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UAE Quits OPEC After 59 Years, BTC Slides Below $76K Amid Hormuz Supply Shock

Coins Legend April 28, 2026 0

The United Arab Emirates officially withdrew from OPEC and the broader OPEC+ alliance on April 28, 2026, and bitcoin fell below $76,000 within hours of the announcement. Key Takeaways: The UAE exits OPEC on May 1, 2026, ending 59 years of membership and removing OPEC’s third-largest producer.

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Blackrock, Standard Chartered Power OKX Tokenized Treasury Collateral System

Coins Legend April 28, 2026 0

Blackrock anchors OKX’s tokenized Treasury collateral framework with Standard Chartered, enabling institutions to trade while maintaining yield and regulated custody. Key Takeaways: OKX framework, introduced April 28, 2026 enables tokenized U.S. Treasury assets as trading margin and collateral. Blackrock BUIDL fund delivers tokenized Treasury exposure with yield

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Paxos Labs Amplify Pushes Built-In Yield Into $1B Toku Payroll Platform

Coins Legend April 28, 2026 0

Paxos Labs has embedded yield directly into Toku’s stablecoin payroll platform, giving workers in more than 100 countries a way to earn on their pay the moment it arrives, without giving up custody of their funds. Key Takeaways: Paxos Labs Amplify integrates with Toku, letting employees earn yield on USDC, USDT, and USDG the moment […]

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Nearly Half a Million Users Utilize Bitget’s AI-Trading Infrastructure, Messari Report Highlights

Coins Legend April 28, 2026 0

This sponsored press release was provided by Bitget and was not written by Bitcoin.com News. Bitcoin.com News does not necessarily endorse the statements made within this announcement. PRESS RELEASE. Victoria, Seychelles, April 28, 2026 — Bitget, the world’s largest Universal Exchange (UEX) highlighted findings from a newly published Messari Pulse report documenting early

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Memecore Drops 15.9% to $3.43 as $830M Wipeout Pushes It out of Top 20

Coins Legend April 28, 2026 0

Following a period of meteoric growth, the memecoin Memecore (M) saw its market capitalization plunge from $5.4 billion to $4.57 billion on Tuesday, falling out of the top 20 digital assets. Key Takeaways: Memecore (M) plummeted 15.9% to a $3.43 low on Tuesday, erasing nearly $1 billion in market capitalization. ZachXBT’s scrutiny of M and […]

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Compound Joins Defi United, Proposes 3,000 ETH to Recover 16,776 ETH in Exploiter Positions

Coins Legend April 28, 2026 0

Fourteen protocols have committed over $161 million to Defi United’s rsETH recovery effort, with Compound the latest to join, proposing a contribution of 1,900 to 3,000 ether worth $6.9 million pending a community governance vote. Key Takeaways: Compound proposed contributing between 1,900 and 3,000 ETH worth up to $6.9 million to Defi United’s rsETH recovery […]

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Buffett Lumps Prediction Markets With Sports Betting in ‘Tax on Stupidity’ Rebuke

Coins Legend April 28, 2026 0

Warren Buffett used his first sit-down interview since stepping down as Berkshire Hathaway CEO to bundle prediction markets, legalized sports betting, and day trading into a single critique, calling state-sponsored gambling a “tax on stupidity” that quietly subsidizes wealthy Americans – a take which is now receiving renewed attention on social media, having been

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Galaxy Digital Sends ETH Worth $104 Million to Bybit, Binance and OKX, Sparking Selloff Concerns

Coins Legend April 28, 2026 0

Onchain data shows two wallets linked to Galaxy Digital depositing approximately 45,000 ether across several major exchanges over a 15-hour window on April 28, raising fresh concerns about institutional selling pressure on ETH. Key Takeaways: Galaxy Digital deposited 45,000 ETH worth over $104 million to Binance, Bybit, and OKX on Tuesday. Galaxy Digital’s April ETH […]

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Aave Releases Technical Plan to Restore rsETH Backing as Defi United’s Coalition Expands

Coins Legend April 28, 2026 0

Aave founder Stani Kulechov published a technical implementation plan on Tuesday to restore rsETH backing across affected protocols, with execution sequences set to begin within days. Key Takeaways: The recovery runs two parallel tracks, i.e., restoring rsETH’s nominal 1.07 ETH backing ratio through tranched ETH deposits, and clearing eight Aave positions. Post-exploit

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Bitbank Launches 0.5% Crypto Rewards Credit Card

Coins Legend April 28, 2026 0

The two companies partnered to issue this credit card, which, in addition to being the first credit card to allow monthly payments to be deducted from crypto balances in an exchange, also offers cryptocurrency rewards in BTC, ETH, and ASTR. Key Takeaways: Bitbank and EPOS Card launched Japan’s 1st Visa credit card, allowing monthly installment […]