Industry News

  • Ondo Finance Clears First XRP Ledger Treasury Redemption Into Singapore Bank07 May 2026 05:30Ondo Finance has successfully piloted the first near-real-time, cross-border redemption of a tokenized U.S. Treasury fund, leveraging the XRP Ledger and Mastercard’s Multi-Token Network to bridge public blockchain and traditional banking. Integration of Public and Private Infrastructure Ondo Finance, a leader in the tokenized asset space, announced May 6 the successful completion of the first […]
  • Kenyan Court Detains Man 7 Days Over $440,000 Crypto App Fraud Probe07 May 2026 04:30Kenyan Court Detains Man 7 Days Over $440,000 Crypto App Fraud ProbeA Kenyan court has ordered the weeklong detention of a man accused of operating a fraudulent cryptocurrency investment platform. Suspicious App Triggered Investigation A Kenyan court ordered the weeklong detention of the alleged operator of a fraudulent cryptocurrency-themed investment platform, as detectives investigate a multilayered scheme that collected about $440,000 from unsuspecting investors. The order […]
  • Kraken Launches US Spot Margin Trading With up to 10x Leverage07 May 2026 04:05Kraken Launches US Spot Margin Trading With up to 10x LeverageKraken has launched regulated crypto spot margin trading for eligible U.S. users on Kraken Pro, offering up to 10x leverage without accredited investor status. The service runs through Kraken Derivatives US and includes collateral controls, liquidation levels, and risk disclosures. Kraken Expands Regulated Trading Access Crypto exchange Kraken has expanded its U.S. trading offering by […]
  • Prediction Market Fight Deepens as 40 States Push Back on CFTC07 May 2026 02:30Prediction Market Fight Deepens as 40 States Push Back on CFTCA multistate coalition told the Commodity Futures Trading Commission that sports-related prediction markets should remain under state gambling oversight, arguing the contracts function as wagers rather than financial derivatives. The attorneys general said these products closely resemble traditional sportsbook wagers on winners, spreads, totals, and player statistics. States Say Sports Markets Belong Under Gambling Oversight […]
  • Evernorth Adding Ripple Legal Chief to Board Ahead of XRP Treasury Push07 May 2026 01:05Evernorth Adding Ripple Legal Chief to Board Ahead of XRP Treasury PushEvernorth is expanding its leadership team as it moves toward a planned public listing. The company said the strategy is designed to support institutional adoption of XRP through a regulated public-company structure. Evernorth Expands Leadership Team Evernorth Holdings Inc. announced on May 5, 2026, that it is expanding its leadership team with new board members […]
  • Circle Urges OCC to Finalize Strong GENIUS Act Stablecoin Rules06 May 2026 23:32Circle Urges OCC To Finalize Strong GENIUS Act Stablecoin RulesCircle urged the OCC to finalize clear, consistently applied GENIUS Act rules for payment stablecoin issuers. The company said the proposed framework should support reliable redemption and strong risk controls for regulated digital payment instruments. Circle Backs National Stablecoin Licensing Standards Circle Internet Group (NYSE: CRCL) revealed May 5 that it had submitted comments on […]
  • Coinbase Adds Gold and Silver Perps With USDC Settlement and up to 25x Leverage06 May 2026 22:22Coinbase Adds Gold and Silver Perps With USDC Settlement and up to 25x LeverageCoinbase has expanded its derivatives lineup with gold and silver perpetual futures for eligible traders outside the United States, giving eligible users access to precious metals exposure through crypto-based market infrastructure. Crypto Exchange Adds Gold and Silver Perpetual Futures Crypto exchange Coinbase (Nasdaq: COIN) announced on May 6 that it began offering gold and silver […]
  • Panama Player Accuses World Cup Veteran Teammate of Match-Fixing After Own Goal06 May 2026 21:06Panama Player Accuses World Cup Veteran Teammate of Match-Fixing After Own GoalA Sporting San Miguelito player publicly accused his own teammate of match-fixing in a series of Instagram posts following a May 2 Liga Panamena de Futbol fixture, triggering a formal league investigation five weeks before Panama plays in the FIFA World Cup. Gustavo Herrera named goalkeeper Jose Calderón—a 40-year-old veteran with 44 caps for the […]
  • Crypto-Native Operators Lead Canada’s Offshore iGaming Surge as World Cup Approaches06 May 2026 19:54Canada Revokes 50 Money Services Licenses in 2026, With 23 Crypto Firms Taking the HitCrypto-native operators Stake and Roobet lead Canada’s online gambling market five weeks before the country co-hosts the FIFA World Cup, with offshore platforms continuing to dominate every province except Ontario. According to the 2025 USA and Canada iGaming Landscape Report from market analytics firm Blask, the top five Canadian operators capture more than 60% of […]
  • Bitfinex Analysts Flag $84,766 Trigger as Bitcoin Tests $81,500 After Sharp Reversal06 May 2026 18:44Bitcoin reached a multi-month high of $82,833 following President Trump’s announcement of a pause in Gulf ship escorts and reports of a potential U.S.-Iran agreement. Geopolitical Shifts Drive Bitcoin to Multi-Month High Bitcoin surged to another multi-month high on Wednesday, May 6, after President Donald Trump announced a pause to an operation to escort ships […]