Binance Will Support BNB Smart Chain (BEP20) Network Upgrade and Hard Fork

On April 2, the General Office of China’s Ministry of Industry and Information Technology (MIIT) issued a notice launching a special action to empower small and medium-sized enterprises (SMEs) through inclusive computing power. Key measures outlined in the notice include: - Innovating the inclusive computing power service model; - Enhancing three dedicated zones (collectively called the SME Platform Zones): the China Computing Power Platform SME Zone, the SME Service Network Computing Resource Matching Zone, and the National Computing Power Internet Service Node Zone; - Promoting precise matching between SME demand and computing power supply, and rolling out flexible billing models such as "Card Hour," "Core Hour," and token-based billing; - Exploring innovative offerings like the "Computing Power Bank" (allowing SMEs to deposit idle computing resources for flexible cross-region and cross-period access) and the "Computing Power Supermarket"; - Implementing the AI SME Entre

April 2nd: Ceasefire expectations dashed, oil prices climb — per Hyperinsight monitoring (https://t.me/HyperInsight). Abraxas Capital, the largest oil position holder on Hyperliquid, has two addresses with **total unrealized losses hitting $9.7 million**. These addresses rolled over leveraged short positions repeatedly at lows overnight and this morning. Their combined USOIL/UKOIL position size totals $159 million, including: - 5x BRENTOIL shorts: $1.02 billion (average price ~$103) - 5x WTIOIL shorts: $569.9 million (average price ~$98.6)

**Binance to List USDT-Margined Perpetual Futures for QQQ, SPY, AAPL, TSM Starting April 6 – Official** Official sources confirmed on April 2 that Binance will sequentially launch USDT-margined perpetual futures contracts for QQQ, SPY, AAPL and TSM beginning at 21:30 Beijing time on April 6. The contracts will support up to 10x leverage. ### Notes on U.S. English adaptation: 1. **Conciseness**: Used "confirmed" (common in official news) instead of passive "according to"; structured as a clear headline + brief body (standard for U.S. financial alerts). 2. **Terminology**: "Launch/list" (more natural for U.S. crypto/finance audiences than "successively list"); "support up to 10x leverage" (direct, matches industry jargon). 3. **Time/Date**: Retained "Beijing time" for clarity (critical for cross-timezone news); used month-day format (April 2/6, standard in U.S.). 4. **Flow**: Avoided redundant punctuation (removed extra `

`); grouped key details (date of announcement → pr

April 2 — Perp DEX has seen a gradual drop in total fees amid a market downturn, per DefiLlama data, while HyperLiquid’s market share is on the rise. Currently, HyperLiquid accounts for 50% of Perp DEX’s fee volume, with HIP-3 Commodities & Stocks making up 40% of HyperLiquid’s trading volume.

On April 2nd, HyperInsight monitoring (via its Telegram channel: https://t.me/HyperInsight) reported that U.S.-Iran tensions have lifted oil prices. Brent Crude Oil contracts on Hyperliquid briefly broke above $109, with a critical risk: if prices climb above $110, the wallet address 0x8def... (linked to Loracle, a Hyperliquid early contributor) could face partial liquidation. That whale currently holds a $5.18 million short position in Brent crude, with an average entry price of $109 and a liquidation threshold of $111 — making it the position most at risk of liquidation on-chain. Separately, the largest long position address closest to liquidation (0x965...) has a liquidation price of $104.8 and a position size of $4.538 million. Notably, this address is deep in unrealized losses on its S&P 500 short position, leaving no excess margin in its account to support its leveraged Brent crude long position.

Per Onchainlens data, a crypto whale deposited $4.97M into HyperLiquid two weeks prior to April 2. The whale has now opened a small 3x-leveraged BRENTOIL (Brent Crude Oil) short position and may add to this position or launch other trades down the line.