Fintech news

A wallet onchain linked to venture capital firm a16z (Andreessen Horowitz) by Lookonchain has quietly accumulated 2.11 million HYPE tokens worth approximately $90.87 million since April 14. Smart Money Bets on Hyperliquid Dip Blockchain analytics firm Lookonchain flagged that wallet 0xb5E4, whose funding history and transaction patterns have led multiple analysts to associate it with

An alleged support impersonation scheme led to more than $13 million in cryptocurrency wallet losses, according to the DOJ. The case centers on fake support claims, unauthorized digital account access, wallet transfers, and laundering through luxury spending. Support Impersonation Scheme Led to Crypto Wallet Losses The Department of Justice (DOJ) announced on May 11 that

Standard Chartered expects DeFi protocols to gain importance as $4 trillion in tokenized assets move on-chain. The bank says stablecoins and real-world assets could expand protocol activity through deposits, lending, and capital efficiency. Tokenized Assets Put DeFi Protocols in Focus Standard Chartered Bank forecast in a report published on May 18 that tokenized assets on

Nine linked Polymarket accounts earned over $2.4 million with an unprecedented 98% win rate by betting on the exact timing of U.S. military operations in Iran. The Rise of Geopolitical Betting Nine linked accounts on the prediction platform Polymarket earned more than $2.4 million by wagering almost exclusively on the timing of U.S. military actions

The U.S. Securities and Exchange Commission (SEC) is expected to release an innovation exemption for tokenized stocks as soon as this week, according to people familiar with the matter speaking with Bloomberg. SEC Innovation Exemption Signals Major Shift for Onchain U.S. Equity Trading in 2026 The exemption creates a new framework for trading tokens that

Galaxy Digital secured a Bitlicense and Money Transmission License from the New York State Department of Financial Services (NYDFS) on May 18, allowing the company to offer regulated digital asset services to institutions across New York State. Galaxy Scores New York’s Bitlicense Galaxyone Prime NY, the Galaxy entity designated to serve New York clients, received

BTC’s slide toward $76,000 pushed bitcoin sentiment into bearish territory, according to Santiment. The firm said retail pessimism hit its weakest level in nearly four weeks, a setup it views as supportive for a potential rebound. Bitcoin Sentiment Ratio Turns Bearish After BTC Slide Bitcoin traded near $77,000 around 5:36 p.m. after briefly dipping toward

After approaching $40 per petahash per second (PH/s) in hashprice terms, bitcoin’s latest price decline triggered a pullback in hashprice, reducing mining profitability since May 14. Conditions tightened further the next day when the difficulty adjustment arrived, pushing mining difficulty 3.12% higher than the previous epoch. Bitcoin Petahash Value Slides to $35 as Mining Difficulty

Blockchain investigator ZachXBT has renewed his assault on Bitget, accusing the exchange of knowingly enabling market makers to run supply control manipulation schemes on retail traders, the latest move in a months-long campaign targeting what he has called a “Chinese CEX cartel.” Bitget Accused of Enabling Supply Control Manipulation In a post on Monday, ZachXBT

As the XRP Ledger continues gaining momentum in the rapidly growing real-world asset ( RWA) sector, a new project is aiming to bring tokenized real estate directly onto XRPL infrastructure. SurgeXRP is building a blockchain-powered marketplace focused on rental real estate and fractional property access through the XRP Ledger, positioning itself within one of the