What were the key takeaways from Tether’s Q1 report? Stablecoin issuer Tether announced a profit of $1.04 billion for the first quarter of 2026, marking a strong performance despite a slight decline compared to its annual profit of over $10 billion in 2025. Tether’s Q1 report, prepared by global accounting firm BDO, highlighted a significant
On Wednesday, April 29, 2026, Visa announced a major expansion of its global stablecoin settlement pilot, adding five new blockchain networks to its infrastructure. This strategic move brings Visa’s total supported networks to nine, significantly broadening the options for issuers and acquirers to settle transactions using digital assets. The five newly integrated blockchains—Arc, Base, Canton,
On Wednesday, April 29, 2026, Bitcoin (BTC) continues to navigate a challenging technical landscape as it encounters stiff upside resistance following the Federal Reserve’s latest interest rate decision. Despite several attempts by bullish traders to reclaim the psychological threshold of $80,000, the digital asset has faced repeated rejections from key supply zones, leading to a
On Wednesday, April 29, 2026, Federal Reserve Chairman Jerome Powell presided over his final Federal Open Market Committee meeting, concluding an eight-year tenure as the leader of the nation’s central bank. During his closing address, Powell announced that the FOMC had voted to maintain the target federal funds rate at its current range of 3.5%
X head of product Nikita Bier has said that cryptocurrency has become one of the most muted topics on the platform, signaling a shift in how digital asset discussions are surfaced across social media feeds. The remarks come as X continues to roll out changes to content discovery, including algorithmically curated timelines and expanded topic
The Sui network recently encountered a targeted security incident involving its leading lending protocol, Scallop, which resulted in the unauthorized drainage of approximately 150,000 SUI tokens from a rewards liquidity pool. This event, identified on April 28, 2026, serves as a poignant reminder of the persistent challenges facing decentralized finance platforms as they scale in
Bybit CEO Ben Zhou said the cryptocurrency exchange has been removed from a regulatory watchlist in Malaysia following discussions with local authorities, marking a potential easing of scrutiny in one of Southeast Asia’s key digital asset markets. The comments indicate that engagement between Bybit and Malaysian regulators has progressed, with the platform addressing concerns that
Crypto exchange-traded funds recorded a strong return to net inflows in the latest session, with U.S.-listed spot Bitcoin ETFs adding approximately 4,614 BTC, equivalent to about $334.6 million, according to aggregated flow data. The inflows mark a notable rebound in institutional demand following a period of mixed flows earlier in the week, reinforcing the role
Bullish has announced that it expanded its partnership with Ripple, extending access to its Bitcoin options markets to users of Ripple Prime, the firm’s multi-asset prime brokerage platform. The integration gives institutional clients on Ripple Prime direct access to Bullish’s regulated BTC options, adding to existing connectivity for spot, perpetuals, and dated futures trading. The
How did the Wasabi Protocol exploit unfold? Decentralized derivatives platform Wasabi Protocol has been exploited for more than $5 million in a coordinated attack spanning multiple blockchain networks, including Ethereum, Base, Berachain, and Blast, according to several blockchain security firms. Security researchers including PeckShield, Blockaid, and CertiK reported that the breach was not caused by