Key Takeaways Ondo Finance founder Nathan Allman passed away unexpectedly on May 26; Ian De Bode was named CEO. ONDO token dropped 4.47% to $0.42 following the announcement, despite $3.79B in protocol TVL. De Bode will oversee Ondo’s USDY and OUSG treasury products across 12 blockchain networks. Filling Big Shoes Ondo Finance, a blockchain protocol
Global cryptocurrency exchange Binance is officially entering the Philippine via a partnership with a local fintech firm. Announced Tusday, Binance said it will have a partnership with local fintech firm BlockShoals Technologies Inc. to operate within the Securities and Exchange Commission (SEC) Strategic Sandbox framework. Under the agreement, BlockShoals will act as the approved local
Key Takeaways Tether to launch GELT, a Georgian lari stablecoin backed by Georgia’s 2026 crypto framework. Georgia aims to align GELT rules with U.S. GENIUS Act standards and global stablecoin laws. Tether expands beyond USDT as Georgia pushes blockchain payments and digital finance growth. Georgia Positions Itself as Crypto Hub Through Tether Stablecoin Partnership Tether
Pasig City Mayor Vico Sotto issued a public warning on May 17, 2026, clarifying that the local government unit (LGU) has no existing programs involving cryptocurrency or digital wallets. The announcement followed reports of unauthorized individuals posing as LGU staff to collect personal information from residents in Centennial 2, Barangay Pinagbuhatan, in exchange for digital
Key Takeaways Binance Wallet launched Event Rush on May 25, 2026, to let users trade on real-world event outcomes. Moving away from fixed odds, the 42.space protocol uses bonding curves to ensure continuous liquidity. Traders can exit early or hold for a share of 100% of the pool, though high entry prices risk net losses.
The Securities and Exchange Commission (SEC) has ordered cryptocurrency platform Riscoin and its associated entities to immediately cease and desist from soliciting investments and selling unregistered securities in the Philippines. The order, issued by the SEC Enforcement and Investor Protection Department (EIPD) on May 14, 2026, targets Riscoin, Riscoin Exchange, Riscoin Trading, League of Seagull
Key Takeaways Federal prosecutors seek forfeiture of bitcoin tied to alleged synthetic drug trafficking activity. U.S. investigators worked with Chinese authorities while tracing Binance records and blockchain payment flows. Undercover DEA bitcoin purchases helped connect cryptocurrency transfers to suspected drug shipments. Bitcoin Seizure Anchors Savannah Drug Forfeiture Case The U.S. Department of Justice (DOJ) announced
The Philippine Securities and Exchange Commission (SEC) has issued a cease and desist order against BG Wealth Sharing Ltd. and its listed founder, Stephen Beard, for the unauthorized solicitation of investments. The order, finalized on May 20 by the regulator’s Enforcement and Investor Protection Department (EIPD), commands the entity to immediately halt the sale of
Key Takeaways On May 22, Socket found Trapdoor malware infecting 34 developer packages to steal crypto wallets and keys. Spanning 384 versions, the campaign tricks AI tools and severely impacts the development market. After a similar September attack, Socket warns developers must next secure AI environments from crypto theft. Supply Chain Attack Scheme Trapdoor Targets
Key Takeaways Bitcoin ETFs lost $1.26B, led by Blackrock IBIT’s massive $1B outflow. Ether ETFs shed $216M, while XRP and solana gained $22M and $15.6M, respectively. HYPE ETFs drew $72.4M as investors rotated into alternative crypto growth narratives. HYPE ETFs Pull $72M as Investors Rotate Away From Bitcoin and Ether The contrast across digital asset