Powell: US economy growing at solid pace despite Iran war energy shock

Tech  Powell: US economy growing at ‘solid pace’ despite Iran war energy shock  Federal Reserve Chair Jerome Powell said the US economy has been expanding at a “solid pace” amid the Iran war energy shock, with consumer spending and data center investment holding strong. On Polymarket, the odds of no change in Fed interest rates after the July 2026 meeting sit at 85.5%, while a 25 bps rate cut after the June 2026 meeting trades at just 3.6%.  Powells characterization of growth as “solid” reduces the case for rate cuts and both the Fed Decision June market and Fed Decision July market reflect that. The July no-change contract at 85.5% and the June cut contract at 3.6% show traders pricing in a Fed that stays put. Combined volume across these markets is $506,803 in actual USDC traded.  The 85.5% odds on no July rate change tell a specific story: traders believe the Iran war energy shock has been less damaging to the US economy than feared, and that Powells assessment of consumer spending and data center investment strength is accurate. A Fed that sees “solid” growth has little reason to ease.  At 3.6¢, a YES share on a June 2026 rate cut pays $1 if

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Polymarket Denies Alleged Data Breach Amid Dark Web Leak Claims

Tech  Polymarket Denies Alleged Data Breach Amid Dark Web Leak ClaimsOne may obtain the data for free using its APIs instead of paying for it, the prediction market platform stated.The hacker group xorcat said in their post that they had obtained over 300,000 data, 10,000 of which were user profiles complete with usernames, photos, base addresses, and proxy wallets.  There have been rumors circulating that a hacker on the dark web leaked what they said was a treasure mine of confidential user information from Prediction markets platform Polymarket, but the company has disputed the claims.  On Tuesday, numerous X accounts that monitor the dark web—including cybersecurity firm Vecert Analyzer—shared pictures from DarkForums showing a hacker posing as “xorcat” and claiming to have compromised Polymarket.  Data Already Accessible Onchain  The hacker group xorcat said in their post that they had obtained over 300,000 data, 10,000 of which were user profiles complete with usernames, photos, base addresses, and proxy wallets. Polymarket condemned the data breach allegations as “complete and utter nonsense” and said that the hackers provided information is already accessible online.  Many in the cryptocurrency field were on high alert in April after a dramatic increase in breaches and attacks using cryptocurrency. Web3 projects lost $482 million

04-30

Brazil Senate rejects Lulas Supreme Court nominee, impacting 2026 election strategy

Brazil‘s Senate rejected President Luiz Inácio Lula da Silva’s nominee for the Supreme Court, a direct setback for his administration ahead of the 2026 presidential election. The market for Tarcísio de Freitas winning the 2026 Brazilian presidential race has not yet updated with new odds.  Market reaction  The market for Tarcísio de Freitas‘ potential victory is currently inactive, with no significant volume or price moves recorded. Traders appear to still be processing the implications of the Senate vote. The rejection weakens Lula’s hand in shaping the judiciary, which in Brazilian politics frequently decides major constitutional and policy disputes.  Why it matters  The failed nomination exposes cracks in Lulas Senate coalition with the October 2026 election approaching. The Supreme Court in Brazil rules on everything from electoral disputes to economic policy, so losing a seat appointment is not just symbolic. If Lula cannot hold his coalition together on judicial nominations, his ability to pass legislation and project strength as a candidate comes into question. Opposition figures like Tarcísio de Freitas benefit directly from that perception of weakness.  What to watch  A potential 15% movement in Tarcísio de Freitas‘ odds would represent a meaningful recalibration for traders. Key signals to monitor: whether Lula attempts another nominee and how

04-30

Meta (META) starts stablecoin payout to creators in Circles USDC on Polygon, Solana via Stripe

Meta (META), the social media giant behind Facebook and Instagram, has started to offer stablecoin payout to creators, signaling a return to crypto-powered payments years after shelving its Libra project.  The feature is currently available to a limited group of creators in Colombia and the Philippines, according to a Meta website. Eligible users can link a crypto wallet and receive payouts in Circles USDC token on the Solana or Polygon blockchain networks.  The service is supported by payments firm Stripe, which will provide crypto-related reporting for users. Creators may receive tax documents from both Meta and Stripe tied to their earnings and digital asset transactions. A Stripe spokesperson confirmed the companys involvement to CoinDesk.  “Businesses can now send stablecoin payouts directly to customers using Link,” said Jay Shah, head of Link at Stripe, referring to the company‘s customer checkout service. “We’re already partnering with Meta so their creators can receive stablecoins in their Link wallets in countries like the Philippines and Colombia.”  The news comes after Meta sought the help of third-party vendors to administer stablecoin payments on its platforms, with Stripe among the leading contenders for the integration, CoinDesk reported in February.  The move puts Meta, with over 3 billion users across its social

04-30

A $2,000 Early Position in Ozak AI Could Surpass $600,000 If Upper-Range Forecasts Play Out Over the Next 36 Months.

Ozak AI is becoming one of the list‘s top AI-based tokens. The Ozak AI’s presale momentum demonstrates how the token is being widely accepted by institutional and retail investors worldwide. The early investors who joined the Ozak Presale Phase have been making enormous profits. Because of its advanced AI technology and Massive Presale growth, analysts predict that Ozak AI could yield a huge return on investment. In the next 36 months, the $2000 investment could grow to a massive $600,000.  Presale Performance: Rapid Funding Growth Positions Ozak AI as a Breakout AI Token  The Ozak AI is currently priced at $0.014 in its7th Presale Phase. Ozak AI, which is an early-stage AI-based token, has gained 14x growth from the initial phase, which was launched at $0.001. This level of growth has been reached by the token in a short period of time. The Token has raised over $5.10 million in Presale funding, and over 1.17 billion OZ tokens have been sold so far. The previous 6th Presale Phase has sold $6.9 million worth of OZ tokens. The Token has already delivered the 1300% increase for the early investors who entered the initial launch Phase and 16.6% increase from the previous phase. The

04-30

The ‘tokenization of everything’ is no longer a theory

For a decade, the crypto industry has gathered at Consensus to discuss what was coming next. This year, something different is happening. The future has started arriving.  Real-world assets are being minted onchain. Stablecoins are quietly becoming the connective tissue of global commerce. Prediction markets are turning probability into a tradable asset class. The institutions that once dismissed all of this – Morgan Stanley, Nasdaq, the NYSE, DTCC, SWIFT, Franklin Templeton – are now sending their senior people to Miami to talk about how they fit in.  When Consensus 2026 convenes May 5–7 at the Miami Beach Convention Center, it won‘t feel like a conference about crypto’s potential. It will feel like a summit about what happens next now that crypto‘s promise has become the financial industry’s new reality.  The institutions have landed  For years, traditional finance circled the crypto industry from a cautious distance. That distance has collapsed.  The 2026 speaker roster reads like a who‘s-who of institutional legitimacy: Mastercard, PayPal, T. Rowe Price, Nasdaq, NYSE, Morgan Stanley, SWIFT, and DTCC alongside crypto’s foundational builders. The sponsor list tells the same story: JPMorgan, Fidelity, Coinbase, Google, Bridge by Stripe, Broadridge, Circle, Grayscale, FTSE Russell and more. These are not exploratory delegations. They are bets.  “Consensus

04-30

Hong Kong Central Bank Flags Fake HSBC Tokens Circulating Ahead of Launch

Tech  Hong Kong Central Bank Flags Fake HSBC Tokens Circulating Ahead of LaunchHong Kong warned unauthorized tokens are misusing names of licensed issuers.HSBC and Anchorpoint denied links to tokens labeled HKDAP and HSBC.Users should rely on official announcements as regulated issuance has not begun.  Hong Kong Flags Misuse of Issuer Names  Hong Kongs central bank warned on April 28, 2026, that unauthorized claims are emerging around licensed issuers, with HSBC among the names being misused. The Hong Kong Monetary Authority said the tokens are not connected to licensed issuers. The alert comes before any regulated have been issued in the market.  The warning cited statements from The Hongkong and Shanghai Banking Corporation (HSBC) Limited and Anchorpoint Financial Limited. The Hong Kong Monetary Authority said the launched tokens have no issuer backing from licensed firms. The central bank emphasized:  “Tokens with tickers ‘HKDAP’ or ‘HSBC’ have been launched, but they are not issued by or otherwise associated with licensed issuers.”  The monetary authority also confirmed that regulated issuance has not started, stating: “As of this moment, both licensed issuers have confirmed that they have not issued any regulated in the market.”  HSBC Timeline Highlights Gap Before Regulated Issuance  HSBC also issued a statement on April 28 that gives a

04-30

276 Arrested as Global Operation Topples Crypto Scam Compounds

At least 276 individuals have been arrested, and 9 crypto scam centers dismantled following a coordinated international effort.   The crackdown was the result of cooperation among the Federal Bureau of Investigation, Dubai Police, and the Chinese Ministry of Public Security.  Authorities Charge Six in Global Crypto “Pig-Butchering” Takedown  According to the official release, Dubai Police arrested 275 of the suspects. The Royal Thai Police arrested an additional defendant.  Moreover, federal prosecutors charged six defendants with federal fraud and money laundering. The six accused allegedly managed, worked at, or recruited for companies that ran scam centers.  The compounds preyed on American victims, who collectively lost millions of dollars to such schemes. All six defendants are accused of orchestrating crypto investment scams commonly referred to as “pig-butchering.”  A pig-butchering scam is a fraud where criminals build a fake romantic or friendly relationship online over weeks or months. They then lure victims into investing in fraudulent crypto or trading platforms, and then take everything.  US Attorney Adam Gordon framed the operation as a turning point for cross-border fraud enforcement.  “These scammers thought they were safe half a world away. But their world has changed. Global crime now faces global justice,” he said.  The arrests follow a broader push by the US

04-30

US Dollar Index holds steady after Fed hold, traders await US GDP and PCE data

Finance  US Dollar Index holds steady after Fed hold, traders await US GDP and PCE data  The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 98.95 during the Asian trading hours on Thursday. The DXY steadies following a hawkish hold from the US Federal Reserve (Fed).  The US central bank on Wednesday kept the key interest rate in a range between 3.50% and 3.75%. The Feds 8–4 decision to leave the rate unchanged was its most divided since 1992, drawing three dissents from officials who no longer think the bank should communicate a bias towards easing.  In his final meeting as Chair before his term ended on May 15, Jerome Powell warned that near-term inflation expectations are rising. Powell further stated that he would stay on the Board of Governance for an indefinite period, even after his chairmanship ends.  Markets are now pricing in nearly a 55% probability of a Fed rate hike by April 2027, sharply up from roughly 20% before the decision, according to Reuters.  Traders will take more cues from the preliminary reading of the US Gross Domestic Product (GDP) for the first quarter (Q1) and

04-30

Powell: US economy growing at solid pace despite Iran war energy shock

Federal Reserve Chair Jerome Powell said the US economy has been expanding at a “solid pace” amid the Iran war energy shock, with consumer spending and data center investment holding strong. On Polymarket, the odds of no change in Fed interest rates after the July 2026 meeting sit at 85.5%, while a 25 bps rate cut after the June 2026 meeting trades at just 3.6%.  Powells characterization of growth as “solid” reduces the case for rate cuts and both the Fed Decision June market and Fed Decision July market reflect that. The July no-change contract at 85.5% and the June cut contract at 3.6% show traders pricing in a Fed that stays put. Combined volume across these markets is $506,803 in actual USDC traded.  The 85.5% odds on no July rate change tell a specific story: traders believe the Iran war energy shock has been less damaging to the US economy than feared, and that Powells assessment of consumer spending and data center investment strength is accurate. A Fed that sees “solid” growth has little reason to ease.  At 3.6¢, a YES share on a June 2026 rate cut pays $1 if it resolves, a 27.8x return. That payout is large, but Powells

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