Daily | Du Jun loses $30 million on ETH; Mantra launches $108 million eco-fund to promote RWA and DeFi
Reprinted from chaincatcher
04/08/2025·21DCompiled by: Jerry, ChainCatcher
Important information:
- Du Jun: Losing US$30 million on ETH
- Mind Network announces the details of the first airdrop of token $FHE, which can be collected by five categories of users.
- He Yi: Users do not need to be educated, but more importantly, they provide the products they need
- Arthur Hayes: Continue to buy Bitcoin, expecting the dominance of the Bitcoin market to rise to 70%
- Fed's "emergency rate cut" expectation rises
- Trump: The Fed should cut interest rates
- Mantra launches $108 million eco-fund to drive RWA and DeFi
“What important events have happened in the past 24 hours”
Du Jun: Losing US$30 million on ETH
ABCDE partner Du Jun responded, "Cash is king and has lost $30 million on ETH."
The Mind Network, a fully homomorphic encryption (FHE) infrastructure, officially launched the $FHE token airdrop query today. Users can now go to the official website to view the airdrop quota.
This airdrop is for five categories of users, covering CitizenZ Passport NFT holders, $vFHE delegation and mainnet participants, invitation events, AgentConnect Hub registrations, community contributors, and more. Officials said that the airdrop aims to thank early supporters and active users for their contribution to the ecosystem, and to promote the development of FHE technology and Agentic AI ecosystem.
According to data, Mind Network has previously completed a US$12.5 million financing, and investors include YZi Labs, Animoca and other well-known institutions.
He Yi: Users do not need to be educated, but more importantly, they provide the products they need
At the "2025 Hong Kong Web3 Carnival", Binance co-founder He Yi said in the dialogue "Browsing the Gaps: How Web3 Goes From Geek Culture to Public Resonance", "Users Don't Need to Be Education, More importantly, Provide the Products Users Need."
Arthur Hayes: Continue to buy Bitcoin, expecting the dominance of the Bitcoin market to rise to 70%
According to BitMEX co-founder Arthur Hayes, he has been buying Bitcoin (BTC) and said he will continue to buy. Hayes believes that although the price of small-cap tokens has entered the target range, Bitcoin’s dominance in the cryptocurrency market is expected to rise to 70%, so there will be no large amount of small-cap tokens available at present. He also pointed out that printing money is the only solution at present.
Fed 's "emergency rate cut" expectation rises
According to King Shi, expectations for an emergency rate cut by the Federal Reserve are rising due to no sign that Trump will make concessions on tariffs. Swap trading shows that the Fed's chances of 25 basis points cut interest rates next week are about 40%, far ahead of the Fed's interest rate decision scheduled for May 7.
At the same time, investors sold risks and rushed to buy bonds, causing yields to plummet. The yield on the U.S. two-year Treasury, the most sensitive to monetary policy, fell 22 basis points to 3.43% on Monday, and the U.S. two-year Treasury yield has fallen by about 50 basis points in total since Trump announced the tax.
Trump: The Fed should cut interest rates
According to King Shi, US President Trump said there is no inflation; he reiterated that the Fed should cut interest rates.
Mantra launches $108 million eco-fund to drive RWA and DeFi
According to Cointelegraph, Mantra launches a $108 million eco-fund to promote RWA and DeFi.
Mantra said it will screen investment opportunities through its partner network over the next four years to deploy funds to “high-potential blockchain projects” worldwide. The fund's backers include Laser Digital, Shorooq, Brevan Howard Digital, Valor Capital, Three Point Capital and Amber Group.
“What are some great articles worth reading in the past 24 hours”
In a relaxed and free communication atmosphere, participants collided with ideas, expanded their connections, explored the possibilities of cooperation, and jointly built confidence and consensus on industrial development.
Conversation with SideKick Lianchuang Jonny Fish: Why is live orders an inevitable trend?
With investment from YZi Labs, SideKick is about to be launched and the LiveFi era is launched.
Garbage time is indeed the best opportunity for BUIDL. But the first priority for players is to survive and stay here.
Read the DeFi platform Optimex specially designed for BTC in one article | CryptoSeed
Optimex is trying to open the door to DeFi for Bitcoin, breaking its long-term “hold-only” limitation.
CZ Fireside Dialogue Full Text: HODL Strategy Challenges, Survival Rules under Market Volatility
In this in-depth dialogue between the Hong Kong community, CZ publicly analyzed the development bottlenecks of BNB Chain, the community controversy of MEME coins, and his expectations for the industry's "healthy ecology". He emphasized that "making fast money and slow money need to be balanced", which sets out a survival rule for investors that coexist with risks and opportunities.
Trump responds to market crash, insisting tariffs are the only antidote in the United States
Trump responded on Monday: "I didn't mean to let the stock market collapse, but sometimes I have to take medicine to cure the disease."
Meme Popular List
According to the market data of Meme token tracking and analysis platform GMGN , as of April 7, 19:50:
The top five popular Ethereum tokens in the past 24h are: APE, SPX, ODOGE, LINK, UNI
The top five popular tokens in the past 24h Solana are: PIPE, TRUMP, GOD, NFTLX, BOOBCOIN
The top five popular tokens in the past 24h Base are: GRK, TOSHINME, VIRTUAL, DRB, USDT
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