The ETH “Whale” on Hyperliquid Increases Long Position Again, Now Holding $182 million

April 30—A 22-year-old Newport Beach man, Evan Lorne Tangman, was sentenced to 70 months in federal prison Wednesday for laundering money for a youth fraud ring, the Los Angeles Times reported. Tangman admitted to laundering at least $3.5 million for the group, which stole over $263 million in cryptocurrency from investors via social engineering—including impersonating cryptocurrency exchange staff. His rewards included a Lamborghini, Porsche and other luxury sports cars. Federal agents seized a black 2022 Rolls-Royce Ghost (valued at over $300,000) and a Porsche GT3 RS from his home. The ring, known as the “crypto kids,” consisted of teenagers who used illicit funds to rent mansions and private jets, buy luxury goods and spend up to $500,000 in a single night at nightclubs. Tangman also instructed others to destroy digital devices after group members were arrested.

**April 30 FOMC Update: Fed Holds Rates Steady, Unprecedented Dissent Drives Market Re-pricing** The Federal Reserve’s third consecutive decision to keep interest rates unchanged was hardly a surprise on its own. What truly triggered market revaluation, however, was an unusual 8-4 split at the meeting: one member called for an immediate rate cut, while three others pushed back against further dovish shifts—marking the most dissenting votes since 1992. This signals the Fed’s core challenge has shifted: it’s no longer “when to cut rates,” but growing internal divisions over the nature of inflation. For years, the Fed framed energy and supply chain shocks as short-term events, leading markets to assume inflation would eventually fall back to 2% with enough time. But as the Middle East conflict drags on, oil prices stay elevated, and core inflation faces renewed upward pressure, more officials are questioning: if supply shocks keep recurring, is “transitory inflation” no longer th

April 30 — Official sources confirm that Legend Trade, a social and gamified smart contract trading platform, has secured $3.5 million in seed funding. The round was led by Electric Capital, with participation from Amber Group and GSR. Notably, the project previously raised $1.5 million in a pre-seed round back in October 2025, with Big Brain Holdings among the participating investors.

April 30 — Official sources confirm that Bithumb, South Korea’s second-largest cryptocurrency exchange, is set to list MegaETH (MEGA) with KRW (South Korean won) trading pairs.

On April 30, Kite — the payment infrastructure built for the AI Agent Economy — officially launched its mainnet. During the bootstrap phase, the Kite Treasury will cover network fees, letting users interact with the network without worrying about gas costs. Alongside the mainnet rollout, Kite also publicly launched its Agent Passport: the authorization and payment control layer for AI agents. Users can sign a session with clear boundaries using a passkey (e.g., single-transaction limits, total budget caps, expiration dates, allowed assets, and payment methods). Agents will autonomously execute tasks within these constraints, and users won’t need to share their bank accounts, credit cards, or private keys. All actions are logged in a unified activity feed for easy auditing. Kite uses a “three-in-one” architecture: - **Bottom settlement layer**: An EVM-compatible L1 that natively supports stablecoin settlements, built for high-frequency, low-value, agent-driven payments. - **Mi

On April 30th, the Sui Foundation announced in an official statement that it has partnered with Mysten Labs to collaborate with Aftermath Finance. The joint effort aims to ensure user funds are recovered and the Aftermath protocol continues operating smoothly. Aftermath noted it will provide further updates on fund recovery soon.