CZ: The memoir book title "Freedom of Money" is still a draft and may change

On April 4, Shanghai officially released the *Several Measures of Shanghai Municipality to Support the Development of the Gaming and Esports Industry* (dubbed the "Shanghai Ten Articles on Gaming"), according to Xinmin Evening News. The measures outline key priorities: - Supporting gaming and esports firms in researching/applying technologies (AI large models, blockchain, big data, cloud computing) and terminal devices, plus building basic game tools like engines and 3D modeling software. - Promoting blockchain use in copyright registration, rights protection, transactions, and settlement. - Encouraging game companies to partner with electronic device makers to explore more multi-terminal development opportunities for games.

On April 4, per Onchain Lens data, a whale emerged from 5 months of dormancy to deposit 1 million USDC into HyperLiquid and open a 20x leveraged long position on 20,000 BRENTOIL. Before this move, the whale had already accumulated over $12.44 million in gains.

**India Resumes Iranian Crude Imports Amid Middle East Supply Turmoil** India’s Ministry of Petroleum announced Saturday that its oil refineries have purchased Iranian crude oil as Middle East turmoil disrupts supplies through the Strait of Hormuz. As the world’s third-largest oil importer and consumer, India had not received Iranian oil shipments since May 2019, when U.S. pressure forced it to halt purchases. Supply disruptions linked to the U.S.-Iran conflict have hit India hard. Last month, the U.S. temporarily lifted sanctions on Iranian oil and petroleum products to ease global shortages. In a post on social platform X, the ministry stated: “Against the backdrop of disrupted Middle East supplies, Indian oil refineries have met their crude oil requirements—including from Iran—and there are no payment barriers for Iranian crude imports.” The ministry added India has secured all crude oil needs for the coming months. “India imports crude from more than 40 countries, and c

April 4th — Glassnode data reveals Bitcoin’s “Sharks” (holders with 100–1,000 BTC) and “Whales” (1,000–10,000 BTC) posted average daily losses of roughly $188.5 million and $147.5 million, respectively, in Q1 2026 — totaling around $337 million daily. Year-to-date cumulative locked losses have hit $30.9 billion, approaching 2022 bear market levels. Analysts note current selling pressure stems from rising macro risks (inflation expectations, AI trading congestion, etc.) and waning market confidence, with large holders accelerating exits via stop-losses. Meanwhile, Long-Term Holders (LTH) continue to post an average daily loss of ~$200 million, signaling no clear “selling pressure exhaustion” yet. Institutions warn Bitcoin faces further downside risk amid multiple pressures, with some projecting a potential bottoming range of $40,000–$50,000.

**April 4 (New York Post) — U.S. Secretary of Defense Pete Hegseth was paranoid about being replaced by Army Secretary Dan Drieskell, prompting Army Chief of Staff Gen. Randy George — Drieskell’s top aide — to be asked to resign immediately. Hegseth has not publicly stated a reason for the resignation request.** **An anonymous official noted the move stems from Hegseth’s personal insecurity following the 2025 Signalgate incident, as tensions escalate within the Pentagon amid the Iran conflict.**

**On April 4, the People’s Court of Qinzhou District in Tianshui City, Gansu Province, China, ruled in a criminal case involving virtual currency cash-out assistance.** The defendant, lured by "high-paying part-time errands," knowingly participated in hiding fraudulently obtained funds. Over seven days, the individual made multiple cash withdrawals in surveillance blind spots totaling more than 390,000 yuan (≈$54,000, approximate conversion), converted the funds to virtual currency, and transferred them to upper-level operators—earning 21,500 yuan in illegal gains. The court convicted the defendant of concealing and covering up criminal proceeds, sentencing them to two years and four months in prison, imposing a 10,000-yuan fine, and ordering the confiscation of all illegal gains. In a public reminder, the judge noted that offline cash withdrawal has become a key link in laundering proceeds of telecom fraud. "Cash withdrawal errands" and "high-paying daily settlements" are oft