Pakistan PVARA: Authorization Required for Virtual Asset Pilot Projects and Stablecoin Operations
Foresight News reports that the Pakistan Virtual Assets Regulatory Authority (PVARA) has announced that recent financial institutions are rolling out pilot projects involving stablecoin cross-border payments and remittances. PVARA has made it clear that under the Virtual Assets Act of 2026, providing virtual asset services (including issuance, transfer, custody, exchange, and related blockchain solutions) within Pakistan falls under its regulatory scope. Any agreements or pilot projects must be authorized by PVARA in advance. Plans released without prior communication may face regulatory, reputational, and FATF compliance risks, and such activities may not be legally conducted. The officials recommend that relevant parties reach out to them early through regulatory sandboxes or No Objection Certificates (NOC) processes.
EU Passes 20th Round of Sanctions Against Russia, Fully Bans Russian Crypto Platforms and Digital Ruble
Foresight News reports, according to CoinDesk, the EU has recently rolled out the most extensive sanctions against Russia in two years, aiming to cut off its ability to use digital assets to evade economic sanctions. This plan imposes a complete ban on crypto service providers and platforms established in Russia, and blocks its central bank digital currency, the digital ruble, along with the RUBx stablecoin pegged to the ruble. Additionally, the EU prohibits any services that support the development of the digital ruble. Furthermore, citing a report from blockchain analytics firm Chainalysis, it's noted that the sanctioned A7A5 ecosystem has processed a total of $119.7 billion in funds.
Aave DAO Community Proposal Officially Suspends AAVE Buyback to Address RsETH Bridging Security Incident
According to Foresight News, the Aave DAO service provider TokenLogic initiated an 'ARFC' proposal on the governance forum via the Snapshot page, recommending the formal suspension of AAVE token buybacks. This proposal aims to address the LayerZero rsETH bridge path attack incident that occurred on April 18, which resulted in uncollateralized rsETH entering multiple chains' Aave V3 markets.
The proposal indicates that AAVE's buyback operations have effectively stopped since April 19. This proposal aims to formalize that decision. The main goal of pausing the buyback is to maintain flexibility and liquidity of treasury funds until the loss allocation, bad debt situation, and recovery plan related to the rsETH incident are clarified. The resumption of the buyback plan will depend on the subsequent developments of this incident and community evaluation. Previously, Aave had taken defensive measures like freezing rsETH reserves and adjusting interest rates.
A cluster of wallets is gradually offloading BULL tokens, still holding 30% of the token supply
According to Foresight News, monitored by Bubblemaps, about 50% of the BULL tokens are heavily concentrated, hidden within a complex web of linked wallets. A cluster of over 100 wallets has been transferring some tokens to new wallets and offloading them in small batches to evade detection, currently raking in around $250,000, with several addresses cashing out at the peak. This cluster still holds 30% of the total BULL supply.
Polymarket: BTC's odds of hitting $80,000 in April drop to 46%
Foresight News reports that the odds of Bitcoin hitting $80,000 in April on Polymarket have dropped to 46%, with a trading volume of about $47.99 million; the probability of dropping below $75,000 is 32%.
Additionally, the likelihood of Ethereum reaching $2,600 in April has fallen to 3%, with a trading volume of approximately $10.47 million; the chance of it hitting $2,000 is 2%.
Note: The above forecast is based on Binance BTC/USDT and ETH/USDT 1-minute candlestick highs, with the settlement time set for May 1st at 11:59.
Banking Circle Launches Stablecoin Settlement Service, Supporting USDC, USDG, and EURI
According to Foresight News, Luxembourg's Banking Circle has launched a stablecoin settlement service, offering bi-directional settlement functionality between fiat and stablecoins. Previously, the bank received a crypto asset service provider (CASP) license from the Luxembourg Financial Supervisory Authority (CSSF) on April 15. This service currently supports instant settlements for USDC, USDG, and EURI, aiming to leverage blockchain technology to enhance the efficiency of cross-border settlements and fund management.
Bitget Launches Blockchain4Youth Learning Center's First Course, Collaborating with Bondex to Build Web3 Talent Pathways
Foresight News reports that Bitget has officially launched the 'Blockchain4Youth Learning Center' with its first course aimed at providing a structured blockchain learning path for the youth. Upon completing the course and passing the assessment, students will receive a certificate signed by Bitget's Chief Marketing Officer Ignacio Aguirre Franco, serving as an official endorsement of their Web3 skills. Certificate holders can gain more industry exposure and priority job opportunities among employers in the Blockchain4Youth talent alliance.
To bridge the gap from learning to employment, Bitget has partnered with the Web3 recruitment platform Bondex to provide students with a transparent job-seeking pathway and talent pool connection mechanism. Bondex co-founder Ignacio Palomera stated that this project aims to address the real issues learners face after completing courses, such as a lack of industry connections, insufficient certifications, and unclear job pathways, thereby building a more direct bridge between young talent and hiring companies.
Nansen API now supports Tempo's MPP protocol; AI agents can pay on-demand through wallets
Foresight News reports that the on-chain data platform Nansen API now supports the Machine Payments Protocol (MPP), allowing agents to pay directly through their wallets based on usage. MPP is the standard for autonomous machine-to-machine payments, backed by Tempo and Stripe. This feature runs in parallel with x402 and the Nansen API keys, with endpoints, data, and pricing (starting at $0.01 per call) remaining unchanged.
'FilmStar' account spends 35 ETH on two BAYC NFTs worth approximately $84,000
According to Foresight News, the OpenSea page shows that an account named 'FilmStar' splurged a total of 35 ETH (around $84,000) to snag two Bored Ape Yacht Club (BAYC) NFTs about 6 hours ago. Among them, BAYC #9339 was sold for 25 ETH, valued at roughly $59,900; BAYC #6154 went for 10 ETH, around $24,000. Rumors are swirling that the owner of this account is a popular K-Pop star, and currently, the wallet address is holding over $2 million in USDC and ETH.
Foresight News reports that Web3 bot company XMAQUINA tweeted they will launch the DEUS token TGE on May 27.
Foresight News previously reported that XMAQUINA partnered with Virtuals Protocol in January 2026 to complete the DEUS community auction, with an FDV of $60 million. According to the previously released roadmap, in addition to the TGE, the project also plans to launch governance V2, veToken, staking, and the RCM protocol.
You might want to check out the takeover model of perp DEXs for lending protocols.
Written by: Eric, Foresight News
In the past week, the news around the Kelp DAO attack has been mostly positive.
Arbitrum, despite its centralized reputation, forcibly transferred over 30,000 ETH from hacker addresses. Aave's DeFi United has also received around 102,000 ETH. With the ETH frozen by Arbitrum, the total available to cover the gaps left by the hack now exceeds the amount stolen by the hacker.
Meanwhile, assets like WBTC and USDT0 that were paused for cross-chain transactions via LayerZero right after the hack are now back up and running. The industry's sentiment towards this major incident has gradually shifted from pessimism to a sense of unity in tackling the issue.
CHIP deployment address associated party deposits 75 million tokens to OKX, worth 5.73 million USD
Foresight News reports that according to Ai Yi's monitoring, the USD.AI (CHIP) deployment address associated party deposited 75 million tokens to OKX 1 hour ago, worth 5.73 million USD. This address was created 3 days ago, with the funding source being an address starting with 0xE23, which is the CHIP token deployment address. After receiving these tokens 2 days ago, they have now been fully deposited into the exchange today.
National Development and Reform Commission: Prohibits foreign investment in Manus project, demands deal unwind
Foresight News reports that, according to the National Development and Reform Commission's official website, the Office of the Foreign Investment Security Review (under the National Development and Reform Commission) has legally prohibited foreign investment in the Manus project, demanding the parties involved to unwind this acquisition deal.
Bybit Launches MSFT, GOOGL, and META USDT Perpetual Contracts
Foresight News reports that Bybit has launched perpetual contracts for MSFT USDT, GOOGL USDT, and META USDT, with leverage of up to 10x. The underlying assets for these contracts are Microsoft (MSFT), Alphabet Inc (GOOGL), and Meta Platforms (META). These contracts also support trading bot services including contract grid, contract martingale, and contract combinations.
CoinShares: Last week, digital asset investment products saw inflows of $1.2 billion, achieving net inflows for four consecutive weeks
Foresight News reports that CoinShares has released its latest weekly report, indicating that digital asset investment products saw inflows of $1.2 billion last week, marking the fourth consecutive week of net inflows. The surge in Bitcoin trading prices, which have crossed $76,000, has pushed total assets under management (AuM) up to $155 billion, the highest level since February 1st. Bitcoin alone saw inflows of $933 million, bringing the year-to-date total to $4 billion; Ethereum attracted $192 million, marking the third consecutive week of inflows exceeding $190 million. Blockchain stock ETFs recorded total inflows of $617 million over the past three weeks, setting a weekly inflow record. Regionally, the U.S. dominates with $1.1 billion in inflows, followed by Germany, Switzerland, and Canada with inflows of $61.7 million, $35.2 million, and $15 million, respectively. Additionally, short Bitcoin products attracted $16.5 million. The market is currently focused on the FOMC interest rate decision set for April 28-29.
Insider Trading: The Original Sin of Prediction Markets
Prediction markets are always caught in a bind between 'information accuracy' and 'market fairness.'
Written by: Nic Carter
Compiled by: Saoirse, Foresight News
Prediction markets face an unavoidable insider trading dilemma, which is no coincidence and could trigger a significant operational failure mode.
The social value of prediction markets comes from incentivizing insiders to disclose confidential information using economic means, but over time, this can erode the confidence of retail traders in the market.
Two days ago, the most severe scandal to date was exposed: the U.S. Department of Justice charged Army Master Sergeant Gannon Ken Van Dyke with using confidential information from the Maduro raid for illegal trading. He made a $400,000 profit trading on Polymarket before the military operation began. He is not just an ordinary soldier; he is a seasoned Green Beret special forces officer deeply involved in the planning and execution of special operations.
Binance Wallet announces the participation threshold for the third phase of the Sentio Booster event, requiring 61 Alpha points
Foresight News reports that Binance Wallet has announced the participation threshold for the third phase of the Sentio (ST) Booster event. Users need to reach 61 Alpha points to participate, and engaging in this event will cost 5 points.
Morpho Co-Founder: Institutional Interest in DeFi Undiminished, but Total Loss of Trust in Pool/Hub Model
According to Foresight News, Paul Frambot, co-founder of Morpho, tweeted that over the past week, he has been in close contact with several major institutions to gauge their views on the current DeFi landscape. The main takeaways are as follows: institutional interest hasn't faded; the core reason is that distribution channels aren't going anywhere. Huge AUM, payments, and loans are migrating on-chain, and every financial institution is looking to go fully on-chain. As institutions, they have no choice; however, both institutions and distributors have completely lost trust in the pool/hub model. They want to take control, including over code, risk, and compliance, while being able to flexibly isolate the necessary parts and access a globally compatible liquidity network.
French law enforcement charges 88 individuals in 12 crypto 'ransom attack' cases, including 10 minors
According to Foresight News, as reported by Cointelegraph, French organized crime prosecutor Vanessa Perrée stated that law enforcement has charged at least 88 individuals in connection with 12 'ransom attacks' targeting crypto holders, including 10 minors, with 75 currently in custody awaiting trial. These cases typically involve violent methods such as home invasions and kidnappings to coerce victims into surrendering their crypto wallet assets.
Vanessa Perrée mentions that some suspects are linked to multiple cases, with investigations revealing a structured criminal network behind it. French authorities recorded 18 such cases in 2024, which rose to 67 in 2025, and so far in 2026, there have been 47 cases.
Data: In the past 24 hours, the entire crypto market saw liquidations of $242 million, with short positions liquidated around $139 million
According to Foresight News and CoinAnk data, in the past 24 hours, the entire crypto market saw liquidations totaling $242 million, with long positions liquidated around $103 million and short positions liquidated about $139 million. Among these, Bitcoin faced liquidations of approximately $78.37 million, while Ethereum saw about $85.78 million in liquidations.
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