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Meta Rolls Out USDC Stablecoin Payouts to Creators on Solana and Polygon

Meta Rolls Out USDC Stablecoin Payouts to Creators on Solana and Polygon

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Adoption milestone: Meta starts rolling out USDC payouts to a limited group of creators in Colombia and the Philippines, allowing direct wallet deposits on Solana or Polygon. Technical setup: Creators link compatible crypto wallets through Meta’s platform; Stripe handles stablecoin transfers and generates tax documentation for earnings and transactions. Partnership details: Stripe’s Link feature powers the payouts, with initial...

Crypto adoption, Cryptocurrencies, Front page, News, Stablecoins

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Canada Proposes Nationwide Ban on Crypto ATMs

Canada Proposes Nationwide Ban on Crypto ATMs Citing Primary Role in Fraud and Money Laundering

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Regulatory proposal: The federal government outlined plans to prohibit all crypto ATMs across Canada in the Spring Economic Update released April 28, 2026. Official rationale: Machines described as a “primary method for scammers to defraud victims and for criminals to place their cash proceeds of crime.” Market position: Canada maintains the world’s highest concentration of crypto ATMs per capita, with reports citing nearly 4,000...

Cryptocurrencies, Front page, News, Regulation

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DeFi United Raises Over 0 Million to Restore rsETH After Kelp DAO’s 2 Million Exploit

DeFi United Raises Over $300 Million to Restore rsETH After Kelp DAO’s $292 Million Exploit

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Relief milestone: DeFi United surpasses $300 million in ETH pledges (approximately 132,650 ETH) to cover losses tied to the April 18 exploit. Exploit details: Attacker forged a LayerZero message to mint roughly 116,500 unbacked rsETH tokens, with about 107,000 flowing into Aave lending positions and creating $123–230 million in bad debt. Key participants: Major contributors include Consensys, Joseph Lubin (30,000 ETH), Circle...

Cryptocurrencies, DeFi, Front page, News

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Bitcoin Hits ,000 as SEC Chair Paul Atkins Makes Historic Appearance at Bitcoin 2026 Conference

Bitcoin Hits $79,000 as SEC Chair Paul Atkins Makes Historic Appearance at Bitcoin 2026 Conference

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Price milestone: Bitcoin touched $79,000 on April 27, marking its highest level since early February and extending a four-week rally. Conference kickoff: The three-day Bitcoin 2026 event at the Venetian Resort in Las Vegas opened with over 40,000 expected attendees and more than 100 hours of programming. Historic regulatory moment: SEC Chair Paul Atkins participated in a fireside chat, the first time a sitting U.S. securities...

Bitcoin, Cryptocurrencies, ETF, Front page, News

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Morgan Stanley Launches Stablecoin Reserves Portfolio in Bid to Capture Issuer Demand

Morgan Stanley Launches Stablecoin Reserves Portfolio in Bid to Capture Issuer Demand

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Product launch: Morgan Stanley Investment Management introduced the Stablecoin Reserves Portfolio (ticker MSNXX), a new government money market fund within the Morgan Stanley Institutional Liquidity Funds trust. Target audience: Designed primarily for payment stablecoin issuers seeking a regulated vehicle to invest the reserves that back their outstanding tokens. Regulatory alignment: Structured to meet reserve investment...

Crypto adoption, Cryptocurrencies, Front page, News, Stablecoins

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