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The Technical Carnage Unfolds AAVE is in freefall, dropping 4.12% in 24 hours to $92.67 as the token sheds nearly 40% from its 200-day moving average at $150. The momentum indicators paint a picture of capitulation – RSI hovering just above oversold territory while MACD flatlines at zero, showing neither buyers nor sellers have conviction at these levels. But beneath this surface destruction, something interesting is brewing. Open interest jumped 10.28% to $62.1 million in just one day, signaling that major players are taking positions while retail traders flee. This divergence between price action and derivatives activity often precedes explosive…

A U.S. Senate that’s struggled to move crypto market structure legislation moved like lightning on Thursday to ban themselves from participating in prediction markets.Acting on a simple, 14-line resolution pushed by Ohio Republican Senator Bernie Moreno, the Senate agreed unanimously to put a restriction between members and the increasingly popular, controversial betting platforms that have drawn scrutiny over insider-trading activity and fights over who has regulatory jurisdiction.“United States Senators have no business engaging in speculative activities like prediction markets while collecting a taxpayer-funded paycheck, period,” said Senator Moreno in a Thursday statement. “Serving in Congress should never be about finding…

Four of the Magnificent Seven (Mag 7) tech giants are still on track to meet their massive artificial intelligence (AI) spending targets this year, according to their earnings report. The companies that have reported quarterly earnings post-market on Wednesday are Microsoft (MSFT), Alphabet (GOOG), Meta (META) and Amazon (AMZ), with a combined market cap of approximately $12 trillion. Previously, an analysis by Bridgewater Associates flagged that the four companies are expected to spend roughly $650 billion together on AI infrastructure in 2026. While most of them didn’t break out their AI spending in their latest earnings, they seem on track…

SINGAPORE, April 30, 2026 /PRNewswire/ — VerifyVASP, a leading Travel Rule solution provider, today announced the acquisition of Sygna, a prominent Japan-based provider. This transaction represents a major step in VerifyVASP’s global expansion strategy, further establishing the company as a core compliance infrastructure provider for Virtual Asset Service Providers (VASPs) across key international markets. Consolidating the Travel Rule Ecosystem The acquisition marks a defining moment in the evolution of the global Travel Rule landscape. By integrating Sygna into its network, VerifyVASP is advancing the consolidation of a fragmented market into a unified, interoperable compliance network aligned with national regulations, Financial…

KuCoin EU has appointed a new Anti-Money Laundering (AML) chief and expanded its compliance team in Vienna, weeks after Austrian regulators barred the exchange from taking on new business under Europe’s Markets in Crypto-Assets Regulation (MiCA) regime.The MiCA-licensed entity named Carmen Kleinhans as its Anti-Money Laundering officer, alongside two deputy AML officers drawn from former Austrian regulators and bank compliance chiefs. According to a Wednesday release, the team will oversee AML, Counter-Terrorist Financing (CTF) and sanctions controls, as well as enterprise-wide risk management and regulatory engagement.The move follows a February decision by Austria’s Financial Market Authority (FMA) to prohibit KuCoin…

MacCoss Lab, based at the University of Washington, has spent 17 years maintaining Skyline, an open-source software tool used for protein analysis. With over 700,000 lines of C# code and over 200,000 automated nightly tests, the codebase is a behemoth that has challenged generations of developers. But Brendan MacLean, principal developer and Claude Developer Ambassador, found a novel way to manage this legacy: treating Claude Code, an AI-powered coding tool, as he would a new developer. Skyline’s longevity means its codebase carries decades of accumulated technical debt. Developers rotating in and out often left partially completed projects or untouched code…

Sports-focused blockchain Chiliz is expanding its roster of over 70 fan tokens to Solana and Base, the Ethereum layer-2 network developed by Coinbase (COIN).Chiliz rolled out its own layer-1 network in 2023 to host the trading of its tokens, but is transitioning to what it calls “omnichain distribution,” according to an announcement on X on Tuesday.”By using an Omnichain Fungible Token (OFT) standard, fan tokens will exist on each supported chain with a unified supply, eliminating the need for wrapped tokens or fragmented liquidity pools,” Chiliz said.Fan tokens are digital assets that represent membership of a community such as a…

Eightco treasury composition as of April 27, 2026: $90M OpenAI equity (indirect), $25M Beast Industries equity, 11,068 ETH, 283 million WLD holdings, and $121M cash and equivalents World offers a solution to the ‘double human’ problem in a world proliferating with deepfakes and agentic agents Tinder, Zoom, Docusign, Vercel, Browserbase, and Exa to integrate Proof of Human verification features Eightco provides indirect exposure to some of the most innovative private companies including OpenAI and Beast Industries EASTON, Pa., April 28, 2026 /PRNewswire/ — Eightco Holdings Inc. (NASDAQ: ORBS) (“Eightco” or the “Company”) today provided an update on its total holdings, highlighting…

New York, United States, April 28th, 2026, Chainwire 30-day Trade-to-Feed competition marks BitMart’s 8th anniversary and the exchange’s strategic listing of $EAT, the first cause coin. BitMart, the global digital asset exchange serving millions of users worldwide, today launched the Trade-to-Feed competition, a 30-day trading competition paying out up to $4.4 million USDT in trader rewards. The campaign marks BitMart’s eighth anniversary and the exchange’s listing of $EAT (WYDE: End Hunger), the first cause coin to list on a major centralized exchange. Cause coins are an emerging asset class engineered so that fees from trading activity flow to charitable grant-making…

Crypto trading platform OKX has added BlackRock’s BUIDL tokenized US Treasury fund to its collateral framework with Standard Chartered, allowing eligible institutional and VIP clients to use the yield-bearing asset as trading margin while holding it off-exchange with the bank.The arrangement, announced in a Tuesday release shared with Cointelegraph, lets institutional and VIP clients post BUIDL as collateral held with Standard Chartered while trading on OKX Middle East, or deposit it directly on the exchange. The companies described it as the first globally systemically important (G-SIB) bank-backed off-exchange tokenized collateral framework. It also adds to a broader industry push to…