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According to a post by Injective on platform X, the mainnet upgrade proposal has been approved. This upgrade will optimize the overall network's technical performance, enhance on-chain module functionality, and advance the $INJ token buyback mechanism. The upgrade is scheduled for implementation on April 28.

BlockBeats News, April 28th - As the Department of Justice concluded its investigation into Powell, Republican Senator Thom Tillis abandoned his obstruction of the confirmation process for Janet Yellen as Fed Chair. The Senate Banking Committee ultimately voted 13-11 to send Kevin Warsh's nomination for Fed Chair to the full Senate for a vote. According to the U.S. Senate Banking Committee's official website, the vote is scheduled to take place on April 29th at 10:00 a.m. Eastern Time. On the same day, the Federal Open Market Committee of the United States will announce its latest interest rate decision. Current Chair Powell will hold his 63rd, and possibly final, press conference after the meeting, marking the end of his eight-year tenure at the Fed. Powell's term as Fed Chair will expire on May 15th, but his term on the Board will continue until January 31, 2028. Whether Powell will also resign from the Fed Board has become a focus of the market.

On April 28, Marcel Thieliant, Head of Asia Economics at Capital Economics, stated that although the Bank of Japan kept interest rates unchanged, its outlook report leaned hawkish. Thieliant continues to hold his prediction that the BOJ will raise rates in June. He added that three members voted in favor of a rate hike, marking the largest dissent since the implementation of negative interest rate policy in 2016. While it was not surprising that hawkish members Takeda and Tamura voted against, it was notable that Nakagawa joined the dissenting camp for the first time.