Crypto Industry News & Market Trends

59,364,323 RLUSD Burned on XRP Ledger as Month-End Activity Ramps Up

Within the last 24 hours, more than 59 million Ripple USD tokens were burned at the RLUSD treasury on the XRP Ledger.　　A trend of increasing RLUSD activity is usually spotted at the months end. Along these lines, burn and minting activity has revolved around more than 118 million RLUSD tokens in the last 24 hours.　　Ripple Stablecoin Tracker, which tracks RLUSD activity on the XRP Ledger and Ethereum blockchain, reported three transactions in the last 24 hours.　　You Might Also Like　　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？　　This activity was performed on the XRP Ledger: 59,364,323 RLUSD was burned at the RLUSD Treasury after its earlier mint. The other two transactions are 59,364,323 RLUSD minted at RLUSD Treasury and 10,000,022 RLUSD minted at RLUSD Treasury.　　RLUSD month-end activity ramps up　　Vet, an XRP validator, highlights a trend of increasing activity for RLUSD toward the months end.　　In a tweet, Vet noted that the RLUSD mint/burn pattern is holding up, highlighting increased issuer activity on the XRP Ledger as the month wraps up. Vet believes that Aprils surge in month-end activity is yet to be seen,

04-28Industry

Block Expands Bitcoin Push With New Bitkey Wallet and More

Block debuted a new Bitkey hardware wallet with a touchscreen and 2-of-3 multisig design.Cash App now offers auto-Bitcoin conversion, 5% BTC rewards, and higher withdrawal limits.Block introduced Proof of Reserves covering treasury, Cash App, and Square BTC holdings.　　Jack Dorseys Block rolled out a broad Bitcoin product push, centered on a new Bitkey hardware wallet, upgraded Cash App Bitcoin tools, public Proof of Reserves, and new merchant payments through Square.　　Dorsey said in a post on X, “Bitcoin is money,” implying that the cryptocurrency should be used as money, not held only as a long-term asset.　　Dorsey has backed that view for years, and Blocks latest releases move the company deeper into custody, payments, and daily Bitcoin use.　　Bitkey Wallet Launch Targets Self-Custody Simplicity　　Block announced a new Bitkey hardware wallet with a secure touchscreen. The screen is used to verify transactions and approve security settings directly on the device.　　This changes a common weakness in many wallets, where signing happens on one device but key settings are handled elsewhere. Block said Bitkey keeps both transaction approval and security controls inside the hardware.　　Bitkey still runs on a 2-of-3 multisignature model. It removes seed phrases, includes inheritance planning, and keeps a privacy-focused design.　　Preorders opened immediately with shipping

04-28Industry

Injective (INJ) Price Eyes Breakout as Mainnet Upgrade Gains Momentum

Tech　　Injective (INJ) Price Eyes Breakout as Mainnet Upgrade Gains Momentum　　The post Injective (INJ) Price Eyes Breakout as Mainnet Upgrade Gains Momentum appeared first on Coinpedia Fintech News　　Injective (INJ) price is showing early signs of stabilization after a prolonged downtrend, with selling pressure beginning to ease near key support levels. While the broader structure remains cautious, recent price action suggests the market is attempting to build a base rather than extend losses.　　This comes as Injective moves closer to a scheduled mainnet upgrade, a catalyst that could influence both network performance and token demand. With price compressing near resistance and sentiment gradually improving, INJ is now approaching a decisive phase.　　Injective Mainnet Upgrade: Utility Improves, Buyback Adds Demand Layer　　Injectives approved mainnet upgrade, expected around April 28, brings both technical improvements and a shift in token economics.　　The upgrade focuses on improving execution efficiency and optimizing on-chain modules, making the network more reliable for DeFi and trading use cases. Alongside this, the introduction of INJ token buybacks creates a direct demand mechanism tied to protocol activity. This adds a structural support layer for the token, but price action indicates the market is still waiting for confirmation rather than pricing it aggressively.　　INJ Price Analysis: Compression Builds

04-28Industry

Fed: ChatGPT Reduced Programmer Employment by 50%

Fed Researchs Counterfactual Analysis　　In 2022, interest rate hikes, the end of the post-pandemic digital boom, and the crypto crash shook the tech sector; critics attributed the slowdown to these factors. Leland D. Crane and Paul E. Soto constructed a counterfactual scenario keeping industry shares constant to isolate these effects and found that programmer employment contracted by 3% per year. No similar decline was observed in occupations not exposed to AI. Spread over three years, the difference amounts to about 500,000 jobs, but the authors describe it not as direct losses but as missed expansion opportunities. The employment gap became evident 18 months after ChatGPT, in mid-2024; companies appear to have waited until they tested and trusted the capabilities of large language models.　　Programmers Are the Most AI-Impacted Profession　　Programmers stand out as the most AI-impacted profession in the country; Anthropic data confirms that coding, debugging, and software architecture account for one-third of conversations and half of enterprise traffic. Studies like the Harvard research show that as companies adopt generative AI, junior developer roles declined by 9-10% over six quarters, while seniors were unaffected. Figures like Dario Amodei say one-fifth of intern positions could disappear, potentially affecting the college premium, upward mobility, and

04-28Industry

Silver price today: falls on April 28

Finance　　Silver price today: falls on April 28　　Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data. Silver trades at $73.42 per troy ounce, down 2.78% from the $75.52 it cost on Monday.　　Silver prices have increased by 3.29% since the beginning of the year.Unit measureSilver Price Today in USDTroy Ounce73.421 Gram2.36　　The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, stood at 63.01 on Tuesday, up from 62.01 on Monday.

04-28Industry

Injective (INJ) Price Eyes Breakout as Mainnet Upgrade Gains Momentum

Tech　　Injective (INJ) Price Eyes Breakout as Mainnet Upgrade Gains Momentum　　The post Injective (INJ) Price Eyes Breakout as Mainnet Upgrade Gains Momentum appeared first on Coinpedia Fintech News　　Injective (INJ) price is showing early signs of stabilization after a prolonged downtrend, with selling pressure beginning to ease near key support levels. While the broader structure remains cautious, recent price action suggests the market is attempting to build a base rather than extend losses.　　This comes as Injective moves closer to a scheduled mainnet upgrade, a catalyst that could influence both network performance and token demand. With price compressing near resistance and sentiment gradually improving, INJ is now approaching a decisive phase.　　Injective Mainnet Upgrade: Utility Improves, Buyback Adds Demand Layer　　Injectives approved mainnet upgrade, expected around April 28, brings both technical improvements and a shift in token economics.　　The upgrade focuses on improving execution efficiency and optimizing on-chain modules, making the network more reliable for DeFi and trading use cases. Alongside this, the introduction of INJ token buybacks creates a direct demand mechanism tied to protocol activity. This adds a structural support layer for the token, but price action indicates the market is still waiting for confirmation rather than pricing it aggressively.　　INJ Price Analysis: Compression Builds

04-28Industry

Fed: ChatGPT Reduced Programmer Employment by 50%

Fed Researchs Counterfactual Analysis　　In 2022, interest rate hikes, the end of the post-pandemic digital boom, and the crypto crash shook the tech sector; critics attributed the slowdown to these factors. Leland D. Crane and Paul E. Soto constructed a counterfactual scenario keeping industry shares constant to isolate these effects and found that programmer employment contracted by 3% per year. No similar decline was observed in occupations not exposed to AI. Spread over three years, the difference amounts to about 500,000 jobs, but the authors describe it not as direct losses but as missed expansion opportunities. The employment gap became evident 18 months after ChatGPT, in mid-2024; companies appear to have waited until they tested and trusted the capabilities of large language models.　　Programmers Are the Most AI-Impacted Profession　　Programmers stand out as the most AI-impacted profession in the country; Anthropic data confirms that coding, debugging, and software architecture account for one-third of conversations and half of enterprise traffic. Studies like the Harvard research show that as companies adopt generative AI, junior developer roles declined by 9-10% over six quarters, while seniors were unaffected. Figures like Dario Amodei say one-fifth of intern positions could disappear, potentially affecting the college premium, upward mobility, and

04-28Industry

InterLink Labs Launches Visa Card Powered by HPX to Expand Real-World Crypto Payments

InterLink Labs, in its latest announcement, has taken another stride forward into mainstream crypto by releasing its Visa card, which is driven by a collaboration with HPX.　　The partnership strives to connect digital to real life payments, an aspect that will provide users with an easier option to spend crypto around the world. As stated in the announcement, the InterLink Visa Card allows flawless activation and operations on a variety of platforms.　　Bridging Crypto and Everyday Spending　　The integration will provide help on how crypto can be utilized outside of trading or holding. The digital assets that users have can now be linked directly to a payment card, which is valid across the global Visa network. This will enable crypto holders to shop in the real world without having to first manually convert assets.　　InterLink Labs noted that the development makes the payment capability closer to the users in the real world. The idea is to make the payment procedure fast and easy but still in a flexible manner that crypto provides.　　The company could make crypto shift away from being a purely speculative instrument and transform it into an effective financial instrument by allowing direct usage.　　Role of HPX in the Ecosystem　　HPX has a key

04-28Industry

Aave (AAVE) Suffers Historic Liquidity Freeze After rsETH Exploit

A forged LayerZero message targeting Kelp DAO on April 18, 2026, drained 116,500 rsETH ($292 million) and triggered the largest liquidity freeze in Aave‘s history. Within two hours, WETH liquidity on Aave V3 collapsed from $689 million to just $1.5 million. The protocol’s total available liquidity contracted by 41%, falling from $9.77 billion to $5.75 billion in 29 hours.　　The attacker exploited a vulnerability in Kelp DAO‘s rsETH Omnichain Fungible Token (OFT) adapter, using compromised LayerZero verifier nodes to forge a cross-chain message. The stolen rsETH was looped as collateral across Aave, Compound, and Euler, netting $236 million in WETH and wstETH before Kelp DAO paused operations. Aave’s automated systems functioned as designed, but the attacks scale overwhelmed reserves, driving utilization to 100% and freezing liquidity.　　Liquidity Collapse Stages　　The liquidity squeeze unfolded in five stages:Pre-event baseline (17:00 UTC): Aaves total available liquidity stood at $9.77 billion.Exploit window (18:00-19:00 UTC): Liquidity dropped $1.56 billion (-16%). WETH reserves plummeted by 99.8%.rsETH freeze to WETH freeze (19:00-03:00 UTC): Panic borrowing further drained $1.1 billion as USDT and USDC liquidity hit zero.Post-WETH freeze stabilization: The pace of withdrawals slowed, with reserves contracting by $538 million.Continued stabilization: Liquidity fell by $673 million, driven by wstETH and WBTC

04-28Industry

Pi Network price outlook amid Protocol 22 upgrade, ahead of the May Protocol 23 upgrade

Tech　　Pi Network price outlook amid Protocol 22 upgrade, ahead of the May Protocol 23 upgradeProtocol 22 has boosted the scalability of Pi Network ahead of smart contracts in May.Pi must break $0.190 to target $0.2045 and $0.220.Key support at $0.1832 remains crucial for bullish momentum.　　Pi Network (PI) token traded near $0.1893 on April 28 after gaining roughly 5.8% in 24 hours and more than 10% over the past week, reflecting stronger market interest as the network moves through a critical development phase.　　The recent recovery is notable considering the assets all-time low of $0.1312 in February 2026, while still sitting far below its February 2025 peak of $2.99.　　Protocol 22 mainnet upgrade　　Notably, the price surge comes as Pi Network completed its Protocol 22 mainnet upgrade on April 27, a major infrastructure update designed to improve scalability, transaction throughput, and overall network readiness for decentralised applications.　　Protocol 22 is widely seen as a foundational step before the expected Protocol 23 rollout in May, which is projected to introduce smart contracts and expand Pi Networks ecosystem with broader decentralised finance (DeFi) and cross-chain functionality.　　More than 10 billion PI tokens have already migrated to Mainnet, with approximately 6 billion remaining locked.　　This large locked supply continues to

04-28Industry