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On April 16, Tarek Mansour, CEO of the prediction market platform Kalshi, announced that the company plans to introduce a 'Parental Portal' feature that allows parents to submit identification information to verify whether their children are using the platform under their identity. Additionally, Kalshi will implement a selfie verification mechanism to further confirm user identity through facial recognition, enhancing age restrictions and compliance management to prevent minors from accessing related services.

[Kalshi Plans to Launch 'Parental Portal' Feature to Strengthen Restrictions on Minors]On April 16, Tarek Mansour, CEO of the prediction market platform Kalshi, announced that the company plans to introduce a 'Parental Portal' feature that allows parents to submit identification information to verify whether their children are using the platform under their identity. Additionally, Kalshi will implement a selfie verification mechanism to further confirm user identity through facial recognition, enhancing age restrictions and compliance management to prevent minors from accessing related services.

Kalshi Plans to Launch 'Parental Portal' Feature to Strengthen Restrictions on Minors

On April 16, U.S. Senator Elizabeth Warren wrote to Musk requesting clarification on the integration plan of the stablecoin and cryptocurrency for the payment feature X Money that the X platform intends to launch, stating that it could pose risks to the financial system and U.S. national security. Warren specifically questioned whether X Money would issue its own stablecoin under exemptions related to the GENIUS Act, and whether users were adequately informed that their funds would not be protected by FDIC deposit insurance. The letter also mentioned that a preview of X Money's testing indicated it might offer a 6% deposit interest rate and that it is collaborating with Cross River Bank, which has previously been subject to FDIC enforcement actions.

[US Senator Questions Musk on X Money's Stablecoin Plan and User Protections]On April 16, U.S. Senator Elizabeth Warren wrote to Musk requesting clarification on the integration plan of the stablecoin and cryptocurrency for the payment feature X Money that the X platform intends to launch, stating that it could pose risks to the financial system and U.S. national security. Warren specifically questioned whether X Money would issue its own stablecoin under exemptions related to the GENIUS Act, and whether users were adequately informed that their funds would not be protected by FDIC deposit insurance. The letter also mentioned that a preview of X Money's testing indicated it might offer a 6% deposit interest rate and that it is collaborating with Cross River Bank, which has previously been subject to FDIC enforcement actions.

US Senator Questions Musk on X Money's Stablecoin Plan and User Protections

On April 16, Legal & General Asset Management announced on Wednesday that it has tokenized over £50 billion (approximately $68 billion) of its liquidity funds through a newly developed distribution channel by Calastone.

[Legal & General Asset Management Tokenizes Over £50 Billion of Funds via Calastone]On April 16, Legal & General Asset Management announced on Wednesday that it has tokenized over £50 billion (approximately $68 billion) of its liquidity funds through a newly developed distribution channel by Calastone.

Legal & General Asset Management Tokenizes Over £50 Billion of Funds via Calastone

On April 16, Bloomberg reported that the U.S. Commodity Futures Trading Commission (CFTC), the top derivatives regulator, is investigating a series of "exceptionally timed" crude oil futures trades that occurred before recent adjustments to Trump's war policy regarding Iran. According to informed sources, the investigation has been initiated. The CFTC is leading the inquiry into crude oil futures contracts traded on the CME Group and Intercontinental Exchange platforms. The sources, who requested anonymity due to the confidential nature of the information, indicated that both trading platforms have been asked to submit relevant trading data to assist with the investigation.

[CFTC Launches Investigation into Suspicious Oil Trades Before Trump's Policy Shift on Iran]On April 16, Bloomberg reported that the U.S. Commodity Futures Trading Commission (CFTC), the top derivatives regulator, is investigating a series of "exceptionally timed" crude oil futures trades that occurred before recent adjustments to Trump's war policy regarding Iran. According to informed sources, the investigation has been initiated. The CFTC is leading the inquiry into crude oil futures contracts traded on the CME Group and Intercontinental Exchange platforms. The sources, who requested anonymity due to the confidential nature of the information, indicated that both trading platforms have been asked to submit relevant trading data to assist with the investigation.

CFTC Launches Investigation into Suspicious Oil Trades Before Trump's Policy Shift on Iran

On April 16, it was reported that Florida and Massachusetts have recovered approximately $5.4 million in cryptocurrency assets from a scam case that evolved from a 'romance scam.' Of this amount, about $700,000 has been returned to victims in Florida, and $1.3 million has been returned to victims in Massachusetts. The remaining funds will be used to continue combating crypto fraud. The Florida prosecutor's office stated that the victims are spread across six counties in the state, with victims in Marion County alone losing over $450,000. The Florida Cyber Fraud Enforcement Unit reported that it recovered $3.3 million in the first quarter of 2026, and over its 2.5 years of operation, it has recovered a total of $7.2 million, with an additional $12.6 million in frozen crypto assets still under litigation.

[Florida and Massachusetts Recover $5.4 Million from Crypto Scam]On April 16, it was reported that Florida and Massachusetts have recovered approximately $5.4 million in cryptocurrency assets from a scam case that evolved from a 'romance scam.' Of this amount, about $700,000 has been returned to victims in Florida, and $1.3 million has been returned to victims in Massachusetts. The remaining funds will be used to continue combating crypto fraud. The Florida prosecutor's office stated that the victims are spread across six counties in the state, with victims in Marion County alone losing over $450,000. The Florida Cyber Fraud Enforcement Unit reported that it recovered $3.3 million in the first quarter of 2026, and over its 2.5 years of operation, it has recovered a total of $7.2 million, with an additional $12.6 million in frozen crypto assets still under litigation.

Florida and Massachusetts Recover $5.4 Million from Crypto Scam

On April 16, CoinDesk reported that Legal & General Asset Management, a UK asset management company, announced on Wednesday that it has tokenized over £50 billion (approximately $68 billion) of its liquidity funds through Calastone's newly developed distribution channel. Ross McDonald, a liquidity investment expert at Legal & General Asset Management, stated, "We are pleased to connect our liquidity funds to Calastone's tokenized distribution network. Tokenized distribution significantly enhances efficiency and reach."

[Legal & General Tokenizes Over £50 Billion of Funds via Calastone Network]On April 16, CoinDesk reported that Legal & General Asset Management, a UK asset management company, announced on Wednesday that it has tokenized over £50 billion (approximately $68 billion) of its liquidity funds through Calastone's newly developed distribution channel. Ross McDonald, a liquidity investment expert at Legal & General Asset Management, stated, "We are pleased to connect our liquidity funds to Calastone's tokenized distribution network. Tokenized distribution significantly enhances efficiency and reach."

Legal & General Tokenizes Over £50 Billion of Funds via Calastone Network

On April 16, according to Onchain Lens monitoring, Matrixport-related entities have fully closed their last long position of 25,000 ETH (20x leverage), realizing a profit of $17.32 million after holding it for approximately 65 days.

[Matrixport Closes 25,000 ETH Long Position, Realizing $17.32 Million Profit After 65 Days]On April 16, according to Onchain Lens monitoring, Matrixport-related entities have fully closed their last long position of 25,000 ETH (20x leverage), realizing a profit of $17.32 million after holding it for approximately 65 days.

Matrixport Closes 25,000 ETH Long Position, Realizing $17.32 Million Profit After 65 Days

On April 16, The Block reported that Cantor Fitzgerald, a Wall Street firm owned by current U.S. Secretary of Commerce Howard Lutnick, donated $10 million to a super PAC supporting cryptocurrency candidates as the U.S. election season heats up. According to documents from the Federal Election Commission (FEC), the company made this donation to 'Fellowship PAC' in February. Cantor Fitzgerald is currently operated by Lutnick's sons. Since 2021, Cantor Fitzgerald has maintained a close relationship with Tether, having begun serving as the custodian for Tether's reserve assets. During Lutnick's Senate confirmation hearing last year, lawmakers also questioned him about these relationships and his influence over the entire crypto industry.

[Cantor Fitzgerald Donates $10 Million to Fellowship PAC Supporting Crypto Candidates]On April 16, The Block reported that Cantor Fitzgerald, a Wall Street firm owned by current U.S. Secretary of Commerce Howard Lutnick, donated $10 million to a super PAC supporting cryptocurrency candidates as the U.S. election season heats up. According to documents from the Federal Election Commission (FEC), the company made this donation to 'Fellowship PAC' in February. Cantor Fitzgerald is currently operated by Lutnick's sons. Since 2021, Cantor Fitzgerald has maintained a close relationship with Tether, having begun serving as the custodian for Tether's reserve assets. During Lutnick's Senate confirmation hearing last year, lawmakers also questioned him about these relationships and his influence over the entire crypto industry.

Cantor Fitzgerald Donates $10 Million to Fellowship PAC Supporting Crypto Candidates

On April 16, Bloomberg reported that a recently disclosed document reveals that Alphabet, Google's parent company, is poised to reap returns in the hundreds of billions from its early investment in SpaceX. According to disclosure documents submitted by SpaceX in Alaska this week, as of the end of 2025, Google holds a 6.11% stake in the company. If SpaceX achieves a valuation of $2 trillion or higher through its IPO, this stake would be worth $122 billion. However, following SpaceX's merger with xAI in February, Google's stake has been diluted, and estimates suggest it is currently around 5%, valued at approximately $100 billion based on a $2 trillion valuation. In this disclosure, only Google and Elon Musk (who holds about 40%) are required to report their holdings, but several other individuals and institutions are also expected to gain billions from the IPO. Google first invested in SpaceX in 2015, participating in a $1 billion funding round alongside Fidelity Investments, collectively acquiring about 10% of the shares.

[Alphabet Expected to Gain Billions from SpaceX Investment]On April 16, Bloomberg reported that a recently disclosed document reveals that Alphabet, Google's parent company, is poised to reap returns in the hundreds of billions from its early investment in SpaceX. According to disclosure documents submitted by SpaceX in Alaska this week, as of the end of 2025, Google holds a 6.11% stake in the company. If SpaceX achieves a valuation of $2 trillion or higher through its IPO, this stake would be worth $122 billion. However, following SpaceX's merger with xAI in February, Google's stake has been diluted, and estimates suggest it is currently around 5%, valued at approximately $100 billion based on a $2 trillion valuation. In this disclosure, only Google and Elon Musk (who holds about 40%) are required to report their holdings, but several other individuals and institutions are also expected to gain billions from the IPO. Google first invested in SpaceX in 2015, participating in a $1 billion funding round alongside Fidelity Investments, collectively acquiring about 10% of the shares.

Alphabet Expected to Gain Billions from SpaceX Investment

HTX data showed that ETH fell below 2900  USDT and is now at 2898.3 USDT, with a decrease of 6.37% in 24H.

[ETH fell below 2900  USDT] HTX data showed that ETH fell below 2900  USDT and is now at 2898.3 USDT, with a decrease of 6.37% in 24H.

ETH fell below 2900  USDT

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edge soared to 1.0899 USDT, a new high with a 24-hour increase of -0.10%. It currently trades at 1.027 USDT on HTX.

ETH fell below 2900 USDT

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