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Websea Contract Insurance β Pool Airdrop 100 Achieved, Airdropped Amount Exceeds $1.5 Million

2 hours ago

**Websea Beta Insurance Pool Hits 100th Airdrop Release Milestone on April 1** Since its launch, Websea’s Beta Insurance Pool has completed 100 consecutive airdrop releases in just 50 days—validating the pool’s efficient capital circulation and driving widespread user participation. As a key part of Websea’s dual insurance pool system (paired with the Alpha Pool), the Beta Pool uses a **Staggered Airdrop Claim Round Adjustment Mechanism** to dynamically match airdrop timelines to the number of active nodes. This design has boosted capital turnover in the insurance system and better supports risk management for high-frequency traders. Over 100 operating periods, the Beta Pool’s airdrops have correlated positively with user engagement: transaction volumes have grown, capital utilization has improved, and the system’s risk capacity has expanded dynamically. With this latest release, Websea’s dual pools (Alpha + Beta) have entered a coordinated operation phase. The parallel structure caters to users with varying trading frequencies and provides the platform with stable, sustainable risk management support.
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Franklin Templeton to Acquire CoinFund's Spinout Company 250Digita

On April 1st, The Wall Street Journal reported that global asset management giant Franklin Templeton has announced plans to acquire 250 Digita—a spinoff of venture capital firm CoinFund—to expand its cryptocurrency investment products. 250 Digita was spun off from CoinFund in January of this year. ### Notes on American English adaptation: 1. **Date clarity**: Added preposition *On* (standard for formal/informal U.S. writing) 2. **Conciseness**: Used *has announced plans to* (more precise than flat *will acquire*, reflecting a planned move) 3. **Natural phrasing**: Replaced *CoinFund's spinoff* with *a spinoff of CoinFund* (avoids clunky possessive; common in U.S. business writing) 4. **Industry shorthand**: Kept *cryptocurrency* (clear for a financial audience; *crypto* is also acceptable but *cryptocurrency* is more formal for a WSJ-style update) 5. **Flow**: Used em dash to clarify 250 Digita’s relationship to CoinFund (streamlines complex info, typical of U.S. news briefs)

4 minutes ago

A whale has increased its holdings by 21,000 ETH, bringing its total holdings to 25,000 ETH.

On April 1st, per OnchainLens data, a crypto whale purchased 21,000 ETH (valued at $44.74 million) from Binance and currently holds 25,000 ETH (worth $53.28 million).

4 minutes ago

Paragon stakes 500,000 HYPE tokens and launches the HIP-3 DEX platform Para

On April 1st, per MLM Monitor: Paragon (PARA) staked 500,000 HYPE tokens (roughly $18.5 million worth) two days prior, then launched its HIP-3 decentralized exchange, Para, on the mainnet 8 hours ago—securing trading pairs TOTAL2, OTHERS, and BTCD.

4 minutes ago

A whale with a $4.7M position FOMOed into gold, becoming the whale with the closest liquidation address among existing on-chain whales

April 1: Per HyperInsight monitoring, a whale with an address starting with 0x198 today opened a 25x leveraged long position on GOLD, with a size of $4.24 million, an average entry price of $4,610, and a liquidation price of $4,606. As gold’s spot price climbed above $4,720, the position’s current unrealized gain has reached $114,000 (+60%). Among all on-chain whales holding PAXG and GOLD gold positions, this address is the closest to its liquidation price.

4 minutes ago

The probability of a 25 basis points rate hike by the Federal Reserve in April has dropped to just 0.5%.

As of April 1, CME’s FedWatch data shows the probability of the Federal Reserve hiking rates by 25 basis points in April has fallen to 0.5%—down from a brief 12.4% on March 23. Rate hike odds are now nearly negligible, with a 99.5% chance rates will remain unchanged.

4 minutes ago

US Stock Pre-market Crypto Stocks Surge, CRCL Up by 2.64%

On April 1, Bitget market data indicates U.S. crypto-related stocks posted broad gains in pre-market trading. Key movers include: - Circle (CRCL): +2.64% - American Bitcoin (ABTC): +2.56% - Bit Digital (BTBT): +2.31% - Sharplink Gaming (SBET): +2.02% - Gemini (GEMI): +1.81% - Robinhood (HOOD): +1.52% - Coinbase (COIN): +1.41% - Riot Platforms (RIOT): +1.42%

4 minutes ago