Former head of Binance Russia sentenced to five years in prison for fraud

According to Onchain Lens monitoring, the Pendle Finance team has deposited 600000 PENDLEs worth approximately $1.27 million into Binance.

[Machi Big Brother's Long Positions Lose $2.16 Million in a Week] According to on-chain analyst Ai Yi (@ai 9684xtpa), Machi Big Brother's long positions have lost $2.16 million over the past week, nearly wiping out all profits from the past month, leaving only $187,000 in remaining gains. Currently, he holds $40.6 million worth of long positions in BTC and ETH, including 14,200 ETH valued at $32.4 million and 101 BTC valued at $8.18 million, with an overall unrealized loss of $484,000.

Sota Watanabe, CEO of Startale, a Japanese Web3 infrastructure company, announced that it will launch the world's first bank backed Japanese yen stablecoin, JPYSC, within a few months. The goal is to use the yen as the lowest cost financing currency to invest in high growth assets such as US stocks on the chain. In March of this year, Startale Labs announced the completion of a $630 million Series A funding round, led by Sony Innovation Fund, with participation from Samsung Next, UOB Venture Management, and SBI Holdings.

BBX News: Upexi's Q3 revenue was $4.56 million (+43.8%), SOL's holdings expanded by 9% to over 2 million, resulting in a net loss of $109 million (mainly non cash) and a stock price of -8%; Prenetics cleared 510 BTC worth approximately $40 million (exiting at a loss), to be completed before May 14th, with funds reinvested into the IM8 brand; Sharps Technology has over 2 million SOLs, 95% pledged, annualized at 7%, and is currently operating as a verified node by Coinbase. Core points: Upexi (NASDAQ: UPXI): Q3 revenue of $4.56 million (+43.8%), net loss of $109 million ($92.3 million non cash), SOL+189000 (+9%), over 2 million pieces; $36 million convertible bonds+$7.4 million targeted issuance; Target July cash flow neutrality; Stock price -8%. - Prenetics (NASDAQ: PRE): Clearing 510 BTC worth approximately $40 million (daily purchase accumulation from August 2025, loss exit), to be completed before May 14th; After clearing the warehouse, the current assets are $145-150 million with no debt; Capital reinvestment of $40 million repurchase plan and IM8 brand promotion. Sharps Technology (NASDAQ: STSS): Over 2 million SOLs (average price approximately $195), 95% pledged, Coinbase institutional verification nodes, annualized 7%; SOL is about $135-140, with a floating loss of about 30% on the books; Continuous and regular disclosure of pledged income. Source: bbx.com

Cosmos Hub and Cosmos Labs have confirmed that Injectable USDC will become the primary stablecoin standard for the Cosmos ecosystem and dYdX, and have committed to providing at least four years of support. DYdX will be the first to complete the migration, and Skip Protocol's Skip: Go will use Injective USDC as the default USDC. Cosmos Labs will release migration tools to help chains and applications migrate from other USDC sources. Earlier this year, Noble withdrew from the Cosmos platform, resulting in the loss of long-term distribution sources. Injective will fill the gap and undertake over $100 million in issuance.