24/7 Blockchain industry dynamics and breaking crypto news
Kevin Warsh's Fed Chair nomination narrowly passed a Senate committee 13-11, with zero Democratic support, marking the first purely partisan vote for such a nomination. This breaks tradition and signals increased politicization of monetary policy appointments, potentially impacting Fed independence.
Read MoreKevin Warsh's nomination for Federal Reserve Chair cleared the Senate Banking Committee, advancing to a full Senate vote. His confirmation was previously stalled but now moves forward. Warsh pledged to reduce the Fed's balance sheet and reform its communication.
Read MoreAn open payment standard protocol designed for AI Agent commercial activities has been launched. It provides core payment infrastructure, supports multiple payment modes, adopts a multi-chain open architecture, and has gained support from several key ecosystem partners, marking a pivotal step for AI Agents.
Read MoreRecently disclosed IPO filings reveal a unique power structure at SpaceX. Elon Musk controls special voting shares that grant him an absolute veto over any attempt to remove him from the board or executive positions, cementing his indispensable leadership role within the company.
Read MoreThe U.S. Senate Banking Committee has voted to advance the nomination of Walsh for Federal Reserve Chair to the full Senate. This critical step brings the nominee closer to leading the world's most influential central bank, with markets closely watching the final confirmation process.
Read MoreThe Iranian rial has plunged to a record low against the US dollar, exceeding 1.81 million rials per dollar. The decline accelerated sharply, losing over 230,000 rials in a single day. Despite relative domestic stability, surging demand for foreign currency has driven the devaluation, with the euro also trading above 2.08 million rials, highlighting severe economic pressures.
Read MoreThe Ethereum Foundation has detailed its Q1 2026 grant recipients, prioritizing protocol security, client optimization, cryptography, and zero-knowledge proof infrastructure. This strategic funding aims to bolster the network's core performance, resilience, and long-term scalability from the ground up.
Read MoreAlibaba Cloud's Bailian platform will reduce pricing for DeepSeek-V4-Pro's implicit cache to 1 yuan per million tokens starting April 29, 2026. This cost optimization applies only to cached requests, with standard rates for non-cached usage, keeping base inference pricing unchanged.
Read MoreOn April 29, Justin Sun executed a major crypto asset move, withdrawing approximately 93.41 million USDT from a DeFi deposit pool and transferring it to a major exchange. This significant transfer, which comprised nearly 10% of the pool's TVL, alongside a smaller USDC withdrawal, has prompted market analysis of its strategic implications.
Read MoreOn April 29, international oil prices staged a powerful rally. WTI crude surged over 5% to above $106 per barrel, while Brent crude broke through the $109 level for the first time since late March, gaining nearly 5% in a single day, signaling a shift in market sentiment.
Read MoreOn April 29, the USD/JPY exchange rate surged past the critical 160 level, hitting a new high since early April. This dramatic move intensifies speculation about the Bank of Japan's next policy steps and potential market intervention to support the yen, signaling heightened volatility in currency markets.
Read MoreWhite House sources reveal Trump administration held private talks with oil industry leaders, discussing plans to potentially extend Iran energy sanctions for months under certain conditions. This move signals a strategic escalation in pressure tactics.
Read MoreBlockworks, a leading crypto media and research firm, has closed an extension to its Series A funding round, achieving a post-money valuation of $192 million. The strategic investment was co-led by ParaFi Capital and Reciprocal Ventures, with strong backing from Coinbase Ventures and over 20 industry founders.
Read MoreKey developments unfolded in the crypto space on April 29. South Korea initiated tax preparations, while the US Senate moved on a crucial nomination. Major funding rounds were announced for Belo and Fence, alongside Amazon's new AI service launch, highlighting regulatory and tech trends.
Read MoreA senior Iranian security official warns of an unprecedented military response to recent US actions, escalating regional tensions and raising global concerns about potential conflict.
Read More