50K investors fight Korean crypto tax, Singapore cancels Bsquared: Asia Express

Everything that happened in crypto news in Asia over the past seven days: Asia Express. In this edition: Ether-linked ETF losses rattle South Korea’s funeral industry South Korea crypto tax petition clears 50,000 signatures Polymarket and Kalshi face regional access blocks Japan lays out AI and onchain finance strategy JPYC raises $31.4 million for AI and stablecoin growth Singapore pulls Bsquared crypto license Crypto trails headline cross-border scam crackdown Hong Kong pushes OECD crypto reporting rules Ether-linked ETF losses rattle South Korea’s funeral industry South Korean funeral service company Bumo…

Here’s Why The BTC Price Keeps Crashing

Crypto pundit Ardizor has alleged that several crypto firms appear to be dumping Bitcoin, which is why the BTC price keeps crashing. The leading crypto had crashed over the weekend but is now recovering on hopes of a U.S.-Iran deal. Why The BTC Price Keeps Crashing In an X post, Ardizor stated that the BTC price was dumping because crypto exchanges Binance, Coinbase, and Bybit, along with whales and Wintermute, were selling millions of BTC. He claimed that they have sold over $2 billion worth of BTC and further alleged…

Crypto Looks Like Nvidia Before AI Went Mainstream: Jeff Park

Jeff Park argued that crypto is entering a phase similar to Nvidia’s pre-mainstream AI era, when the technological shift was visible to early believers but not yet obvious to the broader market. In an X post defending crypto’s ideological roots on Sunday, Park framed today’s industry as being in a difficult “middle game” before onchain capital markets become self-evident infrastructure. Park’s comparison centered on Nvidia CEO Jensen Huang and Elon Musk’s first public appearance together at GTC 2015, a moment he described as occurring inside a narrow window before AI…

Ledger Adds Support for ADI Token tTed to UAE Blockchain Network

Ledger added native support for the $ADI token tied to ADI Foundation’s ADI Chain network, a UAE-linked, layer-2 focused on stablecoins and tokenized real-world assets. ADI Chain is backed by Abu Dhabi-based Sirius International Holding, a subsidiary of International Holding Company, and backs the DDSC stablecoin ecosystem launched with First Abu Dhabi Bank. According to the company, the network is designed for institutional use cases including cross-border payments, treasury operations and trade settlement. The integration allows users to store and manage $ADI through Ledger Wallet and the company’s hardware signing…

Why Questions Are Being Raised about The XRP Ledger’s 300,000 Milestone

A recent surge in XRP Ledger (XRPL) payment counts has caught the attention of the broader crypto market, raising questions about what could be driving this massive rally. The latest milestone comes after XRP saw renewed whale accumulation even as prices continued to trend downward amid rising volatility.  XRP Ledger Records Mysterious Surge In Payment Count Data from XRP’s leading blockchain explorer, XRPScan, shows that on May 19, the number of XRP payments from one account to another was sitting around just 766,051. However, over the next few days, the…

Crypto PAC Spending Surges in Texas Runoffs, as Prediction Markets Favor Challengers

Two Texas Congressional candidates supported by millions of dollars in spending from interest groups aligned with the cryptocurrency industry are headed for runoffs this week in races for the US Senate and House of Representatives. On Tuesday, Democratic voters in Texas’ 18th congressional district will decide between incumbent Al Green and challenger Christian Menefee to run in November’s general election. Statewide, voters will choose between Texas Attorney General Ken Paxton and incumbent John Cornyn for the Republican primary for US Senate. Both Tuesday races are runoffs after none of the…

Analyst Exposes Who’s On The Wrong Side Of The Trade

Bitcoin is struggling to push above $78,000 as the market faces uncertainty that has made directional conviction difficult to sustain. The price is grinding. Not breaking down catastrophically, but not advancing either. A CryptoOnchain report combining US Spot ETF flow data with Binance on-chain metrics has identified a structural divergence beneath the surface. Explaining why the recovery has stalled at precisely the moment it should be building momentum. Related Reading The report’s opening finding is the most alarming available in the current market structure. Over the past two weeks, US…

XRP Price Holds ‘Best Accumulation Zone’ as Whales Pull $170M From Binance

XRP (XRP) traded within a key “value zone” where whales recently accumulated $170 million, signaling a tightening liquidity supply. Key takeaways: XRP whales withdrew 122 million XRP, worth $170.8 million, from Binance, while price is near the key $1.35-$1.40 support. Exchange outflows and steady spot XRP ETF inflows point to a tightening supply and growing demand for XRP. XRP price could target $2.33 if bulls break above $1.50 resistance, with Bollinger Bands hinting at a big move ahead. 122 million XRP withdrawn from Binance exchange XRP whale withdrawals, large exits…

CoinQuant introduces trading infrastructure for the agent economy

Dubai, UAE | May 2026 – The agent economy is reshaping financial markets. Open-source agent frameworks are accelerating autonomous financial activity, with AI agents increasingly executing trades, managing portfolios, and interacting directly with exchanges. Yet the financial infrastructure supporting this shift has not evolved at the same pace. CoinQuant, the AI-powered no-code trading platform that has attracted over 15,000 users since launch, today announces its expansion into a unified trading intelligence architecture built for both human traders and autonomous AI agents. “Autonomous trading is no longer theoretical. It is already…

Third-Party Module Drains $3M From Safe Wallets

A suspected third-party Safe module exploit has drained about $3.2 million from wallets across Ethereum and Base, with multiple teams pointing to an external module as the cause. Blockchain security platform Blockaid reported the incident on Monday, saying it involved a contract labeled “SquidRouterModule,” which initially led to confusion over a possible link to the cross-chain protocol Squid. Squid later said on X that the issue was unrelated to its core protocol and instead involved a third-party module integrated into Safe wallets. “A third-party SquidRouterModule was exploited, not Squid’s Router…