Standard Chartered Acquires Zodia Custody Control
Standard Chartered to acquire Zodia Custody’s crypto operations, expanding digital asset services in the UK and Australia. Zodia Solutions to become independent SaaS firm. #Update #Crypto
Crypto News
General category for all types of news related to the cryptocurrency world.
AI Race 2026: US-China Battle Escalates
Raoul Pal warns the U.S.-China AI race is unprecedented, proposing Universal Basic Equity to counter AI-driven job automation. China excels in AI efficiency; U.S. leads in compute. #Update #AI
US Dollar Steady as Oil Prices Rise
The dollar index is steady at 99.325 as Brent crude rises over 1% to $110 due to Middle East tensions; US Treasury yields increase with a potential Fed rate hike looming. #Update #Market
Bitget AI Surges to 1M Users Milestone
Bitget AI surpasses 1 million users and $1.2 billion in trading volume across 58 tools, shifting focus to agent-native exchange model. #Update #Crypto
Iran Conflict Costs Global Firms $25B
The Iran conflict has caused $25 billion in corporate losses, increasing oil market volatility and raising WTI Crude Oil price predictions for May 2026. #Update #Market
China Launches Anti-Pig Butchering Operation
In Dubai, a U.S., UAE, and China coalition dismantled nine pig butchering scam centers, arresting 276 suspects. These scams cost $75B globally since 2020. #Breaking #Legal
Bithumb Launches AIGENSYN with Restrictions
Bithumb lists AIGENSYN with trading restrictions, highlighting elevated risk due to limited public data and absence from major aggregators. Bithumb faces a $27M fine for AML violations. #Update #Crypto
Nvidia Surges S&P 500 with AI Sales
Nvidia drove 15.5% of S&P 500’s 2025 return, with a 40% share price surge due to AI demand, impacting crypto markets linked to AI narratives. #Update #Market
Debt Strategy Cuts $1.5 Billion with Buyback
@MicroStrategy plans to repurchase $1.5B in convertible bonds maturing in 2029 to reduce nearly half of its $8.2B debt, potentially funded by cash reserves and Bitcoin sales. Total Bitcoin holdings exceed 818,000 coins valued at ~$64B. #Update #Crypto $BTC
Xi Jinping Eases Trump Tensions at Summit
Xi Jinping and Donald Trump agree on “constructive strategic stability” at Beijing summit, focusing on US-China predictability. Taiwan remains a critical issue. #Update #Crypto $BTC
OKX Negotiates 40% Stake in Coinone
@OKX is reportedly in talks with Korea Investment and Securities to acquire a 40% stake in Coinone, following @Binance’s acquisition of Gopax last year. #Update #Crypto $BTC $ETH
Fintech Giants Bet $40B on Mexico
Nubank reaches market break-even in Mexico with 15M customers, plans $4.3B investment by 2030; Revolut gains 290K users, $218M deposits. #Update #Fintech
Samsung Negotiates to Prevent Massive Strike
Samsung Electronics and its largest labor union resume talks to avert a strike affecting up to 50,000 workers over bonus disputes. Potential losses could reach $28 billion. #Update #Legal
US CLARITY Act Boosts Domestic Innovation
A16z crypto states the US CLARITY Act will enhance domestic innovation, impacting global markets positively when legal frameworks balance innovation and consumer protection. #Update #Crypto