Meta Enables Content Creators to Receive USDC Stablecoin Earnings via Solana, Polygon

Galaxy Digital reported a second consecutive quarterly loss, with a first-quarter net loss of $216 million, an improvement from the previous year. The company's total assets declined by 12% to $9.99 billion, mainly due to a decrease in digital asset values.

The U.S. strategic Bitcoin reserve, created by President Trump's executive order, is still under development, with legal interpretations being worked out to protect Bitcoin on the government balance sheet. Despite hints of a "big announcement," the Treasury has not made new Bitcoin purchases.

The U.S. Commodity Futures Trading Commission, under Chairman Mike Selig, is utilizing artificial intelligence and automation to compensate for a reduced workforce. AI is being employed to streamline registration processes, enhance market surveillance, and identify incomplete or inaccurate applications in the crypto sector.

Bitcoin's price is influenced by various factors this week, including the $82,000 CME gap, Magnificent Seven earnings, and the Federal Reserve's policy meeting. The market is cautiously optimistic, with attention on Bitcoin's ability to close above $82,000 for a sustained recovery.

Bitcoin 2026 conference opened with disappointments as BTC price dropped and main stage remained mostly empty. Security incidents and absent speakers added to the awkward atmosphere.

Fidelity Digital Assets released a cautiously bullish Q2 2026 Signals Report, highlighting improving metrics for Bitcoin despite a 52% drawdown. LayerTwo Labs CEO announced plans to hard fork Bitcoin into eCash, facing controversy over touching Satoshi's dormant BTC. Gemini launched Agentic Trading with AI integration for live trading.

Bits of Gold, a Tel Aviv-based exchange, has received approval from Israel's Capital Market Authority to issue a stablecoin pegged to the shekel. The stablecoin, BILS, was developed in collaboration with Solana and Fireblocks, with auditing by EY.

Block Inc., led by Jack Dorsey, revealed Bitcoin holdings of 28,355 BTC worth $2.2 billion in its first-quarter proof-of-reserves report. The holdings include BTC for customers and corporate treasury, confirmed by third-party auditors.

DeFi United has released a technical plan to recover from the KelpDAO bridge exploit, involving converting committed ETH into rsETH and liquidating affected positions in Aave and Compound. The coalition has implemented new security measures and received over $300 million in pledges for the recovery effort.

Ondo Finance, in collaboration with Broadridge Financial Solutions, enables investors to engage in corporate governance by accessing company filings and submitting voting preferences for over 250 tokenized securities on its platform. This move addresses the lack of governance rights in equity tokens, enhancing transparency and investor participation.