A Trump-Themed Token Soars, Then Dives 95% After His Son Dashes Hope the Former President Backed It

The debacle underscores the wild world of memecoin markets, where grifts and rug pulls abound.Source

Medical Data Company OneMedNet Latest to Pursue Bitcoin Treasury Strategy After Capital Raise

OneMedNet (ONMD) late last month raised $4.6 million in a private placement and used $1.8 million of the proceeds to purchase bitcoin, according to a press release. Among the investors was Off The Chain Capital, a crypto investment fund.Source

Bitcoin Nears $60K as Crypto Bounce Accelerates, but Recovery Might Be Choppy

While the crypto rally was broad-based with ETH, SOL, NEAR gaining 8%-10%, prices rarely go up in a straight line following major capitulation events such as Monday’s crash, one observer noted.Source

JPMorgan Remains Cautious on Bitcoin as Positive Catalysts Mostly Priced-In

Retail investors seems to have played large role in recent crypto selloff that saw sharpest correction since FTX, the bank said.Source

Crypto-Friendly Bank Ordered by Fed to Limit Risks From Digital Asset Clients

Customers Bank, which has done business with several of the most prominent crypto firms, has been called out by the U.S. Federal Reserve for inadequately policing illicit activity, particularly with digital asset clients.Source

Do Kwon’s Extradition from Montenegro Postponed Yet Again

Do Kwon’s extradition from Montenegro has been delayed yet again.Source

Gyroscope Rolls Out Yield-Bearing Version of Stablecoin Targeting Over 10% Yield

The Galaxy-backed stablecoin project aims to attract DAO treasuries to allocate in their new stablecoin.Source

CoinDesk 20 Performance Update: Index Rallies 7.1%, Led by XRP’s 17.5% Gains

Ripple soared 17.5% while Solana climbed 8.9%, leading the index higher.Source

Crypto Asset Manager Algoz Taps Standard Chartered-Backed Zodia Custody for Safer Investing

Algoz will use Zodia’s Interchange service to offer off-venue settlement and mitigate risks around liquidity and insolvency.Source

NEAR Pushes ‘Signatures’ on Mainnet, in Growing Trend of Chain Abstraction

The feature was introduced in testnet in March, and allows users with a NEAR account to sign transactions on blockchains it supports, without the need for cross-chain bridges.Source