Tether reported record excess reserves of $8.23 billion in Q1 2026, according to its latest attestation prepared by BDO. The company generated $1.04 billion in net profit despite volatile market conditions, while total USDT-related liabilities stood at $183 billion. Tether also held around $141 billion in direct and indirect U.S. Treasury exposure, making it the …
Brazil’s central bank has issued Resolution BCB No. 561, updating rules for international payment services (eFX) and officially banning crypto assets for cross-border transfers. All international payments must now be processed through foreign exchange operations or regulated accounts. This matters because it increases regulatory control and limits the use of crypto in global transactions, impacting …
TON has significantly reduced its transaction fees after a validator decision, making transfers much cheaper across the network. Basic TON payments now cost a fraction of a cent, while USDT transfers have also dropped sharply, with prices staying stable even during high activity. The change is part of Telegram’s broader plan to build a faster …
Bitmine Immersion Technologies, led by Tom Lee, has added roughly $508 million in Ethereum to its staking operations, according to on-chain data from Arkham Intelligence. The firm now has more than 4 million ETH staked, valued at nearly $9.3 billion, representing about 10.5% of the network’s total staked supply. This aggressive strategy locks up large …
Arbitrum DAO is voting to release 30,766 ETH (around $70M) previously frozen after the KelpDAO hack. The funds were secured by the Security Council and now require community approval to be redeployed. If the proposal passes, the ETH will be sent to DeFi United, a joint recovery initiative working to restore rsETH backing. The vote …
Two Democratic senators, Elizabeth Warren and Ron Wyden, have launched an inquiry into Commerce Secretary Howard Lutnick over alleged financial ties between Tether and a trust linked to his children. Lawmakers are seeking loan documents to examine possible conflicts of interest and whether policy decisions could be influenced. The probe matters because it could affect …
SBI Holdings is in advanced discussions to acquire Bitbank as part of a broader strategy to dominate Japan’s digital asset sector. The deal would involve purchasing shares after due diligence and regulatory approvals, though key terms remain undisclosed. This follows SBI’s recent integration of other crypto platforms, signaling aggressive industry consolidation. Bitbank, which had been …
The White House is opposing Anthropic’s plan to expand access to its Mythos AI model to around 70 more companies, citing national security and misuse risks. Currently, Mythos is limited to select partners like Amazon, Apple, Google, Microsoft, and NVIDIA. Officials warned the model could exploit vulnerabilities in critical infrastructure such as power plants, hospitals, …
Bitcoin posted its strongest monthly gain of 2026 in April, rising 12% after rebounding sharply from lows near $60,000. Despite being down 25% year-to-date, the recovery signals renewed investor confidence as traders watch key technical patterns like the bullish “morning star.” Analysts remain divided, with some expecting a push toward $80,000, while others warn of …
Canada’s Alberta Investment Management Corporation (AIMCo), a $142 billion sovereign wealth fund, has disclosed a $219 million investment in MicroStrategy by purchasing 1.38 million shares. This marks its first exposure to Bitcoin-linked treasury assets through the company known for holding large Bitcoin reserves. The move highlights growing institutional interest in indirect Bitcoin exposure via public …
An early Shiba Inu investor who bought 103.33 trillion SHIB for just $13,760 has continued to take profits, recently selling another 800 billion tokens worth about $4.9 million. Over time, the wallet has offloaded trillions of SHIB while still holding around 99.27 trillion tokens valued at roughly $625 million. Total realized gains have now crossed …
Wasabi Protocol has suffered a multi-chain exploit leading to losses of over $5 million across Ethereum, Base, Berachain, and Blast. Reports indicate the attacker used the deployer wallet to grant ADMIN_ROLE to a malicious helper contract, which then performed a UUPS upgrade of perp vaults and the LongPool. This upgrade replaced core logic with a …
South Korea’s largest crypto exchange, Upbit, has announced the listing of MegaETH (MEGA) with trading pairs MEGA/KRW, MEGA/BTC, and MEGA/USDT. MegaETH is an EVM-compatible Layer 2 network designed for real-time performance, claiming over 100,000 transactions per second with near-instant latency. The MEGA token is used for governance, staking, and gas fees. The listing aims to …
Bybit CEO Ben Zhou said the exchange has been removed from the Securities Commission Malaysia’s Investor Alert List after constructive engagement and full alignment with local regulatory requirements. The development follows earlier enforcement actions but reflects improved compliance and cooperation with authorities. Zhou also highlighted Bybit’s investment in Malaysia-based licensed platform Hata, signaling a focus …
South Korea’s largest credit card issuer, Shinhan Card, has signed a strategic MOU with the Solana Foundation to test stablecoin payments on Solana’s testnet. The project focuses on real-world customer and merchant transactions to evaluate speed, scalability, security, and user experience. Building on earlier successful trials, the initiative explores instant settlements, lower fees, and non-custodial …
Ripple is strengthening its Middle East strategy by expanding its regional headquarters in Dubai’s DIFC, a key global financial hub known for its strong regulatory framework and growing fintech ecosystem. The move builds on Ripple’s early entry in 2020 and follows regulatory approval from the DFSA, positioning it as a licensed blockchain payments provider in …
Stripe has upgraded its Treasury platform at Stripe Sessions, enabling businesses to hold and manage funds in multiple currencies and stablecoins. The update also allows instant, free transfers between US businesses on Stripe and global payouts to 160 countries using email addresses. Businesses gain access to Stripe cards with cashback rewards, AI-powered integrations via Stripe …
Tether led a $14 million funding round for Belo, a payments platform using crypto rails and stablecoins for faster, cheaper transactions. Belo helps users protect savings from inflation and weak local currencies, a major issue across Latin America. The funding is important as stablecoin adoption continues rising in the region. Next, Belo plans to expand …
According to Arkham, Bhutan is continuing its Bitcoin sell-off, recently moving another 100 BTC worth $7.83 million from its holding wallets. Since the start of 2026, the country has sold nearly $206.98 million in Bitcoin and now holds only $263 million worth of BTC. This matters because Bhutan was known for state-backed Bitcoin mining and …
Bullish has expanded its partnership with Ripple to offer institutional users of Ripple Prime direct access to Bullish’s regulated Bitcoin options market, the second-largest by open interest for crypto-settled BTC options. This allows clients to trade options using stablecoins like RLUSD without extra KYC through existing sub-accounts. It matters because institutional demand for crypto derivatives …
On April 28, Bitcoin spot ETFs recorded net outflows of $89.68 million, signaling a pause after recent inflow momentum. BlackRock’s IBIT led the decline with $112 million withdrawn, highlighting institutional repositioning. Ethereum spot ETFs also faced selling pressure, posting $21.80 million in outflows, led by $13.17 million from BlackRock’s ETHA. The synchronized outflows across both …
Markets are focused on Wednesday’s FOMC meeting, which could be one of Jerome Powell’s final appearances before his term ends on May 15. The Fed is widely expected to hold rates steady at 3.50%–3.75%, marking a third straight pause. Investors are also watching potential successor Kevin Warsh, whose confirmation process is underway. The outcome matters …
Not officially — but it could be one of Jerome Powell’s final major FOMC appearances before his current term is set to end on May 15. Speculation is rising as reports link Kevin Warsh to a possible replacement role. Markets are reacting because Warsh is considered more supportive of interest rate cuts, while ongoing inflation …
Syndicate confirmed that its Commons bridge was compromised, allowing an attacker to steal around 18.5 million SYND tokens and sell them for an estimated $330,000–$400,000 before bridging funds to Ethereum. Following the exploit, SYND plunged roughly 35% as panic selling hit the market. The incident matters because it highlights ongoing security risks surrounding cross-chain bridges …
XRP Ledger is showing strong network activity, processing roughly 2.4 million transactions over the past 24 hours with ledgers closing every 3.9 seconds. Real-world asset adoption is also expanding, with projects like Ondo Finance contributing over $323 million on-chain alongside platforms such as Doppler and OpenEden. Stablecoin liquidity on the XRPL has climbed to around …
Solana spotlighted Pudgy Penguins in an official social media post, triggering a wave of community engagement featuring penguin-themed memes, videos, and Solana-branded artwork. Originally launched as an Ethereum NFT collection in 2021, Pudgy Penguins has expanded into toys, games, and the PENGU token on Solana, which currently holds a market cap near $630 million. The …
Pump.Fun (PUMP) price is up today as it announced the burn of all previously bought-back PUMP tokens, removing nearly 36% of the circulating supply worth around $370 million. The project also confirmed that 50% of future revenue will continue funding token buybacks and scheduled burns, while the remaining revenue will support ecosystem development. The move …
Bitcoin is bouncing higher as traders position ahead of major U.S. economic events, including today’s FOMC meeting and tomorrow’s GDP data release. Markets often turn volatile before high-impact announcements, but Bitcoin’s strong rebound and formation of higher lows and higher highs on lower timeframes suggest bullish momentum remains intact. The move matters because improving market …
U.S. District Judge Lewis Kaplan has denied Sam Bankman-Fried’s request for a new trial, calling the claims and newly presented evidence baseless. SBF argued the material proved FTX was solvent, but the court questioned both the credibility and relevance of the evidence. The decision matters because it strengthens the prosecution’s case and keeps SBF’s conviction …
Pi Network ($PI) climbed around 6% to nearly $0.194 despite broader crypto market weakness, driven by strong optimism following the successful Protocol 22 upgrade and growing anticipation for the upcoming Protocol 23 launch in May. Investors expect Protocol 23 to introduce full smart contract functionality and expand Pi’s DeFi utility, potentially boosting long-term network adoption. …