Cryptonews

Well, I’ll be jiggered! Kraken’s parent, Payward, has managed to keep its head above water in the first quarter, reporting a tidy $507 million in adjusted revenue, up 3% from last year. Not bad for a crypto firm in a market that’s been as wobbly as a three-legged chair. The old boys in Wyoming have been diversifying like a chap with a sudden penchant for exotic cheeses, expanding beyond spot crypto trading into futures and other whatnots.

According to Goldman Sachs’s own Q1 2026 13F filing, the house has jetted the entire carcass of its XRP and Solana ETF holdings. Imagine a still lake in February, when a sudden breeze sends ripples far beyond the shore-this is no less dramatic.

The company announced it bought 71,672 ETH, a significant jump from the 26,000 it purchased last week. This is especially noteworthy because a company representative recently stated they planned to reduce their ETH buying activity.

In a conversation with Coinpedia, Moona Ederveen-Schneider, a woman who has doubtless spent more hours pondering quantum threats than most of us have spent misplacing our keys, offered a prognosis as bleak as a Chekhovian finale. The crypto industry, she warns, may already be skating on thin ice, its time to prepare for the quantum deluge rapidly slipping away.

The update called fixCleanup3_1_3 is now active and will be fully implemented on May 27, 2026.

This places XRPL among the speediest rakes in the worldwide RWA circus. Backed by an educator from the XRP community and a commentator called @Xfinancebull, we’ve seen that in five short months the ledger has swallowed more than $3.5 billion of real‑world assets. The commentator, in a grandiose speech on X, called it “pivotal proof of institutional conundrums who waylay functional infrastructure over mere speculation.” He asked the usual question: “Why do folks keep hating on Ripple when XRPL is up 63% this month on the RWA League Table?”

Okay, so Bloomberg is reporting that Standard Chartered has officially restructured its crypto custody services. Basically, they’re moving it out of their venture arm and integrating it directly into their main, regulated banking operations. As a crypto investor, this is huge – it’s the clearest sign yet that a major, globally important bank is taking digital asset custody seriously and treating it like a standard banking service, not just a side project. It feels like a real step towards mainstream adoption.

The pilot program utilizes a secure system developed by the AI@Sygnum team. It’s powered by Anthropic’s Claude AI and ensures that private keys remain safely stored on the user’s device.

According to a Bloomberg report on Friday, recent layoffs at Payward, known as Kraken, were due to improvements in efficiency made possible by the company’s use of artificial intelligence. The source also stated that, for the time being, Kraken doesn’t plan any further layoffs, despite increasingly using AI tools throughout the organization.

Investors are particularly worried about the recent, significant increase in U.S. Treasury yields. These yields, which represent the return on government bonds, have reached their highest levels in years, making it more expensive for businesses and individuals to borrow money.