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Revolut Weighs Future IPO, Flexes India’s Beta Launch
Key Takeaways: Revolut CEO Nik Storonsky ends market rumors, delaying the bank’s IPO to 2028 to build public trust. Bypassing a 2026 IPO, Revolut might use private share sales to push its $75B valuation to $100B. Expanding globally, Paroma…
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Stablecoins Do Not Threaten Banking Just Yet: Analyst
The impact of stablecoins on the banking sector appears “limited” at the current phase of the adoption cycle, but banks could face increasing competition and an erosion of market share as the stablecoin sector and tokenized real-world…
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Aave’s TVL Falls $8B After $293M Kelp DAO Hack
Total value locked on decentralized lending protocol Aave dropped by nearly $8 billion over the weekend after hackers behind the $293 million Kelp DAO exploit borrowed funds on Aave, leaving roughly $195 million in “bad debt” on the…
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Circle Launches USDC Bridge For Native Cross-Chain Transfers
Stablecoin issuer Circle has launched USDC Bridge, a new user interface built on top of the Cross-Chain Transfer Protocol (CCTP) that seeks to simplify native cross-chain transfers of the USDC stablecoin.On Friday, Circle’s USDC X account…
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AllUnity Expands EURAU Stablecoin Into Uniswap DeFi Liquidity Pools
AllUnity, a regulated European stablecoin issuer, is expanding its euro-pegged stablecoin, EURAU, across major decentralized exchanges (DEXs).The company announced Thursday that its EURAU stablecoin is entering liquidity pools across major…
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Stablecoins Behave Like FX Markets as Liquidity Splits: Eco CEO
Stablecoins behave like a fragmented foreign exchange market, where liquidity is spread across blockchains and pools, creating price differences and uneven access to dollar liquidity.Moving stablecoins looks simple on the surface. But under…
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Arthur Hayes Breaks Down Bitcoin’s Fate in Four Iran War Outcomes
Hayes's core view is that BTC's price is driven by the quantity of money, not its cost, meaning even rate hikes won't necessarily hurt it.
Bitcoin’s near-term direction…
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Russia Introduces Bill To Criminalize Unregistered Crypto Services
Russia’s government submitted a bill to its parliament’s lower house in an effort to amend the country's legal code to attach criminal liability for crypto services offered without regulatory approval or licensing.In a draft law sent to the…
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DeFi Hacks Surge After $280M Drift Protocol Exploit
At least 12 DeFi protocols and crypto businesses have been attacked in just over two weeks since the $280 million Drift Protocol exploit on April 1.Attacks aimed at crypto protocols or companies since the start of April include CoW Swap,…
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Bitcoin Liquidates $660M In Shorts As BTC Price Rallied Past $78K
Bitcoin (BTC) rallied above $78,000 to hit another 10-week high on Friday as crypto and equity markets reacted to cooling tensions in the US and Israel war in Iran. The rally above range highs also resulted in a large liquidation of…
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