Coinbase to delist DAI stablecoin as May deadline approaches

Coinbase will disable trading for Dai on May 4, 2026, as part of its latest asset review. Coinbase will disable DAI trading on its website and mobile app from May 4.Remaining DAI balances will convert to USDS at a 1:1 rate after the deadline.Coinbase will also suspend TIME trading and has disabled TRU ahead of migration.  The Ethereum-based stablecoin will be converted to USDS for users who leave DAI on the platform after the deadline. Coinbase reminded users that Dai trading will be disabled on Coinbase.com and the Coinbase mobile app on May 4.  The exchange also said send and receive support for DAI will be temporarily disabled from May 4 to May 6.  DAI is an Ethereum-based stablecoin linked to the MakerDAO ecosystem. Coinbase said any DAI left on the platform by May 4 will be converted to USDS at a 1:1 rate.  Users urged to move DAI before May 4  Coinbase advised users who do not want the conversion to move their DAI to a compatible self-custody wallet before the deadline.  The exchange said users in selected EEA regions will not have their DAI migrated. This means affected users may need to act before trading and transfer limits take effect.  The delisting forms part of

04-30

Solana news: Germany’s AllUnity expands EURAU to Solana as euro stablecoins gain traction

AllUnity, a joint venture backed by DWS, Flow Traders and Galaxy Digital (GLXY), took its euro-backed stablecoin, EURAU, to the Solana blockchain, extending the tokens reach to a high-speed network often used for payments and trading.  EURAU, which debuted last July on Ethereum, is fully reserved and issued under a regulated e-money framework aligned with the European Unions MiCA rules, the company said in an emailed statement. By adding Solana, AllUnity aims to offer faster settlement and lower transaction costs for euro-denominated transfers.  The setup allows businesses and developers to move euros onchain in seconds. Payments firms, for example, could send cross-border payouts to contractors in real time instead of waiting days for bank transfers, and the same mechanism can also support trading, lending or treasury management using a stable euro unit.  The move reflects growing interest in non-dollar stablecoins, especially in Europe, where firms seek digital assets that meet regulatory standards. While U.S. dollar tokens dominate the $300 billion stabelcoin market, euro-pegged tokens have seen rapid growth, doubling since the start of 2025 to almost $1 billion.  The S&P projected the market could reach 570 billion euros ($672 billion) by 2030. French Finance Minister Roland Lescure called for more euro-denominated stablecoins and urged

04-30

The Green Beret was just the start: New data suggests military insider trading crisis on Polymarket

A Green Berets alleged $400,000 insider bet on a raid in Venezuela seemed like an isolated breach. A new report suggests it may be the visible edge of something broader.  The Anti-Corruption Data Collective (ACDC), a nonprofit research group, analyzed every settled Polymarket contract from January 2021 through mid-March 2026 — more than 435,000 markets and $54.4 billion in cumulative volume — and found that low-probability bets on military and defense outcomes win at rates that are difficult to explain through skill or luck.  Across political markets, such “longshot” bets typically succeed about 14% of the time. In military-linked contracts, success rates have topped 50% in some cases.  “Markets tied to specific government policies, such as military and defense and foreign affairs, are harder to forecast using public information alone,” the authors wrote, making them “more susceptible to information asymmetries,” including insider trading or specialized knowledge.  In those markets, the gap between informed and uninformed traders may be widest, creating conditions in which a small group can consistently outperform not just by reacting faster, but by knowing more.  For its part, Polymarket touts its market surveillance teams and cooperation with the Department of Justice on the Venezuela case. Trading on confidential knowledge is prohibited on

04-30

Eli Lilly (LLY) Stock Climbs 5% on Strong Q1 Results and Upgraded Forecast

Domestic sales expanded 43% to reach $12.1 billion. Markets outside the United States contributed $7.7 billion, up 81%, demonstrating the global appetite for GLP-1 therapies.  Adjusted gross margin registered at 82.6%, declining modestly from the previous year as pricing dynamics on leading products created margin pressure.  Chief Executive David Ricks highlighted the momentum. “We delivered 56% revenue growth in the first quarter and raised our full-year revenue guidance by $2 billion,” he stated.  Lilly increased its 2026 revenue forecast to $82.0–$85.0 billion from the earlier $80.0–$83.0 billion range. The midpoint of $83.5 billion exceeds Wall Streets consensus estimate of $81.67 billion.  The company also elevated its adjusted EPS guidance to $35.50–$37.00, up from $33.50–$35.00 previously, with the revised midpoint of $36.25 beating the consensus of $34.53.  Foundayo Launch Generates Mixed Signals  The companys recently introduced oral GLP-1 medication Foundayo launched in early April, attracting significant attention as a competitive response to Novo Nordisk, which has established an early presence in the oral weight-loss medication category.  Foundayo captured 3,707 prescriptions across the United States during the week that concluded April 17 — approximately half the ~8,000 prescriptions Wall Street anticipated. This underwhelming initial performance represents a potential concern for market observers.  Ricks characterized the medication as one that will

04-30

Traders Push MEGA to $200M Market Cap as MegaETH Lists on 13 Exchanges at Once

Ethereum co-founders Vitalik Buterin and Joe Lubin are among the projects backers, along with Dragonfly Capital. MegaETH raised more than $100 million across funding rounds, including a on Sonar that was oversubscribed.  The MEGA token has a fixed maximum supply of 10 billion. At launch, approximately 1.13 billion tokens, or 11.3% of the total supply, entered circulation. The team allocated roughly 53% of the supply to ecosystem incentives and KPI-based rewards, 9.5% to the team, and 5% to the .  Early trading placed MEGA between $0.18 and $0.20. As of April 30, at 8 a.m. ET, the token was priced near $0.1695, giving it a of approximately $199 million and a fully diluted valuation of roughly $1.7 billion. That figure aligns with pre-launch analyst estimates that pegged between $1.5 billion and $2 billion.  Twenty-four-hour reached between $78 million and $81 million from the opening session, pointing to depth across the listed venues. At 8 a.m., the MEGA token is down 21% from its $0.2249 all-time high.  Several exchanges added incentive campaigns alongside the listing. Bybit offered a $100,000 trading prize pool, and WEEX ran an for participants. Upbit listed MEGA against Korean won, , and USDT pairs, extending reach to Korean retail traders. MEGA

04-30

Who Owns the Most Bitcoin in 2026 by Entity and Wallets?

Bitcoin ownership in 2026 remains spread across its creator, exchanges, ETF issuers, public companies, governments, private firms, and unknown wallets. Arkham data shows that Satoshi Nakamoto remains the largest identified Bitcoin holder when related wallets are grouped into one entity. The figures also show that major custodians and exchanges control large balances, often on behalf of customers rather than for direct corporate ownership.  Meanwhile, spot Bitcoin ETFs and treasury companies now account for a large share of tracked institutional holdings.  Satoshi Nakamoto Leads Bitcoin Holder Entity Rankings  Satoshi Nakamoto remains the largest Bitcoin-holding entity, according to Arkhams April 2026 breakdown. The Bitcoin creator is linked to about 1.096 million BTC, worth around $82 billion at current prices. the attribution is based on the Patoshi Pattern, a known early mining pattern connected to Satoshi-linked activity.  Arkham‘s research indicates that Satoshi acquired the holdings by mining about 22,000 blocks in Bitcoin’s early years. These holdings represent about 5.5% of Bitcoins total supply. The wallets remain central to Bitcoin ownership data because they have not shown regular movement over the years.  Coinbase ranks as the second-largest entity, with about 976,000 BTC. The figure includes assets held for the exchange and customers using its custody services. Coinbase controls about

04-30

0As Volatility Fades, How Are Investors Participating in Crypto Markets?

At the product level, boundaries are less defined. Spot, DCA, Earn, and hedging strategies are used together rather than in isolation. The user journey is shifting from buy-sell execution toward allocation and adjustment over time.  Coinstores current framework reflects this direction. Its bear market content does not emphasize frequent trades. Instead, it leans into allocation logic and structured participation, aligning more closely with portfolio management than short-term execution.  Retention Becomes the Real Metric  One of the more understated shifts in this cycle is where competition is moving.  Trading frequency is no longer the only signal that matters. Whether users remain engaged through slower periods is becoming more important. Once users fully exit, re-entry costs tend to be higher in the next cycle.  This is pushing exchanges to rethink engagement. Content, strategy tools, yield products, and incentives are being combined into continuous systems designed to keep users in the market without requiring constant activity.  Coinstores Bear Market Guide initiative follows that model. It is structured less as a single campaign and more as a pathway. The focus is on helping users maintain exposure through disciplined strategies such as DCA, while preparing for the next expansion phase.  A Reset Phase, Not an Endpoint  Bear markets have always been part of

04-30

Eli Lilly (LLY) earnings Q1 2026

on Thursday reported first-quarter earnings and revenue that blew past estimates and hiked its full-year sales outlook by $2 billion, as demand for its blockbuster weight loss drug Zepbound and diabetes treatment Mounjaro spiked again.  The pharmaceutical giant now expects 2026 revenue to come in between $82 billion and $85 billion, up from a previous guidance of $80 billion to $83 billion.  Lilly also expects its full-year adjusted profit to be between $35.50 to $37 per share. That compares to a previous outlook of $33.50 to $35 per share.  Resilient demand for Zepbound and Mounjaro has helped fuel several strong quarters for Lilly despite lower prices for the medications in the U.S.  David Ricks, chief executive officer of Eli Lilly & Co., at the Semafor World Economy Summit during the International Monetary Fund (IMF) and World Bank Spring meetings in Washington, DC, US, on Friday, April 17, 2026.  Aaron Schwartz | Bloomberg | Getty Images  Mounjaros worldwide revenue rose 125% to $8.66 billion for the quarter, including U.S. sales of $4.2 billion. That surpassed the $7.26 billion in worldwide sales that analysts were expecting for the quarter, according to StreetAccount.  Zepbound, which entered the market roughly three years ago, posted $4.16 billion in U.S. revenue for the

04-30

EUR/USD: Higher Oil supports Dollar – Societe Generale

Finance  EUR/USD: Higher Oil supports Dollar – Societe Generale  Societe Generales Kit Juckes argues that sustained higher Oil prices are likely to support the Dollar and pressure EUR/USD. He recalls that when Brent traded near current levels in early 2022, EUR/USD fell sharply from around 1.13 to 0.95. Juckes maintains an end‑year EUR/USD forecast of 1.13, citing US economic strength and policy mix.  Oil shock risk keeps Euro vulnerable  “Oil prices are back at levels (USD 122p/b for Brent) that were seen in Q1 2022.”  “However, concern that the current ceasefire could be followed by renewed conflict and further pressure on global oil supplies can be a trigger for the dollar to make a move higher – EUR/USD falling below the 1.14 low we saw at the start of the conflict.”  “Our current end-year forecast is 1.13 for EUR/USD, because we haven‘t seen signs of widespread shunning of US assets by investors and, in the longer run, it’s the strength of the US economy and the fiscal/monetary policy mix which determine rates, more than the desire of the President.”  “The prospect of a longer conflict, leading to more serious energy shortages, increased geopolitical tension and higher-for-longer oil prices, may well break the deadlock and move currencies out

04-30

MegaETH launches MEGA token as major exchanges open trading

MegaETHs MEGA token went live on Thursday after the Ethereum scaling project completed a seven-day launch countdown. MegaETH launched MEGA after 10 ecosystem apps met the first KPI target.MEGAs token model ties 53.3% of supply to performance-based rewards.USDM supply rose above $300 million during the MEGA token launch period.  The token started trading on major exchanges after the network met its first ecosystem milestone. MegaETH confirmed the launch in a post on X, saying, “MEGA — Now Trading.” The team said all tokens would be distributed to users by 7 a.m. ET.  The token generation event started after MegaETH met its first key performance target. The project had said it would only launch MEGA after showing enough real onchain activity.  MegaETH meets first launch milestone  MegaETH said 10 “Mega Mafia” apps had gone live before the launch. These apps cleared the first KPI threshold required to trigger the final countdown.  The milestone focused on apps with real user activity linked to USDM, the protocols native stablecoin. USDM was co-developed with Ethena.  In addition, MegaETH has a fixed supply of 10 billion MEGA tokens. The project has tied 53.3% of total supply to performance-based staking rewards.  This structure differs from a standard time-based vesting model. MegaETH uses KPI-linked

04-30
1
...
863865
...
1000