Gate.io Launches INIT Perpetual Contract Pre-trading

On April 28, official sources confirm that Compound has put forward a proposal to back the rsETH asset recovery effort coordinated by DeFi United, with plans to contribute up to 3,000 ETH. While Compound’s direct risk exposure is expected to be relatively small, the proposal underscores its broader commitment to upholding the integrity of the DeFi market. By joining this recovery initiative, the protocol aims to strengthen the resilience and long-term sustainability of the entire DeFi ecosystem.

On April 28, Polymarket announced via official sources that it will distribute $1 million in total liquidity rewards for the CLOBv2 migration day tomorrow. During the event, $500,000 of the rewards will be allocated in the first two hours post-migration, with the remaining $500,000 distributed for the rest of the period. Once migration is complete, all eligible markets will activate a fee rebate mechanism.

April 28 – ZetaChain announced today that its GatewayEVM contract was targeted in an attack, though the incident only impacted the project’s internal team wallets, per official sources. The team has blocked the attack vector to prevent further fund risks and plans to release a detailed post-attack analysis report once the investigation wraps up. As a precautionary measure, ZetaChain has temporarily suspended cross-chain transactions at this time. The investigation remains ongoing, and no user funds have been affected by the attack as of now. Current status updates can be tracked on the project’s dedicated status page.

April 28th — Official sources confirm Sky has announced it’s building **Laniakea**, a standardized infrastructure framework for deploying institutional capital to its Sky Agent Network. Currently, the Sky Protocol manages over $110 billion in circulating USDS supply, generating revenue from DeFi lending, private credit, and compliant real-world asset (RWA) strategies. Laniakea will serve as the underlying backbone to boost capital allocation scalability and efficiency, further driving institutional adoption of on-chain finance. The project targets two key pain points: over $300 billion in idle stablecoin funds and a lack of unified infrastructure. Laniakea will standardize across four core areas: 1. Smart contracts 2. Risk & governance 3. Data infrastructure 4. Legal compliance This lets new capital products skip rebuilding underlying frameworks, enabling modular expansion and scalable deployment. It also uses unified risk metrics and loss-layering mechanisms to ensure

On April 28th, per HTX market data: Iran offered an olive branch, stating it would prioritize opening diplomatic channels before discussing nuclear issues. Former President Trump did not outright reject the overture but expressed deep skepticism about Tehran’s sincerity in negotiations, with his core demands remaining unchanged. Bitcoin saw a minor dip, dropping below $77,000 at one point. It’s currently trading at $77,046, down 1.7% over the past 24 hours. Total liquidations across the network hit $395 million in the same period, with long positions accounting for $281 million and short positions $114 million. Per Bitget market data: U.S. stock markets closed mixed on Monday. The Dow Jones Industrial Average ended down 0.1%, the S&P 500 Index rose 0.1%, and the Nasdaq Composite added 0.2%. NVIDIA (NVDA.O) closed up 4%, notching a new all-time high, with a closing market capitalization of $5.2 trillion.

April 28 — Per The Wall Street Journal, U.S. officials say President Trump and his national security team are skeptical of Iran’s latest proposal. The plan calls for Iran to keep the Strait of Hormuz open and pause talks on its nuclear program. Trump reviewed the proposal with aides Monday morning local time. Officials note he did not reject it outright but raised concerns about Iran’s good faith and willingness to meet his core demands. Trump’s key demands: Iran halt nuclear enrichment and commit to never building nuclear weapons. Officials add the U.S. will continue negotiating with Iran, and the White House may release a response and counterproposal in the coming days.