DOJ, CFTC Probe $2.6B Oil Trades Before Trump and Iran Statements: Report
Key Takeaways Federal investigators are examining oil futures trades totaling more than $2.6 billion. Large bets preceded Iran-related updates that appeared to move global oil prices. Authorities are reviewing whether nonpublic information influenced the timing and scale. DOJ and CFTC…
Core Scientific Buys Polaris Bitcoin Mine for $421M Oklahoma AI Power Expansion
This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets nexus. The company said Tuesday it plans to scale its…
Hut 8 Surges 30% After Landing Second AI Data Center Lease Worth $9.8 Billion – Bitcoin News
This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets nexus. The Miami-based company said it signed a $9.8 billion…
CCP Games Rebrands, Partners with Google DeepMind in $120M Buyout of EVE Online Developer
CCP Games, the developer of the spaceship MMORPG EVE Online and web3 game Eve Frontier, has transitioned into an independent entity and rebranded as Fenris Creations following a $120 million USD buyout from former parent company Pearl Abyss. The transaction,…
Toncoin Jumps 32% in 24 Hours as Pavel Durov Pushes Telegram Deeper Into TON
Key Takeaways Pavel Durov announced Telegram will replace the TON Foundation as the network’s largest validator. Toncoin (TON) surged 32% to $2.89 by May 7, 2026, as market caps hit $7.6 billion and flipped LINK. Integration with hundreds of millions…
Brickken Partners with ADI Foundation for MENA Asset Tokenization
Tokenization infrastructure provider Brickken and the ADI Foundation announced a partnership on April 29 to deploy institutional-grade infrastructure for real-world asset (RWA) tokenization on the ADI Chain. The collaboration aims to provide governments and financial institutions in the Middle East…
Ondo Finance Clears First XRP Ledger Treasury Redemption Into Singapore Bank
Key Takeaways Ondo, Ripple, and Mastercard piloted a cross-border Treasury redemption on the XRP Ledger on May 6. The test proves 24/7 real-time settlement for tokenized assets, solving a major friction point for banks. Next, Ondo joins a DTCC working…
NUVA Digital Raises $5.2M in Seed Funding Led by Morgan Creek Digital
NUVA Digital, the software development firm behind the real-world asset (RWA) platform NUVA, announced on April 28 it has secured US$5.2 million in a seed funding round led by Morgan Creek Digital. The company, co-created by Animoca Brands and Nuva…
Kraken Launches US Spot Margin Trading With up to 10x Leverage
Key Takeaways Kraken introduced U.S.-regulated spot margin trading for eligible U.S. clients on Kraken Pro. Traders can use approved crypto assets with up to 10x leverage and collateral controls. Additional products may follow as Payward expands regulated trading across related…
Evernorth Adding Ripple Legal Chief to Board Ahead of XRP Treasury Push
Key Takeaways Evernorth named new board members and executives ahead of its planned public listing. Ripple’s legal chief, Stuart Alderoty, is expected to join the board after closing. Company leaders plan to offer regulated XRP exposure through an active treasury…
