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On April 10, Circle's Chief Strategy Officer Dante Disparte issued a statement in response to the theft of over $270 million from Drift Protocol on April 1. Disparte stated that Circle freezes USDC only when legally mandated, and this is not a unilateral decision, nor does it involve backdoors or algorithmic monitoring. This reflects the rule of law in internet-native financial activities. He pointed out that the core issue facing open systems is that the legal framework's response time lags behind technological advancements. Protocols, wallets, exchanges, and stablecoin issuers should view security and accountability as a shared responsibility. DeFi protocols could develop on-chain technical protection measures by referencing the circuit breaker mechanisms in traditional markets. He also urged that the legislative processes for the U.S. GENIUS Act and CLARITY Act should incorporate due process, property rights, and financial privacy protection standards into law before the next major security incident occurs.

Glonghui, April 10｜Glencore announced the acquisition of a 45% stake in a recycling and remelting plant near Charleston, South Carolina. Glencore had previously provided funding for the facility in exchange for marketing rights. The remaining 55% stake will be held by Alumicore, which will also operate the plant. This cooperation further strengthens Glencore’s position as an active supporter of a resilient and sustainable domestic aluminum supply chain in the United States. By holding a 30% stake in Century Aluminum, the largest primary aluminum producer in the U.S., Glencore has already become a significant investor in the industry.

Odaily reported that Bloomberg Senior ETF Analyst Eric Balchunas stated on the X platform that while the market is focused on the MSBT Bitcoin ETF listing by Morgan Stanley, the Bitcoin After Dark ETF (NGHT), a “night strategy” exchange-traded fund, also launched simultaneously this Wednesday. The product saw average trading volume on its first day, but trading activity increased significantly on the second day. Its future performance remains to be seen. Historical research shows that “nighttime returns” often outperform daytime returns, but for investors who hold ETFs long-term, holding products like MSBT covers both day and night earnings, so the impact of the difference is limited. However, if NGHT attracts strong capital inflow in the future, it may gain market recognition; otherwise, it could quickly become marginalized. Meanwhile, the Morgan Stanley Bitcoin ETF is expected to achieve great success thanks to its distribution channel advantages.