Onyx 🦣♦️@web3onyx
coffee news with onyx EP 95 ======================================= =======================================
HOT
>>Jerome Powell concludes his eight-year tenure as Federal Reserve Chair, succeeded by Kevin Warsh amidst a complex economic legacy
>>Binance will list MegaETH ( $MEGA) and open trading for the following spot trading pairs at 11:00 (UTC)
>>Stablecoin fintech KAST appoints former SEC advisor to lead policy communications
>>Hyperliquid challenges Polymarket with 0-fee prediction markets (lmao going bar to bar with each other)
>>Paul Tudor Jones says 21 million cap makes Bitcoin best inflation hedge
>>A wallet linked to the KyberSwap exploiter moved 2,900 ETH, worth $6.8 million, to the sanctioned crypto mixer Tornado Cash
>>Syndicate’s Commons bridge on the Base chain was compromised, leading to a loss of 18.5 million SYND tokens valued at approximately $330,000
>>Aftermath Finance loses $1.14 million in Sui DeFi exploit
>>The Ethereum Foundation is funding its Q1 2026 grants for core protocol development, including ZK-rollups and validator security, through strategic sales of its treasury holdings
>>Nomura-backed RWA protocol KAIO will launch its governance token with a fixed supply of 10 billion to expand its on-chain presence
>>Ark Invest buys $39 million worth of Robinhood shares, offloads $6 million of its own spot bitcoin ETF
>>On-chain private credit hits $4.5 billion amid TradFi stress, a nine-fold increase in the last year driven by institutional asset managers
>>Celsius founder Alex Mashinsky reaches $10 million FTC settlement with lifetime crypto industry ban
geopolitical and other news
>>JPMorgan downgraded its rating on Meta from Overweight to Neutral and lowered the price target from $825 to $725
>>Payments giant Stripe announced at its annual conference that it is integrating stablecoin payments, part of a massive 288-product rollout aimed at building economic infrastructure for AI and the broader digital economy
>>Global rice supply is expected to decrease in 2026 as farmers in Asia reduce planting acreage due to fertilizer shortages, increased fuel costs from the Iran war
>>Amazon reported Q1 net sales of $181.52 billion, beating the consensus estimate of $177.23 billion, and provided a strong Q2 net sales forecast of $194 billion to $199 billion
ONYX OUT
