Joseph Rees

Judge Kaplan Denies Sam Bankman-Fried’s Bid for a New Trial, Calling Claims Baseless

Key Takeaways: Judge Lewis Kaplan denied Sam Bankman-Fried’s (SBF) Rule 33 motion on April 28, 2026, calling the new evidence claims “baseless.” The ruling closes the district court chapter for SBF, who still faces a live Second Circuit appeal from…

Lightspark CEO Launches Grid Global Accounts at Bitcoin 2026 Las Vegas

Key Takeaways: Lightspark CEO David Marcus launched Grid Global Accounts at Bitcoin 2025 Las Vegas, connecting users to 175 million Visa merchants. Grid reaches 65 countries in real time, with Marcus targeting 75 countries and 100 Visa markets before year-end…

Polymarket Targets Full US Return as CFTC Talks Advance – Bitcoin News

Key Takeaways: Polymarket held discussions with the CFTC in recent weeks to lift its 2022 ban and bring its main exchange to U.S. users. A full U.S. return could pit Polymarket directly against Kalshi, deepening competition in a sector processing…

Fidelity Pulls $150M From FBTC as Bitcoin ETF Flows Reverse After 9-Day Run

Key Takeaways: U.S. bitcoin ETFs saw $263.18M outflows after 9 days, led by Fidelity FBTC’s $150.40M drop. Blackrock IBIT held steady as $1.93B traded, signaling active but cautious ETF markets. Ether ETFs lost $50.48M; Blackrock ETHB added $11.76M as investors…

UAE Quits OPEC After 59 Years, BTC Slides Below $76K Amid Hormuz Supply Shock

Key Takeaways: The UAE exits OPEC on May 1, 2026, ending 59 years of membership and removing OPEC’s third-largest producer. Bitcoin fell from a weekly high of $79,490 to below $76,000 on April 28, as traders responded to geopolitical uncertainty…

Paxos Labs Amplify Pushes Built-In Yield Into $1B Toku Payroll Platform

Key Takeaways: Paxos Labs Amplify integrates with Toku, letting employees earn yield on USDC, USDT, and USDG the moment pay arrives. Toku processes over $1 billion in annual token payroll volume across 100+ countries, with no lockup periods required. Paxos…

Compound Joins Defi United, Proposes 3,000 ETH to Recover 16,776 ETH in Exploiter Positions

Key Takeaways: Compound proposed contributing between 1,900 and 3,000 ETH worth up to $6.9 million to Defi United’s rsETH recovery on April 28. DeFi United’s 14-protocol coalition has secured over $161 million in ETH commitments to restore rsETH backing after…

Galaxy Digital Sends ETH Worth $104 Million to Bybit, Binance and OKX, Sparking Selloff Concerns

Key Takeaways: Galaxy Digital deposited 45,000 ETH worth over $104 million to Binance, Bybit, and OKX on Tuesday. Galaxy Digital’s April ETH exchange inflows approach 50,000 ETH across multiple transfers. Bitmine holds 98,352 staked ETH as institutional conviction on ether…

Bitbank Launches 0.5% Crypto Rewards Credit Card

Key Takeaways: Bitbank and EPOS Card launched Japan’s 1st Visa credit card, allowing monthly installment payments using BTC. Bridging crypto and credit, the Visa card pays a 2,000 yen bonus and 0.5% rewards in bitcoin, ether, and astar. Looking forward,…

B3 to Launch Bitcoin-Linked Prediction Contracts as Brazil Bans Polymarket and Kalshi

Key Takeaways: B3 launches six Event Contracts on April 27, with bitcoin among three underlying assets. CMN Resolution 5,298 bans sports and political prediction derivatives starting May 4. ANATEL has blocked 28 prediction market platforms including Polymarket and Kalshi. Brazil…