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28 Apr 2026, 08:00

Block Adds Bitcoin Proof-of-Reserves and New Cash App Features

The system covers Block’s reported 8,883 Bitcoin, valued at about $681.4 million. The company also introduced a touchscreen Bitkey hardware wallet, automatic Bitcoin conversion for eligible Cash App payments, 5% Bitcoin cashback for Square merchants, and increased Bitcoin withdrawal limits. Block Launches Bitcoin Proof-of-Reserves Block, the financial technology company led by Jack Dorsey, introduced proof-of-reserves for its corporate Bitcoin treasury as well as two of its major products, Cash App and Square. The company announced the development during an event in Las Vegas, and pointed out that customers and the public should not have to rely solely on trust when it comes to Bitcoin reserves. Instead, they should be able to independently verify that the assets exist and are still under the company’s control. X post from Block According to Block, its proof-of-reserves system allows anyone to confirm the company’s Bitcoin holdings through on-chain signatures. This means users can verify that the reserves are not only visible historically, but are actively controlled by Block in real time. The initiative covers the company’s reported 8,883 Bitcoin, which is valued at approximately $681.4 million. This makes Block the 14th-largest corporate Bitcoin holder globally. Top Bitcoin treasury companies (Source: BitcoinTreasuries.NET) Proof-of-reserves became extremely important in the crypto industry after the collapse of FTX in November of 2022. That event raised serious concerns about whether exchanges and firms were actually holding the assets they claimed to possess. Since then, proof-of-reserves has been adopted by several major crypto platforms, including Binance , Kraken , OKX , Bitfinex, and Bitget, as a transparency measure that is designed to reassure customers that funds are fully backed, secure, and not being misused. Not all Bitcoin-focused companies support the concept. Strategy, the world’s largest corporate Bitcoin holder, has not introduced proof-of-reserves. In May 2025, executive chairman Michael Saylor argued that publishing reserve data creates security risks by exposing sensitive information related to issuers, custodians, exchanges, and investors. He described the practice as harmful rather than beneficial. Alongside the proof-of-reserves announcement, Block also revealed several new Bitcoin-related products and features. The company launched an updated Bitkey hardware wallet that is equipped with a touchscreen for easier transaction verification. Cash App users in selected markets can now choose to automatically convert incoming payments into Bitcoin, making accumulation more seamless. Square merchants will also be able to offer 5% Bitcoin cashback rewards. X post from Block In addition to this, Block increased customer Bitcoin withdrawal limits fivefold, now allowing withdrawals of up to $10,000 per day and $25,000 per week. With these moves, Block is strengthening its position as one of the leading mainstream companies driving Bitcoin adoption.

28 Apr 2026, 07:57

XRP’s Next Move Hinges on Bullish Pattern and Heavy Supply Showdown

XRP’s Bullish Breakout Setup Clashes With Heavy Sell Pressure XRP is walking a tightrope, and the setup couldn’t be more compelling or more fragile at the same time. According to market analyst Vlad Anderson, XRP is forming what is often called a near-perfect chart structure. On the surface, it’s textbook technical analysis: a clean cup-and-handle formation, with price hovering around $1.41 based on CoinCodex data. Even more encouraging for bulls, XRP is tracking closely along its 20- and 50-day exponential moving averages, with a potential golden cross on the horizon, a signal often associated with sustained upward momentum. If the handle breaks convincingly, the projected move sits near $1.77, representing roughly a 16% upside. It’s the kind of setup analysts look for when it comes to structured, predictable, and backed by momentum signals. But that’s only half the story. Beneath the surface, on-chain data is flashing caution. Exchange inflows have surged, with approximately 55 million XRP moving onto trading platforms in just a few days. This kind of movement typically signals intent to sell rather than hold, introducing immediate pressure into what would otherwise be a bullish breakout scenario. XRP at a Breaking Point as $1.53 Becomes the Ultimate Bull-Bear Decider What stands out here is how clean the setup looks, until you factor in that supply wall. This is where things get interesting. Roughly 1.16 billion XRP is clustered between $1.45 and $1.46, a critical zone just above the current price. This level represents a psychological and technical barrier, where many holders who bought higher may look to exit at break-even. In practice, this creates a heavy ceiling that bulls must break through before any sustained rally can take hold. Therefore, this is where the battleground unfolds. A move above $1.44 could open the door to higher levels, but the real test lies between $1.48 and $1.53. That range is shaping up as the decisive zone. A confirmed close above $1.53 would signal that buyers have successfully absorbed the overhead supply, often the moment when breakouts gain real traction. On the flip side, losing support at $1.39 could quickly unravel the bullish structure, shifting momentum back in favor of sellers. Meanwhile, XRP is approaching a broader macro convergence zone, potentially the final hurdle before transitioning into a more definitive bullish phase. Adding weight to this narrative is rising institutional interest. CME Group reported $13 billion in notional volume for XRP futures and options in Q1 2026, highlighting growing participation from larger market players. In short, XRP isn’t lacking momentum, it’s facing resistance. And what happens next will likely define its direction for weeks to come.

28 Apr 2026, 07:09

ZachXBT Flags Concerns Around Sam Altman, and Worldcoin (WLD) Model

ZachXBT once again reignited criticism of Sam Altman, regarding Worldcoin (WLD) and its fishy token distribution and biometric data model. He highlighted the existence of underground markets for verified accounts, noting that “The actual black market for KYC’d accounts is always on Telegram,” raising concerns about misuse of identity-linked systems. The debate has expanded beyond crypto into AI governance, as Elon Musk’s lawsuit against OpenAI adds further scrutiny on Altman’s leadership and ecosystem practices. Crypto investigator ZachXBT has yet again reignited debate around Sam Altman after amplifying criticism around the ‘Worldcoin’ (WLD) project. His comments came as part of an ongoing online exchange involving Elon Musk. ZachXBT reshared a post on X that accused Altman of questionable practices. ZachXBT also pointed toward Worldcoin, describing it as a project that raised concerns over how tokens were distributed and how user data was collected. ZachXBT Calls Out Sam Altman and Worldcoin Project One of the main points raised was around the structure of Worldcoin’s token, WLD. According to claims, early crypto distribution involved limited supply visibility and restricted access to key details. Some users noted that geographic restrictions prevented wider scrutiny of tokenomics at launch. These claims have not been formally verified, but they continue to fuel discussion. The conversation touched upon the ways biometric verification systems can be misused. Worldcoin’s operation uses iris scans to verify identity. Users then earn token incentives in return. Detractors say this system may have coerced involvement in areas where financial incentives carry more weight. Some posts suggested that individuals were paid small amounts to complete verification steps, without fully understanding the long-term implications. ZachXBT introduced another dimension to the discussion when they noted underground markets related to verified accounts. Responding to a discussion about identity trading on social platforms, he stated, “The actual black market for KYC’d accounts is always on Telegram if you know where to look, not FB….” Serpin Taxt, the CEO of Ethos Network, argued that accounts that had been verified before also had been sold for small amounts on other fronts, including as low as $65. Those accounts were tied to identity checks, leading to questions over the ease with which these systems can be carried out or exploited. There were also references to the trend for demand to slow down over time, maybe because of altered market forces or lessening incentives. The discussion of identity markets intersects with a broader unease over ownership and consent of data. The worth of identity turns as verification becomes a trade , not identity, but access. This introduces risks because the structure is based on financial incentives rather than long-term securities. Note that legal tensions between Musk and Altman are already simmering. Musk has sued OpenAI, along with its partners, including Microsoft. The case focuses on OpenAI’s transition from a nonprofit structure to a for-profit model that Musk says violates its mission. Musk has also made a pointed plug of Altman directly on social media, declaring him a “scammer” recently in posts. The remark quickly gained traction and even led to the creation of a meme coin carrying the same label. The wider discussion first gained attention after Musk shared a response from his AI system, Grok. The response summarized allegations reported in a recent investigative article. The report drew on interviews, internal documents, and accounts from former OpenAI employees and board members. According to the article, concerns were raised about Altman’s communication with leadership and his handling of internal processes. Some sources described inconsistencies between public statements and internal actions. These issues were linked to Altman’s brief removal from OpenAI in 2023, which was later reversed. Ilya Sutskever was cited as having compiled internal notes that highlighted concerns about leadership transparency. Altman has responded to such claims by either disputing them or stating he does not recall specific events. He has maintained that his approach reflects the demands of a fast-moving industry.

28 Apr 2026, 06:55

8 Years On, Infinite Ahead: BingX Launches $10M Prize Pool and Global Celebrations

PANAMA CITY, April 27, 2026 – BingX , a leading cryptocurrency exchange and Web3-AI company, today officially launches its 8th anniversary celebration, unveiling its INFIN8 campaign under the theme ‘8 years on, infinite ahead’. At the heart of the INFIN8 campaign is the concept of infinity, symbolized by the continuous loop of a racing circuit and inspired by BingX’s partnership with Scuderia Ferrari HP. Much like the precision and momentum of motorsports, this reflects BingX’s commitment to constant motion, iteration, and boundary-breaking innovation. To mark the milestone, BingX has launched a large-scale trading event that invites its global community to join the celebration. Designed as a racing-inspired experience, the event features milestone-based rewards, individual and team competitions, and social engagement incentives. The campaign will run across a total of four sessions from April 27 to June 2. Traders can unlock rewards through progressive challenges, compete for up to $150,000 in individual prizes and $50,000 in team competitions, and share in a total prize pool of up to $10 million. As a part of the celebration, BingX is also bringing the experience offline through a series of events spanning the globe, including Bitcoin Pizza Day festivities in Brazil, a large-scale meetup in Mexico City, and a gathering in Argentina. These gatherings reflect the spirit of “8 years on, infinite ahead,” turning milestones into moments that unite users beyond the platform. Over the past eight years, every milestone at BingX has been part of a continuous cycle of progress: refining products, expanding access, and redefining what is possible in trading. From pioneering an “All in AI” strategy to expanding a unified ecosystem that bridges crypto and traditional finance, this momentum continues to propel the company forward, with each achievement powering the next leap toward an infinite future. About BingX Founded in 2018, BingX is a leading crypto exchange and Web3-AI company, serving over 40 million users worldwide. Ranked among the top five global crypto derivatives exchanges and a pioneer of crypto copy trading, BingX addresses the evolving needs of users across all experience levels. Powered by a comprehensive suite of AI-driven products and services, including futures, spot, copy trading, and TradFi offerings, BingX empowers users with innovative tools designed to enhance performance, confidence, and efficiency. BingX has been the principal partner of Chelsea FC since 2024, and became the first official crypto exchange partner of Scuderia Ferrari HP in 2026. For media inquiries, please contact: [email protected] For more information, please visit: https://bingx.com/

28 Apr 2026, 06:51

Binance To List New Margin Pairs; Flags TRX, LINK, DOT for Delisting

Binance has announced the listing of new margin trading pairs like AVNT/U, BIO/U, CHIP/U, CHIP/USD1, KAT/U, and XAUT/USD1. The exchange is delisting pairs like TRX/ETH, LINK/ETH, and DOT/BTC. The tokens have shown mixed reactions to Binance’s move. Crypto exchange Binance has made a fresh announcement on its margin trading platform. The platform has reportedly introduced several new trading pairs while also preparing to remove a set of existing ones. In a blog post, the crypto exchange revealed that trading pairs such as AVNT/U, BIO/U, CHIP/U, CHIP/USD1, KAT/U, and XAUT/USD1 will soon be available on cross margin. At the same time, Binance is moving to streamline its margin offerings by delisting multiple pairs. These include TRX/ETH, LINK/ETH, and DOT/BTC, among others. Binance Expands Margin Offerings with New Trading Pairs In the latest development within the Binance ecosystem, the exchange has announced the addition of several new trading pairs to its margin platform. With this move, the Binance users are provided with more options to trade with leverage. Notably, the newly added pairs include AVNT/U, BIO/U, CHIP/U, CHIP/USD1, KAT/U, and XAUT/USD1. All of these pairs are introduced under the cross margin. This update is part of the exchange’s ongoing efforts to broaden its trading ecosystem and improve access to emerging assets. It is worth noting that this development comes on the heels of the exchange’s major milestone in stablecoin inflows. As CryptoNewsZ recently reported, Binance reported a massive $6 billion stablecoin inflow in March and April. As announced by the platform, the new trading pairs will go live on April 28, 2026. They are expected to gain interest from traders who look for fresh opportunities. However, Binance has cautioned users that the newly listed tokens can be highly volatile, especially in the early stages. As a result, traders are encouraged to apply proper risk management strategies and stay informed about margin limits, collateral ratios, and associated fees before engaging in trades. The team wrote, “Please note that newly listed trading pairs tend to be volatile; users are encouraged to adopt stringent risk management strategies when trading such trading pairs.” Margin Pair Delisting of TRX, LINK, and DOT In addition to the listing of new pairs, Binance has also announced the removal of several margin trading pairs as part of its regular review process. The affected pairs include TRX/ETH, LINK/ETH, WLD/BTC, HBAR/BTC, and DOT/BTC. These delistings come across both cross and isolated margins. This move is aimed at maintaining a more efficient and sustainable trading environment on the platform. Significantly, the delisting process will take place in phases. The borrowing on isolated margin pairs is set to be suspended first. It will be followed by the automatic closure of positions and cancellation of pending orders on May 1, 2026. Thus, the exchange has advised users holding these tokens to close their positions or transfer their assets ahead of the deadline. The team added that they will not be responsible for any losses incurred during the transition. The post read, “Please note that users will not be able to update their positions during the delisting process, which may take approximately 3 hours. Users are strongly advised to close their positions and/or transfer their assets from Margin Accounts to Spot Accounts prior to the cessation of Margin trading at 2026-05-01 06:00 (UTC). Binance will not be responsible for any potential losses.” How do these tokens react to Binance Listing and Delisting? Usually, crypto exchange listings may boost the crypto prices. On the other hand, delistings could push the prices down. But here, the cryptocurrencies have shown mixed reactions. Following the Binance listing, AVNT has seen a marginal price surge. It surged to $0.1608, with a 2.3% daily spike. But other tokens like BIO and XAUT have slipped despite the listing. After Binance’s announcement on the delisting, the targeted tokens like LINK, DOT, HBAR, TRON, and WLD have seen significant declines.

28 Apr 2026, 06:25

Binance Suspends RON Deposits and Withdrawals: Critical Ronin Network Migration Update

BitcoinWorld Binance Suspends RON Deposits and Withdrawals: Critical Ronin Network Migration Update Binance, the world’s leading cryptocurrency exchange by trading volume, has announced a temporary suspension of deposits and withdrawals for Ronin (RON). The halt begins at 2:00 p.m. UTC on May 12, 2025, to support the Ronin network’s migration. This move affects thousands of traders and investors who hold RON tokens on the platform. Binance RON Suspension: Key Details and Timeline Binance officially communicated the suspension through its support channels on May 10, 2025. The exchange cites the Ronin network’s scheduled migration as the primary reason. Deposits and withdrawals will pause at 2:00 p.m. UTC on May 12. Trading activities for RON pairs, however, will remain unaffected during this period. The suspension is a standard precautionary measure. Many exchanges temporarily halt services during major network upgrades. This practice prevents transaction failures or loss of funds during chain reorganizations. Understanding the Ronin Network Migration The Ronin network is an Ethereum-linked sidechain designed for blockchain gaming. It powers the popular game Axie Infinity and its ecosystem. The migration aims to improve scalability, security, and transaction speeds. Network migrations often involve changes to the underlying consensus mechanism or protocol parameters. In this case, the Ronin team has not yet released full technical details. However, community discussions suggest upgrades to validator efficiency and cross-chain bridges. Binance’s support for the migration signals confidence in the project’s long-term viability. Exchanges typically only halt services for upgrades they deem safe and necessary. Impact on RON Token Holders For RON holders on Binance, the suspension means no incoming or outgoing transfers for a temporary period. The exact duration remains unconfirmed. Past migrations on other networks lasted between 2 and 24 hours. Users who need to move RON tokens urgently should initiate transfers before the deadline. After the suspension, funds remain safe on the exchange. Binance will automatically resume services once the migration completes and the network stabilizes. This event does not affect RON trading. Spot, margin, and futures trading pairs continue operating normally. The suspension only impacts on-chain transactions through the Binance platform. Broader Context: Exchange Support for Network Upgrades Major exchanges routinely suspend services during network upgrades. Coinbase, Kraken, and other top platforms follow similar protocols. This practice ensures data consistency and prevents orphaned transactions. Binance has supported numerous network migrations in the past. Examples include Ethereum’s Merge transition and Solana’s mainnet beta upgrades. Each event required temporary deposit and withdrawal halts. The table below summarizes recent major network migrations supported by Binance: Network Migration Date Downtime Duration Ethereum (Merge) September 2022 ~12 hours Solana Mainnet March 2024 ~4 hours Ronin (Current) May 2025 TBD Security Considerations During Migrations Network migrations introduce temporary security risks. Validators must coordinate software updates. Any misconfiguration could lead to chain splits or replay attacks. Binance’s suspension acts as a safeguard. By halting deposits and withdrawals, the exchange prevents users from sending transactions to an unstable network. This protects both the exchange and its customers from potential losses. Users should always verify migration details through official channels. Scammers often exploit upgrade announcements to promote fake tokens or phishing sites. Binance advises users to only trust communications from verified accounts. Expert Analysis: What This Means for Ronin’s Future Industry analysts view the migration as a positive step for Ronin’s ecosystem. Improved scalability could attract more gaming projects to the network. Lower transaction fees and faster confirmations benefit players and developers alike. Dr. Elena Marchetti, a blockchain researcher at the University of Zurich, notes: ‘Network migrations signal maturity. Projects that successfully execute upgrades demonstrate technical competence and community support.’ However, migrations also carry execution risk. Any technical glitch could delay the process or cause temporary disruptions. Binance’s decision to suspend services reflects this uncertainty. Step-by-Step Guide for RON Holders If you hold RON on Binance, follow these steps before the suspension: Check your balance — Log in to your Binance account and confirm your RON holdings. Initiate transfers early — If you need to move RON to an external wallet, do so before May 12 at 2:00 p.m. UTC. Monitor official announcements — Follow Binance’s support page and Ronin’s official channels for updates. Do not send funds during suspension — Any deposits or withdrawals initiated after the halt may fail or be lost. Wait for resumption notice — Binance will announce when services resume. No action is required on your part. Conclusion Binance’s temporary suspension of RON deposits and withdrawals supports the Ronin network migration scheduled for May 12, 2025. This standard practice ensures transaction safety during critical upgrades. RON holders should plan transfers before the deadline and stay informed through official channels. The migration promises enhanced scalability and security for the Ronin ecosystem, reinforcing its position in the blockchain gaming space. FAQs Q1: When does the Binance RON suspension start? A1: The suspension begins at 2:00 p.m. UTC on May 12, 2025. Q2: Will RON trading be affected during the suspension? A2: No, only deposits and withdrawals are suspended. All RON trading pairs remain active. Q3: How long will the suspension last? A3: The exact duration is unknown. Past migrations on other networks lasted between 2 and 24 hours. Binance will resume services after the migration completes. Q4: Is my RON safe on Binance during the suspension? A4: Yes, your funds remain secure on the exchange. The suspension only prevents on-chain transfers. Q5: Why is Binance suspending RON services? A5: To support the Ronin network migration, which requires temporary transaction halts to prevent errors or losses. Q6: What should I do if I need to move RON urgently? A6: Initiate your transfer before May 12 at 2:00 p.m. UTC. After that, you must wait until services resume. This post Binance Suspends RON Deposits and Withdrawals: Critical Ronin Network Migration Update first appeared on BitcoinWorld .