EOS rallied as much as 22% today, ahead of its official rebranding to Vaulta, with several bullish signals showing up on its charts. EOS (EOS) rose for the second straight day, reaching an intraday high of $0.84 on May 8,…

EOS rallies over 20% ahead of official Vaulta rebranding

Superstate has launched Opening Bell, a platform that allows SEC-registered 
public shares to be issued and traded directly on blockchains, starting with 
Solana. SOL Strategies, a Canadian public company focused on Solana (SOL) 
infrastructure, will be the first to list…

‘Real equities to DeFi’: Superstate to bring public equity trading on Solana

Stripe, the global payment solution provider, has launched Stablecoin 
Financial Accounts. It&#8217;s a new feature that will allow users to hold 
cryptocurrencies in the form of stablecoins. Currently, Stripe only supports 
two dollar-denominated stablecoins: $USDC and $USDB. However, Stripe will 
introduce support for more stablecoins in the future. We’re seeing an 
increasing adoption of stablecoins as a store of value due to their ease of 
cross-border movement. After all, stablecoins make transactions easier and 
faster. Payment companies like Stripe have recognized that crypto is the 
future, and it&#8217;s high time they integrated it into their systems. Keep reading 
to learn more about Stripe’s new AI-powered features. We’ll also talk about a 
brand-new crypto, the MIND of Pepe AI agent, and discuss why it could be next 
in line to benefit from the accelerated AI-crypto movement. More About 
Stripe’s New Features Stablecoin Financial Accounts will initially be 
available in 101 countries. Interestingly, it has come just three months after 
Stripe’s $1.1B acquisition of Bridge, a stablecoin payment platform. Although 
stablecoins make it easy to store currency without worrying about volatility, 
it&#8217;s difficult to spend that stablecoin at merchants that only accept fiat 
currency. To solve this, Bridge is in talks with VISA to launch a global card, 
which can convert your stablecoin balance directly into fiat while making a 
purchase. You’ll be able to use this card at around 150M merchants that accept 
VISA cards. Stripe&#8217;s New Multi-Currency Account Additionally, Stripe has also 
launched a multi-currency account, which, as the name suggests, will allow 
businesses to hold their funds in multiple currencies. As of now, you can keep 
your money in USD, GBP, and EUR. For instance, if a US business has a store in 
London, it can accept payments in GBP, hold its own money in GBP, and then pay 
UK-based suppliers directly in GBP. Earlier, a business had to incur 
unnecessary forex fees to convert GBP into USD and vice versa while making 
cross-border payments. Thanks to Stripe’s new multi-currency account, there&#8217;s 
no need to incur any such fees. Stripe has also leveraged AI to develop a 
world‘s first Payment Foundation Model. This is an AI model built to identify 
fraudulent transactions. It&#8217;s trained on billions of transactions and can 
capture hundreds of subtle fraud signals that other contemporary detection 
models aren’t capable of. Stripe&#8217;s new updates are a telltale sign that the 
company is focusing on two major economic trends: stablecoins and artificial 
intelligence. It&#8217;s already one of the world’s fastest-growing companies. In 
2024, it processed $1.4T in total payment volume, which was 38% more than the 
previous year. As AI finds new applications almost every day, it’s the AI- 
crypto market that will ultimately benefit, especially with billions of 
dollars of global funds being poured into AI and Web3. If Stripe&#8217;s integration 
of AI features into its payment infrastructure is a sign of rising AI adoption 
in the fintech sector, the MIND of Pepe AI agent is redefining what&#8217;s possible 
with AI in the crypto niche. Unlike Stripe, however, $MIND&#8217;s AI integration 
offers you a chance to become a pro crypto investor. Read on to find out 
everything you need to know about this revolutionary project. What Is MIND of 
Pepe ($MIND)? Simply put, MIND of Pepe is a new meme coin on presale. But 
don&#8217;t mistake it for just another token looking for cheap thrills. It&#8217;s 
centered around a self-evolving AI agent that&#8217;s capable of analyzing market 
trends and social media chatter to identify the best cryptos to invest in in 
real time. MIND interacts with crypto influencers on X and other platforms, 
listening to and sharing its own opinions and insights into various meme coins 
and the broader crypto market. Next, it uses its state-of-the-art AI-powered 
tools to analyze all the data it has collected, which is how it&#8217;s able to put 
a finger on cryptos that could be the next to explode. Why Invest in the MIND 
of Pepe AI Agent? $MIND presale token holders will get exclusive access to the 
AI agent&#8217;s real-time crypto investment advice. In a nutshell, this one-of-a- 
kind AI-crypto project offers you a chance to stay ahead of the curve and make 
profitable crypto investments – something that&#8217;s insanely difficult to do on 
your own thanks to the market&#8217;s volatility. To cut through the clutter, buy 
MIND of Pepe now. Moreover, as $MIND engages with influencers online, sharing 
its opinions on meme coins and sparking discussions, it&#8217;ll naturally grow in 
popularity. The AI agent eventually plans to leverage its popularity by 
launching its own tokens. In addition to being based on current market trends, 
these cryptos will also benefit from $MIND&#8217;s reach and popularity among the 
crypto community. It&#8217;s worth noting that access to MIND of Pepe&#8217;s homebred 
cryptos, too, will initially be reserved for $MIND token holders. Joining the 
$MIND presale is a straightforward process, too. Just visit the official MIND 
of Pepe website, connect your crypto wallet (we recommend Best Wallet), enter 
the number of tokens you wish to purchase, and authorize the transaction from 
your wallet. If, however, this is your first time buying a crypto presale, we 
have a step-by-step guide on how to buy MIND of Pepe to help you out. The 
presale has so far raised over $8.8M, and each token is currently available 
for just $0.0037515. Keep in mind, though, that this price will keep 
increasing as the presale progresses. Get in early for the highest returns! 
Speaking of returns, our research-backed MIND of Pepe price prediction 
suggests that the token could reach $0.030 by the end of 2030. That&#8217;s a growth 
of nearly 800% in less than five years! Become an early investor in MIND of 
Pepe today. Lastly, kindly remember that despite any amount of expert 
analysis, no one can guarantee any returns on a specific token. Even this 
article isn&#8217;t financial advice, and we urge you to do your own research before 
investing.

Stripe Integrates Stablecoins and AI Technology – Will AI Agent Coins Like $MIND Benefit?

Alpen Labs has introduced the bitcoin dollar (BTD), a bitcoin-collateralized 
stablecoin built on zero-knowledge rollup technology, aiming to provide a 
censorship-resistant alternative to centralized stablecoins. ZK Rollups Power 
Alpen’s New Bitcoin-Backed Stablecoin The bitcoin dollar (BTD) will operate as 
an over-collateralized stablecoin pegged to the U.S. dollar, using bitcoin ( 
BTC) as its sole backing […]

Alpen Labs Launches Bitcoin-Backed Stablecoin to Boost Censorship Resistance

Coinbase&#8217;s acquisition of Deribit signals intensified competition and 
consolidation in the crypto derivatives market, reshaping industry dynamics.
The post Coinbase enters $2.9B deal to acquire top Bitcoin, Ether options 
platform Deribit appeared first on Crypto Briefing.

Coinbase enters $2.9B deal to acquire top Bitcoin, Ether options platform Deribit

Cryptocurrency mining firm Hut 8 increased its hashrate by 79% during the 
first quarter of the year.
According to Hut8&#8217;s latest quarterly report released on May 8, the firm saw a 
net loss of $134.3 million despite revenue of $21.8 million. The firm&#8217;s CEO, 
Asher Genoot, explained that this is a result of large-scale investments.
&#8220;As reflected in our results, the first quarter was a deliberate and necessary 
phase of investment,&#8221; Genoot said. &#8220;We believe the returns on this work will 
become increasingly visible in the quarters ahead.&#8221;
Hut 8 operations reached a total energy capacity of 1,020 megawatts as of 
March 31, enough to power well over 800,000 average homes in the United 
States. The company also has the right to scale up its operation by another 
2,600 MW.
_**Related:**__**Bitcoin mining &#8212; Institutions boost investments amid 
favorable US climate**_
## Hut 8 is scaling up operations
Genoot said the financial results follow large-scale investments by Hut 8, 
including upgrading the firm&#8217;s application-specific integrated circuit (ASIC) 
fleet and launching the majority-owned subsidiary of Hut 8, American Bitcoin.
American Bitcoin was announced at the end of March, with several members of 
the US President Donald Trump&#8217;s family as partners. According to the 
announcement, the new venture &#8220;aims to become the world&#8217;s largest, most 
efficient pure-play Bitcoin miner while building a robust strategic Bitcoin 
reserve.&#8221;
Early April reports also revealed that American Bitcoin has plans to raise 
additional capital, including through an initial public offering. In today&#8217;s 
quarterly earnings announcement, Genoot stated:
&gt; &#8220;The streamlined capital allocation framework made possible by the American 
&gt; Bitcoin launch reinforces our ability to scale lower-cost-of-capital 
&gt; businesses such as high-performance computing.&#8221;
_**Related:**__**Browser-based crypto mining in 2025: Still viable or 
virtually dead?**_
## Future expansion plans
Talking about future plans, Hut 8&#8217;s CEO noted that the company is pushing 
ahead with its plans for 2025. Those include the energization of the Vega data 
center, the initial sitework at the River Bend data center, and the 
development of the firm&#8217;s utility-scale power portfolio. Genoot added:
&gt; &#8220;We believe these initiatives will further accelerate our ability to 
&gt; generate resilient near-term cash flows while building toward enduring 
&gt; leadership across next-generation digital infrastructure markets.&#8221;
Hut 8 stock is trading at $12.66 after seeing a 2.2% increase on the trading 
day on the Nasdaq. However, the stock is down by over 38% from $20.49 at the 
start of the year.
_Hut8 year-to-date price chart. Source:__Google Finance_
The announcement follows Nasdaq-listed Bitcoin (BTC) mining firm Core 
Scientific posting a net profit of $580 million in its first quarter results, 
missing analyst revenue estimates after a drop in its mining profits.
_**Magazine:**__**AI may already use more power than Bitcoin &#8212; and it 
threatens Bitcoin mining**_