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Cryptocurrency mining firm Core Scientific (CORZ) will develop its site in Pecos, Texas, into an AI-focused data center campus with up to 1.5 GW of capacity, Cointelegraph reported. Of the planned capacity, approximately 1 GW will be available for lease, and about 300 megawatts (MW) currently used for Bitcoin mining will be converted for data center operations. Core Scientific has also purchased over 200 additional acres of land to support the site.

Billions is facing growing community backlash after changing its initial token unlock conditions ahead of its Token Generation Event (TGE). The project had initially informed community sale participants that their tokens would be unlocked immediately at the TGE but has now shifted to a lock-up-based structure. Kaito, the launchpad platform that managed the sale, presented three options to participants yesterday: a full refund; the original token amount plus a 25% bonus with a six-month lock-up; or the original amount plus a 50% bonus with a 12-month lock-up. Community members have criticized the move as a unilateral change of contract terms. In response, the Billions Foundation announced that refunds will be processed sequentially starting on May 19. The CEO of Kaito also explained on X that the initial 5.6% unlock structure acted as a hurdle to securing exchange listings, making the introduction of a lock-up unavoidable.

Amber Premium, a subsidiary of Amber International, announced it has obtained a Virtual Asset Service Provider (VASP) license in Dubai. Amber International is an institutional crypto service provider under the market maker Amber Group. The license allows Amber Premium to offer a range of services to institutional and accredited investors, including brokerage, asset management, and virtual asset lending.

Bitmine (BMNR) is reportedly increasing its Ethereum (ETH) purchases, narrowing the gap with Strategy's (MSTR) Bitcoin accumulation. According to Cointelegraph, Bitmine purchased approximately 101,901 ETH ($234 million) last week, marking its largest weekly acquisition this year. This level of investment is comparable to Strategy's typical weekly Bitcoin purchases, which range from $200 million to $300 million. Bitmine has gradually scaled up its buying, starting from around $76 million per week in January. The company now holds over five million ETH, representing about 4.21% of the total circulating supply. Additionally, it has staked approximately 73% of its holdings, generating an estimated annual income of about $264 million.

According to data from CoinGlass, a drop below $76,080 would trigger the liquidation of $524.29 million in long positions on major centralized exchanges. Conversely, a move above $77,619 would liquidate $325.66 million in short positions.

An anonymous whale address starting with 0x004edc, which has made nine consecutive profitable Bitcoin short trades on Hyperliquid since the beginning of this month, has opened a new 300 BTC ($23 million) short position, Hyperinsight reported. The address has opened a total of 16 short positions this month, with this being its 17th. The new trade is a 20x cross short position with an average entry price of $76,612.7 and a liquidation price of $94,159.77.

An address believed to be associated with the LayerZero (ZRO) team deposited one million ZRO, worth $1.43 million, to Binance a short while ago, Onchain Lens reported. The address currently holds 29 million ZRO, valued at $41.34 million.

Ondo Finance (ONDO) is partnering with Nasdaq-listed fintech firm Broadridge Financial Solutions (BR) to provide voting rights and access to corporate disclosures for holders of its tokenized stocks and ETFs, CoinDesk reported. The new feature will allow users to view disclosures through their crypto wallets and cast votes via ProxyVote. Ondo stated that this move addresses a key gap where tokenized stocks previously lacked the governance participation rights of traditional shares. Votes submitted by token holders will be exercised by Ondo using the underlying assets it holds.

Bitcoin mining company Riot Platforms (RIOT) has amended its Bitcoin-backed loan agreement with Coinbase, The Energy Mag reported. The company has switched from a variable interest rate tied to the federal funds rate to a fixed rate to mitigate risks from interest rate fluctuations. The specific interest rate was not disclosed. Additionally, the agreement now includes a new provision for margin calls, which will be triggered if the collateral value falls below the required standard for two consecutive days. In the first quarter, Riot Platforms sold 3,778 BTC, raising approximately $289.5 million.

DeFi United, a group formed to assist Aave following an rsETH exploit, has announced its recovery plan via its official X account. The plan involves swapping secured ETH for rsETH to replenish collateral and clear bad debt. DeFi United, which previously raised over $300 million from multiple projects, intends to recover funds and stabilize the market by liquidating insolvent positions on Aave and Compound (COMP). The ultimate goal is to normalize the loan-to-value (LTV) ratio for rsETH-related transactions. However, the group noted that the recovery process will be conducted in several stages, as newly introduced security measures have not yet been verified.

The official X account (@monad) for the EVM-compatible project Monad (MON) has been suspended. The reason for the suspension is unknown.

Binance has announced that it will temporarily suspend deposits and withdrawals for Ronin (RON) starting at 2:00 p.m. UTC on May 12 to support the network's migration.

The U.S. Senate Banking Committee is scheduled to hold a vote at 2:00 p.m. UTC today, April 28, on the nomination of Kevin Warsh for Chairman of the Federal Reserve (Fed). If the committee approves the nomination, it will proceed to a full Senate floor vote before a final appointment by the President.

ZetaChain has announced the official launch of Anuma, an AI integration service built on ZetaChain 2.0, via its official X account. Anuma integrates major AI models like ChatGPT, Gemini, and Claude into a single application, providing a unified memory function that works seamlessly across sessions, devices, and models. The service also features a "Council Mode" for comparing responses from multiple AI models simultaneously and a "Text AI" function that allows users to send text messages to AI from their phones. Data privacy is a core design element, with user information protection set as the default. The Anuma team explained that most current AI services are inconvenient because they use separate apps and memories, forcing users to start over when trying a new model. They noted that Anuma was designed to allow users to leverage the different strengths of various AI models within a single app, all based on a unified memory.

At the Bitcoin 2026 Conference, CleanSpark CEO Matt Schultz highlighted the significant cost increases involved in converting mining facilities into AI data centers. He noted that the cost per megawatt jumps from around $500,000 to between $10 million and $12 million, while staffing needs grow from roughly one to eight employees per 10 MW. Schultz cautioned the mining industry against focusing solely on the short-term stock gains that can follow such announcements, pointing out that the extremely strict lease terms from major cloud providers mean that a single day of delay can wipe out an entire year's contract revenue.

Binance has announced it will delist several cross and isolated margin trading pairs at 6:00 a.m. UTC on May 1. The affected pairs are TRX/ETH, LINK/ETH, WLD/BTC, HBAR/BTC, and DOT/BTC.

Cryptocurrency analyst Willy Woo has analyzed that Bitcoin is currently attempting to form a bottom. He views a breakthrough of approximately $79,000, the average cost basis for short-term investors, as the key test for a future upward trend. However, Woo remains cautious, estimating the probability of the current rebound attempt succeeding at around 30%. He added that if Bitcoin can maintain stable support above $65,000, the likelihood of a structural bottom being confirmed will increase significantly. Woo emphasized that bottoming signals are not yet fully in place and that price movements over the next three to six weeks will be a critical juncture for the mid-to-long-term trend.

A new Bitcoin hard fork called eCash, promoted by developer Paul Sztorc, is facing growing criticism, BeInCrypto reported. The controversy centers on its distribution plan, scheduled for August, which will airdrop eCash to BTC holders at a 1:1 ratio. The plan includes an allocation of 600,000 eCash based on the 1.1 million BTC believed to be held by Satoshi Nakamoto. While this does not involve directly taking Satoshi's BTC, some industry figures have condemned the move as an act of theft and a sign of disrespect.

U.S. Republican Congressman Zach Nunn is pushing for legislation to restrict Chinese investors from acquiring American Bitcoin mining companies, he announced at the 2026 Bitcoin Conference. Nunn stated that Chinese investors have recently been active in pursuing such takeovers. He warned that if Chinese capital were to secure a majority stake in these firms, it could weaken the strategic position of the United States in the digital asset sector.

U.S. spot Ethereum ETFs recorded approximately $50.4 million in net outflows on April 27, according to data from Farside Investors. The funds flipped back to net outflows after a single day of net inflows. - BlackRock's ETHA: -$13.8 million - Fidelity's FETH: -$48.4 million - BlackRock's Staking ETHB: +$11.8 million

U.S. spot Bitcoin ETFs experienced a total net outflow of approximately $263.2 million on April 27, according to data from Farside Investors. This marks a shift to net outflows after 10 consecutive trading days of net inflows. - BlackRock's IBIT: -$17.5 million - Fidelity's FBTC: -$150.4 million - Bitwise's BITB: -$8.8 million - Ark Invest's ARKB: -$43.3 million - VanEck's HODL: -$14.1 million - Grayscale's GBTC: -$46.6 million

Binance has announced the addition of six new margin trading pairs, scheduled for 8:00 a.m. UTC today. The new pairs are AVNT/USDT, BIO/USDT, CHIP/USDT, CHIP/USD1, KAT/USDT, and XAUT/USD1.

Japanese cryptocurrency exchange Bitbank has launched a crypto card that allows users to pay off their credit card bills with their crypto holdings, The Block reported. Users can automatically repay their card balance with Bitcoin (BTC). The card also offers a cashback feature, rewarding users with 0.5% of their monthly spending in cryptocurrency. The rewards can be received in Bitcoin, Ethereum (ETH), or Astar Network (ASTR) and are paid into the user's Bitbank account.

Speaking at the Bitcoin 2026 conference, prominent Silicon Valley investor Tim Draper highlighted the limitations of the fiat currency system, urging nations and corporations to hold Bitcoin to prepare for a potential systemic collapse. He argued for an inevitable transition in money, progressing from fiat currencies to stablecoins and ultimately to Bitcoin. Draper emphasized that companies should hold 5-15% of their reserve funds in Bitcoin, households should store at least six months' worth of living expenses in the asset, and governments should maintain it as a strategic reserve.

Prominent on-chain analyst ZachXBT has criticized Worldcoin, a company associated with Sam Altman. He argued that the company launched with a low circulating supply of its WLD token in a manner similar to companies linked to SBF and FTX. ZachXBT stated that Worldcoin collected biometric data from people in low-income countries in exchange for small amounts of WLD. He added that this identity verification technology resulted in a black market for authenticated accounts. Furthermore, he pointed out that the token's supply is increasing at an unsustainable rate, with insiders regularly selling their holdings through over-the-counter deals.