Latest Crypto News & Market Updates

XRP Ledger Transfers Surge 5x as Treasuries Hit 8x Growth

XRPL Tokenized Treasuries Surge 8x as Institutional Flows Accelerate and RWA Momentum Deepens　　Evernorth data shows the XRP Ledger (XRPL) in real-world asset tokenization, with US Treasuries leading the surge.　　What was once a small on-chain niche has grown into a market worth hundreds of millions, underscoring a broader shift in how traditional financial instruments are issued and transferred on blockchain infrastructure.　　Twelve months ago, tokenized US Treasuries on the XRP Ledger stood at roughly $50 million. Today, theyve surged to around $418 million, an eightfold jump in a single year, with growth now driven not just by issuance but by rising on-chain transfer activity across the network.　　Well, transfer activity reveals a sharper shift beneath the surface. In 2025, tokenized Treasury movement on XRPL totaled about $70 million for the full year, while 2026 year-to-date has already climbed to roughly $352 million, over five times that figure in just four months.　　More importantly, the trend points beyond inflows that capital isn‘t just arriving on XRPL, it’s turning over far more frequently once it gets there.　　XRPLs Quiet Takeover of Tokenized Finance　　The growing focus is shifting from supply to flow in how XRPLs expansion is being understood. Issuance signals institutional confidence in bringing assets on-chain, but

04-30Industry

Wasabi Protocol loses over $5 million in multi-chain exploit

Wasabi Protocol has been hit by a multi-chain exploit worth more than $5 million, according to blockchain security firms. The attack affected Ethereum, Base, Berachain, and Blast.Wasabi Protocol was exploited for over $5 million across Ethereum, Base, Berachain, and Blast.Security firms said a compromised admin key allowed attackers to upgrade contracts and drain funds.Wasabi told users not to interact with its contracts while the team investigates the exploit.　　PeckShield said the exploit targeted Wasabi Protocol across several networks. The affected chains included Ethereum, Base, Berachain, and Blast.　　Security firms said the attack drained more than $5 million from the DeFi derivatives platform. The incident adds to a sharp rise in DeFi exploits reported this month.　　Compromised admin key linked to attack　　Blockaid and CertiK said the attacker used a compromised admin key. The key allowed privileged access through the Wasabi deployer wallet.　　The attacker then upgraded core contracts and drained funds. BlockSec said early traces show Tornado Cash-funded accounts received admin-linked roles.　　Blockaid warned, “All Wasabi/Spicy LP-share tokens minted by these vaults should be treated as COMPROMISED.”　　Cyvers said the attacker extracted several assets, including WETH, PEPE, MOG, USDC, ZYN, REKT, cbBTC, AERO, and VIRTUAL.　　The security firm said the stolen funds were consolidated into ETH. They were

04-30Industry

Bitmine locks 77% of Ethereum holdings – Why $9B ETH bet matters

Bitmine Immersion Technologies has advanced its Ethereum staking plan with 77.2% of its overall $ETH holdings now locked for yield.　　According to on-chain data, the firm staked another 106,200 $ETH ($244 million) on Wednesday, the 29th of April. Now the worlds largest treasury firm has staked 3.92 million $ETH (worth $8.97 billion)　　Worth pointing out that the firm crossed the 5 million $ETH milestone last week. Interestingly, it bought an extra 45K $ETH (worth $103 million), which will likely be staked too.　　Bitmines aggressive $ETH staking bet　　Overall, Bitmine has accumulated over 5 million $ETH in a record 10 months and is close to hitting its goal of 6 million $ETH. And the entire holdings will be staked through its MAVAN validator system and other staking platforms.　　At the current annualized yield of 3%, Bitmine had projected that staking its entire stash would generate $363 million annually.　　According to its Monday statement, the 73% of its staked $ETH (3.7 million out of 5.08 million $ETH as of last week) was generating an annual yield of $264 million.　　According to Tom Lee, Bitmine Chairman, $ETH has been the best-performing asset since the West Asia crisis started, besides crude oil prices. He added,　　Ethereum continues to benefit from the dual

04-30Exchange

Australia payments draft eyes stablecoin interoperability

Australias future payment rails may need to support stablecoins and tokenized fiat money. A new draft vision says account-to-account systems could adapt as tokenized money moves closer to mainstream use.Australias draft payments vision identifies stablecoins as a future force in A2A payment systems.The draft says payment rails may need to connect bank money with tokenized fiat.Australia is also testing tokenized settlement through Project Acacia and wider digital asset rules.　　The draft was co-developed by the Account-to-Account Payments Roundtable. Members include AusPayNet, Australian Payments Plus, the Reserve Bank of Australia, and the Commonwealth Treasury.　　The document lists digital assets among the outside forces that could shape Australias future payment systems. It says tokenized money could change how payments are settled and automated.　　Stablecoins move into payments planning　　The draft said, “Tokenised forms of money, such as stablecoins and tokenised liabilities, are moving from experimentation to adoption.”　　It added that programmable, ledger-based value could support new settlement models. These systems may also allow payments to run with wider availability and more automation.　　Moreover, the document said account-to-account systems “may need to support secure interoperability between account-based money and tokenised representations of fiat currency.”　　This would allow funds to move between bank-based money and tokenized versions of fiat currency. The

04-30Industry

Olympus Director Daniel Bara Explains Why DeFi Needs Reserve-Backed Money Design

Introduction　　In the DeFi space, many protocols are built to grow fast, Olympus was built to last. In the modern world, where token emissions and inflationary rewards have long been the default playbook, the Olympus Association is making a case for something fundamentally different. The Olympus Association supports a decentralized monetary system backed by real reserves, governed by code, and designed to hold up precisely when everything else is falling apart.　　In an exclusive interview session of BlockchainReporter, we sat with Daniel Bara, the Director of Olympus, to dig into the mechanics behind Olympus‘s Yield Repurchase Facility and its proactive treasury design. He explained why the protocol’s strongest moments have come not during bull markets, but during the depths of a crash.　　Interview SectionWhat made Olympus quit the widely used inflationary token framework in DeFi？　　The inflationary model was solving the wrong problem. Most of DeFi treated token emissions as a growth tool, paying users in new supply to bootstrap usage and liquidity. But emissions paid in new supply are really a cost borne by existing holders, a forward dilution paid out as a reward. The model worked until it didnt, because the moment emissions slow or the market turns, the capital that arrived

04-30Industry

Wasabi Protocol $5 Million Exploit Accelerates AI-Driven DeFi Hacker Theory

Wasabi Protocol suffered an admin-key compromise that drained over $5 million from its perpetuals vaults and LongPool across Ethereum, Base, Berachain, and Blast, on-chain security firms Blockaid and PeckShield reported.　　The attacker gained ADMIN_ROLE through the protocols deployer wallet, then upgraded the vaults to a malicious implementation that siphoned user balances. About $4.55 million had been extracted at last count, and the investigation remains active.　　Single-Key Failure Behind the Breach　　Blockaid traced the root cause to wasabideployer.eth, the only address holding ADMIN_ROLE in Wasabis PerpManager AccessManager.　　The attacker called grantRole on the deployer EOA with zero delay, instantly turning their orchestrator contract into an admin.　　“Were aware of an issue and are actively investigating. As a precaution, please do not interact with Wasabi contracts until further notice,” Wasabi Protocol urged users.　　From there, the attacker UUPS-upgraded perpetual vaults and the LongPool to a malicious implementation that drained balances.　　The deployer key remains live. Wasabi and Spicy LP-share tokens from affected vaults are flagged as compromised, with redemption value approaching zero.　　Blockaid noted the same attacker, orchestrator, and strategy bytecode tie this incident to earlier activity targeting Wasabi.　　The pattern echoes prior admin-key incidents and reflects single-EOA admin setups without timelocks or multisigs. PeckShield put the total losses past the

04-30Industry

Shinhan Card Partners Solana Foundation to Pilot Stablecoin Payments

At the center of the partnership is a plan to simulate real-world payment scenarios using s test network. The companies will test transactions between consumers and merchants while evaluating the performance and reliability of the under commercial conditions.　　A key focus will be non-custodial wallets, which allow users to hold and manage their own funds without intermediaries. Shinhan Card said it intends to assess both the technical stability and operational viability of such wallets, with an emphasis on balancing user control and security.　　Beyond payments, the collaboration will explore a hybrid financial model that merges traditional banking systems with . Shinhan plans to use technology to connect real-world transaction data with networks, enabling execution tied to off-chain activity. The firm will also develop monitoring tools to oversee these systems, aiming to ensure consistency and reliability.　　The move highlights how established financial players are approaching adoption cautiously, focusing first on controlled testing environments before committing to full-scale deployment. Shinhan Card said it will use the results of the joint research to guide future product development, while aligning any rollout with evolving regulatory standards.　　Pilot Follows South Koreas Digital Asset Act　　Regulation remains a key variable. South Korea is in the process of finalizing the Digital Asset

04-30Industry

Gold Price Forecast: XAU/USD returns above $4,600 as the US Dollar eases

XAU/USD price action holds within a downward parallel channel, but technical indicators on the 4-hour chart point to an improving momentum. The Relative Strength Index (RSI) has popped up above 50, and the Moving Average Convergence Divergence (MACD) line has crossed above the Signal line, adding to the case of a bullish reversal.　　The precious metal is now testing the top of the downtrend channel, around $4,640. Further up, the previous support area around $4,665 and the April 24 and 27 highs near $4,730 are likely to challenge bulls.　　On the downside, key support is at the confluence of Wednesdays low with the channel base, near the $4,500 level. Further down, the March 26 low, at the $4,350 area, emerges as a plausible target.

04-30Industry

U.S. says it seized nearly $500 million in Iranian crypto assets

The U.S. has seized nearly $500 million in Iranian crypto assets, Treasury Secretary Scott Bessent said. Treasury Secretary Scott Bessent said U.S. crypto seizures tied to Iran now approach $500 million.The figure is higher than the $344 million USDT freeze previously confirmed by Tether.The seizures form part of Operation Economic Fury, targeting Irans banks, crypto assets, and oil networks.　　The figure is higher than the $344 million in USDT previously reported as frozen by Tether. Bessent said the seizures are part of Operation Economic Fury. President Donald Trump ordered the campaign in March 2025 to increase financial pressure on Iran.　　The campaign targets crypto assets, bank accounts, overseas property, and other holdings linked to Iranian officials and networks.　　Treasury expands Iran pressure campaign　　Bessent said, “We are freezing bank accounts everywhere. More importantly, we are making people less willing to deal with the regime.”　　He also said retirement funds and overseas real estate held by Iranian officials are being targeted. The Treasury has used sanctions and asset freezes to limit Irans access to global finance.　　Moreover, the nearly $500 million figure is above the $344 million in crypto assets reported earlier. Tether said it froze more than $344 million in USDT at the request of U.S.

04-30Industry

Bitcoin Price Prediction May 2026: Can BTC Break The 200-Day EMA In May?

Bitcoin　　Bitcoin Price Prediction May 2026: Can BTC Break The 200-Day EMA In May？BTC trades at $75,684, down 0.09%, inside a rising channel with the 200-day EMA at $82,228 as the key May target.Spot ETFs saw $490.62M in weekly outflows as 30-year Treasury yields hit 5% and three Fed officials pushed back against easing.Coinbase and Glassnode survey found 75% of institutions consider BTC undervalued, with the on-chain BCMI at 0.37, a deep value reading.　　Bitcoin trades at $75,684 on April 30, entering May with ETF outflows accelerating, Treasury yields at their highest since July 2025, and on-chain data printing the deepest undervaluation reading since the 2023 cycle low. The macro picture is a headwind. The accumulation signal is pointing the other way.　　Can BTC Break The 200-Day EMA In May？　　Bitcoin has been building a rising channel since the February low near $62,000, with the lower boundary holding through every pullback in April. The SAR at $74,604 and the 50-day EMA at $73,642 sit below price as the first support levels for May. The 100-day EMA at $75,623 is flush with current price and needs to hold on a daily close basis.　　The 200-day EMA at $82,228 is the level that defines the month. BTC

04-30Industry

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