Crypto World
Spartans.com Built the 14th Biggest Casino in Beta – Now Watch What August 1st Does to Winna and Betano’s Market
Spartans.com is in its beta stage and has already posted numbers that most fully operational platforms take years to produce. The top crypto casino contender already holds a 14th global ranking with $1 billion in wagers and a $7M leaderboard running, all before August 1st. This is the story the industry is tracking. Winna, launched in 2024, is building a crypto-native audience through instant rakeback and VIP status match programmes, including a strong selection of live casino games.
Betano, operated by Kaizen Gaming, is now live in 20 regulated markets following its February 2026 Ghana launch, with a deep catalogue that includes competitive live casino games across its global network. Both represent serious operators. The question August 1st poses to all of them is the same.
Spartans.com: The Record Setting Beta Stage is a Sign Things to Come
Spartans.com is in its beta stage. That is where every number in this article was produced. $1,000,000,000 in total wagers. $100,000,000 in player deposits. $40,000,000 in Gross Gaming Revenue. 27,000 first-time depositors acquired before full global access. A 14th global ranking earned ahead of platforms with years of full operation. This is not a warm-up act. This is a platform that spent its beta stage building the kind of commercial track record that made August 1st inevitable.
The top crypto casino architecture behind these numbers is not complicated to understand. The 33% CashRake system returns up to 33% of the house edge automatically on every wager, plus 3% cashback on losses, from the very first bet with no VIP tier requirements. Near-instant withdrawals and uncapped limits removed every friction point the traditional industry depends on. The $7,000,000 leaderboard, the largest prize pool in online casino history, with $5,000,000 reserved for a single first-place winner, is running live right now, in beta. The community’s first millionaire was crowned during the beta stage.
Era Istrefi, Conor Benn, and streaming duo Sweetflips are active brand ambassadors before the global launch. A $3,000,000 Mansory Koenigsegg Jesko giveaway is running simultaneously. Every element of the platform, the prize infrastructure, the CashRake, the instant payouts, the cultural partnerships, is operating in beta, producing results that put Spartans.com in the same rankings as platforms that have been running for years.
August 1st is when every remaining barrier to global access comes down simultaneously. The beta already answered what this platform is. August 1st answers what happens next.
Winna: A Crypto-Native Platform Built Around VIP Retention
Winna launched in 2024 under a Tobique Gaming Commission licence and has built its identity around ongoing rewards rather than one-off welcome bonuses. The platform stands out with instant rakeback every seven minutes, a $1 minimum crypto deposit, and over 5,200 slots in its library. Its seven-tier VIP programme scales from Bronze through to Nebula, with the top-tier prize wheel offering up to $3.25 million.
A distinctive VIP Status Match programme allows high-volume players to transfer their ranking from another casino and receive cash bonuses of up to $27,000 from day one. Winna’s live casino games section is powered by Evolution and Pragmatic Play Live. As of February 2026, the platform faced increased scrutiny on Trustpilot following reports of a display issue that users interpreted as a security breach, though Winna characterised it as a visual bug with no financial impact on accounts.
Betano: 20 Regulated Markets and Expanding
Betano, operated by Kaizen Gaming, reached a significant milestone in February 2026 with its launch in Ghana, its 20th regulated market launch worldwide and its second market in Africa after Nigeria. The platform operates under licences including the UK Gambling Commission and the Alcohol and Gaming Commission of Ontario, offering over 3,000 casino games and a comprehensive sportsbook covering more than 35 sports.
Its live casino games section features over 500 live dealer tables powered by NetEnt, Pragmatic Play, and Games Global. Betano won EGR’s Operator of the Year award in 2024 and continues to expand its regulated footprint across Europe, Africa, and the Americas. The platform does not currently support cryptocurrency payments, positioning it within the traditional fiat-first regulated market segment.
Summing Up
Winna is building a loyal VIP-focused crypto community through a retention model that rewards consistent play with instant live casino games access and rakeback every seven minutes. Betano is executing a disciplined regulated expansion with 20 market launches and a growing presence across three continents. Both represent serious platforms with clear strategies.
And both now operate in an industry where Spartans.com, a top crypto casino still in its beta stage, has already produced $1 billion in wagers, crowned a community millionaire, launched the largest leaderboard prize pool in casino history, and earned a 14th global ranking before its first day of unrestricted global operation. August 1st is not a beginning. It is the next chapter.
Find Out More About Spartans:
Website: https://spartans.com/
Instagram: https://www.instagram.com/spartans/
Twitter/X: https://x.com/SpartansBet
YouTube: https://www.youtube.com/@SpartansBet
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Crypto World
Strategy’s bitcoin bet back in profit after $11B drawdown
Michael Saylor’s bitcoin (BTC) treasury at Strategy is back in the green this morning — but only barely, and only because BTC gave him a lucky break after the US and Iran announced the reopening of the Strait of Hormuz.
Strategy (formerly MicroStrategy) now holds 780,897 BTC at a blended average cost basis of $75,577 per coin, according to its own disclosure page.
The company’s total expenditures to amass that hoard cost cost $59 billion. BTC traded above $77,870 this morning, making the stack worth roughly $60.8 billion. The unrealized gain works out to $1.8 billion, or a 3% gain.
After nearly six years of leveraged buying, debt issuances, perpetual preferred sales, and common stock dilution, the company has staged a multi-billion dollar comeback this morning.

Strategy’s $11B unrealized loss to green again
Protos previously reported that Strategy owned 640,031 BTC on October 6, 2025 at an average cost of $73,983. BTC traded near $125,000 per coin that day.
The company’s paper profit at that time was an impressive $32 billion.
Saylor, who pledges never to liquidate BTC, proceeded to hold every coin through a gut-wrenching downturn.
Four months later, on February 6, BTC dropped to an intraday low of $59,930. Strategy by then held 713,502 BTC acquired for $54.26 billion at an average of $76,052 per coin. Worse, Saylor had kept buying through the decline, at prices far above the low.
At the February 6 low, the position was worth just $42.7 billion.
The unrealized loss had reached negative $11.50 billion, or a negative 21.2% unrealized loss.
Besides seeing more red on his screen, nothing much else about the corporation changed over that time period.
The company’s board of directors kept declaring preferred share dividends on-time. Common stockholders kept suffering dilution, as usual.
Saylor kept posting orange dots, a visual representation of the company’s BTC purchases.
The primary thing that changed was the whipsawing price of the one asset that he had repeatedly promised never to sell.
Read more: Buying the dip? Strategy prefers the top of the range
Saved by a Strait of Hormuz rally
Fortunately, BTC has since rallied roughly 30% off that February low. Strategy’s holdings, now up to 780,897 BTC, sit in positive territory as of a few hours ago.
The chart tells the story of Strategy’s intraday success. The asset, not the company’s management, rescued their leveraged position.
Saylor’s buying through the drawdown arguably made the recovery thinner. Q1 2026 buys carried a volume-weighted cost near $80,929 per coin, and his weekly purchases overwhelmingly landed in the upper half of each week’s available trading range.
Those overpriced buys are what pushed the company’s blended cost basis up. The same company that once sat on a $32.6 billion gain in October now has a $1.8 billion gain, and was more than $11 billion underwater in the interim.
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Crypto World
BTC, ETH, XRP, BNB, SOL, DOGE, ADA, BCH, LINK
Bitcoin bulls charge back into the spotlight as the largest cryptocurrency retook a key barrier near $76,000, a move traders say could open the door to a more sustained rally. The backdrop includes a rare on-chain signal: whales have been accumulating at scale, with CryptoQuant data indicating roughly 270,000 BTC added to wallets holding more than 1,000 BTC in the past 30 days—the strongest spree since 2013. That buildup, together with a geopolitical backdrop that included Iran’s comment on keeping the Strait of Hormuz open during a U.S.-Israel-Iran ceasefire, has contributed to a cautious, albeit constructive, mood among market participants.
Analysts warn that while the trajectory looks positive, a clean breakout needs to be confirmed by sustained price action above critical levels and a continued on-chain bid. In particular, observers look to whether the market can sustain momentum beyond a nearby pivot and avoid a quick pullback that would trap late buyers. Still, a handful of onboard signals suggest the current move could have more legs, even if the path remains bumpy.
Key takeaways
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Bitcoin clear of the $76,000 hurdle has traders eyeing an ascent toward $84,000 and ultimately the $92,000 zone if the price closes above resistance and sustains the breakout.
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Whales have piled into BTC at the fastest pace seen in a decade, with about 270,000 coins added to large holders in the last 30 days, according to CryptoQuant data.
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Analysts flag potential near-term hurdles: a close above the pivotal level could form an ascending triangle pattern, but a break below the moving averages may nod to renewed bear pressure.
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Altcoins are broadly performing, with Ethereum and several other top assets testing key short- and mid-term resistance levels that could reshape the near-term trend if broken.
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Market watchers urge caution: a bull-market confirmation would require price action to clear several hurdles including a sustained close above important moving averages and a weekly RSI signal above critical thresholds.
Bitcoin price outlook: a rising odds scenario
Bitcoin rose decisively past a recent resistance around $76,000, signaling renewed demand from bulls after a period of consolidation. The chart setup points to an ascending-triangle formation that could unlock a path to higher targets if bid interest remains firm. A close above $76,000 would complete that pattern, opening the door toward $84,000 and, on a continued impulse, toward the $92,000 region.
On the technical side, the 20-day exponential moving average sits at about $72,100, providing a rising support buffer for the short term. The RSI hugging the upper end of its range indicates momentum is skewed toward buyers, though traders watch for any signs of exhaustion that could precede a pullback. If prices dip back below the moving averages, the bulls would lose traction and a trip toward the triangle’s lower boundary could unfold, potentially reintroducing a more defensive tone to the market.
Ether and the broader altcoin sleeve
Ethereum’s bid to extend its recovery remained intact as buyers defended the $2,415 level against a test from sellers. A daily close above that resistance could push ETH toward $2,800, and then $3,050, spotlighting a potential bottoming process that began near the $1,748 area earlier in the cycle.
Beyond ETH, traders are watching XRP’s pattern: after closing above the 50-day simple moving average, the chart shows the 20-day EMA turning upward and the RSI in a constructive zone. A breakout past the nearby downtrend line could catalyze a move toward the next resistance cluster, but a break below moving averages would reopen risk of a deeper retracement toward the $1.27 floor.
BNB, meanwhile, confirmed a shift in near-term momentum by closing above the 50-day SMA. If this uptrend sustains, the next upside milestones sit near $687, with potential extensions to $730 and $790 should buyers maintain control.
Solana, Dogecoin and other micro-movers
Solana’s price action has also shifted in bullish fashion, with the close above moving averages suggesting a test of the $98 resistance. A breakout above that level would remove some near-term overhead supply and could pave the way toward the $117 mark, while a rejection at $98 may elongate the consolidation phase.
Dogecoin is echoing a similar sentiment, bouncing off the moving averages and approaching the $0.10 area. If buyers sustain the headline momentum, a climb to $0.11 and possibly $0.12 could unfold, though the bears remain keen to defend key supports that could snap the rally if breached decisively.
Hyperliquid (HYPE) traders remain focused on breakout levels, with the price needing to hold above the $43.76 breakout point to keep the run intact. A push through $46 could clear the way toward the $50–$51.43 zone, whereas a reversion below the 20-day EMA and the 50-day SMA could re-open risk of a deeper pullback toward the lower bound.
Smaller caps and the Chainlink view
Cardano is quietly reasserting strength, moving toward the upper boundary of its current channel and eyeing a potential break past the downtrend line. A decisive move higher could target the $0.32–$0.37 range, signaling a possible early trend change for ADA.
Bitcoin Cash is perched around the 20-day EMA and wrestling with immediate resistance at the 50-day SMA. If bulls manage to clear that barrier, BCH could accelerate toward $486 followed by a test of $520; failure to hold the near-term supports could invite a retest of lower levels near $419.
Chainlink faces a battle around the $8–$10 zone, where sellers have historically stepped in. A lasting close above $10 would likely reawaken the bullish case and could propel LINK toward $11.61, contingent on continued demand and a break past residual overhead supply.
What this means for risk and opportunity now
The current setup paints a blend of cautious optimism and on-chain caution. The rapid accumulation among large BTC holders signals that the market’s biggest players are bracing for higher prices, a factor that can provide a more durable bid if sustained. Yet the bear case remains open if prices fail to cling to the moving averages or if macro or geopolitical headlines inject volatility into the mix. In that sense, traders should watch the interplay between spot price action and on-chain signals—especially the resilience of key moving averages and the ability to close decisively above them on a weekly timeframe.
For investors, the story hinges on whether the market can defend the breakout in Bitcoin and maintain leadership across leading altcoins. If BTC can sustain a move above mid-range targets, other assets with favorable chart structures may follow suit, lending credence to a broader risk-on cycle. Conversely, if risk controls tighten or selling pressure reasserts near the moving averages, the rally could stall and reintroduce a longer consolidation phase.
Looking ahead, market watchers will be paying close attention to hold levels around $78,100—identified by analysts as a critical line for validating a structural shift toward a bull market—and to the evolving on-chain backdrop that has shown strong large-holder demand in recent weeks. The next few sessions could reveal whether this rally is a sustained unwind or a relief move within a larger, uncertain regime.
Readers should keep an eye on how price action evolves around the moving averages and the key resistance zones outlined for each asset. As always, developments in macro risk, regulatory hints, and geopolitical headlines will influence the tempo and magnitude of any upcoming moves.
Crypto World
Singapore Gulf Bank Launches USDC Mint Service With 24/7 USD Conversion on Solana
TLDR:
- Singapore Gulf Bank enables 1:1 USD to USDC conversion with round-the-clock settlement on the Solana network
- The service removes fees for a limited time, allowing institutions to test seamless crypto-fiat transactions
- Wu Blockchain reported that the platform supports instant minting and redemption without time restrictions
- The bank plans to extend access to retail users by the end of Q2 after the initial institutional rollout phase
Singapore Gulf Bank has introduced a new stablecoin service that enables direct conversion between USD and USDC on Solana.
The offering provides continuous settlement and removes fees for a limited period, targeting institutional participants at launch.
Institutional Access to 24/7 Stablecoin Conversion
Singapore Gulf Bank has rolled out a mint and redeem service for USDC, allowing direct conversion between USD and USDC. The service supports a one-to-one exchange ratio and operates without fees during the initial phase.
A post shared by Wu Blockchain on X reported the launch and confirmed key features of the service. The tweet noted that the platform enables 24/7 settlement on Solana while maintaining a fixed USD–USDC conversion rate.
The service operates on the Solana network, which is known for fast transaction speeds and low fees. As a result, clients can complete transactions at any time, including weekends and holidays. This continuous availability supports institutions that require round-the-clock liquidity.
In addition, the fee waiver lowers entry barriers for early users. Institutions can test the service without incurring extra costs. This approach may support early adoption while giving the bank time to scale operations.
The focus on institutional users reflects current demand patterns in digital asset markets. Large entities often require efficient fiat-to-crypto rails for treasury and trading operations. Therefore, the service is positioned to meet those operational needs.
Expansion Plans Toward Retail Users
Singapore Gulf Bank has stated that the service will extend to individual users by the end of the second quarter. This planned rollout suggests a phased approach to onboarding. The bank appears to be testing the infrastructure with institutional flows before opening wider access.
The tweet referenced the official announcement, which confirms that retail availability remains part of the near-term roadmap. As a result, individual users may soon gain direct access to minting and redeeming USDC through the platform.
Moreover, the use of Solana may appeal to users seeking faster settlement compared to other networks. The blockchain’s design supports high throughput, which aligns with payment and conversion use cases. This setup could support broader participation once retail access begins.
At the same time, the bank’s move reflects growing interest in stablecoin services tied to traditional finance. Institutions and individuals continue to look for reliable on-ramps and off-ramps. Therefore, offerings that combine fiat access with blockchain settlement are gaining attention.
The current rollout remains limited to selected clients. However, the upcoming expansion indicates a wider strategy. By gradually opening access, the bank can monitor performance and user activity while refining the service.
Crypto World
Kraken’s parent company Payward to acquire derivatives exchange Bitnomial for $550 million in cash and stock.
Crypto exchange Kraken’s parent company has agreed to acquire digital asset derivatives platform Bitnomial for up to $550 million, in a cash-and-stock transaction that values the firm at $20 billion, Payward said in a press release exclusively shared with CoinDesk.
Bitnomial, founded over a decade ago, is the first crypto-native platform to secure all three licenses required to operate a full-stack derivatives business in the U.S. It has approvals to operate a designated contract market, a derivatives clearing organization and a futures commission merchant. The acquisition effectively shortcuts years of regulatory buildout for Payward as it expands its U.S. footprint.
While Kraken trails platforms like OKX, Bybit and Coinbase (COIN) in spot trading volumes, it remains a major player in the crypto derivatives market.
Kraken is a U.S.-based cryptocurrency exchange where users can buy, sell, and trade digital assets like bitcoin and ether (ETH) using fiat or crypto. It has expanded into services such as derivatives, staking, and custody, positioning itself as a more full-service trading platform beyond a basic retail app.
“The shape of a market is determined by its clearing infrastructure, not its front end,” said Payward Co-CEO Arjun Sethi, pointing to Bitnomial’s crypto-native settlement, collateral and 24/7 trading capabilities as core to the strategy.
Deal activity in the crypto sector has begun to pick up after a prolonged downturn, as firms look to consolidate capabilities and shore up infrastructure following years of market volatility and regulatory scrutiny.
Larger, better-capitalized players are increasingly targeting acquisitions that fill strategic gaps such as custody, derivatives or compliance, rather than pursuing growth at any cost. At the same time, depressed valuations have created opportunities for buyers, while smaller startups facing funding constraints are more open to being acquired, setting the stage for a more pragmatic phase of industry consolidation.
Scaling up
Kraken has been scaling up ahead of its planned initial public offering (IPO). Payward said it confidentially submitted a draft S-1 to the U.S. Securities and Exchange Commission on November 19 last year.
However, CoinDesk reported last month that the firm had put its IPO plans on hold due to difficult market conditions. According to sources, the company is still considering an initial public offering, but probably not until market conditions improve.
In recent years, Kraken has pursued a relatively targeted but increasingly strategic M&A strategy focused on expanding beyond pure crypto trading into multi-asset and derivatives infrastructure.
The most significant transaction was its $1.5 billion acquisition of NinjaTrader in 2025, a U.S.-based retail futures platform and CFTC-registered FCM, marking the largest-ever deal between traditional finance and crypto and giving Kraken a direct foothold in U.S. derivatives markets and a large base of futures traders.
Prior to that, Kraken executed smaller tuck-in acquisitions such as BCM in 2023 and other platform or exchange purchases, including the later acquisition of Small Exchange, aimed at building out its derivatives and institutional capabilities.
Overall, Kraken’s deal activity signals a clear strategy. Using M&A to acquire regulatory licenses, trading infrastructure, and user bases that help it evolve into a broader, institutional-grade, multi-asset trading platform spanning crypto and traditional markets.
Derivatives business
The combined platform will integrate Bitnomial’s regulated infrastructure with Payward’s global distribution and liquidity across brands including Kraken and NinjaTrader. Initial offerings are expected to include spot margin, perpetual futures and options for U.S. clients under Commodity Futures Trading Commission oversight.
Payward has been building out its derivatives business globally, acquiring a U.K. crypto futures platform in 2019 and launching an EU offering in 2025. With Bitnomial, it now adds a fully regulated U.S. stack.
The deal also expands Payward Services, the firm’s B2B infrastructure arm, allowing banks, fintechs and brokerages to access regulated U.S. derivatives through a single API integration.
The transaction, which covers 100% of Bitnomial’s equity, is expected to close in the first half of 2026, pending customary conditions and regulatory filings.
“We are not acquiring a company. We are adding the infrastructure layer that makes the next generation of US derivatives possible,” Sethi said in emailed comments.
UPDATE (April 17, 12.40 pm UTC): Updates story with CEO quote in the final paragraph.
Crypto World
XRP Holders Now Have Direct Access to Solana DeFi Ecosystem
XRP (XRP) holders now have direct access to Solana’s (SOL) DeFi ecosystem through wrapped XRP (wXRP), a 1:1 backed token that lets them earn yield, swap, and lend without selling their native position.
The wrapped token, live through Hex Trust custody and LayerZero’s cross-chain bridge, is already supported in Phantom wallet, Jupiter Exchange, Meteora, Titan Exchange, and byreal_io.
New DeFi Options Without Leaving XRP
For holders who kept XRP primarily for payments and cross-border settlement, wXRP opens a new layer of utility. By depositing native XRP through Hex Trust’s authorized channels, users receive wXRP on Solana and can deploy it across liquidity pools, lending protocols, and decentralized exchanges.
Each wXRP corresponds to one native XRP locked in a segregated custody account.
The token is minted on deposit and burned on redemption, keeping supply fully matched. Holders can redeem back to the XRP Ledger at any time.
This also means wXRP can trade against Ripple’s RLUSD stablecoin on supported chains, giving holders more pairing options for managing their positions.
Risks XRP Holders Should Weigh
Despite regulated custody, wXRP introduces counterparty exposure to Hex Trust as the third-party custodian.
Cross-chain bridges, including LayerZero’s OFT standard, have historically faced exploits, though LayerZero’s architecture avoids unregulated intermediaries.
Minting, bridging, and DeFi participation also carry fees and potential slippage. Larger deposits may require KYC and AML verification through Hex Trust’s compliance process.
wXRP does not replace holding native XRP on the XRP Ledger for settlement use cases.
However, it gives holders a compliant path into one of the most active DeFi ecosystems without abandoning their core XRP exposure.
Despite the news, both XRP and Solana prices only recorded modest surges, rising 2% and 0.9%, respectively. As of this writing, XRP traded for $1.49 while SOL exchanged hands for $89.72.
The post XRP Holders Now Have Direct Access to Solana DeFi Ecosystem appeared first on BeInCrypto.
Crypto World
Truist Financial (TFC) Stock Climbs on Strong Q1 Performance with EPS Jump and Loan Portfolio Expansion
Key Highlights
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TFC shares rally 3.7% following robust Q1 performance with earnings growth and expanding loan book
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First quarter delivers elevated EPS, consistent revenue generation, and enhanced capital position
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Truist achieves positive momentum with rising profitability and continued balance sheet expansion
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Financial institution demonstrates enhanced operational efficiency alongside stable deposit base
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Quarterly performance showcases EPS advancement while maintaining consistent credit metrics
Truist Financial (TFC) advanced to $51.26, posting a 3.70% increase following the release of first-quarter financial results that demonstrated profitability improvements and ongoing lending growth. The banking institution generated $5.15 billion in total revenue, marking a 5.2% year-over-year increase, while earnings per share climbed to $1.09 compared with $0.87 in the prior-year period. The quarterly report underscored operational consistency, expense management discipline, and maintained financial strength.
Truist Financial Corporation, TFC
Profitability Advancement and Revenue Performance
Truist delivered net income attributable to common shareholders totaling $1.38 billion, demonstrating ongoing profitability momentum. Diluted earnings per share advanced to $1.09, driven by enhanced operational productivity and diversified income generation. The institution achieved a 13.8% return on tangible common equity, showcasing productive capital deployment.
Total revenue experienced a marginal sequential decline while maintaining year-over-year growth momentum. Net interest income totaled $3.60 billion, reflecting moderate sequential headwinds associated with shifts in deposit composition. Noninterest income remained stable at $1.55 billion, benefiting from heightened trading volumes and investment banking contributions.
The efficiency ratio declined to 57.9%, demonstrating enhanced cost management throughout the period. Expense reductions across staffing and professional service categories drove the overall cost decrease. Consequently, pre-provision net revenue exhibited strength, validating the bank’s operational execution.
Lending Portfolio Growth and Financial Position Enhancement
Truist grew its lending operations, with average loans and leases climbing to $327 billion throughout the quarter. Commercial lending segments drove the majority of growth, while consumer portfolios experienced modest contraction. Period-end loans totaled $329.2 billion, demonstrating sustained yet measured expansion.
The deposit base exhibited consistent growth, with average deposits ascending to $399 billion. Period-end deposits reached $404.1 billion, illustrating stable funding dynamics. Declining deposit costs also enhanced margins, with the average deposit cost decreasing to 1.55%.
Average earning assets expanded to $486.35 billion, reflecting incremental balance sheet progression. The loan yield compressed to 5.71%, influenced by repricing trends within the prevailing interest rate landscape. Reduced borrowing expenses and an optimized funding composition helped mitigate margin compression.
Credit Metrics and Financial Strength Remain Resilient
Truist preserved consistent credit quality, with net charge-offs registering 0.61% during the period. Nonperforming assets decreased to $1.79 billion, signaling managed credit exposure. Nonaccrual loans similarly declined to $1.72 billion, reinforcing overall portfolio consistency.
The allowance for loan losses maintained stability, with the ALLL ratio holding steady at 1.53%. Loans delinquent beyond 90 days remained flat, confirming consistent credit performance. These indicators reflected prudent risk oversight across lending operations.
Capital metrics remained robust, with the CET1 ratio maintaining a 10.8% level. The Tier 1 capital ratio achieved 11.9%, while the Tier 1 leverage ratio registered 9.9%. The company executed $1.1 billion in share repurchases, reinforcing shareholder returns and financial position strength.
Truist produced a well-rounded quarterly performance, merging profitability growth, expense discipline, and consistent lending expansion. Despite modest margin headwinds, the stable deposit base and solid capital foundation underpinned continued operational durability.
Crypto World
France’s finance minister calls for more euro stablecoins, expresses Qivalis support
Europe needs more euro-issued stablecoins and banks across the European Union (EU) countries must explore tokenized deposits, French Finance Minister Roland Lescure said Friday, according to Reuters.
The statements signal a potential shift in stance within the French government and its central bank.
Lescure expressed support for Qivalis, a group of 12 European banks, including BBVA, ING, UniCredit and BNP Paribas, that are set to launch a euro-pegged stablecoin in the second half of 2026, in a move they hope will counter U.S. dominance in digital payments.
“That is what we need and that is what we want.” Lescure said. “I also strongly encourage banks to further explore the launch of tokenised deposits.”
He also said that the relatively small volume of euro-pegged stablecoins compared to dollar-pegged ones was “not satisfactory”.
Former Finance Minister Bruno Le Maire spearheaded a strict regulatory stance against privately-issued fiat-pegged cryptocurrencies, saying they “had no place on European soil” and were a threat to “the sovereignty of nations.” And in 2023, La Maire was linked to a EU document revealing the European Commission’s plan to halt stablecoins from becoming widely used in place of fiat currency.
More recently, during a live confrontation with Coinbase CEO Brian Armstrong over stablecoins and yields, Bank of France Governor Francois Villeroy de Galhau warned that stablecoins and tokenized private money could accelerate what he framed as a political threat. “The first threat is privatization of money, and loss of monetary sovereignty,” he added.
Crypto World
Sam Altman’s World project launches major upgrade to fight deepfakes and bots
World, the Sam Altman-backed digital identity project, has unveiled on Friday what it calls its most significant upgrade yet to World ID, positioning the system as “full-stack proof of human” infrastructure aimed at consumers, enterprises and AI agents.
The overhaul, announced at an event in San Francisco, comes as concerns mount across the tech industry over bots, deepfakes and AI agents impersonating humans online, a trend World is explicitly targeting with a broader push into authentication, payments and internet services. Altman’s other major project is OpenAI, the firm behind ChatGPT and tools using the large language model AI platform.
World’s system relies on its custom-built “Orb” devices to establish what it calls proof-of-humanity. To obtain a World ID, users must visit an Orb in person, where the device scans their face and iris to generate a unique cryptographic code representing that individual.
The images are deleted after processing, according to the company, and only anonymized fragments of the code are sent across a distributed network to confirm the person has not previously registered. The result is a credential that can prove someone is a unique human online without revealing their identity or personal data. Some critics, however, have flagged the use of biometric scanning via the Orb as a controversial aspect of the system.
At the core of the update is a redesigned architecture intended to improve privacy, security and usability. New features include account-based identity, multi-key support, recovery mechanisms, which give capabilities typically expected in large-scale security systems.
“World 4.0 is powerful, scalable and open,” senior executive Daniel Shorr said at the event. “In the age of AI, being human will be incredibly valuable and the internet will want to know you’re human,” he added.
The company is also introducing a dedicated World ID app, currently in beta, which will allow users to manage credentials and authenticate across platforms. The app reflects a broader ambition to make proof-of-human identity as seamless as logging into a social media account.
From dating apps to Zoom calls
Alongside the protocol update, World detailed a slate of integrations aimed at embedding its identity layer across consumer platforms.
On the consumer side, the company is expanding partnerships with platforms like Tinder, where users can display a “verified human” badge, and rolling out “Concert Kit,” a tool designed to help artists reserve tickets for verified individuals to combat scalper bots.
Gaming and online communities are another focus, with partnerships involving Razer and Mythical Games, while Reddit has signaled it is exploring similar identity tools for bot detection.
Enterprise use cases are also central to the rollout. World said it is working with Zoom on a feature called “Deep Face,” which verifies that a meeting participant is a real human rather than a deepfake, and with Docusign to incorporate proof-of-human checks into digital agreements.
In addition, World is rolling out new tooling, including “AgentKit,” to allow developers to attach credentials that prove there are humans to agents, which will be needed for sensitive actions and enable agent-based commerce tied to verified individuals.
The company is working with firms including Okta, Vercel and Browserbase on these capabilities, which aim to establish a trust layer for automated workflows without requiring personal data.
‘World ID is on the way to being a real human network for the internet,” said Sam Altman, the co-founder of World, at an event marking the announcement in San Francisco.
Read more: Sam Altman’s World Crypto Project Launches in US With Eye-Scanning Orbs in 6 Cities
Crypto World
Kraken Parent Payward Agrees to Acquire Bitnomial for $550 Million
Payward, the parent company of crypto exchange Kraken, has agreed to acquire Chicago-based Bitnomial for up to $550 million in a mix of cash and stock.
The deal is expected to close in the first half of 2026, subject to regulatory approvals. It would give Kraken a complete, CFTC-regulated derivatives stack that Bitnomial built over more than a decade.
What Kraken Gains From the Bitnomial Deal
Bitnomial operates three core entities under CFTC oversight. These include a designated contract market (DCM), a derivatives clearing organization (DCO), and a futures commission merchant (FCM) brokerage. Together, they form one of the only fully crypto-native, regulated derivatives stacks in the US.
The exchange has introduced several firsts to the US market. Its products include CFTC-regulated perpetual futures, physically settled Bitcoin (BTC) options, and leveraged retail spot crypto trading.
Bitnomial also allows traders to use crypto as margin collateral and settlement.
For Payward, the acquisition extends an aggressive infrastructure buildout. The company previously acquired NinjaTrader and Small Exchange to expand its derivatives capabilities.
A recent $200 million investment from Deutsche Börse Group valued Payward at roughly $13.3 billion.
Why This Deal Matters
The acquisition reflects a broader consolidation trend in crypto. Exchanges are prioritizing regulatory licenses and clearing infrastructure over front-end trading volume as competitive advantages.
As institutional demand for compliant US crypto derivatives grows, firms that control settlement and clearing rails may hold a structural edge.
How quickly Payward integrates Bitnomial’s technology and team with Kraken and NinjaTrader will shape the near-term payoff of this $550 million bet.
The post Kraken Parent Payward Agrees to Acquire Bitnomial for $550 Million appeared first on BeInCrypto.
Crypto World
4 Top Crypto Gainers 2026: BlockDAG Leads While Solana, Chainlink & TRON Build Steady Ground
The 2026 crypto market is opening up a remarkable window of opportunity. Investors are looking beyond Bitcoin and exploring a wider range of projects with real utility, strong exchange traction, and serious growth potential. Solana, Chainlink, and TRON each represent proven infrastructure with loyal communities behind them.
But the project generating the most concentrated momentum right now is BlockDAG with the BlockDAG Casino launching May 7, Gate.io confirming next week, and a private aftersale racing toward zero. These four top crypto gainers each tell a different story, and right now one of those stories is moving faster than the rest.
1. BlockDAG: Gate.io Locks In Next Week, 195x Window Is Narrowing
The forward momentum behind BlockDAG is accelerating at a pace that is difficult to ignore. Gate.io has officially confirmed the BDAG listing for next week, a milestone that will expose the coin to an entirely new audience of serious traders and add significant credibility to the project’s exchange profile. Hard on the heels of that listing, BingX is going live with BDAG soon, which will deliver direct trading access to millions of active participants across global markets.
May 7 is the date that changes everything. The BlockDAG Casino launches that day, converting BDAG from a presale asset into a project with a live, commercially operational platform generating real-world revenue. That transition is rare at this stage of a project’s life, and it fundamentally shifts how the market will price the asset going forward.
The presale is still running, but the situation is urgent. Reserves are running low, the timeline is genuinely limited, and Batch 4 claims open on April 27. Smart Wallet features are already active, giving the ecosystem functional utility ahead of the Casino debut. The entry price of $0.000000726 is still accessible, but that window closes as exchange volume from Gate.io and BingX begins to hit.
Analysts backing the 195x return projection are pointing at supply compression meeting surging demand: limited after-sales inventory, stacked Tier 1 listings, and a Casino launch that repositions BDAG as a utility-driven asset. Among the top crypto gainers in 2026, BlockDAG carries the most powerful near-term catalyst stack by a wide margin.
2. Solana: High-Speed Infrastructure Powering DeFi
Solana’s technical foundation remains one of the strongest in the Layer 1 space. Its Proof-of-History consensus supports a theoretical throughput exceeding 100,000 transactions per second, making it a natural home for developers building high-performance decentralized applications. Low costs and sub-second finality continue attracting serious builder activity, and spot ETF launches have brought institutional capital into the ecosystem, strengthening Solana’s standing among the top crypto gainers during recoveries.
Friction remains on the path ahead. Past network outages have impacted its reliability reputation, and price movement is still partially tied to speculative volume. The development community is active and ambitious though, and the infrastructure is steadily improving with each upgrade cycle.
3. Chainlink: Oracle Infrastructure at the Center of Institutional DeFi
Chainlink’s position in the digital economy continues to grow stronger. As the dominant decentralized oracle network, it connects smart contracts to real-world data and enables secure cross-chain communication through its Cross-Chain Interoperability Protocol. Major financial institutions have integrated CCIP into their systems, placing Chainlink deep inside the infrastructure layer of institutional DeFi. That positioning consistently ranks LINK among the top crypto gainers when institutional activity accelerates.
Price performance has not always reflected the technical progress, however. Token emissions remain elevated, and emerging oracle competitors are beginning to attract developer attention. The fundamentals are genuinely strong, but the upside is measured compared to earlier-stage projects.
4. TRON: Global Stablecoin Rails With Consistent Revenue
TRON has established a commanding lead in stablecoin transfer infrastructure, currently hosting more than 50% of global circulating USDT. Its Delegated Proof-of-Stake model processes enormous transaction volumes at low cost, making it the preferred platform for cross-border payments in emerging markets. Consistent fee revenue from that volume regularly places TRX among the top crypto gainers during periods of high stablecoin demand.
Centralization remains an ongoing concern. A small number of Super Representatives control governance decisions, which raises long-term questions about the platform’s decentralization as it continues to scale.
The Road Ahead
Solana, Chainlink, and TRON are all legitimate, well-built forces in 2026, each with strong infrastructure and meaningful adoption. But BlockDAG is the one with events converging right now. Gate.io lands next week. The BlockDAG Casino opens May 7. BingX is going live with BDAG soon.
Batch 4 claims open April 27, and private aftersale reserves are running low. The entry price of $0.000000726 and a 195x return projection are tied to a window that is actively closing. Among these top crypto gainers, BlockDAG is the one moving with the most urgency and that is exactly where the biggest opportunity lives.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
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