Joseph Rees

Ondo Finance Clears First XRP Ledger Treasury Redemption Into Singapore Bank

Key Takeaways Ondo, Ripple, and Mastercard piloted a cross-border Treasury redemption on the XRP Ledger on May 6. The test proves 24/7 real-time settlement for tokenized assets, solving a major friction point for banks. Next, Ondo joins a DTCC working…

NUVA Digital Raises $5.2M in Seed Funding Led by Morgan Creek Digital

NUVA Digital, the software development firm behind the real-world asset (RWA) platform NUVA, announced on April 28 it has secured US$5.2 million in a seed funding round led by Morgan Creek Digital. The company, co-created by Animoca Brands and Nuva…

Kraken Launches US Spot Margin Trading With up to 10x Leverage

Key Takeaways Kraken introduced U.S.-regulated spot margin trading for eligible U.S. clients on Kraken Pro. Traders can use approved crypto assets with up to 10x leverage and collateral controls. Additional products may follow as Payward expands regulated trading across related…

Evernorth Adding Ripple Legal Chief to Board Ahead of XRP Treasury Push

Key Takeaways Evernorth named new board members and executives ahead of its planned public listing. Ripple’s legal chief, Stuart Alderoty, is expected to join the board after closing. Company leaders plan to offer regulated XRP exposure through an active treasury…

Circle Urges OCC to Finalize Strong GENIUS Act Stablecoin Rules

Key Takeaways Circle supported OCC rules for payment stablecoins under a national licensing framework. Uniform standards could reduce arbitrage, protect users, and support trusted digital dollars. Final rules may shape redemption, reserves, supervision, and issuer competition nationwide. Circle Backs National…

Panama Player Accuses World Cup Veteran Teammate of Match-Fixing After Own Goal

Key Takeaways Gustavo Herrera publicly accused teammate Jose Calderón of match-fixing. Sporting San Miguelito self-reported its 40-year-old goalkeeper, who has 44 caps for Panama’s national team; he denied wrongdoing. Liga Panamena de Futbol’s formal investigation comes ahead of heightened regulatory…

Bitfinex Analysts Flag $84,766 Trigger as Bitcoin Tests $81,500 After Sharp Reversal

Key Takeaways Bitcoin hit $82,833 on Wednesday as Trump paused Gulf ship escorts and U.S.-Iran peace talks advanced. Geopolitical swings caused $188 million in liquidations, though Bitfinex saw $375 million in spot demand. Analysts eye a close above $84,766 to…

TEAMZ Summit Returns in 2027 Following Landmark Tokyo Edition

PRESS RELEASE. Tokyo, Japan – May 2026. TEAMZ Inc. has confirmed that TEAMZ Summit will return in 2027, following the conclusion of TEAMZ Summit 2026 – the largest edition of the event to date and one of the most significant…

Oil Sinks to $88, Then Spikes as Iran Claims Control of Hormuz

Key Takeaways Trump’s hopes to end Epic Fury dropped WTI to $88.66, but future deals face hurdles from Iran’s new demands. Iran’s new Persian Gulf Strait Authority threatens US talks by demanding a fee for future Hormuz transits. Rejecting US…

Gh0st Privacy Protocol Goes Live on BNB Chain, Breaks Wallet-to-Trade Links

Key Takeaways: Gh0st has launched on BNB Chain, routing trades through dozens of wallets to mask user addresses. BNB Chain’s 2026 roadmap targets native privacy features, adding context to Gh0st’s third-party deployment. Gh0st joins Railgun, Aztec, and COTI as privacy…