☕️ GM! Here are the top events in #Crypto from the past 24 hours
📊 Market Updates
🔸BlackRock’s IBIT saw $643M in inflows, its largest in 13 weeks, as U.S. Bitcoin ETFs net $916M amid renewed investor confidence.
🔸The SEC delayed decisions on Polkadot and Hedera ETFs to June 11, citing the need for more time to review crypto fund proposals.
🔸Metaplanet hits 5,000 BTC milestone after $13.6M buy, now halfway to its 10,000 BTC goal as corporate bitcoin accumulation grows.
🌟 Highlights
🔸Securitize launches MI4 crypto index fund with $400M from Mantle, offering top asset exposure and DeFi yield via staking.
🔸Coinbase and PayPal expand partnership to boost PYUSD stablecoin use, offering zero-fee conversions and advancing global crypto payments.
🔸CME to launch XRP futures on May 19, offering micro and large contracts as part of growing institutional crypto adoption.
🔸Citigroup says stablecoin supply could hit $3.7T by 2030, calling 2025 blockchain’s potential “ChatGPT moment” due to rising adoption.
🔸ZKsync recovers $5.66M in hacked tokens after attacker accepts 10% bounty; funds now held by Security Council for governance.
🔸Former Celsius CEO Alex Mashinsky will be sentenced on May 8 for CEL token fraud and manipulation and faces up to 20 years in prison.
🔸Upbit and Bithumb suspend SNX deposits after sUSD depegs, citing risks tied to volatility and lack of use cases for the asset.