From Hyperliquid to Ripple, from Canada to Malaysia, here are the crypto news you may have missed this week.
Market Analysis & Exchange Data
Hyperliquid Tests HIP-4 for Onchain Prediction Markets
Decentralized exchange Hyperliquid is making a major play for the prediction market space with its new HIP-4 initiative. Reported by Bloomberg, the proposal enables traders to wager on real-world event outcomes directly onchain.
Currently in public testing, the move positions Hyperliquid as a direct rival to established platforms like Polymarket and Kalshi.
Visa Stablecoin Settlement Hits $7 Billion Run Rate
Visa’s stablecoin settlement pilot has reached a massive $7 billion annualized run rate, representing a 50% increase quarter-over-quarter. On April 29, the payment giant expanded the pilot to support nine blockchains, adding Base, Polygon, Canton, Tempo, and Arc to its existing network.
Visa now supports over 130 stablecoin-linked card programs globally.
Ripple and OKX Expand RLUSD Access
Ripple and OKX have significantly broadened the reach of the RLUSD stablecoin. The expansion introduces over 280 spot trading pairs and integrates the asset for derivatives use. This move is designed to enhance liquidity and provide institutional-grade stablecoin options for margin trading across the OKX ecosystem.
Paul Tudor Jones: Bitcoin is the Best Inflation Hedge
Renowned hedge fund manager Paul Tudor Jones reaffirmed his bullish stance on Bitcoin on April 29, stating it is “unequivocally the best inflation hedge.” Jones emphasized that Bitcoin’s programmed scarcity makes it a superior alternative to traditional assets during periods of global economic uncertainty and fiscal expansion.
Security, Scams & Enforcement
US DOJ Dismantles “Pig-Butchering” Centers; 276 Arrested
The U.S. Justice Department and FBI coordinated with law enforcement in Dubai, China, and Thailand to take down nine overseas “pig-butchering” scam centers. The crackdown resulted in 276 arrests. These syndicates targeted Americans by building fake online relationships before luring victims into fraudulent crypto investment platforms.
Canada Plans Ban on Crypto ATMs to Combat Fraud
The Canadian federal government announced plans in its Spring Economic Update 2026 to ban all cryptocurrency ATMs. Identifying them as a primary tool for scammers to process illicit proceeds, the government seeks to remove the nearly 4,000 machines currently operating across the country to protect vulnerable citizens.
SWEAT Protocol Neutralizes Multi-Million Dollar Exploit
The SWEAT protocol successfully thwarted a major exploit attempt this month. The protocol’s security systems detected and neutralized the threat before any user funds were permanently lost. Following the incident, the team was able to restore all user balances, ensuring zero financial impact on its community.
Regulation & Institutional Moves
Bybit Removed from Malaysia Investor Alert List
Bybit CEO Ben Zhou confirmed that the exchange has been removed from the Securities Commission Malaysia’s alert list following “constructive engagement” with regulators. As part of its localized strategy, Bybit has made a lead investment in Hata, a Malaysia-based crypto platform that holds the necessary local licenses.
KuCoin EU Bolsters AML Talent for Austrian Compliance
KuCoin EU has initiated a wave of hiring for anti-money laundering (AML) and governance specialists in Vienna. The move is aimed at meeting the stringent requirements of the Austrian regulator and aligning with the broader European MiCAR framework for long-term regional stability.
Ecosystem & Tech News
Vitalik Buterin Discusses AI Integration with OKX Wallet
In a recent conversation with OKX Wallet, Ethereum co-founder Vitalik Buterin stated that AI is set to cause a “massive shift” in blockchain interaction. Vitalik argued that Ethereum should be integrated into a global AI framework where AIs are aligned with user interests—acting on behalf of individuals rather than being controlled by a single corporation.
OKX Rolls Out Agent Payments Protocol for AI
Targeting the growing “AI-to-AI” economy, OKX has launched the Agent Payments Protocol. This infrastructure is designed to handle the entire business cycle for AI agents—including automated quotes, dispute resolution, and onchain settlement—allowing AIs to conduct commerce autonomously.
Ethereum ICO Whale Wakes Up After 10 Years
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An Ethereum ICO participant who originally invested just $3,100 in 2015 “woke up” on April 29 after a decade of dormancy. The whale transferred their holdings, now valued at approximately $23 million, marking one of the most significant “diamond hand” movements in the network’s history.
This article is published on BitPinas: Canada Explores Banning Crypto ATMs | Catch Up | Apr. 26 – May 2, 2026
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