Anchorage Digital, the U.S’ first federally chartered crypto bank, has tapped M0 as its core technology provider, a move designed to turn the custodian into a primary engine for institutions looking to mint and manage regulated stablecoins.

San Francisico-based Anchorage seeks to expand its issuance platform through M0, and opens the door to a broad range of firms looking to launch U.S.-regulated stablecoins, according to a press release.

M0 (pronounced “M Zero”), is a flexible protocol that allows global institutions to mint fully configurable stablecoins, which also works with the likes of Stripe, Moonpay and MetaMask.

“It might not sound like the sexiest topic, but we have been building modular infrastructure for stablecoins for three years now,” said M0 CEO Luca Prosperi, in an interview. “This means we are supporting anyone who wants to launch and manage their own stablecoin, whether it is a crypto project, protocol, fintech, payment provider, exchange and many more.”

The arrival of the GENIUS Act means stablecoins in the U.S. are becoming a regulated instrument. M0 has already partnered with several regulated players that are using the firm’s contracts, but with Anchorage the regulation-focused relationship is “a bit deeper,” Prosperi added.

“By partnering with M0, we’re extending our issuance platform to support that growth, while maintaining the regulatory, operational, and security standards our partners rely on,” said Anchorage CEO Nathan McCauley, in a statement.

On-chain perpetual futures protocol Wasabi has been hacked with attackers draining over $5 million across Ethereum, Base, Berachain, and Blast, blockchain security firm PeckShield reported on X from their alerts account earlier today, April 30.

Wasabi acknowledged the incident on X, urging users to avoid using the protocol while investigations are under way:

“We’re aware of an issue and are actively investigating. As a precaution, please do not interact with Wasabi contracts until further notice.”

In a follow-up post, the team confirmed it had engaged professional on-chain security responders, including SEAL 911 and Blockaid.

Peckshield’s main X account added that it appears that Wasabi’s admin key has been compromised.

In response to Wasabi’s X post about the ongoing incident, on-chain investigator ZachXBT called out the protocol for reportedly using a single external owned account (EOA), referring to a user-controlled wallet managed by a private key, instead of more secure setups, like a multisig: “Why did a single EOA seemingly have so much control without basic safeguards?

DeFi’s Worst Month Yet?

The hack caps off a brutal month for DeFi, marked by two major exploits and over twenty smaller incidents. The former head of DeFi at Monad wrote on X today that April 2026 has turned out to be DeFi’s worst month in terms of losses from hacks and exploits:

“April 2026 was the worst month ever in terms of DeFi exploits — ~$635M lost in total, 28 incidents in 30 days.”

The month’s two largest incidents in terms of dollar losses were the Drift and Kelp DAO hacks. On April 1, Solana-based perpetuals exchange Drift Protocol suffered roughly $270 million in outflows, spanning more than 15 distinct token types, in what The Defiant reported as a North Korean state-linked operation six months in the making.

Then, on April 18, an attacker, also suspected of being North Korean state-backed, exploited a LayerZero bridge on Kelp, forging a cross-chain message that tricked the protocol into minting 116,500 rsETH with nothing locked on the source side. The attacker then deposited the unbacked rsETH into Aave as collateral and borrowed approximately $236 million in real WETH, as The Defiant reported.

The response to the Kelp incident has included an unprecedented collective effort among DeFi protocols and individuals, dubbed DeFi United, which has raised over $300 million to restore the backing of Kelp’s rsETH.

This article was written with the assistance of AI workflows. All our stories are curated, edited and fact-checked by a human.

TLDR

• Exponent raised $5 million in a seed funding round led by Multicoin Capital to expand its platform on Solana.
• The funding round included participation from Solana Ventures, RockawayX, and several other crypto investors.
• The company structured the investment as a SAFE agreement with token warrants.
• Exponent plans to launch an upgraded platform with an onchain interest rate order book.
• The new system will allow users to convert variable yield into fixed-rate positions.

Exponent has raised $5 million in seed funding to expand its yield exchange platform on Solana. The round was led by Multicoin Capital, with participation from several crypto-focused investors. The company plans to launch an upgraded platform focused on broader yield infrastructure.

Solana-based Exponent Advances Yield Infrastructure Plans

Exponent confirmed the $5 million seed round led by Multicoin Capital, with backing from Solana Ventures and RockawayX. Other investors included L1D, Prelude, and Theia Blockchain, along with individual contributors.

The startup also received support from Solana Labs CEO Anatoly Yakovenko and Solana Foundation executive Nick Ducoff. The company structured the funding as a SAFE agreement with token warrants, according to CEO Thomas Lefort.

Lefort stated that the fundraising process began in May and concluded in August last year. However, he declined to disclose valuation details or investor governance roles.

The funding increases Exponent’s total capital raised to $7.1 million after a prior $2.1 million round. The company launched its platform in late 2024 and has processed over $2 billion in yield volume.

Exponent reported serving more than 35,000 users since its launch. The platform generates revenue through fees tied to derivatives issuance and trading activity.

New Platform Features Target Active Yield Management on Solana

Exponent plans to release an updated version of its platform next month with expanded functionality. The upgrade will introduce a fully onchain interest rate order book and strategy vaults.

Lefort said the order book will allow users to convert variable yield exposure into fixed-rate positions. He explained, “Users can lock in rates based on their expectations of future market conditions.”

The feature will also support leveraged positions tied to lending and staking protocols. For instance, users of Kamino can convert variable returns into fixed-term outcomes through Exponent.

The platform will also introduce strategy vaults for simplified yield participation. These vaults will allow asset managers to package and offer structured yield strategies to users.

Lefort explained that the vaults will operate under predefined rules that limit capital deployment. He said, “This ensures consistent risk management while allowing broader participation.”

Exponent is onboarding asset managers and preparing markets for stablecoins and real-world assets. Early partners include RockawayX, Hastra, OnRe, and Solstice.

The company currently employs 12 team members and focuses on product rollout and system security. Lefort confirmed that about $1 million from the new funding will support audits and a bug bounty program.

Exponent stated it will remain focused on Solana due to its performance capabilities. The company aims to scale its infrastructure within the existing ecosystem.

Crypto-based prediction market Polymarket has tapped blockchain analytics firm Chainalysis to monitor trading activity and enforce its market rules, as it works to address concerns about insider trading and market integrity.

Chainalysis brings a suite of tools, including investigative software and onchain monitoring systems, to flag suspicious behavior, based on a model designed to identify patterns consistent with traders acting on non-public information, the firms announced on Thursday.

The move comes amid growing scrutiny of prediction markets. Critics have argued that platforms like Polymarket could be vulnerable to insiders — such as political operatives or corporate employees — placing informed bets before information becomes public. In traditional finance, such activity is illegal and closely monitored. In crypto-based markets, enforcement has been less clear.

Polymarket’s response is to lean into the transparency of blockchain. Because every trade is recorded onchain, activity can be traced and analyzed after the fact. By layering Chainalysis’ data tools on top, the company aims to detect suspicious trades in real time and, if needed, share evidence with regulators.

In simple terms, Polymarket is bringing in a kind of digital police force. The goal is to show that even in a decentralized environment, rules can be enforced. The broader aim is to reposition Polymarket as a credible financial platform rather than a crypto betting site.

“Polymarket was built onchain because transparency matters, and our platform shows what markets can look like when trades are open, traceable, and accountable by design,” said CEO Shayne Coplan.

Coplan has argued that prediction markets serve a broader purpose than speculation. He described them as “a very useful thermometer of the world,” where prices reflect the probability of real-world outcomes, at an event in New York this week.

Still, that usefulness depends on trust. If users believe markets are being skewed by insiders, prices become less reliable. That risk has grown as Polymarket has expanded, gaining mainstream attention during events like elections and attracting both retail traders and institutional interest.

Coplan has emphasized building something durable, focusing on products that “last” instead of chasing short-term trends.

The Ethereum Applications Guild launches as a global non-profit to fund, coordinate, and grow Ethereum’s app layer using membership fees and ETH staking yield.

The Ethereum Applications Guild (EAG) announced its official launch on April 30, 2026, as a global non-profit organization dedicated to advancing Ethereum-native applications with real-world impact.

This initiative, led by ecosystem stakeholders worldwide, aims to transition Ethereum from infrastructure maturity to vibrant application deployment through four core directions: accelerating real-world apps, connecting builder networks, creating unified evaluation frameworks, and securing sustainable funding. EAG’s formation responds to the ecosystem’s need for coordinated growth amid Ethereum’s price hovering around $2,260.

Membership operates on contributions scaled to institutional size, such as valuation, market cap, or assets under management (AUM), funneling funds into an ecological growth pool. A key mechanism donates portions of ETH staking yields—via partnerships like HashKey Cloud—directly supporting developers. “EAG connects builders, institutions, and ecosystem stakeholders to foster the sustainable growth and broader reach of the Ethereum applications ecosystem,” states the official site.

2026 Global Program Details

Simultaneously, EAG unveiled its 2026 Global Applications and Developers Program, running May to September across Latin America, Africa, Oceania, and India. Activities include developer education, hackathons, research projects, regional roadshows, and ecological showcases to bolster local communities. The program builds on EAG’s April 22 launch at the Ethereum Applications Gathering in Hong Kong, emphasizing underrepresented regions for inclusive expansion.

EAG’s efforts align with Ethereum’s thriving developer base, which added over 16,000 contributors in 2025 alone, outpacing rivals. By integrating transparent staking pools—like the EAG Contribution Pool supporting 32 to 2048 ETH per node—rewards sustain app innovation without centralized control. This positions Ethereum, currently second in market cap, for broader adoption.

Recent crypto.news coverage highlights Ethereum’s developer momentum despite price stalls, while stories on HashKey’s EAG tie-up and ETH staking surges underscore funding innovations. Earlier reports on Ethereum’s Q4 contract boom validate the app layer push. EAG’s model ensures long-term viability, channeling staking rewards transparently into growth funds as Ethereum eyes real-world scaling.

Gemini Space Station (GEMI), the crypto exchange run by Cameron and Tyler Winklevoss, received U.S. Commodity Futures Trading Commission (CFTC) approval for a derivatives clearinghouse (DCO) license, allowing it to enter regulated derivatives and crypto’s fastest-growing, most-contested sector, prediction markets.

The approval allows Gemini to clear and settle trades in-house instead of depending on external providers, giving it greater control over how its prediction market products function and scale.

Gemini shares climbed about 7% following the announcement.

Prediction markets have become one of crypto’s fastest-growing areas, with trading volume increasing over 300% in 2025 to $63.5 billion, and Hyperliquid, a DeFi derivatives platform, is getting ready to compete with incumbents such as Kalshi and Polymarket. Wall Street is also in, as Roundhill Investments is expected to roll out the first U.S. exchange-traded funds (ETFs) tied to prediction markets on May 5, while two other asset managers are preparing similar products.

The approval builds on the crypto firm’s December 2025 debut of a prediction marketplace via another affiliate, Gemini Titan, which received a designated contract market (DCM) authorization from the CFTC.

With DCM and DCO licenses in place, Gemini is positioned to offer a full-stack trading ecosystem spanning sport, crypto, futures, options, and event-based contracts, the company said. Gemini also expressed intentions to expand into crypto futures, options and perpetuals for U.S. users.

“Today marks a major milestone in Gemini’s marketplace expansion,” Cameron Winklevoss said in the statement, framing the development as part of a broader push toward a “super app” for financial services.

In February, Gemini made public its plans to enter the prediction markets sector and focus solely on the U.S. when it announced its exit from the U.K., European Union and Australia, which included a staff reduction of roughly 25%.

“The reality is that America has the world’s greatest capital markets and America has always been where it’s at for Gemini,” the founders said, adding that their “thesis is that prediction markets will be as big or bigger than today’s capital markets.”

• An OG Shiba Inu whale sold 800 billion SHIB for $4.9 million.
• SHIB held $0.0000060 support, trading near $0.0000063.
• If buyers absorb selling pressure further, SHIB could revisit $0.0000075 resistance.

Shiba Inu (SHIB) price is showing resilience around $0.0000063, with bulls holding near a critical support level despite a major sell-off by a whale.

The memecoin’s slight dip and intraday rebound come as cryptocurrencies navigate broader market headwinds. SHIB’s daily performance also saw a 17% spike in trading volume, which stood at $170 million as of Thursday.

OG Whale sells 800 billion SHIB for $4.9 million

Dogecoin dominated memecoin headlines this week as a double-digit bounce pushed the DOGE token above $0.10. The gains were also reflected in peers like Shiba Inu, with SHIB rising to highs of $0.0000065.

On April 29, Bitcoin fell below $75,000 following the Fed’s interest rate decision.

DOGE slipped below the psychological level, while SHIB declined to $0.0000060.

The dip coincided with a pivotal transaction from one of Shiba Inu’s original whales, who initially acquired 103.33 trillion SHIB tokens in 2020 for just $13,760.

The purchase represented 16.84% of the token’s total supply at launch.

On April 30, 2026, the wallet offloaded 800 billion SHIB, netting roughly $4.9 million.

This sale forms part of a broader divestment strategy: in recent years, the whale has liquidated 4.06 trillion SHIB, generating $37.6 million in proceeds.

Notably, the address still holds 99.27 trillion SHIB, currently valued at about $625.41 million.

An OG whale, who once spent $13,760 to buy 103.33T $SHIB (worth $8.9B at peak), sold another 800B $SHIB($4.9M) today.

This OG spent only $13,760 to buy 103.33T $SHIB, sold 4.06T $SHIB for $37.6M over the past few years, and still holds 99.27T $SHIB($625.41M) — 16.84% of the… pic.twitter.com/F0bB0VP5t0

— Lookonchain (@lookonchain) April 30, 2026

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Such moves by early holders often signal profit-taking after prolonged appreciation, typically putting pressure on prices. However, SHIB’s resilience above $0.0000060 suggests buyers are stepping in on dips.

Shiba Inu price forecast

SHIB’s price trajectory reflects mixed signals amid recent market swings.

Over the past week, the token posted modest gains as rival memecoin Dogecoin surged past $0.10, supported by renewed retail enthusiasm.

However, the past 24 hours have brought renewed pressure, with SHIB dipping slightly after Bitcoin retreated following the Federal Reserve’s April 29, 2026, policy announcement.

The Fed’s decision to hold rates steady added to uncertainty, triggering a broader crypto sell-off, with rising oil prices adding to the pressure.

SHIB has held firm at its key support in the $0.0000060–$0.0000063 range, as accumulation absorbs much of the selling pressure.

If buyers maintain momentum, bulls could target resistance at $0.0000075.

A breakout above this level could open the door to $0.000008, particularly if Bitcoin rebounds.

Currently, the RSI and MACD on the daily chart suggest potential upside momentum.

On the downside, failure to hold support could see SHIB test $0.0000058.

With overall market sentiment still fragile, SHIB’s direction will depend on sustained buying interest and broader macroeconomic cues.