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In response to Bloomberg's report on CME and ICE pressuring the CFTC regarding Hyperliquid, the Hyperliquid Policy Center, a lobbying organization led by prominent crypto lawyer Jake Chervinsky and funded by the Hyper Foundation, tweeted that the concerns lack basis.The organization stated that Hyperliquid publishes complete on-chain transaction records in real-time, with transparency far exceeding that of traditional exchanges, which serves as a strong deterrent against insider trading and price manipulation, and is beneficial for regulatory agencies and law enforcement to conduct monitoring and investigations.Additionally, Hyperliquid offers 24/7 uninterrupted trading, effectively eliminating price gaps between the opening and closing of traditional markets. The organization acknowledged that current U.S. laws have not yet made specific provisions for on-chain derivatives markets and will continue to work with Washington policymakers to promote the implementation of relevant regulatory frameworks.Previously, the Hyperliquid Policy Center was established on February 18 of this year in Washington, with former Blockchain Association and Variant Chief Legal Officer Jake Chervinsky serving as CEO, receiving a donation of 1 million HYPE from the Hyper Foundation, focusing on promoting a compliant regulatory path for DeFi in the United States.

According to CoinDesk, the American Innovation Project (AIP), a U.S. technology policy advocacy organization, has added two policy researchers, including Jacob Smagula, who has a background in the cryptocurrency industry, to join Congressman Ritchie Torres's team to participate in legislation related to digital assets.It is reported that Smagula previously worked in the government affairs team of the Bitcoin mining company MARA and is currently engaged in policy research at the DeFi Education Fund, possessing experience in communication between the cryptocurrency industry and regulators. AIP was established in 2025 with support from organizations such as the Digital Currency Group, aiming to provide Congress members with professional insights and policy support on emerging technologies like AI and digital assets. This appointment is seen as a signal of further professionalization in U.S. cryptocurrency legislation and regulation.

According to The Block, Gemini's Olympus division has officially obtained a Derivatives Clearing Organization (DCO) license issued by the Commodity Futures Trading Commission (CFTC), allowing it to act as an internal clearinghouse for settlement, risk management, and collateral management without relying on third-party clearing, which is expected to reduce operational costs.Combined with the previously obtained Designated Contract Market (DCM) license, Gemini is now capable of conducting full-stack compliant operations in the fields of futures, options, perpetual contracts, and prediction markets. Currently, Gemini is further applying for a Futures Commission Merchant (FCM) license to complete its full suite of CFTC qualifications and compete directly with Kraken and Coinbase.

Payment giant PayPal officially announced the launch of a strategic reorganization, simplifying its business into three core segments: payment checkout and PayPal, consumer financial services and Venmo, and cryptocurrency and payment services. The cryptocurrency and payment services segment is listed as a core business unit, integrating payment processing, platform capabilities, and cryptocurrency business, including Braintree, payment processing for small and medium-sized merchants, value-added services, and stablecoin PYUSD. Jeff Pomeroy has been appointed as the interim head of this segment.PayPal President and CEO Enrique Lores stated that this reorganization aims to accelerate the execution of long-term growth strategies, simplify decision-making processes, and drive innovation. It will promote sustainable growth by being closer to consumer needs, strengthening collaboration among the three business segments, and enhancing operational efficiency. It is reported that PayPal will provide more details about the new operating model during the earnings call on May 5.

Litecoin disclosed in a post on platform X that a recent zero-day vulnerability had caused a DoS attack, affecting the operation of major mining pools. Mining nodes that were not updated allowed an invalid MWEB (MimbleWimble Extension Block) transaction to be executed, enabling the related tokens to be withdrawn to a third-party DEX.The Litecoin network rolled back these invalid transactions through a reorganization (reorg) of 13 blocks, confirming that they would not be included in the main chain. All valid transactions during this period were unaffected, and the vulnerability has been completely fixed, with network operations restored to normal.

The European Central Bank (ECB) has signed agreements with European Card Payment Cooperation, Nexo Standards, and Berlin Group to reuse existing open payment standards for digital euro transactions, aiming to reduce the system access costs for banks, merchants, and payment service providers.The relevant standards cover contactless payments, connections between merchants and payment service providers, as well as alias payments based on mobile phone numbers. The European Central Bank stated that this move helps to reduce market adoption costs and promotes a unified digital euro user experience in the euro area. Previously, the European Central Bank analyzed that the digital euro could bring about 4 billion to 6 billion euros in costs to EU banks within 4 years.

According to CoinDesk, more than 100 U.S. cryptocurrency companies and industry organizations have written to the Senate Banking Committee, urging the advancement of the Clarity Act for the establishment of a federal regulatory framework for the digital asset market. The signatories include Coinbase, Ripple, Kraken, Andreessen Horowitz, Paradigm, Consensys, and others.Their core demands include clarifying the regulatory division between the SEC and CFTC, protecting developers of non-custodial tools, simplifying information disclosure rules, and avoiding fragmented regulatory standards across states. The signatories stated that if the U.S. continues to lack a comprehensive cryptocurrency regulatory framework, investment, employment, and development activities may flow overseas.

Helius CEO mert posted on platform X, stating that decentralization is essentially "coordination without a central authority." If the cost of coordination is close to zero, then it is effectively centralized; if the cost of coordination is infinitely high, then it technically cannot be called decentralized, as the system would not function properly.mert illustrated this point through a thought experiment: suppose there currently exists a highly decentralized blockchain with hundreds of thousands of nodes running from home, distributed mining power, and token supply. He then proposed another extreme hypothesis—if North Korea could transfer funds from wallet A to wallet B within time T, then this would be equivalent to that chain being able to simultaneously detonate nuclear weapons in most countries around the world.Finally, assuming that the blockchain could successfully freeze the funds in wallet A through a fork without causing mass casualties, would this blockchain still be considered decentralized? mert believes that although humanity can achieve coordination due to the shared incentive of "not dying," this does not mean that the chain is "unorganized." Decentralization is still fundamentally "coordination without a central authority."

OpenClaw founder Peter Steinberger posted on the X platform in response to Anthropic's ban, stating that OpenClaw operates independently and even invited Anthropic and more than ten other companies to join our nonprofit organization. They did not respond, but we have almost successfully attracted the participation of all other companies.

According to CoinDesk, blockchain analytics firm Elliptic stated that the Drift Protocol attack resulted in a loss of $285 million, with "multiple signs" pointing to the North Korean-supported DPRK hacker organization. Elliptic focused on analyzing on-chain behavior, money laundering techniques, and signals at the network level, all of which align with previous state-affiliated attacks.The Elliptic report noted: "If confirmed, this would be the 18th DPRK attack tracked by Elliptic this year, with over $300 million stolen to date." On a technical level, Elliptic described this attack as "premeditated and meticulously planned," with early test transactions and pre-positioned wallets prior to the main attack. After the execution of the attack, the funds were quickly consolidated and transferred across chains, converted into more liquid assets, forming an organized and repeatable money laundering process aimed at obscuring the source of funds while maintaining control.This incident involved over ten types of assets, with funds being transferred across chains from Solana to Ethereum and other chains, further highlighting the importance of cross-chain tracing capabilities. Drift Protocol is the largest decentralized perpetual contract trading platform on the Solana blockchain, and its token has dropped over 40% to approximately $0.06 since the hack.

According to The Street, Goliath Ventures, a cryptocurrency company based in Florida, has filed for Chapter 11 bankruptcy reorganization in the Southern District of Florida.The company is alleged to be linked to a $328 million Ponzi scheme, with over 2,000 victim investors, including Gregory Wilson, who lost approximately $8.74 million, and John Euliano, who lost about $1.28 million. Additionally, plaintiffs have filed a class-action lawsuit against JPMorgan Chase early next month, accusing it of turning a blind eye to suspicious transactions involving Goliath Ventures.Previously, Goliath Ventures' former CEO Christopher Alexander Delgado was arrested for allegedly being involved in the $328 million Ponzi scheme and faces charges of wire fraud and money laundering. Delgado lured victims under the guise of investing in cryptocurrency liquidity pools and promising monthly returns, but the funds were used to pay returns to earlier investors, purchase luxury homes, and finance extravagant activities.

According to U.Today, the Bitcoin network experienced a rare two-block reorganization last night. At height 941880, the network briefly split into two competing chains. AntPool mined block 941881, and ViaBTC subsequently mined block 941882 on the same chain; meanwhile, Foundry USA mined its version of block 941881 and continued to mine its version of block 941882. After Foundry USA continued to mine blocks 941883, 941884, and 941885, the competing chain was broken, and the blocks from AntPool and ViaBTC were discarded as orphan blocks.This reorganization was not an attack or a failure, but rather a normal result of Bitcoin's decentralized consensus mechanism. Single-block reorganizations occur from time to time, but two-block reorganizations are relatively rare, indicating that the tie between the two chains lasted for an entire block cycle. Foundry USA mined seven consecutive blocks from 941879 to 941885.

According to CriptoNoticias, the National Anti-Drug Secretariat of Paraguay (Senad) held a seminar titled "Dismantling Criminal and Terrorist Financial Networks" at the Sheraton Hotel in Asunción in collaboration with the American Bar Association's Rule of Law Initiative and the Higher Institute of the Prosecutor's Office. The aim was to enhance the technical capabilities of law enforcement personnel in identifying and combating criminal organizations that use Bitcoin (BTC) and other cryptocurrencies for money concealment.The seminar focused on analyzing the trend of transnational criminal networks in the tri-border area moving towards digitalization and involved the "Trapiche Operation" case related to financing networks associated with Hezbollah. General Mirko Sokol, the Commander of the Bolivian Police, revealed at the meeting that after the arrest of Uruguayan drug lord Sebastián Marset, no large amounts of cash were found at his residence, and related transactions were primarily conducted through cryptocurrencies.The Paraguayan Tax Authority (DNIT) issued Resolution No. 47/26 on March 11, requiring cryptocurrency trading platforms to report detailed information on each transaction, including wallet addresses, the networks used, and transaction hash values.

Members of the crypto advocacy organization Stand With Crypto have written to the U.S. Senate Banking Committee, urging the protection of decentralized finance development in the advancement of crypto legislation and the retention of provisions that allow trading platforms to offer stablecoin yields.The letter points out that a clear and fair regulatory framework should be established while avoiding the undermining of innovative financial technologies. The current legislative controversy mainly focuses on stablecoin yields and DeFi regulation, with the banking industry concerned that yield mechanisms will divert traditional deposits, while the crypto industry argues that restricting yields will stifle innovation. Additionally, the letter emphasizes the need to retain provisions related to blockchain regulatory certainty legislation, clarifying that developers who do not control user funds are not considered money transmitters. Relevant legislation is still being advanced in the Senate Banking Committee.

According to market news, after the Federal Reserve approved the main account application of the cryptocurrency exchange Kraken, U.S. banking organizations expressed strong opposition, warning that this move could allow cryptocurrency institutions to access the central bank's payment system without the same regulatory protections as traditional banks.The Bank Policy Institute stated that it is "deeply concerned," believing that the Kansas City Fed approved the application before the Federal Reserve finalized the framework for a limited-purpose main account policy, and that the approval process lacked transparency. The Independent Community Bankers of America also stated that allowing non-bank entities and cryptocurrency institutions to access main accounts poses risks to the banking system. A Federal Reserve governor mentioned last month that they hope to launch a streamlined account structure later this year.Some participants in the cryptocurrency market believe that Kraken's approval signifies a breakthrough in establishing non-depository banking operations that do not rely on loans. In a previous news report, it was mentioned that Kraken was approved for a "streamlined" Federal Reserve main account, becoming the first cryptocurrency company authorized to access the Federal Reserve's core payment system, Fedwire.

Cobo co-founder and CEO Shen Yu stated on social media that the development of AI Agents will have a profound impact on corporate organizational structures. The disruption will not target individual skills, but rather the management systems that have long been centered around Standard Operating Procedures (SOP).He pointed out that traditional enterprises standardize human execution processes by continuously adding SOPs. If AI, which has autonomous planning capabilities, is simply embedded into existing processes, it may lead to internal efficiency losses. In the future, companies may reconstruct processes with "intent and boundaries" at their core, where humans set goals and rules, AI is responsible for autonomous optimization, and humans take on supervisory and decision-making roles.Shen Yu believes that as AI participation increases, departmental barriers and middle management functions may weaken, and organizational forms are expected to evolve towards more efficient dynamic collaboration models.

Musk tweeted, "xAI has recently undergone a reorganization to improve execution efficiency. As the company grows, its organizational structure must evolve continuously like any living organism. Unfortunately, this means we have to part ways with some individuals. We wish them all the best in their future endeavors. We are actively hiring at the moment."Previously, several members of xAI announced their departure, including co-founders Wu Yuhua and Jimmy Ba.

According to on-chain analysts, the whale/institution "7Siblings" has purchased 1994.98 ETH on-chain at an average price of $2070.31 in the past hour, worth $4.13 million; while in the past 19 hours, they have accumulated a total of 4813.22 ETH, with a total value of $10.08 million and an average cost of $2094.31.