Balance (EPT) will be listed on Binance Alpha and Binance Futures

EVAA Launches E-Mode to Boost Capital Efficiency in TON Ecosystem (April 29) With TON’s current interest rate around 24%, the new Efficient Mode (E-Mode) can push annualized yields up to ~41% by improving capital efficiency. Key details: - Stablecoins qualify for a max 91% loan-to-value (LTV) ratio; TON-related assets hit up to 89%. - E-Mode activates automatically when users borrow/lend within the same asset group and enter the expansion range—no manual setup needed. Protocol impact: Higher capital efficiency lifts overall utilization, driving trading activity and fee growth. This strengthens the Treasury pool, providing more resources for future buyback mechanisms. EVAA notes E-Mode isn’t just a roadmap item—it’s a new benchmark for capital efficiency in the TON ecosystem.

On April 29, ZetaChain released a post-mortem report confirming the April 24 attack stemmed from a vulnerability in its cross-chain messaging channel. The attacker exploited three interconnected issues: - The cross-chain system allowed unrestricted arbitrary function calls; - The GatewayEVM contract on the receiving side accepted most commands—including "transferFrom"; - Users had previously granted irrevocable, unrestricted approvals when depositing tokens via the GatewayEVM.deposit() function, enabling the attacker to withdraw tokens from their wallets. The attack involved 9 total transactions across Ethereum, Arbitrum, Base, and BSC chains, resulting in $333,868 in total losses (primarily in USDC and USDT). It only impacted three internal team wallets—no user funds were lost. ZetaChain noted the attacker was not an opportunist; they had invested significant time and resources in preparation, including funding wallets via Tornado Cash three days prior to the attack and condu

April 29: A new proposal landed on the Lido Research Forum, pushing for a temporary reduction to the EarnETH treasury’s first-loss protection threshold via DAO authorization amid the Kelp incident. Under current rules, Lido Earn’s protection only activates when treasury losses exceed 1% of holdings. But the proposal notes that if the rsETH shortage is resolved through DeFi United, actual losses may dip below that 1% threshold. To ensure EarnETH users get full compensation, the proposal recommends a one-time exception for this incident—allowing the first-loss fund to cover losses under the 1% mark. The current estimated remaining borrowing rate loss ranges from 400 to 600 ETH. The proposal emphasizes this is a one-time arrangement tied to user protection, brand reputation, and business needs, and won’t alter the general 1% rule. Since the rsETH incident is expected to wrap up in 5-10 days (and the standard voting window is 7 days), the proposal is time-sensitive.

**April 29 – A U.S. court sentenced Maximilien de Hoop Cartier, a descendant of the Cartier luxury brand family, to 8 years in prison for running an unlicensed OTC cryptocurrency exchange and helping transfer over $470 million in drug trafficking proceeds.** Cartier had previously pleaded guilty to operating an unlicensed money transmission business and conspiracy to commit bank fraud. Per prosecutors, his network relied on dozens of U.S. shell companies and more than a dozen U.S. bank accounts. He lied to financial institutions about his business’s true nature—falsely claiming he ran a software publishing and development firm—to keep the accounts active. The scheme worked like this: Cartier received illicit funds as cryptocurrency, converted them to cash, deposited the cash into shell company accounts, passed it to other nodes in the money-laundering network, and finally withdrew the funds in Colombian currency. The court also ordered the seizure of roughly $2.36 million i

April 29 – Former President Trump posted on Truth Social: “Iran is a mess. They have no clue how to negotiate a nuclear deal. They’d better wake up soon!”

April 29 — Iranian reports indicate Pakistan has opened six land routes to Iran, bypassing the commercial blockade tied to Hormuz Strait tensions and offering an alternative passage for thousands of containers. (CGTN)