The post Pi Network Pushes AI and Identity Vision at Consensus 2026 appeared first on Coinpedia Fintech News

Pi Network founders Chengdiao Fan and Nicolas Kokkalis took the stage at Consensus 2026, highlighting the convergence of AI, Web3, and blockchain to an audience of over 20000 attendees. Fan emphasized leveraging Pi’s KYC-verified base of over 50 million users to build practical AI-driven applications, while Kokkalis focused on secure digital identity without compromising privacy. With its open mainnet launched in February 2025 and more than 10 billion PI tokens now active on chain, Pi Network is preparing to introduce smart contracts through Protocol 23. The project aims to expand real-world utility and strengthen its ecosystem after facing earlier concerns over delays.

The post Upbit Lists Dogwifhat WIF Across KRW, BTC, and USDT Markets appeared first on Coinpedia Fintech News

Upbit has confirmed the listing of Dogwifhat, a fast-growing meme token on the Solana network known for its strong community-driven momentum. The token, inspired by a viral Shiba Inu image, has seen rising trading activity across global markets. Trading for WIF will begin at 16:00 KST on May 6, 2026, across KRW BTC and USDT pairs. The listing is expected to boost liquidity, expand market access, and increase exposure among South Korean investors.

The post Iggy Azalea Faces Lawsuit Over MOTHER Memecoin Claims appeared first on Coinpedia Fintech News

Iggy Azalea is facing a class action lawsuit in the United States over claims she misled investors about her MOTHER token built on Solana by promoting unrealized utility, integrations, and ongoing development. Plaintiffs say these claims influenced buying decisions and led to heavy losses after the token fell over 99% from its peak. The case also raises concerns about undisclosed market-maker arrangements and highlights increasing regulatory scrutiny of celebrity-backed crypto projects and investor protection.

The post KelpDAO Shifts to Chainlink CCIP Following $292M Exploit Dispute appeared first on Coinpedia Fintech News

KelpDAO announced it will migrate its rsETH token from LayerZero to Chainlink CCIP after an April 18 exploit that drained 116,500 rsETH, worth about $292 million. The protocol blamed LayerZero’s single verifier setup and lack of warnings during integration. LayerZero CEO Bryan Pellegrino responded that Kelp chose the risky configuration despite guidance to use multiple verifiers. The disagreement has divided the community, with some backing Chainlink’s stronger security model and others raising concerns over both sides.

The post a16z Crypto Raises $2.2B appeared first on Coinpedia Fintech News

Andreessen Horowitz’s crypto arm has raised $2.2 billion for its fifth fund, bringing total commitments across all funds to $9.8 billion. The firm said crypto is moving into a more mature phase driven by real-world use cases like stablecoins, on-chain lending, and blockchain-based capital markets. Partners highlighted long-term infrastructure growth supported by evolving regulation, including the 2025 GENIUS Act. The fund signals continued strong venture confidence in practical crypto applications despite weak market prices.

The post Kraken Partners With MoneyGram for Global Crypto Cashouts appeared first on Coinpedia Fintech News

Kraken has teamed up with MoneyGram to let users cash out crypto at nearly 500,000 locations in over 100 countries. Co CEO Arjun Sethi said it targets users in volatile markets who use crypto for savings and payments. The partnership strengthens Kraken’s global off-ramp system and improves access to local fiat. It also supports the company’s wider expansion strategy, following recent acquisitions and its ongoing preparations for a possible public listing.

The post Coinbase to Cut 14% of its Jobs appeared first on Coinpedia Fintech News

Coinbase will cut about 14 of its workforce as it responds to weak crypto market conditions and the rising impact of artificial intelligence on productivity. CEO Brian Armstrong said the company is moving toward a leaner and more AI native structure. This includes reducing management layers and building smaller, more efficient teams. The goal is to improve speed and efficiency while adapting to how AI is changing work across the industry and preparing for future market cycles.

The post Bullish Acquires Equiniti in $4.2B Deal appeared first on Coinpedia Fintech News

Bullish has agreed to acquire Equiniti in a 4.2 billion dollar deal that brings together a crypto exchange and a major global transfer agent. Equiniti works with nearly 3000 public companies, including Berkshire Hathaway and Moody’s, and processes large-scale shareholder services. The combined business plans to build a tokenized securities infrastructure offering 24/7 trading, real-time settlement, and stablecoin-based payments. The move signals a push to modernize traditional financial markets using blockchain technology. The deal is expected to close in January 2027 pending regulatory approvals.

The post Standard Chartered’s SC Ventures Invests in Crypto Firm GSR appeared first on Coinpedia Fintech News

Standard Chartered’s SC Ventures has invested in crypto market maker GSR, becoming its first external strategic investor since the firm was founded in 2013. The investment, part of a broader partnership, highlights growing ties between traditional finance and digital assets. GSR, one of the largest crypto liquidity providers, recently also invested in Libeara, a tokenization platform backed by SC Ventures. The collaboration aims to strengthen crypto capital markets and expand institutional adoption of digital asset infrastructure.

The post Polygon Introduces Private Stablecoin Payments appeared first on Coinpedia Fintech News

Polygon Labs has introduced shielded payments for USDC and USDT in its wallet, enabling users to send funds privately through Hinkal’s system instead of standard on-chain transfers. The feature uses zero-knowledge proofs to hide sender, receiver, and transaction details while still verifying activity on the network. Each transfer is checked through KYT screening to ensure compliance. The system remains non-custodial, allowing users to keep full control of their funds while improving privacy and usability.

The post Capital B and Adam Back Raise €1.1M for Bitcoin Strategy appeared first on Coinpedia Fintech News

Capital B has raised €1.1 million alongside Adam Back while revising its B-04 convertible bond terms to speed up its Bitcoin treasury plan. The adjustment lowers the conversion price and improves incentives for future conversion into equity. This move is part of Capital B’s wider strategy to accumulate more Bitcoin and strengthen its position as a Bitcoin-focused treasury company amid rising institutional participation in digital asset markets.

The post GameStop Bids $56B To Acquire eBay at $125 Per Share appeared first on Coinpedia Fintech News

GameStop CEO Ryan Cohen has proposed a $56 billion acquisition of eBay at $125 per share, after quietly building a 5% stake. The offer is non-binding and financed through a mix of cash reserves, bank debt, and newly issued shares. Cohen aims to merge GameStop’s physical retail network with eBay’s online marketplace, focusing on collectibles, live shopping, and operational cost cuts. While both stocks jumped on the news, eBay has not responded, and a potential proxy battle could follow if talks stall.

The post Bitcoin and Ethereum ETFs See Strong Inflows on May 1 appeared first on Coinpedia Fintech News

On May 1, U.S. spot Bitcoin ETFs recorded strong net inflows of $630 million, signaling renewed institutional demand and continued dominance in crypto investment products. At the same time, spot Ethereum ETFs attracted $101 million in inflows, marking a recovery after recent outflows and showing steady investor interest. Together, these flows highlight growing confidence in regulated crypto exposure, as ETFs remain a key gateway for institutional capital entering the digital asset market.