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US Bond Markets Sell Off As Iranian Drones Hit UAE Fujairah Hub

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Brent crude jumped more than 5% on Monday to above $120 a barrel, but US bonds rose sharply as Iranian drones struck the Fujairah Oil Industry Zone, the UAE’s main oil export outlet outside the Strait of Hormuz. The UAE Ministry of Defence intercepted three of four Iranian cruise missiles, while a fourth fell into … Read more

Western Union’s USDPT Hands Crypto a 500,000-Location Cash Network on Solana

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Western Union launched its U.S. Dollar Payment Token (USDPT) on Solana today. Anchorage Digital Bank issues the asset, which routes regulated digital dollars through the company’s 400,000-agent global network. Anchorage is the first federally chartered crypto bank in the United States. Western Union’s existing compliance and payout infrastructure handles the rest, giving USDPT a footprint … Read more

Elon Musk Is Now Worth More Than an Average Country’s GDP

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Elon Musk’s net worth crossed $800 billion this weekend, and the Tesla and SpaceX chief is not slowing down. Pressed on the figure, Musk fired back with a $10 trillion target. Musk’s wealth now equals 2.7% of the US gross domestic product. That share is unmatched since John D. Rockefeller’s Standard Oil era in 1913. … Read more

WLFI Soars 12% As World Liberty Financial Sues Justin Sun for Defamation

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World Liberty Financial filed a defamation lawsuit against Tron founder Justin Sun on Monday. The complaint accuses Sun of running a paid smear campaign to crash the WLFI token. The Trump-linked Decentralized Finance (DeFi) project says Sun used press, influencers, and bots to amplify false claims after the freeze of his tokens. Sun has rejected … Read more

Bitget CFD Volume Surges to $8B as Gold Trading Drives Accelerated Growth

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Bitget, the world’s largest Universal Exchange (UEX), has recorded a new milestone in its CFD business, with daily trading volume reaching $8 billion, less than half a month after surpassing $6 billion in March. The surge comes amid a broader rise in global gold demand and trading activity. Investment demand for gold increased 84% year-on-year … Read more

Bitget Celebrates Blockchain4Youth’s 3rd Anniversary with Bitcoin Pizza Day Resume Delivery Campaign

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Bitget, the world’s largest Universal Exchange (UEX), is celebrating the 3rd anniversary of Blockchain4Youth with the launch of Boxed for Opportunity, a global campaign designed to connect emerging Web3 talent with real industry opportunities. Launched alongside the spirit of Bitcoin Pizza Day, the campaign brings a creative new format to talent discovery by turning standout … Read more

Kraken Parent Payward Accuses Etana of $25 Million Ponzi-Like Custody Fraud

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Payward, the parent company of crypto exchange Kraken, has accused Etana Custody and its CEO of orchestrating a Ponzi-like scheme. The alleged fraud misappropriated more than $25 million in customer reserve funds. The second amended complaint was filed May 4, 2026 in the U.S. District Court for the District of Colorado. It escalates earlier breach-of-contract … Read more

MicroStrategy Halts Preferred-Share Sales That Powered April’s Bitcoin Buying

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MicroStrategy halted sales of all four preferred-share classes last week. The move idled the financing engine behind its biggest Bitcoin (BTC) buys of 2026. The pullback left Strategy’s MSTR common stock as the only active funding source. The company raised $82 million from share sales but bought no Bitcoin during the seven-day window. Preferred-Share Pipeline … Read more

Will AI Save Bitcoin Miners? Q1 Crypto Earnings Preview

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Bitcoin miners enter Q1 2026 earnings week with thinning margins as the 2024 halving’s revenue cut bites. The AI hosting pivot now faces its first public scorecard, with Bitcoin (BTC) trading near $80,000. Strategy (MSTR), Cipher Mining (CIFR), Hut 8 (HUT), Core Scientific (CORZ), Coinbase Global (COIN), Block (XYZ), and TeraWulf (WULF) all report between … Read more