Key Takeaways Senator Warren’s scrutiny over OCC trust charters intensified as crypto custody regulation drew broader attention. Crypto custody protections remained central as Belshe said client assets stay segregated from lending activity. Belshe argued that trust banks and fractional reserve banks should be classified under clearer terminology. OCC Charter Fight Puts Digital Asset Custody Under…
Key Takeaways Nakamoto Inc. executes a 1-for-40 reverse split on May 22, 2026, to meet Nasdaq’s $1 minimum bid requirement. NAKA shares outstanding drop from 696.1 million to 17.4 million, while 10 billion authorized shares remain, raising dilution risk. CEO David Bailey’s bitcoin treasury firm holds 5,058 BTC but faces scrutiny over prior BTC sales…
Key Takeaways Bitcoin long traders lost $584 million in a single Monday session, the largest long wipe-out since early February. Bitfinex analysts place BTC’s critical support at the May Monthly Open of $76,318, aligning with the 30-day accumulator cohort cost basis near $76,500. Stablecoin market cap reached $322 billion, adding $2 billion in a week,…
Key Takeaways The Zcash Foundation closed Q1 2026 with $36.7M in net liquid assets and $817,618 in total operating expenses. The SEC concluded its investigation into the Zcash Foundation with no enforcement action, removing a major regulatory overhang for ZEC. ZF plans NU7 implementation and Z3 stack advancement in Q2 2026, with Zcon7 scheduled for…
Key Takeaways Gov. McMaster signed S.163 into law, making South Carolina’s crypto protections among the strongest in the U.S. The bill passed 110-1 in the House and bans state agencies from accepting or testing any Federal Reserve central bank digital currency ( CBDC). South Carolina joins Texas and Florida in offering miners and blockchain operators…
Key Takeaways Bitcoin holds near $77,400 on May 20 as BTC tests resistance near the $78,000 zone. Market indicators show mixed momentum, with MACD and Momentum flashing sell signals. BTC bulls now watch the $77.5K-$78K breakout zone for a possible move toward $80K. Bitcoin Chart Outlook Bitcoin is priced at $77,440 during the early morning…
Key Takeaways Parliament passed a law granting Rwanda’s CMA explicit power to license and regulate virtual asset providers. Jerome Ndayambaje noted bitcoin faces high scrutiny, while some of the world’s 9,000 cryptos will be blocked. The CMA is currently drafting secondary regulations to formally launch its licensing regime for crypto firms. Mandatory Licensing for Crypto…
Key Takeaways Senator Lummis believes the U.S. must immediately pass the CLARITY Act to avoid losing global crypto leadership to China and Europe. China’s digital yuan and Europe’s MiCA framework have given rivals a regulatory edge over U.S. firms. The GENIUS and CLARITY acts are advancing in the Senate, targeting a 2026 vote. US Cannot…
Key Takeaways Mini Shai-Hulud exploited GitHub Actions on May 19, compromising 300+ npm packages across 16M weekly downloads. The malware installs a dead-man’s switch that wipes the developer’s machine if the stolen npm token is revoked. GitHub responded May 20 with staged publishing, bulk OIDC onboarding, and a plan to deprecate legacy npm tokens. Mini…
Key Takeaways Solana RWA assets jumped 43% to $2.01B in Q1, led by Blackrock’s BUIDL. Solana app revenue held at $342.2M despite SOL falling 33% and DeFi TVL dropping 22%. Solana’s Alpenglow upgrade targets 150ms finality to boost network scalability in 2026. Solana App Revenue Holds $342M Despite SOL Declining by 33% Solana’s blockchain economy…
