On April 19, Masato Kanda, President of the Asian Development Bank, expressed concerns that the Japanese yen might face further pressure if the market perceives the Bank of Japan's actions against inflation risks as too slow. According to Jin10, Kanda, who previously served as Japan's top foreign exchange diplomat, stated on Friday evening that investors tend to buy dollars during global tensions partly because the U.S. is an oil exporter. However, even if these positions are unwound, the yen is unlikely to rise significantly against the dollar. Kanda highlighted that the primary reason for this is the interest rate differential. With the market closely monitoring potential actions by the U.S. Federal Reserve, many believe that if the Bank of Japan lags in addressing inflation risks, the yen will be left behind. During the International Monetary Fund and World Bank Group meetings in Washington this week, Kanda also noted that concerns over Japan's fiscal sustainability could lead investors to sell the yen.

A bipartisan discussion draft in the House suggests excluding gains and losses from the sale of regulated payment stablecoins, provided the holder's basis does not drop below 99% of the redemption value. According to NS3.AI, the proposal specifically targets US dollar-pegged tokens issued under the GENIUS Act framework, while excluding brokers and dealers from this carve-out. It is important to note that the draft is not yet law, and no issuer has been granted permitted payment stablecoin issuer status.

Aave is suspected of incurring bad debts due to Kelp DAO attackers using stolen rsETH as collateral to borrow ETH, with the exact amount currently unknown. Aave officials stated, "The rsETH market on Aave V3 and Aave V4 has been frozen. We are reviewing rsETH borrowing information that occurred on Aave after the attack and will share more details as soon as possible. If the protocol has accumulated bad debts as a result of this incident, we will explore ways to mitigate the losses." OKX market data shows AAVE currently trading at 105.15 USDT, down 9.56% in the last 24 hours.

On-chain data shows that Kelp DAO's LayerZero-based rsETH bridging protocol was suspected of being exploited by hackers, resulting in the loss of 116,500 rsETH, worth approximately $292 million. Kelp DAO officials stated that they have discovered suspicious cross-chain activity involving rsETH, and have suspended rsETH contracts on the mainnet and multiple Layer 2 platforms. They are currently working with security experts and will provide updates as they become available.

A new strategy has been introduced with the goal of minimizing market volatility while ensuring regular bitcoin purchases. According to CoinDesk, this approach also aims to establish the first bi-monthly paying preferred shares available in the market. By focusing on consistent acquisition, the strategy seeks to provide stability and predictability for investors interested in bitcoin. This initiative is designed to appeal to those looking for a reliable investment option in the often unpredictable cryptocurrency market. The introduction of bi-monthly paying preferred shares is a unique feature, setting this strategy apart from others in the financial sector. This development reflects a growing trend towards creating more structured and dependable investment opportunities within the digital currency space. As the market continues to evolve, such strategies may become increasingly important for investors seeking to navigate the complexities of cryptocurrency investments.

Bitcoin mining difficulty experienced a decline on Saturday, reflecting the ongoing challenges faced by the industry. According to Cointelegraph, the difficulty level dropped to approximately 135.5 T, marking a modest decrease of about 1.1% over the past 24 hours, as reported by CoinWarz. Despite this decrease, mining difficulty is expected to rise in the next adjustment period. CoinWarz projects that the next adjustment will occur on May 01, 2026, at 01:24:54 PM UTC, increasing the difficulty from 135.59 T to 137.43 T, which will happen in 1,865 blocks, approximately 12 days, 18 hours, and 41 minutes from now. Bitcoin miners have been grappling with significant challenges over the past year, including reduced block rewards, escalating energy prices, a prolonged crypto bear market, and geopolitical disruptions. These factors have created economic headwinds for miners, prompting publicly traded Bitcoin mining companies to sell record amounts of BTC to cover operating expenses. In the first quarter of 2026, these companies sold more BTC than in all four quarters of 2025 combined, according to TheEnergyMag. Companies such as MARA, CleanSpark, Riot, Cango, Core Scientific, and Bitdeer collectively sold over 32,000 BTC during Q1 2026. This figure surpasses the 20,000 BTC sold in Q2 2022, coinciding with the collapse of the Terra-Luna ecosystem, which triggered an extended bear market. Miners often sell their BTC to cover operating expenses, which are denominated in fiat currency. However, as the cost of mining a single BTC surpasses spot market prices, many BTC mining companies are struggling to remain profitable. According to CoinShares' Q1 2026 mining report, up to 20% of Bitcoin miners are currently unprofitable under existing economic conditions. The report highlights that Q4 2025 was the most challenging quarter for Bitcoin miners since the April 2024 halving. The authors attribute this to the sharp BTC correction in October 2025, which saw BTC's price plummet from a high of about $125,000 to approximately $86,000 by December 2025, coupled with the increasing computational difficulty of adding blocks, as significant obstacles for the mining industry.

The UK Financial Conduct Authority (FCA) has unveiled a proposal for crypto regulation, aiming to address stablecoins, staking, and trading platforms. According to NS3.AI, this draft is a precursor to a more comprehensive bill expected by October 2027. The consultation period for the proposal is open until June. Bill Hughes from Consensys noted that the draft's language might require many crypto businesses to seek FCA authorization.

GalaxyOne is shifting its focus towards staking products rather than prediction markets for retail investors with investible assets ranging from $100,000 to $1 million. According to NS3.AI, Zac Prince highlighted that the platform started supporting Solana staking last month. Additionally, there are plans to introduce Ethereum staking and lending options in the future.

A significant transfer of 285,111,406 USDT, valued at approximately $285 million, has been executed from Aave to Spark. According to NS3.AI, this transaction highlights the ongoing shifts within the cryptocurrency market, reflecting strategic movements by investors and platforms. The transfer underscores the dynamic nature of digital asset management and the evolving landscape of decentralized finance.

Iran has reportedly begun accepting Bitcoin (BTC) as a payment method for oil ship tolls through the Strait of Hormuz, according to Sam Lyman of the Bitcoin Policy Institute. Since 2022, Iran has shifted approximately $3 billion in cryptocurrency transactions. According to NS3.AI, most of these transactions are still denominated in USDt. However, Lyman noted that there is currently no on-chain evidence of any BTC toll payments.

Laws, regulations, policies, and the massive removal of encrypted apps: Google Play's death knell heralds the end of the era of unlicensed, unregulated apps. This isn't targeting any one app store, but rather a global purge of app stores.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance, covering key news, market and contract data, mining information, project updates, technological advancements, and other industry dynamics.

In her daily work, Attorney Shao comes into contact with many cryptocurrency KOLs and consultants who offer paid knowledge services, mainly providing instruction or sharing on "how to invest and trade virtual currencies".

This episode of the Empire podcast, hosted by Jason Yanowitz and Santi, focuses on Hyperliquid's institutionalization process, signs of regulatory deregulation, and market structure differentiation.

Binance Life, Changpeng Zhao, Binance Life: A 15x Rise to a New High – Three Lifesaving Moments from an Artificial Bull Market (Jinse Finance), Bringing Long-Awaited Volatility to Altcoins.

Jeff Park believes that for young people, from unaffordable housing to AI replacing an entire generation of jobs, the financial system has completely collapsed.

This is a slow and steady process: integrating new competencies into the existing system. It signifies an awareness—to govern the future of the dollar, one must first understand the language that is writing that future.

The AI ​​world exploded this morning! DeepSeek, which has never sought funding before, announced for the first time: seeking a $10 billion valuation and raising $300 million. With V4 just around the corner, boasting trillions of parameters and Huawei's Ascend technology, even Jensen Huang (Edwards' founder) is worried!

Eight functional points. Break them down one by one. Behind each one lies the funeral of an entire industry chain. This isn't an emotional statement; it's business logic.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.