The IRS Implements New Digital Asset Reporting Standard to Combat Tax Evasion

On April 21, Galaxy Digital’s Head of Research Alex Thorn warned the U.S.’s key cryptocurrency bill—the CLARITY Act—has hit a make-or-break moment. Delaying deliberations until mid-May would send its 2026 passage odds plummeting. Right now, the chance the bill becomes law this year is pegged at roughly 50% or less. Data from Polymarket also shows its passage probability has fallen from 82% in February to 47%. Thorn noted the Senate’s calendar is currently packed with issues including Iran military authorization, Department of Homeland Security funding, and presidential nominations—leaving little room for the CLARITY Act. If Democrats retake the House after November’s midterms, legislative progress on the bill could stall. While the House passed the bill last July with a bipartisan 294-134 vote, Senate negotiations are far more complex, with several key hurdles: - A disagreement over stablecoin rewards was the main reason deliberations were delayed back in January. - A draft p

April 21 — On-chain sleuth ZachXBT posted to his personal channel that the KelpDAO attacker has begun laundering stolen funds: moving assets from Ethereum mainnet to Bitcoin via Thorchain, plus an additional $78,000 laundered via Umbra.

On April 21st, the U.S. Commodity Futures Trading Commission (CFTC) announced that Unit Labs — parent company of Unitxyz and Tradexyz — filed a request to meet with the regulator on April 7th.

April 21st The HTX Genesis Hackathon—organized by HTX DAO and B.AI, co-hosted by TinTinLand and OpenCity—kicked off in Hong Kong. At the event, HTX DAO Ambassador Molly delivered a keynote on the **"HTX DAO Ecosystem Development Plan: Launch of the Multi-Million Ecosystem Fund and Value Loop Strategy."** She noted the hackathon’s core vision is to build a free financial port rooted in the exchange’s ecosystem. To that end, a five-tier ecosystem matrix spanning the entire industry chain has been established, including: - Huobi HTX as the core business engine and liquidity hub; - HTX DAO as the ecosystem’s governance hub and centralized decision-making brain; - Public chain/innovation layer leveraging TRON for payment network support; - Robust DeFi infrastructure built with projects like JustLend and SunX; - HTX Ventures focusing on industry frontiers, offering investment, incubation, and acceleration for top projects; - B.AI targeting future trends, dedicated to buildi

April 21 — At the "Decoding Web 4.0: When AI Agents Take Over On-Chain Governance" event, Cobo showcased its AI agent-focused "Contractual Execution" mechanism in a live demo session, highlighting how the tool works in real-world transaction scenarios. Built on four core components — intent, execution path, constraint rules, and completion conditions — the mechanism structurally defines each transaction, letting AI agents act autonomously within pre-set parameters. For basic use cases like token swaps, users only need to approve the contract one time. Once greenlit, AI agents execute transactions automatically within set constraints. When a transaction completes, the contract terminates and switches to a pending trigger state to avoid long-term permission risk exposure. For complex use cases like cross-chain bridges, AI agents can plan paths autonomously (including choosing bridges, executing routes, and more) and package the full execution plan into a set of contracts for use