This week's news preview | The U.S. will release March PPI data; French President Macron will give a speech at Paris Blockchain Week

By: rootdata|2026/04/13 11:10:02
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Organized by: Jerry, ChainCatcher

Key News:

  • Binance Alpha will launch Genius Foundation (GENIUS) on April 13
  • The U.S. will announce March PPI data on April 14
  • Binance will gradually implement spot price range execution rules on April 14
  • French President Macron will give a speech at Paris Blockchain Week on April 15
  • The U.S. Senate Banking Committee plans to review the nomination of Kevin Warsh as Fed Chair on April 16

April 13 (Monday)

Binance Alpha will launch Genius Foundation (GENIUS) on April 13

According to official news, Binance Alpha will launch Genius Foundation (GENIUS) on April 13.

Eligible users can go to the Alpha event page to claim airdrops using Binance Alpha points after the Alpha trading opens. Specific details will be announced separately.

Binance will delist ACA, CHESS, DATA, DF, GHST, NKN spot trading pairs, withdrawal support will end on April 13

According to an official announcement, Binance has decided to stop trading and delist the following cryptocurrencies on February 13, 2026, at 03:00 (UTC): AcalaToken (ACA), Tranchess (CHESS), Streamr (DATA), dForce (DF), Aavegotchi (GHST), NKN (NKN).

Related spot trading pairs will be removed, and services such as trading bots and copy trading will also be stopped. Withdrawal services will be supported until April 13, 2026, at 03:00 (UTC).

April 14 (Tuesday)

The U.S. will announce March PPI data on April 14

At 20:30 Beijing time on April 14, the U.S. will announce the year-on-year and month-on-month PPI for March.

Binance will gradually implement spot price range execution rules on April 14

According to an official announcement, Binance will gradually implement spot price range execution rules (PRER) starting April 14, 2026, to prevent user orders from being executed at abnormal prices under extreme market conditions. This rule will limit orders to be executed only within a dynamic price range, aiming to maintain a fair and orderly market environment.

April 15 (Wednesday)

French President Macron will give a speech at Paris Blockchain Week on April 15

According to Beincrypto, French President Macron will give a speech at Paris Blockchain Week on April 15. The event will be held from April 15 to 16 at the Carrousel du Louvre, and he will be the first sitting G7 head of state to speak at an institutional-level conference focused on digital assets. This move is seen as a historic milestone and further confirms France's institutional leadership position in the European digital finance sector.

President Macron will outline strategic priorities for shaping European digital sovereignty to approximately 10,000 attendees, including the development of euro-denominated stablecoins, the launch of a digital euro, and the establishment of relevant regulatory frameworks to promote Europe's core position in the global digital economy. The conference will also invite several senior French government officials directly involved in European digital asset regulation, stablecoin policy, and institutional financial infrastructure development.

April 16 (Thursday)

The U.S. Senate Banking Committee plans to review the nomination of Kevin Warsh as Fed Chair on April 16

According to Jin10, a source told CNBC that the U.S. Senate Banking Committee will hold a hearing on April 16 to review Kevin Warsh's nomination as Fed Chair.

Another criminal investigation concerning the Fed is ongoing, examining whether current Chair Powell made false statements to Congress regarding the expensive renovations of the Fed's office building. Meanwhile, Warsh's nomination process is still moving forward, which could conflict with two parallel processes pushed by the Trump administration.

Banking Committee member Thom Tillis has stated that he will not vote to confirm Warsh until the investigation is concluded, meaning Trump cannot advance both processes simultaneously. However, by continuing to push for the hearing, Trump is clearly still attempting to achieve this goal. The Senate Banking Committee has not yet listed the hearing on the public agenda.

NFT project Intergaze announces closure, users must withdraw assets by April 16

The zero gas fee chain optimized for NFTs, Intergaze, will gradually cease operations, and users must withdraw their assets within 14 days before the cross-chain closure (by April 16).

NFT holders' NFTs will be migrated to Stargaze on Cosmos Hub in late May, and users must register a Cosmos wallet by May 1 to be included in the migration.

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Before using Musk's "Western WeChat" X Chat, you need to understand these three questions

The X Chat will be available for download on the App Store this Friday. The media has already covered the feature list, including self-destructing messages, screenshot prevention, 481-person group chats, Grok integration, and registration without a phone number, positioning it as the "Western WeChat." However, there are three questions that have hardly been addressed in any reports.


There is a sentence on X's official help page that is still hanging there: "If malicious insiders or X itself cause encrypted conversations to be exposed through legal processes, both the sender and receiver will be completely unaware."


Question One: Is this encryption the same as Signal's encryption?


No. The difference lies in where the keys are stored.


In Signal's end-to-end encryption, the keys never leave your device. X, the court, or any external party does not hold your keys. Signal's servers have nothing to decrypt your messages; even if they were subpoenaed, they could only provide registration timestamps and last connection times, as evidenced by past subpoena records.


X Chat uses the Juicebox protocol. This solution divides the key into three parts, each stored on three servers operated by X. When recovering the key with a PIN code, the system retrieves these three shards from X's servers and recombines them. No matter how complex the PIN code is, X is the actual custodian of the key, not the user.


This is the technical background of the "help page sentence": because the key is on X's servers, X has the ability to respond to legal processes without the user's knowledge. Signal does not have this capability, not because of policy, but because it simply does not have the key.


The following illustration compares the security mechanisms of Signal, WhatsApp, Telegram, and X Chat along six dimensions. X Chat is the only one of the four where the platform holds the key and the only one without Forward Secrecy.


The significance of Forward Secrecy is that even if a key is compromised at a certain point in time, historical messages cannot be decrypted because each message has a unique key. Signal's Double Ratchet protocol automatically updates the key after each message, a mechanism lacking in X Chat.


After analyzing the X Chat architecture in June 2025, Johns Hopkins University cryptology professor Matthew Green commented, "If we judge XChat as an end-to-end encryption scheme, this seems like a pretty game-over type of vulnerability." He later added, "I would not trust this any more than I trust current unencrypted DMs."


From a September 2025 TechCrunch report to being live in April 2026, this architecture saw no changes.


In a February 9, 2026 tweet, Musk pledged to undergo rigorous security tests of X Chat before its launch on X Chat and to open source all the code.



As of the April 17 launch date, no independent third-party audit has been completed, there is no official code repository on GitHub, the App Store's privacy label reveals X Chat collects five or more categories of data including location, contact info, and search history, directly contradicting the marketing claim of "No Ads, No Trackers."


Issue 2: Does Grok know what you're messaging in private?


Not continuous monitoring, but a clear access point.


For every message on X Chat, users can long-press and select "Ask Grok." When this button is clicked, the message is delivered to Grok in plaintext, transitioning from encrypted to unencrypted at this stage.


This design is not a vulnerability but a feature. However, X Chat's privacy policy does not state whether this plaintext data will be used for Grok's model training or if Grok will store this conversation content. By actively clicking "Ask Grok," users are voluntarily removing the encryption protection of that message.


There is also a structural issue: How quickly will this button shift from an "optional feature" to a "default habit"? The higher the quality of Grok's replies, the more frequently users will rely on it, leading to an increase in the proportion of messages flowing out of encryption protection. The actual encryption strength of X Chat, in the long run, depends not only on the design of the Juicebox protocol but also on the frequency of user clicks on "Ask Grok."


Issue 3: Why is there no Android version?


X Chat's initial release only supports iOS, with the Android version simply stating "coming soon" without a timeline.


In the global smartphone market, Android holds about 73%, while iOS holds about 27% (IDC/Statista, 2025). Of WhatsApp's 3.14 billion monthly active users, 73% are on Android (according to Demand Sage). In India, WhatsApp covers 854 million users, with over 95% Android penetration. In Brazil, there are 148 million users, with 81% on Android, and in Indonesia, there are 112 million users, with 87% on Android.



WhatsApp's dominance in the global communication market is built on Android. Signal, with a monthly active user base of around 85 million, also relies mainly on privacy-conscious users in Android-dominant countries.


X Chat circumvented this battlefield, with two possible interpretations. One is technical debt; X Chat is built with Rust, and achieving cross-platform support is not easy, so prioritizing iOS may be an engineering constraint. The other is a strategic choice; with iOS holding a market share of nearly 55% in the U.S., X's core user base being in the U.S., prioritizing iOS means focusing on their core user base rather than engaging in direct competition with Android-dominated emerging markets and WhatsApp.


These two interpretations are not mutually exclusive, leading to the same result: X Chat's debut saw it willingly forfeit 73% of the global smartphone user base.


Elon Musk's "Super App"


This matter has been described by some: X Chat, along with X Money and Grok, forms a trifecta creating a closed-loop data system parallel to the existing infrastructure, similar in concept to the WeChat ecosystem. This assessment is not new, but with X Chat's launch, it's worth revisiting the schematic.



X Chat generates communication metadata, including information on who is talking to whom, for how long, and how frequently. This data flows into X's identity system. Part of the message content goes through the Ask Grok feature and enters Grok's processing chain. Financial transactions are handled by X Money: external public testing was completed in March, opening to the public in April, enabling fiat peer-to-peer transfers via Visa Direct. A senior Fireblocks executive confirmed plans for cryptocurrency payments to go live by the end of the year, holding money transmitter licenses in over 40 U.S. states currently.


Every WeChat feature operates within China's regulatory framework. Musk's system operates within Western regulatory frameworks, but he also serves as the head of the Department of Government Efficiency (DOGE). This is not a WeChat replica; it is a reenactment of the same logic under different political conditions.


The difference is that WeChat has never explicitly claimed to be "end-to-end encrypted" on its main interface, whereas X Chat does. "End-to-end encryption" in user perception means that no one, not even the platform, can see your messages. X Chat's architectural design does not meet this user expectation, but it uses this term.


X Chat consolidates the three data lines of "who this person is, who they are talking to, and where their money comes from and goes to" in one company's hands.


The help page sentence has never been just technical instructions.


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