According to PANews, Hong Kong police conducted a comprehensive operation targeting fraud, cybercrime, and money laundering from April 7 to April 17, resulting in the arrest of 503 individuals. The operation, named 'Mou Gong,' involved 404 cases of fraud and technology-related crimes, with financial implications amounting to 1.56 billion Hong Kong dollars. During the operation, authorities dismantled a fraud center located in an industrial building in Tsuen Wan, arresting 11 individuals, some of whom were linked to organized crime. The group allegedly used online dating platforms to create profiles of 'young and attractive' and 'successful' women, employing persuasive tactics and AI face-swapping technology to lure victims into starting online stores on fake e-commerce platforms. Victims were deceived into believing their stores were generating traffic and third-party orders, prompting them to invest in virtual currency to boost their store's operations. The police's swift action highlights the growing sophistication of cybercriminals and the importance of vigilance in online interactions.

According to BlockBeats, data from the official website indicates that the probability of Jerome Powell being removed from his position as Federal Reserve Chair in 2025 has decreased to 13% on Polymarket. Previously, BlockBeats reported that U.S. President Donald Trump, during the swearing-in ceremony of the U.S. Securities and Exchange Commission Chairman Atkins on Tuesday local time, stated he has no intention of dismissing Federal Reserve Chair Jerome Powell. Despite expressing disappointment over the Federal Reserve's pace in lowering interest rates, President Trump urged the Fed to cut rates.

President Donald Trump has expressed optimism about a potential trade deal with Beijing, announcing that a significant tariff rollback may happen soon following negotiations with Chinese President Xi Jinping. In the Oval Office after a brief swearing-in ceremony for U. S. Securities and Exchange Commission (SEC) Chair Paul Atkins, President Trump shared his thoughts on the ongoing trade talks with China source: https://news.shib.io/2025/04/23/trump-teases-tariff-rollback-after-talks-with-xi/?utm_source=rss&utm_medium=rss&utm_campaign=trump-teases-tariff-rollback-after-talks-with-xi

Tesla ended Q1 with $951M in Bitcoin, down from $1. 076B last year due to price declines, while holding its full crypto position, on-chain data shows. source: https://cryptonews.com/news/tesla-posts-951m-in-bitcoin-holdings-despite-20-drop-in-q1-auto-revenue/

Brandon Lutnick, chair of investment banking firm Cantor Fitzgerald, is reportedly partnering with SoftBank, Tether and Bitfinex to create a $3 billion crypto acquisition company. Lutnick and the consortium hope to create a publicly listed crypto acquisition company to capitalize on the market under crypto-friendly US President Donald Trump, and replicate Michael Saylor’s company Strategy, the Financial Times reported on April 23, citing three people who have been briefed on the plan. Cantor Equity Partners raised $200 million in January for the new firm called 21 Capital. At the same time, stablecoin issuer Tether will fork out $1 source: https://cointelegraph.com/news/cantor-plans-3-billion-crypto-venture-softbank-bitfinex-tether-financial-times?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Odaily Planet Daily News The US SEC confirmed that it would no longer re-sue Hex founder Richard Heart (real name Richard Schueler), who had previously accused him of illegally issuing three crypto assets: HEX, PulseChain and PulseX. The court had earlier dismissed the SEC lawsuit, believing that it failed to prove that Heart targeted US investors. The SEC subsequently gave up submitting an amended indictment before the deadline. Heart posted a statement saying that he had won the case comprehensively, calling it a victory for encryption, open source software and freedom of speech. He pointed out that the SEC's lawsuit even targeted the "software code itself." The SEC had accused Heart of illegally raising more than $1 billion and issued an international arrest warrant for him in Finland. Currently, the price of HEX has fallen 76% from its high in December 2024. So far this year, the SEC has withdrawn several crypto-related cases. (Cointelegraph)

Odaily Planet Daily News Bitget PoolX is about to launch the HYPER project, with a total prize pool of 200,000 HYPER. The lock-up channel is open from 12:00 on April 23 to 12:00 on April 30 (UTC+8), details are as follows: HYPER lock-up pool: Total airdrop amount: 200,000 HYPER Personal lock-up limit: 1,500,000 HYPER

Polymarket punters lowered the odds of a U. S. recession in 2025 on Tuesday, even as the International Monetary Fund acknowledged that the risk of a slump has risen substantially. source: https://www.benzinga.com/markets/cryptocurrency/25/04/44941706/recession-odds-upped-by-imf-to-40-but-polymarket-traders-see-less-likelihood-as-stocks-bitcoin-rally?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

Malaysia Signals Intent to Become Regional Leader in Blockchain InnovationMalaysian Prime Minister Anwar Ibrahim recently met with Binance founder and former CEO Changpeng Zhao (CZ) to discuss the advancement of blockchain technology and tokenization adoption across Malaysia. According to Golden Finance, the meeting centered on Malaysia’s ambition to become a leading regional hub for blockchain innovation, with a focus on building the necessary legal, technological, and regulatory infrastructure. Prime Minister Anwar emphasized his administration’s commitment to work closely with regulators to develop a supportive legal framework for digital assets and Web3 technologies. The initiative aims to attract blockchain startups, infrastructure providers, and global investment into Malaysia’s growing digital economy source: https://www.binance.com/en/square/post/23292437553434?utm_source=BinanceNewsRSS

Malaysia Signals Intent to Become Regional Leader in Blockchain InnovationMalaysian Prime Minister Anwar Ibrahim recently met with Binance founder and former CEO Changpeng Zhao (CZ) to discuss the advancement of blockchain technology and tokenization adoption across Malaysia.According to Golden Finance, the meeting centered on Malaysia’s ambition to become a leading regional hub for blockchain innovation, with a focus on building the necessary legal, technological, and regulatory infrastructure.Prime Minister Anwar emphasized his administration’s commitment to work closely with regulators to develop a supportive legal framework for digital assets and Web3 technologies. The initiative aims to attract blockchain startups, infrastructure providers, and global investment into Malaysia’s growing digital economy.Strategic Vision for Web3 in Southeast AsiaMalaysia’s engagement with CZ aligns with broader trends across Southeast Asia, where countries such as Singapore, the UAE, and Hong Kong are competing to lead in digital finance and blockchain policy. Binance has previously supported similar government initiatives globally, aiming to provide guidance on regulatory frameworks, financial inclusion, and tokenization standards.This high-level meeting reflects the increasing alignment between public sector goals and private sector blockchain innovation, potentially setting the stage for future collaborations between Malaysia and major global players in crypto infrastructure.

After the previous halvings, some mining companies went out of business. But that is not the case this time.

Arthur Hayes: Any investor holding U.S. stocks and bonds is looking for something with anti-establishment value. Physically, that's gold. Digitally, that's Bitcoin.

DeepSeek’s rapid rise has highlighted gaps in data privacy and cybersecurity, sparking a global debate about balancing innovation and security.

Bitcoin jumped to $92,000 as U.S. trade tensions eased and stocks rebounded, showing renewed investor optimism. However, futures and options markets remain cautious, signaling traders are not fully convinced it will break past $95,000 yet.

Trump Media & Technology Group just joined hands with Crypto.com and asset manager Yorkville America Digital to deliver a slew of ETFs and related investment products.

Geoffrey Kendrick, global head of crypto asset research at Standard Chartered Bank, believes that although BTC has strengthened its position as a hedge tool in recent weeks, its price still does not reflect growing signs of systemic risk.

Trump Media & Technology Group has teamed up with Crypto.com and Yorkville America Digital to launch “America-First” ETFs via Truth.Fi, pending SEC approval. The funds will feature US securities and digital assets, backed by up to $250 million in capital from Trump Media.

Solana launched the free Game Pass NFT, giving players early access to Web3 games and rewards for completing in-game quests. Over 30,000 Game Pass NFTs have been minted, with future seasons planned to add more features and progression rewards.

Recently, the US asset management giant Canary Capital officially submitted the S-1 registration statement for TRX ETF to the US Securities and Exchange Commission (SEC) - TRX ETF officially submitted S-1.

What caused the crypto market to rebound so suddenly? What will be the future trend?