Two Whales with a Combined $84.4M ETH Position on the Verge of Liquidation

On April 1st, a co-founder of Binance, He Yi, responded to today's "Meme Coin Crash, such as ACT" event, stating that "The corresponding team is preparing a detailed response."

On April 1st, as monitored by Whale Alert, Circle minted 250 million USDC on the Solana network at 20:20 today.

On April 1st, the official ACT account "Act I: The AI Prophecy" made a post stating, "Dear ACT community, we wish to assure all of you that we have a comprehensive understanding of the current situation. Our team is actively engaged in investigations and collaborating with all relevant parties to address this matter. We have also begun to formulate a response plan in conjunction with trusted partners. Thank you for your patience, and we will provide updates as promptly as possible."

On April 1st, the official Twitter account of North American esports giant Team Liquid seemed to have been attacked. Hackers have now posted a tweet containing a fake token contract address. This tweet has currently received nearly ten thousand views. BlockBeats reminds users not to interact with the fake token contract address posted by the hacker or the compromised Twitter account.

On April 1st, the cryptocurrency payment company Alchemy Pay announced that its products will incorporate Real World Assets (RWAs). By collaborating with mainstream RWA providers, it will bring high-quality traditional financial assets like US Treasury bonds and blue-chip stocks into the crypto ecosystem, enabling users from multiple regions to purchase them using fiat currency. Alchemy Pay stated that the business is dedicated to constructing a compliant bridge between traditional finance and decentralized finance, offering users diverse investment options and lowering the entry barriers for global users.

April 1st: The open-source payment system UPCX in Japan declared that unauthorized activities related to the management accounts of the project have been identified. As a precautionary step, immediate actions are being carried out to guarantee the security of the platform. The deposit and withdrawal functions of UPCX are temporarily suspended. User assets remain secure and unaffected. Earlier, Cyvers Alerts gave a warning after detecting multiple suspicious transactions involving UPCX. It seems that someone accessed the address 0x4C....3583E, upgraded the "ProxyAdmin" contract, and executed the "withdrawByAdmin" function, which led to the transfer of 18.4 million UPC tokens (approximately $70 million) from three different management accounts.