Sam Bankman-Fried’s Request for New Trial Tossed by Judge

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 …

Bitcoin Drops Under $76K As Investors Weigh Regulatory, AI Risk

Key takeaways: Stalled progress on the CLARITY Act and hiccups in AI industry revenue weighed heavily on Bitcoin traders’ sentiment. Global instability and US economic concerns may add further downside pressure on Bitcoin price. Bitcoin (BTC) retreated below $76,000 on Tuesday, erasing gains from the prior week. This movement followed a 1% decline in the …

LayerZero Pledges 10,000 ETH to DeFi United as Industry Rallies Behind Kelp DAO Recovery

TLDR: LayerZero Labs is donating 5,000 ETH and depositing another 5,000 ETH into Aave to strengthen market liquidity. The $292M Kelp DAO exploit involved an RPC-poisoning attack that forged cross-chain messages via LayerZero’s DVN. DeFi United has raised over $300M in ETH and stablecoins, with major contributors including Consensys and Arbitrum DAO. Total value locked …

Tim Draper Says ‘You Should Be Scared’ Without 6 Months Bitcoin Savings

Key Takeaways: Tim Draper warned Bitcoin 2026 attendees that companies without 5-15% bitcoin treasury allocation risk collapse if banks fail. Draper cited the Silicon Valley Bank (SVB) failure in 2023 as proof that bitcoin belongs on corporate balance sheets for payroll protection. Draper called holding 6 months of bitcoin reserves essential for families as fiat …

Lightspark CEO Launches Grid Global Accounts at Bitcoin 2026 Las Vegas

Key Takeaways: Lightspark CEO David Marcus launched Grid Global Accounts at Bitcoin 2025 Las Vegas, connecting users to 175 million Visa merchants. Grid reaches 65 countries in real time, with Marcus targeting 75 countries and 100 Visa markets before year-end 2026. Lightspark’s agent delegation feature lets AI spend, send, and schedule payments on users’ behalf …

Tether Picks Canaan Modules to Power Immersion Mining Sites

Key Takeaways: Canaan secured a follow-on order from Tether for custom hash board modules deploying to South America in 2026. The modular system, co-designed with ACME Swisstech, cuts operational complexity and boosts compute density for large-scale immersion-cooled mining. Tether holds an option to purchase additional module volume, signaling potential multi-phase expansion of the partnership. Canaan …

Report: Polymarket Targets Full US Return as CFTC Talks Advance

Key Takeaways: Polymarket held discussions with the CFTC in recent weeks to lift its 2022 ban and bring its main exchange to U.S. users. A full U.S. return could pit Polymarket directly against Kalshi, deepening competition in a sector processing billions monthly. CFTC Chair Michael Selig holds the lone commissioner seat, meaning approval may hinge …

Traders Push Bitcoin Below $76,000 as $43M Long Liquidations Trigger Slide

Key Takeaways: Bitcoin dropped 0.7% to $76,200 on April 28 as markets shifted focus away from Middle East geopolitical risks. The Bitunix analysis shows that $43 million in long positions were liquidated as Bitcoin’s market cap fell. Bitunix analysts expect bitcoin to trade within a bi-directional range of $76,000 to $80,000 based on current leverage. …

CFTC Sues Wisconsin Over Prediction Market Ban

Key Takeaways: The CFTC sued Wisconsin on April 28, 2026, defending Kalshi and Polymarket against state gambling law enforcement. Wisconsin AG Josh Kaul filed 3 lawsuits on April 23 targeting platforms earning over $1 billion annually from sports contracts. The CFTC has now sued 5 states in April 2026, with the conflict expected to reach …

Solidus AI Tech Rebrands to AITECH Cloud Network (ACN) and Announces Migration to Ethereum

PRESS RELEASE. Solidus AI Tech has announced a major evolution of its ecosystem, rebranding to AITECH Cloud Network (ACN) and confirming its migration from BNB Chain to the Ethereum network. This transition represents a structural shift in how the platform is positioned, scaled, and integrated within the next generation of AI infrastructure. A Structural Shift …

Symbiotic and Midas Build Instant Liquidity for Tokenized Assets

April 28th, 2026 – Dubai, UAE Built on Symbiotic Core and integrated into Midas’ Open Liquidity Architecture, the partnership adds a capital-efficient RFQ settlement layer for tokenized assets: T+0 atomic settlement with no idle capital and no pre-funded inventory. Most tokenized assets remain functionally illiquid. Redemptions can take 60 to 180 days or more, leaving …

Bitcoin Coinbase Premium turns negative as BTC price drops, weekly losses top $829M

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 …

RedStone launches settlement layer to address RWA liquidity gap in DeFi lending

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, …

Canaan, Tether deepen partnership on immersion-cooled mining systems

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 …

Fundstrat’s Tom Lee Outlines Roadmap for S&P 500 To Reach 7,700 This Year

Fundstrat head of research Tom Lee says the bullish case for U.S. stocks is strengthening, with the S&P 500 potentially rising above 7,700 before the end of the year. In a new CNBC interview, Lee says improving earnings estimates, artificial intelligence-driven productivity gains and easing geopolitical risk could help fuel further upside for equities. “To me …

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