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.

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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

05-21

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

05-21

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.

05-21

Morgan Stanley Files Amended S-1 For Ethereum & Solana ETF

Ethereum  Morgan Stanley Files Amended S-1 For Ethereum & Solana ETF  Morgan Stanley has submitted revised S-1 registration statements to the U.S. Securities and Exchange Commission for two proposed crypto ETFs. The Wall Street giant just amended its application for Ethereum and Solana ETFs.  Morgan Stanley Submits Amended S-1 For Ethereum, Solana ETF  The filings are for Morgan Stanleys Ethereum Trust and Solana Trust. In the modified filings, Morgan Stanley noted that the proposed ticker for the Ethereum ETF is MSSE. Meanwhile, the proposed ticker for the Solana product is MSOL. It aims to mirror its launch of a spot Bitcoin ETF in April.  The two submissions were made on May 20. The documents describe the structure of the trusts and the creation and redemption of shares by means of authorized participants. The filings also contain language relating to staking that is associated with the underlying assets of the trusts.  The trust will follow spot Ethereum price and use a share of the ETH that is held on the vehicle for staking, according to the Ethereum filing. According to the filing, the trust is not an active investment entity. Thus, it will not aim to earn a profit besides following the ETH price and the rewards

05-21

Coins.ph expands Bitcoin and Ethereum payments in the Philippines

Bitcoin Ethereum  Coins.ph expands Bitcoin and Ethereum payments in the Philippines  Coins.ph, the leading crypto platform in the Philippines, has expanded its QR-code crypto payment network in the country, adding support for Bitcoin (BTC) and Ethereum (ETH).  The update continues the trend set by the platforms earlier integration of Tether (USDT) and brings further payment variety to around 700,000 merchants.  At the core of the update is, of course, QRPH, the countrys standardized QR payment system developed under the Bangko Sentral ng Pilipinas (BSP), which automatically converts crypto into Philippine pesos at the point of sale.  Wei Zhou, CEO of Coins.ph, told Finbold.  Stablecoin payments in the Philippines  As mentioned, the latest expansion is another step in the companys plan to make stablecoin payments more viable in the Philippines.  The initial launch of the system introduced USDT into the national QR infrastructure and recorded strong early transaction activity, as it helped make licensed Philippine wallets viable for direct crypto spending through unified national channels.  Zhou added.  For now, stablecoins remain central to the model, which is hardly surprising considering the market is shaped by large remittance inflows. More precisely, the Philippines receives roughly $38 billion annually in remittances.  As a result, digital assets, such as USDT, are an increasingly popular option

05-21

xAI Integrates Grok AI with OpenClaw Personal Assistant

xAI, Elon Musks generative AI venture, announced that Grok AI is now compatible with OpenClaw, an open-source, privacy-focused personal assistant. Starting May 22, 2026, users with SuperGrok or X Premium subscriptions can integrate Grok into OpenClaw, enabling new functionality across messaging platforms like WhatsApp, Telegram, Slack, and Discord.  OpenClaw is designed to run on local hardware, from Mac Minis to Raspberry Pis, prioritizing user control and persistent memory across sessions. With Grok integration, users can leverage xAI‘s large language model (LLM) capabilities directly in OpenClaw, regardless of their subscription tier. This move potentially expands Grok’s reach beyond its existing platforms, which include X (formerly Twitter), Grok.com, and a standalone iOS app.  Whats Driving the Integration?  This integration aligns with xAIs broader strategy to embed AI into daily workflows while addressing increasing concerns about data privacy. Unlike traditional cloud-based AI assistants, OpenClaw emphasizes local-first architecture, offering users more control over their data. This could help xAI counter regulatory scrutiny, such as bans in Malaysia and Indonesia earlier this year over Groks controversial AI-generated images.  The move also comes on the heels of a security breach earlier this month, where a Grok-linked crypto wallet lost 3 billion $DRB tokens in a prompt injection attack. By collaborating

05-21

Goldman Sachs dumped over $1 billion in XRP, ETH & BTC

Bitcoin Ethereum  Goldman Sachs dumped over $1 billion in XRP, ETH & BTC  Goldman Sachs Group Inc. (NYSE: GS) trimmed its positions in Bitcoin (BTC), Ethereum (ETH), XRP, and Solana (SOL) by more than $1 billion in the first quarter of 2026, but increased its exposure in Hyperliquid (HYPE).  These findings are according to the banks Form 13F filing with the United States Securities and Exchange Commission (SEC), analyzed by Finbold on May 20. Notably, Goldman Sachs fully exited its XRP holdings of about $152 million, as Finbold explained.  Goldman Sachs XRP holdings change. Source: SEC Filing  The bank trimmed its Ethereum holdings by over $904 million, a 88% decline, between the fourth quarter of 2025 and the end of the first quarter of 2026. As such, Goldman Sachs reported around $117.6 million in ETH by the end of Q1 2026.  Goldman Sachs ETH holdings change. Source: SEC Filing  Similarly, the investment bank reduced its Bitcoin exposure to $716.2 million quarter over quarter, representing a contraction of approximately 33%.  Goldman Sachs BTC holdings change. Source: SEC Filing  The bank liquidated its Solana holdings in full during the first quarter, as Finbold reported. As such, the bank sold about $1.51 billion in crypto during the first three months of 2026.  However,

05-21

Coins.ph adds Bitcoin and Ethereum to Philippines QR payments

Coins.ph adds BTC and ETH payments to the Philippines QRPh system.Users can spend crypto at 700,000 QRPh-enabled merchants.Stablecoins remain key for remittances and daily crypto payments.  Coins.ph has expanded its QRPh crypto payment functionality to support Bitcoin and Ethereum transactions, broadening the use of digital assets within the Philippines national QR payment infrastructure.  The Manila-based crypto platform announced on May 19 that users can now pay merchants nationwide using Bitcoin (BTC) and Ethereum (ETH) through QRPh, the national QR code standard developed by the Bangko Sentral ng Pilipinas (BSP).  The expansion builds on Coins.phs earlier rollout of QRPh-compatible stablecoin payments, which introduced support for USDT earlier this year.  Under the system, crypto balances are automatically converted into Philippine pesos during checkout, allowing users to pay merchants directly without manually converting digital assets into local currency beforehand.  Coins.ph estimates that the integration enables crypto payments across approximately 700,000 QRPh-enabled merchants throughout the country.  The latest update broadens the range of cryptocurrencies supported within the Philippines existing QR payment ecosystem.  QRPh serves as the national QR code standard designed to enable interoperable digital payments between financial institutions and merchants across the country.  Earlier this year, Coins.ph became the first digital wallet provider in the Philippines to integrate direct crypto payments

05-21

Zcash Foundation Patches 2 Critical Zebra Flaws, Reports $817K in Q1 Spending

Tech  Zcash Foundation Patches 2 Critical Zebra Flaws, Reports $817K in Q1 Spending  The report covers a three-month period that Executive Director Alex Bornstein called one of the most consequential in the Foundations history. The quarter opened amid governance upheaval at Electric Coin Company (ECC), where the entire development team resigned in early January following a dispute with Bootstrap, the nonprofit overseeing ECC.  ZEC dropped sharply on the news, but the Zcash network continued processing blocks and settling transactions without interruption. The Foundation moved quickly to address the transition, publishing a statement reaffirming that no single organization controls the Zcash protocol.  When ECCs DNS seeders stopped responding, ZF deployed replacement seeders in the United States and Europe within days. The Foundation also announced a native Rust DNS seeder built on the zebra-network crate, featuring per-IP rate limiting and integrated Prometheus metrics.  On the regulatory front, the SEC notified the Foundation that it had closed its investigation, which began with a subpoena in August 2023, without recommending enforcement action. The resolution removes a significant legal question that had surrounded the privacy-focused project for nearly three years.  The Foundations simplified balance sheet, unaudited and valued at end-of-quarter prices, showed total liquid assets of $36,701,379 against total liabilities of

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