Ondo Finance has successfully piloted the first near-real-time, cross-border redemption of a tokenized U.S. Treasury fund, leveraging the XRP Ledger and Mastercard’s Multi-Token Network to bridge public blockchain and traditional banking. Integration of Public and Private Infrastructure Ondo Finance, a leader in the tokenized asset space, announced May 6 the successful completion of the first…Read More

Galaxy Digital’s Thaddeus Pinakiewicz noted that Aave is now only 10% short of recovering from the bad debt that hit its lending protocol after the Kelp DAO hack.Read More

A Kenyan court has ordered the weeklong detention of a man accused of operating a fraudulent cryptocurrency investment platform. Suspicious App Triggered Investigation A Kenyan court ordered the weeklong detention of the alleged operator of a fraudulent cryptocurrency-themed investment platform, as detectives investigate a multilayered scheme that collected about $440,000 from unsuspecting investors. The order…Read More

Bitwise investment chief Matt Hougan says projections tipping stablecoins to hit $4 trillion in value by 2030 could happen if major tech firms continue to adopt them.Read More

Kraken has launched regulated crypto spot margin trading for eligible U.S. users on Kraken Pro, offering up to 10x leverage without accredited investor status. The service runs through Kraken Derivatives US and includes collateral controls, liquidation levels, and risk disclosures. Kraken Expands Regulated Trading Access Crypto exchange Kraken has expanded its U.S. trading offering by…Read More

A multistate coalition told the Commodity Futures Trading Commission that sports-related prediction markets should remain under state gambling oversight, arguing the contracts function as wagers rather than financial derivatives. The attorneys general said these products closely resemble traditional sportsbook wagers on winners, spreads, totals, and player statistics. States Say Sports Markets Belong Under Gambling Oversight…Read More

The cross-border tokenized US Treasury transaction using blockchain and banking rails builds on an earlier pilot in which the same fund moved between a public and permissioned blockchain.Read More

Evernorth is expanding its leadership team as it moves toward a planned public listing. The company said the strategy is designed to support institutional adoption of XRP through a regulated public-company structure. Evernorth Expands Leadership Team Evernorth Holdings Inc. announced on May 5, 2026, that it is expanding its leadership team with new board members…Read More

Ether rallies are abruptly capped at $2,400 and multiple data points suggest this pattern will remain in play for the foreseeable future.Read More

Bitcoin’s market dominance climbed above 61% as BTC led crypto market flows. Data also showed Binance-listed altcoins’ share of volume hitting 49% in March.Read More