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  • Ethereum Layer 2 RISE Network Now Live on Mainnet

    Ethereum Layer 2 RISE Network Now Live on Mainnet

    The high-performance decentralized finance network, RISE, is now live on the Ethereum Layer 2 mainnet. This significant achievement marks a new chapter in blockchain technology. RISE delivers execution speeds under three milliseconds and handles over 100,000 transactions per second. Launching on the mainnet is a major milestone for blockchain technology.…

  • Circle Submits Recommendations for Digital Payments Licensing

    Circle Submits Recommendations for Digital Payments Licensing

    Circle, a prominent digital assets company and U.S. dollar payment stablecoin issuer, recently submitted an insightful response to federal regulators. The goal? To offer a robust set of recommendations refining the new national licensing system for digital payments. This official submission took place on May 1, 2026. This strategic move…

  • Mesta Broadens Platform to Transform Business Finance

    Mesta Broadens Platform to Transform Business Finance

    In today’s digital age, businesses constantly seek better ways to manage cross-border finances. Stablecoin infrastructure startups like Mesta are gaining traction. Based in Miami, Mesta is expanding its platform beyond just payments. Recently, Mesta announced an expansion of its services to include accounts, wallets, yield, and card products. This significant…

  • Shift to Tokenisation Gains Momentum, Chainalysis Reports

    Shift to Tokenisation Gains Momentum, Chainalysis Reports

    Chainalysis, a prominent blockchain analysis firm, recently highlighted the increasing shift in traditional finance towards tokenization. This trend involves converting tangible assets like bonds, private credit, and money market funds into digital tokens on public blockchains. As reported by Chainalysis, this change is swiftly gaining traction as more major institutions…

  • Morgan Stanley Launches Crypto Trading via ETrade

    Morgan Stanley Launches Crypto Trading via ETrade

    Morgan Stanley (NYSE:MS) has taken a significant leap towards mainstream crypto adoption. They ventured into cryptocurrency trading last year. They announced plans to include crypto trading in the widely-used online brokerage, ETrade, in partnership with ZeroHash. This week, ETrade began offering trading in Bitcoin, Ethereum, and Solana. This development signifies…

  • NYC Mayor Mamdani Faces Citadel Founder’s Critique

    NYC Mayor Mamdani Faces Citadel Founder’s Critique

    Zohran Mamdani, New York City’s Mayor, recently drew criticism from Ken Griffin, Citadel’s founder. This backlash came after Mamdani’s promotional video. The video used Griffin symbolically, advocating the notion that the city’s wealthy should face repercussions for their affluence. The mayor’s message targeted Griffin’s “pied a terre” specifically. This term…

  • Kelp DAO Boosts Security with Chainlink’s CCIP Switch

    Kelp DAO Boosts Security with Chainlink’s CCIP Switch

    With a focus on enhancing security, Kelp DAO has decided to switch from LayerZero to Chainlink’s Cross-Chain Interoperability Protocol (CCIP). This change will serve as the core of its rsETH liquid restaking token. The announcement, made on May 5, is a response to a significant security incident in April that…

  • CME Group to Launch Bitcoin Volatility Futures in June

    CME Group to Launch Bitcoin Volatility Futures in June

    CME Group, a global futures and options trading platform, plans to expand its crypto product range. Recently, they announced the upcoming introduction of Bitcoin Volatility futures contracts, set to debut on June 1, pending regulatory approval from the Commodity Futures Trading Commission. This decision signifies a major expansion of the…

  • SEC Proposes Shift to Semi-Annual Reporting for Public Firms

    SEC Proposes Shift to Semi-Annual Reporting for Public Firms

    In recent years, the cost of running a public company has risen significantly, leading to fewer such firms. Compliance is the main driver of this cost increase. The Securities and Exchange Commission (SEC) is proposing a novel solution to tackle this issue. The SEC, a US regulator ensuring fair, efficient…

  • DeFi and TradFi Convergence Reshapes 2026 Financial Landscape

    DeFi and TradFi Convergence Reshapes 2026 Financial Landscape

    In 2026, the financial ecosystem is witnessing significant transformations. Both traditional financial (TradFi) systems and Decentralised Finance (DeFi) technologies are merging. This fusion of old and new is reshaping the financial landscape and democratizing global finance access. One major development is the introduction of US dollar-backed stablecoins. Designed to reduce…

  • Avalanche L1 Blockchain Thrives in Q1 2026, Nansen Reports

    Avalanche L1 Blockchain Thrives in Q1 2026, Nansen Reports

    Nansen, a research firm, has underscored the steady growth and robust performance of the Avalanche L1 blockchain ecosystem in 2026’s first quarter. The report suggests that Avalanche reinforces its position as a high-performing Layer-1 blockchain. This is mainly attributed to its swift finality, low costs, and adaptability. Developed by Ava…

  • Citadel Moves Jobs to Miami, Citing NYC’s Socialist Policies

    Citadel Moves Jobs to Miami, Citing NYC’s Socialist Policies

    Chicago-based hedge fund Citadel is transferring jobs from New York City to Miami. Citadel’s CEO, Ken Griffin, confirmed this move, blaming it on the socialist policies of New York City’s Mayor, Zohran Mamdani. Griffin stated that Citadel is already in the process of expanding their Miami offices. This development will…

  • World Liberty Financial Sues Blockchain Entrepreneur Justin Sun

    World Liberty Financial Sues Blockchain Entrepreneur Justin Sun

    World Liberty Financial has sued well-known blockchain entrepreneur Justin Sun. They filed a defamation lawsuit on May 4 in Florida’s Eleventh Judicial Circuit Court for Miami-Dade County. The company claims Sun knowingly spread misleading public statements to harm their project’s integrity. World Liberty Financial asserts that Sun’s comments have severely…

  • DTCC Builds New Tokenisation Platform for Digital Assets

    DTCC Builds New Tokenisation Platform for Digital Assets

    The Depository Trust & Clearing Corporation (DTCC) announced a significant development on May 4, 2026. They’re building a new tokenisation platform through their subsidiary, The Depository Trust Company (DTC). This move represents a major step towards the adoption of digital assets in the financial sector. As part of this project,…

  • ZyG Raises $60m in Series A Funding Led by Accel

    ZyG Raises $60m in Series A Funding Led by Accel

    ZyG, an agentic eCommerce company, has triumphantly secured $60 million in a Series A funding round. The leading venture capital firm, Accel, led the round. Importantly, Sonali De Rycker, an Accel partner, will join the ZyG board of directors as part of the deal. This funding round, a significant victory…

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