Key Takeaways: U.S. bitcoin ETFs saw $263.18M outflows after 9 days, led by Fidelity FBTC’s $150.40M drop. Blackrock IBIT held steady as $1.93B traded, signaling active but cautious ETF markets. Ether ETFs lost $50.48M; Blackrock ETHB added $11.76M as investors weigh next moves. Traders Push $1.93B Volume Through Bitcoin ETFs as $263M Outflows Test Conviction…
Key Takeaways: The UAE exits OPEC on May 1, 2026, ending 59 years of membership and removing OPEC’s third-largest producer. Bitcoin fell from a weekly high of $79,490 to below $76,000 on April 28, as traders responded to geopolitical uncertainty and profit-taking. ADNOC holds capacity near 4.85 million barrels per day, and analysts say stabilized…
Key Takeaways: Paxos Labs Amplify integrates with Toku, letting employees earn yield on USDC, USDT, and USDG the moment pay arrives. Toku processes over $1 billion in annual token payroll volume across 100+ countries, with no lockup periods required. Paxos Labs and Toku plan to expand self-custodial yield access for workers in markets where custodial…
Key Takeaways: Compound proposed contributing between 1,900 and 3,000 ETH worth up to $6.9 million to Defi United’s rsETH recovery on April 28. DeFi United’s 14-protocol coalition has secured over $161 million in ETH commitments to restore rsETH backing after the April 18 exploit. Consensys and Joe Lubin committed 30,000 ETH to Defi United, with…
Key Takeaways: Galaxy Digital deposited 45,000 ETH worth over $104 million to Binance, Bybit, and OKX on Tuesday. Galaxy Digital’s April ETH exchange inflows approach 50,000 ETH across multiple transfers. Bitmine holds 98,352 staked ETH as institutional conviction on ether remains split. A Pattern of Exchange Inflows The move adds to a growing body of…
Key Takeaways: Bitbank and EPOS Card launched Japan’s 1st Visa credit card, allowing monthly installment payments using BTC. Bridging crypto and credit, the Visa card pays a 2,000 yen bonus and 0.5% rewards in bitcoin, ether, and astar. Looking forward, Bitbank and EPOS will expand the Visa card to support more crypto assets. Bitbank and…
Key Takeaways: B3 launches six Event Contracts on April 27, with bitcoin among three underlying assets. CMN Resolution 5,298 bans sports and political prediction derivatives starting May 4. ANATEL has blocked 28 prediction market platforms including Polymarket and Kalshi. Brazil Draws a Regulatory Line Between Asset and Event Derivatives B3’s six Event Contracts are tied…
IgniteTax AI, an artificial intelligence platform designed specifically for Philippine tax compliance, launched on April 16, 2026. The tool targets tax professionals, business owners, freelancers, educators, and students. The introduction of localized tax compliance tools coincides with the Bureau of Internal Revenue’s (BIR) recent initiatives to increase tax enforcement across the digital economy, including online…
Key Takeaways: Inos received prison time after prosecutors described false bitcoin investment claims. Saipan victims faced wider financial harm as the scheme expanded geographically. Federal prosecutors framed the case as a warning about affinity fraud. Bitcoin Fraud Sentence Shows Elder Victim Losses A fraud scheme built on false bitcoin investment claims and personal trust ended…
The Bureau of Internal Revenue (BIR) and the Presidential Anti-Organized Crime Commission (PAOCC) met to discuss the use of data and blockchain analytics regarding tax compliance among online sellers and emerging payment channels. The meeting involved BIR Commissioner Charlito Mendoza, PAOCC Undersecretary Benjamin Acorda Jr., and Assistant Commissioner James Roldan. The discussion centered on tax…
