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BILL: Human-AI Collaboration NetworkZEST: Bitcoin Lending ProtocolATWO: Fans Vote to Change Live Outcomes Bitcoin Spot ETFs Saw $89.7M in Net Outflows on April 28 Bitcoin spot ETFs posted a combined $

Bitcoin Spot ETFs Saw $89.7M in Net Outflows on April 28

Bitcoin spot ETFs posted a combined $89.7 million in net outflows on April 28, with BlackRock’s iShares Bitcoin Trust (IBIT) accounting for $112 million in withdrawals, the largest single-fund outflow of the session.The U.S. Bitcoin spot ETF segment recorded $89.7 million in net outflows on April 28. The figure represents the net difference between new capital entering and capital leaving the 11 listed spot Bitcoin ETFs on that trading day.

Bitcoin Spot ETFs Saw $89.7M in Net Outflows on Ap

BILL: Human-AI Collaboration NetworkZEST: Bitcoin Lending ProtocolATWO: Fans Vote to Change Live OutcomesBitcoinWorldNative Markets Initiates Wind Down of Hyperliquid-Based Stablecoin USDH Native Mark

BitcoinWorldNative Markets Initiates Wind Down of Hyperliquid-Based Stablecoin USDH

Native Markets, a decentralized exchange built on the Hyperliquid (HYPE) blockchain, has announced the beginning of a structured wind-down process for its native stablecoin, USDH. The project confirmed the decision via its official X account, outlining a series of steps that will culminate in the cessation of new market creation and certain trading benefits.

Timeline and Key Actions

According to the announcement, Native Markets will unstake its HYPE tokens on May 27. This move is necessary to maintain USDH’s status as a trading settlement currency under the AQA/PQA framework. Following the unstaking, the creation of new markets and associated AQA benefits will be suspended. Existing USDH-denominated HIP-3 markets will continue to operate after the unstaking, though liquidations will be left to the discretion of each HIP-3 deployer. In contrast, HIP-1 spot markets will be terminated, and all open orders will be canceled.

Implications for USDH Holders

Native Markets has assured USDH holders that they will retain the ability to swap their tokens for USDC through the HyperCore order book after the unstaking is complete. This provides a clear exit path for users holding the stablecoin. The decision to wind down USDH appears to be a strategic move by Native Markets to streamline its operations, potentially in response to market conditions or regulatory considerations within the decentralized finance (DeFi) space.

Broader Context in the DeFi Ecosystem

The wind-down of USDH comes at a time when stablecoins, particularly those built on emerging blockchain networks like Hyperliquid, face increasing scrutiny regarding their sustainability and peg stability. Native Markets’ decision to revert to USDC—a more established and widely used stablecoin—reflects a broader trend among DeF

BitcoinWorldNative Markets Initiates Wind Down of

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BILL: Human-AI Collaboration NetworkZEST: Bitcoin Lending ProtocolATWO: Fans Vote to Change Live OutcomesA New York civil action filed on May 1 seeks a court ruling that ownership of 39,069 dormant Bi

A New York civil action filed on May 1 seeks a court ruling that ownership of 39,069 dormant Bitcoin addresses rests with the plaintiffs—Noah Doe and two Wyoming-based limited liability companies, ABC Company and XYZ Company. The suit claims the coins tied to these addresses constitute abandoned property discovered by the plaintiffs and reported to the New York Police Department, with a claim under New York Lost Property Law.

According to Cointelegraph, the filing argues that the wallets contain Bitcoin belonging to a spectrum of historic holders, including early miners and addresses attributed to the Bitcoin creator, Satoshi Nakamoto, along with other lost or unidentified entities. The action foregrounds long-standing questions about how inactive Bitcoin should be treated under property regimes and what ownership means when private keys are not accessible.

Industry observers note that even a court’s recognition of ownership would face fundamental, real-world constraints: the Bitcoin network has no mechanism to reallocate funds without the private keys that authorize transactions. The case underscores a core tension between legal theories of property and the operational realities of a distributed ledger.

“The network has no mechanism to reassign funds without a private key,” said Noveleader, lead research analyst at Castle Labs. “The one narrow exception would be if any of these coins are moved to a regulated custodian or exchange, at which point a court could compel that intermediary to act.”

The research perspective added that many of the coins cited in the suit may belong to deceased holders, lost keys, or long-term holders who have not transacted—further complicating claims of legal abandonment.

ABC Company, XYZ Company, Noah Doe, lawsuit against John Does holding 39,069 BTC. Source: ilawconotices.com

Key takeaways

The suit seeks a court declarat

A New York civil action filed on May 1 seeks a cou

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Grab Your Share of the 300 USDT Prize Pool!HTX Creation Challenge — Post and Win 1,500U 💥HTX Pizza Day Celebration: $200,000 Up for Grabs Oil prices are almost back to the "War is over" level. I wonde

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