UAE’s Innovation City Launches Blockchain-Based IDs, Pushing Firms to Instant Checks
Key Takeaways: Innovation City launched an onchain identity system on May 4 to replace static PDF business licenses. IOPn’s OPN chain supports 10,000+ TPS to
Crypto Influencer Claims Binance to Relaunch in the Philippines via ‘Backdoor’ in June 2026
Global cryptocurrency exchange Binance is allegedly preparing to legally re-enter the Philippine market by June 2026 through a local entity, according to claims made by
Haun Ventures Unveils $1 Billion Fund to Build the Next Financial System
Key Takeaways: Haun Ventures launched a $1 billion fund to back startups building the next-generation financial system. Unlike its $1.5B 2022 funds, Katie Haun shifts
Yen Carry Trade on Steroids? Strategist Flags Bitcoin-Linked STRC Yields
Key Takeaways: Comparison to the yen carry trade signals potential for large-scale capital reallocation. STRC offers monthly cash dividends, public-market access, and an 11.52% effective
Uphold Rejects New York Claims After $5M Customer Repayment Deal
Key Takeaways: Uphold disputed New York’s claims and denied knowingly promoting Cred’s alleged misconduct. Customers will receive more than $5 million through repayments and transferred
Influencer Ashcrypto Under Fire for Alleged ROYA Pump-and-Dump Scheme – Bitcoin News
Key Takeaways: ZachXBT alleged that Ashcrypto ran several pump-and-dump schemes on illiquid CEX-listed altcoins. Evidence shows Ashcrypto called ROYA publicly, then told followers he was
UAE Intercepts Missiles as Bitcoin Surges Past $80K, Triggering $270M Liquidations
Key Takeaways Bitcoin hit a 3-month peak of $80,617 on May 4, possibly signaling the end of the latest crypto winter. Volatility caused $554 million
DTCC Tokenization Draws 50+ Firms for Live Securities Testing
Key Takeaways: DTCC plans July live trades before an October rollout for tokenized securities markets. Participation includes over 50 firms across banking, custody, trading, and
Binance Launches Withdrawal Lock Feature to Block Forced Fund Transfers
Key Takeaways: Binance introduced Withdraw Protection to block on-chain withdrawals during user-selected lockdown windows. Coercion risks can bypass passwords, 2FA, and other standard digital safeguards.
WTI and Brent Surge Following False Reports of US Warship Attack in Hormuz
Key Takeaways: CENTCOM denied reports of 2 IRGC missiles striking a U.S. ship during Trump’s Project Freedom. Fearing disruptions to 20% of global crude, WTI