[News Brief] Apr 22, morning | Cross-Chain Bridge Allbridge Core Temporarily Suspended After Security Incident

President Trump: “Tonight we hit Iran hard again”

President Trump said, “Tonight we hit Iran hard again.”

The source is Odaily. The remarks came amid continued tensions in the Middle East, and rising geopolitical uncertainty could affect risk-asset markets including cryptocurrencies.

Brent crude futures rise above $90 per barrel

Odaily, citing Gate data, reported that international crude oil futures rose sharply after the start of trading on the 19th as the military conflict between the United States and Iran in the Middle East continued.

Brent crude futures climbed above $90 per barrel. The increase appears to reflect concerns over supply instability due to escalating Middle East tensions.

Cross-chain bridge Allbridge Core temporarily suspended after security incident

Cross-chain bridge protocol Allbridge Core was temporarily suspended after a security incident. Onchain Lens estimated that losses from the incident exceeded $1.1 million.

According to Odaily, Allbridge has launched an investigation and advised affected liquidity pool holders to withdraw funds immediately. The incident reportedly caused imbalances in some liquidity pools, creating temporary arbitrage opportunities.

Allbridge also asked arbitrage users to return the funds and said it would use the recovered assets to compensate affected liquidity providers.

Spot Bitcoin ETFs recorded $75.67 million in net inflows last week

According to SoSoValue, spot Bitcoin ETFs saw total net inflows of $75.67 million from July 13 to 17, U.S. Eastern Time.

The product with the largest weekly net inflow was BlackRock’s ETF IBIT, which brought in $204 million. IBIT’s cumulative net inflow reached $60.49 billion.

Grayscale Bitcoin Mini Trust BTC posted net inflows of $69.988 million, bringing its cumulative net inflow to $2.56 billion.

Meanwhile, Fidelity’s ETF FBTC saw the largest weekly outflow at $181 million. FBTC’s cumulative net inflow stands at $9.97 billion.

Total net assets of spot Bitcoin ETFs came to $77.74 billion, representing 6.04% of Bitcoin’s total market capitalization. Cumulative net inflows reached $51.35 billion.

CryptoQuant: More than $2.3 billion in stablecoins flowed out of Binance and Bybit over the past 30 days

CryptoQuant analyst Darkfost said that stablecoin outflows from Binance and Bybit exceeded $2.3 billion over the past 30 days.

According to PANews, Darkfost said this trend indicates a lack of liquidity in the Bitcoin market, suggesting that investors are withdrawing stablecoins from exchanges or exiting the market altogether as new demand remains limited.

He added that Binance’s stablecoin reserves fell by $1.55 billion over the past 30 days, while Bybit saw $786 million in outflows.

Darkfost said the decline in exchange stablecoin holdings reflects weakening demand and liquidity, adding that bearish market sentiment continues to limit the inflow of capital needed for Bitcoin to break out of its range.

Large BTC and ETH short positions expand on Hyperliquid

Odaily, citing Onchain Lens, reported that an Abraxas Capital address deposited 3 million USDC into Hyperliquid and further increased its BTC and ETH short positions.

The address now holds short positions of 796.4 BTC and 31,600 ETH, worth about $51.5 million and $59.2 million, respectively. Onchain Lens said both positions increased significantly over the past two days.

Cardano activates Van Rossum hard fork

According to Odaily, Cardano activated the Van Rossum hard fork at 6:44:51 a.m. KST on the 19th, upgrading the network to Protocol Version 11. No disruptions were reported.

The upgrade reduces execution costs for Plutus smart contracts and strengthens ledger security and cryptographic tools. It includes five improvements, such as BLS12-381 multi-scalar multiplication, on-chain array types, and optimized multi-asset handling.

The upgrade was carried out through Cardano’s on-chain governance process, with voting from proposal to activation. Delegated representatives recorded a 77.63% approval rate, stake pool operators 52.7%, and the constitutional committee vote was 6-0-0-1.

Cardano is also pushing forward with Ouroboros Leios and aims to achieve throughput of more than 1,000 transactions per second during testing in 2026.

Japanese logistics company AZ-COM Maruwa Holdings seeks to pay partner companies in JPYC

According to Odaily, Japanese logistics company AZ-COM Maruwa Holdings is exploring a plan to pay about 2,300 business partners using the yen-denominated stablecoin JPYC.

JPYC is expected to be used to pay costs and compensation to sole proprietors and truck drivers handling transport operations. The company said JPYC could enable faster and more frequent settlements while reducing remittance fees.

AZ-COM Maruwa is also considering cooperation with JPYC and an investment of more than 1 billion yen, or about $6.2 million. The company is a mid-sized Japanese logistics firm whose major clients include Amazon Japan.

Hyperliquid plans to introduce permissionless market deployment under HIP-4

Hyperliquid said it plans to introduce HIP-4 as a permissionless market deployment feature in a future network upgrade.

According to the source, HIP-4 will first be implemented on testnet before being expanded to mainnet. Deployers must stake 500,000 HYPE, and the staked tokens will be locked for six months.

Deployed markets can set fee sharing of up to 50%. Hyperliquid noted that the specification is still in draft form and may change based on feedback.

Spot Solana ETFs saw $948,200 in net inflows last week

According to Odaily, SoSoValue data showed that spot SOL ETFs recorded net inflows of $948,200 during last week’s trading days, from July 13 to 17 U.S. Eastern Time.

Grayscale’s SOL Trust GSOL recorded the largest weekly net inflow at $493,100, followed by Fidelity’s ETF FSOL at $455,100.

As of publication, total net assets of spot SOL ETFs stood at $872 million, representing 1.99% of Solana’s total market capitalization. Cumulative net inflows were $1.14 billion.