STO Plunges 60% in 15 Minutes, Yet Still Up 211% in 24 Hours
On April 2, per HTX market data, STO has plummeted 60% in the past 15 minutes, currently trading at $0.8, while posting a 211% gain over the past 24 hours.
10 minutes ago
OKX to List BSB Perpetual Swap Trading
**OKX to Launch BSBUSDT Perpetual Contract on April 2, 2026 (UTC+8)**
Crypto exchange OKX will officially list the BSBUSDT perpetual contract across its web, mobile app, and API platforms at 18:00 UTC+8 on April 2, 2026, per official sources.
Block Street is a DeFi protocol that unifies liquidity for tokenized assets, seamlessly bridging on-chain capital with global markets.
10 minutes ago
MIIT of China: Explore innovative businesses such as "Hash Power Bank" and "Hash Power Supermarket," support SMEs in depositing idle hash power resources
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
10 minutes ago
On-chain Crude Oil's largest short seller "Abraxas Capital" loses nearly $10 million, total position $159 million
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)
10 minutes ago
Binance to List NASDAQ 100, S&P 500, Apple, and TSMC Perpetual Futures Trading
**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
10 minutes ago
Perp DEX Overall Fee Squeeze Amid Market Downturn, with Hyperliquid Currently Holding 50% Fee Share
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.
10 minutes ago
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