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Bitfinex: Maintenance work is nearly completed, trading will reopen at 20:50

Bitfinex's status page released an update a few minutes ago stating that maintenance work is nearing completion. The Bitfinex platform will resume in view-only mode at 20:45 and offer the option to cancel orders. Trading will resume at 20:50.

China Asset Management purchased $1 billion worth of insurance for Bitcoin and Ethereum ETF assets, which may reduce management fees to 0.65%

Hong Kong media "Ming Pao" revealed that three major Chinese fund companies, Huaxia Fund, China Asset Management, and Bosera Fund, have each received approval from the Hong Kong Securities and Futures Commission for a Bitcoin and Ethereum spot ETF this week. According to the product summary, Huaxia's ETF has the highest annual expense ratio, reaching 1.99%; while the annual expense ratios of China Asset Management and Bosera's ETFs are 1% and 0.85%, respectively, which are still generally higher than the Bitcoin spot ETFs already issued in the United States. It is understood that Huaxia's high expense ratio partly reflects the bank's insurance for related asset purchases worth US$1 billion. The maximum management fee charged by the Bitcoin and Ethereum spot ETFs issued by Huaxia is 0.99% of AUM, and the actual fee can be reduced to 0.65% after internal evaluation. Bloomberg ETF analyst James Seyffart believes that due to the exemption of the first six months of management fees and the lowest cost, China Asset Management is likely to trigger a fee reduction war among Hong Kong fund companies.

Apple is in talks with OpenAI and Google to bring AI features to iOS 18

According to informed sources, Apple has restarted negotiations with OpenAI and plans to use the technology of this startup to support some new features of the iPhone that will be launched later this year. The two companies have begun discussions on the terms of a possible agreement and how OpenAI's features will be integrated into Apple's next-generation iPhone operating system, iOS 18. This move marks the restart of dialogue between the two companies. Earlier this year, Apple had negotiations with OpenAI over a deal, but since then, the cooperation between the two sides has been rare. At the same time, Apple is reportedly also negotiating with Google, owned by Alphabet Inc., on the authorization to use its Gemini chatbot. Given this, it is not difficult to see that Apple has not yet made a final decision on which company to cooperate with and cannot guarantee that an agreement will be reached. The company may eventually reach agreements with both OpenAI and Google, or choose another supplier entirely. Earlier this year, there were also reports that Apple was discussing with the artificial intelligence startup Anthropic. (Finance Associated Press)

UniSat has reopened its Rune Market

UniSat has announced an update on X platform stating that the Rune market has reopened. About half an hour ago, UniSat announced that there was unusual activity in the Rune market and it was under emergency maintenance, but they have not disclosed the impact of the incident yet.

Bitfinex: Temporarily suspends trading

Bitfinex, a cryptocurrency exchange, announced on X platform that it is investigating the issue of platform performance decline and has temporarily suspended trading. Further updates will be announced on the X platform and status page.

Huobi HTX 26th coin mining will be launched at 20:00 tonight, lock $HTX and share 77,000 PBUX rewards

Huobi HTX announced that the 26th new coin mining (PrimePool) will go live on April 28 at 20:00 and end on May 5 at 20:00 (UTC+8). Users can share a reward of 77,000 PBUX by locking up their HTX. It is reported that Playbux positions itself as the pinnacle of entertainment Web 3.0 platform, seamlessly integrating e-commerce, blockchain technology, and virtual communities into its platform. Currently, PBUX/USDT has been listed on Huobi HTX. The 26th new coin mining activity cancels the tiered lock-up coefficient, and the individual lock-up threshold is 156,250,000 HTX (equivalent to 200 USDT) to participate in the activity.

Some Celsius creditor data was leaked in the phishing attack suffered by Stretto last week

Celsius announced on X platform that they have notified the court regarding the data security incident reported by Celsius' claims agent, Stretto. According to court documents shared, on April 17th, 2024, Stretto discovered that some Celsius creditors' data held by Stretto was accessed by unauthorized users after a phishing attack. Stretto terminated all unauthorized access to affected accounts on the same day. Stretto has hired an independent computer forensics company to investigate the severity of this data security incident. The investigation is ongoing, but as of now, Stretto has identified that the accessed information includes creditors' names, email addresses, mailing addresses, and claim amounts.

UniSat: There is unusual activity in the Rune Market and emergency maintenance is currently underway

UniSat stated on X platform that there is abnormal activity in the rune market and it is currently under emergency maintenance. The team is actively investigating and resolving the issue.

Polkadot Referendum 706 proposes to reduce inflation and fix the total supply of DOT at 2.1 billion

Polkadot Proposal 706 is currently being voted on, proposing to reduce inflation based on a new algorithm and targeting a fixed supply of 2.1 billion DOT. As of now, there are more votes against the proposal.

Wanxiang Holdings Xiao Feng: Blockchain technology will help upgrade financial market infrastructure

Xiao Feng, Vice Chairman of Wanxiang Holdings, stated at the Financial Technology Branch Council and Annual Meeting of the Shanghai University of Finance and Economics Alumni Association on April 27 that the emergence of blockchain technology is not only a technological innovation, but also a major upgrade of financial infrastructure. It will profoundly affect future financial markets and economic activities. Xiao Feng first defined several key concepts in blockchain technology, including public chains, consortium chains, and private chains, and emphasized the core role of public chains in global public ledgers. He said that blockchain technology is not just a distributed database, but a new paradigm of accounting. When discussing digital currencies, Xiao Feng emphasized the diversity of digital currencies. Regarding stablecoins, Xiao Feng believes that stablecoins play an important role in connecting the real world with the virtual world, private ledgers with public ledgers, centralized finance with decentralized finance, fiat currency with digital currency, and programmable currency with non-programmable currency. He emphasized that virtual assets have real value. Bitcoin, as a hard asset in the digital economy, has the potential to surpass traditional gold. "The reserves, production, and circulation of Bitcoin are all clear and traceable, and due to its tamper-proof nature on the blockchain, Bitcoin has more characteristics as a hard asset than gold."