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Crypto market update: PI outshines major altcoins as crypto market nears $2.7T
Pi Network’s PI (PI) token recovered over the weekend as several altcoins moved higher. PI rose more than 5% in 24 hours and traded above $0.18.
Summary
PI token gained over 5% in 24 hours, trading above $0.18 during weekend recovery move.
Bitcoin briefly touched $78,200 before settling
PI7,36%
BTC1,03%
STABLE-0,26%
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Crypto downturn hits household budgets, survey finds
More than one in three US crypto traders have cut everyday spending due to current market conditions, according to a new CEX.IO survey
Summary
CEX.IO found 36% of US crypto traders reduced daily spending due to current market conditions.
About 37% delayed or cancelled purchases, including
BTC1,03%
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Brad Garlinghouse wins top Harvard business leadership award
Ripple CEO Brad Garlinghouse has been named the 2026 Business Leader of the Year by the Harvard Business School Association of Northern California
Summary
Brad Garlinghouse received Harvard’s 2026 Business Leader of the Year award in San Francisco this week.
Harvard praised Garlinghouse for
XRP0,49%
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Strategy’s Bitcoin plan under fire as Peter Schiff warns crash
Peter Schiff has warned that Strategy, formerly known as MicroStrategy, could face pressure from its latest funding approach
Summary
Peter Schiff warned that Strategy’s preferred shares could increase pressure on its Bitcoin treasury plan.
Schiff said the 11.5% yield may force Strategy to
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Crypto scam launderer gets 70 months as DOJ cracks down
Evan Tangeman, a 22-year-old California resident, has been sentenced to 70 months in prison for his role in a crypto theft group
Summary
Evan Tangeman received 70 months in prison for helping launder stolen crypto funds for criminals.
The group stole about $263 million through social
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Chainlink Tokenizes $11B Arizona Copper-Gold Mine
BridgeTower Capital has officially deployed Chainlink’s full infrastructure stack to tokenize securities tied to the DOM X Arizona Copper-Gold Project, an $11 billion US natural resource initiative, in what the companies describe as live production infrastructure rather than a pilot.
Summary
Brid
LINK1,51%
CRE-3,24%
IRON-0,68%
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DoorDash Pays Drivers in Stablecoins via Tempo
DoorDash has begun building stablecoin payment infrastructure on Tempo, the Layer-1 blockchain incubated by Stripe and Paradigm, to pay delivery workers and merchants across more than 40 countries at near-instant settlement speeds and fixed US dollar fees, in one of the largest real-world stablecoin
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Ripple Plans Quantum-Resistant XRP Ledger by 2028
Ripple released a detailed four-phase roadmap on April 20 to protect the XRP Ledger from future quantum computing attacks, with Phase 2 testing already underway, targeting full post-quantum cryptography implementation no later than 2028, as SoFi separately enabled XRP deposits for retail users the s
XRP0,49%
ETH2,21%
BTC1,03%
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UAE sets two-year roadmap to integrate AI into 50% of government operations
The UAE has announced an ambitious two-year roadmap to integrate agentic artificial intelligence into 50% of its government operations
Summary
The UAE has set a two-year timeline to integrate agentic AI across 50% of government services, aiming to lead globally in large-scale AI-driven
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Riot extends Bitcoin selling spree with fresh 500 BTC move
Riot Platforms has sent another 500 BTC to an NYDIG deposit address, according to on-chain data cited by Lookonchain. The transfer was worth about $39 million at the time of reporting.
Summary
Riot Platforms transferred 500 BTC worth about $39 million to an NYDIG deposit address.
The miner
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Ethereum price consolidates at $2,300 as ETFs break 10-day inflow run
Ethereum price fell for the second straight day on Friday as institutional investors took a step back from the asset as they weighed rising geopolitical risks.
Summary
Ethereum price fell for a second straight day, dropping 4% from recent highs as spot ETF flows turned negative after a 10-day
ETH2,21%
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Fold brings Bitcoin to employee paychecks with enterprise bonus platform launch
Fold Holdings has rolled out a Bitcoin-based bonus program for employees, expanding its push to bring BTC into everyday workplace compensation.
Summary
Fold has introduced a Bitcoin bonus program that lets companies distribute recurring BTC rewards without handling custody or compliance.
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China-linked AI firms face US scrutiny over model theft
The President Trump administration has announced plans to fight what it called “industrial-scale campaigns” aimed at copying artificial intelligence technology from American companies
Summary
The White House said foreign entities used proxy accounts to target major American AI companies.
US
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WLFI co-founder Zach Witkoff under spotlight after 2022 drug arrest video surfaces
World Liberty Financial co-founder Zach Witkoff has come under renewed scrutiny after body camera footage from a 2022 drug-related arrest resurfaced.
Summary
Body camera footage from Zach Witkoff’s 2022 arrest has resurfaced as World Liberty Financial faces a lawsuit from Justin
WLFI0,26%
TRUMP2,69%
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Sam Bankman-Fried drops new trial bid, seeks new judge
Former FTX CEO Sam Bankman-Fried has withdrawn his Rule 33 motion that sought a new trial in his criminal case
Summary
Bankman-Fried withdrew his Rule 33 motion but kept his appeal and reassignment request in court.
He told Judge Kaplan he wrote the letter himself after consulting his parents a
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Charles Hoskinson questions Bitcoin’s post-quantum security approach
Bitcoin’s move toward post-quantum security has drawn criticism from Cardano founder Charles Hoskinson, who questioned the design choice behind the proposed protection model
Summary
Hoskinson said Bitcoin chose SPHINCS+, a quantum-resistant signature scheme with limited flexibility and larger
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ADA1%
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Mozilla uses Anthropic AI to uncover 271 Firefox vulnerabilities in internal test
Firefox developer Mozilla revealed that an early version of Anthropic’s Claude Mythos AI identified 271 vulnerabilities in the Firefox browser during internal testing, all of which were patched this week.
Summary
Mozilla said Anthropic’s Claude Mythos AI identified 271 vulnerabilities in Firefox
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