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On April 17, the State Council Information Office held a series of themed press conferences titled 'Starting the 14th Five-Year Plan'. Wang Changlin, Deputy Director of the National Development and Reform Commission, stated that this year, a series of actions will be launched to expand effective investment, focusing on areas such as 'AI+' infrastructure, urban renewal, the national water network, and new energy systems, to promote the optimization of supply structure and expansion of market demand. In terms of institutional and mechanism innovation, we will comprehensively carry out 'soft construction' work in central investment projects to promote the establishment of a long-term mechanism for project construction, implementation, and operation maintenance. Additionally, we will leverage the role of the National Venture Capital Guidance Fund to encourage and attract social capital to support technological innovation and the development of emerging industries. (Jinshi)

[National Development and Reform Commission: Focus on Expanding Effective Investment Actions in 'AI+' Infrastructure and Other Areas This Year]On April 17, the State Council Information Office held a series of themed press conferences titled 'Starting the 14th Five-Year Plan'. Wang Changlin, Deputy Director of the National Development and Reform Commission, stated that this year, a series of actions will be launched to expand effective investment, focusing on areas such as 'AI+' infrastructure, urban renewal, the national water network, and new energy systems, to promote the optimization of supply structure and expansion of market demand. In terms of institutional and mechanism innovation, we will comprehensively carry out 'soft construction' work in central investment projects to promote the establishment of a long-term mechanism for project construction, implementation, and operation maintenance. Additionally, we will leverage the role of the National Venture Capital Guidance Fund to encourage and attract social capital to support technological innovation and the development of emerging industries. (Jinshi)

National Development and Reform Commission: Focus on Expanding Effective Investment Actions in 'AI+' Infrastructure and Other Areas This Year

According to Politico, after Federal Reserve Chairman nominee Kevin Walsh submitted his asset disclosure documents to the Senate, U.S. Senator Elizabeth Warren pointed out that he did not fully reveal his wealth status, noting that two personal assets were each listed as worth 'over $50 million' and belong to a financial instrument called the 'Juggernaut Fund.' Elizabeth Warren stated that Walsh is the first unethical nominee for the Federal Reserve and also the first unethical nominee during Trump's current term. Additionally, a spokesperson for the Senate Banking Committee confirmed that the Congressional Research Service has verified Kevin Walsh's 'non-compliance' status, indicating that he currently does not meet ethical standards. So far, Kevin Walsh has declined to comment.

[Senator Warren: Kevin Walsh is the First Unethical Nominee for the Federal Reserve]According to Politico, after Federal Reserve Chairman nominee Kevin Walsh submitted his asset disclosure documents to the Senate, U.S. Senator Elizabeth Warren pointed out that he did not fully reveal his wealth status, noting that two personal assets were each listed as worth 'over $50 million' and belong to a financial instrument called the 'Juggernaut Fund.' Elizabeth Warren stated that Walsh is the first unethical nominee for the Federal Reserve and also the first unethical nominee during Trump's current term. Additionally, a spokesperson for the Senate Banking Committee confirmed that the Congressional Research Service has verified Kevin Walsh's 'non-compliance' status, indicating that he currently does not meet ethical standards. So far, Kevin Walsh has declined to comment.

Senator Warren: Kevin Walsh is the First Unethical Nominee for the Federal Reserve

On April 17, according to official news, Mint Blockchain announced that its blockchain network officially ceased operations on April 17, 2026. To ensure the safety of user assets, the project team reminds all users to promptly transfer their on-chain assets to the Ethereum mainnet, which includes assets such as ETH, WBTC, USDC, and USDT. The announcement states that users must complete the asset migration through the withdrawal channels provided by the official team, with a deadline of October 20, 2026. Before this deadline, users can still perform normal asset withdrawal operations to ensure the safe transfer of funds to external networks. If users do not complete the withdrawal by the deadline, the related assets will no longer be processed or recoverable.

[Mint Blockchain Announces Cessation of Operations, Users Must Withdraw Assets by October 20]On April 17, according to official news, Mint Blockchain announced that its blockchain network officially ceased operations on April 17, 2026. To ensure the safety of user assets, the project team reminds all users to promptly transfer their on-chain assets to the Ethereum mainnet, which includes assets such as ETH, WBTC, USDC, and USDT. The announcement states that users must complete the asset migration through the withdrawal channels provided by the official team, with a deadline of October 20, 2026. Before this deadline, users can still perform normal asset withdrawal operations to ensure the safe transfer of funds to external networks. If users do not complete the withdrawal by the deadline, the related assets will no longer be processed or recoverable.

Mint Blockchain Announces Cessation of Operations, Users Must Withdraw Assets by October 20

The total amount of bets related to the 2026 elections on the Polymarket platform has exceeded $2 billion. With elections in Hungary and Peru approaching, there has been a significant increase in betting volume in April; the share of bets from non-U.S. markets has notably risen and now accounts for a majority. The Block points out that election prediction markets are no longer exclusive to the United States and are gradually becoming a global phenomenon.

[Polymarket Platform Sees Over $2 Billion in Bets for 2026 Elections, Non-U.S. Market Surpasses Half]The total amount of bets related to the 2026 elections on the Polymarket platform has exceeded $2 billion. With elections in Hungary and Peru approaching, there has been a significant increase in betting volume in April; the share of bets from non-U.S. markets has notably risen and now accounts for a majority. The Block points out that election prediction markets are no longer exclusive to the United States and are gradually becoming a global phenomenon.

Polymarket Platform Sees Over $2 Billion in Bets for 2026 Elections, Non-U.S. Market Surpasses Half

On April 17, Pan Gongsheng stated that during the 14th Five-Year Plan period, China will adhere to a demand-driven approach, implement measures to boost consumption, vigorously develop the service industry, closely integrate investment in goods and investment in people, promote productivity growth, accelerate green transformation and sustainable development, and firmly advance high-level opening up to the outside world, driving high-quality development. The People's Bank of China will effectively implement an appropriately loose monetary policy, providing high-quality financial services to support Chinese-style modernization and contribute to global economic growth.

[Pan Gongsheng: Implement Appropriate Monetary Policy and Boost Consumption Measures]On April 17, Pan Gongsheng stated that during the 14th Five-Year Plan period, China will adhere to a demand-driven approach, implement measures to boost consumption, vigorously develop the service industry, closely integrate investment in goods and investment in people, promote productivity growth, accelerate green transformation and sustainable development, and firmly advance high-level opening up to the outside world, driving high-quality development. The People's Bank of China will effectively implement an appropriately loose monetary policy, providing high-quality financial services to support Chinese-style modernization and contribute to global economic growth.

Pan Gongsheng: Implement Appropriate Monetary Policy and Boost Consumption Measures

TeraWulf, a Nasdaq-listed Bitcoin mining company, announced that it has completed the previously announced public offering of 54,510,000 shares of common stock at a price of $19.00 per share, raising a total of $1,035,690,000. Morgan Stanley acted as the lead underwriter for this offering, while Bank of America Securities, Citigroup, TD Cowen, and Wells Fargo Securities served as co-managers. Citizens Capital Markets and Santander Bank acted as sub-underwriters, and Cantor Fitzgerald served as the equity capital markets advisor.

[TeraWulf Completes $1.035 Billion Public Offering of Common Stock]TeraWulf, a Nasdaq-listed Bitcoin mining company, announced that it has completed the previously announced public offering of 54,510,000 shares of common stock at a price of $19.00 per share, raising a total of $1,035,690,000. Morgan Stanley acted as the lead underwriter for this offering, while Bank of America Securities, Citigroup, TD Cowen, and Wells Fargo Securities served as co-managers. Citizens Capital Markets and Santander Bank acted as sub-underwriters, and Cantor Fitzgerald served as the equity capital markets advisor.

TeraWulf Completes $1.035 Billion Public Offering of Common Stock

On April 17, OpenAI plans to invest over $20 billion in servers powered by Cerebras chips over the next three years. Reports indicate that as part of the agreement, OpenAI will also acquire equity in Cerebras. Cerebras is a U.S. company specializing in AI chips and computing systems, primarily providing hardware and infrastructure for AI training and inference scenarios.

[OpenAI to Invest Over $20 Billion in Cerebras Chip-Powered Servers and Acquire Equity]On April 17, OpenAI plans to invest over $20 billion in servers powered by Cerebras chips over the next three years. Reports indicate that as part of the agreement, OpenAI will also acquire equity in Cerebras. Cerebras is a U.S. company specializing in AI chips and computing systems, primarily providing hardware and infrastructure for AI training and inference scenarios.

OpenAI to Invest Over $20 Billion in Cerebras Chip-Powered Servers and Acquire Equity

On April 17, The Defiant reported that the Ethereum-based NFT market Foundation will permanently close following a failed acquisition by digital art display company BlackDove. Founder Kayvon Tehranian announced the decision on X, explaining that the deal to sell the platform to 'a buyer intending to continue operating the platform' has fallen through, and the company sees no need to seek new buyers. Tehranian wrote: 'Our goal in pursuing the sale was always to hope that Foundation could continue to exist. But now that is no longer possible. During our closure process, the infrastructure has been shut down, and we can no longer bring the platform back online.'

[NFT Market Foundation Announces Permanent Closure After Failed Sale]On April 17, The Defiant reported that the Ethereum-based NFT market Foundation will permanently close following a failed acquisition by digital art display company BlackDove. Founder Kayvon Tehranian announced the decision on X, explaining that the deal to sell the platform to 'a buyer intending to continue operating the platform' has fallen through, and the company sees no need to seek new buyers. Tehranian wrote: 'Our goal in pursuing the sale was always to hope that Foundation could continue to exist. But now that is no longer possible. During our closure process, the infrastructure has been shut down, and we can no longer bring the platform back online.'

NFT Market Foundation Announces Permanent Closure After Failed Sale

On April 17, according to official news, live prediction market and meme coin issuance platform Pumpcade announced the completion of a $5 million seed round financing, with investors including Jump Crypto and Foundation Capital. It is reported that Pumpcade is a meme coin instant creation and trading platform based on Solana, integrated into the Pump.fun chat system, allowing users to create prediction markets with one click in live streaming rooms. Previously, on April 2, it was reported that Pump.fun led a $1 million pre-seed financing for Pumpcade.

[Live Prediction Market Pumpcade Completes $5 Million Seed Round Financing with Investment from Jump Crypto]On April 17, according to official news, live prediction market and meme coin issuance platform Pumpcade announced the completion of a $5 million seed round financing, with investors including Jump Crypto and Foundation Capital. It is reported that Pumpcade is a meme coin instant creation and trading platform based on Solana, integrated into the Pump.fun chat system, allowing users to create prediction markets with one click in live streaming rooms. Previously, on April 2, it was reported that Pump.fun led a $1 million pre-seed financing for Pumpcade.

Live Prediction Market Pumpcade Completes $5 Million Seed Round Financing with Investment from Jump Crypto

1. $31,800,000,000,000 Debt Ceiling Could Be Raised as President Biden Nears Deal;
2. Hong Kong’s Web3 Industry Leaders Form New Associations To Promote Virtual Asset Growth and Development;
3. Russia Abandons Plans for National Crypto Exchange, Will Focus on Private Exchanges Instead;
4. Japan's Bank of Japan Completes Second Phase of CBDC Experiment, Enters Pilot Phase;
5. US House Rules Committee Gears Up for Crucial Meeting on Debt Ceiling Bill;
6. Dubai's Financial Regulator Calls for Increased Communication to Prevent Crypto Regulation Loopholes;
7. Indonesia Bali to crack down on foreign tourists using crypto as payment;
8. Venezuela's Petro Blockchain Encounters Operational Difficulties and Wallet Eliminations, Raising Concerns in Crypto Community;
9. Global Blockchain in Gaming Market Size Expected To Reach USD 301.53 Billion by 2030.

Detail

【Huobi Breaking News】1. $31,800,000,000,000 Debt Ceiling Could Be Raised as President Biden Nears Deal;
2. Hong Kong’s Web3 Industry Leaders Form New Associations To Promote Virtual Asset Growth and Development;
3. Russia Abandons Plans for National Crypto Exchange, Will Focus on Private Exchanges Instead;
4. Japan's Bank of Japan Completes Second Phase of CBDC Experiment, Enters Pilot Phase;
5. US House Rules Committee Gears Up for Crucial Meeting on Debt Ceiling Bill;
6. Dubai's Financial Regulator Calls for Increased Communication to Prevent Crypto Regulation Loopholes;
7. Indonesia Bali to crack down on foreign tourists using crypto as payment;
8. Venezuela's Petro Blockchain Encounters Operational Difficulties and Wallet Eliminations, Raising Concerns in Crypto Community;
9. Global Blockchain in Gaming Market Size Expected To Reach USD 301.53 Billion by 2030.

Huobi Breaking News

Article

Bitunix Analyst: Energy Supply Risks Shift to Manageable but Not Resolved, Delayed Responses in Policy and Corporate Behavior, Market Enters Asymmetric Pricing Phase

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edge currently trades at 1.212 USDT, up 20.10% in 24h, according to HTX market data.

JPMorgan: Negotiations on the CLARITY Act Enter Final Stage, Disputes Reduced to 2-3 Core Issues

Huobi Breaking News

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