1. Total market value of DeFi tokens: US$52.123 billion
DeFi Total Market Cap Data Source: coingecko
2. Trading volume of decentralized exchanges in the past 24 hours: $44.76
Trading volume of decentralized exchanges in the past 24 hours. Data source: coingecko
3. Assets locked in DeFi: $957.07 billion$100 million
Top 10 DeFi Projects by Locked Assets and Total Value Locked. Data Source: defillama
1. Total Market Value of NFTs: $7.681 billion
2.24 hours NFT transaction volume 1.385 billion USD
Toutiao
US Vice President Urges Iran to Negotiate in Good Faith or Face Consequences
US Vice President Vance stated that there has been positive progress on the Iranian issue, with Iran agreeing to open the Strait of Hormuz. He pointed out that military objectives against Iran have been achieved. The US and its allies have agreed to cease attacks on Iran, which forms the basis of a "fragile ceasefire." He said that the reaction to the ceasefire within Iran is mixed, with some people very enthusiastic and others distorting the achievements already made. Vance emphasized that Trump has lost patience on the Iranian issue, and if Iran does not participate in negotiations in good faith, they will find that Trump is not someone to be trifled with. Trump instructed the US negotiating team to reach an agreement with Iran "in good faith," but at the same time clearly warned that if Iran is not sincere or violates the agreement, it will face consequences.
AI Hot Topics 1. OpenClaw Releases Update, Adds Inference Functionality OpenClaw released version 2026.4.7, adding OpenClaw inference functionality, music and video editing, session branching/resumption, and Webhook-based TaskFlows. It also supports Arcee, Gemma 4, and Ollama sensory models, and introduces the memory-wiki persistent knowledge system. 2. Sam Altman is accelerating OpenAI's IPO, pledging $600 billion for computing power. On April 7th, according to The Information, Sam Altman is racing against time to push forward with the IPO, while simultaneously pledging $600 billion for computing power, even though OpenAI has privately warned that cash burn will skyrocket by 2030. 3. Bitcoin miners face new competition in the cheap electricity sector: Anthropic signs multi-gigawatt computing power agreement. On April 7th, Anthropic reached its largest computing power cooperation agreement to date, partnering with Google and Broadcom to acquire multi-gigawatt levels of next-generation TPU computing power starting in 2027. Meanwhile, its annualized revenue has grown from $9 billion at the end of 2025 to $30 billion. The rapid expansion of AI infrastructure is becoming a direct competitor to Bitcoin mining in scarce energy resources, including grid access, land, cooling capacity, and cheap electricity. AI is now one of the largest sources of new electricity demand in the United States. Under pressure from rising costs and volatile mining economics, large Bitcoin mining companies are increasingly shifting towards supporting AI workloads, positioning themselves as power and data center infrastructure providers while also engaging in Bitcoin mining, rather than solely as mining companies.4. Former OpenAI Employees Launch $100 Million VC Fund Zero Shot, Focusing on AI Investments
On April 7th, several former OpenAI employees jointly launched the venture capital fund Zero Shot, targeting $100 million. It has already raised approximately $20 million in its first round and completed several investments. The fund was initiated by Evan Morikawa, Andrew Mayne, Shawn Jain, and others, with Kelly Kovacs and Brett Rounsaville also participating. Invested projects include enterprise automation platform Worktrace AI and robotics company Foundry Robotics.
1. Sky Protocol Proposes Two Major Structural Upgrades to Strengthen Capital Protection Framework
Sky Governance announced two structural upgrade proposals on April 7th, aiming to strengthen the protocol's capital protection framework. The two proposals are: implementing a stronger solvency buffer mechanism and adopting a more sustainable staking reward model, aiming to consolidate the protocol's long-term stability and prioritize credibility over short-term gains. Sky Protocol pointed out that its yield-generating stablecoin sUSDS is the largest in its category, attributing this success to the protocol's unique risk positioning compared to its competitors.
2. Coinbase issues neutral outlook for Q2 market, citing macroeconomic uncertainty
On April 8th, according to Cryptopolitan, Coinbase Institutional issued a neutral outlook for the second quarter market, citing macroeconomic and geopolitical uncertainties, such as the Iranian conflict, which make forecasts highly unreliable. Coinbase cited a Bank of America fund manager survey, indicating that cash holdings rose nearly one percentage point to 4.3% in a single month, the fastest accumulation rate in five years. Despite the recent three to four standard deviations drop in the S&P 500, Bitcoin only experienced a one standard deviation correction, showing relative resilience. The US spot Bitcoin ETF recorded approximately $471 million in net inflows on April 6th, the strongest single-day performance in six weeks, with BlackRock IBIT leading the way. Institutional holdings have risen from 24% a year ago to approximately 38%, with hedge funds, pension funds, and others holding a combined total of over $40 billion.
3. Pharos Network Completes $44 Million Series A Funding
On April 8th, Pharos Network, a Layer 1 blockchain network targeting institutional financial scenarios, announced the completion of a $44 million Series A funding round, co-led by several undisclosed leading institutions, including Asian private equity funds, a listed new energy company, and a compliant financial institution in Hong Kong. Sumitomo Corporation subsidiary, crypto-native institution SNZ, Chainlink, and Flow Traders participated. The funds will be used to accelerate the construction of on-chain real-world asset (RWA) infrastructure in Asia and globally.
4. Ethereum Network Stablecoin On-Chain Value Reaches a New All-Time High of $180 Billion
On April 8th, according to Token Terminal data, the on-chain value of Ethereum network stablecoins reached a new all-time high of $180 billion, accounting for 60% of the global stablecoin market share, and growing by 150% over the past three years.
A cybersecurity expert warns that AI makes it easier for scammers to copy voices and videos, tricking people into giving money. He suggests families use secret passwords to check if calls or messages are genuine and avoid falling for these scams.
WeatherlyGoogle’s AI Mode risks Reddit’s traffic by delivering direct answers from Reddit content without clicks, contributing to a 15% stock drop and user volatility. Reddit’s “Reddit Answers” aims to boost on-site search and retain users amidst rising AI competition.
CatherineCoinbase is being sued by investors for not telling them sooner about a major data breach and a fine from UK regulators. The breach exposed personal user data, causing the company’s shares to drop and leading to multiple legal actions.
AnaisFlorida has proposed a law to remove capital gains tax on Bitcoin and other assets, aiming to attract more investors and boost cryptocurrency use. If passed, this could lead other US states to follow suit and encourage clearer national rules on crypto taxes.
AnaisElon Musk says X Money will launch soon in a “very limited access” beta, adding a digital wallet for storing funds and peer-to-peer payments. While it moves X closer to becoming an “everything app,” the lack of crypto—despite Musk’s support—raises questions about its broader appeal.
CatherineSBF’s release is now set four years earlier than his original 25-year sentence. FTX executives Ryan Salame and Caroline Ellison also received sentence reductions for good behaviour.
KikyoDubai has launched its first government-backed platform, Prypco Mint, allowing people to buy small shares in property using blockchain. The system links directly to official land records and aims to make real estate investment easier and more secure.
WeatherlyOpenAI is opening its first Seoul office to meet rising demand for ChatGPT in South Korea, hiring local talent and strengthening strategic partnerships — most notably, a collaboration with Korean tech giant Kakao.
CatherineCriminals are increasingly using kidnapping and violence to steal cryptocurrency, targeting people instead of systems. As cyber defences improve, attackers are turning to physical threats—including torture—to force victims to give up access to their funds.
AnaisAir Arabia now accepts AE Coin, a UAE-regulated stablecoin pegged to the dirham, for flight bookings, reflecting its push for innovation and alignment with the UAE’s digital finance evolution.
Kikyo