Morning News | Aave announces the establishment of a recovery fund; Michael Saylor releases Bitcoin Tracker information; Vietnam plans to launch a pilot project for crypto assets

整理：ChainCatcher

Important News:

• Forbes: The market is focused on the statements of the SEC Chairman regarding Bitcoin at the 2026 conference, expectations for BTC to return to $80,000 are rising
• Aave announces the establishment of a recovery fund to promote full asset-backed recovery of rsETH
• Vietnam plans to launch a pilot project for crypto assets, transitioning unregulated crypto trading to a regulated domestic market
• Michael Saylor releases more information related to Bitcoin Tracker, may disclose increased holdings data next week
• Data: The Bless project team has cross-chain sold 100 million BLESS again, totaling 500 million BLESS sold
• JPMorgan executive: Tokenization will change the ETF and the entire fund industry, but it will take years to see good use cases
• Zhao Changpeng: The assassination attempt against Trump is "disgusting," fortunately everyone present is safe

What important events happened in the past 24 hours?

Hong Kong police cracked a "gold grain money laundering" scam case involving virtual currency, with about 7 million HKD involved

According to ChainCatcher, Hong Kong police disclosed the resolution of a cross-border phone scam case where the criminal group impersonated mainland officials, specifically targeting mainland students studying in the UK and Australia.

The scammers falsely claimed that the victims were involved in money laundering and other criminal cases, demanding their "cooperation in the investigation," and required them to travel to Hong Kong to purchase gold grains in multiple transactions as "collateral," with each transaction not exceeding 120,000 HKD to evade the gold shop registration system. The group members then collected and transferred the stolen goods. The gold grains were subsequently melted into gold bars or exchanged for cash and virtual currency. The police have received a total of 7 related cases, involving about 7 million HKD, with the highest single case loss reaching 1.6 million HKD.

Michael Saylor releases more information related to Bitcoin Tracker, may disclose increased holdings data next week

According to ChainCatcher, Strategy founder Michael Saylor has released more information related to Bitcoin Tracker, captioning it: "The ₿eat Goes On."

Based on previous patterns, Strategy always discloses information about increased Bitcoin holdings the day after relevant news is released.

Vietnam plans to launch a pilot project for crypto assets, transitioning unregulated crypto trading to a regulated domestic market
ChainCatcher reports that the Vietnamese government plans to launch a five-year pilot project for crypto assets in the second quarter of 2026, transitioning previously offshore unregulated crypto trading to a regulated domestic market. Currently, Vietnamese traders have an annual crypto trading volume of 220 to 230 billion USD, exceeding 600 million USD daily. The new pilot will only allow locally registered institutions that meet strict capital and compliance requirements to participate, and the trading targets must be backed by real-world assets and settled in Vietnamese Dong.

JPMorgan executive: Tokenization will change the ETF and the entire fund industry, but it will take years to see good use cases

According to ChainCatcher, Ciarán Fitzpatrick, global head of ETF products at JPMorgan's Securities Services, stated: "We believe that tokenization will definitely drive changes in the market, not just for ETFs but for the entire fund industry."

Ciarán Fitzpatrick pointed out that given the many benefits that tokenization may bring, such as more convenient subscriptions and redemptions, "almost instant settlement," and uninterrupted access, experiments in ETF tokenization are still ongoing. He added: "I believe tokenization will become part of the ETF ecosystem, but it will take a few more years to see some good practical cases."

Arkham: Ethereum Foundation unstaked 48.9 million USD worth of ETH, market is concerned about further sales

ChainCatcher reports that on-chain analysis platform Arkham stated on the X platform that the Ethereum Foundation has unstaked approximately 48.9 million USD worth of ETH. Tracking data shows that the Ethereum Foundation has deposited WSTETH into Lido's unstETH contract, and will receive the corresponding ETH once the unlocking process is completed.

The market's focus is on whether the ETH unstaked by the Ethereum Foundation will be further sold. Previously, the Ethereum Foundation has sold ETH multiple times for operational fund management, raising ongoing concerns about potential selling pressure.

Data: The Bless project team has cross-chain sold 100 million BLESS again, totaling 500 million BLESS sold

ChainCatcher reports that on-chain analyst Yu Jin monitored that the Bless project team continued to cross-chain sell 100 million BLESS (worth about 660,000 USD) from the Solana chain to the BSC chain today.

Since BLESS surged more than ten days ago, the Bless project team address has sold a total of 500 million BLESS, worth about 5.09 million USD, of which 200 million were transferred to Bitget for sale, and 300 million were sold on the BSC chain.

Trump recounts details of the dinner security incident: does not believe the shooting incident is related to Iran conflict

ChainCatcher reports that U.S. President Trump stated in response to reporters' questions that the sudden incident at the White House Correspondents' Dinner that day was "completely shocking," and he heard a noise but thought it was a tray falling to the ground.

"I was observing the situation at the time," but his wife reacted faster, seeming to realize what was happening quickly. Trump stated that he hoped to continue the dinner and promised to reschedule the dinner date as soon as possible.

Trump mentioned that he did not receive any briefings about threats before the dinner. He also referred to previous assassination attempts against him and called on the American public to "resolve their differences." He noted that both parties condemned the related incident that night. Trump also expressed gratitude to the media, stating that the media "acted very responsibly in their reporting."

When asked if the shooting incident was related to the Iran conflict, Trump replied: "I don't think so."

Aave announces the establishment of a recovery fund to promote full asset-backed recovery of rsETH

ChainCatcher reports that Aave announced that ecological partners and service providers will establish a recovery fund to promote the full asset-backed recovery of rsETH. This plan has taken into account the pending Aave DAO governance votes (including Arbitrum governance votes), indicative agreements, and subsequent successful execution.

Aave stated that it has reached an agreement with KelpDAO and LayerZero on the technical steps required to execute the recovery plan, and related work is underway. Addressing the issues of affected users and maintaining broader DeFi ecosystem stability is the current top priority. The final recovery plan, user operation steps, and further updates will be announced soon.
Zhao Changpeng: The assassination attempt against Trump is "disgusting," fortunately everyone present is safe
ChainCatcher reports that Zhao Changpeng posted on the X platform, stating, "Seeing another assassination attempt against President Trump at the White House Correspondents' Dinner is truly disgusting. Fortunately, he, the First Lady, Vice President Vance, and everyone present are safe."

Forbes: The market is focused on the statements of the SEC Chairman regarding Bitcoin at the 2026 conference, expectations for BTC to return to $80,000 are rising

ChainCatcher reports that according to Forbes, SEC Chairman Paul Atkins recently reiterated the advancement of "Project Crypto" and announced that he will work with the Commodity Futures Trading Commission (CFTC) to develop a digital asset classification framework, clarifying when tokens are recognized as securities, while launching an "innovation exemption" to support the on-chain trading of tokenized securities.

The market views this as one of the most proactive shifts in crypto regulation in SEC history, marking its formal abandonment of the old model of "enforcement over regulation" in favor of clear rule-making. This move may signal a stronger entry point for institutional capital that has been on the sidelines for a long time, potentially driving Bitcoin prices back above $80,000. Currently, Bitcoin is priced at about $77,586, and the market is paying attention to Paul Atkins' further statements at the Bitcoin 2026 conference in late April.

CryptoQuant: BTC stabilizing above $83,000 is key to market recovery
ChainCatcher reports that CryptoQuant analyst Axel Adler stated that after the release of market pressure in spring, the selling pressure from short-term holders (STH) has significantly eased, and Bitcoin market recovery is ongoing. The current price is close to the cost line for short-term holders, and the core trigger point for subsequent trends is whether it can effectively stabilize above the short-term holder cost basis of about $83,000. Only by breaking through and stabilizing above that position can the market further validate the actual selling pressure strength of short-term holders and whether it will repress prices again.

Scallop: Loss of 150,000 SUI due to sSUI reward pool vulnerability, will fully bear the loss
ChainCatcher reports that the Sui ecosystem lending protocol Scallop stated on the X platform that it discovered a vulnerability in an associated contract related to Scallop's sSUI reward pool, resulting in a loss of about 150,000 SUI. The affected contract has been frozen.

Scallop stated that the core contract remains secure, and only the sSUI reward pool was affected. All other reward pools are safe. Scallop will fully bear 100% of the loss and will release further updates as soon as possible.

Meme Popularity Rankings

According to the meme token tracking and analysis platform GMGN, as of April 27, 09:00,

The top five popular tokens on ETH in the past 24 hours are: HEX, SHIB, LINK, PEPE, mUSD

The top five popular tokens on Solana in the past 24 hours are: neet, LOL, DUMBMONEY, FIGHT, testicle

The top five popular tokens on Base in the past 24 hours are: SKITTEN, PEPE, BASED, B3, SKYA

What are some interesting articles worth reading in the past 24 hours?

How does DeFi balance risk and return?

If you earn a 5% yield on USDC in the money market, the relevant question is not whether DeFi has risks, but whether the risks you are taking are compensated appropriately. Let's solve this problem using bond math.

Two weeks ago, attackers stole $292 million from KelpDAO through a compromised LayerZero cross-chain bridge. The stolen rsETH was subsequently re-deposited into Aave V3 as collateral, leaving about $196 million in bad debt on Aave's balance sheet, with TVL plummeting from $26.4 billion to $17.9 billion in three days.

Two weeks prior to this, Solana's Drift protocol lost $285 million due to a leak of the admin key by North Korean hackers, a social engineering attack that had been planned since the fall of 2025.

Three weeks apart, the permanent losses from the two incidents totaled $577 million. Aave's USDC market reached a funding utilization rate of 99.87% for four consecutive days, with borrowing rates soaring to 12.4%. Circle's chief economist Gordon Liao submitted a governance proposal to increase the borrowing limit fourfold, merely to clear the queue of pending withdrawals.

For someone who was providing stablecoins to the DeFi money market at yields of 4% to 6% a month ago, one question is most important: Were those yields ever reasonable?