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The Bitcoin (BTC) price just dropped to 2 cents for some Revolut users

Some Revolut users saw bitcoin briefly appear well below market prices on Friday, with app charts showing a sudden dip before falling back near prevailing levels in what appeared to be either a price display issue or a liquidity-related dislocation. Revolut’s official bitcoin page shows that BTC was briefly marked around £29,414 on Revolut’s one-day […]

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Arbitrum Approves $71 Million ETH Release Despite US Seizure Fight

Arbitrum delegates approved the release of $71 million in ether frozen after last month’s Lazarus-linked rsETH exploit, creating a direct clash between decentralized governance and an active US court battle over who owns the funds. The on-chain vote, which closed Friday afternoon Hong Kong time with more than 90% support, approves the release of 30,765

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Perp DEXs Still Don’t Work for Institutions, Consensus Panelists Explain Why

Institutional investors have increasingly gained exposure to bitcoin BTC$79,491.96 and other major tokens through ETFs and centralized exchanges. However, they have largely stayed away from decentralized exchanges (DEXs) that offer perpetual (perp) futures tied to crypto and tradfi assets, panelists at Consensus Miami said, citing security risks and a mismatch between DeFi’s permissionless design and

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AI agents could solve crypto’s user problem

The crypto industry’s embrace of AI is less about chatbots and more about building financial infrastructure for autonomous machines, says Chappy Asel, a former Apple engineer and founder of AI nonprofit The AI ​​Collective. Speaking at Consensus Miami, Asel, founder of The AI ​​Collective, a global nonprofit AI community with more than 200,000 members across

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Bitcoin Falls to $79,000, DOGE Leads Big Losses as Negative Funding Rates Set 10-Year Record

The longer funding rates remain red, the higher the short squeeze will be. Bitcoin BTC$79,605.80 traded at $79,614 in Asian hours on Friday, down 1.6% over 24 hours but still up 3.3% on the week, having retreated from Wednesday’s high of $81,500, which was the most pressure since late January. Ether fell 2% to $2,278,

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Bitwise Goes into Tokenization in Takeover of Superstate’s $267 Million ‘Carrying Fund’

Crypto asset manager Bitwise is entering the fast-growing market of tokenized funds for the first time through a planned acquisition of Superstate’s crypto carry fund. Bitwise intends to assume investment management responsibilities for the Superstate Crypto Carry Fund, known by its ticker USCC, on June 1, the firms said on Thursday. The fund will be

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Vitalik Buterin gets pinched by ‘JaredfromSubway’ as Ethereum MEV risks hanging

The MEV gods do not discriminate. Vitalik Buterin, Ethereum’s co-founder and a vocal proponent of setting toxic maximum extractable value, was hit by exactly the kind of attack he has campaigned against, blockchain data from earlier this week shows. Data shows that a transaction by Buterin on April 30 was squashed by the bot at

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BTC tests Bollinger Bands breakout as its creator turns bullish

The creator of the popular technical analysis indicator Bollinger Bands has taken a position in bitcoin, an asset on which his own indicator is currently flashing bullish. John Bollinger, who developed the indicator in the 1980s, said in an X post that one of his investment fund’s proprietary trading models had turned positive on bitcoin

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Kalshi confirms $1 billion raise valuing company at $22 billion amid predictable market boom

Prediction market platform Kalshi said it raised $1 billion in fresh funding at a $22 billion valuation as institutional investors increasingly turn to event contracts for trading and hedging. The Series F round was led by Coatue and included Sequoia Capital, Andreessen Horowitz (a16z), Paradigm, IVP, Morgan Stanley and ARK Invest, according to a press

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Why Solv Protocol Drops LayerZero for Chainlink

Solv Protocol has said it is moving more than $700 million in tokenized bitcoin BTC$79,743.37 enable Chainlinks Cross-Chain Interoperability Protocol (CCIP) and deprecated LayerZero bridge support across Corn, Berachain, Rootstock and TAC. The migration covers SolvBTC and xSolvBTC, Solv’s wrapped bitcoin assets used across DeFi and BTCfi markets. Solv said it made the decision following

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