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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

Stablecoins not credible for payments at scale, BIS chief says

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BIS chief Pablo Hernández de Cos said stablecoins lack credibility for payments at scale, while a new FSI study highlights sharp differences in issuer rules.

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Coin Market

Bitcoin ETFs end 9-day inflow streak as BTC dips below $78K

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US spot Bitcoin ETFs posted $201.8 million in net outflows Friday, led by ARK 21Shares, as total fund assets slipped back below $100 billion.

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Coin Market

Solana validators approve proposal to accelerate SOL disinflation

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The approved proposal doubles Solana’s annual disinflation rate from 15% to 30%, reducing future SOL issuance while leaving its long-term inflation target unchanged.

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