Morgan Stanley is positioning itself as the reserve manager for the stablecoin industry
The Wall Street giant has announced a fund build specifically for stablecoin issuers. Here is what it does and means for the market. Source: CoinDesk
Morgan Stanley launches stablecoin offering through money market fund
Stablecoin issuers must invest a minimum of $10 million into Morgan Stanley’s money market fund, MSNXX, to access the stablecoin reserve offering. Source: Cointelegraph
Bitcoin ETFs just pulled $2 billion in 8 days while short-term holders quietly started selling
Spot bitcoin ETFs logged their first 8-day inflow streak since October, but on-chain profit-taking is already running at 3x the rate that has marked every local top this year. Source: CoinDesk
US vows to fight ‘industrial scale’ AI theft by Chinese firms
The White House’s office of technology policy said that foreign entities are using proxy accounts and jailbreaking techniques to distill capabilities from American AI models. Source: Cointelegraph
Jane Street asks US court to toss Terraform’s insider trading suit
Jane Street has filed to dismiss Terraform’s insider trading suit, arguing the reasons for Terra’s collapse have already been litigated. Source: Cointelegraph
Bitcoin rally is stalling as Japanese inflation adds to Iran war–driven market jitters
Crypto markets weaken amid rising Japan inflation, Iran war oil disruptions, and expectations of a hawkish Bank of Japan. Source: CoinDesk
Crypto protocols pledge 43K ETH to restore rsETH backing
Mantle, EtherFi Foundation, Golem Foundation, Lido DAO, Ethena, LayerZero, Ink Foundation and Tyrdo have all made pledges to the “DeFi United” recovery effort. Source: Cointelegraph
Wisconsin joins prediction market fight, suing Kalshi, Coinbase, Polymarket, Robinhood and Crypto.com
The state’s complaint highlights language used by prediction market platforms as language for gambling, not investing. Source: CoinDesk
US soldier charged over $400K Polymarket bet on Maduro’s capture
US prosecutors alleged that Gannon Ken Van Dyke asked Polymarket to delete his account after profiting from trades tied to the military operation in Venezuela. Source: Cointelegraph
Around the Horn Digest: Everything That Happened in AI Today (Thursday, April 23, 2026)
In the latest developments in artificial intelligence, significant advancements were reported across various sectors on April 23, 2026. Tech giants unveiled new AI models that enhance natural language processing and image recognition, promising to revolutionize user interaction. Meanwhile, regulatory discussions intensified as lawmakers grappled with ethical concerns surrounding AI deployment in sensitive areas like healthcare and law enforcement. Additionally, startups showcased innovative applications of AI in agriculture, aiming to boost productivity and sustainability. As AI technology continues to evolve rapidly, the balance between innovation and regulation remains a crucial focus for industry leaders and policymakers alike.