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The venture capital firm a16z supports the U.S. Commodity Futures Trading Commission (CFTC) and opposes a series of crackdowns by various states on prediction markets. On Friday, a16z submitted an 18-page comment letter to the CFTC, stating that the actions taken by state regulators against prediction market platforms—including cease-and-desist orders and proposed bans—are creating "serious barriers to fair access" for users.In just the past month, the CFTC has filed a series of lawsuits against Illinois, Arizona, Connecticut, New York, and Wisconsin, claiming that these states are attempting to regulate markets overseen by the federal government, which exceeds their jurisdiction. a16z argues that requiring trading platforms to block U.S. users based on their state of residence conflicts with the CFTC's rules on fair market access. The company wrote, "Being forced to deny fair access to users from states seeking to license or ban certain event contracts could severely compress available liquidity."CFTC Chairman Mike Selig asserts that the event contracts of prediction markets fall under swap contracts, placing them within the CFTC's "exclusive jurisdiction." State regulators and state attorneys general counter that platforms like Kalshi and Polymarket offer unlicensed gambling products. a16z also discussed the utility provided by what it calls prediction markets, stating that their pricing mechanism is a "unique form of price discovery" that helps "reveal the probabilities of uncertain events." The company further argues that blockchain-based prediction markets are more transparent than traditional platforms, claiming that "the auditability of on-chain transactions" makes it easier for participants and regulators to oversee.In April, the prediction markets Polymarket and Kalshi surpassed a cumulative trading volume of $15 billion.

Andreessen Horowitz (a16z) stated in a letter to the CFTC that state regulations on prediction markets are creating "barriers to fair access" and may weaken market liquidity.a16z pointed out that requiring platforms to restrict user access by state will affect market uniformity and conflict with the federal principle of fair access. At the same time, frequent bans and enforcement actions may also compress overall trading depth. The agency emphasized that prediction markets play an important role in information discovery and probability pricing, supporting unified federal regulation. The CFTC, on the other hand, insists that the relevant contracts fall under its exclusive regulatory scope.

Bitget, through the Blockchain4Her program, continues to promote the popularization of Web3 women's education and community building in emerging markets such as the Philippines. This program focuses on providing a systematic blockchain knowledge framework for women and youth, helping them participate in the long-term development of Web3 with a solid understanding and gain more substantial opportunities within the industry.To achieve this goal, Blockchain4Her has supported several grassroots initiatives led by local female advocates. These include: transforming blockchain technology into practical development opportunities for underdeveloped communities; developing exclusive learning materials titled "Young Learners' Encyclopedia" for youth; and building a learning community focused on risk control and trading discipline. These initiatives not only help local beginners avoid misinformation and establish a rational understanding of Web3 but also align closely with Bitget's partnership with UNICEF in promoting digital skills and blockchain education globally.Bitget CEO and Blockchain4Her founder Gracy Chen stated, "Our original intention is to provide a more equal and open environment for women to explore Web3. Seeing more and more outstanding women engaging in community building shows us how true industry inclusivity takes root and flourishes from the grassroots."

The blockchain infrastructure company Paxos, regulated by multiple countries, announced that its Crypto Brokerage platform officially supports BONK. With Paxos' compliance licenses in the US OCC, Finland FIN-FSA, Singapore MAS, and other regions, its partners (including traditional financial institutions) will be able to provide users with secure and compliant BONK trading and custody services.Paxos pointed out that BONK has nearly 1 million holders and over 400 integrations in the Solana ecosystem, with an active community base. This move marks BONK's transition from a community-based meme coin to mainstream financial channels. Currently, over 500 million users worldwide can purchase BONK through major retail trading platforms and exchanges, relying on the same compliant regulatory platform trusted by institutions like PayPal, Mastercard, and Venmo.

UPBIT will launch the deposit service for MegaETH (MEGA) on April 30, 2024, at 19:00, and trading support will begin on the same day at 20:00. The supported trading pairs include KRW, BTC, and USDT. Users are advised to use the MegaETH network for deposits.

According to Coinglass data, despite the recent downward trend of Bitcoin, as April is coming to an end, the monthly return of Bitcoin is expected to set a record for the highest single-month return in nearly 12 months. Currently, the Bitcoin return stands at 13.84%, slightly above the historical average return of 13.12%, and higher than the historical median return of 10.05%.In addition, the current Ethereum return is 10.97%, below the historical average return of 19.16%.

OKX Wallet officially integrated with the Pharos mainnet on April 29, 2026. Users can now manage Pharos assets and interact with DApps within the wallet. At the same time, the Pharos × OKX Wallet exclusive airdrop event is ongoing, and users can participate in claiming it within the standalone OKX Wallet app.

According to Bitcoin Magazine, former PayPal president and Lightspark CEO David Marcus announced the launch of a new type of Bitcoin wallet that supports AI agents to purchase BTC and conduct fund transfers.

According to market news, the Japanese cryptocurrency exchange platform Bitbank has launched a cryptocurrency-linked credit card that allows users to pay bills directly using the assets in their exchange accounts, including settling with Bitcoin.This credit card also offers a 0.5% cryptocurrency cashback on monthly spending. The product is launched by Bitbank and aims to use the cryptocurrency assets held by the exchange for everyday payment scenarios.

Since the new system was launched by the Korean National Tax Service in July 2025, 33.9 billion won in unpaid taxes has been recovered through cross-border tax cooperation over the past nine months, accounting for most of the total amount recovered cross-border since 2015.Reports indicate that starting next year, South Korea will receive virtual asset transaction data from 56 countries based on a new cryptocurrency reporting framework, and plans to exchange information on overseas real estate holdings and transactions starting in 2030.

According to Jinshi News, Asian stock markets are expected to perform weakly when they open on Tuesday, as investors turn their attention to the earnings reports of U.S. tech giants with a total market capitalization of nearly $16 trillion. Walter Todd, president and chief investment officer of Greenwood Capital Associates, stated that the U.S. stock market has rebounded to historical highs, seemingly ignoring the ongoing geopolitical risks, mainly due to upward revisions in earnings expectations and improved market sentiment. He warned that any cracks in optimistic expectations could pose significant risks to market trends.

UPBIT will open trading for Perle (PRL) on April 27, 2025, at 17:30, supporting KRW, BTC, and USDT markets. Users can deposit within 1 hour and 30 minutes after the announcement is released. Please pay attention to subsequent announcements for specific trading times.

UPBIT will launch trading for Onyxcoin (XCN) on April 27, 2025, at 16:00, supporting KRW and USDT markets. Users can make deposits 1 hour and 30 minutes after the announcement is released, and trading support will open at the specified time.

Blockchain Capital partner Spencer Bogart posted on X platform that the total transaction volume of Kalshi and Polymarket is nearly equal, both around $12 billion (the former at $12.29 billion and the latter at $12.22 billion). Excluding sports-related transactions, Polymarket's non-sports category transaction volume is $7.5 billion, while Kalshi is only $1.6 billion.Despite the positioning differences between the two in the prediction market, it is strange that they are still classified in the same category.

Bitcoin developer Paul Sztorc announced the official launch of the Bitcoin hard fork network eCash, allowing BTC holders to exchange BTC for eCash at a 1:1 ratio after the hard fork goes live.It is reported that the Layer1 node software of this network will be an "almost replica" of the Bitcoin Core client, continuing to use the SHA-256 hashing algorithm and lowering the initial mining difficulty to attract more miners to participate. Meanwhile, eCash will also be equipped with seven Layer2 scaling networks called "drivechains" to enhance transaction throughput and support optional on-chain privacy features. Paul Sztorc stated that eCash is different from Bitcoin Cash in 2017, no longer using the "Bitcoin" name, and claims it is a long-term solution to Bitcoin's scalability and privacy issues. However, the proposal to manually reallocate a portion of Satoshi Nakamoto's approximately 1.1 million BTC to early investors has sparked strong controversy in the community, with some Bitcoin supporters criticizing the move as "theft" and a violation of Bitcoin principles.

Bitget announced a strategic partnership with the crypto data intelligence platform Market Prophit to jointly launch an AI-driven social trading tool. This feature is based on Market Prophit's AI engine, which performs real-time scans of vast data on platform X and combines it with the historical market prediction performance of relevant accounts to provide a comprehensive score, helping users more efficiently identify high-quality trading signals and execute strategies directly on the platform.The tool supports a two-way trading mechanism, allowing users to automatically follow high-quality social trading accounts or to take reverse positions on accounts with significant long-term prediction deviations. By transforming unstructured social media sentiment into systematic, executable trading strategies, it further enhances the complete decision-making chain from information capture and signal filtering to one-click trading.Igor Gonta, CEO of Market Prophit, stated that price fluctuations in the crypto market are often highly correlated with social media sentiment. This collaboration aims to convert complex and dispersed market sentiment into quantifiable, tradable standardized indicators, providing users with more systematic trading references to help them capture a wider range of strategic opportunities in a volatile market.

According to Iranian media Fars News: Reports about Iran collecting tolls for the Strait of Hormuz in cryptocurrency are inaccurate.