Coinbase Launches USDC Loans Backed by Crypto in UK

Crypto exchange Coinbase has rolled out crypto-backed USDC loans for users in the United Kingdom, allowing users to borrow USDC against Bitcoin, Ether and Coinbase Wrapped Staked Ether (cbETH). The loans are issued through Morpho, a lending protocol on Base. According to a Monday announcement, users can borrow up to $5 million in USDC (USDC)

Crypto Funds Draw $1.4B as Bitcoin Nears $78K

Cryptocurrency investment products logged another week of strong inflows on ceasefire optimism and a Bitcoin price breakout driving investor sentiment. Crypto exchange-traded products (ETPs) posted $1.4 billion in inflows last week, beating the prior week’s $1.1 billion and marking the second-largest weekly inflows since January, CoinShares reported on Monday. Following the three-week inflow streak totaling

LayerZero: Kelp DVN Misconfiguration Enabled $290M rsETH Exploit

Interoperability protocol LayerZero claims that an inadequate setup tied to Kelp’s decentralized verifier network (DVN) enabled malicious actors to steal $290 million from Kelp DAO, adding that preliminary signs point to North Korea-linked threat actors. An attacker drained about 116,500 Restaked ETH (rsETH), worth as much as $293 million at the time, from Kelp DAO’s

Mastercard Enables Stablecoin Settlement for Card Transactions

Key takeaways Mastercard is integrating stablecoins into its payment infrastructure to modernize the back-end settlement process, allowing banks and issuers to settle card transactions using regulated digital dollars such as SoFiUSD. The partnership with SoFi Technologies enables SoFi Bank to settle Mastercard transactions in SoFiUSD, while Galileo’s platform allows other banks and fintech issuers to

Bitcoin Keeps Weekly Gains Despite US‑Iran Escalation

Bitcoin (BTC) begins the last full week of April juggling fresh US-Iran war fears as resistance hurdles line up. Key points: Bitcoin stays green on weekly time frames with multiple nearby price levels in focus. Elliott Wave analysis concludes that $81,000 is Bitcoin bulls’ next “final boss.” A resurgent US-Iran war threatens to unravel last

BIS Calls for Global Coordination on Stablecoin Risks

The Bank for International Settlements (BIS) general manager, Pablo Hernández de Cos, on Monday called for tighter global coordination on stablecoins, warning that US dollar-denominated tokens could have “material consequences” for financial stability and economic policy if they grow large enough to rival traditional money.  Speaking at a Bank of Japan seminar in Tokyo, he

Saylor Teases More Bitcoin Buys; Semi-Monthly Dividends Proposed

Strategy co-founder Michael Saylor has hinted at another large Bitcoin purchase, just a week after the company disclosed that it bought around $1 billion of Bitcoin in the second week of April.  Strategy disclosed last Monday that it acquired 13,927 Bitcoin for $1 billion between April 6 and 12, at an average price of $71,902

Coinbase Tests Executive AI Agents in Slack and Email

Coinbase CEO Brian Armstrong said the company has started testing AI agents on Slack and email to assist employees with work tasks, continuing the company’s efforts to embed AI into its workflows.  In a post to X on Saturday, Armstrong said the company has already deployed two AI agents, modeled after two former executives, speculating

Vercel Confirms Limited Customer Credential Breach

Vercel, a cloud hosting provider popular among crypto projects, confirmed it suffered a security breach that allowed hackers to make off with a “limited” subset of customer credentials. Vercel said in a blog post on Sunday that it “identified a security incident that involved unauthorized access to certain internal Vercel systems,” and that it was

Bitcoin vs Ethereum: Divergent Paths to Post-Quantum Security

The quantum divide between Bitcoin and Ethereum Quantum computing has long been viewed as a distant, largely theoretical threat to blockchain systems. However, that perspective is now starting to change. With major technology companies such as Google establishing timelines for post-quantum cryptography, and crypto researchers re-examining long-held assumptions, the discussion is shifting from abstract theory
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