Month: May 2026

Bitmine chairman Tom Lee has said the crypto market may be entering an early recovery phase even as investor sentiment remains cautious. Summary Tom Lee has said crypto may be…

Uphold has pushed back against the New York Attorney General’s statement on its $5 million CredEarn settlement.  Summary Uphold says the NYAG statement misrepresented key facts about its $5M CredEarn…

Polygon has introduced a privacy layer for stablecoin transfers, allowing transactions to remain hidden from public view while still meeting compliance checks. Summary Polygon has rolled out private stablecoin transfers…

U.S. banking groups have pushed back against the latest CLARITY Act language on stablecoin rewards, arguing it does not sufficiently prevent risks to bank deposits. Summary U.S. banking groups have…

South Korea’s Upbit has partnered with Optimism to develop a dedicated Ethereum Layer 2 blockchain using the OP Stack. Summary Upbit has partnered with Optimism to build GIWA Chain, an…

GSR has secured a strategic investment from SC Ventures, the fintech investment arm of Standard Chartered, according to a Tuesday announcement.  Summary SC Ventures became GSR’s first external strategic shareholder…

K Wave Media has redirected up to $485 million from its Bitcoin treasury strategy into artificial intelligence infrastructure.  Summary K Wave redirected $485M from Bitcoin treasury plans into data centers…

Haun Ventures has raised $1 billion in new funds to back founders working across crypto, finance and artificial intelligence.  Summary Haun Ventures raised $1B to invest in crypto infrastructure, tokenization…

Prediction markets are moving closer to institutional finance as large investors seek direct ways to trade event risk, according to a May 4 Bernstein report.  Summary Bernstein says Kalshi’s first…

Aave LLC filed an emergency motion in New York on May 4 to vacate a restraining notice served on Arbitrum DAO.  Summary Aave says stolen ETH cannot become North Korea’s…