1. The number of initial jobless claims in the U.S. for the week ending April 26 is 241,000, with an expectation of 224,000.
The number of initial jobless claims in the U.S. for the week ending April 26 is 241,000, with an expectation of 224,000, reaching a new high since the week of February 22, 2025, with the previous value revised from 222,000 to 223,000.
2. Eric Trump, son of Donald Trump: USD1 will be used to complete MGX's $2 billion investment in Binance.
Eric Trump, son of Donald Trump, stated at the Token2049 event in Dubai that the dollar stablecoin (USD1) issued by the Trump family project World Liberty Financial has been officially selected as the stablecoin to complete MGX's $2 billion investment in Binance. Earlier this year, the Abu Dhabi-based investment company MGX announced it would invest $2 billion to purchase shares in Binance.
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3. The Cryptocurrency Innovation Committee (CCI) calls on the SEC to relax staking regulations.
The Cryptocurrency Innovation Committee (CCI) along with more than 30 institutions including a16z, Paradigm, and Kraken wrote to the SEC, urging that cryptocurrency staking be viewed as a technological activity rather than a securities transaction. CCI emphasized that staking is crucial for network security and decentralization, calling for clear regulatory guidelines to prevent excessive regulation from hindering innovation.
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4. Tether CEO: New stablecoin products may launch in the U.S. by the end of this year or early next year at the latest.
Tether CEO Paul Ardoino stated in an interview that Tether is preparing to launch new stablecoin products in the U.S. as early as the end of this year or by early next year at the latest. Ardoino indicated that Tether's plans for the U.S. market will depend on the progress of stablecoin legislation in Congress. He emphasized that Tether is actively working with law enforcement to seek regulatory support and stated that the current USDT is 'one of America’s most successful export products.' He revealed that Tether is developing a product for the U.S. that is 'different from the existing USDT' to better adapt to local market regulations and demands.
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5. A Bitcoin mining gang in Terengganu, Malaysia has been dismantled, suspected of stealing electricity worth 36,000 ringgit per month.
The police in Terengganu, Malaysia, in conjunction with the National Energy Company (TNB) SEAL team, conducted raids in Kuala Terengganu and Marang, seizing 45 mining machines valued at approximately 225,000 ringgit (about 360,000 yuan). The gang is suspected of illegally tapping electricity in residential and commercial premises, causing losses of about 36,000 ringgit per month.
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