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Author: James Wilson
F2Pool co-founder Chun Wang plans to join SpaceX’s Starship program for a two-year mission that would fly beyond the Earth-Moon system and past Mars. Summary F2Pool co-founder Chun Wang plans to join SpaceX’s two-year Starship mission for a Mars flyby. Wang previously commanded Fram2, the first human spaceflight to fly over Earth’s polar regions. F2Pool remains a major Bitcoin mining pool, holding about 10% market share by recent data. SpaceX has announced Wang as part of a planned Starship mission that would travel beyond the Earth-Moon system, conduct a Mars flyby, and return to Earth. Universe Today reported that SpaceX…
Ethereum sentiment has weakened sharply in May as traders react to price pressure, ETF outflows, Foundation exits, and slower network growth. Summary Santiment says Ethereum’s market cap fell 11.6% in 15 days as trader sentiment weakened. ETF outflows, Foundation exits, and slower network growth have fueled fresh Ethereum doubts in May. JPMorgan says ETH needs stronger network activity and real-world use to close Bitcoin’s widening lead. Santiment said Ethereum has seen a sharp shift in market mood, with its market cap down 11.6% over 15 days. The data platform said ETH is now at risk of falling below $2,000 for…
U.S. Securities and Exchange Commission Commissioner Hester Peirce has pushed back against expectations that the agency could soon open the door to unrestricted tokenized stock trading through a proposed “innovation exemption.” Summary SEC Commissioner Hester Peirce said any tokenized stock exemption would likely apply only to on-chain versions of existing public equities. Synthetic stock tokens that track share prices without shareholder rights are not expected to qualify under the proposed SEC framework. Industry executives from Superstate and Securitize said a narrower approach could reduce fragmentation risks in tokenized equity markets. According to comments Peirce posted on X on Thursday, any…
U.S. lawmakers have introduced ARMA, a new bill that seeks to create a Treasury-run Strategic Bitcoin Reserve with a 20-year holding rule. Summary ARMA would create a Treasury-run Bitcoin reserve and separate stockpile for other federal digital assets. The bill would keep federal Bitcoin locked for 20 years, unless sold to reduce debt. Lawmakers also want quarterly audits, proof-of-reserve reports, and reviews of budget-neutral Bitcoin acquisition methods ahead. Rep. Nick Begich introduced the American Reserve Modernization Act of 2026 alongside co-lead Rep. Jared Golden. Begich’s office said the bill would create a Strategic Bitcoin Reserve within the U.S. Treasury and…
MoonPay is launching MoonPay Trade, a new institutional platform that promises banks and fintechs unified access to tokenized assets, DeFi protocols and stablecoin liquidity across more than 200 blockchains. Summary MoonPay Trade targets banks, fintechs and enterprises with one interface for tokenized assets and DeFi The platform will serve as the execution layer for MoonPay Institutional It supports tokenized fund subscriptions, collateral transfers and on-chain lending via Aave, Morpho and Maple According to CoinDesk, MoonPay introduced on May 21 MoonPay Trade as a dedicated trading and execution stack for its institutional clients. The platform is aimed at banks, fintech companies and…
Singapore’s MAS has revoked the Bsquared license after finding false statements and serious regulatory breaches at the crypto firm. Summary Singapore’s MAS revoked Bsquared Technology’s MPI licence effective May 14, less than 18 months after it was granted on January 1, 2025. MAS found serious weaknesses in risk management and conflict of interest policies, plus failures in outsourcing arrangements with related entities. Bsquared provided false or misleading information to MAS on multiple occasions, from its licence application through the regulator’s own inspection. The Monetary Authority of Singapore revoked Bsquared Technology’s MPI licence effective May 14, 2026. The revocation came 16…
Amundi Solana UCITS fund SAFO launches as Europe’s largest asset manager brings €2.4 trillion AUM to the chain. Summary Amundi, Europe’s largest asset manager, and Spiko Finance launched SAFO, a UCITS-compliant fund on Solana, making it the eighth chain in their strategy. SAFO is a tokenized sub-fund under the SPIKO SICAV structure, backed by total return swaps with BNP Paribas as a Tier 1 banking counterparty. The launch coincides with US Solana spot ETFs crossing $1 billion in assets under management and Goldman Sachs reducing its SOL exposure. Amundi, managing €2.4 trillion in assets, and Spiko Finance announced the launch…
Kraken has launched AVAX staking for eligible users globally, offering up to 10% APY on bonded positions. Summary Kraken launched AVAX staking on May 21 with three options: Bonded Staking up to 10% APY, plus Auto Earn and Flexible Staking each at up to 3.5% APY. The 10% bonded rate is promotional and will drop to 7% APY after the introductory period, with all rewards automatically restaked to compound returns. Kraken manages all validator operations and infrastructure; the service is available in the US, UK, EU, Canada and Australia at launch. Kraken announced AVAX staking on May 21 with three…
Mark Cuban says he has sold roughly 80% of his Bitcoin holdings after losing confidence in its hedge narrative. Summary Mark Cuban told Front Office Sports he sold most of his Bitcoin after gold surged to $5,000 during the US-Iran conflict while Bitcoin fell. Cuban called Bitcoin “not the hedge I expected” and said it “has lost the plot,” while maintaining he still holds Ethereum for its utility. Bitcoin defenders note the asset has risen more than 16% since the first signs of the US-Iran conflict, countering Cuban’s narrative on the timeframe. Billionaire Mark Cuban told Front Office Sports he…
Everclear’s announcement of a full operational wind-down sent CLEAR sharply lower in the latest session. Summary As of May 21, CLEAR declined to $0.0002332, down over 48% in 24 hours Everclear confirmed full shutdown of protocol and operations Project previously processed $500 million in monthly volume Team cites lack of sustainable revenue despite partnerships Everclear, the cross chain clearing and settlement network backed by firms including Pantera Capital and Polychain, said it is winding down all operations after failing to build a sustainable business model. Everclear token collapses 48% on May 21, 2026. Source: Coingecko. In a stunning announcement posted…