Business

Strategy keeps STRC payout unchanged for May as stocks rebound from prolonged slump

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Strategy (MSTR), the largest publicly traded bitcoin BTC$76,987.97 holder, maintained a dividend rate of 11.5% for May on its perpetual preferred stock, Stretch (STRC), marking a third consecutive month at this dividend rate. The volume-weighted average price (VWAP) in April stood at $99.76, which was close enough to its face value of $100 to justify […]

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Ripple-Linked Token Zooms Into FOMO Levels Amid Japanese Rakuten Partnership

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Ripple-linked XRP tokens are back in positive social media chatter in a historically contrarian price signal. The token’s positive-to-negative sentiment ratio on social media reached what Santiment calls the “FOMO zone” on April 29, reaching 3.9 on the company’s tracker, according to data shared on X. The reading is the highest since March 19, when

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Crypto hacks continue as Wasabi protocol drained $4.5M in admin key compromise

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DeFi can’t stop the bleeding, and Wasabi Protocol is the latest to find out why. The protocol, a perpetual trading platform built on Ethereum and Base, lost around $4.55 million on Thursday after attackers compromised its deployment key, security firm Blockaid said in an X article. The hack is the latest in a month that

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US senators will not intervene on prediction markets betting after banning themselves

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A US Senate that has struggled to pass legislation on crypto market structure decided on Thursday to ban itself from participating in prediction markets. Acting on a simple 14-line resolution pushed by Ohio Republican Sen. Bernie Moreno, the Senate unanimously agreed to impose a restriction between members and increasingly popular and controversial betting platforms that

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New Data Suggests Military Insider Trading Crisis on Polymarket

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A Green Beret’s alleged $400,000 bet on a Venezuela raid appeared to be an isolated breach. A new report suggests it could be the visible edge of something larger. The Anti-Corruption Data Collective (ACDC), a nonprofit research group, analyzed every Polymarket contract entered into between January 2021 and mid-March 2026 – more than 435,000 markets

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How North Korean spies spent months in person draining $285 million from Drift

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North Korean government-backed hackers are becoming more sophisticated, more precise, and now account for more than 76%, or nearly $600 million, of crypto losses this year alone. The $285 Drift Protocol exploit, for example, involved what TRMLabs describes as a lengthy and “unprecedented in-person social engineering” attack. This included months of in-person meetings between North

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Banks scramble to slow down stablecoin law as Agora enters charter race

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Latest developments: Banking groups want regulators to slow down the deployment of the Genius Act. Major U.S. banks have requested extended public comment periods before full implementation. Nick van Eck, CEO of Agora, said the move was “not really a surprise,” calling the law one of the most important in the history of the banking

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From Cathie Wood to Cantor Fitzgerald, big money is betting that Robinhood’s (HOOD) crypto crisis is just a temporary speed bump.

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Robinhood’s (HOOD) nearly 12% decline since its big earnings miss has been written off by some major investors and Wall Street analysts. The popular trading platform missed its first-quarter profit and revenue estimates on April 28, mainly due to weak crypto trading activity. The market punished the stock, but Cathie Wood’s Ark Invest saw this

From Cathie Wood to Cantor Fitzgerald, big money is betting that Robinhood’s (HOOD) crypto crisis is just a temporary speed bump. Read More »

Decompose Sui (SUI)

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In today’s newsletter, Canary Capital’s Josh Olszewicz introduces the Sui blockchain and discusses its potential impact on the adoption and optimization of Web3 for consumer applications. Special alert: Are you going to Consensus Miami? Don’t miss the closed-door Wealth Management Day on May 6. A special side event is planned, dedicated to advisors. Participation is

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