Crypto

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

DPRK rejected cyber theft allegations and accused the United States of spreading false claims to damage its image and justify hostile policies.

GameStop's unsolicited $55.5 billion bid for eBay could give the video game retailer a far larger e-commerce platform, a broader resale network, and a potential opening to test whether Bitcoin can move beyond corporate treasuries into consumer payments. On May 4, GameStop offered $125 a share for eBay in a cash-and-stock proposal that values the […] The post If GameStop buys eBay, Bitcoin payments could suddenly have a 135M-buyer marketplace test case appeared first on CryptoSlate.

$XRP price prediction turns bullish. An XRP treasury company just named OpenAI CFO as independent directors ahead of Nasdaq listing The post XRP Price Prediction: OpenAI CFO Joins XRP Firm Ahead of Nasdaq Listing appeared first on Cryptonews.

NIST's CAISI evaluated DeepSeek V4 Pro using private benchmarks and a cost-comparison filter that excluded every US model except GPT-5.4 mini. Critics call the methodology convenient.

A new proposed bill aims to ease industry pressure while preserving safeguards for consumers.

Bitcoin has broken above the $79,500 level, backed by solid buying by institutional investors. Will the altcoins also follow? Key points: Bitcoin (BTC) opened the new week with a rally above $80,500, suggesting the bulls are attempting to take charge. Analysts are closely watching the $80,000 level, as some believe a failure to close above it could trigger a move toward $60,000.  However, crypto analyst Matthew Hyland said in a post on X that traders calling BTC’s fall to $60,000 and lower ‘will be the ones flipping bullish late above $90K.”  Read more

A new $200 million, 364-day bitcoin-backed facility replaces the Coinbase Credit arrangement, cutting debt costs by 200 basis points.

Whales now control around 11% of the meme coin's circulating supply.

Senators unveiled a Clarity Act compromise on the subject of stablecoin rewards. Crypto seems happy enough, but what about the banks?

The market is starting to price in potential winners as stablecoin yield compromise opens path for passing key U.S. digital asset regulation, one analyst said.

Remittance giant Western Union’s USDPT token will power cross-border payments and a consumer spending product launching in 40+ countries.

Tagging @grok in an X post plus a few dots and dashes was all that was needed last night for a bad actor to pickpocket a verified crypto wallet without ever touching the private keys. Agentic token launchpad, Bankrbot reported on May 4 that it had sent 3 billion DRB on Base to the recipient […] The post How one trader used morse code to trick Grok into sending them billions of crypto tokens from its verified wallet appeared first on CryptoSlate.