Category: crypto
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Pi Network comeback stalls as KYC update meets weak PI price
Pi Network has regained market attention with a new Know Your Customer update. Over 18.1 million users have passed KYC checks, but some are still pending. The team is working on AI-assisted verification tools to address user concerns. Despite the update, PI’s price remains weak, with traders cautious.
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Jane Street cuts Bitcoin ETF holdings while boosting Ether exposure
Jane Street reduced its Bitcoin ETF holdings in Q1 2026 while increasing exposure to Ether funds. The trading firm also cut positions in Bitcoin mining firms but raised stakes in select crypto equities. Despite legal scrutiny related to the collapse of TerraUSD, Jane Street generated a record $16.1 billion in trading revenue.
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CoinMarketCap warns users over fake CMC token scam
CoinMarketCap has cautioned users that it has not introduced any official token or coin, and any promotions for “CMC Tokens” should be considered fake and likely part of a scam. The warning targets social media posts, messages, or ads claiming that CoinMarketCap has issued a token, advising users to be cautious of impersonators and always…
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Vietnam eyes Q3 launch for regulated crypto asset market
Vietnam plans to start regulated crypto market activity in Q3 of 2026, with five firms moving through the licensing process. This move aims to shift demand towards licensed domestic platforms and away from offshore exchanges. Chainalysis ranked Vietnam fourth globally in crypto adoption, reflecting strong retail and institutional activity.
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Alchemy Pay joins Mastercard program to expand crypto payments
Alchemy Pay has joined Mastercard’s Crypto Partner Program to explore fiat-crypto payment integration globally. The program aims to connect crypto builders with payment systems, compliance standards, and partners for cross-border transactions, B2B payments, and commerce flows. Alchemy Pay looks to deepen integration within the Mastercard ecosystem through future initiatives.
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Metaplanet CEO explains why preferred share launch is taking time
Metaplanet CEO Simon Gerovich is working on listing the company’s planned preferred shares in Japan. If approved, these shares would be Japan’s first listed perpetual preferred product. The company must demonstrate its dividend capacity from Bitcoin income across various market conditions. The review process is taking longer due to the cautious nature of Japan’s preferred…
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Transit Finance hack drains $1.88M from cross-chain protocol
A recent exploit on Transit Finance, a decentralized cross-chain aggregation protocol, resulted in a loss of $1.88 million. This adds to the increasing security concerns in DeFi, with over $1 billion in crypto hacks this year. The attack highlights vulnerabilities in cross-chain systems, making them a prime target for hackers.
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Binance expands into TradFi perpetuals as crypto traders chase macro exposure
Binance will introduce U-margined perpetual contracts tied to major U.S. equities including Oracle, Disney, and Uber on May 15, aiming to merge traditional finance exposure with crypto-native derivatives trading. The move reflects a trend of growing interest in cross-market products amid increasing macroeconomic and political volatility driving trading behavior.
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Legendary Labs, Jinlian Capital merge to expand Web3 prediction markets
Legendary Labs and Jinlian Capital Foundation are merging to build a PredictFi-focused Web3 ecosystem for decentralized prediction gaming. They hold digital lottery and gaming licenses in Central America and plan to launch a World Cup prediction platform. The merger reflects the convergence of decentralized finance, gaming, and AI-driven data systems in the crypto space.
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Hyperliquid whale positioning hits $4.23B as crypto derivatives tilt neutral
Whale positions on Hyperliquid reach $4.236 billion, with longs and shorts evenly split among major accounts. Traders are undecided on crypto direction, reflecting market uncertainty amid macroeconomic signals. Despite high-risk positioning and leveraged trades, whales are not heavily committed to either direction, waiting for clearer catalysts in the market.