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Negotiations on the CLARITY bill are nearing completion with only a few contentious clauses remaining.
PANews reported on April 16th that, according to CoinDesk, negotiations in the US Congress regarding the "CLARITY Act" (crypto legislation) have only about two or three outstanding issues remaining. A Senate staffer described the draft bill as "very close" to completion in a JPMorgan report. Market participants expect that if the remaining contentious clauses are agreed upon without additional "piggybacking" clauses, the CLARITY Act could have a substantial impact on the US crypto asset regulatory framework and related market expectations in the coming quarter.
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Gate launches Gold & Silver vs. Crude Oil showdown, sharing 68,000 USDT.
Gate will be hosting a Gold & Silver vs. Crude Oil Showdown event from 17:00 on April 16th to 17:00 on April 30th (UTC+8). Users can choose to join teams to compete for market glory. The total prize pool is 68,000 USDT, with a maximum individual reward of 10,500 USDT.
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Bithumb has added GRACY, SPURS, ZTX, WIKEN, and FITFI to its trading alert list.
PANews reported on April 16 that, according to an official announcement, South Korean cryptocurrency exchange Bithumb has added GRACY, SPURS, ZTX, WIKEN, and FITFI to its trading alert list, with a tentative notice of postponement/cancellation/termination of trading support scheduled for the third week of July. Additionally, Upbit has also added SPURS to its trading alert list.
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Binance will discontinue support for deposits and withdrawals of certain tokens on some networks.
PANews reported on April 16th that, according to an official announcement, Binance will cease supporting deposits and withdrawals of the following designated tokens on the BNB Smart Chain at 16:00 (UTC+8) on April 23, 2026: Highstreet (HIGH) and Resolv (RESOLV) via BNB Smart Chain. After 16:00 (UTC+8) on April 23, 2026, deposits using these designated tokens will not be credited to your account, potentially resulting in asset loss.
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Naver plans to list its fintech subsidiary after completing a share swap with Dunamu.
PANews reported on April 16th that, according to Tech in Asia, South Korean internet giant Naver plans to list its fintech subsidiary, Naver Financial, after completing a share swap with Dunamu, the operator of the cryptocurrency exchange Upbit in which Naver holds shares. The company aims to complete the IPO within five years of the transaction's completion. The deal has been delayed due to extended antitrust reviews, and the specific timeline and structure will depend on market conditions and the regulatory environment. South Korea's proposed Digital Assets Basic Law may alter the transaction structure or timeline. On the same day the share swap agreement was signed, both parties signed a shareholders' agreement requiring the establishment of an IPO committee for Naver Financial within one year of the share swap's completion, with a two-year extension if the listing is not achieved within five years.
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Gate.com has opened a pre-IPO subscription page for SpaceX (SPCX) and confirmed that pre-market trading will begin on April 24.
Gate.io announced that the subscription page for its first pre-IPO project, SpaceX (SPCX), is now officially online. Users can access the page in advance to view project details and subscription rules. The SpaceX (SPCX) subscription will be open from 18:00 on April 20, 2026 to 18:00 on April 22, 2026 (UTC+8), supporting both USDT and GUSD. After the subscription is completed, SPCX asset certificates are expected to be distributed ahead of schedule before 22:00 on April 22 (UTC+8) and will be 100% unlocked for pre-market trading on the platform. Pre-market trading will begin at 18:00 on April 24 (UTC+8).
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OpenGradient launches OPG airdrop registration portal; 4% of total supply will be allocated for airdrops.
PANews reported on April 16th that OpenGradient, a verifiable AI computing layer, has launched an OPG token airdrop registration portal. Registration will continue until April 20th, and the application window will open on April 21st. The total supply of OPG tokens is 1 billion, distributed as follows: Ecosystem 40% (10% unlocked with TGE, remaining to be unlocked linearly over 60 months), Foundation 15% (33.33% unlocked with TGE, remaining to be unlocked linearly over 48 months), Core Contributors 15% (locked for 12 months, unlocked linearly over 36 months), Investors and Advisors 10% (locked for 12 months, unlocked linearly over 36 months), Staking Rewards 10% (unlocked linearly over 96 months), Liquidity and Token Listing 6% (all TGE unlocked), and Airdrop 4% (all TGE unlocked).
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The Lido buyback appears to have started, with 4.82 million LDO tokens withdrawn from Binance and transferred to a buyback multisignature wallet in the early hours of the morning.
PANews reported on April 16th that, according to on-chain analyst Yu Jin, Lido's buyback appears to have begun. This morning, 4.82 million LDO (US$1.81 million) were transferred from Binance to a multi-signature wallet managed by the Lido Growth Committee (the wallet responsible for executing the buyback). The buyback proposal was released on March 27th when the LDO price was at its lowest point ($0.27), and it has since risen 40% to US$0.38. Lido approved a proposal three days ago to buy back up to 10,000 stETH. Two days ago, the Lido Growth Committee announced the execution parameters for the first buyback of 1,000 stETH. This morning, the multi-signature wallet managed by the Lido Growth Committee received 4.82 million LDO (US$1.81 million) from market maker Portofino.
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Justin Sun will attend the opening ceremony of the HTX Genesis Hackathon as a special guest.
The HTX Genesis Hackathon, hosted by HTX DAO and B.AI, and co-hosted by TinTinLand and OpenCity, will open in Hong Kong on April 21. This event focuses on the "AI x Web3" track and is expected to attract over 100 teams and more than 400 core developers. Distinguished guests including Justin Sun, Global Advisor of Huobi HTX, and Molly, HTX DAO Ambassador, will be present to discuss the evolution of AI and Web3 and their industrial applications. In addition, the HTX Ecosystem Empowerment Program will be launched during the event, providing outstanding projects with up to $10 million in grant funding and comprehensive support including listing, traffic, technology, and incubation to accelerate the launch and growth of high-quality projects.
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Pakistan's Foreign Ministry: The date for the next round of US-Iran talks has not yet been set.
PANews reported on April 16 that, according to Jinshi, the Pakistani Foreign Ministry stated that the date for the next round of talks between the US and Iran has not yet been determined.
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A trader bought over 37% of the total supply of unc tokens at a low point and has now airdropped $6.4 million worth of unc tokens to more than 2,000 addresses.
PANews reported on April 16th that, according to Arkham monitoring, trader @fibonacki purchased 37.45% of the supply of the token unc when its market capitalization was only $6,000. He then airdropped 33.85% of the supply to over 2,000 on-chain addresses, including several well-known traders. The airdrop is currently valued at approximately $6.4 million, with the largest single airdrop of 1% (sent to 22 traders) worth nearly $200,000.
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Cato, a think tank, argues that the US should eliminate a capital gains tax on cryptocurrencies to promote currency competition.
PANews reported on April 16th, citing Cointelegraph, that the Cato Institute, a US think tank, released a report calling on governments to eliminate capital gains taxes on cryptocurrencies such as Bitcoin to promote currency competition. Policy scholar Nicholas Anthony pointed out that capital gains taxes encourage long-term holding and increase the tax burden, thus inhibiting the use of Bitcoin as an alternative currency. The simplest solution is to completely eliminate capital gains taxes, or at least eliminate them for the use of cryptocurrencies and foreign exchange, allowing competition to determine the optimal currency. He cited the example that buying a cup of coffee with Bitcoin every day could generate over 100 pages of tax returns. Anthony also mentioned a small-amount tax exemption scheme, where transactions below a certain threshold would not trigger capital gains taxes.
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PANews Agents Toolkit has been upgraded and launched, adding 16 new scenarios including the Polymarket Smart Money Ranking.
PANews announced on April 16th that its official Agents Toolkit has undergone a comprehensive upgrade and is now live. Compared to the initial version of Skills launched in March, the new version covers 16 core use cases and 18 CLI commands, expanding its capabilities from news retrieval to multiple dimensions including prediction markets, industry events, and community topics. Key upgrades include: Polymarket Smart Money Rankings: Four ranking lists (Small-scale Strong Performers, Active Alpha, High Win Rate, and Stable Profitability), supporting reading, summarizing, and comparative analysis. Agents can directly answer questions such as "What are the latest smart money focuses on?" and "What changes have occurred in the High Win Rate ranking this period?". Events and Calendar: Agents can access schedules for industry summits, hackathons, token unlocks, Fed interest rate decisions, and other events.
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Giovanni Cunti, CEO of Gate Technology Ltd., speaks at Paris Blockchain Week: Accelerating the Construction of Stablecoins and AI-Driven Global Networks
Giovanni Cunti, CEO of Gate Technology Ltd., attended Paris Blockchain Week 2026 yesterday and participated in a roundtable discussion on "Connecting Markets: The Role of Exchanges and Stablecoins." He stated that Gate is accelerating its evolution from a traditional trading platform to a provider of full-stack Web3 financial infrastructure, integrating capabilities such as custody, collateral, 24/7 settlement, and bank interconnection to build an integrated architecture connecting traditional finance with on-chain markets.
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A whale increased its ETH holdings to 6886 ETH through Aave revolving lending.
PANews reported on April 16 that, according to Onchain Lens monitoring, a whale deposited 3,500 ETH (US$8.26 million) into Aave V3, borrowed 8 million USDC, bought 3,386 ETH at a price of US$2,363, and then deposited them into Aave V3 again. Currently, this whale holds 6,886 ETH (US$16.22 million).
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