Organisation: Jerry,   Important information: US SEC announces the agenda of the crypto trading roundtable on April 11 WLFI's new proposal plans to test airdrop function, intending to issue a small amount of USD1 to all coin holders Nigerian court extends Binance tax evasion case to April 30 Vitalik elaborates on Ethereum's long-term goal: it will achieve L1-L2 native communication within 12 seconds and promote the unified system architecture Binance will be launched on April 9 KernelDAO (KERNEL) Megadrop Zhao Changpeng calls Pakistan an "active crypto market" and Giggle Academy project is conducive to popularization of education Binance will remove the first 14 tokens from the vote on April 16 Justin Sun released FDT's "Seven Deadly Sins", including breach of fiduciary responsibilities, abuse of customer funds, etc. “What important events have happened in the past 24 hours” US SEC announces the agenda of the crypto trading roundtable on April 11 According to the SEC official website, the U.S. Securities and Exchange Commission (SEC) Crypto Task Force will hold an open roundtable meeting titled "Blocks and Dilemmas: Tailor-to-Price Supervision for Crypto Trading" at its Washington headquarters from 13:00–17:00 ET on April 11 (1:00–5:00 ET on April 12) and broadcast it online. The meeting will be hosted by Nicholas Losurdo, partner of Goodwin Procter, and the participants include executives and experts from Uniswap Labs, Coinbase, NYSE and other organizations. SEC Commissioner Hester Peirce said the series is designed to promote the clarification of crypto-regulation. WLFI's new proposal plans to test airdrop function, intending to issue a small amount of USD1 to all coin holders The Trump family crypto project World Liberty Financial has released a governance proposal that plans to airdrop a small amount of stablecoin USD1 to all $WLFI holders through an on-chain system to test its airdrop capabilities and thank early supporters. Airdrops will be conducted on the Ethereum main network, and the specific amount of distribution will be determined based on the number of eligible wallets and budget. The Company reserves the right to adjust or terminate airdrops at any time. Nigerian court extends Binance tax evasion case to April 30 The Nigerian court extended the trial of the tax evasion case against Binance until April 30 so that the tax authorities can respond to Binance's filing proposal. The Nigerian Federal Taxation Bureau accused Binance of owing corporate income taxes and fines in 2022 and 2023, with a total claim of more than $79 billion. Binance questioned the legality of the court's email delivery of legal documents, saying it is headquartered in the Cayman Islands and has no entity in Nigeria. Vitalik elaborates on Ethereum's long-term goal: it will achieve L1-L2 native communication within 12 seconds and promote the unified system architecture Ethereum co-founder Vitalik Buterin said at the Hong Kong "Web3 Scholars Summit 2025" that Ethereum's long-term goal is to achieve 12-second native asynchronous communication between L1 and L2, reducing bridging latency and cost. To this end, he proposed a "four-step" solution: including "ZK+TEE+OP three-choice two" design, asynchronous reading of L1 through L1SLOAD, unified proof integration mechanism, and deployment of low-latency verifiers. He stressed that in the future, users can still use the intent mode to obtain faster or better cost experiences, but the basic communication system will tend to be low-cost and high-coupling. Binance will be launched on April 9 KernelDAO (KERNEL) Megadrop Binance launches the 4th Megadrop project KernelDAO (KERNEL), a re-staking agreement that supports Kernel, Kelp, Gain and other products. Users can participate in KERNEL Megadrop from April 9, 2025 at 08:00:00 (East Eighth District Time). The KernelDAO (KERNEL) Megadrop App page is expected to be online within about twelve hours after this announcement. Binance will list KernelDAO (KERNEL) on April 14, 2025 at 20:00 (East Eighth District Time), and will open the KERNEL/USDT, KERNEL/BNB, KERNEL/USDC, KERNEL/FDUSD and KERNEL/TRY trading markets, with seed label trading rules applicable. Zhao Changpeng calls Pakistan an "active crypto market" and Giggle Academy project is conducive to popularization of education Former Binance CEO Zhao Changpeng posted a message saying that Pakistan is the fifth largest country in the world with an average age of 24 years old and an Internet coverage rate of 100%, making it an active crypto market. He noted that about 20 million children in the country were out of school and said the Giggle Academy program could help them access education and employment opportunities. Binance will remove the first 14 tokens from the vote on April 16 According to Binance announcement, the platform will remove 14 tokens including BADGER, BAL, BETA, CREAM, CTXC, ELF, FIRO, HARD, NULS, PROS, SNT, TROY, UFT, and VIDT on April 16, 2025. The removal of this time is based on the results of "voting removal" and the evaluation of multiple standards such as project team activity, liquidity, and transparency. Binance reminds that other tokens that have not been selected by the first batch may still be removed in the future due to failure to meet the standards. Justin Sun released FDT's "Seven Deadly Sins", including breach of fiduciary responsibilities, abuse of customer funds, etc. Justin Sun posted the "Seven Deadly Crimes" of First Digital Trust (FDT) on social platforms, including: breach of fiduciary liability, abuse of client funds, unlicensed investment activities, fraud or theft, false reporting or information concealment, violation of anti-money laundering (AML) regulations, and violation of Hong Kong POBO regulations. The specific content is as follows: Crime 1: Breach of Trust Liability Under the Hong Kong Trust Ordinance (Chapter 29), the trustee must act with caution, diligence and loyalty. Misappropriation of client funds violates Article 4 (Obligation of Reasonable Caution) and the principle of trust. Obviously, FDT will bear liability for damages and damages in civil litigation. Crime 2: Abuse of Customer Funds The Securities and Futures (Customer Payments) Rules (Chapter 571) stipulates that custodial funds shall not be used for the purpose of the custodian himself. Customer assets must be stored in quarantine accounts, and unauthorized withdrawals are strictly prohibited. By transferring TUSD funds to ARIA DMCC without proper authorization, FDT will face enforcement actions, including fines, licence revocation or criminal prosecution. Crime 3: Unlicensed Investing Activities Although FDT is registered as a trust or corporate service provider (TCSP), it does not have any SFC license to conduct regulated activities on behalf of its clients. Its so-called investment activities involving TUSD assets in ARIA directly violate the provisions of the Securities and Futures Ordinance, that is, conducting regulated activities without permission. Crime 4: Fraud or theft Misappropriation of funds for the purpose of deceiving customers constitutes fraud or theft. FDT conspired with accomplices such as Aria CFF, Truecoin (Alex De Lorraine), Crossbridge/Finaport (Yai Sukonthabhund) to cover up misappropriation by forging records and claiming to have made false investments. Crime 5: False reports or concealment of information To cover up misappropriated or unauthorized transactions, FDT provided false statements and fraudulent documents claiming that TUSD funds were intact and invested as directed. This violates Section 300 of the Securities and Futures Ordinance (using fraud or deceptive means in securities trading). Crime 6: Violation of Anti-Money Laundering (AML) Regulations FDT facilitates and/or constitutes a violation of anti-money laundering regulations through complex transactions or offshore accounts to disperse misappropriation of its source. Crime 7: The Prevention of Bribery Ordinance (POBO) The Prevention of Bribery Ordinance is the main regulation for the management of secret commissions in Hong Kong. It criminalizes corrupt transactions, including agents collecting undisclosed benefits or commissions without the consent of the principal. FDT/Legacy, under the direction of Vincent Chok, received secret kickbacks from the DMCC in exchange for illegal transfer of TUSD custodial funds. “What are some great articles worth reading in the past 24 hours” In-depth Profile Paradigm Matt Huang: What should a great founder look like? Legendary investor Michael Moritz once described Matt Huang's departure as "the only regrettable loss in Sequoia's history." Ray Dalio's latest post: Tariffs are just appearances, we are witnessing the collapse of the "three major orders" We are witnessing the collapse of a typical major currency, political and geopolitical order. Looking back at the history of the crypto market plunge: Every panic says it is the last A complete comparison of the great historical collapse. The richest people in the currency circle drink wine to resolve the 1 billion dollar scoop A photo was circulated at the conference - Justin Sun and Li Lin hugged each other and drank "cup wine". Meme Popular List According to Meme token tracking and analysis platformMarket data shows that as of April 8, 19:50: The top five popular Ethereum tokens in the past 24h are: REMUS, ROMULUS, Woody, PANICAN, ROMULUS The top five popular tokens in the past 24h Solana are: IVABKA, PIPE,REVS、REMUS、BOOBCOIN The top five popular tokens in the past 24h Base are: TOSHINME, DRB, SKITTEN, VIRTUAL,EURC