Wu's Daily Selected Crypto News - USA April 2026 Non-farm payrolls increase by 115k, unemployment rate remains at 4.3%

1. In April 2026, the number of non-farm jobs in the United States increased by 115k, with the unemployment rate remaining at 4.3%.

In April 2026, the number of non-farm jobs in the United States increased by 115k, higher than the market expectation of 62k; the March job gains were revised up to 185k. The new jobs mainly came from healthcare, transportation and warehousing, and retail industries, while federal government employment continued to decline. Data shows that although the U.S. labor market is cooling down, it remains resilient overall. The unemployment rate in April 2026 stayed at 4.3%, in line with market expectations. However, the number of unemployed increased by 134k to 7.37 million, and total employment decreased by 226k to 162.62 million.

2. Hong Kong Securities and Futures Commission: StableStock and HabitTrade have been listed on the warning list of unlicensed investment service platforms

The Hong Kong Securities and Futures Commission (SFC) issued a warning stating that StableStock and HabitTrade have been listed on the warning list of unlicensed investment service platforms. The SFC pointed out that online videos have induced the public to use StableStock, claiming that virtual currencies can be used to subscribe to Hong Kong stock IPOs, and that StableStock claims to cooperate with HabitTrade, but neither organization has obtained a license from the Hong Kong SFC and is not authorized to promote related services to the Hong Kong public. StableStock completed seed round funding in 2025 led by YZi Labs and MPCi, focusing on using stablecoins like USDT and USDC to directly participate in Hong Kong stock IPO subscriptions and Hong Kong-US stock trading. Under Hong Kong’s current regulatory framework, securities services involving Hong Kong stock trading and IPO subscriptions generally require relevant licenses from the Hong Kong SFC.

3. Coinbase exchange experienced over 7 hours of downtime today

Coinbase experienced a major service outage today caused by temperature anomalies in the AWS US-EAST-1 region availability zone use1-az4, lasting about 7 hours. During this period, some users were unable to trade or experienced performance degradation. Coinbase temporarily switched the market to “Cancel Only” mode. Coinbase stated that user funds are safe and later confirmed that all markets on Coinbase Exchange have resumed normal trading.

4. Tether froze approximately $515 million on Ethereum and Tron in the past 30 days

According to on-chain statistics from BlockSec USDT Freeze Tracker, as of May 7, 2026, Tether has blacklisted a total of 371 addresses on Ethereum and Tron in the past 30 days, including 329 on Tron and 42 on Ethereum, involving frozen funds worth about $515 million (Tron $506 million, Ethereum $8.73 million).

5. Coinbase’s Q1 revenue down 31% year-over-year, turning to a net loss of $394 million

Coinbase’s revenue in Q1 2026 decreased by 31% year-over-year to $1.41 billion, a larger decline than market expectations, after a 20% drop in the previous quarter. Affected by falling cryptocurrency prices and reduced trading activity, the company recorded a net loss of approximately $394 million, compared to a net profit of $66 million in the same period last year. Coinbase previously announced layoffs of about 14%, involving roughly 700 positions, and plans to further focus on AI-related businesses and streamline management layers, with estimated restructuring costs of up to $60 million. The report also mentioned that Morgan Stanley has launched low-fee crypto trading services on the E*TRADE platform, which may further intensify industry competition.