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Crypto Tops X's Most-Muted List, AI-Generated Spam Suspected Cause

Crypto has risen to the top of X’s muted-topic list since the platform rolled out its snooze feature, signaling that moderation tools are reshaping how crypto discourse unfolds on the social network. The move comes amid renewed scrutiny of crypto content and the broader challenge of distinguishing legitimate discussion from AI-generated spam. According to X’s head of product, Nikita Bier, crypto has become the most-muted topic, surpassing politics, the Iran conflict, sports, and business and finance. The snooze tool, launched on April 22 for Premium subscribers, lets users hide topics from their For You feed for 24 hours, a function Bier described as a way to “crank up or turn down the slop.” That shift comes against a backdrop of heightened efforts to curb low-quality crypto content and bot-driven noise on the platform. In January, X adjusted its API policies to cut off apps that paid users to post, a move aimed at curbing AI-generated spam flooding crypto feeds through so-called “Inf...
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WLFI Price Dips 14% as Controversial Unlock Proposal Heads to Vote

The governance proposal around World Liberty Financial (WLFI), a project linked to the Trump family, has moved into a formal community vote after triggering a visible crypto-market reaction. The measure would lock more than 62 billion WLFI tokens held by early investors and insiders for two years, followed by a staged release over a subsequent two to three years. The vote opened on Wednesday and is set to run through May 7, with early data showing overwhelming support but sparking a heated debate within the community about long-term tokenomics and governance control. According to the proposal, 62,282,252,205 WLFI tokens would be subjected to a multi-year vesting schedule designed to keep a large portion of supply off the market for an extended period. The structure calls for a two-year cliff for early holders, after which a two-year linear vesting would release tokens gradually. For insiders such as founders, team members and advisers, the plan envisions a two-year cliff followed by a ...
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Tillis to Push Senate Banking Markup on Crypto Regulation

The stalled crypto market structure legislation in the United States is edging toward a mark-up, with Senator Thom Tillis signaling that he will push the Senate Banking Committee to schedule a formal session on the bill when lawmakers return to Washington. Tillis, a leading Republican on the panel, told reporters that the committee should move forward with a markup to prevent further protraction, arguing that the text has progressed sufficiently to merit a formal vote. The legislation would define how the U.S.’ two flagship market regulators — the Securities and Exchange Commission and the Commodity Futures Trading Commission — oversee crypto markets. The House has already passed its version, the CLARITY Act, but the Senate version has faced delays as negotiators and stakeholders sought to refine provisions. The path forward gained complexity after the committee postponed a markup in January when Coinbase pulled its support over a stipulation banning crypto exchanges from paying yields...
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21Shares Gains as Tether Proposes Three-Way Merger

A three‑way merger proposal from Tether sent shares of Twenty One Capital climbing in after‑hours trading on Wednesday, as the Bitcoin‑focused firm eyes a strategic consolidation with Strike and Elektron Energy. Tether said it intends to vote in favor of a plan that would first merge Twenty One Capital with Strike, a Bitcoin payments company, and then combine the resulting entity with Elektron Energy, a Bitcoin mining operation. Tether described the aim as building a vertically integrated platform that blends financial services, Bitcoin mining, and capital markets execution. Strike would bring a profitable financial services platform, broad distribution, and regulatory infrastructure, while Elektron would supply large‑scale Bitcoin mining capacity, operational depth, and proven execution capabilities. The terms of the merger and the timeline for completion were not disclosed in the statement. In after‑hours trading, Twenty One Capital’s stock dipped 1.7% to $7.83 in regular session tra...
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Global crackdown nets 276 arrests; nine crypto-scam hubs shut down

A Dubai-led international crackdown on scam rings tied to fake crypto investment platforms resulted in 276 arrests last week, authorities said. The operation, conducted with the U.S. Federal Bureau of Investigation and China’s Ministry of Public Security, culminated in 275 arrests in Dubai and one additional arrest by the Royal Thai Police. Six individuals have been charged in the United States in connection with the scam centers, with four defendants and two fugitive co-conspirators facing federal fraud and money laundering counts in San Diego. If convicted, the offenses carry substantial penalties, including potential prison terms of up to 20 years per count. According to the U.S. Department of Justice, the charges reflect a concerted, cross-border effort to dismantle networks that run “scam centers” built around fake crypto investment platforms and coercive recruitment. U.S. Assistant Attorney General Andrew Tysen Duva emphasized that fraud is borderless in today’s world, and so too...
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MoonPay Establishes Institutional Arm Following Sodot Acquisition

MoonPay is establishing a dedicated institutional unit by acquiring Sodot, an Israeli provider of crypto security infrastructure, and plans to use Sodot’s key-management technology as the backbone for services tailored to banks, asset managers, trading firms, and exchanges entering digital asset markets. In a press release, MoonPay said the move will extend its network beyond consumer crypto payments into enterprise-grade infrastructure. Bloomberg reported that the deal closed in April in an all-stock transaction valued at around $100 million, though MoonPay did not immediately respond to Cointelegraph for comment on the specifics. “We built MoonPay to be the world's leading crypto payments network,” MoonPay co-founder and CEO Ivan Soto-Wright said in a press release, adding that its institutional arm is the next stage for the company. Key takeaways MoonPay is launching an institutional division by acquiring Sodot, leveraging its key-management technology to serve traditional fin...
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Hong Kong Alerts: Fake Stablecoins Impersonating HSBC, Anchorpoint

Hong Kong’s nascent stablecoin regime faced a fresh test as scammers impersonated the two newly licensed issuers ahead of their official product launches. Warnings issued by the Hong Kong Monetary Authority (HKMA), HSBC, and Anchorpoint Financial stated that tokens bearing the tickers HKDAP and HSBC have appeared on the market but are not connected to the licensed issuers. Hong Kong began its stablecoin licensing regime in August 2025. Last month, the HKMA granted its first stablecoin issuer licenses, approving Anchorpoint Financial and HSBC under the new framework. The episode underscores the growing pains that accompany a regulated rollout of fiat-backed digital currencies in a major financial hub. The HKMA emphasized that, at present, neither licensed issuer has published any regulated stablecoins. The authority’s warning was echoed by HSBC and Anchorpoint, who stressed that no stablecoins have been issued by either institution under the HKMA framework. HSBC said in a statement that...
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