Author: boss

Moonpay Acquires Decent to Power Institutional Onchain Execution Across 200 Chains – Bitcoin News

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Key Takeaways Moonpay launched Moonpay Trade on May 21, 2026, giving institutions access to 200+ chains through one API. DFlow processed over $12 billion in Q1 2026 volume, extending Moonpay Trade’s reach across Solana and EVM markets. Caroline D. Pham’s Moonpay Institutional unit will use Moonpay Trade as its compliance-backed onchain execution layer. Moonpay Trade Launches With Cross-Chain Access to 200+ Protocols for Banks and Asset Managers The platform is powered by Decent.xyz, the Y Combinator-backed cross-chain routing company Moonpay acquired. Decent was founded in 2021 by Charlie Durbin, Will…

Chainlink Continues Leading The Oracle Economy With SVR Expansion — What To Know

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My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…

Bitcoin options hit $31.3B on Deribit ahead of May 29

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Bitcoin options open interest on Deribit has reached $31.3 billion, overtaking BlackRock’s IBIT ahead of a $6.25 billion expiry. Summary Deribit’s Bitcoin options open interest hit $31.3 billion on May 21, overtaking BlackRock’s IBIT at $27 billion, according to Checkonchain data. A total of 80,535 contracts worth $6.25 billion are set to expire on Deribit on May 29, with $75,000 as the max pain level. The put/call ratio of 0.86 is modestly bullish, but max pain sitting $2,000 below current price creates a gravitational pull toward $75,000. Deribit’s Bitcoin options…

Petition Against South Korea’s 22% Crypto Tax Hits 50K Threshold

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A petition to scrap a 22% tax on crypto investment gains in South Korea reached the 50,000-signature threshold required for the country’s Finance and Economic Planning Committee to review objections to the new tax regime. The 22% tax, set to take effect in January 2027, imposes financial and reporting “burdens” on investors, while also limiting upward mobility for younger individuals, who are locked out of housing markets due to skyrocketing real estate prices, according to the petition. The petition now has more than 52,000 signatures. Source: South Korea Assembly The…

CFTC Signs MOU with National Hockey League over Prediction Markets

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The US Commodity Futures Trading Commission (CFTC), under the sole leadership of Republican Michael Selig, announced a memorandum of understanding with the National Hockey League to “protect the integrity of professional hockey and maintain fair and transparent prediction markets.” In a Thursday announcement, Selig said the move was intended to protect prediction market users from “insider trading, fraud, and other abuse” as the CFTC continues to maintain what it calls its “exclusive jurisdiction” over platforms like Kalshi and Polymarket. The agency signed a similar agreement with Major League Baseball in…

Missouri AG Files Suit Against Coinflip, Targets Over 140 Bitcoin ATM Kiosks in the State

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Key Takeaways Missouri AG Catherine Hanaway sued Coinflip on May 20, 2026, seeking up to $1,826,000 in civil penalties under the MMPA. Coinflip’s 140-plus Missouri BTMs charge fees up to 21.9%, with one 80-year-old veteran losing up to $200,000 in a single scam. The lawsuit seeks a court injunction halting Coinflip operations in Missouri until stronger fraud-prevention measures are in place. Missouri Sues Coinflip for Hiding 21.9% Fees and Allegedly Enabling Crypto Scams Statewide The suit was filed in the Circuit Court of Jasper County, Missouri’s 29th Judicial Circuit. It…

Chainlink Sees Historic On-Chain Surge While Exchange Supply Keeps Shrinking – Details

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Chainlink has lost the $10 mark as the market faces a retrace that could extend further. Leaving holders navigate a price structure that offers little immediate comfort. The decline is real — but a CryptoOnchain report has identified a development in the network data from earlier this month that reframes what the current price weakness is actually occurring against. Related Reading Between May 9 and 10, Chainlink’s active address count spiked to over 280,000. A figure that requires context to feel as alarming as it is. The network’s historical baseline…

Blockchain.com Moves Toward Public Listing in US

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Crypto services company Blockchain.com confidentially filed for a US initial public offering (IPO), becoming the latest digital asset player to pursue a public listing as crypto firms return to equity markets. The company said it submitted a draft S-1 registration statement to the US Securities and Exchange Commission (SEC) related to a proposed offering of Class A ordinary shares. Pricing and the number of shares have not yet been determined. According to Thursday’s announcement, the proposed IPO remains subject to market conditions and SEC review. Confidential S-1 filings allow companies…

Bitcoin Bulls Lose Control After $78,000 Rejection Wipes out Overnight Recovery

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Key Takeaways Bitcoin fell below $78,000 on May 21, erasing recent gains to close just above $77,000. Persistent spot bitcoin ETF outflows and a 0.3% drop triggered $44.3 million in liquidations. If the Nasdaq index undergoes a correction, analysts warn that capital will flee high-risk crypto assets. Bitcoin Erases Gains as ETF Outflows Mount Bitcoin endured yet another underwhelming session, failing to hold the $78,000 mark and erasing earlier gains to close the 24 hours just above $77,000. The price action reversed the momentum seen between Wednesday afternoon and early…

US Sanctions Sinaloa Cartel Network for Laundering Drug Profits Through Cryptocurrency

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Key Takeaways OFAC sanctioned 6 people and 2 businesses using crypto to launder Sinaloa Cartel drug money. Exposing crypto’s illicit use, the U.S. Treasury blocked all assets of entities with 50% cartel ownership. Sec. Scott Bessent will next target more cartels after freezing US assets of these 12 linked individuals. US Sanctions Sinaloa Cartel Crypto Money Laundering Networks On Wednesday, the U.S. government Office of Foreign Assets Control (OFAC) sanctioned six individuals and two companies due to their involvement in a money laundering scheme for the Sinaloa cartel, one of…