The vast majority of the stolen funds actually came from just two separate events, which together totaled around $577 million – a sum much larger than all other thefts combined that year.
At the Bitcoin 2026 conference, Oldenburg discussed what it would take for a traditional bank like Morgan Stanley to start holding Bitcoin directly, rather than just offering ways for customers to invest in it.
The jury, a motley crew of bewildered souls, sat there like grapes waiting to be crushed under the weight of his words. Musk, the Tesla and SpaceX chieftain, had spoken these heresy during his civil trial against OpenAI, a drama as tangled as a ball of yarn in a kitten’s paws. According to New York Times scribe Mike Isaac, the remark came when Musk was prodded about a 2018 OpenAI scheme to raise funds through an initial coin offering (ICO). Ah, the ICO-a relic of a time when hope and greed danced hand in hand, and everyone thought they could mint gold from thin air.
Orbion, a cryptocurrency market analyst, is advising Bitcoin investors to sell their holdings now, anticipating a significant price drop. He believes the recent surge in Bitcoin’s price above $79,000 was a temporary lure – a ‘bull trap’ – that drew in buyers before the price fell back down as more people began selling.
Senator Ted Cruz’s recent vote to ban senators from participating in prediction markets was accompanied by a statement from Senator Marco Moreno, who argued that it’s inappropriate for senators to gamble with taxpayer money. He emphasized that serving in Congress should be considered a full-time honor, not a way to make extra income. Senate Minority Leader Chuck Schumer, as reported by Politico, agreed with the decision and encouraged Speaker Mike Johnson and the Biden administration to implement similar rules for the House of Representatives and the executive branch.
On April 28th, the trading platform reported first-quarter earnings and revenue that were lower than expected, largely because fewer people were trading cryptocurrencies. Investors reacted negatively to the news, but Cathie Wood’s Ark Invest viewed it as a buying opportunity, purchasing approximately $39.7 million worth of the company’s stock the following day, demonstrating their belief in its long-term potential. Robinhood is a significant investment for Ark Invest, representing about 3% of their portfolios and ranking as a top holding across all three of their funds.
As a crypto investor, I’ve been watching the dollar closely, and it’s been a pretty significant month. It looks like it’s set for its biggest drop in almost a year. The initial boost it got from the tensions with Iran is fading as people aren’t as worried about a major crisis anymore. Basically, the dollar’s ‘safe haven’ appeal is wearing off, and traders are pulling back from those positions they built up earlier in the year when things felt more uncertain. We’re seeing about a 1.8% decrease in the dollar index for April, wiping out most of the gains it saw from the conflict.
Jerome Powell will continue serving on the Federal Reserve Board even after his term as chairman ends on May 15th. This makes him the first departing Fed chair to remain on the board since 1948. According to CoinGape, Powell announced this at his last press conference as chairman, explaining that recent events led him to feel he needed to stay and oversee them. He intends to take a less visible role once Kevin Warsh joins the board, and will not attempt to exert influence as a former chairman.
Ah, the red zone! That liminal space where months of negotiation-a tedious minuet of market structure and digital asset oversight-culminate in a dramatic clinch. Yet, the bill’s advance is, as ever, shackled by the peculiar exigencies of Republican unity, a chimera as elusive as a Nabokovian protagonist’s happiness. For without this monolithic support, the path to bipartisan markup becomes a quagmire, and the Senate floor remains but a distant, shimmering mirage.
Polymarket is launching a new system to keep its trading platform fair and secure. Built with help from Chainalysis, a blockchain data company, the system will watch for unusual trading activity throughout the entire process – from when trades happen to how they settle. It will specifically look for and prevent things like insider trading and attempts to unfairly influence market prices.
