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Galaxy Digital posts $216M Q1 loss as crypto market slides 20%

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Mike Novogratz’s Galaxy Digital posted a $216 million first-quarter loss as weaker crypto prices hit asset values, while Helios data center revenue nears.

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Coin Market

The Sandbox pledges 1:1 repayment after $700K bridge exploit

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Eligible holders on Base and BNB Chain will receive Ethereum-based SAND from the project’s treasury, with claims expected to open within two weeks.

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Coin Market

Abu Dhabi royal backs 49% stake in Trump-linked crypto bank venture: WSJ

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Sheikh Tahnoon’s group reportedly backs a 49% stake in the holding company behind World Liberty’s conditionally approved US trust bank.

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Virtu, Tradeweb complete onchain repo using Marshall Islands digital bond

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The transaction used the Marshall Islands-issued USDM1 bond as collateral and completed the full repo cycle on the Canton Network in under 10 minutes.

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