Hong Kong Monetary Authority: Beware of False Tokens Claiming Association with Licensed Stablecoin Issuers

April 29 — Binance announced Thursday it will suspend deposit and withdrawal services for Rootstock Infrastructure Framework (RIF) tokens on May 4, 2026, at 17:00 UTC+8 to support the network’s upcoming upgrade and hard fork. The move aims to enhance user experience, per the official statement. The RIF project team plans to roll out the upgrade and hard fork at block height 8,804,200, which is expected to occur around 18:00 UTC+8 the same day.

April 29 — Per HyperInsight monitoring, on-chain data shows the major ETH long whale "BIT Whale" opened a 15x leveraged ETH long position last night via address 0xa5b..., with an average entry price of ~$2,269. The position currently holds an unrealized gain of $570,000 (10%). The whale has dynamically spread its holdings across three addresses, boosting its ETH position from 28,000 coins (≈$63.8 million) yesterday to 63,000 coins (≈$144 million)—nearly doubling its position in one day. The address is owned by digital financial services group BIT, having repeatedly received fund transfers from its entities. Previously, it has taken multi-hundred-million-dollar ETH long positions with profits exceeding $50 million. Relevant addresses: 0xa5b0edf6b55128e0ddae8e51ac538c3188401d41 0x6c8512516ce5669d35113a11ca8b8de322fd84f6 0xA875890465dA20062bCF3b024Bf7d54E69C725a8

**April 29th** Official sources confirm Monad’s official X account (@monad) has been restored after being suspended yesterday. Earlier, Monad co-founder Keone Hon posted: “Monad’s X account was frozen without prior warning. We believe this was likely a mistake—we haven’t engaged in any unusual activity and have used the API and other functions normally. We’ve reached out to X support via multiple channels and expect the account to be reinstated soon.”

**April 29th Crypto Update** Per alternative data, the cryptocurrency Fear & Greed Index is 26 today—down from 33 yesterday, marking intensified market fear. **Note**: The index spans 0-100, with components including: - Volatility (25%) - Market trading volume (25%) - Social media hype (15%) - Market sentiment (15%) - Bitcoin dominance (10%) - Google Trends analysis (10%)

On April 29, Polymarket officially addressed data leak allegations, clarifying: - Its data has never been leaked; all relevant information is accessible via public endpoints and on-chain data, with the platform framing on-chain transparency as an inherent feature—not a security vulnerability. - Any user can freely access the data through its API with no payment required. Earlier reports had alleged Polymarket was suspected of a data leak involving over 300,000 records and a leaked exploit toolkit.