Tag: News
Regulatory proposal: The federal government outlined plans to prohibit all crypto ATMs across Canada in the Spring Economic Update released April 28, 2026.
Official rationale: Machines described as a “primary method for scammers to defraud victims and for criminals to place their cash proceeds of crime.”
Market position: Canada maintains the world’s highest concentration of crypto ATMs per capita, with reports citing nearly 4,000...
White House signals imminent ‘breakthrough’ for U.S. Strategic Bitcoin Reserve
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Patrick Witt, Executive Director of the White House Digital Assets Presidential Advisory Committee, teased a “big announcement” regarding the Strategic Bitcoin Reserve expected within the next few weeks. The administration claims to have reached a legal and operational breakthrough to solidify the government’s Bitcoin holdings on the national balance sheet. In tandem, lawmakers have rebranded the “BITCOIN Act” as...
DeFi United Raises Over $300 Million to Restore rsETH After Kelp DAO’s $292 Million Exploit
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Relief milestone: DeFi United surpasses $300 million in ETH pledges (approximately 132,650 ETH) to cover losses tied to the April 18 exploit.
Exploit details: Attacker forged a LayerZero message to mint roughly 116,500 unbacked rsETH tokens, with about 107,000 flowing into Aave lending positions and creating $123–230 million in bad debt.
Key participants: Major contributors include Consensys, Joseph Lubin (30,000 ETH), Circle...
Brazil Bans 27 Prediction Market Platforms Including Polymarket and Kalshi
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Brazil’s National Monetary Council (CMN) and telecommunications regulator Anatel have blocked access to 27 prediction market platforms, including industry leaders Polymarket and Kalshi.
The crackdown is based on Resolution No. 5,298, which restricts derivative contracts to economic benchmarks like inflation and interest rates, effectively banning event-based markets.
Government officials cited the need to protect household income and reduce...
Bitcoin Hits $79,000 as SEC Chair Paul Atkins Makes Historic Appearance at Bitcoin 2026 Conference
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Price milestone: Bitcoin touched $79,000 on April 27, marking its highest level since early February and extending a four-week rally.
Conference kickoff: The three-day Bitcoin 2026 event at the Venetian Resort in Las Vegas opened with over 40,000 expected attendees and more than 100 hours of programming.
Historic regulatory moment: SEC Chair Paul Atkins participated in a fireside chat, the first time a sitting U.S. securities...




