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Ethereum Gas Fee Continues to Drop, Now at 0.352 Gwei

2025.04.18 13:08:11

On April 18th, according to Etherscan data, the gas fees of Ethereum continue to decline and are currently at 0.352 Gwei.
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Insight: Trump Appears to Still Favor a 'Pressure-First' Strategy

April 2 – Pepperstone Group research strategist Dilin Wu noted Trump’s speech was indeed disappointing. While claiming victory, Trump threatened to target Iran’s energy and power facilities and signaled a major strike could be launched in the next two to three weeks — essentially business as usual. Earlier comments about withdrawing U.S. troops from the Middle East now appear more like an attempt to soothe markets while retaining pressure options. Evidently, he still favors a "pressure-first" strategy over a full thaw in relations. (FXStreet)

5 minutes ago

Analyst: Market Hungry for More Progress, Sees Several Weeks of Uncertainty on Iran War

On April 2, IG market analyst Tony Sycamore stated: “Previously, the market’s baseline expectation was that tensions would keep easing—and we’ve seen clear signs of that over the past few days. The trend still holds, but the market’s hungry for more tangible progress. To me, this speech didn’t offer much new insight.” He added: “The Strait of Hormuz remains the biggest wild card in everyone’s playbook. For stocks, it’s a classic ‘buy the rumor, sell the fact’ reaction—while the oil market’s response has been the exact opposite. Right now, uncertainty over the next two to three weeks is hanging over the market.” (Source: FXStreet)

5 minutes ago

Fleeting Victory Illusion Shattered in Market, Japanese and South Korean Stocks Plummet

On April 2, stock markets in Japan and South Korea tumbled after Donald Trump failed to outline a clear ceasefire timeline in a national address. The Japanese Nikkei 225 index erased earlier gains, last down 1.1% at 53,151.80 points. South Korea’s KOSPI index dropped 3.00% intraday and was last trading at 5,313.97 points. Trump’s comments dashed market hopes for a swift resolution to the Iran conflict. He stated the U.S. is on the verge of achieving all its military objectives and will launch fierce strikes against Iran in the next two to three weeks. (Source: FX678)

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Iran Launches Missile in Response to Trump Speech

April 2: Moments after Donald Trump concluded his national address, Iran launched another barrage of missiles at Israel. (Kimchi)

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SlowMist: Drift's multi-signature mechanism was modified a week before the theft, followed by an admin key leak

**April 2nd: SlowMist’s Drift Hack Analysis** SlowMist’s breakdown of the Drift protocol hack shows that one week before the attack, Drift updated its multisig setup to a 2/5 threshold (1 existing signer + 4 new signers) and skipped implementing a timelock. The attacker exploited this gap to gain admin access, mint counterfeit CVT tokens, manipulate the oracle, disable security protocols, and siphon high-value assets from the liquidity pool. Stolen funds have since been consolidated into a single Ethereum address, holding roughly 105,969 ETH (valued at ~$226 million). SlowMist noted that tracking efforts for the funds are ongoing.

5 minutes ago

ZachXBT Calls Out Circle Again: Accuses It of 'Slow Response' in Drift Hack Incident

On April 2nd, on-chain sleuth ZachXBT accused Circle of failing to act promptly during the Drift attack. He noted that during U.S. trading hours, tens of millions of USDC were transferred from Solana to Ethereum via a cross-chain protocol—with no intervention for hours. He also stated the funds in question had been successfully transferred, adding Circle “once again took no action.” ZachXBT further pointed out Circle had previously mistakenly frozen over 16 business hot wallets, which are currently being gradually unfrozen. He called out Circle and its CEO Jeremy Allaire, saying their actions have negatively impacted the industry.

5 minutes ago

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