Quick Summary: Metaplanet bought 5,075 Bitcoin for roughly $405 million in Q1 2026, bringing its total holdings to 40,177 BTC worth about $4.18 billion. Metaplanet, the Tokyo-listed company, purchased 5,075 Bitcoin during the first quarter of 2026 at a cost of approximately $405 million, or around $79,898 per coin. The acquisition elevates the firm to the position of third-largest publicly listed Bitcoin treasury, according to data from Bitcoin Treasuries. The figures were shared with investors by chief executive Simon Gerovich in recently released materials.The company now holds a total of 40,177 BTC on its balance sheet, with an aggregate cost…
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Quick Summary: Solana-based DEX Drift Protocol confirms a $280 million exploit using pre-signed transactions, sparking debate over Circle’s decision not to freeze stolen USDC. Drift Protocol, a decentralized exchange built on Solana, has confirmed it was the target of a roughly $280 million exploit that the platform describes as a highly sophisticated operation. The attack began on Wednesday, with the protocol announcing it was under active assault before suspending deposits and withdrawals. Drift subsequently coordinated with security firms, bridges, and exchanges as part of its initial response.According to findings from a preliminary investigation shared on X, attackers exploited Solana’s durable…
Quick Summary: Polymarket’s daily fees topped $1 million following a March 30 overhaul that extended taker fees to finance, politics, and other new categories. Polymarket, the decentralized prediction market platform, has recorded a sharp rise in daily fees and revenue in the days following a fee structure overhaul introduced on March 30. Data from DefiLlama shows daily fees climbed from approximately $363,000 on Monday to over $1 million on both Wednesday and Thursday. Revenue retained after incentives reached nearly $995,000 on Wednesday before easing slightly to around $899,000 on Thursday.The fee expansion broadened taker charges beyond crypto and sports markets…
Quick Summary: Empery Digital, Genius Group, Riot Platforms, and Bhutan have all sold bitcoin this week for reasons ranging from debt repayment to AI investment. Empery Digital, Genius Group, and Riot Platforms have each sold bitcoin this week, joining a wave of institutional and sovereign disposals that has drawn attention across financial markets. The companies cited a range of motivations for their decisions, including debt repayment, liquidity requirements, and strategic realignment. The sales mark a notable shift in how some publicly listed firms are managing their digital asset holdings.Riot Platforms, a publicly traded bitcoin mining company, is among those offloading…
Quick Summary: Bitcoin, gold, and U.S. stocks fell sharply after President Trump outlined ongoing military operations against Iran and warned of intensified strikes ahead. Bitcoin and broader financial markets, including gold and U.S. equities, dropped sharply following a prime-time address by President Donald Trump on Wednesday, in which he provided an update on the U.S. military campaign against Iran. The operation, codenamed Operation Epic Fury, has been underway for one month. Trump declared significant progress, stating that Iran’s navy had been destroyed, its air force severely damaged, key militant leaders eliminated, and the country’s missile capabilities substantially reduced.Trump framed the…
Quick Summary: OpenEden has launched HYBOND, the first tokenized product linked to BNY Investments’ high-yield bond strategy, expanding the real-world asset market. OpenEden has introduced HYBOND, a tokenized product that gives qualified investors access to a managed portfolio of corporate bonds. The offering is described as the first tokenized product tied to BNY Investments’ Global Short-Dated High-Yield Bond strategy. It represents a notable step in the evolution of tokenized financial products, moving beyond the cash-equivalent and treasury strategies that currently dominate the sector.HYBOND is issued through OpenEden Digital Limited, a Bermuda-regulated entity, while BNY Investments retains responsibility for managing the…
Quick Summary: Coinbase’s chief legal officer says the US Digital Asset Market Clarity Act is nearing a Senate markup hearing as lawmakers close in on a deal. Coinbase chief legal officer Paul Grewal says the US Digital Asset Market Clarity Act is moving toward a markup hearing in the Senate Banking Committee and could advance to a floor vote if senators resolve an ongoing dispute over stablecoin yield. Speaking in a Wednesday interview on Fox Business, Grewal indicated that lawmakers are nearing agreement on the core elements of the crypto market structure bill. “I think we’re very close to a…
Quick Summary: Metaplanet acquired 5,075 BTC in Q1 2026 for $398 million, pushing total holdings to 40,177 BTC and overtaking MARA Holdings. Metaplanet has climbed to third place among corporate Bitcoin holders after purchasing 5,075 BTC during the first quarter of 2026. The acquisitions cost approximately $398 million, bringing the company’s total holdings to 40,177 BTC. At current valuations, that position is worth around $3.9 billion. The move marks a significant milestone in Metaplanet’s ongoing strategy to accumulate Bitcoin on its balance sheet.The Japanese firm’s rise to third place comes as MARA Holdings saw its own BTC position reduced, allowing…
Quick Summary: Ripple has integrated native digital asset management into its GTreasury-based system, letting CFOs handle XRP and RLUSD alongside fiat in one interface. Ripple has added native digital asset capabilities to its enterprise treasury management system, which is built on the GTreasury platform. The integration allows chief financial officers to manage XRP and RLUSD alongside traditional fiat currencies within a single unified interface. The move is positioned as a significant step in bringing digital assets into mainstream corporate treasury operations.The update introduces two core features: Digital Asset Accounts and Unified Treasury. Together, these tools provide real-time fiat valuations of…
Quick Summary: Nishad Singh, former FTX head of engineering, will pay $3.7 million and face trading bans to resolve a US commodities regulator enforcement action. Nishad Singh, the former head of engineering at collapsed crypto exchange FTX, has agreed to pay $3.7 million to settle an enforcement action brought by the US Commodity Futures Trading Commission (CFTC). The settlement, outlined in a supplemental consent order, also imposes a five-year ban on trading in regulated markets and an eight-year registration ban that prevents Singh from obtaining a license to operate in the sector. The CFTC confirmed the terms in a statement…
