Key Market Information Discrepancy on April 16th - A Must-Read! | Alpha Morning Report
Top News
1. ZKSync Hacker Attacks Airdrop Admin's Account, Mints 1.11 Billion ZK Tokens
2. Trump's Latest Crypto Project to Be a Real Estate Video Game
3. Report: Tether, Galaxy, Ledn Lead CeFi Crypto Lending, On-Chain DeFi Lending Surges
4. Standard Chartered Bank Expects Stablecoin Total Supply to Surge to $20 Trillion by 2028
Articles & Threads
The article focuses on Wu Jihan and Ge Yuesheng's entrepreneurial journey from Bitmain to the establishment of Matrixport. Wu Jihan, as an early Bitcoin evangelist, led Bitmain to become a global mining giant but chose to split up due to internal and external challenges, co-founding the crypto asset management platform Matrixport with Ge Yuesheng. Matrixport pioneered a new track in the crypto asset management field, with innovative products like dual-currency wealth management, crossing bull and bear markets, and growing into a unicorn managing $6 billion in assets. The article emphasizes that Matrixport, with compliance and trust at its core, aims to become a one-stop financial gateway to Web3, showcasing the evolution of the crypto industry from fervor to maturity.
2.《ZKsync Hacked: $5 Million Tokens Stolen, Once L2 Star Now in Turmoil》
On April 15, ZKsync faced a security breach where the admin account was compromised. 110 million unredeemed ZK airdrop tokens were fraudulently minted and 66 million of them were dumped, amounting to approximately $5 million. This incident caused a sharp 14% drop in the ZK token price within 24 hours. The official statement referred to the event as an isolated case of private key leak, limited to the airdrop contract only, assuring users of fund safety and claiming no impact on the protocol. However, the community raised concerns of insider manipulation, implying a collapse of trust due to centralization issues. Following last year's airdrop and historical Rug Pull events, ZKsync's ecosystem activity has been steadily declining, leaving the once-prominent Layer 2 project in a deep crisis.
Market Data
Daily Market Overall Funding Heat (Reflected by Funding Rate) and Token Unlocks
Data Source: Coinglass, TokenUnlocks
Funding Rate

Token Unlocks

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WEEX P2P update: Country/region restrictions for ad posting
To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.
I. Overview
When publishing P2P ads, advertisers can now set the following:
Allow only counterparties from selected countries or regions to trade with your ads.
With this feature, you can:
Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.
II. Applicable scenarios
The following are some common scenarios:
Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.
III. How to get started
On the ad posting page, find "Trading requirements":
Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.
When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:
If you encounter this issue when placing an order as a regular user, try the following solutions.
Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.
IV. Benefits
Compared with ads without country/region restrictions, this feature provides the following improvements.
Aspect
Improvement
Trading security
Reduces abnormal orders and fraud risk
Conversion efficiency
Matches ads with more relevant users
Order completion rate
Reduces failures caused by incompatible payment methods
V. FAQ
Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.
Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.
Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.