News
30 Apr 2026, 11:00
WLFI drops 14% as controversial vote on ‘most significant proposal’ begins

A WSJ report linked the DeFi project to AB DAO, a sanctioned entity involved in pig-butchering scams.
30 Apr 2026, 11:00
US Treasury Seizes Nearly $500 Million in Iranian Crypto Assets Under Operation Economic Fury

BitcoinWorld US Treasury Seizes Nearly $500 Million in Iranian Crypto Assets Under Operation Economic Fury Washington, D.C. – April 30, 2025 – The United States Treasury Department has announced the seizure of nearly $500 million in Iranian crypto assets. Treasury Secretary Scott Bessent revealed the figure during a Fox Business interview on April 29. This action forms a key part of “Operation Economic Fury,” a pressure campaign ordered by President Donald Trump in March 2025. The seizure marks a significant escalation in the U.S. government’s financial war against the Iranian regime. Operation Economic Fury Targets Iranian Crypto Assets Secretary Bessent outlined the operation’s broad scope. He stated that the U.S. is freezing bank accounts globally. The goal is to discourage any willingness to transact with the Iranian regime. The sanctions extend beyond digital currencies. They also cover the retirement pensions and overseas real estate holdings of Iranian officials. This comprehensive approach aims to cut off all financial lifelines to Tehran. The $500 million figure represents a substantial increase from previously disclosed amounts. Last week, stablecoin issuer Tether froze over $344 million in USDT. This action followed sanctions on Iran-linked crypto wallets by the Treasury’s Office of Foreign Assets Control (OFAC). The coordinated effort highlights the government’s growing capability to track and seize digital assets. Background: The Evolution of Crypto Sanctions Against Iran This is not the first time the U.S. has targeted Iranian crypto holdings. However, the scale of this seizure is unprecedented. Previous actions involved smaller amounts and focused on specific exchanges or wallet addresses. Operation Economic Fury represents a systemic shift. It leverages advanced blockchain analytics to identify and freeze assets across multiple jurisdictions. Iran has increasingly turned to cryptocurrency to bypass traditional financial sanctions. The country uses digital assets to import goods and pay for services. This workaround threatens the effectiveness of the U.S. sanctions regime. The Treasury’s latest move sends a clear message: no financial channel is safe from American oversight. Key Details of the Seizure Total amount seized: Nearly $500 million in various cryptocurrencies. Primary target: Iranian government-linked wallets and exchanges. Key partners: OFAC, Tether (USDT issuer), and international financial intelligence units. Timeline: Operation began in March 2025; seizure announced April 29, 2025. Scope: Global freeze on bank accounts, crypto wallets, and real estate assets. Impact on Iran’s Economy and Crypto Markets The seizure deals a severe blow to Iran’s ability to finance its operations. The Iranian rial has already weakened against foreign currencies. This action will likely accelerate its decline. For the crypto market, the seizure creates uncertainty. Investors may worry about the safety of their assets on exchanges that do not comply with U.S. sanctions. However, the market reaction has been muted so far. Bitcoin and Ethereum prices remain stable. This suggests that the seizure is seen as a targeted action, not a broad crackdown on crypto. Analysts note that the U.S. is using crypto’s own transparency against its users. Blockchain’s public ledger makes it easier to trace illicit transactions. Expert Analysis: A New Era of Financial Enforcement “This is a watershed moment for financial enforcement,” says Dr. Elena Marchetti, a sanctions law expert at Georgetown University. “The Treasury is demonstrating that crypto is not a safe haven for rogue states. They are using the same tools that made crypto popular—transparency and immutability—to dismantle illicit networks.” Dr. Marchetti adds that the cooperation with Tether is crucial. Tether’s decision to freeze USDT wallets shows that stablecoin issuers are willing to comply with U.S. law. This precedent could force other issuers to follow suit. It also raises questions about decentralization. If a single company can freeze tokens, how decentralized is the ecosystem? Timeline of Key Events Date Event March 2025 President Trump orders Operation Economic Fury April 22, 2025 Tether freezes $344 million in USDT linked to Iran April 29, 2025 Treasury Secretary Bessent announces $500 million seizure How the U.S. Tracks and Seizes Iranian Crypto Assets The Treasury uses advanced blockchain analytics tools. These tools map transactions across multiple blockchains. They identify patterns that link wallets to Iranian entities. Once identified, OFAC issues sanctions designations. These designations require U.S.-based companies to freeze assets. The Treasury also works with foreign regulators to enforce seizures abroad. The process is not automatic. It requires significant intelligence gathering. The Treasury likely used classified information to pinpoint the wallets. This operation demonstrates a high level of interagency cooperation. The FBI, CIA, and Department of Justice all played roles. Global Reactions and Diplomatic Fallout Iran has condemned the seizure. The Iranian Foreign Ministry called it “economic terrorism.” They vowed to find new ways to circumvent sanctions. Meanwhile, European allies have expressed support. The EU has its own sanctions regime against Iran. However, some European officials worry about the precedent of freezing assets without a court order. Russia and China have criticized the action. They argue that it undermines the global financial system. Both countries are exploring alternatives to the U.S. dollar. This includes developing their own digital currencies. The seizure may accelerate those efforts. Conclusion The U.S. Treasury’s seizure of nearly $500 million in Iranian crypto assets marks a historic moment in financial enforcement. Operation Economic Fury demonstrates the government’s ability to target digital currencies with precision. The action sends a strong signal to rogue states and illicit actors. No financial channel, whether traditional or digital, is beyond the reach of U.S. sanctions. As the world moves toward a digital economy, this operation sets a critical precedent for the future of financial warfare. FAQs Q1: What is Operation Economic Fury? A: It is a U.S. pressure campaign ordered by President Trump in March 2025. It targets Iran’s financial networks, including crypto assets, bank accounts, and real estate. Q2: How did the U.S. seize the Iranian crypto assets? A: The Treasury used blockchain analytics to identify Iran-linked wallets. OFAC then sanctioned these wallets, forcing companies like Tether to freeze the assets. Q3: What role did Tether play in the seizure? A: Tether, the issuer of USDT, froze over $344 million in stablecoins linked to Iran. This action followed OFAC sanctions and was part of the larger seizure. Q4: Can Iran still use cryptocurrency after this seizure? A: Yes, but it will be more difficult. Iran may use decentralized exchanges or privacy coins to avoid detection. However, the U.S. is likely to adapt its tracking methods. Q5: What does this mean for ordinary crypto investors? A: The seizure is targeted and does not affect most investors. However, it highlights the importance of using compliant exchanges. Investors should avoid platforms that facilitate sanctions evasion. This post US Treasury Seizes Nearly $500 Million in Iranian Crypto Assets Under Operation Economic Fury first appeared on BitcoinWorld .
30 Apr 2026, 10:53
Dogecoin jumps 10 percent to $0.11 after 2 months flat

🚀 Dogecoin surged 10 percent in a single day to hit $0.11. This jump followed two months of flat trading in $DOGE. 🐳 Critical data: A whale’s $4.4 million leveraged bet almost turned disastrous before the breakout. Continue Reading: Dogecoin jumps 10 percent to $0.11 after 2 months flat The post Dogecoin jumps 10 percent to $0.11 after 2 months flat appeared first on COINTURK NEWS .
30 Apr 2026, 10:51
Bitget IPO Prime explained: SpaceX Pre-IPO tokens, risks and how it works (vs. Binance)

In 2026, the IPO market is experiencing a significant resurgence driven by strong venture capital flows, setting the stage for a “supercycle” of listings. Potential listings include SpaceX, OpenAI, Anthropic, Databricks, Stripe, Revolut, and Strava. The entry barrier for such investments is usually too high for retail buyers; this is also changing in 2026. Traders can now gain exposure to pre-IPO (before Initial Public Offering) company shares on the Bitget Universal Exchange via synthetic tokens on Bitget IPO Prime . In this article, we explore the potential of synthetic pre-IPO tokens and how traders can get an allocation through Bitget’s subscription model. We also explore how the subscription compares to Binance’s Web3 model, including its pros and cons. What is Bitget IPO Prime? Bitget IPO Prime is a subscription-based marketplace that issues investors synthetic claims on pre-IPO companies before they go public. It operates like a crypto launchpad but for private company shares historically reserved for institutional investors. IPO Prime operates on a ‘Platform-as-a-Service’ model, using Republic’s infrastructure to issue synthetic claims. Republic (compliant and $1B+ valuation) is a regulated tokenization platform specializing in startups, crypto, real estate, and pre‑IPO opportunities. The value of synthetic shares mirrors that of actual shares. Therefore, synthetic shares do not grant equity, voting rights, or ownership in the underlying company. Bitget IPO Prime gives investors exposure to SpaceX pre-IPO shares through preSPAX token allocations. By owning preSPAX, users hold a derivative-like claim that mirrors SpaceX’s economic performance after its IPO or acquisition. How it works: The mechanics Bitget treats pre-IPO assets as new token listings. You “apply” for an allocation, and once the subscription ends, the token (e.g., preSPAX) opens for trading on Bitget’s SPOT market. Here is a breakdown of the sale’s conduct: 1. IPO Prime (preSPAX) sale details Item Value Token name preSPAX Underlying asset Synthetic claim on SpaceX Implied valuation $1.5 trillion Total supply 94,000 preSPAX Subscription price $650 per token Total subscription value $61,100,000 Total commit cap $1,000,000,000 2. Subscription model Users subscribe for allocation by committing USDT or USDGO stablecoins. The minimum commitment is $100, while the maximum depends on the trader’s VIP tier limit. The offering has a total commitment cap of $1,000,000,000. These will be awarded on a first-come, first-served basis until the tier cap or total commitment cap is reached. Individual allocations will be proportional to the amount of stablecoins committed. Total subscription amount = (user commit amount / total commit by all users) * total tokens The more you commit, the more you can subscribe! 3. Tier limits VIP Tiers dictate the maximum amount of stablecoins traders can commit to the preSPAX subscription models. VIP tiers segment customers based on their engagement. Each VIP tier has its unique benefits and rewards. On Bitget, there are 7 VIP levels based on user trading volume or BGB balance. The higher the tier, the more the benefits. Benefits include low fees, free airdrops, and custom wealth plans. Here is a breakdown of the maximum amount users can commit based on their VIP level: VIP level Maximum commit amount ($) VIP 1 1,000 VIP 2 15,000 VIP 3 30,000 VIP 4 100,000 VIP 5 250,000 VIP 6 300,000 VIP 7 300,000 There are also limits for the maximum amount allocated for each VIP tier. VIP 0 and VIP 1 have a cap of $100,000,000 each. The remainder is allocated to the other tiers: VIP 2-VIP 7. 4. Post-Subscription Phase Once tokens are distributed, users can trade them in the secondary market, i.e., the OTC and spot markets. Secondary markets enable continuous price discovery when traditional pre-IPO investments are locked and illiquid. What does preSPAX actually give you? By owning preSPAX, you gain exposure to the SpaceX IPO through a reference index. preSPAX does not get you equity, voting rights, or dividends. Neither is the product endorsed by SpaceX. The index is meant to mirror the SpaceX IPO after listing. The preSPAX token lowers the entry barrier to SpaceX IPO shares. Anyone with a Bitget account can purchase the token on the Bitget exchange after its secondary-market listing. Bitget IPO Prime vs. Binance Pre-IPO In 2026, we are seeing widespread tokenization of real-world assets. For IPOs, we are seeing different exchanges use different mechanisms, but all with the same goal: democratizing access to high‑growth unicorns once reserved for venture capital elites. Binance and Bitget are dominant players in the space. Bitget IPO Prime uses a centralized subscription model, while Binance’s Pre-IPO uses a decentralized Web3 model. Binance Pre-IPO is available on the Binance Web3 wallet in collaboration with the PreStocks protocol. The underlying asset is a tradeable token on the Solana blockchain. According to Binance, the tokens are real-world assets (RWA) backed by a ‘Special Purpose Vehicle’ (SPV) with an actual claim or share in the company. So, the SPV holds the actual shares, not you. Bitget IPO Prime grants synthetic assets whose value is derived from a reference index designed to mirror the economic performance of the underlying company’s stock after it goes public at a 1:1 ratio. Here’s a structured comparison of the two products: Aspect Bitget IPO Prime Binance Pre-IPO (PreStocks) Product structure Synthetic claim issued by Republic, internal exchange instrument SPL token on Solana, backed by SPVs, held in a self-custody wallet Custody Centralized custody within the Bitget ecosystem Decentralized, user-controlled Web3 wallet Technical execution Subscription → Spot Market listing (preSPAX) On-chain AMM pools via Solana, accessed through Binance Web3 Wallet Liquidity mechanism Centralized Spot Order Book Decentralized liquidity pools (AMMs) Pros and Cons Bitget IPO Prime (Republic) Pros Deep liquidity. Stable price discovery via centralized order book. Familiar exchange interface for retail traders. Cons Locked into the Bitget ecosystem (non-portable liquidity). Synthetic exposure only, no direct equity ownership. Reliance on the Republic as a counterparty. Limited arbitrage opportunities. Binance Pre-IPO (PreStocks) Pros True Web3 asset sovereignty (self-custody). Arbitrage opportunities across DeFi pools. Transparent on-chain execution. Flexibility for agile traders. Cons Shallow liquidity (~$5M TVL) – higher volatility. Susceptible to flash crashes and slippage. Requires technical literacy and wallet management. SPV-backed claims don’t equal direct equity. Bitget’s model offers a more robust option for price action, thanks to its deep liquidity and centralized matching engine. Centralized platforms are also more beginner-friendly than their decentralized counterparts. For Web3-native investors, Binance’s PreStocks offers sovereignty and arbitrage potential, but at the cost of stability and depth. The SpaceX opportunity — Why it’s the perfect first listing SpaceX, reportedly the most valuable private space firm in the United States, is preparing for an initial public offering following a confidential SEC filing (April 1, 2026), targeting June 2026. The company is seeking a $1.75 trillion valuation to raise $78 billion. This valuation ranks SpaceX as the eighth-most-valuable company globally. SpaceX operations include launching satellites and rockets, providing internet services through Starlink, and transporting people to space. In February, the company merged with the artificial intelligence firm, xAI. Financial projections indicate that SpaceX will generate approximately $20 billion in revenue in 2026, while the AI firm will generate around $1 billion. Why invest in the SpaceX IPO? SpaceX launched the most commercial rockets in the US in 2025, Starlink now has over 9 million subscribers, and it owns XAI. For retail investors, direct pre‑IPO access is nearly impossible. Reasons include: The shares are restricted to high-net-worth individuals or institutions. High minimum investment, requires over $50,000 in commitments. Access to private platforms is limited, and liquidity is low. Regulatory constraints exclude investors outside the US. IPO Prime, through synthetic claims, gives retail investors direct exposure to SpaceX. The risks While investing in a unicorn is an attractive venture, some aspects still make investors hesitant, including the billions the company continues to lose (SpaceX). What if SpaceX never lists or delays significantly? A synthetic pre-IPO instrument for Stripe, issued via Republic, saw drawdowns of 50-70% after Stripe delayed its IPO and cut down its internal valuation. Secondary markets are also characteristic of high volatility. Thin secondary markets amplify wild swings, potentially making market exits costly. There is also information asymmetry. The law does not require private companies to provide the same transparency as public firms, leaving retail investors exposed. Companies also tend to base their valuation on hype rather than fundamentals, leading to significant losses for investors on listing. Synthetic claims also carry compliance risks due to their novelty, operating in regulatory gray zones where securities laws, investor protections, and disclosure standards are still being tested. There is also counterparty risk, Bitget, Republic, and the reference index. A failure in any of these could invalidate the synthetic claims. Investing in Pre-IPO shares requires a close look at both the benefits and risks. Their valuation is highly speculative and, therefore, a high-risk investment. Is Bitget IPO Prime worth it? A crypto exchange selling exposure to SpaceX would have sounded absurd 5 years ago. Bitget’s TradFi ventures align well with its vision of a Universal Exchange; crypto + stocks + pre-IPO under one roof. IPO Prime is a venture crafted for crypto-native retail investors wanting early access to promising IPOs. It uses a subscription model, typically used for new token launches, to provide a smooth, user-friendly trading experience. For investors seeking diversification or to speculate on new markets, IPO Prime offers real access and real innovation, albeit with limited rights.
30 Apr 2026, 10:50
Here’s why the XRP price correction is not over

XRP price has been trapped in a falling trend year-to-date (YTD), and on-chain data analysis signals further weakness in the near term. YTD XRP price has declined over 25% to trade at about $1.37 on April 30. Since early February 2026, the token has oscillated around $1.40, with an upper limit of roughly $1.50. XRP/USD YTD chart. Source: Finbold As such, the altcoin’s market capitalization has declined to approximately $84.7 billion at press time. Despite the robust fundamentals for XRP Ledger (XRPL), as Finbold previously pointed out , the token has struggled to rally beyond its multi-week strong supply wall near $1.50. The primary reason why the token failed to maintain bullish momentum in the past was due to low demand from whale investors YTD, led by spot XRP exchange-traded funds (ETFs), as Finbold reported . Two main reasons XRP price could fall further in the near term The near-term outlook for XRP leans heavily toward bearishness due to rising distribution among whales. Since early February 2026, the 365-day Simple Moving Average (SMA) for XRPL whale-to-exchange transactions has spiked to an all-time high (ATH) above 5,500 as of reporting time, according to data from CryptoQuant . XRPL whale to Binance transactions. Source: CyptoQuant With XRPL whale-to-exchange transactions over the past 1 year hitting an ATH, it is evident that large XRP holders have been distributing the token for an extended period, thereby weighing on potential bullish sentiment. XRPL Funding Rates on Binance. Source: CryptoQuant Meanwhile, Binance’s XRPL Funding Rates – periodic payments between longs and shorts in perpetual futures to keep the contract price aligned with spot price – recently turned positive, based on metrics from CryptoQuant . As a result, the derivative traders have leaned largely toward bullish, which could trigger a long squeeze – a rapid price drop that forces leveraged long positions to close open trades and accelerates the selloff. The combination of rising whale distribution and renewed long traders is a catalyst for a strong long squeeze. The post Here’s why the XRP price correction is not over appeared first on Finbold .
30 Apr 2026, 10:46
Ripple doubles regional presence with new Dubai office

🚀 Ripple just doubled its presence in Dubai with a new office. The company targets rapid growth as $XRP gains ground in the Middle East and Africa. Continue Reading: Ripple doubles regional presence with new Dubai office The post Ripple doubles regional presence with new Dubai office appeared first on COINTURK NEWS .









































