Key Takeaways Tether invested in LemFi, a remittance app serving 30 countries, to integrate USDT for global payments. CEO Paolo Ardoino notes this validates USDT for LemFi’s 500,000 users, beating fiat in cost and speed. Building on a 2023 $33M raise, LemFi will next embed USDT across its product lines to scale globally. Stablecoin Behemoth…
YGG Play, the publishing arm of Yield Guild Games (YGG), announced a third-party publishing partnership with animation and gaming studio Ruyui to integrate the soulslike pixel-art RPG “Roots of Embervault” into its ecosystem. The game is featured on the YGG Play Launchpad starting Thursday, May 14, 2026, at 8:00 PM SGT, allowing players to complete…
Key Takeaways An a16z-linked wallet bought 2.11M HYPE for $90.87M since April 14, with a fresh $16.9M purchase on May 18. The wallet staked 1.3M HYPE worth ~$51M, signaling long-term institutional conviction in Hyperliquid’s onchain model. 21shares launched the THYP Exchange-Traded Fund (ETF) on Nasdaq on May 12; Bitwise also filed for a spot HYPE…
Key Takeaways Standard Chartered expects tokenized assets to expand DeFi protocol use and activity. Forecasts place on-chain assets at $4 trillion by the end of 2028, split between stablecoins and RWAs. Institutions may favor established platforms, though regulatory and technical risks remain. Tokenized Assets Put DeFi Protocols in Focus Standard Chartered Bank forecast in a…
Key Takeaways The SEC, under Chair Paul Atkins, plans to release a tokenized stock innovation exemption as soon as May 18, 2026. The framework could open U.S. equity markets to platforms like Coinbase without full broker-dealer registrations. The exemption follows Nasdaq and NYSE tokenized trading approvals in March and April 2026, signaling accelerating onchain adoption….
Key Takeaways Bitcoin difficulty hit 136.61T on May 15 as miner revenue fell 9.44%. Hashrateindex.com data shows PH/s value slid from $38.97 to $35.29 in 4 days. Bitcoin fees made up just 0.59% of rewards, keeping focus on BTC price trends. Bitcoin Petahash Value Slides to $35 as Mining Difficulty Rises Although the previous week…
Key Takeaways PCT Litigation Trust filed a 94-page suit against Swan Bitcoin on May 15, 2026, seeking $970 million in clawbacks. The complaint alleges a Prime Trust executive tipped off Swan CEO Cory Klippsten via encrypted chat on May 22, 2023, weeks before the collapse. Swan has not filed a formal response as of May…
Key Takeaways Goldman Sachs exited XRP and solana ETFs, cutting ether exposure by 70% in Q1. Goldman kept $700M in bitcoin ETFs while boosting Coinbase and Circle investments. Wall Street firms are rotating toward bitcoin and crypto infrastructure amid volatility. Goldman Sachs Reshapes Crypto Portfolio as Institutional Focus Shifts to Bitcoin Goldman Sachs significantly reshaped…
Key Takeaways Bitcoin ETFs lost $1B, ending a 6-week inflow streak led by ARKB and IBIT exits. Ether ETFs shed $255M, while XRP and solana gained $60.5M and $58.12M, respectively. XRP and solana demand rose as investors favored crypto assets tied to regulation and utility. Franklin and Bitwise Drive XRP ETF Gains as Bitcoin Sentiment…
Key Takeaways Bitcoin Depot began Chapter 11 to wind down operations and sell company assets. Regulatory pressure has tightened BTM rules through transaction limits, licensing, and compliance obligations. International entities will follow separate proceedings as the asset sale process continues. Bitcoin Depot Begins Chapter 11 Process Amid Regulatory Pressure Bitcoin Depot Inc. (Nasdaq: BTM) announced…
