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Blockchain finance company Fence has announced the completion of a new funding round of $20 million, led by Galaxy Digital, with participation from Parafi Capital and Crane Venture Partners. Fence aims to leverage blockchain and tokenization technology to transform the backend processes of the asset-backed finance market, primarily targeting the operational aspects of structured credit transactions, including loan pool tracking, collateral verification, and cash flow management.

[Blockchain Finance Company Fence Secures $20 Million Funding Led by Galaxy Digital]Blockchain finance company Fence has announced the completion of a new funding round of $20 million, led by Galaxy Digital, with participation from Parafi Capital and Crane Venture Partners. Fence aims to leverage blockchain and tokenization technology to transform the backend processes of the asset-backed finance market, primarily targeting the operational aspects of structured credit transactions, including loan pool tracking, collateral verification, and cash flow management.

Blockchain Finance Company Fence Secures $20 Million Funding Led by Galaxy Digital

According to security company Blockaid, the Aftermath Finance perpetual contract protocol on the Sui Network is currently under attack, with approximately $1.1 million USDC stolen in about 36 minutes through 11 transactions. Analysis indicates that the vulnerability stems from a fee accounting flaw in the perpetual contract liquidation system, allowing the attacker to artificially inflate synthetic collateral and withdraw funds from the protocol's treasury. Blockaid stated that it has identified and flagged the attack and is currently assisting the Aftermath Finance and Mysten Labs teams in their response, with further investigation results to be disclosed later.

[Aftermath Finance Perpetual Contract Protocol Attacked, Approximately $1.1 Million USDC Stolen]According to security company Blockaid, the Aftermath Finance perpetual contract protocol on the Sui Network is currently under attack, with approximately $1.1 million USDC stolen in about 36 minutes through 11 transactions. Analysis indicates that the vulnerability stems from a fee accounting flaw in the perpetual contract liquidation system, allowing the attacker to artificially inflate synthetic collateral and withdraw funds from the protocol's treasury. Blockaid stated that it has identified and flagged the attack and is currently assisting the Aftermath Finance and Mysten Labs teams in their response, with further investigation results to be disclosed later.

Aftermath Finance Perpetual Contract Protocol Attacked, Approximately $1.1 Million USDC Stolen

On April 29, Visa announced the formal inclusion of Polygon into its Global Stablecoin Settlement Program. Visa partners, including issuing and acquiring institutions, can now conduct stablecoin settlements through the Polygon network. Visa stated that the annualized operating scale of its stablecoin settlement program has reached $7 billion this quarter, a 50% increase compared to three months ago. Polygon emphasized that its network features low transaction fees, approximately 4 seconds for transaction finality, and has been utilized by institutions such as Stripe, Revolut, Flutterwave, and BlackRock for real financial activity settlements.

[Visa Integrates Polygon into Global Stablecoin Settlement Program, Annual Settlement Volume Reaches $7 Billion]On April 29, Visa announced the formal inclusion of Polygon into its Global Stablecoin Settlement Program. Visa partners, including issuing and acquiring institutions, can now conduct stablecoin settlements through the Polygon network. Visa stated that the annualized operating scale of its stablecoin settlement program has reached $7 billion this quarter, a 50% increase compared to three months ago. Polygon emphasized that its network features low transaction fees, approximately 4 seconds for transaction finality, and has been utilized by institutions such as Stripe, Revolut, Flutterwave, and BlackRock for real financial activity settlements.

Visa Integrates Polygon into Global Stablecoin Settlement Program, Annual Settlement Volume Reaches $7 Billion

On April 29, with the expansion of stablecoin applications and the gradual clarification of regulatory frameworks, crypto Point of Sale (POS) terminals are accelerating their entry into offline retail scenarios. Industries such as hotels, dining, luxury goods, and cross-border retail are beginning to test the integration of digital asset payments into physical stores. Reports indicate that the recent collaboration between WalletConnect and Ingenico is seen as an important case for physical retail crypto payments. This solution allows consumers to pay with crypto assets while merchants do not need to hold digital assets directly, thereby reducing operational complexity. The article points out that stablecoins are becoming a key factor in facilitating offline payments. Compared to the highly volatile crypto assets, stablecoins are more suitable for retail payment scenarios, as they can reduce settlement price fluctuations and provide merchants with an experience closer to traditional fiat payments. Additionally, clearer regulations are also promoting industry development. The EU's MiCA legislation has proposed unified requirements for the transparency, disclosure, and regulation of crypto assets; the UK's FCA plans to open applications for a new crypto regulatory framework from September 2026 to February 2027. The report suggests that the core value of crypto POS is not in 'blockchain technology itself,' but in reducing the complexity of in-store cash register operations. Current mainstream solutions typically complete transactions via QR code payments, allowing merchant staff to complete the payment process like traditional card machines without needing to understand on-chain mechanisms. Analysts believe that the future development focus of offline crypto payments will concentrate on 'simplification, stablecoin adoption, and compliance,' rather than speculative attributes. As mobile wallets, stablecoins, and merchant settlement systems become further integrated, crypto payments may gradually become one of the standard payment options in physical retail.

[Integration of Stablecoins and POS Terminals Drives Offline Crypto Payment Adoption, Retail Sector May Become Next Growth Focus]On April 29, with the expansion of stablecoin applications and the gradual clarification of regulatory frameworks, crypto Point of Sale (POS) terminals are accelerating their entry into offline retail scenarios. Industries such as hotels, dining, luxury goods, and cross-border retail are beginning to test the integration of digital asset payments into physical stores. Reports indicate that the recent collaboration between WalletConnect and Ingenico is seen as an important case for physical retail crypto payments. This solution allows consumers to pay with crypto assets while merchants do not need to hold digital assets directly, thereby reducing operational complexity. The article points out that stablecoins are becoming a key factor in facilitating offline payments. Compared to the highly volatile crypto assets, stablecoins are more suitable for retail payment scenarios, as they can reduce settlement price fluctuations and provide merchants with an experience closer to traditional fiat payments. Additionally, clearer regulations are also promoting industry development. The EU's MiCA legislation has proposed unified requirements for the transparency, disclosure, and regulation of crypto assets; the UK's FCA plans to open applications for a new crypto regulatory framework from September 2026 to February 2027. The report suggests that the core value of crypto POS is not in 'blockchain technology itself,' but in reducing the complexity of in-store cash register operations. Current mainstream solutions typically complete transactions via QR code payments, allowing merchant staff to complete the payment process like traditional card machines without needing to understand on-chain mechanisms. Analysts believe that the future development focus of offline crypto payments will concentrate on 'simplification, stablecoin adoption, and compliance,' rather than speculative attributes. As mobile wallets, stablecoins, and merchant settlement systems become further integrated, crypto payments may gradually become one of the standard payment options in physical retail.

Integration of Stablecoins and POS Terminals Drives Offline Crypto Payment Adoption, Retail Sector May Become Next Growth Focus

According to monitoring data from Arkham, the Bitcoin holding address of the Kingdom of Bhutan has transferred BTC again, moving 102 BTC to a certain address approximately three hours ago, valued at around 7.89 million USD. Currently, that address holds a total of 184 BTC transferred by the Kingdom of Bhutan.

[Bhutan Kingdom Transfers 102 BTC to an Address]According to monitoring data from Arkham, the Bitcoin holding address of the Kingdom of Bhutan has transferred BTC again, moving 102 BTC to a certain address approximately three hours ago, valued at around 7.89 million USD. Currently, that address holds a total of 184 BTC transferred by the Kingdom of Bhutan.

Bhutan Kingdom Transfers 102 BTC to an Address

AI fluctuated by 72.29% within 24 hours, current price $0.0284

【AI fluctuated over 50% in 24 hours!】AI fluctuated by 72.29% within 24 hours, current price $0.0284

AI fluctuated over 50% in 24 hours!

RAIN fluctuated by 900.0% within 24 hours, current price $0.0075

【RAIN 24-hour fluctuation exceeds 50%!】RAIN fluctuated by 900.0% within 24 hours, current price $0.0075

RAIN 24-hour fluctuation exceeds 50%!

On April 29, Tether led a $14 million Series A funding round for the Latin American digital wallet platform Belo, with participation from Titan Fund, The Venture City, Mindset Ventures, and G2. Belo stated that it will use the new funds to expand into markets in Mexico, Chile, Colombia, Peru, Bolivia, and Paraguay, while continuing to strengthen its operations in Brazil, focusing on serving freelancers, remote workers, and users involved in cross-border money transfers. Founded in 2021 and headquartered in Buenos Aires, Argentina, Belo currently has over 3 million users in Latin America. Its product is a digital wallet based on cryptocurrency infrastructure, allowing users to hold and transfer local currencies and 'digital dollars' (stablecoins). Reports indicate that stablecoins have rapidly gained popularity in emerging markets like Latin America in recent years, primarily used for inflation hedging, cross-border remittances, and bypassing high-cost foreign exchange systems. Belo integrates payments, currency exchange, and cross-border transfers into a single application process, utilizing cryptocurrency infrastructure for backend settlement to reduce costs and delays associated with cross-border transfers.

[Latin American Digital Wallet Platform Belo Secures $14 Million in Series A Funding Led by Tether]On April 29, Tether led a $14 million Series A funding round for the Latin American digital wallet platform Belo, with participation from Titan Fund, The Venture City, Mindset Ventures, and G2. Belo stated that it will use the new funds to expand into markets in Mexico, Chile, Colombia, Peru, Bolivia, and Paraguay, while continuing to strengthen its operations in Brazil, focusing on serving freelancers, remote workers, and users involved in cross-border money transfers. Founded in 2021 and headquartered in Buenos Aires, Argentina, Belo currently has over 3 million users in Latin America. Its product is a digital wallet based on cryptocurrency infrastructure, allowing users to hold and transfer local currencies and 'digital dollars' (stablecoins). Reports indicate that stablecoins have rapidly gained popularity in emerging markets like Latin America in recent years, primarily used for inflation hedging, cross-border remittances, and bypassing high-cost foreign exchange systems. Belo integrates payments, currency exchange, and cross-border transfers into a single application process, utilizing cryptocurrency infrastructure for backend settlement to reduce costs and delays associated with cross-border transfers.

Latin American Digital Wallet Platform Belo Secures $14 Million in Series A Funding Led by Tether

Who would have believed that two men with a combined net worth of over $600 billion would engage in a petty online spat like elementary school students?

[Musk and Ultraman Case Begins, Both Sides Exchange Heated Remarks]Who would have believed that two men with a combined net worth of over $600 billion would engage in a petty online spat like elementary school students?

Musk and Ultraman Case Begins, Both Sides Exchange Heated Remarks

On April 28, according to The Information, Google has signed an agreement with the U.S. Department of Defense that allows the Department to use Google's artificial intelligence for 'any legal government purpose'. (Jin Shi)

[Google Signs Agreement with U.S. Department of Defense to Use AI for 'Any Legal Government Purpose']On April 28, according to The Information, Google has signed an agreement with the U.S. Department of Defense that allows the Department to use Google's artificial intelligence for 'any legal government purpose'. (Jin Shi)

Google Signs Agreement with U.S. Department of Defense to Use AI for 'Any Legal Government Purpose'

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