Sponsored by
Good afternoon,
Bitcoin rebounded above $72.5K as markets reacted to developments surrounding a potential U.S. blockade of the Strait of Hormuz. Meanwhile, Justin Sun criticized the Trump family’s World Liberty Financial, alleging investors were treated like a “personal ATM,” the SEC signaled that broker-dealer rules may apply to certain crypto trading interfaces, and Polkadot confirmed an exploit tied to Hyperbridge’s Ethereum gateway after an attacker minted over $2 billion in tokens but ultimately stole just $237,000.
Let’s dive in! 👇
Stop Losing Your Money. It's time to upgrade your trading platform.
Your current trading platform is probably letting you down
Limited assets (no international stocks, no commodities, no pre-IPO companies)
Limited ability to short
Limited access to leverage
Limited trading hours
Liquid is one of the fastest growing trading platforms, allowing users to trade stocks, commodities, FX, and more 24/7/365 from their phone and computer.
Trading on Liquid is as simple as:
Pick an asset
Pick long or short
Pick your position size and leverage
Place your trade
The best part is that Liquid markets never close. So no matter what is going on in the world, you are able to keep your portfolio positioned properly.
News Roundup
Artificial Intelligence
Pudgy Penguins Launches PenguBot, an AI-Powered Agentic Trading Companion on Telegram (Pudgy Penguins)
CoreWeave Lands Multi-Year Agreement With Anthropic to Run AI Workloads (Cointelegraph)
Japan Bets $16 Billion to Propel Rapidus in Global AI Chip Race (Bloomberg)
Economists Said AI Wouldn’t Take Jobs—Some Now Admit They Got It Wrong (Decrypt)
New Tools Aim to Make AI 'Vibe Coding' Safer for Crypto (Decrypt)
Want Claude Opus AI on Your Potato PC? This Is Your Next-Best Bet (Decrypt)
Meta Builds AI Version of Mark Zuckerberg to Interact With Staff (Financial TImes)
Researchers Discover Malicious AI Agent Routers That Can Steal Crypto (Cointelegraph)
Goldman Is Using Mythos, Working With Anthropic on Cyber Risks (Bloomberg)
Decentralized, Centralized, & Traditional Finance
Bank of Canada, Major Lenders Met on Anthropic AI Cyber Risk (Bloomberg)
Visa Direct Integration Lets OwlTing Users Fund USDC Straight From a Debit Card (The Defiant)
Grayscale Listed Assets Under Consideration For Future Investment Products (Grayscale)
Morgan Stanley Weighs Tokenization, Tax Solutions in Crypto Push (Decrypt)
Commodity Traders are Getting Debanked Due to Iran War, Pushing Them to Rely on Stablecoins (CoinDesk)
ECB Backs EU Plan to Centralize Crypto Supervision Under Paris-Based ESMA Watchdog (The Block)
IMF Warns Stablecoins are Only as Stable as Their Reserves (DL News)
The $100 Trillion Wealth Shift: Stablecoin Utility and the Future of Payments (Chainalysis)
Banks, Corporates in Europe ‘Actively Selecting Partners’ for Stablecoin Push (Cointelegraph)
Aave DAO Approves $25 Million Aave Labs Funding Grant in Binding 'Aave Will Win' Vote (Decrypt)
WLFI Nears Borrowing Limits After Massive Leverage Loop on Dolomite (Chaos Labs)
Bank of Korea Calls for 'Circuit Breaker' in Local Crypto Market, Citing Bithumb Incident (The Block)
Circle CEO Allaire Defends Decision Not to Freeze USDC in Drift Exploit (The Block)
Ondo Finance Files SEC No-Action Request to Bring Tokenized Securities to Ethereum Mainnet (Blockonomi)
Bankers Rebuff White House Claim That Stablecoin Yield Doesn't Threaten Deposits (CoinDesk)
ECB Backs Tokenized EU Capital Markets With Strict Guardrails (Cointelgraph)
Justin Sun Bashes Trump Family's World Liberty, Claims Investors Used as 'Personal ATM' (Decrypt)
South Korea Says API Crypto Trading Now Makes Up 30% of Market (Cointelegraph)
Exchanges
Binance Enters Pre-IPO Market with Tokenized Assets Including SpaceX and OpenAI (Binance)
Hyperliquid Founder Jeffrey Yan Profiled as DEX Empire Scales to Global Prominence (Colossus)
Coinone Hit With $3.5 Million Fine, Three-Month Partial Suspension Over AML Violations (The Block)
Crypto Exchange Kraken Targeted in Extortion Attempt (CoinDesk)
Coinbase Adds ‘DeFi Mullet’ to UK Offering in Drive to Become an Everything Exchange (DL News)
Exchange-Traded Funds
Bitwise Files Second Amendment to Hyperliquid ETF (The Block)
Global Digital Asset Funds Post $1.1B Inflows as Risk Appetite Returns (CoinShares)
From Apr. 6-10, U.S. Bitcoin spot ETFs recorded $786.31 million in net inflows.
U.S. Ethereum spot ETFs saw $187.07 million in net inflows from Apr. 6-10.
From Apr. 6-10, U.S. Solana spot ETFs posted $5.62 million in net outflows.
U.S. XRP spot ETFs logged $11.75 million in net intflows from Apr. 6-10.
Gaming
This 'Space Invaders' Clone Game Pays Real Bitcoin—If You're Skilled, Lucky or Rich (Decrypt)
Infrastructure
Scroll Users Paid $50K in Excess Fees After Team Cranked L1 Fees by 1,280x (The Defiant)
MetaMask’s Advanced Permissions Allows Dapps to Execute Without Requiring Repeated Wallet Signatures (MetaMask)
Dogecoin Developers Start Preparing for Threat of Quantum Computers (DL News)
There’s a Way to Make Bitcoin Safe From Quantum Without a Fork (Decrypt)
Polkadot Confirms Exploit on Hyperbridge's Ethereum Gateway Contract (The Defiant)
TRON Tops $85B USDT Supply and Generates $82M Fees in Q1 2026 as Network Activity Grows (CoinDesk)
Markets
Justin Sun’s Frozen WLFI Takes $11 Million Hit as World Liberty Brushes Off Liquidation Fears (The Block)
World Decreasing WLD Token Unlock Rate by Over 40% Starting in July (The Block)
US Government Moves Bitcoin Possibly Linked to Steroid Distribution Conspiracy (The Block)
Bhutan Has Sold 70% of its Bitcoin in 18 Months (CoinDesk)
Ether Machine and Dynamix Mutually Scrap SPAC Merger, Blame 'Unfavorable Market Conditions' (The Block)
Musk’s SpaceX Holds $603 Million in Bitcoin Despite $5 Billion Loss Stemming From xAI (CoinDesk)
Trump Faces Renewed Backlash as Trump-Linked Crypto Tokens Hit Lows (Cointelegraph)
Falling Oil Prices a ‘Powerful Catalyst’ for Crypto Price Growth (DL News)
Upcoming Token Unlocks This Week Top $221M with ARB, CONX, and YZY Among Major Releases (Tokenomist)
Attacker Mints $1 Billion Polkadot Tokens on Ethereum, Ends Up Stealing Just $250,000 (CoinDesk)
Alameda Moves $16 million in Solana's SOL Token for Possible Creditor Distribution (CoinDesk)
RaveDAO Soars 3,765% in a Week Amid $13B Volume and Manipulation Concerns (Evening Traders)
Bitcoin Bounces to $72.5K as Markets React to US Strait of Hormuz Blockade (Cointelegraph)
Mining
Politics & Regulation
Crypto Bill Negotiations Enter Critical Week as Lawmakers Return (The Block)
Polymarket Says it’s Committed to US National Security After Another Lawmaker Slams Betting Platform (DL News)
SEC Signals Broker-Dealer Rules May Apply to Certain Crypto Trading Interfaces (SEC)
Crypto Critics Lament SEC Enforcement Reversal (DL News)
Treasuries
Nigel Farage-Backed Stack BTC Adds $2.7M in Bitcoin to Treasury (Cointelegraph)
Strategy Acquires 13,927 BTC, Expands Holdings to Nearly 781K Bitcoin (Strategy)
BitMine Boosts ETH Holdings to 4.88M Tokens as Total Treasury Reaches $11.8B (PR Newswire)
Venture Capital
Crypto Startups Kick Off Q2 by Raising $76M in the First Week (DL News)
Other News
Suspect Arrested After Molotov Cocktail Thrown at Sam Altman’s San Francisco Home (Decrypt)
Bitcoin Community Weighs in on Reports of Iran's Crypto Toll for Oil Ships (Cointelegraph)
Polymarket Bets Removed From Google News After Brief Appearance (Cointelegraph)
Musician Loses 5.9 BTC ‘Retirement Fund’ via Fake Ledger App (Cointelegraph)
StarkWare Cuts Staff, Reorganizes Into Two Units as it Targets Revenue (The Block)
Korean Crypto ‘Revenge Agencies’ Say They’ll Murder People for Tether Despite ‘Ringleader’ Arrest (DL News)
Check This Out!
Employment trends suggest AI may be affecting the labor market by age more than by industry, with workers ages 22 to 25 declining across AI-exposed occupations.
Source: Stanford Digital Economy
Meme of the Day
Source: naiivememe
Rate Today’s Edition
What do you think of today's edition?
Share this newsletter, claim your reward! 🎁
Participate in the On & Off Chain referral program by sharing the newsletter with your friends to claim your reward:
✌️2 referrals: A personal shoutout in On & Off Chain
Must be subscribed
