Crypto

The funding round was co-led by Accomplice and RRE Ventures, with participation from Reciprocal Ventures, Variant Fund and PayPal Ventures.

The recent vote in the Senate to move the GENIUS stablecoin framework ahead has shown glaring cracks in the Democratic coalition. US Senate Democrats are getting flak after they helped move stablecoin legislation ahead for discussion on the Senate floor. On May 19, 16 Democratic senators broke from the party line to pass a motion to invoke cloture, which will now set the bill up for debate on the Senate floor. Some of the same Democrats had held up the bill in early May when they withdrew support, citing corruption concerns over President Donald Trump’s cryptocurrency dealings. The bill’s opponents hailed lawmakers’ refusal to support it but were soon taken aback when the senators reversed their position. The lightly amended legislation contained no provisions regarding World Liberty Financial, the Trump family’s crypto venture. Read more

Robinhood has filed a proposal with the US SEC to establish a national framework for real-world asset tokenization, including plans for a new trading platform. Robinhood submitted a 42-page proposal to the US Securities and Exchange Commission (SEC), calling for a national framework to regulate tokenized real-world assets (RWAs). The brokerage is seeking to modernize financial infrastructure by making tokenized assets legally equivalent to their traditional counterparts and enabling compliant onchain settlement, Forbes reported on May 20. In the proposal, Robinhood also revealed plans for creating the Real World Asset Exchange (RRE), a trading platform offering offchain trade matching and onchain settlement for efficiency and transparency. Read more

Kraken has launched MiFID II-regulated crypto derivatives trading for retail and institutional users in Europe following its acquisition of a licensed Cypriot investment firm. Cryptocurrency exchange Kraken announced the launch of regulated derivatives trading on its platform under the European Union’s Markets in Financial Instruments Directive (MiFID II). According to a May 20 announcement, Kraken’s perpetual and fixed maturity crypto futures contracts will be available for trading by retail and institutional customers in the European Economic Area (EEA). The announcement follows the exchange acquiring an MiFID license in early February through the acquisition of a Cypriot investment firm, approved by the Cyprus Securities and Exchange Commission. Kraken’s head of exchange, Shannon Kurtas, said, “Europe is one of the fastest-growing regions for digital asset trading and investment, with some of the most sophisticated and demanding clients and institutions.” Read more

Filecoin (FIL) was also among the underperformers, declining 2.9% from Monday.

“AI agents will soon conduct most economic transactions,” said Catena Labs CEO Sean Neville, as the company secured $18 million to build a regulated AI-native financial institution. Circle co-founder and Catena Labs CEO Sean Neville has launched a project that aims to develop a financial institution that natively leverages artificial intelligence.  On May 20, Catena Labs, the company building an “AI-native financial institution,” announced that it secured $18 million in a funding round led by Andreessen Horowitz (a16z) Crypto, a16z’s crypto and Web3 venture capital arm.  Led by Neville, the company aims to realize its vision of a fully regulated financial institution for the AI economy. The company said it will be built for AI agents and human collaborators and will be operated by AI workers with human oversight and AI-specific risk management and compliance approaches.  Read more

The German government sold its Bitcoin stash in the summer of 2024, which became a $2.3 billion missed opportunity for Europe’s largest economy. The German government missed out on more than $2 billion worth of Bitcoin profit after selling its holdings in 2024, according to blockchain intelligence firm Arkham. A “German Government (BKA)” labeled cryptocurrency wallet sold 49,858 Bitcoin (BTC) worth over $2.89 billion at an average price of $57,900 across multiple transactions during June and July in 2024. The decision to sell the Bitcoin early cost the German government over $2.35 billion, according to crypto intelligence platform Arkham. Read more

Genesis Global has launched a legal offensive against its parent company, DCG, and CEO Barry Silbert, accusing them of engineering insider transactions that drove the firm into bankruptcy. The post Genesis Sues DCG and Barry Silbert to Recover Billions Over Alleged Misconduct appeared first on Cryptonews.

This latest acquisition was made at an average purchase price of $103,234 per bitcoin.

In Q1 2025, Ronin executed a pivotal transition to a permissionless architecture, enabling open smart contract deployment and catalyzing a sharp increase in developer activity. Key ecosystem highlights included OpenSea’s integration, the explosive debut of Tama Meme, and the $21M Fableborne presale. While financial and usage metrics declined QoQ amid market headwinds, native DeFi TVL increased and infrastructure upgrades like the Cerastes hardfork and Ronin Developer Console laid the groundwork for long-term scalability. With $23M in capital programs launched and several new game deployments, Ronin is positioning itself as a broader platform for gaming, DeFi, and consumer apps.

Holdings of the stock by government bodies reflects a desire to gain bitcoin exposure where in some cases local regulators do not allow direct ownership, the report said.

Different market participants are accumulating, but miners are selling - what's next for BTC?

Avalanche, Helix and Faculty Group launch Fusion, a $100 million initiative to build modular, sector-specific blockchain networks. Avalanche, Helix and Faculty Group have launched Fusion, a new blockchain ecosystem aimed at driving real-world adoption through modular infrastructure tailored to specific industries. Built on Avalanche, Fusion features a two-layer architecture that includes composers, customizable layer-1 networks and modules, which offer plug-and-play services like compute, identity and data oracles.  The team said this approach would be the answer for mainstream adoption, as they attempt to deliver “outcome-driven, domain-specific” blockchain-based economies.  Read more

Check out why ADA could be on the verge of a price rally.

XRP remains in a prolonged consolidation phase, trading within channels across both its USD and BTC pairs. The structure is tightening, signalling an imminent breakout. However, momentum has cooled, and the market is awaiting a catalyst. Technical Analysis The USDT Pair XRP/USDT continues to respect the boundaries of a large descending channel. The price recently […]

India’s Supreme Court questioned the government’s failure to regulate cryptocurrencies despite taxing them, warning that Bitcoin and similar assets pose economic risks. India’s Supreme Court questioned the government’s lack of regulatory clarity on cryptocurrencies despite imposing taxes on digital assets like Bitcoin. According to the Indian legal news outlet LawChakra, the country’s Supreme Court expressed concern over the increasing use of Bitcoin (BTC) and other cryptocurrencies, which remain largely unregulated. “This is a whole parallel economy running with such coins, and it is a danger to the economy of the country,” Justice Surya Kant reportedly said during a recent hearing related to an ongoing investigation into a Bitcoin transaction. Read more

Ethereum is currently testing a decisive resistance region near the 200-day moving average at $2.5K, which has triggered a consolidation phase. While a deeper short-term correction remains possible due to prevailing supply and overbought conditions, market structure and momentum suggest a potential bullish breakout in the mid-term. Technical Analysis By ShayanMarkets The Daily Chart ETH’s […]

Aave has surged 20% after U.S. lawmakers advanced the GENIUS Act, a stablecoin bill seen as a potential catalyst for DeFi regulation.

STRK has risen more than bitcoin and the S&P 500 index while offering an attractive yield and differentiated market exposure.

Kraken is offering derivatives trading in digital assets, compliant with Europe's Markets in Financial Instruments Directive (MiFIDII).