Key Takeaways: Tether posted $1.04B profit in Q1 2026, with reserves hitting a record $8.23B. Tether holds $141B in U.S. Treasuries, reinforcing its role in global dollar liquidity. Tether expands into bitcoin ($7B) and gold ($20B) as audit process begins. Tether Boosts Treasury Holdings to $141B as Q1 Profit Tops $1B Milestone Tether Holdings reported…
Key Takeaways: Bitso’s 2025 report reveals that stablecoins like USDC drove nearly 40% of crypto purchases across Latam. Highlighting a shift to stability, USDC and USDT now comprise over 70% of all crypto bought in Argentina. Moving forward, Latam users will keep using stablecoins for payments while holding 52% of funds in BTC. Bitso Report…
Key Takeaways: Pharos launched its Pacific Ocean Mainnet and $PROS token on May 1, 2026, following a massive 4.3B testnet. GCL New Energy and a $44M Series A propelled Pharos to a $1B valuation, signaling huge RWA market demand. Over 50 dApps and a $10M RealFi Alliance incubator will now scale institutional asset issuance on…
Key Takeaways: Authorities detailed a global email fraud scheme using hacked accounts and deceptive payment requests. Losses totaled $215 million, routed through shell companies, banks, and cashier’s checks. Next steps include sentencing decisions based on each defendant’s role and conduct. Global Email Fraud Network Reached Thousands Of Victims The U.S. Department of Justice (DOJ) announced…
From Hyperliquid to Ripple, from Canada to Malaysia, here are the crypto news you may have missed this week. Market Analysis & Exchange Data Hyperliquid Tests HIP-4 for Onchain Prediction Markets Decentralized exchange Hyperliquid is making a major play for the prediction market space with its new HIP-4 initiative. Reported by Bloomberg, the proposal enables…
Key Takeaways: SBI and Visa launched credit cards that convert spending points into a user-selected cryptocurrency ( BTC, ETH, or XRP). Gold users can earn up to 10%, while standard users can receive up to 2.5% through a limited-time launch campaign. Campaign rewards depend on spending through Aug. 5, with point caps applied to both…
Key Takeaways: Trump declared U.S.-Iran hostilities “terminated” on May 1, bypassing the War Powers Resolution’s 60-day authorization deadline. Bitcoin climbed 2.52% near $79,000 earlier today, now at $78,311 per coin, as the Nasdaq hit a record above 25,000 on strong earnings and easing oil prices. Iran’s latest nuclear deal proposal, delivered via Pakistani mediators, was…
Key Takeaways: Bitcoin ETFs saw $14.76M inflows as Blackrock IBIT added $26.61M after a 3-day slump. Ether ETFs lost $23.64M, led by Blackrock ETHA’s $50.57M outflow in 4th straight drop. XRP and Solana ETFs lost $5.83M and $1.24M, respectively, with potential for inflows only returning if bitcoin rebound holds. Investors Trade $340M in Ether ETFs…
Key Takeaways: Bitcoin surged over $2,000 on May 1 to test $79,000 resistance after a 13% gain in April. Bitcoin’s jump triggered $120 million in short liquidations as market cap hit $1.57 trillion. Analysts warn that Federal Reserve policy shifts may trigger volatility in high-value assets. Geopolitical Friction After ending April with gains exceeding 13%,…
Key Takeaways: Bitgo introduced five security layers for institutional digital asset transactions. Controls address deepfakes, API spoofing, address manipulation, and withdrawal risks. Institutions can add approvals, address restrictions, and velocity limits. Bitgo Adds 5-Layer Security Model to Stop Crypto Transaction Manipulation Digital asset security is moving beyond private keys. Bitgo Holdings Inc. (NYSE: BTGO) announced…
