Institutional Crypto Integration Accelerates (2026-04-29)

An early PEPE whale spent $100,200 to purchase 21.2 million BULL and locked them.

According to Lookonchain monitoring, PEPE early whale Deltacorpse.eth spent 100,200 USD to purchase 21.2 million BULL tokens and locked them.

This whale previously bought PEPE when its market capitalization was 2 million USD.

[Foresight News]

Data: A whale opened a long position of $4.40 million in DOGE with 10x leverage.

According to Lookonchain, the whale 0x8d0E—previously suffering cumulative losses of approximately $13.74 million—opened a 10x-leveraged long position on DOGE in the past two hours.

The position size is 40 million DOGE, valued at approximately $4.4 million.

[ChainCatcher]

Latin American digital wallet platform Belo completes $14.00 million Series A financing, led by Tether

Tether led a $14 million Series A funding round for Belo, a Latin American digital wallet platform. Other participants in this round included Titan Fund, The Venture City, Mindset Ventures, and G2.

Belo stated that it will use the new capital to expand into Mexico, Chile, Colombia, Peru, Bolivia, and Paraguay, while further strengthening its operations in Brazil—focusing on freelancers, remote workers, and users managing cross-border fund flows.

Founded in 2021 and headquartered in Buenos Aires, Argentina, Belo currently serves over 3 million users across Latin America. Its product is a digital wallet built on crypto infrastructure, enabling users to hold, send, and receive local currencies and “digital dollars” (stablecoins).

Stablecoins have seen rapid adoption in emerging markets like Latin America, primarily for inflation hedging, cross-border remittances, and bypassing high-cost foreign exchange systems. Belo reduces the cost and latency of cross-border transfers by integrating payments, foreign exchange, and cross-border transfers into a single app workflow—and leveraging crypto infrastructure for back-end settlement.

[CoinDesk]

OKX will launch AI perpetual contracts.

According to the official announcement, OKX will officially launch the AIUSDT perpetual contract on its web platform, mobile app, and API at 20:00 (UTC+8) on April 29, 2026.

[Odaily]

OKX will launch the AIUSDT perpetual contract.

OKX will officially launch the AIUSDT perpetual contract at 20:00 on April 29, 2026.

[Foresight News]

Terminal tool Ghostty announces departure from GitHub due to stability issues and initiates migration

On April 29, Mitchell Hashimoto, founder of the terminal tool Ghostty, announced that he will gradually leave GitHub.

Hashimoto, an early GitHub user (registered in 2008 with ID 1299), has long relied on the platform; however, recent frequent outages have impacted his team’s development efficiency. This migration plan has been under consideration for several months and was formally decided this week.

The project’s future hosting platform has not yet been announced. Existing repositories will be retained as read-only mirrors, and his other personal projects will not be migrated for now.

[PANews]

Caixin: SpaceX’s free-float market capitalization on its IPO debut may be between $440.00 billion and $530.00 billion

Caixin published an article titled “SpaceX’s $1.75 Trillion IPO Imminent: Who Can Buy It? Is It Worth Buying?”, which notes: Wall Street has never encountered a publicly listed company with such a massive IPO size and simultaneously such complex ties to the U.S. government.

Nasdaq previously approved a new “Fast Entry” rule, under which newly listed companies qualifying for the top 40 positions by market capitalization in the Nasdaq-100 Index will be rapidly added to the Nasdaq-100 Index within 15 trading days of their listing. This rule takes effect on May 1, 2026, and is widely viewed as specifically designed for SpaceX’s upcoming IPO—as well as paving the way for potential listings of OpenAI and Anthropic in late 2026 or 2027.

Assuming SpaceX lists at a $1.75 trillion valuation with a free-float ratio of 25% to 30%, its Day-1 free-float market capitalization would land between $440 billion and $530 billion. Based on Nasdaq-100 weighting methodology, SpaceX would immediately rank among the top ten largest-weighted constituents.

Market sources report that S&P Dow Jones Indices is also evaluating some form of “fast inclusion” mechanism for the S&P 500; however, details remain undisclosed.

[Odaily]

Latin American digital wallet Belo completes $14.00 million Series A financing, led by Tether

Latin American digital wallet Belo has completed a $14.00 million Series A funding round, led by Tether, with participation from Titan Fund, The Venture City, Mindset Ventures, and G2.

The funds will be used to expand into Latin American markets including Mexico, Chile, and Colombia, and to scale up its stablecoin payment infrastructure.

[Foresight News]

Coinbase will list perpetual contracts for U.S. stocks including AMD, ARM, and Intel.

According to the official announcement, Coinbase will launch perpetual contract trading for Advanced Micro Devices (AMD), ARM (ARM), Intel (INTC), Micron (MU), and SanDisk (SNDK) on April 29, 2026.

The AMD-PERP, ARM-PERP, INTC-PERP, MU-PERP, and SNDK-PERP markets will open once liquidity conditions are met.

[ChainCatcher]

Aftermath Finance pauses protocol in response to security vulnerability

Sui liquid staking protocol Aftermath Finance posted that the community has noticed a security vulnerability in the protocol. The team is actively investigating with security partners.

As a precaution, the protocol has been suspended and measures have been taken to minimize the potential impact on user funds.

[Foresight News]

Binance Launches Sentio (ST) Trading Competition with $200,000 in Prizes

Binance will host a Sentio (ST) trading competition from 21:00 on April 29, 2026, to 21:00 on May 6, 2026. Participants will be ranked based on their total ST token buy trade volume, and the top 2,870 users will share 1,664,600 ST tokens equally.

During the event, users must trade ST tokens on Binance Wallet (custodial) or Binance Alpha. Eligible users can claim their rewards before 21:00 on May 27, 2026.

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[ChainCatcher]

DOGE whale with unrealized losses exceeding $10 million goes long on DOGE again with 10x leverage

PANews reported on April 29 that a DOGE whale with the address 0x8d0E, after previously experiencing a floating loss of approximately $13.74M, has increased its long positions in the past 2 hours.

The whale established a 10x leveraged long position on 40,000,000 DOGE (approximately $4.40M).

[Lookonchain]

Yao Cai Securities: The acquisition of Ant Group Holdings has been completed; the company will focus on Hong Kong clients and currently has no plans to enter the tokenized assets space.

April 29th news, Emperor Securities Financial (01428.HK) announced that the acquisition transaction by Ant Fortune Holdings has been fully completed. Emperor Securities stated that this acquisition will accelerate the digital transformation and upgrade. In the future, it will also ensure stable operation and strictly follow the regulatory requirements of both Mainland China and Hong Kong.

Emperor Securities also refuted market rumors: “The company mainly serves local Hong Kong customers and will not expand brokerage services to Mainland China identity customers. In addition, Emperor Securities has no plans to get involved in tokenized assets and other Web3 fields.”

[PANews]

Yao Cai Securities: The acquisition of Ant Group Holdings has been completed; there are currently no plans to enter the tokenized assets space.

Yao Cai Securities Financial Announcement states that the acquisition of Ant Fortune Holdings has been fully completed. Yao Cai Securities stated that, following this acquisition, it will accelerate its digital transformation and upgrading. Going forward, the company will also ensure stable operations and strictly comply with regulatory requirements in both mainland China and Hong Kong.

Yao Cai also refuted market rumors: “The company primarily serves local Hong Kong customers and will not expand brokerage services to clients holding mainland Chinese identity. Additionally, Yao Cai has no plans to enter Web3 fields such as tokenized assets.”

[Golden Ten]

73 related wallets hold 299.60 million SKYAI, and there is no sign of shipping yet.

Evening Trader Group stated that a coordinated cluster of wallets has controlled a large supply of SKYAI tokens for nearly a year. Currently, 73 associated wallets hold a total of 299.60 million SKYAI, with a market value of approximately $69.60 million.

Fund flow tracking shows that the cluster gradually accumulated chips through multiple intermediary wallets and completed the initial position building a year ago on PancakeSwap and centralized exchanges at a price of $0.0399. Calculated at the current price, the overall return rate is about 476.00%, and no on-chain signals related to chip distribution and selling have been detected at this stage.

[Odaily]

MoonPay acquires Israeli security company Sodot for approximately $100 million to expand its institutional business

On April 29, according to Bloomberg, crypto payments company MoonPay acquired Israeli crypto security startup Sodot in an all-stock transaction valued at approximately $100 million.

MoonPay will establish a new division, MoonPay Institutional, specifically targeting large traditional financial institutions and offering services including crypto trading, tokenized securities, payments, wallet management, and stablecoin issuance.

The division will be led by Caroline D. Pham, former Acting Chair of the U.S. Commodity Futures Trading Commission (CFTC), who joined MoonPay in December last year as Chief Legal Officer and Chief Administrative Officer. Pham stated that institutions are accelerating their entry into the crypto and DeFi space amid the implementation of U.S. stablecoin regulations and enhanced blockchain security.

[PANews]

Robinhood’s U.S. stock pre-market trading fell over 10%, while Bernstein maintains its $130 target price.

Despite Robinhood’s weaker-than-expected first-quarter results, Bernstein analyst Gautam Chhugani’s team maintained its outperform rating on HOOD and a $130.00 price target. Analysts pointed out that the weak performance in the first quarter has been reflected in the stock price in advance.

They focused on the fact that several core indicators of Robinhood remained strong: margin loan balances reached a record $17.00B (up 93% year-on-year), event contract trading was active in April, the prediction market size is moving towards $3.00B, and Robinhood Gold subscriptions increased by 36% year-on-year to 4.34M.

However, the current market shows that Robinhood (HOOD) is down more than 10% in pre-market trading in US stocks.

[ChainCatcher]

Sui ecosystem trading platform Aftermath Finance suspends protocol processing due to suspected attack incident

Sui ecosystem comprehensive trading platform Aftermath Finance announced on April 29 that it has discovered that the protocol has been attacked and is currently conducting a joint investigation with security partners.

The project team stated that it has suspended the protocol operation for security reasons and has taken measures to minimize the potential impact on user funds, and will continue to update the progress.

[PANews]

MoonPay Acquires Crypto Security Startup Sodot in $100.00M All-Stock Deal

MoonPay announced the acquisition of Israeli crypto security startup Sodot in an all-stock deal valued at $100 million. Following the completion of this acquisition, Sodot will be integrated into MoonPay’s newly established MoonPay Institutional division.

MoonPay Institutional is set to provide a range of cryptocurrency and blockchain services—including trading, tokenized securities, payments, wallet management, and stablecoin issuance—to major traditional financial institutions.

The division is led by Caroline D. Pham, who joined MoonPay in December last year as Chief Legal Officer and Chief Administrative Officer, after previously serving as Acting Chair of the U.S. Commodity Futures Trading Commission (CFTC).

[Bloomberg]

Planet Evening News

  1. Vitalik sold 40 million ASTEROID tokens, cashing out approximately $114,600;

  2. The Kyber hacker transferred stolen funds to Tornado Cash; the hacker involved in this incident has previously been indicted by the FBI;

  3. A whale is suspected of liquidating 3,418 ETH, with estimated profits exceeding $1.32 million;

  4. South Korea’s National Tax Service has initiated preparations for taxing virtual assets, planning implementation in January next year;

  5. a16z co-founder Marc Andreessen changed the banner of his X account;

  6. Ronin will migrate to Ethereum Layer 2 on May 12, reducing RON’s inflation rate to below 1%;

  7. Trump: Iran should sign a nuclear-free agreement as soon as possible;

  8. MegaETH is launching an eight-week Odyssey again ahead of its TGE; the probability of TGE tomorrow stands at 97%;

  9. QCP: The market has shifted to cautious observation, with Bitcoin remaining range-bound;

  10. BIT: Bitcoin posted two consecutive months of gains, showing signs of recovering market momentum.

RichSilo Visions:

Today’s Market Pulse

Institutional adoption accelerates as crypto platforms expand traditional finance integration, while whale activity signals diverging market sentiment across altcoins.

Key Themes

Institutional Expansion & Traditional Finance Integration
MoonPay’s $100M acquisition of Sodot establishes MoonPay Institutional, targeting traditional financial institutions with crypto services, while SpaceX’s impending $1.75T IPO may trigger Nasdaq-100 inclusion under new “Fast Entry” rules. Belo’s $14M Series A led by Tether underscores stablecoin adoption in emerging markets, particularly for cross-border payments and inflation hedging. This convergence between crypto and traditional finance structures is creating new liquidity channels but also highlighting regulatory compliance challenges.

Platform Evolution & Market Infrastructure
Major exchanges are expanding product offerings with OKX launching AIUSDT perpetual contracts and Coinbase listing perpetual contracts for U.S. stocks like AMD and ARM. Meanwhile, Binance incentivizes trading through a Sentio competition distributing ST tokens. This infrastructure development suggests maturing market mechanisms but also raises questions about exchange competition and market fragmentation.

Whale Activity & Market Sentiment
Contrasting whale behaviors highlight divergent market views: a PEPE early whale accumulates BULL tokens while a DOGE whale with $13.74M in unrealized losses doubles down on 10x leveraged long positions. Elsewhere, 73 wallets control $69.6M of SKYAI with 476% returns, suggesting significant concentration risks. These whale behaviors often precede market shifts, particularly in leveraged positions.

Security & Protocol Risks
Aftermath Finance suspended operations following a suspected attack, reminding investors of persistent security challenges in DeFi. Meanwhile, Yao Cai Securities explicitly distanced itself from tokenized assets despite Ant Fortune acquisition, highlighting regulatory boundaries. These incidents underscore the operational risks in evolving crypto ecosystems.

RichSilo Verdict

Smart money should monitor institutional flows into crypto infrastructure plays like MoonPay and Belo while watching SpaceX’s IPO impact on market sentiment. The concentration of SKYAI tokens in 73 wallets presents both opportunity and risk, while the DOGE whale’s leveraged position could trigger significant volatility. Key catalysts include SpaceX’s May 1st Nasdaq-100 inclusion eligibility and implementation of U.S. stablecoin regulations, though regulatory clarity remains the wildcard for broader institutional adoption.

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