Coinbase taps Centrifuge as preferred tokenization backbone, takes equity stake

Coinbase said Tuesday it had chosen Centrifuge as its preferred tokenization infrastructure and made a strategic investment in the firm.  Under the deal, Centrifuge is positioned to serve a larger role for tokenized assets across Coinbases ecosystem, including products on Base. The first wave of institutional assets is expected to launch on Base in the coming weeks, the firms said.  Coinbase‘s push into tokenized capital markets spans ETFs, credit and structured products. The Centrifuge deal gives Coinbase an infrastructure partner for outside asset managers that want to issue products onchain, though it doesn’t appear to be exclusive.  Coinbase Asset Management said last week it would issue its CUSHY stablecoin credit fund through Superstates FundOS platform, and in March tapped Apex Group to tokenize a share class of its Bitcoin Yield Fund on Base. Coinbase Ventures was also already an investor in Centrifuge, having backed a 2022 strategic round.  Centrifuge powers onchain strategies for Apollo, Janus Henderson and S&P Dow Jones Indices. It crossed $1 billion in total value locked in mid-2025 and now has $1.66 billion, according to DeFiLlama data.  The deal comes as tokenized real-world assets have grown to roughly $27 billion onchain. Tokenized treasuries and other fixed income products account for about $16

05-06

Uber (UBER) Stock: Analyst Expectations Ahead of Q1 Earnings Release

Uber Technologies, Inc., UBER  Analyst consensus points to quarterly revenue of $13.33 billion, representing approximately 15% growth compared to the same period last year. The Street anticipates adjusted earnings per share of $0.71, alongside EBITDA projections of $2.44 billion.  Shares were changing hands near $74.25, reflecting a year-to-date decline of approximately 9% as the earnings announcement approaches.  Gross bookings are forecast to hit $52.9 billion, marking about 23% growth on an annual basis. This projection falls comfortably within the companys previously issued guidance band of $52 billion to $53.5 billion.  Monthly Active Platform Consumers represents another metric drawing significant attention. The previous quarter saw this metric climb to 202 million users, demonstrating 18% year-over-year expansion — a notable acceleration from the 14% growth rate recorded at 2025s outset.  Recent estimate trends paint a less optimistic picture. Throughout the preceding three months, Wall Street analysts have lowered their EPS projections ten times, with only a single upward adjustment during that span.  Autonomous Vehicle Strategy Accelerates  The company has executed several significant autonomous vehicle initiatives leading up to this earnings announcement. Management established Uber Autonomous Solutions, a dedicated division designed to assist partners in developing and deploying self-driving fleets across its platform.  This past April, Uber expanded its financial commitment

05-06

Bitcoin bug allowed miners to run code on other people’s nodes

Bitcoin Core developers today disclosed a bug that has allowed miners to remotely crash and execute code on other peoples nodes.  The vulnerability, CVE-2024-52911, has affected Bitcoin Core 0.14.1 through 28.4. Developer Cory Fields responsibly disclosed and helped patch the high severity error via Pull Request (PR) 31112.  Had a miner wanted to utilize the dark trick, they could have executed software code on assorted nodes across the globe.  Fortunately, the bug remained obscure and likely not utilized due to its incredibly expensive attack vector.  Specifically, the attack required a miner to direct electricity-guzzling hashpower toward mining special types of blocks. A guaranteed opportunity cost, these invalid blocks could not become eligible for an actual coinbase reward to recoup the miners electricity costs.  Still, the mechanism of attack is easy to understand, albeit expensive to conduct.  Weve been publishing Bitcoin Core security advisories for ~2 years now, and (afaik) we just disclosed the first ever memory safety issue: A use-after-free in the validation engine.  Credit to Cory Fields from the DCI for finding and reporting.  — Niklas Gögge (@dergoegge) May 5, 2026  A miner that produced a specially crafted block with sufficient proof-of-work could either crash victim nodes and/or use the crash to overtake its memory for remote code

05-06

GENIUS Act: Circle Seeks Clear Divide Between Payment Stablecoins and Tokenized Deposits

USDC issuer Circle has submitted a comment letter on the Office of the Comptroller of the Currency‘s (OCC) proposed rulemaking to implement the GENIUS Act. The stablecoin issuer also highlighted other core principles, such as a level playing field for all issuers, in its response to the OCC’s framework for the crypto bill.  Circle Submits Comment Letter On OCCs Proposed GENIUS Act Framework  In a blog post, Circle revealed that it had submitted comments to the OCC on its proposed rule implementing the GENIUS Act. The firm went further to highlight a number of technical areas of feedback in its comment letter, which it noted focus on core principles such as a clear distinction between payment stablecoins and tokenized deposits.  The USDC issuer said that there should be no confusion between payment stablecoins and tokenized deposits. Circle said that they serve different purposes, which is why the OCC shouldnt treat them as interchangeable payments and settlement assets.  Circle further noted that Congress has explicitly excluded tokenized deposits from the GENIUS Act because payment stablecoins are built for broad transferability and settlement. On the other hand, these tokenized deposits are digital representations of bank liabilities. “Tokenized deposits raise different questions that require their own regulatory

05-06

XRP’s 70-Day Range Signals Potential Breakout to $2.03

Tech  XRPs 70-Day Range Signals Potential Breakout to $2.03  XRPs 70-Day Consolidation Hints at a Potential Breakout Toward $2.03  XRP has been locked in a tight 70-day consolidation, testing the patience of short-term traders while quietly setting the stage for a potential breakout.  Market analyst VinCoop points to this as a classic precursor to a sharp move, with May shaping up to be a pivotal month that could define XRPs next major trend.  At the heart of the setup is the monthly Bollinger Bands midpoint, sitting around $2.03, a level the analyst views as the dividing line between prolonged consolidation and a broader bullish breakout.  With XRP per CoinCodex data, reaching that mark would mean a roughly 45% climb.  Source: CoinCodex  While steep at first glance, such moves arent unusual after extended periods of tight price action, where suppressed volatility often gives way to sharp expansion.  On the daily chart, XRP is still hugging the lower boundary of its range, signaling lingering downside pressure. Nevertheless, this zone often marks the final stage of accumulation because the longer the price holds without breaking lower, the more tension builds for a sharp move.  Right now, as the critical resistance level. A clean, decisive push above it could flip the short-term structure and

05-06

Anthropic expands Claude into finance workflows with Microsoft 365 integration

Tech  Anthropic expands Claude into finance workflows with Microsoft 365 integration  Anthropic launched ten new Claude agent templates for financial services, expanding the AI assistant into some of the sectors most time-consuming workflows, including pitchbook creation, credit memos, KYC reviews, financial modeling, and month end close.  The templates are available as plugins in Claude Cowork and Claude Code, and as cookbooks for Claude Managed Agents, allowing financial teams to deploy Claude on real work in days rather than months.  Each template combines task specific skills, governed data connectors, and subagents designed to handle specialized work such as comparables selection, methodology checks, and document review.  The new agent lineup includes pitch builder, meeting preparer, earnings reviewer, model builder, market researcher, KYC screener, valuation reviewer, general ledger reconciler, month end closer, and statement auditor. Anthropic said the agents can be adapted to a firms internal modeling conventions, risk policies, and approval processes.  The launch also pushes Claude deeper into Microsoft 365. Claude now works directly in Excel, PowerPoint, and Word through add ins, with Outlook support coming soon. In Excel, Claude can build financial models from filings and data feeds, audit formulas, and run sensitivity analyses. In PowerPoint, it can draft decks that update when underlying numbers change.

05-06

Aave court fight targets North Korea ETH claim

Aave court motion filed today in New York asks a federal judge to unfreeze $71 million in ETH.Aave LLC filed an emergency motion in the Southern District of New York to unfreeze 30,765 ETH worth approximately $71 million.The filing argues the funds belong to users victimized in the April 18 Kelp DAO exploit, not to North Korean hackers.Plaintiffs holding $877 million in unpaid terrorism judgments against North Korea claim the ETH is recoverable DPRK property.  Aave LLC filed an emergency motion today in the Southern District of New York to vacate a restraining notice blocking 30,765 ETH, worth roughly $71 million, from returning to exploit victims.  The filing argues the assets belong to users of the Aave Protocol harmed in the April 18 Kelp DAO bridge exploit, not to North Korea or its alleged Lazarus Group hackers.  The restraining notice was served on May 1 by Gerstein Harrow LLP, representing three sets of judgment creditors holding $877 million in unpaid terrorism awards against North Korea. Their argument: because the attackers are linked to Pyongyangs Lazarus Group, the recovered ETH qualifies as DPRK property subject to seizure.  Aave calls that theory “flatly wrong.” Aave founder Stani Kulechov said: “The global DeFi community came together to

05-06

Philippines: Inflation surge raises BSP hike risks – ING

Finance  Philippines: Inflation surge raises BSP hike risks – ING  INGs Deepali Bhargava highlights that Philippine Consumer Price Index (CPI) has jumped to a three‑year high, driven mainly by broad‑based food and fuel‑related pressures, and now looks set to average above 8% in 2Q. With Brent expected around US$104/bbl and inflation broadening into core, ING now sees a June Bangko Sentral ng Pilipinas (BSP) rate hike as assured, with risks skewed to larger and faster tightening.  CPI overshoot points to faster tightening  “Headline CPI inflation in the Philippines rose sharply to 7.2% year-on-year in April, much higher than our expectation of 5.2%, and up by over 3 percentage points from 4.1% YoY in March.”  “With negotiations around the US-Iran conflict dragging on and no imminent de-escalation in sight, our base case has shifted toward higher global oil prices, with supply disruptions easing materially only in 3Q.”  “Against this backdrop, we now expect Brent crude prices to average around US$104/bbl in 2Q, with CPI inflation likely to rise further and average above 8% in 2Q, pushing our full-year inflation forecast to 6% YoY.”  “The sharp CPI upside surprise reinforces the risk of larger and faster rate moves by the BSP.”  “In this context, a 25bp rate hike in June

05-06

Crypto ETPs log five straight weeks of inflows, topping $4B

Crypto asset ETPs just notched a fifth straight week of inflows, lifting five-week net flows above $4B and pushing AUM near $155B despite sharp midweek outflows.CoinShares latest weekly report shows global crypto asset ETPs recorded $117.8 million in net inflows last week, marking a fifth consecutive positive week and pushing cumulative five-week inflows above $4 billion.Total assets under management now stand near $155 billion, but flows were highly volatile: $619 million in net outflows from Monday to Thursday flipped to a $117.8 million weekly inflow thanks to a single $737 million surge on Friday.Bitcoin products led with $192.1 million in inflows, largely driven by U.S. spot ETFs, while Ethereum products saw $81.6 million of net outflows, underscoring a sharp midweek pullback in risk appetite before a late recovery.  CoinShares said that digital asset ETPs took in $117.8 million last week, extending their inflow streak to five weeks and bringing cumulative inflows over that period to more than $4 billion, as total industry AUM climbed to around $155 billion.  Inflows mask sharp intraweek reversal  Beneath the headline, however, flows were choppy. From Monday through Thursday, products collectively saw $619 million in net outflows, before a $737 million influx on Friday alone swung the weekly

05-06

Indonesia: Growth outlook steady with fiscal constraints – UOB

Finance  Indonesia: Growth outlook steady with fiscal constraints – UOB  UOB economists Enrico Tanuwidjaja and Vincentius Ming Shen highlight that Indonesia‘s 1Q26 Gross Domestic Product (GDP) beat expectations at 5.61% year-on-year, driven by government spending, household consumption and investment. They stress that the current pace could reach the government’s 6% near-term target, but emphasize that fiscal discipline, effective investment strategies and stronger partnerships are crucial to sustain growth amid rising external risks.  Government-led expansion faces sustainability questions  “Fiscal expansion support 1Q26 growth, but unlikely to be sustained. Indonesia posted a stronger-than-expected GDP growth of 5.61% y/y in 1Q26, outperforming market expectations of 5.30%.”  “Outlook remains positive, with seemingly enough pace to reach the near-term governments target of 6%, but fiscal discipline remains the key factor here and going forward, effective investment strategies are critical to sustain momentum amid rising and uncertain external risks.”  “While strong GDP growth signaled resilience, the reliance on fiscal expansion raises caution and unlikely to be sustainable.”  “In short, an expansionary fiscal-led growth is unlikely to be sustainable given the constraint of fiscal deficit gap at 3% of GDP.”  “Overall, though today‘s 1Q26 report came in much stronger than expected, we remain cautious on its short-term trajectory and as such, we continue to keep

05-06
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