Alabama has become the second U.S. state to grant legal status to Decentralized Autonomous Organizations (DAOs), following Wyoming. According to BlockBeats, the state's governor signed the Decentralized Non-Registered Nonprofit Association Act on April 2, providing DAOs with legal recognition and limited liability protection. This legislation allows DAOs to function as full legal entities, enabling them to own property, engage in legal proceedings, and enter contracts, while protecting individual members and managers from personal liability. To qualify, a DAO must have at least 100 members and be formed for a common nonprofit purpose, such as governing blockchain networks or smart contract systems. The head of policy at a16z Crypto emphasized that decentralized governance is central to the future of cryptocurrency, and this law offers decentralized communities the certainty needed to build, govern, and expand in the real world. A similar bill in West Virginia has passed the House and is awaiting the governor's signature.

On April 2, Hyperliquid's official data revealed that on April 1, HyperCore repurchased 43,749.54 HYPE tokens at an average price of approximately $36.77. According to BlockBeats, the same day saw the distribution of 26,657 HYPE tokens to stakers and 24 validator nodes. After accounting for these distributions, a net total of 17,092 HYPE tokens were permanently burned, resulting in a daily net deflation of about 17,000 tokens. If this pace continues, the annual deflation rate could reach approximately 6.15 million tokens. In comparison, Solana experiences an annual inflation of approximately 25.19 million SOL due to staking and validator node rewards. HyperCore's buyback efficiency is inversely related to price, helping to mitigate supply pressure during market cycles.

Russia has announced a ban on gasoline exports, effective until the end of July. According to BlockBeats, the decision was reported by the International Telegraph Agency on April 2. The measure aims to stabilize domestic fuel supplies amid fluctuating market conditions. The ban is expected to impact gasoline producers and could lead to adjustments in global fuel markets.

OpenAI, Artificial Intelligence, Anthropic, Funding: OpenAI completes its largest funding round in history; Anthropic is even more eager to go public. Golden Finance: Let this company go public and let the public market absorb its valuation.

On April 2, Jin10 reported that the dollar index increased during the Asian afternoon trading session as market expectations grew regarding potential U.S. military actions against Iran. According to Jin10, analysts from the Commonwealth Bank of Australia's global economics and market research division noted in a report that the U.S. is reportedly doubling its fleet of A-10 attack aircraft in the Middle East. They added that the movement of military assets and troops to the region raises the possibility of a ground invasion. Given the dollar's status as a safe-haven currency, they remain optimistic about its performance.

Iranian Foreign Ministry spokesman Baghae said on the 2nd that the entire nation of Iran is united in fighting against this "unjust and aggressive war." As long as this "illegal war" continues, and as long as the enemy continues to attack the Iranian people and cities, Iran will continue to resist. (Jin Shi)

What first looked like a prank turned into one of the biggest DeFi disasters of 2026 after Drift Protocol warned users not to deposit funds—confirming a massive exploit that drained up to $270 million from its platform.

Chinese stock indices saw a notable decline, with the Shenzhen Component Index dropping over 2%. According to ChainCatcher, the ChiNext Index fell by 2.8%, and the Shanghai Composite Index decreased by 1.12%. Across the market, more than 4,600 stocks experienced a downturn.

On April 2, Axe Compute, a Nasdaq-listed company (NASDAQ: AGPU), released its FY2025 financial report, marking a significant milestone as the first publicly traded company to disclose decentralized computing power business developments to institutional investors. According to BlockBeats, the report reveals that the company executed contracts totaling approximately $12 million over the past 30 days, with estimated monthly revenue for Q2 at $835,000 and a client base exceeding 20 enterprise customers. Following the release of the financial report, AGPU experienced a single-day peak increase of 152%, with trading volume surpassing the 20-day average by 900 times, reaching a total daily trading volume of over $300 million. All enterprise computing power deployments are delivered through the Aethir network, which spans 94 countries and over 200 nodes, utilizing more than 435,000 GPU containers and delivering a cumulative total of over 1.8 billion computing hours.

Poland's central bank member, Livynuk, has stated that there should be no expectation of interest rate cuts in the near future. According to Jin10, Livynuk emphasized that if inflation trends show a downward trajectory, the bank will consider raising rates instead. This statement reflects the bank's cautious approach to monetary policy amid ongoing economic uncertainties.

On April 2, the BNB Chain ecosystem's collectibles infrastructure project, Renaiss Protocol, reported a total trading volume exceeding $7 million. According to BlockBeats, the platform has seen continuous growth since its Beta testing began in November 2025. Recent data indicates that in March, the trading volume on the Renaiss platform accelerated significantly, driven by mechanisms such as Infinite Gacha (TCG Infinite Card Machine), with approximately $3 million added in a single month. This milestone comes just 10 days after surpassing $6 million. Alongside the growing trading volume, Renaiss recently completed its latest round of community rewards distribution, awarding over $40,000 to more than 400 users for their contributions to community growth and ecosystem promotion. This initiative aims to foster a positive cycle between community engagement and platform activity. Since the Beta testing phase, the platform has distributed over $163,100 in community rewards and user incentives, including USDT, physical cards, card boxes, and various forms of giveaways, airdrops, and buybacks. Additionally, Renaiss has unveiled its Beta 2.0 roadmap and continues to advance its liquidity mechanism, SuperLiquid, along with the Web3's first TCG-Fi mechanism and AI Agent capabilities. As trading volume expands, community incentives are implemented, and product development progresses steadily, Renaiss is enhancing the liquidity foundation and user participation experience in the on-chain collectibles market.

Vitalik Buterin has outlined a strategy for deploying localized and private large language models (LLMs) by April 2026. According to Odaily, the plan emphasizes privacy, security, and autonomy, aiming to minimize the exposure of personal data to remote models and external services. The approach includes local inference, local file storage, and sandbox isolation to reduce risks of data leaks, model jailbreaks, and malicious content exploitation. In terms of hardware, Buterin tested various configurations, including a laptop with an NVIDIA 5090 GPU, an AMD Ryzen AI Max Pro device with 128 GB unified memory, and DGX Spark setups. He utilized Qwen3.5 35B and 122B models for local inference, achieving approximately 90 tokens per second with the 5090 laptop, around 51 tokens per second with the AMD setup, and about 60 tokens per second with DGX Spark. Buterin expressed a preference for building local AI environments based on high-performance laptops, using tools like llama-server, llama-swap, and NixOS to establish the overall workflow.

Behind this push for regulation lies a struggle over stablecoin yields and control over digital capital flows.

North Korean hackers briefly accessed a software developer’s account for Axios and sent malicious updates to thousands of US companies. Experts warn the attack could take months to fully assess and may be part of a long-term effort to steal cryptocurrency.

SOLANA and Drift Suffer Over $200 Million Hacking: The Story and Deeper Warnings (Golden Finance) - The Root Cause of the Theft: Not a Smart Contract Vulnerability, but Human Error

The Drift Protocol attack, which resulted in the theft of $285 million in assets, exposed fatal flaws in DeFi projects' multi-signature permission management and oracle security. Was this a hacking incident or an inside job by the project team?

Elon Musk’s SpaceX is preparing to storm Wall Street with what could be the largest public listing in history, targeting a staggering $1.75 trillion valuation and a $75 billion raise that would instantly place it among the world’s most valuable assets.

Cardano founder Charles Hoskinson warned that the U.S. CLARITY Act could take years to implement and may favour established cryptocurrencies while making it harder for new projects to grow.

The Strait of Hormuz crisis, triggered by the conflict between the United States and Iran, has become one of the biggest external shocks facing the global economy in 2026. It not only tests energy security and supply chain resilience but also reshapes the monetary policy framework.

Crypto asset valuations remained firm in March, posting a slight increase despite declines in most major assets. Current prices still present an attractive entry point for long-term investors, but a further valuation recovery requires a reduction in geopolitical uncertainty.