Category: crypto

The MegaETH Foundation has started a MEGA token buyback program funded by revenue from its stablecoin USDm. The first buyback was completed using earnings through April. Future buybacks will be tied to USDm supply and yield. This program aims to support MEGA’s price and scarcity by recycling stablecoin revenue into the native token.

Tether has frozen over $514 million USDT across 370 addresses in the past 30 days, with a total of $1.26 billion blacklisted. Centralized stablecoins like Tether are now used as enforcement tools by global regulators and law enforcement, with a significant portion of USDT being permanently destroyed due to blacklisting.

SoftBank is reducing a planned margin loan backed by OpenAI from $10 billion to $6 billion due to concerns about valuing the unlisted company and the deal’s structure. Lenders worry about pricing the collateral and SoftBank’s already sizeable AI financing stack. The downsizing reflects limits to creditor risk tolerance.

Microsoft is considering delaying or abandoning its 2030 clean energy commitment due to increased power demand from AI infrastructure. The company’s emissions and energy consumption have risen significantly, with power agreements expanding to include nuclear, renewable, and potential natural gas projects. Other tech companies are facing similar challenges as AI infrastructure grows.

Bitcoin failed to clear its 200-day simple moving average near $83,300 and fell back below $81,000, sparking concerns of a repeat of the failed breakout in March 2022. Analysts suggest that spot demand, exchange supply, and technicals will determine if BTC can reach $85,000 or fall into a bull trap.

TrustedVolumes confirmed a $6.7 million hack involving a custom RFQ swap proxy under its control. They are open to negotiating with the attacker for a bounty and a resolution. The stolen funds are currently held in three addresses. The attack targeted TrustedVolumes directly, not 1inch’s standard routes. The incident mirrors previous DeFi hacks where funds…

Anthropic has reached a deal with SpaceX to expand its computing capacity for Claude AI models. The agreement gives Anthropic access to 300MW of compute power from SpaceX’s Colossus 1 facility, with over 220,000 Nvidia processors. Elon Musk approved the deal after being impressed by Anthropic’s efforts to keep Claude beneficial for humanity.

BNY Mellon increased its holdings in Strategy (MSTR) by 101,810 shares, bringing its total investment to 1 million shares worth approximately $187.2 million. This move allows the bank to gain exposure to Bitcoin indirectly through Strategy, which holds a significant amount of BTC. Other large institutions are also investing in Strategy to gain Bitcoin exposure…

Gate has introduced localized fiat on-ramps for selected CIS countries, allowing users to fund their accounts in domestic currencies and easily move into mainstream crypto without cross-border issues. This move targets a market with high crypto trading volume and active user base, aiming to provide convenient, compliant funding options and reduce barriers to entry for…

Anthropic’s tokenized pre-IPO shares now have a valuation of $1.2 trillion, surpassing OpenAI. This shift reflects how on-chain markets are predicting late-stage AI pricing ahead of an IPO, with Anthropic’s value increasing over 700-900% since October 2025. The competition between Anthropic and OpenAI in the AI startup race is intensifying.