Cointelegraph.com
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Cointelegraph.com - 10:30 May 28, 2026
Polymarket executive Josh Stevens said identity checks apply only to early beta access and are not being added to Polymarket’s existing platform. Polymarket’s vice president of engineering, Josh Stevens, clarified that the prediction market platform is not adding mandatory Know Your Customer (KYC) checks to its existing service, after a report said the company had considered user verification requirements. Stevens said in an X response that Polymarket is launching a new beta product for a select group of users and that KYC is required only to access the beta during its early test period. “No KYC is being added to any part of existing polymarket.com with this launch,” Stevens wrote. He said that once the product is out of beta, no KYC will be required to use it. He later addressed questions about whether KYC could be added later, saying “no” and clarifying that he was “just highlighting” that identity checks are tied to early access for a new beta product rather than a broader move away from pseudonymous trad... -
Cointelegraph.com - 09:48 May 28, 2026
The Bank for International Settlements' collaboration with seven central banks and more than 40 institutions concludes a two-year project with a prototype settling wholesale payments in seconds. The Bank for International Settlements (BIS) released a report Wednesday on Project Agorá, an experimental prototype for cross-border wholesale payment. The BIS said the report shows how seven central banks and more than 40 regulated financial institutions can settle cross-border wholesale payments in seconds once liquidity is locked, while reducing credit and settlement risk through atomic settlement using tokenized central bank reserves and commercial bank deposits. The initiative marks one of the broadest collaborations yet between central banks and private lenders, exploring how tokenization could modernize global payments infrastructure. Read more -
Cointelegraph.com - 09:44 May 28, 2026
Over $935 million was wiped out across the crypto market as traders shifted their focus to $70,000 as the last line of defense for Bitcoin. Bitcoin (BTC) sold off into the early Asian trading session on Thursday as the drop to $72,600 produced significant liquidation of leveraged positions across the crypto market. Key takeaways: The BTC/USD pair fell as low as $72,620 on Thursday, reversing all gains made since April 13 after the US reportedly carried out a new wave of military strikes on Iran. Read more -
Cointelegraph.com - 07:17 May 28, 2026
Around 47% of crypto organizations onboarded in 2026 are operating at alerting standards that would have ranked among the industry’s strictest five years ago. Nearly half of the organizations onboarded into the crypto industry in 2026 are operating at alerting standards that would have made them industry leaders only a few years ago, according to Chainalysis. In a preview of a report published on Wednesday, Chainalysis said that the crypto industry’s compliance baseline around alert severity, trigger sensitivity and minimum dollar detection floors is tightening, with about 47% of organizations onboarded this year using alerting standards that would have placed them in the top 10% of strictness in 2020. It added that companies have become more uniform in direct monitoring, where funds arrive immediately from a known illicit source, but there is still a gap with indirect monitoring, where the funds pass through intermediary addresses. Read more -
Cointelegraph.com - 07:00 May 28, 2026
The physically backed fund gives US investors exchange-traded exposure to the Binance-linked cryptocurrency through traditional brokerage accounts. VanEck launched the first US spot BNB exchange-traded fund on Thursday, giving investors regulated exposure to the Binance-linked cryptocurrency through traditional brokerage accounts. The ETF, trading under the ticker VBNB, is physically backed by BNB (BNB) held in cold storage with a qualified custodian, according to the announcement. BNB is the native token of BNB Chain and is used to pay transaction fees across the network. According to VanEck, the fund is designed to track the spot price of BNB and may later incorporate staking if the issuer determines it can do so without regulatory or legal complications. Read more -
Cointelegraph.com - 06:54 May 28, 2026
The crypto market capitalization has fallen to its lowest level since mid-April after the US carried out strikes on Iran for the second time in three days amid peace talks. Cryptocurrency markets have shed around $80 billion in value over the past 24 hours, with losses accelerating after the US reportedly carried out a new wave of military strikes on Iran. The US military carried out new strikes late on Wednesday targeting an Iranian military site and shooting down four Iranian attack drones, which a US official told Reuters posed a threat around the Strait of Hormuz. “These actions were measured, purely defensive, and intended to maintain the ceasefire,” the official said. Iran’s Islamic Revolutionary Guard Corps reportedly released a statement saying that it has retaliated by attacking a US airbase in Kuwait. Read more -
Cointelegraph.com - 06:41 May 28, 2026
The CFTC claimed that its settled complaint filed under the Biden administration relied heavily on a whistleblower’s allegations that Gemini inflated trading activity to distort user demand. The US Commodity Futures Trading Commission has asked a federal court to vacate its $5 million settlement with crypto exchange Gemini, claiming that the agency’s enforcement action was based on flawed allegations. Gemini settled with the CFTC and paid a $5 million fine in January 2025 in the final weeks of the Biden administration after the agency accused it of making false or misleading statements related to a Bitcoin futures contract. The CFTC filed a joint motion with Gemini in a Manhattan court on Wednesday seeking to vacate the settlement, adding in a statement that it had reviewed the matter and concluded that the “complaint should not have been filed — and would not have been under current enforcement standards.” Read more -
Cointelegraph.com - 22:30 May 27, 2026
Payment volume on crypto-linked credit and debit cards has been steadily increasing since 2024, reaching about $7.8 billion in cumulative transactions this month. Monthly payment volume on crypto-linked debit and credit cards is up about 230% over last year, amid a proliferation of crypto-related payment products. Cumulative volume on crypto-linked payment cards reached $7.8 billion this month, according to The Kobeissi Letter, a market research publication. Payments giant Visa is capturing about 90% of crypto card transactions through partnerships with onchain native companies like Jupiter Global, analysts at The Kobeissi Letter said. Read more -
Cointelegraph.com - 22:04 May 27, 2026
Weakening spot demand, miner inflows to exchanges and freshly opened shorts put downside pressure on Bitcoin price. Bitcoin (BTC) miner inflows to Binance crossed 20,000 BTC for only the second time this year, placing fresh pressure on Bitcoin’s daily uptrend near the $75,000 support zone. Will BTC defend its higher-timeframe bullish structure, or is the market on the verge of a broader bearish trend shift? Crypto analyst Amr Taha said miners transferred roughly 21,000 BTC to Binance on May 18, close to the 23,150 BTC sent on Feb. 5. Large miner deposits are often tied to potential selling activity as miners move BTC to exchanges to cover operating costs. Read more -
Cointelegraph.com - 21:36 May 27, 2026
The predictions market operator reportedly explored mandatory user verification requirements, breaking from its policies of allowing traders to access its services using pseudonyms. Prediction markets platform Polymarket is reportedly considering measures to verify users in response to pressure from global authorities over sanctions violations and other areas of legal risk to the company. According to a Wednesday report by The Information, Polymarket has considered mandatory user verification requirements more in line with Know Your Customer (KYC) standards. The move comes as multiple countries have blocked or restricted access to the predictions market platform over concerns about illegal gambling. Source: Polymarket Read more -
Cointelegraph.com - 20:51 May 27, 2026
Accredited investors can buy and sell the gold-backed GLDY token through permissioned liquidity pools operating on the Solana blockchain. Tokenized commodities platform Streamex said it is launching a Solana-based marketplace for trading tokenized assets in partnership with Orca, a decentralized exchange built on Solana. According to a Tuesday announcement, the trading infrastructure will allow verified accredited investors to buy and sell Streamex’s yield-bearing, gold-backed GLDY token through regulated onchain trading pools operating around the clock. The system uses identity and compliance checks tied to Streamex’s KYC and accreditation process to restrict trading access to approved investors while enabling secondary market liquidity for regulated digital assets. Read more -
Cointelegraph.com - 20:25 May 27, 2026
While crypto-backed candidates won runoffs in Texas on Tuesday, industry PACs have less of a stake in California races next week. After six Republican and Democratic candidates supported by cryptocurrency-backed interest groups won primaries for US House of Representatives and Senate seats in Texas, one of the biggest political action committees (PACs) said it would “aggressively back leaders” supporting crypto policies in the future. On Tuesday, candidates notched six wins for congressional runoff primaries in Texas, supported by media spending and endorsements by the crypto industry-affiliates Fairshake, Defend American Jobs, Protect Progress, Blockchain Leadership Fund and Fellowship PACs. Democrat Christian Menefee primaried incumbent Al Green for Texas’ 18th congressional district and Republican state Attorney General Ken Paxton won against incumbent Senator John Cornyn with more than 63% of the vote. Four other Republican candidates — Tom Sell, Alex Mealer, Jon Bonck and Carlos De La Cruz — also won in ... -
Cointelegraph.com - 19:40 May 27, 2026
The company owns 5,058 Bitcoin, ranking it as the 20th largest publicly traded BTC treasury company, according to data from Bitcoin Treasuries. Nakamoto (NAKA) is trading down more than 10% on Wednesday just days after the Bitcoin treasury company completed a 1-for-40 reverse stock split undertaken to stay compliant with the Nasdaq stock exchange’s listing criteria. NAKA stock is down by about 67% year-to-date (YTD) and by more than 99% since its May 2025 peak of about $34 per share, reaching a low of about $0.16 per share in April before the reverse stock split on Friday. Nasdaq warned the company in December that its shares would be delisted after trading below $1 for at least 30 consecutive days, according to a Securities and Exchange Commission (SEC) filing. Read more -
Cointelegraph.com - 19:17 May 27, 2026
Ether futures positioning tightened near $2,000 as rising open interest and dense short liquidity increased focus on a possible squeeze above $2,150. Ether (ETH) remains under pressure after failing to reclaim the $2,150 resistance level. Despite the decline, ETH's aggregate open interest has increased by roughly 350,000 ETH, suggesting new short positions are entering the market. With more than $1.5 billion in bearish positions clustered above $2,150, a successful defense of the $2,000 support zone could trigger a sharp short squeeze and a relief rally for ETH. ETH has failed to reclaim $2,150 after dropping below it on May 17. The resistance capped the price from February to April, limiting a strong breakout. Read more -
Cointelegraph.com - 18:28 May 27, 2026
Bitcoin briefly lost the $75,000 level after net flows into spot BTC ETFs turned negative. Do technical charts point to a BTC and altcoin recovery? Key points: Bitcoin (BTC) fell below $75,000 on Wednesday, indicating that the bears are slowly taking charge of the crypto market. Institutional investors seem to be on a selling spree, with BTC exchange-traded funds recording net outflows of $1.88 billion since May 15, per Farside Investors' data. Glassnode said in a post on X that persistent net outflows from BTC ETFs on nearly every trading day since May 7 add “to the supply side without a visible demand offset.” BTC’s weakness has sent it tumbling below its long-term valuation average, according to Bitwise. The asset management firm said in a recent report that in the past, only 36% of BTC’s market-value-to-realized-value (MVRV) readings were lower than the current level of 1.42. In comparison, roughly 99% of historical Nasdaq-100 price-to-book ratios were below their present levels, signaling the widest valu... -
Cointelegraph.com - 18:05 May 27, 2026
The payments giant can now legally conduct digital asset business activity in New York as it deepens its focus on blockchain-based settlement systems. Mastercard’s US transaction services unit has received a BitLicense from the New York State Department of Financial Services (NYDFS), allowing the payments giant to conduct regulated digital asset business activity in the state. The company announced the license approval on Wednesday, but did not unveil any new consumer-facing crypto products. Instead, Mastercard said it plans to continue developing payment and settlement infrastructure tied to digital assets, focusing specifically on stablecoins and tokenized deposits. New York’s BitLicense is widely regarded as one of the strictest state-level crypto regulatory frameworks in the United States. Companies offering certain crypto-related financial services to New York residents are generally required to obtain the license. Read more -
Cointelegraph.com - 16:58 May 27, 2026
XBIT DEX takes the lead in introducing leverage to on-chain prediction markets, prioritizing the 2026 FIFA World Cup for its initial category. The whitelist application is now live. XBIT DEX takes the lead in introducing leverage to on-chain prediction markets, prioritizing the 2026 FIFA World Cup for its initial category. The whitelist application is now live. May 27, 2026 - On-chain prediction markets are undergoing explosive growth. In March 2026, monthly trading volume surpassed $25 billion, a more than 20-fold increase compared to the same period last year. Polymarket has become the official prediction market partner for X, and Coinbase has launched prediction contracts across all 50 US states. However, while users and capital are flooding in, product architecture has yet to keep pace. Currently, mainstream prediction market platforms still predominantly rely on a spot logic of full-amount purchasing and waiting for settlement. Users lack tools to add positions, hedge, or flexibly adjust risk exposure th... -
Cointelegraph.com - 16:47 May 27, 2026
Bitcoin disappointed bulls by dropping below $75,000 on Iran peace deal reports while US stocks hit new all-time highs and oil saw one-month lows on Hormuz hopes. Bitcoin (BTC) fell back below $75,000 at Wednesday’s Wall Street open as relief over a US-Iran peace deal bypassed crypto. Key points: Read more -
Cointelegraph.com - 16:16 May 27, 2026
BTC Prague, Europe’s premier Bitcoin conference, returns to the PVA Expo Prague on June 11-13, 2026. Prague, Czech Republic, May 18, 2026 - BTC Prague, Europe’s premier Bitcoin conference, returns to the PVA Expo Prague on June 11-13, 2026. Entering its fourth edition, BTC Prague welcomes 8,500 attendees, uniting entrepreneurs, developers, investors, educators, and newcomers in the industry. This year, BTC Prague adds its new Bitcoin Living Masterclass track, a dedicated stage for talks on health, biohacking, financial sovereignty, AI, parenting, and more, from renowned experts in their fields on top of its best-in-class Bitcoin program. Without abandoning its Bitcoin-only philosophy, BTC Prague now broadens its appeal, including a wider range of topics very much in vogue among the Bitcoin community. The result is a three-day program of keynotes, panels, debates, and networking across four different stages surrounded by Europe’s largest Bitcoin expo. BTC Prague is a meeting point for those building Bitcoin’s ... -
Cointelegraph.com - 15:07 May 27, 2026
PeckShield said the attacker bridged 43.7 ETH to Ethereum after minting trillions of vsdCRV, while EmberCN said most of the remaining tokens had insufficient liquidity to sell. An attacker minted more than 5.4 trillion vsdCRV on Arbitrum after a suspected compromise of a StakeDAO-linked deployer key, though thin liquidity limited the realized proceeds to about $91,000. Blockchain security firm PeckShield said Wednesday the attacker swapped part of the minted vsdCRV for 43.7 Ether (ETH), worth about $91,000, and bridged the funds to Ethereum. Onchain analyst EmberCN said the attacker swapped about 16.83 million vsdCRV, while the remaining tokens had little meaningful liquidity to exit. EmberCN estimated the 5.4 trillion vsdCRV at about $763 billion on paper, though the figure does not represent the attacker’s realized profit or the protocol’s confirmed loss. Read more
11112 items