24/7 Blockchain industry dynamics and breaking crypto news
Base has selected 12 innovative projects for its third accelerator cohort, Batches 003. Spanning AI agents, DeFi, and predictive markets, these ventures will receive mentorship, resources, and funding opportunities, culminating in a live Demo Day in San Francisco on May 19.
Read MoreA new industry forecast predicts exponential growth for stablecoins. Driven by generational wealth transfer and payment infrastructure shifts, annual transaction volume could surpass a quadrillion dollars by 2035, potentially exceeding current global cross-border payments.
Read MoreA Korean court has overturned a three-month partial business suspension against Dunamu, operator of crypto exchange Upbit. The court ruled that Dunamu fulfilled reasonable obligations given unclear regulatory guidance. This decision clarifies enforcement standards for digital asset platforms in Korea.
Read MoreThe Saturn DeFi yield protocol officially launched its mainnet on April 9, concluding its private testing phase. Institutions including Flowdesk and Galaxy have deposited a total of $10 million. Its USDat stablecoin is built on the M0 architecture, with Galaxy, Securitize, and Clear Street as operating partners.
Read MoreA new managed service has launched to remove technical barriers to stablecoin adoption. A complementary payment network enables global USD stablecoin settlements via a single API, delivering a seamless fiat-native experience without custody, blockchain integration, or extra licensing.
Read MoreVeteran strategist Tom Lee notes market resilience despite geopolitical tensions, suggesting historical bottoms often occur early in conflicts. He argues selling pressure is largely exhausted and positions reset, with the worst likely over. He remains bullish on Ethereum-led crypto assets and tech/industrial sectors.
Read MoreAn attacker built massive long positions via multiple wallets on Hyperliquid, then deliberately triggered a 'self-liquidating' event in a low-liquidity environment. This forced the platform's automatic deleveraging mechanism to activate, causing the HLP liquidity pool to absorb toxic assets and generate bad debt, resulting in losses of approximately $1.5 million within 24 hours. The attacker likely profited significantly through cross-market hedging.
Read MoreBhutan has transferred 319.7 BTC worth approximately $22.67 million to two wallets, including a new address and one previously linked to major exchanges. The move has fueled market speculation about a potential government sell-off.
Read MoreUS President Trump declared via social media that American military assets, including ships, aircraft, and personnel, will remain deployed around Iran with additional supplies. The move aims to ensure full compliance with agreements, reinforcing US strategic posture in the region.
Read MoreToday's midday crypto developments highlight policy and market movements. Trump emphasizes open seas stance, Korea's ruling party proposes digital asset regulatory framework. Bithumb initiates asset preservation procedures, Anthropic completes tender offer and adjusts stock sale plans. Standard Chartered considers internal operation of crypto custody business, Besant urges Congress to pass digital asset regulation bill. Industry regulation and market operations are key themes.
Read MoreOpenClaw's latest update introduces the groundbreaking 'Dreaming' feature, enabling AI agents to replay user notes and form memories. The release also brings significant security hardening, including enhanced SSRF protections, and a streamlined Android pairing process for a more robust and intuitive user experience.
Read MoreSouth Korea saw a historic net capital outflow in March, with foreign investors pulling a record $29.78 billion from local stocks. Simultaneously, the bond market experienced its largest-ever monthly net outflow, signaling a major shift in foreign investor sentiment.
Read MorePresident Trump emphasized the U.S. will maintain military presence in Iran and surrounding areas to ensure full compliance with agreements. He warned of stronger actions if terms are violated, while stressing the Strait of Hormuz must remain open and secure, with U.S. forces ready for action.
Read MoreA Korean exchange mistakenly distributed Bitcoin instead of cash rewards, resulting in billions in losses. Asset recovery procedures were initiated against users who refused to return funds.
Read MoreA U.S. Treasury official argues that with digital assets now a mainstream global phenomenon, Congress must pass legislation to establish clear regulatory rules. This is critical for the U.S. to maintain its leadership in shaping international financial standards and fostering innovation.
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