Crypto Industry News & Market Trends

Israeli Regulators Approve Shekel Stablecoin in Notable Regulatory Signal

Tech　　Israeli Regulators Approve Shekel Stablecoin in Notable Regulatory Signal　　Israel‘s Capital Market, Insurance and Savings Authority (CMISA) has granted full regulatory approval to BILS, a shekel-pegged stablecoin developed by Bits of Gold – Israel’s licensed crypto broker and custodian – following a two-year pilot conducted on the Solana blockchain under the regulator‘s sandbox framework, marking the conclusion of a process that began formally with the Bank of Israel’s 2023 discussion paper on stablecoin principles.　　This is not simply the launch of a domestically useful payment token. It is evidence of a deliberate structural pattern – jurisdictions with mature financial regulators are now moving to anchor stablecoin issuance to local-currency rails, establishing compliant alternatives to dollar-denominated tokens before the network effects of USD-pegged instruments become structurally irreversible.　　Source: ICM　　We suspect the timing of CMISA‘s approval is not incidental. With the global stablecoin market capitalization exceeding $320 billion at the time of approval – overwhelmingly concentrated in USDT and USDC – regulators in smaller reserve-currency jurisdictions face a narrowing window in which to establish local-currency stablecoin infrastructure before dollar-denominated settlement becomes the de facto standard for on-chain commerce. Israel’s approval is, in that sense, a calibrated preemptive move as much as it is a domestic

04-28Industry

Israeli Regulators Approve Shekel Stablecoin in Notable Regulatory Signal

Israel‘s Capital Market, Insurance and Savings Authority (CMISA) has granted full regulatory approval to BILS, a shekel-pegged stablecoin developed by Bits of Gold – Israel’s licensed crypto broker and custodian – following a two-year pilot conducted on the Solana blockchain under the regulator‘s sandbox framework, marking the conclusion of a process that began formally with the Bank of Israel’s 2023 discussion paper on stablecoin principles.　　This is not simply the launch of a domestically useful payment token. It is evidence of a deliberate structural pattern – jurisdictions with mature financial regulators are now moving to anchor stablecoin issuance to local-currency rails, establishing compliant alternatives to dollar-denominated tokens before the network effects of USD-pegged instruments become structurally irreversible.　　Source: ICM　　We suspect the timing of CMISA‘s approval is not incidental. With the global stablecoin market capitalization exceeding $320 billion at the time of approval – overwhelmingly concentrated in USDT and USDC – regulators in smaller reserve-currency jurisdictions face a narrowing window in which to establish local-currency stablecoin infrastructure before dollar-denominated settlement becomes the de facto standard for on-chain commerce. Israel’s approval is, in that sense, a calibrated preemptive move as much as it is a domestic fintech milestone.　　DISCOVER: Best Crypto to Buy Right Now　　BILS

04-28Industry

Here’s How Much Jeopardy’s Jamie Ding Could Take Home—After 31 Game Winning Streak

Jeopardy contestant Jamie Ding‘s streak of 31 consecutive wins ended on Monday night, the fifth-best run in the game show’s history, with a final winning prize of more than $880,000, although he is likely to take home a much smaller payout after taxes and deductions.　　Getty Images　　Key Facts　　Dings run ended with him winning $882,605 in total.　　The winnings will first be subject to a mandatory federal withholding of 24%, which will be approximately $211,825.　　If he filed in the top bracket, Ding would be taxed at a marginal rate of 37%, bringing his total federal liability to around $276,564—although this includes the 24% withholding.　　Ding is a New Jersey resident, but since California taxes non-residents on income sources from the state, he‘ll likely end up with a state tax bill of $89,731.52 under the state’s 12.3% top progressive rate.　　When filing in his home state, he can claim a credit for the tax paid in California, so hell owe New Jersey zero state tax.　　After deducting both the federal and state taxes, Ding will take home $516,309.38 of his total winnings.　　Big Number　　74. That is the length of the longest winning streak in Jeopardy history, a record that is held by the shows current host, Ken Jennings.　　Key

04-28Industry

XRP Ledger Bounces by 20% in Key Payments Metric, Markets New Weeks Reversal

Tech　　XRP Ledger Bounces by 20% in Key Payments Metric, Markets New Weeks Reversal　　With a discernible increase in on-chain activity, XRP is starting the new week with early indications of stabilization. The quantity of payments made between accounts, one of the important metrics, has increased by about 20% following a precipitous drop in the preceding phase.　　XRPs direction　　This change implies that network usage is starting to pick up steam following a period of contraction, but it does not by itself signify a complete recovery. Payment volume, however, exhibits a comparable pattern. The most recent data points show that activity is no longer collapsing after multiple spikes and a cooldown. Rather, there is a slight upward bias as it levels out.　　XRP/USDT Chart by TradingView　　This is significant because XRPs extended decline coincided with earlier weakness in these metrics. Price and network activity are currently beginning to rebalance. In the larger context of the price chart, XRP is still under pressure. The long-term trend has not reversed, and the asset is still trading below major moving averages.　　Hyperliquid (HYPE) Regains 101% in Weekly Futures, Ethereum (ETH) Suddenly in Downtrend, Bitcoin (BTC) Has 1 Week Left: Crypto Market Review　　Ethereum Nears 190 Million Holders, What About XRP？　　Decline slows

04-28Industry

Bulls want the bitcoin (BTC) price above $80,000. Macro says not so fast: Crypto Daily

Bitcoin pulled back to $76,500 from above $79,000 earlier this week, stalling the rally from late-March lows below $65,000. Those expecting a swift return to form may want to take note that recent economic releases do not support a big bullish move.　　The most important is the University of Michigans Survey of Consumers, which showed the consumer sentiment index falling to an all-time low of 49.8 this month, largely driven by inflationary pressures tied to the Iran conflict.　　Inflation expectations also moved sharply higher, with the one-year gauge surging to 4.8% in April from 3.8% the previous month. Long-term expectations (five to 10 years) have risen to 3.5%, the highest reading since October 2025.　　Inflation expectations can become self-fulfilling, which is why central banks like the Federal Reserve monitor them closely and try to anchor them. The sharp rise, therefore, could limit the Feds ability to signal interest-rate cuts or liquidity easing in the near term, as additional monetary easing risks reinforcing inflationary pressures. That hawkish tilt could, in turn, cap upside or slow gains in BTC and other risk assets.　　“For the Federal Reserve, the long-term expectations move is the more dangerous data point. It is the variable the central bank watches most

04-28Industry

Ethereum price prediction as whales signal dumping ETH in mass

Ethereum (ETH) is facing potential new selling pressure after whales moved significant volumes of the cryptocurrency to major exchanges.　　In this line, blockchain tracking data shows that two wallets linked to Galaxy Digital transferred a combined 45,000 ETH, valued at approximately $104 million, to Binance, Bybit, and OKX within 15 hours.　　The transactions were executed in multiple tranches, ranging from about 1,500 ETH to 15,000 ETH per transfer, according to insights shared by on April 28.　　Its worth noting that transfers to centralized exchanges are often seen as a signal that assets may soon enter the market, as traders move funds to access liquidity.　　While it remains unclear whether the ETH will be sold immediately, the scale and speed of these transfers have caught investors attention.　　Large exchange inflows can boost short-term supply and weigh on prices if selling follows. As a result, the latest whale activity has added to cautious sentiment in an already sensitive crypto market, where large transactions often drive volatility.　　Whats next for Ethereum price　　Regarding the price outlook, on-chain data suggests Ethereum is nearing a key technical point. According to analytics shared by crypto analyst Ali Martinez on April 28, ETH is trading within a crucial support range of $2,277 to $1,980.　　This

04-28Ethereum

BNB Chain Activates Osaka/Mendel Hard Fork: Faster Finality, Predictable Gas, and Enhanced Stability

Dubai, UAE, 28th April 2026, Chainwire　　[PRESS RELEASE – Dubai, UAE, April 28th, 2026]　　BNB Chain today announced the successful activation of the Osaka/Mendel hard fork, a targeted network upgrade comprising nine BNB Evolution Proposals (BEPs). The upgrade combines six selected Ethereum EIPs with two BNB Chain-specific improvements, all chosen for their proven impact on execution efficiency, stability, and usability under real-world conditions.　　Building on the performance gains introduced by the Fermi and Maxwell upgrades, Osaka/Mendel refines how the network behaves when blocks are produced in under a second. By addressing small inefficiencies that become critical at high throughput – such as gas spikes, heavy computation, and inconsistent execution, the upgrade delivers more predictable gas pricing, tighter execution limits, and faster, more reliable transaction finality.　　Key enhancements include:More predictable gas and execution: Upper bounds on computationally heavy operations (including modular exponentiation), caps on per-transaction gas limits, and refined gas cost schedules that better reflect actual resource usage. These changes reduce unexpected behavior for developers and ensure consistent transaction outcomes for users, even during periods of peak activity.Small but powerful engine improvements: Introduction of the CLZ opcode for counting leading zeros, providing developers with a more efficient low-level tool without altering application-level behavior.Stable blocks under

04-28Industry

Bitcoin Price Drops as $263M Leaves US Spot ETFs

Bitcoin　　Bitcoin Price Drops as $263M Leaves US Spot ETFs　　Fidelity‘s FBTC led withdrawals with $150 million, followed by Grayscale’s GBTC and ARKB. Market sentiment also weakened, with the Crypto Fear & Greed Index moving back into Fear after briefly reaching Neutral. Despite the short-term pullback, institutional demand in April remained strong.　　Bitcoin ETF Momentum Fades　　Bitcoin came over the past 24 hours after slipping below the $77,000 level. Price action suggests BTC traded near the upper $77,000 range before briefly pushing above $78,000, only to face sharp selling that toward the mid-$76,000 area.　　Although buyers tried several recoveries throughout the session, each bounce was limited, which left Bitcoin trading in a choppy range.　　That softer price action coincided with a shift in investor flows into US-listed exchange-traded funds. After nine consecutive sessions of net inflows, these ETFs recorded $263 million in on Monday. This was their first meaningful pause in institutional buying momentum since mid-April.　　The reversal happened after a positive stretch where approximately $2.1 billion entered spot Bitcoin funds from April 13 onward. This helped support a roughly 10% rise in BTC over the same period.　　The largest share of Monday‘s withdrawals came from Fidelity’s Wise Origin Bitcoin Fund, which saw around $150 million leave the

04-28Industry

ZetaChain Halts Cross-Chain Transactions amid Contract Attack

Tech　　ZetaChain Halts Cross-Chain Transactions amid Contract AttackZetaChain paused mainnet cross-chain transfers after its GatewayEVM contract was attacked.The team said only internal wallets were affected, with no user funds impacted.The exploit was due to missing access controls in the GatewayEVM contract call function.　　ZetaChain paused cross-chain transactions on mainnet after an attack hit its GatewayEVM contract. The team said the incident affected only internal ZetaChain team wallets. No user funds were impacted. The attack path has been blocked, and further losses are not expected.　　Cross-chain transfers remain paused while the investigation continues. ZetaChain said a full post-mortem will be released after the review is complete.　　Attack Hit GatewayEVM Contract　　GatewayEVM is the contract layer that connects external EVM chains with apps running on ZetaChain. It acts as the entry point for cross-chain actions between networks. Because of that role, any weakness in the contract can affect asset movement across chains.　　Blockchain security firm SlowMist said early findings point to a vulnerability in the call function of the GatewayZEVM contract. According to the analysis, the function lacked proper access control and input checks, which allowed any user to trigger malicious cross-chain calls.　　Those calls were then picked up by the relayer system and executed on target chains, giving

04-28Industry

Bitcoin 2026 opens to empty seats, protests, awkward moments

Nakamoto (Nasdaq:NAKA). May 2025-present. Source: TradingViewSecurity incident with a Samourai fan favorite　　Broadly supported by the Bitcoin community, Lauren Rodriguez is the wife of Keonne Rodriguez. Her husband is serving a five-year prison sentence for pleading guilty of conspiracy to operate an unlicensed money‑transmitting business involving Samourai Wallet.　　According to her characterization of events, security escorted her out of the conference “for holding #FreeSamourai signs,” tagging conference founder David Bailey.　　Support for Samourai is widespread in the Bitcoin and wider crypto communities. Indeed, the conference organizer had scheduled Rodriguez to appear that same afternoon on a main stage panel entitled “The Wives & Mothers Carrying the Fight Against Injustice.”　　Baileys staff later remedied the situation, with Lauren thanking organizers for “resolving the issue with security.” However, the initial media damage was immediate, with 140,000 views on X of her initial complaint.　　‘No longer prosecute Bitcoin developers’　　Back at the main stage, within minutes of a cagey and heavily qualified statement by Acting US Attorney General Blanche, Pete Rizzo breathlessly broadcasted to his followers that the “US Attorney General just said they will no longer prosecute #bitcoin developers… Samourai devs about to be free.”　　That was an incredible characterization. In fact, Blanche had said nothing about freeing Samourai

04-28Industry

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