Crypto stocks tumble as Robinhood misses and tensions rise
Crypto-related stocks slid sharply as Robinhood led declines following a weak earnings report and escalating geopolitical tensions between the US and Iran.
Crypto-related stocks slid sharply as Robinhood led declines following a weak earnings report and escalating geopolitical tensions between the US and Iran.
Three decentralised finance protocols across NEAR, Base and Sui were drained in a single day, highlighting ongoing security vulnerabilities in crypto infrastructure.
MoonPay has acquired crypto key management firm Sodot in a deal reportedly worth around $100 million, while launching a new institutional division to expand beyond retail services.
Bitcoin fell below the $76,000 level after Donald Trump rejected Iran’s proposal to reopen the Strait of Hormuz, raising fears of escalating geopolitical tensions.
Meta has begun offering content creators the option to receive earnings in USDC stablecoin via crypto wallets on Solana and Polygon, marking its return to digital payments after abandoning its Diem project.
Canada’s Department of Finance has proposed a nationwide ban on Bitcoin and crypto ATMs as part of efforts to curb rising fraud targeting vulnerable individuals.
Thom Tillis has called for the Senate Banking Committee to vote on the long-delayed Clarity Act when lawmakers return in mid-May, signalling renewed momentum for US crypto legislation.
Stable Sea has integrated WisdomTree’s tokenised US Treasury money market fund into its platform, enabling businesses to earn yield on idle cash through blockchain-based infrastructure.
The Federal Reserve is currently facing its most significant internal upheaval in over three decades.
In a historic 8-4 vote, the central bank opted to maintain interest rates, marking the most fractured decision since 1992.
In a strategic bid to fortify national fuel reserves, Foreign Minister Penny Wong recently secured a diplomatic breakthrough during high-level Beijing talks - after the escalating Middle East conflict paralysed the Strait of Hormuz, plunging Australia into a precarious energy crisis.
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