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Rec Room shuts down after decade and 150 million players – Hypergrid Business

Rec Room shuts down after decade and 150 million players – Hypergrid Business


(Image courtesy Rec Room.)

Rec Room, a Seattle-based social virtual world that raised $294 million and briefly reached a $3.5 billion valuation, will shut down on June 1, 2026, the company announced yesterday. Snap Inc. confirmed the same day that it has acquired select assets from the company.

“Despite this popularity, we never quite figured out how to make Rec Room a sustainably profitable business,” the company said in the announcement. “Our costs always ended up overwhelming the revenue we brought in.”

For the broader metaverse industry, the closure is another stark reminder that user growth without a working revenue model is not a business.

Snap picks up the pieces

Snap confirmed that it acquired select assets from Rec Room, and that some Rec Room employees will be joining Specs Inc., the Snap hardware subsidiary working on its Spectacles augmented reality glasses, according to GeekWire. Snap said it was drawn to the Rec Room team’s expertise in building social, multiplayer XR experiences.

Neither company indicated that Rec Room would be revived at Snap in its current form, GeekWire reported. Nick Fajt, Rec Room’s co-founder and CEO, said he was “very proud of the team,” thankful to the community, and excited about what’s next.

From $3.5 billion to zero

Rec Room raised $145 million in its December 2021 Series F round, bringing its total valuation to $3.5 billion, the company announced at the time. The round was led by Coatue Management, with Sequoia Capital, Index Ventures, and Madrona Venture Group also participating. Total funding across all rounds reached $294 million, according to research firm Sacra.

The company cut staff twice before calling it quits. In March 2025, Fajt announced a 16 percent reduction in headcount, saying the company had to cover its own costs without relying on additional investment, according to a Rec Room blog post.

Then in August 2025, the company laid off half of its staff.

After the August layoffs, Fajt published an unusually candid breakdown of the company’s finances.

UGC revenue was growing 70 percent year over year, Fajt said at the time, but the economics were punishing: when a player bought a UGC item, Rec Room kept only about 30 cents on the dollar after paying platform fees and creator cuts, compared to 70 cents on items the company made itself, according to that post. He said the company had runway projected into 2029.

It didn’t make it.

What’s shutting down — and when

Effective immediately, Rec Room has stopped allowing new account creation, new friend additions, and new sign-ups for its Rec Room+ subscription service. After May 1, players will no longer be able to purchase tokens. After May 18, creators will no longer be able to earn new tokens. A final creator payout will be processed on June 1, according to the announcement.

On June 1, players will no longer be able to log in, the rec.net website will go offline, and online services related to Rec Room Studio will cease, the company said. As a farewell gesture, the company discounted first-party content by 80 percent and unlocked many Rec Room+ subscription features for all users at no charge.

Saving your creations

Creators cannot download working copies of their rooms, but can export room and invention data in formats compatible with other tools, such as Unity, allowing them to potentially rebuild their work on other platforms, the company said. That export feature is available only through the Steam PC build and was in final internal testing as of the announcement, with availability expected within about a week.

Players can download their photos and a “final report card” avatar memento.

A broader pattern

The Rec Room closure comes as Meta retreated from its own virtual social platform. As of June 15, Quest headset users will lose access to Horizon Worlds entirely and the ability to create or publish VR content will end, leaving only the mobile version of the app active. You can read more about it in our previous story here.

Rec Room had been making progress on its creator economy before the end. In September 2025, the company announced that creators had earned more than $1 million in a single quarter for the first time — a milestone that had taken the entire year of 2021 to reach when the program first launched.

My take-away from all this? That creators should be wary of putting their eggs into one basket, especially one with a closed, proprietary ecosystem. There’s a reason we have the World Wide Web instead of America Online.

It will be nice to see an open alternative for the metaverse. Maybe, once AI coding gets a bit better, we can upgrade OpenSim for the new era?

Maria Korolov
Hypergrid Business editor and publisher Maria Korolov is a science fiction novelist. During the day, Maria Korolov is an award-winning freelance technology journalist who covers artificial intelligence, cybersecurity and enterprise virtual reality. See her Amazon author page here and follow her on Twitter, Facebook, or LinkedIn, and check out her latest videos on the Maria Korolov YouTube channel. Email her at [email protected]. Her first virtual world novella, Krim Times, made the Amazon best-seller list in its category. Her second novella, The Lost King of Krim, is out now. She is also the publisher of MetaStellar, a new online magazine of speculative fiction.
Maria Korolov
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Playnance Brings 2.5M Sports & Esports Events On-Chain With $GCOIN | NFT News Today

Playnance Brings 2.5M Sports & Esports Events On-Chain With $GCOIN | NFT News Today


Playnance is expanding into sports and esports, bringing millions of live events on-chain through an integration with SOFTSWISS. The move connects real-world entertainment with blockchain through its $GCOIN-powered ecosystem.

Key Takeaways

Access to 2.5 million live sports and esports events annually

Integration with SOFTSWISS expands global coverage

Launch begins on PlayW3 next week with gasless participation

New sports staking program rewards $GCOIN holders

Targets a $150B+ global betting market

A Major Push Into Sports and Esports

Playnance has partnered with SOFTSWISS to bring sports and esports on-chain. The integration provides access to over 2.5 million events annually.

Coverage includes major leagues like the NBA, Premier League, and LaLiga, alongside global esports tournaments and regional competitions.

The rollout starts on PlayW3 next week and will expand across the broader ecosystem. Users will be able to engage with thousands of live events daily through real-time participation.

CEO Pini Peter said the company is working toward bringing “the entire world of entertainment on-chain,” positioning sports and esports as a key step in that strategy.

Real-Time, Gasless On-Chain Experience

The platform allows users to predict outcomes and interact with live events as they happen. All activity is processed on-chain in real time.

Transactions are gasless, reducing friction for users unfamiliar with blockchain systems. At the same time, the infrastructure remains decentralized and non-custodial, allowing users to retain control over their assets.

Playnance builds on-chain products aimed at onboarding mainstream Web2 users, supported by infrastructure capable of processing around 2 million transactions daily.

Peter added that real-time participation and ownership through $GCOIN are central to the platform’s approach. From the infrastructure side, Aleksandr Kamenetskyi said the integration “represents a new standard,” highlighting improvements in transparency and performance.

$GCOIN Staking Expands Utility

Playnance is also introducing a sports-focused staking model tied to this expansion.

Users can lock $GCOIN into the ecosystem and earn rewards based on their activity. This builds on the platform’s existing staking mechanics across other products.

Early demand appears strong, with over 1.4 billion $GCOIN already staked. The model is designed to increase engagement while reinforcing token utility across the platform.

Targeting a $150B Market

Playnance is entering a global sports and esports betting market valued at over $150 billion.

The strategy centers on bringing familiar, real-time experiences on-chain in a more accessible format. Sports and esports offer a large, engaged audience that could serve as an entry point for Web3 adoption.

The platform already processes over 2 million on-chain transactions daily and supports more than 10,000 games alongside AI-powered prediction markets. Adding sports significantly expands its content offering.

This expansion marks a new phase for Playnance as it focuses on broader adoption.

By combining live sports data, staking, and blockchain infrastructure, the platform is building a unified entertainment ecosystem. The company describes this as an early step in a larger plan to bring more real-world content on-chain.



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Inside Hack Seasons Conference Cannes: What To Expect From The Most Institutional Crypto Agenda Of 2026?

Inside Hack Seasons Conference Cannes: What To Expect From The Most Institutional Crypto Agenda Of 2026?


In Brief

Hack Seasons Conference lands in Cannes on April 1st — a landmark day of high-level dialogue on institutional crypto, RWA tokenization, stablecoins, and digital finance, featuring senior voices from S&P Global, Circle, Coinbase, Franklin Templeton, and more.

The Agenda Is Set: Hack Seasons Cannes Puts Institutional Crypto's Key Questions On The Table

The Hack Seasons Conference, taking place in Cannes on April 1st, is set to bring together the most influential voices in cryptocurrency, institutional finance, and digital infrastructure for a landmark day of high-level dialogue.

The event will convene institutional leaders, digital asset executives, builders, and policymakers from across the globe for a full program of panel discussions, fireside chats, and keynote addresses. Among the distinguished participants are some of the most consequential organizations shaping the future of finance – senior figures from S&P Global, Circle, Coinbase, EY, the Ethereum Foundation, Offchain Labs, 21Shares, Grayscale Investments, Franklin Templeton, Baillie Gifford, and many more.

Conversations will span the defining themes of the moment: capital allocation strategies, the evolution of trading venues and liquidity infrastructure, the institutional adoption of digital assets, real-world asset tokenization, stablecoins as financial rails, and the emerging PayFi landscape.

A closer look at the agenda offers a clear preview of the depth and breadth of what participants can expect throughout the day.

Where Smart Capital Is Moving in Web3: Infrastructure, AI, and Real-World Assets

This panel will examine the shifting flows of institutional and venture capital across Web3’s most compelling sectors, with a focus on infrastructure development, AI integration, and the tokenization of RWAs. The discussion is set to feature Harry Grant, DeFi Manager at Re7; Rafael Mastroberardino, Digital Assets Partnership Development & Strategy at Franklin Templeton; Lionel Pek, Director at The Spartan Group; Mykolas Majauskas, Global Head of Policy at Bybit; and Arthur Katz, CIO at OneAsset. Together, they will explore where sophisticated capital allocators are directing resources and why selectivity has become the defining feature of the current investment cycle.

Testnet Lies: Why Everything Changes on Mainnet

Promises made in testing environments have a habit of colliding with reality on mainnet — and this session will take that tension head on. Moderated by Seung Hyun Lee, Founder of CoinEasy, the panel will feature Matthew Felice Pace, CEO of Spectrum; Clarisse Hagege, Founder of Dfns; Sebastian Borget, Co-Founder and Ambassador of The Sandbox; Gwen Martin, DevRel Lead at BNB Chain; and Leo Fan, Founder and CEO of Cysic. Together, they will dissect the technical, economic, and governance surprises that separate projects that thrive under live conditions from those that quietly unravel once real stakes are introduced.

The Future of Trading Venues: Hybrid Markets, Liquidity Fragmentation, and Institutional Flow

As institutional players demand more from the venues they trade on, the architecture of crypto markets is being forced to evolve. Nenter Chow, Global CEO of Bitmart; Côme Prost-Boucle, Listings International Expansion Lead at Coinbase; Charles Guillemet, CTO of Ledger; Fernando Lillo, Marketing Director at Zoomex; Tika Lum, Head of Global Business Development at KuCoin; and Dorian Vincileoni, Head of Regional Growth at Kraken will take the stage to address how hybrid market structures are emerging in response to fragmented liquidity and rising institutional expectations. Execution quality, venue design, and the infrastructure required to serve the most demanding market participants will all be on the table.

Institutional Adoption of Digital Assets: From ETFs to Tokenized Markets

The journey from spot ETF approvals to fully tokenized capital markets represents one of the most significant structural shifts in modern finance — and this panel will chart that trajectory in detail. Moderated by Maryna Barysheva, CEO of LKI Consulting, the session will feature Ophelia Snyder, Co-Founder of 21Shares; Paul Brody, Author of Ethereum for Business; Zach Pandl, Head of Research at Grayscale Investments; and Marina Markezic, Executive Director and Co-Founder of EUCI. Panelists will assess the regulatory milestones, product innovations, and custody standards that are steadily drawing traditional finance into deeper engagement with the digital asset ecosystem.

Tokenizing the Real World: From Infrastructure to Global Capital Markets

Tokenization has moved well beyond proof-of-concept — but the distance between early pilots and globally accessible capital markets remains substantial. Moderated by Alena Shmalko, Web3 and RWA Advisor and former Director of Ecosystem at TON, this discussion will bring together Theo Golden, Investment Manager and Tokenisation Lead at Baillie Gifford; Anya Nova, Director EMEA at GK8 by Galaxy; Matthew Dawson, Enterprise Lead at the Ethereum Foundation; Pauline Shangett, CSO at ChangeNOW; and Liam Karwan, Head of Tokenization Business at Chainlink Labs. The session will get into the infrastructure layers, legal frameworks, and liquidity mechanisms that will determine whether tokenized assets can genuinely reach institutional scale.

Stablecoins as the New Financial Rail: Payments, Settlement, and Global Liquidity Layer

Once regarded as a niche instrument, stablecoins are increasingly being positioned as the connective tissue of global financial infrastructure. This panel will convene Aleksandra Fetisova, Head of BD at 1inch; Patrick Hansen, Senior Director of EU Strategy and Policy at Circle; Konstantins Vasilenko, Co-Founder and CBDO of Paybis; David Durouchoux, Deputy CEO of SG-Forge; and Martin Bruncko, Founder and CEO of Schuman Financial — to take stock of how far stablecoins have come and how much further they need to go. Regulatory developments, adoption barriers, and the precise conditions under which stablecoins can function as a credible settlement layer will all be up for examination.

Institutional Risk, Data, and Ratings in the Age of Digital Assets

For institutional capital to flow freely into digital assets, the risk and ratings infrastructure that traditional finance depends on must be rebuilt for a new asset class. Moderated by Francesco Andreoli, Director of DevRel at MetaMask, this session will feature Andrew O’Neill, Managing Director and Digital Assets Analytical Lead at S&P Global Ratings; Darius Moukhtarzade, Venture and Research at 21Shares; Ashna Vaghela, CCO at Mercuryo; and Melvis Langyintuo, Executive Director at Canton Foundation. From ratings methodologies to data standards and compliance frameworks, the conversation will tackle what it actually takes to assess risk credibly in digital markets.

Infrastructure Is Ready — Why Web3 Still Struggles to Reach Mass Adoption

The technology is there. The users, largely, are not. This panel will take a hard look at why Web3 continues to fall short of mainstream penetration despite years of infrastructure investment and protocol maturation. Moderated by Keith Hutchison, Business Development Director at Addressable, the session will feature Axel Mitbauer, Western Europe Lead at Base; Andrej Bencic, Co-Founder and CEO of Tenderly; Steve McPherson, Business Development at Sonic Labs; Shady El Damaty, CEO and Co-Founder of human.tech; and Ed Felten, Co-Founder of Offchain Labs. Onboarding friction, user experience failures, and the product design principles that could finally close the gap between technical readiness and real-world adoption will all be addressed.

The Post-Banking Economy: What Happens When Money, Credit, and Assets Move Onchain?

This closing panel confronts the deeper structural implications of a financial system in which core functions — money issuance, credit provision, and asset ownership — migrate to public blockchains. Moderated by Craig Dyer, Head of Capital Markets at Hecto, the discussion features Arthur Breitman, Co-Founder of Tezos; Eunice Giarta, Co-Founder of Monad; Martin Quensel, Co-Founder of Centrifuge; David Vatchev, Head of Tokenisation at Fasanara Capital; and Jason Lau, CIO of OKX. The panel will explore the systemic risks, regulatory responses, and emergent opportunities that arise when traditional intermediaries are progressively displaced by programmable financial infrastructure.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author


Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

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Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.








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Keyrock Raises $1.1B in Series C Led by SC Ventures and Ripple

Keyrock Raises .1B in Series C Led by SC Ventures and Ripple


Key Highlights

Keyrock secures $1.1B Series C led by SC Ventures, with Ripple joining the funding round.

The funding boosts Keyrock expansion plans, acquisitions, and regulated crypto services across Europe.

Keyrock, a Brussels-based digital asset investment firm, raised $1.1 billion in Series C funding to support its growth. SC Ventures, Standard Chartered’s investment arm, led the round, along with support from Ripple. The company said the money will help expand its services, pursue acquisitions, and strengthen its finances. 

“Our latest funding round is a signal of intent for the future,” said Kevin de Patoul, Keyrock’s CEO. He said the company plans to expand its services, grow its client base, and reach new global markets in 2026. 

Alex Manson, CEO of SC Ventures, said, “Our investment in Keyrock reflects our conviction that sophisticated liquidity infrastructure is foundational to the evolution of digital asset markets.” He added that full-service providers like Keyrock will play a key role as tokenized assets grow. 

Founded in 2017, Keyrock offers market making, asset management, over-the-counter trading, and options, connecting traditional financial institutions with the crypto market. Last year, Keyrock launched its Asset & Wealth Management division to serve both institutional clients and private investors. The move allows the firm to manage the full range of digital assets, from short-term liquidity to long-term investment strategies.

Strategic expansion and regulatory moves

Keyrock’s fundraise follows a conscious pivot toward regulated asset management. In September 2025, Keyrock acquired Luxembourg-based investment fund manager Turing Capital. This acquisition enabled the firm to establish its Asset and Wealth Management division, which operates in competition with both traditional asset managers and those in crypto.

Keyrock said in the release that it filed a regulatory application under the EU’s MiCA regime through Liechtenstein’s financial regulator, seeking to provide portfolio management and advisory services in Europe, to win the trust of institutional investors.

The latest $1.1 billion funding gives the firm a stronger position to tap new opportunities in the digital economy while reinforcing its market presence.

Also Read: KuCoin Pays $500K to CFTC, Exits U.S. Amid Enforcement Action


Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.







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The Real-Life T-1000: How Liquid Metal Robots Are Changing the Future | Metaverse Planet

The Real-Life T-1000: How Liquid Metal Robots Are Changing the Future | Metaverse Planet


I clearly remember the first time I watched Terminator 2: Judgment Day. Seeing the T-1000 villain melt into a puddle of liquid silver, slip through prison bars, and seamlessly reconstruct itself felt like the absolute peak of sci-fi imagination. I thought to myself, “Well, thankfully, that’s entirely impossible.”

Fast forward to today, and my jaw genuinely dropped when I came across recent footage from an international team of engineers. They’ve essentially built a miniature, real-life version of that exact shape-shifting technology. I watched a tiny, Lego-shaped action figure melt into a liquid state, ooze its way through the narrow gaps of a miniature cage, and then solidify right back into its original form on the other side.

Sci-fi just became reality, and I am both incredibly fascinated and just a tiny bit terrified. But before you start looking for John Connor, let’s dive deep into how this actually works and why it’s a massive leap forward for robotics, medicine, and engineering.

The Core Problem: The Soft vs. Rigid Dilemma

To understand why this melting robot is such a big deal, I need to take you behind the scenes of current robotics. For decades, engineers have been stuck in a frustrating dilemma, forced to choose between two extremes:

Rigid Robots: These are the traditional machines we see in car factories or Boston Dynamics videos. They are incredibly strong, fast, and precise. But they are also clunky. A rigid robot cannot easily navigate a chaotic, unpredictable, or tight environment—like the inside of a human body.Soft Robots: Over the last few years, we’ve seen the rise of “soft robotics” made from silicones and soft plastics. They are highly flexible and safe to use around fragile objects (or humans). However, they have a massive disadvantage: they lack the structural integrity to carry heavy loads, apply significant force, or move with high-speed precision.

When I was researching this, the limitation became obvious. We needed a machine that could do both. We needed a material that was strong enough to act like a tool, but fluid enough to navigate the impossible.

Enter Gallium: The Shape-Shifting Secret

So, how did they actually pull off this T-1000 trick? The secret lies in a specific type of metal and a clever use of magnetism.

The researchers didn’t use some unearthly alien alloy; they used Gallium. If you’re a material science nerd like me, you might already know that Gallium is a highly unique metal with a melting point of just 29.8 °C (85.6 °F). That means it can literally melt in the palm of your hand.

But a puddle of melted metal isn’t a robot. To give it movement and purpose, the engineers embedded microscopic magnetic particles into the gallium. They call this new creation a “magnetoactive solid-liquid phase transitional machine.” Here is how I break down the genius of this design:

Heating via Magnetism: By applying an alternating magnetic field, the microscopic magnetic particles inside the metal heat up. This causes the gallium to melt on command without needing an external heat source like a flame or a laser.Movement via Magnetism: Once the robot is in a liquid state, the engineers use different magnetic fields to pull, stretch, and guide the liquid metal exactly where they want it to go.Cooling and Reforming: When the magnetic field is turned off or adjusted, the ambient temperature (if below 29.8 °C) cools the gallium, causing it to harden back into a rigid, load-bearing solid.

It’s an incredibly elegant solution. Instead of building complex joints and motors, they are just manipulating the fundamental state of matter.

Escaping the Cage: More Than Just a Neat Trick

The video of the little Lego-style robot escaping the cage is what grabbed all the headlines, but the implications go way beyond a cool party trick.

When I watched the footage, what stood out wasn’t just the melting—it was the reconstruction. The liquid metal was guided into a small mold just outside the cage, where it cooled and regained its original shape and structural strength.

This proves that we can send a robot into a highly restricted, heavily fortified, or biologically delicate area in a harmless, fluid form, and then command it to harden to perform a physical task once it reaches its destination.

Beyond Sci-Fi: How This Will Actually Be Used

While it’s fun to joke about robot uprisings, the true purpose of this technology is profoundly humanitarian and practical. We aren’t building Terminators; we are building life-saving micro-tools.

Here are the areas where I see this technology completely changing the game:

1. Medical Marvels and Internal Surgery

Imagine a child accidentally swallows a small button battery—a highly dangerous medical emergency. Instead of invasive surgery, doctors could soon administer a small, pill-sized solid robot.

Using MRI-like magnetic fields, they guide the robot into the stomach.The robot acts as a solid to encapsulate the battery.It safely carries the foreign object out through the digestive tract.

Alternatively, the robot could be guided to a specific, hard-to-reach tumor. Once there, it could melt to release a targeted dose of medicine exactly where it’s needed, leaving the rest of the body unaffected.

2. Smart Soldering and Electronics Repair

Electronic devices are getting smaller and harder to repair. This liquid metal robot could ooze into the microscopic cracks of a broken circuit board, navigate to the damaged connection, and then solidify to act as both the solder and the conductive repair wire. It’s essentially a self-assembling repair crew for your tech.

3. The Ultimate Universal Screw

The engineers also demonstrated the robot acting as a universal fastener. The robot melted, flowed into a threaded screw hole, and then solidified, locking two separate parts together perfectly. This could revolutionize construction in extreme environments, like deep-sea exploration or even the International Space Station, where carrying thousands of different screw sizes is impractical.

The Long Road Ahead

I have to keep it real with you: we are not going to see these robots on Amazon next week.

As I dug into the research, it became clear that there are still significant hurdles. Controlling magnetic fields with absolute precision inside a complex environment (like a breathing, moving human body) is incredibly difficult. Furthermore, human body temperature is around 37 °C, which is above the melting point of pure gallium. For medical applications, the researchers will need to tweak the alloy with materials like bismuth or tin to raise the melting point, ensuring it doesn’t just permanently liquefy the moment you swallow it.

Getting this from the laboratory to the commercial market, especially the heavily regulated medical field, will take years—perhaps even decades—of rigorous testing.

Final Thoughts

We are standing on the edge of a completely new era in robotics. We are moving away from the idea that machines must be bolted together with steel and wire, and stepping into a world where machines are fluid, adaptable, and almost organic in their behavior.

Seeing that little metal figure ooze through those bars changed my perspective on what engineering can achieve. It’s not just about brute force anymore; it’s about ultimate adaptability.

I’m curious to hear your take on this. If you had your own tiny, shape-shifting liquid metal robot at your disposal, what annoying everyday problem would you have it solve for you? Drop your wild ideas below!

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ARO Network Raises $5M in Strategic Round to Build “The Agentic Edge”

ARO Network Raises M in Strategic Round to Build “The Agentic Edge”


ARO Network Raises M in Strategic Round to Build “The Agentic Edge”

ARO Network, the pioneer of “The Agentic Edge” built natively for the Agentic AI era, has announced the completion of a $5 million strategic funding round.

The round was co-led by NoLimit Holdings and a strategic, undisclosed leading Asian data center operator. This round underscores strong institutional conviction in ARO’s vision to make AI agents more personalized, privacy-preserving, and accessible to everyone.

Redefining the Edge: Let AI Work for You

The Agentic Era is here, and AI agents are poised to become as fundamental as the web itself. However, the traditional centralized cloud keeps these agents distant, restricted, and corporate-owned.

ARO Network introduces a decentralized and shared network that brings the “Let AI Work for You” vision to life. ARO puts AI agents directly in your home. With your permission, they utilize your real local resources, becoming your personal digital extension.

The strategic backing from a major Asian data center partner will provide ARO with enterprise-level infrastructure across the APAC region, perfectly complementing ARO’s rapidly expanding decentralized residential network, which already boasts over 1.18 million active nodes as of March 2026.

Coinciding with the funding news, ARO Network has officially launched Testnet Sprint 2. Following the explosive growth of Sprint 1, this new phase introduces a radically simplified experience designed for the everyday user.

“We are moving beyond the concept of simple cloud infrastructure,” said Randy, CEO of ARO Network. “ARO is the Agentic Edge. We are placing autonomous, secure AI directly into the hands of users. Your residence. Your agent. Your rewards. Welcome to ARO.”

For more information, visit https://aro.network

About ARO Network 

ARO Network is the pioneer of the Agentic Edge, natively built for the autonomous AI era. It is a decentralized, shared network that brings the “Let AI Work for You” vision to life by placing AI agents directly in users’ homes. By transforming idle internet and local devices into a secure, user-controlled infrastructure, ARO ensures that personal AI stays private, uncensored, and operates with millisecond latency.

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Media Contact: Aki  ([email protected])

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author


Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.

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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.



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Not Spot Bitcoin: Strive Files ETF Backed by Crypto Treasury Stocks

Not Spot Bitcoin: Strive Files ETF Backed by Crypto Treasury Stocks


Key Highlights

Strive, Inc. filed for the T-Strive Digital Credit ETF (DGCR) to invest in preferred shares of companies holding Bitcoin.

The ETF will focus on Strategy Inc. (STRC) and Strive (SATA) preferred stocks and may use leverage and derivatives.

The SEC filing is not yet effective, so the ETF cannot currently be sold or offered to investors.

Strive, Inc., a Bitcoin treasury company, has filed for a new exchange-traded fund (ETF) called the T-Strive Digital Credit ETF (ticker: DGCR) with the U.S. Securities and Exchange Commission (SEC) on March 30.

According to the official filing, the fund is designed to give investors a way to earn income by investing in companies that hold digital assets like Bitcoin.

Focus on digital asset preferred shares

According to the filing, the ETF will invest mainly in “Digital Credit Preferred Securities,” which are preferred shares issued by companies that keep Bitcoin and other digital assets as part of their financial reserves.

The fund will mainly invest in Strategy Inc. Variable Rate Series A Perpetual Preferred Stock (STRC) and Strive, Inc. Variable Rate Series A Perpetual Preferred Stock (SATA), which are both listed on the Nasdaq. 

In addition, the ETF may use derivatives and leverage, meaning it can borrow money to increase its investment exposure and boost income, while following regulatory and risk management limits.

Strive Asset Management, a wholly owned subsidiary of Strive, Inc., will act as sub-adviser for the ETF. The company will handle the digital asset-related aspects of the fund, while the overall structure follows standard ETF registration procedures under U.S. regulations. 

The registration statement has been filed but is not yet effective, meaning the ETF cannot currently be offered or sold to investors until the SEC completes its review process.

What it means

The development is part of the broader trend of financial firms creating investment products linked to digital asset treasury strategies. T-Strive itself is a joint venture between Tuttle Capital and Strive Asset Management, combining experience from traditional finance and digital asset management.

In recent years, some companies have started holding cryptocurrencies like Bitcoin as part of their corporate treasury. This approach, known as a digital asset treasury strategy, allows firms to gain exposure to the potential price movements of digital assets. 

At the same time, investor demand for regulated ways to access crypto markets has increased. While some ETFs hold cryptocurrencies directly, others, like the proposed T-Strive Digital Credit ETF, invest in companies connected to digital assets, offering an indirect way for investors to participate in the market.

Also Read: Strategy Reloads Its Bitcoin Buying Machine With $42B in New ATMs


Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.







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From Sticker Books to Self-Custody: How Panini Is Bridging Collectibles to Ethereum | NFT News Today

From Sticker Books to Self-Custody: How Panini Is Bridging Collectibles to Ethereum | NFT News Today


For decades, Panini has been associated with sticker albums and licensed sports trading cards. In recent years, it has also developed a digital collectibles platform built on blockchain infrastructure. With the launch of its Ethereum bridge on March 30, 2026, the company is extending that platform beyond its own ecosystem.

The update allows certain digital cards to move between Panini’s internal system and external blockchain networks, introducing new ownership and trading options while maintaining elements of its existing model.

A Digital Platform Built Outside Traditional Crypto Norms

Panini Blockchain launched in early 2020. Unlike many NFT platforms that emerged around the same time, it did not initially rely on public blockchains or crypto-native onboarding.

Users could purchase packs with fiat currency, manage collections within a custodial account, and trade through an internal marketplace. Wallets, gas fees, and private keys were not required.

Early releases focused on limited digital cards, often paired with physical items such as autographs or memorabilia. Over time, the platform expanded to include digital versions of established product lines like Prizm and National Treasures, along with features such as challenges and card crafting.

This approach aligned closely with existing collector behavior rather than introducing new mechanics.

Growth Within a Closed Ecosystem

By 2025, Panini Blockchain had developed a consistent level of activity. In September of that year, the platform recorded approximately $15.6 million in sales across hundreds of thousands of transactions. According to the company, 2025 was its strongest year to date for secondary market sales.

Individual cards have reached high prices in some cases, including six-figure sales for rare items featuring current athletes.

While these figures indicate sustained engagement, the platform has remained largely self-contained, with trading and pricing limited to Panini’s own marketplace.

Source: Panini Blockchain

The Ethereum Bridge: Expanding Access

The Ethereum bridge introduces interoperability between Panini’s platform and external blockchain infrastructure.

Collectors can now:

Transfer eligible cards to self-custody wallets such as MetaMask or Coinbase Wallet

List and trade those assets on OpenSea, which is the designated on-chain marketplace partner

Return cards to Panini’s platform for use within its existing systems

Panini has indicated that the bridge was tested prior to launch, including minting assets on Ethereum, transacting them externally, and re-integrating them into the platform.

How the System Operates

When a card is transferred to Ethereum, the original version on Panini’s platform is placed in escrow. If the asset is returned, the Ethereum version is locked instead. This structure is intended to ensure that only one active version of a card exists at any time.

Once on Ethereum, the card functions as a standard NFT. Metadata and artwork are stored on Arweave, a decentralized storage network designed for permanence. On OpenSea, Panini assets display transaction history and collection data, including information originating from the Panini platform.

Launch Scope and Limitations

At launch, the bridge supports a limited set of collections:

Additional collections are expected to be added incrementally.

There are also several constraints:

Only individual cards are eligible for transfer; unopened packs remain within Panini’s system

The mobile app does not support bridge functionality (view-only access)

Transfers are limited to Ethereum; no other blockchains are currently supported

These limitations suggest a staged rollout rather than a full migration to open infrastructure.

Implications for Ownership and Market Structure

The introduction of self-custody changes the structure of ownership for Panini digital assets. Cards moved onto Ethereum can be held independently of Panini’s platform and traded in a broader market environment.

At the same time, the original platform remains relevant. Certain features—such as challenges, crafting, and internal trading—require assets to be held within Panini’s system. This creates a dual structure in which assets can exist either inside or outside the platform, depending on how collectors choose to use them.

This hybrid model may offer flexibility, but it also introduces complexity, particularly around liquidity and pricing across different environments.

Constraints and Open Questions

Several factors may influence how this model develops:

Licensing: Some of Panini’s most important league agreements—including NBA rights (which have already ended) and NFL rights (expected to end in March 2026)—directly affect its ability to issue new officially licensed cards featuring top-tier athletes. This could materially impact the long-term supply of premium content on the platform, particularly in its most valuable categories.

Technology: Panini’s underlying blockchain is based on an archived Hyperledger framework, maintained through a custom implementation

Market fragmentation: Assets split between on-platform and on-chain environments may not have consistent pricing or demand

These considerations do not directly affect the bridge’s functionality but may shape its long-term relevance.

A Gradual Shift Rather Than a Break

Panini’s approach differs from many blockchain-native projects in that it did not begin with open infrastructure. Instead, it established a closed system first and is now introducing interoperability in a controlled way.

The Ethereum bridge reflects that progression. It expands what users can do with their assets without fundamentally replacing the existing platform.

Whether this model becomes more widely adopted will depend on how collectors use it in practice, and how Panini continues to balance control with openness. For now, it represents an incremental shift rather than a definitive transition to a fully decentralized system.



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Which Blockchain Has the Most to Gain From Tokenization? | NFT News Today

Which Blockchain Has the Most to Gain From Tokenization? | NFT News Today


A 2026 Institutional Analysis of the Next Financial Stack

Tokenization has quietly moved from a crypto experiment into something much bigger: a structural shift in how financial assets are issued, traded, and settled. What started with NFTs and DeFi is now attracting the attention of global asset managers, stock exchanges, and regulators.

At the center of this shift is a simple idea, put real-world assets on-chain and make them programmable. That includes everything from treasury bonds and private credit to real estate and equities.

Even Larry Fink, CEO of BlackRock, has made his position clear:

“The next generation for markets… will be the tokenization of securities.”

That statement carries weight. BlackRock manages trillions in assets, and its growing involvement signals that tokenization is no longer hypothetical, it’s becoming infrastructure.

The question now is straightforward: which blockchain ecosystems stand to benefit the most as this shift unfolds?

This article breaks down the five blockchains with the most to gain, using institutional signals, infrastructure readiness, and growth potential as guiding factors.

Before ranking blockchains, it helps to clarify what tokenization actually means in practice.

Tokenization converts ownership of real-world assets into digital tokens on a blockchain. These tokens can represent:

The payoff is efficiency. Tokenized assets can settle instantly, trade around the clock, and integrate directly into digital financial systems.

According to the World Economic Forum, tokenization could represent a significant portion of global GDP by the end of the decade, as financial infrastructure shifts from legacy systems to blockchain-based rails.

You can explore their outlook here:https://www.weforum.org/stories/2026/01/digital-economy-inflection-point-what-to-expect-for-digital-assets-in-2026/

Not all blockchains are positioned the same way. Speed and low fees help, but institutional adoption depends on deeper infrastructure.

There are four layers that matter:

1) Settlement Layer

This is the base blockchain. It must offer strong security, uptime, and regulatory compatibility.

2) Compliance and Asset Issuance

Institutions need built-in identity checks, permissions, and legal frameworks. Token standards like ERC-3643 are gaining traction here.

3) Custody and Security

Firms rely on providers like Fireblocks to safely manage assets.

4) Liquidity and Distribution

Assets need active markets. Platforms like Securitize and partnerships with traditional exchanges are bridging this gap.

A blockchain that succeeds in tokenisation will likely integrate across all four layers—not just excel in one.

The biggest change over the past year is who is driving adoption.

Wall Street is no longer watching from the sidelines.

The New York Stock Exchange has explored tokenized trading infrastructure

Asset managers are launching tokenized funds

Private credit and treasury products are already live on-chain

Reuters recently reported on the NYSE’s collaboration with Securitize:https://www.reuters.com/business/nyse-teams-up-with-securitize-develop-tokenized-securities-platform-2026-03-24/

Meanwhile, BlackRock’s research notes point to tokenization as a key long-term theme:https://www.blackrock.com/gls-download/literature/whitepaper/2026-trends-shaping-investment-products.pdf

This shift matters. The next phase of blockchain growth will likely come from institutional capital flows, not retail speculation.

This list does not focus on current dominance alone. Instead, it weighs:

In other words, we’re looking at who benefits most if tokenization scales globally.

1. Ethereum — The Institutional Default

Ethereum already hosts the majority of tokenized assets. That alone makes it the baseline.

BlackRock’s tokenized fund initiatives have leaned on Ethereum infrastructure, reinforcing its position as the default settlement layer.

Data snapshot: https://rwa.xyz (tracks tokenized asset growth across chains)

Why Ethereum stands out:

Deep developer ecosystem

Mature DeFi infrastructure

Strong security track record

Institutional familiarity

The upside case is simple:If tokenization becomes standard across global finance, Ethereum could serve as the primary settlement layer.

It’s less about catching up and more about scaling what it already leads.

2. Solana — Built for Scale

Solana offers something Ethereum struggles with: high throughput at low cost.

That matters for tokenization at scale, especially for:

Solana has already gained traction in NFTs and consumer applications. That same infrastructure could support tokenized assets aimed at everyday users.

If tokenization expands beyond institutional use into retail markets, Solana stands to benefit significantly.

Explore ecosystem data: https://defillama.com/chains

3. Avalanche — Enterprise-Friendly Architecture

Avalanche approaches tokenization differently.

Its “subnet” model allows institutions to create custom blockchain environments with:

Permissioned access

Regulatory controls

Custom compliance rules

This design aligns well with how financial institutions operate.

Avalanche has already been used in tokenization pilots involving real-world assets and institutional partners.

The opportunity here is clear:If banks and asset managers prefer controlled environments, Avalanche could capture a large share of enterprise deployments.

4. Chainlink — The Infrastructure Layer

Chainlink is not a traditional blockchain platform, but it plays a critical role in tokenization.

It connects blockchains to real-world data, prices, identity systems, and compliance feeds.

Without reliable data, tokenized assets cannot function properly.

Chainlink’s Cross-Chain Interoperability Protocol (CCIP) also enables assets to move between different blockchains.

That positions it as a “picks-and-shovels” provider for the entire ecosystem.

If tokenization expands across multiple chains, Chainlink could benefit regardless of which base layer wins.

Learn more: https://chain.link/education/tokenization

5. Provenance and Specialized RWA Chains — Purpose-Built Finance

While general-purpose chains dominate headlines, specialized networks are quietly gaining ground.

Provenance Blockchain, used by financial firms like Figure, focuses entirely on:

These chains remove unnecessary complexity and focus on specific use cases.

If tokenization becomes more vertical—meaning different chains serve different asset classes—specialized networks could capture meaningful market share.

Explore real-world asset data: https://dune.com (search “RWA dashboards”)

Let’s consider three possible scenarios.

Scenario 1: Ethereum Remains the Core Layer

Institutions standardize around Ethereum. Most tokenized assets settle there.

Scenario 2: A Multi-Chain Financial System

Different blockchains serve different roles:

Scenario 3: Infrastructure Wins

Middleware providers like Chainlink capture value across all ecosystems.

The outcome may include elements of all three.

Tokenization is gaining traction, but several risks remain:

Regulatory Uncertainty

Different countries are taking different approaches. Some restrict tokenized assets entirely.

Fragmented Liquidity

Assets spread across multiple chains may struggle with deep liquidity.

Security Concerns

Smart contract vulnerabilities and custody risks remain real challenges.

China’s expanded restrictions on tokenized assets highlight the regulatory divide:https://www.tomshardware.com/tech-industry/cryptocurrency/china-broadens-its-crackdown-on-cryptocurrencies-expands-ban-to-include-real-world-asset-tokenization-crypto-ads-and-providing-network-traffic-for-crypto-activities

Tokenization is no longer about experimenting with digital ownership. It’s about rebuilding financial infrastructure.

The blockchains that benefit most will not necessarily be the fastest or cheapest. They will be the ones that:

Integrate with institutions

Support compliance frameworks

Enable real financial products

Attract sustained liquidity

Ethereum leads today. Solana pushes scale. Avalanche offers flexibility. Chainlink connects systems. Specialized chains refine use cases.

Each has a different path but all stand to gain if tokenization reaches its full potential.

Markets are already shifting in this direction. The question is no longer whether assets will move on-chain.

It’s which blockchain becomes the foundation of that system and how the value flows once it does.



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Weekly Wrap: NYSE & Nasdaq Race to Tokenize Stocks, Stablecoin Bill, Hacks Cross $480M

Weekly Wrap: NYSE & Nasdaq Race to Tokenize Stocks, Stablecoin Bill, Hacks Cross 0M


Key Highlights

Trump’s TruthSocial post about “productive” Iran talks sent Bitcoin past $71,500 and wiped nearly $400M in leveraged positions, while Iran denied that any talks even happened. Strategy bought another 1,031 BTC, and CZ compared Bitcoin to gold.

NYSE and Nasdaq are now both building tokenized stock trading platforms, NYSE scrapped options limits on 11 crypto ETFs, and ICE dropped another $600M into Polymarket. Franklin Templeton went on-chain with Ondo.

The CLARITY Act stablecoin bill wants to restrict yield on stablecoins. Coinbase came out swinging against it, the CFTC set up a new crypto and AI task force, and CertiK says crypto hacks have already crossed $480M this year.

Welcome to this week’s crypto roundup. Last week was all about Bitcoin hitting a 40-day high and the CFTC giving the green light to crypto as derivatives collateral. This week? It was Wall Street going full speed on tokenization, lawmakers trying to figure out what to do with stablecoins (and getting it wrong, according to half the industry), India dealing with arrests and terror financing busts, and hackers having another very productive week.

We’ve got Trump moving markets with a single post, NYSE and Nasdaq in a literal race to put stocks on the blockchain, the CLARITY Act getting roasted by Coinbase, CoinDCX founders going from handcuffs to bail in three days, and an $80M stablecoin exploit that nobody saw coming. Let’s get into it.

Top headlines for this week

Below are the major headlines, giving an overview of what happened in the crypto market this week.

Trump posts about Iran, $400M in crypto gets liquidated

This one was wild. President Trump posted on TruthSocial that US-Iran talks had been“very good and productive” and said both sides had agreed to a five-day pause on US strikes against Iranian energy infrastructure. Bitcoin shot above $71,500 within minutes. Nearly $400 million in leveraged positions got wiped out.

Here’s where it gets interesting. Tehran came out and flat-out denied that any talks had happened. They called the strike pause a forced US retreat. So the market pumped on news that one side says never happened. Classic crypto.

The conflicting narratives whipsawed prices in both directions and proved, once again, that a single Trump post can move billions in the crypto market.

Binance Research separately put out a report warning that rising oil prices could trigger major Bitcoin volatility. With the Middle East situation still far from settled, that’s worth keeping in mind.

On the BTC accumulation side, Strategy kept buying, adding another 1,031 BTC to its already massive pile. At this point, it would be bigger news if Saylor stopped buying for a week. CZ also jumped in with his take, calling Bitcoin and crypto “hard assets” like gold. Coming from the former Binance CEO during a consolidation phase, that’s a statement worth noting.

Mt. Gox moved $500 worth of BTC after months of doing nothing, while $2 billion in creditor funds remain sitting there. A $500 transfer from a wallet holding billions. Nobody knows what to make of it, but Mt. Gox watchers are back on high alert.

Going the other way, MARA sold nearly $1 billion in Bitcoin to cut its debt by 30%. Even among the Bitcoin treasury companies, sometimes you have to sell the thing you’re supposed to be holding. Balance sheets don’t manage themselves.

NYSE and Nasdaq want to tokenize your stocks

This was probably the most important structural story of the week, and it happened almost simultaneously from both sides.

NYSE partnered with Securitize to build a 24/7 tokenized securities platform. The official announcement confirms Securitize as the first digital transfer agent eligible to mint blockchain-native securities for corporate or ETF issuers on the platform. Nasdaq is already working on its own “Digital Twin” model. The two biggest stock exchanges in the world are now in a straight-up race to put equities on the blockchain. That’s not a pilot program. That’s not an experiment. That’s Wall Street saying the future of stock trading runs on blockchain rails, and they want to own it.

On top of that, NYSE removed options trading limits on 11 Bitcoin and Ether ETFs. Position limits that used to cap exposure? Gone. This opens up way more volume and lets institutional players run more complex strategies around crypto ETF options.

Then there’s ICE, the company that owns the NYSE. They put another $600 million into Polymarket. Six hundred million. Into a prediction market. That tells you where institutional money thinks the next wave of financial products is headed.

Franklin Templeton brought its ETFs on-chain through a deal with Ondo. One of the biggest old-school asset managers is now running tokenized fund infrastructure. The line between TradFi and DeFi got a lot blurrier this week.

The CLARITY Act stablecoin bill and why Coinbase hates it

The US dropped a draft stablecoin bill called the CLARITY Act, and it wants to restrict yield payments on stablecoins. You can still get activity-based rewards, but straight-up yield? The bill wants to limit that.

The industry did not take it well.

Coinbase came out publicly against the bill, saying the yield restrictions would push stablecoin activity offshore and put US issuers at a disadvantage. When the most compliance-friendly exchange in the US tells lawmakers they got it wrong, that carries weight. This fight over whether stablecoins should be allowed to generate yield is going to be one of the biggest regulatory battles for the rest of the year.

Regulators were busy this week. Very busy.

The CFTC set up a brand new task force for crypto, AI, and prediction markets. It’s not just about commodities anymore. They’re widening the net into where tech and finance overlap.

The SEC Chair publicly acknowledged that there are still unresolved questions in crypto guidance. Not exactly breaking news to anyone who’s been following crypto regulation, but hearing the SEC admit it out loud is something.

A US lawmaker questioned why the Fed approved Kraken’s access to payment rails. The tension between crypto firms wanting banking access and traditional players wanting to keep them out isn’t going away anytime soon.

Prediction markets caught fresh heat as US senators introduced a new bill targeting the sector. California separately banned state officials from betting on insider info on prediction platforms. With ICE pouring $600M into Polymarket on one side and senators trying to regulate it on the other, the prediction market space is headed for a collision.

On the brighter side, there’s a real chance that Fannie Mae could start accepting crypto as mortgage collateral. From HODL to home loan. If this goes through, it would be a massive step for crypto’s legitimacy in everyday financial life.

A US court also dismissed a crypto developer case, but left the legal questions around developer liability wide open. So developers still don’t know where the line is. That ambiguity continues to hang over the space since the Tornado Cash situation.

CoinDCX founders arrested and bailed in 72 hours

In India, this was the headline of the week. The founders of CoinDCX got arrested on fraud charges and were out on bail within 72 hours. The exchange has had a rough year already, dealing with a $44 million hack, top executives leaving, and multiple investigations. This arrest was the peak of all that chaos.

The quick bail suggests the charges might not be as serious as the initial reports made them sound. But the reputational hit to CoinDCX in the Indian market is real, and users who’ve been watching the exchange stumble from one crisis to the next are not going to forget this easily.

In a separate and more serious India story, the Anti-Terrorism Squad arrested a 19-year-old student tied to an ISIS crypto financing network. A teenager moving money for a terror outfit through crypto. That’s the kind of story that gives regulators ammunition to clamp down harder.

$80M exploit, $480M in hacks, and supply chain attacks everywhere

It was a bad week for security. CertiK reported that crypto hacks have hit $480 million in 2026, and the year isn’t even a quarter done. The pace is picking up, not slowing down.

The USR stablecoin got hit with an $80 million exploit, and KyberSwap had to block the exploiter’s wallets. An $80M exploit on a stablecoin. That’s not a small DeFi protocol getting drained, that’s a stablecoin breaking down.

ZachXBT, the on-chain detective, called out Circle for freezing 16 active USDC wallets. The question of when and why a stablecoin issuer should freeze wallets is one the industry keeps coming back to, and there’s no clean answer.

Two major supply chain attacks also hit this week. LiteLLM got breached, with 300GB of data and 500,000 credentials stolen. Separately, an Apifox breach exposed sensitive data across crypto systems. Supply chain attacks are becoming one of the scariest threats in crypto because you don’t even need to hack the protocol itself. You hack the tools everyone uses to build on it.

Token chaos: WRX down 99%, SIREN dumps, MemeCore pumps

If you held WRX this week, it’s basically gone.WazirX’s token crashed 99% while Shardeum’s SHM also hit rock bottom. WazirX has been circling the drain in India for a while now, and the token finally reflected that reality.

SIREN crashed 62% in 24 hours after an X-fueled buying frenzy that, predictably, ended badly for everyone who bought in late: same story, different token.

MemeCore pumped 43% in a day as traders rotated into high-beta meme coins. Because when macro uncertainty hits, some traders don’t go to safety. They go full degen.

And then there’s James Wynn. The guy opened a 40x leveraged Bitcoin trade, got liquidated, and came right back to do it again. Revenge trading at 40x. Some things in crypto never change.

News you might have missed

Sen. Warren vs MrBeast: Senator Warren raised questions about MrBeast’s crypto plans aimed at young audiences. When the biggest YouTuber on the planet meets crypto, meets a senator who already doesn’t like crypto, things get interesting fast.

Tether Puts Gold on BNB Chain: Tether launched its gold-backed XAU₮ token on the BNB ecosystem. On-chain gold trading is now on Binance’s chain.

Anchorage Adds TRON: Institutional custodian Anchorage Digital added TRON to its supported chains. TRON keeps showing up in institutional conversations, whether people like it or not.

BitGo’s Revenue Jumps 424%, Still Loses Money: BitGo pulled in $16.2 billion in revenue but posted a $14.8 million loss. Revenue growth is great, but profitability is still a problem for crypto infrastructure companies.

Circle Heads to Pharos: Circle announced it’ll bring USDC and CCTP to Pharos before the network’s mainnet goes live. Another chain, another USDC expansion.

Binance Fined $6.9M in Australia: Australia hit Binance with a $6.9 million fine for messing up client classifications in its derivatives business. Compliance issues continue to follow Binance around the world.

Nvidia Crypto Lawsuit Goes Class Action: A court gave class action status to Nvidia’s crypto-related lawsuit. The pressure on the chipmaker just got a lot heavier.

Buzz of the week

The buzz this week belongs to Wall Street’s tokenization race, and it’s not even close. NYSE and Nasdaq both announced blockchain-based stock trading platforms in the same week. Let that sink in. The two biggest stock exchanges on the planet are now competing to see who can tokenize equities first. This isn’t some crypto startup talking about disrupting finance. This is finance disrupting itself.

The CLARITY Act backlash was the other big story. Coinbase pushing back hard on a stablecoin bill tells you the industry thinks the proposed rules go too far. Whether lawmakers listen is another question entirely, but this yield restriction fight is going to define stablecoin regulation for the rest of 2026.

And while all this institutional progress was happening, hackers stole $480 million, a stablecoin got exploited for $80 million, and supply chain attacks hit two major developer tools. For every headline about Wall Street embracing crypto, there’s another about someone finding a new way to steal from it.

What to expect for next week?

Next week is going to revolve around geopolitics. The Trump-Iran situation is far from resolved, and given how fast $400 million in positions got wiped out on a single TruthSocial post, any new development from either side could move markets hard.

The CLARITY Act debate will pick up steam. More crypto firms are expected to weigh in on the yield restrictions, and if the pushback grows loud enough, we could see lawmakers revisiting the draft before it moves further.

On the tokenization front, watch for NYSE and Nasdaq to reveal more details about their timelines. If either one announces an actual launch date for tokenized stock trading, it could change market expectations overnight.

In India, the CoinDCX fallout and the continuing crackdown on crypto-linked crime will keep shaping the sentiment for one of the world’s biggest crypto user bases.

The story of this week, really the story of 2026 so far, is the gap between where institutional adoption is going and where security stands. NYSE is tokenizing stocks, Franklin Templeton is putting ETFs on-chain, ICE is betting $600 million on prediction markets. But hacks keep climbing, supply chains keep getting compromised, and one social media post from the President can vaporize hundreds of millions in minutes. That gap has to close at some point. The question is how.


Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.







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