XRP Ledger Address Count Hits Record High
CryptoQuant’s XRP addresses chart shows the XRP Ledger’s total address count reached a new high in early May, extending a steady climb in network participation. The
CryptoNews (Latest Publications)
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State Street and Galaxy Launch Tokenized Cash-Management Fund for Onchain Liquidity
TL;DR: State Street Investment Management and Galaxy Asset Management launched SWEEP, a tokenized private liquidity fund for 24/7 onchain cash management through stablecoins. SWEEP launches on
Kraken and MoneyGram Launch Global Crypto‑to‑Cash Network for Instant Withdrawals
TL;DR: The integration allows withdrawals in hundreds of fiat currencies through a network of approximately 500,000 retail locations. The initial rollout of this off-ramp service covers
Drift Protocol Outlines User Recovery Plan Ahead of Relaunch and Governance Vote
TL;DR: Drift Protocol was hacked on April 1, 2026, by a North Korea-linked actor, resulting in approximately $295 million in user funds lost. The recovery plan
Stellar Development Foundation Invests $1M in Ascend to Advance Regulated RWA Credit Infrastructure
TL;DR: Stellar Development Foundation invested $1 million in Ascend to support compliant credit infrastructure for regulated real-world assets on Stellar. Ascend uses ERC-3643, identity-aware issuance and
Digital Asset Products Log $117.8M Inflows, Extending Five‑Week Positive Streak
TL;DR Weekly flows: Digital Asset products logged $117.8 million in inflows after a Friday rebound erased four days of outflows. Asset performance: Bitcoin led with $192.1
Kalshi, Hyperliquid and Interactive Brokers Continue Offering Prediction Markets to Dutch Users
TL;DR: Dutch users can still access Kalshi, Hyperliquid and Interactive Brokers prediction markets despite February’s Polymarket ban for operating without a gambling license. Ksa warned similar
Coinbase Cuts 14% of Staff in Major Restructuring Driven by AI Adoption
TL;DR: Coinbase announced the layoff of approximately 660 employees, 14% of its 4,700-person workforce, in response to the bear market. CEO Brian Armstrong attributed the cuts
a16z Launches $2.2B Crypto Fund to Reinforce Its Bet on Blockchain Startups
TL;DR: Andreessen Horowitz launched Crypto Fund 5, a $2.2 billion vehicle designed to back blockchain founders across stages and deploy capital over a decade. The fund
Coinbase Australia Adds Self‑Managed Super Fund Features for Crypto Portfolios
TL;DR: Coinbase launched dedicated support for self-managed retirement funds in Australia after obtaining an AFSL license last month. Australia’s Self-Managed Super Funds encompass more than 664,000
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