Shipping sources say merchant ships have received radio messages from the Iranian Navy informing them that the Strait of Hormuz is closed again, prohibiting any vessels from passing through. (Jinshi)

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance, covering key news, market and contract data, mining information, project updates, technological advancements, and other industry dynamics.

Banking trade groups have increased their lobbying efforts against the proposed stablecoin yield compromise in ongoing CLARITY Act discussions. According to NS3.AI, the debate has focused on a White House estimate suggesting that a yield ban would result in only $2.1 billion in additional bank lending. The compromise aims to prohibit passive yield on stablecoin balances while permitting activity-based rewards. Senator Tillis mentioned that the text is still being finalized this week, whereas Senator Alsobrooks anticipates its completion probably next week.

Ship tracking data shows that approximately 10 vessels attempted to pass through the Strait of Hormuz on the 18th but ultimately turned back. Shipping tracks indicate that several vessels turned back after reaching waters near Iran's Larak Island. Data shows that most of these vessels were oil tankers, and many were destined for India according to the Automatic Identification System (AIS). Iranian Foreign Minister Araqchi announced on the 17th that the Strait of Hormuz would be open to all merchant ships during the ceasefire between Lebanon and Israel. However, Iranian media reported on the 18th that due to the United States' "repeated breaches of promises," the Iranian military had tightened control over the Strait of Hormuz again. (Xinhua)

Iranian Deputy Foreign Minister Saeed Khatibzadeh stated that Iran will never accept a US blockade of its ports or any other "orders" issued by the US. "There will never be any blockades in the future," he said. "The era of colonialism must end," he added. The US "cannot dictate to other countries." (Jinshi)

Ethereum's price fluctuations may lead to substantial liquidations on major centralized exchanges. According to ChainCatcher, data from Coinglass indicates that if Ethereum surpasses $2,473, the cumulative liquidation intensity of short positions on mainstream centralized exchanges could reach $1.222 billion. Conversely, if Ethereum falls below $2,244, the cumulative liquidation intensity of long positions could amount to $712 million.

Data shows that since February 5, the total market capitalization of cryptocurrencies has increased by $430 billion.

Binance Wallet has released a product update, making several optimizations to improve trading efficiency and asset management experience: - Supports one-click quick purchase of corresponding tokens after searching for token addresses; - The asset page now displays the annualized yield of mainstream cryptocurrencies and provides direct access to wealth management; - DeFi voucher token details pages now support staking and redemption operations, while displaying protocol information and yields; - A "Hotspot Radar" entry has been added to the watchlist for viewing market topics and trend signals.

According to Iran's Tasnim News Agency on the 18th, Iran has not yet agreed to hold the next round of negotiations with the United States. Iran has informed US officials of this through Pakistan. According to sources from relevant departments, Iran has not yet agreed to hold the next round of negotiations due to the US's naval blockade and excessive demands during the talks. Iran emphasized that the main condition for continuing negotiations is that the US "avoid making excessive demands"; otherwise, Iran "is unwilling to waste time on protracted and meaningless negotiations." (Xinhua)

California Democratic Representative Maxine Waters, a prominent figure in Congress advocating for stricter cryptocurrency regulation, is facing scrutiny as her opponent, nonprofit executive Myla Rahman, receives significant campaign funding from the crypto industry. According to BlockBeats, Rahman has raised approximately $14,500 since announcing her candidacy in February, with about 69% of the funds coming from the crypto sector. The largest single donation of $6,600 was made by Brad Garlinghouse, with additional support from executives at the Solana Policy Institute. Waters, a senior member of the House Financial Services Committee, has been a strong proponent of increased regulation in the crypto industry. If the Democrats succeed in the upcoming midterm elections, she is poised to become the chair of the Financial Services Committee. Analysts suggest that this potential shift is prompting the crypto industry to strategically allocate political resources to influence future regulatory frameworks. Currently, the crypto industry is advocating for the passage of the Clarity Act, which aims to establish a more lenient regulatory environment. However, this legislation faces strong opposition from the traditional banking sector, which fears it could lead to a shift of deposits into the crypto market. Despite her regulatory stance, Waters has previously received political donations from Chris Larsen, indicating that crypto capital is strategically engaging with both parties and across different regulatory perspectives.

In her daily work, Attorney Shao comes into contact with many cryptocurrency KOLs and consultants who offer paid knowledge services, mainly providing instruction or sharing on "how to invest and trade virtual currencies".

This episode of the Empire podcast, hosted by Jason Yanowitz and Santi, focuses on Hyperliquid's institutionalization process, signs of regulatory deregulation, and market structure differentiation.

Binance Life, Changpeng Zhao, Binance Life: A 15x Rise to a New High – Three Lifesaving Moments from an Artificial Bull Market (Jinse Finance), Bringing Long-Awaited Volatility to Altcoins.

Jeff Park believes that for young people, from unaffordable housing to AI replacing an entire generation of jobs, the financial system has completely collapsed.

This is a slow and steady process: integrating new competencies into the existing system. It signifies an awareness—to govern the future of the dollar, one must first understand the language that is writing that future.

The AI ​​world exploded this morning! DeepSeek, which has never sought funding before, announced for the first time: seeking a $10 billion valuation and raising $300 million. With V4 just around the corner, boasting trillions of parameters and Huawei's Ascend technology, even Jensen Huang (Edwards' founder) is worried!

Eight functional points. Break them down one by one. Behind each one lies the funeral of an entire industry chain. This isn't an emotional statement; it's business logic.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.

After Binance announced its crackdown on active market makers at the end of March, active market makers began to take action.