U.S. Treasury Secretary: Nearly $500 Million in Iranian Crypto Assets Seized

April 30, Fox Business reported that White House National Economic Council (NEC) Chair Hassett said Powell’s reappointment as Federal Reserve (Fed) Chair could impact interest rate cuts. ### Notes on U.S. language conventions used: 1. **Conciseness**: Uses common abbreviations (NEC, Fed) for widely recognized U.S. government/financial bodies. 2. **Direct structure**: Places key information (source, speaker, core claim) upfront (vs. the original’s "according to" mid-sentence). 3. **Natural phrasing**: Replaces "stated that" with "said" (standard for news briefs) and clarifies "rate cuts" to "interest rate cuts" (specificity typical in U.S. financial reporting). 4. **Punctuation**: Omits the redundant second closing `

` from the original, and uses a comma after the date (common in U.S. news datelines).

Bloomberg reports (via Dynam.AI Beating monitoring on Telegram @OneMillion_AI) that 1X Technologies — a Norwegian-founded, OpenAI-backed robotics startup — has opened a 58,000-square-foot factory in Hayward, California, to lead mass production of consumer-grade humanoid robots. Built in just months, the facility will serve as the company’s manufacturing hub, with an initial annual capacity of 10,000 robots. 1X executives note the firm aims to produce 100,000 robots by the end of 2027 and is also constructing a larger production facility in San Carlos, California. The company expects to begin shipping products by the end of this year.

April 30 (AP) — Former President Donald Trump has proposed a new plan to reopen the Strait of Hormuz, the Associated Press reported Wednesday. A senior administration official said the plan calls for the U.S. to keep blocking Iranian ports while coordinating with allies to ratchet up pressure on Iran’s efforts to disrupt the free flow of energy. The anonymous official added Trump is weighing multiple diplomatic and policy options to force Iran to relinquish control of the strategic waterway.

April 30 — Coinbase’s Asset Management division has launched CUSHY, a digital credit strategy that links the traditional credit market to the fast-growing digital asset ecosystem, per official sources. For eligible investors and institutional clients, CUSHY offers tokenized shares with transparency and 24/7 on-chain access, backed by FundOS. FundOS is a next-gen integrated platform from Superstate that enables asset managers to tokenize funds. Superstate connects traditional financial assets to the crypto capital market via on-chain public listings and tokenized investment products, expanding investment channels, boosting liquidity, and driving capital formation. CUSHY is structured as a diversified opportunistic credit strategy, targeting additional yield opportunities created by capital migrating to the blockchain.

April 30 Official sources confirm the UK Financial Conduct Authority (FCA) has released new guidance clarifying how businesses can leverage Distributed Ledger Technology (DLT) under the regulator’s existing rulebook. The new rules will also boost fund transaction efficiency—including an optional “Direct to Fund (D2F)” model that lets investors transact directly with funds, whether those funds are traditional or tokenized. The FCA noted it collaborated closely with industry stakeholders to craft this guidance and rules, aimed at supporting innovation and improving asset management efficiency.

Per Bitget market data, U.S. stocks opened on April 30 with the Dow Jones Industrial Average up 0.45%, the S&P 500 gaining 0.36%, and the Nasdaq Composite rising 0.57%.