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The United Nations refugee agency has revealed that nearly 900 Rohingya refugees were reported dead or missing in the Bay of Bengal and the Andaman Sea in 2025.
This was the deadliest year on record for maritime movements in South and South East Asia, and thousands of people continue to make the dangerous journeys in 2026, the UN said on Friday
Speaking to reporters in Geneva, the UNHCR’s spokesperson, Babar Baloch, described the area as an “unmarked graveyard for thousands of desperate Rohingya refugees”, noting that some 5,000 are thought to have drowned at sea over the last decade
Hundreds of thousands of Rohingya refugees began fleeing Myanmar in 2017 amid an ethnic cleansing campaign. They largely settled in refugee camps in Bangladesh, which continues to give refuge to those fleeing today
However, humanitarian aid in the country has been reduced due to funding shortfalls, and there is limited access to education and opportunities in the camps, prompting people to attempt the dangerous sea crossings
More than 2,800 Rohingya have done so this year, the majority leaving from Cox’s Bazar in Bangladesh or Rakhine State in Myanmar in the hope of reaching Malaysia or Indonesia
While Baloch says that most wish to return to Myanmar once conditions allow, “ongoing conflict, persecution, and the absence of citizenship prospects leave them with really little hope” of doing so
In recent years, over half of those making the sea journeys have been women and children, who are at risk of trafficking and exploitation
Earlier this month, an overcrowded trawler carrying about 250 Rohingya refugees and Bangladeshi nationals sank in the Andaman Sea. It was on its way to Malaysia from the southern Bangladeshi port of Teknaf when it experienced rough seas and heavy winds on April 8. While the Bangladeshi coastguard said it had rescued nine people, hundreds more are missing
The UNHCR hopes that highlighting the record death toll will make people aware of “what the Rohingyas are going through inside Myanmar and in the refugee camps and in the wider region”, and prompt solutions to avoid another record toll in 2026
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The United States military command that oversees the Middle East (CENTCOM) has said that two of its ships have travelled through the Strait of Hormuz, a claim swiftly denied by Iran.
On Saturday, the command said that the two destroyers, the USS Frank E Peterson and USS Michael Murphy, had “transited the Strait of Hormuz and operated in the Arabian Gulf as part of a broader mission to ensure the strait is fully clear of sea mines previously laid by Iran’s Islamic Revolutionary Guards Corps
In a statement, US Admiral Brad Cooper hailed the ships’ presence in the strait as a turning point in the US and Israeli war against Iran, which began on February 28.
Today, we began the process of establishing a new passage, and we will share this safe pathway with the maritime industry soon to encourage the free flow of commerce,” he said.
The passage would represent a major shift. Control of the strait has been a major point of contention, given that a fifth of the world’s oil and natural gas passes through the waterway, as well as large amounts of fertiliser and other goods
Iran effectively closed the narrow strait, save for pre-approved ships, in the wake of the initial US-Israel attacks in February. That, in turn, snarled both commercial and military traffic and sent global fuel prices soaring
On Saturday, a spokesperson for the Iranian military’s Khatam al-Anbiya Central Headquarters swiftly denied the US statement
“The claim by the CENTCOM commander regarding the approach and entry of American vessels into the Strait of Hormuz is strongly denied,” the spokesperson said.
The initiative for the passage and movement of any vessel is in the hands of the Armed Forces of the Islamic Republic of Iran
The IRGC, in turn, vowed “a strong response” to any military ships passing through the strait
Meanwhile, the prospect of a prolonged and costly war is considered a political liability for Trump and his Republican party, with the 2026 US midterm elections quickly approaching.
Saturday’s talks came at the six-week mark of the war, and it is unclear whether the ceasefire will hold beyond its initial two-week period.
Speaking to reporters later in the day, Trump said the US and Iranian delegation remained in “very deep” talks. But he maintained he was ambivalent about the negotiation’s outcome
“Whether we make a deal or not, makes no difference to me, because we’ve won,” he said
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Srinagar, Indian-administered Kashmir — The gold earrings were a gift from her father on her birthday just months earlier. But on March 21, as South Asia marked Eid‑ul‑Fitr, Masrat Mukhtar handed them over to an aid collection effort to help civilians in Iran trying to survive the US-Israel war on the country
She was one of many in Indian-administered Kashmir who paused their customary rituals and celebrations on the auspicious day to contribute cash, household items, and personal assets for a people more than 1,600 km (1,000 miles) away.
Her cousins followed, each bringing items of personal value. Families offered copper utensils, livestock, bicycles, and portions of savings. Children broke their piggy banks, sharing savings they had carefully collected over several years. Shopkeepers and traders handed over parts of their earnings
“We give what we love. This brings us closer to them,” said Mukhtar, a 55-year-old woman from Budgam in the central part of Indian-administered Kashmir, before referring to a name by which the region has historically also been known. “This is what Little Iran does for its namesake. The bond persists through time and conflict
That bond, rooted in more than six centuries of historical connections, has taken on a much more overt presence during the war – drawing recognition from Iranian authorities, and concerns over certain fund collection methods from Indian officials
In Zadibal, a Shia-majority area of Srinagar – the biggest city in Indian-administered Kashmir – 73-year-old Tahera Jan watched neighbours contribute copper pots.
“Kashmiris traditionally collect these utensils for their daughters’ weddings. We chose to give them instead to daughters who lost mothers and sisters in the attacks,” Jan said
Sadakat Ali Mir, a 24-year-old mini-truck driver, contributed one of the two vehicles he drives for his livelihood. Other contributors offered bicycles, scooters, and other essential items. Children, including nine-year-old Zainab Jan, handed over piggy banks
To be sure, that Shia constitute between 10 to 15 percent of Indian-administered Kashmir’s population is a factor in why the war in Iran resonates so deeply in the region. But donations for Iran have extended well beyond Shia. Several Sunni families observed simpler Eid meals, redirecting household resources towards Iranian relief. Some shopkeepers closed early, while families adjusted daily routines to contribute
Political and religious figures also participated. Budgam lawmaker Aga Syed Muntazir Mehdi donated a month’s salary to the relief effort. Imran Reza Ansari, a Shia scholar and leader of the People’s Conference party, noted public participation across communities
Similar donation campaigns in support of Iranians have also been reported from Pakistan, Iraq and other countries
But at the heart of this outpouring of support for Iran in Indian-administered Kashmir – which also witnessed large rallies after the killing of Iranian Supreme Leader Ayatollah Ali Khamenei on February 28 – are rare cultural ties that Kashmir and what was then Persia have shared for centuries
Authorities have also asked volunteers to maintain records to ensure compliance with fundraising regulations
There’s a reason for this concern, say Indian authorities
They point to the example of 2023, where funds collected in southern Kashmir – ostensibly for humanitarian purposes – were allegedly instead funnelled towards rebel groups. Organisers of the Kashmir drives for Iran maintain that all efforts are humanitarian.
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During the bank's earnings call on Tuesday, JPMorgan CFO Jeremy Barnum warned that stablecoins could become a tool for regulatory arbitrage unless they are held to the same strict oversight and consumer protection standards as traditional bank deposits.
If the same product isn’t regulated the same way, you open the door to arbitrage,” Barnum said, pointing to structures that offer rewards resembling yield. In that scenario, he added, firms could “run a bank” without being subject to core banking regulations
The comments come as lawmakers weigh new frameworks for digital assets. The proposed Clarity Act aims to define how crypto markets are split between regulators such as the Securities and Exchange Commission and the Commodity Futures Trading Commission. It also reflects broader efforts to establish clearer rules for stablecoins and related products
The debate also extends to whether issuers of stablecoins, crypto tokens whose value is pegged to a traditional asset, mostly the dollar, should be allowed to offer yield to users
Some crypto firms, including Coinbase (COIN), have pushed for the ability to pass interest earned on reserve assets to coin holders, arguing it would make stablecoins more useful as savings tools
Banks have pushed back, saying yield-bearing stablecoins begin to resemble deposits without the same capital, liquidity and consumer protection requirements. In their view, that creates an uneven playing field, allowing non-bank firms to attract funds by offering returns regulated banks are restricted from providing
The issue has become a central point of tension in Washington D.C., as policymakers weigh how to prevent stablecoins from functioning as bank-like products outside the traditional regulatory perimeter
Barnum said JPMorgan supports the push for clarity, but stressed that consistency matters more than speed. Without it, he warned, new entrants could gain an advantage by operating outside existing regulatory boundaries
He downplayed the idea that stablecoins will disrupt the bank’s core payments business. JPMorgan already runs a large wholesale payments network that processes transactions at low cost and high speed, leaving little room for margin-driven disruption
Instead, the bank is integrating similar technology into its own systems. Through its blockchain unit, Kinexys, JPMorgan has developed tools such as JPM Coin and tokenized deposits, which allow institutional clients to move money around the clock and automate transactions
Barnum described these efforts as part of a broader modernization strategy. Features often associated with stablecoins, such as programmable payments, are already being built into existing infrastructure rather than replacing it
On the consumer side, he said stablecoins are often framed as “digital cash,” but still face familiar compliance hurdles, including identity checks
JPMorgan reported stronger-than-expected first-quarter results, driven by a rebound in trading and investment banking. Net income rose 13% year over year to $16.49 billion, while revenue climbed 10% to $50.54 billion. The bank set aside less for potential loan losses than expected, signaling stable credit conditions among borrowers
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Just shy of three months into the year, the crypto market is reminding us of the lessons learned in all 12 months of 2017. Then all the new lessons learned in 2018. And learned again in 2022 and 2023. While digital asset prices have regressed to the mean lately, they’ve been volatile and it’s been difficult to spot trends.
Time is compressing, just as demand is burgeoning – and not just by adding new users, but also by adding trading pairs as well as other services. In this environment, CoinW is taking steps to expand its range of services, with the aim of offering a comprehensive crypto trading platform the moment requires. The fact that this exchange has been around long enough to have lived through all those previous hard lessons serves it in good stead.
We’re adapting through user-focused innovations to address both opportunities and challenges arising from the trend,” says CoinW chief strategy officer Nassar Al Achkar. “We’re strategically prioritizing user experience enhancements to navigate growth and challenges.”
A case in point is CoinW's derivatives trading platform, featuring fast order matching, low fees and specialized tools designed to streamline the trading process
“Our philosophy, since CoinW’s founding, has been to adhere to a user-centric approach to developing,” says Al Achkar, “thus optimizing matching, fees and features for a streamlined user-focused experience
For example, trading pathway optimization combined with memory upgrades has significantly reduced order placement, matching and confirmation times to the point of low-latency execution – with processing times typically measured in milliseconds under normal conditions. Further, CoinW maker fees are as low as 0.01%, depending on applicable fee tiers (users are encouraged to compare fee structures across platforms). These low fees, of course, improve cost efficiency for high-frequency trading and capital utilization
But functionality is the ultimate test. Investors won’t care about the low fees or the high tech if the platform doesn’t do everything it needs to. This is where CoinW’s comprehensive toolset comes into play. Advanced features including position splitting and merging for precise management, a dynamic stop-less/take-profit setting and one-click reverse orders during market shifts are among the array of functions the exchange provides. This toolkit is intended to support users in managing positions and responding to market conditions
While no investment schema – crypto or traditional – can eliminate all risk, they all can and should mitigate it. To that end, CoinW continues to build user confidence in derivatives trading by ensuring system stability and asset protection, particularly during routine operations and extreme market events.
“Since its founding,CoinW reports that it has not experienced any major publicly disclosed security incidents to date,” Al Achkar says. “We have a near-obsessive focus on security, deploying mechanisms like multi-layered rate limiting, circuit breakers and degradation mechanisms designed to reduce single-point failures
CoinW has reinforced its ecosystem with measures including cold-hot wallet separation, user-side protection tools and external audits to create a multi-layered risk management framework. The platform has further allocated $200 million to a risk contingency fund, intended, at the platform’s discretion and subject to applicable terms, to mitigate certain losses arising from defined events such as system anomalies
Additionally, the platform's Futures Protection Program allocates $500,000 monthly to a protection pool. Via activities like trading, check-ins and referrals, users are able to earn up to $500 in allowance per round that can be claimed when their futures positions get liquidated, mitigating volatility impacts
The program stands out with its "subsidy for every trade" concept that links daily futures trading with allowance accumulation, thus providing a risk buffer, Al Achkar says. Founded in May 2025, the program has nearly 100,000 protected users
Copy trading in the crypto markets has been around for a while now. It’s a good idea and so almost every exchange has, well, copied it. And while imitation might be the sincerest form of flattery, it’s innovation that will determine who does it best
So CoinW introduced a smart money copy trading function that enables users to track and replicate trades of selected traders based on historical performance metrics. The tool lets users automatically replicate trades from comparatively high-performing on-chain addresses and popular traders from exchanges, with an industry-first zero profit-share mechanism
“The crypto trading space has grown far beyond just placing orders. Today’s users want real guidance and a way to tap into strategies that actually work,” says Vega Liu, CoinW’s growth lead for futures. “That’s why we’ve focused so heavily on copy trading. We’re making it genuinely easy for anyone, from complete beginners to seasoned traders, to follow selected traders, subject to user discretion and risk tolerance, and move forward with confidence
The growth of the platform’s copy trading and derivatives trading functions – as well as an array of other recent developments – reflect how user-centric adaptations in derivatives trading can drive sector-wide stability and accessibility amid ongoing volatility
Disclaimer: Trading in digital assets and derivatives involves significant risk and may not be suitable for all users. Past performance is not indicative of future results. Users should carefully consider their financial situation and risk tolerance before engaging in trading activities. CoinW services are subject to legal and regulatory restrictions and may not be available in certain jurisdictions. Users are responsible for ensuring that their use of the platform complies with applicable local laws and regulations
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Ripple XRP is trading at $1.34 on April 7 – up 2.2% on ceasefire-driven risk-on flows, but the price level that matters most in April won’t be set by macro sentiment: it will be set by the Senate Banking Committee.
The CLARITY Act, which would codify XRP’s classification as a digital commodity under CFTC jurisdiction and strip the SEC of primary oversight authority, is targeting a committee markup in the second half of April.
Senator Bernie Moreno has stated publicly that if the bill doesn’t reach the full Senate floor by May, midterm election dynamics push it off the calendar for the rest of 2026. That makes the next three weeks the most consequential legislative window XRP has faced this year.
The CLARITY Act (H.R. 3633) passed the House with a bipartisan 294–134 vote on July 17, 2025, assigning primary digital commodity oversight to the CFTC while limiting SEC jurisdiction over assets that qualify under the new framework.
The Senate Agriculture Committee advanced its version on January 29, 2026, but the Banking Committee – chaired by Tim Scott – has yet to markup, with unresolved disputes around DeFi regulatory provisions and tokenization treatment holding up the calendar.
The Senate returns from Easter recess on April 13, and Scott’s committee has a targeted markup window in the final two weeks of April.
The stablecoin yield dispute that stalled earlier negotiations appears to be resolving: Senators Tillis and Alsobrooks reached a compromise in principle on March 20 that bans passive yield on stablecoin balances but permits activity-based rewards tied to payments and platform use.
Senator Cynthia Lummis confirmed at the Chamber of Digital Commerce Blockchain Summit that DeFi provisions are finalized, projecting committee markup in late April followed by a mid-2026 floor vote.
The honest read on the scheduling math: Galaxy Research’s Alex Thorn has flagged that with only 18 working weeks remaining before the midterm recess on October 5, each week of delay compresses floor consideration time to the point where 2026 passage becomes structurally implausible without Banking Committee clearance by April’s end.
The SEC and CFTC jointly classified XRP as a digital commodity on March 17 – but that classification is an interpretive release, not statute.
A future administration could reverse it. Banks and large asset managers won’t commit capital at scale on the basis of an administrative determination alone. The CLARITY Act would make the commodity classification permanent federal law, and that distinction is the entire mechanism behind the bull case.
This whole Ripple XRP setup is basically riding on one thing, the CLARITY Act, because if it gets through the Banking Committee in late April, that is the switch that brings real institutional money off the sidelines, not just talk but actual flows, and that is where projections like $4–$8 billion in ETF inflows start to matter, especially when we have already seen strong demand even without full legal clarity, which is how you get price pushing through $1.60 and aiming higher.
The key detail most people miss is that this is not just hype around regulation, it is about certainty, because right now institutions can look at Ripple XRP but cannot fully commit, and that is why even something like the SEC CFTC classification did not move things structurally, it helps sentiment but does not unlock capital, while a law like CLARITY changes the rules completely and makes deployment easier.
If that approval gets delayed past May, the whole story weakens fast, because without it XRP just falls back into tracking Bitcoin, and with BTC already moving sideways, that means no strong independent move, and if macro pressure hits again, downside opens quickly.
The timeline shift from Ripple itself is also telling, with expectations already getting pushed back, which is usually a sign things are not as smooth behind the scenes as they look publicly.
So right now everything narrows down to that late April window, because if the committee moves, momentum hits fast, but if it stalls, this turns from a catalyst driven breakout setup into just another range with fading hype.
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Ripple XRP recorded $120 million in weekly ETP inflows for the period ending April 7, 2026 – its strongest weekly haul since mid-December 2025 and the single largest contributor to global crypto ETP inflows that week, according to CoinShares data.
Total global crypto ETP inflows for the week hit $224 million, rebounding sharply from a prior $414 million outflow.
XRP’s $120 million slice outpaced Bitcoin’s $107 million and Solana’s $35 million, accounting for over 50% of the entire market’s weekly intake.
The core question now: is institutional investment in XRP building a permanent structural position, or is this a single-week rotation that evaporates on the next macro shock?
Ripple XRP was trading in the $1.35–$1.40 range during the inflow week, posting a 5–6% weekly gain partially driven by US-Iran ceasefire optimism. The recovery looks constructive on the surface. Dig into the chart structure and the picture is considerably more complicated.
The 3-day chart is showing a death cross – the 50-day EMA has crossed below the 200-day EMA. That same pattern preceded a 54% price collapse in January 2026.
RSI sits near 44 on the daily, not yet oversold but well below the 50 neutral line, reflecting a market still in damage-control mode rather than recovery mode.
Key support levels sit at $1.28, $1.18, and $1.05 – the last being a major structural floor from the pre-ETF launch period. On the resistance side, XRP faces a descending trendline from early March capping near $1.48, with $1.65 and $1.85 as the next meaningful ceilings if that line breaks with volume.
Derivatives open interest has been declining alongside the price recovery, which signals thin conviction behind the bounce – institutions buying ETPs aren’t the same as leveraged longs pushing spot price.
A clean breakout above $1.48 with sustained daily volume opens the door to $1.65, with $1.85 as the macro target if broader crypto sentiment flips.
For us, the invalidation is simple: a close below $1.28 on the daily reopens the path to sub-$1.10 and calls the entire inflow thesis into question. Prior price analysis on the $119.6M inflow week flagged this same trendline resistance as the decisive level.
XRP’s institutional setup is real. But at a market cap north of $75 billion, the math on asymmetric returns gets harder to ignore.
A 10x from current levels requires XRP to reach a market cap larger than Bitcoin’s current valuation – that’s not a trade, that’s a thesis that needs decades and dominant global payment rail adoption to validate
Bitcoin Hyper (HYPER) is currently in presale, targeting early-mover upside in the Bitcoin yield infrastructure layer – a sector drawing serious institutional attention as US spot Bitcoin ETFs pulled in $471.3 million in a single week.
The presale has raised $32 million to date, with the current token price at $0.0093 and staking APY running at 86% annualized for early participants.
The core technical differentiator: Bitcoin Hyper operates as a Bitcoin-native Layer 2 executing smart contracts with BTC as the settlement asset – bypassing the wrapped-token credit risk that plagues existing BTC DeFi infrastructure. That’s a specific, verifiable architecture claim in a space full of vague interoperability promises.
For traders watching XRP’s institutional flows but frustrated by the price-action disconnect, the asymmetry argument is straightforward: ETP inflows into large-cap assets move sentiment; early presale positioning in infrastructure plays moves portfolios.
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As oil shocks revive investor anxiety, stablecoins solved payments, but not purchasing power, says Michael Ashton, who's USDi token aims to fix that.
For Michael Ashton, co-founder of the USDi stablecoin along with Andrew Fately, the figures underscore a flaw in crypto’s monetary architecture.
The stablecoin boom has accidentally rebuilt only half of the monetary system,” Ashton told CoinDesk in an interview. “Stablecoins solved the medium-of-exchange problem for crypto, but nobody solved the store-of-value problem. USDi is the first serious attempt to finish building the monetary system onchain."
The $300 billion stablecoin market, dominated by dollar-pegged tokens, has become essential plumbing for crypto trading and payments. But those tokens, typically backed by cash or Treasury bills, are designed to hold a nominal value of $1, not preserve purchasing power. In real terms, Ashton argues, they are losing value.
As stablecoins graduate from crypto-trading tools to genuine payment infrastructure, the store-of-value gap becomes a real institutional concern, not just a philosophical one," he said. "Treasurers, neobanks, and cross-border payment platforms holding float in stablecoins are quietly taking inflation risk they probably haven't priced."
Instead of tracking the dollar, the token is designed to track inflation itself. Its value increases in line with changes in the U.S. Consumer Price Index (CPI), effectively making it a blockchain-native version of an inflation-protected principal.
Ashton describes USDi as closer to the principal value of Treasury Inflation-Protected Securities (TIPS), but without some of the drawbacks that have caught investors off guard in recent years.
While TIPS offer inflation linkage, they are still bonds, meaning their market price can fall when interest rates rise. USDi, by contrast, aims to function more like an inflation-linked savings instrument.
The stablecoin's reserves are invested in a in a low-volatility private fund called the Enduring U.S. Inflation Tracking Fund, which uses TIPS, U.S. Treasury debt, foreign exchange and commodity futures and options; to generate return.
There isn’t really an inflation-protected savings account,” Ashton said. “That’s the gap we’re trying to fill.”
Oil markets have been on a sharp and volatile upswing since the outbreak of the Iran war in late February. Prices initially jumped into the $80s before rapidly breaking above $100 a barrel as fears mounted over disruptions to the Strait of Hormuz, a key artery for roughly 20% of global supply.
Elevated oil prices can stoke inflation by raising transportation and production costs across the economy, which are often passed on to consumers in the form of higher prices.
The moves have been marked by extreme volatility, with daily swings driven less by fundamentals than by headlines as markets price in a persistent war premium tied to the risk of prolonged supply disruption
T-bills are around 3.5%, inflation is around 3%, but historically, inflation has often outpaced short rates over longer periods,” Ashton said. “We may be returning to that pattern.”
The dynamic, he added, strengthens the case for an asset explicitly designed to track inflation rather than nominal yields.
Still, Ashton frames USDi as more than a tactical trade. He sees it as a structural evolution in crypto, one that completes the system bitcoin began.
Bitcoin was conceived as an alternative monetary system, and potentially as a store of value like gold,” he said. “But its volatility makes it difficult to use that way over shorter horizons. Stablecoins solved the payments side. Now we need to solve the store-of-value side.”
Beyond its core design, USDi plans to introduce something Ashton says is difficult, or impossible, to replicate in traditional finance: customizable inflation exposure.
CPI itself is a composite of multiple categories, including housing, health care, transportation and education. USDi’s architecture, Ashton said, could eventually allow users to tailor exposure to specific components of inflation.
You don’t have to hold one aggregate basket,” he said. “You could isolate health-care inflation, or tuition, or energy. You could even tailor it by geography: Dutch inflation, French inflation, U.S. core CPI.”
That flexibility allows for more specialized applications, particularly in industries with direct exposure to specific cost pressures.
Insurance companies, for example, face inflation risk in areas like medical costs but lack precise hedging tools. Traditionally, they've managed such risks by holding more capital or transferring exposure through reinsurance or catastrophe bonds. But those tools are blunt and often unavailable for certain types of inflation risk.
There’s never really been a direct hedge for something like health-care inflation,” Ashton said. “If you can hedge that exposure more precisely, you can reduce the capital you need to hold, or expand the amount of business you can underwrite.”
He expects insurers and reinsurers to be among the earliest institutional adopters in a second phase of USDi’s rollout.
Other potential applications include education financing. Programs already exist in parts of the U.S. that allow families to prepay tuition years in advance, effectively locking in prices. Ashton sees a tokenized inflation hedge as a more flexible alternative.
Tuition is a classic inflation risk,” he said. “Being able to hedge that directly, that’s powerful.”
USDi is already up and running, with Ashton targeting a seed raise of around $1.5 million in the coming months.
The broader pitch, however, is less about funding and more about reframing how investors think about risk.
You’re born with inflation risk,” Ashton said. “You’re not born with credit risk or equity risk."
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Ticket sales for the 2028 Los Angeles Olympics have opened globally after what organisers said was a record-setting first week of ⁠local presales, underscoring strong early demand for a Games that must rely heavily on private revenue.
LA28 said it sold more tickets in the first week than any previous Olympic Games had in their opening week, with every ticket in ⁠that initial phase going to residents of the Los Angeles and Oklahoma City areas despite some complaints about high prices, fees and availability.
Organisers said hundreds of thousands of $28 tickets – billed as the lowest-priced Olympic tickets in modern history – were snapped up by local buyers, although some buyers have complained about high costs and fees, and a lack of ticket availability.
The success of the ‌locals presale speaks for itself,” LA28 CEO Reynold Hoover said in a statement. “We’re thrilled by the level of interest and enthusiasm in tickets to the Games
The global sales launch, known as “Drop 1,” runs through April 19 for fans who were selected through a draw and assigned time slots. Tickets are available across Olympic events, including the opening and closing ceremonies
Organisers acknowledged that some fans experienced sticker shock after a marketing push around the $28 entry-level tickets, only to find many of the cheapest seats had already gone quickly or that some events were priced much ⁠higher
Allison Katz-Mayfield, LA28’s senior vice president for games delivery revenue, told the Reuters news agency that outcome was not ⁠unexpected because the least expensive tickets were always likely to move fastest
“We really wanted to make sure that the locals had access to the most affordable tickets, and we saw that come to life through this presale,” she said, adding that more low-cost inventory would be released in ⁠future sales phases
LA28 said more than 1 million tickets priced at $28 will ultimately be made available to the public. Nearly half of all Olympic tickets are priced under $200, while more ⁠than three-quarters, including finals, are less than $400. Only about 5 percent of tickets cost ⁠more than $1,000, organisers said
Katz-Mayfield said demand had exceeded expectations from the registration phase through the first sales window. She added that LA28 still had roughly a third of tickets currently on sale priced below $200 as the global launch began
The organising committee is under pressure to show it can deliver ‌a fiscally responsible Games without burdening taxpayers, who could be on the hook for cost overruns. LA28 has said its more than $7bn operation will be funded principally through ticket sales, sponsorship and hospitality
Katz-Mayfield said strong ticket sales, along with ‌sponsorship ‌and hospitality revenue, were positive signs for the financial health of the Games
LA28 also warned fans against buying from unofficial resale platforms before its verified resale programme launches in 2027, saying tickets sold elsewhere could be speculative or invalid
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China promete denunciar EUA na OMC após tarifa de 10% imposta por Trump
Pequim considera a tarifa adicional de 10% sobre importações chinesas uma 'violação grave' das regras de comércio#AltcoinRevolution2028
A China prometeu retaliar contra os EUA após o presidente Donald Trump assinar neste sábado (1º) uma ordem executiva impondo uma tarifa adicional de 10% sobre importações da segunda maior economia do mundo.#GoogleDocsMagic
Em um comunicado divulgado neste domingo (2), o Ministério do Comércio da China prometeu apresentar uma “denúncia” contra os EUA na Organização Mundial do Comércio (OMC), condenando a tarifa geral como uma “violação grave” das regras internacionais de comércio. Pequim disse que “tomará medidas de contração correspondentes para defender firmemente seus próprios direitos e interesses”, sem entrar em detalhes.
Trump desferiu a primeira salva de sua guerra comercial no sábado. Além dos 10% sobre produtos importantes da China, ele impos taxas de 25% sobre o Canadá e o México, alegando uma falha em impedir o fluxo de migrantes não documentados e drogas ilegais. Essa ação, apenas duas semanas após o início de seu segundo mandato, mostra que o líder dos EUA está sério em seguir com as promessas de restrições comerciais tanto contra adversários quanto seus próprios aliados.
“A prática de impor tarifas não é construtiva e minará inevitavelmente a futura cooperação entre os dois lados no controle de drogas”, disse o Ministério das Relações Exteriores da China em um comunicado separado.