The numbers are as absurd as Musk’s Twitter feed. A valuation between $1.75 trillion and $2 trillion? Sure, why not. A $75 billion capital raise? Pocket change, darling. And let’s not forget the 21-bank syndicate led by the usual suspects-Morgan Stanley, Bank of America, and the rest of the Wall Street gang. Oh, and 30% of shares for retail investors? That’s like throwing a bone to the peasants while the kings feast on caviar.
This is different from Tether’s previous actions in South Korea. Before, they only registered the names of their stablecoins. Now, registering the entire Tether brand suggests they’re planning to build a real business operation in the country, going beyond simply trademarking their name.
In a tale that could only be spun in the absurd theater of DeFi, MAP Protocol and ButterNetwork have confessed to a breach in their Butter Bridge V3.1 system on Ethereum and BNB Chain. An audacious attacker, with a mind as sharp as it is devious, minted nearly 1 quadrillion MAPO tokens-a number so vast it mocks the very concept of value.
HYPE’s price has recently found stability around the $45 to $47 range. This area is considered a key support level by many traders, as it was where the price recently broke through resistance.
In late 2025, the European Central Bank reported that nearly all stablecoins in use (around 99%) are pegged to the U.S. dollar. While the amount of stablecoins not based on the dollar has increased significantly over the past five years, their portion of the overall market has actually decreased.
Securitize, a platform that turns real-world assets into tokens, announced a record $19.5 million in revenue for the first three months of 2026. This represents a 39% increase compared to the same period last year.
At the Digital Money Summit on May 19, Massad recounted that while no high‑flying central‑bank chief has yet taken the stage, that’s no reason the US isn’t quietly pulling the strings behind a curtain painted like a holiday card.
The way investors view institutional interest in Bitcoin has shifted. Consistent money flowing into spot Bitcoin ETFs is generally seen as a positive sign, indicating confidence from professional investors like asset managers and hedge funds. However, when money flows *out* of these ETFs, it’s harder to interpret – are institutions losing interest in Bitcoin, or are they just adjusting their portfolios after a period of price swings?
The two firms that decreased their holdings offer contrasting details. Morgan Stanley slightly reduced its stake, decreasing it by $7 million from $999 million to $992 million – a change of just 0.7%, which is practically negligible. Norges Bank Investment Management maintained its $626 million position without any recorded changes.
During a House subcommittee hearing on Wednesday, Barrage stated that banks are collaborating with external companies to offer services like secure cryptocurrency storage, digital versions of traditional deposits, and easier access to cryptocurrency trading for their customers.