ZachXBT Flags Holder Concentration Concerns Tied to MemeCore

Onchain investigator ZachXBT publicly challenged MemeCore on Monday to justify the valuation and supply distribution of its M token, asking the project to explain its market cap and why “insiders hold >90% of supply.” “Please provide a single data point to support your $6B mkt cap at a top 20 token and why insiders hold…

Saylor’s Strategy Boosts Bitcoin Holdings Past 815,000 BTC

Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, has blasted past 800,000 BTC in total holdings after announcing its latest purchases. Strategy acquired 34,164 Bitcoin (BTC) for $2.54 billion between April 13 and 19, according to an 8-K filing with the US Securities and Exchange Commission on Monday. The buy ranks as Strategy’s third-largest…

Coinbase Expands Crypto-Backed USDC Loans to UK Users

Crypto exchange Coinbase has rolled out crypto-backed USDC loans for users in the United Kingdom, allowing users to borrow USDC against Bitcoin, Ether and Coinbase Wrapped Staked Ether (cbETH). The loans are issued through Morpho, a lending protocol on Base. According to a Monday announcement, users can borrow up to $5 million in USDC (USDC)…

Bitcoin vs Ethereum: Two Different Approaches to Quantum Threats

The quantum divide between Bitcoin and Ethereum Quantum computing has long been viewed as a distant, largely theoretical threat to blockchain systems. However, that perspective is now starting to change. With major technology companies such as Google establishing timelines for post-quantum cryptography, and crypto researchers re-examining long-held assumptions, the discussion is shifting from abstract theory…

BIS Warns on Stablecoin Risks, Urges Global Coordination

The Bank for International Settlements (BIS) general manager, Pablo Hernández de Cos, called for tighter global coordination on stablecoins Monday, warning that US dollar-denominated tokens could have “material consequences” for financial stability and economic policy if they grow large enough to rival traditional money.  Speaking at a Bank of Japan seminar in Tokyo, he said…

Bitcoin, ether, solana slide, oil jumps on renewed U.S.-Iran war risks

Bitcoin is absorbing the return of Middle East risk better than oil or equities. Bitcoin traded at $74,335 on Monday morning, down 1.6% over 24 hours but still up 4.8% on the week after the U.S. Navy seized an Iranian ship over the weekend and Tehran reimposed controls on the Strait of Hormuz. Ether slipped…

Saylor Hints at New BTC Buy, Strategy Eyes Semi-Monthly Dividends

Strategy co-founder Michael Saylor has hinted at another large Bitcoin purchase, just a week after the company disclosed that it bought around $1 billion of Bitcoin in the second week of April.  Strategy disclosed last Monday that it acquired 13,927 Bitcoin for $1 billion between April 6 and 12, at an average price of $71,902…

Virginia Updates Crypto Custody Law, Mandates In-Kind Holding

Virginia signed a law bringing digital assets into unclaimed property rules, requiring in-kind transfer and limiting how quickly the state can sell them. The US state of Virginia has approved changes to its unclaimed property framework, bringing digital assets under state custody rules while limiting how soon those assets can be sold. On Monday, Governor…

Bitcoin’s Negative Funding Rate Sticks While BTC Trades Above $75K

Key takeaways: Negative Bitcoin futures funding rates signal bear-market losses and forced liquidations rather than a shift in sentiment.  Institutional inflows into Bitcoin ETFs and corporate accumulation suggest that spot demand remains solid. Bitcoin (BTC) sold off in early trading hours at the US stock market open, briefly losing the $75,000 level before rebounding. This…

The $292 million Kelp crypto exploit: how it happened, and what it means for DeFi

A roughly $292 million exploit over the weekend has rattled the crypto industry, exposing vulnerabilities in decentralized finance (DeFi) infrastructure and raising concerns about knock-on effects across lending protocols. While investigations are still ongoing, early analysis suggests the attack centered on Kelp’s rsETH token — a yield-bearing version of ether (ETH) — and the mechanism…