News

Foresight News reported, according to The Block, that non-custodial wallet provider Safe has launched the secure network Safenet. The SAFE token is currently in the beta phase, but SAFE token holders can start delegating assets to genesis Safenet validators to help secure the network and earn rewards.The initial validators include Greenfield, Gnosis, Safe Labs, Rockaway, Blockchain Capital, and Core Contributors GmbH. The staking user interface went live on Thursday, but staking rewards and other related matters (such as slashing and fee-based rewards) are still pending SafeDAO approval.

BlockBeats News, April 2nd, according to Coinbob Popular Address Monitor data, pre-market slump of US stock storage concept stocks, in which MU (Micron Technology) dropped nearly 4%, SNDK (SanDisk) dropped over 4.1%, on Hyperliquid, the contract prices of these two assets are currently at $353 and $663, respectively. The "Silver Iron Head Air Force," a whale focused on shorting, took advantage of yesterday's SNDK brief touch of the weekly peak of $707 to continuously short, deploying a total of $1.86 million in short positions, with an average entry price of $707.4, nearly at yesterday's price peak. As the pre-market price fell, the position's floating profit once reached $95,000, with a return rate of 24%, and has currently partially realized profits of about $498,000. Also yesterday, the address opened short positions on MU at the average price of $376.2 at the peak of the price surge, with an initial size of $1.95 million. Currently, this short position has been fully closed with a profit of approximately $112,000.

According to Jinse Finance, on April 2, several listed companies including Empery Digital, Genius Group, and Riot Platforms have all sold Bitcoin this week. Reasons include repaying debts, meeting liquidity needs, or strategic shifts towards artificial intelligence (AI) and high-performance computing (HPC). Sovereign-level sell-offs are also accelerating, with Bhutan selling more of its Bitcoin holdings.