Current mainstream CEX and DEX funding rate displays market-wide bearish sentiment

April 5th — Market sources report that a preliminary probe into the Drift hacking incident has found team members were previously approached in person by a North Korean intermediary at a conference.

On April 5th, data from Coinglass shows that if Bitcoin drops below $65,000, the cumulative intensity of long liquidations across mainstream centralized exchanges (CEXs) will hit $600 million. Conversely, if Bitcoin climbs above $69,000, the cumulative intensity of short liquidations on these CEXs will reach $570 million. **Note from BlockBeats**: The liquidation chart does not display the exact number of contracts or their total value being liquidated. Instead, the bars on the chart represent how important each liquidation cluster is relative to nearby clusters—i.e., "intensity." In short, the chart shows how much impact reaching a specific price level will have. A taller liquidation bar means that price hitting that level will trigger a more intense response due to a liquidity cascade.

On April 5, Crowdfund Insider reported Western Union has completed its acquisition of Dash, a Singapore-based digital wallet company formerly owned by Singtel. Financial terms of the deal were not disclosed. This marks the U.S. payment firm’s first digital wallet in the Asia-Pacific region and signals its push beyond traditional remittance services into digital financial offerings.

April 5 (NBC) — Prediction market platform Polymarket has issued an apology for allowing users to wager on the fate of a U.S. pilot whose fighter jet was shot down over Iran. Earlier, a U.S. official confirmed a two-seat F-15E “Strike Eagle” was downed Friday: one crew member was rescued, the other remains missing. A now-deleted market let users bet on when the pilot would be rescued (most guessed Saturday), with the title: “US Confirms Pilot Will Be Rescued on...?” U.S. Rep. Seth Moulton — a former Marine veteran who served in Iraq — slammed the market on X, calling it “outrageous” that people would wager while Iran conducts a perilous search-and-rescue operation. In response to Moulton’s post, Polymarket apologized and said it had taken the market down. “We immediately removed the market as it does not align with our integrity standards,” the company stated. “This content should not have been posted, and we are investigating how it bypassed our internal review processes.”

On April 5th, per on-chain analyst Ai Auntie (@ai_9684xtpa), a new address accumulated 2,015 ETH (valued at $4.13 million) 11 hours ago at an average entry price of $2,049.53 — and has since transferred the funds to another address.

(FXStreet) — On April 5th, Iranian media reported that Iran has warned the U.S. and Israel that if tensions continue to escalate, the entire region will become "your hell."