Month: May 2026

Boerse Stuttgart Targets Europe’s Fragmented Markets With Tokenized Trades

Key Takeaways Boerse Stuttgart’s Seturion platform partnered with 3 major financial firms to build European blockchain rails. The unified framework will slash transaction costs for flatexDEGIRO’s 3.5 million retail brokerage clients. Tokenized structured securities will be the 1st asset class…

NFT

Layer 2 Shakeout: Zero Network, Everclear, and Syndicate Labs Wind Down

On May 21, 2026, Zero Network, Everclear, and Syndicate Labs all announced wind-downs or closures of their core sectors, marking a notable week for the crypto market as Ethereum Layer 2s and rollup infrastructure face a shakeout. The commonality does…

XRP Plunges to 6-Week Low as Fading Whale Activity Spells Further Trouble Ahead

Analysts predicted an even bigger decline to under $1.30 soon. It was less than ten days ago when the popular cross-border token challenged the $1.55 resistance. The subsequent rejection, though, was both immediate and violent. The past 24 hours…

Kevin Warsh sworn in as Fed chair at White House

Kevin Warsh was sworn in as Fed chair on Friday as Bitcoin trades near $77,400. Summary Warsh took the oath from Supreme Court Justice Clarence Thomas at a White House ceremony, succeeding Jerome Powell. The Senate confirmed Warsh 54-45, with…

NYSE Owner ICE Partners With OKX to Launch Perpetual Oil Futures

Key Takeaways ICE and OKX will launch perpetual Brent and WTI oil futures using ICE benchmarks. OKX expands beyond crypto as perp trading spreads into commodities and TradFi markets. ICE and CFTC are increasing focus on crypto-linked derivatives and perpetual…

Ethereum Layer 2 Zero Network Pulls the Plug After Just 1.5 Years

Zero Network assured users that all funds remain safe and bridgeable before the Ethereum Layer 2 permanently ceases block production on July 31. After operating for around 1.5 years, the Ethereum Layer 2 project Zero Network announced that it…

Ripple backs Squid’s $6M cross-chain round

Ripple joined a $6M funding round for cross-chain infrastructure platform Squid. Summary North Island Ventures led the $6M strategic round, with Ripple, Dialectic, and Borderless also participating. Squid has routed over $6 billion in volume through more than 4 million…

FDIC Study Links Digital Assets to Fastest Bank Runs in US History

Key Takeaways FDIC staff said depositors associated with the digital asset sector and active escrow depositors were more likely to run. Uninsured exposure intensified pressure, with more than 99.5% of Signature active escrow balances uninsured. Wire activity showed how quickly…

Nashville Rep pushes Bitcoin reserve bill

A Bitcoin reserve bill to codify Trump’s executive order gained a Nashville champion. Summary Rep. Matt Van Epps framed the American Reserve Modernization Act as an extension of Nashville’s growing Bitcoin ecosystem. ARMA would lock federally held Bitcoin for a…

Ghana Rolls Out 2025 Crypto Law as Regulators Target Fraud and AML Risks

Key Takeaways Ghana passed the VASP Act of 2025 to regulate its fast-growing virtual asset and cryptocurrency sector. Over 3 million Ghanaians now use crypto, boosting fintech but posing fraud risks to the financial system. The Securities and Exchange Commission…