The Over Foundation will terminate the Over Protocol Layer 1 network, citing financial constraints. The organization has already halted all core infrastructure and related services, including OverWallet, OverNode, OverFlex, RPC endpoints, the block explorer and its APIs, and says it has no plans to bring them back. Although Over Protocol is decentralized by design, the Foundation acknowledged the chain is unlikely to keep running without continued RPC and API support from the organization.

The U.S. Commodity Futures Trading Commission (CFTC) is rolling out artificial intelligence tools to help review crypto registration applications and monitor trading data, according to Chairman Michael Selig. The agency is looking to maintain oversight capacity as it adjusts to staff reductions of more than 20% under the Trump administration.

Cointelegraph spoke with OKX MENA and CIS CEO Rifad Mahasneh (@RifadM) after OKX added BlackRock's BUIDL tokenized U.S. Treasury fund to its collateral framework with Standard Chartered. Under the arrangement, eligible institutional and VIP clients can post yield-bearing BUIDL as trading collateral while the assets remain in regulated custody, underscoring the push to bring real-world assets on-chain. "More assets will definitely come onchain and be accessible for users." Full interview:

Blockchain data shows a transfer of 1,000,000,000 USDT (1,000,197,500 USD) from Binance to an unknown wallet.

According to CoinDesk, the U.S. Securities and Exchange Commission has reaffirmed XRP's status as a digital commodity in its latest 2026 cryptocurrency guidance, clarifying its federal regulatory treatment and opening the door to broader institutional and market opportunities. The guidance aims to draw a cleaner line between crypto assets treated as securities and those considered digital commodities. Under the SEC's interpretive framework, digital commodities are tokens used to access or participate in an active crypto ecosystem, with value supported not only by market demand but also by the network's practical utility. Designation as a digital commodity would ease XRP's regulatory burden compared with securities, which face stricter SEC requirements such as registration, ongoing disclosures, and greater enforcement exposure. Commodity spot markets, under frameworks comparable to those overseen by the U.S. Commodity Futures Trading Commission, are generally subject to lighter regulation. For Ripple and the XRP ecosystem, the distinction reduces legal uncertainty and long-running compliance pressure. Market participants view the SEC's clearer stance as supportive for adoption, as exchanges and institutional investors often require regulatory certainty before expanding listings or deploying crypto for custody, settlement, or liquidity operations. The update removes a key obstacle that has slowed XRP's integration with traditional financial institutions. In the 2026 guidance, the SEC places XRP in the same digital-commodity category as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cardano (ADA), Avalanche (AVAX), Chainlink (LINK), Litecoin (LTC), Dogecoin (DOGE), Polkadot (DOT), Stellar (XLM), Hedera (HBAR), Tezos (XTZ), Bitcoin Cash (BCH), Shiba Inu (SHIB), and Aptos (APT). The inclusion underscores regulators' growing recognition of decentralized, network-driven value models. The framework also builds on earlier SEC-CFTC coordination. In March, XRP was determined to be a digital commodity, setting the stage for the current approach. The legal overhang has also eased: the lawsuit between Ripple and the SEC concluded in August last year, removing a major source of uncertainty. With the litigation behind it and the classification clarified, XRP is positioned for a period defined more by regulatory certainty, institutional participation, and real-world utility than courtroom risk.

The United Arab Emirates will officially withdraw from OPEC and the OPEC+ alliance, ending a 59-year membership.

Galaxy Digital Inc. said it recorded a net loss of $216 million in the first quarter of 2026, as digital asset prices fell about 20% during the period. The company reported an adjusted loss per share of $0.49 and adjusted EBITDA of $188 million. As of March 31, total equity was $2.78 billion. Cash and stablecoin holdings were about $2.605 billion. In data center operations, Galaxy delivered the first data hall at its Helios campus to CoreWeave. The company expects full delivery of 133 MW of critical IT load by the end of Q2 2026. Galaxy also received ERCOT approval for an additional 830 MW of power capacity, lifting the campus' total approved capacity to more than 1.6 GW. In asset management, assets under management were roughly $5 billion at quarter-end, with net inflows of $69 million during the quarter. After the quarter, BlackRock said it selected Galaxy as the staking validator for its first reward-based crypto ETF, the iShares Staked Ethereum Trust ETF. During the quarter, Galaxy repurchased 3.2 million shares for $65 million and completed its delisting from the Toronto Stock Exchange, leaving Nasdaq as its sole listing venue.

The United Arab Emirates will leave OPEC and the OPEC+ alliance effective May 1, according to the country's state news agency.

Galaxy Digital on April 28 reported its first-quarter 2026 results, recording a net loss of $216 million as digital asset prices declined. Diluted and adjusted earnings per share came in at a loss of $0.49. The company posted an adjusted gross loss of $88 million and an adjusted EBITDA loss of $188 million for the period. As of March 31, Galaxy Digital reported total equity of $2.8 billion and held $2.6 billion in cash and stablecoins.