Across much of India, an energy crunch caused by the Iran war has prompted long queues for cooking gas cylinders. That’s not a problem for Gauri Devi. On a stove with blue flames, she flips a chapati flatbread, burning biogas produced from cow dung — an alternative fuel helping ease pressure on supplies. This photograph taken on April 24, 2026 shows villager Gauri Devi cooking using biogas at her residence in Uttar Pradesh’s Bulandshahr district. —AFP “It cooks everything,” the 25-year-old said in her courtyard kitchen in Nekpur, a village in Uttar Pradesh, about 90 kilometres (55 miles) from New Delhi. “If the pressure goes down, we let it rest for half an hour and it works again.” India consumes more than 30 million tonnes of liquefied petroleum gas (LPG) annually, importing over half its needs. The government insists there is no shortage of cooking gas, but supply delays, panic buying and black marketeers have created long queues for cylinders. This photograph taken on April 24, 2026 shows people waiting w...
Bakkt announced the deal in January, which was originally for 9.3 million shares, along with a corporate name change to Bakkt Inc. Digital asset company Bakkt completed its acquisition of stablecoin infrastructure firm Distributed Technologies Research (DTR) through an equity-based transaction as part of its bid to create a digital settlement layer. Bakkt CEO Akshay Naheta said on Thursday that the deal aims to combine Bakkt’s institutional infrastructure with DTR’s native artificial intelligence payments engine and stablecoin technology to create a 24/7 digital settlement layer. “The architecture of money movement rarely evolves at this level,” he said. “This transaction accelerates the re-platforming of global financial infrastructure. By fully integrating DTR's technology, we are introducing stablecoin functionality as a critical bridge between legacy financial systems and the next generation of digital assets.” Read more
The card links self-custodied wallets to Mastercard rails, allowing AI agents to spend stablecoins at checkout without preloading funds or moving assets offchain. MoonPay is launching a virtual debit card that allows users and AI agents to spend stablecoins directly from self-custodied onchain wallets at merchants that accept Mastercard, using real-time crypto-to-fiat conversion at checkout. The card, developed with Monavate and Exodus Movement, Inc., connects onchain wallets to traditional card rails, enabling transactions without preloading funds or transferring assets offchain, with smart contracts authorizing spending at the point of purchase. Available through MoonPay’s CLI and agent workflows to users in the UK and Latin America, the card is designed for programmatic use, allowing users to delegate spending permissions to AI agents, with identity verification required before issuance, the company said. Read more
The top stablecoin issuer’s balance sheet remains heavily concentrated in US Treasuries as stablecoin adoption expands across emerging markets. Stablecoin issuer Tether (USDT) reported $1.04 billion in net profit for the first quarter of 2026, as its excess reserves rose to a record $8.23 billion, according to its latest attestation on Friday. The company said its reserves remain heavily concentrated in US Treasuries, with around $141 billion in direct and indirect exposure, while total assets of about $191.8 billion exceeded liabilities of approximately $183.5 billion as of March 31. Tether said this level of exposure makes it the 17th largest holder of US Treasuries globally. Beyond Treasuries, reserves included about $20 billion in physical gold and $7 billion in Bitcoin (BTC). Read more
Futures drove up Bitcoin's price in April while spot demand declined, which CryptoQuant warned has historically preceded extended price declines. Bitcoin could be setting up for a multimonth price decline, after a rally in April driven mainly by futures traders while spot demand declined, according to the crypto analytics firm CryptoQuant. Bitcoin gained around 20% in April, rising from $66,000 to a peak of $79,000 in a rally “driven entirely by growth in perpetual futures demand,” CryptoQuant said in a report on Thursday. Meanwhile, spot demand for Bitcoin contracted throughout the rally, “indicating that the market’s marginal buyer was speculative, not fundamental,” it said. Read more
The Bitcoin FUD-stopping tool cites over 22 peer-reviewed research papers to address common misconceptions about Bitcoin. A group of Bitcoiners has launched a new open-source AI tool that generates evidence-based responses to misconceptions about Bitcoin’s environmental impact, energy use and its role in the financial system. Nordic-based Bitcoin education platform Bitcoin Beyond 66 said it built “The Bitcoin Evidence Base” at a time when there is a “growing body of peer-reviewed research” showing the environmental benefits of Bitcoin mining, but “outdated data, methodologically weak studies, or plain lack of knowledge” continue to negatively shape public perception. The database seeks to offer users quick access to relevant, evidence-based information about Bitcoin mining and related topics so they can share it with social media posters who have knowingly or unknowingly spread incorrect information about Bitcoin. Read more