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12:31
WisdomTree: Digital asset management scale reached a record $867 million at the end of March
Jinse Finance reported that asset management firm WisdomTree has released its March monthly metrics report. The report disclosed that despite a sluggish cryptocurrency market, the launch of tokenized money market funds led to net inflows of $98 million into its digital assets in the first quarter of this year. As of March 31, 2026, its digital assets under management reached a record $867 million.
12:29
The Philippines announces suspension of excise taxes on liquefied petroleum gas and kerosene
Golden Ten Data reported on April 13 that Philippine President Marcos announced on the 13th a temporary suspension of consumption taxes on liquefied petroleum gas and kerosene, aiming to address the impact of international energy supply tensions on the Philippine economy and people's livelihood. Data from the Philippine Department of Energy and the Philippine Statistics Authority show that liquefied petroleum gas is the primary fuel used by Filipino households for cooking, with domestic demand for liquefied petroleum gas continuing to rise in recent years and annual consumption already exceeding 3 billion liters. Kerosene is an important energy source for lighting and cooking among residents in remote mountain areas, with annual consumption exceeding 100 thousand tons. The Philippines relies on imports for more than 90% of its energy, with most imported energy coming from the Middle East. Affected by the US–Israel–Iran conflict, Marcos declared a nationwide energy emergency in the Philippines on March 24 and adopted a series of measures to deal with rising energy prices.
12:28
ZachXBT: Circle’s claim that assets can only be frozen “in accordance with the law” is entirely fabricated; the 6-hour delay in handling the Drift incident is inexcusable
Foresight News reported that on-chain detective ZachXBT responded to the discussion on USDC freezing issues, stating that there are no regulations prohibiting issuers from proactively freezing funds, and Circle's claim of "acting according to the law" is actually fabricated and contradicts its own terms of service. ZachXBT used screenshots to demonstrate that Circle's terms explicitly reserve the right to freeze funds. ZachXBT said he agrees that the right to freeze should not be abused for indirect tracing and other situations, but in major incidents like the Drift Protocol case, where over 230 million US dollars were moved yet took 6 hours before action was taken, such a delay is inexcusable.
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