Technology
Solv Protocol Will Dump LayerZero, Migrate $700M Tokenized Bitcoin Tech to Chainlink
Solv Protocol will move its tokenized Bitcoin infrastructure to Chainlink, following Kelp DAO's lead after it blamed LayerZero for a hack.
CryptoClub.cc
Exchange
Coinbase loses nearly $400 million in Q1 as CEO seeks to reduce dependence on spot crypto trading
The company is transforming from a "spot-focused crypto platform to a place" where users can trade many asset classes.
Technology
IREN stock surges as Nvidia backs AI expansion with warrants tied to 30 million shares
Alongside the AI infrastructure expansion, Nvidia took warrants that may eventually convert into a $2.1 billion stake in IREN.
Macro
JPMorgan says bitcoin is gaining over gold as debasement trade after Iran conflict
Investors are increasingly choosing bitcoin over gold as a debasement trade since the Iran conflict began, JPMorgan analysts said.
Regulation
Treasury demands Binance comply with monitoring guidelines amid reports over $1 billion flowed to Iran-linked groups: report
Binance is required to comply with monitoring program as part of pleading guilty to charges in 2023 related to sanctions and money laundering.
Regulation
Germany weighs 2027 crypto tax overhaul as one-year holding rule under threat
Germany may overhaul its crypto tax rules from 2027, potentially curbing the country’s hallmark one-year tax-free holding rule as it tightens enforcement and seeks extra revenue.
Exchange
The stablecoin queue: 20 banks and tech giants are waiting to issue tokens with Anchorage Digital
Anchorage Digital, a federally chartered crypto bank, has revealed a substantial pipeline of major financial institutions and technology companies seeking to launch stablecoins through its platform. The company disclosed that up to 20 prominent firms are currently in various stages of planning stablecoin issuances, though specific names and timelines remain
Technology
AWS taps Coinbase and Stripe to power USDC payments for AI agents
In the growing agentic economy, stablecoins are emerging as a key payment rail because of their low cost and programmability.
Market
Kalshi confirms $1 billion raise at $22 billion valuation amid prediction market boom
Kalshi, the regulated prediction market platform, has completed a $1 billion funding round that values the company at $22 billion, the company confirmed. The massive raise comes as prediction markets experience unprecedented growth and mainstream adoption across financial and political forecasting. The funding round represents one of the largest raises
Regulation
South Korea confirms 22% crypto tax starting January 2027: Report
South Korea’s Finance Ministry has reportedly confirmed for the first time that a 22% tax on crypto gains will proceed as scheduled in January 2027.
Exchange
Kraken to buy stablecoin payments firm Reap in $600 million deal: Bloomberg
Cryptocurrency exchange Kraken has agreed to acquire stablecoin payments company Reap in a deal valued at $600 million, according to a Bloomberg report. The acquisition represents one of the largest deals in the crypto payments sector this year and marks Kraken's continued expansion beyond traditional trading services. Reap
Security
Hardware Wallet Thief Gets 78 Months in Prison Over $250M Crypto 'Heist'
‘GothFerrari’ was sentenced for his part in a criminal enterprise that stole crypto through social engineering and physical break-ins.