Category: crypto
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Coinbase to delist DAI stablecoin as May deadline approaches
Coinbase will stop trading for Dai on May 4, 2026, converting remaining balances to USDS at a 1:1 rate. The exchange will also suspend TIME trading and has disabled TRU ahead of migration. Users are advised to move Dai before the deadline to avoid conversion. Coinbase continues to adjust supported assets.
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Experience, Scale and the Future of Intelligent Trading: BingX’s 8th Anniversary Story
BingX celebrates its eighth anniversary with the INFIN8 campaign, focusing on AI tools, traditional finance access, and gamified rewards to create a more intelligent trading ecosystem. The campaign runs from April 27 to June 2, offering rewards and competitions to engage users. BingX has evolved into a global exchange serving over 40 million users, expanding…
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Oman moves to scale AI ecosystem with new special economic zone
Oman establishes a Special Artificial Intelligence Zone in Muscat through a Royal Decree, offering incentives to attract tech firms and innovators. The initiative is part of Vision 2040 to expand AI adoption and foreign investment. It aims to diversify the economy and build domestic AI capabilities while integrating into global innovation networks.
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Alex Lab hack reportedly hits SPD Bank clients after earlier $8.3M exploit
A security breach at the Bitcoin DeFi protocol Alex Lab affected customers of Shanghai Pudong Development Bank. Alex Lab previously faced an $8.3 million exploit and has links to North Korean groups. The protocol pledged to reimburse users and has had previous security failures, with the latest incident involving $8.3 million in losses.
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Coinbase launches CUSHY digital credit strategy with tokenized share structure
Nexo is offering its 0% APR, no-liquidation Zero-interest Credit to Solana and XRP holders who want liquidity without selling their crypto. Coinbase Asset Management has introduced CUSHY, an on-chain digital credit strategy on Superstate’s FundOS platform, targeting on-chain public credit and tokenized yield sources across Solana and Base to bridge traditional fixed income with blockchain…
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Polymarket taps Chainalysis for on-chain surveillance to hunt insider trades
Polymarket partners with Chainalysis to implement on-chain surveillance for detecting insider trading and manipulation in its prediction markets. The move comes as trading volumes reach $7 billion monthly and regulatory scrutiny increases. Polymarket’s upgrade includes new smart contracts and a collateral token on Polygon, aiming to enhance market integrity.
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Gemini Secures CFTC clearing license, gains full derivatives infrastructure
Gemini’s Olympus unit received a CFTC clearing license to conduct in-house derivatives clearing for futures, options, perpetual contracts, and prediction markets. This license, along with a previous DCM license for Gemini Titan, positions Gemini as one of the few crypto-native platforms with complete regulatory infrastructure for derivatives trading in the U.S.
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ECB signals growing rate hike inclination as Lagarde stresses rising risks
Polymarket partners with Chainalysis to implement on-chain surveillance against insider trading and manipulation as trading volumes reach $7B monthly and regulations become stricter. The European Central Bank did not change interest rates at the April 30 meeting but signaled a potential rate hike in June due to increasing risks to inflation and economic growth.
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KelpDAO commits 2,000 ETH to DeFi united recovery fund for rsETH restoration
KelpDAO contributed 2,000 ETH to Aave-led DeFi United recovery plan to restore rsETH peg support after a bridge exploit on April 18. DeFi United raised over $300 million from ecosystem participants. Major contributors include Consensys, Mantle, Aave DAO, and LayerZero. The recovery effort aims to address funding gaps and restore normal operation.
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Ethereum applications guild launches to boost App ecosystem
The Ethereum Applications Guild is a global non-profit organization that aims to support and grow Ethereum’s application layer through membership fees and ETH staking yield donations. The organization focuses on accelerating real-world applications, connecting builder networks, creating evaluation frameworks, and securing sustainable funding. Their 2026 Global Applications and Developers Program targets emerging regions with education,…