Blockchain Industry Updates & Privacy News
U.S. stock markets sustained their upward momentum with key indices closing higher. The Nasdaq outperformed, while Apple surged over 5%, marking its strongest gain in months and highlighting renewed confidence in the tech sector.
Read MoreOn-chain data reveals a wallet associated with the Ethereum Foundation transferred 1,744 ETH (worth ~$4.03M) to the Kraken exchange. This significant move has sparked market discussion about potential implications.
Read MoreDespite a downturn in digital asset prices, WisdomTree's crypto ETPs attracted a net inflow of $137 million in Q1, a sharp reversal from the previous year. The firm's total AUM soared to $152.6 billion, driven by strong inflows in the US and Europe, while expanding its product suite and RWA tokenization efforts.
Read MoreCrypto asset manager Bitwise revealed it will shut down and liquidate two of its exchange-traded funds: the BTOP and BWEB ETFs. Investors who do not sell their shares by May 21, 2026, will have their positions automatically redeemed for cash at net asset value, with proceeds distributed around May 29, 2026.
Read MoreA SEC proposal to change financial reporting for US public companies from quarterly to semi-annually has passed White House review, moving closer to implementation. This major reform, initiated after presidential urging, would alter a decades-old quarterly system and is now open for public comment.
Read MoreMay 1 revealed significant crypto market developments: US Bitcoin ETFs saw continued inflows, exchange service Fun secured $72M funding, and Tether reported over $1B in Q1 profit. Dan Bin's fund increased holdings in Circle, while Strategy maintained dividends. Geopolitical shifts added to market context.
Read MoreCrypto venture capital funding plunged 74% to $659M in April, marking the lowest monthly level since July 2024. The dramatic slowdown saw only 63 deals completed, with DeFi, blockchain services, and AI projects attracting limited interest as investor sentiment turned cautious.
Read MoreCrypto exchange startup Fun has completed a $72 million Series A funding round. The investment was led by Multicoin Capital and SignalFire, with participation from Infinity Ventures, Pharsalus Capital, and Justin Mateen, co-founder of Tinder. The deal finalized in January but was recently disclosed, with valuation details kept confidential.
Read MoreBitcoin has surged past the critical $78,000 level, currently trading at $78,016.69 with a 24-hour gain exceeding 2%. Significant market volatility underscores the need for investors to exercise caution and implement robust risk management strategies.
Read MoreVenture firm 137 Ventures has raised over $7 billion for two new funds, pushing its AUM past $150 billion. The capital will target investments in AI agents, robotics, and space propulsion. As an early SpaceX backer, its stake is poised for significant growth ahead of a potential IPO.
Read MoreIran's Foreign Minister reveals the U.S. military campaign against Iran has caused over $100 billion in direct losses, with hidden indirect costs placing significant financial strain on American households.
Read MoreNvidia-backed Nebius has agreed to acquire AI inference and model optimization firm Eigen AI for approximately $643 million in cash and stock. This strategic move aims to significantly bolster the capabilities of Nebius's flagship "Token Factory" platform, positioning it as a more formidable player in the competitive AI infrastructure landscape.
Read MoreJapan's SBI Holdings has initiated negotiations to acquire shares of crypto exchange Bitbank. The move aims to integrate it as a subsidiary, significantly boosting SBI's footprint in Japan's digital asset market. The deal awaits due diligence and internal approvals.
Read MoreThe USD/JPY pair experienced sharp volatility on May 1st, sparking speculation of a second round of Japanese intervention. Analysts warn that despite temporarily deterring speculators, profound fundamental headwinds and geopolitical risks continue to pressure the yen, making a sustained reversal challenging.
Read MoreThe company maintains its STR preferred stock dividend at 11.5% for May, marking three consecutive months. Trading data shows the security's price hovering near par, with expectations of stabilization. Meanwhile, the common stock surged 33% in April, ending an eight-month losing streak and posting its first monthly gain in nine months.
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