Gate News updates. On April 14, People’s Daily published an article titled “Disrupting the capital markets: these irregularities by finance-and-economics self-media accounts need to be on high alert,” which singled out and criticized certain accounts that drive users to virtual-coin trading by publishing false yield information such as “one hundredfold coins” and “making millions every month trading coins.” The article cites a notice previously issued by eight departments, including the People’s Bank of China, emphasizing that business activities related to virtual currencies constitute illegal financial activities. The article states that accounts and platforms suspected of providing referral traffic and technical services for illegal virtual currency trading may violate laws and regulations and could threaten financial security and anti–money laundering efforts.

Y Combinator makes its first fully stablecoin investment through the Solana network, paying Totalis, a prediction-market startup, $500k in USDC, and plans to open up stablecoin payment options for all supported startups. Totalis will use the platform to execute stablecoin-to-fiat trades.

U.S. Representative reintroduces the “Digital Asset Protection Act,” revises the treatment of cryptocurrency taxation, removes the tax-exempt threshold for small transactions, clarifies the conditions for recognizing gains from stablecoin transactions, and sets rules for determining cost basis. Industry expects the bill to drive the inclusion of crypto provisions in tax legislation.

Gate News message, April 14, Scroll released an important proposal for protocol governance, planning to dissolve the Security Council and transfer protocol management permissions to the Scroll Admin multisig address. The transition is expected to be completed within the next ten days. Scroll said that the operating costs of the Security Council are no longer reasonable compared with the actual usage in the past few quarters, and the related resources should be better used for product development and growth. Scroll will work with major stakeholders to explore a new Security Council structure that is more suitable for current market conditions.

Gate News message: According to the official announcement, the Gate TradFi Stock Trading Zone has launched 15 stock CFD pairs for Tencent, Meituan, Xiaomi, Kuaishou, AIA Insurance, Geely Automobile, Zhipu, MINIMAX, Xunce, Lenovo, Kangfang Bio, CITIC Shares, Rongchuang China, China Biopharmaceutical, Anta Sports, all of which support 4x fixed leverage, with a minimum order quantity of 0.1. In addition, the Gate TradFi FX Trading Zone has launched 6 foreign-exchange CFD pairs: EUR/Hungarian Forint, USD/Hungarian Forint, USD/Indonesian Rupiah, USD/Indian Rupee, USD/Thai Baht, and USD/New Taiwan Dollar. All pairs support 20x fixed leverage, with a minimum order quantity of 0.01.

On April 13, Ethereum spot ETF net inflows reached $9.44 million, including a $5.78 million inflow into BlackRock’s Staking version ETHB and a $5.15 million inflow into Grayscale’s mini ETH. BlackRock ETHA and 21Shares TETH had net outflows of $4.07 million and $1.35 million, respectively, and the fund flows of the remaining products were zero.

Gate News message, April 14, Alibaba’s AI assistant Qianwen under Alibaba’s umbrella launched the "Table Agent" feature, allowing users to directly generate and edit Excel files within a conversation. This feature enables users to ask Qianwen to retrieve information and then generate a table, also to organize multi-turn conversation content into a table, or to generate a table based on images or files. The system typically outputs a downloadable Excel file within 1-2 minutes, without needing any copy-and-paste again, and supports modifications through natural language.

Gate News message. On April 14, according to Gate market data, as of the time of publication, BLESS (Bless) is trading at $0.02091. In the past 24 hours, it has risen 136.95%, reaching a high of $0.03747 and falling to a low of $0.00844. The total trading volume over the past 24 hours was $5.68M. The current market cap is approximately $38.5129 million. Bless is a decentralized edge computing network that provides on-demand CPU and GPU capabilities for AI, machine learning, and advanced data tools near end users. The network allows users to share their devices’ idle compute resources by installing a desktop application or a browser extension, so they can earn corresponding rewards without special hardware or complex setup. Bless offers one-click access to computing resources, supporting AI model training

On April 14, the probability on Polymarket that Israel will carry out attacks against Yemen before April 30 fell to 14%. U.S. Secretary of State Rubio will host talks in Washington between Israel and Lebanon to discuss a ceasefire and a peace agreement. After diplomatic mediation was launched, market expectations for Israel’s new front were significantly reduced.

Gate News message, a trader with address 0x18b0 incurred significant losses through two consecutive trading decisions. The trader sold 499.9 ETH for $1.1M at $2,197 before ETH price increased, resulting in a loss of $82.5K. Subsequently, the trader opened a long position on oil immediately before it