Solana Foundation and Google Cloud Launch Pay.sh
Pay sh is a gateway service that enables AI agents to discover, access, and pay for APIs on a per-request basis using stablecoins on Solana, with no accounts, API keys, or subscriptions required.
The service is built on open standards x402 and MPP, machine-native payment protocols, with payments settled in stablecoins on Solana and reconciled to providers in fiat.
👉 x.com/SolanaFndn/status/2051698987304956281?s=20
Pay sh is a gateway service that enables AI agents to discover, access, and pay for APIs on a per-request basis using stablecoins on Solana, with no accounts, API keys, or subscriptions required.
At launch, Pay sh supports official Google Cloud APIs including Gemini, BigQuery, Vertex AI, and Cloud Run, alongside 50+ community API providers covering ecommerce, market data, communications, and onchain infrastructure.
The service is built on open standards x402 and MPP, machine-native payment protocols, with payments settled in stablecoins on Solana and reconciled to providers in fiat.
👉 x.com/SolanaFndn/status/2051698987304956281?s=20
Price Discovery Board: KAIO (KAIO)
KAIO trading starts today at 13:00 UTC, backed by $19M in funding. This board compares potential FDV scenarios using benchmarks from other RWA projects like Lumia, REAL, Plume, and Centrifuge.
KAIO trading starts today at 13:00 UTC, backed by $19M in funding. This board compares potential FDV scenarios using benchmarks from other RWA projects like Lumia, REAL, Plume, and Centrifuge.
Kelp DAO Migrates rsETH to Chainlink after $292M Exploit
Kelp DAO has confirmed it is migrating rsETH liquid restaking token away from LayerZero's OFT standard to Chainlink's CCIP. Kelp also published screenshots of communications with LayerZero personnel showing the company's team approved responsiblity for the loss.
The exploit cascaded across at least nine lending protocols and wiped $6.6 billion from Aave's TVL, with rsETH holders across 20+ L2 networks facing uncertainty over their token backing.
👉 x.com/KelpDAO/status/2051755467328913637?s=20
Kelp DAO has confirmed it is migrating rsETH liquid restaking token away from LayerZero's OFT standard to Chainlink's CCIP. Kelp also published screenshots of communications with LayerZero personnel showing the company's team approved responsiblity for the loss.
Nearly half of LayerZero contracts were using a single-validator setup prior to the exploit, LayerZero has since enforced mandatory adoption of multi-validator configs.
The exploit cascaded across at least nine lending protocols and wiped $6.6 billion from Aave's TVL, with rsETH holders across 20+ L2 networks facing uncertainty over their token backing.
👉 x.com/KelpDAO/status/2051755467328913637?s=20
Bitcoin Climbs to #11 as Global Markets Add $4T in 30 Days
Global asset markets staged a broad recovery in April–May 2026, with nearly every name in the top 15 posting double-digit gains — led by Broadcom (+35.8%), Amazon (+30.4%), and Alphabet (+30.5%).
Bitcoin joined the rally with a +17.8% move to $81,520, adding $247B in market cap and rising to #11, while Samsung re-entered the top 15 and became only the third non-US company — alongside TSMC and Saudi Aramco — to cross the $1 trillion market cap threshold.
Global asset markets staged a broad recovery in April–May 2026, with nearly every name in the top 15 posting double-digit gains — led by Broadcom (+35.8%), Amazon (+30.4%), and Alphabet (+30.5%).
Bitcoin joined the rally with a +17.8% move to $81,520, adding $247B in market cap and rising to #11, while Samsung re-entered the top 15 and became only the third non-US company — alongside TSMC and Saudi Aramco — to cross the $1 trillion market cap threshold.
Ekubo Protocol Exploited for $1.4 Million in WBTC
Ekubo Protocol suffered an exploit on its Ethereum router contract, with attackers draining 17 WBTC worth approximately $1.4M. Users who had previously granted token approvals to the vulnerable contract were urged to revoke access immediately.
The issue came from a failed forward() call that did not revert, allowing the attacker to use the callback function to transfer approved tokens from user wallets. Most of the stolen funds reportedly came from one wallet with an old unlimited WBTC approval.
The vulnerability impacted EVM router contracts on Ethereum and Arbitrum, but did not affect Starknet users, liquidity providers, or the core protocol itself.
👉 x.com/GoPlusSecurity/status/2051877998090162541
Ekubo Protocol suffered an exploit on its Ethereum router contract, with attackers draining 17 WBTC worth approximately $1.4M. Users who had previously granted token approvals to the vulnerable contract were urged to revoke access immediately.
The issue came from a failed forward() call that did not revert, allowing the attacker to use the callback function to transfer approved tokens from user wallets. Most of the stolen funds reportedly came from one wallet with an old unlimited WBTC approval.
The vulnerability impacted EVM router contracts on Ethereum and Arbitrum, but did not affect Starknet users, liquidity providers, or the core protocol itself.
👉 x.com/GoPlusSecurity/status/2051877998090162541
WLFI launches WorldRouter for AI agents with USD1 payments
World Liberty Financial and WorldClaw introduced WorldRouter, a shared infrastructure layer that gives users access to 300+ AI models through one account while combining model usage, payments, and execution in a single system.
The platform uses USD1 as the settlement layer across Solana and BNB Chain, allowing agents to execute tasks and handle payments inside one shared system.
Users can also lock WLFI to gain access to premium AI hardware for local execution, higher-tier platform access, and exclusive events.
👉 x.com/worldlibertyfi/status/2051659743513473486?s=20
World Liberty Financial and WorldClaw introduced WorldRouter, a shared infrastructure layer that gives users access to 300+ AI models through one account while combining model usage, payments, and execution in a single system.
The platform uses USD1 as the settlement layer across Solana and BNB Chain, allowing agents to execute tasks and handle payments inside one shared system.
Users can also lock WLFI to gain access to premium AI hardware for local execution, higher-tier platform access, and exclusive events.
👉 x.com/worldlibertyfi/status/2051659743513473486?s=20
OpenTrade Raises $17M To Scale Stablecoin Yield Infrastructure
OpenTrade has raised $17M in a strategic round led by Mercury Fund and Notion Capital, with participation from a16z crypto, AlbionVC, and CMCC Global. The round brings total funding above $30M as the firm pushes deeper into stablecoin and RWA yield infrastructure.
Unlike typical DeFi vault curators, Curation+ integrates regulated asset management oversight, targeting fintechs, neobanks, treasuries, and issuers. It aims to blend traditional yield instruments with onchain distribution models.
One of its live implementations is through Sierra Protocol, where the SIERRA token is backed by curated vaults containing money market funds, commercial paper, and trade finance exposure.
👉 theblock.co/post/400187/opentrade-raises-17m-to-expand-stablecoin-yield-infrastructure-after-topping-200m-tvl
OpenTrade has raised $17M in a strategic round led by Mercury Fund and Notion Capital, with participation from a16z crypto, AlbionVC, and CMCC Global. The round brings total funding above $30M as the firm pushes deeper into stablecoin and RWA yield infrastructure.
The company surpassed $200M in TVL last year and is now building out both permissionless and permissioned infrastructure layers. Key focus areas include a new permissionless protocol layer and “Curation+”, a vault system designed to structure yield strategies across real-world and onchain assets.
Unlike typical DeFi vault curators, Curation+ integrates regulated asset management oversight, targeting fintechs, neobanks, treasuries, and issuers. It aims to blend traditional yield instruments with onchain distribution models.
One of its live implementations is through Sierra Protocol, where the SIERRA token is backed by curated vaults containing money market funds, commercial paper, and trade finance exposure.
👉 theblock.co/post/400187/opentrade-raises-17m-to-expand-stablecoin-yield-infrastructure-after-topping-200m-tvl
Ethos Raises $22.75M Series A Led by a16z to Build AI-powered Expert Network
Ethos has raised a $22.75M Series A led by Andreessen Horowitz, with participation from General Catalyst, XTX Markets, Matt Evans, and Common Magic.
Ethos matches users with paid opportunities across expert calls, market research, fractional work, and full-time roles. The platform says top contributors are already earning over $10,000 per month, with around 35,000 new users joining weekly.
Current listings include high-paying roles such as medical experts at $110/hr, legal professionals at $225/hr, VC/PE analysts at $150/hr, and operations specialists at $50/hr. All roles are remote, flexible, and typically cap at around 20 hours per week.
👉 x.com/a16z/status/2052045851493892387?s=20
Ethos has raised a $22.75M Series A led by Andreessen Horowitz, with participation from General Catalyst, XTX Markets, Matt Evans, and Common Magic.
Ethos matches users with paid opportunities across expert calls, market research, fractional work, and full-time roles. The platform says top contributors are already earning over $10,000 per month, with around 35,000 new users joining weekly.
Founded by James and Daniel, Ethos is built around the idea that AI should make people irreplaceable, not replaceable. The system turns professional expertise into recurring income by dynamically matching users across industries like finance, legal, medical, and operations.
Current listings include high-paying roles such as medical experts at $110/hr, legal professionals at $225/hr, VC/PE analysts at $150/hr, and operations specialists at $50/hr. All roles are remote, flexible, and typically cap at around 20 hours per week.
👉 x.com/a16z/status/2052045851493892387?s=20
OpenAI Launches Multipath Reliable Connection (MRC) For Large-Scale AI Training
MRC basically changes how huge AI systems move data between thousands of GPUs. Instead of sending information through one fixed route, it splits it into many smaller paths so everything moves more smoothly and doesn’t get stuck in traffic.
If one path slows down or fails, the system instantly switches to other working routes. This helps prevent delays and keeps AI training running without interruptions, even when parts of the network have issues.
Overall, MRC represents a major infrastructure-level upgrade aimed at making large-scale AI training faster, more resilient, and easier to operate at extreme scale.
👉 openai.com/index/mrc-supercomputer-networking
OpenAI has introduced a new open networking protocol called Multipath Reliable Connection (MRC), developed in collaboration with Advanced Micro Devices, Broadcom Inc., Intel, Microsoft, and NVIDIA.
MRC basically changes how huge AI systems move data between thousands of GPUs. Instead of sending information through one fixed route, it splits it into many smaller paths so everything moves more smoothly and doesn’t get stuck in traffic.
If one path slows down or fails, the system instantly switches to other working routes. This helps prevent delays and keeps AI training running without interruptions, even when parts of the network have issues.
According to OpenAI, MRC is already deployed across its largest NVIDIA GB200 supercomputers and has been used in training multiple frontier models. It is currently active in data centers including Microsoft Azure and Oracle Cloud Infrastructure deployments.
Overall, MRC represents a major infrastructure-level upgrade aimed at making large-scale AI training faster, more resilient, and easier to operate at extreme scale.
👉 openai.com/index/mrc-supercomputer-networking
1inch market maker, Trusted Volumes, exploited for ~$5.9M
The attack targeted a custom RFQ swap proxy controlled by TrustedVolumes, a DeFi market maker and official resolver on 1inch Fusion, responsible for filling gasless swap orders and providing liquidity across the protocol.
👉 x.com/trustedvolumes/status/2052235435292910005?s=20
The attack targeted a custom RFQ swap proxy controlled by TrustedVolumes, a DeFi market maker and official resolver on 1inch Fusion, responsible for filling gasless swap orders and providing liquidity across the protocol.
The exploit drained 1,291.16 WETH, 206,282 USDT, 16.939 WBTC, and 1,268,771 USDC from the affected contract.
👉 x.com/trustedvolumes/status/2052235435292910005?s=20
White House Targets July 4 for CLARITY Act Passage
Senate Banking Committee markup is planned for May, with four Senate working weeks in June targeting a floor vote before July 4. Polymarket currently gives the bill ~48% odds of passing in 2026.
👉 coindesk.com/policy/2026/05/06/white-house-targets-july-4-for-clarity-act-passage-says-crypto-adviser-patrick-witt
Senate Banking Committee markup is planned for May, with four Senate working weeks in June targeting a floor vote before July 4. Polymarket currently gives the bill ~48% odds of passing in 2026.
The CLARITY Act framework covers intermediaries only and does not reopen stablecoin issuer rules already addressed under the GENIUS Act. The stablecoin yield compromise was crafted to leave both banks and crypto firms equally dissatisfied, the White House's intended signal of balance.
👉 coindesk.com/policy/2026/05/06/white-house-targets-july-4-for-clarity-act-passage-says-crypto-adviser-patrick-witt
Ondo, JPMorgan, Mastercard and Ripple Complete Historic Tokenized Treasury Settlement on XRP Ledger
It was the first cross-border, cross-bank redemption of tokenized U.S. Treasuries ever recorded. Settlement completed in under five seconds on the XRP Ledger, outside traditional banking hours and across different banks and borders simultaneously.
👉 x.com/OndoFinance/status/2052048815054627318?s=20
It was the first cross-border, cross-bank redemption of tokenized U.S. Treasuries ever recorded. Settlement completed in under five seconds on the XRP Ledger, outside traditional banking hours and across different banks and borders simultaneously.
The pilot involved OUSG, Ondo's tokenized U.S. Treasury fund. Partners: Ondo Finance (OUSG issuer) + Kinexys by JPMorgan (interbank rails) + Mastercard MTN (fiat-onchain bridge) + Ripple/XRPL (settlement layer).
👉 x.com/OndoFinance/status/2052048815054627318?s=20
Biggest CEXs by funds inflow in the last 30 days
As Bitcoin surged +18.2% last month, smart money didn't sit still. Total net inflow across all centralized exchanges hit +$2.09B in the last 30 days. Here's where the capital actually went.
As Bitcoin surged +18.2% last month, smart money didn't sit still. Total net inflow across all centralized exchanges hit +$2.09B in the last 30 days. Here's where the capital actually went.
Kraken parent Payward Inc. acquires Reap for $600 million
Reap Technologies is a stablecoin-oriented provider of cross-border and business payments services. Reap is Payward’s first acquisition in Asia and its third-largest acquisition. The transaction will result in new business-to-business products.
👉 bloomberg.com/news/articles/2026-05-07/kraken-parent-to-buy-reap-for-600-million-in-asian-expansion
Reap Technologies is a stablecoin-oriented provider of cross-border and business payments services. Reap is Payward’s first acquisition in Asia and its third-largest acquisition. The transaction will result in new business-to-business products.
Reap has a payments business that connects traditional financial systems with digital assets, enabling cross-border money flow. It’s led by Daren Guo, who previously launched the Asia Pacific business for Stripe.
👉 bloomberg.com/news/articles/2026-05-07/kraken-parent-to-buy-reap-for-600-million-in-asian-expansion
Meta Faces Backlash Over Mass Facebook & Instagram Bans
Meta is facing backlash after thousands of Facebook and Instagram users reported being suddenly banned over alleged child exploitation violations they say are completely false.
Nearly 60,000 people have signed a petition demanding better support and accountability from Meta. Even some Meta Verified subscribers say they were unable to get meaningful help from customer support.
👉 cbsnews.com/philadelphia/news/facebook-instagram-accounts-wrongly-banned
Meta is facing backlash after thousands of Facebook and Instagram users reported being suddenly banned over alleged child exploitation violations they say are completely false.
Many users claim Meta’s AI moderation systems are wrongly flagging accounts, while appeals are reportedly denied within minutes with little to no human review. Some affected users say the bans have damaged businesses, erased years of memories, and created fears of legal consequences.
Nearly 60,000 people have signed a petition demanding better support and accountability from Meta. Even some Meta Verified subscribers say they were unable to get meaningful help from customer support.
👉 cbsnews.com/philadelphia/news/facebook-instagram-accounts-wrongly-banned
Kalshi Finalizes its $1B Raise, Hits $22B Valuation in New Round
Kalshi plans to announce on Thursday that it has raised $1 billion in a new round of funding, led by the investment firm Coatue, that values the start-up at $22 billion. Valuation progression: $2B (Jun 2025) → $5B (Oct 2025) → $11B (Dec 2025) → $22B (Mar 2026).
👉 nytimes.com/2026/05/07/business/dealbook/kalshi-fundraise-22-billion.html
Kalshi plans to announce on Thursday that it has raised $1 billion in a new round of funding, led by the investment firm Coatue, that values the start-up at $22 billion. Valuation progression: $2B (Jun 2025) → $5B (Oct 2025) → $11B (Dec 2025) → $22B (Mar 2026).
The raise comes amid mounting legal headwinds, Arizona filed 20 criminal counts for allegedly operating an illegal gambling business, and Nevada moved to ban its operations in the state.
👉 nytimes.com/2026/05/07/business/dealbook/kalshi-fundraise-22-billion.html
Tether Launches QVAC MedPsy, Medical AI Runs Fully On-Device
Tether’s AI Research Group introduced QVAC MedPsy, a medical language model built to run locally on phones, wearables, and low-power devices, without needing the cloud.
Tether says this approach keeps sensitive healthcare data (records, notes, queries) private on-device, avoiding uploads to remote servers where compliance and privacy become harder.
The models also aim to cut inference cost by using fewer tokens per response, which should mean faster outputs and lower compute.
👉 tether.io/news/tether-unveils-medical-ai-that-runs-on-phones-outperforms-much-larger-sota
Tether’s AI Research Group introduced QVAC MedPsy, a medical language model built to run locally on phones, wearables, and low-power devices, without needing the cloud.
Tether says this approach keeps sensitive healthcare data (records, notes, queries) private on-device, avoiding uploads to remote servers where compliance and privacy become harder.
On performance, Tether claims the 1.7B model beats Google’s MedGemma-4B on a set of medical benchmarks, and even tops MedGemma-27B in some “real-world” clinical-style tests.
The models also aim to cut inference cost by using fewer tokens per response, which should mean faster outputs and lower compute.
👉 tether.io/news/tether-unveils-medical-ai-that-runs-on-phones-outperforms-much-larger-sota
Somnia Season 5 Claim Goes Live With 10M SOMI Pool
Somnia opened Season 5 registration and users can now connect their main wallet to check their allocation across quest points, Discord roles, and SomniaYaps.
Somnia says it filtered out inactive, bot, and Sybil wallets, removing ~4,000 accounts in a second pass. Out of 300K+ participants, 12,009 wallets remain eligible to claim.
👉 x.com/Somnia_Network/status/2052374239743971337?s=20
Somnia opened Season 5 registration and users can now connect their main wallet to check their allocation across quest points, Discord roles, and SomniaYaps.
The total pool is 10M SOMI, split between 9.25M SOMI for quests, 350K SOMI for SomniaYaps, and 400K SOMI for Discord role tiers. Eligible users can claim 20% on Day 1, then 10% weekly for 8 weeks after completing required Odyssey tasks.
Somnia says it filtered out inactive, bot, and Sybil wallets, removing ~4,000 accounts in a second pass. Out of 300K+ participants, 12,009 wallets remain eligible to claim.
👉 x.com/Somnia_Network/status/2052374239743971337?s=20
AWS Brings USDC Micropayments to AI Agents via Coinbase & Stripe
Amazon Web Services just unveiled Amazon Bedrock AgentCore Payments, letting AI agents pay for APIs, web content, MCP servers, and other agent services on-demand instead of relying on subscriptions or manual checkout. The system supports Coinbase- or Stripe-powered wallets, funded with fiat or stablecoins.
A key enterprise angle: spending limits, audit trails, and compliance controls are baked in, so teams can ship “agents that spend” without rebuilding governance from scratch.
Coinbase’s wallet and discovery layer are now integrated into AgentCore Payments to help agents discover services, pay, and settle instantly (including via Base and Solana for USDC settlement).
👉 x.com/coinbase/status/2052395918192722026?s=20
Amazon Web Services just unveiled Amazon Bedrock AgentCore Payments, letting AI agents pay for APIs, web content, MCP servers, and other agent services on-demand instead of relying on subscriptions or manual checkout. The system supports Coinbase- or Stripe-powered wallets, funded with fiat or stablecoins.
The rails are built around Coinbase’s x402 protocol (based on HTTP 402 “Payment Required”), enabling machine-native micropayments in USDC. AWS says this is designed specifically for autonomous agents that need to “find → pay → continue” without humans in the loop.
A key enterprise angle: spending limits, audit trails, and compliance controls are baked in, so teams can ship “agents that spend” without rebuilding governance from scratch.
Coinbase’s wallet and discovery layer are now integrated into AgentCore Payments to help agents discover services, pay, and settle instantly (including via Base and Solana for USDC settlement).
👉 x.com/coinbase/status/2052395918192722026?s=20
Cryptomarket Check-In. Major Events & Headlines
This week’s flow was concentrated around tokenized assets and real-world financial infrastructure. From Treasury settlement on XRPL to Western Union stablecoins on Solana, multiple institutional products moved into production simultaneously, alongside some of the larger capital raises of this cycle.
🔎 Recent Updates & Developments
– Ondo, JPMorgan, Mastercard and Ripple completed first cross-border tokenized Treasury settlement on XRPL in under 5 seconds
– DTCC will launch tokenized securities platform, enabling onchain trading of equities, ETFs and Treasuries with full legal ownership
– Andreessen Horowitz raised $2.2B crypto fund, doubling down on stablecoins and blockchain financial infrastructure
– Western Union launched USDPT stablecoin on Solana, enabling global settlement across 200+ countries beyond banking hours
– Solana Foundation and Google Cloud launched Pay sh, enabling AI agents to pay for APIs using stablecoins onchain
– Coinbase partnered with Centrifuge to scale tokenization on Base, targeting ETFs, credit funds and structured products
– Securitize launched regulated tokenized equities on Solana, enabling onchain issuance and trading with institutional liquidity
– Kalshi finalized $1B raise at $22B valuation, highlighting rapid growth of prediction markets despite regulatory pressure
This week’s flow was concentrated around tokenized assets and real-world financial infrastructure. From Treasury settlement on XRPL to Western Union stablecoins on Solana, multiple institutional products moved into production simultaneously, alongside some of the larger capital raises of this cycle.
🔎 Recent Updates & Developments
– Ondo, JPMorgan, Mastercard and Ripple completed first cross-border tokenized Treasury settlement on XRPL in under 5 seconds
– DTCC will launch tokenized securities platform, enabling onchain trading of equities, ETFs and Treasuries with full legal ownership
– Andreessen Horowitz raised $2.2B crypto fund, doubling down on stablecoins and blockchain financial infrastructure
– Western Union launched USDPT stablecoin on Solana, enabling global settlement across 200+ countries beyond banking hours
– Solana Foundation and Google Cloud launched Pay sh, enabling AI agents to pay for APIs using stablecoins onchain
– Coinbase partnered with Centrifuge to scale tokenization on Base, targeting ETFs, credit funds and structured products
– Securitize launched regulated tokenized equities on Solana, enabling onchain issuance and trading with institutional liquidity
– Kalshi finalized $1B raise at $22B valuation, highlighting rapid growth of prediction markets despite regulatory pressure
Aptos Foundation and Labs commits $50M for its L1 ecosystem
The funding package is spanning first-party products, protocol infra, research, and a strategic fund for trading and AI partners. Aptos network holds $1.2B in onchain assets; sub-50ms block times and sub-500ms finality are central to the institutional pitch.
👉 x.com/Aptos/status/2052418251053740430?s=20
The funding package is spanning first-party products, protocol infra, research, and a strategic fund for trading and AI partners. Aptos network holds $1.2B in onchain assets; sub-50ms block times and sub-500ms finality are central to the institutional pitch.
Major beneficiaries
– Decibel: Aptos-incubated onchain perps exchange; $1B+ cumulative volume since February mainnet launch
– Shelby: Hot storage protocol for AI agent data markets; targets AI training datasets and agent-to-agent data exchange
👉 x.com/Aptos/status/2052418251053740430?s=20