Hasset: Powell's Continued Fed Board Membership Could Impact Rate Cut

April 30 — Elon Musk’s relationship with Sam Altman and OpenAI has publicly deteriorated, per Fortune. In testimony for his lawsuit against the AI firm, Musk also took a cooler stance on cryptocurrency. During a Wednesday court hearing in Oakland, when asked to explain cryptocurrency, Musk said: “Some are valuable, but most are scams.” New York Times reporter Mike Isaac relayed the comment on social media. The remark stemmed from questions about OpenAI’s 2018 consideration of a brief initial coin offering (ICO) for funding. At the time, OpenAI was still a nonprofit. Details of that ICO plan are part of Musk’s ongoing legal battle with OpenAI over the company’s original mission. Musk co-founded OpenAI in 2015. He accuses the firm of violating its founding agreement after striking an investment deal with Microsoft and launching commercial products. In court, Musk called OpenAI a “misappropriation of a charitable organization.” In response, OpenAI said Musk was always aware th

April 30 (Reuters) - Iranian President Ebrahim Raisi told Belarusian counterpart Alexander Lukashenko in a phone call on April 30 that Iran has "completely lost trust" in the United States, according to Iranian media reports. Raisi noted resolving disputes through dialogue and diplomacy has always been a priority for Iran. However, he said the U.S. and Israel carried out two attacks on Iran during past negotiations, adding similar actions could happen again — a development he cited as the reason for Iran’s lost trust in the U.S.

April 30th — Per Bitget market data, Google A (GOOGL.O) surged 8% intraday to a new all-time high, adding $340 billion to its market cap in a single day.

On April 30, prediction market platform Polymarket announced a partnership with blockchain analysis firm Chainalysis to monitor transaction activity and enforce market rules—addressing concerns over insider trading and market integrity. The two firms revealed Thursday that Chainalysis will supply a full suite of tools, including investigation software and on-chain monitoring systems, to flag suspicious behavior. Their model is designed to detect patterns tied to "trading on undisclosed information." This collaboration comes as regulatory scrutiny of prediction markets intensifies. Critics contend platforms like Polymarket may be vulnerable to insider influence, such as political officials or corporate employees engaging in "information advantage betting" before public disclosure. While such activity is illegal and heavily regulated in traditional financial markets, regulatory boundaries for crypto prediction markets remain unclear. Polymarket’s approach centers on leveraging b

On April 30th, WTI and Brent crude oil prices each fell more than $1 in a short time, hitting $107.1 per barrel and $109.1 per barrel respectively, according to Bitget market data.

April 30 — KelpDAO has confirmed it has fulfilled its Recovery Fund commitment, depositing 2,000 ETH from its treasury into the Aave-led DeFi United Recovery Plan. The one-time injection aims to restore rsETH’s peg and help the system return to normal operation. Following the April 18 events, DeFi United collaborated with ecosystem partners including Mantle, Consensys, Arbitrum, Lido Finance, and LayerZero to outline a recovery roadmap: recapitalizing bridge treasuries, restoring oracle functionality, and repairing funding gaps in affected markets. Kelp noted its contribution will accelerate the overall recovery process. Kelp emphasized that prior to public statements, its internal commitment was clear: “rsETH holders will not be abandoned.” This contribution directly reflects that pledge. As additional funds from various parties are secured, rsETH’s collateral support will gradually normalize. The team will continue updating the community on progress.