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Crypto chases hype while missing foundational fortune

Opinion by: Kony, co-founder and CEO of GAIB
During the gold rush, it wasn’t the fortune-seekers getting rich. While it was assumed that you could take your picks and shovels and become wealthy overnight, it was grueling work with no guaranteed returns. Those who benefited were the infrastructure p
HYPE0.97%
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Centrifuge tops $1B TVL as institutions drive tokenized RWA boom: CEO

Blockchain infrastructure platform Centrifuge has crossed $1 billion in total value locked (TVL), joining the ranks of BlackRock’s BUIDL fund and Ondo Finance as the only real-world asset (RWA) platforms to surpass the milestone.
Centrifuge CEO Bhaji Illuminati attributed the milestone to
CFG-1.26%
RWA22.17%
BOOM6.64%
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US Treasury weighs digital ID verification in DeFi to tackle illicit finance

The US Department of the Treasury is seeking public feedback on how digital identity tools and other emerging technologies could be used to fight illicit finance in crypto markets, with one option being embedding identity checks into decentralized finance (DeFi) smart contracts.
The consultation, p
IN14.73%
DEFI0.17%
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Basel Bank capital rules create 'chokepoint' for crypto — Investment exec

Capital requirements for banks from by the Basel Committee on Banking Supervision (BCBS), which crafts banking standards, create a “chokepoint,” designed to throttle the growth of the crypto industry, according to Chris Perkins, president of investment firm CoinFund.
The current capital rules
IN14.73%
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Crypto to become UAE’s second-biggest sector in 5 years — Institutional investor

The crypto sector in the United Arab Emirates (UAE) is on track to become its second-largest industry in the next five years, due to the country’s regulatory policies and attractive business environment, according to Chase Ergen, a board member of publicly traded digital asset investment firm DeFi T
IN14.73%
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Digital Currency Group sues subsidiaries over $1.1B promissory note

Venture capital firm Digital Currency Group (DCG), the parent company of many entities tied to cryptocurrency and blockchain, has filed a complaint against two of its subsidiaries over a promissory note to guard against the 2022 default of Three Arrows Capital (3AC).
In a Thursday filing in the
IN14.73%
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How Bitcoin could hit $400K by year-end, according to Udi Wertheimer

In an exclusive interview with Cointelegraph, crypto commentator Udi Wertheimer lays out a provocative thesis: Over the last five years, institutions have been quietly buying out old Bitcoin (BTC) holders — and it’s reshaping the market in a way few have appreciated.
“For the last five years,
BTC0.48%
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Hive Digital reports record Q1 revenue, driven by Bitcoin and HPC

Hive Digital, a Bitcoin miner turned data center infrastructure provider, reported record revenue and earnings in its fiscal first quarter, driven by strong growth in high-performance computing (HPC) hosting services alongside its core mining business.
In its fiscal Q1 2026, Hive generated $45.6 mi
HIVE0.5%
BTC0.48%
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Taiwan’s first Bitcoin treasury Top Win raises $10M for BTC purchases

Taiwan’s first publicly traded corporate Bitcoin treasury, Top Win International, raised $10 million to kickstart its BTC accumulation efforts.
The luxury watchmaker-turned-Bitcoin treasury announced Friday it raised $10 million from a group of investors led by zipper producer and software
BTC0.48%
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Crypto ATM limits and bans sweep across US: Here’s why

Crypto kiosks or automatic teller machines (ATMs) are facing increasing pushback from US regulators amid concerns about fraud and crime.
Once seen as a bellwether of crypto adoption, crypto ATMs, which allow users to buy or convert crypto anonymously, are increasingly under lawmakers’ microscope. C
ATM0.17%
WHY15.65%
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Galaxy secures $1.4B loan to fast-track Texas Helios AI datacenter

Mike Novogratz’s Galaxy Digital closed a $1.4 billion secured term loan facility to accelerate the development of its Helios artificial intelligence datacenter campus in Texas
On Friday, the company announced that the loan will cover about 80% of the construction costs for the first phase of the p
FAST-2.65%
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