Circle has announced the launch of the Arc Developer Fund

On April 2, per Bitget data, U.S. stock futures extended losses: Nasdaq 100 futures are now down over 2%, Dow Jones futures ~1.4% lower, and S&P 500 futures off ~1.6%.

On April 2nd, Vibhu Norby, Chief Product Officer at the Solana Foundation, said in a post that Drift has faced a highly sophisticated attack, with the attack’s origin still under investigation. Notably, the incident is not linked to program or smart contract vulnerabilities. Like most recent crypto attacks (including those targeting Bybit, Neutrl, and Step), this appears to stem from an operational security (opsec) or social engineering compromise—rather than contract-related risk. Unfortunately, the incident involves a Solana-based project. But in reality, any protocol relying on multisig protection is vulnerable to similar attacks across any blockchain. As the investigation progresses, the industry can expect a range of lessons learned to be summarized and shared. This is an isolated incident, however, and does not signal any systemic issues with Solana DeFi or other Solana products. Norby added he believes the Solana DeFi community will regroup and rebuild quickly, as it ha

Official sources confirm that BeatSwap’s Trading Competition has exceeded $5 million in trading volume over its first 7 days, as of April 2. Launched on March 27, the event has attracted more than 2,000 active participants. Key volume breakdown: - Centralized Exchanges (CEX: Gate & MEXC): $1.77 million (includes buy and sell orders) - Decentralized Exchange (on-chain): $1.62 million (currently only counts buy volume) The competition is scheduled to conclude on April 5.

April 2 — Data from Bitget shows international crude oil surged in intraday trading. WTI crude’s intraday gain climbed to 10%, with the benchmark last trading at $109.04 per barrel. Brent crude, meanwhile, is currently up 8.8%. (IG)

On April 2nd, Mergermarket’s Sam Kerr stated that the ongoing market downturn spurred by the Middle East conflict could potentially shrink the size of SpaceX’s initial public offering (IPO). The slide in U.S. stock indices has narrowed the company’s available issuance windows. The Wall Street Journal reported that a confidential filing with the U.S. Securities and Exchange Commission (SEC) indicates SpaceX is targeting a July IPO. “Issuing any deal in a weak market—no matter how high-quality the company—limits the valuation you can secure,” Kerr said. He added that the expected size of SpaceX’s IPO itself has compounded the company’s challenges, though Musk may be banking on retail investor participation to boost demand. (Source: Golden Finance)

April 2, Polygon unveiled a Private Mempool—a private gateway for submitting transactions that shields individual transactions from front-running and sandwich attacks. Users just need to swap their RPC endpoint for the corresponding private entrypoint to use this feature; no additional steps are required.