Galaxy Digital Posts $216M Q1 Loss as 20% Crypto Drop Cuts Portfolio Value

Galaxy Digital reported a $216 million first-quarter loss amid a broad crypto market decline, while pushing ahead with its Helios data center project as a new source of revenue. The firm’s balance sheet remains liquid, with $2.6 billion in cash and stablecoins. Key Takeaways: Galaxy Digital posted a $216M Q1 loss as the crypto market … Read more

Over Protocol: Foundation Closes Operations, Leaving Future of Network in Doubt Due to Financial Constraints

Over Protocol is dead: The Over Foundation has officially announced the shutdown of Over Protocol, meaning there will no longer be any support for ongoing operations and basically everything about the future of this doomed network is left in uncertainty. That choice, forced by economic constraints, marks an end to a project that was supposed … Read more

UAE Quits OPEC After 59 Years, BTC Slides Below $76K Amid Hormuz Supply Shock

The United Arab Emirates officially withdrew from OPEC and the broader OPEC+ alliance on April 28, 2026, and bitcoin fell below $76,000 within hours of the announcement. Key Takeaways: The UAE exits OPEC on May 1, 2026, ending 59 years of membership and removing OPEC’s third-largest producer. Bitcoin fell from a weekly high of $79,490 … Read more

Blackrock, Standard Chartered Power OKX Tokenized Treasury Collateral System

Blackrock anchors OKX’s tokenized Treasury collateral framework with Standard Chartered, enabling institutions to trade while maintaining yield and regulated custody. Key Takeaways: OKX framework, introduced April 28, 2026 enables tokenized U.S. Treasury assets as trading margin and collateral. Blackrock BUIDL fund delivers tokenized Treasury exposure with yield benchmarked to the U.S. Federal Funds rate. Standard … Read more

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