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What next for XRP as related firm Ripple grabs $200 million funding

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What next for XRP as related firm Ripple grabs $200 million funding

XRP keeps pushing into the same resistance area that has rejected rallies since February, but the way it’s trading is starting to change. Price is no longer getting sold off immediately after touching the range. Instead, XRP is holding near the highs, which usually matters more than the initial breakout itself.

News Background

• Ripple Prime secured a $200 million funding facility from Neuberger Berman to expand margin financing across traditional and digital asset trading markets.

• Ripple said demand for its prime brokerage business has accelerated since the Hidden Road acquisition, with revenue tripling year over year.

• The broader XRP narrative also continues shifting toward institutional infrastructure after Ripple, JPMorgan, Mastercard and Ondo recently completed a tokenized Treasury settlement on XRPL.

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Price Action Summary

• XRP climbed from $1.4483 to $1.4565 during the 24-hour session, briefly reaching an intraday high of $1.4877.
• Volume surged during the May 11 15:00 UTC session, when more than 105M XRP traded as price broke above $1.4750.
• The rally later cooled into consolidation near $1.45-$1.46 rather than fully retracing, keeping short-term structure constructive.

Technical Analysis

• XRP is still trading inside a larger multi-month compression structure, but repeated tests near resistance tend to weaken seller control over time.
• The market reclaimed several shorter-term moving averages during the recent move higher, improving momentum conditions beneath the surface.
• Price continues to stall near the same $1.47-$1.50 region that has repeatedly capped upside attempts, making this the most important zone on the chart right now.
• Volume profiles show relatively thin liquidity above current levels, which could accelerate moves quickly if XRP secures a clean break higher.

What traders should watch

• $1.47-$1.50 remains the key resistance area. A sustained move above it shifts focus toward $1.60.
• $1.43-$1.45 is now the near-term support zone bulls need to defend to keep the breakout structure intact.
• XRP is still compressing inside a broader triangle pattern, which raises the odds of a larger directional move once the range finally resolves.

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Binance’s AI Defense Systems Thwart $10.5B in Cryptocurrency Fraud Attempts

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Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

TLDR

  • Between Q1 2025 and Q1 2026, Binance’s artificial intelligence security infrastructure prevented $10.53 billion in potential cryptocurrency theft and user losses.
  • The exchange intercepted 22.9 million phishing and scam operations in the first quarter of 2026, safeguarding $1.98 billion in customer assets.
  • Artificial intelligence now manages 57% of Binance’s fraud prevention systems, achieving card fraud rates 60–70% lower than industry standards.
  • The platform facilitated the recovery of $12.8 million across 48,000 fraud incidents, representing a 41% increase compared to the previous year.
  • Industry-wide cryptocurrency fraud reached $17 billion in 2025, marking a 30% surge as AI technology makes malicious attacks more accessible and affordable.

The world’s leading cryptocurrency exchange by transaction volume, Binance, reports that its machine learning-powered security architecture prevented over $10.5 billion in potential customer losses during a 15-month span from early 2025 through March 2026.

According to a Monday blog post from the platform, these security measures successfully stopped 22.9 million phishing and fraudulent schemes during the first quarter of 2026 alone, preserving approximately $1.98 billion in user assets throughout that three-month window.

The cryptocurrency platform has implemented over 24 AI-driven security protocols alongside more than 100 specialized detection models. Machine learning now accounts for 57% of the exchange’s fraud prevention capabilities, resulting in card fraud incidents that fall 60–70% below standard industry rates.

Regarding user verification, Binance reports its customer identification protocols have advanced to identify deepfake technology and artificially generated identities. The platform asserts these improvements provide operational efficiency up to 100 times greater than conventional manual verification processes.

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The exchange employs computer vision technology to identify fraudulent payment documentation. Simultaneous language processing algorithms monitor peer-to-peer transactions for suspicious behavior patterns. According to Binance, these integrated systems collaborate to intercept fraudulent activity before customers suffer financial damage.

What the Numbers Show About Crypto Fraud

Cryptocurrency-related fraud totaled $17 billion throughout 2025, representing a 30% escalation from the previous year, based on Binance’s internal data analysis. The exchange attributes this increase to AI technology reducing both the complexity and cost of launching attacks.

Smart contract exploitation now requires as little as $1.22 per targeted contract, reflecting a 22% monthly decline in cost. Sophisticated AI systems are now achieving 72.2% effectiveness rates in simulated attack environments. According to Binance, 76% of AI-powered fraudulent schemes currently fall into the highest classification for scope and severity.

Cybercriminals are deploying deepfake videos, synthetic voice technology, automated phishing operations, and impersonation tactics to compromise users across various communication channels.

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Recovery initiatives have expanded in proportion to emerging threats. Binance reports assisting in the recovery of $12.8 million spanning 48,000 separate cases throughout 2025, reflecting a 41% annual growth rate. The platform also supported law enforcement agencies in seizing $131 million in illegally obtained funds and fulfilled over 71,000 information requests from authorities.

New Tools and Industry Comparisons

Binance launched a specialized product named Binance AI Pro, engineered to isolate risk at the fundamental infrastructure level. Within this framework, assets controlled by AI agents remain segregated from primary user accounts. Authorization parameters restrict activities exclusively to trading functions, eliminating withdrawal capabilities. The platform indicates that roughly 12% of external applications submitted to its marketplace have received flags for potential security concerns.

The exchange additionally deployed a withdrawal restriction mechanism designed to mitigate physical security threats against users, which blockchain security firm CertiK projects will surpass previous annual records.

By comparison, JPMorgan estimated in the prior year that its artificial intelligence security infrastructure contributed to preventing approximately $1.5 billion in fraudulent losses.

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Binance maintains collaborative relationships with Tether and Tron through the T3 security coalition, which recently immobilized a record-breaking $344 million in USDT tokens connected to Iranian organizations. The exchange has additionally processed more than 71,000 official law enforcement inquiries to date.

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Galaxy Digital Partners With Sharplink for $125M Ethereum Yield Strategy Fund

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Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

Key Highlights

  • A new $125M investment vehicle focused on generating returns from Ethereum through DeFi protocols is being launched by Galaxy Digital and Sharplink.
  • The capital structure includes $100M in staked ETH from Sharplink and a $25M commitment from Galaxy, which will oversee fund operations.
  • Sharplink disclosed a first-quarter 2026 net loss totaling $685.6M, primarily attributed to unrealized depreciation of its Ethereum portfolio.
  • Ethereum’s price declined from approximately $3,354 in mid-January to $2,104 by quarter-end in March, with a modest rebound to $2,339 subsequently.
  • Galaxy Digital shares have surged 118.5% year-over-year, with Compass Point analysts increasing their target price to $41.

Galaxy Digital and Sharplink have entered into a collaborative agreement to establish an investment fund designed to generate yield from Ethereum assets through decentralized finance mechanisms, despite Sharplink experiencing substantial quarterly losses linked to cryptocurrency market downturns.

The partnership involves a non-binding agreement to create the Galaxy Sharplink Onchain Yield Fund, anticipated to commence operations within the next several weeks with $125 million in committed capital. Sharplink’s contribution consists of $100 million sourced from its staked Ethereum reserves, while Galaxy Digital will inject $25 million and assume investment management responsibilities.

The fund’s strategy centers on allocating resources to DeFi liquidity mechanisms and various blockchain-based yield opportunities. This approach aims to generate supplementary income from Ethereum positions while maintaining long-term exposure to the underlying cryptocurrency.

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Sharplink currently maintains a treasury position exceeding 868,000 ETH. During last October’s market highs, this holding approached a valuation of nearly $4 billion. The firm has systematically accumulated its Ethereum position starting in June 2025 and has generated approximately 18,800 ETH through staking rewards during this period.

Mike Novogratz, CEO of Galaxy, noted that institutional appetite for blockchain-based financial products has reached a maturity level where participants can now utilize sophisticated yield generation, liquidity provision, and risk mitigation instruments comparable to traditional financial markets.

Joseph Chalom, Sharplink’s chief executive, characterized the collaboration as a mechanism to enhance the company’s treasury performance while simultaneously supporting the development of the broader decentralized finance infrastructure. Matthew Sheffield, the firm’s Chief Investment Officer, emphasized that the fund structure preserves the company’s fundamental staked ETH position while creating additional value for equity holders.

Sharplink Reports $685.6M First Quarter Deficit

Despite the optimism surrounding the new fund initiative, Sharplink disclosed a net loss of $685.6 million for the first quarter of 2026, equivalent to $3.25 per diluted share.

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Approximately $506.7 million of this deficit stemmed from mark-to-market losses on its Ether position. Ether’s value contracted from around $3,354 in mid-January to $2,104 by the conclusion of March, based on CoinMarketCap pricing data. At the time of the fund announcement, Ethereum was valued at approximately $2,339.

Quarterly revenue increased to $12.1 million from $700,000 in the comparable period last year, reflecting expansion in the company’s operational segments. Sharplink concluded the first quarter with $16.9 million in cash reserves.

Galaxy Digital Shows Resilience Despite Continued Losses

Galaxy Digital similarly released its first-quarter 2026 financial results. The firm recorded a GAAP net loss of $216 million, or $0.49 per share, predominantly due to unrealized depreciation on its digital asset portfolio.

Trading activity within Galaxy’s Global Markets division remained consistent on a sequential quarter basis, even as overall industry trading volumes contracted by more than 25%. Financial analysts from H.C. Wainwright and Rosenblatt maintained Buy recommendations on the equity following the earnings release. Compass Point elevated its price objective to $41 from $40, highlighting advancement in the company’s high-performance computing initiatives. Goldman Sachs maintained a Neutral stance with a $21 price target.

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Galaxy’s stock has appreciated 118.5% over the trailing twelve months and traded at $29.01 when the fund announcement was made. The company maintains a current ratio of 1.7, indicating that liquid assets comfortably exceed near-term liabilities.

The fund partnership awaits finalization of definitive agreements before becoming legally binding.

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US Inflation Set for Another Sharp Jump as US-Iran Conflict Lifts Oil Prices

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Source: CME Group

The US Bureau of Labor Statistics (BLS) will publish the April Consumer Price Index (CPI) data on Tuesday. 

The report is expected to show another significant leap in consumer inflation after March’s sharp increase, driven by the elevated Oil prices due to the ongoing conflict between the United States (US) and Iran.

The monthly CPI is forecast to rise 0.6%, following the 0.9% increase recorded in March, while the annual reading is seen climbing to its highest level since September 2023 at 3.7%, from 3.3% in March. 

Core CPI figures, which exclude volatile food and energy prices, are expected to come in at 0.4% and 2.7%, on a monthly and yearly basis, respectively.

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From the beginning of the conflict in the Middle East on February 28 to the end of April, the barrel of West Texas Intermediate (WTI) rose more than 50%. Although crude Oil prices corrected lower in the first week of May, they are still about 40% above where they were before the US-Iran war.

Previewing the inflation data, “our economists expect headline inflation to rise by +0.58% month-on-month, moderating from March’s +0.9%, but still relatively firm,” said Deutsche Bank’s Jim Reid.

“In contrast, the core measure is projected to accelerate to +0.39% MoM from +0.2%, suggesting underlying price pressures remain sticky even as energy-related effects fade. The YoY rates would move from 3.3% to 3.8% for the former and from 2.6% to 2.8% for the latter,” Reid added.

What to Expect in the Next CPI Data Report?

CPI figures for April will reflect the impact of persistently high Oil prices on inflation. Since this is largely anticipated, core inflation figures will help markets gauge whether rising energy costs are spilling over into the broader economy and driving up the prices of other goods and services.

A reading above the market expectation of 0.4% in the monthly core CPI could feed into concerns over high inflation getting entrenched in the economy. Conversely, a print below analysts’ forecast could ease fears over prices getting out of control. 

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Still, even in this latter scenario, investors are unlikely to breathe a sigh of relief because the US-Iran crisis remains unresolved and the lack of naval activity in the Strait of Hormuz continues to pose a significant risk to global energy supply chains.

Minneapolis Federal Reserve (Fed) President Neel Kashkari said the price shock from a prolonged closure of the strait could put inflation expectations at risk and requires a strong policy response. 

Similarly, St. Louis Fed President Alberto Musalem noted that inflation is meaningfully above the Fed’s target and added that policymakers need to worry about the underlying inflation, along with tariff and Oil shocks.

How Could the US Consumer Price Index Report Affect EUR/USD?

Markets currently see about a 73% chance of the Fed leaving the policy rate unchanged at 3.5%-3.75% by the end of the year, and price in about a 20% probability of a 25 basis points (bps) hike, according to the CME FedWatch Tool.

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Source: CME Group
Source: CME Group

A stronger-than-forecast monthly core CPI print for April could cause investors to lean toward a rate hike later in the year. In this scenario, the US Dollar (USD) could gather strength with the immediate reaction.

On the other hand, a soft core CPI print could have the opposite effect on the USD’s valuation. However, unless there are any significant developments hinting at the US-Iran conflict coming to an end soon, any negative impact on the USD could remain short-lived.

“Investors will be on heightened alert for the possibility of further delays to the first rate cut – or even an inability to ease in 2H26 altogether – should energy prices rise sharply and persistently due to an escalation or prolongation of the Middle East conflict,” UOB Group’s Alvin Liew explains.

“A broader oil-related price spillover across the CPI basket would materially complicate the inflation outlook, raising the risk that the anticipated year-end cut is pushed into 2027,” Liew elaborates. 

Eren Sengezer, FXStreet European Session Lead Analyst, shares a brief technical outlook for EUR/USD.

“EUR/USD’s near-term technical outlook points to a bullish stance that lacks strength. The Relative Strength Index (RSI) indicator on the daily chart holds above 50 but retreats after testing 60, and the pair struggles to pull away from the 20-day Simple Moving Average (SMA) despite closing well above it to end the previous week.”

“On the upside, the first resistance area aligns at 1.1800-1.1820, where the upper limit of the Bollinger Band and the Fibonacci 61.8% retracement of the February-April downtrend align. In case EUR/USD manages to stabilize above this region, 1.1900-1.1910 (round level, Fibonacci 78.6% retracement) could be seen as the next hurdle ahead of 1.2000 (psychological level).”

Looking south, a strong support area seems to have formed at 1.1730-1.1680 (Fibonacci 50% retracement, 100-day SMA, 200-day SMA). If EUR/USD drops below the lower limit of this range and starts using it as resistance, technical sellers could take action. In this case, 1.1660 (ascending trend line) could be seen as an interim support level before 1.1560 (Fibonacci 23.6% retracement).”

EUR/USD daily chart
EUR/USD daily chart

The post US Inflation Set for Another Sharp Jump as US-Iran Conflict Lifts Oil Prices appeared first on BeInCrypto.

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MultiBank Group’s Crypto Arm mb.io Brings Ghana Gold On-chain with Kings Orbis, EON3 & Mavryk

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[PRESS RELEASE – Dubai, U.A.E, May 11th, 2026]

MultiBank Group’s crypto arm mb.io, brings African gold on-chain by partnering with Kings Orbis, EON3 Group, and Mavryk.

Institutional gold tokenisation programme to be powered by mb.io RWA, with vaulting in Dubai under LBMA-approved custody, dedicated supply from EON3 Group, and Mavryk as the Layer 1 blockchain and RWA tech infrastructure partner.

mb.io, the crypto arm of MultiBank Group, has confirmed an institutional partnership with Kings Orbis, EON3 Group Ghana Ltd, and Mavryk to develop an institutional-grade tokenisation programme for physically-backed gold sourced from West Africa. The partnership unites four institutional roles in a single architecture: mb.io RWA as the regulated tokenisation marketplace, Kings Orbis as programme coordinator, EON3 Group as the dedicated institutional supply partner, and Mavryk as the Layer 1 blockchain and RWA tech infrastructure partner.

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Senior representatives of all four partners attended the World Peace Summit in Kumasi, Ghana on Friday, 24 April 2026, where they participated in discussions held under the Pillars of Peace movement. The visit included a private audience with His Majesty Otumfuo Osei Tutu II, Asantehene King of the Ashanti Kingdom, who has expressed his personal support for the success of this partnership. The meeting underscored the cultural significance of West African gold and the responsible institutional framework the partnership is designed to deliver.

The Ashanti Kingdom, one of West Africa’s most historically significant kingdoms, has been synonymous with gold for centuries. The region was known globally as the “Gold Coast” for its unmatched gold reserves and has produced gold for over 700 years, supplying global trade routes and shaping the cultural and economic identity of modern Ghana. This collaboration brings that legacy on-chain, making Ashanti gold accessible to a global investor base for the first time in a digitally native, fractionally tradeable form.

Each token represents direct ownership of the underlying physical gold, vaulted in Dubai under institutional-grade custody. Beyond commodity-grade gold, the partnership will also tokenise a curated collection of Gold Art — physical artworks crafted from and inspired by Ashanti gold — honouring the cultural legacy of His Majesty Otumfuo Osei Tutu II, the Asantehene and a globally recognised advocate for the Pillars of Peace movement.

The programme that mb.io, Kings Orbis, EON3, and Mavryk are developing together is built to change that. It gives international investors access to African gold in a digital, fractional format. Physical backing is independently verified at every stage.

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Under the architecture being developed, each token will represent direct institutional ownership of the underlying physical gold, vaulted in Dubai under LBMA-approved institutional custody. Kings Orbis is structuring the programme on a single founding principle: every token in circulation must be backed by an independently verified physical asset, with institutional oversight at every stage of the lifecycle, from sourcing and refining through vaulting, tokenisation, and secondary trading.

The program is delivered through mb.io RWA, MultiBank Group’s digital asset and tokenization arm. mb.io runs a regulated crypto exchange and will be launching a dedicated marketplace for tokenized real-world assets. Self-custodial wallets and on-chain compliance are built into the platform from the ground up.

mb.io is a globally regulated cryptocurrency exchange, placing it among a small group of tokenization platforms with genuine regulatory backing in one of the world’s most active digital asset jurisdictions.

The African gold programme is one of the largest initiatives currently in active development on mb.io RWA, which is being built to support institutional-grade tokenization across multiple asset classes.

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The programme is powered by Mavryk, mb.io’s dedicated Layer 1 blockchain and RWA tech infrastructure partner. Mavryk’s purpose-built infrastructure provides the technical foundation for issuing, settling, and trading tokenised physical gold at institutional scale, with the compliance hooks, lifecycle controls, and interoperability that regulated programmes require. Mavryk has been integrated as the dedicated Layer 1 across mb.io’s RWA programme, ensuring a consistent technology stack across asset classes.

Comments from the partners

Zak Taher, CEO of mb.io and Chief Business Officer of MultiBank Group, said: “This partnership represents a defining moment for real-world asset tokenisation. By bringing the heritage and value of Ashanti gold on-chain through mb.io RWA, we are giving global investors access to one of the world’s oldest and most trusted stores of value in a fully digital, fractional, and regulated form. The additional Gold Art collection adds an extraordinary cultural dimension to this initiative, connecting tradition, art, and finance in a way that has never been done before.”

Christian Rainer Arndt, Managing Partner of DEVPRAG FZCO and principal of Kings Orbis FZCO, said: “Kings Orbis has been built on the principle that institutional-grade tokenisation requires institutional-grade architecture, verified supply, regulated custody, and independent oversight at every stage. Our supply partnership with EON3 Group Ghana Ltd anchors the programme in a credible institutional supply chain, and this partnership with mb.io and Mavryk brings the platform, the infrastructure, and the programme coordination into a single institutional framework. We are progressing carefully and look forward to sharing more in due course.”

Richard Ofori Atta, Chairman of EON3 Group Ghana Ltd, said: “EON3 has spent years building the operational foundations to bring African gold to international markets in physical form, particularly through our minting and refining work in producing investment-grade bullion. With this partnership, we now take that work into its next chapter, digitising and tokenising African gold under institutional architecture, in collaboration with Kings Orbis, mb.io, and Mavryk. It is a natural and important evolution that opens new pathways for African gold as a credible, transparent, and globally accessible institutional asset.”

Alex Davis, Co-Founder and CEO of Mavryk, said: “Mavryk was built specifically for real-world assets, with a focus that makes a programme like this possible at institutional scale. Tokenising African gold is precisely the kind of initiative our infrastructure was designed for, and a partnership we are proud to be part of. Together with mb.io, Kings Orbis, and EON3, we are powering this programme as the dedicated Layer 1 and RWA tech partner across every stage of the architecture.”

About mb.io

mb.io is the digital asset and tokenisation arm of MultiBank Group. Built for institutional and retail participants, mb.io operates a regulated cryptocurrency exchange and the dedicated mb.io RWA marketplace for tokenised real-world assets, supported by self-custodial wallet infrastructure, on-chain compliance, and direct integration with MultiBank Group’s wider regulatory and distribution footprint. Operated by MEX Digital FZE and licensed by Dubai’s Virtual Assets Regulatory Authority (VARA), mb.io is positioned as a regulated home for institutional-grade tokenisation programmes, with real-world asset issuance running on Mavryk as the dedicated Layer 1 infrastructure. Users can learn more at mb.io.

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About MultiBank Group

MultiBank Group, established in California, USA in 2005, is a global leader in financial derivatives, digital asset trading, and institutional ECN solutions. With over 2 million clients in 100+ countries and a daily trading volume exceeding $35 billion, the Group offers a broad range of brokerage, cryptocurrency, and asset management services, catering to both retail and institutional clients through its ecosystem of platforms, including MEX Exchange and mb.io. Renowned for innovative trading solutions, robust regulatory compliance, and exceptional customer service, MultiBank Group is regulated by 18+ top-tier financial authorities across five continents. Users can learn more at multibankgroup.com.

About Kings Orbis

Kings Orbis is a structured digital asset programme series administered by Kings Orbis FZCO, a DMCC-licensed entity in Dubai, with implementation by DEVPRAG FZCO (DMCC Licence No. DMCC-1017125). Kings Orbis is built to bring institutional-grade governance, transparency, and lifecycle integrity to real-world asset tokenisation, with a programme architecture designed around verified physical asset backing and independent institutional oversight.

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About EON3 Group Ghana Ltd

EON3 Group Ghana Ltd, headquartered in Accra, Ghana, is an African gold institutional enterprise active in the responsible sourcing, refining, and physical minting of African gold into investment-grade bullion. Through licensed and compliant channels, EON3 Group works with established refining and supply networks across the continent to deliver institutional-grade gold supply to international markets.

About Mavryk

Mavryk is a next-generation Layer-1 blockchain purpose-built to bring real-world assets on-chain. Combining tokenisation infrastructure, scalable DeFi applications, and institutional TradFi partnerships, Mavryk delivers compliant, scalable, and interoperable RWA infrastructure for partners across the financial ecosystem. mb.io has integrated Mavryk as its dedicated Layer 1 partner for all RWA tokenisation initiatives. Users can learn more at Mavryk.org.

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Bitcoin miner MARA sinks after Q1 revenue miss, $1.3B loss

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Crypto Breaking News

MARA Holdings’ stock cooled after Tuesday’s session as the Bitcoin miner reported a sharply extended first-quarter loss and revenue that fell short of expectations. The results highlight the sector’s ongoing pressure from Bitcoin’s price moves and a challenging mining environment, even as MARA leans into a broader AI-focused growth strategy.

For the quarter ended March 31, MARA said revenue declined 18% year-over-year to $174.6 million, missing Wall Street estimates of about $192.7 million. The company swamped investors with a substantial net loss of $1.3 billion, compared with a $533.4 million loss in the prior-year quarter. Earnings per share came in at a negative $3.31, versus consensus expectations around a $2.20 per-share loss.

In after-hours trading, MARA shares slid about 3.4% to $12.93, erasing gains from the regular session, which finished up roughly 3.5% at $13.39. The stock has underperformed the broader year so far, with a roughly 16% drop over the past 12 months.

The quarterly loss was largely driven by unrealized losses on MARA’s Bitcoin treasury—38,689 BTC—amid a roughly 23% slide in the cryptocurrency over the period. MARA also disclosed that it sold more than 15,100 BTC worth about $1.1 billion in the final week of March, a move described as aimed at deleveraging by acquiring debt at a discount.

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Despite the near-term pain, MARA reiterated its long-term strategy of anchoring operations in Bitcoin mining while expanding into artificial intelligence and high-performance computing (HPC) as new revenue streams. The company characterized Bitcoin mining as its “operational foundation,” even as it pursues AI-driven data center opportunities on the same sites or adjacent facilities.

Market conditions for Bitcoin mining remain tough. Bitcoin traded more than 35% below its all-time peak of $126,080, undermining miner revenue per block. At the same time, mining difficulty has risen by about 30% over the past year, heightening the hurdle for new and existing operations. Against this backdrop, MARA has slipped from being the largest Bitcoin miner by market capitalization to roughly seventh place as rivals push more aggressively into AI-related infrastructure.

MARA’s current AI strategy centers on a partnership with Starwood Capital to convert some Bitcoin mining sites into AI and HPC data centers, and the acquisition of Long Ridge Energy & Power—a gas-fired power plant and data center facility—for $1.5 billion in late April. The combination of these moves could reshape how the company monetizes its energy footprint over time. In its statements, MARA described a flexible operating model: it can continue generating revenue today from Bitcoin mining while preserving the option to redirect power toward AI and other IT workloads as opportunities mature on the same sites.

According to the company, the Long Ridge acquisition could ultimately support up to 600 megawatts of AI computing capacity, and about 90% of MARA’s non-hosted mining capacity could be redeployed for AI and IT compute. Notably, MARA also signaled it does not plan to purchase additional Bitcoin mining hardware in the near term, signaling that the near-term focus is on redeployable infrastructure and the AI/HPC push rather than expanding traditional mining capacity.

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The evolving strategy comes as the broader market contends with a blend of macro headwinds and sector-specific pressures. The industry has been navigating tighter margins as price volatility and rising energy costs compress profits, even as some players look to diversify into data-center-enabled services. MARA’s pivot toward AI and HPC aligns with a wider trend among miners to monetize energy assets through adjacent digital infrastructure use cases when Bitcoin mining alone becomes less favorable.

Analysts who track the sector note that the transition from pure mining to AI-enabled data centers introduces new variables. Revenue visibility may improve if AI demand strengthens, but it also hinges on energy pricing, site uptime, and the pace of customer adoption for AI workloads. MARA’s disclosures suggest a careful, staged approach: keep Bitcoin mining running to generate cash flow today, while gradually repurposing sites for AI capacity as market conditions and technology maturity permit.

As the year unfolds, investors will be watching how effectively MARA can translate its physical assets into AI-ready capacity and how the company manages debt and liquidity in a capital-intensive deployment. With the LED of AI-driven compute on its sites, MARA faces a delicate balancing act between sustaining mining revenue and realizing the strategic upside from its data-center ambitions.

Readers should monitor the company’s quarterly updates for progress on Starwood Capital collaborations and the Long Ridge project’s development cadence, as well as any commentary on energy-price trends and Bitcoin’s price trajectory, which continue to be decisive for mining economics and the viability of the company’s dual-track strategy.

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What’s next remains uncertain, but MARA’s emphasis on flexible infrastructure and multi-use sites could redefine how Bitcoin miners steward capital and resources if AI demand materializes alongside Bitcoin mining profitability.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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SharpLink’s ETH yield push grows after $12.1M Q1 revenue

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BlackRock brings Ethereum staking yield to ETFs as Mutuum Finance expands on-chain yield opportunities

SharpLink reported $12.1 million in first-quarter 2026 revenue, up from $742,000 in the same period last year. 

Summary

  • SharpLink’s Q1 revenue rose to $12.1 million as ETH staking drove higher treasury income growth.
  • Its 872,984 ETH treasury keeps SharpLink behind BitMine among public Ethereum treasury companies today.
  • The Galaxy fund will test whether SharpLink can earn DeFi yield while managing risk.

The company said the increase came mainly from its actively managed Ethereum treasury strategy, which began in June 2025.

The Nasdaq-listed firm now presents itself as an institutional Ethereum treasury platform. Its website says SharpLink is listed under the ticker SBET and gives investors a public-market vehicle tied to ETH exposure and yield.

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ETH losses weigh on earnings

SharpLink still posted a net loss of $685.6 million in Q1, compared with a $1.0 million loss a year earlier. The company tied the loss mainly to non-cash ETH market losses and impairment charges during a weaker quarter for Ethereum.

The company reported $506.7 million in unrealized ETH losses and a $191.7 million LsETH impairment charge. It also said those accounting losses did not reduce the number of ETH held by the company.

Notably, SharpLink held about 870,821 ETH at the end of March. That figure rose to 872,984 ETH as of May 4, keeping the company among the largest public Ethereum treasury holders.

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The company has also generated 18,800 ETH in staking rewards since June 2025 through native and liquid staking programs. Earlier comments to crypto.news showed that SharpLink had already planned to move beyond basic staking into restaking, lending, and other Ethereum-based yield tools.

Chief executive Joseph Chalom said, “We’re trying to hit singles and doubles.” He also said the company is not seeking VC-like returns, framing the plan as a lower-risk yield strategy rather than a hunt for aggressive gains.

Galaxy fund brings next test

SharpLink and Galaxy Digital plan to launch the Galaxy SharpLink Onchain Yield Fund with about $125 million in commitments. SharpLink said the fund will deploy capital into selected onchain opportunities and provide liquidity to emerging protocols.

Chalom said the Galaxy partnership will use institutional-grade strategies to provide liquidity to high-quality protocols while seeking returns for shareholders. The company also warned that the fund may not launch on schedule, commitments may not be funded, and strategies may produce losses.

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Related market updates show that more public companies are building ETH treasury models. FG Nexus, for example, disclosed 47,331 ETH in holdings and said it planned to use staking, restaking, and DeFi markets to earn yield.

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Rich Dad Poor Dad Author Predicts 2026 Economic Collapse: His Top Investment Picks Revealed

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Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

TLDR

  • Financial educator Robert Kiyosaki predicts a devastating economic collapse in 2026 driven by unsustainable debt levels
  • Silver ranks as his number one investment choice, a position he’s held since purchasing the metal in 1965
  • With silver currently hovering around $85 per ounce, Kiyosaki projects a rise to $200
  • His complete portfolio for weathering the crisis includes gold, silver, energy, food production, Bitcoin, and Ethereum
  • Market experts corroborate his silver thesis, pointing to depleted exchange inventories and surging industrial consumption

Robert Kiyosaki, renowned for his bestselling book Rich Dad Poor Dad, has issued a dire forecast: the world economy faces a catastrophic downturn in 2026. According to Kiyosaki, this collapse will devastate those caught unprepared while enriching investors positioned in tangible assets.

The financial educator attributes the looming crisis to America’s staggering $39 trillion national debt combined with ongoing currency devaluation that he claims began in 1974. He also identifies vulnerable retirement portfolios held by the baby boomer generation as a critical weak point.

Kiyosaki refers to this phenomenon as the “Everything Bubble,” a concept he introduced in his 2002 publication Rich Dad’s Prophecy. According to his analysis, that bubble has reached its breaking point.

“In 2026 the global economy is about to crash. That’s good news for those that can see the future. Bad news for the blind,” Kiyosaki declared on X.

Conventional financial organizations largely disagree with this assessment. Most international economic forecasters continue to anticipate steady growth through 2026, though they acknowledge elevated risks related to government debt and international tensions.

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Kiyosaki maintains that previous market downturns in 1987, 2000, 2008, and 2022 actually increased his wealth because he maintained positions in physical assets. He intends to deploy identical tactics for the anticipated 2026 crisis.

His primary focus currently centers on silver. His investment journey with the precious metal began in 1965 when he was just 18 years old, purchasing it for mere pennies per ounce. Today, he characterizes it as among his most successful investment decisions.

Why Silver Stands Out to Kiyosaki

Silver spot prices are currently fluctuating near $85 per ounce, representing substantial gains over the previous twelve months. Kiyosaki maintains a long-range price projection of $200 per ounce.

He values silver for its dual nature as both a monetary protection and an industrial commodity. The metal plays essential roles in solar energy systems, electric vehicle production, battery technology, and artificial intelligence hardware.

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The global silver market has experienced six consecutive years of supply shortfalls. Industrial applications now account for approximately 50% of worldwide silver consumption.

Additional market analysts echo his perspective. Trading veteran Vijay identified silver in the $75 to $80 range as exceptionally undervalued, highlighting CME warehouse levels at their lowest since January 2025.

Analytical firm World of Finance and Associates established a short-term resistance zone between $88 and $92 per ounce, absent significant economic disruptions. Several precious metals specialists have additionally highlighted silver mining companies as a magnified approach to capitalize on advancing prices.

Bitcoin Also on Kiyosaki’s Radar

Kiyosaki’s investment strategy for 2026 extends beyond silver. His portfolio also encompasses gold, energy resources, agricultural production, Bitcoin, and Ethereum as reliable holdings during monetary system deterioration.

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He has revealed accumulating Bitcoin around the $67,000 level and previously established a 2026 price objective of $250,000 per coin. He positions Bitcoin and silver as synergistic protections against currency debasement.

His six-decade history with silver investments provides the foundation for his investment thesis. The S&P 500 has delivered approximately 400x returns over the comparable timeframe with dividend reinvestment, contrasted with silver’s roughly 63x appreciation. Skeptics reference this performance differential when challenging his approach.

Nevertheless, Kiyosaki demonstrates no indication of altering his strategy. He concluded his latest statement with a pointed question to his audience: “What do you see happening in the future? What can you invest in?”

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Bitcoin Market Structure Continues to Improve as Bullish Undertones Build: Glassnode

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Bitcoin has spent the last week grinding higher from around $78,000 to top $82,000 twice, with buyers “continuing to absorb pullbacks even as momentum started to cool near local highs,” reported Glassnode on Monday.

The asset dipped below $81,000 briefly in early trading in Asia on Tuesday, but there has been “strong bullish sentiment” and “heightened conviction” in upward price movements, it added.

The analytics provider noted that spot trading volume has increased, suggesting recent price movements are “gaining traction with stronger investor participation.”

Bullish Undertones Are Building

This means that BTC’s market structure continues to improve, supported by stronger on-chain activity, healthier profitability, and more stable holder positioning, the analysts concluded.

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“While bullish undertones are building, softer capital inflows and cautious sentiment indicate the market remains sensitive to shifts in risk appetite.”

Swissblock reported on Tuesday that Bitcoin is “still at full momentum” with the latest reset looking similar to previous failed ignition attempts.

“Bitcoin has now consolidated inside the cost-basis battlefield while momentum remains structurally strong. As long as momentum stays above the transition area, bulls retain control.”

Alphractal founder and CEO Joao Wedson observed that the 30-day change in exchange reserves paints a different picture, with BTC falling every time this metric turns positive. Bitcoin entering exchanges is usually a sign of investors preparing to sell or short the asset.

Meanwhile, permabull ‘Sykodelic’ remained upbeat as ever, saying that there have been no hard rejections, no massive sell-offs, and no weak price action. “What we have had are small rejections and then higher highs.”

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They observed that BTC is now above the bull market support band, the true market mean, and the short-term holder cost basis for ten days, including a daily close above the 200-day exponential moving average.

“The wider market is fully risk on, and I am expecting $85,000 to be breached, likely this week,” they predicted.

BTC Price Outlook

The asset had taken a dip on the day, falling from another retest of $82,000 to $81,100 at the time of writing.

The asset has been sideways for the past seven days, but has gained more than 13% over the past month. It has been in a slow but steady upward trend for the past six weeks.

The post Bitcoin Market Structure Continues to Improve as Bullish Undertones Build: Glassnode appeared first on CryptoPotato.

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Ray Dalio explains why central banks won’t touch BTC

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Ray Dalio explains why central banks won’t touch BTC

Bitcoin’s transparency was once considered one of its greatest strengths. Now, Ray Dalio says, it may be the very reason central banks won’t adopt it as a reserve asset, even though corporations and institutional investors have embraced it.

The billionaire hedge fund manager, who is also a bitcoin investor, said on X that, “Bitcoin lacks privacy. Transactions can be monitored and potentially controlled, which is why central banks aren’t looking to hold it.”

Ray Dalio has previously said he allocates about 1% of his portfolio to bitcoin.

Bitcoin, the world’s largest blockchain network, operates as a decentralized peer-to-peer system built on a public ledger. Every transaction is permanently recorded on this transparent ledger, allowing anyone to view it in real time.

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Anyone can open a Bitcoin block explorer, enter a wallet address into the search bar, and view the entire transaction history associated with it. While wallet addresses are pseudonymous rather than directly tied to identities, blockchain analytics firms and law enforcement agencies can often trace the movement of funds and link activity back to individuals or institutions.

In other words, the flow of BTC, the blockchain’s native token, is highly transparent and traceable, even if it is not always directly tied to real-world identities.

This level of transparency, often praised by Bitcoin supporters, may also be what keeps central banks away. Imagine being a central bank and accumulating an asset whose flows can be tracked in real time on a public ledger.

The lack of privacy is also a concern for large institutional players. At Consensus Hong Kong in February, participants noted that the mass adoption of blockchain technology at the institutional level may ultimately depend on stronger privacy features, particularly for large transactions.

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The market seems to align with the growing expert consensus on privacy. For instance, the privacy-focused coin zcash (ZEC) has surged over 800% since early 2025. Bitcoin, meanwhile, is down over 10%.

Correlated to stocks

Dalio’s concerns, however, go beyond central bank adoption. He pointed to structural issues that limit bitcoin’s appeal as a reserve asset compared to traditional alternatives like gold.

One of them is its tendency to take cues from Wall Street, especially the technology stocks, rather than acting as an independent store of value during periods of stress.

As of writing, the 90-day correlation coefficient between bitcoin and the Nasdaq, Wall Street’s tech-heavy index, was 0.89, according to data source TradingView. That translates into an R² of 0.79, meaning roughly 79% of bitcoin’s price movements can be explained by its relationship with the Nasdaq over the 90 days. The data points to BTC’s behavior more as a risk-on asset than an independent store of value.

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The other issue Dalio highlighted is the market’s scale and structure. Unlike gold, which is deeply established, widely held, and exists outside any single digital system, bitcoin remains a relatively small and more easily influenced market. In his view, these factors further weaken its case as a global reserve asset, despite growing institutional participation.

“Ultimately, gold is more widely held, deeply established, and still plays a central role in the global system,” he said.

Dalio has repeatedly favored gold over bitcoin, and his views have been countered by crypto industry experts.

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Google flags first AI-assisted zero-day attack targeting 2FA

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Google flags first AI-assisted zero-day attack targeting 2FA

Google’s Threat Intelligence Group said it found a zero-day exploit that likely used artificial intelligence during discovery and weaponization. 

Summary

  • Google’s report links AI to a zero-day 2FA bypass targeting a popular admin tool today.
  • The exploit needed valid credentials first, but removed the second authentication barrier for attackers later.
  • Crypto users face added risk as AI agents, wallets, and connectors attract phishing attempts online.

The exploit targeted a popular open-source, web-based system administration tool and allowed attackers to bypass two-factor authentication after gaining valid login details.

The group said it worked with the affected vendor to disclose the flaw and stop the planned mass exploitation campaign. Google did not name the tool, the vendor, or the threat actor behind the operation.

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Exploit needed valid credentials first

The flaw did not give attackers full access on its own. Google said the bypass required valid user credentials before the attacker could skip the second login step. That detail matters because two-factor authentication often protects crypto accounts, exchange logins, developer dashboards, and wallet-linked services.

Google said the weakness came from a logic error, not a common coding bug such as memory corruption or poor input handling. The company described it as a high-level semantic flaw, where a hardcoded trust assumption conflicted with the tool’s 2FA checks.

Moreover, Google said it had “high confidence” that the actor likely used an AI model to support discovery and weaponization of the vulnerability. The company said the exploit script included educational comments, a hallucinated CVSS score, and a clean Python format often linked to large language model output.

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The company also said it does not believe Gemini was used in the operation. Its report noted that China and North Korea-linked actors have shown interest in AI-assisted vulnerability research, including prompt-based security testing and large-scale analysis of known flaws.

Crypto security risks widen

The warning adds to rising concern over AI tools in crypto security. Separate reports have tracked OpenClaw-related phishing, where attackers used cloned websites and malicious wallet prompts to target developers and drain crypto wallets.

Other security coverage has also warned that AI agents can create new weak points when they process outside content, connect to third-party tools, or act without enough human approval. Those risks are more serious when agents can access wallets, private files, browser data, or account credentials.

Google said threat actors are also testing AI for malware support, defense evasion, information operations, and access to AI systems. It named malware families such as PROMPTFLUX, HONESTCUE, and CANFAIL as examples of tools using LLMs for obfuscation or decoy code.

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