NiftyNoon | Weekly Crypto News & Blockchain Insights

Stablecoin Rails, Strategic BTC Reserves & DeFi's Stress Test


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In this episode of NiftyNoon Weekly Crypto Recap, we break down a massive week in crypto:

• April's DeFi bloodbath: 28 exploits, $635M drained, headlined by the $292M KelpDAO bridge hack that triggered a $10B liquidity run on Aave and a $300M industry rescue

• Visa expands stablecoin settlement to 9 blockchains with a $7B annualized run rate (+50% QoQ)

• Western Union confirms Solana-based USDPT stablecoin launch via Anchorage Digital

• US Strategic Bitcoin Reserve upgrade: White House teases "big announcement," ARMA legislation aims to make BTC a permanent reserve asset

• CFTC sues states over prediction market jurisdiction; Polymarket refers soldier to DOJ over classified intel bet

• NFT market surges past $2B market cap — BAYC reclaims 10 ETH floor, CryptoPunk #4099 sells for 64.88 ETH

Tune in for your daily dose of crypto news, signals, and narrative!

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NiftyNoon | Weekly Crypto News & Blockchain InsightsBy The NiftyNoon Team | Web3 & Crypto OGs