24/7 Blockchain industry dynamics and breaking crypto news
The USD.AI stablecoin protocol now supports minting USDai and sUSDai using USDT on both Arbitrum and Ethereum networks. This expansion enhances asset compatibility and user flexibility for accessing AI-powered credit.
Read MoreGoldman Sachs has lowered its Q2 forecasts for Brent and WTI crude oil prices, citing a reduction in geopolitical risk premiums and improved supply flows. The bank now sees Brent at $90/barrel and WTI at $87/barrel as market tensions ease.
Read MoreU.S. spot Bitcoin ETFs recorded a notable net outflow of $124.25 million in a single day, indicating shifting investor sentiment. This movement highlights growing market caution and could influence short-term trading dynamics as participants monitor fund flow trends.
Read MoreStandard Chartered plans to integrate Zodia Custody's client-facing operations into its digital assets division, transforming Zodia into a standalone SaaS platform. This strategic move aims to enhance internal synergy and focus on technology solutions.
Read MoreGlobal Dollar and Paxos have significantly increased liquidity incentives for the USDG stablecoin on Pendle, raising rewards from $150K to $390K until market maturity. Pendle continues to offer up to 30% in native PENDLE rewards, strengthening USDG's position in DeFi where its TVL recently surpassed $10 million.
Read MoreThe Monad Foundation has introduced a subsidy program providing dedicated signature laptops to decentralized protocol teams with TVL exceeding $2.5 million. Aimed at enhancing hardware security for multisig and treasury operations, the grant requires recipients to complete security training and KYC procedures.
Read MoreA leading digital asset platform announces the upcoming listing of football fan token OFC, releasing a detailed schedule for deposits, auction, and spot trading. This move bridges sports and blockchain, offering fans innovative digital engagement tools.
Read MoreAnthropic's recent employee stock tender offer fell short of investor targets. Employees, buoyed by soaring annualized revenue exceeding $30B and the imminent IPO, opted to retain more shares, reflecting strong confidence in the company's future.
Read MoreOn April 9, spot silver experienced a sharp decline, dropping by $0.7 to touch $73 per ounce, with an intraday loss of 1.49%. This movement highlights recent volatility in the precious metals market.
Read MoreOn-chain data reveals 4 interconnected wallets suffered a collective $3.02 million loss after $33.3 million in FARTCOIN long positions were liquidated within hours, highlighting the perils of high-leverage crypto trading.
Read MoreData reveals that Strategy's preferred stock, STRC, completed significant funding on April 9th. The raised capital is sufficient to purchase over 2,500 Bitcoin at current prices, a figure five times the daily output of Bitcoin miners, highlighting strong institutional demand for crypto assets.
Read MoreOn-chain data reveals the Ethereum Foundation has sold 3,750 ETH (worth $8.3 million) from a planned 5,000 ETH liquidation, averaging $2,214 per token. This significant move is drawing market attention to its treasury strategy and potential price implications.
Read MoreMichael Saylor suggests Bitcoin likely bottomed near $60K, with selling pressure easing. He forecasts the next bull run will be fueled by Bitcoin-based financial innovations and downplays near-term quantum computing risks, citing strong institutional demand.
Read MoreYuga Labs has reached a final settlement with artist Ryder Ripps, ending a multi-year trademark battle. The artist is permanently barred from using Yuga's brand assets. This case sets a crucial precedent for trademark protection within the NFT marketplace.
Read MoreIran's military announced on April 9 that due to recent conflict impacts, the main shipping lanes in the Strait of Hormuz may contain naval mines. Vessels planning transit must coordinate with Iranian naval forces and follow designated alternate routes to ensure safety and avoid mine hazards.
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