EToro profits rise as commodities boom offsets crypto trading slump
EToro posted its strongest quarter as a public company, with net income up 37% to $82 million, but crypto trade volumes fell 32% in April. Go to Source
DIGIT
JPMorgan Eyes Ethereum Again With Second Tokenized Treasury Fund
JPMorgan Asset Management has filed with the U.S. Securities and Exchange Commission to launch a second tokenized money market fund on the Ethereum network, accelerating Wall Street’s push to bring traditional finance instruments onchain. Kinexys Powers the Onchain Infrastructure The move comes roughly five months after the bank debuted its first tokenized fund, the Onchain … Read more
Upexi falls 8% after widened fiscal Q3 net loss
Upexi increased its Solana holdings to 2.5 million, valued at more than $238 million, making it the second-largest listed corporate Solana treasury, behind Forward Industries. Go to Source
Ray Dalio Warns Bitcoin’s Correlation With Tech Stocks Hurts Its Safe Haven Appeal
Billionaire investor Ray Dalio has sparked debate by arguing that bitcoin has failed to establish itself as a reliable safe-haven asset compared to gold. Dalio: Bitcoin Too Small to Rival Gold In a jab likely to rankle the crypto community, Bridgewater Associates founder and billionaire Ray Dalio noted that bitcoin has struggled to fulfil its … Read more
Legend becomes latest DeFi app to throw in towel
“The product that wins isn’t the one that explains crypto better, it’s the one that hides it completely,” said CEO Jayson Hobby. Go to Source
Hyperliquid ETF attracts $1.2M inflows in ‘very solid’ US debut
21Shares’ Hyperliquid ETF debuted in the US to a “very solid day” of trading, despite volumes being below comparatively buzzy crypto ETF debuts. Go to Source
MEXC Commits to 1,000 BTC Purchase as Guardian Fund Targets $500M Expansion
Crypto exchange MEXC plans to increase its Guardian Fund to $500 million over the next two years while adding 1,000 bitcoin to its reserves. The move is aimed at strengthening user protection and reinforcing confidence amid continued market expansion. BTC and USDT to Serve as Dual Reserve System for Market Stability Crypto exchange MEXC is … Read more
Stables Taps T-0 Network as Asia’s 60% Stablecoin Payment Share Tests USDT Rails
Stables has partnered with T-0 Network to strengthen USDT settlement corridors across Asia. Navigating Regulatory Moats Stables, a stablecoin infrastructure platform, announced a strategic partnership with t-0 Network to enhance settlement capabilities for its USDT corridors across Asia. The collaboration establishes T-0 Network as a dedicated settlement partner, providing the liquidity necessary for Stables to … Read more
SkyAI’s Explosive 20x Surge Raises Red Flags As On-Chain Data Points To Possible Market Manipulation
The cryptocurrency market is in the crosshairs once again, an explosive price move in SkyAI has raised alarms on potential transparency issues, coordinated wallet activity and possible centralized exchange involvement. What started as a suspect breakout rally has rapidly developed into a deeper investigation led by blockchain analysts, who have identified trading patterns that imply … Read more
Ethereum community launches security feature to end blind signing
Crypto platforms Ledger, Trezor, MetaMask, Keycard, WalletConnect, Argot and Fireblocks are among the earliest adopters and contributors to Clear Signing, aimed at ending “blind signing.” Go to Source