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Bloomberg Finds Signs Trump-Linked World Liberty Financial Made Private Token Sales

Signs have emerged that World Liberty Financial, the cryptocurrency project involving U.S. President Donald Trump’s family, sold tokens to investors in private. Bloomberg reported on May 1 that World Liberty Financial privately sold 5.9 billion token

Iran Sends New Negotiating Proposal to US Through Pakistan

Iran has sent a new negotiating proposal to the US, according to a report. Iran’s state-run IRNA news agency, citing a source, reported on May 1 that Tehran delivered the proposal through Pakistan in an effort to end the war with the US.

Bitcoin Surpasses $78,000

Tether Posts $1.04 Billion First-Quarter Net Profit

Tether, the issuer of the fiat-backed stablecoin USDT, said on May 1 that its first-quarter net profit exceeded $1 billion. According to Tether’s attestation report for the first quarter of 2026, the company posted about $1.04 billion in net profit.

Arbitrum Governance Opens Vote to Unfreeze $71 Million in Ether for Kelp DAO

Arbitrum governance has opened a vote to release about $71 million worth of Ether as the DeFi industry works to help Kelp DAO recover from a hack in April. On May 1, Aave Labs, Kelp DAO, LayerZero, Ether.fi and Compound submitted a joint proposal ask

Bitcoin Holdings at Top 10 Centralized Exchanges Rise Above 2.85 Million, With Upbit Fourth

Major centralized crypto exchanges worldwide held more than 2.85 million Bitcoin as of April 30. CryptoDep wrote on X on May 1, citing data from Arkham Intelligence and CoinGlass, that the top 10 centralized exchanges held a combined 2,851,199 Bitcoi

Aptos-Based DEX Tapp Exchange to Shut Down, Urges Users to Withdraw by May 31

Tapp Exchange, a decentralized exchange built on Aptos, announced it will cease operations and shut down its service. In a post on its official channels on May 1, Tapp Exchange said it had decided to wind down the protocol in phases. The protocol wil

US Spot-Bitcoin ETFs Draw $2 Billion in April for Biggest Monthly Inflow of 2026

US spot-Bitcoin exchange-traded funds posted their biggest monthly net inflow of the year in April. Cointelegraph reported on May 1, citing SoSoValue data, that spot-Bitcoin ETFs recorded combined net inflows of $1.97 billion in April. That was sharp

UK Said to Slow Digital Pound Project as It Waits for Private-Sector Innovation

The UK Treasury and the Bank of England are poised to hold off on introducing a digital pound, Bloomberg News reported. UK authorities are considering a middle-ground option that would slow the project rather than approve or scrap it, according to pe

Brazil Central Bank Bans Crypto Use in Cross-Border eFX Transfers

Brazil’s central bank, Banco Central do Brasil, has barred the use of virtual assets, including cryptocurrencies, in the Electronic Foreign Exchange system, or eFX, used for cross-border payments and remittances. Cointelegraph reported on May 1 that

UAE Says Iran’s Unilateral Control of Strait of Hormuz Can’t Be Trusted

Anwar Gargash, diplomatic adviser to the president of the United Arab Emirates, on May 1 sharply criticized Iran’s push to control the Strait of Hormuz. In a post on X, Gargash said Iran’s unilateral move could never be trusted, accusing Tehran of ca

Riot Platforms Reports $167.2 Million in First-Quarter Revenue, With AI Data Center Unit Posting Initial Sales

Riot Platforms reported first-quarter results. The Block reported on May 1 that Riot Platforms posted total revenue of $167.2 million for the first quarter. Revenue from its core Bitcoin mining business was $111.9 million. Mining revenue declined fro

Solana DeFi Protocol Carrot to Shut Down After Drift Hack Fallout

Carrot, a decentralized finance protocol on Solana, said it will shut down after suffering severe damage from the Drift hack. Cointelegraph reported on May 1 that Carrot wrote on social media that the incident had dealt a critical blow to the project

Spot Bitcoin ETFs Draw $23.5 Million in Net Inflows

Spot Bitcoin exchange-traded funds returned to net inflows. Farside Investors data showed the funds posted net inflows of $23.5 million on May 30. BlackRock's IBIT and Fidelity's FBTC recorded net inflows of $19.1 million and $26.6 million, respectiv

Strategy Keeps STRC Preferred Dividend Rate at 11.5% for May

Strategy, the largest corporate holder of Bitcoin, has set the May dividend rate on its STRC preferred stock at 11.5%. CoinDesk reported on May 1 that the annualized rate was unchanged from the previous month. The decision extends STRC's 11.5% divide

Bitcoin’s April Gain Was Driven by Perpetual Futures, Leaving Risk of Further Declines: CryptoQuant

Bitcoin rose in April, but the token may face further declines if spot demand does not recover, according to a CryptoQuant analysis cited by Cointelegraph on May 1. CryptoQuant said in a report that Bitcoin’s roughly 20% advance during April, from $6

Bitcoin Education Group Launches AI Tool to Counter Baseless FUD

An open-source artificial intelligence tool aimed at correcting fear, uncertainty and doubt, or FUD, surrounding Bitcoin has been launched to generate answers based on scientific evidence. Cointelegraph reported on May 1 that Bitcoin education platfo

AhnLab Blockchain Company Wins South Korea Virtual Asset Business License

AhnLab Blockchain Company, the blockchain subsidiary of South Korean cybersecurity firm AhnLab known as ABC, has obtained a virtual asset service provider, or VASP, license from the country’s financial authorities, Byline Network reported on May 1. A

SBI Holdings Moves to Acquire bitbank as Japan Crypto Consolidation Accelerates

SBI Holdings is in talks on a capital and business alliance aimed at acquiring cryptocurrency exchange bitbank, according to foreign media reports. BlockBeats and other outlets reported on May 1 that SBI Holdings had submitted a letter of intent to a

Bitcoin Chart Mirrors 2022 Bear Market, Signaling Risk of Further Declines

Bitcoin is forming a pattern similar to the one seen at its 2022 bottom, according to crypto analyst Ali Martinez. In a post on X on May 1, Martinez wrote that Bitcoin is moving in a way that closely resembles the 2022 bear market. If the pattern con

Investors Flock to ‘Crimecoins’ as Altcoin Slump Deepens, With RAVE Surging 100-Fold Before Crash

As the altcoin market remains mired in a slump, so-called “crimecoins” that post sharp short-term gains are drawing investor attention. The term combines “crime” and “coin” and refers to cryptocurrencies suspected of scams, including price manipulati

Axelar, XRPL Korea Complete Won Stablecoin PoC With Hana Financial TI

Axelar and XRPL Korea said April 30 that they had completed a proof of concept with Hana Financial TI for a won-denominated stablecoin's issuance, circulation and settlement structure. The companies said the PoC verified the feasibility of the stable

DSRV Lays Out AI Agent Payments Infrastructure, Betting AI Will Become an Economic Actor

DSRV, a global Ethereum validator, unveiled detailed plans for a payments infrastructure built for AI agents, arguing that a new financial system will be needed if AI becomes an economic actor in its own right. Speaking at the "DeSeRVe All 2026: Web3

Financial System Still Inefficient, Blockchain Infrastructure Innovation Needed, DSRV Executive Says

"Content and information can now be distributed in real time at low cost, but the financial system still relies on decades-old closed infrastructure. Blockchain can overcome those limitations." Byung-yoon Seo, co-chief executive officer of DSRV, made

Lucentblock Receives Social Venture Certification in South Korea

Lucentblock, operator of tokenized securities platform Soyo, said Wednesday it had received social venture certification from South Korea's Ministry of SMEs and Startups. The ministry grants the certification to companies that contribute to society t

Tokenizing Jeonse Deposits Could Help Prevent Rental Fraud, Professor Says

Tokenized securities, or STOs, should be used to help tackle jeonse fraud, one of South Korea’s most persistent social problems, according to a policy proposal presented at a forum on April 28. The approach would increase liquidity in the jeonse mark

Democratic Party Lawmaker Ahn Says Real Estate Should Be Opened to All Through Tokenized Securities

Democratic Party lawmaker Ahn Do-geol said tokenized securities, or STOs, should be considered a tool to transform South Korea’s real estate market. Ahn, a member of the National Assembly’s Strategy and Finance Committee, made the remarks on April 28

Pantera Says Stablecoins May Become Core Financial Infrastructure, Sees Growth in Non-Dollar Tokens

Pantera Capital, a global crypto venture capital firm, said stablecoins — cryptocurrencies pegged to fiat currencies — could become a core part of the next generation of financial infrastructure. On April 27, Nihal Munder, a partner at Pantera Capita

Ethereum Foundation Sells 10,000 Ether to BitMine at $2,387 Each

The Ethereum Foundation has sold 10,000 Ether to BitMine, a publicly traded company that holds Ether in reserve. The foundation announced on X on April 24 that it had decided to sell the tokens to BitMine at $2,387 each. It said the sale was intended

US Justice Department Said to End Powell Probe Soon, ABC Reports

The US Justice Department is preparing to end its investigation into Federal Reserve Chair Jerome Powell, ABC News reported. ABC said on April 24, citing multiple sources, that the department could close the probe as early as that day. Powell has bee