Circle Economist Proposes Higher USDC Rates on Aave V3 After KelpDAO Exploit

Gordon Liao, Circle’s Chief Economist, submitted a governance proposal on April 22, 2026, calling on Aave to raise USDC borrow rates sharply on its V3 Ethereum Core market after a $292 million exploit against KelpDAO left the pool functionally frozen for four consecutive days. Key Takeaways: Circle’s Chief Economist Gordon Liao proposed raising USDC’s Aave … Read more

Bitcoin Retreats From $79K Peak as Middle East Economic Warfare Intensifies

Bitcoin’s momentum stalled on Thursday as the asset retreated from a peak of $79,500 to consolidate around $78,000. This 1.2% dip marked the cryptocurrency’s first 24-hour loss in several days, resulting in a $10 billion decline in total market capitalization. Key Takeaways: On April 23, bitcoin dipped to $77,201 after failing to sustain its $79,500 … Read more

Declare Your Crypto or Face Jail: South Africa’s Aggressive New Capital Flow Rules

South Africa’s proposed capital flow management regulations 2026 introduce strict new requirements for travelers entering or leaving South Africa with cryptocurrency. Key Takeaways South African Treasury draft rules require visitors to declare crypto or face up to 5 years in prison. New 2026 capital flow laws grant officials invasive powers to search devices for Bitcoin … Read more

Illinois Governor Bars State Employees From Insider Bets on Prediction Markets

Illinois Governor JB Pritzker has signed an executive order prohibiting state employees from using nonpublic information to participate in prediction markets and event-based contracts. The order arrives while Illinois contests a federal lawsuit filed by the Commodity Futures Trading Commission (CFTC) seeking to block state enforcement against CFTC-registered prediction market operators. Key Takeaways: Illinois EO … Read more

Strait of Hormuz Blockade: Trump Says No Ship Moves Without US Navy Approval

President Donald Trump declared Thursday that the United States has total control over the Strait of Hormuz and that no ship can enter or leave without U.S. Navy approval. Key Takeaways: President Trump declared on April 23, 2026, that the U.S. Navy has sealed the Strait of Hormuz pending an Iran deal. Iran seized two … Read more

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