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[News Brief] Apr 22, morning | The U.S. Federal Reserve (Fed) held its benchmark interest rate unchanged at 3.50%–3.75%

The U.S. Federal Reserve kept its benchmark interest rate unchanged at 3.50%–3.75% for the fourth consecutive meeting, in line with market expectations.

[News Brief] Apr 22, morning | The U.S. Federal Reserve (Fed) held its benchmark interest rate unchanged at 3.50%–3.75%

The U.S. Federal Reserve (Fed) held its benchmark interest rate unchanged at 3.50%–3.75%

According to Odaily, the Fed maintained its policy rate for the fourth consecutive time, and the decision was in line with market expectations.

BTC fell below 64,000 USDT

According to Odaily, based on OKX market data, BTC was trading at 63,968.2 USDT, down 2.72% over the past 24 hours.

U.S. spot Bitcoin ETFs recorded a total net outflow of $82.1637 million on June 17 Eastern Time

Odaily, citing SoSoValue data, reported that the largest outflow came from Ark Invest and 21Shares' ARKB, which saw $43.5306 million leave in a single day. ARKB’s cumulative net inflow stands at $1.197 billion.

Meanwhile, Fidelity’s FBTC recorded a net inflow of $14.0197 million, the largest inflow of the day. Morgan Stanley’s MSBT also saw a net inflow of $4.0727 million.

Total net assets of spot Bitcoin ETFs stood at $80.658 billion, accounting for 6.25% of Bitcoin’s total market capitalization. Cumulative net inflows were recorded at $53.488 billion.

Odaily, citing SoSoValue data, reported that U.S. spot Ethereum ETFs saw a total net outflow of $29.3743 million on June 17 Eastern Time

The largest outflow came from Grayscale Ethereum Mini Trust ETF ETH, which lost $9.8926 million in a single day. Its cumulative net inflow stands at $1.856 billion.

This was followed by BlackRock’s ETHA, which posted a net outflow of $8.9693 million. ETHA’s cumulative net inflow stands at $11.329 billion.

As of the time of reporting, total net assets of spot Ethereum ETFs were $9.576 billion, representing 4.54% of Ethereum’s total market capitalization. Cumulative net inflows were recorded at $11.189 billion.

SlowMist founder Yu Xian said on X that another suspected hack has been detected at Aztec

According to Yu Xian, a total of three suspicious exploits worth about $2.15 million occurred at the Aztec private rollup bridge address. The attacker is believed to have exploited the escape hatch mechanism of the Aztec RollupProcessor and a vulnerability in the processDepositsAndWithdrawals function to withdraw 1,158 ETH, 150,000 DAI, and 0.4696 renBTC.

The funds were primarily sent to the address 0x6952...E97F, with some ETH moved to other addresses. The attacker’s gas source was identified as unionchain.ai.

SlowMist said Little Boy Plus was attacked, resulting in a loss of about 377,642 USDT

According to SlowMist monitoring, the attack stemmed from a vulnerability in the _update function of the LBPHashrate contract. Because the function could be executed via a zero-value transferFrom call, it was possible to bypass OpenZeppelin authorization checks.

The attacker then executed _harvest without authorization and minted LBP tokens to the PancakePair address through LBP.mintReward. The attacker subsequently exploited the mismatch between the pool balance and reserves to drain USDT through a PancakePair swap.

Chicago Mercantile Exchange (CME) plans to sue over the U.S. Commodity Futures Trading Commission (CFTC)’s approval of crypto perpetual futures

According to CNBC, CME CEO Terry Duffy said the exchange would take legal action regarding the CFTC’s recent approval of Kalshi’s Bitcoin perpetual futures offering. Duffy argued that perpetual futures effectively constitute swaps under the Dodd-Frank Act.

The CFTC approved Kalshi’s Bitcoin perpetual futures offering in late May, after which Kalshi expanded the product to other cryptocurrencies. CME sees intensifying competition in the crypto derivatives market and disputes over regulatory interpretation as the backdrop to the lawsuit.

The U.S. state of Illinois has signed a bill imposing a 0.2% tax on digital asset transactions and services

According to Odaily, Illinois Governor J.B. Pritzker signed the Digital Asset Tax Act into law. The law imposes a 0.2% tax on the value of digital asset transactions or services provided to customers in Illinois, and it will take effect on January 1, 2027.

The tax applies to crypto service providers such as exchanges, custodians, and brokers. These firms will be required to collect and remit the tax in a manner similar to sales tax.

Industry groups including the Crypto Council for Innovation, the Digital Chamber, and the Illinois Blockchain Association strongly opposed the bill, saying it could become one of the strictest digital asset tax regimes in the United States.

Critics argue that the tax will increase the cost of using digital assets for Illinois residents and could drive crypto companies, developers, and related innovation activities out of the state.

Coinbase CEO said the Bitcoin and crypto market structure clarity bill will be brought to a full Senate vote and receive bipartisan support

Reported by @pete_rizzo, he said the bill is expected to be signed by President Trump soon. The legislation, which aims to clarify the regulatory framework for cryptocurrencies in the United States, is considered a major issue of interest for the industry.

According to Whale Alert, 1,470 BTC was transferred from an anonymous wallet to Kraken

The transfer was worth about $94.28 million. Large Bitcoin transfers to exchanges are closely watched by the market as potential signs of selling pressure.