Powell will hold his final press conference as Federal Reserve Chairman on Wednesday, local time.

Tech companies are increasingly prioritizing semiconductor chips over their workforce, a trend that could have long-term implications. Wall Street Journal (Markets) posted on X, highlighting that as the demand for advanced technology grows, companies are investing heavily in chips to enhance their capabilities. However, this shift may lead to potential regrets as the balance between human resources and technological advancement is disrupted. The focus on chips is driven by the need to stay competitive in a rapidly evolving market, but the trade-off could impact innovation and employee morale. As the industry continues to evolve, the consequences of this strategic shift remain to be seen.

Southbound funds experienced a net sell-off of 4.092 billion yuan today. According to Jin10, within the Shanghai-Hong Kong Stock Connect, Tracker Fund of Hong Kong and Yangtze Optical Fibre and Cable Joint Stock Limited Company saw net sell-offs of 837 million HKD and 267 million HKD, respectively. Meanwhile, Semiconductor Manufacturing International Corporation (SMIC) led net purchases with 1.015 billion HKD. In the Shenzhen-Hong Kong Stock Connect, Tracker Fund of Hong Kong and Tencent Holdings recorded net sell-offs of 2.371 billion HKD and 1.276 billion HKD, respectively, with SMIC again leading net purchases at 39 million HKD.

JUST has revealed in its first-quarter 2026 report that cumulative JST buybacks and burns have reached $60.03 million, accounting for 1.356 billion tokens or 13.70% of the total supply. According to NS3.AI, the report also highlighted that the JustLend DAO's total value locked (TVL) increased to $6.91 billion, with active users surpassing 482,000.

The global cryptocurrency market cap now stands at $2.60T, up by 0.28% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $77,465 and $79,486 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $77,776, down by -0.30%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include LUMIA, BICO, and LUNC, up by 17%, 16%, and 13%, respectively. Market movers: ETH: $2319.18 (-0.55%) BNB: $627.81 (-0.47%) XRP: $1.4161 (-0.82%) SOL: $85.34 (-1.39%) TRX: $0.3239 (-0.03%) DOGE: $0.09806 (-0.42%) WBTC: $77564.17 (-0.29%) U: $0.9998 (+0.01%) XAUT: $4688 (-0.10%) BCH: $447.6 (-1.24%) Top gainers on Binance: LUMIA/USDT (+17%) BICO/USDT (+16%) LUNC/USDT (+13%)

Some of the things that have been developed in traditional finance over the past 15 years don't work in the crypto world.

Some of the things that have been developed in traditional finance over the past 15 years don't work in the crypto world.

Analysts have suggested that Bitcoin could approach the $90,000 mark as Polymarket bettors have increased Kevin Warsh's chances of Senate confirmation to 97% by May 15. According to NS3.AI, this development comes after the Department of Justice decided to cease its criminal investigation into Federal Reserve Chair Jerome Powell, thereby eliminating a barrier to Warsh's confirmation.

On April 27, Solana's on-chain Meme coin ASTEROID surged by 30% within an hour, reaching a market capitalization of $7 million. According to BlockBeats On-chain Detection, the token's 24-hour increase was 160%, with a trading volume of $5.2 million. The token, which has been live for 10 days, briefly exceeded $9 million in market value this morning. Meanwhile, the Ethereum-based ASTEROID coin maintained its high market capitalization, currently reported at $129 million, despite a 13.3% decline over the past 24 hours. Its trading volume during the same period reached $19 million. BlockBeats cautions users that Meme coin trading is highly volatile, often driven by market sentiment and speculative concepts, lacking intrinsic value or practical use cases. Investors are advised to be aware of the associated risks.

The Office of the Comptroller of the Currency (OCC) has issued an indefinite prohibition order against Marissa Murillo. According to NS3.AI, the order follows allegations that Murillo made unauthorized debits totaling $164,918 from an elderly customer's account at the Bank of Montreal's Chicago branch. The OCC stated that these debits occurred between January 2023 and November 2024. Murillo has consented to the order without admitting or denying any wrongdoing.

Pudgy Penguins announced that it hosted a policymaker event at the Rayburn House Office Building in Washington, D.C. on April 24. According to NS3.AI, the company is also serving in an advisory role on the White House's cryptocurrency advisory committee. Pudgy Penguins stated that it is developing a working relationship with both the U.S. Congress and the White House. CEO Luca Netz expressed that these connections could potentially support the company's long-term growth.

Qualcomm's stock experienced a 10% increase in pre-market trading. According to Jin10, this surge follows an analyst's report suggesting that the company is collaborating with OpenAI to develop smartphone processors. The partnership is expected to enhance Qualcomm's capabilities in integrating advanced AI features into mobile devices, potentially boosting its competitive edge in the tech industry.

Gate released its Q1 2026 report, highlighting its continued increased exposure in mainstream global media. Founder and CEO Dr. Han made numerous appearances in media outlets such as Odaily, BeInCrypto, and *Entrepreneur Middle East*, including a cover story on the latter's February issue. He systematically elaborated on Intelligent Web3, AI's role in reshaping trading logic, and the convergence of Crypto and TradFi, further strengthening the platform's influence on key industry issues. Meanwhile, reports from CoinDesk and CryptoRank show that Gate's spot trading volume remained among the top three globally, its derivatives market share continued to expand, and it maintained its leading position in key metrics such as trading activity and open interest, solidifying its status as a leading global trading platform. Regarding brand and high-end resource expansion, Gate partnered with the Red Bull F1 team to host a VIP event during the Japanese Grand Prix, inviting KOLs, institutions, and industry partners to participate, providing an immersive viewing experience and in-depth discussions in a prime location. Leveraging the top-tier exposure of the event and high-profile offline interactions, Gate further expands its global resource connections, strengthens its high-end brand influence, and continues to enhance its international recognition in key markets.

Western Union will launch its USD-backed stablecoin USDPT on Solana in May 2026 for settlement with agents, not direct consumer use. It is also building a wallet-to-cash network and a stablecoin card for wider spending later in the year.

Three separate cases have revealed structural vulnerabilities in blockchain gambling platforms.

If you wanted to be present at Trump's Mar-a-Lago party last weekend, it only cost $8,000.

Polymarket, Claude, Artificial Intelligence, What Opportunities Remain in the Crypto Industry? Jinse Finance: What's the Future for the Crypto Industry?

A new academic study has identified xAI’s Grok 4.1 Fast as the most hazardous among leading AI chatbots when handling prompts involving delusions, paranoia, and suicidal ideation, raising fresh concerns over the mental health risks posed by increasingly human-like AI systems.

A Chinese model found her face had been used without permission in an AI-generated microdrama, where she was shown as a violent villain. She says the use of her image came from photos she had posted online and has now taken legal steps against the platform behind the show.

The KelpDAO vulnerability attack was not a black swan event; it was a predictable failure mode.