para

The Layer 1 blockchain Tempo, developed jointly by Stripe and Paradigm, has launched a privacy feature called Zones. This is a solution for running permissioned parallel blockchains, specifically designed for enterprise-level use cases that require higher confidentiality, such as payroll, fund management, and payment settlement.It is reported that Zones, as a parallel blockchain connected to the Tempo mainnet, provides a private execution environment where internal transactions remain confidential, but assets and funds are fully interoperable with Tempo L1, other Zones, deposit channels, and liquidity pools. Each Zone is managed by trusted entities such as financial institutions or infrastructure providers, allowing operators to view all activities within their environment and implement access controls, but they do not control the underlying assets.

According to Fortune magazine, in the context of a downturn in the crypto market in 2025 and the distribution of profits to investors, the portfolio values of crypto venture capital firms such as Paradigm and a16z crypto have significantly shrunk.According to filings with the U.S. Securities and Exchange Commission (SEC), the total assets under management (AUM) of four crypto funds under a16z crypto dropped nearly 40% from 2024 to 2025, falling to $9.5 billion. Part of the reason is that the firm began returning capital to investors from earlier funds, and the timing of the returns coincided with the market peak in 2025, with a net DPI (distributions to paid-in capital) of 5.4 for its first crypto fund.Multicoin Capital's AUM has more than halved, dropping to about $2.7 billion. Paradigm's holdings also slightly decreased by about 6%. Meanwhile, the total size of a16z crypto's parent company, Andreessen Horowitz, has exceeded $100 billion.The report points out that the shrinkage in assets under management reflects the decline in portfolio value due to the market downturn, and is also a sign of normal exits by VCs and the return of funds to limited partners (LPs). Some firms, such as Haun Ventures, have seen their AUM grow by over 30%, reaching around $2.5 billion.Currently, Paradigm is seeking to raise a new fund of $1.5 billion, and a16z crypto is also raising up to $2 billion for its fifth fund.

Gate is hosting an F1 Red Bull Racing car display parade in Hong Kong, with the display cars appearing around Victoria Harbour and proceeding along a designated route, attracting market and public attention.This parade serves as an important offline action in the cross-industry collaboration between Gate and the F1 Red Bull Racing team, bringing top-tier racing culture into urban landmark scenes, enhancing brand exposure and discussion.From April 18 to 24, Gate will also launch the "Racing the Future" outdoor cross-industry exhibition at the K11 MUSEA waterfront promenade in Hong Kong, which will focus on showcasing Red Bull Racing cars and related equipment, as well as setting up interactive experience areas.As the official sponsor of the F1 Red Bull Racing team, this exhibition will be the first to showcase the brand new 2026 Red Bull Racing car and core equipment, introducing an immersive interactive experience area that recreates the fusion of top racing engineering and the aesthetics of speed.In addition, Gate will hold the "Gate 13 Blue Carpet Ceremony" on April 20, where the unveiling of the F1 Red Bull Racing display car and brand collaboration will take place. That evening, Gate will also host a high-end anniversary dinner event at the Rosewood Hong Kong, where platform founder and CEO Dr. Han will be present, and it is expected that over 300 representatives from top industry institutions and partners will be invited to participate in the exchange.

The themed forum "Crypto 2026: From Cryptocurrency to Smart Economy", sponsored by Monera Digital and co-hosted by ChainCatcher and RootData, is now in the final 5-day countdown. This forum has received joint support from partners such as Tencent Cloud, HashKey Chain, Alchemy Pay, Kite AI, Sentient, Sign, Predict.fun, Monad, Brevis, UXLINK, OneBullEx, SVP Chain, OmenX, TurboFlow, LOTUS, Mentis, NeoSoul, Swap315, and is scheduled to be held on April 19 from 14:00 to 18:00 (GMT+8) in Hong Kong.As one of the important peripheral activities of the "Hong Kong Web3 Carnival", this forum will focus on the paradigm shift under the deep integration of AI technology and cryptocurrency networks, engaging in in-depth discussions on cutting-edge tracks such as AI Agent economy, smart payments, RWA, and cryptocurrency infrastructure. At the intersection of technological leap and economic form reconstruction, this themed forum is not only an insight into the current state of the industry but also a forward-looking reflection on the future intelligent economic system.Event registration: https://luma.com/18v6vwpf

According to Gate Ventures' latest weekly report, the temporary easing of macro risks has driven a market rebound, with the S&P 500 rising 3.48% last week, the Nasdaq rising 4.12%, and WTI crude oil falling over 14% in a week. The cryptocurrency market also saw a recovery, with BTC rising 2.5% and ETH rising 3.9%, accompanied by net inflows into spot ETFs, with BTC around $786 million and ETH around $187 million. However, market sentiment remains in the "extreme fear" zone, and the pace of capital inflow is relatively cautious.In terms of asset and industry dynamics, structural opportunities continue to emerge. Thanks to improvements in fundamentals brought about by network performance upgrades, TON rose 15.9%. At the same time, the Hong Kong Monetary Authority issued the first batch of stablecoin licenses to Anchorpoint and HSBC, marking the official implementation of a compliant digital currency framework.On the financing front, activity remains relatively active, with a total of 11 transactions completed last week, disclosing a total financing amount of approximately $73.7 million, a significant rebound compared to the previous week, with funds mainly flowing into infrastructure and early-stage innovation sectors. Overall, while the market has shown signs of temporary recovery, structural differentiation continues, with capital and narratives gradually concentrating towards those with fundamental and compliance support.

According to L2BEAT analysis, users of the Ethereum Layer 2 network Scroll were overcharged more than $50,000 in transaction fees within about four days last week. The reason is that the Scroll team manually adjusted two rate multipliers in their Gas price oracle six times within six days, increasing each by 2 to 10 times, cumulatively raising the L1 data cost parameter to 1,280 times the original benchmark.Approximately 139,000 affected transactions originally had a total cost of only about $280, but were actually charged over $50,000, with automated bots accounting for the vast majority. L2BEAT pointed out that the overcharging was not an issue with the sequencer, but rather stemmed from the team's multiplier adjustments executed through a multi-signature wallet. This incident has raised questions about whether Scroll had previously subsidized users with rates below cost to maintain activity. According to DeFiLlama data, Scroll currently has a TVL of only $24 million, down 96% from its peak of $585 million in October 2024. As of the time of publication, Scroll has not publicly responded.

According to a report by Jinshi citing a reporter from Iranian state television, Iran's red lines include the Strait of Hormuz, the payment of war reparations, the unfreezing of Iran's frozen assets, and a ceasefire throughout the region.

According to Cointelegraph, the head of digital assets at Morgan Stanley stated that the bank's newly launched Bitcoin ETF achieved the best first-day trading performance among all of the bank's ETF products, and more crypto products are in preparation.

Web3 magical international chess platform Pixie Chess has completed a $5.2 million seed round of financing, led by Paradigm, with participation from SEED CLUB and some angel investors.

Drift Protocol tweeted that a malicious actor gained unauthorized access through a new type of attack involving durable nonce, quickly taking over the management rights of the Drift security committee. The attack was highly sophisticated, prepared over several weeks, and included the use of durable nonce accounts to pre-sign transactions to delay execution. Current investigations show that the cause of this incident is not due to vulnerabilities in the Drift program or smart contracts; there is no evidence that the mnemonic phrases were stolen; the attacker gained access through unauthorized or forged transaction approvals (possibly involving social engineering).The final result led to approximately $280 million in funds being withdrawn from the protocol. All lending, vault deposits, and trading funds were affected. DSOL (the portion not deposited in Drift, including assets staked to Drift validators) and insurance fund assets were not affected, and the latter is being withdrawn for protection. As a precaution, all remaining protocol functions have been frozen, and the multi-signature has been updated to remove the compromised wallet.

According to Fortune, the crypto venture capital firm Paradigm is developing a prediction market trading terminal aimed at professional traders and market makers, led by partner Arjun Balaji. This project was initiated at the end of 2025.Paradigm is also evaluating whether to establish an internal prediction market making business and is collaborating with researchers to explore the feasibility of creating a prediction market index, which would bundle multiple prediction markets into a tradable product, similar to the S&P 500 index. Paradigm has begun aggregating prediction market data into a public data panel.In addition, Paradigm is a significant supporter of the prediction market Kalshi, having participated in its 2025 Series C funding round and leading a financing round in December that valued Kalshi at $11 billion.

According to MLM monitoring, two days ago, Paragon (PARA) staked 500,000 HYPE (approximately 18.5 million USD) and launched the HIP-3 decentralized trading platform Para on the mainnet 8 hours ago, and has obtained trading codes TOTAL2, OTHERS, and BTCD.

Vergex and Z.ai jointly launched GLM-5 Trading Odyssey, open to developers and traders. Participants can build trading agents based on the GLM model, operating in real markets with real returns as the core evaluation standard.This event differs from traditional AI trading tools, as participants will directly enter real execution scenarios. Vergex, as the AI Trading Harness, provides strategy conversion, constraint validation, and risk control, addressing the challenges of AI trading black boxes and uncontrollable execution. Its open-source project NoFx has received over 11,000 stars on GitHub, providing the technical foundation for this event.It is reported that Z.ai was established in 2019 and is a leading foundational model company. GLM-5 ranks first in the Artificial Analysis Intelligence Index open-source model list, and the upcoming GLM-5.1 is expected to improve performance by about 50% compared to its predecessor. Both parties are promoting AI Trading from model capabilities to production-level systems.

According to The Block, the leveraged prediction trading platform OmenX has announced the completion of a multi-million dollar seed round financing, with participation from institutions such as Paramita VC, Penrose Ventures, M77 Ventures, and several founders of centralized exchanges.It is reported that OmenX focuses on transforming real-world events into tradable markets and introducing a leveraged mechanism similar to perpetual contracts into the prediction market space, aiming to enhance capital efficiency and institutional-level risk hedging capabilities. OmenX founder James stated, "OmenX is not just a prediction market, but an infrastructure that can treat global events as liquid tradable asset classes with institutional-level leverage."Currently, the OmenX Public Testnet has officially opened to the global community, allowing users to participate in the OmenX points system, which is an incentive framework designed to encourage the community to stress test the platform's leverage mechanism and liquidity depth. OmenX is preparing for the subsequent full mainnet launch and plans to deploy on the Base network.

According to Bloomberg, New York digital asset management firm ParaFi raised $125 million for its new fund in March, which is supported by KKR co-founder Henry Kravis.ParaFi stated that since the beginning of 2025, the company has raised $325 million for its existing digital asset-related investment strategies. Currently, the company manages approximately $2 billion in assets. Founder Ben Forman mentioned that ParaFi is already an investor in projects such as the prediction market giant Polymarket, asset management firm Bitwise, and crypto custodian Anchorage, and is currently focused on companies active in the areas of stablecoins, tokenization, and institutional on-chain finance.

Bitget recently released a new brand video centered around the core proposition of "one-stop linking global Alpha," showcasing the integrated trading environment created by its panoramic exchange UEX.Through a unified account, users can participate in trading various asset classes simultaneously, including cryptocurrencies, stocks, foreign exchange, commodities, and precious metals. The video points out that as the correlation between interest rates, commodities, currencies, and stock markets continues to strengthen, users' trading behaviors are shifting from single markets to cross-asset allocation, with multi-market linkage becoming a new trading trend.Bitget CEO Gracy Chen stated that as users' trading behaviors shift from single markets to cross-asset allocation, the platform's form also needs to evolve in sync. UEX relies on a unified account system to integrate traditional finance and crypto assets, combining a unified margin mechanism, liquidity infrastructure, and AI trading tools to enhance multi-asset trading efficiency. The release of this brand video further reflects Bitget's push towards a more unified and efficient evolution of trading methods.

According to CriptoNoticias, the National Anti-Drug Secretariat of Paraguay (Senad) held a seminar titled "Dismantling Criminal and Terrorist Financial Networks" at the Sheraton Hotel in Asunción in collaboration with the American Bar Association's Rule of Law Initiative and the Higher Institute of the Prosecutor's Office. The aim was to enhance the technical capabilities of law enforcement personnel in identifying and combating criminal organizations that use Bitcoin (BTC) and other cryptocurrencies for money concealment.The seminar focused on analyzing the trend of transnational criminal networks in the tri-border area moving towards digitalization and involved the "Trapiche Operation" case related to financing networks associated with Hezbollah. General Mirko Sokol, the Commander of the Bolivian Police, revealed at the meeting that after the arrest of Uruguayan drug lord Sebastián Marset, no large amounts of cash were found at his residence, and related transactions were primarily conducted through cryptocurrencies.The Paraguayan Tax Authority (DNIT) issued Resolution No. 47/26 on March 11, requiring cryptocurrency trading platforms to report detailed information on each transaction, including wallet addresses, the networks used, and transaction hash values.