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On April 22, Edaily reported that Kim Hyun-jung, a member of the Democratic Party's Digital Assets Special Task Force, stated that a basic law on digital assets related to stablecoins (Phase II legislation) will be submitted after the local elections in June, and a subcommittee for the bill will be convened at that time. Kim pointed out that disputes such as shareholding restrictions for major shareholders of exchanges have not yet been fully resolved and require further discussion. However, given the new positive stance of the Bank of Korea's Governor Shin Hyun-song towards stablecoins, he believes that stablecoin legislation will ultimately be passed. The Democratic Party's Digital Assets Special Task Force is considering meeting with Shin Hyun-song after the local elections. Kim also emphasized the need to improve the relevant systems for CBDCs and Korean won stablecoins in advance, ensure consistency in tax systems with international regulations, and effectively strengthen the infrastructure for responding to digital asset crimes.

[South Korea's Democratic Party Plans to Propose Stablecoin Legislation After June Elections]On April 22, Edaily reported that Kim Hyun-jung, a member of the Democratic Party's Digital Assets Special Task Force, stated that a basic law on digital assets related to stablecoins (Phase II legislation) will be submitted after the local elections in June, and a subcommittee for the bill will be convened at that time. Kim pointed out that disputes such as shareholding restrictions for major shareholders of exchanges have not yet been fully resolved and require further discussion. However, given the new positive stance of the Bank of Korea's Governor Shin Hyun-song towards stablecoins, he believes that stablecoin legislation will ultimately be passed. The Democratic Party's Digital Assets Special Task Force is considering meeting with Shin Hyun-song after the local elections. Kim also emphasized the need to improve the relevant systems for CBDCs and Korean won stablecoins in advance, ensure consistency in tax systems with international regulations, and effectively strengthen the infrastructure for responding to digital asset crimes.

South Korea's Democratic Party Plans to Propose Stablecoin Legislation After June Elections

On April 22, ZachXBT revealed that Bitcoin ATM operator Bitcoin Depot has been facing issues related to charges and security. It reported that an elderly fraud victim in the U.S. was allowed to convert $25,000 in fiat currency to Bitcoin through a Bitcoin Depot ATM, with a quoted price of $108,000 per Bitcoin, while the market price at that time was $75,000. Ultimately, the transaction resulted in the victim receiving 0.232 BTC for $25,000. ZachXBT also mentioned that Bitcoin Depot was recently hacked, with 54 BTC (approximately $3.26 million) going undetected for several days.

[ZachXBT: Bitcoin ATM Operator Bitcoin Depot Faces Abnormal Charges and Security Issues]On April 22, ZachXBT revealed that Bitcoin ATM operator Bitcoin Depot has been facing issues related to charges and security. It reported that an elderly fraud victim in the U.S. was allowed to convert $25,000 in fiat currency to Bitcoin through a Bitcoin Depot ATM, with a quoted price of $108,000 per Bitcoin, while the market price at that time was $75,000. Ultimately, the transaction resulted in the victim receiving 0.232 BTC for $25,000. ZachXBT also mentioned that Bitcoin Depot was recently hacked, with 54 BTC (approximately $3.26 million) going undetected for several days.

ZachXBT: Bitcoin ATM Operator Bitcoin Depot Faces Abnormal Charges and Security Issues

On April 22, ZachXBT revealed that Bitcoin ATM operator Bitcoin Depot has been facing issues related to charges and security. It was reported that an elderly fraud victim in the U.S. was allowed to convert $25,000 in fiat currency to Bitcoin through a Bitcoin Depot ATM, with a quoted price of $108,000 per Bitcoin, while the market price at that time was $75,000. Ultimately, the transaction resulted in the victim receiving 0.232 BTC for $25,000. ZachXBT also mentioned that Bitcoin Depot was recently hacked, with 54 BTC (approximately $3.26 million) going undetected for several days.

[ZachXBT: Bitcoin ATM Operator Bitcoin Depot Faces Abnormal Charges and Security Issues]On April 22, ZachXBT revealed that Bitcoin ATM operator Bitcoin Depot has been facing issues related to charges and security. It was reported that an elderly fraud victim in the U.S. was allowed to convert $25,000 in fiat currency to Bitcoin through a Bitcoin Depot ATM, with a quoted price of $108,000 per Bitcoin, while the market price at that time was $75,000. Ultimately, the transaction resulted in the victim receiving 0.232 BTC for $25,000. ZachXBT also mentioned that Bitcoin Depot was recently hacked, with 54 BTC (approximately $3.26 million) going undetected for several days.

On April 22, Yili Hua, founder of Liquid Capital (formerly LD Capital), stated, "The rebound is continuing as expected, and everyone is discussing the rebound point. We can only take it step by step. In comparison to the new highs of the S&P 500, the current rebound in the cryptocurrency market appears relatively weak, clearly showing characteristics of a rebound within a bear market. Over the past few days, I have particularly studied the risks associated with MicroStrategy. Its aggressive financing and coin-buying methods seem effective in the short term, but there may be risks in the mid-term, especially during times of macro-financial risk. We are always preparing for a potential big opportunity. There is no need to be pessimistic about the cryptocurrency market; opportunities in this space have always existed during bear markets, while bull markets are simply times to enter happily, often resulting in losses."

[Yili Hua: Current Cryptocurrency Market is in a Bear Market Rebound, Mid-term Risks for Strategy]On April 22, Yili Hua, founder of Liquid Capital (formerly LD Capital), stated, "The rebound is continuing as expected, and everyone is discussing the rebound point. We can only take it step by step. In comparison to the new highs of the S&P 500, the current rebound in the cryptocurrency market appears relatively weak, clearly showing characteristics of a rebound within a bear market. Over the past few days, I have particularly studied the risks associated with MicroStrategy. Its aggressive financing and coin-buying methods seem effective in the short term, but there may be risks in the mid-term, especially during times of macro-financial risk. We are always preparing for a potential big opportunity. There is no need to be pessimistic about the cryptocurrency market; opportunities in this space have always existed during bear markets, while bull markets are simply times to enter happily, often resulting in losses."

Yili Hua: Current Cryptocurrency Market is in a Bear Market Rebound, Mid-term Risks for Strategy

On April 22, Iranian Foreign Ministry spokesman Baghaei stated that Iran has not yet decided whether to participate in a new round of talks with the United States. In a media interview, Baghaei said that Iran participated in the first round of talks with the US in good faith and with a serious attitude, but the US showed a cold response and lacked sincerity, with an inconsistent stance. He indicated that Iran has made it clear that if attending talks in Islamabad, Pakistan, aligns with national interests, it will participate, but no decision has been made yet. Baghaei also stated that the US blockade of Iranian ports is an act of aggression, and the shooting and seizure of Iranian merchant ships are not behaviors expected from a country genuinely committed to a serious diplomatic process.

[Iran: First Round of Talks Showed Goodwill, But US Response is Tepid]On April 22, Iranian Foreign Ministry spokesman Baghaei stated that Iran has not yet decided whether to participate in a new round of talks with the United States. In a media interview, Baghaei said that Iran participated in the first round of talks with the US in good faith and with a serious attitude, but the US showed a cold response and lacked sincerity, with an inconsistent stance. He indicated that Iran has made it clear that if attending talks in Islamabad, Pakistan, aligns with national interests, it will participate, but no decision has been made yet. Baghaei also stated that the US blockade of Iranian ports is an act of aggression, and the shooting and seizure of Iranian merchant ships are not behaviors expected from a country genuinely committed to a serious diplomatic process.

Iran: First Round of Talks Showed Goodwill, But US Response is Tepid

According to monitoring by Dongcha Beating, the WeChat public account "Top Chinese Science and Technology Innovation Society" revealed that Dai Jifeng, an associate professor in the Department of Electronic Engineering at Tsinghua University, has founded Naive.ai, which focuses on training agents using open-source models. The total funding amounts to approximately $300 million, with a valuation of around $800 million. Investors include top-tier funds and technology giants, although specific institutions have not been disclosed. Dai Jifeng is a well-known scholar in the field of computer vision, with representative works including deformable convolutional networks and the multimodal foundational model InternVL, with over 50,000 citations of his papers. He previously served as a chief researcher at Microsoft Research Asia and later as the executive research director at SenseTime, before returning to Tsinghua to teach in 2022. In 2025, he joined MiroMind, an AI company incubated by Shanda Network under Chen Tianqiao, as a co-founder. Several media outlets previously reported that MiroMind ceased operations in China in January of this year due to compliance reasons, after which Dai Jifeng left the company. Reports indicate that the core team of his new company includes former MiroMind members and co-founder Zhu Xizhou, who holds a joint PhD from the University of Science and Technology of China and Microsoft Research Asia, and has previously served as a senior researcher at SenseTime and a young researcher at Shanghai AI Lab.

[Tsinghua Associate Professor Dai Jifeng Founds Naive.ai, Secures Approximately $300 Million in Funding]According to monitoring by Dongcha Beating, the WeChat public account "Top Chinese Science and Technology Innovation Society" revealed that Dai Jifeng, an associate professor in the Department of Electronic Engineering at Tsinghua University, has founded Naive.ai, which focuses on training agents using open-source models. The total funding amounts to approximately $300 million, with a valuation of around $800 million. Investors include top-tier funds and technology giants, although specific institutions have not been disclosed. Dai Jifeng is a well-known scholar in the field of computer vision, with representative works including deformable convolutional networks and the multimodal foundational model InternVL, with over 50,000 citations of his papers. He previously served as a chief researcher at Microsoft Research Asia and later as the executive research director at SenseTime, before returning to Tsinghua to teach in 2022. In 2025, he joined MiroMind, an AI company incubated by Shanda Network under Chen Tianqiao, as a co-founder. Several media outlets previously reported that MiroMind ceased operations in China in January of this year due to compliance reasons, after which Dai Jifeng left the company. Reports indicate that the core team of his new company includes former MiroMind members and co-founder Zhu Xizhou, who holds a joint PhD from the University of Science and Technology of China and Microsoft Research Asia, and has previously served as a senior researcher at SenseTime and a young researcher at Shanghai AI Lab.

Tsinghua Associate Professor Dai Jifeng Founds Naive.ai, Secures Approximately $300 Million in Funding

On the 22nd local time, Iranian Foreign Ministry spokesman Baghaei stated that Iran has not yet decided whether to participate in a new round of negotiations with the United States. (CCTV News)

[Iran's Foreign Ministry: No Decision Yet on Participation in New Round of Talks with the U.S.]On the 22nd local time, Iranian Foreign Ministry spokesman Baghaei stated that Iran has not yet decided whether to participate in a new round of negotiations with the United States. (CCTV News)

Iran's Foreign Ministry: No Decision Yet on Participation in New Round of Talks with the U.S.

On April 22, Yili Hua, founder of Liquid Capital (formerly LD Capital), stated that the rally is continuing as expected, and discussions about the rally point are ongoing. This situation requires a step-by-step approach. Compared to the recent highs of the S&P 500 and the strong buy signals from MicroStrategy, the current rally in the cryptocurrency market appears relatively weak, clearly exhibiting characteristics of a bear market rebound. In recent days, I have particularly studied the risks associated with MicroStrategy. Its aggressive financing and cryptocurrency purchasing strategy may be effective in the short term, but could pose risks in the mid-term, especially during times of macroeconomic financial risks. We must always be prepared for a potentially significant opportunity. There is no need to be pessimistic about the cryptocurrency market; opportunities in this space have always existed during bear markets, while bull markets are characterized by happy entries and losses upon exit.

[Yili Hua: Current Cryptocurrency Market is in a Bear Market Rally, Mid-term Risks for Strategy]On April 22, Yili Hua, founder of Liquid Capital (formerly LD Capital), stated that the rally is continuing as expected, and discussions about the rally point are ongoing. This situation requires a step-by-step approach. Compared to the recent highs of the S&P 500 and the strong buy signals from MicroStrategy, the current rally in the cryptocurrency market appears relatively weak, clearly exhibiting characteristics of a bear market rebound. In recent days, I have particularly studied the risks associated with MicroStrategy. Its aggressive financing and cryptocurrency purchasing strategy may be effective in the short term, but could pose risks in the mid-term, especially during times of macroeconomic financial risks. We must always be prepared for a potentially significant opportunity. There is no need to be pessimistic about the cryptocurrency market; opportunities in this space have always existed during bear markets, while bull markets are characterized by happy entries and losses upon exit.

Yili Hua: Current Cryptocurrency Market is in a Bear Market Rally, Mid-term Risks for Strategy

On April 22, local time, Iranian Foreign Ministry spokesperson Baghaei stated that Iran has not yet decided whether to participate in a new round of negotiations with the United States. (CCTV News)

[Iran's Foreign Ministry: No Decision Yet on Participation in New Round of Talks with the U.S.]On April 22, local time, Iranian Foreign Ministry spokesperson Baghaei stated that Iran has not yet decided whether to participate in a new round of negotiations with the United States. (CCTV News)

According to Coindesk, Metropolitan Commercial Bank is close to exiting completely from the cryptocurrency market, with only $278.5 million in crypto-related deposits left, according to a filing with the Securities and Exchange Commission (SEC) from April 18. “Our previously announced exit from the crypto related vertical is almost complete,” the filing states, noting that its total core deposits, excluding crypto clients, were $4.9 billion at March 31. The New York-based bank’s parent company, Metropolitan Bank Holding (MBH), announced in January that it was terminating crypto-related services after recent developments in the industry and regulatory pressure.

Detail

【Metropolitan Commercial Bank Is Almost Done Exiting Crypto Business】According to Coindesk, Metropolitan Commercial Bank is close to exiting completely from the cryptocurrency market, with only $278.5 million in crypto-related deposits left, according to a filing with the Securities and Exchange Commission (SEC) from April 18. “Our previously announced exit from the crypto related vertical is almost complete,” the filing states, noting that its total core deposits, excluding crypto clients, were $4.9 billion at March 31. The New York-based bank’s parent company, Metropolitan Bank Holding (MBH), announced in January that it was terminating crypto-related services after recent developments in the industry and regulatory pressure.

Metropolitan Commercial Bank Is Almost Done Exiting Crypto Business

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Metropolitan Commercial Bank Is Almost Done Exiting Crypto Business

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