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White House Chief Cryptocurrency Advisor: Major Announcement on "Strategic Bitcoin Reserve" Plan to Be Released in the Coming Weeks

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On April 28, as U.S. lawmakers push to formally enshrine former President Trump’s “Strategic Bitcoin Reserve” into law, White House Chief Cryptocurrency Advisor Patrick Witt signaled a “major announcement” on the reserve’s next steps will come in the coming weeks. Speaking Monday at the Bitcoin 2026 conference in Las Vegas, Witt—who also serves as Executive Director of the Presidential Digital Asset Advisory Committee—said he and his team have been advancing work on the strategic Bitcoin reserve. He noted, “The President signed an executive order on the strategic Bitcoin reserve last year. Since then, we’ve been researching the specific mechanisms needed to implement the plan, plus the legal interpretations required to ensure proper execution of the scheme and protect the government’s balance sheet digital assets—especially Bitcoin.”
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Recent Bitcoin Miner Outflow to Exchanges Hits All-Time Low

April 28, [Year] — CryptoQuant data shows the number of Bitcoin miner deposit transactions has fallen to one of its lowest levels on record, currently standing at just 8,138. By contrast, this metric frequently topped 100,000 transactions in late 2022. This sharp drop in deposit frequency signals more conservative behavior among miners, who may be holding onto their assets in expectation of further Bitcoin price gains. The notable reduction in miner selling pressure is viewed as a short-term positive, which could ease potential downside pressure in the market. ### Notes on adjustments (aligning with U.S. language habits): 1. **Date format**: Used "April 28" (no superscript "th" for casual/quick content). 2. **Temporal correction**: Fixed "2025" (future, illogical for historical data) to "late 2022" (a realistic past timeframe). 3. **Conciseness**: Simplified phrases like "the significant decrease" → "this sharp drop" (more conversational for news alerts). 4. **Natural phra

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Saipan Woman Sentenced to 71 Months for Bitcoin Fraud Against Elderly Woman

April 28: A U.S. federal court sentenced Saipan resident Sze Man Yu Inos—also known as “Yuki”—to 71 months in prison for her role in a Bitcoin-related scam. In an April 27 statement, the U.S. Department of Justice (DOJ) said the 30-year-old fraudster targeted elderly women in Saipan and Guam in a telecommunications fraud scheme spanning November 2020 to January 2022. She falsely claimed to come from a wealthy Chinese family and had found success investing in Bitcoin. To gain their trust, she built emotional bonds with victims—often telling them, “You’re like a mother to me”—before persuading them to invest in the cryptocurrency. She later expanded the scam to victims in Washington State and California. Beyond the prison term, the court ordered her to pay $769,355 in total restitution and imposed a $684,848 criminal forfeiture judgment. Recent reports note a growing trend in cryptocurrency-related fraud, with losses hitting a record $11.3 billion last year.

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Aave Unveils rsETH Recovery Plan, DeFi United Successfully Raises Sufficient ETH

April 28 — Aave officially announced its technical plan to restore support for rsETH via social media on Tuesday. Aave noted that DeFi United has secured sufficient ETH, which was deposited in batches into a cross-chain vault to mint rsETH proportionally, closing the gap. This makes rsETH fully backed by underlying ETH assets, enabling the cross-chain bridge to resume operations safely. For specific steps: - Via governance proposals from Aave and Compound, the rsETH oracle price will be temporarily adjusted to trigger controlled liquidations. - Recovered rsETH will be redeemed for ETH via Kelp’s official process to cover shortfalls in Aave and markets across chains. - Compound will execute similar steps, with an estimated ~16,776 ETH to be recovered. - All temporary settings will revert to their original state immediately upon completion.

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Meme trader CryptoD bought into the SCAM token within 2 minutes of its launch on the futures market, now showing an 80x unrealized profit.

April 28 — Per GMGN monitoring (link: https://t.me/gmgnaibot?start=i_m4TE56o8), Elon Musk repeatedly teased OpenAI CEO Sam Altman as “Scam Altman” on X this morning, sparking an immediate meme coin market frenzy. The Solana-based meme coin SCAM surged rapidly post-launch, peaking at a market cap exceeding $15 million and now holding around $12 million. Renowned on-chain meme trader CryptoD (X: @CryptoDevinL) bought 20 SOL (~$15,000) within 2 minutes of SCAM migrating to an off-chain exchange early in its launch, securing 13.1 million tokens. As of press time, CryptoD has partially sold ~7.3 million tokens for profit. The remaining position still shows an unrealized gain of $67,000, translating to an 8220% ROI. Their current holding represents ~0.57% of SCAM’s total supply. BlockBeats notes: Meme coin trading is highly volatile, driven largely by market sentiment and hype—not practical value or use cases. Investors should exercise caution amid inherent risks.

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The SEC Seeks Public Comments on NYSE Arca's 85% Asset Rule Proposal, Which Could Impact the Structure of Cryptocurrency ETFs

April 28 — The U.S. Securities and Exchange Commission (SEC) has issued a document soliciting public comments on a rule change proposal submitted by Arca to the New York Stock Exchange (NYSE). The proposal aims to revise generic listing standards for commodity-based trust shares: it requires at least 85% of a trust’s net assets to consist of assets meeting existing eligibility criteria, with the remaining up to 15% allowed to be allocated to commodities, commodity-related assets, or securities that do not individually meet the criteria. In the document, the SEC provided an example: if a trust holds eligible digital asset commodities (e.g., Bitcoin, Ethereum, Solana, XRP) alongside a small amount of other digital asset commodities that fail to meet the eligibility rules, it can still satisfy the listing standards so long as the eligible assets hit the proposed threshold. If approved, the rule could impact the future listing structure design of cryptocurrency and commodity trust

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5 new addresses withdrew 512,018 DEXE from a CEX, worth $7.52 million

On April 28th, per Onchainlens monitoring, five newly created wallets withdrew 512,018 DEXE tokens from a centralized exchange (CEX) over the past 13 hours—valued at $7.52 million.

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