Headline
▌Polymarket Announces Major Upgrade: Reconstructing Matching Engine and Launching Native Stablecoin
On April 7th, Polymarket, an on-chain prediction market platform, announced its "largest infrastructure upgrade since launch" over the next 2-3 weeks, including a complete reconstruction of its trading engine and the launch of its native stablecoin, Polymarket USD. This upgrade will introduce the new CTF Exchange V2 smart contract system, optimize matching logic and order structure, improve matching efficiency, and reduce gas costs. Simultaneously, the platform will upgrade its Central Limit Order Book (CLOB), adopting a hybrid model of off-chain order matching + on-chain settlement. At the asset level, Polymarket will launch Polymarket USD, a native stablecoin pegged 1:1 to USDC, to replace the previous cross-chain version USDC.e on Polygon, thereby improving asset security and consistency.
In addition, the platform will support the EIP-1271 standard, enabling multisignature wallets (such as Safe) to directly participate in transactions, further expanding the use cases for institutional and advanced users. Polymarket stated that existing order books will be cleared during the upgrade, and the specific maintenance time will be announced one week in advance. This upgrade comes against the backdrop of intensified competition in the prediction market, prompting the platform to accelerate performance and user experience improvements. According to the Islamic Republic News Agency (IRNA), Iran retaliated against the United States through Pakistan, refusing a ceasefire and emphasizing the need for a permanent end to the war. As of press time, according to CoinGecko data: BTC price is $68,640.69, a 24-hour change of -0.5%; ETH price is $2,096.50, a 24-hour change of -0.9%; BNB price is $599.16, a 24-hour change of -0.5%. SOL price is $79.79, a 24-hour change of -2.5%; DOGE price is $0.09028, a 24-hour change of -2.1%; XRP price is $1.32, a 24-hour change of -0.6%; TRX price is $0.3162, a 24-hour change of -0.8%. The price of WLFI is $0.0981, with a 24-hour change of -0.6%; the price of HYPE is $36.31, with a 24-hour change of -1.7%. **Policy** The Clarity bill is expected to enter key deliberations in late April, and the stablecoin yield dispute may be nearing a resolution. The core disagreement between the US crypto and banking industries regarding stablecoin yield mechanisms may be close to being resolved. According to multiple sources, both sides have begun a new round of communication on the latest compromise plan. Although details have not yet been disclosed, the overall outlook is optimistic. The draft bill previously promoted by US senators had sparked discontent within the industry, with institutions including Coinbase and Stripe expressing concerns. The much-anticipated Clarity Act is expected to enter committee review in late April. If the yield issue is resolved, the legislative focus will shift to remaining issues such as DeFi, tokenization, and token classification. Furthermore, a White House research report on stablecoin yields and their impact on the banking system has not yet been released. The report is said to generally favor the crypto industry, and the reason for the delay is unclear.
▌SEC Chairman: Crypto “Safe Harbor” Proposal Enters White House Review Stage, Formal Rules Expected Soon
On April 7th, according to Cointelegraph, Paul Atkins, Chairman of the US Securities and Exchange Commission, stated that the cryptocurrency “safe harbor” proposal has entered the White House review stage, and formal rules are expected to be released soon. The proposal includes a “startup exemption,” allowing crypto projects to raise funds without immediate registration.
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▌Sources Reveal Proposed US-Iran Ceasefire Agreement
On April 6, according to sources, the final proposed US-Iran ceasefire agreement includes Iran relinquishing its nuclear weapons in exchange for the lifting of sanctions and the unfreezing of its assets. A plan to end the state of hostilities in the Middle East needs to be agreed upon by Monday. If an agreement is reached, the plan will facilitate an immediate ceasefire, reopen the Strait of Hormuz, and reach a final agreement within 15 to 20 days. The Pakistani Army Chief of Staff spoke separately with US Vice President Vance, Special Envoy Vitkov, and Iranian Foreign Minister Araghchi. Iran and the United States have received a plan to end the state of hostilities, which is a two-tiered agreement: first, a ceasefire, then a final agreement.
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▌US Media Says 45-Day Ceasefire Plan is Just "One of Many Options"
According to US media reports on the 6th, a White House official said that the 45-day ceasefire plan between the US and Iran is just "one of many options" currently under discussion. The White House official stated that US President Trump has not yet approved the plan, and US military operations against Iran are still ongoing.
... (Xinhua News Agency) Blockchain Applications Circle's Arc public chain releases post-quantum cryptography roadmap, covering full-stack upgrades from wallets to validators. On April 6th, according to its official blog, Circle's institutional-grade blockchain Arc released a phased upgrade roadmap for post-quantum cryptography (PQ). The plan is to introduce a post-quantum signature scheme upon mainnet launch and gradually cover the entire stack, including private state protection, infrastructure hardening, and validator authentication. The Arc mainnet will support post-quantum signatures from the outset, employing an opt-in mechanism that eliminates the need for forced migration or a network-wide reset. Users can create wallets with long-term security. The immediate goal is to extend quantum resistance to the private virtual machine (VM) layer, protecting private balances, private transactions, and private recipients. Public keys will be additionally encapsulated with a symmetric encryption layer in privacy mode. The medium-term plan involves upgrading the infrastructure layer to align with industry standards such as TLS 1.3, covering access control, cloud environments, and hardware security modules (HSMs). The long-term goal is to complete validator signature hardening. Given Arc's final block confirmation time of less than 1 second, current assessments suggest that the risk of quantum attacks at this stage is relatively limited, and this will be steadily advanced once the post-quantum consensus toolchain matures. Circle also warns that attackers may employ a "collect now, decrypt later" strategy, and institutions should plan their cryptographic migration paths as early as possible.
▌Galaxy will entrust Broadridge with on-chain GLXY shareholder voting in May
On April 7th, cryptocurrency group Galaxy will become the first company to use Broadridge Financial Solutions' extended governance platform to manage its on-chain shares. Galaxy previously used Superstate's platform for on-chain stock issuance, and will now use Broadridge's platform for its annual shareholder meeting and shareholder voting in May.
Galaxy CEO Mike Novogratz stated, "We have always believed that tokenization will reshape capital markets, and this is a significant step towards a tokenized equity market. Proxy voting is a core feature of equity ownership, and bringing proxy voting on-chain is no longer just a theoretical concept for publicly traded companies." Broadridge's ProxyVote platform allows shareholders to view proxy materials and vote on company matters.
▌CNBC: OpenAI Plans IPO as Early as Q4
On April 7th, according to CNBC: OpenAI plans to IPO as early as the fourth quarter. OpenAI's CEO and CFO are "confident" about the IPO after raising $122 billion.
(Jinshi) Cryptocurrency ... “Since February 2026, a pattern has emerged: every time the price approaches the $70,000 to $80,000 range, it encounters liquidity shortages and profit-taking pressure, thus limiting any rebound.” JPMorgan Chase CEO: Blockchain and Stablecoins Constitute “New Competitors” On April 7th, JPMorgan Chase CEO Jamie Dimon stated that “new technologies” are intensifying competition in the financial industry, with blockchain-based players emerging alongside traditional competitors. In his annual shareholder letter released Monday, Dimon pointed to artificial intelligence, data, and advanced technologies as “key to the future,” marking a shift in financial services towards greater automation and data-driven approaches. While blockchain and digital assets are not the primary focus, Dimon acknowledged that “a whole new wave of competitors is emerging based on blockchain, including stablecoins, smart contracts, and other forms of tokenization.” JPMorgan Chase continues to focus on its own blockchain initiatives, while Dimon emphasized that the bank’s long-term success will largely depend on its ability to deploy artificial intelligence in its operations.
▌Strategy added 4,871 BTC last week, bringing its total holdings to over 766,000 BTC
On April 6th, according to Strategy's official disclosure, Strategy purchased 4,871 BTC last week at an average price of approximately $67,718, for a total cost of approximately $329.9 million. As of 2026, Strategy will hold a total of 766,970 BTC, with a total holding cost of approximately $58.02 billion and an average price of approximately $75,644 per BTC.
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▌Bitmine increased its holdings by 71,252 ETH last week, bringing its total holdings to approximately 4.803 million ETH
Ethereum treasury company Bitmine Immersion Technologies disclosed that it increased its holdings by 71,252 ETH last week. Currently, the company's crypto asset holdings include 4,803,334 ETH, 198 BTC, $92 million worth of Eightco Holdings equity, and $200 million worth of Beast Industries shares. In addition, the company has a total of 3,334,637 ETH staked (equivalent to $7.1 billion at $2,123 per ETH).
... On April 7th, Grayscale transferred 8136 ETH to a Coinbase Prime address, worth approximately $17.5 million. On April 6th, according to the Islamic Republic News Agency (IRNA), Iranian Foreign Ministry spokesman Esmail Bagheei stated that Tehran has finalized its demands in the context of recent proposals to end the war, but will only announce them at an appropriate time, emphasizing that Iran will not succumb to pressure. He stated, "A few days ago, they put forward some proposals through intermediaries, and this 15-point US plan was conveyed through Pakistan and other friendly countries." He added, "Such proposals are extremely ambitious, unusual, and illogical." He emphasized that Iran has its own framework. "Based on our own interests and our considerations, we have compiled and formulated a series of demands that we have put forward in the past and present." He also denied that contact with the mediators meant weakness. "The fact that Iran has quickly and bravely expressed its position on a proposal should not be seen as a sign of surrendering to the enemy." (Jin Shi) The statement claimed that the Islamic Revolutionary Guard Corps (IRGC) Navy used cruise missiles to strike the container ship SDN7, belonging to the "Zionist regime," which was destroyed and caught fire. Missiles were also used to strike strategic centers north and south of Tel Aviv, in Haifa, chemical plants and factories in Beersheba, and military bases in Batkhfer. The statement further indicated that the US amphibious assault ship LHA7, carrying over 5,000 sailors and Marines, was also struck by missiles and forced to retreat to the deep waters of the southern Indian Ocean. The statement also claimed that a joint UAE-Israel drone production center, as well as several aircraft stationed at Ali Salim Air Base, were attacked by drones and missiles. (Jinshi) On April 6, according to foreign media reports, traffic volume in the Strait of Hormuz rose to its highest level since the beginning of the Middle East war, as more countries reached safe passage agreements with Iran. A total of 21 ships passed through the waterway over the weekend, the highest two-day total since traffic began to decline in early March. Although the current number of ships passing through is still far below pre-war levels (approximately 135 ships), more countries have been granted passage permits. A senior oil analyst at Kpler in Singapore stated, "Iran is strengthening its control over the Strait of Hormuz while responding to requests from its partners. Passage still depends on Iran's will, and the situation could change at any time if the conflict escalates." So far, most of the ships granted passage appear to be following routes instructed by Tehran, sailing close to the Iranian coast. However, more ships are beginning to choose routes along the opposite shore. (Jinshi) JPMorgan Chase CEO Jamie Dimon warned on Monday that a war with Iran could push up inflation and interest rates. The warning, issued in the annual letter to shareholders, stated, "The challenges we face are enormous." He cited geopolitical risks such as the Russia-Ukraine conflict and broader hostilities in the Middle East. "Now, due to a war with Iran, we also face the possibility of continued large swings in oil and commodity prices, and the reshaping of global supply chains, which could lead to more stubborn inflation and ultimately higher interest rates than currently expected by the market." Dimon said time will tell whether a war with Iran achieves U.S. objectives, adding that nuclear proliferation remains the greatest danger from Iran. Dimon also stated that the U.S. economy continues to be resilient, with consumers still earning and spending, despite recent weakness, and businesses remaining healthy. However, he cautioned that large government deficit spending and past stimulus policies have driven economic growth, and increased infrastructure spending remains a growing need. (Jinshi) Citigroup: Expects Fed to Cut Rates in September, Previously Expected to Cut Rates in June On April 6, Citigroup stated that it expects the Federal Reserve to cut rates in September, previously expecting a rate cut in June. The probability of the Fed keeping rates unchanged in April is 98.4% On April 7, according to CME's "FedWatch": the probability of the Fed raising rates by 25 basis points in April is 1.6%, and the probability of keeping rates unchanged is 98.4%. The probability of the Fed cumulatively cutting rates by 25 basis points by June is 4.1%, the probability of keeping rates unchanged is 94.4%, and the probability of cumulatively raising rates by 25 basis points is 1.5%. (Golden Encyclopedia) Can Bitcoin Still Be Called "Digital Gold" During Geopolitical Crises? Every geopolitical crisis causes gold prices to rise while Bitcoin prices plummet. After six tests, the claim of "digital gold" has never been substantiated by data. Countries hoard gold but exclude Bitcoin from their reserves. For investors, Bitcoin exhibits asymmetry: it falls with stocks but doesn't rise with them. Three structural asymmetries prevent Bitcoin from achieving safe-haven status: an overabundance of derivatives (market structure), the dominance of leveraged traders (participant composition), and a lack of repeatable behavioral records (behavioral accumulation). Bitcoin is not a safe-haven asset, but it is a "useful asset in times of crisis," and it can indeed function when borders are closed and banks fail. If these three asymmetries narrow, Bitcoin may no longer be a replica of gold, but rather a completely new "next-generation gold." Generational shifts and the widespread application of algorithms are key factors that could accelerate this process.