🕵️ MARA reported a $1.7B net loss in Q4 2025, compared to a $528M net income a year earlier. This loss was largely due to a $1.5B markdown in the fair value of its bitcoin holdings as #BTC fell about 30% during the quarter. Revenue declined 6% YoY to $202.3M, and adjusted EBITDA was negative $1.49B. MARA ended the year holding 53,822 #BTC, with about 28% loaned or pledged. link
🇺🇸👀 Minnesota HF3642 (2025–2026) proposes a full ban on virtual currency kiosks in the state, prohibiting any person from placing or operating a crypto ATM in Minnesota. The bill would repeal existing statutes governing kiosk licensing, disclosures, transaction limits, refunds, and compliance requirements. #regulation link
🇰🇷🕵️ According to Maeil Business News Korea, South Korea’s tax authority mistakenly published the recovery mnemonic for a seized crypto wallet in a press release photo. Soon after, about $4.8 million worth of tokens were transferred out, raising concerns about a security lapse. link
🇬🇧🤔 According to Bloomberg, the UK Gambling Commission plans to consider allowing gamblers to pay with cryptocurrencies as the country advances its digital-asset regulatory framework. The FCA is expected to finalize crypto rules this year, with implementation targeted for late 2027. Gambling firms may apply for licenses under the new regime. #regulation link
🤝 #ZK ZKsync has set May 4, 2026 as the official deprecation date for ZKsync Lite, the original payment-focused ZK-rollup. This decision comes as the project consolidates development around newer chains and the broader zkSync ecosystem. Funds will remain claimable, and the change does not affect other ZKsync systems. link
🚀 MoonPay, M0 and PayPal launch PYUSDx, enabling developers to create app-specific stablecoins backed by $PYUSD. #stablecoin
🇺🇸💰 The U.S. Attorney’s Office in Washington, D.C. announced that its newly formed “Scam Center Strike Force” has frozen or seized over $580 million in crypto assets tied to Southeast Asia–based “pig butchering” fraud networks in Myanmar, Cambodia, and Laos. These schemes reportedly utilized social engineering tactics to deceive victims into purchasing crypto and sending funds to fraudulent investment platforms. link
Wanted to share some thoughts on an asset that's on my radar for a specific reason: WhiteBIT Token (WBT).
Many of you know I recently participated in the world's first offline crypto trading tournament, hosted by the WhiteBIT team. It gave me an inside look at their ambition and professionalism, and naturally, it prompted me to do a deeper analysis of their native token.
My conclusion after this deep dive is simple: WBT isn't a fast trade. It's a bet on infrastructure.
While 99% of the market is chasing hype, I look for fundamentally strong assets, and here's why WBT fits that criteria:
🔹 Robust Tokenomics: The token has a fixed supply and regular burns. It's a deflationary model built into its code.
🔹 Real Utility: Holders get tangible benefits—from trading fee discounts to launchpad access and high yields in Earn (up to 18%). The demand for the token is directly tied to the exchange's growth.
🔹 Proven Stability: Historically, WBT has not only outperformed BTC but has also shown more resilience during crashes. It's no surprise it's included in S&P Global indices.
And now for the most interesting part—the catalyst.
A leak just dropped that WBT is already on Kraken's listing radar. Official news should follow soon. A Tier-1 exchange listing is always a powerful liquidity event and a major step towards institutional recognition.
https://www.tradingview.com/chart/WBTUSD/rI1e9ntL-WBT-What-Separates-an-Infrastructure-Token-from-a-Hype-Coin/
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Many of you know I recently participated in the world's first offline crypto trading tournament, hosted by the WhiteBIT team. It gave me an inside look at their ambition and professionalism, and naturally, it prompted me to do a deeper analysis of their native token.
My conclusion after this deep dive is simple: WBT isn't a fast trade. It's a bet on infrastructure.
While 99% of the market is chasing hype, I look for fundamentally strong assets, and here's why WBT fits that criteria:
🔹 Robust Tokenomics: The token has a fixed supply and regular burns. It's a deflationary model built into its code.
🔹 Real Utility: Holders get tangible benefits—from trading fee discounts to launchpad access and high yields in Earn (up to 18%). The demand for the token is directly tied to the exchange's growth.
🔹 Proven Stability: Historically, WBT has not only outperformed BTC but has also shown more resilience during crashes. It's no surprise it's included in S&P Global indices.
And now for the most interesting part—the catalyst.
A leak just dropped that WBT is already on Kraken's listing radar. Official news should follow soon. A Tier-1 exchange listing is always a powerful liquidity event and a major step towards institutional recognition.
https://www.tradingview.com/chart/WBTUSD/rI1e9ntL-WBT-What-Separates-an-Infrastructure-Token-from-a-Hype-Coin/
JOIN to VIP and Academy for FREE
INSTRUCTION
TradingView
WBT: What Separates an Infrastructure Token from a Hype Coin? for CRYPTO:WBTUSD by EXCAVO
Greetings, everyone.
Recently, I published an in-depth analysis on the topic of native exchange tokens. This is a critical sector that is often overlooked, yet it stands as one of the fundamental pillars of the entire crypto industry. Today, I want to focus…
Recently, I published an in-depth analysis on the topic of native exchange tokens. This is a critical sector that is often overlooked, yet it stands as one of the fundamental pillars of the entire crypto industry. Today, I want to focus…
🤔 #ETH Vitalik Buterin outlined Ethereum’s scaling roadmap, emphasizing short-term upgrades in the Glamsterdam fork like block-level access lists, ePBS, and multidimensional gas for improved execution and state growth. Long-term plans focus on higher blob throughput via PeerDAS and gradual ZK-EVM adoption, ultimately aiming for multi-proof validation as security and formal verification mature. link