Kraken Accuses Custody Partner of Stealing $25M in Client Crypto
The infrastructure layer of crypto just failed a trust test, and the fallout proves custody is still the industry's Achilles heel.
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The infrastructure layer of crypto just failed a trust test, and the fallout proves custody is still the industry's Achilles heel.
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Rain now sits at the same table as JPMorgan Chase and Citibank, which tells you everything about where card networks think stablecoins are going. Rain joined Mastercard as a Principal Member, putting a $1.95 billion stablecoin startup in the same membership tier as major banks.
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Bitcoin just became defense policy, and the playbook is spreading faster than anyone expected. MicroStrategy raised $82M for Bitcoin purchases amid rising geopolitical tensions, then temporarily paused buying before resuming next week.
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The company that taught the world to wire money just put its bets on a blockchain that processes 65,000 transactions per second. Western Union launched USDPT, a stablecoin now live on Solana, marking the 173-year-old remittance giant's first move into on-chain digital assets
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The world's biggest landlord just decided AI infrastructure is interesting enough to let retail investors in on it. Blackstone is taking its data center REIT public, targeting $1.75 billion in what could be the largest real estate IPO since the AI compute boom began
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The world's most aggressive corporate Bitcoin buyer just hit pause while cashing out $82 million in stock—right as a $219 million institutional bet validates its entire thesis.
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Private equity just bought itself a seat at the AI defense table, and the check cleared for $1.5 billion. Anthropic is finalizing a $1.5 billion joint venture with Blackstone and Goldman Sachs to deploy AI infrastructure across private equity operations, per WSJ reporting.
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Betting against Bitcoin at $80,000 cost traders nine figures in a single session, proving once again that conviction without collateral is just expensive theater. Bitcoin's surge to $80,000 triggered $300 million in short liquidations as bearish traders got caught on the wrong side of the market
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Kraken just bought its way out of regulatory purgatory while everyone else is still arguing with the refs. Payward, Kraken's parent company, closed its acquisition of Bitnomial, gaining a full suite of CFTC-issued derivatives licenses covering trading, clearing, and brokerage.
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The institutions that spent 2024 buying Bitcoin through ETFs are suddenly walking backward, and the numbers suggest this isn't noise. Bitcoin ETFs saw $490M in outflows as institutional investors pulled back, driven by geopolitical tensions and macro uncertainty
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When validators pull 72,000% more ETH than usual, they're not just taking profits—they're pricing in the global chaos most investors aren't watching yet. Ethereum unstaking surged 72,000%, creating immediate selling pressure as validators exit staking positions at unprecedented rates.
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The suits are finally admitting they were wrong about Bitcoin, but the real story is what's changing faster: the technology or their willingness to admit it.
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While everyone else is racing to make AI agents faster at following instructions, NeoCognition just raised $40M to make them actually get smarter on the job.
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The biggest risk to Bitcoin in May 2026 isn't regulation or a hack, it's the calendar. Jerome Powell is expected to exit the Federal Reserve, with Kevin Warsh positioned to step in, creating a leadership transition at the most powerful central bank on Earth.
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The world's most famous Bitcoin maximalist just hit pause on the buy button. Michael Saylor's MicroStrategy has paused Bitcoin purchases despite earlier signals of a major buy, citing macro uncertainty and watching the $68K price threshold.
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Institutions are back, but the money is moving sideways. BlackRock's IBIT captured $1.7B in April inflows as trade war tensions eased, signaling renewed institutional confidence in Bitcoin exposure
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BNB Chain just became a 24/5 stock market, and most people still think crypto is just for speculation. xStocksFi launched on BNB Chain with 50+ tokenized U.S. equities trading 24/5, bypassing traditional market hours and settlement delays
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Y Combinator just told founders to get comfortable with five-figure monthly API bills because burning tokens is cheaper than hiring humans.
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Wall Street just told its wealth clients to buy crypto, and two of the world's largest banks are racing to build the infrastructure for them.
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The chain everyone wrote off as dead two years ago just flipped Ethereum in the one market that actually matters to Wall Street. Solana's real-world asset ecosystem hit $2.5 billion in market cap, with nearly 200,000 holders now holding tokenized assets on the network.
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