Day

May 1, 2025

Real-world assets do not need institutions yet, Plume CEO says

May 1, 20250
Amid the intensifying global race to tokenize real-world assets, the market is still too nascent for institutional adoption, according to Chris Yin, the co-founder and CEO of Galaxy-backed RWA platform Plume.Institutional capital is yet to enter the RWA market, and it will take some time for institutions to see its value, Yin told Cointelegraph on...

Bitcoin price about to ‘blast’ higher as Fed rate cut odds jump to 60%

May 1, 20250
Key takeaways:Bitcoin holds $95,000 as Fed rate cut odds rise to 60% for June 18 and US economy slumps.Breaking $95,000 could push BTC price toward $100,000, while dropping below $93,000 may bring the $84,000 back into the picture.Key Bitcoin levels to watch remain around the long-term holders’ cost basis. Bitcoin (BTC) is once again attempting...

Morgan Stanley eyes crypto rollout for E*Trade platform: Bloomberg

May 1, 20250
Banking giant Morgan Stanley reportedly plans to list cryptocurrencies on its E*Trade investment brokerage and trading platform.According to a May 1 Bloomberg report, the firm intends to list crypto assets on E*Trade in 2026. The plan is still in early development, and the bank is said to be exploring partnerships with established crypto firms to...

Google subpoena scam: What it looks like and how to avoid it

May 1, 2025, 0
What is a Google subpoena scam? The Google subpoena scam is a type of phishing attack where fraudsters impersonate Google to create a false sense of urgency and fear. Typically, you will receive an email that appears to come from no-reply@google.com, claiming to inform you of a subpoena, a formal legal request. The email will often...

MEXC launches $300M Web3 fund, commits to ‘strategic investment’

May 1, 20250
Crypto exchange MEXC has announced a $300 million ecosystem development fund aimed at supporting Web3 projects over the next five years.The initiative, unveiled at Token2049 in Dubai, is designed to support early-stage blockchain technologies, public chains, wallets, and decentralized tools critical to shaping the future of crypto infrastructure, according to a press release shared with...

Eric Trump: USD1 will be used for $2B MGX investment in Binance

May 1, 20250
Abu Dhabi-based investment firm MGX will use a stablecoin linked to US President Donald Trump’s family to settle a $2 billion investment in Binance, the world’s largest cryptocurrency exchange.The World Liberty Financial USD (USD1) US dollar-pegged stablecoin was launched by the Trump-associated crypto platform World Liberty Financial (WLFI) in March 2025.MGX will use the USD1...

MultiBank, MAG, Mavryk ink world’s largest $3B RWA tokenization deal

May 1, 20250
MultiBank Group, the world’s largest financial derivatives institution based in Dubai, has signed a landmark $3 billion real-world asset (RWA) tokenization agreement with United Arab Emirates (UAE)-based real estate giant MAG and blockchain infrastructure provider Mavryk.The deal represents the largest RWA tokenization initiative globally to date and highlights the upcoming launch of MultiBank’s native utility...

Ethena partners with TON to offer USDe to one billion Telegram users

May 1, 20250
Decentralized stablecoin platform Ethena has partnered with The Open Network (TON) to make its stablecoins available to Telegram’s user base of over one billion people.The partnership, announced on May 1 at Token2049 in Dubai, will see the deployment of Ethena’s USDe (USDE) and Ethena Staked USDe (sUSDe) natively within the TON blockchain.The sUSDe variant will...

Metaplanet to open US arm, plans to raise $250M for Bitcoin strategy

May 1, 20250
Metaplanet — a Japanese company focused on accumulating Bitcoin — announced it will launch a United States-based subsidiary.In a May 1 X post, Metaplanet announced that the firm is launching a wholly owned subsidiary in Florida. Furthermore, the new subsidiary is expected to raise up to $250 million of capital to fuel its Bitcoin (BTC)...

Restaking can make DeFi more secure for institutional traders

May 1, 20250
Opinion by: Amitej Gajjala, co-founder and CEO of Kernel DAOThe restaking narrative has moved fast — from side conversations in validator circles to the forefront of DeFi infrastructure discussions.It’s not hard to see why. DefiLlama states that major liquid restaking protocols now hold over $12 billion in total value locked (TVL), with dozens of middleware...
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