Key Takeaways Paga partnered with Sui on May 7 to launch high-yield accounts and crypto rails for 1 billion people. Paga joins Flutterwave and Paystack in exploring blockchain for settlement, treasury and global payments Paga will use its $42 billion historical scale to roll out USDsui stablecoin yields and asset tokenization. A Roadmap for Digital
Kraken’s Etana fraud case alleges a Ponzi-like scheme diverted more than $25m in client funds. Summary Kraken parent Payward filed a second amended complaint in Colorado federal court accusing Etana Custody and CEO Dion Russell of misappropriating over $25m in client funds. The complaint alleges Etana commingled custodial assets with operating funds, made risky bets
Bitcoin investors broadcasted horror onto social media and demanded someone go to jail for a supposed flash crash yesterday. Source link
OpenAI just split its voice AI into three distinct tools, and the move matters far beyond the world of chatbots. The company launched GPT-Realtime-2, GPT-Realtime-Translate, and GPT-Realtime-Whisper on May 7, each targeting a specific slice of real-time audio processing rather than cramming everything into one monolithic product. For crypto markets, the announcement landed like a
It’s a new lunar phase tonight, the Third Quarter. This means around 50% of the Moon is illuminated and we’re even closer to the New Moon. What is today’s Moon phase? As of Saturday, May 9, the Moon phase is Third Quarter. Tonight, 56% of the moon will be be lit up, according to NASA’s
Key Takeaways Traditional firms are expanding their presence as crypto prediction markets attract deeper liquidity. Retail activity helped draw market makers, institutions, and larger deposits into event contracts. Regulatory disputes may shape how prediction markets enter broader financial infrastructure. Traditional Finance Builds Crypto Prediction Market Rails Major exchanges and financial firms are accelerating work on
The impact on crypto prices was quite minimal compared to the ceasefire between Iran and the US. US President Donald Trump announced on his social media platform that the two warring parties in Europe, Russia and Ukraine, have agreed to a three-day ceasefire. Bitcoin’s price reacted to the news positively, but in a more
Prominent Bitcoin Core developers and influencers were laughing while describing a denial of service (DoS) attack against Knots nodes. Source link
Kalshi’s valuation has hit $22bn after a $1bn Series F led by Coatue, doubling its worth in just five months. Summary Kalshi raised $1bn in a Series F round led by Coatue at a $22bn valuation, doubling the $11bn it achieved just five months ago. Institutional trading volume on the platform surged 800% in six
Key Takeaways Peirce said regulators should understand evolving markets before deciding whether new rules are needed. Retail investors continue trading crypto, metals, ETFs, and perpetual futures through simplified digital platforms. Jurisdiction limits may shape future SEC oversight as crypto-linked investment products continue expanding. ETF Access and SEC Authority Shape Crypto Debate Securities and Exchange Commission