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Bonk.fun’s April Fools Joke Targets Israel, Sparks Debate

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Solana’s meme coin launchpad, Bonk.fun, used April Fools’ Day to post a mock “feature launch” that quickly turned into a political jab, suggesting the platform would restrict access to users in Israel. 

The post, framed as a new “Trench Guard” system, showed a geo-block screen with an Israel flag, implying users from the region would be blocked from trading.

Political Satire at Best

At face value, it looked like a typical compliance update. However, the tone and timing made it clear this was satire. The message wasn’t about a real feature. It was a pointed joke tied to current geopolitical tensions and how they spill into crypto.

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The choice of Israel is doing most of the work here. Right now, Israel sits at the center of ongoing conflicts involving Gaza, Lebanon, and Iran. That has driven strong and often negative sentiment online. Bonk.fun taps into that mood and flips the usual script.

Typically, platforms block heavily sanctioned regions like Iran and Russia. Bonk.fun’s joke suggests: what if the “bad actor” label was applied differently? That’s the punchline.

The post is riffing on the idea that they’re blocking Israel because of how negatively Israel is being viewed by a lot of people online right now.

At the same time, the post takes a swipe at crypto’s “permissionless” narrative. In reality, many platforms already restrict users based on geography or regulation. 

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By exaggerating this with a controversial example, Bonk.fun highlights how political these decisions can feel.

In short, the post isn’t really about Israel alone. It’s using Israel as a symbol to mock how quickly crypto platforms can go from open access to selective control—especially when global politics gets involved.

The post Bonk.fun’s April Fools Joke Targets Israel, Sparks Debate appeared first on BeInCrypto.

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Paradigm Targets Pro Traders and Market Makers in Latest Prediction Markets Push

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Venture capital firm Paradigm is reportedly developing a prediction markets trading terminal aimed at professional traders and market makers, according to Fortune.

Paradigm partner Arjun Balaji is spearheading the effort, which sources say has been underway since the late 2025.

The venture capital firm has been one of the most active backers of Kalshi, a leading prediction market platform. The firm participated in three successive funding rounds for Kalshi in 2025. 

The prediction market platform recently raised more than $1 billion in a new round, pushing its valuation to $22 billion.

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“Matt Huang, the venture firm’s cofounder and managing partner, is on the startup’s board of directors. Paradigm’s development of a prediction markets trading terminal isn’t competitive with Kalshi’s platform, said a source,” the report read.

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Beyond the terminal, sources suggest that Paradigm has considered establishing an internal market-making desk. A separate source said the firm has also engaged researchers to explore the feasibility of creating prediction market indexes.

Meanwhile, Paradigm has started to collect prediction market data into a public dashboard. 

A Sector Gaining Institutional and Retail Momentum

Paradigm’s infrastructure push arrives at a time of rapid growth. Prediction market transactions surpassed a record high of 207 million in March, according to Dune data

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Monthly notional volume reached roughly $25.7 billion, up from $1.2 billion in early 2025. Meanwhile, major exchanges are also moving into the space. Binance is beta-testing an in-app prediction market feature inside its Wallet app.

Coinbase unveiled its prediction market offering through a partnership with Kalshi in January. Moreover, Crypto.com launched a standalone platform called OG.

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The post Paradigm Targets Pro Traders and Market Makers in Latest Prediction Markets Push appeared first on BeInCrypto.

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Trump Threatens to Hit Iran Extremely Hard in the Coming Weeks

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Trump Threatens to Hit Iran Extremely Hard in the Coming Weeks

Crude oil rose to over $100 a barrel while Bitcoin fell 2% after a national address by US President Donald Trump on the conflict in Iran, where he vowed to hit Iran “extremely hard” over the next few weeks. 

Speaking at the White House on Wednesday during an address to the nation, Trump said the US military is “very close” to finishing “Operation Epic Fury,” claiming to have wiped out Iran’s nuclear and naval capabilities while also significantly hampering its drones, missiles and weapon factories.

“I can say tonight that we are on track to complete all of America’s military objectives shortly. Very shortly, we are going to hit them extremely hard over the next 2 to 3 weeks.”

Stocks, crude oil, and crypto prices have been impacted by conflict in the Middle East over the last few months. Oil prices eased on Tuesday after Trump said the war would be wrapping up in the next few weeks, though his latest speech has seen it rise again. 

At the time of writing, the price of crude oil has spiked back above $100 per barrel to $103.59. Meanwhile, Bitcoin dipped by around 1% over the course of the speech and has since fallen further to $66,904, down 2% since the start of the speech.

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However, Trump also said discussions are ongoing. Both sides have made key demands for ending the conflict, with the US pushing for Iran to dismantle its nuclear programs, open up commercial shipping channels and stop regional support for proxy groups.

Iran wants a permanent end to the war, compensation for damages and an end to US military presence in the region, among other demands.

“The new group is less radical and much more reasonable. Yet, if during this period of time no deal is made, we have our eyes on key targets.”

Source: The White House

Trump says oil blockade will end soon

Conflict in the Middle East intensified in February after the US and Israel launched strikes against Iran. This ultimately saw Iran respond by leading a blockade of the Strait of Hormuz in a bid to cut oil supply on one of the world’s busiest shipping channels.

Related: Who is Kevin Warsh? Trump’s Fed pick wants ‘regime change’ at central bank

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The president claimed that the stock market will pick back up soon as the conflict begins to wind down, while gas prices will drop as he argued that Iran will remove the blockade “naturally” so that it can start rebuilding the economy.

“And in any event, when this conflict is over, the strait will open up naturally. It’ll just open up naturally. They’re going to want to be able to sell oil because that’s all they have to try and rebuild. It will resume flowing and the gas prices will rapidly come back down. Stock prices will rapidly go back up,” he said.

Magazine: A newbie’s guide to surviving crypto winter