News linked to both this project and an event.
Polymarket staff member Shantikiran Chanal posted on platform X, stating that they have taken note of the security reports related to reward distribution, and that user funds and market settlements remain safe. The investigation indicates that a private key leak occurred in a wallet used for internal operations, and the issue is not related to contracts or core infrastructure. Further updates will be provided.Previous report: ZachXBT stated that the Polymarket UMA CTF Adapter contract allegedly came under attack on Polygon, with over $520,000 having been drained.
Odaily reports, In a recent video interview with Cointelegraph, Gate Founder and CEO Dr. Han stated that the crypto industry is transitioning from a primarily speculation-driven market towards a phase focused on infrastructure development and real-world applications. Dr. Han pointed out that stablecoins, RWA, AI, and asset tokenization are becoming core directions for the industry, and that clearer regulatory frameworks (such as the CLARITY Act) are expected to further drive innovation in DeFi, payments, and on-chain finance.Dr. Han also mentioned that high user entry barriers, security risks, and liquidity fragmentation remain significant challenges facing the industry. In the future, the crypto industry will further integrate with traditional finance, playing a more important role in areas such as payments, settlement, and the circulation of digital assets.Gate continues to deepen its multi-asset and TradFi strategy. In addition to expanding into assets such as stocks, metals, forex, indices, and commodities, it has also launched Pre-IPOs with the first project, SpaceX (SPCX). At the same time, as one of the first CEX platforms to integrate Polymarket, Gate is continuously promoting the development of the prediction market ecosystem, accelerating the construction of a comprehensive trading platform that spans crypto and traditional finance.
David Sacks stated in a post that tomorrow's consideration of the Digital Asset Market Clarity Act (CLARITY Act) is an important step towards making the United States the "global crypto capital" and maintaining its leadership in innovation.David Sacks expressed gratitude to Senate Banking Committee Chairman Tim Scott and the relevant committee for driving the compromise and advancement of the bill, while also thanking White House Crypto Czar Patrick Witt and the crypto industry for their support.He noted that currently, approximately 50 million people in the U.S. hold or use cryptocurrency, and this bill will help ensure continued innovation and development of the American crypto ecosystem for years to come.
According to Cointelegraph, the Government of Bermuda has announced plans to migrate certain payment and financial services activities onto the Stellar network as part of its initiative to build a “fully on-chain national economy.” Bermuda’s Premier, David Burt, stated that, following a completed risk assessment, the government may accept and invest in digital assets, and advance the migration of select financial services onto the blockchain to address high transaction fees. Premier Burt previously revealed that the Bermuda government has established partnerships with Circle and Coinbase. Since enacting the Digital Asset Business Act in 2018, Bermuda has consistently advanced a regulatory framework friendly to the cryptocurrency industry.
Polish Sejm Speaker Włodzimierz Czarzasty announced the parliament has officially begun deliberations on four competing bills for crypto asset regulation, following President Karol Nawrocki's two vetoes of related legislation. The review involves legislative proposals from the government, the Presidential Office, the Poland 2050 party, and the Confederation party, with the second reading vote expected on Thursday. Key disagreements center on the scope of the Polish Financial Supervision Authority's (KNF) power to freeze accounts and the maximum penalties for violations. The president's draft sets a maximum fine of approximately 20 million zloty (about $5.5 million), while the Treasury's version raises it to 25 million zloty (about $6.9 million).Meanwhile, the opposition Law and Justice party (PiS), after withdrawing support for an earlier regulatory proposal, submitted a separate bill on Monday advocating for a complete ban on crypto asset-related activities in Poland, further complicating the regulatory debate. Speaker Czarzasty stated that the PiS ban draft will enter the deliberation process only after the four main regulatory bills are completed, and questioned the links between crypto industry funds and political activities, specifically naming potential political funders including zondacrypto. (The Block)
Odaily Odaily, the Stellar Development Foundation and the Government of Bermuda have jointly announced that Bermuda will migrate key payment and financial services to the Stellar network, officially advancing the construction of a "fully on-chain national economy." The initiative is based on Bermuda's 2018 Digital Asset Business Act regulatory framework and aims to significantly reduce the 3%-5% (or even higher) payment processing costs currently borne by local merchants.According to the plan, Bermuda residents will soon be able to receive wages, pay for goods and services, settle government fees, and hold digital assets through digital wallets on the Stellar network. The government will pilot stablecoin payments, financial institutions will be able to access tokenized instruments, and related assets will also be used for government disbursements such as social service payments.
: Galaxy Research Head of Research Alex Thorn stated that the U.S. Senate Banking Committee has released the first updated complete draft of the CLARITY Act since January. The new draft features significant adjustments in several key chapters, including:A substantial rewrite of Chapter I concerning definitions and the scope of the U.S. Securities and Exchange Commission (SEC) authority; the addition of Section 109 on insider trading; an update in Chapter II changing "common control" to "coordinated control"; a rewrite of Section 301 to further clarify the regulatory boundary between DeFi and CeFi; an update to Section 404 incorporating the compromise proposal from Tillis and Alsobrooks; adjustments to Section 505 narrowing the scope of SEC authority limitations in the tokenization field; and a restructuring of the bankruptcy and insolvency framework in Sections 701 and 702. Additionally, Section 904 is a new addition, namely the "Build Now Act."Alex Thorn also noted that the developer protection provisions in the Blockchain Regulatory Certainty Act, found in Section 604, remain largely intact with only minor modifications, without weakening their core protections.
Odaily Coinbase CEO Brian Armstrong plans to meet with U.S. Republican senators this Wednesday, on the eve of a key committee vote on the CLARITY Act scheduled for Thursday by the Senate Banking Committee.Reports indicate the latest draft of the bill exceeds 300 pages, covering mechanisms for stablecoin reward programs, DeFi protection clauses, and federal regulatory standards for digital assets. Previously, Coinbase had withdrawn its support for the bill due to restrictions on stablecoin yield and DeFi protections. However, after revisions driven by Senators Thom Tillis and Angela Alsobrooks, Armstrong has recently softened his stance, stating the industry "didn't get everything it wanted, but the core demands were preserved."Currently, U.S. banking organizations continue to lobby for tighter stablecoin provisions, while some Democratic lawmakers are demanding the inclusion of conflict-of-interest clauses to restrict government officials from engaging in crypto-related business. Market participants are closely watching the outcome of this week's committee deliberations, which could determine whether the first comprehensive U.S. crypto regulatory framework can advance toward enactment by the end of 2026. (FinanceFeeds)
Odaily Planet Daily reported that Galaxy Digital stated that 7 Democratic senators on the U.S. Senate Banking Committee may play a crucial role in advancing the CLARITY Act. The bill will enter committee review this Thursday; if it passes, it will be submitted for a full vote in the Senate.Galaxy listed Ruben Gallego and Angela Alsobrooks as "pro-crypto framework" senators, and considers Mark Warner, Catherine Cortez Masto, Andy Kim, and Raphael Warnock as "negotiable," potentially supporting the bill after the inclusion of additional anti-money laundering and risk control provisions.The report noted that the Senate Banking Committee has 24 members, consisting of 13 Republicans and 11 Democrats. The bill needs at least a majority of support to proceed to the next stage. Coinbase's policy head previously stated that the CLARITY Act ultimately needs at least 60 votes and bipartisan support to become law. (Cointelegraph)
Alex Thorn (@intangiblecoins), Head of Research at Galaxy Research, published a post revealing that Galaxy Research has released a new report refuting banking industry claims that the GENIUS Act would erode U.S. bank deposits—and providing quantitative estimates. Key findings from the report include: - Under the GENIUS Act framework, 60%–70% of new stablecoin issuance would originate overseas; inflows of foreign deposits would be approximately twice the volume of domestic deposit migration—indicating a net increase in total deposits rather than a zero-sum reallocation. - Each newly minted GENIUS stablecoin would generate approximately $0.32 in net credit for the U.S. economy. - In the base-case scenario, total credit expansion by 2030 would reach roughly $400 billion; under the optimistic scenario, it could reach $1.2 trillion. - Short-term U.S. Treasury yields (T-bills) would compress by 3–5 basis points, potentially saving taxpayers up to $3 billion annually in borrowing costs. - The report also notes that the interest pass-through mechanism does not pose an existential threat to U.S. banks—it merely represents a reallocation of profit margins and will not reduce overall credit capacity.
Odaily Odaily News: At the Consensus Miami 2026 conference, executives from MoonPay, Ripple, and Paxos stated that regulatory clarity is driving accelerated institutional adoption of stablecoins. However, infrastructure, privacy protection, and real-world use cases remain the core challenges facing the industry.Richard Harrison, Vice President of Banking and Payment Partnerships at MoonPay, noted that the GENIUS Act provides a "license" for enterprises to enter the stablecoin space, making it easier for traditional financial institutions to participate in the stablecoin market. He pointed out that stablecoins can significantly improve the efficiency of cross-border payments, but their share in global remittances remains low, predicting it could rise to approximately 10% in the next five years.Jack McDonald, Senior Vice President of Stablecoins at Ripple, stated that institutional clients are more focused on regulatory compliance, custody security, and trusted counterparties, rather than simply the market capitalization of stablecoins. He mentioned that Ripple places greater emphasis on the practical utility of stablecoins in scenarios such as payments, enterprise cash flow management, and capital market collateral.Brent Perrault, Senior Software Engineer at Paxos, pointed out that on-chain privacy issues have not yet been effectively addressed, as public blockchains can expose transaction amounts and fund flows. He believes that the key to future competition among stablecoins will be trust, distribution capabilities, and user incentive mechanisms.Harrison also compared stablecoins to electric vehicles, stating that "the product itself is already viable, but true mass adoption still depends on supporting infrastructure." This includes real-world consumer use cases such as paying rent or buying coffee with stablecoins. (CoinDesk)
industry analysts point out that stablecoins and fintech companies still have about $112 billion in growth potential in the Latin American remittance market. The industry is currently overly concentrated on the $61.8 billion US-Mexico corridor, neglecting faster-growing remittance channels from the US to Central America and within Latin America itself. Cross-border routes such as Venezuela to Colombia, Argentina to Bolivia, and Spain to Ecuador are rapidly heating up, yet most institutions have not optimized their operations for these markets. Overall, the Latin American remittance market is estimated at around $174 billion.It is noted that Latin America is not a single market; countries differ significantly in regulations, payment infrastructure, and demand for stablecoins. Leading companies are adopting a "country-specific customization" strategy rather than a regional one-size-fits-all approach. In terms of trends, the core demand for stablecoins in Latin America is not for payments but for "holding dollars." Users tend to hold funds in stablecoins for the long term rather than just for transfers.Regarding the competitive landscape, traditional institutions like Western Union and MoneyGram are building stablecoin infrastructure, while crypto-native companies such as Binance are also accelerating their entry into this market. Overall, a closed-loop model (remittance-holding-consumption-yield) that combines local payment channels, stablecoin liquidity, and user trust is likely to dominate future competition. (Cointelegraph)
the Ethereum Protocol Support Team has announced the launch of Ethereum Protocol Fellowship Cohort 7 (EPF7). The application channel is now open, with a deadline of May 13th.This program is designed to cultivate engineers capable of participating in Ethereum core protocol development, focusing on the network's core attributes including censorship resistance, open-source nature, privacy, and security. Key areas of focus include client implementations, protocol specifications, testing, and cutting-edge research.EPF7 will adopt a "small-scale, high-density" model, reducing participant numbers to enhance the depth of mentorship and the quality of project contributions, while strengthening collaboration opportunities with the core development team. The project runs from June to November. Selected participants will receive mentorship support from the Ethereum core developer community. Some participants will also receive monthly grants to focus on protocol development work. The program goals include nurturing long-term contributors for the Ethereum core research and development team, and driving participants towards producing substantive results in client development and protocol research.It is reported that the EPF team will host an online information session on May 6th at 15:00 UTC to further introduce project details and answer application-related questions.
Bitcoin remained near $76,000 on Thursday. After the Federal Reserve held interest rates steady, market attention quickly shifted to internal policy divergence and macroeconomic uncertainty. Analysts noted that Bitcoin remains suppressed below the key resistance range of $78,000 to $79,000, lacking short-term breakout momentum.Thomas Perfumo, Chief Economist at Kraken, stated that the market is currently more focused on policy uncertainty stemming from internal "divisions" within the Federal Reserve rather than the inaction itself. This is particularly true against the backdrop of Chairman Jerome Powell's continued tenure and the potential expectation of Kevin Warsh succeeding him, creating a lack of clear policy transition.Glassnode data shows that Bitcoin remains "trapped" below the True Market Mean, with resistance concentrated in the $78,000 to $79,000 range and support lying between $65,000 and $70,000. While selling pressure has eased, demand remains insufficient to support a sustained upward breakout.On the macro front, the Fed has shown rare, severe internal disagreements, interpreted by the market as rising uncertainty over the inflation path. Analysts from institutions like Bitget Wallet and 21Shares point out that the expectation of "higher rates for longer" is suppressing risk asset performance, pushing the crypto market into a wait-and-see phase.Regarding capital flows, U.S. Bitcoin spot ETFs have recorded net outflows for three consecutive days, with a single-day outflow of approximately $138 million on April 29. Ethereum ETFs saw outflows of about $87.7 million over the same period. Although individual products still saw inflows, the overall trend indicates cooling institutional demand.Meanwhile, CME open interest and ETF assets under management have stabilized but have yet to show strong signals of capital return. In the derivatives market, short positions in perpetual contracts have reached an all-time high, suggesting a potential squeeze if sentiment improves. However, the current market remains dominated by a low-volatility, low-confidence consolidation structure.Overall, Bitcoin is caught in a tug-of-war between an improving support structure and weak demand. Sustained ETF outflows, policy uncertainty, and macroeconomic risks collectively suppress its ability to break through the key resistance range. (The Block)
The Hong Kong Monetary Authority (HKMA) released its 2025 Annual Report. In the section on key priorities and outlook for 2026, the HKMA stated that it will continue participating in international discussions and cooperation on digital asset policies—particularly regarding the implications of stablecoin-related arrangements for monetary and financial stability—and ensure that its regulatory framework remains aligned with international standards and best practices. Additionally, another key focus area under “Fintech 2030” is advancing Hong Kong’s tokenization ecosystem: further promoting the tokenization of real-world assets (including financial assets), and enabling settlement of these assets on blockchains via new forms of digital currency—such as e-HKD, tokenized deposits, and regulated stablecoins—to support faster and smoother financial transactions.
According to the Ethereum Foundation’s official website, its Ecosystem Support Program (ESP) allocated a total of $9.856 million in Q1 2026, with funding concentrated on core infrastructure areas including cryptography, zero-knowledge proofs, security audits, and protocol research. Key funded projects this quarter include: - In the ZK domain: formal verification of zkVMs, GPU-accelerated R1CS witness generation, and intermediate representation optimization for LLZK; - In security: cryptanalysis of Poseidon, cross-platform canonical signing libraries for ERC-7730, and specification-compliance testing for ePBS; - In node and client development: Erigon zkEVM extensions, Besu HSM compliance integration, and the multi-node validator Vero; - Additionally, privacy tools (Kohaku SDK, Tor bridge extensions), continued operations of the Layer 2 transparency platform L2BEAT, and R&D for the Lighthouse client’s transition to the Fusaka fork. On ecosystem development, ESP simultaneously supported Ethereum developer events in Seoul, Hong Kong, Vancouver, and Buenos Aires, advanced updates to the Ethereum climate impact assessment, and backed policy research initiatives by the European Decentralization Institute (EDI).
The Investment Committee under the Hong Kong Securities and Futures Commission (SFC) issued a document titled “Understanding the Nature of Investment through Prediction Markets,” which states: Prediction markets are speculative markets created for the purpose of making predictions. Trading activities or contracts in prediction markets are not investment products. Key features include: events subject to prediction, trading mechanisms, trading prices, and payouts. Before considering any investment, investors should carefully consider the investment’s value, asset allocation, and regulatory safeguards. The Investment Committee notes that members of the public engaging in trading activities on prediction markets are not protected by the Securities and Futures Ordinance or any regulations enforced by the Hong Kong Securities and Futures Commission. Should problems arise, redress may be difficult—or even impossible—to obtain.
PrimePiper has launched an enterprise-grade prime broker platform for AI agents, designed to address challenges including fragmented account management, inadequate risk control, inability to reconcile across venues, and insufficient compliance auditing in AI-driven automated trading. According to the company, its infrastructure supports unified connectivity to multiple trading venues—including Hyperliquid, OKX, Tiger Brokers, and Interactive Brokers (IBKR). For risk control, PrimePiper offers enterprise-grade API key management, spending limits, and circuit-breaker mechanisms to constrain AI agent trading behavior. At the execution layer, it enables automated strategy execution via SDK or the Model Context Protocol (MCP). For compliance and auditing, it provides audit-grade reporting capabilities tailored for funds and traders. PrimePiper has been selected for the latest cohort of Founders Inc’s accelerator program; its product is currently in the Alpha stage. Team members hail from Galois Capital, Kraken, DRW, and AWS.
Vercel has released an analysis of a security incident, stating that certain internal systems were accessed without authorization. The breach originated from a third-party AI tool, Context.ai, used by an employee, which was compromised. Attackers leveraged this to take over the employee’s Google Workspace account and access some environment configuration data. Preliminary impact assessment indicates that a small number of customers’ environment variables—unmarked as “sensitive” (e.g., API keys, tokens)—may have been exposed. Affected users have been notified and advised to immediately rotate their credentials. At present, there is no evidence that data explicitly marked as “sensitive” or the supply chain (e.g., npm packages) has been tampered with. Vercel notes that the attackers demonstrated a high level of technical sophistication. The company is collaborating with Mandiant and multiple security organizations to investigate the incident and has filed a report with law enforcement. Vercel also confirms that its platform services remain fully operational. Users are advised to enable multi-factor authentication, comprehensively rotate potentially exposed environment variables, and review account activity logs and deployment records to mitigate further risk.
According to an official announcement, in response to the recent Vercel platform security incident, Jupiter (@JupiterExchange) stated that it has received no notifications or indications of impact, and its jup.ag frontend does not store any sensitive information. Jupiter has proactively implemented all security measures recommended by Vercel, completed rotation of all keys, and conducted a comprehensive review of system logs—no suspicious activity was found. Monitoring remains ongoing.