Month: May 2026

Entain Directly Targets Premier League Clubs Citing ‘Cryptocurrency Reliance’ in Sponsor Ban

Key Takeaways Entain’s general counsel wrote to six Premier League clubs on May 15 over unlicensed gambling sponsor deals. Zinger letters cite Stake’s “ cryptocurrency reliance” and BJ88’s “unregulated payment methods like cryptocurrency.” Escalation follows February’s letter to Premier League…

Connex releases 17.95m in CONX tokens today

Connex released 1.32 million CONX tokens worth $17.95 million on May 15 in a scheduled cliff unlock. Summary Connex unlocked 1.32 million CONX tokens valued at approximately $17.95 million on May 15, 2026. The unlock represents 1.49% of Connex’s released…

XRP Momentum Shifts Bullish Against Both USD and BTC

XRP is trading at $1.43, rising above the most technically significant resistance cluster it has faced in months. The price has simultaneously broken the 100-day MA and the descending channel’s upper boundary on the USDT pair, while the BTC pair…

OKX Targets South Korea Entry With Proposed 20% Coinone Investment

Key Takeaways OKX and Korea Investment could buy 20% each of Coinone via new share issuance. Coinone deal could open South Korea’s tightly regulated crypto market to global firms. South Korea reforms could shape how far OKX can expand in…

CME and ICE target Hyperliquid over manipulation

CME Group and ICE urged US regulators to scrutinize Hyperliquid for manipulation and sanctions risks on May 15. Summary CME Group and ICE, the NYSE parent, asked the CFTC and Congress to investigate Hyperliquid for manipulation and sanctions risks. Hyperliquid’s…

XRP Ledger Activity Jumps as Price Tests $1.55, Large Wallets Set Record

Key Takeaways XRP Ledger activity rose sharply as price strength drew renewed wallet participation. Santiment recorded 48,453 active wallets, the network’s strongest reading since March. Sustained wallet growth could support XRP if participation remains elevated after the rally. XRP Ledger…

Myanmar proposes life in prison for crypto scam

Myanmar’s military published a draft bill on May 14 proposing life in prison for crypto scam operators. Summary Myanmar’s Anti-Online Scam Bill proposes life imprisonment for operating digital currency scam centers. The bill allows the death penalty for individuals using…

New Fed Chair Confirmed | Crypto Catch Up | May 10 – 16, 2026

The global financial landscape reached a historic crossroads this week with the confirmation of a new Fed Chair, while the crypto industry navigates a “marketing winter” and the rise of tokenized real-world assets. Here are the crypto news you may…

Crypto

Bitwise Set to Launch Hyperliquid (HYPE) ETF

The launch comes only days after another HYPE ETF, 21Shares’ THYP, started trading, racking up $1.8M on its debut. Asset manager Bitwise is set to launch an exchange-traded fund tracking Hyperliquid’s native HYPE token. The ETF will start trading…

Revolut wins FCA approval for private wealth push

Revolut secured FCA approval on May 14 to offer private wealth services and leveraged products in the UK. Summary The FCA granted Revolut Trading a Variation of Permissions enabling managed investments and principal dealing for the first time. Revolut plans…