News Heat Trend
Project Overview
Public is a token launch platform where users can fund their favorite projects. If the project reaches the target, it will be listed. If it does not reach the target, users can get SOL back.
SpaceX, OpenAI, and Anthropic to Go Public or Raise Over $240 Billion, Potentially Impacting Crypto Market Liquidity
According to CoinDesk, SpaceX is expected to go public in June and could surpass Saudi Aramco’s $29 billion IPO in 2019 to become the largest IPO in history. Meanwhile, OpenAI and Anthropic are also planning to go public in the second half of this year. Collectively, these three companies are projected to raise over $240 billion—potentially marking a pivotal turning point for liquidity in the crypto market. Market analysts believe these mega-IPOs could significantly drain liquidity from risk assets, with the crypto market sitting in the same funding pool. As mainstream crypto assets such as Bitcoin and Ethereum have closely tracked the Nasdaq and U.S. equity risk sentiment in recent years, a large-scale shift of capital toward subscribing to tech giants’ IPOs may weaken buying support for BTC, ETH, and altcoins.
Pharos Announces Public Sale Details, Offering 0.1% of Total Supply to Raise Approximately $1 Million
According to an official announcement, Pharos has unveiled the details of its public PROS token sale, offering 0.1% of the total token supply, with a target fundraising amount of approximately $1 million. The base price is set at $1.00 per token, and the subscription range per entity is $100 to $50,000. This sale requires mandatory KYC/KYB verification on Sonar and offers two vesting options: no lock-up or a 6-month lock-up (priced at $0.80 per token). In the event of oversubscription, priority will be given to smaller subscriptions; any excess funds will be automatically refunded after the sale concludes. Registration opens on April 20.
New York State Governor Signs Executive Order Restricting Public Officials from Participating in Prediction Market Insider Trading
Odaily News: New York State Governor Kathy Hochul signed an executive order on Wednesday prohibiting state government employees from using non-public information to trade in prediction markets or assisting others in profiting from it. This move aims to address growing concerns over "insider betting" in prediction markets.According to the executive order, all government officials appointed by the governor or under her jurisdiction, as well as members of public agencies, are prohibited from using any non-public information obtained in the course of their duties to seek profits or avoid losses in prediction markets or similar services. They are also barred from assisting others in such activities. The governor mentioned in the document that the current "rapid expansion of prediction markets" has drawn regulatory attention.The day before, Illinois Governor JB Pritzker also issued a similar executive order, banning state government personnel from using non-public information to participate in prediction market betting.Meanwhile, prediction market platform Kalshi disclosed that it has launched investigations into three insider trading cases involving candidates and has imposed fines and trading suspensions on the relevant individuals. One of those penalized is Mark Moran, a candidate in the Virginia State Senate Democratic primary, who was penalized for betting on his own campaign and stated he "hoped to be caught."
Caixin: Singapore Plans to Optimize Capital Requirements for Banks’ Crypto Assets, Public-Chain Assets to Receive More Favorable Treatment
According to Caixin, the Monetary Authority of Singapore (MAS) released a consultation paper on April 17, 2026, proposing more accommodating regulatory capital guidelines for crypto assets on permissionless blockchains (i.e., public blockchains) ahead of implementing the Basel Committee’s new capital requirements for crypto assets. The current Basel framework is viewed as overly stringent in its classification of public blockchain-based assets, potentially stifling banking-sector innovation. MAS plans to abandon a “one-size-fits-all” classification approach and instead allow public blockchain-based crypto assets that meet a set of principle-based criteria to be classified as Group 1 crypto assets—carrying lower risk weights and less stringent prudential requirements—to achieve regulatory technology neutrality.
Musk Absent from French Prosecutor's Hearing
Odaily News U.S. entrepreneur Elon Musk did not attend a hearing on the 20th where he was summoned to testify by the Paris Public Prosecutor's Office in France. As the owner of the social media platform X, Musk is under investigation for issues on the platform, including the dissemination of child pornography and deepfake content. The Paris Public Prosecutor's Office confirmed to French business news channel BFM TV that Musk and former X CEO Linda Yaccarino were absent from the hearing, stating that "their presence or absence will not hinder the continuation of the investigation work." (Xinhua News Agency)
Anthropic Hires Trump-Linked Lobbying Firm Ballard Partners
According to Bloomberg, just days after the Pentagon designated Anthropic as a supply-chain risk, Anthropic PBC has hired Ballard Partners—a lobbying firm linked to U.S. President Trump. This collaboration comes amid an ongoing dispute between Anthropic and the U.S. Department of Defense (i.e., the Pentagon). Public filings indicate that Ballard Partners will represent Anthropic in policy communications and lobbying activities.
Tether Proposes Merger of 21 Capital with Strike and Elektron Energy to Build a Bitcoin-First Public Ecosystem Platform
According to an official announcement, Tether Investments has proposed two merger transactions: one between Twenty-One Capital (XXI) and Bitcoin financial services company Strike, and another between XXI and Bitcoin mining firm Elektron Energy. These mergers aim to expand XXI’s business scale and long-term growth capabilities. Tether Investments stated it will vote in favor of the proposed transactions. Upon completion, XXI will integrate Bitcoin asset management, mining, financial services, lending, and capital markets operations, becoming a globally leading listed Bitcoin integrated platform.
New York State Governor Signs Executive Order Restricting Public Officials from Participating in Prediction Market Insider Trading
Odaily News: New York State Governor Kathy Hochul signed an executive order on Wednesday prohibiting state government employees from using non-public information to trade in prediction markets or assisting others in profiting from it. This move aims to address growing concerns over "insider betting" in prediction markets.According to the executive order, all government officials appointed by the governor or under her jurisdiction, as well as members of public agencies, are prohibited from using any non-public information obtained in the course of their duties to seek profits or avoid losses in prediction markets or similar services. They are also barred from assisting others in such activities. The governor mentioned in the document that the current "rapid expansion of prediction markets" has drawn regulatory attention.The day before, Illinois Governor JB Pritzker also issued a similar executive order, banning state government personnel from using non-public information to participate in prediction market betting.Meanwhile, prediction market platform Kalshi disclosed that it has launched investigations into three insider trading cases involving candidates and has imposed fines and trading suspensions on the relevant individuals. One of those penalized is Mark Moran, a candidate in the Virginia State Senate Democratic primary, who was penalized for betting on his own campaign and stated he "hoped to be caught."
Caixin: Singapore Plans to Optimize Capital Requirements for Banks’ Crypto Assets, Public-Chain Assets to Receive More Favorable Treatment
According to Caixin, the Monetary Authority of Singapore (MAS) released a consultation paper on April 17, 2026, proposing more accommodating regulatory capital guidelines for crypto assets on permissionless blockchains (i.e., public blockchains) ahead of implementing the Basel Committee’s new capital requirements for crypto assets. The current Basel framework is viewed as overly stringent in its classification of public blockchain-based assets, potentially stifling banking-sector innovation. MAS plans to abandon a “one-size-fits-all” classification approach and instead allow public blockchain-based crypto assets that meet a set of principle-based criteria to be classified as Group 1 crypto assets—carrying lower risk weights and less stringent prudential requirements—to achieve regulatory technology neutrality.
Cobo Launches Payment Incentive Settlement Layer ACL, Open to Public Blockchains, Stablecoin Issuers, and Payment Institutions
Cobo, a digital asset custody and wallet solutions provider, has launched the Adoption Clearing Layer (ACL), a payment incentive settlement layer open to public blockchains, stablecoin issuers, and payment institutions. Cobo aims to collaborate with more ecosystem partners to jointly build a stablecoin payment network grounded in real-world transactions. The ACL offers multi-chain payment routing and incentive settlement capabilities, directly linking ecosystem incentive budgets to genuine payment transactions—creating a transaction-centric growth loop. Initial ACL partners include Aptos and Morph; through ACL, participants can earn up to 15 basis points (bps) per transaction as commission—boosting authentic on-chain transaction volume for ecosystem participants while delivering sustainable revenue streams for payment institutions.
Related news
Tether Proposes Merger of 21 Capital with Strike and Elektron Energy to Build a Bitcoin-First Public Ecosystem Platform
According to an official announcement, Tether Investments has proposed two merger transactions: one between Twenty-One Capital (XXI) and Bitcoin financial services company Strike, and another between XXI and Bitcoin mining firm Elektron Energy. These mergers aim to expand XXI’s business scale and long-term growth capabilities. Tether Investments stated it will vote in favor of the proposed transactions. Upon completion, XXI will integrate Bitcoin asset management, mining, financial services, lending, and capital markets operations, becoming a globally leading listed Bitcoin integrated platform.
Polymarket: API and On-Chain Data Are Public Information, No Data Breach Occurred
Polymarket stated on platform X that a characteristic of on-chain data is that all data is publicly auditable. In response to concerns about a data breach, Polymarket clarified that no data breach has occurred, and the relevant information can be obtained through its public endpoints and on-chain data. Users do not need to pay to access such data; instead, it is freely available via its API.
Hubei cracks first cryptocurrency theft case, involving over 100 million yuan in funds
: Guo Tingyu, a cyber police officer from the Qingshan Branch of the Wuhan Public Security Bureau, participated in the investigation of Hubei's first cryptocurrency theft case. By tracking fund flows and analyzing fake wallet codes, he identified and dismantled a theft gang involving over 100 million yuan in funds. All five suspects have been apprehended.The report states that the gang induced users to download fake cryptocurrency wallet apps to commit theft, with cumulative downloads exceeding 10,000 times. Guo Tingyu also participated in solving multiple cryptocurrency-related crime cases. (Hubei Daily)
SpaceX, OpenAI, and Anthropic to Go Public or Raise Over $240 Billion, Potentially Impacting Crypto Market Liquidity
According to CoinDesk, SpaceX is expected to go public in June and could surpass Saudi Aramco’s $29 billion IPO in 2019 to become the largest IPO in history. Meanwhile, OpenAI and Anthropic are also planning to go public in the second half of this year. Collectively, these three companies are projected to raise over $240 billion—potentially marking a pivotal turning point for liquidity in the crypto market. Market analysts believe these mega-IPOs could significantly drain liquidity from risk assets, with the crypto market sitting in the same funding pool. As mainstream crypto assets such as Bitcoin and Ethereum have closely tracked the Nasdaq and U.S. equity risk sentiment in recent years, a large-scale shift of capital toward subscribing to tech giants’ IPOs may weaken buying support for BTC, ETH, and altcoins.
19-Year-Old Female College Student from Guangdong Province Suspected of Being Trafficked to Myanmar Telecom Fraud Compound After Traveling to Thailand; Family Demanded $30,000 in USDT Ransom
According to China News Weekly, a 19-year-old female college student from Guangdong Province was recently invited to attend the Songkran water festival in Thailand. Upon arrival, she was reportedly detained and allegedly trafficked to a telecom fraud compound near the Thailand-Myanmar border in the Three Pagodas Pass area. Her family stated that the perpetrators claimed to have purchased her for 29,000 US dollars and subsequently demanded a ransom of $30,000—approximately RMB 200,000. After the family paid the ransom, the perpetrators delayed her release, citing reasons such as “the compound allows entry but no exit,” and demanded that media coverage of the case be retracted. The Baiyun Branch of the Guangzhou Municipal Public Security Bureau launched an investigation into the case on April 15, and Guangdong provincial education authorities have also become involved.
Believe Founder Benjamin Pasternak Arrested on Charges of Second-Degree Strangulation and Intentional Injury
Public records from the New York Criminal Court show that Benjamin Pasternak, founder of Believe App, was arrested on charges of second-degree strangulation and assault. This follows allegations that Believe founder Ben Pasternak was involved in a multimillion-dollar rug pull scam.