Category: Crypto News
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Yet $10B Revenue Drop Signals Market Slowdown
Alongside financial pressure, Galaxy Digital began generating data center revenue after delivering its first Helios facility to CoreWeave. Galaxy Digital Inc. posted a first-quarter 2026 net loss of $216 million. The figure improved from a $295 million loss a year earlier, as weaker cryptocurrency prices continued to pressure its results. Revenue for the quarter…
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LayerZero Pledges 10,000 ETH to DeFi United as Industry Rallies Behind Kelp DAO Recovery
TLDR: LayerZero Labs is donating 5,000 ETH and depositing another 5,000 ETH into Aave to strengthen market liquidity. The $292M Kelp DAO exploit involved an RPC-poisoning attack that forged cross-chain messages via LayerZero’s DVN. DeFi United has raised over $300M in ETH and stablecoins, with major contributors including Consensys and Arbitrum DAO. Total value locked…
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ZetaChain Dismissed Bug Report That Could Have Prevented $334K Exploit
The vulnerability that led to ZetaChain’s recent exploit had been flagged through its bug bounty program before the attack, but was dismissed as intended behavior. In a post-mortem published Wednesday, the team said the incident has prompted a review of how it handles bug bounty submissions, particularly reports involving chained attack vectors that may appear…
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World-Renowned Analyst Predicts Death For Bitcoin’s Biggest Supporter, Here’s Who
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is back in focus after a well-known critic warned that its biggest corporate supporter, Strategy (formerly MicroStrategy), could face a serious breakdown. The warning comes from Peter Schiff, who believes the company’s current financial strategy may not be able to hold…
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RedStone Launches Settlement Layer to Address RWA Liquidity Gap in DeFi Lending
RedStone, a decentralized oracle provider, has launched a new settlement layer for decentralized finance, aiming to make tokenized real-world assets (RWAs) usable as collateral in lending protocols. The system, called RedStone Settle, is designed to address a long-standing structural issue in DeFi. While lending platforms such as Aave rely on near-instant liquidations to manage risk,…
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6 Years For $236 Million In Bitcoin? The Price Of Quick Crypto Riches
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The United States Attorney’s Office (USAO) for the District of Columbia announced that a defendant who was involved in a scam that stole $236 million in Bitcoin was sentenced to six years in prison. This comes as the Department of Justice (DOJ)…
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Japan Bitbank Launches Crypto Card That Settles Bills in Bitcoin
Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Last updated: April 28, 2026 Japan crypto exchange Bitbank has launched a crypto-linked credit…
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Bitcoin ETFs End Inflow Streak as BTC Slips Below $77K
US-listed spot Bitcoin exchange-traded funds posted their first net outflows in nine sessions as BTC slipped below $77,000 on Monday. Bitcoin ETFs saw $263 million in net outflows on Monday, marking the first outflows since mid-April, according to SoSoValue data. The losses came after spot ETFs drew $2.1 billion in inflows since April 13 as…
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Stablecoin Transfer Volume Drops 19% as Supply Rises
Stablecoin monthly transfer volume fell by nearly 20% over the past 30 days, even as the market’s total supply and holder count continued to rise. According to data from RWA.xyz, 30-day stablecoin transfer volume dropped 19.18% to $8.31 trillion as of April 28, while stablecoin market capitalization rose 2.06% to $305.29 billion over the same…
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Chainalysis Maps Iran Stablecoin Pipeline Behind $344M USDT Freeze
Key Takeaways: $344M USDT freeze exposed a multi-step crypto pipeline across Iran-linked networks. Chainalysis traced wallet activity tied to the Central Bank of Iran network. Stablecoins remain central to Iran-linked networks using brokers, DeFi, and intermediaries. Iran-Linked Stablecoin Flows Come Under Sanctions Scrutiny Sanctions enforcement tied to Iran’s crypto activity is intensifying after a major…
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