
Good afternoon,
Bitcoin pulled back from near $80,000 as rising oil prices weighed on risk assets. Meanwhile, Tether has frozen $344 million in USDT linked to suspected illicit activity, the gaming blockchain network Ronin, on which Axie Infinity runs, has set a timeline for its migration to an Ethereum Layer 2, and UK authorities have launched nationwide raids targeting illegal peer-to-peer crypto trading.
Let’s dive in! 👇


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News Roundup
Artificial Intelligence
Hands on With X’s New AI-Powered Custom Feeds (TechCrunch)
Introducing Workspace Agents in ChatGPT (OpenAI)
Google Will Spend Up to $185 Billion This Year to Power AI 'Agentic Era': CEO (Decrypt)
Pope’s Anti-AI Warnings May Be AI-Written, Detection Tool Claims (Decrypt)
What 81,000 People Told Us About the Economics of AI (Anthropic)
Xiaomi's New MiMo 2.5 Pro AI Can See, Hear, and Act—All in One Model (Decrypt)
Introducing Gemini Enterprise Agent Platform, Powering the Next Wave of Agents (Google)
Tencent Joins Alibaba in Pursuit of DeepSeek Stake at $20 Billion-Plus Valuation (Crypto Briefing)
Tesla to Spend $3 billion on Chip Fab, Taps Intel for Support (Bloomberg)
Introducing ChatGPT Images 2.0 (OpenAI)
Unauthorized Group Has Gained Access to Anthropic’s Exclusive Cyber Tool Mythos, Report Claims (TechCrunch)
Alibaba Adds China Eastern Flight Booking to Flagship Qwen App (Bloomberg)
Google Takes Aim at Nvidia With New Tensor Chips to Power AI Boom (Decrypt)
Decentralized, Centralized, & Traditional Finance
SparkLend Sees Over $1B in Deposits Since Kelp Exploit as Aave TVL Plunges (The Defiant)
Justin Sun Alleges Trump's World Liberty Threatened to Burn His WLFI Tokens (Decrypt)
Andre Cronje’s Flying Tulip Introduces Circuit Breakers to DeFi Lending (Cointelegraph)
Circle Proposes Emergency Rate Changes to Unstick Aave's Frozen USDC Pool (The Defiant)
OpenAI Hits a $1 Trillion Valuation in Race with SpaceX to Become AI’s First Mega IPO (Cryptopolitan)
Aave Deposits Plunge Below $30B as rsETH Crisis Triggers $16B Outflow (EmberCN)
KelpDAO Hacker Converts $175M ETH to BTC via THORChain in Massive Cross-Chain Move (EmberCN)
SoftBank Seeks $10 Billion Loan Backed by OpenAI Shares (Bloomberg)
Taiwan Banks to Build Own AI Model to Rival Global Giants (Bloomberg)
Circle Chief Economist Floats Higher USDC Rates on Aave Amid KelpDAO Fallout (The Block)
Tether Freezes $344 Million in USDT Stablecoins Flagged for Illicit Activity (Decrypt)
AI-Driven Hacks Threaten to Kill DeFi — Unless Projects Act Now (Cointelegraph)
PUSD Stablecoin Deploys on ADI Chain, Targeting $3T Islamic Finance Market (Cointelegraph)
Exchanges
OKX Accelerates US Push With BitGo Off-Exchange Settlement (Cointelegraph)
Exchange-Traded Funds
GSR Launches Actively Managed Bitcoin, Ethereum and Solana Basket ETF on Nasdaq (Decrypt)
On Apr. 22, U.S. Bitcoin spot ETFs saw $85.04 million in net inflows.
U.S. Ethereum spot ETFs recorded $42.84 million in net inflows on Apr. 22.
U.S. XRP spot ETFs posted $2.42 million in net inflows on Apr. 22.
U.S Solana spot ETFs logged no flows on Apr. 22.
Infrastructure
'Axie Infinity' Gaming Network Ronin Sets Date for Ethereum Layer-2 Migration (Decrypt)
Microsoft Venture Unit Supports Public Rollout of AI Builder for Base Applications (The Block)
MoonPay Launches Virtual Accounts in New York, Expanding Enterprise Stablecoin Infrastructure (PR Newswire)
Markets
Keel, Hive Shares Jump as Companies Continue Shift From Bitcoin Mining to AI (Decrypt)
Elon Musk's Tesla Reports Unchanged Bitcoin Holdings, Books $173 Million Digital Asset Loss (CoinDesk)
Kalshi Fines Meme Coin Candidate Mark Moran, Others for Betting on Their Own Elections (Decrypt)
Memecoins Post 20% Rally. But No Comeback Yet, Analysts Say (DL News)
French Weather Agency Alerts Police to Sensor ‘Interference’ After $35K Polymarket Payouts (Decrypt)
Zcash Surges 3.4% as Robinhood Listing Sparks Momentum (CoinMarketCap)
Bitcoin Slips From Near $80,000 as Oil Price Increase Weighs on Risk Assets (CoinDesk)
Ripple-Linked XRP Slips Amid Bitcoin Profit-Taking, ETF Delay (CoinDesk)
Mining
US Government Runs a Bitcoin Node, But Not Mining BTC: US Admiral (Decrypt)
Bitcoin Miners Reap Windfall as 'Runes' Debut Sends Transaction Fees to Record Highs (CoinDesk)
Trump-Linked American Bitcoin Shares Spike Over 12% After Announcing More Mining Power (CoinDesk)
Uzbekistan Launches Special Crypto Mining Zone With 10-Year Tax Holiday (The Block)
Politics & Regulation
New York, Illinois Ban Government Employees From Insider Trading on Prediction Markets (Decrypt)
Banking Group Asks for More Time to Comment on US Stablecoin Bill (Cointelegraph)
Thailand Regulator Mulls Crypto Futures Expansion in Licensing Overhaul (Decrypt)
UK Cracks Down on Illegal Peer-to-Peer Crypto Trading in Nationwide Raids (Cointelegraph)
Crypto Industry Presses Senate to Act as US Market Structure Talks Drag On (The Block)
Proposed House Bill Would Require Warrants for Government AI Surveillance (Decrypt)
White House Accuses China of 'Industrial-Scale' Theft From American AI Models (Decrypt)
US Sanctions Cambodian Senator Alleged to be Behind Crypto Scam Centers as Crackdown Widens (The Block)
Token Generation Events
MegaETH Hits First KPI With 10 Apps Live, Starts Seven-Day MEGA Token Countdown (The Block)
Treasuries
H100 Group Signs Binding Agreement to Triple Bitcoin Holdings to 3,500 BTC (Bitcoin Treasuries)
Pantera Pressures Satsuma to Liquidate $50M Bitcoin Holding and Return Capital (The Block)
Bitmine’s ETH Staking Passes 70% of Holdings After Latest $320 Million Push (The Block)
Venture Capital
Other News
Telegram Founder Pavel Durov Named Suspect in Russian Criminal Case (Reuters)
Sam Bankman-Fried Withdraws New Trial Motion for Now, Says he Won't Get 'Fair Hearing' From Judge (The Block)
SocialFi App Believe Founder Arrested on Strangulation Charges Following Rug Pull Lawsuit (The Block)
MetaMask Co-founder Dan Finlay Announces Departure From Consensys (The Block)
OpenAI Appears to be Poaching Coinbase’s Marketing Team (CoinDesk)
Spain Seizes Crypto Cold Wallets in Illegal Manga Piracy Raid (Cointelegraph)
Fold Launches 'Bitcoin Bonus' Program for Employers Following Steak 'n Shake Debut (Decrypt)
Check This Out!
Finding Satoshi explores Bitcoin’s biggest mystery—its creator. The film follows a four-year investigation, featuring interviews with key figures in crypto, tracing BTC’s origins and underlying philosophy.
Meme of the Day

Source: naiivememe
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