Macro
Federal Reserve Chair Jerome Powell announced he will remain as a Governor on the Federal Reserve Board after his term as Chair expires, despite facing mounting legal pressure. Powell made the statement during a press conference following the Fed's latest policy meeting, emphasizing his commitment to serve in
Technology
Meta Platforms is back in the crypto game with stablecoins in focus. This time, the social media giant is offering creators payouts in stablecoins. For this, it will use USD Coin (USDC) on the Solana and Polygon blockchains. Ad Ad Meta Offers USDC Stablecoin Payout To Creators The functionality is i
Macro
The Federal Reserve maintained interest rates unchanged during Jerome Powell's final meeting as chairman, marking the end of his tenure that began in 2018. The Federal Open Market Committee voted to keep the federal funds rate at its current level, with Powell presiding over his last policy decision
Market
MoonPay has acquired Israel-based crypto security infrastructure provider Sodot, forming the foundation of its new institutional unit led by former CFTC Acting Chair Caroline Pham.
Technology
Payments giant Visa scales its blockchain settlement infrastructure with five new networks as pilot program shows 50% quarterly growth.
Macro
The Senate Banking Committee voted to approve Federal Reserve Chair pick Kevin Warsh's nomination, sending it to the full Senate.
Macro
However, the hedge fund manager did acknowledge concerns surrounding potential cyber warfare and quantum computing risks.
Market
Galaxy Digital has led a $20 million funding round for Fence, a fintech startup focused on modernizing the infrastructure of the global credit market. The investment round positions Fence to tackle operational inefficiencies in what represents a $6 trillion market segment, though additional participating investors in the round were not
Technology
Securitize and Computershare have established a partnership that could enable up to $70 trillion worth of U.S. stocks to transition onto blockchain networks. The collaboration between the digital asset platform and the global transfer agent creates infrastructure for traditional securities to be tokenized and traded on-chain while maintaining regulatory
Market
Roundhill’s SEC filing set a May 5 effective date for its prediction market ETFs, which analysts say could pave the way for a launch next week.
Regulation
The FTC order ties Mashinsky’s $10 million payment to a mostly suspended $4.72 billion judgment that can be revived over asset disclosures.
Regulation
A US court sentenced Maximilien de Hoop Cartier to 8 years for operating an unlicensed crypto exchange that laundered more than $470 million.