Caixin.com published an article titled "Financial Innovation or Insider Trading: The Rise and Controversy of Polymarkets," which points out that when insider information can be openly monetized, the boundaries of prediction markets have become blurred. This raises the question of whether it's "gambling" disguised as finance, or even insider trading. Regardless of the outcome of the legal debate over whether it's gambling or not, the fact that Polymarkets uses the USDC stablecoin for settlement and delivery poses a significant legal risk to participants within China. Previously, US Senators Merkley and Klobuchar introduced the "End Prediction Market Corruption Act," which would prohibit the president, vice president, and members of Congress from trading in prediction markets and require their spouses and dependent children to include prediction market trading activities in their annual financial disclosures.

The 17th Plenary Session of the China Artificial Intelligence Industry Development Alliance was held at the National Cybersecurity Base in Dongxihu District, Wuhan. Yu Xiaohui pointed out that artificial intelligence is rapidly entering the era of native intelligence, with four major trends worth noting: First, the capabilities of large-scale foundational models continue to break through, and programming capabilities are rapidly moving from "code completion" to "full-stack development of intelligent agents"; second, intelligent agent frameworks, represented by OpenClaw, are rapidly emerging, and the intelligent agent application ecosystem is experiencing explosive growth; third, the large-scale application of intelligent agents continues to activate the intelligent economy, and the rise in token consumption is driving rapid growth in cloud services; fourth, the security risks such as data privacy and abuse of permissions brought about by the rapid popularization of intelligent agents cannot be ignored, and security governance must be promoted in tandem with application promotion. He stated that the alliance will continue to focus on five aspects: technological innovation, application-driven development, ecosystem building, international cooperation, and security governance, to jointly create a new pattern for the development of the artificial intelligence industry. (China Academy of Information and Communications Technology)

Coinbase Asset Management announced a partnership with global index provider MarketVector Indexes to launch the Coinbase Store of Value Index (COINSOV), a value store index designed to integrate digital and traditional assets into a rules-based index framework. The index dynamically adjusts the weighting of Bitcoin and gold based on volatility and rebalances quarterly. While capturing Bitcoin's upside potential, it aims to maintain drawdown levels similar to gold, providing institutional investors with a value store tool that balances digital and traditional assets. (Businesswire)

Eddie Yue, Chief Executive of the Hong Kong Monetary Authority (HKMA), stated that the first batch of stablecoin issuers were granted licenses today. According to the licensees' business plans, they intend to commence operations in the coming months after completing relevant preparatory work. Yue expressed his expectation that issuers will proceed with their operations as planned, actively expanding their business scope while effectively managing risks, promoting the application of compliant stablecoins, and addressing pain points in financial and economic activities. He also urged the public to be vigilant against any fraudulent activities or scams claiming to be related to licensees or their issued stablecoins, and to use regulated channels when purchasing or using stablecoins. In case of doubt, the public should check the HKMA's records to verify the licensee's identity or contact the licensee for further enquiries.

Coreweave (CRWV.O) experienced a 6% increase in its pre-market trading. According to Jin10, this surge follows the announcement of a new agreement between Coreweave and Anthropic. The collaboration is expected to enhance Coreweave's capabilities in the AI sector, leveraging Anthropic's expertise to drive innovation and growth.

Grayscale has staked 83,200 ETH, according to Onchain Lens monitoring. According to Foresight News, this transaction occurred two hours ago. The value of the staked ETH is approximately $183 million.

The White House has issued a warning to its staff regarding the use of insider information related to policy changes for trading in prediction markets. According to Foresight News, this warning was released on March 24, coinciding with U.S. President Donald Trump's announcement to halt actions against Iran. Prior to the policy change announcement, unusual trading activity was observed, with a significant increase in oil futures trading volume over a short period. Additionally, certain accounts on Polymarket profited from accurately predicting related events, raising concerns about information asymmetry. The White House confirmed the issuance of the warning and emphasized that decisions are made with the public interest in mind.

TradeXYZ announced on April 10 that the Korea 200 (KR200) index is now available on its platform, offering up to 20x leverage. According to BlockBeats, KR200 tracks a portfolio of 200 leading South Korean stocks, weighted by market capitalization and priced in Korean won. It serves as a key benchmark for the South Korean stock market. The oracle directly tracks the index in its native currency without converting exchange rates. KR200 is a Quanto derivative, with profits and losses based on the Korean won settled in USDC.

Blockchain sleuth ZachXBT posted on X, expressing skepticism about the ability of individuals like Elon Musk to manage a high volume of messages, reportedly exceeding 1,000 per month. The comment highlights the challenges of conducting keyword searches across various time periods in such a large volume of communication. This raises questions about the efficiency and effectiveness of handling extensive digital correspondence, especially for high-profile figures.

Foreign exchange analyst Giuseppe Dellamotta stated that given the market's focus on the US-Iran negotiations and the widespread perception that the rise in March inflation was caused by the war, the market is likely to ignore today's data, as everything hinges on the outcome of the negotiations. We can see significant divergence in overall CPI forecasts, but a more convergent focus on core CPI forecasts. The Federal Reserve is currently maintaining a firmly neutral stance but has opened the door to further tightening in case inflation expectations begin to rise or the war lasts longer than anticipated. The market expects 7 basis points of easing room by the end of the year, implying that neither rate hikes nor cuts are expected in 2026. (Jinshi)

AI is giving rise to a new type of startup: they don't need a large initial team, heavy fixed costs, or necessarily rely on multiple rounds of financing.

For Hong Kong, this round of stablecoin license issuance is not only an extension of the existing virtual asset framework, but also a key strategic move in the payment and settlement field.

Hong Kong has issued its first stablecoin issuer licences under its new regulatory regime, approving HSBC’s Hong Kong banking arm and a Standard Chartered-linked consortium led by Anchorpoint Financial.

Elon Musk’s AI firm xAI has filed a lawsuit against the state of Colorado, arguing that new regulations targeting algorithmic discrimination could restrict free speech and force its chatbot Grok to conform to state-defined standards on fairness and equity.

On April 10, 2026, the Hong Kong Monetary Authority announced that the Monetary Commissioner had granted stablecoin issuer licenses to Idle Fintech Limited and The Hongkong and Shanghai Banking Corporation Limited under the Stablecoin Ordinance to issue stablecoins in Hong Kong.

Japan has approved a bill moving cryptocurrency under financial securities law, introducing insider trading rules, stricter penalties, and annual disclosure requirements for issuers.

After a 70% drop in node count, Solana is now in a panic. According to Jinse Finance, the number of Solana nodes has decreased by 70% from its historical high.

DeepSeek's final letter urging DeepSeek to update its content. Golden Finance: The people miss DeepSeek.

Star Xu rejected claims in CZ’s memoir and called them false, sparking a public dispute between the two founders. The feud revived old disagreements involving OKX, Binance and Huobi over early crypto industry events and personal accusations.

In his all new memoir, former Changpeng Zhao has accused competing crypto exchanges of spending “millions in lobbying fees” and funded negative media coverage in an effort to block his presidential pardon.