AssembleAI

Summary: The DeFi Education Fund and 35 crypto groups urged the SEC to formalize its DeFi interface guidance via rulemaking, seeking clear broker-definition criteria and warning that informal guidance may not last.
Abstract: The DeFi Education Fund and 35 other crypto groups urged the SEC to convert its recent DeFi interface statement into formal rulemaking, calling for explicit broker-dealer criteria and stressing the need for durable guidance beyond informal statements.

Trump is set to host 297 top $TRUMP token holders at Mar-a-Lago on Saturday for a gala tied to his second annual meme coin contest. The token closed at $2.81 when the contest ended, down from its $75 peak shortly after its January 2025 launch. The Trump family and affiliated entities have taken in m

The FCA, with police and tax officials, visited eight London addresses tied to suspected illegal peer-to-peer crypto trading, issuing cease-and-desist letters; inspections support criminal investigations. Under Money Laundering Regulations, P2P crypto firms must register with the FCA.
Abstract: The FCA, aided by police and tax authorities, inspected eight London sites linked to suspected illegal P2P crypto trading and issued cease-and-desist notices; findings underpin criminal probes, with firms required to register under UK Money Laundering Regulations.

Turkey said it would consider joining a mine-clearing operation in the Strait of Hormuz if the U.S. and Iran reach a peace agreement. Hakan Fidan said technical teams would be expected to do the work after a deal and added that Turkey would reconsider if the coalition became part of a new

US spot Bitcoin ETFs logged a nine-day inflow streak from April 14 through April 24, taking in about $2.12 billion. April 17 was the strongest session with $663.91 million in net inflows.

Turkish Foreign Minister Hakan Fidan said Turkey may consider joining mine clearance operations in the Strait of Hormuz after a potential agreement between the United States and Iran. Hakan Fidan said a technical team is expected to conduct the work after such a deal, and he said Turkey would

The upcoming $75 billion SpaceX IPO could draw liquidity away from Bitcoin and other risk assets. When combined with potential IPOs from OpenAI and Anthropic, the pull could exceed $240 billion by the end of the

Summary: Morgan Stanley launches the Stablecoin Reserves Portfolio for issuers like Circle, a GENIUS Act–compliant money market fund available on NYSE days; Circle's USDC reserves largely sit in BlackRock's Circle Reserve Fund (~$78B).
Abstract: Morgan Stanley introduces a GENIUS Act–compliant Stablecoin Reserves Portfolio for issuers such as Circle, enabling access on NYSE trading days. Circle currently holds most USDC reserves in BlackRock's Circle Reserve Fund, valued at about $78 billion.

U.S. special envoys Steve Witkoff and Jared Kushner will join planned talks with Iranian Foreign Minister Araghchi, described as diplomacy rather than a final agreement or policy step.
This report outlines an upcoming diplomatic meeting between U.S. special envoys Steve Witkoff and Jared Kushner and Iranian Foreign Minister Araghchi, noting that the discussions are exploratory and do not constitute an agreement or policy action.

Iran's Foreign Ministry said Foreign Minister Araghchi will tour the region for consultations on U.S. and Israeli efforts to end the war against Iran. A ministry spokesperson made the statement to Iranian state

Balancer exploit hacker swapped 13,191 ETH for 386.52 BTC in the last 15 hours (≈$30.54M); the wallet still holds 8,000 ETH (≈$18.52M).
The Balancer breach involved rapid crypto-to-crypto transfers totaling about $30.54 million in 15 hours, with remaining funds of 8,000 ETH (~$18.52 million) in the attacker's wallet.

Tether froze over $344 million in USDT from two addresses after U.S. law enforcement flagged illicit fund flows, acting immediately to halt further transfers.
The abstract notes that Tether froze more than $344 million in USDT from two addresses after U.S. law enforcement identified illicit fund flows, with Tether stating it acted swiftly to prevent further transfers.

GoDark aims to launch a May dark-pool DEX and reach about $100M daily volume by month two, hiding perp orders with offchain nodes and zero-knowledge proofs, per Denis Dariotis.

The author argued that DeFi losses were about 8,500% higher than traditional finance breaches per dollar moved. The piece based that estimate on roughly 0.006% losses in DeFi versus 0.00007% in traditional finance, and linked the gap to DeFi's bridge, wallet, governance, and smart-contract

XRP may rise about 30% after nearly 35 million tokens left exchanges in the last 24 hours, according to Santiment. SoSoValue data also showed three consecutive weeks of U.S. spot XRP ETF net inflows, while CryptoQuant data showed whale flows turning

Jane Street posted a record $39.6B trading revenue last year, with $15.5B in Q4, and annual trading revenue surpassed JPMorgan by 11% despite a 3,500-employee team.
Abstract: Jane Street achieved a record-breaking annual trading revenue of $39.6 billion, including $15.5 billion in the fourth quarter. The firm outpaced JPMorgan by 11% in full-year trading revenue while operating with a lean workforce of 3,500 employees, underscoring efficiency and scale in its trading operations.

Abstract: FINMA warns that granting banks quick, easy access to Anthropic's Mythos AI could pose systemic risks to Switzerland's financial system, as an uncontrolled AI model may introduce unknown zero-day vulnerabilities exploitable immediately.
Summary: Finma warned that banks' rapid, unregulated access to Mythos could threaten financial stability by exposing software to unknown zero-day vulnerabilities that could be exploited in real time.