Industry News

  • OKX: 90% of US Crypto Traders Surveyed Fear Dollar Purchasing Power Drop03 May 2026 01:40OKX: 90% of US Crypto Traders Surveyed Fear Dollar Purchasing Power DropDeepening inflation fears are pushing U.S. crypto traders into digital assets, as 90% worry the dollar will lose purchasing power. An OKX survey found 49% increased crypto holdings since January, reflecting intensifying pressure on portfolio strategies. Key Takeaways: 90% of surveyed traders fear the dollar will lose purchasing power. 49% increased crypto holdings since January […]
  • Senators Press Lutnick, Tether Over Loan Tied to Cantor Stake Transfer to Trust03 May 2026 01:10Senators Press Lutnick, Tether Over Loan Tied to Cantor Stake Transfer to TrustSenators escalated scrutiny of a reported Tether loan tied to Commerce Secretary Howard Lutnick’s family trust, raising conflict-of-interest and national security concerns. Warren and Wyden cited a New York credit filing involving “Dynasty Trust A.” Key Takeaways: Senators questioned a reported Tether loan tied to Howard Lutnick’s family trust. Concerns include conflicts, national security risks, […]
  • OCC Stablecoin Yield Ban Could Hit Distribution Partners, Consensys Says03 May 2026 00:30OCC Stablecoin Yield Ban Could Hit Distribution Partners, Consensys SaysStablecoins could face disrupted distribution under proposed OCC rules that broaden yield restrictions beyond issuers. Consensys warned the framework may impact related third parties, DeFi access, and multi-brand issuance under the GENIUS Act. Key Takeaways: Stablecoins face disruption as OCC rules may expand yield limits to third-party partners. Consensys argues proposal misclassifies DeFi activity and […]
  • NY AG Secures $5M From Uphold to Compensate Crypto Investors02 May 2026 23:40NY AG Secures $5M From Uphold to Compensate Crypto InvestorsUphold will pay more than $5 million to compensate customers affected by CredEarn, a third-party crypto investment product. The New York settlement requires stronger product reviews, broker registration, and transfer of any Cred bankruptcy recoveries to harmed investors. Key Takeaways: Uphold will pay more than $5 million to customers tied to CredEarn losses. Regulators said […]
  • Taiwan Lawmaker Calls for Bitcoin Reserve Funded by $602B FX Chest02 May 2026 23:10A Taiwanese legislator has formally presented a proposal to the country’s premier and central bank governor to allocate part of Taiwan’s $602 billion in foreign exchange (FX) reserves into bitcoin. Key Takeaways: Legislator Ko Ju-Chun presented a BPI bitcoin reserve report to Taiwan’s premier and central bank. Taiwan’s $602B FX reserves are over 80% in […]
  • Seoul Court Rescues Bithumb from Record 6-Month Suspension02 May 2026 22:30A Seoul court has temporarily halted a six-month partial business suspension imposed on South Korean crypto exchange Bithumb, dealing a significant legal setback to the country’s financial regulator just weeks after a similar ruling went against it in the Upbit case. Key Takeaways: Seoul’s court halted Bithumb’s 6-month FIU suspension on April 30, allowing the […]
  • MegaETH Token MEGA Falls 38% in 72 Hours After Binance and Coinbase Listings02 May 2026 21:45MegaETH Token MEGA Falls 38% in 72 Hours After Binance and Coinbase ListingsMegaETH’s MEGA token launched across a myriad of major exchanges and immediately entered a sell-off that pushed it more than -38% below its opening-day highs within 72 hours. Key Takeaways: MEGA token launched on Binance, Coinbase, and a dozen other exchanges on April 30, dropping -38% from its $0.225 ATH within 72 hours. MegaETH TVL […]
  • Coinshares SEC Filing Reveals $165 Million Revenue Amid Global Expansion02 May 2026 20:35Coinshares SEC Filing Reveals $165 Million Revenue Amid Global ExpansionCoinshares officially reported its fiscal year 2025 financial results on May 1, 2026, marking its first annual filing as a U.S.-listed company. Key Takeaways: Coinshares PLC reported $7.4 billion in gross AUM for FY2025 following its April 1, 2026, Nasdaq listing. The firm’s asset management revenue rose 13.1% to $126.4 million, maintaining a steady 170 […]
  • Trump’s WLFI Sells 5.9 Billion Tokens to Private Buyers, Leaving Early Investors Locked Out02 May 2026 19:37World Liberty Financial has sold an additional 5.9 billion WLFI tokens to undisclosed private investors, without informing existing backers, sending the token to an all-time low and deepening scrutiny over the Trump family-backed decentralized finance ( DeFi) project. Key Takeaways: WLFI sold 5.9 billion tokens privately without disclosing buyers, sending the token to an all-time […]
  • Mixed Signals: Bitcoin Options Show 58% Calls vs 42% Puts as Price Holds Steady02 May 2026 18:35Mixed Signals: Bitcoin Options Show 58% Calls vs 42% Puts as Price Holds SteadyBitcoin derivatives markets are sending mixed signals Saturday as open interest climbs back toward $30 billion as options and futures traders hold positions across every major exchange. Key Takeaways: Binance leads all exchanges in BTC futures open interest at 134,620 BTC, while CME posted the strongest 24-hour gain at plus 6.16% on May 2. Deribit’s […]