Category: Peer to Peer

Solstice has moved to deepen utility for its SLX token by launching stSLX staking with a 20% base annual percentage yield funded from the protocol treasury, setting up an early test of whether incentive-led staking can stabilise a volatile token launch while widening participation in its Solana-based yield ecosystem.The staking product allows SLX holders to deposit tokens through the Solstice app and receive stSLX, a liquid staking token designed to represent their share of the staking vault. The stated base

Washington faces a narrowing window to pass the CLARITY Act, with Senator Cynthia Lummis warning that failure to move the digital asset market structure bill through Congress this session could leave the country without comprehensive crypto rules until 2030.The warning has sharpened pressure on lawmakers, regulators and industry groups after years of legal uncertainty over whether many digital tokens should be treated as securities, commodities, payment instruments or something else entirely. The legislation seeks to divide oversight between the Securities

OKX Ventures and Korea Investment & Securities are set to inject KRW 80 billion each into Coinone, strengthening the Seoul-based crypto exchange’s capital base as it prepares a broader push into stablecoins and tokenised securities.The planned investment, worth about $53 million from each backer, would give the two investors strategic exposure to one of Korea’s five licensed won-based cryptocurrency exchanges. Coinone is expected to use the funds to expand digital asset services beyond spot trading, with particular emphasis on products

Bitcoin’s key US demand gauge has stayed under pressure for much of 2026, reinforcing signs that large investors remain selective despite periods of price recovery and continued interest in spot exchange-traded funds.The Coinbase Premium Index, which tracks the price gap between Bitcoin on Coinbase’s dollar market and Binance’s global market, has struggled to hold positive territory since the start of the year. A weak or negative reading usually indicates that buying pressure from US-based institutional participants is lagging offshore demand,

XRP slipped deeper into a defensive trading zone this week as bearish retail commentary, weakening momentum and broader pressure across digital assets pushed sentiment close to levels that traders often associate with short-term capitulation.The token traded near $1.28, down more than 3% over 24 hours, while its market value hovered around $79bn. The decline extended a difficult stretch for holders after XRP lagged several large-cap digital assets and struggled to reclaim technical resistance near the mid-$1.30 range. Sentiment trackers showed

Shiba Inu traded in a narrow range on Tuesday as large holders pulled close to half a trillion SHIB tokens from exchanges, adding a fresh supply-side signal to a market still struggling to recover from last week’s sell-off.The meme token, the second largest in its category after Dogecoin, remained under pressure after losing ground over the past seven days. Its price action has been largely flat since mid-May, with buyers showing limited conviction and short-term traders reluctant to chase a

Immutable and XDC Network have recorded their largest exchange withdrawals of 2026, signalling a shift in investor behaviour as holders move tokens away from trading venues and into private wallets.On-chain data showed net outflows of about 4.67 million IMX, worth roughly $760,000, and 10.38 million XDC, valued at about $756,000, from exchange-linked wallets in a single day. The moves mark the strongest withdrawal readings for both assets this year and have drawn attention because exchange outflows are often interpreted as

Bitcoin slipped towards $75,000 as traders watched a developing “golden cross” on its chart, leaving the world’s largest cryptocurrency at a critical technical point even as global equity markets pushed to record highs.The token traded near $75,800 after touching an intraday low close to $75,200, extending pressure across major digital assets. Ether also weakened, hovering just above $2,080, while traders identified the $2,400 area as an important resistance level that would need to be reclaimed for broader confidence to recover.

Ripple has filed new United States trademark applications covering prime brokerage, securities lending, clearing, treasury operations and investment services, marking a deeper push into institutional finance after its $1.25 billion purchase of Hidden Road.The applications, covering Ripple’s word mark and Triskelion design, point to a broader strategy that goes beyond cross-border payments and blockchain settlement. They list services linked to asset management, investment advisory, hedge fund management, brokerage across major asset classes, financial clearinghouse functions, cash management, risk management, bank

Tether plans to launch GEL₮, a stablecoin representing the Georgian lari, with backing from Georgia’s government, placing the South Caucasus state among the earliest jurisdictions to test a privately issued digital version of a national currency under a dedicated stablecoin framework.The initiative, announced on 25 May 2026, is designed to support cross-border commerce, digital payments and fintech development by putting the lari on blockchain-based payment rails. Tether has described GEL₮ as a “digital representation” of the national currency, though key

Bitcoin’s recovery attempt is losing momentum as equity markets push higher, leaving traders focused on whether the largest digital asset is forming another lower high after a two-week pullback.The token was trading near $77,000 on Tuesday, after falling about 7 per cent over two weeks and failing to regain the stronger technical posture it held earlier this month. Ether was near $2,120, still trapped in a months-long range and down more than 10 per cent over the same period. The

BlockCon Punta Cana 2026 is positioning itself as a high-end business retreat where Web3 companies, iGaming operators, financiers and policy specialists will meet as digital assets move deeper into mainstream financial infrastructure.Scheduled for 25-28 November 2026 at Barceló Bávaro Beach in Punta Cana, Dominican Republic, the event is being promoted as an all-inclusive gathering designed around executive networking rather than a conventional expo-hall conference. Organisers expect about 1,000 participants, more than 50 speakers, representation from over 65 countries and participation

Hyperliquid’s HYPE token has climbed to record levels after the decentralised exchange channelled almost all of its trading-fee revenue into open-market token purchases, strengthening confidence in one of the fastest-growing protocols in crypto derivatives.The token traded above $64 over the weekend, extending a sharp advance that has taken it from below $4 at its 2024 lows to a position among the largest digital assets by market value. The rally has been driven by a combination of platform revenue, aggressive buybacks,

Echo Protocol’s Monad deployment suffered a major security breach after a compromised administrator key allowed an attacker to mint about 1,000 unauthorised eBTC tokens, creating a notional exposure of roughly $77 million and forcing the project to halt cross-chain activity.The incident, detected on 19 May 2026, centred on eBTC, Echo Protocol’s synthetic Bitcoin asset used across decentralised finance markets. The unauthorised tokens were created on Monad, a high-performance Layer 1 blockchain that has attracted growing developer interest as new DeFi

THORChain has halted core network activity after a coordinated exploit drained about $10.7 million from one of its liquidity vaults, putting fresh scrutiny on the security model behind decentralised cross-chain swaps.The incident took place on May 15 and affected a single vault within the protocol’s infrastructure. Early estimates placed the loss lower, but subsequent checks revised the figure to about $10.7 million. The remaining vaults were not drained, while Solana-linked assets were described as unaffected because they rely on a

Tether is preparing to launch GEL₮, a blockchain-based stablecoin tied to the Georgian lari, with backing from Georgia’s government in a move aimed at putting the country’s currency on digital asset rails and strengthening its position as a regional fintech hub.The project, announced on Monday, would make GEL₮ a digital representation of the lari rather than a central bank digital currency. It is being positioned as a payment and settlement tool for lower-cost transfers, faster transaction processing, programmable payments and

Chainlink has made its data standard available through AWS Marketplace, giving cloud developers and enterprise technology teams a simpler route to deploy oracle infrastructure for tokenised assets, stablecoins, decentralised finance and on-chain financial applications.The launch brings Chainlink Data Feeds, Data Streams and Proof of Reserve into the AWS procurement environment, reducing the need for institutions to build bespoke systems to connect blockchains with market data, reserve information and existing enterprise infrastructure. The move strengthens the link between public cloud platforms

Bitcoin’s long-term security debate has sharpened after Glassnode mapped more than 6 million coins whose public keys have already been exposed on-chain, placing assets worth about $469 billion under theoretical risk from future quantum computers.Glassnode’s analysis estimates that 6.04 million Bitcoin, or 30.2 per cent of issued supply, sit in formats or usage patterns that could become vulnerable if quantum machines become powerful enough to derive private keys from public keys. The finding does not imply an immediate attack vector,

Dogecoin’s volatile online following has seized on a playful remark by co-creator Billy Markus after he floated the idea of a $20 trillion valuation for DOGE, reigniting speculative debate around the meme token even as its market price remains near a fraction of its 2021 peak.Markus, who posts on X under the name Shibetoshi Nakamoto, is known for sharp, ironic commentary on cryptocurrency culture. His latest remark was widely read as humour rather than a formal price forecast, but it

Chun Wang, co-founder of the Bitcoin mining pool F2Pool and commander of SpaceX’s Fram2 private astronaut flight, has been named for Starship’s first interplanetary human spaceflight mission, a planned Mars fly-by that places a cryptocurrency entrepreneur at the centre of one of the most ambitious commercial space ventures yet announced.The mission is designed as a two-year journey beyond the Earth-Moon system, flying past Mars before returning to Earth. No launch date, ticket price or full crew list has been disclosed,

Grayscale Investments has moved a step closer to launching a spot exchange-traded fund tied to Hyperliquid’s HYPE token after submitting a third amended S-1 registration statement to the US Securities and Exchange Commission, sharpening market expectations that regulated access to one of the fastest-growing decentralised trading ecosystems may be nearing approval.The proposed Grayscale HYPE ETF would trade on Nasdaq under the ticker GHYP if cleared by regulators. The fund is designed as a passive vehicle that would hold HYPE directly,

OKX is moving beyond digital assets into oil-linked derivatives through a partnership with Intercontinental Exchange, marking a fresh step in the convergence of crypto trading platforms and traditional commodity markets.The crypto exchange plans to introduce perpetual futures contracts tied to ICE Brent Crude and ICE WTI Crude benchmarks, giving eligible users exposure to two of the world’s most closely watched oil price references without using conventional futures contracts. The products will be offered only in jurisdictions where OKX is licensed

Hyperliquid’s HYPE token has pushed beyond its former record, turning a sharp 24-hour rally into one of the most closely watched moves in the digital-asset market as trading volumes, exchange activity and listed-product demand converge around the decentralised derivatives platform.HYPE traded above $62 after gaining strongly through the week, surpassing the previous peak near $59 set in September 2025. The move lifted the token into the upper tier of crypto assets by market value, with live market data placing its

Binance has launched a SpaceX-linked pre-IPO perpetual futures contract, giving crypto traders synthetic exposure to one of the world’s most closely watched private companies before any public share sale is completed. The product began trading on May 21 under the SPCXUSDT ticker, marking Binance’s first move into a new class of pre-listing derivatives tied to private-market valuations.The contract is settled in USDT and tracks Space Exploration Technologies Corp. through a Binance-estimated share count of 11.87 billion, a figure the