Senin, 04 Mei 2026

CLARITY Act gains momentum, Dogecoin whales return, and other news


See Dogecoin's comeback and April's hack report.	͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏	View in browser

Your weekly roundup of the 🔥hottest news in crypto:

A Week in Review: CLARITY Act gains momentum, Dogecoin whales return, and other news

Apr. 26 - May 2

#1

CLARITY Act stablecoin yield rules finalized: ‘Go time’ for crypto bill

The US CLARITY Act, which aims to provide the US crypto industry with more regulatory clarity, is moving closer to becoming law after new stablecoin yield provisions were published, according to Coinbase chief legal officer Faryar Shirzad.

“It’s time to get CLARITY done,” Shirzad said in an X post on Friday after US Senator Thom Tillis and US Senator Angela Alsobrooks published the final text aimed at settling the stablecoin yield dispute between the banking and crypto industries, which has centered on whether such yields would harm the banking system’s competitiveness.

“In the end, the banks were able to get more restrictions on rewards, but we protected what matters – the ability for Americans to earn rewards, based on real usage of crypto platforms and networks,” Shirzad said.

Get the full story

#2

Crypto hack losses top $630M in April, highest since February 2025

The crypto industry saw a sharp spike in hacks in April, with losses topping $600 million, making it the worst month for crypto hacks in more than a year.

According to DefiLlama, the total value hacked in April amounted to $629.7 million, the highest monthly total since $1.47 billion in February 2025. With KelpDAO’s $293 million hack and Drift Protocol’s $280 million exploit accounting for 82% of the monthly losses, the decentralized finance (DeFi) sector has taken the unwanted crown as the most targeted sector in crypto over the past month.

The concentration of losses in a handful of large DeFi incidents shows how a small number of attacks can still overwhelm broader security improvements across the sector. The causes of the hacks also revealed that the biggest risks are increasingly tied to bridges, privileged access and operational failures rather than simple smart contract bugs.

#3

South Korea seeks 20-year sentence for Delio CEO over $169M crypto fraud

South Korean prosecutors requested a 20-year prison sentence for the CEO of crypto deposit service Delio, calling the scale of alleged fraud against thousands of investors “massive.”

During closing arguments in the Seoul Southern District Court, prosecutors asked the court to sentence Jeong Sang-ho under the Act on Aggravated Punishment of Specific Economic Crimes, citing what they described as deliberate deception and false promotion that left nearly 2,800 victims without access to their funds, according to the Korean news agency Yonhap.

“The defendant’s active deceptive acts and false promotion have resulted in numerous victims, and the scale of the damage is massive," prosecutors reportedly said, adding that Jeong was “exacerbating their suffering by evading responsibility and maintaining an uncooperative attitude.”

Prediction of the week

Did Dogecoin bottom first? DOGE price poised for 20% gains as whales return

Dogecoin (DOGE) has outpaced the broader crypto market over the past month, rising roughly 18% versus the market’s 10% gain, as whale accumulation and a bullish chart setup hint at a potential bottom.

Dogecoin wallets holding at least 100 million DOGE controlled a record 108.52 billion DOGE, worth roughly $11.6 billion, as of late April, compared with less than 107.95 billion DOGE in mid-April, according to data resource Santiment.

The accumulation coincided with DOGE’s 23.50% price rebound, suggesting large holders helped support the move.

Whale activity also spiked. On April 28, Santiment recorded 739 Dogecoin transfers worth more than $100,000 in a single day, the highest count in six months. The surge came alongside the launch of 21Shares’ physically backed Dogecoin ETP on Xetra, Germany’s leading electronic trading platform.

FUD of the week

US Senate bans itself from betting on prediction markets

The US Senate on Thursday unanimously approved a resolution banning its members and staff, who are often exposed to sensitive information, from using prediction markets.

The resolution, passed by unanimous consent, changed the Senate's rules and took immediate effect.

“Engaging in any way in a prediction market or trying to place bets where we might have inside information deteriorates the confidence that our constituents have in us,” Republican Senator Bernie Moreno, who introduced the resolution, said on the Senate floor.

FUD of the week

Insider trading backlash forces Polymarket to step up surveillance

Prediction market platform Polymarket is rolling out new monitoring and detection tools following backlash over alleged insider-informed betting activity and is partnering with blockchain analytics company Chainalysis to strengthen oversight.

Polymarket said Thursday that it selected Chainalysis to provide an on-chain market integrity solution aimed at monitoring trading activity and enforcing platform rules.

The detection model is “designed to surface patterns consistent with insider knowledge in prediction markets,” the company said.

The move follows a string of controversies in which traders appeared to profit from non-public or potentially manipulated information tied to real-world events.