The Hong Kong Securities Commission has issued a regulatory framework for secondary market transactions in monetized investment products; Strategy held 34,164 bitcoins last week; KAIO completed $8 million in strategic financing awarded by Tether
Photo by ChainCatcher
Important information:
- Aave Outwards $10.1 billion and total deposits down to $35.7 billion
- Polymarket is negotiating $400 million in financing, valued $15 billion
- The Hong Kong CSRC has issued a regulatory framework for secondary market transactions in token investment products
- Strategy spent $2.54 billion last week buying 34,164 bitcoins
- Bitmine increased the last week by 101,627 ETH, increasing the total hold to approximately 4.976,000
- KAIO completes $8 million in strategic financing, Tether takes over
What's important about the past 24 hours
KAIO completes $8 million in strategic financing, Tether takes over
ChainCatcher reports that KAIO, a regulated monetized infrastructure company in Abu Dhabi, announced the completion of $8 million in strategic financing, with the participation of Tether and a number of encrypted and institutional investors, totalling $19 million. New investors include Systemic Ventures, Further Ventures and Laser Digital, and old shareholders like Brevan Howard Digital。
KAIO is committed to bringing the traditional fund products of Beled, Brevan Howard, Hamilton Lane into chains and lowering the access threshold with a minimum investment of $100 for eligible users. The company plans to expand its operations to credit, structured products and ETFs, and to launch a chain fund in partnership with the US$ 38,850 billion-manufactured capital of the UAE private capital giant Mubadara。
Tether CEO Paolo Ardoino states that KAIO has set up a new path for capital formation and investment by chaining up institutional assets and achieving wider accessibility. The KAIO platform is embedded in the compliance framework and supports regulatory systems such as Abu Dhabi, the Cayman Islands and Singapore. Currently, companies manage approximately $100 million in assets and cumulatively process transactions in excess of $500 billion。
Bitmine increased the last week by 101,627 ETH, increasing the total hold to approximately 4.976,000
ChainCatcher NewsAccording to PR Newswire, the Taifung Treasury Company, Bitmine Immersion Technologies, disclosed an increase of 101,627 ETHs last week, and the company's encrypted asset holdings currently include 4,976,485 ETHs, 199 BTCs, Eightco Holdings, valued at $107 million and valued at $200 million。
IN ADDITION, THE COMPANY PLEDGED A TOTAL OF 3,334,637 ETH (US$ 2,301 PER UNIT FOR A TOTAL OF US$ 7.7 BILLION)。
OKX Star: An extra $25,000 reward to support ZachXBT to investigate RAVE manipulation
ChainCatcher, founder of the OKX and CEO Star forwarding chain detective ZachXBT, when tweeting about the RAVE market manipulation, stated that the OKX risk engine was working properly and was not affected by the RAVE market fluctuations. Star announced that OKX would provide an additional $25,000 to support ZachXBT's investigation into the RAVE incident。
It is known that ZachXBT had previously issued a communication alleging that RAVE was involved in market manipulation, calling for a joint investigation by François, Bitget and Gate and offering a reward of $25,000. As of the submission, the price of RAVE tokens had fallen to less than US$ 1, down by more than 95 per cent from the highest point。
Strategy spent $2.54 billion last week buying 34,164 bitcoins
ChainCatcher, according to official sourcesStrategy spent $2.54 billion last week on purchases of 34,164 bitcoins at an average price of approximately $74,395。
AS AT 19 APRIL, THE COMPANY HELD 815,061 BTCS, WITH A CUMULATIVE PURCHASE COST OF APPROXIMATELY $61,56 MILLION, AN AVERAGE WAREHOUSE PRICE OF APPROXIMATELY $75,527 AND A BTC RETURN OF 9.5 PER CENT FROM 2026 TO DATE。
ChainCatcher NewsLido sent a communication on platform X indicating that on April 18, its Eartheh gold bank was affected by the theft of 11.65 million rsETH (approximately $292 million) of its Kelp DAO trans-chain bridge。
EarnETH holds an estimated $216 million rsETH risk exposure through rsETH/ETH leverage positions on Aave, about 9 per cent of total treasury assets. At present, the EarnETH team is actively leveraging risk reduction, the results of which depend on final decisions by Kelp, LayerZero and Aave on the allocation of losses and the treatment of bad debts。
Lido further states that EarnETH has a $3 million “loss protection mechanism” funded by the Lido DAO Treasury, which will be used to compensate for the losses if necessary. At present, the Treasury has suspended foreclosure processing to assess losses. The incident did not affect the seth and wstETH, the Lido core pledge agreement was not covered。
ChainCatcher reports that Kelp DAO challenged the investigation report of LayerZero on the previous $290 million rsETH bridge attack, according to CoinDesk。
Kelp DAO asserts that the single certifier (1/1) that led to the attack was not configured to ignore the recommended choice, but was the default set in the official LayerZero guide, and that the network of certifiers (DVN) used by the attacked person was LayerZero ' s own infrastructure。
The attack resulted in the theft of 11.65 million rsETH, valued at approximately $290 million. Security researchers point out that LayerZero ' s open deployment codes are defaulting on a single-source authentication configuration on networks such as the Taifung, the Money-Ann Smart Chain, Polygon, Arbitrum and Optimism。
LayerZero subsequently responded that it would stop signing messages for any application set up for the use of a single-certification device and enforce a safe relocation。
ChainCatcher reports that the Singapore Overseas Bank (OCBC) and its asset management, Lion Global Investments, have disclosed that GOLDX Token, a token of the In-kind Gold Fund, will be released in the Taifung and Solana chains, and that the Bank will support the design of the token distribution architecture, while Lion Global Investments provides the investment framework and governance structure for the base fund。
ChainCatcher reports that the Hong Kong Securities and Futures Supervisory Commission has issued a new regulatory framework that allows the Currency Censorship Commission to recognize investment products for sale in secondary markets to facilitate the development of Hong Kong ' s digital asset trading activities。
The new guidelines mainly facilitate the use of the Open Fund for Currencyization for secondary market transactions on a licensed virtual asset trading platform and will consider, on a case-by-case basis, allowing for off-site trading arrangements. As of March 2026, 13 tokenized products had been sold to the public, and the total value of shares management assets in the token category had increased to approximately 10.7 billion yuan. The first products are expected to be mainly monetized money market funds. The new measures cover fair pricing, orderly transactions, liquidity provision and disclosure。
Fu Peng joined the Hong Kong Stock Markets New Fire Group as Chief Economist
ChainCatcher NewsThe former chief economist of Northeast securities, Peng Peng, has recently formally joined the Hong Kong Stock Markets New Fire Group as chief economist. New Fire has confirmed this news。
ChainCatcher live, a keynote speech by Vitalik Buterin, a co-founder of the Taifeng, at the 2026 Hong Kong Web3 Carnival. He will define the workshop as two core functions: a public bulletin board, which supplies information and data for distribution; and a shared digital object controlled by code, which covers assets, NFT, ENS and DAO. He stressed that the goal of the Taifaf was not to compete with the speed of high-frequency trading platforms, but rather to become the safest, least centralized and always online credible chain。
WITH REGARD TO THE SHORT-TERM ROAD MAP, HE INTRODUCED THE ACCOUNT ' S ABSTRACT PROPOSAL EIP-8141, WHICH HAD INDIGENOUS SUPPORT FOR SMART CONTRACT WALLETS, ANTI-QUANT SIGNATURE ALGORITHMS AND PRIVACY PROTOCOLS; AND THE QUANTUM RESISTANCE, WHICH CURRENTLY HAD TWO SIGNATURE SCHEMES, HASHI AND GIKI, WHICH THE TEAM WAS SIGNIFICANTLY INCREASING ITS EFFICIENCY THROUGH EVM。
HE REVEALED THAT ZKVM WAS FAST ENOUGH TO PROVE REAL-TIME IMPLEMENTATION OF THE EVM, AND THAT THIS YEAR THE GOAL WAS TO ENSURE ITS SAFETY, WITH THE PLANNED DEPLOYMENT STARTING WITH SMALL-SCALE NETWORKS AND BECOMING THE MAIN MODE OF THE CERTIFICATION CHAIN BY 2028, WHICH WOULD SIGNIFICANTLY EXPAND THE CAPACITY OF THE TAIFENG WITHOUT SACRIFICING ITS CENTRALIZATION. IN TERMS OF LONG-TERM VISION, THE TAIFUNG INDUSTRY IS ACTIVELY USING AI TO GENERATE MATHEMATICAL CERTIFICATES TO FORMAT VALIDATION SOFTWARE SECURITY AND TO PURSUE FULL QUANTUM SECURITY AND MAXIMUM SIMPLICITY TO ENSURE THAT PLATFORM SECURITY DOES NOT DEPEND ON THE CONTINUED EXISTENCE OF ANY SINGLE TEAM。
ChainCatcher reported live that Fan Wen, the Managing Director of the Chinese Finance Society and former Chairman of the Beijing Kim Control Group, also gave a keynote address at the 2026 Hong Kong Web3 Carnival. He noted that at present, a turning point in the history of a shift towards modern banking in the form of a money ticket number, AI is the advanced productivity of the physical world, and Web3 is the new production relationship of the digital world, the integration of which will lead to the creation of a central smart economy (DAE)。
He analyses that AI Agent has the capacity to implement but lacks independent identity, account and trust mechanisms, and Web3 addresses these pains through smart contracts, chain identities and programmable currencies; in turn, AI Agent has significantly reduced the threshold for use of Web3. He suggested that DAE had four main features: intellectual sovereignty and 7x24-hour operation, high-frequency atomic exchange, collaborative mechanisms based on technical trust rather than ethical law, and organizational evolution from the company to DAO to the decentralised AI (DAC)。
He warned that the change would hit the labour market, that the white collar would be replaced by the blue collar, that AI Quantification Fund had achieved far more benefits than the dispersed households, and recommended that the Government advance social security reforms. Finally, he recommended that Hong Kong develop an autonomous high-performance public chain, pilot limited digital personality registration, introduce web3+AI composite talent, establish a digital finance industry fund and promote synergy and innovation between the Hong Kong dollar and the digital renminbi。
Aave Outwards $10.1 billion and total deposits down to $35.7 billion
ChainCatcher reports that, according to chain analyst's follow-up, Aave's financial outflows since yesterday morning's events have continued, totalling $10.1 billion, reducing total deposits from $45.8 billion to $35.7 billion, of which $4.5 billion is stable. The outflow caused 13.4% ASY to maintain interest rates on stable currency deposits for an entire day。
ChainCatcher, according to The Block, was attacked last Friday night by the DNS hijacking at the eth.limo. The project published a post-factor analysis report on Saturday to trace the attack to a socio-engineering attack against the domain name register, EasyDNS。
eth.limo states that DNSSEC has denied the attacker ' s domain name server change and no actual impact on the user has been detected. In response to the recent multiple breakups at the DNS front end of encryption, the eth.limo plan to migrate to a stricter security service under the EASYDNS flag, which no longer supports account restoration。
EasyDNS CEO Mark Jeftovic has publicly acknowledged this loophole as the first successful socio-engineering attack against a client in 28 years。
Polymarket is negotiating $400 million in financing, valued $15 billion
ChainCatcher, according to the Information Counsel, Polymarket, a forecast market platform, is in the process of negotiating financing with investors, with an estimated $15 billion worth of $400 million (including new funds)。
This financing will be added to the $600 million in the last month ' s portfolio of financing invested by the Intercontinental Exchange (the head company of the New York Stock Exchange), which did not disclose the valuation at that time. Polymarket is looking for more strategic investors outside the intercontinental exchange。
Meme Hot List
According to Meme Currency Tracking and Analysis PlatformGMGNBy April 21, 0900
Former 24h ETH top five in order: LINK, PEPE, UNI, Mog, SPX
In the past 24h Solana top five hot coins were: TROLL, Swarms, Punch, Net, LOL
Former 24h Base top five in order: SKITTEN, PEPE, BASED, B3, SCAN
What are the good articles worth reading in the past 24 hours
Since the age of "Rollup is service" (RaaS), the end has been doomed. This is a precursor to the death spiral and commercialization of the executive layer。
I MEAN, THE COMMON L1 TOKEN WILL CONTINUE TO BE ZERO, AND IT MAY BE WITHOUT EXCEPTION. I'LL TRY TO EXPLAIN WHY AND HOW I'D CHANGE MY COURSE IF I WERE AN OPERATOR OF L1。
THE MAIN DRIVERS OF THE L1 FAILURE ARE: LINEAR TOKEN RELEASE, FAILED VALUE PROPOSITIONS, POOR GOVERNANCE AND INDUSTRY LEADERSHIP。
I will briefly elaborate on those points — those are personal points, not conclusive ones。
On 20 April, at the high-profile opening ceremony of Hong Kong's 2026 Web3 Carnival, Vitalik Buterin, a co-founder of Taifung, delivered an axle keynote speech that provided an in-depth analysis of the ultimate vision of Taifung as a world computer and the hard-core road map for the next five years。
WHEN THE HEAD IS ENCRYPTED, THE VC IS COMPLETELY REDUCED
AT THE TIME OF THE OVERALL DECLINE OF THE ENCRYPTION MARKET, ALMOST ALL OF THE ENCRYPTED VCS HAD SHRUNK AND THE INDUSTRY HAD ENTERED A BRUTAL CLEAN-UP CYCLE. IN THIS CONTEXT, HOWEVER, AN ENCRYPTED VENTURE FUND THAT HAS BEEN IN EXISTENCE FOR LESS THAN FIVE YEARS BECOMES THE PERFECT EXCEPTION, COMING OUT OF THE GROWTH CURVE IN A CONTRACTION
According to Fortune journalists received an undisclosed collection of encrypted VC financial disclosure documents from SEC in the United States last week, data show that the size of management assets (AUM) of the head offices Paradigm, Pantera, a16z crypto, Multicoin and others contracted in 2025, more than half of which Multicoin contracted。
The only negative growth was made by Haun Ventures, a wind-in fund that had been in existence for only four years, with its management increasing from the initial $1 billion to $2.5 billion in 2025。
