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Author: James Wilson
Over Foundation has shut down all Over Protocol infrastructure, abandoning OverWallet, nodes and explorers, and leaving block production to any validators stubborn enough to keep running. Summary Over Foundation says “insurmountable financial constraints” forced it to permanently cease operations, killing OverWallet, OverNode, OverFlex, RPC endpoints, block explorers, and public APIs with immediate effect. The Layer 1 was pitched as a way for ordinary users to run validators on personal computers, but with all foundation‑run infra offline, the chain’s survival now depends entirely on whether independent node operators keep producing blocks. The shutdown folds Over Protocol into a growing list of…
Top‑100 crypto traded mixed today as Humanity Protocol jumped 14.5%, MemeCore slid 9.3% on 90% insider‑supply fears, and total market cap dipped 1.39% to $2.65T. Summary The top 100 cryptocurrencies by market cap saw divergent action, with Humanity Protocol (H) leading gainers at 14.53% and MemeCore (M) dropping 9.26% as total crypto market cap slipped 1.39% to about 2.65 trillion dollars. Humanity Protocol, an Ethereum Layer 2 focused on privacy‑first palm‑scan identity and proof‑of‑human consensus, traded near 0.1639 dollars, while Binance Life, Siren, Pi Network and Tezos rounded out the day’s strongest performers. MemeCore declined amid on‑chain reports that over…
Opening arguments began April 28 in the Musk OpenAI civil trial in Oakland, with Musk’s lead attorney Steven Molo telling jurors that without Elon Musk’s $38 million in early funding and recruiting of top AI scientists, OpenAI would not exist, while Musk seeks up to $134 billion in wrongful gains to be funneled back to the company’s nonprofit arm. Summary Musk OpenAI opening arguments began April 28 with lead attorney Steven Molo urging jurors to look past their preconceptions about Musk and focus on the financial and institutional record of OpenAI’s founding. Two claims survive the trial: breach of charitable…
BNB price held above $625 on April 28 as the broader crypto market declined, with Bitcoin down 1.6% and Ethereum at a week low, making BNB one of the few large-cap assets to hold its ground during a day driven by stalled Iran ceasefire negotiations and rising oil prices. Summary BNB price fought to hold above $625 on April 28 as the total crypto market cap shed over $30 billion, with most large-cap assets in the red. Binance executed its 35th quarterly auto-burn on April 15, permanently removing 2.14 million BNB worth approximately $1.32 billion from circulation, leaving the total…
A Matrixport‑linked whale has opened a fresh 30,000 ETH long at 15x, lifting total leveraged exposure to 58,000 ETH (~$132M) after banking over $59M on prior longs. Summary Onchain Lens data shows a Matrixport‑associated whale opened a new 30,000 ETH long position at 15x leverage worth about 68 million dollars, bringing total exposure across three wallets to 58,000 ETH with 15x–20x leverage. The same entity previously closed 120,000 ETH and 1,500 BTC longs for more than 59 million dollars in profit, fully exiting in mid‑April before re‑entering with a 44,000 ETH, then 30,000 ETH, stack as ETH trades near 2,287…
Ethereum price opened at $2,303.33 on April 28, its lowest morning level in over a week, as renewed concerns over stalled Iran ceasefire negotiations pushed Brent crude back above $104 a barrel and weighed on all major crypto assets heading into the Federal Reserve’s rate decision. Summary Ethereum price opened April 28 at $2,303.33, down 2.8% from Monday’s open of $2,369.84, and continued sliding to $2,278.56 by 7:10 AM ET. The selloff was triggered by stalled US-Iran ceasefire negotiations and rising oil prices, with Brent crude returning above $104 a barrel for the first time in several days. Bitcoin also…
Travelex Bank, the first foreign exchange bank approved by Brazil’s Central Bank, is expanding its use of Ripple Payments for instant cross-border settlement, as the US Faster Payments Council separately names Ripple among the key innovators driving G20 domestic payments modernization. Summary Travelex Bank is using Ripple Payments to cut transaction costs and enable near-instant settlement for cross-border transfers, building on the On-Demand Liquidity integration first launched in August 2022. The US Faster Payments Council report identifies Ripple alongside Stellar as leading innovators within the G20’s framework for faster, cheaper, and more transparent global payments by 2030. The G20 roadmap…
In a major development, four Japanese government bodies have jointly flagged crypto assets as a high-risk payment method in real estate transactions, warning the property industry that the technology’s cross-border transfer capabilities make it particularly susceptible to money laundering. The joint request came from Japan’s Ministry of Land, Infrastructure, Transport and Tourism, the Financial Services Agency, the National Police Agency, and the Ministry of Finance. The notice was circulated to industry groups including the Japan Cryptocurrency Business Association and several national real estate federations. As per the official statement, crypto assets, which have the nature of being transferred instantly across…
US-listed XRP ETF products pulled in $81.63 million in April 2026, their strongest monthly inflow figure of the year, fully reversing March’s $31.16 million loss and pushing cumulative net inflows to $1.29 billion. Summary XRP ETF products logged $81.63 million in April inflows through April 24, surpassing February’s $58.09 million to become the single strongest month of 2026. The funds have not recorded a single outflow day since April 9, the longest positive streak in XRP ETF history, with the week ending April 17 delivering $55.39 million alone. XRP held near $1.43 on April 24 despite the record inflows, with…
Visa partners with WeFi to enable direct stablecoin spending from self-custody wallets on Visa’s network, bypassing exchanges and pressuring banks’ FX roles. Summary Visa has partnered with WeFi, an “on‑chain bank” founded by Tether co‑founder Reeve Collins, to let users spend stablecoins from self‑custody wallets directly on the global Visa network. The rollout begins in select markets across Europe, Asia, and Latin America, with expansion conditioned on local regulatory approvals and a focus on “regulated stablecoins appropriate for everyday transactions.” By embedding stablecoins into Visa’s payment rails so settlement happens in the background, the partnership directly bridges DeFi liquidity to…
