Gate News, April 10, according to Gate market data, as of the time of publication, DASH (Dash) is currently trading at $37.38. Over the past 24 hours, it is up 17.75%, with a high of $37.76 and a low of $31.75. The trading volume over the past 24 hours reached $1.1898 million. Its current market cap is approximately $473 million. Dai is a digital currency. With it, anyone anywhere in the world can complete transactions quickly and easily at low fees at any time, without needing to rely on a central institution. Dai is built on a decentralized peer-to-peer network, secured by strong cryptography, providing a secure, good user experience, and frictionless payment method. Dai is portable, affordable, divisible, and capable of fast transactions digital cash, suitable for online trading and everyday life. Get

Gate News: According to the latest Gate TradFi data, XPDUSD (Palladium - Cash) has dropped by 2% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Gate News update: On April 9, according to hypurrintel data, since March 19, Hyperliquid Strategies Inc has purchased 220k HYPE, worth approximately $8.58 million, and still holds $112.6 million in cash reserves. At present, Hyperliquid Strategies Inc currently holds 18.82 million HYPE, worth approximately $738 million.

Adam Back clarified on the X platform that he is not Satoshi Nakamoto, but since 1992 he has been involved in research on electronic cash and privacy technology, helping to drive the development of Hashcash. This response was in reply to a report by The New York Times, which suggested that he shares many similarities with Nakamoto.

U.S. housing finance institution Fannie Mae rolls out a Bitcoin mortgage pilot, allowing borrowers to use Bitcoin as collateral to obtain cash loans, a move that has sparked heated discussion in the market. Experts say the model is suitable for groups with strong financial assets, but it also faces high risk from Bitcoin’s price volatility. Even though it is unlikely to become a mainstream product in the short term, this initiative provides a new path for crypto assets to enter traditional finance.

The U.S. Department of Justice’s case against Tornado Cash co-founder Roman Storm continues to intensify. Prosecutors rebut the Supreme Court ruling Storm cited, emphasizing that the legal framework is different. Storm faces criminal charges including money laundering, and the related funds are closely linked to illegal activity. The case has significant implications for crypto privacy protocols and regulation.

Gate News update: On April 7, according to The Information, Sam Altman is accelerating the process of an OpenAI IPO, while also pledging to invest $600 billion in compute infrastructure. Notably, OpenAI insiders have privately warned that by 2030, the company’s cash burn will surge sharply.

SOL Strategies announced on April 7 that it will acquire Solana zero-knowledge technology company Darklake Labs for $1.2 million. The deal includes $200k in cash and $1 million in stock. Darklake Labs developed the zero-knowledge proof system Zyga for Solana, aiming to improve transaction privacy and prevent front-running trading and sandwich attacks. After the acquisition, its founders and core team will join SOL Strategies.

A court in Qinzhou District, Tianshui City, Gansu Province, is trying a virtual-currency money-laundering case. The defendant used a part-time “high-paying errands” job to withdraw more than 390k yuan and, with knowledge of what was going on, exchange it for virtual currency, earning a profit of 21.5k yuan. The court sentenced him to two years and four months in prison and fined him. The judge reminded the public to stay alert to related activities in order to prevent them from fueling crime.

A court in Qinchou District, Tianshui, Gansu, tried a case of virtual currency money laundering. The defendant withdrew more than 390k yuan using a “high-paying errand runner” method, converted the funds into virtual currency, and earned profits of 21.5k yuan. The court sentenced him to two years and four months in prison and fined him 10k yuan. The judge reminded the public to stay alert against participating in cash withdrawals and transfers, so as not to become an accomplice to crime.