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Binance Delays SOLUSDT Perpetual Contract Adjustment Time

1 days ago

April 1st. According to official channels, the planned SOLUSDT perpetual contract adjustment by Binance on April 2nd, 2025, at 9:30 (UTC) will be deferred to April 9th, 2025, at 9:30 (UTC).
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BNB Chain $100 Million Liquidity Support Plan Announces First Phase 5 Winning Projects

On April 2nd, according to official channels, the $100 million Permanent Liquidity Support Program launched by BNB Chain has announced the first batch of winning projects. Five projects have been determined as the first recipients of liquidity support rewards, namely: KiloEX (KILO), Mubarak (MUBARAK), CZ'S Dog (BROCCOLI714), Tutorial (TUT), and Banana For Scale (BANANAS31). The specific amounts of liquidity received are as follows: KILO: $290,000 MUBARAK: $500,000 BROCCOLI714: $500,000 TUT: $500,000 BANANAS31: $510,000

5 minutes ago

The Trump Tariff Plan is nearing finalization, but some uncertainties remain.

On April 2nd, President Trump is slated to make an announcement regarding new tariffs on Wednesday (3:00 AM on Thursday in Beijing time). However, the details are still being worked out. The possibilities include a tiered system (ranging from 10% to 20%) or a flat 20% global tariff. The White House remains tight-lipped, but Trump claims to have "decided" on a particular approach. There still remains uncertainty regarding tariffs on China, Canada, and Mexico. Trump's aim is to increase annual revenue by $700 billion through tariffs, yet concerns about economic risks, inflation, and the potential for a recession are on the rise.

5 minutes ago

The U.S. March ADP Employment Figure Exceeds Expectations

On April 2nd, the US ADP Nonfarm Employment Change for March came in at an increase of 155K. This figure was compared to the expected 115K and the previous value of 77K. (FXStreet)

5 minutes ago

US Stock Index Futures Extend Losses, Nasdaq Futures Drop 1%

On April 2nd, based on market data, US stock index futures continued to decline. Nasdaq futures dropped by 1%, S&P 500 index futures fell by 0.8%, and Dow Jones futures decreased by 0.6%.

5 minutes ago

Ethereum Researcher Proposes EIP-7922, Aiming to Increase Ethereum Exit Queue Flexibility

On April 2nd, the Ethereum researcher mikeneuder.eth put forward EIP-7922. The purpose of this is to improve the Ethereum validator exit queue, enhance the exit flexibility and efficiency, and ensure the security of the system. It is reported that currently, Ethereum adopts a fixed exit limit for each epoch (approximately 16 exits), which ensures economic security (by controlling the number of exits to prevent security degradation). However, when the demand for exits surges, validators need to wait for a long time, increasing liquidity risks and financial costs. EIP-7922 proposes to dynamically adjust the exit quantity based on recent actual exit situations (for example, if the exit quantity has been low in the past two weeks, more exits can be allowed currently, thereby reducing waiting times), replacing the fixed limit. This proposal is currently in the draft stage.

5 minutes ago

Bitfarms is pleased to announce that it has entered into a preliminary agreement for a $300 million private debt financing.

On April 2nd, the Nasdaq-listed mining firm Bitfarms announced on the X platform that it has reached a preliminary agreement on a $300 million private debt financing with the Macquarie Group to provide funds for the initial development of the HPC project at Panther Creek in Pennsylvania. The initial funding amount is $50 million, and the maximum drawdown after the final documentation is signed is $300 million. It is expected that the Macquarie Group will fund the initial construction of the Panther Creek data center on a nondilutive basis.

5 minutes ago