VF Corp CEO Pledges To Deep Brand Turnaround At Berlin Congress

Mark Faithfull  At the World Retail Congress in Berlin today, VF Corp. CEO Bracken Darrell used his platform to reframe what a turnaround really meant for the retail group and why the market may be too focused on immediacy.  VF Corp., the parent company of brands including Vans, The North Face and Timberland, has been navigating a difficult stretch marked by declining revenues, wholesale disruption and uneven brand momentum. The companys stock has come under pressure over the past two years as Vans in particular lost cultural traction, forcing leadership to rethink both cost structures and brand positioning.  While recent quarters have shown early signs of stabilization — cost-cutting measures, inventory normalization and leadership reshuffles among them — the turnaround remains very much in progress, with investors watching closely for sustained growth rather than short-term fixes.  Darrell, who took the helm in 2023 for Logitech, made clear he has little interest in quick wins at the expense of long-term brand equity.  “I came in for a turnaround, and when I was hired I was described as a turnaround person but I am not,” he said. “Its not about short term; despite the fact there is a sense of urgency. So, you have to take a

04-29

Canadian Government Moves to Ban 4,000 Crypto ATMs

Crypto  Canadian Government Moves to Ban 4,000 Crypto ATMsThe Liberal Partys April 28 update plans a ban on ATMs to stop scammers and illicit cash moves.Canada leads the world per capita with 4,000 machines, while over 39,000 remain active globally.The government and FINTRAC have yet to set a 2026 timeline for enforcing these new licensing rules.  Linking ATMs to Financial Fraud  The Canadian government says it plans to ban ATMs, calling them a key tool for scammers and criminals to move illicit cash. In its spring economic update unveiled April 28, the governing Liberal Party described the machines as a “primary method for scammers to defraud victims and for criminals to place their cash proceeds of crime.”  The proposal would mark Canadas first direct regulation of the industry, which currently operates under general money services business rules. According to a report, Canada has nearly 4,000 ATMs — the highest per capita globally — compared with more than 39,000 worldwide.  A 2023 CBC News investigation found the machines have become a leading vehicle for fraud. Canadas financial intelligence agency, the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), reached the same conclusion in a February analysis of suspicious transaction reports. The agency noted that transactions

04-29

Humanity Protocol Price Prediction: H Surges 32.52% After Breakout, Eyes $0.20 Resistance Zone

Tech  Humanity Protocol Price Prediction: H Surges 32.52% After Breakout, Eyes $0.20 Resistance ZoneHumanity Protocol breaks out with strong momentum, but exhaustion risk risesKey resistance near $0.185 may decide push toward $0.20 or trigger pullbackRising open interest and weak spot inflows signal volatility and cautious demand  Humanity Protocol (H) extended its rally this week as bullish momentum accelerated after a prolonged consolidation phase. The token now trades at $0.1724, supported by rising demand and renewed speculative interest.  Daily volume surged past $77 million, reinforcing strong participation across the market. Over the past seven days, H has climbed 32.52%, reflecting a decisive shift in sentiment. This move places the projects market capitalization above $314 million, signaling growing relevance among mid-cap assets.  Breakout Structure Signals Strength  Price action shows a clear transition from accumulation into expansion. Previously, H traded between $0.10 and $0.14 while forming a stable base. That range acted as a launchpad for the current breakout. Consequently, buyers stepped in aggressively once price cleared resistance.  Humanity Protocol Price Dynamics (Source: Trading View)  The move toward $0.17 and $0.18 confirms higher highs and higher lows. This structure supports a strong bullish trend. Moreover, moving averages remain aligned upward, reinforcing continuation bias. The Supertrend indicator also supports upside momentum.  However,

04-29

Bitmine Buys $103M in ETH, Hits New Staking Milestone

Bitmine now holds just over 5 million ETH, which is roughly 4.2% of the cryptocurrencys total supply. This aggressive accumulation has taken place over less than 12 months since the company started buying ETH at the end of July last year.  This aggressive move has not only sparked interest among crypto observers and analysts but also ignited interest in the companys plan. However, to understand what the plan is all about, we must first look at what Bitmine has been doing with the ETH it acquired.  Bitmine Stakes ETH Worth Over $9 Billion  Bitmines latest staked amount was even more impressive than the aforementioned ETH acquisition. According to Lookonchain, the company just staked 106,200 ETH worth roughly $244 million.  According to Arkham, Bitmine now has over 3.9 million ETH staked. This was more than $8.4 billion worth of cryptocurrency at press time.  Bitmine stakes ETH worth over $8.5 billion | Source: Arkham  Bitmine now has the largest share of staked ETH on the Ethereum network at 9.5%. This move will allow the company not only to benefit from robust passive yields but also to secure substantial long-term capital gains.  Aggressive demand from the likes of Bitmine has been fuelling bullish Ethereum price action since the start of

04-29

Commodity or Security? Ripple CTO Emeritus Explains Key Distinction

Tech  Commodity or Security? Ripple CTO Emeritus Explains Key Distinction  Ripple CTO Emeritus, David Schwartz, recently joined a discussion on X pertaining to what qualifies as a commodity.  The discussion began on X when a user asked how insider trading charges could apply in a case involving Polymarket. “Polymarket doesn‘t sell securities,” the X user added. The point was that if the platform doesn’t deal in securities, how could insider trading laws even come into play?  Another X user pushed back, noting that there are insider trading rules for commodities. Still unconvinced, the initial X user responded by asking whether the asset in question (trading on Polymarket) could even qualify as a commodity.  ASTEROID Whales Pivot to New Memecoins But Lose All Their Money  Ripple CEO on XRP: ‘Lock In’  You Might Also Like  “I dont get how this would be a commodity either. Commodity is defined as goods and articles and all services, rights, and interests in which contracts for future delivery are presently or in the future dealt in,” the X user said, citing 7 USC 1a(9).  This qualifies as a right or interest to a future delivery because it is a conditional entitlement to a particular quantity of a particular good in the future traded on

04-29

Kevin Warsh Fed chair nomination heads to Senate Banking Committee vote

Tech  Kevin Warsh Fed chair nomination heads to Senate Banking Committee vote  Kevin Warshs nomination as Federal Reserve Chair heads to a Senate Banking Committee vote. Jerome Powell out as Fed Chair by May 14, 2026, sits at 4.8% YES, up from 2% a day ago.  Market reaction  The May 31 market jumped to 97.0% YES, showing strong trader belief that Powell‘s exit is near-certain by that date. The May 15 market spiked to 73.0% YES, meaning traders expect action in the next two weeks, likely tied to the committee’s decision.  The Kevin Warsh confirmation market sits at 92.0% YES after a 43-point surge in recent days. A successful committee vote would lock in those expectations. The low cost of moving the May 14 odds suggests a thin market, susceptible to swings from single large trades.  Why it matters  Volume on the Powell-out market is at $25,950 in USDC traded over the last 24 hours. The May 14 market requires just $3,604 to move 5 points, so any real news could cause sharp volatility. The largest move on that contract was a 48-point spike, a sign of trader uncertainty about the exact timing.  The closure of the DOJ probe into Powell removed a major obstacle for Warsh‘s confirmation,

04-29

ZetaChain admits overlooking bug bounty report before $334K exploit

ZetaChain has acknowledged that a vulnerability behind its recent exploit had already been reported through its bug bounty program, but was treated as expected behavior.  According to ZetaChains post-mortem published Wednesday, the incident has triggered an internal review of how the protocol evaluates bug bounty submissions, especially those involving multi-step attack paths that may appear harmless when viewed separately.  The disclosure follows an attack on Sunday that targeted the projects cross-chain gateway contract, draining about $334,000 across nine transactions on Ethereum, Arbitrum, Base, and BSC, all from wallets controlled by the team.  ZetaChain stated that no user funds were impacted, a point it had also emphasized a day earlier when it paused cross-chain transactions on its mainnet to contain the breach.  DefiLlama data had earlier estimated the losses at roughly $300,000, while ZetaChain said at the time that it would release a full breakdown after completing its investigation.  Flaws combined to enable full drain  ZetaChain said the attacker chained together three separate design weaknesses that, on their own, did not appear critical but together enabled the exploit. The gateway contract allowed unrestricted cross-chain instructions to be sent, while the receiving side executed nearly any command on any contract, with a limited blocklist that failed to cover

04-29

Mantle Dropped -5.59% in Last Month and is Predicted to Drop to $0.488369 By May 02, 2026

Mantle is down -3.65% today against the US DollarMantle is currently trading 30.00% above our prediction on May 02, 2026Mantle dropped -5.59% in the last month and is down -12.41% since 1 year agoMantle price$ 0.634893Mantle prediction$ 0.488369SentimentFear & Greed indexKey support levels$ 0.651802, $ 0.647537, $ 0.643834Key resistance levels$ 0.659771, $ 0.663474, $ 0.667740  MNT price is expected to drop by -23.20% in the next 5 days according to our Mantle price prediction  Mantle price today is trading at $ 0.634893 after losing -3.65% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -1.20% in the same time period. MNT performed poorly against BTC today and recorded a -1.10% loss against the worlds largest cryptocurrency.  According to our Mantle price prediction, MNT is expected to reach a price of $ 0.488369 by May 02, 2026. This would represent a -23.20% price decrease for MNT in the next 5 days.  MNT Price Prediction Chart  Buy/Sell Mantle  What has been going on with Mantle in the last 30 days  Mantle has been displaying a negative trend recently, as the coin lost -5.59% in the last 30-days. The medium-term trend for Mantle has been bearish, with MNT dropping by

04-29

Bullish Invests 250 BTC in BTCFi Company Mezo

The investment, worth over $19M at current prices, coincides with Mezos launch of Bitcoin yield vaults for institutional clients.  Bullish, the publicly listed digital asset exchange and parent company of CoinDesk, has invested 250 BTC — roughly $19 million — into Mezo, a Bitcoin DeFi-focused protocol, per a press release shared with The Defiant. The investment coincides with the launch of Mezo Prime, a new institutional yield product built in partnership with Anchorage Digital Bank.  Bullish will become the first company to use Mezo Prime with Anchorage, deploying a portion of its corporate Bitcoin treasury into the product. Anchorage is the custody provider for the vaults, per the release, and Mezo Prime is now available to Anchorage Digital Bank clients.  Mezo Prime centers on “Enclaves” — segregated Bitcoin vaults designed for institutional depositors. Bitcoin deposited into an Enclave can be locked as veBTC to earn protocol fees or used as collateral to borrow MUSD, Mezos Bitcoin-backed stablecoin, the release notes.  “Over a million Bitcoin sits on corporate balance sheets today, and almost none of it is working,” said Matt Luongo, co-founder of Mezo.  The launch comes as the broader BTCFi space continues to expand. Institutions in particular have faced a gap between wanting to earn

04-29

Commodity or Security? Ripple CTO Emeritus Explains Key Distinction

Tech  Commodity or Security? Ripple CTO Emeritus Explains Key Distinction  Ripple CTO Emeritus, David Schwartz, recently joined a discussion on X pertaining to what qualifies as a commodity.  The discussion began on X when a user asked how insider trading charges could apply in a case involving Polymarket. “Polymarket doesn‘t sell securities,” the X user added. The point was that if the platform doesn’t deal in securities, how could insider trading laws even come into play?  Another X user pushed back, noting that there are insider trading rules for commodities. Still unconvinced, the initial X user responded by asking whether the asset in question (trading on Polymarket) could even qualify as a commodity.  ASTEROID Whales Pivot to New Memecoins But Lose All Their Money  Ripple CEO on XRP: ‘Lock In’  You Might Also Like  “I dont get how this would be a commodity either. Commodity is defined as goods and articles and all services, rights, and interests in which contracts for future delivery are presently or in the future dealt in,” the X user said, citing 7 USC 1a(9).  This qualifies as a right or interest to a future delivery because it is a conditional entitlement to a particular quantity of a particular good in the future traded on

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