According to ChainCatcher news reported by The Block, the Arbitrum Foundation, an Ethereum Layer 2 network, announced its withdrawal from the Nvidia-supported Ignition AI Accelerator program due to the chip giant's requirement that no mention of the collaboration be made in crypto-related announcements. The two parties had originally planned to establish an exclusive partnership, with Arbitrum being the only representative of the Ethereum ecosystem in the AI acceleration program.A spokesperson for the Arbitrum Foundation stated that Nvidia recently changed its stance, expressing a willingness to maintain the partnership but prohibiting public disclosure, which demonstrates its lack of long-term commitment to the crypto space. The accelerator program was intended to provide Arbitrum with AI development guidance and cloud service credits. Notably, another public chain, Aptos, still maintains its partnership with the accelerator. The foundation emphasized that the decision to withdraw was based on business considerations and that it will choose "partners that fully support blockchain innovation" in the future.

ChainCatcher news, according to a report by Reuters, Nike Inc. (NKE.N) was sued on Friday by a group of buyers who purchased Nike-themed NFTs and other crypto assets. The buyers allege that they suffered significant losses after the company abruptly shut down the business unit responsible for creating these assets.In a proposed class action filed in the federal court in Brooklyn, a group of buyers led by Australian resident Jagdeep Cheema stated that Nike's RTFKT division was suddenly closed in December 2024, leading to a sharp decline in demand for the NFTs they held. The group claims that had they known in advance that these tokens were unregistered securities and that Nike would "suddenly withdraw," they would never have purchased these NFTs at the then-current price or any price. The lawsuit accuses Nike of violating consumer protection laws in New York, California, Florida, and Oregon, with unspecified damages exceeding $5 million.

ChainCatcher news, the Federal Reserve has announced the withdrawal of regulatory guidance regarding banks' cryptocurrency assets and dollar token operations, and has simultaneously updated the relevant business expectation standards.Finance Feeds special contributor Damilola Esebame analyzes that this move by the Federal Reserve signifies a broader legitimization of Bitcoin in the eyes of regulators, surpassing mere banking policies. It helps the Federal Reserve accelerate the realization of a vision where Bitcoin is as easily accessible and secure as traditional fiat currency, which may mean that Bitcoin checking accounts, cryptocurrency-backed loans, and the conversion between cryptocurrency and fiat currency will be integrated into traditional banking operations faster than expected.

ChainCatcher message, a16z Crypto released an analysis article titled "Airdrops: How to Bring Home," which points out that the current airdrop strategies of Web3 projects focus too much on short-term user growth, neglecting the goals of long-term community building and protocol governance. a16z Crypto suggests that project teams should design airdrops as "long-term incentive tools," by setting lock-up periods and guiding users to participate in governance and contribution activities, to filter out true long-term participants rather than just attracting "airdrop hunters."In addition, a16z Crypto also emphasizes that airdrops should serve as a means to build loyal communities and achieve long-term value for the protocol, rather than merely a marketing tool.

ChainCatcher news, according to Cointelegraph, cryptocurrency investor sentiment has significantly improved from global tariff concerns, but analysts say that structural weaknesses in the market may still trigger downward pressure during the weekend's low liquidity. After U.S. President Trump adopted a more moderate stance, indicating that the import tariffs on Chinese goods could be "substantially reduced," the risk appetite among cryptocurrency investors seems to have rebounded this week.However, Bitfinex analysts stated that this improvement in sentiment "does not mean that Bitcoin can avoid volatility during the weekend; while improved sentiment can reduce market fragility, it cannot eliminate structural risks such as weak weekend liquidity. Historically, severe fluctuations are still likely to occur during weekends, especially when there are high open contracts and low market depth. Sudden macroeconomic news may still exacerbate volatility during low liquidity periods."

ChainCatcher news, according to Techjuice, the decentralized finance platform World Liberty Financial (WLFI), supported by U.S. President Trump, has signed a letter of intent with the Pakistan Crypto Council (PCC) to accelerate blockchain innovation, stablecoin adoption, and DeFi integration in Pakistan.The WLFI delegation met with senior leaders in Pakistan, and both parties will collaborate in areas such as regulatory sandboxes, asset tokenization, and stablecoin applications. Pakistan has 25 million active crypto users, with an annual trading volume of $30 billion, demonstrating its rapidly growing crypto market potential.

ChainCatcher news, Nick Tomaino, the founder of 1confirmation, stated on X that most people in the crypto industry only focus on the industry itself, and the circle is very closed. Many people just happened to be in the right place at the right time and made huge fortunes, so the desire to replicate past successful models is natural. But that era has ended. Now, it is essential to truly understand mainstream culture and the intersection of the crypto industry with it. In today's crypto space, there is much more cognition, capital, and competition; simply "going with the flow" can no longer lead to easy success.For example, if you want to create on-chain games, you must thoroughly understand everything about Web2 games and build on-chain games based on that knowledge; merely copying the Axie model is far from enough.

ChainCatcher news, according to Cointelegraph, the cryptocurrency project World Liberty Financial (WLFI) associated with the Trump family has performed poorly, currently facing an overall loss of over $4.28 million.The project raised a total of $550 million through two rounds of token sales, but various cryptocurrencies in its portfolio have underperformed, particularly the Movement (MOVE) token, which has lost over 50%. Currently, WLFI tokens have not been listed on exchanges and are only available to accredited investors.

ChainCatcher news, according to Cointelegraph, U.S. Senator Cynthia Lummis tweeted that the Federal Reserve's withdrawal of cryptocurrency guidance is just talk and not real progress.The Federal Reserve has stifled companies in the industry and harmed U.S. interests by stifling innovation and shutting down businesses. This struggle is far from over. Cynthia Lummis pointed out that the Federal Reserve's policy statement regarding Bitcoin and digital assets being considered "unsafe and unsound" has not been retracted.She also reiterated that many of the staff behind "Operation Chokepoint 2.0" are still involved in cryptocurrency policy today.

ChainCatcher news, according to Alternative data, today's cryptocurrency Fear and Greed Index is 65 (yesterday it was 60), indicating a rise in "greed" sentiment in the market.

ChainCatcher News, SEC Commissioner Mark T. Uyeda called for an expansion of cryptocurrency custody solutions during a roundtable meeting of the cryptocurrency working group on April 25. He believes that proper custody of client assets is a key protective measure under federal securities law, and that cryptocurrencies are no exception to this principle. He suggested allowing state-chartered trust companies to act as qualified custodians and considered modifying the "special purpose broker" system to promote market competition.

ChainCatcher news, the new SEC Chairman Paul Atkins stated at the third crypto roundtable: "The focus of today's roundtable discussion is the challenges faced by SEC registrants in attempting to safely custody crypto assets for their clients under federal securities laws.Is modifying the custody rules under the Securities Exchange Act, the Investment Advisers Act, or the Investment Company Act to accommodate crypto assets a special brokerage business, or is a new framework for crypto asset broker-dealers needed for market participants?"

ChainCatcher news, according to CoinDesk, the Nasdaq exchange has sent a letter to the U.S. SEC's cryptocurrency working group, suggesting that regulators carefully delineate categories of digital assets and clarify the role of regulatory "referees."The document, signed by Regulatory Affairs Chief John Zecca, proposes four categories:Financial securities tokens (such as tokens linked to stocks, bonds, ETFs, which should be treated the same as the underlying assets), regulated by the SEC;Digital asset investment contracts (tokenized contracts that meet the revised Howey test), subject to securities rules;Digital asset commodities (meeting the U.S. definition of commodities), governed by the CFTC;Other digital assets (not falling into the first three categories, not mandatorily subject to securities or commodity rules).The SEC and CFTC will collaborate to clarify regulatory boundaries, and new cryptocurrency laws may serve as guiding principles. Nasdaq also suggests establishing cross-trading qualification standards for multi-type asset handling platforms and emphasizes its credibility in the digital asset field, calling for enhanced security constraints on companies that comprehensively handle investor activities, aligning with industry practices.

ChainCatcher news, according to Cointelegraph, in Vilonia, Arkansas, the local planning commission unanimously rejected a proposal to build cryptocurrency mining facilities within the city's jurisdiction due to strong opposition from residents.Previously, community residents had resisted for several weeks, expressing concerns that mining operations would lead to noise pollution, increase energy consumption, and impact the overall environment. At a public meeting, residents stated that mining operations could disrupt the peaceful atmosphere of the town and put pressure on local infrastructure.Many also cited examples from other areas, pointing out that similar facilities could lead to higher electricity bills and that mining equipment continuously generates noise. In fact, Vilonia has faced potential issues with cryptocurrency mining in recent years, and residents have shown little interest in welcoming miners due to concerns about long-term sustainability and poor local economic benefits.

ChainCatcher news, according to Jinshi reports, the Swiss central bank president stated that cryptocurrencies have very high volatility, and the market liquidity in crisis situations is questionable.

ChainCatcher news, according to official sources, the "2025 HTX DAO Confidence Journey - Dubai Whale Night" hosted by HTX DAO will be grandly held in Dubai on April 29.Huobi HTX Global Advisor and TRON founder Justin Sun, as well as Huobi HTX spokesperson and HTX DAO ambassador Molly (Huobi HTX Liu Ye) and many other builders from the crypto space will be present and deliver keynote speeches, sharing their insights on the crypto market.In addition, relevant personnel from Huobi HTX will introduce the rights and interests of major clients at the event. It is worth mentioning that a special lottery interaction area has been set up for this event, with a total prize pool of up to 10,000 USDT.

ChainCatcher news, according to South Korean media Newsis, the main right-wing party in South Korea, the People Power Party (PPP), officially announced on April 25 that it will promote new legislation called the "Basic Law for the Promotion of Digital Assets," aimed at fostering the development of the local cryptocurrency industry. The party's policy chief, Kim Sang-hoon, stated that South Korea needs to end the "era of uncertainty and regulation" and usher in a new era of digital asset promotion. He pointed out that excessive regulation has prevented foreign capital from entering the South Korean virtual asset market, and domestic capital is also fleeing. Meanwhile, the Financial Services Commission (FSC) of South Korea is relaxing strict regulations on cryptocurrencies, including gradually lifting the ban on institutional investors investing in cryptocurrencies and considering allowing foreign investors to enter the local market. Details of the bill will be announced next Monday.