Crypto

With 6.14 billion queries processed and $210,200 in combined query‑fee and Substreams revenue, The Graph sustained developer engagement in Q1 2025. Active Subgraphs rose to 12,402 (+9.8% QoQ) while indexing rewards reached 77.9 million GRT. Key launches such as Substreams, the Token API beta, and the Indexer Score, plus the passage of GIP‑0061 and new chain integrations (e.g., ZetaChain, Polygon zkEVM), set the stage for broader cross‑chain indexing and enhanced ecosystem incentives.

Polygon concluded Q1 2025 with advancements across its ecosystem, anchored by the activation of pessimistic proofs on the Agglayer mainnet. This milestone established a foundational security mechanism for cross-chain interoperability, enabling integrations with Tria, SOCKET Protocol, Karate Combat, and Rome Protocol. Agglayer’s roadmap remains active, with multistack support and fast finality features slated for later in the year, positioning it as a key enabler of secure, low-latency blockchain interoperability. On the network side, Polygon PoS experienced moderate growth in activity, with daily active addresses rising 4.4% QoQ and daily transactions increasing 8.0% QoQ. The stablecoin sector emerged as the leading category by active addresses on Polygon PoS, growing its supply by 23.3% QoQ to $2.0 billion, while DeFi and NFT activity also rebounded. Notable developments included a 68.2% QoQ increase in daily NFT trading volume, primarily driven by the surge in tokenized assets like Pokémon NFTs through Cour...

BTC retreats, Nvidia considering BTC treasury, SOL fixes zero-day FOMO HOUR EP350 BTC hits $97.9k then underperforms. Nvidia considering BTC treasury. Arizona governor vetoes BTC bill. Saylor hints at another BTC purchase. Trump reiterates support for crypto. SOL fixes zero-day exploit. Goldman Sachs to offer tokenised treasuries. US unlikely to increase BTC holdings: Hayes. Two key crypto policy leaders of IRS exit. Tether to launch AI project. Vitalik wants to speed up ETH by 100x. Bybit to launch tradfi trading . Brown University invests in BTC ETF. Whale who held 76k ETH in 2015 ICO sells all. Deribit to expand to US. $8.8b crypto hub to be built in Maldives. EU investigating OKX in Bybit hack case. EU to ban anon crypto, privacy tokens from 2027. Kyrgyzstan to launch gold backed stablecoin. FOMO HOUR brings you the biggest daily news, updates and events from inside and outside of the crypto and macro spheres! Join hosts Farokh, Mando and Tyler as they cover some of the biggest topics at present with some...

This report explores the emerging approach of "perpification"—offering synthetic exposure to real-world assets (RWAs) via perpetual futures rather than traditional tokenization. It examines current usage patterns across platforms like Ostium and Gains Network, highlighting that demand for RWA perps remains limited relative to crypto-native markets. The report also analyzes the structural constraints of peer-to-pool exchange models, particularly around directional risk and liquidity scaling, and evaluates the oracle layer as the most differentiated and potentially enduring component of these protocols. Ultimately, it questions whether current designs are well-positioned for long-term adoption or if significant architectural changes will be required as competition and expectations evolve.

In an exclusive interview, Rug Radio's Farokh Sarmad sits down with Changpeng Zhao, known by many as "CZ," Binance's founder and former CEO. They discuss CZ's time in jail, its hardships and lessons, his thoughts on the second Trump presidency, and how he's feeling about the crypto space in general.

Tokenization alone does not create value. Without integration into crypto-native systems where assets are liquid, composable, and actively used, most RWAs will remain static representations rather than functional components of a larger financial network. Stablecoins proved that adoption follows utility, rather than the other way around. Stablecoins succeeded because they solved real problems for crypto users, not because they resembled familiar financial instruments. Plume is built with that principle in mind. By focusing on infrastructure, applications, and community, it aims to create an environment where tokenized real-world assets can be used from day one. Rather than porting traditional finance onchain, the goal is to enable new types of financial activity that emerge because assets are onchain — not in spite of it. The result is not just tokenized RWAs, but usable onchain assets that align with how crypto actually works.

Boba Network’s Q1 2025 performance showed diverging trends, with usage consolidating on Boba Ethereum while financial metrics declined. BOBA’s market cap fell 50.5% QoQ to $42.3M, and revenue dropped 68.4% to $1,624. Boba Ethereum drove 93% of transactions and saw daily active addresses rise 24.9% QoQ, while DeFi TVL fell 30.8% to $1.8M. Key developments included the Boba DeFi Journey, Nucleus deployment, Flipside integration, and mainnet upgrades to support Ethereum’s Pectra update.

Users’ hot wheel NFT collections and the Mattel Digital Collectibles Marketplace will continue operating as usual through 2025, while the company evaluates what to do next. Toymaking giant Mattel is putting the brakes on its Hot Wheels Virtual Garage non-fungible tokens, pending a decision on the collection’s future. There will be no future releases of any new NFT series or feature drops for the “foreseeable future,” Mattel said in an update on its website. The company said it will decide on the “long-term future” of Mattel digital collectibles. “Your unwavering support and enthusiasm for the Hot Wheels Virtual Garage has been legendary, and we’re incredibly grateful to have been on this journey with you,” the company said. Read more

Five suspects were arrested after severing a victim's finger in the latest "wrench attack" involving attempts at crypto extortion.

Arizona’s Governor has vetoed a bill that would have allowed public retirement funds to invest up to 10% in Bitcoin.

Bitcoin gave up some of its recent gains, but select altcoin charts still look poised for a breakout. Key points: Bitcoin’s positive sentiment should remain intact if BTC price stays above the 20-day EMA near $92,000. Several altcoins show bullish chart patterns in the 4-hour and 1-day timeframes. Read more

The South Korean Presidential race is set to take another Bitcoin (BTC)-themed turn after the ruling People Power Party named former labor minister Kim Moon-soo as its candidate in June 3’s election. The post South Korean Presidential Hopeful Wants to Let State Pension Fund Buy BTC appeared first on Cryptonews.

Ethereum and BNB Chain bear the brunt, representing 60% of April's hacks, with Base emerging as a new hacker target with a 20% share.

French law enforcement officers freed the man after raiding a property in a Paris suburb where he was held captive for ransom. The father of an unnamed crypto entrepreneur was freed by police in Paris, France, during a law enforcement raid of the property where the man was held captive for ransom over several days. According to reporting from Le Monde, the May 3 raid resulted in five arrests. Local outlet Le Parisien also said the kidnappers demanded between 5 million and 7 million euros, or up to $7.9 million, to release the captive man. Although the details on the identity of the victims remain scant, likely for security reasons, the crypto entrepreneur and his father co-owned a crypto marketing firm based in Malta, French media reports. Read more

A group of nine Democratic Senators announced that they will withdraw their support for the landmark U.S. stablecoin legislation unless changes are made to the bill. In a joint statement issued on May 3, the Senators noted that there are several issues with the current version of the stablecoin bill known as the Guiding and […] The post U.S. stablecoin regulation could be delayed as pro-crypto Democrats pull support appeared first on CryptoSlate.

Cardano price hovers near $0.69 as whales scoop up 410M ADA in April. Will bullish demand push ADA through key $0.70 resistance? Find out the trade setup. The post ADA Price Tests Key Resistance: Whale Investors Amass 410 Million Cardano in April appeared first on Cryptonews.

Government officials hope the move can attract foreign investment into the Maldives, diversify its revenue streams, and alleviate its debt. The government of Maldives signed an agreement with MBS Global Investments, a Dubai-based family office, to develop a $9 billion crypto and blockchain hub in Malé, the capital of the South Pacific archipelago nation. According to a report from the Financial Times, the agreement, which was signed on May 4, was done in the hopes of moving the Maldives away from reliance on tourism and fisheries by attracting foreign direct investment into blockchain and Web3 technologies. The project outlines plans for the Maldives International Financial Centre, an 830,000-square-meter facility that will reportedly employ up to 16,000 individuals. Read more

The 3,520 BTC heist triggered a 50% Monero price spike as thieves converted funds through privacy coin's illiquid markets.

"There are always folks that want the hyperinflation hedge," one observer said, explaining the solid open interest build up in the $300K call option expiring on June 26.

Can DOGE defy the market sentiment and surge to a new all-time high?