Daily News: U.S. Consumer Confidence Hits Five-Year Low, Trump Media Mulls New Token

Other updates involve Binance alpha point's explanation and projects' updates, according to multiple sources.

U.S. Treasury Secretary Besent: U.S. to Meet with at Least 17 Partners in Coming Weeks for Long-Term Agreements

According to Jin10.com, U.S. Treasury Secretary Besent stated that there is a significant opportunity to see income tax relief in the tax bill, with tariff revenue potentially being used for tax reduction. The U.S. hopes to secure long-term tariff revenue and agreements and will meet with at least 17 partners in the coming weeks. President Trump creates strategic uncertainty in negotiations. The range of uncertainty will gradually narrow. Vice President Vance and Indian Prime Minister Modi have made good progress.

U.S. Commerce Secretary: U.S. to Vigorously Promote Domestic Bitcoin Mining Industry

According to Bitcoin Magazine, U.S. Commerce Secretary Howard Lutnick stated that the U.S. will vigorously promote the domestic development of the Bitcoin mining industry.

Concerns Over Tariffs Drag Economic Outlook, U.S. Consumer Confidence Plummets to Near Five-Year Low in April

According to Jin10.com, the U.S. Conference Board Consumer Confidence Index fell to a near five-year low in April due to increasing concerns over tariffs, dragging down the economic outlook. The Conference Board data shows that the consumer confidence index fell by 7.9 points to 86.0 in April, the lowest level since May 2020. Stephanie Guichard, Senior Economist for Global Indicators at the Conference Board, stated, "Consumer confidence declined for the fifth consecutive month in April, reaching its lowest level since the outbreak of the COVID-19 pandemic." Tomorrow’s U.S. GDP data is expected to show a significant slowdown in first-quarter economic growth, as companies raced to import goods to avoid tariff-related cost increases, leading to a surge in imports. Consumer spending may also slow significantly, affected by high inflation and concerns about the economic impact of tariffs, prompting some households to cut spending to preserve savings.

Trump Media & Technology Group is Mulling a Utility Token for Truth Social Ecosystem

According to The Block, Trump Media & Technology Group is considering launching an application token that would be used for the "Truth Digital Wallet," allowing users to pay "Truth+ subscription fees" and other products and services within the ecosystem. The company reportedly submitted a trademark application last November for the fintech project Truth.Fi, covering services related to "downloadable digital wallet software."

Tether minted 2 billion USDT on Ethereum

According to Whale Alert, at 02:18 and 02:22 (UTC+8), Tether Treasury minted 2 billion USDT through two transactions on the Ethereum blockchain. Tether CEO Paolo Ardoino stated that the newly minted USDT is for inventory replenishment, an authorized but not issued transaction.

Binance: Sub-Accounts Are Not Eligible to Independently Acquire Alpha Points or Participate in Airdrops

Binance posted on social media regarding Alpha Points, stating: "Only the main account is eligible to acquire Alpha Points; assets from sub-accounts will be consolidated into the main account's points. Distributing assets across multiple accounts to acquire more points is not allowed." Therefore, sub-accounts are not eligible to independently acquire Alpha Points or participate in airdrops.

Privacy Blockchain Miden Completes $25 Million Seed Round Led by a16z

According to Fortune, the privacy blockchain project Miden, founded by a former Meta engineer, announced the completion of a $25 million seed round. The round was co-led by Andreessen Horowitz's crypto division, Hack VC, and 1kx. Miden uses zero-knowledge proof technology, claiming to achieve transaction privacy without sacrificing performance, thus addressing the privacy and efficiency balance faced by traditional blockchains. Although Polygon Labs, the incubator, did not participate in this round, they have reached an agreement to allocate approximately 10% of Miden's future cryptocurrency to Polygon token holders.

Haedal Unveils Tokenomics Model: Total Supply of 1 Billion, Initial Circulation 19.5%

According to the official announcement, Sui ecosystem's liquid staking protocol Haedal has released its tokenomics. The total supply of tokens is 1 billion, with the initial circulation accounting for 19.5% of the total supply. Ecosystem incentives account for 55%, liquidity fund 10%, investors 15%, and team and advisors 20%. Previously, it was reported that Binance Alpha would list Haedal Protocol (HAEDAL) on April 29.

AgentGo Releases Major Update to Empower Developers to Build Powerful AI Agents

AgentGo announced a major update to enhance its decentralized Browser Runtime network, providing developers with a more efficient AI Agent development experience. Driven by MinionLab, this update aims to help developers create smarter and more efficient AI Agents through high concurrency and strong anti-blocking capabilities. According to MinionLab's official release, AgentGo now allows users to directly view AI Agent task completion in real-time in the backend Playground and adds session recording and management features. This update greatly facilitates developers in building and debugging AI Agents in high concurrency environments, ensuring transparency and traceability of task execution.

DWF Labs Announced as Market Maker for JST Token

DWF Labs announced its collaboration with JUST DAO to become the market maker for JST.

Ethereum Foundation: Focus on Mainnet Expansion, Blobs Expansion, and User Experience Improvement in the Coming Year

According to Ethereum Foundation blog, newly appointed Co-Executive Directors Hsiao-Wei Wang and Tomasz Stańczak released a joint statement outlining their development focus for the coming year. The statement highlights that the Ethereum Foundation will focus on mainnet expansion, blobs expansion, and improving user experience, including layer 2 network interoperability and application layer improvements. The Foundation will continue to adhere to its core values of censorship resistance, open-source innovation, privacy protection, and security. The two executive directors stated that they will strengthen internal operations, enhance developer and user experiences, improve ecosystem coordination, and maintain Ethereum's position as a decentralized public good. Additionally, the Foundation will strengthen collaboration with layer 2 networks to achieve coordinated development of the entire ecosystem through optimized architecture design and interoperability.