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The Funding: As SpaceX's listing nears, are pre-IPO perps crypto’s next big market?

Pre-IPO perpetual futures just had their proof of concept moment with the Cerebras market on TradeXYZ. Here's where they go from here.

Ongoing exploit drains $11.6 million from Verus-Ethereum bridge: Blockaid

Peckshield flagged that the Verus-Ethereum bridge has been drained for 103.6 tBTC, 1,625 ETH, and 147,000 USDC.

Alleged Forsage co-founder extradited from Thailand, pleads not guilty in $340 million Ponzi case

The alleged mastermind behind Forsage, co-defendant Vladimir Okhotnikov, resurfaced in a film with disgraced actor Kevin Spacey last year.

Japan's SBI, Rakuten developing crypto investment trusts in-house: Nikkei

The push comes after Japan's cabinet approved a bill last month that would reclassify crypto under the Financial Instruments and Exchange Act.

House Agriculture leaders press Trump to appoint CFTC commissioners as CLARITY Act advances in Senate

Chair Michael Selig has been the agency's sole commissioner since December, with four seats sitting empty, as Trump has not nominated replacements.

VanEck, Grayscale file fresh BNB ETF amendments as race for next altcoin spot ETF accelerates

Canary Capital, meanwhile, continues to push forward on its first-of-its-kind staked TRX ETF, also filing an amendment on Friday.

Harvard dumps ether ETF as Abu Dhabi sovereign fund keeps adding to bitcoin positions

Abu Dhabi-based Mubadala added over $90 million to its already sizeable position in BlackRock’s iShares Bitcoin Trust ETF.

Crypto market structure bill still faces significant hurdles despite Senate committee win: analysts

TD Cowen raised the probability of the bill passing to 40% from 33% while Benchmark said the Clarity Act will need more Democratic support.

It's a 'new era' for crypto users who 'trade anything and everything' as Jito goes consumer, CEO Bruder says

Jito founder Lucas Bruder told The Block that there's a new class of users coming onchain who "want to trade anything and everything."

Hyperliquid Policy Center argues onchain perps offer efficiency, transparency as ICE and CME reportedly press for CFTC oversight

Bloomberg reported that ICE and CME are pressing for Hyperliquid to register with the CFTC, raising concerns about market stability.

OpenSea CMO sees tokenized Pokémon cards, Rolexes and tickets driving next NFT wave

OpenSea's Adam Hollander sees advancements in AI making it easier for people to make innovative tokenized assets.

Poland passes MiCA crypto bill as $96 million Zondacrypto probe deepens: report

Polish lawmakers adopted MiCA as prosecutors probe $96 million in losses from collapsed exchange Zondacrypto.

21Shares' Hyperliquid ETF posts 'best day' inflows of $5 million as Coinbase becomes treasury deployer

The newly-launched ETF “had its best day yet" on Thursday with $8.1 million trading volume and net inflows of roughly $4.9 million.

Strategy to retire $1.5 billion in convertible notes at a discount, may sell bitcoin to fund buyback

Strategy is buying back $1.5 billion of its 2029 convertible notes for $1.38 billion, potentially selling bitcoin to fund the deal.

Dogecoin has 'crazy things on the horizon' as ecosystem grows beyond Elon Musk, says DogeOS founder

Dogecoin is evolving beyond its dependence on the at-times controversial billionaire, says DogeOS founder and CEO Jordan Jefferson.

Myanmar bill proposes death penalty for scam coercion, life imprisonment for crypto fraud: report

A Myanmar bill proposes the death penalty for scam coercion and life imprisonment for crypto-related offenses.

IREN closes $3 billion convertible notes offering as Bitcoin miner's AI infrastructure push accelerates

IREN closed $3 billion in convertible notes at a 1% coupon due 2033 to fund AI cloud expansion following its Nvidia and Microsoft deals.

THORChain pauses trading as security researchers flag suspected $10M multi-chain exploit

THORChain halted trading after security researchers flagged a suspected exploit spanning Bitcoin, Ethereum, BNB Smart Chain and Base.

Victims of Iran attacks seek court order for turnover of $344 million in USDT frozen by Tether

U.S. terrorism judgment creditors seek a court order forcing Tether to turn over $344 million in frozen IRGC-linked USDT.

Forward Industries posts over 300% revenue growth but wider quarterly net loss amid SOL markdowns

The Solana treasury firm generated $13 million in revenue for the quarter ended March 31, up 319% year over year.

OKX set to acquire 20% stake in South Korean crypto exchange Coinone: report

If approved, OKX would become the second global exchange to own a majority stake in a South Korean crypto platform, following Binance.

Bit Digital reports 14% revenue drop in Q1, driven by lower ETH staking rewards

Bit Digital generated $27.9 million in total revenue in the first quarter of this year, down 13.6% from Q4 2025.

B2C2 secures MiCA license in Luxembourg to offer OTC trading services across EU

The license allows B2C2 to extend OTC spot trading services across all EU member states and three EEA countries.

Hana Bank acquires $670 million stake in Upbit parent Dunamu

The acquisition of 2.28 million shares will give Hana Bank a 6.55% stake in Dunamu, making it the fourth-largest shareholder.