Author: WebDesk

All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders. Mike Novogratz said the US CLARITY Act will likely move to committee in the first week of May. He argued the bill is important for both parties and said it could open the door to tokenizing major private companies. Mike Novogratz is still betting that Washington gets its crypto market structure bill over the line soon, even after a week that left much of the industry frustrated. Speaking on a podcast with SkyBridge Capital founder Anthony Scaramucci, the Galaxy Digital chief said the CLARITY Act…

All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders. Babylon Foundation said it will deposit $3 million in USDT into Aave, with $2 million going to V3 and $1 million to V4. Any interest earned will be returned to the ecosystem through Aave x Babylon incentives aimed at supporting both recovery and future adoption. Babylon Foundation is putting fresh capital into Aave at a moment when confidence in DeFi liquidity still feels a little fragile. In a post on X, the foundation said it will deposit $3 million in USDT into the lending protocol,…

All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders. Western Union says its Solana-based stablecoin USDPT is expected to launch next month, initially for settlement with agent partners. The company also plans a consumer-facing “Stable Card,” signaling a broader push into stablecoin-based payments beyond back-end infrastructure. Western Union is preparing to enter the stablecoin market directly, and it is doing so with a two-step strategy that starts in the back office before moving to consumers. During its first-quarter earnings call on April 24, chief executive Devin McGranahan said the company’s Solana-based stablecoin, USDPT, is…

Felix Pinkston Apr 27, 2026 03:38 Aave urges Arbitrum to unfreeze $73M in stolen ETH, aiming to restore rsETH backing after the $292M Kelp DAO hack. Aave Labs has formally requested that Arbitrum’s decentralized governance unfreeze $73.5 million in Ether (ETH) tied to the April 18 Kelp DAO exploit. The funds, currently locked by the Arbitrum Security Council, are intended to be redirected to “DeFi United,” a recently established recovery fund aimed at compensating holders of rsETH, the hacked restaked Ether token. The Kelp DAO hack, which drained $292 million in rsETH, exploited…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure XRP has entered the final stretch of April with one of its strongest on-chain accumulation signals of the year. Data from Santiment shows that 34.94 million XRP left exchanges in a single 24-hour period on April 24, making it the sixth-largest exchange outflow day recorded so far in 2026. The move comes as XRP is trading around $1.43, having clawed back from the $1.30 levels that defined much of early April.  Millions Of XRP Leave Exchanges In Major On-Chain Signal Exchange outflows measure the volume of tokens…

Key Takeaways: Aave froze rsETH reserves within hours of the April 18 Kelp DAO exploit, which created up to $230.1 million in bad debt. DeFi United raised $160M by April 25, with Mantle and Aave DAO pledging 55,000 ETH combined. Governance votes on Aave DAO’s 25,000 ETH contribution are ongoing as the protocol works to fully restore rsETH backing. DeFi United Raises $160M to Backstop Aave The exploit began at 17:35 UTC, at Ethereum block 24,908,285. Attackers targeted Kelp DAO’s Layerzero V2 bridge on the Unichain-to-Ethereum rsETH route, which was configured as a 1-of-1 DVN with no additional verifiers. They…

Lawrence Jengar Apr 26, 2026 22:37 Crypto investor Michael Terpin forecasts Bitcoin’s bottom at $57K in late 2026, citing historical price cycles and macroeconomic pressures. Bitcoin’s (BTC) price could see further downside, bottoming out around $57,000 by October 2026, according to crypto investor and author Michael Terpin. The prediction, shared with Cointelegraph, is based on historical price patterns that suggest a typical market cycle drawdown of about one year following a peak. Terpin pointed to Bitcoin’s last all-time high of over $126,000 in October 2025 as the market cycle top. He expects the…

According to an on-chain analyst, Bitcoin has been witnessing a shift in investor behavior in one of its major markets, the United States. This shift in its market dynamics, according to the market pundit, might be key to sustaining the flagship cryptocurrency’s ongoing rally.  Coinbase Premium Flips Positive Following Prolonged Weakness  In the 25th April post on X, Darkfost highlighted that the US institutional and professional investors are back in the Bitcoin market, with the price seemingly poised to climb further. The relevant indicator here is the Hourly Coinbase Premium metric.  Related Reading For context, this metric tracks the hourly…

UTXO Management, a subsidiary of Nakamoto Inc. (NASDAQ: NAKA), announced the formation of UTXO Preferred Income Strategies LP, a Delaware limited partnership structured to provide access to income from preferred digital credit securities.  The fund introduces a dual-class structure designed to serve different allocator objectives within a single vehicle. The structure includes a Senior Income Class and a Total Return Class. The Senior Income Class targets a fixed annual coupon paid monthly as return of capital sourced from preferred dividend streams, according to a company release. Distributions flow first to this class, ahead of fees and junior allocations. The structure…

Ted Hisokawa Apr 26, 2026 19:31 Michael Saylor hints at increasing Strategy’s Bitcoin treasury, which already surpasses 815,000 BTC, valued at $63.6B. Michael Saylor, co-founder of Strategy, has hinted at yet another Bitcoin (BTC) purchase as the company continues its aggressive acquisition strategy. In a tweet over the weekend, Saylor shared a chart of the company’s 107 BTC transactions since 2020, a move that has historically preceded new purchases. Just days ago, Strategy disclosed the acquisition of 34,164 BTC for $2.5 billion, bringing its total holdings to 815,061 BTC. As of now, the…