U.S. equities closed mixed, with the Dow Jones Industrial Average up 0.22%, while the S&P 500 slipped 0.52% and the Nasdaq Composite dropped 1.18%. Chipmakers led declines after reports said OpenAI missed its revenue and user targets, pressuring NVIDIA (NVDA.O), down 3.5%, and AMD (AMD.O), down 6%. The iShares Semiconductor ETF fell 4%. Oracle (ORCL.N) declined 5.9%.

BlockBeats reported on April 28 that the United Arab Emirates said it will withdraw from OPEC and the OPEC+ alliance effective May 1. Nordic Bank analyst Jan von Gerich said the UAE is looking to ramp up oil output, a shift he expects to weigh on prices. He added that once the Iran conflict ends, OPEC may no longer be able to steer oil prices the way it has in the past. Monica Malik, chief economist at Abu Dhabi Commercial Bank, said the decision positions the UAE to gain global market share as geopolitical tensions ease, and could ultimately support consumers and the wider global economy. (Jinshi)

Galaxy Digital reported a net loss of $216 million in the first quarter of 2026, citing a roughly 20% drop in digital asset prices as the main driver. Total assets were about $10 billion, including $2.8 billion of equity and $2.6 billion in cash and stablecoins. The company said its Helios data center in Texas has delivered its first data hall to CoreWeave, signaling a shift to revenue-generating operations. Data center revenue is expected to begin ramping in Q2 2026. Assets under management were approximately $5 billion.

Crypto derivatives exchange Liquid has closed an $18 million Series A financing, Fortune reported. The round was co-led by Neo and Left Lane Capital, with participation from Haun Ventures, K5 Global, SV Angel, AntiFund, and Sunflower Capital. The raise comes less than six months after Liquid's $7.6 million seed round led by Paradigm.

RT James Hunt — ICYMI: A quick roundup from today's Asia and EMEA sessions (@TheBlockCo). ZetaChain halted cross-chain mainnet transactions after detecting an attack on its GatewayEVM contract. A U.S. court sentenced a woman in Saipan to 71 months in prison for a bitcoin-related fraud scheme that targeted multiple victims. Japan's Bitbank rolled out a crypto-linked credit card that allows users to pay bills directly from their exchange balances. DeFi United, a coalition of DeFi ecosystem participants, released a technical roadmap to restore full backing for Kelp DAO's rsETH after the $292 million exploit. Jack Dorsey's Block reported holdings of 28,355 BTC, including customer assets, as of March 2026. Bitcoin fell back below $77,000 after U.S. spot bitcoin ETFs recorded $263 million in net outflows on Monday, snapping a nine-day inflow streak ahead of this week's FOMC meeting. The SEC is seeking public feedback on a proposed NYSE Arca rule change that could reshape how crypto commodity exchange-traded products are structured. Stablecoin payroll provider Toku is using Paxos Labs' Amplify to offer yield on paychecks.

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.

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

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.