for the AB pool is 338.93%. Early staking is currently available.

On April 1st, according to official channels, South Korean cryptocurrency exchanges Upbit and Bithumb jointly announced that they will cease trading of Loom Network (LOOM). The officials indicated that Loom Network (LOOM) has been excluded from the DAXA (Korea Digital Asset Exchange Association) membership. After a thorough examination of the foundation's public disclosures and the authenticity and sustainability of its operations, the decision to end trading support was made as LOOM did not meet the criteria for maintaining trading support. The trading (buy/sell) termination date and time are provisionally set for May 7, 2025 (Wednesday) at 15:00.