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Despite growing competition from emerging issuers, the stablecoin market remains largely dominated by a few key players. According to data from Web3 research firm Nansen, Tether’s USDt continues to lead among US dollar-pegged stablecoins, even as competition intensifies.As of April 25, Tether (USDT) has a roughly 66% market share among stablecoins, compared to around 28% for USDC (USDC), Nansen said in the April 25 report. Ethena’s USDe stablecoin ranks a distant third, touting a market share of just over 2%. Nansen expects Tether’s lead to endure even as rivals such as USDC clock faster growth rates. “With nearly 3x as many…

Despite growing competition from emerging issuers, the stablecoin market remains largely dominated by a few key players. According to data from Web3 research firm Nansen, Tether’s USDt (USDT) continues to lead among US dollar-pegged stablecoins, even as competition intensifies.As of April 25, Tether has a roughly 66% market share among stablecoins, compared to around 28% for USDC (USDC), Nansen said in the April 25 report. Ethena’s USDe stablecoin ranks a distant third, touting a market share of just over 2%. Nansen expects Tether’s lead to endure even as rivals such as USDC clock faster growth rates. “With nearly 3x as many…

Chinese tech company Alibaba on Monday released Qwen 3, a family of AI models the company claims matches and in some cases outperforms the best models available from Google and OpenAI. Most of the models are — or soon will be — available for download under an “open” license from AI dev platform Hugging Face and GitHub. They range in size from 0.6 billion parameters to 235 billion parameters. Parameters roughly correspond to a model’s problem-solving skills, and models with more parameters generally perform better than those with fewer parameters. The rise of China-originated model series like Qwen have increased…

Hong Kong CNN  —  China and the Philippines have each unfurled their national flags on tiny sandbars in the South China Sea, staking competing sovereignty claims in strategic waters seen as a potential flashpoint for global conflict. The rival photo opportunities unfolded on Sandy Cay, a string of three uninhabited sandbars which lie near a Philippine military outpost in the disputed Spratly Islands. The release of the images comes as US and Philippine forces hold their largest-ever annual joint military drills in nearby waters – and just weeks after US Defense Secretary Pete Hegseth vowed to enhance America’s military alliance…

Lawmakers in the Arizona House of Representatives passed two bills that could allow the state to adopt a reserve using Bitcoin (BTC) or other cryptocurrencies.In a third reading on April 28 of Senate Bill 1025 (SB1025), a proposal to amend Arizona’s statutes to allow for a strategic BTC reserve, 31 members of the Arizona House voted in favor of the bill, with 25 opposed. A similar bill, SB1373, to establish a state-level digital assets reserve, passed with 37 lawmakers in favor and 19 voting nay.“This bill basically takes the approach that probably 15 other states are considering the same legislation…

Key takeaways: A week full of US macroeconomic reports could impact Bitcoin traders’ sentiment. Bitcoin’s rally could stall if there’s a sharp reduction in spot buy volumes.If PCE, the ISM PMI, and jobs data align with market expectations, BTC could rally. Bitcoin (BTC) price could face a period of range-bound trading after managing a 10.37% rally over the past 7 days. Robust spot purchasing demand from Strategy, the spot BTC ETFs, and announcements from 21Shares and Coinbase played a role in Bitcoin’s rally to $95,700. With the exception of the April 28 announcement of a $1.42 billion BTC purchase from Strategy, a quiet…

A bogus Queens doctor accused of killing a patient during a botched butt implant procedure was nabbed waiting for his Starbucks order at Kennedy Airport while trying to flee the country, prosecutors said Monday. Felipe Hoyos-Foronda admitted to giving “hundreds” of butt implant injections from his home in Astoria before the March 28 procedure on María Paz Peñaloza Cabrera, 31, proved fatal, according to Queens prosecutors. After he couldn’t revive her using CPR he got in his car and hightailed it to the airport, prosecutors say he admitted. “I booked the flight while I was driving,” he told investigators, according…

Gold-backed cryptocurrencies have spiked in value amid the global trade war unleashed by US President Donald Trump’s April 2 tariffs.Tether Gold (XAUT) and Paxos Gold (PAXG) reached all-time highs on April 22, with Tether Gold touching $3,529 and Paxos Gold recording a peak of $3,520, according to data from CoinMarketCap. Two other gold-backed cryptocurrencies — Quorium (QGOLD) and Kinesis Gold (KAU) — have seen rises of 8.5% and 7.6%, respectively, in the past 30 days. All four tokens are up 40% or more in the past 12 months, CoinGecko data shows.Related: Tether clocks $13B in 2024 profits, US bond holdings…

Massachusetts Senator Elizabeth Warren has called on government officials to address questions related to US President Donald Trump’s memecoin and his media company.In an April 25 letter to Jamieson Greer, acting director of the US Office of Government Ethics (OGE), Warren, a Democrat from Massachusetts, and California Democratic Senator Adam Schiff requested that officials address concerns about Trump’s memecoin after the president announced a dinner and White House tour for some of the individuals who held the most TRUMP tokens. The two senators requested that Greer provide information on safeguards and guidelines related to whether foreign actors and others could…

Hugging Face, the startup best known for the AI developer platform of the same name, is selling a programmable, 3D-printable robotic arm that can pick up and place objects and perform a few other basic chores. Called the SO-101, the arm is the follow-up to Hugging Face’s previous robotic arm, the SO-100, released last year. The company’s robotics division, LeRobot, partnered with French robotics firm The Robot Studio to debut the SO-100 for around $100 in October. Hugging Face teamed up with The Robot Studio once again for the SO-101, as well as with robotics store Wowrobo, IoT hardware supplier…