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Bitcoin climbed back above $78,000 as optimism grew following statements from Trump and Iranian officials suggesting the Strait of Hormuz is open, helping lift both crypto and stocks. Meanwhile, Circle is facing a class action lawsuit tied to the $285 million Drift Protocol hack, data shows AI agents now account for a growing share of DeFi activity but still lag human traders in performance, and a cybersecurity researcher has uncovered counterfeit Ledger devices being sold on a Chinese marketplace.

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News Roundup

Artificial Intelligence

  • Your AI Chats Can Be Used Against You in Court—Law Firms Are Scrambling (Decrypt)

  • Perplexity Launches “Personal Computer,”an Expansion of Perplexity Computer (Perplexity)

  • Federal AI Use Soars, But Bottlenecks Threaten Momentum Amid Public Skepticism: Brookings (Decrypt)

  • OpenAI Super App Takes Shape: Codex Gets Computer Use, Browser, and Image Gen (Decrypt)

  • Google Now Lets You Explore the Web Side-by-Side With AI Mode (TechCrunch)

  • OpenAI to Spend More Than $20 Billion on Cerebras Chips, Receive Stake (Reuters)

  • Introducing GPT‑Rosalind for Life Sciences Research (OpenAI)

  • Introducing Claude Design by Anthropic Labs (Anthropic)

  • China's DeepSeek is Raising Funds at $10 Billion Valuation, The Information Reports (Reuters)

Decentralized, Centralized, & Traditional Finance

  • Morgan Stanley’s Amy Oldenburg Says Crypto 'Becoming Daily Business' Across the Firm (The Block)

  • Circle Hit With Class Action Lawsuit Over $285M Drift Protocol Hack (Decrypt)

  • Citi Finds Dual Bitcoin-Gold Strategy Outperforms Over Time (Cryptopolitan)

  • Pre-IPO Investing Heats Up as Report Compares Six Leading Access Platforms (Biteye)

  • Charles Schwab Weighs Prediction Markets (Decrypt)

  • Mitsui & Co.'s Crypto Arm Brings Tokenized Metals Asset Zipangcoin to OP Mainnet (The Defiant)

  • Hong Kong's Flow Capital Plans to Bring $150 Million Private Credit Fund Onchain (The Block)

  • Singapore Gulf Bank Launches Stablecoin Mint and Redeem Service (SGB)

  • Citadel Securities President Says Firm Could Enter Prediction Markets (The Block)

  • Payward to Acquire Derivatives Exchange Bitnomial for $550 Million in Cash and Stock (CoinDesk)

  • Israeli Fintech Bitcore Advances Four-Pillar Strategy and Moves to Launch First Privately-Issued Digital Shekel (The Defiant)

  • France's Finance Minister Calls for More Euro Stablecoins in Sign of Government Policy Shift (CoinDesk)

  • Circle Rolls Out USDC Bridge for Native Cross-Chain Stablecoin Transfers (The Block)

  • AI Agents Already Run a Fifth of DeFi, But Still Lose to Humans at Trading (Decrypt)

  • Dogecoin Gold? A DOGE-Themed Company Is Joining the Tokenized Gold Rush (Decrypt)

Exchanges

  • Russian Crypto Exchange Grinex Halts Trading, Alleging $13M Exploit by 'Western Special Services' (Decrypt)

Exchange-Traded Funds

Infrastructure

  • Tempo Unveils Pragmatic Privacy Solution Called Zones, a Way to Run Permissioned Parallel Blockchains (The Block)

  • World Rolls Out World ID 'Proof of Human' Upgrade With Tinder Integration, Zoom Feature and Ticketing Tools (The Block)

Markets

  • Suspicious Polymarket Trader Made $320K on Last-Minute 2025 Biden Pardons (Decrypt)

  • Flare Proposal Seeks to Cut Inflation and Fund Buybacks Through Protocol-Level MEV Capture (Flare Network)

  • Bitcoin, Stocks Surge as Iran Says Strait of Hormuz Is 'Completely Open' (Decrypt)

  • Bitcoin Retakes $78,000 as Trump Declares Hormuz 'Open and Ready for Business' (The Block)

  • X Exec Says Cashtags Crypto, Stock Token Feature has Driven $1 Billion in Trading Volume (The Block)

  • Strategy Shares Pop as Bitcoin Holdings Flip Green, Near $61 Billion (Decrypt)

Mining

  • Public Miners Sell Record Bitcoin as Industry Splits Between Selling and Quality Growth (TheEnergyMag)

  • Bitcoin Miners are Dealing With This Triple-Treat. ‘I’m a Seven Worried,’ Says Mining CEO (DL News)

Non-Fungible Tokens

  • Bored Apes-Creator Yuga Labs Taps New CEO as Greg Solano Moves to Chairman Role (The Block)

Politics & Regulation

  • SEC Officials Push US Crypto Ambitions in Debut Podcast Episode (Decrypt)

  • US Government Moves Bitcoin Tied to $9 Billion Bitfinex Hack (Decrypt)

  • Clarity Act's Stablecoin Yield Language Pushed Back; Ban on Idle Balances Still Intact (The Block)

  • Polish PM Says Crypto Firm Tied to Russian Mafia and Secret Service Backed Political Rivals (The Block)

  • Sen. Blumenthal Presses DOJ and Treasury on Binance Monitor Amid Iran Sanctions Concerns (The Block)

  • Crypto Council for Innovation Adds Digital Energy Council as its First Energy-Focused Member (The Block)

  • Congresswoman Sheri Biggs Discloses Up to $250,000 BTC Investment via iShares Bitcoin ETF (Bitcoin Magazine)

Other News

  • Texas Man Gets 23 Years for $20 Million Crypto Scam Supposedly Backed by Picasso and Van Gogh Artwork (The Block)

  • Cybersecurity Researcher Uncovers Fake Ledger Sold on Chinese Marketplace (Cointelegraph)

Check This Out!

Bitcoin ownership is shifting: businesses (+69K BTC), governments (+25K BTC), and funds and ETFs (+3K BTC) accumulated in Q1 2026, while individuals were net sellers (-62K BTC).

Source: River

Meme of the Day

Source: Bold Leonidas

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