Huobi HTX has launched AERGO perpetual contracts and kicked off a contract trading party.
On April 18th, according to an official announcement, Huobi HTX launched the AERGO/USDT perpetual contract on April 18th, and the maximum leverage is 20x. Meanwhile, Huobi HTX is hosting the AERGO Contract Trading Party from 3:00 PM on April 18th to 3:00 PM on April 25th (UTC+8), with a total prize pool of up to $10,000.
The event includes: 1. New User Benefits: Users who have never conducted contract trading and complete AERGO/USDT contract trading, with a cumulative trading volume ≥100 USDT, can receive an equivalent of 3 USDT in $HTX (a total of 3,000 USDT equivalent in $HTX in the prize pool); 2. Trading Party: Users participating in AERGO/USDT contract trading with a cumulative effective trading volume of ≥10,000 USDT can share an equivalent of $7,000 USDT in $HTX based on their trading volume ranking.
4 minutes ago
Trump Suggests Tariff Hike or End: "I Don't Want Tariffs to Keep Rising"
April 18th. On Thursday in local time, US President Donald Trump stated that the continuously escalating tariffs between the US and China may soon come to a halt. When speaking at the White House regarding the tariff issue, Trump said, "I don't wish to keep raising tariffs because at a certain moment, people will stop buying."
Possibly due to this news, international oil prices surged by nearly 3% yesterday, and copper prices also rebounded significantly. This morning, the Asia-Pacific stock markets responded positively, with notable gains in the Japanese, South Korean, and Australian stock markets. (Wall Street Journal)
4 minutes ago
Report: Rug Pull Incidents in the Crypto Space Have Decreased, but Their Impact Has Grown
On April 18th, according to a report by Cointelegraph. Based on the latest report from the blockchain analytics platform DappRadar, there were 21 "Rug Pull" incidents in the early part of 2024. In contrast, there were only 7 incidents from 2025 to the present. This indicates a declining frequency year by year. However, since the early 2025, the Web3 ecosystem has lost nearly $6 billion due to such incidents. 92% of this loss was attributed to the collapse of Mantra's OM token (the token's founder denies this was a "Rug Pull"). In contrast, the total loss from "Rug Pull" incidents in the same period of 2024 was $90 million.
DappRadar analyst Sara Gherghelas pointed out that although the frequency of such incidents has decreased, their destructiveness has increased. Scams are becoming more sophisticated and are often orchestrated by professional teams. The nature of these incidents is also evolving. Many incidents in the first quarter of 2024 originated from DeFi protocols, NFT projects
4 minutes ago
The Trump administration is seeking to transfer the California Governor's tariff lawsuit to New York, arguing that the International Trade Court has exclusive jurisdiction.
On April 18th, the Trump administration is aiming to transfer California Governor Newsom's legal challenge against the U.S. tariff plan from the San Francisco Federal Court to the New York International Trade Court. Lawyers from the U.S. Department of Justice submitted a request on Thursday to remove this case from Newsom's jurisdiction, arguing that the trade court has "exclusive jurisdiction" over disputes related to tariffs. The Democratic governor of this most populous state is regarded as a potential presidential candidate in 2028. On Wednesday, Newsom and California Attorney General Rob Bonta jointly sued the president. They strive to prevent Trump from employing emergency powers to impose extensive tariffs on Mexico, Canada, and other countries.
Newsom and Bonta pointed out the harm to California consumers and businesses, including agriculture and the entertainment industry. In economic terms, California can be regarded as the "fifth-largest economy in the world." Trump's tarif
4 minutes ago