Data: Web3 social application Towns has over 400,000 total users, with over 200,000 token holders

On April 19, Curve Finance officially announced it is temporarily pausing its LayerZero infrastructure as a precautionary measure—this comes after an exploit targeting rsETH on the LayerZero network during a recent hacker incident. The pause will remain in place until the team gains further clarity on the incident’s root cause. This action impacts two key areas: 1. CRV bridging on the following chains: BNB Chain, Sonic, Avalanche, Fantom, Etherlink, and Kava (bridging on other chains will continue via native methods). 2. Fast bridging for crvUSD (slow bridging on Layer 2 networks will operate normally).

**April 19 Update** - The U.S.-Iran temporary ceasefire is set to expire Tuesday Eastern Time. - President Trump said a U.S. delegation will arrive in Islamabad, Pakistan, the evening of April 20 (Eastern Time) to join U.S.-Iran talks scheduled for April 21. - Iran has indicated it will not send a negotiating delegation as long as a naval blockade remains in place (it will not negotiate under the blockade). - Jerome Powell’s confirmation hearing as Federal Reserve Chair nominee is also scheduled for April 21. - Polymarket odds put a 94% probability Powell will ultimately be confirmed. - The highly anticipated TRUMP token lunch for crypto holders is set for Saturday. **Key Macro Data & Events by Day:** - **Monday:** China’s 1-year Loan Prime Rate (through April 20); Speeches by German Chancellor Angela Merkel and ECB President Christine Lagarde. - **Tuesday:** U.S. March Retail Sales (month-over-month); U.S.-Iran temporary ceasefire expiration; Trump

On April 19, Defillama founder 0xngmi noted that no WETH positions are currently at risk of imminent liquidation. While weETH on Aave is very close to its liquidation price, all loans using it as collateral are backed by ETH—meaning the overall situation remains safe unless borrowing rates spike sharply. Per official Aave data, the current borrowing rate for weETH on Aave V3 mainnet is ~1.00%.

On April 19, Bitcoin broke through $76,000, with its 24-hour decline narrowing to 0.22%, per HTX market data.

April 19 — In an interview today, U.S. President Donald Trump stated that U.S. Vice President Mike Pence will not attend U.S.-Iran negotiations again due to security concerns. Trump noted the U.S. President’s special envoy Wittkoff and Jared Kushner will arrive in Islamabad, Pakistan’s capital, the evening of April 20 (Eastern Time) to participate in the U.S.-Iran talks scheduled for April 21. (CCTV International News)

April 19th (Caixin) — The one-month public consultation on the draft of the People’s Republic of China Financial Law concluded today, April 19. This marks the first comprehensive finance-focused law in both China and globally. A key market concern centers on the expansion of quasi-judicial powers for financial regulators. Under Article 55 and related provisions, regulators may: - Access, copy, and review property rights information, communication records, and transaction logs of relevant entities/individuals during financial violation investigations; - Directly freeze or seize assets if there’s evidence of suspected transfer/concealment of illegal funds or securities; - Bar individuals suspected of illegal acts from leaving the country during probes. Additionally, Zeng Gang — chief expert and director of China’s Shanghai Finance and Development Laboratory — argues the law should strengthen focus on emerging financial formats. Topics driving global debate (AI-driven financia