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Stripe’s Tempo blockchain raised $500M, has lower TPS than Bitcoin

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Stripe’s Tempo blockchain raised $500M, has lower TPS than Bitcoin

The Tempo blockchain that Stripe built to outperform Bitcoin’s capacity of five transactions per second (TPS) is publishing less than three.

Seven months ago, Stripe pitched its new blockchain on the premise that existing blockchains had insufficient capacity for its institutional payment flows.

Bitcoin (BTC) miners have added about 160 million transactions over the past 12 months, averaging 5.1 TPS, a number that Tempo’s capacity would dwarf, CEO Patrick Collison claimed in September.

Collison also bragged that Tempo would have capacity for 10,000 TPS, levitating Tempo’s theoretical future high above Bitcoin.

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Unfortunately, there are now real-world numbers to settle theoretical capacities with on-chain transactions.

Tempo’s actual usage per Token Terminal and the company’s own Dune analytics is approximately 2.5 TPS. 

Bitcoin publishes five TPS.

The underperforming blockchain raised $500 million at a $5 billion valuation in October 2025 from Thrive Capital, GreenOaks, Sequoia, Ribbit, and SV Angel. Its mainnet went live on March 18.

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Paradigm, in addition to Stripe, helped develop Tempo. In fact, Paradigm co-founder Matt Huang runs Tempo as its CEO. 

Read more: DeFi plays the blame game

The numbers after five weeks

Now five weeks into mainnet operation, Tempo reported approximately 5,600 daily active users. The chain generated a whopping $205 in fees over 24 hours and held $3 million worth of crypto in total value locked.

Ethereum, in contrast, generated $1.4 million in fees and $45 billion in total value locked.

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Tempo’s on-chain decline is visible everywhere on its dashboards.

  • Daily new wallets using Tempo peaked at 7,629 on March 19, 2026, and sat at just 1,749 as of April 21, a 77% drop.
  • Daily contract deployments peaked at 3,060 on April 14 and fell to 863 a week later, down 72%. 
  • Daily token transfer volume peaked above $9 million on March 17, and it now runs two-thirds less.
  • Tempo’s stablecoin DEX cleared just $56,000 in 24-hour volume on Tuesday, a figure 95% below its peak and less than 0.001% of global DEX volumes. Tempo’s DEX would need a ten thousandth decimal point to register a single natural number. 
  • Tempo’s daily DEX trades sum to less than 2,000 these days, down 77% from the March 20 peak above 18,000. Daily DEX volume on Tempo peaked at $1.1 million and has fallen 93% since.

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Casino Operators, Sportsbooks and Affiliates Get a Purpose-Built Media Distribution Service From Kooc Media

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Kooc Media Introduces PR Support for New Crypto Presales and ICO Projects

The online gambling ecosystem depends on three interconnected business types — casino operators who run the platforms, sportsbook brands who set the odds and gambling affiliates who connect players with both. Each one needs media visibility to succeed. Each one struggles to get it. Kooc Media, a PR distribution agency that has served the gambling and crypto industries since 2017, has launched a media distribution service that addresses all three at once.

The service gives casino brands, sportsbook operators and affiliate businesses guaranteed press coverage on established news publications, professional editorial support, global newswire distribution and transparent campaign reporting. It is the first time a single service has been designed to cover the full range of businesses that make the online gambling industry work.

A Shared Frustration Across the Industry

Spend enough time in online gambling marketing circles and a pattern becomes obvious. Whether someone runs an online casino, manages a sportsbook or owns an affiliate network, the frustration with PR is identical. They know press coverage would help their business. They have tried to get it. The results were either nonexistent or so poor that the entire exercise felt like a waste of money.

Casino operators have been told by agency after agency that gambling falls outside their acceptable client categories. Sportsbook brands have heard the same, sometimes with the added insult of being passed over during the exact sporting events when coverage would matter most. Affiliate businesses — despite producing editorial content as their core product — have found it almost impossible to secure press coverage that builds their own brand rather than the operators they promote.

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The common denominator is an industry that generates enormous revenue but receives almost no attention from the mainstream media ecosystem. Publications that routinely cover fintech, gaming technology and digital entertainment draw a line at gambling. PR agencies that proudly serve controversial sectors in other industries refuse to touch betting or casino clients.

Kooc Media exists specifically because of this gap. The agency has provided gambling PR and crypto PR as core services since its founding and has built the distribution infrastructure needed to deliver results where other agencies consistently fail.

“Casino operators, sportsbooks and affiliates are three sides of the same industry,” said Michelle De Gouveia, spokesperson for Kooc Media. “They all need media distribution that actually works. We have built one service that handles all three.”

The Distribution Infrastructure

Kooc Media’s service runs on a combination of owned media and partner distribution that eliminates the uncertainty of traditional PR.

The agency owns and operates multiple established news websites including Blockonomi, CoinCentral, MoneyCheck, Parameter, Beanstalk and Computing. These publications have built strong domain authority and consistent readerships across finance, technology, cryptocurrency and iGaming through years of editorial output. Because Kooc Media controls these sites, every placement booked through the service is published. There is no editorial pitch. No third-party gatekeeper. No possibility of paying for coverage that never materialises.

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Beyond the owned network, press releases are distributed through a partner system reaching hundreds of additional media outlets and thousands of syndication channels across multiple countries and content categories. Premium distribution packages extend reach to major international platforms including Business Insider, Bloomberg, Benzinga, MarketWatch and USA Today.

Content is produced by the agency’s in-house editorial team when clients need writing support. The writers understand the specific language, regulatory sensitivities and audience expectations of the casino, sportsbook and affiliate sectors. Clients who prefer to provide their own material can do so and use Kooc Media purely for placement and distribution.

The full cycle operates at the speed the gambling industry demands. Briefing to live publication can happen within a single day. After distribution completes, a detailed report containing live links to every published article is delivered to the client.

What Media Distribution Does for Casino Brands

The online casino market is saturated with operators competing for the same players through increasingly similar means. Bonus offers, game libraries, loyalty programmes and website designs have converged to a point where many casinos are virtually interchangeable from a player’s perspective.

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Press coverage provides differentiation that product alone cannot. A casino brand covered by independent news publications carries a perception of legitimacy and establishment that uncovered competitors lack. Players searching for a new casino encounter that coverage during their research and factor it into their decision. The brand feels safer. The signup feels less risky. The deposit happens more readily.

Over time, the SEO value compounds. Each article on a strong domain generates a backlink that improves the casino’s organic search positioning. For brands targeting terms like “best online casino,” “new casino sites,” “top casino bonuses” or “online slots,” those accumulated backlinks provide a lasting competitive advantage in search rankings.

What Media Distribution Does for Sportsbook Brands

Sportsbooks face a unique combination of pressure. They need to build long-term brand trust while simultaneously capitalising on short-term windows of opportunity around sporting events. A sportsbook that is invisible during a major football tournament or boxing event misses the exact moment when potential bettors are most actively searching for a platform.

Kooc Media’s same-day distribution capability allows sportsbook brands to time PR campaigns precisely around these events. A press release can go live on the morning of a major match day, putting the sportsbook’s name in front of audiences when interest is at its peak.

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Beyond event-driven campaigns, sportsbooks accumulate the same trust and search benefits as casino brands. Bettors research operators before committing funds. Coverage on trusted publications reduces hesitation. Backlinks from those publications help sportsbooks compete for terms like “best sportsbook,” “sports betting sites,” “football betting platform,” “live betting odds” and “online betting offers.”

For sportsbooks entering newly regulated markets, press coverage provides immediate positioning. A brand that arrives with published coverage across recognised publications starts ahead of competitors who enter with no media presence at all.

What Media Distribution Does for Affiliate Brands

Gambling affiliates occupy a peculiar position in the industry. They are media businesses whose entire model depends on producing content and attracting audiences. Yet most affiliates invest nothing in promoting their own brand through external media channels.

The missed opportunity is significant. An affiliate brand with press coverage on established publications gains credibility with both players and operator partners. Players encountering an affiliate’s comparison site or review platform are more likely to trust its recommendations if they have seen the brand mentioned elsewhere in independent media. The affiliate stops being just another faceless review site and becomes a recognised name in the space.

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Operator partnerships benefit too. Casino and sportsbook companies evaluating potential affiliate relationships assess the affiliate’s brand strength, traffic quality and public profile. An affiliate with documented media coverage across credible publications presents a stronger case for favourable commercial terms than one with no presence beyond its own website.

The SEO advantages are particularly relevant for affiliates. The gambling affiliate market is one of the most competitive organic search environments in existence. Hundreds of sites target the same high-value keywords. Backlinks from authoritative publications built through consistent PR campaigns strengthen domain authority in ways that internal content strategies alone struggle to match.

Packages That Fit Each Business Type

Kooc Media offers standard packages and custom campaigns to suit the different needs of casino operators, sportsbook brands and affiliate businesses.

Standard packages deliver guaranteed placements across the agency’s owned sites and partner network with optional content creation and comprehensive reporting. They work for casino brands maintaining steady promotional coverage, sportsbooks keeping their name visible throughout the sporting calendar and affiliates building brand authority through regular media output.

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Custom campaigns address specific strategic moments. A casino launching a new brand or entering a new market needs coordinated multi-publication coverage. A sportsbook timing a campaign around a major sporting event needs rapid distribution with precise scheduling. An affiliate network expanding its portfolio or rebranding needs press that introduces the new identity to the industry. Any of these businesses integrating cryptocurrency features needs content bridging traditional gambling and crypto audiences.

Kooc Media manages every campaign from planning through content production, distribution and final reporting.

About Kooc Media

Kooc Media is a PR distribution agency founded in 2017, specialising in online gambling, crypto, fintech and technology. The company operates its own network of news publications and distributes content through a broad global partner network to guarantee media placements. Services include press release writing, sponsored articles, homepage features, newswire distribution and complete campaign management.

Kooc Media’s gambling PR packages are available now through the company’s website at https://kooc.co.uk.

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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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XRP Gears Up for Breakout as Cup and Handle Targets $1.70

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XRP Gears Up for Breakout as Cup and Handle Targets $1.70

XRP (XRP) is trading near $1.43 as multiple timeframes point to an imminent directional move, with a cup and handle on the 4-hour chart targeting $1.70 and a confirmed weekly golden cross backing a longer-term bullish thesis.

Daily volatility has compressed to near record lows while the Relative Strength Index (RSI) tightens inside a triangle stretching back to mid-2025. The setup resembles a classic accumulation phase before a powerful expansion.

XRP Weekly Channel and Golden Cross Build Macro Bullish Case

The weekly XRP chart shows the price on the lower boundary of an ascending parallel channel drawn on a logarithmic scale. The current bounce marks the third test of that support. Historically, prior tests in 2017 and mid-2024 preceded strong rallies.

A confirmed golden cross adds weight to the structure. Weekly golden crosses are rare and have marked sustained uptrends in past cycles. Crypto analyst XrpUdate expects XRP to run toward the channel midline, which currently sits in the $30 range.

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Meanwhile, a clean loss of the channel support would invalidate the bullish case. Such a breakdown could open the door for a return to cycle lows.

“$XRP JUST CONFIRMED A GOLDEN CROSS Years of consolidation → ready to expand. The structure is screaming continuation. This is where smart money loads…”

Long-term XRP chart / Source: X

Daily Volatility Collapse and RSI Triangle Point to Expansion

The daily chart shows XRP pinned to the 0.236 Fibonacci retracement at $1.42. Support sits at $1.30, and resistance at $1.53. The Fibonacci grid is anchored to the January rally top at $2.42.

Beneath the price panel, the Bollinger Band Width Percentile (BBWP) reading has collapsed toward zero and is flashing blue. Volatility this compressed has historically preceded sharp directional moves in either direction.

Declining volume through April reinforces the accumulation thesis. Long-term holders tend to absorb supply quietly during these phases before retail catches on.

XRP daily charT
XRP daily chart / Source: Tradingview

Confirming the setup, the daily RSI has formed a contracting triangle since July 2025. Resistance slopes down from the 88 print last summer. Support rises from the February 2026 low near 18.

The indicator currently sits around 55, almost dead-center inside the apex. A break above 60 would align with a bullish momentum shift. However, a drop under 45 would warn of further downside.

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XRP daily RSI chart
XRP daily RSI chart / Source: Tradingview

XRP Price Prediction and the $1.70 Cup and Handle Target

The 4-hour XRP/USDT chart on Binance shows a cup and handle formation taking shape. The cup stretches from the March low near $1.30 to the April peak at $1.50. The handle is forming right on the 0.236 Fibonacci line at $1.42.

A clean break above the $1.50 neckline measures to a target of $1.6933. That target sits between the 0.382 and 0.5 Fibonacci retracements of the recent leg down. It represents roughly 18% upside from current levels.

The 4-hour RSI sits near 50, matching the neutral momentum seen on higher timeframes. That reading aligns with a late-stage accumulation pattern rather than exhaustion.

XRP 4-hourly chart / Source: Tradingview

If $1.30 gives way before the breakout, the cup and handle get invalidated. Hold the $1.30 floor, and the alignment across weekly, daily, and 4-hour charts favors a breakout.

The post XRP Gears Up for Breakout as Cup and Handle Targets $1.70 appeared first on BeInCrypto.

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Researcher wins 1 bitcoin (BTC) for largest quantum attack on elliptic curve yet

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How a fake crypto app bypassed Apple's security

The quantum attack Bitcoin has spent years treating as tomorrow’s problem just got a little less theoretical.

Quantum security startup Project Eleven said it awarded its 1 bitcoin Q-Day Prize to independent researcher Giancarlo Lelli on Friday after he broke a 15-bit elliptic curve key on publicly accessible quantum hardware, deriving a private encryption key from its public counterpart.

The bounty is worth roughly $78,000 at current prices. It is said to be the largest public demonstration of the attack class that could one day threaten bitcoin, ether (ETH) and most major blockchains.

Elliptic curve cryptography is the math that lets a crypto wallet prove it controls funds without revealing its private key. A public key can be visible to everyone, but deriving the corresponding private key is supposed to be impossible in practical terms.

Quantum computers running Shor’s algorithm, a quantum technique first proposed in 1994, challenge that assumption by attacking the underlying logic that secures those signatures.

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Lelli’s result does not mean bitcoin is close to being cracked. Bitcoin uses 256-bit elliptic curve security. A 15-bit key has a search space of 32,767 possibilities, tiny by comparison. The prize was designed to measure whether quantum attacks on real cryptography-based products are moving from white papers into public hardware experiments.

The previous public break was a 6-bit demonstration by Steve Tippeconnic in September 2025 using IBM’s 133-qubit quantum computer. Lelli’s 15-bit result expanded that by a factor of 512 in seven months.

A bit is the smallest unit of information in a regular computer, a qubit is the quantum computing equivalent.

Read more: A simple explainer on what quantum computing actually is, and why it is terrifying for bitcoin

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Theoretical resource estimates have dropped even faster. A Google Research paper last month put the cost of a full 256-bit attack below 500,000 physical qubits, down from earlier estimates in the millions.

“The resource requirements for this type of attack keep dropping, and the barrier to running it in practice is dropping with them,” Project Eleven CEO Alex Pruden said.

Pruden noted the winning submission came from an independent researcher working on cloud-accessible hardware, not a national laboratory or a private quantum chip.

The concern is sharpest for wallets whose public keys are already visible on-chain. Project Eleven estimates roughly 6.9 million bitcoin sit in such addresses, about one-third of total supply, including Satoshi Nakamoto’s estimated 1 million bitcoin untouched since the network’s earliest years. Any quantum computer capable of breaking 256-bit ECC could work through those wallets at leisure.

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Bitcoin developers have proposed migration paths including BIP-360, a Bitcoin Improvement Proposal that would add quantum-safe address types. Ethereum, Tron, StarkWare, and Ripple have each published post-quantum transition plans.

Fifteen bits is not 256 bits, but is the latest in a rapidly heating up point of interest for bitcoin developers and the broader community.

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Trump’s DOJ drops probe that stood in way of president’s pick to run Federal Reserve

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Trump's DOJ drops probe that stood in way of president's pick to run Federal Reserve

President Donald Trump’s command of U.S. financial and economic policy may have taken a step closer now that his Department of Justice has backed down from an investigation of Federal Reserve Chair Jerome Powell, meaning his nominee to replace Powell may now have an open path to confirmation.

Fed chair nominee Kevin Warsh, whose own considerable wealth includes some crypto-world assets, is awaiting a final vote from the Senate after appearing in a confirmation hearing this week. Trump, who has relentlessly blamed Powell for maintaining overly high U.S. interest rates, chose Warsh to remedy that, but Republican Senator Thom Tillis had promised to block the confirmation as long as the DOJ pressed an investigation against Powell for cost overruns in a Fed building project.

That criminal probe was dropped on Friday, and Attorney General Jeanine Pirro said the DOJ asked the Fed’s inspector general to look into the renovation situation and issue a report. When the news emerged, Kalshi’s prediction betting on Walsh’s confirmation before May 15 shot up from about 30% odds to more than 80%.

“I expect a comprehensive report in short order and am confident the outcome will assist in resolving, once and for all, the questions that led this office to issue subpoenas,” Pirro wrote in a post on social media site X. “Accordingly, I have directed my office to close our investigation as the IG undertakes this inquiry. Note well, however, that I will not hesitate to restart a criminal investigation should the facts warrant doing so.”

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Putting his own people atop the Federal Reserve not only equates with Trump’s greater influence over U.S. monetary policy, but it also leaves him with more allies on the Fed board as it makes decisions about financial policy — including implementing rules that govern the crypto industry and stablecoin issuers.

Because of Tillis’ threat, Warsh may have been in a holding pattern as long as the DOJ pursued its investigation, which could have left Powell in charge of the Fed indefinitely, well beyond the May 15 expiration of his term. Now, the Republican-majority Senate may be able to move more quickly toward confirmation of the nominee, who insisted during his hearing that he would act independently of White House direction.

Senator Elizabeth Warren, the ranking Democrat on the Senate Banking Committee that’s considering his nomination, dismissed the move and noted the administration is still pursuing Fed Governor Lisa Cook in court.

“This is just an attempt to clear the path for Senate Republicans to install President Trump’s sock pocket Kevin Warsh as Fed chair,” Warren said in a statement. “Let’s be clear what the Justice Department announced today: They threatened to restart the bogus criminal investigation into Fed Chair Powell at any time while failing to drop their ridiculous criminal probe against Governor Lisa Cook.”

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Tillis called Warsh a “great nominee.” In his own posting this week on X, the senator said he’d vote yes on Warsh once the DOJ backs off of Powell:

“I look forward to supporting him out of committee once the DOJ drops their bogus investigation into Chairman Powell that threatens the independence of the Fed.”

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DeFi heavyweights press SEC for formal broker rules after ‘non-custodial UI’ guidance

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Coin Center presses Senate to keep dev protections in BRCA bill

DeFi heavyweights urge the SEC to turn its temporary “non‑custodial UI” safe harbor into binding broker rules that shield neutral infrastructure from creeping regulation.

Summary

  • The DeFi Education Fund, Aave Labs, Uniswap Labs, Paradigm, Andreessen Horowitz, and others have sent a joint letter urging the SEC to codify its recent “non‑custodial user interface” broker guidance into formal rules.
  • The coalition backs the SEC staff’s view that neutral, self‑custodial front ends should not be treated as brokers, but warns that vague definitions risk sweeping in validators, RPC/API providers, oracles, and cloud services.
  • With the CLARITY Act stalled in the Senate, the letter frames SEC rulemaking as the only near‑term path to legal certainty for DeFi infrastructure in the U.S.

A broad coalition of DeFi builders and investors is pressing the U.S. Securities and Exchange Commission to lock in its recent staff guidance on “non‑custodial user interfaces” through formal rulemaking, arguing that only clear, durable definitions of “broker” will prevent neutral infrastructure from being regulated out of existence. In a letter filed this week, the DeFi Education Fund, Aave Labs, Uniswap Labs, Paradigm, Andreessen Horowitz and other signatories responded to the SEC Division of Trading and Markets’ April 13 staff statement on when crypto asset front ends must register as brokers.

The coalition “strongly supports” the staff’s conclusion that a non‑custodial user interface “that merely converts user‑initiated instructions into blockchain‑legible commands” and leaves users in full control of their assets does not need broker‑dealer registration. They argue that such tools function as technical infrastructure rather than transaction intermediaries, aligning with Commissioner Hester Peirce’s call for a “more permanent regulatory approach” that reflects how DeFi actually works.

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From interim guidance to binding rules

The April 13 statement carved out a five‑year no‑action framework for “Covered User Interface Providers,” allowing certain DeFi front ends and self‑custodial wallets to operate without broker registration so long as they meet 12 conditions, including strict limits on discretion, order handling, and recommendations. In a notable departure from traditional practice, the staff said it would not object if these providers receive transaction‑based fees, provided compensation is flat, objective, and agnostic to product or venue, while still banning payment for order flow.

But the guidance is explicitly temporary and can be withdrawn in 2031 absent Commission action, a sunset the DeFi coalition says is not good enough for businesses making multi‑year infrastructure bets. Their letter urges the SEC to open a notice‑and‑comment rulemaking that would hard‑code a modern broker definition, explicitly excluding neutral software providers, validators, RPC/API operators, oracle networks, and cloud infrastructure that never take custody or exercise trading discretion.

“Absent clear, technology‑neutral rules, future staff or Commissions could reinterpret the broker definition in ways that chill innovation and push core U.S. infrastructure offshore,” the groups warn, echoing concerns that ad hoc guidance can be reversed as quickly as it is issued.

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Regulatory vacuum as Congress stalls

The timing of the letter is not accidental. With the CLARITY Act — the main federal crypto market‑structure bill — stuck in the Senate Banking Committee and facing a hard end‑of‑May deadline set by Senator Bernie Moreno, industry groups increasingly see the SEC’s rulebook as the only near‑term lever for clarity. Legal memos from firms including Sidley, Jones Day, and Deloitte have already framed the April 13 statement as a “path” for DeFi interface providers but stressed that it only addresses broker‑dealer rules, not exchange registration, AML obligations, or anti‑fraud liability.

In its own weekly “DeFi Debrief,” the DeFi Education Fund called the staff move “a significant first step” but emphasized that “lasting regulatory certainty requires Commission‑level action,” not just staff statements. Until Congress acts or the SEC completes a full rulemaking, the coalition’s push underscores a broader reality: the fate of U.S. DeFi infrastructure still hinges on how a 90‑year‑old broker definition is applied to lines of code.

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Chainlink data services go live on AWS Marketplace to bridge cloud and blockchain

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Chainlink data services go live on AWS Marketplace to bridge cloud and blockchain

AWS Marketplace now offers Chainlink’s oracle stack as a native service, letting banks and fintechs wire tokenization, stablecoins, and RWA apps into existing cloud workflows.

Summary

  • AWS Marketplace has listed Chainlink services including Data Feeds, Data Streams, and Proof of Reserve, giving AWS developers direct access to oracle infrastructure inside their existing cloud workflows.
  • Amazon says Chainlink’s oracle stack now provides a secure, two‑way connection between AWS resources and on-chain smart contracts, aimed at institutions building tokenization, stablecoin, and digital asset applications.
  • The integration strengthens Chainlink’s role as a default oracle layer for capital markets, following earlier work with firms like Swift, Euroclear, and UBS on tokenized asset rails.

According to a report from The Block, AWS Marketplace has integrated multiple Chainlink data services, including its Data Feeds, low‑latency Data Streams, and Proof of Reserve products, into a single listing that any AWS customer can deploy. The move lets developers plug Chainlink oracles directly into AWS compute, storage, database, and API stacks, turning off‑chain enterprise systems into data sources and execution engines for on-chain smart contracts without leaving the AWS environment.

On its Marketplace page, Amazon describes the Chainlink Platform as an “all‑in‑one oracle solution” that brings tamper‑resistant price data, reserve attestations, and other external inputs onto blockchains, while also enabling secure callbacks from smart contracts to AWS workloads. Chainlink’s Proof of Reserve, for example, provides on-chain attestations on the collateralization of stablecoins, wrapped assets, and tokenized real‑world assets, helping issuers enforce 1:1 backing and implement “circuit breakers” that halt minting if reserves fall below supply.

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AWS has been signaling this direction for some time. A previous Partner Solution showed enterprises how to run highly available Chainlink nodes on Amazon EKS to deliver external APIs, price data, and verifiable randomness to smart contracts, while a March 2026 AWS sample project walked through integrating AWS services with the Chainlink Runtime Environment (CRE) for tokenization use cases such as price feeds and reserve verification. In a separate announcement about CRE, Jane Ginsburg, AWS’s go‑to‑market head for capital markets and fintech, said the environment “enables customers to integrate AWS workloads with smart contracts, unlocking use cases such as custom price feeds, stablecoin reserve verification, and off‑chain computation within trusted execution environments.”

For Chainlink, the Marketplace listing deepens its pitch as the “industry‑standard oracle platform” for on‑chain capital markets. The company has highlighted adoption of its stack — including Data Feeds, Proof of Reserve, and cross‑chain interoperability protocol CCIP — by major financial institutions and Web3 protocols, and says CRE is being used by Swift, Euroclear, UBS, J.P. Morgan’s Kinexys, Mastercard, AWS itself, and others to tap into what it estimates as an $867 trillion tokenization opportunity.

By putting Chainlink’s services behind the familiar AWS Marketplace paywall and deployment model, Amazon is effectively telling banks, asset managers, and fintechs they can experiment with tokenized assets and smart contracts using the same procurement and security processes they already use for cloud. For developers, it compresses the distance between a traditional microservice running on AWS and a live on‑chain application, making it far easier to move real‑world data, reserves, and workflows into blockchain‑based systems without having to build custom oracle plumbing from scratch.

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Polish Regulators Deepen Probe as Zondacrypto CEO Goes Unreachable

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Crypto Breaking News

The crisis surrounding Zondacrypto deepened this week as Polish prosecutors opened a formal investigation into alleged fraud and investor losses at the Central European crypto platform. The move follows a string of disclosures surrounding the exchange’s leadership, liquidity access, and governance, and comes amid heightened scrutiny of cross-border crypto activities within Poland and the wider European Union.

According to Onet, the Polish investigative authorities are looking into potential fraud and investor losses tied to Zondacrypto. The report also notes that CEO Przemysław Kral has been in Israel for about a week and holds Israeli citizenship, a detail that could complicate any potential extradition proceedings to Poland. Polish prosecutors opened their inquiry last Friday after collecting complaints from local customers. Cointelegraph confirmed that Kral’s email address—previously used to communicate with him—has since become unavailable, underscoring deteriorating channels of contact amid the crisis.

The developments come on the heels of Kral’s earlier admission that Zondacrypto’s cold wallet, which reportedly held 4,500 Bitcoin, was inaccessible. This admission marked his last publicly documented communication before the current escalation. Prosecutors in Poland have identified several hundred potential victims and estimated losses at least PLN 350 million, roughly USD 97 million, according to Notes from Poland, which cited a prosecutor spokesperson.

Key takeaways

  • Polish authorities have opened a criminal probe into Zondacrypto for alleged fraud and investor losses, signaling a formal step beyond private complaints.
  • The CEO, Przemysław Kral, is reported to be in Israel and to hold Israeli citizenship, raising potential extradition complications for Polish authorities.
  • Disclosures indicate a significant loss exposure to creditors, with several hundred potential victims and losses measured in the mid-to-high nine-figure PLN range.
  • Board and governance pressures intensified as resignations from the Estonian operator’s supervisory board point to governance breakdowns and inconsistencies between public statements and internal information.
  • The episode feeds into a broader EU regulatory debate around MiCA implementation, centralized supervision, and the adequacy of investor protection regimes in member states.

Polish investigation, exposure, and the evolving regulatory landscape

Although Zondacrypto is registered in Estonia via BB Trade Estonia OÜ, its user base remains concentrated in Poland, with a substantial Polish-speaking community and a significant operational footprint in the country. The Polish investigation reflects regulatory and enforcement realities where cross-border crypto platforms can fall under multiple jurisdictions, especially when customer complaints arise from a specific locale. The case has thus raised questions about how Poland, and the EU more broadly, apply investor protections and enforce sanctions when a platform operates across borders.

Analysts note that the episode occurs within a broader policy framework under discussion in Europe. The Markets in Crypto-Assets Regulation (MiCA) aims to standardize oversight of crypto activities across EU member states, but national authorities continue to wrestle with timely, effective enforcement. Prime Minister Donald Tusk has publicly connected the case to broader concerns about political influence and the movement of capital, highlighting what he characterized as potential links between crypto flows and external funding. In remarks cited by Poland’s government, Tusk said as many as 30,000 Zondacrypto users may have been affected and argued that the country’s investor-protection regime—already constrained by a historically slow pace of legislative adoption—faced challenges due to MiCA’s ongoing implementation timeline.

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From a compliance and enforcement standpoint, the case underscores the regulatory tension between national oversight and EU-wide harmonization. Several Polish authorities have described a governance model in which ownership and executive management were concentrated in a single individual, a structure that can impair oversight, transparency, and accountability. Former supervisory board member Georgi Džaniašvili stated that the board learned about the scale of the crisis through media reports rather than internal channels, signaling “material inconsistencies” between public statements and available information. The LinkedIn post by Džaniašvili emphasizes the importance of transparent governance, effective oversight, and mutual trust—elements that are critical to institutional resilience in the crypto sector.

The pushback against the governance model has also fed into political discourse surrounding the case. Polish officials noted that the absence of a robust investor-protection framework delayed the ability to act decisively, a position aligned with ongoing criticisms of MiCA implementation in member states. Some observers argue that a more centralized, EU-level approach to crypto supervision—beyond national lines—could mitigate fragmentation and improve cross-border consumer protection, though achieving consensus on enforcement and licensing remains contested.

Contextually, Zondacrypto’s origin story—having been founded in Katowice in 2014 as BitBay by Sylwester Suszek, who has been missing since 2022—casts a shadow over the company’s earlier trajectory. In recent public statements, Kral contended that Suszek bore responsibility for the platform’s inability to access its cold wallet, a claim that further complicates the legal narrative around accountability and ownership. The Polish investigation, paired with governance concerns and the founder’s absence, raises questions about risk management, internal controls, and the due diligence that regulators require of exchange operators operating across jurisdictions.

Regulatory and governance implications for cross-border crypto firms

The Zondacrypto case illustrates the practical implications of regulatory fragmentation and the push toward more centralized oversight within the EU. For exchanges and platforms operating in or with customers in Poland, the investigation underscores the need for robust cross-border compliance programs—encompassing AML/KYC protocols, ongoing due diligence, and clear governance structures that withstand leadership transitions or disputes. It also highlights the risk that regulatory actions in one jurisdiction can spill over into regulatory expectations elsewhere, particularly in EU member states seeking to align with MiCA provisions while managing national enforcement priorities.

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Moreover, the episode reinforces the importance of timely information-sharing between regulators, prosecutors, and market participants. As authorities pursue accountability—whether related to fraud, mismanagement, or operational failures—firms must demonstrate resilient governance, transparent disclosures, and robust safeguarding of customer assets. The case also places a spotlight on how political dynamics, including perceptions of foreign influence and capital flows, can influence regulatory discourse and policymaking in crypto markets.

According to Cointelegraph, the unfolding events in Poland are likely to influence the regulatory conversation around how smaller crypto firms are supervised under MiCA, including considerations of licensing, cross-border activity, and the capacity of national authorities to protect investors while enabling legitimate innovation. The balance between robust enforcement and competitive viability for regional platforms remains a central concern for policymakers, industry groups, and financial institutions engaging with crypto services.

In the near term, observers will be watching for developments on several fronts: whether Polish authorities secure extradition or pursue alternative legal avenues, the pace and scope of governance reforms within Zondacrypto’s operating entities, and how EU regulators calibrate MiCA implementation to address gaps revealed by cross-border cases like this one.

Closing perspective: The Zondacrypto case is a reminder that regulatory clarity, governance integrity, and robust asset safeguarding are now essential prerequisites for crypto platforms seeking legitimacy and continuity across multiple jurisdictions.

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Kalshi bettors see Warsh confirmed in May after DOJ drops Powell probe

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Kalshi bettors see Warsh confirmed in May after DOJ drops Powell probe

Kevin Warsh, chairman of the US Federal Reserve nominee for US President Donald Trump, during a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing in Washington, DC, US, on Tuesday, April 21, 2026.

Graeme Sloan | Bloomberg | Getty Images

Odds that Kevin Warsh will be confirmed as chairman of the Federal Reserve in less than a month from now surged on prediction markets platform Kalshi after the Department of Justice said Friday it was dropping its inquiry into current Fed Chair Jerome Powell.

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Bettors on the platform now see an 86% chance that Warsh’s nomination is approved by the U.S. Senate by May 15, and a more than 97% chance that happens by June 1. 

Before the probe into Powell was dropped on Monday morning, bettors placed the chance of confirmation by May 15 at about 30% odds. 

The end of the inquiry meets a key demand of Sen. Thom Thillis, a North Carolina Republican. While he said he supported Warsh for the role of Fed chair, he said he could not vote to advance the nomination until the criminal investigation into Powell ended. 

Tillis sits on the Senate Banking Committee, which will need to vote to send Warsh’s nomination to the full Senate. If Tillis voted against advancing Warsh’s nomination, that would block his chances of making it to the Senate floor if all Democrats on the committee also opposed the selection by President Donald Trump.

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While the probe ending today likely clears the path for Warsh’s candidacy to make it out of committee, Tillis has not made an official statement since the inquiry was dropped. CNBC has reached out to his office for comment. 

Bettors, though, think the news is an all clear signal. On Polymarket, bettors now place a similar 81% chance Warsh is confirmed by May 15, and 98% chance by June 1. 

Disclosure: CNBC and Kalshi have a commercial relationship that includes a CNBC minority investment.

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Paul Sztorc’s Bitcoin hard fork will reassign Satoshi coins

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Paul Sztorc's Bitcoin hard fork will reassign Satoshi coins

Paul Sztorc, the Bitcoin developer behind drivechains and Bitcoin Improvement Proposal 300 (BIP-300), has announced a new Bitcoin hard fork called eCash.

This project will apparently “be manually reassigning some” of Satoshi’s tokens on this fork to investors in this new project.

To justify this “controversial decision,” Sztorc has claimed that it was necessary to prevent the project from becoming a “zombie,” saying that without this way for “collaborators” to get involved, it will end up failing.

On his drivechain website, Sztorc has claimed that he “never launched an actual altcoin,” a claim that must now be updated

Drivechains

The announcement makes clear that the team behind this intends to launch with drivechains, claiming it has “7 in developement [sic].”

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Drivechains, which are meant to facilitate Bitcoin scaling, are a type of sidechain — chains without native tokens that you can transfer your mainnet bitcoin (BTC) to.

Sztorc has claimed that this technology would facilitate an ability to onboard much more people to Bitcoin and use BTC in ways more familiar to DeFi.

Read more: Sztorc vs Gladstein: Can Lightning scale Bitcoin?

LayerTwoLabs, a firm that Sztorc is associated with, lists the possible uses for drivechains:

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  • Smart contracts
  • Privacy-focused transactions
  • Instant, low-cost payment channels
  • DeFi applications
  • Tokenization of assets and securities

Previous eCash projects

Other projects have previously used the name “eCash,” including, famously, David Chaum’s eCash, one of the first digital cash projects.

This project is often considered one of the precursors to Bitcoin.

Additionally, it’s a name that’s previously been used for cryptocurrencies, including, as acknowledged by Sztorc, “XEC” which launched in 2021.

Currently, the website for Sztorc’s new projects lists a launch in approximately 119 days.

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ECB Unveils Standards Pact to Slash Digital Euro Integration Costs

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Crypto Breaking News

The European Central Bank has moved to smooth the path for a potential digital euro by signing agreements with three European standards bodies to reuse existing open payment standards for digital euro transactions. The move, announced Friday, aims to reduce integration costs for banks, merchants, and payment service providers as Europe contemplates a common, cross-border digital tender.

The ECB said it struck partnerships with the European Card Payment Cooperation, Nexo standards, and the Berlin Group. The agreements will allow the central bank to apply standards covering contactless tap-to-pay, merchant-to-payment-provider connections, and alias-based payments (such as transactions initiated by a mobile phone number). In effect, the ECB hopes to sidestep the need to build a bespoke set of payment rails from scratch, at least at the outset, by leaning on established European open standards.

Using existing open standards is framed by the ECB as a cost-mitigation step designed to speed up market readiness and deliver a more uniform digital euro user experience across the euro area. Yet the central bank cautions that the arrangements are not a guarantee of inexpensive implementation. An earlier analysis cited by Reuters estimated that the digital euro could cost EU banks between 4 billion and 6 billion euros over a four-year horizon, underscoring the substantial work still required despite the standards collaboration.

The standards push is part of a broader effort to lower technical barriers ahead of any potential rollout. It addresses one facet of the costly, multi-year preparation that banks, merchants, and PSPs would face even if a decision to launch is ultimately taken.

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The standards to be included. Source: ECB

Key takeaways

  • The ECB has formalized agreements with the European Card Payment Cooperation, Nexo standards, and the Berlin Group to reuse open payment standards for digital euro transactions, covering tap-to-pay, merchant-to-PSP connections, and alias-based payments.
  • The move is designed to cut adoption costs and promote a consistent user experience across the euro area, but it does not guarantee low implementation costs for banks and PSPs.
  • Cost concerns remain significant: Reuters estimates EU banks could bear 4–6 billion euros in costs over four years related to a potential digital euro deployment.
  • Technical standards are expected to be clarified ahead of a pilot, with the ECB targeting a summer unveiling of key standards and a 12-month pilot starting in the second half of 2027.
  • PSPs will be actively recruited to participate in the pilot, which will involve a limited number of banks, merchants, and Eurosystem staff to test distribution and use cases.

Aligning standards with a possible rollout

The ECB’s coordinated approach reflects a shift toward leveraging established European payment frameworks rather than building a wholly new, closed system. By aligning with the European Card Payment Cooperation, Nexo standards, and the Berlin Group, the ECB aims to give banks and merchants a clearer, more interoperable path to integrating digital euro functionality into existing payment ecosystems. This could translate into smoother experiences for merchants accepting digital euro payments and for consumers using digital wallets or mobile devices for euro-denominated transactions.

Europe’s payment landscape has long been fragmented by proprietary rails and non-uniform protocols. The ECB’s emphasis on open standards seeks to reduce this fragmentation and promote a more consistent interface for end users. The central bank has emphasized that while standardization can ease technical onboarding, it does not eliminate all costs—particularly those tied to updating back-end systems, compliance, risk management, and staff training.

Setting the stage for a pilot

As part of its broader digital euro program, the ECB is moving toward a real-world test environment. In February, the central bank said the digital euro pilot will span 12 months and involve a limited set of payment service providers, merchants, and Eurosystem staff, with PSPs anticipated to play a central role in distribution. The pilot is planned to run in the latter half of 2027, contingent on progress in technical standardization and market readiness.

The ECB has previously signaled that a summer milestone would include concrete technical standards. In March, ECB Executive Board member Piero Cipollone indicated that key standards would be announced by the summer, providing banks and merchants with a clearer blueprint for their internal preparations. The ECB has also stressed the importance of a coordinated, phased approach—beginning with clear standards, followed by targeted pilots—to minimize disruption and encourage orderly adoption if a decision to launch is taken in the future.

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The move to anchor the digital euro on open European standards dovetails with ongoing efforts to ensure the project remains technologically accessible to a broad swath of market participants. It also signals a recognition that the most stubborn barrier to wide-scale adoption may be compatibility with existing payment terminals, wallets, and settlement processes rather than the conceptual design of the digital euro itself.

As Europe builds out its own framework, observers will watch how these agreements translate into actual cost realizations, the speed with which standards are rolled out, and how merchants and PSPs adjust their systems. The balance between standardization and innovation will be important to track, as will the willingness of banks to participate in the pilot and commit resources to integration ahead of any formal decision on launch.

Analysts and market participants will also be looking for how the cost estimates evolve as banks begin to map integration milestones to open-standard adoption. If the ECB can demonstrate lower friction through interoperable interfaces, it could tilt the economics in favor of earlier and broader participation in a future digital euro ecosystem, even as total costs remain a consideration for financial institutions and policymakers alike.

In the near term, the headline from the ECB is one of pragmatic progress: aligning European payment standards to reduce one of the clearest technical barriers to a digital euro while keeping the door open for a methodical, evidence-based rollout. The coming months will reveal how quickly standards are adopted, how the pilot participants are selected, and what the actual cost profile looks like as banks begin to align their infrastructure with the new framework.

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Readers should keep an eye on announcements anticipated this summer regarding the finalization of key technical standards and the ongoing process to recruit PSPs for the 2027 pilot. As the ECB’s plan unfolds, the compatibility of existing European payment rails with a digital euro and the real-world costs borne by banks will remain central to the feasibility discussion and investor interest alike.

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