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Found 9894 news

  • CFTC pulls Wisconsin into fight over prediction market jurisdiction
    Cointelegraph.com - 05:27 Apr 29, 2026
    CFTC pulls Wisconsin into fight over prediction market jurisdictionThe US Commodity Futures Trading Commission has sued Wisconsin in the agency’s fifth lawsuit against a US state to assert jurisdiction over prediction markets. The US Commodity Futures Trading Commission on Tuesday sued the state of Wisconsin in the agency’s latest effort to assert jurisdiction over prediction markets after the state sued multiple platforms. The CFTC said in a statement that it filed the lawsuit against Wisconsin “in response to the state’s lawsuits against Kalshi, Polymarket, Crypto.com, Robinhood, and Coinbase, five CFTC-regulated prediction markets.” “States cannot circumvent the clear directive of Congress,” CFTC Chairman Michael Selig said. “Our message to Wisconsin is the same as to New York, Arizona, and others: if you interfere with the operation of federal law in regulating financial markets, we will sue you.” Read more
  • Robinhood dips as Q1 earnings miss and crypto revenue, volume fall nearly 50%
    Cointelegraph.com - 04:22 Apr 29, 2026
    Robinhood dips as Q1 earnings miss and crypto revenue, volume fall nearly 50%Robinhood’s Q1 earnings per share and revenue figures missed industry expectations, sending the company’s shares down nearly 10%. Online trading platform Robinhood fell 9.4% in after-hours trading after its Q1 revenue missed analyst estimates, while crypto revenue and trading volume fell nearly 50% from a year ago.  Robinhood’s crypto transaction revenue fell 47% year-on-year from $252 million to $134 million, while crypto trading volume fell 48% to $24 billion over the same period, according to the company’s Q1 earnings report on Tuesday.  Robinhood’s transaction-based crypto revenue fell for the third consecutive quarter in Q1. Source: Robinhood  Read more
  • Judge rejects new trial for former FTX CEO Sam Bankman-Fried
    Cointelegraph.com - 00:41 Apr 29, 2026
    Judge rejects new trial for former FTX CEO Sam Bankman-FriedA federal judge slammed Sam Bankman-Fried’s request for a new trial as seemingly “a plan to rescue his reputation,” denying the former FTX boss’s request. A Manhattan federal judge has denied FTX CEO and co-founder Sam Bankman-Fried’s motion for a new trial, rejecting his claim that there is new evidence. Judge Lewis Kaplan, who oversaw Bankman-Fried’s trial in 2023 and sentenced him to 25 years in prison in early 2024, wrote in an order on Tuesday that Bankman-Fried’s claim of new evidence and witnesses was baseless. “This motion appears to be one part of a plan to rescue his reputation that Bankman-Fried hatched and even committed to writing after FTX declared bankruptcy but before he was indicted,” Judge Kaplan wrote. Read more
  • Bitcoin rally falters as AI industry weakens and CLARITY Act approval odds fall
    Cointelegraph.com - 23:47 Apr 28, 2026
    Bitcoin rally falters as AI industry weakens and CLARITY Act approval odds fallBitcoin’s dip below $76,000 was driven by an AI sector sell-off and investors’ worries about slowed progress in the CLARITY Act negotiations. Key takeaways: Bitcoin (BTC) retreated below $76,000 on Tuesday, erasing gains from the prior week. This movement followed a 1% decline in the tech-heavy Nasdaq 100 Index after OpenAI reported a shortfall in its revenue and user growth targets. While the AI industry may be a factor in Bitcoin’s decline, crypto market regulations and macroeconomic indicators are also contributing. Read more
  • Bitcoin Coinbase Premium turns negative as BTC price drops, weekly losses top $829M
    Cointelegraph.com - 19:56 Apr 28, 2026
    Bitcoin Coinbase Premium turns negative as BTC price drops, weekly losses top $829MBitcoin price followed weakening US spot market demand as the Coinbase Premium Index turned negative for the first time in three weeks. Bitcoin’s (BTC) Coinbase Premium Index has turned negative at -0.008 for the first time in three weeks, signaling a sharp reduction in US spot market demand and aligning with BTC's current price drop. The signal held across hourly readings through the next 48 hours, showing consistent selling pressure from US-based buyers. The shift comes as the net weekly average of BTC realized losses climbed to $829 million, suggesting reduced investor conviction.  Read more
  • RedStone launches settlement layer to address RWA liquidity gap in DeFi lending
    Cointelegraph.com - 19:42 Apr 28, 2026
    RedStone launches settlement layer to address RWA liquidity gap in DeFi lendingA new system targets the mismatch between fast DeFi liquidations and slow asset redemptions, a key barrier to the use of tokenized assets in lending markets. RedStone, a decentralized oracle provider, has launched a new settlement layer for decentralized finance, aiming to make tokenized real-world assets (RWAs) usable as collateral in lending protocols. The system, called RedStone Settle, is designed to address a long-standing structural issue in DeFi. While lending platforms such as Aave rely on near-instant liquidations to manage risk, RWAs, including tokenized funds and bonds, typically have redemption periods ranging from 60 to 180 days. This mismatch has largely prevented RWAs from being used as collateral. According to RedStone, the new layer introduces an onchain auction mechanism that is triggered during liquidation events. Liquidity providers can step in to purchase positions immediately, supplying protocols with liquidity while assuming the delayed redemption risk tied to the underlying assets. Rea...
  • Canaan, Tether deepen partnership on immersion-cooled mining systems
    Cointelegraph.com - 17:14 Apr 28, 2026
    Canaan, Tether deepen partnership on immersion-cooled mining systemsCanaan secures a new Tether order for modular mining hardware as the stablecoin issuer expands into integrated, data center-style Bitcoin infrastructure. Canaan (CAN) has secured an additional order from Tether for custom Bitcoin mining hardware, extending their collaboration beyond an earlier research and development effort that tested new system designs for large-scale mining. Under the new order, Canaan will supply high-density hash board modules designed for immersion-cooled systems, with usage planned at a Tether-linked facility in South America, the crypto mining tech maker announced on Tuesday.  Canaan is supplying these systems to deepen its role as a custom hardware provider for large-scale operators such as Tether. The agreement follows a 2025 R&D partnership with ACME Swisstech, which resulted in a proof-of-concept platform to improve efficiency and scalability in mining operations. Read more
  • Bitcoin price hits one-week low as $100 oil sparks fresh Asia crisis fears
    Cointelegraph.com - 16:07 Apr 28, 2026
    Bitcoin price hits one-week low as $100 oil sparks fresh Asia crisis fearsBitcoin price downside returned to send BTC to one-week lows thanks to renewed concerns over global oil supplies focused on the Strait of Hormuz blockade. Bitcoin (BTC) headed to weekly lows after Tuesday’s Wall Street open as oil-supply woes panicked global markets. Key points: Read more
  • BitMart x EAT Trade-to-Feed competition to pay out $4.4m USDT to traders in May 2026
    Cointelegraph.com - 15:45 Apr 28, 2026
    BitMart x EAT Trade-to-Feed competition to pay out $4.4m USDT to traders in May 2026The 30-day Trade-to-Feed competition marks BitMart's 8th anniversary and the exchange's strategic listing of EAT, the first cause coin. The 30-day Trade-to-Feed competition marks BitMart's 8th anniversary and the exchange's strategic listing of EAT, the first cause coin. New York, United States, April 28, 2026, Chainwire – BitMart, the global digital asset exchange serving millions of users worldwide, today launched the Trade-to-Feed competition, a 30-day trading competition paying out up to $4.4 million USDT in trader rewards. The campaign marks BitMart's eighth anniversary and the exchange's listing of EAT (WYDE: End Hunger), the first cause coin to list on a major centralized exchange. Cause coins are an emerging asset class engineered so that fees from trading activity flow to charitable grant-making infrastructure alongside trader rewards. By making EAT the inaugural cause coin listing and pairing it with the largest competition in BitMart's history, the exchange is positioning itself ahead of a category...
  • Bitcoin price drops below $76K as onchain data sends mixed signals
    Cointelegraph.com - 15:37 Apr 28, 2026
    Bitcoin price drops below $76K as onchain data sends mixed signalsBitcoin failed to break $80,000 resistance amid weak onchain fundamentals, but rising spot CVD could support a recovery. Bitcoin (BTC) fell below $76,000 on Tuesday after failing to break $80,000 as uncertainties surrounding the reopening of the Strait of Hormuz and macroeconomic conditions unnerved the market. Meanwhile, technicals and onchain data sent mixed signals on BTC’s ability to sustain the recovery. Key takeaways Read more
    Tags: Bitcoin
  • Galaxy Digital posts $216M Q1 loss as crypto market slides 20%
    Cointelegraph.com - 15:06 Apr 28, 2026
    Galaxy Digital posts $216M Q1 loss as crypto market slides 20%Mike Novogratz's Galaxy Digital posted a $216 million first-quarter loss as weaker crypto prices hit asset values, while Helios data center revenue nears. Mike Novogratz’s digital asset company Galaxy Digital posted a $216 million loss in the first quarter of 2026, extending losses from the prior year. Galaxy Digital (GLXY) reported first-quarter earnings Tuesday of a loss of $0.49 per diluted share, compared with a loss of $0.86 in Q1 2025. The earnings came in ahead of expectations, according to MarketBeat analysts, who had expected a loss of $0.59 per share. Gross revenue for the quarter ended March 31 was $10.2 billion, compared with $10.2 billion in Q4 2025 and $12.9 billion in the same period a year earlier. Read more
  • AML crackdown eclipses securities enforcement as crypto’s top regulatory risk: Report
    Cointelegraph.com - 14:50 Apr 28, 2026
    AML crackdown eclipses securities enforcement as crypto’s top regulatory risk: ReportUS Anti-Money Laundering fines hit $900 million in the first half of 2025 as enforcement shifted from securities cases, while Basel rules and mandatory audits reshape crypto compliance, according to CertiK. Anti-Money Laundering enforcement has overtaken securities violations as the leading regulatory threat facing crypto companies, according to CertiK, with the United States Department of Justice and Financial Crimes Enforcement Network imposing $900 million in AML-related fines during the first half of 2025. The shift marks a sharp break from the US Securities and Exchange Commission-led enforcement cycle that defined earlier years of crypto regulation. SEC crypto-specific penalties collapsed 97% in penalty value year over year, dropping from $4.9 billion in 2024 to $142 million in 2025, according to a Tuesday report by blockchain security auditor CertiK. Transaction monitoring and licensing failures are now drawing penalties that rival or exceed many earlier crypto securities cases. The DOJ's February 2025...
    Tags: Report
  • Can Bitcoin hit $250K this year? Traders say it may be time to ‘sell in May’
    Cointelegraph.com - 14:43 Apr 28, 2026
    Can Bitcoin hit $250K this year? Traders say it may be time to ‘sell in May’Veteran trader Peter Brandt and other analysts question the $250,000 Bitcoin target, warning the current bear phase may not be over. Bitcoin (BTC) is trading roughly 40% below its October 2025 record high near $126,000 despite its ongoing recovery. Still, some of the cryptocurrency's loudest bulls, including billionaire investor Tim Draper and Fundstrat’s co-founder Tom Lee, have not backed down from their $250,000 year-end prediction, a target that would require more than a threefold rally from current levels. Is that realistic, or is Bitcoin’s latest drawdown a warning that the cycle has already peaked? Read more
  • Crypto projects shut down as token models fail under pressure
    Cointelegraph.com - 14:30 Apr 28, 2026
    Crypto projects shut down as token models fail under pressureCrypto projects are shutting down as token funding weakens and fragmented structures leave them with limited options to restructure or recover. A wave of crypto shutdowns is unfolding across the industry this year, hitting projects from trading platforms to analytics tools. April was no exception, as decentralized email service Dmail said it is shutting down due to high infrastructure costs, failed fundraising and weak token utility. “In prior cycles, projects could extend runway through new issuance or venture support,” Roshan Dharia, a restructuring advisor and CEO of crypto holding company Echo Base, told Cointelegraph. Read more
    Tags: Crypto
  • Japan tells real estate and crypto sectors to tighten AML checks on property deals
    Cointelegraph.com - 14:22 Apr 28, 2026
    Japan tells real estate and crypto sectors to tighten AML checks on property dealsFour Japanese government agencies have warned against the AML risks posed by crypto in real estate transactions, instructing industry bodies to enforce stricter compliance. Japan's financial, law enforcement and real estate regulators have issued a joint guidance request warning that crypto assets pose money laundering risk in property transactions. The request, published on Tuesday, was issued by the Ministry of Land, Infrastructure, Transport and Tourism, the Financial Services Agency, the National Police Agency and the Ministry of Finance. It was addressed to major real estate and crypto industry bodies, including the Japan Cryptocurrency Business Association and several national real estate federations. “Crypto assets, which have the nature of being transferred instantly across national borders, are considered to pose a high risk of being used as a payment method in real estate transactions for the purpose of money laundering,” the request states. Read more
    Tags: Japan
  • Stablecoin payroll gets built-in yield with Paxos Labs-Toku integration
    Cointelegraph.com - 14:00 Apr 28, 2026
    Stablecoin payroll gets built-in yield with Paxos Labs-Toku integration The integration lets employees earn yield on stablecoin-paid salaries without moving funds or giving up custody. Paxos Labs has integrated its Amplify platform with Toku to let employees earn yield on stablecoin salaries as soon as they are paid, without moving funds off-platform or giving up custody. The feature applies to balances held in Toku wallets, allowing users to opt in and earn yield on USDC (USDC), USDt (USDT) and USDG (USDG) with no lockups or withdrawal delays. The rollout extends across Toku’s payroll network, which it said processes more than $1 billion annually for workers in over 100 countries and integrates with systems including ADP, Workday, Gusto and UKG. The update addresses a limitation of stablecoin payrolls, where funds typically sit idle between pay cycles. Embedding yield directly into balances allows users to earn on their salaries without using external platforms or transferring assets out of their wallets. Read more
  • Aave-linked DeFi United unveils rsETH recovery plan after $293M Kelp exploit
    Cointelegraph.com - 13:42 Apr 28, 2026
    Aave-linked DeFi United unveils rsETH recovery plan after $293M Kelp exploitDeFi United published a technical plan to restore rsETH backing and unwind attacker-linked DeFi positions after the $293 million Kelp exploit. The Aave-linked recovery group DeFi United has published a technical implementation plan to restore rsETH backing after the April 18 Kelp bridge exploit released 116,500 rsETH, worth about $293 million at the time, without a corresponding burn on Unichain. The plan would convert committed Ether (ETH) into rsETH in tranches and deposit the tokens into the affected bridge lockbox, allowing the bridge to resume normal operations once the backing is restored. LayerZero and Kelp have also implemented additional security measures before the bridge returns to full operation, according to Aave.  In parallel, DeFi United plans to clear attacker-linked positions across Aave and Compound to recover collateral and resolve market impairments caused by the exploit. The group said seven addresses associated with the exploiter still hold active rsETH-backed positions on Aave and Compo...
  • Startale to add Privacy Boost transfers to Sony-linked Soneium app
    Cointelegraph.com - 13:00 Apr 28, 2026
    Startale to add Privacy Boost transfers to Sony-linked Soneium appStartale plans to integrate Sunnyside Labs’ Privacy Boost into its Soneium app, adding private transfers with audit-friendly compliance controls. Crypto infrastructure company Startale Group has selected Sunnyside Labs’ Privacy Boost as the official privacy partner for its Startale App, built for Soneium, a Sony-linked blockchain network.  Startale Group said Tuesday that the integration will add self-custodial private transfer features to the app, including shielded balances, private peer-to-peer transfers and privacy-enabled payment flows on Soneium. The move adds a consumer-facing privacy layer to Startale’s Sony-linked Soneium ecosystem as crypto apps try to give users more control over visible onchain activity while preserving compliance mechanisms for operators. Read more
  • Stablecoin transfer volume drops 19% even as supply keeps rising: RWA.xyz
    Cointelegraph.com - 12:53 Apr 28, 2026
    Stablecoin transfer volume drops 19% even as supply keeps rising: RWA.xyzStablecoin transfer volume fell more than 19% in 30 days even as supply, holders and active addresses continued to climb. Stablecoin monthly transfer volume fell by nearly 20% over the past 30 days, even as the market’s total supply and holder count continued to rise.  According to data from RWA.xyz, 30-day stablecoin transfer volume dropped 19.18% to $8.31 trillion as of April 28, while stablecoin market capitalization rose 2.06% to $305.29 billion over the same period. The number of stablecoin holders also increased by 2.32% to 246.94 million, while monthly active addresses edged up 0.26% to 51.28 million. The divergence suggests that stablecoin growth is not translating evenly into onchain activity. While more capital appears to be sitting in dollar-denominated crypto assets, fewer dollars are being moved across blockchains compared with 30 days earlier.  Read more
  • Ondo brings proxy voting to tokenized stocks and ETFs with Broadridge
    Cointelegraph.com - 12:10 Apr 28, 2026
    Ondo brings proxy voting to tokenized stocks and ETFs with BroadridgeTokenized stock holders can now participate in corporate governance, closing a long-standing gap between onchain securities and their traditional counterparts. Ondo Finance has teamed up with financial technology giant Broadridge to give holders of tokenized stocks and exchange-traded funds (ETFs) the ability to participate in proxy voting. Broadridge has built a Web3-enabled relay system where tokenholders connect their crypto wallet to Broadridge's ProxyVote platform, submit their voting preference, and Ondo's issuer then votes the real shares accordingly, with the entire process recorded onchain for transparency, according to a Tuesday announcement. “By working with Broadridge, we are enabling holders of our on-chain tokenized stocks to access governance and voting capabilities, with all the additional benefits on-chain tokens provide,” Matthieu de Vergnes, global head of institutional at Ondo Finance, said. Read more

9894 items