News
1 May 2026, 11:30
CEO Behind $4.7 Billion Crash Banned From Crypto, But How Will This Work?

Celsius founder Alexander Mashinsky, who was responsible for the $4.7 billion 2022 crypto crash, has been banned from crypto. This forms part of a $10 million settlement with the Federal Trade Commission (FTC) while the crypto founder continues to serve a 12-year sentence. Celsius Founder Banned From Crypto As Part of $10 Million FTC Settlement A court order filed by the FTC shows that the Celsius founder is permanently banned from crypto. The order stipulates that Mashinsky is not allowed to advertise, market, promote, offer, distribute, or assist in doing any of these things with respect to products or services used to deposit, exchange, invest, or withdraw assets. Related Reading: Here’s What Happened In The Donald Trump Crypto Meeting With $TRUMP Holders This crypto ban forms part of a $10 million settlement with the FTC. The order included a $4.72 billion monetary judgment against the Celsius founder in favor of the Commission. This sum relates to Mashinsky’s role in the 2022 crash of his crypto lending platform, which left customers unable to access $4.7 billion in deposits. However, this monetary judgment is suspended, and Mashinsky has been ordered to pay $10 million to satisfy this monetary relief. The order also noted that the crypto founder shall be deemed to have satisfied the payment obligation if he pays this amount to the Department of Justice (DOJ) pursuant to the forfeiture order entered in his criminal case. It is worth noting that the Celsius founder is currently serving a 12-year sentence for fraud and market manipulation. The crypto founder had pleaded guilty in 2024 to committing commodities fraud and securities fraud at Celsius and was subsequently sentenced last year. The prosecution revealed that Mashinsky had used customers’ assets to place risky bets and to “line his own pockets.” In addition to his prison term, the Celsius founder was also sentenced to three years of supervised release and ordered to pay a $50,000 fine and forfeit $48 million. Crypto Founder Denied New Trial In Fraud Case Sam Bankman-Fried (SBF), who was convicted for fraud like Mashinsky, has had his request for a new trial denied. According to an ABC report, a federal judge denied SBF’s request for a new trial, rejecting the FTX founder’s claims that there are new witnesses in his case who could give evidence that would clear him of any wrongdoing. Related Reading: Crypto Decentralization Myth Busted: ETH And USDT Freezes Unveil A Shocking Truth The judge described this claim as baseless. SBF is currently serving a 25-year prison sentence for his role in the collapse of defunct crypto exchange FTX. Bankman-Fried was found to have used up to $8 billion in customers’ funds for his personal projects. However, he continues to deny any wrongdoing despite being found guilty, stating that his exchange was always solvent. It is worth noting that SBF was also seeking a pardon from U.S. President Donald Trump, but the White House has revealed that Trump has no plans to pardon him. Featured image from iStock, chart from Tradingview.com
1 May 2026, 11:15
Aptos DEX Tapp Exchange Shuts Down: Final Withdrawal Deadline Revealed

BitcoinWorld Aptos DEX Tapp Exchange Shuts Down: Final Withdrawal Deadline Revealed The Aptos DEX Tapp Exchange has officially announced its gradual shutdown, marking a significant event in the Aptos ecosystem. This decentralized exchange, which launched in June 2025, will cease operations about one year after its debut. Users can withdraw their assets until May 31, 2026. Tapp Exchange Closure: Timeline and Key Details Tapp Exchange launched in June 2025 as the first V4-style DEX on Aptos. It aimed to provide advanced trading features and high liquidity. However, the platform now confirms its closure. The exchange will maintain full protocol functionality until the end of May 2026. This allows users ample time to withdraw their funds. The shutdown follows a pattern seen in the broader DeFi space. Many DEXs face challenges with user retention and market volatility. Tapp Exchange’s decision reflects a strategic shift for its development team. The team has not disclosed specific reasons for the closure. However, market conditions and operational costs likely played a role. Users must act before the deadline. After May 31, 2026, the protocol will no longer support withdrawals. The team advises all users to transfer their assets to self-custodial wallets or other exchanges. This step ensures no funds are lost during the shutdown. Impact on the Aptos Ecosystem The Aptos DEX Tapp Exchange shutdown sends ripples through the Aptos blockchain community. Aptos, a layer-1 blockchain, has seen steady growth since its mainnet launch. However, the closure of a major DEX raises questions about ecosystem stability. Several factors contribute to this impact: Liquidity loss: Tapp Exchange held significant liquidity pools. Its closure reduces overall liquidity on Aptos. User trust: Some users may lose confidence in Aptos-based DeFi projects. Competition: Other DEXs on Aptos, such as Liquidswap and Pontem, may gain users. Despite this setback, the Aptos ecosystem continues to evolve. Developers are building new protocols and tools. The network’s total value locked (TVL) remains resilient. However, the Tapp Exchange closure highlights the need for sustainable DeFi models. What Led to the Decision? Decentralized exchanges face unique operational hurdles. Tapp Exchange’s closure likely stems from a combination of factors: Low trading volume: Many DEXs struggle to attract consistent users. High development costs: Maintaining a V4-style DEX requires constant upgrades. Regulatory uncertainty: Global crypto regulations continue to evolve. The team has not provided a detailed post-mortem. However, similar closures in the industry often cite these challenges. For example, other DEXs on Solana and Polygon have shut down for comparable reasons. User Guidance: How to Withdraw Funds Users must follow specific steps to secure their assets. The process is straightforward but requires attention to detail: Connect your wallet to the Tapp Exchange interface. Navigate to the withdrawal section on the platform. Select the assets you wish to withdraw. Confirm the transaction on the Aptos blockchain. Transfer funds to a secure wallet or another exchange. The team recommends completing these steps before April 2026. This buffer period avoids last-minute network congestion. Users should also double-check wallet addresses to prevent errors. Broader Context: DEX Closures in 2025-2026 The Aptos DEX Tapp Exchange shutdown is not an isolated event. The DeFi sector has witnessed several exchange closures in recent years. Market downturns and shifting user preferences drive this trend. Key statistics from 2025 highlight the challenges: 30% of DEXs launched in 2024-2025 have since closed. Average lifespan of a DEX is now 18 months. Top 10 DEXs control over 80% of total trading volume. These numbers underscore the competitive nature of the space. Smaller DEXs like Tapp Exchange often struggle to gain traction. The V4-style design offered advanced features but could not overcome market dynamics. Expert Perspectives on the Shutdown Industry analysts view the Tapp Exchange closure as a natural market correction. “The DeFi market is maturing,” says a blockchain researcher. “Only the most resilient protocols survive.” This sentiment echoes across the crypto community. Another expert notes, “Aptos still has strong fundamentals. The loss of one DEX does not define the network.” Developers on Aptos continue to innovate. New projects focus on scalability and user experience. These efforts may attract former Tapp Exchange users. Future of Aptos DeFi After Tapp Exchange The Aptos ecosystem remains active despite the Tapp Exchange closure. Several other DEXs and DeFi protocols operate on the network. These platforms offer similar services with varying features. Comparison of active Aptos DEXs: DEX Type TVL (USD) Liquidswap AMM $50 million Pontem AMM + Lending $35 million Mojito Markets Order Book $20 million These platforms provide alternatives for users affected by the shutdown. Liquidity migration may strengthen these existing protocols. The Aptos community remains optimistic about long-term growth. Conclusion The Aptos DEX Tapp Exchange shutdown marks a pivotal moment for the ecosystem. Users have until May 31, 2026, to withdraw their assets. This closure highlights the volatile nature of decentralized finance. However, the Aptos network continues to evolve with other active protocols. Investors and users should stay informed and secure their funds promptly. The Tapp Exchange closure serves as a reminder of the importance of due diligence in crypto investments. FAQs Q1: What is the deadline to withdraw funds from Tapp Exchange? A1: The deadline is May 31, 2026. After this date, the protocol will no longer support withdrawals. Q2: Why is Tapp Exchange shutting down? A2: The team has not disclosed specific reasons. However, low trading volume, high costs, and market conditions likely contributed to the decision. Q3: Will my assets be safe after the shutdown? A3: Yes, if you withdraw before the deadline. After May 31, 2026, assets may become inaccessible. Q4: Can I still trade on Tapp Exchange before it closes? A4: Yes, the exchange maintains full functionality until the end of May 2026. Trading and withdrawals remain active. Q5: Are there other DEXs on Aptos I can use? A5: Yes, platforms like Liquidswap, Pontem, and Mojito Markets offer similar services on the Aptos network. Q6: How do I withdraw my funds from Tapp Exchange? A6: Connect your wallet, navigate to the withdrawal section, select assets, confirm the transaction, and transfer to a secure wallet. This post Aptos DEX Tapp Exchange Shuts Down: Final Withdrawal Deadline Revealed first appeared on BitcoinWorld .
1 May 2026, 10:32
South Korean Court Lifts Bithumb's Six-Month Business Suspension

A Seoul court has reversed March sanctions that would have restricted the exchange's core functions over alleged compliance failures.
1 May 2026, 10:02
Something Is Brewing In XRP’s Binance Outflow Data: Big Bags Moving Quietly

A subtle shift in exchange flows has begun to shape the current outlook for XRP. Recent data tied to Binance activity shows a growing concentration of large holders moving funds off the platform. The change developed through steady shifts in outflow composition, and it is now led heavily by whales. Technical analyst Xaif (@Xaif_Crypto) highlighted the trend, revealing that whales control 56.4% of all daily outflows, and that number spiked twice in a row. His observation aligns with the chart, which tracks XRP outflows by wallet size over time. Something's brewing in XRP's Binance outflow data whales controlling 56.4% of all daily outflows and that number just spiked twice in a row big bags moving off exchange… quietly pic.twitter.com/bvT5Vonwyo — Xaif Crypto (@Xaif_Crypto) April 29, 2026 Whale Outflows Take Control The chart shows four key groups. These include wallets below 10,000 XRP, 10,000-100,000 XRP, 100,000-1 million XRP, and those above 1 million XRP. The largest group now dominates. Wallets holding more than 1 million XRP account for 56.4% of total daily outflows, sitting well above the other segments. Two recent spikes stand out clearly. Both appear in the blue section of the chart, which represents the largest holders. These spikes mark sharp increases in whale-driven outflows, and happened in late March and now in late April. The movement suggests coordinated or at least concentrated activity among large accounts. Mid-sized holders, particularly in the 100,000-1 million range, maintain a steady share near 19.3%. Smaller cohorts contribute less. Wallets under 10,000 XRP hold just over 5%, while the 10,000-100,000 segment stays near 19%. The imbalance shows that large players now drive most of the flow leaving Binance . Price Action Moves Alongside Outflows The price line in the chart provides additional context. It began just before XRP’s rise to its all-time high in July 2025 . The digital asset now sits near $1.38, marking a notable decline from its peak of $3.65. Despite the decline, whale outflows have increased. This divergence is notable. Large holders often move funds off exchanges for storage, repositioning, or preparation for longer-term strategies. The chart also shows that earlier periods with lower whale dominance coincided with more balanced outflows across wallet sizes. That balance has shifted. Now, whales control more than half of all activity, leaving the exchange. What Comes Next for XRP? Rising whale outflows can tighten XRP’s supply on Binance, reinforcing a broader trend of shrinking exchange supply . Large holders controlling over 50% of outflows can help stabilize the price near current levels. If the trend continues, XRP could see a short-term bounce as supply tightens. Sustained outflows would support gradual upside movement, while a drop in whale activity would likely keep the asset range-bound in the near term. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Something Is Brewing In XRP’s Binance Outflow Data: Big Bags Moving Quietly appeared first on Times Tabloid .
1 May 2026, 10:00
Bitcoin Is In An Institutional Support Zone: Here Are The Three Metrics Funds Need Before They Jump In

Bitcoin is holding above $75,000 as the bullish momentum that drove it toward $79,000 over recent sessions has begun to slow. The recovery is real but not yet decisive — and as the market consolidates, a GugaOnChain report is drawing attention to a specific price zone that institutional participants appear to be watching with increasing focus. The report identifies the $65,000 to $70,000 range as a zone of potential liquidity capture — the area where institutional accumulation has historically concentrated during corrective phases. With Bitcoin’s three-day pullback bringing that range back into realistic view, the framework for identifying whether smart money is actually positioning there has returned to the radar. The analytical approach the report outlines is not a single signal but a convergence of three. The first rests on a metric that measures retail pain. When recent Bitcoin buyers are forced to sell at a loss — when the holders who bought in the past few months are capitulating at prices below their entry — the STH-SOPR falls below 1.0. That reading is not merely a bearish signal. It is the specific condition that has historically marked the moment when institutional participants begin filling positions, absorbing the cheap liquidity that retail panic produces. The bleeding of weak hands and the buying of smart money are not opposites. In markets, they tend to happen at the same time, and identifying when they are occurring simultaneously is the framework the report is built around. Two More Signals. When All Three Align, the Move Becomes Inevitable The STH-SOPR reading confirms retail pain. But pain alone is not enough to validate institutional accumulation — it must be accompanied by the capital and the positioning that transforms a support test into a directional shock. The second and third pillars of the GugaOnChain framework provide those confirmations. The stablecoin supply ratio tracks the firepower waiting on the sidelines. When large inflows of USDT arrive on Binance — the exchange that processes the largest share of global Bitcoin volume — it signals that institutional capital has been loaded and is ready to deploy. That influx must coincide with a specific divergence in order flow: retail traders opening leveraged short positions in derivatives while institutions silently accumulate the actual asset in spot markets. The CVD captures that split in real time. When derivatives show aggressive shorting while spot buying quietly dominates, the structure for a squeeze is forming beneath the surface. The funding rate completes the picture and provides the trigger. When the 30-day funding rate reaches persistent negative readings between -0.015% and -0.020%, short sellers have become dangerously overleveraged. They have borrowed heavily to bet against the price — and in doing so, they have created the directional fuel that makes a violent short squeeze not just possible but mechanically inevitable when institutional buying begins in earnest. The convergence of all three — retail capitulation in spot, stablecoin firepower confirmed on Binance, and extreme negative funding guaranteeing overleveraged shorts — is the framework that filters noise from signal. When they align simultaneously, the directional shock the report describes does not arrive gradually. It arrives all at once. Bitcoin Tests Range High As Recovery Meets Overhead Resistance Bitcoin is trading around $76,000, pressing into a resistance zone that has repeatedly capped upside attempts since the February breakdown. After establishing a base between $64,000 and $68,000, the price has trended higher in a controlled recovery, forming a sequence of higher lows that reflects improving short-term structure. However, that recovery is now confronting a critical inflection point. The $74,000–$76,000 region stands out as a clear supply zone. It previously acted as support before the breakdown and is now functioning as resistance, with multiple rejections confirming the presence of sellers. This aligns with the 100-day and 200-day moving averages, both trending downward and converging above the current price, reinforcing the broader bearish bias. Momentum is slowing as the price approaches this level. Recent candles show smaller bodies and reduced follow-through, suggesting that buyers are losing strength as they encounter overhead supply. Volume patterns support this interpretation. The spike during the February selloff marked capitulation, but the subsequent recovery has occurred on relatively moderate volume, indicating limited conviction behind the move. Structurally, Bitcoin remains range-bound between $64,000 support and $76,000 resistance. A decisive break above this zone would shift momentum and open a move toward $80,000, while rejection here risks a rotation back into the lower range. Featured image from ChatGPT, chart from TradingView.com
1 May 2026, 09:50
Ethereum Price Prediction: Can ETH Hold $2,335 Support?

Ethereum is sitting near a key market cost basis at $2,335, where a clean reclaim could support a wider move toward the $5,600 MVRV band. However, a separate Wyckoff chart warns that ETH may first grab liquidity near $2,400–$2,450 before turning lower. Ethereum Price Tests $2,335 Support as $5,600 Target Comes Into View Ethereum is trying to reclaim its Realized Price near $2,335 as support, according to the MVRV pricing bands chart shared by Ali Charts. The chart shows ETH trading close to the green Realized Price band after recovering from the lower blue band near $1,868. This area matters because Realized Price reflects the market’s average cost basis. When ETH trades above it and holds that level, buyers usually gain a stronger base for a wider move. ETH MVRV Pricing Bands. Source: Ali Charts on X Ali Charts said a successful reclaim of $2,335 is a standard technical condition for a sustained rally. The chart shows that ETH previously built stronger upward moves after regaining this level. However, failure to hold it would keep price exposed to the lower MVRV band near $1,868. The next major upside band sits near $5,604, marked by the 2.4 MVRV level. That level does not mean ETH will move there immediately. Instead, it shows the next major valuation zone if Ethereum turns Realized Price into support and keeps momentum. The upper red band stands near $7,473, while the black line tracks ETH’s market price. For now, the chart keeps the main focus on whether ETH can stay above the green band. Ethereum needs continued strength above $2,335 to support the bullish setup. If buyers defend that level, the $5,600 MVRV band becomes the main higher target. If ETH loses it, the chart weakens and brings the $1,868 band back into focus. Ethereum Wyckoff Setup Points to Liquidity Grab Before Downside Move Ethereum is moving near a possible UTAD phase in a Wyckoff Distribution setup, according to the chart shared by Mister Crypto. The chart shows ETH on the 6-hour Coinbase chart, with price moving inside a distribution structure after its April recovery. The setup maps Ethereum against the classic Wyckoff model, where price first builds a range, tests resistance, then traps late buyers before a larger move lower.’ ETH 6H Wyckoff Distribution Chart. Source: Mister Crypto on X Mister Crypto said ETH could soon enter the UTAD phase, also known as an upthrust after distribution. In this setup, price pushes above the range to grab topside liquidity before losing strength. The projected path shows ETH moving toward the upper resistance area near $2,400–$2,450. After that, the chart points to a sharp reversal back through the range. If the pattern plays out, ETH could move below the support zone around $2,275–$2,300. The chart then shows a deeper downside path toward the $2,050 area. However, the setup depends on ETH failing after the liquidity grab. A strong hold above the upper resistance area would weaken the Wyckoff Distribution case. For now, the chart keeps the main focus on the next move near resistance. ETH needs to avoid rejection after any push higher, or sellers could take control again.









































