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08:01

Gate Idle Coin Wealth ETH 7-day fixed-term financial management additional reward pool is live; subscribe to enjoy a 10% annualized return bonus.

Gate News, according to Gate’s official announcement Gate’s Yuebi Bao launches an ETH 7-day term wealth management product with an additional rewards pool. Subscription users can enjoy a 10% annualized return bonus. This rewards pool cumulatively provides 500,000 OFC in additional rewards, using a first-come, first-served mechanism. The additional rewards will be distributed to users’ accounts on a daily basis in the form of an equivalent amount of OFC. The platform has an overall cap on the total activity rewards and a limit on the maximum amount each individual user can receive.
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ETH0,11%
OFC11,38%
13:16

Bitcoin mining pool operator Foundry launches a Zcash mining pool, accounting for nearly one-third of new production output

Foundry launched a new mining pool for Zcash on April 13 to meet institutional demand for privacy coins. It has already attracted multiple miners, accounting for nearly one-third of the network’s newly added Zcash production. Zcash is based on zero-knowledge proof technology, which is even more favored by institutions, and its price has risen by more than 75% over the past 30 days.
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BTC0,39%
ZEC-3,97%
09:59

WLFI borrows $50.44 million in stablecoins; the treasury runs out, causing DeFi liquidity to turn negative

World Liberty Financial borrowed more than $50 million in stablecoins on the Dolomite platform in the short term, drawing attention from the DeFi market. WLFI deposited large amounts of governance tokens as collateral, causing the liquidity pool utilization rate to exceed 100%, leaving liquidity nearly exhausted and pushing interest rates sharply higher. Analysis suggests this move could be intended to meet liquidity demand or to increase on-chain activity; investors should carefully assess the risks.
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WLFI-2,99%
USD10,07%
07:02

Jiang Zhuoer shorted ETH at 2,242 dollars, saying the bear market cycle has not finished yet

Gate News message, April 8, Leavitt Mining Pool BTC.TOP founder and CEO Jiang Zhuoer posted that he went short ETH at $2242; this is a mid-to-short-term operation, just like the last time he went long at $1850 and closed it out at $2144. Jiang Zhuoer said that the bear market cycle hasn’t finished yet, and event-driven bounces are opportunities to go short as well; there’s also a small chance that he will start another round again.
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ETH0,11%
BTC0,39%