og

According to Bloomberg, a project by Bitcoin mining company Hut 8 Corp is issuing investment-grade secured bonds to fund its data center construction associated with Google (Alphabet Inc.).The bonds have a maturity date of 2042, with an initial price guidance of approximately 2.13 percentage points above the benchmark yield. Previous reports indicated that the project plans to issue at least $3 billion in high-grade bonds for the construction of a 245-megawatt facility located in St. Francisville, Louisiana. The issuance is being managed by Goldman Sachs, JPMorgan, and Morgan Stanley.The 600,000 square foot project will generate revenue through a 15-year lease agreement worth approximately $7 billion signed with cloud computing startup Fluidstack, with Google providing financial backing for the lease payments and other obligations. A subsidiary of Entergy Corp. will supply power to the project under a service agreement.Hut 8 is a publicly traded Bitcoin mining company that is transforming into an energy and digital infrastructure company and holds a controlling interest in a U.S. Bitcoin company (associated with Eric Trump and Donald Trump Jr.).

According to Blockchain for Europe, the European Blockchain Association, in collaboration with Dr. Ulrich Bindseil, former Director General of Market Infrastructure and Payments at the European Central Bank, and Erwin Voloder, Director of Research and Strategy at the Association, jointly released a report titled "Reforming MiCA to Support Euro Stablecoins."The report recognizes the significance of MiCA as a milestone regulatory framework, but also points out that some of its design choices may place Europe in the unfavorable range of the regulatory "Laffer curve"—excessively stringent requirements could weaken the EU's market competitiveness and drive related businesses outside the EU.The report proposes a series of targeted and pragmatic reform suggestions aimed at fostering a more competitive, resilient, and globally influential euro stablecoin ecosystem under MiCA, and calls on policymakers, industry participants, and various stakeholders to actively engage in discussions to jointly promote the continuous improvement of the MiCA framework.

According to on-chain analyst Ai Yi's monitoring, Binance's DOGE open interest has increased by nearly 100 million dollars in five days.Since the afternoon of April 23, Binance's contract open interest has risen from 2.31 billion to a peak of 3.23 billion (an increase of 920 million DOGE, nearly 100 million dollars), a growth of 39.8%; meanwhile, the price of DOGE only increased by a maximum of 5% during the same period, which is not matching the growth.

According to Insight Korea, South Korea's digital bank K Bank has established a strategic partnership with blockchain company Ripple to advance the verification of next-generation cross-border remittance technology based on blockchain.Both parties will focus on assessing the optimization potential in remittance speed, cost structure, and transaction transparency through Ripple's global payment network and infrastructure. The current collaboration includes proof of concept based on digital wallets, joint development of cross-border remittance models, and expansion in the digital asset field. The ongoing second phase of testing has simulated the connection between the bank's internal systems and customer accounts, testing on-chain fund transfers aimed at the UAE and Thailand. K Bank is also evaluating the adoption of Ripple's SaaS digital wallet Palisade to enhance compliance and deployment efficiency.

According to GMGN monitoring, the Base ecosystem token REPPO has risen again since last night, standing above 32 million dollars this morning, continuing to set new highs. The current market capitalization is reported at 29.2 million dollars, with a 24-hour increase of 32%, and a trading volume of 620,000 dollars during the same period.It is reported that previously, the token's market capitalization has been continuously rising from 10 million dollars due to the commitment of 20 million dollars in strategic funding from Bolts Capital to the Reppo Foundation.ChainCatcher reminds users that meme coin trading is highly volatile, largely relying on market sentiment and speculative hype, and has no actual value or use cases. Investors should be aware of the risks.

The crypto market structure bill has seen almost no public progress in the past month. While it is quite difficult to predict the outcome of the bill, the window for passing it is narrowing. Many actions surrounding the market structure issue—such as statements from staff at the Securities and Exchange Commission (SEC)—are not permanent guidance. The SEC has time to issue rules that require public notice and comment periods, but this will take time.The market structure legislation aims to codify the goals of the crypto industry and regulatory rules into law, making it more difficult for future governments to overturn these rules. In other words, without the Clarity Act, we could very well still be having the same discussions years from now.Since at least last December, May 25, Memorial Day, has been viewed as the "deadline" for legislative progress. After entering summer, lawmakers will leave Washington to campaign, leaving little time for the crypto bill (or most other legislation). Before Congress recesses, the House still needs to consider a bill that provides funding for the Department of Homeland Security, while the Senate must decide whether Kevin Warsh will become the next Federal Reserve Chair.The crypto industry is eager for the bill to pass. Over 100 organizations signed an open letter last week urging the Senate Banking Committee to hold a hearing on the bill, which would be the first step in the overall passage process. However, it is currently unclear how far the committee is from moving forward. The issue of stablecoin yields continues to dominate discussions, and other unresolved issues remain unaddressed at least in public.Even if these issues are resolved, the House will still need to vote on the bill again. House Financial Services Committee Chairman French Hill stated earlier this month that many unresolved issues surrounding stablecoin and DeFi sales practices have been addressed in the House version of the bill, and the Senate should be able to find consensus.

The DeFi United ecological rescue initiative led by Aave is ongoing. The Arbitrum DAO has released 30,765 ETH that was frozen after the rsETH incident on April 18. The designated donation address has accumulated a total of 100,360 ETH to address the collateral asset gap caused by the rsETH incident on April 18.The plan aims to restore the rsETH backing assets through multi-party collaboration, stabilize the market, and prevent the spread of bad debts across protocols. The funds will be used to support the recovery of collateral rates and gradually promote market normalization in conjunction with relevant protocols.Current major commitments or participants include: Arbitrum DAO releasing 30,765 ETH frozen after the rsETH incident on April 18, Mantle proposing to contribute 30,000 ETH, AaveDAO proposing to contribute 25,000 ETH, Aave founder Stani Kulechov confirming to provide 5,000 ETH, EtherFi proposing to provide 5,000 ETH, Lido proposing to provide 2,500 stETH, Golem Foundation and related projects totaling 1,000 ETH, among others. Additionally, LayerZero, Ethena, FraxFinance, InkFoundation, and others have also confirmed participation, but specific amounts have not yet been disclosed.It should be noted that the progress of this rescue still relies on several external key conditions, including KelpDAO restoring rsETH redemptions and the Arbitrum security committee releasing frozen assets. The overall recovery time and effectiveness remain uncertain.

The DeFi United coordinated rescue operation led by Aave service providers after the rsETH incident on April 18 has raised a total of $161.53 million (approximately 69,618 ETH). The plan aims to help restore the collateral backing of rsETH that was damaged due to the Kelp DAO bridging attack and improve liquidity in multi-network markets.The main participants/committers currently include: Aave founder Stani Kulechov personally committing 5,000 ETH; EtherFi proposing to contribute 5,000 ETH; Lido Finance proposing to contribute up to 2,500 stETH; Golem Foundation contributing 1,000 ETH. In addition, several protocols such as Mantle, Ethena, Ink Foundation, LayerZero, Tydro, and BGD Labs have publicly participated or expressed support.

According to CoinDesk, while quantum computers cannot disrupt the Bitcoin mining mechanism or the blockchain ledger, they may potentially crack the elliptic curve encryption system that protects wallet ownership through Shor's algorithm. Currently, about 6.9 million BTC (approximately one-third of the total supply) face potential risks due to public keys being visible on-chain, including around 1 million early holdings by Satoshi Nakamoto; transactions generated after the Taproot upgrade in 2021 are also affected due to public key exposure.Ethereum has established a formal quantum resistance migration plan since 2018, with 4 full-time teams and over 10 independent development groups, and has launched a dedicated progress website at pq.ethereum.org. In contrast, Bitcoin currently lacks a unified response roadmap, and the existing BIP-360 proposal and BitMEX Research detection scheme have not received widespread support from core developers. Notable Bitcoin advocate Nic Carter pointed out that Bitcoin's response is "the worst," while Blockstream CEO Adam Back believes that current quantum systems are still in the laboratory stage, but he also agrees that optional upgrade solutions should be deployed in advance.Analysts point out that Bitcoin's anti-centralization governance culture makes coordinating large-scale security upgrades extremely difficult, and how to handle historical legacy issues such as Satoshi Nakamoto's holdings is particularly challenging. A related paper from Google warns that once quantum attacks become a reality, the window for response may have already closed.

Market news: Google plans to invest up to $40 billion in Anthropic.

According to the official page, Polymarket has added a Steam account login method.

India is promoting the application of the digital rupee through about 10 welfare pilot projects, distributing part of the approximately $80 billion in subsidies and food benefits via e-rupee to reduce fund leakage and corruption, and to provide a clearer use case for central bank digital currency.At the same time, the Reserve Bank of India is pushing for a cross-member CBDC interconnection plan to be proposed at the 2026 BRICS summit, aiming to enhance the efficiency of cross-border trade settlements and reduce reliance on the US dollar. Currently, there are about 10 million e-rupee users, with a cumulative transaction amount of approximately $3.6 billion, which is still significantly lower than the UPI system that processes about $300 billion in transactions monthly in India.

KelpDAO announced on platform X that since April 18, it has been coordinating with Aave and ecological partners to advance the recovery work for rsETH holders. The initial gap of this incident was 163,200 ETH, and Kelp has currently recovered 40,300 rsETH, equivalent to about 43,000 ETH. The Arbitrum Security Committee has also secured an additional 30,700 ETH, leaving a remaining gap of approximately 89,500 ETH.Kelp stated that among the remaining gap, Mantle, Stani Kulechov, EtherFi, Lido, and Golem have publicly confirmed commitments totaling 43,500 ETH and are working with partners to formalize the relevant contributions. Kelp emphasized that rsETH holders are a priority.

DogPay announced a strategic partnership with DeCard to jointly launch the DogPay physical payment card, aimed at further bridging stablecoin assets with the global traditional payment network.It is reported that this payment card combines DeCard's regulated card issuance and settlement infrastructure with DogPay's modular digital financial platform. Eligible users can transact at over 150 million Visa-supported merchants worldwide, supporting real-world application scenarios such as offline POS machine consumption, retail shopping, and ATM withdrawals, thereby directly converting stablecoin balances into everyday purchasing power.DogPay officials stated that the launch of the physical payment card aims to meet the growing market demand for compliant and globally accepted digital asset payment tools, further promoting the deep integration of digital assets with regulated financial infrastructure.

The Chief Information Security Officer of Slow Fog, 23pds, tweeted that HexagonalRodent, a subsidiary of the Lazarus Group, is targeting Web3 developers through social engineering tactics such as "high-paying remote positions" and "recruitment for well-known projects" to induce the execution of malicious code, ultimately stealing users' cryptocurrency assets.On March 9, 2026, a user with the same name as a fast-draft extension developer was infected with the OtterCookie malware, which was used to distribute malicious programs. Attackers extensively used ChatGPT and Cursor to assist in executing the attacks, further enhancing the disguise and deception.

According to BBX data, the first public collapse case in the corporate digital asset reserve sector occurred yesterday, and on the same day, the crypto industry jointly issued the largest legislative mobilization of the year. Several listed companies disclosed their latest reserve actions, with the core dynamics as follows:Satsuma Technology Plc (LSE: $SATS) reported by Bloomberg on April 23 that digital asset investment firm Pantera Capital (holding approximately 6.7%) is pressuring the company, along with other shareholders, to liquidate all 646 BTC (current market value approximately $50 million) and return the cash to shareholders. The company's executive chairman, Ranald McGregor-Smith, confirmed that they have received requests from shareholders for capital return, stating that they are "evaluating options."DeFi Development Corp. (NASDAQ: $DFDV) announced that its Treasury Accelerator Program has completed a strategic equity investment in Japanese listed company Allied Architects, Inc. (TSE: 6081), marking the company's first entry into the Asian market. As of recently, the company holds approximately 2.2 million SOL (market value approximately $195 million), using "SOL per Share (SPS)" as a core performance indicator.H100 Group AB (OTCMKTS: $HOGPF) upgraded the letter of intent (LOI) signed in March to a binding share purchase agreement, intending to acquire a total of approximately 2,450 BTC reserves from Moonshot AS and Never Say Die AS; upon completion, the company's BTC holdings are expected to rise to approximately 3,501 BTC, with the transaction structure being all-stock consideration (BTC for BTC, no cash involved). Existing shareholders are expected to hold about 30% after completion, with the delivery expected to be completed by August 2026.Remixpoint, Inc. (TSE: 3825) recently increased its holdings by 20.0312 BTC (approximately $1.57 million), bringing its total BTC holdings to 1,431.33 BTC, with a current paper profit of approximately $21.28 million; the company also plans to purchase approximately $3.13 million in additional crypto assets.

According to foreign media citing informed sources, Cognition AI is in the early negotiation stage of a new round of financing. The company is leveraging the growing demand for software development generative artificial intelligence technology, and this round of financing will more than double its valuation to reach $25 billion.One informed source stated that the goal of this AI programming startup is to raise hundreds of millions of dollars or more. Negotiations are ongoing, and the terms may change.