1 Quadrillion MAPO Minted: Bridge Exploit Crashes Token

Holders and liquidity providers faced immediate losses as trading pairs destabilized.  MAP Protocol positions itself as a secure infrastructure for BTC, stablecoins, and tokenized assets using light clients and MPC-based verification.  The bridge flaw exposed gaps in message validation despite these safeguards.  The project team has not yet issued a formal statement on mitigation steps, such as contract pauses, token blacklisting, or supply adjustments.  Investors should avoid interacting with MAPO pools or the affected bridges until official updates emerge.  This event highlights persistent risks in cross-chain infrastructure. As bridge exploits continue in 2026, users and protocols must prioritize audited verification layers and rapid response mechanisms.  The post 1 Quadrillion MAPO Minted: Bridge Exploit Crashes Token appeared first on BeInCrypto.

05-21Industry

Qivalis Euro MiCA Stablecoin Project Expands to 37 European Banks

This imbalance creates structural risks and strategic vulnerabilities for Europe. Reliance on foreign-issued stablecoins exposes European institutions, corporates, and payment flows to external monetary policy spillovers, dollar liquidity shocks, and counterparty risks outside EU regulatory oversight.  Whats Next as EU Banks Challenge U.S. Dollar Dominance  The Qivalis Consortiums growth to 37 banks signals strong institutional momentum for tokenized euro assets and could accelerate adoption of on-chain payments across European commerce and DeFi. It positions Europe to compete more effectively with US-led stablecoin giants while fostering innovation in real-world asset tokenization and digital finance infrastructure.  Launch remains firmly targeted for the second half of 2026. Once live, the fully regulated, 1:1 euro-backed stablecoin will deliver instant, 24/7 settlement for cross-border payments, tokenized asset transfers and programmable treasury operations, capabilities that today are almost entirely routed through dollar-pegged tokens.  Furthermore, S&P Global Ratings projected that the euro stablecoin market could grow from about €770 million to as much as €1.1 trillion by 2030, driven by rising institutional demand for on-chain euro liquidity.

05-21Industry

FOMC meeting minutes released for April 2026 record

Tech  FOMC meeting minutes released for April 2026 record  The latest FOMC meeting minutes are now out, giving the public an official record of what the Federal Open Market Committee had before it during its April 28-29, 2026 meeting. The Federal Reserve released the minutes on May 20, 2026, following its standard schedule for publishing records from regularly scheduled policy meetings.  That timing matters because these documents arrive after the headline policy decision, not alongside it. In practice, the Federal Reserve minutes are generally published about three weeks after the day of the policy decision, offering a more detailed look at the meeting record once the initial announcement has already reached markets and the public.  For readers tracking monetary policy, the release is less about new action and more about official documentation. Here, the Federal Reserves notice was narrowly focused on the publication itself and on when and where the record can be accessed.  Federal Reserve publishes April FOMC meeting minutes  The Federal Reserve released the minutes of the Federal Open Market Committee meeting held on April 28-29, 2026. The release date shown is May 20, 2026.  The publication marks the formal release of the April 2026 FOMC meeting minutes, a standard part of the central bank‘s

05-21Industry

SpaceX IPO Filing Shows Musk Building an AI and Space Infrastructure Giant

In briefSpaceX publicly disclosed its IPO filing ahead of a planned Nasdaq debut under the ticker SPCX.Elon Musk will retain majority voting control through a dual-class share structure.The filing shows SpaceX absorbing X and xAI while spending billions on AI infrastructure and Starship development.  SpaceX‘s long-awaited IPO filing was released on Wednesday, giving investors their clearest look yet at Elon Musk’s effort to turn the company into a combined space launch, satellite internet, and AI infrastructure business.  The prospectus does not include a public IPO share price or total offering size, though it assigns a fixed $42.40 per-share value to the 261.8 million shares issued as part of the EchoStar spectrum acquisition. The filing also names Goldman Sachs, Morgan Stanley, Bank of America, Citi, and JPMorgan among the lead underwriters.  SpaceX initially filed confidentially with the SEC in April, targeting a valuation of $1.75 trillion, making it the largest IPO in history.  According to the prospectus, the company will use a dual-class share structure that preserves Musk‘s control after the offering. Public investors will receive Class A shares with one vote each, while Musk’s Class B shares carry 10 votes apiece. SpaceX also designated itself a “controlled company” under Nasdaq rules, allowing it to

05-21Industry

Sorted Wallet raises $4.4 million from Tether and Gnosis

Tether and Gnosis have participated in a $4.4 million seed round for Sorted Wallet as the crypto firms continue expanding stablecoin payment infrastructure across emerging markets.Tether and Gnosis have backed a $4.4 million seed round for Sorted Wallet to expand crypto access across emerging markets.Sorted Wallet said its lightweight 10MB app has reached 500,000 downloads across Africa, South Asia, and parts of Central America.Fresh funding is expected to support telecom integrations and new stablecoin payment tools targeting users with low-cost mobile devices.  According to an announcement shared by Sorted Wallet, the round included $3.4 million in equity funding led by Tether and Gnosis, alongside participation from Movement, Angel Invest Group, and several angel investors, including the founders of RWA.io. Vox Solutions also contributed $1 million in strategic support as part of the funding package.  “Over the years, digital asset use cases have evolved from trading tools to real-life applications, promoting financial freedom and inclusion. However, to achieve true inclusion, we must reach hundreds of millions of people who cannot afford smartphones or data plans,” Tether CEO Paolo Ardoino said in an accompanying statement.  Founded in 2022, Sorted Wallet has focused on low-cost mobile access for crypto users in regions where smartphones, data plans,

05-21Industry

Wintermute Launches Armitage as $10B Trading Network Expands Into DeFi Lending

“Yield aggregation brought vaults into the mainstream, but curation has largely meant setting risk parameters and managing business relationships. Armitage is what you get with deep expertise in onchain capital management and security,” said Igor Igamberdiev, Wintermutes head of research and a contributor to Ethereum-focused security initiatives.  Unlike many existing vault systems, Armitage intends to directly handle liquidations rather than outsource them to third-party operators. Wintermute says its global trading infrastructure gives the platform an advantage in managing collateral positions across multiple markets and chains.  The firm processes more than $10 billion in average daily across over 70 venues and 10 networks, according to the company. That reach, Wintermute argues, allows Armitage to support a broader range of collateral assets and potentially unlock higher-yield opportunities for depositors.  Armitage Entry Expands Ecosystem of Specialized Vault Creators  Morpho, the protocol hosting the initial launch, framed Wintermute‘s entry as part of a growing ecosystem of specialized vault curators. CEO Paul Frambot said, “Every new curator strengthens the network, bringing new strategies, new depositors, and new borrower demand, and having a firm of Wintermute’s caliber join only accelerates that.”  Armitage vaults will be permissionless and non-custodial, meaning users can deposit or withdraw funds directly onchain without identity verification requirements.

05-21Industry

Ripple CLO Backs CLARITY Act Despite Arthur Hayes Urging Trump Veto

Tech  Ripple CLO Backs CLARITY Act Despite Arthur Hayes Urging Trump Veto  Ripple CLO Stuart Alderoty has expressed his support for the proposed CLARITY Act. In contrary, Arthur Hayes, urged President Donald Trump to veto the measure.  Ripple CLO Supports CLARITY Act  In a a recent interview, Hayes said digital assets shouldn‘t be bound by government regulations to keep their relevance. However, Ripple’s CLO has a different view on the matter.  In a post on X, Alderoty defended this bill. He argued that it is designed to provide retail participants with certainty in the digital asset marketplace.  “The Clarity Act isn‘t about protecting an industry. It’s about protecting everyday Americans who deserve clear rules when they participate in the multi-trillion dollar crypto economy,” Alderoty wrote. He added, “67 million Americans already hold crypto. The data is in. Its time.”  Meanwhile, lawmakers are debating on the future of the CLARITY Act in the United States. Thus, the Ripple CLOs comments mark an important juncture as proponents beleive that the bill lays a formal structure would help cut down on the confusion among investors and companies in the crypto sector.  Now, regulators are looking at combing several bills into a tidy package before the bill reaches the Senate floor vote.

05-21Industry

AI Coins Rally Hard As SERV, BNKR, VVV Jump

Tech  AI Coins Rally Hard As SERV, BNKR, VVV Jump  The post AI Coins Rally Hard As SERV, BNKR, VVV Jump appeared first on Coinpedia Fintech News  AI coins are ripping again, and no, this isn‘t one of those overnight “next big thing” rotations the market forgets in 48 hours. The AI narrative has been grinding higher for months now, and today’s leaderboard is packed with tokens riding that momentum hard.  OpenServ‘s token, SERV, surged roughly 27% intraday after the project pushed out a fresh claim tied to Google’s newly released Gemini 3.5 Flash model. According to OpenServ, its SERV engine paired with DeepSeek v4 Flash can outperform Google‘s setup at nearly one-thirtieth of the cost. Cheap, faster, “enterprise-ready” AI infrastructure? Crypto traders eat that stuff up like it’s free yield season again.  SERV Momentum Keeps Getting More Aggressive  Well, here‘s the kicker. Today’s candle wasnt built in isolation. The daily chart shows SERV has been climbing steadily since early May, with cumulative gains now approaching 350%.  Price action also reflects growing momentum around AI infrastructure narratives tied to governments, Fortune 500 firms, and high-stakes operational systems. Whether those adoption dreams materialize is another conversation entirely, but traders clearly arent waiting around for audited quarterly reports.  Meanwhile, the

05-21Industry

Ankr (ANKR) Price Prediction 2026, 2027–2030

Tech  Ankr (ANKR) Price Prediction 2026, 2027–2030  Quick Answer: Ankr (ANKR) is trading near $0.005–$0.010 as of May 2026, down approximately 95–97% from its all-time high of $0.19 set in November 2021. Analyst forecasts for 2026 range from $0.00374 (CoinCodex conservative) to $0.013 (AMBCrypto average). For 2030, the spread is extraordinary — from $0.006 (Bitget bear case) to $0.412 (Cryptopolitan bull case). The key question for ANKR is whether its record-setting infrastructure metrics — 12 trillion RPC requests processed in 2025, enterprise clients including Microsoft, Binance, and Tencent Cloud — can eventually translate into token price appreciation.  Ankr sits in one of crypto‘s most unusual positions: a project whose underlying business is objectively growing while its token price has collapsed. In 2025, Ankr processed more blockchain data than at any point in its history. It added 11 new blockchain networks, launched enterprise-grade fiber infrastructure, introduced RPCfi with Neura, and surpassed 1 trillion monthly RPC requests — a milestone that underscores how much of global Web3 activity flows through Ankr’s infrastructure every day. Yet the ANKR token fell nearly 90% in a single quarter, from $0.041 in early 2026 to below $0.005 by February. This guide breaks down the analyst forecasts year by year

05-21Industry

South Korean Funeral Firm Loses $33 Million on BitMine Ethereum ETF

Daily leveraged products also lose value through volatility decay in choppy markets.  A Regulatory Blind Spot in Prepaid Funeral Funds  The episode has exposed how loosely South Korea polices prepaid funeral funds. The sector sits under the Fair Trade Commission as a prepaid installment business, not any financial regulator.  The only binding rule requires firms to hold half of customer prepayments in reserve. The remaining half can be deployed in almost anything, including high-risk securities.  “This should be illegal,” said analyst Bull Theory.  A Korea Economic Daily review of 75 providers found 43% hold fewer assets than prepayments owed.  Six bills now sit in the National Assembly to ban speculative investments and related-party lending in the sector.  Bumo Sarang has not signaled any plan to unwind the position. Customer prepayments now hang on whatever BitMine and ether do next.  The case strengthens calls in Seoul for tighter rules before the next funeral firm chases similar returns.  The post South Korean Funeral Firm Loses $33 Million on BitMine Ethereum ETF appeared first on BeInCrypto.

05-21Ethereum
1
...
346348
...
1000