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The Cosmos Ecosystem UX Chain will be gradually paused and is expected to fully shut down by May 15.

2 hours ago

On April 1, UX Chain—a lending blockchain in the Cosmos ecosystem—officially announced it will gradually suspend operations. Users must close out all open positions before the platform’s full liquidation process kicks off on April 30. The protocol is expected to be fully shut down by May 15. UX reserves and the treasury will cover the protocol’s funding gap.
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Korean Exchange Implements KOSDAQ Index Circuit Breaker as KOSDAQ150 Index Futures Surge 6%

On April 1st, Bitget market data shows a South Korean exchange triggered the KOSDAQ Index circuit breaker. Earlier, KOSDAQ150 Index futures jumped 6%, halting algorithmic trading for 5 minutes.

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Idf: Approximately 16,000 Munitions Used to Destroy Thousands of Targets

Early local time April 1, the Israel Defense Forces (IDF) said that since the start of Operation "Roaring Lion," its air force has conducted more than 800 strike missions, dropping roughly 16,000 munitions of various types and targeting over 4,000 sites—killing more than 2,000 Iranian military personnel. The statement added that beyond strikes on Iran, the IDF has carried out multi-front operations, striking roughly 7,000 targets across all its frontlines to date. (CCTV News)

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South Korea's KOSPI Index Extends Afternoon Gain to 8%, Now Trading at 5456.73 Points

On April 1st, Bitget data shows South Korea’s KOSPI index widened its afternoon gains to 8%, currently trading at 5456.73 points.

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As Market Bets Pause, New Address Goes Long 43.7M on Crude Oil Amid Ceasefire Expectation, Conflict Unresolved Within Day

April 1 – Per HyperInsight monitoring, a new wallet starting with 0x9d3 transferred three large sums totaling $19.6 million to Hyperliquid overnight, all withdrawn from its Binance account. At the time, WTI and Brent crude had fallen to recent lows amid expectations of easing geopolitical tensions. The wallet went bottom-fishing, opening 20x leveraged long positions on both WTIOIL and BRENTOIL, and continuously added to its holdings via rollovers in the hour prior to the reporting cutoff. It now holds the largest WTI crude long position on Hyperliquid. The total size of the two long positions has since grown to $43.7 million, with average entry prices of $102.2 (WTI) and $106.5 (Brent). The move is a heavy bet on renewed geopolitical tensions and a rebound in oil prices.

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Israel: Iran no longer poses an existential threat

On April 1, Israeli Prime Minister Benjamin Netanyahu delivered a video address, stating that while Iran and its backed armed groups still retain limited ability to threaten Israel, they can no longer pose an existential threat to the country. Netanyahu also noted that in the past, Israel “stood alone against Iran,” but today it is “fighting alongside the United States” — a claim he framed as unprecedented cooperation between U.S. President Donald Trump and himself, as well as between the U.S. and Israeli militaries. He added that Israel is forging new alliances with some key regional nations to address what he described as the “Iranian threat,” though he did not name the countries involved or provide further details. (CCTV International News)

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US-Iran Ceasefire Expectation Briefly Interrupts Inflation Trade, 'MakerDAO Cofounder' Multi-Million Dollar Position Gives Back $600k Profit Intraday

Hyperinsight data indicates that on April 1, the linked address of MakerDAO co-founder Rune partially closed out its long position in WTIOIL (WTI Crude Oil), with the long-short combination of crude oil and U.S. stock indices moving toward balance. Currently, the address holds roughly $8.5 million in long positions across WTI Crude Oil and Brent Crude Oil, and about $6.3 million in short positions covering the Nasdaq 100 and S&P 500—totaling over $14.8 million in holdings. As of press time, the whale has not further reduced positions today. Over the past week, escalating geopolitical tensions let the combination lock in over $1.4 million in profits. But a U.S.-Iran ceasefire signal lifted market sentiment today, pushing oil prices lower and U.S. stock indices higher. Stagflation trading dynamics came under brief pressure, and the address subsequently gave back roughly $600,000 in profits.

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