Today's Crypto Pulse
Bitcoin slides below $70k as energy‑price worries spark $1.8B in liquidations
Bitcoin fell under $70,000 amid heightened energy‑price uncertainty linked to U.S.–Iran tensions. The dip triggered roughly $1.8 billion in crypto liquidations, while institutional investors pulled more than $4.2 billion from digital‑asset positions.
Also developing:
By the numbers: Strive acquires 2,500 Bitcoin for $185.2M
Managing Assets in an Uncertain World: Opening Remarks
In opening remarks at the Managing Assets in an Uncertain World event, ISDA CEO Scott O’Malia highlighted the accelerating shift toward digital assets and tokenization within derivatives markets. He noted that tokenized collateral can cut settlement friction and expand usable assets, a trend already validated by CFTC guidance and a Nasdaq‑ValueExchange survey. ISDA is also concentrating on capital and margin efficiency, especially as U.S. Treasury clearing requirements loom, advocating for cross‑product netting to mitigate cost impacts. The organization is publishing legal definitions and guidance to ensure a robust framework for digital‑asset derivatives.
DeFi United Outlines Technical Path To Make Kelp's rsETH Whole
DeFi United, a coalition of DeFi projects, released a technical plan to restore the backing of Kelp DAO’s rsETH after a bridge exploit that siphoned 116,500 rsETH. The group has secured ETH commitments, including a 10,000 ETH (~$18 million) pledge from LayerZero...
Stablecoin BaaS Replaces Traditional Banking Stack
🚨 JUST IN: Former PayPal CEO David Marcus just unveiled a stablecoin banking product for businesses and AI agents. Stablecoin balances. Yield. Payments. Cards. All chain-native, all behind an API. This is Banking-as-a-Service but onchain. --- Banking-as-a-Service is getting rebuilt on stablecoin rails. The...
Texas Man Who Ran Cryptocurrency Scam Supposedly Backed by Blue-Chip Art Worth $1bn Sentenced to 23 Years in Prison
Robert Dunlap, a Texas entrepreneur, orchestrated a five‑year cryptocurrency fraud that promised investors a token called “Meta‑1 Coin” allegedly backed by $1 billion in fine art and $44 billion in gold. The scheme attracted nearly 1,000 victims and siphoned more than $20 million, wiping...
Financial Trade Group Creates Stablecoin Certificate for Treasury
The Association for Financial Professionals (AFP) has partnered with treasury‑software firm Kyriba to introduce a four‑module stablecoin certificate, launching in June 2026. The program aims to equip corporate treasurers, CFOs and other finance leaders with practical guidance on stablecoin risks,...
To Lead or Not to Lead: Banks Can't Take Payments Dominance for Granted
Banks risk ceding their historic payments dominance unless they proactively shape the on‑chain finance transition. While stablecoin transaction volumes are frequently inflated, banks have only modestly progressed beyond tokenized‑deposit pilots, with just one institution offering a live stablecoin service. Regulatory...
From $60M Hack to Safer Ethereum: Lessons Learned
Ten years ago, I typed out a warning in real time in Google docs while hundreds of anonymous wombats and chupacabras watched over my shoulder. Three weeks later a hacker drained $60M, 15% of all ether was at risk, and...
California Scamster Takes Financial Advisor’s Name in Spoofing Rip Off
California regulators warned that a fraudster impersonated veteran advisor Douglas Boneparth on WhatsApp and Telegram, luring victims to open cryptocurrency accounts on Uphold and Equator. The scheme exploited the growing reliance on unmonitored messaging apps for wealth‑management communications. Advisors stress...
Developers of Telegram's Crypto Wallet Launch Agentic Wallets
The Open Platform’s infrastructure arm, TON Tech, launched Agentic Wallets on the TON blockchain, an open‑source, non‑custodial standard that lets AI agents hold and spend funds autonomously. Users create a dedicated wallet per agent, set a spending budget, and can...
Quip.Network Shields 34% of Bitcoin From Quantum Attacks Now
Quip.Network has deployed post‑quantum Bitcoin wallets that now shield roughly 34% of all BTC from future quantum attacks. The solution leverages Arch Network’s Bitcoin‑native smart‑contract layer, embedding quantum‑safe keys on‑chain without altering Bitcoin’s core code or requiring a contentious soft...
Silence Laboratories Launches First Quantum-Safe Vault for Assets
Silence Laboratories has unveiled a commercial digital‑asset vault built to resist future quantum‑computer attacks. The solution combines the NIST‑approved post‑quantum ML‑DSA signature scheme with the firm’s existing multi‑party computation (MPC) custody framework. By running key‑share operations inside Google Cloud Confidential...
Ostium Launches Institutional Hedging Layer
Ostium Labs unveiled a decentralized execution layer that routes net directional flow from its Arbitrum‑based real‑world asset perpetuals protocol to institutional hedging partners such as Jump and prime brokers. The redesign transforms the public liquidity pool into an intraday lending...
Kyriba Brings USDC Digital Dollars Into Corporate Treasury
Kyriba is one of the largest and most important players in managing and automating corporate treasury infrastructure for several thousand companies including many of the Fortune 100. Their integration of USDC and Circle infra into their platform unlocks digital dollars for...
California AG Bonta Has Everything He Needs to Open a Criminal Investigation Into Musk and DOGE. Today I’m Submitting a...
A Substack author has submitted a prosecution investigation referral memorandum to California Attorney General Rob Bonta, demanding a criminal probe into Elon Musk’s DOGE for alleged unauthorized transfer of Social Security Administration data and voter‑fraud related activities. The demand cites...
Canaan, Tether Deepen Partnership on Immersion-Cooled Mining Systems
Canaan announced an additional order from stablecoin issuer Tether for high‑density, immersion‑cooled Bitcoin mining modules destined for a South American facility. The deal expands a prior R&D collaboration and includes an option for further purchases, giving Tether flexibility to scale...
World Cup Fever: Chiliz Expands to Solana and Base to Supercharge Fan Token Trading
Chiliz, the sports‑focused blockchain, announced that its roster of more than 70 fan tokens will now be available on Solana and Base, the Coinbase‑backed Ethereum layer‑2. The move leverages an Omnichain Fungible Token (OFT) standard that keeps a single, unified...
Bitcoin's Base Case: $10,000 by 2026
I sat down with Mike McGlone, Bloomberg Intelligence Senior Commodity Strategist and one of the most bearish voices on Wall Street right now. @mikemcglone11 told me the crypto crash has only just begun. And Bitcoin at $10,000 is not a worst...
Kaiko Aims to Enable New Generation of Onchain Products
Kaiko, the Paris‑based crypto data provider, announced its membership in ISDA and highlighted its role in tokenizing the iBoxx U.S. Treasuries Index with S&P Dow Jones. The tokenized benchmark delivers programmable, permissioned data, licensing and fee management on blockchain, paving...
Polymarket Reportedly Seeking CFTC Approval to Reopen Main Exchange to U.S. Traders
Polymarket is petitioning the Commodity Futures Trading Commission to lift the ban on U.S. traders from its main, offshore prediction‑market platform, a restriction imposed after a 2022 settlement. The CFTC must vote on the request, a process that could be...
Republic, Bitget Offer Pre-IPO Shares to Non US Investors
Republic International Cayman and Singapore‑based crypto exchange BitGet have launched IPO Prime, a service that tokenizes pre‑IPO equity for non‑US investors. The first product, preSPAX, mirrors the economic performance of SpaceX shares using Solana‑based digital assets. BitGet will also host a...
Recent Exploits Expose Infrastructure Gap Before Trillion‑Dollar On‑Chain Adoption
3 bridge incidents in 3 weeks sounds bad but i think the harder read is this, we have been asking the biggest institutions in the world to come onchain and trust us with trillions. How can we expect that while...
Bitcoin Price Hits One-Week Low as $100 Oil Sparks Fresh Asia Crisis Fears
Bitcoin slipped below $76,000 on Tuesday as WTI crude surged past $100 per barrel amid renewed Strait of Hormuz tensions. President Trump’s ambiguous comments kept markets jittery, prompting a risk‑off shift that hit both equities and crypto. The dip erased...
CFTC Deploys AI to Streamline Crypto Registrations and Boost Market Surveillance
The Commodity Futures Trading Commission announced a rollout of artificial‑intelligence systems to automate crypto registration reviews and enhance trade surveillance. Chairman Mike Selig says the tools will help the agency maintain oversight despite a workforce reduction of more than one‑fifth.
Tether Collaborates on Bitcoin Mining with Canaan, ACME Swisstech
Tether announced a partnership with chipmaker Canaan and mining services firm ACME Swisstech to launch a modular Bitcoin mining infrastructure. The collaboration introduces the Mining Development Kit (MDK), an open‑source framework that lets operators tune compute, cooling and upgrades independently....
BitMart X EAT Trade-to-Feed Competition to Pay Out $4.4m USDT to Traders in May 2026
BitMart has launched a 30‑day Trade‑to‑Feed competition to celebrate its eighth anniversary and the debut listing of EAT, the first cause‑coin on a major centralized exchange. The contest runs from April 28 to May 28, 2026, and will distribute up...
A Crypto Coalition Releases Technical Proposal to Save Aave Users From a Massive Token Exploit
DeFi United, a coalition of blockchain projects, unveiled a technical proposal to repair the rsETH backing after the Kelp DAO exploit that released 116,500 unbacked tokens. The plan commits enough ETH to fully re‑collateralize rsETH and outlines a controlled unwind...
Bitcoin Price Drops Below $76K as Onchain Data Sends Mixed Signals
Bitcoin slipped below $76,000 on Tuesday, failing to breach the $80,000 psychological barrier as geopolitical tension around the Strait of Hormuz and lingering macro uncertainty rattled traders. The cryptocurrency is now confined to a narrow range, with strong technical support...
Every Blockchain Transaction Is a Gift to Your Competition
The article warns that AI‑driven agents can scrape public blockchain transactions, satellite imagery, filings and other open data to reconstruct a rival’s operational playbook. Because public blockchains lack native privacy, every on‑chain procurement or payment reveals granular details such as...
Ondo Partners with Broadridge to Bring Shareholder Voting to Tokenized Stocks
Ondo Finance announced a partnership with Broadridge Financial Solutions to enable on‑chain proxy voting for more than 250 tokenized U.S. stocks and ETFs. The collaboration integrates wallet authentication into Broadridge’s ProxyVote platform, allowing token holders to cast votes and access...
Galaxy Digital Posts $216M Q1 Loss as Crypto Market Slides 20%
Galaxy Digital reported a $216 million loss for Q1 2026, or $0.49 per diluted share, an improvement from the $0.86 loss a year earlier. Gross revenue held steady at $10.2 billion, matching the prior quarter and only modestly down from a year...
Crypto Markets Shed $40 Billion in De-Risking Ahead of Powell’s Final FOMC Decision
Crypto prices fell sharply on Tuesday as traders trimmed exposure ahead of Federal Reserve Chair Jerome Powell’s final FOMC meeting. Bitcoin slipped below $76,000, dragging the total crypto market cap down 1.8% to $2.62 trillion and erasing roughly $40 billion in value...
Crypto Projects Shut Down as Token Models Fail Under Pressure
A wave of crypto project shutdowns is accelerating as token‑based funding models falter. Dmail, a decentralized email service, announced closure after its token market cap slipped below $1 million and fundraising failed. Other victims include DAO tooling platform Tally, finance dashboard...
In Profile: John O’Connor CEO, RealFi
RealFi, led by CEO John O’Connor, is building USDr, a yield‑bearing stablecoin that derives returns from real‑world credit and fixed‑income assets rather than volatile crypto markets. The firm has spent the past year forging credit‑origination partnerships, refining a diversified risk...
BTC Pullback Bullish Now, Bearish Shift Ahead
📊 BTCUSD – Daily Forecast ✈️ 🔎 Market Structure: • Main structure is bearish 📉 • Current move is a bullish pullback 🔄 🎯 Scenario 1 (Short-Term): 👉 Market is in H4 bullish structure ➡️ Can continue buy move towards Bearish OB 🪙 🎯 Scenario 2 (Main...
TerraHex Rebrand Signals Nigeria’s 18MW Bitcoin-AI Compute Push
TerraHex Digital Assets Corp, formerly Terrahash, announced a rebrand that underscores its expansion into Nigeria’s digital‑infrastructure market. The company has secured 18 MW of underutilised power to run both bitcoin mining and high‑performance AI compute workloads. Its Power‑for‑Equity model partners with...
Stablecoins: Always-On Money Needs Always-On Controls
Stablecoins now move money 24/7, turning payments into continuous financial infrastructure. Their adoption has expanded beyond trading to cross‑border settlements, treasury flows, and platform payouts, supporting roughly $4.2 trillion of economic activity in 2025. This round‑the‑clock operation exposes risks beyond private‑key...
Bitcoin's Pre‑FOMC Dip Normal; Stay Above $73K
Just a normal correction on the markets pre-FOMC, which is expectable for #Bitcoin. It almost always happens prior to the event, as there's still a lot of fear for FED policies from the markets. I do think that this correction ends prior...
Beware Ultra‑Realistic Crypto Scam That Hijacks Funds
Highly sophisticated scam will leave you questioning what's real while hackers steal your crypto. https://t.co/KGfrA1NJnx
Token‑burn Bragging Is the New Vanity Metric
Founders bragging about how many tokens they burn is just a new vanity metric. Like eyeballs back in 2000 👀
Speculation, Not Payments, Fuels Bitcoin Adoption—Educate Newcomers
Payments do not drive Bitcoin adoption, speculation does. This is undeniable. Just look at growth during the 2013, 2017, 2021, and 2025. Our job as educators is to take the wave of speculators and educate them about sound...
Bear Markets Fuel Drama; Push for Universal Crypto Access
The amount of drama around Bitcoin this week really shows that bear markets play on people's emotions We should be coming together to advocate for the removal of the accredited investor law and work with the CFTC & SEC towards...
Crypto Signals Surge: White House, Draper, Trump, ETFs
Crypto things you might have missed: -White House: Major $BTC announcement soon -@ki_young_ju: BTC is currently futures-driven. -Tim Draper: It's irresponsible to not hold BTC -Trump advisor: Clarity Act passes = "rocket ship" mode -T. Rowe Price to launch $XRP & altcoin ETF
Superstate Targets $7.5T Valuation with Blockchain Colony
JUST IN: Superstate aims at $7.5 trillion valuation, a million-person blockchain colony and tokenized data centers
Trumps' Premature Memecoin Push Harms Crypto Retail
This is not good. I wish the Trumps waited for crypto market structure before doing memecoins and most other crypto businesses. We know MSM is trash but it doesn’t help Bitcoin and Crypto retail and that’s what this is all...
Polygon's Weekly Transactions Dwarf Ethereum, Rival Base
Last 7 days - transaction count: ▸ Polygon total: ~63 Million (Almost as much as Base and Ethereum Mainnet combined) ▸ Excluding Polymarket: ~39.4 Million (More than 2x Ethereum Mainnet) IYKYK credits : @growthepie_eth
Zcash Allocates $1M in Bug Bounties for Security
Zcash cybersecurity defenders never sleep. Zcash Community Grants Committee announces $1,000,000 worth of bug bounties: https://t.co/zk60sAFmlJ https://t.co/JgomZhw33E
Exposed Most Crypto Scams, Now Shunned for Truth
I exposed more scams than anyone in crypto and I’m persona non grata for telling the truth. The industry sucks and has for a while because few have any sort of ethical backbone or positive sum mindset.
Machi Big Brother Nears $900 Liquidation on BTC Long
Machi Big Brother is now just $900 away from getting liquidated on his $BTC long. https://t.co/s2Ft3b3qXB
Privacy's Top Trade‑offs: UX, Composability, Then What?
The most important trade-off to solve when it comes to privacy is UX. The second most important thing to solve is composability. What's the third?
Clear, Balanced Crypto Regulation Needed for US Growth
🚀 Patrick Witt, Executive Director, President's Council of Advisors for Digital Assets, said the US needs balanced, clear crypto regulation so the industry can grow and "take off like a rocket ship." https://t.co/bheWWRTkdJ