Gate News reports that on April 14, People’s Daily published an article titled “Disrupting the Capital Market: Financial-Media Self-Media Accounts—These Irregularities Must Be Flagged,” calling out and criticizing certain accounts for luring people into virtual-asset trading by publishing false profit information such as “hundredfold coins” and “making a million each month trading coins.” The article cites a notice previously issued by the People’s Bank of China and eight other departments, stressing that business activities related to virtual currencies are illegal financial activities. The article also states that accounts and platforms that provide traffic-driving and technical services for illegal virtual-currency trading are suspected of violating laws and regulations, which may threaten financial security and anti–money laundering efforts.

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BornForGood3913
· 5h ago
Hyperliquid founder Jeff Yan stated that the biggest challenge in 2025 is API server latency. Last summer, as Bitcoin prices surged and trading volume skyrocketed, the system experienced delays, with order responses changing from instant to 3 seconds, affecting trading efficiency. Through the team's efforts, the server system was rebuilt, ultimately overcoming this issue.
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