Until last Friday, April 17, lending stablecoins into Aave, widely considered the gold standard of DeFi, paid 2.32% APY. The Federal Reserve’s overnight rate was 3.64%. Taken at face value, the market was pricing an unregulated, open-source smart contract as a lower credit risk than the United States Treasury. In 48 hours, that ended. The
Summary Iranian state-linked media reject claims Tehran is already collecting Strait of Hormuz tolls in Bitcoin or stablecoins. Maritime security firms warn of parallel scam emails demanding crypto “clearance” fees from stranded vessels. The controversy comes after Western media detailed Iranian plans to charge about $1 per barrel for oil transit, potentially worth tens of
More than 100 crypto firms and industry groups are pressing the U.S. Senate to advance long-awaited market structure legislation, warning that continued inaction risks pushing innovation and capital outside the country. In a joint letter sent April 23, the Crypto Council for Innovation and the Blockchain Association urged the Senate Banking Committee to move forward
Google Cloud has entered into a multi-year strategic partnership with global private equity and investment firm CVC Capital Partners to accelerate the adoption of AI across its portfolio companies. Summary Google Cloud and CVC Capital Partners signed a multi-year partnership to deploy agentic AI across CVC’s portfolio companies spanning multiple industries. The deal provides access
SAN FRANCISCO, April 22, 2026 /PRNewswire/ — Infinite, the payments and compliance technology platform, today announced the launch of Infinite Accounts – dedicated bank accounts with unique routing numbers that work across both traditional payment rails and stablecoin networks, powered by Erebor Bank, N.A., Member FDIC. Businesses can integrate once with Infinite’s platform to access
Flying Tulip has introduced a circuit breaker to slow or queue withdrawals as DeFi losses mounted in April following a series of large exploits. Summary Flying Tulip has added a circuit breaker to slow or queue withdrawals during abnormal outflows as April DeFi losses surged. More than $600 million was lost in DeFi exploits in
Crypto entrepreneur Justin Sun says he’s filed a lawsuit against World Liberty Financial, alleging the project improperly froze his tokens and stripped his governance rights. Sun detailed the move in a new post on X. “Today, I filed a lawsuit in California federal court against World Liberty Financial to protect my legal rights as a
Coinbase lists tGBP, the first GBP-backed stablecoin on its platform. Brian Armstrong calls stablecoins the best form of money. Coinbase has listed tGBP, marking its first GBP-backed stablecoin on the platform. Brian Armstrong, Coinbase CEO, took to X to share his thoughts. He called stablecoins “the best form of money.” His comments came alongside the
Fundstrat Global Advisors co-founder Tom Lee has backed a $250,000 Ethereum price target presented in a recent Etherealize report. Summary Tom Lee backed an Etherealize report that values Ethereum at $250,000 using long-term market assumptions today. The report says Ethereum staking offers yield, giving ETH a different value case than Bitcoin. Researchers argued Ethereum’s Proof-of-Stake
Dan Finlay, co-founder of MetaMask and a longtime developer at Consensys, has announced that he is leaving the company. Summary Dan Finlay said he is leaving Consensys after helping build MetaMask over the past decade. MetaMask launched Advanced Permissions, letting dApps execute approved transactions without requiring users to sign each time. The new feature could
