Inveniam to acquire Mantra after turbulent year marked by OM crash
Inveniam announced plans to acquire Mantra, a blockchain project that spent the past year recovering from the collapse of its OM token and prolonged market pressure. Go to Source
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China pays closer attention to stablecoins as cross-border role expands
A senior PBOC official called for closer monitoring, stronger regulation and international coordination as stablecoins gain importance in global payments. Go to Source
Hyperliquid’s $10B open interest coincides with growth in equity-linked markets: Talos
Hyperliquid’s $10 billion open interest milestone shows growing demand for onchain equities and commodities trading with 24/7 accessibility, according to Talos. Go to Source
BitGo courts crypto firms awaiting MiCA approval amid Binance licensing concerns
BitGo launches a MiCA-compliant crypto infrastructure platform in Europe as exchanges face pressure to meet July 1 licensing rules across the EU. Go to Source
Congress reaches deal on housing bill with CBDC ban until 2030
The US could soon temporarily ban a central bank digital currency, as House and Senate leaders came to a deal on a housing bill inclusive of a ban. Go to Source
Strategy’s STRC falls to $91 as investors flinch at latest BTC buying
“It appears traders are seeing the latest BTC acquisition as an unsustainable path for STRC,” said 10x Research’s Markus Thielen. Go to Source
Illinois governor approves crypto transaction tax despite industry uproar
“There is effectively no comparable state financial transaction tax on stocks, bonds or derivatives anywhere in the country,” said a16z general counsel Miles Jennings. Go to Source
Senators urge Treasury ensure state authority in GENIUS application
A bipartisan group of US senators told the Treasury that its application of stablecoin laws should be done in a way that “preserves and promotes State participation.” Go to Source
Tokenized asset market tops $43B as institutions accelerate blockchain adoption
Tokenized financial assets have surged 37% in six months as institutions expand blockchain adoption and the market broadens beyond funds and private credit, according to Token Terminal. Go to Source
Crypto PAC has $12M stake in Senate primary runoff as Alabama voters head to polls
Defend American Jobs reported spending $7.4 million on media to support Republican Barry Moore ahead of his May 20 Alabama primary, and an additional $4.7 million before Tuesday’s runoffs. Go to Source