GM and happy Monday Havenauts and Web3 frens! 

Here’s what we have this week:

• Haven1 news
• Security
• RWA
• Blockchain infrastructure
• DeFi 2.0
• Regulation and compliance
• The Haven1 take

Haven1 news

It has been two weeks since the Haven1 mainnet was launched, and the activity has been non-stop since. We reviewed our very busy April in our recent recap post, and this past week was just as packed.

We launched the Haven1 ambassador program, and you can find full details right here.

Members of our core team returned from Token2049 in Dubai—read our insights here

• CEO Jeff Owens joined the panel “Web3 Security: Why Do We Still Keep Getting Hacked?”
• We hosted our inaugural in-person validator meeting
• Our on-the-ground take: institutional interest in Web3 is growing fast and more

In this coming week, watch out for the following activities on X:

• 12 May: Unfungible Spaces
• 13 May: AMA with WorldPay, one of our founding validators
• 14 May: XDC Network Spaces
• 15 May: X Spaces with SKOR

To keep up, give our X account a follow and switch notifications on: @haven1official

We also have a dedicated account for hEarn, our DeFi vaults powered by ICHI.

One of the account’s most popular threads last week explained why single-sided vaults are a game-changer—and why hEarn is offering up to 1000% APY, based on current TVL.

Follow hEarn on X for more DeFi insight. 

Security

1. Coinbase users lost $45M to scams in one week

The popular exchange is a honeypot for scammers who have stolen an estimated $45 million from users in just the last week using a series of social engineering scams that include phishing emails, fake customer support staff messages and more.

These kind of stories frustrate the entire industry—and they’re exactly why we’re building Haven1.

On our network:

• All smart contracts are verified to eliminate malicious apps
• All developers and token holders complete KYC to reduce fraud risk

RWA

1. Coinbase acquires options exchange Deribit for $2.9 billion

The deal is a major piece of consolidation that will give Coinbase customers access to a vast number of new crypto trading services from the exchange in the future. It also signifies consolidation around investment—exchanges are looking more like trading companies than ever before.

That merging has much to do with the coming together between crypto and traditional finance. We see this trend at Haven1, and that’s why we believe institutional investors are a key part of the DeFi 2.0 strategy which also includes retail investors.

2. Robinhood to offer US securities in Europe

Robinhood plans to offer US securities trading to investors based in Europe using blockchain technology, potentially on the Arbitrum or Solana chains. This development aligns with a core Haven1 principle—that crypto can enlarge the existing financial ecosystem and take trading products global.

Blockchain infrastructure

1. Tether teases new AI product

The company made its name (and huge profits) by issuing the USDT stablecoin, but its next major launch will be Tether.ai—an open-source AI runtime. The company says it is designed to run on any hardware or device, and it will require no API keys, have no central point of failure, and be fully modular and composable. 

DeFi 2.0

1. Stripe launches stablecoin features

In a major move, the payment processor now allows its merchant customers to hold their account balance in stablecoins. They can also receive stablecoin funds using crypto or fiat currency rails. Just a week earlier, it announced a collaboration with Visa to let customers spend stablecoin balances like fiat currency.

These are huge announcements that can massively open adoption of crypto by enabling stablecoins for cross-border transactions. We already know sending money overseas is tedious and expensive, stablecoins solve those issues—and they bring mainstream customers into Web3 for the first time. 

2. Facebook may embrace stablecoins after all

It looks like the ZuckBuck could become reality after all. Fortune reported that Meta, the holding company that owns Facebook, WhatsApp and Instagram, is exploring how it can use stablecoins. The company previously worked on a centralized stablecoin system called Libra, but the project was abandoned in 2022 due to legal opposition. 

Regulation and compliance

1. SEC hosts tokenization and new markets roundtables

The US SEC’s Crypto Task Force will host roundtables on tokenization and new capital markets next week which will include representatives from the likes of Robinhood, Blockchain Capital, BlackRock, Fidelity and more. This is part of the task force's work to draw up a regulatory framework for managing digital assets. 

2. UK rules out Bitcoin stockpiling but will investigate digital ledger tech

US states have begun to pass Bitcoin Reserve Fund legislation, mimicking the federal government strategy under President Trump, but the UK will not follow suit. The British government, however, may look to use digital ledger technology to issue sovereign debt.

Bhutan introduces crypto spending for tourists

The country was among the first to seriously mine Bitcoin, and now it will allow tourists to spend crypto to purchase flights, visas, accommodation, guides, and even at street markets in the country. The partnership uses Binance for payments with more than 100 cryptocurrencies accepted.

The Haven1 take

This week’s headlines highlight growing momentum across the sectors that matter most to us: stablecoin adoption, institutional Web3 engagement, and safer on-chain environments.

The string of Coinbase scam losses reinforces our core thesis: DeFi needs a secure foundation to thrive. That’s exactly what Haven1 delivers—and we’re just getting started.

Big updates are coming soon. Stay tuned.