Crypto

The partnership enabling conversion of digital assets into cash through MoneyGram’s global network follows a similar move by rival Western Union. Kraken has teamed up with MoneyGram to let users convert crypto into cash for pickup across more than 100 countries, expanding access to off-ramps through its global retail network. According to Tuesday’s announcement, Kraken users will be able to convert digital assets into local currency and collect cash instantly or near-instantly through MoneyGram’s payout network, which supports hundreds of fiat currencies. The service will roll out in phases across regions including the US, Europe, Latin America, Africa and parts of Asia-Pacific, with plans to add bank deposits and cross-border payouts later. Read more

The deal adds a Solana-based trading infrastructure platform that has processed more than $50 billion in volume and aggregates liquidity across multiple venues. MoonPay has acquired DFlow, a trading infrastructure provider on Solana that routes and executes transactions across multiple liquidity sources. Financial terms were not disclosed, though Fortune reported the deal was valued at around $100 million in stock, citing two sources with direct knowledge of the matter. DFlow has processed more than $50 billion in trading volume on Solana since 2025, including over $12 billion in the first quarter of 2026, according to Tuesday's announcement. The platform supports more than 1 million users across 500 applications. Read more

The platform, however, rejected any wrongdoing. Tokenlon explained that it does not custody funds and that all transactions remain publicly traceable on-chain.

Haun Ventures founder Katie Haun said AI will “increasingly begin to conduct economic activity on our behalf," and services will need to adapt for that world. Haun Ventures has raised $1 billion to back early- and late-stage crypto startups, while expanding into artificial intelligence for the first time. The funds will focus on three areas: crypto financial infrastructure, tokenization and AI agents. The firm's founder, Katie Haun, called these areas the “new economy.”  “I’ve been following the flow of assets my entire career, and this is the most dynamic period in technology and finance I’ve ever witnessed,” said Haun, a former US government prosecutor turned crypto executive, in a blog post on Monday. Read more

The new wallet feature hides senders, receivers and amounts onchain while maintaining compliance through know your transaction screening and auditable files. Ethereum scaling solution Polygon has launched private stablecoin payments in an effort to attract more businesses and institutions to the chain.  In a statement on Sunday, Polygon introduced its new wallet feature that enables users to privately route transactions through a shielded pool, with verification handled by zero-knowledge proofs. The move is part of an integration with privacy protocol Hinkal. “For onchain payments to go mainstream, businesses need privacy. Not ‘hide from regulators’ privacy. Operational privacy,” noted Polygon community lead Smokey on X.  Read more

Bitcoin is trading above $80k as the first full week of May opens, pressing against the upper boundary of that supply zone that has been the defining ceiling of the recovery. With the 100-day moving average now clearly reclaimed, the structure is the most constructive it has been since the cycle peak, and the on-chain […]

Aave argued that a thief doesn’t gain lawful ownership of property by stealing it and that Gerstein Harrow’s legal argument “defies logic, common sense and the law.” Decentralized finance protocol Aave filed an emergency motion on Monday in New York to vacate a restraining notice from a US law firm aimed at blocking Arbitrum DAO from transferring 30,766 frozen Ether to the victims of the Kelp exploit.  Gerstein Harrow LLP served Arbitrum DAO with a restraining notice on Friday, arguing its clients are owed over $877 million in default judgments against North Korea. The law firm claims the North Korean hacker group behind the Kelp exploit had possession of the tokens, giving its clients a legal claim over the Ether. Aave filed the emergency motion in a New York district court, arguing that a thief doesn’t gain lawful ownership of property by stealing it. It also argued that North Korea is only suspected of being part of the theft, and that the law firm's argument “defies logic, common sense and the law.” Read ...

Bitcoin’s recent rally to $80,000 amid improving BTC miner and options markets metrics could create a clear path to $85,000. Key takeaways: Bitcoin (BTC) surged to $80,000 for the first time in three months on Monday, triggering $270 million in liquidations across leveraged short (sell) futures contracts. This positive momentum for Bitcoin coincided with tech stocks jumping to an all-time high, signaling a broad risk-on environment. Currently, three key indicators point to further upside momentum for Bitcoin. Read more

What crypto hacks? North Korea denies “unfounded” allegations. Upbit’s official bank partner to trial remittances with Ripple. Asia Express.

World Liberty Financial claimed Sun engaged in defamatory tactics and prohibited token transfers, including shorting the WLFI token and conducting straw sales on behalf of others. World Liberty Financial filed a defamation lawsuit against Tron founder Justin Sun in Florida, escalating a legal fight between the Trump family-linked crypto platform and one of its largest investors. The lawsuit, filed Monday in the Eleventh Judicial Circuit Court for Miami-Dade County, accused Sun of making false public statements about World Liberty and violating WLFI token-sale terms through alleged prohibited transfers, short-selling and straw purchases. The lawsuit also accused Sun of spreading defamatory statements surrounding the crypto platform, demanding a court-ordered retraction and compensation from the founder. Sun denied the allegations in a Monday post on X, calling the lawsuit a “meritless PR stunt” and saying he looked forward to defeating the case in court. Read more

OpenMythos is a from-scratch attempt to reconstruct the architecture behind Claude Mythos, the cyber-capable model Anthropic refuses to release. It's speculation in code form.

A federal case over frozen crypto could determine whether DeFi recovery funds can be seized to satisfy unrelated judgments.

With $114 trillion in custodied liquid assets, Depository Trust & Clearing Corporation looks to position tokenization as future of existing financial system. The Depository Trust & Clearing Corporation (DTCC) plans to pilot trading of tokenized securities in July with a goal of a full service launch in October. The post-trade market infrastructure giant said Monday that more than 50 TradFi and DeFi firms will play a role in the design and deployment of the service. That DTCC Industry Working Group includes Alpaca, Anchorage Digital, BitGo Bank & Trust, BlackRock, Circle and Fireblocks, along with some of the biggest banks in the country. Source: DTCC Read more

Coinbase argued that Rule 40.11 is being applied as a blanket ban when the actual statute requires two separate determinations.

K Wave Media is shifting $485 million in funding from its Bitcoin treasury strategy towards an AI infrastructure play.

Crypto markets turned euphoric as BTC traded above $80,000, but a rally through short-term holders’ cost basis is needed to cement the bull trend. Bitcoin (BTC) reached a new three-month high of $80,500 on Monday, testing the level for the first time since Jan. 31. The rally above $80,000 puts the price just below short-term holders' cost basis of $81,486, the next dynamic resistance level. For the rally to continue, a daily close above this level is key to securing $80,000 as support.  Bitcoin’s rally to $80,000 places the price directly under the short-term holder's realized price of $81,486. This metric reflects the average cost of coins moved over the last 155 days and indicates where recent buyers have flipped from loss to profit. A daily close above $81,500 would return these holders to profit and reduce sell-side pressure. According to crypto analyst Crazyyblockk, the short-term holder losses have narrowed to about -2.17%, showing that the overhead supply band is thinning. The long-term holders (LTHs) ...

Katie Haun’s venture firm closes a $1 billion fund to target crypto infrastructure and systems for AI agents to transact autonomously.

A new open-source script swaps Claude Code's expensive Anthropic backend for DeepSeek V4 Pro, OpenRouter, or Fireworks AI—keeping the agent loop, slashing the bill.

The video game retailer’s proposed acquisition plan revives question on whether its $368 million bitcoin stash could be sold to fund the expansion.

Tether’s XAUt tops $3.3 billion as gold reserves reach 154 tons, with demand rising amid geopolitical tensions and shifting expectations for Federal Reserve policy. Tether’s tokenized gold product, Tether Gold (XAUt), saw reserves expand sharply in the first quarter as investor demand for bullion increased amid macroeconomic uncertainty ahead of the Iran war. In its latest report, Tether said XAUt surpassed $3.3 billion in market capitalization during the first quarter, representing a 36% increase over the period. The company disclosed that 707,741 XAUT tokens were in circulation at the end of the quarter, with each token backed by one troy ounce of physical gold held in reserve. Read more