Crypto Traders Brace for $1.5B Bitcoin Options Expiry Today
The end of the week is upon us again, with another crypto options expiry event as spot markets continue to correct. Around 20,500 Bitcoin options contracts will expire on Friday, May 22, with a notional value of roughly $1.5…
MAS revokes Bsquared license over false statements
Singapore’s MAS has revoked the Bsquared license after finding false statements and serious regulatory breaches at the crypto firm. Summary Singapore’s MAS revoked Bsquared Technology’s MPI licence effective May 14, less than 18 months after it was granted on January…
Amundi Solana UCITS fund marks European first
Amundi Solana UCITS fund SAFO launches as Europe’s largest asset manager brings €2.4 trillion AUM to the chain. Summary Amundi, Europe’s largest asset manager, and Spiko Finance launched SAFO, a UCITS-compliant fund on Solana, making it the eighth chain in…
a16z-Backed Syndicate Labs Blames Shrinking Rollup Ecosystem for Shutdown Decision
Syndicate Labs revealed that all of its code will remain permanently open source and available for developers who want to continue building on the technology. Syndicate Labs, an on-chain development startup backed by Andreessen Horowitz, announced that it is…
AVAX staking launches on Kraken with up to 10% APY
Kraken has launched AVAX staking for eligible users globally, offering up to 10% APY on bonded positions. Summary Kraken launched AVAX staking on May 21 with three options: Bonded Staking up to 10% APY, plus Auto Earn and Flexible Staking…
Mark Cuban sells most Bitcoin as hedge thesis fails
Mark Cuban says he has sold roughly 80% of his Bitcoin holdings after losing confidence in its hedge narrative. Summary Mark Cuban told Front Office Sports he sold most of his Bitcoin after gold surged to $5,000 during the US-Iran…
WLFI Holders Dump 1.8B Tokens in Record Profit Event
“Age consumed” hit a record 17.4T, showing that long-dormant WLFI supply moved suddenly on-chain after Binance’s USD1/BTC listing. World Liberty Financial’s WLFI token recently hit a huge milestone after it recorded its highest-ever realized profit event. According to on-chain…
CLEAR collapses 48% as Everclear shuts down protocol
Everclear’s announcement of a full operational wind-down sent CLEAR sharply lower in the latest session. Summary As of May 21, CLEAR declined to $0.0002332, down over 48% in 24 hours Everclear confirmed full shutdown of protocol and operations Project previously…
3 AIs Debate Whether It Can Break Into the Top 10 in 2026
“Zcash is built to be a rebel – and rebels rarely win popularity contests,” Gemini stated. The recent price performance of the leading cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), and many others, reflects the broader…
Ethereum sees 3 firms test HKDAP stablecoin
Hong Kong’s first officially approved HKD-backed stablecoin, HKDAP, has completed a live transfer test on Ethereum involving three licensed firms. Summary Anchorpoint Financial, OSL Group, and PantherTrade executed the test on Ethereum mainnet HKDAP is pegged 1:1 to the Hong…
