Crypto

Wall Street and payment giants are quietly taking over Solana, moving billions onto the network for tokenized funds and global payments even as the broader crypto market cools down, according to a new report by Messari.

Vitalik Buterin said mathematically verified software may help protect cryptographic infrastructures as AI improves both code generation and vulnerability discovery.

The turnover comes as the foundation undergoes an internal transition tied to a new organizational mandate aimed at redefining its role within Ethereum.

DefiLlama’s RWA category data puts the RWA tokenization market near $30 billion on-chain, with only $2.47 billion appearing as DeFi active TVL, the value actually deposited or pooled inside third-party DeFi protocols the platform tracks. The rest of the tokenized real-world assets market sits outside the lending markets and collateral vaults that make crypto assets […] The post Why the $30 billion RWA tokenization boom is barely reaching DeFi appeared first on CryptoSlate.

Galaxy Digital became the second company this year to secure a New York BitLicense, following Strike’s approval in March.

Institutional investors pulled capital from Bitcoin and Ether products as Iran tension and rising inflation rattled markets, while XRP and Solana funds continued to attract fresh inflows. Cryptocurrency investment products posted heavy outflows last week as investors reduced risk amid inflation fears and uncertainty over a lasting ceasefire between the United States and Iran. According to CoinShares’ latest weekly report, digital asset exchange-traded products (ETPs) recorded $1.07 billion in net outflows, ending a six-week streak of inflows. It marked the third-largest weekly outflow this year. Bitcoin (BTC) investment products accounted for the bulk of the withdrawals, with $982 million in outflows. Ether (ETH) products lost $249 million, their largest outflow since the week ending Jan. 30. Read more

Hive Digital Technologies’ stock price popped after the Bitcoin miner unveiled a massive data-center buildout in Ontario, Canada.

The UK’s central bank and financial regulator have launched a joint Call for Input as tokenization moves from “pilots to production.”

Bitcoin is trading at $76.8k as the third week of May opens. It has surrendered the $80k breakout that defined the prior week’s narrative. The short-term bullish trendline that supported the inner rally structure has been broken, and the price has pulled back into the mid-range of the large ascending channel on the daily timeframe. […]

The move brings onchain yield and lending to the payments-focused chain in a bid to offer full-stack onchain finance platform to companies building on it.

Bitcoin ETFs bore the brunt of a geopolitically driven sell-off, CoinShares said, though altcoin funds largely held their ground.

Ether price fell sharply below $2,100 as increasing sell pressure on Binance and persistent ETF outflows fueled bearish momentum. Ether (ETH) dropped sharply after rejection at $2,400 last week, dropping as low as $2,100 on Monday, indicating that bears are back “in control,” according to new analysis. Key takeaways: Data from TradingView shows ETH price trading at $2,100, down 12% below its local high of $2,420 reached on May 6. On Sunday, ETH/USD hit $2,090 on Bitstamp, its lowest level since April 17. Read more

The bitcoin mining firm continues on its investment path into AI data centers after raising $115 million to expand its global footprint in the industry.

BitMine Immersion Technologies added $151 million in Ethereum amid last week's price slide, with Tom Lee citing the "attractive opportunity."

Tom Lee said Bitmine expects to reach its long-term goal of owning 5% of Ethereum's supply sometime during 2026.

Crypto traders are already assigning Elon Musk’s SpaceX stock a public-market valuation before the rocket and satellite company has filed for an IPO. On May 17, Hyperliquid-powered Trade.xyz launched a SpaceX pre-IPO perpetual futures contract, creating a live, cash-settled market for traders to bet on where the private company could trade when it eventually lists. According to the […] The post SpaceX IPO betting on Hyperliquid values Elon Musk’s company above $2 trillion even before SEC filing appeared first on CryptoSlate.

A bullish long-term chart pattern puts HYPE on track for a potential rally above $70 this year, with a16z-linked accumulation and fresh institutional catalysts strengthening the case. Hyperliquid DEX's native token, HYPE, is showing potential for a 55% rally after a wallet reportedly tied to Silicon Valley-based venture capitalist, a16z, accumulated $90.87 million worth of tokens in just over a month. Key takeaways: HYPE appears to be forming a cup-and-handle pattern, a classic bullish continuation setup. Read more

Aschenbrenner is shorting Nvidia and AMD in favor of bitcoin miners that own the electricity and data centers needed to fuel the next phase of the AI boom.

The FCA and Bank of England are seeking feedback on new tokenization guidance and plans to extend operating hours for the UK’s core payment and settlement infrastructure toward near-24/7 availability. The Bank of England on Monday proposed extending operating hours for its core settlement infrastructure toward near-24/7 availability, part of a broader push with the Financial Conduct Authority to prepare UK wholesale markets for tokenized finance. The proposal seeks to add weekend and extended daily operating hours to the central bank's settlement mechanism, Real-Time Gross Settlement (RTGS), and the Clearing House Automated Payment System (CHAPS). The Bank of England said the expanded operating hours would support cross-border payments and new payment and settlement models as tokenization develops. Read more

Strategy purchased 24,869 Bitcoin last week for $2 billion, channeling billions of dollars that came from its flagship preferred stock.