Bitcoin-Backed Debt Surges Among Wealthy
Xapo members increased bitcoin-backed loans by 8.9% in Q1 2026, with 53.9% shifting to long-term structures, as Gen X and Millennials control 76% of assets. #Update #Crypto $BTC
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Stablecoin Adoption Surges as Taxes Drop
Brazil delays 3.5% stablecoin tax amid backlash, boosting adoption as inflation impacts President Lula’s election bid against Flavio Bolsonaro. #Update #Crypto $USDT
Stablecoin Market Flags $320B Stability Concern
BIS General Manager Pablo Hernández de Cos warns that the $320 billion stablecoin market, dominated by $USDT, poses financial stability and AML risks. #Update #Crypto $USDT
Ethereum Markets Hit by Kelp rsETH Hack
An attacker exploited Kelp’s Layerzero V2 bridge, minting 116,500 rsETH, causing $123.7M-$230.1M in bad debt across markets. Aave DAO treasury holds $181M. #Breaking #Crypto #AAVE
Tether Backs $8M UAE Blockchain Venture
Tether invests $8M in UAE’s KAIO, raising its total to $19M, to enhance onchain fund distribution with Mubadala Capital. KAIO manages ~$100M AUM and partners with major financial firms. #Update #Crypto
Polymarket Eyes $15B Valuation Surge
Polymarket is in advanced talks to raise $400M at a $15B valuation, with ICE investing over $1.6B since 2025. #Update #Crypto
Bitcoin Ether Drive $1.36B ETF Surge
Blackrock’s IBIT leads with $906.1M inflows as Bitcoin ETFs draw $996.38M, Ether adds $275.83M, XRP gains $55.39M, Solana sees $35.17M inflows. #Update #Crypto
Kraken Cited in $6B Token Manipulation
Kraken joins Bitget and Binance in ZachXBT’s probe into M token manipulation, with Memecore’s $6B market cap against $66M volume. Exchanges urged to freeze accounts. #Update #Crypto
Bitcoin Mining Grid Launches Major Upgrade
@MiningGrid marks the first anniversary of Mining COREs with COREs Evolution, enhancing Bitcoin mining accessibility and competitiveness globally. #Update #Crypto $BTC
Ethereum Startup Launches in Abu Dhabi
@Startale_Group joins Hub71’s 18th cohort, anchoring operations in Abu Dhabi with a $63M Series A boost for blockchain and stablecoin infrastructure. #Update #Blockchain
Digital Yen: Tokyo Launches Company Subsidies
Tokyo launches a 40M yen subsidy for companies using yen-based stablecoins to boost a digital economic zone, highlighting regulatory advantages over USD counterparts. #Update #Crypto
Nvidia Launches 120B Nemotron 3 AI Model
Nvidia releases Nemotron 3 Super, a 120B-parameter open MoE model with 7.5x throughput over Qwen3.5-122B, available on Hugging Face. #Update #Tech
SEC Launches Podcast on Crypto Priorities
SEC prioritizes digital asset regulation; Peirce notes lack of spot crypto framework, Uyeda suggests reforms may boost capital access. #Update #Crypto
Crypto Projects Warned After RAVE’s 95% Crash
Concerns over manipulation on major crypto exchanges rise as @ZachXBT links RAVE’s 95% collapse to concentrated supply and trading activity, urging faster exchange oversight. Crypto