Latest Crypto News & Market Updates

20-Year Prison Sentence Demanded for Delio CEO: FTT Connection

South Korean prosecutors have demanded a 20-year prison sentence for Delio‘s CEO Jeong Sang-ho, the crypto asset investment platform. Delio created shockwaves in the industry when it suddenly halted customer withdrawals in June 2023. In the closing arguments at the Seoul Southern District Court, prosecutors claimed that Jeong violated the Act on the Aggravated Punishment of Specific Economic Crimes. This demand elevates the victims’ long-awaited quest for justice to its peak. Yonhap news agency reported that the incident is linked to irregularities during Delios operations.　　Delio Scandal Timeline and FTX Impact　　The chain of events extends to Jeong being indicted in April 2025; this occurred about a year after authorities sought an arrest warrant for the withdrawal halt scandal involving actors like Haru Invest and B if broken, bearish pressure increases toward S1. Short positions for FTT futures are risky.　　Number of Victims and Economic Damage Details　　2,800 victims, 250 billion won damage. Haru Invest‘s 350 billion won loss from FTX deepened Delio’s liquidity crisis. This could harden South Koreas crypto regulations.　　Transparency in the Crypto Sector and Expectation of Precedent-Setting Decision　　This case is testing transparency and accountability standards in the crypto sector. The prosecutors‘ tough stance signals stricter oversight in platform managers’ handling of

05-01Industry

OpenAI Rolls Out Advanced Account Security for ChatGPT Users

OpenAI introduced an opt-in Advanced Account Security setting for ChatGPT.The feature requires passkeys or security keys and removes email and SMS recovery.Enrolled accounts are excluded from model training by default.　　OpenAI on Thursday introduced Advanced Account Security, a new opt-in setting for ChatGPT designed for users who want stronger protection or face higher risks of digital attacks.　　The company said the new feature was created in response to how people are increasingly using ChatGPT to handle more sensitive and high-stakes tasks.　　“People are turning to AI for deeply personal questions and increasingly high-stakes work. Over time, a ChatGPT account can hold sensitive personal and professional context, and sit at the center of connected tools and workflows,” OpenAI said in a statement. “For some people, like journalists, elected officials, political dissidents, researchers, and those who are especially security-conscious, the stakes are even higher.”　　OpenAI said the feature is intended to give users more control over security and privacy while centralizing protections in one place.　　Available in web account settings, the feature applies to ChatGPT and Codex accounts using the same login and requires passkeys or physical security keys instead of passwords, while limiting account recovery to backup passkeys, security keys, or recovery keys, and removing email

05-01Industry

A Polymarket-linked bet on the weather in France forecasts a major data issue

A few weeks ago, abnormal temperature spikes at a Météo-France station near Paris-Charles de Gaulle (CDG) triggered a criminal complaint and an investigation. According to French media reports, the readings were linked to Polymarket bets that generated tens of thousands of dollars in gains. Whether the full mechanics are ultimately proven exactly as suspected is almost beside the point. The real story is simpler: a market that settles money on a single physical observation is only as strong as the data chain underneath it.　　Most commentators focus on how to prevent this specific incident from recurring. But the more important question is why anyone should be surprised it happened at all.　　When everything becomes tradable, everything becomes a target　　The same week this story broke in France, Polymarket announced the launch of perpetual futures contracts on crypto, equities, and commodities, with up to 10x leverage and no expiration date. Kalshi confirmed a similar product days later.　　A temperature bet in Paris and a leveraged Bitcoin perp look like they belong to different worlds. They do not. Both are expressions of the same underlying movement: markets are expanding into every domain where an outcome can be observed, measured, and settled. Prediction markets started with elections

05-01Industry

Bitcoin stuck below $79,000 as ETF outflows and Fed split sap risk appetite

Bitcoin is pinned near $76,000 below $79,000 resistance as ETF outflows, Fed infighting, and record shorts sap risk appetite and keep volatility unnaturally muted.Bitcoin trades near $76,000, capped by heavy resistance between $78,000 and $79,000 as spot ETF outflows stretch into a third straight day.Internal divisions at the Federal Reserve and expectations of prolonged higher rates are damping risk sentiment across crypto.Derivatives data show record short positioning and subdued volatility, leaving Bitcoin boxed between improving support and weak demand.v　　Bitcoin (BTC) hovered around $76,000 on Thursday, struggling to break above a resistance band between $78,000 and $79,000 even after the Federal Reserve left interest rates unchanged, keeping markets fixated on internal policy fractures and macro uncertainty. According to an analysis by The Block, on-chain and flow data point to a market that has stabilized on the downside but lacks the conviction to force a clean breakout above the current range.　　Kraken chief economist Thomas Perfumo said the market is now “more concerned about the policy uncertainties brought about by the ‘division’ within the Federal Reserve rather than the inaction itself,” especially with Jerome Powell still in place while Kevin Warsh is widely expected to take over, leaving “no clear policy transition.” He

05-01Industry

Prediction Market Leader Polymarket Deploys Chainalysis Security Tools – Bitcoin News

Polymarket selected Chainalysis to deploy a first-of-its-kind onchain solution for monitoring trading activity.The 2024 partnership introduces bespoke anomaly models to detect insider trading patterns on public .Polymarket aims to set a new 100% transparent benchmark for integrity across global .　　Polymarket Sets New Transparency Standards With Chainalysis　　In a release shared with Bitcoin.com News on Thursday, the New York-based blockchain intelligence company Chainalysis said it will provide a comprehensive suite of tools designed to enforce Polymarkets Market Integrity Rules across its decentralized finance platform.　　By operating entirely onchain, Polymarket ensures that every trade, position, and settlement is recorded on a public ledger, providing a level of transparency traditional finance cannot match. The new agreement spans multiple Chainalysis product lines, including investigative tools that produce blockchain-verified evidence for potential engagement with law enforcement and regulatory inquiries.　　At the core of the partnership is a bespoke anomaly detection model built on Chainalysis Data Solutions, specifically designed to identify patterns consistent with insider knowledge. This move expands Polymarket‘s existing multi-layered monitoring system, which was already designed to catch potential violations of the platform’s strict Terms of Use.　　The partnership signals a proactive approach to detecting fraud, as the technology allows the platform to report suspicious activity to regulators

05-01Industry

WLFI Technical Analysis Apr 30

WLFI is trading in a strong downtrend with an 11.89% drop in the last 24 hours; although RSI is at 16.70 in the oversold region, volatility is high and capital protection should be prioritized. Investors should monitor the break of the 0.0593 support and not keep the risk/reward ratio below 0.75:1.　　Market Volatility and Risk Environment　　WLFI is currently trading at 0.06 USD and experienced a sharp 11.89% drop in the last 24 hours. Although the daily range is narrow between 0.06-0.07 USD, volume remains relatively high at 182.60 million USD. This indicates the market still has liquidity, but downtrend dominance is increasing volatility. RSI at 16.70 is in the oversold region, which carries short-term bounce potential, but the bearish trend heightens the risk of an “oversold bounce” trap. Supertrend is giving a bearish signal and resistance has formed above EMA20 (0.08 USD). In multi-timeframe (MTF) analysis, 4 strong levels have been identified across 1D, 3D, and 1W timeframes: 1 support/3 resistances on 1D, with no imbalances in the others. This structure increases sensitivity to downward breaks. Volatility in crypto markets is generally measured with ATR (Average True Range); WLFIs recent ATR is around 10-15% daily, raising capital erosion risk. Investors should

05-01Industry

BNB Price Prediction: $580 Test Looms as Bulls Lose Grip on $600 Support

Market Context: Why BNB is Moving Now　　BNB trades in dangerous territory at $616, sitting 23% below its 200-day moving average while clinging to short-term support around $600. The token‘s recent weakness reflects broader market uncertainty as institutional players reduce risk exposure ahead of May’s historically volatile crypto conditions. Despite Binances continued dominance in the exchange landscape, BNB faces the harsh reality of profit-taking pressure after months of consolidation.　　The 1.56% daily decline signals more than routine volatility – it represents a critical juncture where technical support meets fundamental uncertainty. Trading volumes of $65 million on Binance spot provide adequate liquidity but lack the conviction needed for directional momentum.　　Technical Picture Turns Neutral　　The indicator landscape reveals a market caught between competing forces. RSI readings near 46 show neither overbought nor oversold conditions, creating an environment where any catalyst could trigger significant movement. The momentum oscillators have essentially flatlined, indicating that the previous trend has exhausted itself and new direction awaits.　　Price action within the recent trading range shows BNB occupying the lower third of its established channel, suggesting gravity pulls toward further testing of support levels. Daily volatility measures indicate moderate price swings ahead, but without clear directional bias from the technical framework.　　The oversold

05-01Industry

Elon Musk Says Most Crypto Are Scams, But X Launches New Crypto Trading Terminal

Tesla BTC Holdings. Source: Bitcoin TreasuriesElon Musk Tells Jury Most Crypto Is a Scam as X Rolls Out Cashtags　　The courtroom remark coincided with a parallel push at Musks social platform. X head of product Nikita Bier said the company was rolling out a web version of Cashtags, a feature that converts $tickers for stocks and crypto into clickable real-time charts and asset-specific post feeds.　　Bier framed the tool as a way to position X as a core trading terminal. Bundled controls, including contract address matching and account locks on first-time crypto posters, are intended to filter out fraudulent tokens before they reach users.　　The rollout fits a broader X finance push that also includes payments and pilot trading features. Musk‘s distinction between merit assets and scams maps directly onto Cashtags’ pitch, separating what the feature wants to surface from what its anti-scam controls are designed to suppress.　　ICO Plan Resurfaces in Court　　The scam comment surfaced as OpenAIs scrapped 2018 token proposal entered the trial record.　　“In January 2018, mere months after their September 2017 ‘enthusiasm,’ Altman proposed a scamworthy ‘ICO,’ or initial coin offering, that would have seen OpenAI, Inc. sell its own cryptocurrency. Musk shot down this idea too, stating ‘it would simply

05-01Industry

Oversold Crypto Meets Rising AI Boom, Market Split Widens

Crypto markets are currently sending mixed signals, with prices struggling to find direction while economic indicators point in different directions. On X, analyst Dan Gambardello said, “Crypto is oversold and coiled while AI productivity is surging to record levels,” linking recent weakness in digital assets to wider economic shifts driven by artificial intelligence and strong earnings from major technology companies.　　He added, “All scenarios are on the table for bulls and bears alike,” noting that heavily sold-down altcoin markets could still rebound if broader market conditions improve. He pointed to strong performance in large technology firms as a sign that productivity in the economy may be improving, which could eventually influence risk assets like crypto.　　However, he also warned that timing is unclear. He noted that crypto markets often remain disconnected from broader economic trends for long periods, even when those trends are strengthening.　　AI Boom Meets Oversold Crypto Setup　　Gambardello pointed to strong earnings from major technology companies, saying they suggest a broader shift in economic activity. He highlighted cloud growth at firms like Microsoft and Google as signs that demand tied to advanced computing and data services is increasing. He added that this momentum in large tech companies could eventually spill over

05-01Exchange

Gemini Exchange Bags Major CFTC License For Derivatives Trading

Cryptocurrency exchange Gemini has taken another major step in the US regulatory. The Commodity Futures Trading Commission (CFTC) authorized Gemini to operate as a Derivatives Clearing Organization (DCO). The exchange now wants to expand its footprint in the area of derivatives and prediction markets.　　Gemini Exchange Gets Key CFTC License　　The approval allows Gemini exchange to clear trades associated with derivatives products, such as prediction markets, in-house rather than through clearinghouses. This allows it to manage the settlement and risk of the trades and products it offers, rather than relying on a clearing house.　　It also allows the exchange to expand its offerings to derivatives futures trading products. Co-founder Cameron Winklevoss wrote, “We are excited to announce that Gemini has received a Derivatives Clearing Organization (DCO) license from the CFTC. This license allows us to act as a clearinghouse for regulated derivatives trading, including prediction markets.”　　The licence comes on top of previous advances in Geminis regulatory journey. The crypto exchange has previously received approval to operate a Designated Contract Market. This enabling it to launch its prediction platform. With the DCO approval, Gemini exchange can now clear trades made on that platform through its own platform.　　Winklevoss added, “Gemini now has a full-stack, end-to-end

05-01Industry

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