Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Billionaire investor Grant Cardone says his company, Cardone Capital, is preparing to tokenise about $5 billion in U.S. real estate assets, aiming to turn property equity into digital tokens that can improve liquidity and act as collateral in secondary markets. The firm is exploring Layer 2 blockchain partners to support high‑volume token issuance and lower transaction costs as part of a broader strategy that includes holding Bitcoin. This push reflects growing interest in real estate tokenisation, projected to expand significantly despite regulatory hurdles.

ZKsync has announced that ZKsync Lite will be retired on May 4, 2026, with block production stopping and the network’s final state permanently frozen to ensure balances cannot change. Launched as a payment-focused ZK-rollup, ZKsync Lite helped demonstrate the potential of zero-knowledge technology, but the project is now concentrating on newer chains and the broader zkSync ecosystem. Users can still claim their funds, and other ZKsync systems will continue operating without disruption.

South Korea’s National Tax Service accidentally exposed the recovery seed phrase of a seized crypto wallet in a public press release photo, leading attackers to drain about $4.8 million worth of PRTG tokens shortly afterward. The leaked seed phrase gave full control of the wallet, allowing transfers to unknown addresses within hours. Experts say the mistake highlights serious gaps in how authorities handle and secure sensitive digital asset information, raising concerns about institutional readiness for crypto regulation and custody.

The UK Gambling Commission is exploring allowing cryptocurrency payments for bets, starting discussions on how digital assets could be used by licensed gambling operators in the country. This move comes as the Financial Conduct Authority advances its digital asset regulatory framework, with new crypto rules expected to take effect by October 2027, and could open the door for gambling firms to seek crypto‑related licences under the updated regime. Regulators say the change could help protect consumers and reduce illegal gambling, though challenges like anti‑money laundering checks and crypto volatility remain key concerns.

Minnesota legislators introduced House File 3642, a bill that would ban the placement and operation of all cryptocurrency kiosks, physical crypto ATMs, across the state by prohibiting anyone from installing or running them. The proposal also calls for repealing existing rules that regulate kiosk licensing, require disclosures, set transaction limits, and govern consumer protections, effectively dismantling the current legal framework. Supporters say the ban aims to reduce scams tied to these machines, while critics worry it could limit access to digital currency services for residents

Marathon Digital Holdings (MARA) reported a $1.7 billion net loss in Q4 2025, down from a $528 million profit last year, mainly due to a $1.5 billion write-down on its Bitcoin after BTC fell about 30%. Revenue dropped 6% to $202.3 million, and adjusted EBITDA was negative $1.49 billion. By year-end, MARA held 53,822 BTC, with about 28% loaned or pledged, highlighting how Bitcoin price swings can hit the company’s earnings hard.

Bitcoin is trading near $67,000 after a volatile week that pushed it down to $64,000 following President Donald Trump’s 15 percent global tariff announcement and over $1 billion in liquidations. Analyst Willy Woo sees a possible bear market bottom near $45,000, with some warning of $30,000 if support fails. Meanwhile, Bitwise CIO Matt Hougan and MicroStrategy’s Michael Saylor argue the pullback is healthy, pointing to whale accumulation and long term cycle trends for a potential rebound.

At the Bitcoin for Corporations conference in Las Vegas, Morgan Stanley’s Head of Digital Asset Strategy, Amy Oldenburg, confirmed that the Wall Street bank plans to create its own Bitcoin custody and trading infrastructure for clients. The firm, which manages nearly $9 trillion in assets, is also exploring Bitcoin‑based yield and lending products as part of its broader digital asset roadmap. Oldenburg said developing these services internally is essential and a natural next step, though the bank is still early in the process.

Terra Classic (LUNC) jumped 26.69% to $0.0000459 in 24 hours, sharply outperforming a mostly flat crypto market. The rally is driven by a rotation of capital into speculative altcoins, reflected in a rising Altcoin Season Index and extreme gains in low-cap tokens. A high-volume breakout above the 200-day simple moving average at $0.0000447 and key Fibonacci resistance confirms strong buyer momentum. If LUNC holds this support, it could target $0.0000494, while a drop could trigger a pullback toward $0.0000400.

Citibank plans to roll out Bitcoin infrastructure later this year to bring the cryptocurrency into mainstream finance, an executive said at the Strategy World event. The initiative will start with institutional‑grade custody, key management, and wallet services, allowing clients to manage BTC alongside stocks and bonds within existing tax, reporting, and compliance systems. Citi has been building this capability for years, aiming to make Bitcoin easier and safer for large institutions to use while fitting it into traditional financial systems.