Crypto Industry News & Market Trends

Meteora reports $1.5 million OTC scam loss in Q1 MET report

Meteora disclosed a $1.5 million loss tied to an OTC scam in its Q1 2026 Token Holders Report. Meteora said $1.5 million was lost to an OTC scammer during MET token buybacks.The protocol reported $18.3 million net cash flow despite lower Q1 volumes and fees.Meteora closed Q1 with $32.8 million in treasury funds and over two years runway.　　The loss happened while the team was trying to buy back MET tokens, according to the report. Meteora said total cash outflows reached $7 million in Q1 2026. This was down from $30.8 million in Q4 2025.　　The report said the drop came from lower one-off costs after its TGE-heavy quarter. It also noted fewer large capital investments compared with Q4.　　Meteora reported $2.5 million in MET-related outflows during the quarter. This included $1 million spent buying back MET and $1.5 million lost to an OTC scammer.　　Police report filed with local authorities　　The Q1 report said the scam happened during an attempt to buy back tokens through an OTC deal. Meteora said a police report has been filed with local authorities.　　The disclosure drew attention on X after crypto user Dr. Zuler pointed to the loss. He wrote, “Not sure how to feel about this,” while noting

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BCH Technical Analysis Apr 30

Tech　　BCH Technical Analysis Apr 30　　BCH, at its current price of 445.50$, is squeezed into the critical 442$ support zone and the bearish trend continues to dominate. In the short term, buyers may remain weak unless the 453$ resistance is broken.　　Current Price Position and Critical Levels　　BCH traded in the 441.90$ – 455.50$ range with a 1.59% drop over the last 24 hours and is currently positioned at 445.50$. The overall trend is bearish; the price remains below EMA20 (449.56$), while RSI at 46.92 signals neutral. The Supertrend indicator is issuing a bearish signal, with resistance set at 483.89$. 5 strong levels have been identified across 1D, 3D, and 1W timeframes: 3 supports and 2 resistances in 1D confluence. This structure indicates a test of the 442$ support before liquidity hunting. Volume is at a medium level of 63.33M$, but increasing volume on the downside confirms selling pressure. The price is in the middle-lower band of the broader down channel; a breakdown below could open the path to 427$.　　Support Levels: Buyer ZonesPrimary Support　　442.3111$ (score: 67/100) stands out as BCH‘s most critical primary support level. This level forms a strong demand zone on the 1D timeframe; the price has bounced +5% from here

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Trump rejects Iran proposal, keeps naval blockade amid nuclear deal stalemate

Tech　　Trump rejects Iran proposal, keeps naval blockade amid nuclear deal stalemate　　Trump dismissed Iran‘s proposal and kept the naval blockade intact. The odds of Trump announcing the blockade’s end by May 31 dropped to 43.5% YES, down from 52% yesterday.　　Market reaction　　The May 31 market fell from 52% to 43.5% YES as traders priced in the renewed stalemate. This continues a slide from 76% a week ago. With 31 days until resolution, the market is skeptical about any near-term deal.　　Why it matters　　The blockade‘s continuation affects oil pricing through the Strait of Hormuz. Though specific odds on the WTI Crude Oil Prices in May 2026 market weren’t provided, sustained tension in the strait tends to push oil prices higher. Traders should expect volatility in crude markets while the blockade holds.　　What to watch　　Trading volume sits at $46,925 in USDC, and the order book requires $63,015 to move the price 5 points. That gap suggests institutional participation, but a single large order could still shift the market meaningfully. The biggest move was a 1-point drop early in the day, pointing to cautious repositioning rather than panic.　　Trump‘s rejection narrows the path to a resolution before the deadline. At 43.5¢, a YES share pays $1 if the

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Will XRP Price Reach $1.80 in May 2026 Amid Rakuten Integration?

XRP price might be headed for a bullish May because of a partnership that happened two weeks back. Because of this, positive sentiment is at its highest in two years. Now that April has ended, traders are watching May to see if it will bring new possibilities for XRP, and whether a pattern that has been there for some time now is going to play out.　　Rakuten Integration Drives Bullish Sentiment to 2-Year High　　On April 13, the senior ecosystem growth manager at Ripple, Tatsuya Kohrogi, made one of the most bullish announcements for XRP holders. He said that Rakuten will now have XRP available to its users.　　The best part is that Rakuten is behind the biggest loyalty platform in Japan. It has a staggering 44 million users. All of these people have alternative options for their points other than just redeeming them. They can use them to buy XRP.　　This is not the only big thing that has happened to XRP price in April 2026, but it is the thing that has the biggest impact. Santiment notes this by saying the bullish sentiment on XRP is at the second-highest point it has ever been in two years. It says that this rise

04-30Industry

Japan weighs strict AI rules as copyright fears mount

As worries grow over the misuse of artificial intelligence (AI), Japans ruling party has called for stringent measures to regulate the technology.　　The Liberal Democratic Party (LDP) recommended last week that the government consider enacting penalties on companies that fail to follow guidelines under the countrys AI law, a proposal that comes amid rising concerns about the proliferation of deepfake content and unauthorized use of copyrighted material created by generative AI systems.　　While Japan has existing rules to tackle AI misuse under the Act on Promotion of Research and Development, and Utilization of Artificial Intelligence-related Technology, a panel within the LDP focusing on AI and Web3 said these lack strong enforcement, making it difficult for authorities to act against operators who ignore requests for information or those who fail to address harmful outputs, UPI reported, citing details gathered by South Korean media outlet Asia Today.　　The East Asian country unveiled the Act on Promotion of Research and Development, and Utilization of Artificial Intelligence-related Technology, an AI framework, in September 2025 to support AI innovation while giving authorities the power to investigate cases where the technology may harm peoples rights.　　Building on these regulatory efforts, the panel urged the government to take action against businesses

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Will XRP Price Reach $1.80 in May 2026 Amid Rakuten Integration?

04-30Industry

Trezor Hardware Wallet Review: Security, Features, Pros & Cons Explained

Finance　　Trezor Hardware Wallet Review: Security, Features, Pros & Cons Explained　　With the rapid growth of cryptocurrencies, exchanges and software wallets have become highly vulnerable to hacking and threats. To prevent these risks, Hardware wallets have become an essential solution for stronger protection and complete control over private keys.　　Hardware wallets have gained significant attention for providing offline protection for assets. These devices reduce exposure to online threats and provide long-term asset safety. Trezor is widely recognized as one of the earliest and most trusted hardware wallet providers in the crypto industry. It is known for its strong security and open-source approach.　　Through this article, well examine the security system, key features, and overall performance of Trezor in the cryptocurrency market.　　How Does the Trezor Hardware Wallet Work？　　Trezor follows a cold storage model, keeping the users private keys directly on the device via its secure chip. This prevents online exposure and reduces the risk of hacking.　　Trezor combines strong security with a simple user experience. It simplifies the setup by providing clear on-screen instructions that guide users through the whole process. Its companion platform, Trezor Suite, is also available as a desktop application, a browser extension, and a mobile app. This makes it more accessible and

04-30Industry

Japan weighs strict AI rules as copyright fears mount

Tech　　Japan weighs strict AI rules as copyright fears mount　　As worries grow over the misuse of artificial intelligence (AI), Japans ruling party has called for stringent measures to regulate the technology.　　The Liberal Democratic Party (LDP) recommended last week that the government consider enacting penalties on companies that fail to follow guidelines under the countrys AI law, a proposal that comes amid rising concerns about the proliferation of deepfake content and unauthorized use of copyrighted material created by generative AI systems.　　While Japan has existing rules to tackle AI misuse under the Act on Promotion of Research and Development, and Utilization of Artificial Intelligence-related Technology, a panel within the LDP focusing on AI and Web3 said these lack strong enforcement, making it difficult for authorities to act against operators who ignore requests for information or those who fail to address harmful outputs, UPI reported, citing details gathered by South Korean media outlet Asia Today.　　The East Asian country unveiled the Act on Promotion of Research and Development, and Utilization of Artificial Intelligence-related Technology, an AI framework, in September 2025 to support AI innovation while giving authorities the power to investigate cases where the technology may harm peoples rights.　　Building on these regulatory efforts, the panel

04-30Industry

Farages 5M£ Gift Crisis from Crypto Billionaire

Crypto　　Farages 5M£ Gift Crisis from Crypto Billionaire　　Reform UK leader Nigel Farage received a gift of approximately £5 million from crypto billionaire Christopher Harborne. This money was transferred to his account just before he announced his candidacy for Clacton MP. According to The Guardian, this development has caused a storm in British politics. The Conservative Party leader has taken the matter to the Parliamentary Standards Committee, while the Labour Party accused Farage of breaching House of Commons rules. Farage confirmed the payment to the Daily Telegraph, stating it was for lifetime security following the 2019 milkshake attack and last years firebomb incident. A Reform UK spokesperson described it as a personal and unconditional gift.　　Christopher Harborne: Owner of 12% Stake in Tether　　Thailand-based entrepreneur Harborne owns a 12% stake in stablecoin giant Tether. He made the payment in 2024. Reform UK argued that the gift was independent of the MP decision and that declarations comply with rules. House of Commons rules require declaring benefits received in the 12 months before election. The party classifies it under personal gift exemptions. Harborne also provided the largest individual support to Reform UK with a £9 million donation. Crypto figures like BitMEX founder Ben Delo also contributed.　　Reform

04-30Industry

Silver: Downside risks grow after failed rally – OCBC

Finance　　Silver: Downside risks grow after failed rally – OCBC　　OCBC strategists Sim Moh Siong and Christopher Wong report that Silver has extended its pullback toward USD71/oz after a failed break above USD80 in mid-April, with higher Brent, hawkish rate repricing and a firmer US Dollar (USD) weighing on non-yielding metals. Technicals have turned bearish, with a rising wedge pattern and support at USD70 and USD63, where a break could trigger a deeper decline toward USD50.　　Bearish momentum with key supports below　　“Silver extended its pullback this week, sliding toward USD71/oz as the failed break above USD80 earlier in mid-April gave way to position trimming. The move reinforces the sense that silvers rally had become stretched and macro environment has also turned less friendly.”　　“Higher oil prices, with brent near USD120/bbl keeps inflation concerns alive, while hawkish repricing in rates and a firmer USD reduced appetite for non-yielding metals. Silvers weakness also reflected its industrial beta in which markets may be less willing to chase while growth risks and PV-related demand uncertainty remain in focus. ”　　“Near term, momentum looks fragile, though dips may still find some support from the broader deficit narrative and physical investment demand. On a technical note, silver was last seen at

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