More from Crypto & Fintech

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  Ether Surges Past Bitcoin in ETF Flows

  Ether (ETH) is outpacing Bitcoin (BTC) as capital shifts sharply, with Bitcoin ETFs seeing $325.8 million in outflows while Ether funds attract $187 million in weekly inflows—the strongest since 2026 began. ETH’s price jumped 8% in 24 hours, extending its lead over Bitcoin to nearly 9 percentage points this month. This rotation signals growing investor confidence in Ethereum amid cooling demand for Bitcoin ETFs. Market watchers will be keen to see if this trend sustains amid evolving macroeconomic conditions.

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  Coinone Fined $3.5M, Faces Suspension

  Coinone, South Korea’s third-largest crypto exchange, has been fined $3.49 million and ordered to partially suspend operations for three months due to anti-money laundering failures. The Financial Intelligence Unit found the exchange failed to verify identities in about 70,000 cases and processed transactions with 16 unregistered overseas exchanges. This crackdown highlights Seoul’s tightening grip on crypto compliance. Coinone now has 10 days to respond before the fine is finalized.

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  U.S. Lawmakers Revive Crypto Tax Bill

  Congressmen Steven Horsford and Max Miller have reintroduced the PARITY Act to clarify crypto taxation in the U.S. This bill aims to update how digital assets are reported and taxed, impacting every crypto holder nationwide. With broader tax legislation on the horizon, this move signals growing attention to crypto regulation. The bill’s progress will be closely watched as Congress debates tax reforms in the coming months.

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  Foundry Captures 30% of Zcash Mining

  Foundry Digital has launched a new mining pool for the privacy-focused cryptocurrency Zcash, quickly securing nearly 30% of the network's hashrate through partnerships with institutional miners. This rapid growth addresses a key infrastructure gap for Zcash, expanding Foundry’s dominance beyond Bitcoin mining. The company also unveiled Zcashinfo.com, a dedicated block explorer offering real-time network data. Industry watchers will be keen to see how this influences Zcash’s mining landscape moving forward.

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  Jito and KODA Boost Institutional Staking in Korea

  The Jito Foundation has partnered with South Korean digital asset custodian KODA to enhance institutional access to JitoSOL staking. This collaboration aims to develop compliant custody and staking solutions tailored for the Korean market, aligning with anticipated regulatory frameworks from the Financial Services Commission later this year. The move positions Korea as a growing hub for regulated digital asset investment. Next steps include outreach to institutional investors and further integration within Korea’s evolving crypto ecosystem.

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  Philippine Fintech Growth Faces Cost Hurdles

  Despite a rapid surge in e-wallets and digital payment platforms, the Philippine fintech sector remains hampered by weak financial infrastructure, keeping transaction costs high, according to a report by Kaya Founders. This shallow fintech boom limits broader financial inclusion and efficiency gains. The findings highlight the urgent need for infrastructure improvements to sustain growth. Industry watchers will be closely monitoring government and private sector responses in the coming months.

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  Bitcoin Shorts Risky as Price Holds $70K

  Bitcoin futures traders who shorted above $70,000 face liquidation risks after a sharp drop in leverage and a wave of closed positions. Analysts say nearly 90% of the downside is priced in, signaling a possible floor for the cryptocurrency. Meanwhile, geopolitical tensions and oil price surges keep volatility high, with Bitcoin stuck in a tight trading range between $63,000 and $75,000. Market watchers await fresh catalysts to break the stalemate.

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  Juicyway Wins FCA Nod, Boosts UK-Africa Payments

  Juicyway has secured an Authorised Payment Institution licence from the UK's Financial Conduct Authority, marking its official entry into the British market. This approval enables Juicyway to launch remittance services, multi-currency accounts, and FX products tailored for the UK-Africa corridor. Given the FCA's toughened approval standards, this licence signals strong institutional credibility. The company is now poised to expand cross-border financial flows between the UK and Africa, addressing growing demand for seamless payments. Next steps include rolling out these services to individuals and businesses across both regions.

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  Bank of Baroda, Jio Launch Mobile Banking

  In a groundbreaking move, Bank of Baroda and Reliance Jio have teamed up to launch bob World Lite, the first-ever mobile banking app tailored for feature phone users, debuting on the JioPhone Prima 4G. This initiative aligns with the Indian government and RBI's push for digital inclusivity, aiming to bring seamless banking access to millions without smartphones. The rollout promises to revolutionize digital payments for underserved populations, with wider adoption expected soon.

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  OPay Crowned Nigeria’s Most Trusted Fintech

  OPay has been named Nigeria’s Most Trusted Digital Financial Company at the 2026 ISO World Corporate Brand Awards, held April 9 in Lagos. This accolade reflects the confidence of tens of millions of Nigerians in OPay’s mobile money and digital financial services, scoring an impressive 4.6 rating from users. The award highlights OPay’s pivotal role in simplifying and securing everyday financial transactions nationwide. Moving forward, OPay aims to deepen its impact on Nigeria’s financial inclusion landscape.

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  Polkadot Bridge Hack: $1.1B Minted, $237K Lost

  A hacker exploited a vulnerability in the Hyperbridge protocol to mint 1 billion Polkadot (DOT) tokens worth over $1.1 billion. Despite the massive minting, only about $237,000 was cashed out due to limited liquidity on the Ethereum side. This incident highlights ongoing security risks in blockchain bridge technology. Developers and users alike are now watching closely for updates and fixes to prevent future exploits.

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  Cardano's Midnight Revolutionizes Privacy

  Cardano has launched Midnight, a groundbreaking privacy-focused blockchain platform leveraging zero-knowledge proofs to tackle the 'too transparent' problem inherent in traditional blockchains. By enabling selective disclosure, Midnight allows developers to build decentralized apps that protect sensitive data like banking transactions and medical records. The platform’s native NIGHT token is now available on major exchanges like MEXC Global, marking a significant step toward mainstream adoption. As privacy concerns grow, Midnight could redefine how blockchain integrates with everyday life.

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  Sustainable GPU FinOps: Cutting Costs and Carbon

  The rise of Generative AI has pushed companies to balance soaring GPU costs with environmental impact, giving birth to Sustainable GPU FinOps—a new discipline blending financial savvy with green cloud engineering. Sustainable GPU FinOps focuses on optimizing GPU use to slash both cloud bills and carbon footprints, addressing the heavy energy demands of ongoing AI inference workloads. As tech giants invest in carbon capture tied to data centers, the future points to tighter integration of cost efficiency and sustainability in AI operations.

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  Nesto Nets €11M to Boost AI Workforce Tools

  Nesto Software GmbH, a Karlsruhe-based platform managing workforce for over 3,000 restaurants, has secured €11 million from Expedition Growth Capital. This marks Nesto’s first institutional funding round, aimed at accelerating AI-driven scheduling and HR tools across Europe. With over 100,000 daily shifts managed, the investment will expand their AI assistant NORA into a full back-office agent. The move signals a major push to transform restaurant workforce management with advanced AI solutions.

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