Binance Alpha2.0 Completes AITECH to ACN Token Swap and Enables Trading
Binance Announcement: AITECH Rebrands to ACN on Alpha 2.0
On April 29, Binance confirmed its Alpha 2.0 platform has completed the rebranding of AITECH (AITECH) to AITECH Cloud Network (ACN).
Deposits and withdrawals for ACN are now live, following a 1:1 token swap.
Trading for ACN on Binance Alpha 2.0 kicked off at 16:30 on April 29, 2026.
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Reuters: Iran's New Supreme Leader Limited to Endorsement Role as Military Takes Over
April 29 (Reuters) — As the U.S.-Iran conflict enters its second month, a major shift has unfolded in Iran’s traditional top power structure, with authority quietly consolidating around the Islamic Revolutionary Guard Corps (IRGC) and a core security circle. This has altered internal decision-making dynamics and strengthened Iran’s position in diplomatic talks with the U.S.
Since its 1979 founding, Iran has relied on the Supreme Leader to oversee final state decisions. On the first day of the conflict, the former Supreme Leader was assassinated, and his son took over the role. However, **he is reportedly seriously injured from an airstrike, with damaged credibility and severe leg injuries** — he has not appeared in public for security reasons, communicating only through IRGC aides and limited audio channels.
Three sources familiar with internal deliberations note **the newly installed nominal leader no longer initiates policy directives, instead primarily endorsing resolutions al
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Brent Crude Oil Surges Above $107, Largest Single-hour Liquidation in Crypto History
April 29th: West Texas Intermediate (WTI) and Brent crude oil prices continued to climb today. Brent crude is currently trading at $107.52 on trade.xyz, up 3.67% over the past 24 hours.
Open interest for both Brent and WTI crude contracts on trade.xyz has exceeded $250 million each, ranking just below the S&P 500 and S&P 100 among traditional financial assets.
As of press time, a $5.6896 million liquidation occurred in the Brent crude market in the past hour—marking the largest liquidation across the entire cryptocurrency network in the last hour.
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EVAA Officially Launches E-Mode, Ushering in a New Era of Efficient Capital Utilization
EVAA Launches E-Mode to Boost Capital Efficiency in TON Ecosystem (April 29)
With TON’s current interest rate around 24%, the new Efficient Mode (E-Mode) can push annualized yields up to ~41% by improving capital efficiency.
Key details:
- Stablecoins qualify for a max 91% loan-to-value (LTV) ratio; TON-related assets hit up to 89%.
- E-Mode activates automatically when users borrow/lend within the same asset group and enter the expansion range—no manual setup needed.
Protocol impact: Higher capital efficiency lifts overall utilization, driving trading activity and fee growth. This strengthens the Treasury pool, providing more resources for future buyback mechanisms.
EVAA notes E-Mode isn’t just a roadmap item—it’s a new benchmark for capital efficiency in the TON ecosystem.
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ZetaChain Releases Incident Analysis: Cross-Chain Message Passing Vulnerability Leads to $330,000 Loss
On April 29, ZetaChain released a post-mortem report confirming the April 24 attack stemmed from a vulnerability in its cross-chain messaging channel. The attacker exploited three interconnected issues:
- The cross-chain system allowed unrestricted arbitrary function calls;
- The GatewayEVM contract on the receiving side accepted most commands—including "transferFrom";
- Users had previously granted irrevocable, unrestricted approvals when depositing tokens via the GatewayEVM.deposit() function, enabling the attacker to withdraw tokens from their wallets.
The attack involved 9 total transactions across Ethereum, Arbitrum, Base, and BSC chains, resulting in $333,868 in total losses (primarily in USDC and USDT). It only impacted three internal team wallets—no user funds were lost. ZetaChain noted the attacker was not an opportunist; they had invested significant time and resources in preparation, including funding wallets via Tornado Cash three days prior to the attack and condu
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Lido DAO Proposal to Temporarily Lower EarnETH Treasury First Loss Protection Threshold to Cover Losses from Kelp Incident
April 29: A new proposal landed on the Lido Research Forum, pushing for a temporary reduction to the EarnETH treasury’s first-loss protection threshold via DAO authorization amid the Kelp incident.
Under current rules, Lido Earn’s protection only activates when treasury losses exceed 1% of holdings. But the proposal notes that if the rsETH shortage is resolved through DeFi United, actual losses may dip below that 1% threshold.
To ensure EarnETH users get full compensation, the proposal recommends a one-time exception for this incident—allowing the first-loss fund to cover losses under the 1% mark. The current estimated remaining borrowing rate loss ranges from 400 to 600 ETH.
The proposal emphasizes this is a one-time arrangement tied to user protection, brand reputation, and business needs, and won’t alter the general 1% rule. Since the rsETH incident is expected to wrap up in 5-10 days (and the standard voting window is 7 days), the proposal is time-sensitive.
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