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One of the large wallets that had been inactive for a long time in the cryptocurrency market has become active again. According to data shared by the on-chain data analysis platform Lookonchain, a Bitcoin whale that hadn’t made any transactions for about eight years transferred 5,908 $BTC to a new wallet address. At current market prices, the value of this transfer is estimated at approximately $382.67 million.
According to the data, the whale acquired these Bitcoins approximately eight years ago. At that time, the price of Bitcoin was around $16,865. While the wallet owner held onto their assets without moving them for years, the recent transfer was closely monitored in the market.
The reactivation of large wallets that have been inactive for a long time in the cryptocurrency market is considered by investors as one of the important on-chain indicators. However, experts emphasize that such transfers do not always mean selling. The transfer of assets to a new wallet can also be carried out for various reasons, such as security measures, changes in custody infrastructure, or institutional portfolio management.
While Bitcoin has experienced significant value increases in recent years due to growing interest from institutional investors and the impact of spot Bitcoin ETFs, the value of assets held by early investors has also increased exponentially. This investor, who held onto 5,908 $BTC for eight years, now has assets with a much higher market value compared to their initial purchase period.
Analysts note that large wallet movements can influence short-term market sentiment, but are not the sole determinant of price direction. Therefore, investors should evaluate whale transfers in conjunction with trading volume, exchange entry and exit data, and overall market conditions.
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The growing rift between the United States and Israel hit new heights this week, with articles published in major Israeli publications accusing President Donald Trump of abandoning Israel to its greatest enemy following his interim deal with Iran.
Analysts described a sense of betrayal as public and political outrage over the terms of the agreement, which details the broad terms for ending the joint US-Israeli war on Iran, dominated headlines.
In one particularly blistering attack, an op-ed titled “You could have been the greatest president of all, but you failed” accused Trump of having signed a “surrender agreement with a murderous and cruel terror regime
Published in one of the country’s leading newspapers, Israel Hayom, which is owned by influential Trump mega-donor Miriam Adelson, the piece pulled few punches
Styled as a letter to Trump, it went further than even some of Israel’s more extreme politicians in voicing criticism of the pact, accusing the US president of having turned the hourglass over to a new war and of having brought about the “humiliation” of his country
Hagai Ram, a professor at Ben Gurion University and author of the book Iranophobia: The Logic of an Israeli Obsession, said Trump was until recently “the most popular figure in Israel” – but he had now been turned “into a villain”
The criticism of Israel coming from US leaders hasn’t arisen because they’ve suddenly gained any great insight, it’s because the facts have become unavoidable,” he said. “Everything they’re saying is correct. These are truth bombs. Israel did pull them into a war and Netanyahu did manipulate Trump.
Matters only appear to be growing more grave. On Saturday, Israel’s continued attacks on Lebanon led to Iran once more closing the Strait of Hormuz, the economic gateway where closure previously was credited by many with bringing Trump to the negotiating table
“Two things are going on here, and each one is a mirror of the other,” said Alon Pinkas, a former Israeli ambassador and consul general in New York
“On the one hand, you have all the Trump cultists desperately searching for someone external to blame for luring their great leader into such an intractable war, and seizing upon Netanyahu.
On the other hand, you have all the Netanyahu followers. They’re also faced with a war in Lebanon they can’t get out of and a US agreement with what they’re being told again and again is a far more powerful Iran than that which agreed to a better deal under Obama,” added Pinkas.
“Ultimately, it’s a bad agreement because it was a bad war,” he continued. “One always follows the other
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WASHINGTON, April 23 (Reuters) - The National Transportation Safety Board said Thursday a key runway safety system failed to ​activate before a March 22 fatal collision between an Air Canada Express ‌jet and a fire truck that killed two pilots.
The NTSB also said in its preliminary report that red runway entrance lights that indicate when it is not safe to cross a runway were ​on until about three seconds before the time of the collision. The ​NTSB said the system is designed to turn the lights off ⁠about 2 to 3 seconds before the airplane reaches each intersection.
The Express CRJ-900 ​regional jet touched down roughly 2 seconds before the collision and was at 104 ​mph at the time of the crash.
The NTSB is leading the investigation into the fatal collision of the CRJ-900 jet operated by Air Canada's regional partner Jazz Aviation. The crash sent 39 ​of the 76 passengers and crew to hospital, including six with serious injuries.
The ​airport's ground surveillance system did not generate an alert warning of the proximity of vehicles to the ‌runway ⁠and the fire truck that collided with the jet lacked a transponder that would have transmitted its location to air traffic control.
The turret operator in the truck involved in the collision recalled hearing the words "stop stop stop" (on the tower frequency) radio, ​but he did not ​know who that ⁠transmission was intended for and then heard "Truck 1 stop stop stop" and realized it was for their vehicle and subsequently ​noticed that they had entered the runway, the NTSB said.
The ​NTSB said ⁠the local controller who was handling the Air Canada plane had about 18 years of experience and the ground controller who was also the controller-in-charge had about 19 years ⁠of ​experience, and was responsible handling aircraft that were taxiing.
The ​Federal Aviation Administration has encouraged airports to equip fire trucks with transponders because it makes the vehicles' ​movements easier to track at busy airports.
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Asia reportedly drives nearly half of global stablecoin flows, powering cross-border trade and institutional liquidity. Yet in the major banks of Singapore, Hong Kong, and Jakarta, reception to stablecoins remains distinctly cold.
While some observers attribute this to a “generational gap” or a lack of technical understanding, Bernardo Bilotta, CEO and co-founder of Stables, argues that the reality is far more calculated. According to Bilotta, the reluctance of Asian banks to embrace stablecoins is not a failure of imagination but a masterclass in institutional self-preservation.
For a commercial bank, the most critical asset on the balance sheet is not cash or property; it is the relationship with the central bank. In many Southeast Asian markets, the regulatory environment for digital assets remains a moving target.
Taking on stablecoin exposure, even just for processing, means taking on reputational risk with the regulator before the rules are fully settled,” Bilotta said. In an environment where guidance can tighten significantly from one quarter to the next with little warning, the risk of a regulatory pivot makes long-term infrastructure investment a gamble most banks are unwilling to take.
Beyond local regulators, Asian banks must answer to a global hierarchy. To facilitate international trade, these institutions rely on correspondent banking relationships with partners in New York and London.
Bilotta points out a harsh reality of the current global financial plumbing: Compliance teams in Western financial hubs are notoriously risk-averse. If a bank in Jakarta or Bangkok begins dabbling in stablecoins, it risks being flagged by its Western partners. The threat of having a correspondent relationship terminated—effectively cutting a bank off from the U.S. dollar or euro markets—is a survival logic that far outweighs the potential profits of stablecoin integration.
Even for banks willing to look past the risk, a new hurdle has emerged: regulatory fragmentation. Across Asia, jurisdictions are taking vastly different paths. Singapore, for instance, has embedded stablecoin rules into its existing Payment Services Act, while Hong Kong recently enacted a standalone Stablecoins Ordinance.
Critics argue these silos hamper growth, as a token compliant in one city may face hurdles just an hour’s flight away. However, Bilotta views this not as a roadblock but as a necessary phase of convergence.
Framing it as purely a problem misses what’s actually happening,” Bilotta said. “Singapore and Hong Kong have different approaches to the same goal: treating stablecoins as regulated payment instruments. The underlying principles—reserve backing, redemption rights, and AML compliance—are converging.”
Until the cost of inaction exceeds the cost of action, the status quo holds,” Bilotta said. The cautious stance of Asian banks isn’t irrational—it is a defensive crouch. However, as the infrastructure layer becomes more robust and local-currency tokens begin to solve the “last-mile” problem, the pressure on these institutions will only grow. The question for Asia’s banking sector is no longer whether they understand the technology but how much longer they can afford to prioritize survival over evolution.
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Through an aggressive suite of structural reforms, the state is rolling out targeted overhauls spanning industrial licensing, tax automation, entrepreneurial incentives, and green energy deployment
For decades, navigating the regulatory labyrinth of setting up and operating a business has been a premier grievance within Bangladesh's commercial ecosystem.
Entrepreneurs seeking to establish industrial plants, expand operations, or deploy fresh capital have routinely run into a wall of multi-agency licensing requirements, opaque tax structures, and protracted administrative delays.
This cumbersome framework inflated the "hidden costs" of doing business, catalyzed systemic operational uncertainties, and consistently bottlenecked the nation’s investment potential.
Innovative technology platforms and startups will qualify for a 9-year corporate tax holiday, with additional tax incentives provided to companies that set up manufacturing bases outside Dhaka and Chattogram.
To safeguard national energy security and reduce dependence on expensive imported fossil fuels, the budget introduces substantial fiscal exemptions for green tech.
Customs duties on solar panels, inverters, and specialized industrial batteries will be dramatically reduced, backed by corporate tax exemptions on solar power generation.
Renewable energy infrastructure investments will enjoy guaranteed tax concessions extending until 2035.
Import tariffs on electric vehicles will be slashed, alongside tax breaks for entities setting up public EV-charging networks.
To release billions in corporate capital currently tied up in gridlocked tax litigation, the budget institutes strict, statutory timelines for resolving tax disputes across Appeals, Tribunals, the High Court, and Alternative Dispute Resolution (ADR) mechanisms.
Forcing swift and time-bound legal conclusions protects corporate cash lines while ensuring a predictable revenue stream for the state.
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U.S. District Judge Lewis A. Kaplan, who presided over Bankman-Fried’s 2023 fraud trial and sentenced him to 25 years in prison, issued the ruling in New York, according to court records reported by Bloomberg and Inner City Press. The judge described Bankman-Fried’s arguments as “baseless on multiple independently sufficient levels.”
The motion, filed pro se around Feb. 10, 2026, asked the court to grant a new trial under Rule 33 of the Federal Rules of Criminal Procedure. Bankman-Fried alleged that new witness testimony from former FTX executive Ryan Salame and an individual identified as Daniel Chapsky undermined the government’s case.
Prosecutors pushed back hard in March 2026, arguing the claims had no merit. Judge Kaplan agreed, finding that the purported new evidence would not likely produce an acquittal given the weight of proof presented at trial.
Before the ruling came down, Bankman-Fried sent a handwritten letter to the court on April 22, 2026, asking to withdraw the motion without prejudice. He gave two reasons: he had not been given enough time to respond to the government’s opposition, and he did not believe he would get a fair hearing from Judge Kaplan.
The judge denied that request, too, and ruled on the motion anyway.
Bankman-Fried’s letter also addressed questions the court had raised about who wrote the filing. He denied improper ghostwriting but acknowledged that his mother, Barbara Fried, provided editorial suggestions and helped print the document. Judge Kaplan had scrutinized the submission because Fried is not a licensed attorney.
Bankman-Fried was convicted in November 2023 on seven counts of fraud and conspiracy tied to the collapse of FTX and his trading firm Alameda Research. Billions in customer funds went missing. He was sentenced in March 2024.
His direct appeal is pending before the Second Circuit Court of Appeals, with oral arguments held in 2025. That case remains active and is separate from the Rule 33 motion Judge Kaplan just denied.
A request to have Judge Kaplan removed from the case on bias grounds is also still pending. Bankman-Fried reserved the right to refile the new trial motion once that reassignment request and his direct appeal are resolved
For now, his 25-year sentence stands. No changes to his incarceration status have been ordered.
The latest ruling closes the district court door on this particular legal effort, though Bankman-Fried retains options at the appellate level. How the Second Circuit handles his direct appeal will likely shape what comes next.
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