Binance Square

Cryptopolitan

image
Ellenőrzött tartalomkészítő
Crypto news that doesn't waste your time. Breaking updates, market analysis, on-chain insights. Building the smartest crypto community.
1 Követés
161.3K+ Követők
571.9K+ Kedvelve
55.1K+ Megosztva
Bejegyzések
Rögzítve
·
--
At Cryptopolitan, we research, analyze, and deliver news—daily. From breaking updates to in-depth analysis, educational guides, and market insights, we’re here to keep you informed with neutral and authentic news. Thank you for trusting us to be your go-to source!
At Cryptopolitan, we research, analyze, and deliver news—daily.

From breaking updates to in-depth analysis, educational guides, and market insights, we’re here to keep you informed with neutral and authentic news.

Thank you for trusting us to be your go-to source!
CLARITY Act risks 4-year delay, says Lummis amid Senate inactionUS Senator Cynthia Lummis is warning that the long-anticipated CLARITY Act could be delayed for years if the Senate fails to act before the 2026 election cycle, raising pressure on lawmakers to finalize a landmark crypto market structure bill. Lummis, a leading Republican voice on digital asset policy, has cautioned that failure to advance the legislation during the current congressional window could push comprehensive crypto regulation into a prolonged stall lasting up to four years, effectively freezing reform efforts until the next political cycle. Over the past few weeks, several officials have also advocated for a similar urgency in the bill’s deliberations and passing. Treasury Secretary Scott Bessent just wrote an op-ed in the Wall Street Journal arguing that establishing federal regulations for digital assets is key to attracting and retaining crypto investors in the US. The Senator’s warning comes as negotiations over the bill continue to intensify in Washington, with key disagreements still centered on regulatory jurisdiction between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), as well as provisions governing stablecoin rewards and decentralized finance (DeFi) activity. Senator Lummis’ post elicited multiple reactions On X, Senator Lummis wrote, “This is our last chance to pass the Clarity Act until at least 2030. We can’t afford to surrender America’s financial future.” Her post naturally provoked different reactions from the crypto community. Some X users were confused about why things might be frozen for four years, others questioned what the actual holdup on the bill is, while others resorted to blaming banks and their lobbyists for pushing back negotiations. One commenter even expressed disappointment with the bill’s approval delay, saying, “The whole world is adopting crypto, digital currencies, we are behind on this one big time.” Another supporter of the legislation noted, “When the US sets the rules, the whole world adjusts. Clarity Act isn’t just an American story; it’s the global crypto framework in disguise.” Ideally, Lummis’ warning feels even more urgent, given that she admitted a few months ago that she isn’t running for reelection. She noted that another demanding six-year stint is just too much to take on physically and mentally. Previously, some analysts had also warned that if Congress doesn’t act soon, the bill could easily be dead in the water until at least 2027, as everyone’s focus shifts to the upcoming midterm elections. Nonetheless, bettors on prediction markets think there is a 56% chance that Trump will sign the CLARITY Act into law by the end of this year. Before Lummis raised her concerns, Treasury Secretary Scott Bessent and several of President Donald Trump’s close advisors were already making the case that Congress needs to act right away. According to Bessent, the lack of clear regulations in the US has already pushed much of the crypto innovation overseas to business-friendly hubs like Singapore and Abu Dhabi.  The White House CEA says the CLARITY Act may not be that harmful to banks as they claim The major dispute over the CLARITY Act is over its provisions on stablecoin rewards.  The bill aims to ban passive yield or interest paid solely for holding stablecoins, but permits activity-based rewards. Traditional financial institutions still contend that offering yield on stablecoins will drain bank deposits and hurt lending capacity, a claim the crypto industry refutes, pointing to a distinct lack of supporting evidence. A recent report from the White House Council of Economic Advisers, however, suggested that a ban on stablecoins yields would do very little to curb deposit flight, suggesting that the banking industry’s alarm may be exaggerated. The report showed that eliminating the yield would boost bank lending by only $2.1 billion, or just 0.02% of all loans. On top of that, it would cause about an $800 million net loss, meaning regular consumers would end up paying more than the banking system actually gains. It noted that even community bank lending would only increase by $129 billion, a 6.7% increase.  As earlier reported by Cryptopolitan, Coinbase’s Chief Policy Officer, Faryar Shirzad, also argued that stablecoin yield could open the door for big and small banks to use this tech for processing payments and offering new services. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free.

CLARITY Act risks 4-year delay, says Lummis amid Senate inaction

US Senator Cynthia Lummis is warning that the long-anticipated CLARITY Act could be delayed for years if the Senate fails to act before the 2026 election cycle, raising pressure on lawmakers to finalize a landmark crypto market structure bill.

Lummis, a leading Republican voice on digital asset policy, has cautioned that failure to advance the legislation during the current congressional window could push comprehensive crypto regulation into a prolonged stall lasting up to four years, effectively freezing reform efforts until the next political cycle.

Over the past few weeks, several officials have also advocated for a similar urgency in the bill’s deliberations and passing. Treasury Secretary Scott Bessent just wrote an op-ed in the Wall Street Journal arguing that establishing federal regulations for digital assets is key to attracting and retaining crypto investors in the US.

The Senator’s warning comes as negotiations over the bill continue to intensify in Washington, with key disagreements still centered on regulatory jurisdiction between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), as well as provisions governing stablecoin rewards and decentralized finance (DeFi) activity.

Senator Lummis’ post elicited multiple reactions

On X, Senator Lummis wrote, “This is our last chance to pass the Clarity Act until at least 2030. We can’t afford to surrender America’s financial future.”

Her post naturally provoked different reactions from the crypto community. Some X users were confused about why things might be frozen for four years, others questioned what the actual holdup on the bill is, while others resorted to blaming banks and their lobbyists for pushing back negotiations.

One commenter even expressed disappointment with the bill’s approval delay, saying, “The whole world is adopting crypto, digital currencies, we are behind on this one big time.”

Another supporter of the legislation noted, “When the US sets the rules, the whole world adjusts. Clarity Act isn’t just an American story; it’s the global crypto framework in disguise.”

Ideally, Lummis’ warning feels even more urgent, given that she admitted a few months ago that she isn’t running for reelection. She noted that another demanding six-year stint is just too much to take on physically and mentally.

Previously, some analysts had also warned that if Congress doesn’t act soon, the bill could easily be dead in the water until at least 2027, as everyone’s focus shifts to the upcoming midterm elections. Nonetheless, bettors on prediction markets think there is a 56% chance that Trump will sign the CLARITY Act into law by the end of this year.

Before Lummis raised her concerns, Treasury Secretary Scott Bessent and several of President Donald Trump’s close advisors were already making the case that Congress needs to act right away. According to Bessent, the lack of clear regulations in the US has already pushed much of the crypto innovation overseas to business-friendly hubs like Singapore and Abu Dhabi. 

The White House CEA says the CLARITY Act may not be that harmful to banks as they claim

The major dispute over the CLARITY Act is over its provisions on stablecoin rewards.  The bill aims to ban passive yield or interest paid solely for holding stablecoins, but permits activity-based rewards.

Traditional financial institutions still contend that offering yield on stablecoins will drain bank deposits and hurt lending capacity, a claim the crypto industry refutes, pointing to a distinct lack of supporting evidence. A recent report from the White House Council of Economic Advisers, however, suggested that a ban on stablecoins yields would do very little to curb deposit flight, suggesting that the banking industry’s alarm may be exaggerated.

The report showed that eliminating the yield would boost bank lending by only $2.1 billion, or just 0.02% of all loans. On top of that, it would cause about an $800 million net loss, meaning regular consumers would end up paying more than the banking system actually gains. It noted that even community bank lending would only increase by $129 billion, a 6.7% increase. 

As earlier reported by Cryptopolitan, Coinbase’s Chief Policy Officer, Faryar Shirzad, also argued that stablecoin yield could open the door for big and small banks to use this tech for processing payments and offering new services.

Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free.
Taiwan plans a $629 million funding program to create more local startupsTaiwan’s robotics industry has gotten a makeover with the official opening of a National Center and a $629 million funding plan to spin up more local robot companies on the island.  President Lai Ching-te on Friday formally launched the National Center for AI Robotics (NCAIR), as part of its “Ten AI Initiatives Promotion Plan” to promote AI use and provide the country with the momentum needed to compete globally. The National Center will operate under Taiwan’s National Institutes of Applied Research (NIAR), according to reports.  Taiwan wants to more robotics startups At the opening ceremony, President Lai said that robots are a primary focus for the center. NCAIR is specifically tasked with overseeing the development, testing, and training of domestic robots and talents.  The Taiwanese government also plans to launch a NT$20 billion (US$629 million) funding program later this year. The fund will go toward the creation of at least three new robotics startups from 2026 to 2029, according to National Applied Research Laboratories President Tsai Hung-yin.  Taiwan recently began efforts to jump-start its robotics industry. Last year, the government announced a similar funding program, where it intended to provide NT$10 billion (US$331.25 million) of subsidies to Taiwanese robotics companies over four years.  However, the program was mostly part of a five-year initiative to stimulate robotics development in a bid to address impending labor woes.  Like China, Taiwan is faced with a declining and aging population, which officials fear could drag the country’s economy and its ability to care for elderly people. The government looks to robots as a promising option to shore up its workforce demand in the near future. The priority then was to make robots for the healthcare, restaurant, and hospitality sectors within two years, according to NSTC Minister Wu Cheng-wen. With the newly launched National Center, however, home care robots are the main focus. But the center will also seek to make robots that can take up high-risk jobs, said NCAIR Director Su Wen-yu.  Taiwan ranks among the top 10 automated economies Taiwan already ranks among the top 10 countries by robot density, or the “number of robots used in a country to its economic size, as measured by its workforce,” according to a 2024 insight recently released by IFR.  Also referred to as Chinese Taipei, Taiwan has a record 302 robots per 10,000 employees, the fourth-largest in Asia and ninth globally.  Robot density graph. Source: IFR. The Republic of Korea leads the robot density count globally with a reported 1,220 robots per 10,000 employees. Singapore follows with 818 units, Germany with 449, and Japan with 446. The United States has 307 robots per 10,000 employees, the eighth-largest in the world.  China didn’t make the list. Despite having 2 million operational units of robots, the largest around the world, the country ranks 22nd in global robot density, with only 166 units. That’s due to its large population. “As a large country with a huge manufacturing workforce, China requires a significant operational stock […] in order to achieve high robot density,” IFR explained. However, it’s worth noting that China’s 166 robot density represents a 17% increase YoY, the biggest growth amongst the countries.  The smartest crypto minds already read our newsletter. Want in? Join them.

Taiwan plans a $629 million funding program to create more local startups

Taiwan’s robotics industry has gotten a makeover with the official opening of a National Center and a $629 million funding plan to spin up more local robot companies on the island. 

President Lai Ching-te on Friday formally launched the National Center for AI Robotics (NCAIR), as part of its “Ten AI Initiatives Promotion Plan” to promote AI use and provide the country with the momentum needed to compete globally. The National Center will operate under Taiwan’s National Institutes of Applied Research (NIAR), according to reports. 

Taiwan wants to more robotics startups

At the opening ceremony, President Lai said that robots are a primary focus for the center. NCAIR is specifically tasked with overseeing the development, testing, and training of domestic robots and talents. 

The Taiwanese government also plans to launch a NT$20 billion (US$629 million) funding program later this year. The fund will go toward the creation of at least three new robotics startups from 2026 to 2029, according to National Applied Research Laboratories President Tsai Hung-yin. 

Taiwan recently began efforts to jump-start its robotics industry. Last year, the government announced a similar funding program, where it intended to provide NT$10 billion (US$331.25 million) of subsidies to Taiwanese robotics companies over four years. 

However, the program was mostly part of a five-year initiative to stimulate robotics development in a bid to address impending labor woes. 

Like China, Taiwan is faced with a declining and aging population, which officials fear could drag the country’s economy and its ability to care for elderly people. The government looks to robots as a promising option to shore up its workforce demand in the near future.

The priority then was to make robots for the healthcare, restaurant, and hospitality sectors within two years, according to NSTC Minister Wu Cheng-wen. With the newly launched National Center, however, home care robots are the main focus. But the center will also seek to make robots that can take up high-risk jobs, said NCAIR Director Su Wen-yu. 

Taiwan ranks among the top 10 automated economies

Taiwan already ranks among the top 10 countries by robot density, or the “number of robots used in a country to its economic size, as measured by its workforce,” according to a 2024 insight recently released by IFR. 

Also referred to as Chinese Taipei, Taiwan has a record 302 robots per 10,000 employees, the fourth-largest in Asia and ninth globally. 

Robot density graph. Source: IFR.

The Republic of Korea leads the robot density count globally with a reported 1,220 robots per 10,000 employees. Singapore follows with 818 units, Germany with 449, and Japan with 446. The United States has 307 robots per 10,000 employees, the eighth-largest in the world. 

China didn’t make the list. Despite having 2 million operational units of robots, the largest around the world, the country ranks 22nd in global robot density, with only 166 units. That’s due to its large population. “As a large country with a huge manufacturing workforce, China requires a significant operational stock […] in order to achieve high robot density,” IFR explained.

However, it’s worth noting that China’s 166 robot density represents a 17% increase YoY, the biggest growth amongst the countries. 

The smartest crypto minds already read our newsletter. Want in? Join them.
Trump and Wall Street gang up on Mike Burry over latest bearish prediction on PalantirMichael Burry is still standing against Palantir, even after Trump stepped in and gave the stock a public boost. The fight got louder on Friday when Michael said he still holds long-dated put options on Palantir and is not closing the trade. He said he first started betting against Palantir in the fall of 2025 and has kept rolling the position forward. His latest post showed he now holds June 17, 2027 $50 puts and December 19, 2026 $100 puts.  Michael wrote, “I now own the June 17 2027 Strike Price 50 Puts and the December 19, 2026 Strike Price 100 Puts. I am not selling these today.” That post landed after Trump praised Palantir on Truth Social and helped the stock bounce from its low point during the day. Trump wrote, “Palantir Technologies (PLTR) has proven to have great war fighting capabilities and equipment. Just ask our enemies!!! President DJT” The post gave Palantir some relief, but it did not erase the damage. The stock still ended the week down 13.7%. It is also down about 28% so far in 2026. Michael answered Trump’s post with a jab at Alex Karp, saying, “Karp calling his panic attack hotline.” Burry keeps the Palantir short alive while Trump tries to stop the slide Michael pointed out that Palantir’s stock has been getting weaker since it reached a high near $200 last year. He also said Palantir is still “wildly overvalued.” He thinks the business is worth less than half of where the shares trade now. On Friday, Palantir closed at $128.06. “Trump’s post rallied the stock after the stock had fallen 18% the last three days. The stock may catch a wind here. It has been selling off with software stocks. As mentioned, I continue to hold the puts, as I believe the fundamental value of this company is well under $50/share,” said Michael. Some traders think Palantir could benefit from Trump’s war in Iran because the company does so much work with U.S. defense and intelligence agencies. At the same time, Alex Karp has kept regular contact with the administration, even though there had been tension before. Alex has spent years speaking loudly in support of the U.S. military and the idea of giving warfighters better tools. That part is not new. What changed is his relationship with Trump’s administration. Alex had criticized Trump in the past and had donated to Joe Biden’s campaign before. Now he has backed the new administration and its policies, and Palantir has picked up new government contracts and has gone deeper into Pentagon work. Wall Street pushes back as Palantir faces Anthropic, Pentagon, and political heat Meanwhile, Wall Street is making it clear that it disagrees with Michael. Dan Ives at Wedbush pushed back hard and said the idea that Anthropic is taking Palantir’s place is wrong.  “We believe the take that Anthropic is eating PLTR’s lunch, (amplified by Michael Burry’s now-deleted post on X earlier today), is the wrong take and fictional narrative (in our view) as Palantir is at the epicenter of leaders in the AI Revolution. Core AI winner and tech leader.” Dan also said in an interview, “And I think that’s it’s this ghost narrative that you’re fighting. Some will be disintermediated, but the reality is that I think it’s the most disconnected trade that I’ve seen in tech since covering it in the late 90s.” Alex has strongly backed Israel post-Oct. 7. He previously told CNBC that some employees left over his decision to become pro-Israel. Then there was the episode with Lisa Gordon, the company’s communications chief. In October last year, Lisa said Palantir’s political turn toward the Trump administration was “concerning” during an interview at an event hosted by The Information. The video was then quickly removed from The Information’s YouTube and social media pages, which is certainly interesting to say the least. There is also the Anthropic issue. Palantir uses Anthropic models, along with models from other AI labs, on its platform. But Anthropic was blacklisted by the Department of Defense after concerns were raised about autonomous weapons and government surveillance. Alex said last month that Palantir would “phase out” Anthropic’s models, but that has still not happened. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free.

Trump and Wall Street gang up on Mike Burry over latest bearish prediction on Palantir

Michael Burry is still standing against Palantir, even after Trump stepped in and gave the stock a public boost. The fight got louder on Friday when Michael said he still holds long-dated put options on Palantir and is not closing the trade.

He said he first started betting against Palantir in the fall of 2025 and has kept rolling the position forward. His latest post showed he now holds June 17, 2027 $50 puts and December 19, 2026 $100 puts. 

Michael wrote, “I now own the June 17 2027 Strike Price 50 Puts and the December 19, 2026 Strike Price 100 Puts. I am not selling these today.”

That post landed after Trump praised Palantir on Truth Social and helped the stock bounce from its low point during the day. Trump wrote, “Palantir Technologies (PLTR) has proven to have great war fighting capabilities and equipment. Just ask our enemies!!! President DJT”

The post gave Palantir some relief, but it did not erase the damage. The stock still ended the week down 13.7%. It is also down about 28% so far in 2026. Michael answered Trump’s post with a jab at Alex Karp, saying, “Karp calling his panic attack hotline.”

Burry keeps the Palantir short alive while Trump tries to stop the slide

Michael pointed out that Palantir’s stock has been getting weaker since it reached a high near $200 last year. He also said Palantir is still “wildly overvalued.” He thinks the business is worth less than half of where the shares trade now. On Friday, Palantir closed at $128.06.

“Trump’s post rallied the stock after the stock had fallen 18% the last three days. The stock may catch a wind here. It has been selling off with software stocks. As mentioned, I continue to hold the puts, as I believe the fundamental value of this company is well under $50/share,” said Michael.

Some traders think Palantir could benefit from Trump’s war in Iran because the company does so much work with U.S. defense and intelligence agencies.

At the same time, Alex Karp has kept regular contact with the administration, even though there had been tension before.

Alex has spent years speaking loudly in support of the U.S. military and the idea of giving warfighters better tools. That part is not new. What changed is his relationship with Trump’s administration.

Alex had criticized Trump in the past and had donated to Joe Biden’s campaign before. Now he has backed the new administration and its policies, and Palantir has picked up new government contracts and has gone deeper into Pentagon work.

Wall Street pushes back as Palantir faces Anthropic, Pentagon, and political heat

Meanwhile, Wall Street is making it clear that it disagrees with Michael. Dan Ives at Wedbush pushed back hard and said the idea that Anthropic is taking Palantir’s place is wrong. 

“We believe the take that Anthropic is eating PLTR’s lunch, (amplified by Michael Burry’s now-deleted post on X earlier today), is the wrong take and fictional narrative (in our view) as Palantir is at the epicenter of leaders in the AI Revolution. Core AI winner and tech leader.”

Dan also said in an interview, “And I think that’s it’s this ghost narrative that you’re fighting. Some will be disintermediated, but the reality is that I think it’s the most disconnected trade that I’ve seen in tech since covering it in the late 90s.”

Alex has strongly backed Israel post-Oct. 7. He previously told CNBC that some employees left over his decision to become pro-Israel.

Then there was the episode with Lisa Gordon, the company’s communications chief. In October last year, Lisa said Palantir’s political turn toward the Trump administration was “concerning” during an interview at an event hosted by The Information. The video was then quickly removed from The Information’s YouTube and social media pages, which is certainly interesting to say the least.

There is also the Anthropic issue. Palantir uses Anthropic models, along with models from other AI labs, on its platform. But Anthropic was blacklisted by the Department of Defense after concerns were raised about autonomous weapons and government surveillance. Alex said last month that Palantir would “phase out” Anthropic’s models, but that has still not happened.

Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free.
US government transfers seized BTC to Coinbase as $22B Bitcoin stockpile expandsThe US government has decided to transfer Bitcoin funds to a Coinbase Prime address following the seizure of funds from Glenn Olivio. This move has consequently increased the government’s total holding to around 328,000 BTC, which is worth more than $22 billion, according to data from Arkham Intelligence. Regarding this report, sources familiar with the situation disclosed that the US government moved approximately 2.438 BTC, valued at $177,000, confiscated from Olivio, in two separate transfers sent to a similar Coinbase account starting with 3EMqu.  Similar movements have been recorded in past cases, including funds associated with Ross Ulbricht, the creator of Silk Road. The US expresses a strong commitment to boost its Bitcoin stockpile Last month, the US government successfully made its first on-chain transaction in 2026, transferring approximately 0.33 BTC, valued at around $23,000, linked to a wallet titled “Miguel Villanueva Seized Funds.”  Following the three separate transfers, reliable sources noted that the first transaction consisted of about 0.05678428 BTC, the Second around 0.24020319 BTC, and the third approximately 0.03782683 BTC, bringing the total to 0.3348143 BTC, valued at around $22,876.55 at today’s price. Nonetheless, reports highlighted that publicly available government statements and court documents failed to disclose further information about Villanueva or the main reason for the seizure. This report was made public shortly after blockchain investigator ZachXBT, popular for his independent forensic investigations into cryptocurrency fraud, scams, and thefts, alleged that $40 million in cryptocurrency was removed from government-controlled seizure wallets. According to his findings, a manager of government digital forfeitures was connected to the person responsible. At this moment, the US government had roughly 328,371.99 BTC, worth $22.45 billion, in its Bitcoin stockpile, according to Arkham data. Notably, the government had previously moved about 57.55 BTC to Coinbase Prime on November 3, 2025, before initiating this Villanueva Bitcoin transfer. Interestingly, a larger transfer was executed on October 14 of last year, resulting in the seizure of 1,320.24 BTC linked to the “Potapenko/Turogin Forfeited Funds” wallets.  This discovery prompted several analysts to weigh in on the topic. They stressed that the recent Bitcoin transfer conducted by the US government represented US President Donald Trump’s Strategic Bitcoin Reserve (SBR), which he established through an executive order in 2025, that served as a pledge that federal authorities would never sell bitcoin. In the meantime, reports noted a high likelihood that Glenn Olivio’s Bitcoin was linked to Glenn Bradford Olivio, who was arrested alongside co-conspirator Dana Rene Light in May 2025. Both individuals face charges for plotting to possess and distribute a substance or mixture containing a detectable amount of anabolic steroids. This comprises synthetic testosterone and various anabolic-androgenic steroids such as Trenbolone and Nandrolone, based on information retrieved from court documents.  As a result, the two are facing five charges, including conspiracy to distribute a controlled substance, money laundering conspiracy, aggravated identity theft, and two counts of drug possession. For the time being, their personal details remain private. The last update on this case was made in June last year. The government included a forfeiture notice in the indictment, a common step in seizing cryptocurrencies allegedly tied to criminal activity. The US seeks to solidify its position as a leader in the crypto ecosystem  Regarding the current situation concerning the US government’s regulatory approach to Bitcoin and the recent Bitcoin seizure reports, the United States Secretary of the Treasury, Scott Bessent, emphasized that the administration would halt all sales of seized Bitcoin, opting instead to add it to the Strategic Bitcoin Reserve. He made these remarks during the World Economic Forum in Davos, where he told journalist Christine Lee that this plan represents a broader initiative to drive digital asset innovation in the United States while ensuring proper federal custody and control over forfeited cryptocurrencies. Notably, the statement reflects concerns about the government’s handling of Bitcoin seized from both the New York-based Tornado Cash developers and the Samourai Wallet developers. Afterward, Bessent clarified that seized BTC would be retained by the federal government following legal proceedings, rather than auctioned off as in the past, without commenting on ongoing legal issues. There’s a middle ground between leaving money in the bank and rolling the dice in crypto. Start with this free video on decentralized finance.

US government transfers seized BTC to Coinbase as $22B Bitcoin stockpile expands

The US government has decided to transfer Bitcoin funds to a Coinbase Prime address following the seizure of funds from Glenn Olivio. This move has consequently increased the government’s total holding to around 328,000 BTC, which is worth more than $22 billion, according to data from Arkham Intelligence.

Regarding this report, sources familiar with the situation disclosed that the US government moved approximately 2.438 BTC, valued at $177,000, confiscated from Olivio, in two separate transfers sent to a similar Coinbase account starting with 3EMqu. 

Similar movements have been recorded in past cases, including funds associated with Ross Ulbricht, the creator of Silk Road.

The US expresses a strong commitment to boost its Bitcoin stockpile

Last month, the US government successfully made its first on-chain transaction in 2026, transferring approximately 0.33 BTC, valued at around $23,000, linked to a wallet titled “Miguel Villanueva Seized Funds.” 

Following the three separate transfers, reliable sources noted that the first transaction consisted of about 0.05678428 BTC, the Second around 0.24020319 BTC, and the third approximately 0.03782683 BTC, bringing the total to 0.3348143 BTC, valued at around $22,876.55 at today’s price.

Nonetheless, reports highlighted that publicly available government statements and court documents failed to disclose further information about Villanueva or the main reason for the seizure.

This report was made public shortly after blockchain investigator ZachXBT, popular for his independent forensic investigations into cryptocurrency fraud, scams, and thefts, alleged that $40 million in cryptocurrency was removed from government-controlled seizure wallets. According to his findings, a manager of government digital forfeitures was connected to the person responsible.

At this moment, the US government had roughly 328,371.99 BTC, worth $22.45 billion, in its Bitcoin stockpile, according to Arkham data. Notably, the government had previously moved about 57.55 BTC to Coinbase Prime on November 3, 2025, before initiating this Villanueva Bitcoin transfer.

Interestingly, a larger transfer was executed on October 14 of last year, resulting in the seizure of 1,320.24 BTC linked to the “Potapenko/Turogin Forfeited Funds” wallets. 

This discovery prompted several analysts to weigh in on the topic. They stressed that the recent Bitcoin transfer conducted by the US government represented US President Donald Trump’s Strategic Bitcoin Reserve (SBR), which he established through an executive order in 2025, that served as a pledge that federal authorities would never sell bitcoin.

In the meantime, reports noted a high likelihood that Glenn Olivio’s Bitcoin was linked to Glenn Bradford Olivio, who was arrested alongside co-conspirator Dana Rene Light in May 2025.

Both individuals face charges for plotting to possess and distribute a substance or mixture containing a detectable amount of anabolic steroids. This comprises synthetic testosterone and various anabolic-androgenic steroids such as Trenbolone and Nandrolone, based on information retrieved from court documents. 

As a result, the two are facing five charges, including conspiracy to distribute a controlled substance, money laundering conspiracy, aggravated identity theft, and two counts of drug possession. For the time being, their personal details remain private.

The last update on this case was made in June last year. The government included a forfeiture notice in the indictment, a common step in seizing cryptocurrencies allegedly tied to criminal activity.

The US seeks to solidify its position as a leader in the crypto ecosystem 

Regarding the current situation concerning the US government’s regulatory approach to Bitcoin and the recent Bitcoin seizure reports, the United States Secretary of the Treasury, Scott Bessent, emphasized that the administration would halt all sales of seized Bitcoin, opting instead to add it to the Strategic Bitcoin Reserve.

He made these remarks during the World Economic Forum in Davos, where he told journalist Christine Lee that this plan represents a broader initiative to drive digital asset innovation in the United States while ensuring proper federal custody and control over forfeited cryptocurrencies.

Notably, the statement reflects concerns about the government’s handling of Bitcoin seized from both the New York-based Tornado Cash developers and the Samourai Wallet developers.

Afterward, Bessent clarified that seized BTC would be retained by the federal government following legal proceedings, rather than auctioned off as in the past, without commenting on ongoing legal issues.

There’s a middle ground between leaving money in the bank and rolling the dice in crypto. Start with this free video on decentralized finance.
Alibaba just conquered AI video rankings anonymouslyA powerful artificial intelligence video creator that appeared without warning on international testing platforms has turned out to be the work of Chinese technology company Alibaba, giving the firm a major boost in the competitive AI race. The tool, called HappyHorse-1.0, showed up on the Artificial Analysis benchmarking website around April 7 without any company name attached. It quickly rose to first place in rankings for creating videos from text descriptions and turning still images into moving clips. On Friday, the people behind HappyHorse set up a new account on X and said the project came from Alibaba’s ATH AI Innovation Unit. They added that work on the system continues. Alibaba confirmed the annoucement after reposting from its main account. Alibaba shares rise after ownership reveal Alibaba’s shares in Hong Kong went up 2.12 percent on Friday after the news came out. Earlier in the week on Wednesday, the stock had jumped 6.75 percent when technology shares broadly gained ground after tensions between the United States and Iran cooled down. Some market watchers had already been wondering if Alibaba was connected to the unnamed model. The company has been working hard to grow its AI products as Chinese firms compete fiercely in this space. It already has the Qwen large language model and a chatbot application. While Alibaba released other AI systems before that could make videos, none created as much excitement or scored as well as HappyHorse did in just a few days. This new tool could make Alibaba stronger in video creation, especially since other companies have hit problems. OpenAI recently shut down its Sora video app, saying it wanted to concentrate on coding tools, business customers, and general artificial intelligence work because computing costs were too high. OpenAI stepping back might help Chinese competitors, but ByteDance had to stop rolling out its popular Seedance 2.0 after Hollywood studios and streaming services accused it of copyright violations. Alibaba’s chief executive Eddie Wu has made AI development the top goal for the company’s many different businesses, which also cover computer chip design and data centers. The company has already built its AI models into online shopping, advertising, and entertainment products, and might plan to do the same with HappyHorse. HappyHorse-1.0 launched in an odd way There was no big event, no technical explanation, and no company backing. It just appeared anonymously on the Artificial Analysis Video Arena rankings and climbed to the top. HappyHorse, topped the rankings in text to video, image to video, and text to video with audio categories. It ranked second only in one category: image to video with audio, where Seedance 2.0 holds the lead. Artificial Analysis uses blind tests where real people worldwide compare videos without knowing which model made them. Results get combined using an Elo rating system like chess rankings. This method is seen as more honest than when companies report their own scores, though new models’ scores can bounce around more because fewer people have tested them. A difference of about 60 points usually means one model wins consistently. On X, people disagree about HappyHorse. Some doubt it, saying it falls short of Seedance 2.0 in showing character details and smooth movement. Others see promise, hoping it can fix the problem of keeping quality steady across multiple video shots. Alibaba’s earlier Wan video creator ranked only around 20th on Artificial Analysis, so HappyHorse reaching the top shows a big jump in Alibaba’s video AI abilities. The company says 2026 is important for speeding up AI work. Video creation is one of the toughest areas where AI developers compete and one of the few that makes money. With OpenAI leaving last month, Chinese companies have more room to grow. Most top products on Artificial Analysis now come from Chinese firms. Alibaba ATH says HappyHorse is part of exploring new ways to interact in the AI age and more products will come. Opening the programming interface will let outside developers use the model and test how well it works commercially. China is also pushing hard towards AI chip independance. As reported by Cryptopolitan on Tuesday, Alibaba and China Telecom said they are building a computing center in southern China using chips Alibaba designed. The facility will have 10,000 Zhenwu semiconductors made for AI work that can run systems with hundreds of billions of parameters. China Telecom will own and run the location. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free.

Alibaba just conquered AI video rankings anonymously

A powerful artificial intelligence video creator that appeared without warning on international testing platforms has turned out to be the work of Chinese technology company Alibaba, giving the firm a major boost in the competitive AI race.

The tool, called HappyHorse-1.0, showed up on the Artificial Analysis benchmarking website around April 7 without any company name attached. It quickly rose to first place in rankings for creating videos from text descriptions and turning still images into moving clips.

On Friday, the people behind HappyHorse set up a new account on X and said the project came from Alibaba’s ATH AI Innovation Unit. They added that work on the system continues. Alibaba confirmed the annoucement after reposting from its main account.

Alibaba shares rise after ownership reveal

Alibaba’s shares in Hong Kong went up 2.12 percent on Friday after the news came out. Earlier in the week on Wednesday, the stock had jumped 6.75 percent when technology shares broadly gained ground after tensions between the United States and Iran cooled down. Some market watchers had already been wondering if Alibaba was connected to the unnamed model.

The company has been working hard to grow its AI products as Chinese firms compete fiercely in this space. It already has the Qwen large language model and a chatbot application.

While Alibaba released other AI systems before that could make videos, none created as much excitement or scored as well as HappyHorse did in just a few days.

This new tool could make Alibaba stronger in video creation, especially since other companies have hit problems. OpenAI recently shut down its Sora video app, saying it wanted to concentrate on coding tools, business customers, and general artificial intelligence work because computing costs were too high.

OpenAI stepping back might help Chinese competitors, but ByteDance had to stop rolling out its popular Seedance 2.0 after Hollywood studios and streaming services accused it of copyright violations.

Alibaba’s chief executive Eddie Wu has made AI development the top goal for the company’s many different businesses, which also cover computer chip design and data centers.

The company has already built its AI models into online shopping, advertising, and entertainment products, and might plan to do the same with HappyHorse.

HappyHorse-1.0 launched in an odd way

There was no big event, no technical explanation, and no company backing. It just appeared anonymously on the Artificial Analysis Video Arena rankings and climbed to the top.

HappyHorse, topped the rankings in text to video, image to video, and text to video with audio categories. It ranked second only in one category: image to video with audio, where Seedance 2.0 holds the lead.

Artificial Analysis uses blind tests where real people worldwide compare videos without knowing which model made them. Results get combined using an Elo rating system like chess rankings. This method is seen as more honest than when companies report their own scores, though new models’ scores can bounce around more because fewer people have tested them. A difference of about 60 points usually means one model wins consistently.

On X, people disagree about HappyHorse. Some doubt it, saying it falls short of Seedance 2.0 in showing character details and smooth movement. Others see promise, hoping it can fix the problem of keeping quality steady across multiple video shots.

Alibaba’s earlier Wan video creator ranked only around 20th on Artificial Analysis, so HappyHorse reaching the top shows a big jump in Alibaba’s video AI abilities. The company says 2026 is important for speeding up AI work.

Video creation is one of the toughest areas where AI developers compete and one of the few that makes money. With OpenAI leaving last month, Chinese companies have more room to grow. Most top products on Artificial Analysis now come from Chinese firms.

Alibaba ATH says HappyHorse is part of exploring new ways to interact in the AI age and more products will come. Opening the programming interface will let outside developers use the model and test how well it works commercially.

China is also pushing hard towards AI chip independance. As reported by Cryptopolitan on Tuesday, Alibaba and China Telecom said they are building a computing center in southern China using chips Alibaba designed. The facility will have 10,000 Zhenwu semiconductors made for AI work that can run systems with hundreds of billions of parameters. China Telecom will own and run the location.

Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free.
Attempts to completely restrict Telegram intensify in RussiaReports of Telegram outages are mounting in Russia, with difficulties using the messenger reaching rarely seen levels, according to service status tracking websites. Russian authorities have been slowing down traffic to the platform since February, but attempts to completely restrict access to the app escalated in late March and April. Telegram down across Russia before the weekend Russia is now trying to fully block the popular messaging service Telegram on its territory, local and regional media reported Friday. “Anomalies” affecting access reached 95% on the morning of April 10, jumping from 79% on Thursday, the independent Russian investigative media outlet Agentstvo found out first. Referring to data from the Open Observatory of Network Interference (OONI), a global platform monitoring online censorship, it noted in a post: “This is the highest anomaly rate ever recorded since the new restrictions on the messaging app began in Russia on March 20.” Russia’s telecom watchdog, Roskomnadzor (RKN), started throttling Telegram in early February, citing non-compliance with requests to remove prohibited information. Attempts to interrupt traffic started the following month, ahead of a reported April 1 deadline for the messenger to meet Moscow’s requirements regarding content moderation. Since then, they have intensified periodically, usually towards the end of the working week, Agentstvo pointed out and commented: “These figures may indicate that Pavel Durov’s messaging app is already being blocked more severely than WhatsApp and Signal.” “For comparison, the officially blocked Signal and the effectively blocked WhatsApp on Friday morning had an anomaly rate of 89%,” the outlet added. Long before the current crackdown, Russian regulators had already banned Signal, Discord, and Viber by the end of 2024. Besides going after Telegram, the RKN practically banned WhatsApp when it deleted its domain this past February. Each had over 90 million users in Russia. Voice calls through both were limited in August 2025, with Roskmonadzor claiming they had become a favorite tool for fraudsters, extremists, and cybercriminals. User reports of outages on sites like Downdetector also rose sharply overnight between Thursday and Friday, the report further detailed. Detector404.ru has registered over 5,000 complaints in 24 hours, as of the time of writing. Reports have also increased on another Russia-focused tracker, Сбой.рф, with over half of them coming from the capital Moscow and Russia’s second-largest city, St. Petersburg. Putin hits Telegram ahead of unpopular decisions, says Zelenskyy Discussing the blocking of Telegram in Russia, Ukraine’s President Volodymyr Zelenskyy attributed the ban to Moscow preparing to make “unpopular decisions.” In a post on Friday, he suggested: “Perhaps this is the end of the war in one format or another. Or, conversely, an escalation.” In the first case, he pondered, the Kremlin would have to deal with part of the Russian society that has been radicalized by propaganda and is not ready for an end to the war. And the second means even greater mobilization, this time sending people from the large cities to the front, Zelenskyy commented at a press conference, quoted by Ukrainian media. “In my opinion, these are two main scenarios, but, of course, there may be other motivations. And soon we will see which of the scenarios Putin chose,” he concluded. Telegram has been under pressure over content moderation lately, not just in Russia, but also in Ukraine, as previously reported by Cryptopolitan. The messenger is widely used by soldiers on both sides in the conflict. Moscow and Kyiv have now committed to a truce for the Orthodox Easter this weekend. Reacting to the RKN’s crackdown on Telegram, founder Pavel Durov recently urged Russians for “digital resistance,” highlighting that 65 million of them still use it, bypassing the blockade via VPNs. His call came after a recent report revealed that Russian authorities have foiled a number of protests in defense of the messenger in various parts of the vast country. The crypto card with no spending limits. Get 3% cashback and instant mobile payments. Claim your Ether.fi card.

Attempts to completely restrict Telegram intensify in Russia

Reports of Telegram outages are mounting in Russia, with difficulties using the messenger reaching rarely seen levels, according to service status tracking websites.

Russian authorities have been slowing down traffic to the platform since February, but attempts to completely restrict access to the app escalated in late March and April.

Telegram down across Russia before the weekend

Russia is now trying to fully block the popular messaging service Telegram on its territory, local and regional media reported Friday.

“Anomalies” affecting access reached 95% on the morning of April 10, jumping from 79% on Thursday, the independent Russian investigative media outlet Agentstvo found out first.

Referring to data from the Open Observatory of Network Interference (OONI), a global platform monitoring online censorship, it noted in a post:

“This is the highest anomaly rate ever recorded since the new restrictions on the messaging app began in Russia on March 20.”

Russia’s telecom watchdog, Roskomnadzor (RKN), started throttling Telegram in early February, citing non-compliance with requests to remove prohibited information.

Attempts to interrupt traffic started the following month, ahead of a reported April 1 deadline for the messenger to meet Moscow’s requirements regarding content moderation.

Since then, they have intensified periodically, usually towards the end of the working week, Agentstvo pointed out and commented:

“These figures may indicate that Pavel Durov’s messaging app is already being blocked more severely than WhatsApp and Signal.”

“For comparison, the officially blocked Signal and the effectively blocked WhatsApp on Friday morning had an anomaly rate of 89%,” the outlet added.

Long before the current crackdown, Russian regulators had already banned Signal, Discord, and Viber by the end of 2024.

Besides going after Telegram, the RKN practically banned WhatsApp when it deleted its domain this past February. Each had over 90 million users in Russia.

Voice calls through both were limited in August 2025, with Roskmonadzor claiming they had become a favorite tool for fraudsters, extremists, and cybercriminals.

User reports of outages on sites like Downdetector also rose sharply overnight between Thursday and Friday, the report further detailed.

Detector404.ru has registered over 5,000 complaints in 24 hours, as of the time of writing. Reports have also increased on another Russia-focused tracker, Сбой.рф, with over half of them coming from the capital Moscow and Russia’s second-largest city, St. Petersburg.

Putin hits Telegram ahead of unpopular decisions, says Zelenskyy

Discussing the blocking of Telegram in Russia, Ukraine’s President Volodymyr Zelenskyy attributed the ban to Moscow preparing to make “unpopular decisions.” In a post on Friday, he suggested:

“Perhaps this is the end of the war in one format or another. Or, conversely, an escalation.”

In the first case, he pondered, the Kremlin would have to deal with part of the Russian society that has been radicalized by propaganda and is not ready for an end to the war.

And the second means even greater mobilization, this time sending people from the large cities to the front, Zelenskyy commented at a press conference, quoted by Ukrainian media.

“In my opinion, these are two main scenarios, but, of course, there may be other motivations. And soon we will see which of the scenarios Putin chose,” he concluded.

Telegram has been under pressure over content moderation lately, not just in Russia, but also in Ukraine, as previously reported by Cryptopolitan.

The messenger is widely used by soldiers on both sides in the conflict. Moscow and Kyiv have now committed to a truce for the Orthodox Easter this weekend.

Reacting to the RKN’s crackdown on Telegram, founder Pavel Durov recently urged Russians for “digital resistance,” highlighting that 65 million of them still use it, bypassing the blockade via VPNs.

His call came after a recent report revealed that Russian authorities have foiled a number of protests in defense of the messenger in various parts of the vast country.

The crypto card with no spending limits. Get 3% cashback and instant mobile payments. Claim your Ether.fi card.
France is pushing to tighten EU crypto rules, targeting non-euro stablecoinsWhile significant investors pour money into a new regulated cryptocurrency market springing up in Vietnam, France is trying to tighten regulations on foreign-backed digital currencies. Stablecoins are digital tokens whose value is linked to actual currencies, particularly those that are not backed by the euro. A senior Bank of France official has urged European regulators to impose more restrictions on stablecoins. The drive comes as European officials become increasingly concerned about the increasing use of digital currencies backed by dollars in daily transactions. Denis Beau, the Bank of France official leading the charge, said that the existing European crypto rulebook, known as the Markets in Crypto-Assets framework or MiCA, does not go far enough. In an official report, Beau wrote: “we are pressing for a strengthening of MiCA, particularly to restrict the use of stablecoins for everyday payments, all-the-more when they are backed by a currency other than the euro.” The Bank of France has been building this case for some time. As cryptopolitan reported earlier in 2025, the Bank of France had already urged the European Securities and Markets Authority, known as ESMA, to gain direct oversight powers over large crypto issuers. It also pushed for stricter rules on what is called multi-issuance, when the same stablecoin is issued across several platforms, warning that current rules leave Europe open to regulatory loopholes and too dependent on dollar-backed tokens. Beau’s report also noted that stablecoins issued by banks or licensed electronic money institutions carry less financial risk than those put out by firms with no banking background. A rule requiring individuals to report cryptocurrencies held in private digital wallets if the total value exceeds 5,000 euros was passed by the nation’s National Assembly. Although the initiative has not yet become a full law, it shows that France intends to monitor its citizens’ use and storage of digital assets more closely. Vietnam opens up for business While Europe tightens its grip, the picture looks very different on the other side of the world. On April 10, Vietnam Prosperity Crypto Asset Exchange JSC, known as CAEX, announced that two major investment firms, OKX Ventures and HashKey Capital, have agreed to back the company financially and become strategic partners. The two firms will contribute funds in April to help CAEX meet a minimum capital requirement of 10 trillion Vietnamese dong, which works out to around $380 million. That figure is the entry bar set by Vietnam’s government for any exchange looking to join its new pilot program for regulated crypto trading. This five-year trial program was started by Vietnam in an effort to move local traders from unregulated offshore platforms to venues under government supervision that are licensed. An exchange must reach the 10 trillion dong barrier in order to be eligible, and institutional investors like banks or securities firms must provide at least 65% of the necessary capital. Five domestic companies, CAEX, associated with VPBank; TCEX, associated with Techcombank; and LPEX, associated with LPBank, passed an early assessment stage. Netero Dai, vice president of OKX Global Markets, said: “Vietnam is one of the most dynamic markets for digital assets, with strong user adoption and a clear move towards a regulated framework. Our partnership with CAEX reflects our mission to create a safe, trusted environment for people to transact with crypto.” Two regions, two very different bets Later in 2026, Vietnam intends to impose a tax of about 0.1 percent on cryptocurrency transactions and legally recognize digital assets in legislation. This divergence underscores Europe’s defensive approach to protect monetary sovereignty versus Asia’s pragmatic push for regulated growth and adoption. While France tightens MiCA to limit non-euro stablecoins in daily payments, Vietnam and similar Asian hubs are attracting capital and infrastructure through clear licensing and institutional partnerships. The result is an emerging crypto decoupling, where stablecoins increasingly function as independent payment infrastructure rather than purely speculative assets tied to market cycles. Your bank is using your money. You’re getting the scraps. Watch our free video on becoming your own bank

France is pushing to tighten EU crypto rules, targeting non-euro stablecoins

While significant investors pour money into a new regulated cryptocurrency market springing up in Vietnam, France is trying to tighten regulations on foreign-backed digital currencies.

Stablecoins are digital tokens whose value is linked to actual currencies, particularly those that are not backed by the euro. A senior Bank of France official has urged European regulators to impose more restrictions on stablecoins.

The drive comes as European officials become increasingly concerned about the increasing use of digital currencies backed by dollars in daily transactions.

Denis Beau, the Bank of France official leading the charge, said that the existing European crypto rulebook, known as the Markets in Crypto-Assets framework or MiCA, does not go far enough.

In an official report, Beau wrote: “we are pressing for a strengthening of MiCA, particularly to restrict the use of stablecoins for everyday payments, all-the-more when they are backed by a currency other than the euro.”

The Bank of France has been building this case for some time.

As cryptopolitan reported earlier in 2025, the Bank of France had already urged the European Securities and Markets Authority, known as ESMA, to gain direct oversight powers over large crypto issuers.

It also pushed for stricter rules on what is called multi-issuance, when the same stablecoin is issued across several platforms, warning that current rules leave Europe open to regulatory loopholes and too dependent on dollar-backed tokens.

Beau’s report also noted that stablecoins issued by banks or licensed electronic money institutions carry less financial risk than those put out by firms with no banking background.

A rule requiring individuals to report cryptocurrencies held in private digital wallets if the total value exceeds 5,000 euros was passed by the nation’s National Assembly.

Although the initiative has not yet become a full law, it shows that France intends to monitor its citizens’ use and storage of digital assets more closely.

Vietnam opens up for business

While Europe tightens its grip, the picture looks very different on the other side of the world.

On April 10, Vietnam Prosperity Crypto Asset Exchange JSC, known as CAEX, announced that two major investment firms, OKX Ventures and HashKey Capital, have agreed to back the company financially and become strategic partners.

The two firms will contribute funds in April to help CAEX meet a minimum capital requirement of 10 trillion Vietnamese dong, which works out to around $380 million.

That figure is the entry bar set by Vietnam’s government for any exchange looking to join its new pilot program for regulated crypto trading.

This five-year trial program was started by Vietnam in an effort to move local traders from unregulated offshore platforms to venues under government supervision that are licensed. An exchange must reach the 10 trillion dong barrier in order to be eligible, and institutional investors like banks or securities firms must provide at least 65% of the necessary capital.

Five domestic companies, CAEX, associated with VPBank; TCEX, associated with Techcombank; and LPEX, associated with LPBank, passed an early assessment stage.

Netero Dai, vice president of OKX Global Markets, said: “Vietnam is one of the most dynamic markets for digital assets, with strong user adoption and a clear move towards a regulated framework. Our partnership with CAEX reflects our mission to create a safe, trusted environment for people to transact with crypto.”

Two regions, two very different bets

Later in 2026, Vietnam intends to impose a tax of about 0.1 percent on cryptocurrency transactions and legally recognize digital assets in legislation.

This divergence underscores Europe’s defensive approach to protect monetary sovereignty versus Asia’s pragmatic push for regulated growth and adoption.

While France tightens MiCA to limit non-euro stablecoins in daily payments, Vietnam and similar Asian hubs are attracting capital and infrastructure through clear licensing and institutional partnerships.

The result is an emerging crypto decoupling, where stablecoins increasingly function as independent payment infrastructure rather than purely speculative assets tied to market cycles.

Your bank is using your money. You’re getting the scraps. Watch our free video on becoming your own bank
Strait of Hormuz transit falls to a trickleAs the near-blockage of the Strait of Hormuz drives the price of physical oil to very high levels, traders, governments, and shipping firms are finding it difficult to react to the intense strain on the world’s oil markets. Analysts say the price of dated Brent crude has hit a record $144, showing how scarce actual oil supplies have become. Meanwhile, Brent futures for June were trading much lower at $96.51 per barrel on Friday morning. Experts explain that this large gap between the two prices shows that the shortage of oil is far worse than what the financial market prices suggest. Martijn Rats of Morgan Stanley clarified that whereas ICE Brent futures are merely financial contracts, Dated Brent displays the actual price of oil that is currently ready to ship. Dynamix Corporation III’s founder and CEO, Andrejka Bernatova, stated that the $144 pricing should be viewed as a warning rather than an exception. “Dated Brent at $144 is not just a price record. It’s the physical market telling you that real barrels are becoming scarce,” she said. “The Strait of Hormuz remains almost entirely blocked. Until those flows are actually moving again, the $144 print is less of a historical anomaly and more of a preview.” Strait of Hormuz transit falls to a trickle Approximately one-fifth of the world’s oil and liquefied natural gas shipments typically pass through the Strait of Hormuz, a narrow canal that links the Persian Gulf to the larger ocean. The strait handled between 120 and 140 vessel transits every day prior to the start of attacks on February 28. That number has fallen dramatically. According to shipping intelligence firms Kpler and Lloyd’s List Intelligence, only five vessels crossed on Wednesday and seven on Thursday. More than 600 ships, including 325 tankers, are currently stranded in the Gulf. Even if a ceasefire holds, analysts expect the strait to handle no more than 10 to 15 safe passages per day. Tensions between the United States and Iran are adding to the uncertainty. Iran has insisted that all vessels passing through must coordinate with its naval forces. President Donald Trump has said Iran is not holding up its end of the “safe passage” agreement reached in the ceasefire, while Iranian Foreign Minister Abbas Araghchi has countered that the U.S. is the one failing to honor the deal. Further talks aimed at reaching a permanent ceasefire are scheduled to take place in Islamabad. Countries move to secure alternative supply lines Faced with an unstable spot market, countries are moving quickly to lock in alternative supply arrangements. Singapore and Australia said Friday they are working toward a formal, legally binding agreement on energy and critical supplies. Singapore Prime Minister Lawrence Wong and Australian Prime Minister Anthony Albanese agreed to speed up negotiations covering those sectors. The two nations have a close energy relationship. Australia supplies more than one-third of Singapore’s LNG, while Singapore provides 26% of Australia’s refined fuel imports. According to Wong, in order to better control risk and explore longer-term supply agreements, Singapore has combined its gas purchases under a single organization. Japan is also taking measures to reduce the pressure. Plans to release more oil from national reserves in May of next year, roughly 20 days’ worth of domestic consumption, were revealed by Prime Minister Sanae Takaichi. Last month, a comparable release was made. Additionally, Japan is attempting to get oil via routes that completely avoid the Strait of Hormuz. The nation has enough oil on hand to last 230 days as of April 6, with government stocks alone providing 143 days. Shipping industry leaders still don’t believe the situation will improve soon, even though U.S. Vice President JD Vance says the strait could slowly reopen. Janiv Shah from Rystad Energy warned that tanker prices will likely stay high and oil supply will remain limited for a while. He added that even if countries make progress in talks, it doesn’t always lead to real, on-the-ground improvements. Your keys, your card. Spend without giving up custody and earn 8%+ yield on your balance with Ether.fi Cash.

Strait of Hormuz transit falls to a trickle

As the near-blockage of the Strait of Hormuz drives the price of physical oil to very high levels, traders, governments, and shipping firms are finding it difficult to react to the intense strain on the world’s oil markets.

Analysts say the price of dated Brent crude has hit a record $144, showing how scarce actual oil supplies have become. Meanwhile, Brent futures for June were trading much lower at $96.51 per barrel on Friday morning.

Experts explain that this large gap between the two prices shows that the shortage of oil is far worse than what the financial market prices suggest.

Martijn Rats of Morgan Stanley clarified that whereas ICE Brent futures are merely financial contracts, Dated Brent displays the actual price of oil that is currently ready to ship.

Dynamix Corporation III’s founder and CEO, Andrejka Bernatova, stated that the $144 pricing should be viewed as a warning rather than an exception.

“Dated Brent at $144 is not just a price record. It’s the physical market telling you that real barrels are becoming scarce,” she said. “The Strait of Hormuz remains almost entirely blocked. Until those flows are actually moving again, the $144 print is less of a historical anomaly and more of a preview.”

Strait of Hormuz transit falls to a trickle

Approximately one-fifth of the world’s oil and liquefied natural gas shipments typically pass through the Strait of Hormuz, a narrow canal that links the Persian Gulf to the larger ocean.

The strait handled between 120 and 140 vessel transits every day prior to the start of attacks on February 28. That number has fallen dramatically.

According to shipping intelligence firms Kpler and Lloyd’s List Intelligence, only five vessels crossed on Wednesday and seven on Thursday.

More than 600 ships, including 325 tankers, are currently stranded in the Gulf. Even if a ceasefire holds, analysts expect the strait to handle no more than 10 to 15 safe passages per day.

Tensions between the United States and Iran are adding to the uncertainty. Iran has insisted that all vessels passing through must coordinate with its naval forces.

President Donald Trump has said Iran is not holding up its end of the “safe passage” agreement reached in the ceasefire, while Iranian Foreign Minister Abbas Araghchi has countered that the U.S. is the one failing to honor the deal. Further talks aimed at reaching a permanent ceasefire are scheduled to take place in Islamabad.

Countries move to secure alternative supply lines

Faced with an unstable spot market, countries are moving quickly to lock in alternative supply arrangements.

Singapore and Australia said Friday they are working toward a formal, legally binding agreement on energy and critical supplies.

Singapore Prime Minister Lawrence Wong and Australian Prime Minister Anthony Albanese agreed to speed up negotiations covering those sectors.

The two nations have a close energy relationship. Australia supplies more than one-third of Singapore’s LNG, while Singapore provides 26% of Australia’s refined fuel imports.

According to Wong, in order to better control risk and explore longer-term supply agreements, Singapore has combined its gas purchases under a single organization.

Japan is also taking measures to reduce the pressure.

Plans to release more oil from national reserves in May of next year, roughly 20 days’ worth of domestic consumption, were revealed by Prime Minister Sanae Takaichi. Last month, a comparable release was made.

Additionally, Japan is attempting to get oil via routes that completely avoid the Strait of Hormuz. The nation has enough oil on hand to last 230 days as of April 6, with government stocks alone providing 143 days.

Shipping industry leaders still don’t believe the situation will improve soon, even though U.S. Vice President JD Vance says the strait could slowly reopen.

Janiv Shah from Rystad Energy warned that tanker prices will likely stay high and oil supply will remain limited for a while. He added that even if countries make progress in talks, it doesn’t always lead to real, on-the-ground improvements.

Your keys, your card. Spend without giving up custody and earn 8%+ yield on your balance with Ether.fi Cash.
Article
Strive's ASST shares received renewed interest after a recent 'buy' recommendationStrive, Inc. points to a revival for BTC treasury companies. Recently, the ASST common stock received a ‘buy’ rating from TD Cowen analyst Lance Vitanza.  Strive, Inc. (Nasdaq:ASST), one of the leading BTC treasury companies, is pointing to a revival of interest in treasury company stocks. Attention to Strive increased after the latest addition of 113 BTC to its treasury.  The main source of interest was the ASST common stock and its potential for a significant recovery. ASST traded at $10.57, after a recent short-term recovery. The DAT company stock is down from a peak of over $260 in the summer of 2025, when treasury companies got a significant boost and were still a novelty.  Strive, Inc. trades near its one-year lows, but may see a recovery on renewed interest in DAT company stocks. | Source: Google Finance ASST also rallied following a temporary relief for the stock market, while awaiting its own recovery. Strive expects to release its Q1 report on May 15, giving more clarity on the effect of its treasury. Strive seen as capable of a market recovery Despite the long-term drawdown caused by the BTC bear market, ASST is seen as capable of a breakout. Recently, TD Cowen analyst Lance Vitanza gave a cautious ‘buy’ recommendation for ASST, with a price target of $26.  Strive is a Bitcoin playbook company, using raises and preferred stock to build up its treasury. As of April 2026, Strive held 13,741 BTC, with an unknown average price. A recovery of ASST may boost the ability of Strive to add more BTC. Traditionally, Strive uses OTC deals to source BTC, though its fundraising is public.  Another boost to Strive is the recent filing by Fidelity for a large-scale beneficial ownership of ASST shares. In a 13G filing, FMR LLC revealed it expanded its share to 12.1% of the total ASST supply. The high share of ownership may mean trust on the side of Fidelity, which has supported other digital asset projects. Currently, ASST has a relatively low short open interest, so Fidelity’s buying is not seen as a backing for an eventual short position.  The activity and hype around Strive, a top 10 BTC treasury company, may revive the sector and increase interest in ASST shares.  Strive aims to expand the role of SATA Strive has recently attempted to expand the role of its SATA preferred shares. SATA is the second most actively traded preferred stock from a DAT company after Strategy’s STRC.  For now, SATA has only $17M in monthly volumes, but Strive aims for a more predictable price range. SATA is mostly attractive for its 13.03% effective annualized yield.  As Cryptopolitan reported earlier, Strive has improved its balance and retired most of its debt. The company has completed the merger with Semler Scientific and may expand its appeal to investors for both ASST and SATA. There’s a middle ground between leaving money in the bank and rolling the dice in crypto. Start with this free video on decentralized finance.

Strive's ASST shares received renewed interest after a recent 'buy' recommendation

Strive, Inc. points to a revival for BTC treasury companies. Recently, the ASST common stock received a ‘buy’ rating from TD Cowen analyst Lance Vitanza. 

Strive, Inc. (Nasdaq:ASST), one of the leading BTC treasury companies, is pointing to a revival of interest in treasury company stocks. Attention to Strive increased after the latest addition of 113 BTC to its treasury. 

The main source of interest was the ASST common stock and its potential for a significant recovery. ASST traded at $10.57, after a recent short-term recovery. The DAT company stock is down from a peak of over $260 in the summer of 2025, when treasury companies got a significant boost and were still a novelty. 

Strive, Inc. trades near its one-year lows, but may see a recovery on renewed interest in DAT company stocks. | Source: Google Finance

ASST also rallied following a temporary relief for the stock market, while awaiting its own recovery. Strive expects to release its Q1 report on May 15, giving more clarity on the effect of its treasury.

Strive seen as capable of a market recovery

Despite the long-term drawdown caused by the BTC bear market, ASST is seen as capable of a breakout. Recently, TD Cowen analyst Lance Vitanza gave a cautious ‘buy’ recommendation for ASST, with a price target of $26. 

Strive is a Bitcoin playbook company, using raises and preferred stock to build up its treasury. As of April 2026, Strive held 13,741 BTC, with an unknown average price. A recovery of ASST may boost the ability of Strive to add more BTC. Traditionally, Strive uses OTC deals to source BTC, though its fundraising is public. 

Another boost to Strive is the recent filing by Fidelity for a large-scale beneficial ownership of ASST shares. In a 13G filing, FMR LLC revealed it expanded its share to 12.1% of the total ASST supply. The high share of ownership may mean trust on the side of Fidelity, which has supported other digital asset projects. Currently, ASST has a relatively low short open interest, so Fidelity’s buying is not seen as a backing for an eventual short position. 

The activity and hype around Strive, a top 10 BTC treasury company, may revive the sector and increase interest in ASST shares. 

Strive aims to expand the role of SATA

Strive has recently attempted to expand the role of its SATA preferred shares. SATA is the second most actively traded preferred stock from a DAT company after Strategy’s STRC. 

For now, SATA has only $17M in monthly volumes, but Strive aims for a more predictable price range. SATA is mostly attractive for its 13.03% effective annualized yield. 

As Cryptopolitan reported earlier, Strive has improved its balance and retired most of its debt. The company has completed the merger with Semler Scientific and may expand its appeal to investors for both ASST and SATA.

There’s a middle ground between leaving money in the bank and rolling the dice in crypto. Start with this free video on decentralized finance.
WLFI drops over 10% after the team defended a $75 million stablecoin loan dealTrump‑backed WLFI token dropped over 10% after the team defended a $75 million stablecoin loan deal that relied on WLFI as collateral, emptying Dolomite’s lending pool. The move is drawing scrutiny over both the price impact and the ethics of borrowing from a platform tied to its own advisor. The World Liberty Financial team said it supplied 5 billion WLFI tokens, nominally valued at $440 million, as collateral and borrowed stablecoins to act as an anchor borrower on WLFI Markets. It also argued that there is “no liquidation risk” because it would simply supply more collateral. However, the deal left DeFi lending protocol Dolomite potentially exposed to bad debt because any instance of forced liquidation would probably crash WLFI’s thinly traded price. Notably, the executed series of transactions raised questions about circular token economics, concentrated risk to other depositors, and insider access. On-chain records from Arkham and Etherscan show that transactions began on February 8. The company’s treasury deposited nearly $14 million in its USD1 stablecoin, pegged to the US dollar, into Dolomite as collateral to borrow 11.4 million USDC. WLFI token continues to face downside pressure Let's talk about the FUD going around our WLFI Markets lending position. It's wrong. Here's what's actually happening — and why the real story is a lot more interesting. — WLFI (@worldlibertyfi) April 9, 2026 As the situation escalates, the center of the issue is that WLFI is likely to face continued downside pressure unless key resistance levels are reclaimed. However, ongoing distribution, bearish indicators, and negative sentiment show that sellers remain in control. Meanwhile, whether the anchor borrower strategy generates sustainable yield or concentrates system risk in a single insider position also remains another central question for depositors still locked in the pool. The borrowing pushed Dolomite’s USD1 pool utilization above 93%, making timely withdrawals difficult for ordinary depositors. On the other hand, this issue arises alongside separate scrutiny after an investigation found that WLFI had integrated its USD1 stablecoin with a Southeast Asia blockchain project linked to a founder sanctioned by UK and U.S. authorities. The investigations also uncovered that WLFI’s advisor, Corey Caplan, is a co-founder at Dolomite.  Notably, a related-party transaction of this scale in traditional finance typically requires disclosure and independent board approval. However, WLFI has dismissed market concerns about its collateral position in Dolomite as FUD, despite the token losing nearly 17% weekly and up to 16% monthly. WLFI transfers over $40M to Coinbase Prime On-chain data also shows that the WLFI project sent more than $40 million of the $75 million loan directly to Coinbase Prime. The $40 million will typically be used for institutional OTC conversions. However, $15 million was subsequently repaid. Meanwhile, Arkham’s data previously showed that WLFI moved 11.45 million USDC to a deposit address linked to Coinbase Prime. The project further sent another 12.5 million USD1 directly from its treasury to a separate Coinbase Prime deposit address. However, that 12.5 million USD1 was not part of the loan borrowed from Dolomite. That means WLFI sent its own stablecoin straight to a fiat off-ramp. The World Liberty Finance treasury also previously deposited 890 million WLFI tokens into Dolomite and received a loan of 20 million USD1 against it. Another 1.1 billion WLFI followed almost a month later, bringing the total WLFI tokens sitting in Dolomite as collateral to 1.99 billion WLFI tokens. The project’s treasury received approximately 31.4 million in stablecoins from Dolomite across both instances. Activity escalated in April through a different route when the treasury sent 2 billion WLFI to a Gnosis Safe proxy wallet address. It sent an additional 1 billion WLFI five days later.  However, neither transfer went directly to Dolomite, and on-chain data does not yet show where those tokens ended up. As of publication, the 3 billion WLFI tokens are worth approximately $266 million at the current price of $0.08195 per WLFI. The crypto card with no spending limits. Get 3% cashback and instant mobile payments. Claim your Ether.fi card.

WLFI drops over 10% after the team defended a $75 million stablecoin loan deal

Trump‑backed WLFI token dropped over 10% after the team defended a $75 million stablecoin loan deal that relied on WLFI as collateral, emptying Dolomite’s lending pool. The move is drawing scrutiny over both the price impact and the ethics of borrowing from a platform tied to its own advisor.

The World Liberty Financial team said it supplied 5 billion WLFI tokens, nominally valued at $440 million, as collateral and borrowed stablecoins to act as an anchor borrower on WLFI Markets. It also argued that there is “no liquidation risk” because it would simply supply more collateral. However, the deal left DeFi lending protocol Dolomite potentially exposed to bad debt because any instance of forced liquidation would probably crash WLFI’s thinly traded price.

Notably, the executed series of transactions raised questions about circular token economics, concentrated risk to other depositors, and insider access. On-chain records from Arkham and Etherscan show that transactions began on February 8. The company’s treasury deposited nearly $14 million in its USD1 stablecoin, pegged to the US dollar, into Dolomite as collateral to borrow 11.4 million USDC.

WLFI token continues to face downside pressure

Let's talk about the FUD going around our WLFI Markets lending position.
It's wrong. Here's what's actually happening — and why the real story is a lot more interesting.

— WLFI (@worldlibertyfi) April 9, 2026

As the situation escalates, the center of the issue is that WLFI is likely to face continued downside pressure unless key resistance levels are reclaimed. However, ongoing distribution, bearish indicators, and negative sentiment show that sellers remain in control.

Meanwhile, whether the anchor borrower strategy generates sustainable yield or concentrates system risk in a single insider position also remains another central question for depositors still locked in the pool. The borrowing pushed Dolomite’s USD1 pool utilization above 93%, making timely withdrawals difficult for ordinary depositors.

On the other hand, this issue arises alongside separate scrutiny after an investigation found that WLFI had integrated its USD1 stablecoin with a Southeast Asia blockchain project linked to a founder sanctioned by UK and U.S. authorities. The investigations also uncovered that WLFI’s advisor, Corey Caplan, is a co-founder at Dolomite. 

Notably, a related-party transaction of this scale in traditional finance typically requires disclosure and independent board approval. However, WLFI has dismissed market concerns about its collateral position in Dolomite as FUD, despite the token losing nearly 17% weekly and up to 16% monthly.

WLFI transfers over $40M to Coinbase Prime

On-chain data also shows that the WLFI project sent more than $40 million of the $75 million loan directly to Coinbase Prime. The $40 million will typically be used for institutional OTC conversions. However, $15 million was subsequently repaid.

Meanwhile, Arkham’s data previously showed that WLFI moved 11.45 million USDC to a deposit address linked to Coinbase Prime. The project further sent another 12.5 million USD1 directly from its treasury to a separate Coinbase Prime deposit address. However, that 12.5 million USD1 was not part of the loan borrowed from Dolomite. That means WLFI sent its own stablecoin straight to a fiat off-ramp.

The World Liberty Finance treasury also previously deposited 890 million WLFI tokens into Dolomite and received a loan of 20 million USD1 against it. Another 1.1 billion WLFI followed almost a month later, bringing the total WLFI tokens sitting in Dolomite as collateral to 1.99 billion WLFI tokens. The project’s treasury received approximately 31.4 million in stablecoins from Dolomite across both instances.

Activity escalated in April through a different route when the treasury sent 2 billion WLFI to a Gnosis Safe proxy wallet address. It sent an additional 1 billion WLFI five days later. 

However, neither transfer went directly to Dolomite, and on-chain data does not yet show where those tokens ended up. As of publication, the 3 billion WLFI tokens are worth approximately $266 million at the current price of $0.08195 per WLFI.

The crypto card with no spending limits. Get 3% cashback and instant mobile payments. Claim your Ether.fi card.
OpenAI sent investors a memo claiming it has 1.9 gigawatts of computing capacity versus Anthropic...Two AI rivals are fighting over who has more computing muscle as they prepare to sell shares to the public. OpenAI told its investors this week that it has more data center capacity than Anthropic, while Anthropic fired back with news about major deals and fast-growing sales numbers. OpenAI shared a document with investors saying it currently has 1.9 gigawatts of computing capacity for 2025, which is three times what it had last year. The company said Anthropic has 1.4 gigawatts. OpenAI expects to reach somewhere in the low-double-digit gigawatts within twelve months and hit 30 gigawatts by 2030. The company predicted Anthropic would max out between seven and eight gigawatts before 2027 ends. OpenAI’s document, which CNBC wrote about, argued that bigger infrastructure spending creates a cycle where better technology leads to lower costs, which then pays for improvements that bring in more customers. The company also pointed to comments from Anthropic’s chief executive Dario Amodei, who last year said some competitors were “YOLO-ing” while his company took a careful approach. OpenAI suggested that caution was a mistake. Anthropic responded by pointing reporters to statements from its chief financial officer, Krishna Rao, about a deal announced with Google and Broadcom earlier this week. That partnership will give Anthropic roughly 3.5 gigawatts of computing power starting in 2027. Rao said the company is making its biggest computing commitment yet to keep up with growth. CoreWeave agreement adds more capacity On Friday, Anthropic announced another deal with CoreWeave, a cloud infrastructure company, to get more computing capacity later this year. CoreWeave’s stock went up more than 5% before markets opened. The company has signed similar deals recently, including an $11.9 billion agreement with OpenAI last year, a $6.3 billion order with Nvidia in September, and a $21 billion deal with Meta on Thursday. Anthropic also shared that its revenue has jumped to $30 billion per year, up from around $9 billion at the end of 2025. The company said more than 1,000 businesses now spend over $1 million each year on its services, double the 500 it reported in February. The company expects to reach positive cash flow by 2027. Meanwhile, Anthropic has gained ground in business sales, as reported by Cryptopolitan previously. Its share of enterprise spending on artificial intelligence in the United States climbed to 40%, while OpenAI’s dropped from 50% to 27% during the same time. OpenAI has responded by focusing more on business customers and coding tools. OpenAI has bigger plans for spending OpenAI wants to put about $600 billion into chips and data centers through 2030, partly funded by a $122 billion fundraise. The company expects to lose $14 billion in 2026 and won’t break even until 2030. Anthropic committed $50 billion to building computing infrastructure in the United States last November. The company runs its Claude models on different types of chips from Amazon, Google, and Nvidia, making it available on all three major cloud platforms. The timing of OpenAI’s memo may raise questions as both companies prepare to go public. While OpenAI highlighted its larger infrastructure footprint, Anthropic is bringing in more money and spending far less to do it. Public market investors typically favor companies that can show a clear path to making a profit. Anthropic projects it will reach that milestone by 2027, three years ahead of OpenAI’s 2030 target. The memo arrived just as Anthropic reported rapid growth in business customers, suggesting the competition between the two companies is heating up ahead of their stock market debuts. Your bank is using your money. You’re getting the scraps. Watch our free video on becoming your own bank

OpenAI sent investors a memo claiming it has 1.9 gigawatts of computing capacity versus Anthropic...

Two AI rivals are fighting over who has more computing muscle as they prepare to sell shares to the public. OpenAI told its investors this week that it has more data center capacity than Anthropic, while Anthropic fired back with news about major deals and fast-growing sales numbers.

OpenAI shared a document with investors saying it currently has 1.9 gigawatts of computing capacity for 2025, which is three times what it had last year. The company said Anthropic has 1.4 gigawatts. OpenAI expects to reach somewhere in the low-double-digit gigawatts within twelve months and hit 30 gigawatts by 2030. The company predicted Anthropic would max out between seven and eight gigawatts before 2027 ends.

OpenAI’s document, which CNBC wrote about, argued that bigger infrastructure spending creates a cycle where better technology leads to lower costs, which then pays for improvements that bring in more customers.

The company also pointed to comments from Anthropic’s chief executive Dario Amodei, who last year said some competitors were “YOLO-ing” while his company took a careful approach. OpenAI suggested that caution was a mistake.

Anthropic responded by pointing reporters to statements from its chief financial officer, Krishna Rao, about a deal announced with Google and Broadcom earlier this week. That partnership will give Anthropic roughly 3.5 gigawatts of computing power starting in 2027. Rao said the company is making its biggest computing commitment yet to keep up with growth.

CoreWeave agreement adds more capacity

On Friday, Anthropic announced another deal with CoreWeave, a cloud infrastructure company, to get more computing capacity later this year. CoreWeave’s stock went up more than 5% before markets opened. The company has signed similar deals recently, including an $11.9 billion agreement with OpenAI last year, a $6.3 billion order with Nvidia in September, and a $21 billion deal with Meta on Thursday.

Anthropic also shared that its revenue has jumped to $30 billion per year, up from around $9 billion at the end of 2025. The company said more than 1,000 businesses now spend over $1 million each year on its services, double the 500 it reported in February. The company expects to reach positive cash flow by 2027.

Meanwhile, Anthropic has gained ground in business sales, as reported by Cryptopolitan previously. Its share of enterprise spending on artificial intelligence in the United States climbed to 40%, while OpenAI’s dropped from 50% to 27% during the same time. OpenAI has responded by focusing more on business customers and coding tools.

OpenAI has bigger plans for spending

OpenAI wants to put about $600 billion into chips and data centers through 2030, partly funded by a $122 billion fundraise. The company expects to lose $14 billion in 2026 and won’t break even until 2030.

Anthropic committed $50 billion to building computing infrastructure in the United States last November. The company runs its Claude models on different types of chips from Amazon, Google, and Nvidia, making it available on all three major cloud platforms.

The timing of OpenAI’s memo may raise questions as both companies prepare to go public. While OpenAI highlighted its larger infrastructure footprint, Anthropic is bringing in more money and spending far less to do it. Public market investors typically favor companies that can show a clear path to making a profit.

Anthropic projects it will reach that milestone by 2027, three years ahead of OpenAI’s 2030 target. The memo arrived just as Anthropic reported rapid growth in business customers, suggesting the competition between the two companies is heating up ahead of their stock market debuts.

Your bank is using your money. You’re getting the scraps. Watch our free video on becoming your own bank
Article
BitMEX research identifies Amy Jade Winehouse as Satoshi NakamotoToo soon to move on from Adam Back as Satoshi Nakamoto? 17 years later, BitMEX research identified Amy Jade Winehouse as the anonymous creator of Bitcoin. After the New York Times publication, this research appears to be a mockery or a theatre to anyone who has been in the Bitcoin space for a while. Who is Amy Jade Winehouse? Born on September 14, 1983, and died on July 23, 2011, Amy was a British singer, songwriter, and musician known for her powerful contralto voice, raw autobiographical lyrics, and a unique blend of soul, jazz, R&B, and retro influences. In the last couple of years, many people have been publicly speculated upon, accused, or named as possible Satoshis in media reports, documentaries, books, forum discussions, and investigations. What makes Amy Jade Winehouse the one? BitMEX makes it clear, “The case is finally closed. I have removed any lingering doubt in my mind that I have found the right woman.” British enough to be Satoshi Nakamoto? According to BitMEX’s research, their first piece of evidence is a British connection. Per on-chain data, Bitcoin’s first block had an embedded text from a newspaper headline: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.”  The specific headline under discussion was published in the British edition of The Times of London, not its international or web edition, since it mentioned the name of the chancellor, “Alistair Darling.” According to BitMEX, anyone of British origin meets the first criterion to be Satoshi Nakamoto – that’s around 68 million Satoshi’s. Adam Back gets behind BitMEX’s Satoshi joke The second Brit clue is that Amy Jade Winehouse was also a British national living in London, Camden. Her death is of great concern. Three months prior to her death, on 26 April 2011, Satoshi sent the last on-chain communication. I wish you wouldn’t keep talking about me as a mysterious, shadowy figure; the press just turns it into a pirate-currency angle. Satoshi Nakamoto According to the exposee, this explains why Satoshi never spent any of the coins mined in 2009. Amy Jade Winehouse tied to Adam Back According to BitMEX, Amy released her last studio album, “Back to Black,” on 27 October 2006 as a tribute to Adam Back, who developed the Proof of Work concept used in Bitcoin through HashCash. It is also interesting to note that, just slightly less than two years later, Satoshi published the Bitcoin whitepaper, once more referring to Adam Back, just as Amy did in naming her album. It took Satoshi 18 months to develop Bitcoin. This is an exact match for BitMEX, considering that the period elapsed between Amy’s final album and the launch of the Bitcoin White Paper. Satoshi Nakamoto’s 24th email while developing Bitcoin. And then the UK Spectator Magazine ran an article claiming that Satoshi was none other than “Adam Black,” whereas Adam’s last name is actually “Back” and not “Black”. Now, was it a coincidence?  The Spectator Magazine is owned by the billionaire hedge fund manager Sir Paul Marshal of Marshall Wace, who knows his onions. There is simply no way that Sir Paul would allow such a thing to slip into the magazine. Celebrity album timelines have also made it to identifying Satoshi Nakamoto. Mixing “Back” with “Black” so we would think of “Back to Black,” Amy’s final album. BitMEX stands by their Satoshi This is not the first time BitMEX has pinned Amy Winehouse as Satoshi Nakamoto. Their ‘exposee’ comes on the back of many years of satirical data and small clues. Amy Jade Winehouse was a smart Libertarian According to Juliette Ashby, who had been Amy’s lifelong friend since she was four years old, speaking in an interview in 2025, Winehouse was considered to be “highly intelligent.”  Winehouse had used drugs illegally for her enjoyment. In this sense, it would be quite logical to deduce that Winehouse disagreed with laws that prohibited the use of drugs and that she had been violating those laws.  The legalization of drugs is a typical stance for libertarians. Libertarians usually believe that everyone is entitled to do what he or she wants, provided it harms no one else. Satoshi was also a libertarian, and she even knew that the Bitcoin system would appeal to people who had a “libertarian perspective”. To that end, all liberals are marked as Satoshi Nakamoto. In the end, we are all Satoshi. Your bank is using your money. You’re getting the scraps. Watch our free video on becoming your own bank

BitMEX research identifies Amy Jade Winehouse as Satoshi Nakamoto

Too soon to move on from Adam Back as Satoshi Nakamoto? 17 years later, BitMEX research identified Amy Jade Winehouse as the anonymous creator of Bitcoin. After the New York Times publication, this research appears to be a mockery or a theatre to anyone who has been in the Bitcoin space for a while.

Who is Amy Jade Winehouse? Born on September 14, 1983, and died on July 23, 2011, Amy was a British singer, songwriter, and musician known for her powerful contralto voice, raw autobiographical lyrics, and a unique blend of soul, jazz, R&B, and retro influences.

In the last couple of years, many people have been publicly speculated upon, accused, or named as possible Satoshis in media reports, documentaries, books, forum discussions, and investigations. What makes Amy Jade Winehouse the one? BitMEX makes it clear, “The case is finally closed. I have removed any lingering doubt in my mind that I have found the right woman.”

British enough to be Satoshi Nakamoto?

According to BitMEX’s research, their first piece of evidence is a British connection. Per on-chain data, Bitcoin’s first block had an embedded text from a newspaper headline: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” 

The specific headline under discussion was published in the British edition of The Times of London, not its international or web edition, since it mentioned the name of the chancellor, “Alistair Darling.” According to BitMEX, anyone of British origin meets the first criterion to be Satoshi Nakamoto – that’s around 68 million Satoshi’s.

Adam Back gets behind BitMEX’s Satoshi joke

The second Brit clue is that Amy Jade Winehouse was also a British national living in London, Camden. Her death is of great concern. Three months prior to her death, on 26 April 2011, Satoshi sent the last on-chain communication.

I wish you wouldn’t keep talking about me as a mysterious, shadowy figure; the press just turns it into a pirate-currency angle.

Satoshi Nakamoto

According to the exposee, this explains why Satoshi never spent any of the coins mined in 2009.

Amy Jade Winehouse tied to Adam Back

According to BitMEX, Amy released her last studio album, “Back to Black,” on 27 October 2006 as a tribute to Adam Back, who developed the Proof of Work concept used in Bitcoin through HashCash.

It is also interesting to note that, just slightly less than two years later, Satoshi published the Bitcoin whitepaper, once more referring to Adam Back, just as Amy did in naming her album.

It took Satoshi 18 months to develop Bitcoin. This is an exact match for BitMEX, considering that the period elapsed between Amy’s final album and the launch of the Bitcoin White Paper.

Satoshi Nakamoto’s 24th email while developing Bitcoin.

And then the UK Spectator Magazine ran an article claiming that Satoshi was none other than “Adam Black,” whereas Adam’s last name is actually “Back” and not “Black”. Now, was it a coincidence? 

The Spectator Magazine is owned by the billionaire hedge fund manager Sir Paul Marshal of Marshall Wace, who knows his onions. There is simply no way that Sir Paul would allow such a thing to slip into the magazine.

Celebrity album timelines have also made it to identifying Satoshi Nakamoto. Mixing “Back” with “Black” so we would think of “Back to Black,” Amy’s final album.

BitMEX stands by their Satoshi

This is not the first time BitMEX has pinned Amy Winehouse as Satoshi Nakamoto. Their ‘exposee’ comes on the back of many years of satirical data and small clues.

Amy Jade Winehouse was a smart Libertarian

According to Juliette Ashby, who had been Amy’s lifelong friend since she was four years old, speaking in an interview in 2025, Winehouse was considered to be “highly intelligent.” 

Winehouse had used drugs illegally for her enjoyment. In this sense, it would be quite logical to deduce that Winehouse disagreed with laws that prohibited the use of drugs and that she had been violating those laws. 

The legalization of drugs is a typical stance for libertarians. Libertarians usually believe that everyone is entitled to do what he or she wants, provided it harms no one else.

Satoshi was also a libertarian, and she even knew that the Bitcoin system would appeal to people who had a “libertarian perspective”. To that end, all liberals are marked as Satoshi Nakamoto. In the end, we are all Satoshi.

Your bank is using your money. You’re getting the scraps. Watch our free video on becoming your own bank
Article
BitMEX research identifies Amy Jade Winehouse as Satoshi NakamotoToo soon to move on from Adam Back as Satoshi Nakamoto? 17 years later, BitMEX research identified Amy Jade Winehouse as the anonymous creator of Bitcoin. After the New York Times publication, this research appears to be a mockery or a theatre to anyone who has been in the Bitcoin space for a while. Who is Amy Jade Winehouse? Born on September 14, 1983, and died on July 23, 2011, Amy was a British singer, songwriter, and musician known for her powerful contralto voice, raw autobiographical lyrics, and a unique blend of soul, jazz, R&B, and retro influences. In the last couple of years, many people have been publicly speculated upon, accused, or named as possible Satoshis in media reports, documentaries, books, forum discussions, and investigations. What makes Amy Jade Winehouse the one? BitMEX makes it clear, “The case is finally closed. I have removed any lingering doubt in my mind that I have found the right woman.” British enough to be Satoshi Nakamoto? According to BitMEX’s research, their first piece of evidence is a British connection. Per on-chain data, Bitcoin’s first block had an embedded text from a newspaper headline: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.”  The specific headline under discussion was published in the British edition of The Times of London, not its international or web edition, since it mentioned the name of the chancellor, “Alistair Darling.” According to BitMEX, anyone of British origin meets the first criterion to be Satoshi Nakamoto – that’s around 68 million Satoshi’s. Adam Back gets behind BitMEX’s Satoshi joke The second Brit clue is that Amy Jade Winehouse was also a British national living in London, Camden. Her death is of great concern. Three months prior to her death, on 26 April 2011, Satoshi sent the last on-chain communication. I wish you wouldn’t keep talking about me as a mysterious, shadowy figure; the press just turns it into a pirate-currency angle. Satoshi Nakamoto According to the exposee, this explains why Satoshi never spent any of the coins mined in 2009. Amy Jade Winehouse tied to Adam Back According to BitMEX, Amy released her last studio album, “Back to Black,” on 27 October 2006 as a tribute to Adam Back, who developed the Proof of Work concept used in Bitcoin through HashCash. It is also interesting to note that, just slightly less than two years later, Satoshi published the Bitcoin whitepaper, once more referring to Adam Back, just as Amy did in naming her album. It took Satoshi 18 months to develop Bitcoin. This is an exact match for BitMEX, considering that the period elapsed between Amy’s final album and the launch of the Bitcoin White Paper. Satoshi Nakamoto’s 24th email while developing Bitcoin. And then the UK Spectator Magazine ran an article claiming that Satoshi was none other than “Adam Black,” whereas Adam’s last name is actually “Back” and not “Black”. Now, was it a coincidence?  The Spectator Magazine is owned by the billionaire hedge fund manager Sir Paul Marshal of Marshall Wace, who knows his onions. There is simply no way that Sir Paul would allow such a thing to slip into the magazine. Celebrity album timelines have also made it to identifying Satoshi Nakamoto. Mixing “Back” with “Black” so we would think of “Back to Black,” Amy’s final album. BitMEX stands by their Satoshi This is not the first time BitMEX has pinned Amy Winehouse as Satoshi Nakamoto. Their ‘exposee’ comes on the back of many years of satirical data and small clues. Amy Jade Winehouse was a smart Libertarian According to Juliette Ashby, who had been Amy’s lifelong friend since she was four years old, speaking in an interview in 2025, Winehouse was considered to be “highly intelligent.”  Winehouse had used drugs illegally for her enjoyment. In this sense, it would be quite logical to deduce that Winehouse disagreed with laws that prohibited the use of drugs and that she had been violating those laws.  The legalization of drugs is a typical stance for libertarians. Libertarians usually believe that everyone is entitled to do what he or she wants, provided it harms no one else. Satoshi was also a libertarian, and she even knew that the Bitcoin system would appeal to people who had a “libertarian perspective”. To that end, all liberals are marked as Satoshi Nakamoto. In the end, we are all Satoshi. The smartest crypto minds already read our newsletter. Want in? Join them.

BitMEX research identifies Amy Jade Winehouse as Satoshi Nakamoto

Too soon to move on from Adam Back as Satoshi Nakamoto? 17 years later, BitMEX research identified Amy Jade Winehouse as the anonymous creator of Bitcoin. After the New York Times publication, this research appears to be a mockery or a theatre to anyone who has been in the Bitcoin space for a while.

Who is Amy Jade Winehouse? Born on September 14, 1983, and died on July 23, 2011, Amy was a British singer, songwriter, and musician known for her powerful contralto voice, raw autobiographical lyrics, and a unique blend of soul, jazz, R&B, and retro influences.

In the last couple of years, many people have been publicly speculated upon, accused, or named as possible Satoshis in media reports, documentaries, books, forum discussions, and investigations. What makes Amy Jade Winehouse the one? BitMEX makes it clear, “The case is finally closed. I have removed any lingering doubt in my mind that I have found the right woman.”

British enough to be Satoshi Nakamoto?

According to BitMEX’s research, their first piece of evidence is a British connection. Per on-chain data, Bitcoin’s first block had an embedded text from a newspaper headline: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” 

The specific headline under discussion was published in the British edition of The Times of London, not its international or web edition, since it mentioned the name of the chancellor, “Alistair Darling.” According to BitMEX, anyone of British origin meets the first criterion to be Satoshi Nakamoto – that’s around 68 million Satoshi’s.

Adam Back gets behind BitMEX’s Satoshi joke

The second Brit clue is that Amy Jade Winehouse was also a British national living in London, Camden. Her death is of great concern. Three months prior to her death, on 26 April 2011, Satoshi sent the last on-chain communication.

I wish you wouldn’t keep talking about me as a mysterious, shadowy figure; the press just turns it into a pirate-currency angle.

Satoshi Nakamoto

According to the exposee, this explains why Satoshi never spent any of the coins mined in 2009.

Amy Jade Winehouse tied to Adam Back

According to BitMEX, Amy released her last studio album, “Back to Black,” on 27 October 2006 as a tribute to Adam Back, who developed the Proof of Work concept used in Bitcoin through HashCash.

It is also interesting to note that, just slightly less than two years later, Satoshi published the Bitcoin whitepaper, once more referring to Adam Back, just as Amy did in naming her album.

It took Satoshi 18 months to develop Bitcoin. This is an exact match for BitMEX, considering that the period elapsed between Amy’s final album and the launch of the Bitcoin White Paper.

Satoshi Nakamoto’s 24th email while developing Bitcoin.

And then the UK Spectator Magazine ran an article claiming that Satoshi was none other than “Adam Black,” whereas Adam’s last name is actually “Back” and not “Black”. Now, was it a coincidence? 

The Spectator Magazine is owned by the billionaire hedge fund manager Sir Paul Marshal of Marshall Wace, who knows his onions. There is simply no way that Sir Paul would allow such a thing to slip into the magazine.

Celebrity album timelines have also made it to identifying Satoshi Nakamoto. Mixing “Back” with “Black” so we would think of “Back to Black,” Amy’s final album.

BitMEX stands by their Satoshi

This is not the first time BitMEX has pinned Amy Winehouse as Satoshi Nakamoto. Their ‘exposee’ comes on the back of many years of satirical data and small clues.

Amy Jade Winehouse was a smart Libertarian

According to Juliette Ashby, who had been Amy’s lifelong friend since she was four years old, speaking in an interview in 2025, Winehouse was considered to be “highly intelligent.” 

Winehouse had used drugs illegally for her enjoyment. In this sense, it would be quite logical to deduce that Winehouse disagreed with laws that prohibited the use of drugs and that she had been violating those laws. 

The legalization of drugs is a typical stance for libertarians. Libertarians usually believe that everyone is entitled to do what he or she wants, provided it harms no one else.

Satoshi was also a libertarian, and she even knew that the Bitcoin system would appeal to people who had a “libertarian perspective”. To that end, all liberals are marked as Satoshi Nakamoto. In the end, we are all Satoshi.

The smartest crypto minds already read our newsletter. Want in? Join them.
Matterhorn, ASI Alliance target bug-free smart contract future in Web3 vibecoding launchMatterhorn will introduce a new vibecoding tool for Web3, in partnership with the AI infrastructure project ASI Alliance. Matterhorn also aims to increase security and avoid smart contract mistakes.  Matterhorn, the producer of an integrated development environment (IDE) for vibecoding, will partner with ASI Alliance, a group of top AI infrastructure projects like SingularityNET, Fetch.ai, and CUDOS. The announcement arrived just as Fetch.ai prepares to join the SoCal Startup Week, a hub of AI development ideas.  Coming up: @Fetch_ai Innovation Lab x SoCal Startup Week 🚀 Join our https://t.co/qzg3riI6Y0 Innovation Lab team, @AnthropicAI and thousands of builders during SoCal Startup Week for the @claudeai Hackathon + @nexussocal Horizons Conference 🔥 All powered by the futuristic… pic.twitter.com/rLTNLXL7rh — Fetch.ai Innovation Lab (@fetch_ai_IL) April 9, 2026 The main goal of Matterhorn is to bring safe vibecoding with additional safety for on-chain environments. As vibecoding spread, the software built through natural language prompts became mainstream.  In the Web3 space, however, AI-generated smart contract code carries real financial risk, with few viable protection tools.  Matterhorn and the ASI Alliance are building infrastructure to allow vibecoding while bridging the security gap. Developers can build and ship dApps, with built-in audits, using a fully decentralized stack.  Web3 already hosts vibecoded projects Generating dApps with prompts is widespread, with Matterhorn estimating that dozens of tools are available. The downside is the need for protection and audits that come after the app is produced.  Additionally, there aren’t many AI platforms that specialize in generating viable smart contract code. This is where Matterhorn comes with specialization, DePIN infrastructure, and launching apps in the environment of ASI Alliance.  Matterhorn will enable Vibe-Audit, its proprietary system with custom-trained AI models and a human-in-the-loop review. The project will offer pre-vetted app templates and additional specialized guardrails. The Web3 vibecoding possibilities will use the MeTTa native programming language of the ASI chain.  “We’re at the beginning of a world where dApps become ‘just Apps’, commonplace like the websites and apps we use today,” said Abhinav, Founder of Matterhorn.  “Every other tool in this space is racing to ship code faster. We think that’s the wrong race. The builders who build dApps that handle real money and real users need a platform they can trust, and this partnership is how we build it.” Khellar Crawford of SingularityNET added that Web3 would always be open to AI in the end as the ultimate power user. He believes in the AGI-era software stack, integrating the security, ownership and transparency of on-chain activity, with the added convenience of consumer-grade functions.  “In this world, payment APIs like Stripe sit next to smart contracts, explicit reasoning systems, decentralized compute, and agentic workflows. On ASI:Chain via Matterhorn, with AGI inference as a first-class citizen, we’re opening the floodgates to building applications that are fundamentally more intelligent, more composable, and more sovereign,” said Crawford. Matterhorn targets 20,000 builders by year’s end Matterhorn has set the goal of 20,000 builders onboarded by the end of 2026. The project’s roadmap includes a fine-tuning pipeline based on real developer usage data, built into the models of the ASI Alliance. This will allow for more specialized blockchain development over time.  The end goal is to build a unified environment to build and audit apps using the existing DePIN infrastructure.  The integration is already live on ASI Chain devnet for testing. Matterhorn expects 1 million model calls and 500 active compute instances in the first quarter. The smartest crypto minds already read our newsletter. Want in? Join them.

Matterhorn, ASI Alliance target bug-free smart contract future in Web3 vibecoding launch

Matterhorn will introduce a new vibecoding tool for Web3, in partnership with the AI infrastructure project ASI Alliance. Matterhorn also aims to increase security and avoid smart contract mistakes. 

Matterhorn, the producer of an integrated development environment (IDE) for vibecoding, will partner with ASI Alliance, a group of top AI infrastructure projects like SingularityNET, Fetch.ai, and CUDOS. The announcement arrived just as Fetch.ai prepares to join the SoCal Startup Week, a hub of AI development ideas. 

Coming up: @Fetch_ai Innovation Lab x SoCal Startup Week 🚀

Join our https://t.co/qzg3riI6Y0 Innovation Lab team, @AnthropicAI and thousands of builders during SoCal Startup Week for the @claudeai Hackathon + @nexussocal Horizons Conference 🔥

All powered by the futuristic… pic.twitter.com/rLTNLXL7rh

— Fetch.ai Innovation Lab (@fetch_ai_IL) April 9, 2026

The main goal of Matterhorn is to bring safe vibecoding with additional safety for on-chain environments. As vibecoding spread, the software built through natural language prompts became mainstream. 

In the Web3 space, however, AI-generated smart contract code carries real financial risk, with few viable protection tools. 

Matterhorn and the ASI Alliance are building infrastructure to allow vibecoding while bridging the security gap. Developers can build and ship dApps, with built-in audits, using a fully decentralized stack. 

Web3 already hosts vibecoded projects

Generating dApps with prompts is widespread, with Matterhorn estimating that dozens of tools are available. The downside is the need for protection and audits that come after the app is produced. 

Additionally, there aren’t many AI platforms that specialize in generating viable smart contract code. This is where Matterhorn comes with specialization, DePIN infrastructure, and launching apps in the environment of ASI Alliance. 

Matterhorn will enable Vibe-Audit, its proprietary system with custom-trained AI models and a human-in-the-loop review. The project will offer pre-vetted app templates and additional specialized guardrails. The Web3 vibecoding possibilities will use the MeTTa native programming language of the ASI chain. 

“We’re at the beginning of a world where dApps become ‘just Apps’, commonplace like the websites and apps we use today,” said Abhinav, Founder of Matterhorn. 

“Every other tool in this space is racing to ship code faster. We think that’s the wrong race. The builders who build dApps that handle real money and real users need a platform they can trust, and this partnership is how we build it.”

Khellar Crawford of SingularityNET added that Web3 would always be open to AI in the end as the ultimate power user. He believes in the AGI-era software stack, integrating the security, ownership and transparency of on-chain activity, with the added convenience of consumer-grade functions. 

“In this world, payment APIs like Stripe sit next to smart contracts, explicit reasoning systems, decentralized compute, and agentic workflows. On ASI:Chain via Matterhorn, with AGI inference as a first-class citizen, we’re opening the floodgates to building applications that are fundamentally more intelligent, more composable, and more sovereign,” said Crawford.

Matterhorn targets 20,000 builders by year’s end

Matterhorn has set the goal of 20,000 builders onboarded by the end of 2026. The project’s roadmap includes a fine-tuning pipeline based on real developer usage data, built into the models of the ASI Alliance. This will allow for more specialized blockchain development over time. 

The end goal is to build a unified environment to build and audit apps using the existing DePIN infrastructure. 

The integration is already live on ASI Chain devnet for testing. Matterhorn expects 1 million model calls and 500 active compute instances in the first quarter.

The smartest crypto minds already read our newsletter. Want in? Join them.
Article
Ripple CTO David Schwartz: Satoshi Nakamoto's $70B Bitcoin fortune likely lost foreverInvestigative journalists, investors, historians, crypto supporters, and critics have not rested the issue of who Satoshi Nakamoto truly is. Currently, many scholars have taken on the task of discrediting the notion that longtime cypherpunk Adam Back is the anonymous creator of Bitcoin following an eye-opening New York Times report. While they are at that, Ripple Chief Technology Officer David “JoelKatz” Schwartz is focused on Satoshi’s private keys. JoelKatz believes that the keys to Satoshi Nakamoto’s $70 billion Bitcoin fortune are lost forever. Are Satoshi Nakamoto’s private keys lost? According to Ripple CTO Emeritus, accessing those early holdings may no longer be possible. To this date, crypto’s greatest mystery remains unsolved. The latest conversation began after a recent article written by the well-known investigative journalist John Carreyrou. After an 18-month investigation, Carreyrou pointed to a 55-year-old computer scientist as Satoshi Nakamoto. As of now, Satoshi’s Genesis wallets are estimated to hold around 1.1 million Bitcoins. This is over over 5% of the total 21 million supply. Bitcoin fanatics argue that Adam Back’s current financial status does not match that of a crypto billionaire. Political commentator Josh Barro argues his financial status is probably due to lost private keys. “What if he is Satoshi Nakamoto but also lost the keys?” This argument caught the interest of David Schwartz. He says, “It does seem likely that whoever Satoshi Nakamoto is or was, nobody alive today has access to the keys.” David Schwartz was once thought to be Nakamoto. However, although the claim could very well be true owing to Schwartz’s expertise in the field, it is ultimately false. Speaking to an X user, Schwartz revealed that he only came across Bitcoin in 2011. JoelKatz argues that almost all that Satoshi did is within his capabilities. As reported by Cryptopolitan, Adam Back has since refuted those claims. In an X reply, Adam states, “I’m not Satoshi, but I was early in laser focus on the positive societal implications of cryptography, online privacy and electronic cash.” Adam Back believes that Satoshi Nakamoto’s anonymity is of great benefit to Bitcoin.” According to him, Bitcoin should continue to be viewed as an asset class. Mt. Gox’s ex-CEO calls on the crypto community to protect Satoshi Mark Karpelès, the former CEO of Mt. Gox, has expressed that there is a responsibility on the part of the community to safeguard the anonymity of Satoshi Nakamoto. Mt. Gox ex-CEO asks crypto community to defend Satoshi. Source: @magicaltux via X/Twitter One user challenges this responsibility. “‘Satoshi chose to stay hidden’ assumes that Satoshi is one person who made one choice. What if the reality is messier than that? You call it ‘duty.’ You might as well call it: narrative management in service of a trillion-dollar ecosystem.”  Karpelès asserts that Bitcoin’s worth depends on Satoshi Nakamoto remaining a secret. “A mysterious Satoshi Nakamoto is the perfect entity,” he explained. There’s a middle ground between leaving money in the bank and rolling the dice in crypto. Start with this free video on decentralized finance.

Ripple CTO David Schwartz: Satoshi Nakamoto's $70B Bitcoin fortune likely lost forever

Investigative journalists, investors, historians, crypto supporters, and critics have not rested the issue of who Satoshi Nakamoto truly is. Currently, many scholars have taken on the task of discrediting the notion that longtime cypherpunk Adam Back is the anonymous creator of Bitcoin following an eye-opening New York Times report.

While they are at that, Ripple Chief Technology Officer David “JoelKatz” Schwartz is focused on Satoshi’s private keys. JoelKatz believes that the keys to Satoshi Nakamoto’s $70 billion Bitcoin fortune are lost forever.

Are Satoshi Nakamoto’s private keys lost?

According to Ripple CTO Emeritus, accessing those early holdings may no longer be possible. To this date, crypto’s greatest mystery remains unsolved.

The latest conversation began after a recent article written by the well-known investigative journalist John Carreyrou. After an 18-month investigation, Carreyrou pointed to a 55-year-old computer scientist as Satoshi Nakamoto.

As of now, Satoshi’s Genesis wallets are estimated to hold around 1.1 million Bitcoins. This is over over 5% of the total 21 million supply. Bitcoin fanatics argue that Adam Back’s current financial status does not match that of a crypto billionaire.

Political commentator Josh Barro argues his financial status is probably due to lost private keys. “What if he is Satoshi Nakamoto but also lost the keys?”

This argument caught the interest of David Schwartz. He says, “It does seem likely that whoever Satoshi Nakamoto is or was, nobody alive today has access to the keys.”

David Schwartz was once thought to be Nakamoto. However, although the claim could very well be true owing to Schwartz’s expertise in the field, it is ultimately false. Speaking to an X user, Schwartz revealed that he only came across Bitcoin in 2011. JoelKatz argues that almost all that Satoshi did is within his capabilities.

As reported by Cryptopolitan, Adam Back has since refuted those claims. In an X reply, Adam states, “I’m not Satoshi, but I was early in laser focus on the positive societal implications of cryptography, online privacy and electronic cash.”

Adam Back believes that Satoshi Nakamoto’s anonymity is of great benefit to Bitcoin.” According to him, Bitcoin should continue to be viewed as an asset class.

Mt. Gox’s ex-CEO calls on the crypto community to protect Satoshi

Mark Karpelès, the former CEO of Mt. Gox, has expressed that there is a responsibility on the part of the community to safeguard the anonymity of Satoshi Nakamoto.

Mt. Gox ex-CEO asks crypto community to defend Satoshi. Source: @magicaltux via X/Twitter

One user challenges this responsibility. “‘Satoshi chose to stay hidden’ assumes that Satoshi is one person who made one choice. What if the reality is messier than that? You call it ‘duty.’ You might as well call it: narrative management in service of a trillion-dollar ecosystem.” 

Karpelès asserts that Bitcoin’s worth depends on Satoshi Nakamoto remaining a secret. “A mysterious Satoshi Nakamoto is the perfect entity,” he explained.

There’s a middle ground between leaving money in the bank and rolling the dice in crypto. Start with this free video on decentralized finance.
Japan advances bills to classify crypto as 'financial products,' lower tax ratesJapan’s cabinet has approved a bill to amend the Financial Instruments and Exchange Act to classify crypto as “financial products” to protect investors. The country has also introduced new tax rules for crypto to replace the previous progressive system, under which taxes reached 55%, and set a flat 20% rate on profits. According to the new amendments, the recognition of crypto as a financial asset at a cabinet meeting on April 10 is only the tip of the iceberg. The new act also applies insider trading controls that already apply to stocks to crypto transactions. Japan is looking to regulate crypto assets as financial instruments to prohibit insider trading based on non-public information. The Japanese government will require crypto issuers to disclose information at least once a year to create a healthy market environment. The bill is expected to be implemented in fiscal year 2027 if it is passed during the current Diet session.  Finance minister says bill will ensure fairness and protect investors Satsuki Katayama, Japan’s Finance Minister, emphasized that the country will boost the supply of growth capital to counter the effects of ever-evolving financial and capital markets. The bill, which reclassifies nearly 105 crypto assets, is also set to ensure markets remain fair and transparent, protecting investors. Meanwhile, investor protection will include increasing the prison sentence from 3 years to up to 10 years to strengthen penalties. More stringent penalties, such as raising fines from the current 3 million yen to up to 10 million yen, further demonstrate Japan’s strong commitment to protecting investors. “We will expand the supply of growth capital in response to changes in financial and capital markets, and ensure fairness and transparency in the market and investor protection.” –Satsuki Katayama, Finance Minister of Japan To achieve these objectives, the Financial Services Agency (FSA), which previously regulated crypto under the Payment Services Act, will shift regulation to the Financial Instruments and Exchange Act. Registered businesses will also be collectively renamed from the previous “crypto asset exchange businesses” to “crypto asset trading businesses.” FSA shifts crypto policy to allow banks to hold digital assets The FSA is shifting its crypto policy by submitting an amendment to the Financial Instruments and Exchange Act, allowing local banks and other institutions to hold crypto for investment purposes. The move will effectively integrate crypto into the country’s financial system. Japan was already the first major economy to regulate crypto post-Mt. Gox, and this move takes it a step further. The bill will shift the legal framing of crypto assets from digital payment tools to investible financial instruments.  Meanwhile, the use of crypto assets for investment purposes has increased in Japan, representing a significant strengthening of regulations. The country’s over 12 million verified crypto users and $34 billion in assets under local custody now have a real runway to grow with these institutional-grade rules in place. On the other hand, Japan signaled in January that it was bringing crypto under the same umbrella as traditional finance, when Katayama said that the role of exchanges and market infrastructure will be essential to ensure that citizens benefit from crypto assets. The country also plans to legalize crypto ETFs by 2028, marking a significant shift toward mainstream crypto adoption. Local media reported that major financial groups in Japan, including SBI Holdings and Nomura Holdings, are among the first companies to develop crypto-linked exchange-traded products (ETPs). The country is moving crypto out of the experimental payments category and into the same league as its stock market by reclassifying crypto assets, marking a major step toward domestic mainstream institutional adoption.  Additionally, Katayama highlights 2026 as a pivotal year for bringing crypto under traditional financial regulation. She adds that the framework under the proposed bill prioritizes the use of Japan’s established digital asset infrastructure. The bill fits into a wider overhaul, according to the Japanese finance minister. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free.

Japan advances bills to classify crypto as 'financial products,' lower tax rates

Japan’s cabinet has approved a bill to amend the Financial Instruments and Exchange Act to classify crypto as “financial products” to protect investors. The country has also introduced new tax rules for crypto to replace the previous progressive system, under which taxes reached 55%, and set a flat 20% rate on profits.

According to the new amendments, the recognition of crypto as a financial asset at a cabinet meeting on April 10 is only the tip of the iceberg. The new act also applies insider trading controls that already apply to stocks to crypto transactions.

Japan is looking to regulate crypto assets as financial instruments to prohibit insider trading based on non-public information.

The Japanese government will require crypto issuers to disclose information at least once a year to create a healthy market environment. The bill is expected to be implemented in fiscal year 2027 if it is passed during the current Diet session. 

Finance minister says bill will ensure fairness and protect investors

Satsuki Katayama, Japan’s Finance Minister, emphasized that the country will boost the supply of growth capital to counter the effects of ever-evolving financial and capital markets. The bill, which reclassifies nearly 105 crypto assets, is also set to ensure markets remain fair and transparent, protecting investors.

Meanwhile, investor protection will include increasing the prison sentence from 3 years to up to 10 years to strengthen penalties. More stringent penalties, such as raising fines from the current 3 million yen to up to 10 million yen, further demonstrate Japan’s strong commitment to protecting investors.

“We will expand the supply of growth capital in response to changes in financial and capital markets, and ensure fairness and transparency in the market and investor protection.”

–Satsuki Katayama, Finance Minister of Japan

To achieve these objectives, the Financial Services Agency (FSA), which previously regulated crypto under the Payment Services Act, will shift regulation to the Financial Instruments and Exchange Act. Registered businesses will also be collectively renamed from the previous “crypto asset exchange businesses” to “crypto asset trading businesses.”

FSA shifts crypto policy to allow banks to hold digital assets

The FSA is shifting its crypto policy by submitting an amendment to the Financial Instruments and Exchange Act, allowing local banks and other institutions to hold crypto for investment purposes. The move will effectively integrate crypto into the country’s financial system.

Japan was already the first major economy to regulate crypto post-Mt. Gox, and this move takes it a step further. The bill will shift the legal framing of crypto assets from digital payment tools to investible financial instruments. 

Meanwhile, the use of crypto assets for investment purposes has increased in Japan, representing a significant strengthening of regulations. The country’s over 12 million verified crypto users and $34 billion in assets under local custody now have a real runway to grow with these institutional-grade rules in place.

On the other hand, Japan signaled in January that it was bringing crypto under the same umbrella as traditional finance, when Katayama said that the role of exchanges and market infrastructure will be essential to ensure that citizens benefit from crypto assets. The country also plans to legalize crypto ETFs by 2028, marking a significant shift toward mainstream crypto adoption.

Local media reported that major financial groups in Japan, including SBI Holdings and Nomura Holdings, are among the first companies to develop crypto-linked exchange-traded products (ETPs).

The country is moving crypto out of the experimental payments category and into the same league as its stock market by reclassifying crypto assets, marking a major step toward domestic mainstream institutional adoption. 

Additionally, Katayama highlights 2026 as a pivotal year for bringing crypto under traditional financial regulation. She adds that the framework under the proposed bill prioritizes the use of Japan’s established digital asset infrastructure. The bill fits into a wider overhaul, according to the Japanese finance minister.

Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free.
Article
March CPI Is Forecast at 3.7% as the Iran War Hits Consumers: Morgan Stanley and Strategy Are Buy...The March CPI report drops today at 8:30 AM Eastern Time (ET) and the number markets are bracing for is 3.7% year-over-year, up from 2.4% in February. A 130 basis-point jump would mean that this would mark the biggest monthly rise in years caused almost entirely by the conflict in Iran and the resultant oil shock filtering into gas prices, transportation and food costs. The February print was already a relic of the pre-war economy by the time it was published. This one won’t be. The oil shock is about to be printed in the data. The Fed already saw it coming. As reported by Yahoo Finance, it raised its inflation forecast from 2.4% to 2.7% at the March meeting and seven of 19 FOMC participants are pencilling in zero rate cuts this year.  Despite the macro narrative highlighting one of the most hostile inflation backdrops since the pandemic, institutional behaviour is telling a completely different story. Morgan Stanley has rolled out the first bank issued Bitcoin Spot ETF with the lowest fee in the market and drew in $34 million on day one while the broader BTC spot ETF market has seen total net inflows this week of over $545 million. At the same time, Strategy continues to accumulate Bitcoin at a relentless pace, adding another 4,871 BTC to its balance sheet.   What the March CPI Shows: the Iran War’s Inflation Tax Arrives Economists have been bracing for this print for weeks. FactSet’s median estimate for March CPI sits at 3.4% YoY, while the broader FactSet consensus puts the number at 3.7% on an annual basis, with headline inflation rising 0.93% month-over-month, the biggest single month jump in years. Meanwhile the Cleveland Fed’s Inflation Nowcasting model is in the lower bound of the range and has it at 3.16%. As Morningstar reported, this CPI report is going to be the first real data set to reflect the surge in energy prices from the Iran war. Oil has shot up from around $70 before the war began to over $110. An over 70% rise that wasn’t limited to the pump. It moved into jet fuel, shipping costs, food transportation and eventually, the price of almost everything that gets trucked, railed or shipped across the country.   The Fed saw this coming and still could not get ahead of it. At the March 18 meeting, policymakers raised their 2026 inflation projections from 2.4% to 2.7%, a 30 basis point jump making the steepest single year upward revision in recent cycles, with core inflation revised up to the same level. The dot plot still shows one cut later this year, but seven of 19 FOMC participants now see zero cuts this year, and the longer-run neutral rate estimate edged higher.  If March CPI lands at or above 3.7%, the Fed’s forecast will already be obsolete on the day it prints. That’s before tariff passthrough, the San Francisco Fed has flagged that tariff-driven price pressures are expected to peak in Q2 2026, meaning the energy inflation from the war is now stacking directly on top of an already building cost base.  Morgan Stanley Just Bet on Bitcoin With a Bank-Issued ETF and It’s Not Alone Just as the worst inflation print since the pandemic is expected to drop, Morgan Stanley, one of the largest banks in the world managing roughly $8 trillion in assets, launched the first bank-issued spot Bitcoin ETF. MSBT drew in $34 million in day one with over 1.6 million shares traded, and Bloomberg ETF analyst Eric Balchunas placed the debut in the top 1% of all ETF launches as reported by Fortune.  At the same, the largest corporate bitcoin treasury company, Strategy, added another $330 million on BTC. The reason we are seeing this divergence isn’t actually a contradiction but more to do with timeframe. CPI is a backward-looking, monthly data point. Institutional moves like ETF launches and platform integrations are multi-year capital allocation decisions that are designed to outlive any single inflation cycle. Trading day is half over and $MSBT is at $27m in volume so it's def going to clear my $30m estimate. Prob end up around $50m, which is huge, Top 1% of ETF launches, only two I can recall that were in this range in past year are $BSOL, $XRPC and $DRAM (all around $60m) pic.twitter.com/RylAwtAVz9 — Eric Balchunas (@EricBalchunas) April 8, 2026 The Divergence: Why Institutions Don’t Flinch at 3.7% CPI There’s precedent for this exact setup. In June 2022, when inflation peaked at 9.1% and macro conditions looked outright hostile, BlackRock moved forward with its initial Bitcoin ETF push, an infrastructure bet that has since scaled into one of the largest funds in the market. Today’s environment rhymes.  For traders, the March CPI matters immediately: a hotter-than-expected print reinforces rate hike risk and short-term pressure on BTC, while a softer number opens the door for relief rallies. But for institutions, the calculus is different. The regulatory backdrop is structurally improving, access points are expanding, and capital rails are being built out regardless of monthly volatility. Both views are rational, they’re just operating on entirely different clocks.  What to Watch: CPI Market Reaction, Islamabad Talks, and the ETF Race The first number to watch today is the CPI print at 8:30 AM ET. BTC’s reaction in the two hours that follow will set the short-term tone. A reading above 3.7% likely pushes bitcoin toward the $69K support level as rate hike odds spike and any ceasefire-driven oil relief gets treated as temporary. A reading below 3.4% and this opens up the door to a retest of $72K and potentially the $73 to 75K range.  The second number to watch is oil, and that one hinges on Islamabad. VP Vance leads the US delegation into talks today alongside Steve Witkoff and Jared Kushner, with Iran’s Parliament Speaker Mohammad Baqer Ghalibaf and Foreign Minister Abbas Araghchi leading the Iranian side, the highest-level meeting between Washington and Tehran since the 1979 Islamic Revolution.  Markets have already shown how delicate the setup is and how the price of oil has been reacting to every piece of news filtering in. If talks produce a credible framework, easing supply constraints, inflation expectations could cool and risk assets benefit. If they stall, oil likely rebounds and reinforces the inflation spike narrative. At the same time, watch the Strait of Hormuz, still operating far below normal capacity after one of the largest supply disruptions in history, as any increase in vessel traffic would signal de-escalation. Layered on top is the ETF race: early MSBT inflows will indicate whether Morgan Stanley’s distribution engine is activating, especially given its fee advantage. Finally, all roads lead to the April 28–29 FOMC meeting, where this CPI print will shape the tone. If inflation confirms the spike, expect the Fed’s posture to harden further, potentially shifting the conversation from “higher for longer” to simply “higher.” Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free.

March CPI Is Forecast at 3.7% as the Iran War Hits Consumers: Morgan Stanley and Strategy Are Buy...

The March CPI report drops today at 8:30 AM Eastern Time (ET) and the number markets are bracing for is 3.7% year-over-year, up from 2.4% in February. A 130 basis-point jump would mean that this would mark the biggest monthly rise in years caused almost entirely by the conflict in Iran and the resultant oil shock filtering into gas prices, transportation and food costs. The February print was already a relic of the pre-war economy by the time it was published. This one won’t be. The oil shock is about to be printed in the data. The Fed already saw it coming. As reported by Yahoo Finance, it raised its inflation forecast from 2.4% to 2.7% at the March meeting and seven of 19 FOMC participants are pencilling in zero rate cuts this year. 

Despite the macro narrative highlighting one of the most hostile inflation backdrops since the pandemic, institutional behaviour is telling a completely different story. Morgan Stanley has rolled out the first bank issued Bitcoin Spot ETF with the lowest fee in the market and drew in $34 million on day one while the broader BTC spot ETF market has seen total net inflows this week of over $545 million. At the same time, Strategy continues to accumulate Bitcoin at a relentless pace, adding another 4,871 BTC to its balance sheet.  

What the March CPI Shows: the Iran War’s Inflation Tax Arrives

Economists have been bracing for this print for weeks. FactSet’s median estimate for March CPI sits at 3.4% YoY, while the broader FactSet consensus puts the number at 3.7% on an annual basis, with headline inflation rising 0.93% month-over-month, the biggest single month jump in years. Meanwhile the Cleveland Fed’s Inflation Nowcasting model is in the lower bound of the range and has it at 3.16%. As Morningstar reported, this CPI report is going to be the first real data set to reflect the surge in energy prices from the Iran war. Oil has shot up from around $70 before the war began to over $110. An over 70% rise that wasn’t limited to the pump. It moved into jet fuel, shipping costs, food transportation and eventually, the price of almost everything that gets trucked, railed or shipped across the country.  

The Fed saw this coming and still could not get ahead of it. At the March 18 meeting, policymakers raised their 2026 inflation projections from 2.4% to 2.7%, a 30 basis point jump making the steepest single year upward revision in recent cycles, with core inflation revised up to the same level. The dot plot still shows one cut later this year, but seven of 19 FOMC participants now see zero cuts this year, and the longer-run neutral rate estimate edged higher. 

If March CPI lands at or above 3.7%, the Fed’s forecast will already be obsolete on the day it prints. That’s before tariff passthrough, the San Francisco Fed has flagged that tariff-driven price pressures are expected to peak in Q2 2026, meaning the energy inflation from the war is now stacking directly on top of an already building cost base. 

Morgan Stanley Just Bet on Bitcoin With a Bank-Issued ETF and It’s Not Alone

Just as the worst inflation print since the pandemic is expected to drop, Morgan Stanley, one of the largest banks in the world managing roughly $8 trillion in assets, launched the first bank-issued spot Bitcoin ETF. MSBT drew in $34 million in day one with over 1.6 million shares traded, and Bloomberg ETF analyst Eric Balchunas placed the debut in the top 1% of all ETF launches as reported by Fortune.  At the same, the largest corporate bitcoin treasury company, Strategy, added another $330 million on BTC. The reason we are seeing this divergence isn’t actually a contradiction but more to do with timeframe. CPI is a backward-looking, monthly data point. Institutional moves like ETF launches and platform integrations are multi-year capital allocation decisions that are designed to outlive any single inflation cycle.

Trading day is half over and $MSBT is at $27m in volume so it's def going to clear my $30m estimate. Prob end up around $50m, which is huge, Top 1% of ETF launches, only two I can recall that were in this range in past year are $BSOL, $XRPC and $DRAM (all around $60m) pic.twitter.com/RylAwtAVz9

— Eric Balchunas (@EricBalchunas) April 8, 2026

The Divergence: Why Institutions Don’t Flinch at 3.7% CPI

There’s precedent for this exact setup. In June 2022, when inflation peaked at 9.1% and macro conditions looked outright hostile, BlackRock moved forward with its initial Bitcoin ETF push, an infrastructure bet that has since scaled into one of the largest funds in the market. Today’s environment rhymes. 

For traders, the March CPI matters immediately: a hotter-than-expected print reinforces rate hike risk and short-term pressure on BTC, while a softer number opens the door for relief rallies. But for institutions, the calculus is different. The regulatory backdrop is structurally improving, access points are expanding, and capital rails are being built out regardless of monthly volatility. Both views are rational, they’re just operating on entirely different clocks. 

What to Watch: CPI Market Reaction, Islamabad Talks, and the ETF Race

The first number to watch today is the CPI print at 8:30 AM ET. BTC’s reaction in the two hours that follow will set the short-term tone. A reading above 3.7% likely pushes bitcoin toward the $69K support level as rate hike odds spike and any ceasefire-driven oil relief gets treated as temporary. A reading below 3.4% and this opens up the door to a retest of $72K and potentially the $73 to 75K range. 

The second number to watch is oil, and that one hinges on Islamabad. VP Vance leads the US delegation into talks today alongside Steve Witkoff and Jared Kushner, with Iran’s Parliament Speaker Mohammad Baqer Ghalibaf and Foreign Minister Abbas Araghchi leading the Iranian side, the highest-level meeting between Washington and Tehran since the 1979 Islamic Revolution. 

Markets have already shown how delicate the setup is and how the price of oil has been reacting to every piece of news filtering in. If talks produce a credible framework, easing supply constraints, inflation expectations could cool and risk assets benefit. If they stall, oil likely rebounds and reinforces the inflation spike narrative. At the same time, watch the Strait of Hormuz, still operating far below normal capacity after one of the largest supply disruptions in history, as any increase in vessel traffic would signal de-escalation. Layered on top is the ETF race: early MSBT inflows will indicate whether Morgan Stanley’s distribution engine is activating, especially given its fee advantage. Finally, all roads lead to the April 28–29 FOMC meeting, where this CPI print will shape the tone. If inflation confirms the spike, expect the Fed’s posture to harden further, potentially shifting the conversation from “higher for longer” to simply “higher.”

Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free.
Russians won’t be allowed to trade crypto for cash under new proposalsCryptocurrency exchange in Russia will be carried out only through non-cash transactions, according to a high-ranking executive of its monetary authority. This will strengthen controls over financial flows involving digital assets, the official emphasized while clarifying various aspects of the upcoming regulations. Russians will not be allowed to sell crypto for paper rubles Cashing out Bitcoin for banknotes won’t be an option for Russian citizens under their country’s new regulatory framework for cryptocurrencies. This was made clear by Vladimir Chistyukhin, First Deputy Chairman of the Central Bank of Russia (CBR), who answered questions about the legislation set to be adopted this spring. In a broad interview for RBC Radio, the banker said the ban on trading coins for cash is needed to strengthen control over financial flows involving decentralized digital money. The measure will prevent dubious transactions, Chistyukhin further insisted, also quoted by the leading Russian crypto news outlet Bits.media. Converting crypto into cash “won’t work in Russia,” he emphasized, noting that all fiat payments will be cashless, just like with securities trading. The restriction will be introduced as part of a package of draft laws recently submitted to the State Duma, the lower house of Russian parliament. The legislative set includes the bill on “On Digital Currency and Digital Rights,” which is designed to comprehensively regulate crypto-related activities. The legal document was developed jointly by the CBR and the Ministry of Finance. It aims to build the domestic Russian crypto infrastructure, including exchanges and depositories. This and the other laws must be passed and enforced by July 1, 2026, as part of a broader effort to bring more of Russia’s economy out of the shadows. According to official estimates, the daily crypto transactions of Russian residents reach 50 billion rubles (over $600 million), and Moscow wants to make them legal and visible. Illegal crypto exchange services will be ‘severely punished’ The upcoming rules will introduce a licensing regime for participants in Russia’s regulated crypto market. Chistyukhin promised the requirements will not be difficult to meet. “In my opinion, this is a very simple license, and I think all participants who want to obtain it will receive it,” he noted, while acknowledging the process will entail additional costs. A transitional period will give existing crypto platforms time to legalize their activities, and those who fail to do so will be forced out of business. “All companies that conduct transactions in violation of or without a license will be severely punished.” These platforms will initially work with the most liquid currencies, such as Bitcoin (BTC), Ethereum (ETH) and Tether (USDT), but the central bank will be able to expand the list of approved assets. Digital depositories, exclusively Russian entities registered with the central bank, will maintain records of clients’ rights to cryptocurrencies and other digital assets. Cryptocurrency payments to remain prohibited in Russia Financial authorities intend to permit most cryptocurrency transactions, except payments, Vladimir Chistyukhin also indicated, stating: “It’s obvious that cryptocurrencies cannot be used as a means of payment.” Despite restrictions causing criticism that Moscow is dropping an iron curtain on the crypto market, it will still be possible to send coins abroad or repatriate them. The key condition is to make the transfer between custodial wallets on both ends, the CBR official explained. Depositing from a custodial to a non-custodial wallet will not be permitted. Russian citizens will be able to legally keep all cryptocurrency they currently hold, regardless of the type of wallet, Chistyukhin assured. The only requirement is to notify the Federal Tax Service, he noted. Asked whether the Bank of Russia intends to add digital assets to its reserves, the deputy governor said the authority is not currently considering this option. “But the world is changing so rapidly that perhaps in the future, cryptocurrencies will become such a highly liquid instrument, low in volatility … that this issue will also be on the agenda,” he commented. The smartest crypto minds already read our newsletter. Want in? Join them.

Russians won’t be allowed to trade crypto for cash under new proposals

Cryptocurrency exchange in Russia will be carried out only through non-cash transactions, according to a high-ranking executive of its monetary authority.

This will strengthen controls over financial flows involving digital assets, the official emphasized while clarifying various aspects of the upcoming regulations.

Russians will not be allowed to sell crypto for paper rubles

Cashing out Bitcoin for banknotes won’t be an option for Russian citizens under their country’s new regulatory framework for cryptocurrencies.

This was made clear by Vladimir Chistyukhin, First Deputy Chairman of the Central Bank of Russia (CBR), who answered questions about the legislation set to be adopted this spring.

In a broad interview for RBC Radio, the banker said the ban on trading coins for cash is needed to strengthen control over financial flows involving decentralized digital money.

The measure will prevent dubious transactions, Chistyukhin further insisted, also quoted by the leading Russian crypto news outlet Bits.media.

Converting crypto into cash “won’t work in Russia,” he emphasized, noting that all fiat payments will be cashless, just like with securities trading.

The restriction will be introduced as part of a package of draft laws recently submitted to the State Duma, the lower house of Russian parliament.

The legislative set includes the bill on “On Digital Currency and Digital Rights,” which is designed to comprehensively regulate crypto-related activities.

The legal document was developed jointly by the CBR and the Ministry of Finance. It aims to build the domestic Russian crypto infrastructure, including exchanges and depositories.

This and the other laws must be passed and enforced by July 1, 2026, as part of a broader effort to bring more of Russia’s economy out of the shadows.

According to official estimates, the daily crypto transactions of Russian residents reach 50 billion rubles (over $600 million), and Moscow wants to make them legal and visible.

Illegal crypto exchange services will be ‘severely punished’

The upcoming rules will introduce a licensing regime for participants in Russia’s regulated crypto market. Chistyukhin promised the requirements will not be difficult to meet.

“In my opinion, this is a very simple license, and I think all participants who want to obtain it will receive it,” he noted, while acknowledging the process will entail additional costs.

A transitional period will give existing crypto platforms time to legalize their activities, and those who fail to do so will be forced out of business.

“All companies that conduct transactions in violation of or without a license will be severely punished.”

These platforms will initially work with the most liquid currencies, such as Bitcoin (BTC), Ethereum (ETH) and Tether (USDT), but the central bank will be able to expand the list of approved assets.

Digital depositories, exclusively Russian entities registered with the central bank, will maintain records of clients’ rights to cryptocurrencies and other digital assets.

Cryptocurrency payments to remain prohibited in Russia

Financial authorities intend to permit most cryptocurrency transactions, except payments, Vladimir Chistyukhin also indicated, stating:

“It’s obvious that cryptocurrencies cannot be used as a means of payment.”

Despite restrictions causing criticism that Moscow is dropping an iron curtain on the crypto market, it will still be possible to send coins abroad or repatriate them.

The key condition is to make the transfer between custodial wallets on both ends, the CBR official explained. Depositing from a custodial to a non-custodial wallet will not be permitted.

Russian citizens will be able to legally keep all cryptocurrency they currently hold, regardless of the type of wallet, Chistyukhin assured. The only requirement is to notify the Federal Tax Service, he noted.

Asked whether the Bank of Russia intends to add digital assets to its reserves, the deputy governor said the authority is not currently considering this option.

“But the world is changing so rapidly that perhaps in the future, cryptocurrencies will become such a highly liquid instrument, low in volatility … that this issue will also be on the agenda,” he commented.

The smartest crypto minds already read our newsletter. Want in? Join them.
Article
Bittensor’s TAO plunges as key subnet exits projectBittensor’s TAO token crashed by over 20% as the project lost one of its busiest subnets. The Templar subnet team has announced it will abandon its position with Bittensor.  Bittensor lost Templar, its busiest subnet, losing a substantial part of its liquidity. Following the news, the TAO native token lost over 20% to $264.05, down from recent local highs above $340. At the peak, the loss extended to 27%, a significant crash for one of the few remaining tokenized projects in the green. Bittensor’s TAO crashed after the Covenant AI founder sold 37,000 tokens, leading to an additional $9M in long liquidations. | Source: CoinGecko. TAO was one of the surviving narrative tokens, still preserving some of its gains from the 2024-2025 bull market. The project was also supported by investor interest, and TAO still has a relatively high mindshare of 0.8% on social media. Will Bittensor survive the loss of a major subnet? The TAO crash arrived after the Covenant AI project announced it would leave Bittensor, and several of Covenant’s subnets stopped receiving reward emissions.  The Templar subnet also sold 37,000 TAO, enough to affect the market. The sale also translated into losses for anyone who invested and locked TAO into the Grail, Basilica, and Templar subnets. The 37,000 TAO tokens originated from the wallet of Sam Dare, Covenant’s co-founder. Covenant AI came up with a statement explaining its position and claimed Bittensor was not truly decentralized.  “When a single actor can suspend a subnet’s emissions, override an owner’s authority over their own community spaces, publicly deprecate projects without process, and use token sales as a coercive mechanism to compel compliance, that is not decentralization. It is centralized control with decentralized branding,” stated Covenant AI on X. Covenant claimed the Bittensor team suspended emissions on its subnets, froze its community channels, and destroyed its subnet infrastructure.  According to Covenant AI, Bittensor was also not decentralized, and the co-founder had full control of the multisig wallet controlling the project. Bittensor stated it would survive and expand with other subnets not headed by a specific project. According to Steeves, the event will lead to subnets running as true commodities.  This will prove to birth the first subnets on Bittensor that run headless and as true commodities. — const (@const_reborn) April 10, 2026 The Covenant AI project was significant, but according to Bittensor, it was running subnets mostly for emission rewards. The rift between Bittensor and Covenant AI may have lasting implications and split the community. For some, Bittensor will survive without Covenant, while others still seek true decentralization.  TAO crash leads to liquidations In the short term, the TAO price swing caused additional liquidations in the past 24 hours. Over $9.44M in long positions were liquidated, with a total of $11.36M in liquidations for the past 24 hours.  TAO is 53.13% unlocked and will continue with new emissions over the next few years. This is the main reason investors are staking and flocking to subnets for extra rewards. TAO is also a highly liquid token with a Binance listing, allowing for the sale of some of the rewards.  The coming days will reveal whether TAO will keep crashing or it will be seen as a buying opportunity. As Cryptopolitan reported earlier, TAO is one of the tokens included in a Grayscele ETP, exposing the asset to external investors.  Your bank is using your money. You’re getting the scraps. Watch our free video on becoming your own bank

Bittensor’s TAO plunges as key subnet exits project

Bittensor’s TAO token crashed by over 20% as the project lost one of its busiest subnets. The Templar subnet team has announced it will abandon its position with Bittensor. 

Bittensor lost Templar, its busiest subnet, losing a substantial part of its liquidity. Following the news, the TAO native token lost over 20% to $264.05, down from recent local highs above $340. At the peak, the loss extended to 27%, a significant crash for one of the few remaining tokenized projects in the green.

Bittensor’s TAO crashed after the Covenant AI founder sold 37,000 tokens, leading to an additional $9M in long liquidations. | Source: CoinGecko.

TAO was one of the surviving narrative tokens, still preserving some of its gains from the 2024-2025 bull market. The project was also supported by investor interest, and TAO still has a relatively high mindshare of 0.8% on social media.

Will Bittensor survive the loss of a major subnet?

The TAO crash arrived after the Covenant AI project announced it would leave Bittensor, and several of Covenant’s subnets stopped receiving reward emissions. 

The Templar subnet also sold 37,000 TAO, enough to affect the market. The sale also translated into losses for anyone who invested and locked TAO into the Grail, Basilica, and Templar subnets. The 37,000 TAO tokens originated from the wallet of Sam Dare, Covenant’s co-founder.

Covenant AI came up with a statement explaining its position and claimed Bittensor was not truly decentralized. 

“When a single actor can suspend a subnet’s emissions, override an owner’s authority over their own community spaces, publicly deprecate projects without process, and use token sales as a coercive mechanism to compel compliance, that is not decentralization. It is centralized control with decentralized branding,” stated Covenant AI on X.

Covenant claimed the Bittensor team suspended emissions on its subnets, froze its community channels, and destroyed its subnet infrastructure. 

According to Covenant AI, Bittensor was also not decentralized, and the co-founder had full control of the multisig wallet controlling the project.

Bittensor stated it would survive and expand with other subnets not headed by a specific project. According to Steeves, the event will lead to subnets running as true commodities. 

This will prove to birth the first subnets on Bittensor that run headless and as true commodities.

— const (@const_reborn) April 10, 2026

The Covenant AI project was significant, but according to Bittensor, it was running subnets mostly for emission rewards. The rift between Bittensor and Covenant AI may have lasting implications and split the community. For some, Bittensor will survive without Covenant, while others still seek true decentralization. 

TAO crash leads to liquidations

In the short term, the TAO price swing caused additional liquidations in the past 24 hours. Over $9.44M in long positions were liquidated, with a total of $11.36M in liquidations for the past 24 hours. 

TAO is 53.13% unlocked and will continue with new emissions over the next few years. This is the main reason investors are staking and flocking to subnets for extra rewards. TAO is also a highly liquid token with a Binance listing, allowing for the sale of some of the rewards. 

The coming days will reveal whether TAO will keep crashing or it will be seen as a buying opportunity. As Cryptopolitan reported earlier, TAO is one of the tokens included in a Grayscele ETP, exposing the asset to external investors. 

Your bank is using your money. You’re getting the scraps. Watch our free video on becoming your own bank
A további tartalmak felfedezéséhez jelentkezz be
Csatlakozz a világ kriptofelhasználóihoz a Binance Square-en
⚡️ Szerezz friss és hasznos információkat a kriptóról.
💬 A világ legnagyobb kriptotőzsdéje által megbízhatónak tartott.
👍 Fedezd fel ellenőrzött alkotók valódi meglátásait.
E-mail-cím/telefonszám
Oldaltérkép
Egyéni sütibeállítások
Platform szerződési feltételek