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South Korea-based cryptocurrency exchange Upbit has decided to list another digital asset. According to the exchange’s statement, the Spark ($SPK) token will be available for trading against the Korean won (KRW) starting April 23rd at 12:00 PM. The asset will be supported on the Ethereum network.

The warning issued to users emphasized the critical importance of correctly selecting the network before making deposits. It stated that transfers made outside the specified network would not be supported and the processing time might be lengthy. Furthermore, it was noted that transactions might not begin on the planned date if sufficient liquidity is not available.

Upbit will implement the standard restrictions it applies to new listings for the Capital Markets Board ($SPK) as well. Accordingly, buy orders will be restricted for the first five minutes after the opening of trading. During the same period, sell orders below 10% of the previous day’s closing price will not be allowed. In addition, only limit orders will be available for the first two hours.

The Capital Markets Board ($SPK) announced that the previous day’s closing price on the $BTC market was 0.00000049 $BTC, approximately 57 Korean won. Users were also reminded to carefully check their wallet addresses and contract information.

The Spark project aims to provide decentralized finance infrastructure within the Sky Protocol ecosystem. The platform offers services such as savings, lending, and liquidity distribution, while the $SPK token is used for governance and staking purposes. This listing is expected to expand Upbit’s product range and offer new opportunities to investors.

*This is not investment advice.

It’s no surprise that there’s a general pivot from blockchain to artificial intelligence right now.

Every week brings another report of a company or person either leaving the cryptocurrency industry entirely or adding artificial intelligence to their portfolios. Bitcoin miners are moving away from mining to increasingly focus on AI infrastructure and venture capital firms are funding AI firms rather than crypto companies.

But it’s unusual when the leading members of the same team leave one company and jump into another just down the road. That’s exactly what appears to have happened to the senior marketing team at crypto exchange Coinbase (COIN), which, over the course of a year or so, has landed at San Francisco-based OpenAI, the maker of ChatGPT. Coinbase maintains a 150,000-square-foot office in the city.

It’s worth noting that Coinbase employs a large number of marketing staff and six — albeit quite senior roles — make up only a small portion of the entire team.

The marketing talent migration began with Sarah Russell, who joined OpenAI as VP, integrated marketing and ops in November 2024. She had spent one year and three months as the senior director of integrated marketing at Coinbase, a position she left in January 2023. It’s worth noting that earlier in her career, she worked at Facebook’s (now Meta) Menlo Park headquarters.

A month later, Kate Rouch became OpenAI’s chief marketing officer. Directly prior to that, she spent three and a half years in the same role at Coinbase. Before that, she spent over 11 years as global head of brand and product marketing at Meta.

Rouch was followed by Elke Karstens, who joined OpenAI as head of international marketing in March 2025, though she didn’t move directly. Karstens spent three months at a London-based paytech startup called Finom. Karstens also spent over 10 years at Meta in various marketing roles.

The following September saw another two transitions: Kaitlin Gianetti became head of integrated marketing management at OpenAI a month after leaving Coinbase, and Amy (Good) Robbins joined as brand insights lead directly after leaving Coinbase. Gianetti had spent just over four years as director of integrated marketing at Coinbase. Prior to that, she also worked as a brand marketing executive at Meta. Robbins spent three and a half years as senior manager of insights at Coinbase.

Most recently, Nina Mogavero joined OpenAI in December 2025 to work in marketing strategy and operations, a month after leaving Coinbase where she’d spent three years in marketing and strategy.

A person familiar with the situation said the exodus was no coincidence. The person described Rouch as the “nexus,” when it comes to enticing former Coinbase colleagues to move over to OpenAI.

“To be fair, she hired a lot of them or brought them from Facebook,” they said. Kate Rouch did not respond to a request for comment.

A Coinbase spokesperson brushed away the departures. “The marketing team at Coinbase is over 150 people and while some folks have left to join OpenAI last year, and we wish them the best, characterizing this as anything other than normal people moves would be incorrect,” the spokesperson said via email.

OpenAI did not respond to requests for comment.

Marketing isn’t the only department that’s seen AI as more attractive than crypto. Earlier this month, Tom Duff Gordon, the former VP of international policy at Coinbase, left to become OpenAI’s head of EMEA Policy.

Other Coinbase alumni who have headed to OpenAI include

• Yi X, who joined the AI firm as product manager in April 2025
• The head of design at decentralized trading platform Base, Alexandra Fitzroy, left Coinbase in October 2025 after just over five years
• Abe Sprague left Coinbase in September 2024 to become a member of OpenAI’s data science team.

OpenAI isn’t the only machine learning shop to win over Coinbase marketing talent. Earlier this month, Sarah Wolf, the marketing lead behind Coinbase’s Base layer-2 network, left after nearly five years at the exchange to head startup marketing at AI lab Anthropic.

Cryptocurrency analytics company CryptoQuant pointed out a notable anomaly in its latest report on the TRON network. According to the analysis, despite the rise in the price of TRON ($TRX), there is a significant decrease in network activity.

According to data shared by the company, the $TRX price increased by nearly 20% from $0.278 to $0.333 in approximately 74 days, between February 7 and April 21, 2026. While this increase paints a positive picture at first glance, on-chain metrics point to a different story.

In particular, the “number of active addresses” data, which measures the network’s usage level, recorded a significant decline during the same period. According to the 7-day simple moving average (SMA-7), the number of active addresses on the TRON network decreased by 21.13%, falling from approximately 5.3 million to below 4.2 million.

CryptoQuant describes this divergence between price increase and decrease in network activity as a “bearish divergence.” Such signals typically indicate that price action is not based on strong fundamentals and that speculative buying may be influential.

According to the analysis, the decrease in user engagement suggests that the fundamental health of the TRON network may struggle to support current price levels. This is interpreted as indicating that the recent rally may be fragile and increases the risk of a potential correction.

*This is not investment advice.

Renowned investor Kevin O’Leary has made noteworthy new assessments regarding the cryptocurrency market. After experimenting with various digital assets for a long time, O’Leary argued that he has narrowed his investment strategy and now only two cryptocurrencies deserve a place in portfolios.

In an interview with Stuart Varney on the Varney & Co. program, the President of O’Leary Ventures stated that many tokens have lost their value proposition as institutional investors’ influence in the market increases. O’Leary, who previously invested in dozens of different altcoins, said he restructured his portfolio, particularly in the last year, due to changing regulatory expectations and institutional analysis.

The experienced investor, who has held positions in 27 different crypto assets in the past, argued that this approach is unsustainable, stating, “Now all you need to own is Bitcoin and Ethereum. These two assets account for 97 percent of the volatility of all other ‘junk’ coins in the market.”

O’Leary also noted that thousands of small-scale crypto projects disappeared following the market downturn last October. He stated that this reinforced his decision to exit these assets, saying, “Thousands of projects collapsed and didn’t come back. So why not focus only on these two strong assets?”

*This is not investment advice.

A 5% stake in AI coding startup Cursor that FTX’s bankruptcy estate sold for $200,000 in April 2023 would be worth about $3 billion today, following SpaceX’s agreement this week to acquire the company at a $60 billion valuation.

SpaceX said Monday it has the right to buy Cursor later this year for $60 billion or to pay $10 billion if the full acquisition does not proceed. The deal is founder Elon Musk’s move to close the gap with OpenAI and Anthropic on AI coding tools, an area where he recently said xAI, the Musk-run AI company that merged with SpaceX, is behind competitors.

SpaceX is holding off on immediate acquisition because of its planned initial public offering targeting a $2 trillion valuation, with the $10 billion serving as a breakup fee.

The crypto angle sits in the cap table. In April 2022, Alameda Research, the trading firm founded by Sam Bankman-Fried and run alongside FTX, invested $200,000 in Anysphere, the company that builds Cursor.

That investment bought roughly 5% of the company at a $4 million valuation. One year later FTX had collapsed, Alameda and FTX were in bankruptcy, and the court-appointed estate sold the Cursor stake for the same $200,000 Alameda had paid.

The stake is worth $3 billion at SpaceX’s $60 billion price tag, meaning the gap between what the FTX estate received and what the position would fetch today is roughly a 15,000x return. It was instead realized by whoever bought it from the bankruptcy rather than the creditors the estate was supposed to be maximizing recovery for.

The timing cuts awkwardly for FTX’s bankruptcy administration.

Bankman-Fried, currently serving a 25-year federal sentence, has spent the past year arguing from prison that FTX’s estate destroyed billions in value by liquidating assets too quickly during the bankruptcy, and that customers could have been made more than whole if the process had held positions instead of selling them into what turned out to be the bottom of crypto prices.

In February, he shared a projection suggesting FTX’s net asset value would have reached $78 billion if the estate had held assets through the subsequent recovery rather than selling in 2023 and 2024.

Cursor launched its AI coding product in early 2023, the same year the estate sold the stake, and the company’s trajectory from that launch to its current valuation three years later is among the steepest in software startup history.

FTX customers have since been made whole in dollar terms under the bankruptcy’s distribution plan, receiving back their claim values plus interest. What they did not receive is the upside from what those assets became between the bankruptcy filing and now, which in the case of the Cursor stake alone represents about $3 billion of forgone recovery against $200,000 realized.

Bankman-Fried’s parents have publicly advocated for a pardon, appearing on CNN in March arguing that FTX customers were ultimately repaid and that the case against their son should be revisited. The Cursor number is likely to feature prominently in the family’s continued campaign, and in Bankman-Fried’s own letters from prison, as the single clearest example of the kind of value he claims the estate destroyed through forced selling.