BitMine just bought 101,745 more Ethereum and now owns 5.18 million ETH, representing 4.3% of the entire supply. Tether reported a $1.04 billion profit for Q1 2026 with reserves growing to a record $8.23 billion. The U.S. seized nearly $500 million in Iranian crypto assets. Meanwhile, an AI model was tricked into transferring $150,000, Western Union launched a stablecoin on Solana, and Bitcoin surpassed $80,000 again. Here’s a clear look at the most important crypto and tech stories making headlines.<\/p>\n\n\n
If you want to buy, sell, or swap crypto instantly, try Paybis<\/a> now.<\/strong><\/p>\n <\/div>\r<\/div>\n\n\n BitMine purchased 101,745 ETH<\/a> last week, increasing total holdings to approximately 5.18 million ETH. The company now controls 4.3% of Ethereum’s entire supply.<\/p>\n\n\n\n One company owning 4.3% of all Ethereum is staggering. That’s over $10 billion worth of ETH at current prices. When a single entity accumulates this much of a major cryptocurrency, they become a systemic player who can influence markets just by moving funds.<\/p>\n\n\n\n Tether reported<\/a> a profit of $1.04 billion for Q1 2026, with reserve buffer growing to a record $8.23 billion. The stablecoin issuer continues generating massive profits despite market volatility.<\/p>\n\n\n\n Tether making over a billion dollars in one quarter shows how profitable stablecoin issuance has become. They hold billions in Treasury bonds and other assets backing USDT. The interest and profits from those holdings create an $8 billion cushion above what they need to back circulating stablecoins.<\/p>\n\n\n\n The U.S. seized<\/a> Iranian crypto assets worth nearly $500 million as part of Operation Economic Fury. The seizure represents one of the largest government confiscations of cryptocurrency.<\/p>\n\n\n\n Five hundred million dollars seized from Iran proves governments can track and confiscate crypto at massive scale. Operation Economic Fury shows the U.S. using crypto seizures as economic warfare. When sanctions don’t work, they go after the digital assets directly.<\/p>\n\n\n\n An AI model named Grok<\/a> was manipulated to transfer around $150,000 in DRB tokens. The exploit demonstrates vulnerabilities in AI systems with access to crypto wallets.<\/p>\n\n\n\n Someone tricked an AI into sending $150,000 by manipulating how it understood commands. AI agents controlling crypto wallets create new attack vectors. You don’t need to hack the wallet. You just need to convince the AI that it should send money somewhere.<\/p>\n\n\n\n Tether minted<\/a> 1 billion USDT. The massive issuance adds significant liquidity to crypto markets and signals institutional demand for stablecoins.<\/p>\n\n\n\n One billion new USDT means a billion real dollars just entered the crypto ecosystem. Tether doesn’t randomly print stablecoins. Someone deposited a billion dollars to get these tokens. This level of minting usually precedes major buying activity.<\/p>\n\n\n\n Western Union launched a stablecoin, USDPT, on the Solana blockchain. The move brings one of the world’s largest money transfer companies into stablecoin issuance.<\/p>\n\n\n\n Western Union entering stablecoins is massive for mainstream adoption. They move billions in remittances annually using traditional rails. Launching USDPT on Solana means they see blockchain as cheaper and faster than their existing infrastructure.<\/p>\n\n\n\n Polymarket fees reached $43.36 million in April, equivalent to approximately $520 million annually. The platform dominates the blockchain prediction market space.<\/p>\n\n\n\n Polymarket generating $43 million in fees in one month means they’re processing serious volume. Annualized, that’s over half a billion in fee revenue. When prediction markets reach this scale, they’re becoming real financial infrastructure.<\/p>\n\n\n\n Bitcoin surpassed $80,000 once again. The price recovery shows renewed market confidence after months of decline.<\/p>\n\n\n\n Bitcoin back above $80,000 reverses the trend that saw it drop 22% in Q1. When the price crosses major psychological levels like $80K, it signals a change in sentiment. Buyers are willing to pay more again.<\/p>\n\n\n\nBitMine Now Owns 5.18 Million ETH, 4.3% of Total Supply<\/h2>\n\n\n\n
Tether Reports $1.04 Billion Q1 Profit, Reserves Hit $8.23 Billion<\/h2>\n\n\n\n
U.S. Seizes Nearly $500 Million in Iranian Crypto Assets<\/h2>\n\n\n\n
AI Model Tricked Into Transferring $150,000 in Tokens<\/h2>\n\n\n\n
Tether Mints 1 Billion USDT<\/h2>\n\n\n\n
Western Union Launches USDPT Stablecoin on Solana<\/h2>\n\n\n\n
Polymarket Fees Hit $43.36 Million in April<\/h2>\n\n\n\n
Bitcoin Surpasses $80,000 Again<\/h2>\n\n\n\n
Tether Buys Over 6 Tons of Gold, Total Holdings Exceed 132 Tons<\/h2>\n\n\n\n