Henry Paulson, who served as Treasury Secretary from 2006 to 2009 and architected the $700Bn TARP stabilization during the 2008 financial crisis, warned on Bloomberg Television’s Wall Street Week that the US Treasury market faces the risk of a “vicious” crash, calling for a “break-the-glass” emergency contingency plan to be prepared for immediate deployment. His proposed measures include closing tax loopholes, overhauling Social Security, and restructuring healthcare spending – a scope that signals Paulson views the fiscal trajectory as a structural problem, not a cyclical one. US national debt stood…
Category: News
Tempo Zones Feature Sparks Privacy Debate Among Enterprise Blockchain Builders
Terrill Dicki Apr 17, 2026 11:57 Tempo’s new Zones feature promises enterprise privacy on public stablecoin rails, but critics warn it reintroduces centralized trust assumptions. Tempo’s new “Zones” feature is drawing fire from privacy engineers who say the enterprise-focused design trades cryptographic guarantees for old-school trust assumptions—essentially recreating the exchange model on blockchain rails. The payments-focused layer-1, backed by Stripe and Paradigm, announced Thursday that Zones will let companies run transactions in permissioned environments while accessing public blockchain liquidity. The feature targets…
Flow Capital to Tokenize $150M Private Credit Fund on Blockchain: Report
Flow Capital Partners is planning to tokenize its private credit fund through Singapore-based DigiFT, Bloomberg reported Friday, as the Hong Kong credit manager looks to tap blockchain-based distribution for its next capital raise. According to the report, Flow Capital plans to bring its $150 million private credit fund on the blockchain through Singapore-based tokenization platform DigiFT by the end of April, seeking to raise an additional $30 million in tokenized shares by the end of 2026, Jacky Tian, chief investment officer of Flow Capital, said. The $30 million raise is…
Tempo’s ‘Zones’ Promise Privacy But Raise Trust Concerns
Tempo unveiled a new “Zones” feature Thursday aimed at giving enterprises bank-style privacy on public stablecoin rails, but not everyone in crypto is convinced the trade-offs are worth it. The payments-focused layer-1, co-developed with backing from Stripe and Paradigm, said Zones will let companies run transactions in permissioned environments while still tapping public blockchain liquidity. The pitch targets a long-standing issue for institutions: sensitive data like payroll, merchant volumes or treasury activity being exposed on public ledgers. Some privacy-focused developers argue that the design sacrifices too much. Because each Zone…
Bitcoin Trading Expands As Charles Schwab Enters Crypto Market
Charles Schwab is charging into the crypto space with fees lower than its closest rival — and a customer base that dwarfs most financial platforms in America. Related Reading A Slow Roll, Not A Full Launch The Texas-based brokerage has begun offering spot Bitcoin and Ethereum trading through its Schwab Crypto platform, operated via Charles Schwab Premier Bank. But don’t expect every customer to get access right away. The rollout starts with an internal employee pilot, moves to a client waitlist, then opens more broadly through the rest of Q2…
Foundation Shuts Down NFT Marketplace After Failed Sale
Foundation, one of the better-known Ethereum-based non-fungible token (NFT) marketplaces of the 2021 boom, is shutting down after the sale that was supposed to keep it operating fell apart. Kayvon Tehranian, Foundation’s founder and CEO, took to X on Wednesday to announce the marketplace’s closure following a failed acquisition by the digital art distribution platform Blackdove. Although Tehranian did not directly mention Blackdove, he said the original goal of the sale was to ensure the platform would continue operating under new ownership. “That’s no longer possible,” he said, adding that…
Bitcoin Breaks Above $75K, But Bears Refuse To Blink
Bitcoin has reclaimed and held above the $75,000 region after the latest rebound, but derivatives data shows the recovery lacks broad conviction. Bitcoin In The Middle Of A Credibility Problem Bloomberg claims Bitcoin has a credibility problem right now. Funding rates on perpetual futures have stayed negative for around a month and a half, meaning leveraged traders are still paying to stay short even as spot grinds higher. This divide ranks among the largest this year between spot price action and how derivatives traders are positioned. Bitcoin has climbed about…
Tokenization Doesn’t Fix Illiquid Assets: PBW 2026
Tokenization does not automatically make hard-to-trade assets liquid, industry executives said at Paris Blockchain Week, pushing back on the idea that putting private credit, real estate or other illiquid products onchain will by itself create active secondary markets. Speaking during a panel moderated by Cointelegraph CEO Yana Prikhodchenko, Oya Celiktemur, Ondo Finance sales director for Europe, the Middle East and Africa (EMEA), said there is still a misconception that tokenizing illiquid assets can make them easier to trade. “I think there’s still this idea that tokenizing something illiquid will somehow…
Sanctioned Exchange Grinex Hit by $13.7M Hack; Blames Foreign Intelligence Services
Key Takeaways: Grinex halts operations after a state-level hack drains over 1 billion rubles in USDT from user wallets. The 2025 takeover of Garantex solidified Grinex as a primary target for ongoing U.S. sanctions. Law enforcement is reviewing logs from 54 wallets as Grinex seeks to recover 13.74 million USDT in stolen TRX. Allegations of State-Sponsored Interference Grinex, a crypto-ruble exchange serving Russian businesses and individual investors, has suspended operations after a sophisticated cyberattack. The breach resulted in the theft of digital assets valued at approximately $13.74 million (more than…
Bitcoin Derivatives Are The Earliest Signal Of A Quantum Selloff
Bitcoin’s quantum risk may show up in derivatives markets well before any compromised coins move on-chain, according to FalconX co-head of markets Joshua Lim, who used an X thread on April 16 to map out what he sees as the most tradable signals around a potential “q-day” event. Lim’s core argument is that the market problem is not simply whether Bitcoin can migrate to post-quantum cryptography. It is also whether the network can politically resolve what to do with Satoshi Nakamoto’s coins and other old outputs that may never participate…