Key Takeaways: Carmine Agnello, grandson of Gambino boss John Gotti, received a 15-month federal prison sentence on April 20, 2026. Agnello diverted roughly $420,000 of $1.1 million in fraudulent SBA EIDL funds into a cryptocurrency business. U.S. Attorney Joseph Nocella Jr. signaled the Eastern District of New York will continue prosecuting COVID-19 relief fraud cases….
Key Takeaways: Yougov poll for BGC finds 65 percent of UK bettors would refuse to submit financial documents British Horseracing Authority letter to Lisa Nandy signed by 408 industry figures UK Remote Gaming Duty rose from 21 percent to 40 percent on April 1, 2026 408 Racing Figures Urge Culture Secretary to Pause Rollout The…
Cryptocurrency exchange MEXC has announced the appointment of Vugar Usi as its new Chief Executive Officer. The executive transition, which coincides with the platform’s eighth anniversary, is part of a broader corporate restructuring and brand evolution aimed at international expansion. According to the company’s press release, MEXC has implemented significant operational reforms over the past…
Key Takeaways: Binance introduces Capital Connect upgrade with 0-commission rollout and strict onboarding requirements. Marketplace integrates Binance Portfolio Accounts, aligning custody, execution, and compliance in one system. Platform adds standardized data metrics, signaling broader institutional shift toward structured crypto investing. Binance Expands Capital Connect Institutional Crypto Marketplace Binance, a global cryptocurrency exchange, announced an upgraded…
Blockchain settlement network Morph has published an industry report indicating that the total stablecoin market capitalization reached US$312 billion by the end of 2025. According to the document, annual stablecoin transaction volume hit US$33 trillion last year, exceeding the combined throughput of traditional payment networks Visa (US$15.7 trillion) and Mastercard (US$9.8 trillion). Shift Toward B2B…
Key Takeaways: Charles Schwab shows bitcoin allocations up to 22.4% depending on return assumptions. Bitcoin allocations reach 16.9% for moderate portfolios when expected returns climb to 25%. Risk-based models show 1.2% bitcoin exposure can account for 10% of total portfolio risk. Crypto Allocation Models Shift With Return Assumptions Cryptocurrency allocations are increasingly being formalized within…
As of early April, 30 teams have registered and submitted 90 games for the “Casual Degen” track hosted by YGG Play and Verse8 at BuidlHack 2026. The event challenges participants to use generative artificial intelligence tools to prototype crypto-native gaming titles rapidly. How to participate in YGG and Verse8’s Casual Degen hackathon: Early Submissions Built…
Key Takeaways: Canary Capital filed with the SEC to launch a PEPE ETF tracking token price via direct holdings. PEPE ETF signals broader push into volatile assets as firms expand beyond bitcoin and ethereum. SEC filing warns PEPE lacks utility, raising risks of manipulation and unstable long-term valuation. Canary Capital Files PEPE ETF With Direct…
Key Takeaways: The SEC named David Woodcock as Enforcement Division director, effective May 4, 2026, succeeding acting director Sam Waldon. Woodcock led the SEC’s Fort Worth Regional Office from 2011 to 2015, overseeing 120+ lawyers, accountants, and examiners. The Atkins-led SEC is expected to shift away from the Gensler era’s crypto enforcement posture toward rules-based…
Key Takeaways: Circle launched CPN Managed Payments on April 8, 2026, giving PSPs and banks access to USDC settlement without holding digital assets. USDC has processed over $70 trillion in cumulative onchain settlement, signaling major institutional demand for stablecoin infrastructure. Thunes and Worldline are among the first partners, with Circle targeting 20-plus blockchain rails for…
