Hut 8 refinances Bitcoin-backed loan with $200M FalconX deal
The Bitcoin miner said the FalconX facility lowers its fixed interest rate to 7% and releases about 3,300 BTC from collateral restrictions. Go to Source
DIGIT
ZachXBT Exposes Alleged Illicit Flows And Market Manipulation Across Tokenlon And Influencer Networks
The cryptocurrency sector is in the spotlight again as ZachXBT has accused decentralized exchange Tokenlon of allowing individuals to trade funds from suspicious financial transactions. His extensive on-chain research suggests that a wide range of criminal activities are associated with a large percentage of Tokenlon’s trading volume. He connects the dots to romance scams, human … Read more
Remittance Giant Western Union Ditches Legacy Rails for Its Own Stablecoin
Issued by Anchorage Digital, the Solana-based dollar-pegged stablecoin comes to revitalize the remittances and settlements processes at Western Union, which rely largely on legacy rails that trap idle liquidity to function properly. Key Takeaways: Western Union launched its 1st stablecoin, USDPT, on Solana with Anchorage Digital Bank. Solana’s 24/7 settlement capabilities free up idle liquidity … Read more
SEC delays prediction market ETFs over mechanics and risk concerns: Report
The regulator reportedly requested more information from Roundhill, GraniteShares and Bitwise about how the event contract funds would work. Go to Source
Bitcoin price eyes $96K as institutions absorb 500% of daily BTC supply
In past instances, BTC has averaged 24% gains in one month when institutional demand absorbed over 500% of the daily mined supply. Go to Source
Bitcoin in ‘disbelief rally’ as traders spot $84K BTC price target
Bitcoin’s rally on Monday pushed it above $80,000 for the first time since January as analysts say BTC price could rise further to fill the futures gap at $84,000 in the short term. Go to Source
Tether Mints 5 Billion USDT in Two Weeks as Liquidity Signal Builds Alongside Bitcoin Rally
Tether has minted 5 billion USDT across Ethereum and Tron over the past two weeks, including a fresh 1 billion USDT issuance, in a liquidity injection that analysts read as a bullish demand signal for the broader crypto market. Key Takeaways: Tether minted 5B USDT in two weeks, including 1B USDT on Tron on May … Read more
South Korea crypto sector warns AML proposal goes too far: Report
Crypto industry body DAXA said the proposed rules could push suspicious transaction reports from South Korea’s five largest exchanges to more than 5.4 million a year, Yonhap reported. Go to Source
WTI and Brent Surge Following False Reports of US Warship Attack in Hormuz
The prices of the two most relevant oil benchmark futures shot up after reports indicated that a U.S. warship was recently struck by the IRGC, reigniting the hostilities in the Strait of Hormuz. Nonetheless, U.S. officials have denied these reports. Key Takeaways: CENTCOM denied reports of 2 IRGC missiles striking a U.S. ship during Trump’s … Read more
ZachXBT Flags Polyarb as Fake Prediction Market With an Active Wallet Drainer
Onchain investigator ZachXBT has warned that Polyarb, a site presenting itself as a prediction market platform, is running an active wallet drainer and is gaining reach through prominent crypto accounts replying to its posts. Key Takeaways: ZachXBT warned on May 4, 2026, that Polyarb hosts an active wallet drainer targeting crypto users. Prominent accounts replying … Read more