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 […]
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 […]
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 […]
Abu Dhabi’s International Holding Company has completed a Dhs110m transaction using DDSC on ADI Chain, marking one of the first live institutional-scale tests of a UAE dirham-backed stablecoin on a regulated blockchain infrastructure. The transfer, valued at about $30m, was executed on ADI Chain, an institutional Layer-2 blockchain developed by ADI Foundation. DDSC is designed as a digital payment token backed one-for-one by UAE dirham reserves, positioning […]
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 […]
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 […]
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 […]
Variational has raised about $50 million in a Series A round led by Dragonfly, giving the peer-to-peer derivatives startup fresh capital to expand perpetual futures tied to real-world assets including oil, gold, silver and copper. The funding marks a sharper push by decentralised finance firms into traditional market instruments at a time when traders are seeking broader access to commodities, indices, foreign exchange and equities through blockchain-based […]
Shiba Inu is drawing fresh attention from crypto traders after a market analyst said the meme token could enter a high-momentum breakout phase if it clears a long-running resistance structure that has capped its valuation since late 2024. The token was trading near $0.000006 on Friday, with a market value of roughly $3.4 billion and a circulating supply of more than 589 trillion SHIB. The latest technical […]
Sui has launched gasless stablecoin transfers on its mainnet, allowing users and businesses to send supported dollar-pegged tokens without paying network fees or holding SUI separately for gas. The protocol-level feature, backed at launch by Fireblocks, marks a push by the layer-1 blockchain to strengthen its role in payments, treasury movement and on-chain settlement. The change applies to supported stablecoins including USDC, USDsui, suiUSDe, AUSD, FDUSD, USDB […]
DipCoin has completed its first year on the Sui blockchain, seeking to strengthen its position in decentralised multi-asset trading after building its platform around perpetual contracts, self-custody, transparency and faster execution. Launched on May 21, 2025, the Sui-based decentralised exchange has used its first anniversary to highlight what it describes as a zero-incident operating record, a key claim in a market where security failures, liquidity shocks and […]
Arabian Post Staff -Dubai ARP Digital has joined the Fireblocks Network for Payments as its designated GCC corridor settlement partner, giving fintechs, payment service providers and financial institutions a regulated route into Gulf payment corridors through a single integration. The arrangement positions the Bahrain-licensed digital capital infrastructure platform as a settlement counterparty for Fireblocks’ global network, with live rails covering the UAE dirham, Bahraini dinar and other […]
SINGAPORE – Media OutReach Newswire – 20 May 2026 – DigiFT, a regulated digital asset exchange for institutional-grade real-world assets, and Franklin Templeton, a global investment leader with USD 1.74 trillion in assets under management, today announced a long-term strategic partnership to make the Benji Technology Platform and its related tokenization products available to accredited and institutional investors through DigiFT’s platform. DigiFT holds Capital Markets Services and Recognised Market Operator licences from the Monetary Authority of Singapore (MAS) — a regulatory standing that makes DigiFT specifically authorised to distribute regulated securities tokens to institutional investors in Singapore.
(Left) Henry Zhang, Founder and Group CEO at DigiFT and (Right) Chetan Karkhanis, SVP Digital Asset Partnership Development at Franklin Templeton
The collaboration is grounded in a shared early commitment to institutional tokenization. Franklin Templeton launched the first U.S.-registered mutual fund to use a public blockchain to process transactions and record share ownership in 2021. DigiFT has built one of Asia’s most comprehensively regulated platforms for institutional tokenized asset distribution — holding licences in both Singapore and Hong Kong, including Type 1 and Type 4 licences from the Securities and Futures Commission of Hong Kong. This partnership brings those two track records together: DigiFT will serve as a key distributor across Asia, with both organisations committed to expanding the scope of their work together over time.
The partnership arrives at a decisive moment. In 2025, tokenized real-world assets distributed on public blockchains grew from approximately USD 5.5 billion to USD 18.6 billion, with tokenized U.S. government securities emerging as the leading institutional category. This growth underscores a structural inefficiency in digital markets, where institutional capital is frequently held in non‑yielding stablecoins or on‑exchange balances, while traditional fund infrastructure remains constrained by defined settlement cycles. The Benji Technology Platform and its related tokenization products are designed to address this gap by supporting the tokenization of U.S. government securities strategies that accrue yield continuously, including intraday accrual, through Franklin Templeton’s patent‑pending Intraday Yield mechanism. It also supports 24/7 transferability between permissioned wallets and near‑instant on‑chain settlement, enabling a range of potential institutional treasury management, payment and settlement use cases, and deployable off‑exchange collateral for institutional market participants.
Henry Zhang, Founder and Group CEO of DigiFT, said: “DigiFT was built with a specific conviction: that institutional investors deserve access to the world’s best on-chain financial instruments, through a platform that meets the regulatory standard they require. The partnership with Franklin Templeton reflects that conviction and marks the beginning of a long-term strategic collaboration to bring tokenized solutions to market.”
Chetan Karkhanis, SVP, Digital Asset Partnership Development at Franklin Templeton, said: “The partners we choose reflect our long-term commitment, not just our near-term distribution objectives towards bringing the benefits of blockchain and tokenization to the industry. DigiFT’s leadership and innovative edge, together with the institutional infrastructure they have built, provides a strong foundation for this partnership. This marks the beginning of what we expect to be an expanding and enduring collaboration.” Hashtag: #DigiFT
Washington regulators are preparing a major shift in digital-asset oversight that could allow tokenised versions of stocks to trade on crypto platforms, opening a new front in the contest between blockchain firms and traditional exchanges. The U. S. Securities and Exchange Commission is expected to unveil an “innovation exemption” during the week of 18 May, giving selected market participants limited relief from existing securities rules while they […]
Cardano’s payments push is moving into Japan through a partnership linking EMURGO, SecondFi and Slash Vision Labs, in a move designed to bring stablecoin spending into one of Asia’s most sophisticated cashless markets. EMURGO, a co-founding entity of the Cardano blockchain, has tied its consumer finance strategy to Slash Vision Labs’ payments infrastructure to make the Cardano Card available to users in Japan through the SecondFi app. […]
Tehran has moved to turn the Strait of Hormuz crisis into a new insurance and payments channel, with an Iran-linked platform branded Hormuz Safe offering maritime cargo cover tied to cryptocurrency settlement for vessels using the strategic waterway. The initiative targets shipowners, charterers and cargo interests facing sharply higher war-risk costs, disrupted routing and mounting legal uncertainty across a corridor that remains central to global energy trade. […]
Arabian Post Staff -Dubai Standard Chartered is moving to bring Zodia Custody’s crypto custody business inside its own digital-asset operations, marking a sharper push by the London-headquartered bank to capture institutional demand for regulated storage of tokens and blockchain-based financial assets. The planned acquisition would fold key custody activities of Zodia Custody Ltd., a majority-owned subsidiary, into Standard Chartered’s corporate and investment banking division, where the bank […]
CertiK has warned that attackers are using artificial intelligence to scan ageing smart contracts for exploitable flaws, raising the risk level for decentralised finance projects that still rely on older code, inherited protocol designs and under-maintained deployments. The blockchain security firm’s May 15 alert points to a shift in the economics of crypto attacks. Vulnerability hunting that once required time, specialist knowledge and manual review can now […]
Kelp DAO has moved rsETH back towards normal operations after a $292 million April exploit exposed weaknesses in cross-chain verification and triggered one of decentralised finance’s largest recovery efforts of the year. The liquid restaking protocol, working with Aave and other ecosystem participants, has completed the burn of exploiter-linked rsETH on Arbitrum and begun restoring the token’s backing through a staged refill into the LayerZero OFT adapter […]
XRP has returned to the centre of speculative crypto trading after market commentator X Finance Bull argued that the token could be nearing a sharp breakout, citing the XRP Ledger’s rising position in real-world asset tokenisation and renewed interest in institutional blockchain settlement. The call has focused attention on a possible move towards $10, a level that would require XRP to rise more than sevenfold from about […]
Ethereum is entering a critical trading phase as BitMine Immersion Technologies pushes its corporate treasury close to 5 per cent of the network’s total supply, sharpening debate over whether concentrated accumulation can support prices or magnify volatility. The token was trading near $2,227 on Saturday, after slipping during the session from an intraday high above $2,310. The move kept ether above the $2,100 level watched by some […]
A Bitcoin holder’s claim that Anthropic’s Claude helped unlock a college-era wallet containing 5 BTC has stirred fresh debate over artificial intelligence, digital forensics and the vast store of cryptocurrency believed to be stranded behind forgotten passwords. The pseudonymous user, posting on X, said access was regained after more than a decade of failed attempts to recover an old wallet created during college years. At current market […]
Dubai is positioning itself as a citywide stage for blockchain and Web3 activity as MENA Blockchain Week opens a decentralised programme designed to connect founders, investors, institutions, regulators and technology communities across multiple venues. MENA Blockchain Week, known as MENABCW, has been launched as a seven-day initiative running from 18 to 24 May 2026, with Dubai serving not as a single conference location but as the broader […]
Bitcoin traders are positioning for a possible push towards $90,000 after the CLARITY Act cleared a key Senate committee vote, giving digital asset markets their strongest regulatory signal from Washington this year. The largest cryptocurrency traded near $80,600 on Friday after briefly testing the $82,000 area, with market participants watching whether legislative momentum in the United States can extend a rally that has already lifted sentiment across […]
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