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MIT-Incubated Optimum Raises $11M Seed Round to Build Web3’s Missing Memory Layer

Optimum, a decentralized, performance-enhancing memory layer for any blockchain, raised an $11 million seed round, inviting its creators from institutions like Harvard and MIT to jump from the world of academia into the commercial crypto arena. The …

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XRP Most Likely to Get U.S. Spot ETF Approval Ahead of SOL, DOGE: Analysts

XRP and solana (SOL) are top candidates for a spot ETF approval in the U.S., driven by their high liquidity, with the Ripple-related token edging out among others for what could go live on the market earlier, Kaiko analysts shared in a Monday report …

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Tether, Galaxy, Ledn Dominate CeFi Crypto Lending as DeFi Borrowing Soars, Research Shows

The crypto lending market is still a shadow of its former size preceding the brutal 2022-2023 crypto winter, but beneath the surface, signs of recovery are emerging, especially in the decentralized corner of the space, digital asset investment firm …

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Bitcoin Eyes Gains Versus Gold After Trendline Breakout, Monero Sees Golden Cross

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.For the past 12 weeks, gold (XAU) has outperformed bitcoin (BTC) in a race to draw bids, but this trend may be on the verge of reversing, according …

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Bitcoin ETFs Lose Over $800M in April as Institutions Stick With Bonds Amid Tariff Volatility

‘Sell bonds, buy bitcoin,’ proclaimed a popular social media account last week, echoing the sentiments of many crypto advocates who believe that tariff-induced volatility in the U.S. Treasury market – a cornerstone of küresel finance – has revealed …

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Binance, KuCoin, and Other Crypto Firms Hit by Amazon Web Service Issue

Crypto exchanges Binance and KuCoin temporarily suspended withdrawals amid reported issues with their veri center provider Amazon Web Services (AWS). “We are aware of an issue impacting some services on the #Binance platform due to a temporary …

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DEX KiloEx Loses $7M in Apparent Oracle Manipulation Attack

KiloEx, a decentralized exchange (DEX) for trading perpetual futures, was hit by a sophisticated attack earlier Tuesday that left users reeling with losses of around $7 million. The exploit unfolded across multiple blockchain networks and appeared to …

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Japanese Bonds Stir Unease as Bitcoin Recovers From Last Week’s Tariff Panic

Trading in financial markets feels like dodging a barrage of stones, each demanding constant vigilance and agility. Just as bitcoin (BTC) and traditional risk assets stabilize after last week’s Trump tariff-led panic, unsettling movements in Japanese …

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Story’s IP Swings 20% in Volatile Trading Session

Story Protocol’s IP tokens slumped 20% and retraced the entire move within hours late Monday in an unusual trading session. IP fell from nearly $4 to $3.27 in a four-hour period, jumping back to over $4 in a couple of hours after hitting the daily …

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Dogecoin Slumps 3%, Bitcoin Steady Around $85K as Traders Fear U.S. Recession

Dogecoin shed 3% while bitcoin (BTC) and ether (ETH) remained flat in the past 24 hours as tariff concerns gradually subsided among traders, though fears of a U.S. recession increased in betting markets. “Prominent financial figures have started to …

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