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On April 22, according to Bloomberg, Hong Kong-listed New Fire Group has officially acquired the investment team of approximately 20 members from Avenir Group, a family office led by Li Lin, along with its associated trading system, and will take over Li Lin's long-term BTC strategy capabilities. New Fire Group's Executive Director and CEO, Weng Xiaoqi, stated in an interview that this acquisition will inject core research and investment strength into the company's private banking-level digital asset management business, helping to expand its reach among high-net-worth and institutional clients. The company plans to increase the scale of its private banking-level digital asset management business to over $1 billion within the next two years.

[New Fire Group Acquires Avenir Group's Investment Team and Trading System]On April 22, according to Bloomberg, Hong Kong-listed New Fire Group has officially acquired the investment team of approximately 20 members from Avenir Group, a family office led by Li Lin, along with its associated trading system, and will take over Li Lin's long-term BTC strategy capabilities. New Fire Group's Executive Director and CEO, Weng Xiaoqi, stated in an interview that this acquisition will inject core research and investment strength into the company's private banking-level digital asset management business, helping to expand its reach among high-net-worth and institutional clients. The company plans to increase the scale of its private banking-level digital asset management business to over $1 billion within the next two years.

New Fire Group Acquires Avenir Group's Investment Team and Trading System

On April 22, Iranian Foreign Ministry spokesman Baghaei stated regarding negotiations with the United States that diplomacy is a means to safeguard national interests. Diplomatic actions will only be taken if the conditions align with Iran's interests and contribute to reinforcing the achievements of the Iranian people in thwarting their enemies. (Xinhua News Agency)

[Iran's Foreign Ministry: Negotiations with the U.S. Only if They Serve Iran's Interests]On April 22, Iranian Foreign Ministry spokesman Baghaei stated regarding negotiations with the United States that diplomacy is a means to safeguard national interests. Diplomatic actions will only be taken if the conditions align with Iran's interests and contribute to reinforcing the achievements of the Iranian people in thwarting their enemies. (Xinhua News Agency)

Iran's Foreign Ministry: Negotiations with the U.S. Only if They Serve Iran's Interests

On April 22, cryptocurrency trading platform Hotcoin announced the launch of the 'Hotcoin Alpha Trader House Points Survival Battle' event, featuring an immersive trading experience that combines trading with travel. The registration period for this event is from April 22 to April 26, 2026, while the competition phase will take place from April 27 to May 3. During the event, users can accumulate points by completing trading tasks, and based on their rankings, they can win residence rights for up to 60 days in popular overseas destinations such as Chiang Mai, Osaka, Phuket, and Kuala Lumpur. In addition to residence rewards, outstanding participants will also have the opportunity to gain exclusive signing qualifications with the platform, along with support for traffic exposure and personal IP development. Hotcoin stated that this event aims to enhance user trading activity and community engagement through innovative incentive mechanisms, further strengthening platform ecosystem interaction and user loyalty.

[Hotcoin Launches 'Alpha Trader House Points Survival Battle' with Up to 60 Days of Overseas Trading Residence Rights]On April 22, cryptocurrency trading platform Hotcoin announced the launch of the 'Hotcoin Alpha Trader House Points Survival Battle' event, featuring an immersive trading experience that combines trading with travel. The registration period for this event is from April 22 to April 26, 2026, while the competition phase will take place from April 27 to May 3. During the event, users can accumulate points by completing trading tasks, and based on their rankings, they can win residence rights for up to 60 days in popular overseas destinations such as Chiang Mai, Osaka, Phuket, and Kuala Lumpur. In addition to residence rewards, outstanding participants will also have the opportunity to gain exclusive signing qualifications with the platform, along with support for traffic exposure and personal IP development. Hotcoin stated that this event aims to enhance user trading activity and community engagement through innovative incentive mechanisms, further strengthening platform ecosystem interaction and user loyalty.

Hotcoin Launches 'Alpha Trader House Points Survival Battle' with Up to 60 Days of Overseas Trading Residence Rights

On April 22, Edaily reported that Kim Hyun-jung, a member of the Democratic Party's special task force on digital assets, stated that a basic law on digital assets related to stablecoins (Phase II legislation) will be submitted after the local elections in June. A subcommittee for the bill will also be convened at that time. Kim pointed out that disputes regarding shareholder 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-sung towards stablecoins, he believes that stablecoin legislation will ultimately be passed. The Democratic Party's special task force on digital assets is considering meeting with Shin Hyun-sung after the local elections. Kim also emphasized the need to improve the relevant systems for CBDC and the Korean won stablecoin in advance, ensuring tax systems are consistent with international regulations, and effectively strengthening the infrastructure to combat digital asset crimes.

[South Korea's Democratic Party Plans to Introduce Stablecoin Legislation After June Elections]On April 22, Edaily reported that Kim Hyun-jung, a member of the Democratic Party's special task force on digital assets, stated that a basic law on digital assets related to stablecoins (Phase II legislation) will be submitted after the local elections in June. A subcommittee for the bill will also be convened at that time. Kim pointed out that disputes regarding shareholder 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-sung towards stablecoins, he believes that stablecoin legislation will ultimately be passed. The Democratic Party's special task force on digital assets is considering meeting with Shin Hyun-sung after the local elections. Kim also emphasized the need to improve the relevant systems for CBDC and the Korean won stablecoin in advance, ensuring tax systems are consistent with international regulations, and effectively strengthening the infrastructure to combat digital asset crimes.

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

On April 22, according to official news, the OP mainnet of the Ethereum L2 network has launched the enterprise-level privacy solution Privacy Boost. This solution was introduced by Sunnyside Labs, the core development team of the Optimism ecosystem, and features a ZK+TEE hybrid architecture with proof generation speeds of under 500 milliseconds. Privacy Boost is a plug-and-play SDK that supports privacy computing on any OP Stack chain. Sunnyside Labs is a company focused on blockchain infrastructure and has collaborated with OP Labs and other core contributors for over three years to jointly develop the core infrastructure of the OP Stack.

[OP Mainnet Launches Enterprise-Level Privacy Solution Privacy Boost]On April 22, according to official news, the OP mainnet of the Ethereum L2 network has launched the enterprise-level privacy solution Privacy Boost. This solution was introduced by Sunnyside Labs, the core development team of the Optimism ecosystem, and features a ZK+TEE hybrid architecture with proof generation speeds of under 500 milliseconds. Privacy Boost is a plug-and-play SDK that supports privacy computing on any OP Stack chain. Sunnyside Labs is a company focused on blockchain infrastructure and has collaborated with OP Labs and other core contributors for over three years to jointly develop the core infrastructure of the OP Stack.

OP Mainnet Launches Enterprise-Level Privacy Solution Privacy Boost

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 21, Russia's major crypto exchange Grinex ceased operations last Wednesday due to a suspected major cyber attack, reportedly resulting in losses exceeding 1 billion rubles (approximately 13 million USD). The platform claimed on Telegram that the attack showed "signs of involvement from foreign intelligence agencies." Grinex is the successor to the previously sanctioned and shut down Garantex exchange, providing a financial channel for the Russian economy to evade sanctions. In 2025, it processed nearly 100 billion USD in transactions for the sanctioned stablecoin A7A5. Experts point out that Grinex's closure is not only due to the hacker attack itself but, more importantly, it removes a trading platform that Russian businesses relied on to convert rubles into usable international currencies, causing "serious damage" to the infrastructure for evading sanctions and making it harder for the Russian economy to escape the pressure of sanctions. The exchange had been sanctioned by Western authorities including the US, UK, and EU in August 2025. Meanwhile, the Russian economy continues to weaken, with Putin revealing that GDP declined by 1.8% in January-February this year, and maritime oil exports may drop to their lowest level since 2023.

[Russian Crypto Exchange Grinex Ceases Operations]On April 21, Russia's major crypto exchange Grinex ceased operations last Wednesday due to a suspected major cyber attack, reportedly resulting in losses exceeding 1 billion rubles (approximately 13 million USD). The platform claimed on Telegram that the attack showed "signs of involvement from foreign intelligence agencies." Grinex is the successor to the previously sanctioned and shut down Garantex exchange, providing a financial channel for the Russian economy to evade sanctions. In 2025, it processed nearly 100 billion USD in transactions for the sanctioned stablecoin A7A5. Experts point out that Grinex's closure is not only due to the hacker attack itself but, more importantly, it removes a trading platform that Russian businesses relied on to convert rubles into usable international currencies, causing "serious damage" to the infrastructure for evading sanctions and making it harder for the Russian economy to escape the pressure of sanctions. The exchange had been sanctioned by Western authorities including the US, UK, and EU in August 2025. Meanwhile, the Russian economy continues to weaken, with Putin revealing that GDP declined by 1.8% in January-February this year, and maritime oil exports may drop to their lowest level since 2023.

Russian Crypto Exchange Grinex Ceases Operations

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Article

ZachXBT: KelpDAO Attacker Begins Laundering Stolen Funds into Bitcoin via Thorchain

Russian Crypto Exchange Grinex Ceases Operations

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