Circle’s ARC Token Presale Closes at $222M, Valuing Arc Network at $3B
TL;DR: Circle raised $222 million in the presale of the ARC token, linked to its new Arc blockchain, which was valued at around $3 billion. CEO
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Bitcoin ETFs Log $145M Outflows; Ethereum Products Hold Steady
TL;DR Bitcoin ETFs: About $145.7M in outflows on May 8, led by Fidelity’s $97.6M withdrawal, following $268M the previous day. Market Impact: Bitcoin dipped below $80K
Australia Plans CGT Grace Period for New Assets
The Australian Financial Review reported that Australia’s Labor government will offer a one-year grace period for planned changes to capital gains tax discounts and negative gearing.
Crypto.com Wins UAE Approval for Digital Asset Transactions
TL;DR: Crypto.com’s UAE entity received a Stored Value Facilities license from the UAE Central Bank for Dubai government fee payments. Residents can fund payments with crypto,
Renegade.fi Confirms $190K Recovery From Whitehat Following Arbitrum Exploit
TL;DR: A white hat hacker attacked the Renegade protocol and returned nearly $190,000 hours after stealing 27 ERC-20 tokens on Arbitrum. Analytics platform Blockaid detected the
Synthetix Perps Adds Scaled Orders for Traders
Synthetix said that scaled orders are now live on Synthetix Perps, giving traders a way to automatically generate multiple limit orders across a defined price range.
Trezor and WalletConnect Pay Debut Live Payments Pilot
TL;DR: Trezor and WalletConnect Pay ran a live stablecoin payments pilot at WalletCon and EthCC Cannes, moving beyond card-only checkout. WalletConnect reported 100% successful transactions, 100%
Galaxy Digital Highlights Democratic Votes That Could Move CLARITY Act to the Senate Floor
TL;DR: Galaxy Digital identified seven Democratic senators as key figures to advance the Clarity Act in the Senate Banking Committee vote. Two legislators are favorable to
Fuutura Unveils Self-custodial Multi-asset Protocol
Fuutura revealed a non-custodial, multi-asset trading protocol with verified identity and self-custody embedded at the protocol layer. The company framed the launch around one verified user,
Digital Asset Funds Record $857.9M Inflows in Sixth Straight Positive Week
TL;DR Market Flows: Digital asset funds saw $857.9M in inflows, the strongest weekly figure since late April, extending a six‑week positive streak. Regulatory Catalyst: Sentiment improved
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