Tether leads Belo's $14 million raise to expand stablecoin payments across Latin America

Galaxy Digital reported a net loss of $216 million in the first quarter of 2026 due to the sluggish cryptocurrency market. （Cointelegraph）

The spot gold price fell by more than 1% within the day, now trading at $4551.07 per ounce.

According to Visa's announcement, Polygon has been officially included in its global stablecoin settlement program, and partners can complete stablecoin settlements through the Polygon network. Visa stated that the annualized operational scale of the program reached $7 billion this quarter, an increase of 50% compared to three months ago. Polygon claims that its network has Asia US graded transaction fees, a final confirmation time of about 4 seconds for transactions, and is used for financial settlements by institutions such as Stripe, Revolut, Flutterwave, and BlackRock.

Startup Fence uses blockchain technology and tokenization in the background to automate processes that many asset managers still rely on manual workflows. What to know : Fintech firm Fence raised $20 million in a funding round led by Galaxy Digital to modernize the largely manual $6 trillion asset-backed finance market. The startup uses blockchain, smart contracts and tokenization behind the scenes to automate loan tracking, reporting and payments, but it doesn't want to be seen as a "blockchain company," CEO Juan Montero said. The company works with major clients such as BBVA, BlackRock and Fortress, and plans to use funds for expanding in the U.S.

[AftermathFi Perpetual Contract Exploited, Losing $1.1 Million] According to monitoring by Blockaid, the AftermathFi perpetual contract on the Sui Network was exploited on April 29. The attacker, using address 0x1a65…2d41e, stole approximately $1.1 million USDC through 11 transactions within 36 minutes. The attack exploited a calculation vulnerability in the perpetual contract's liquidation fee mechanism, using synthetic collateral to fraudulently inflate withdrawals.