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Grove launches $1 billion liquidity network for tokenized Treasury funds

Groves Basin liquidity network can supply up to $1 billion in daily stablecoin liquidity to support redemptions for tokenized U.S. Treasury funds.Grove introduced a liquidity facility capable of providing up to $1 billion in daily stablecoin liquidity.The Basin network is designed to support instant redemptions for tokenized Treasury products including BlackRocks BUIDL fund.The launch highlights growing institutional demand for tokenized real-world assets and on-chain liquidity infrastructure.　　Blockchain credit infrastructure company Grove has launched a liquidity network called Basin aimed at supporting instant redemptions for tokenized U.S. Treasury funds, marking another major step in the expansion of tokenized real-world assets. According to reports from ChainCatcher, the platform can initially provide up to $1 billion in stablecoin liquidity per day.　　The liquidity facility is designed to support products including BlackRocks BUIDL tokenized Treasury fund and the Janus Henderson Anemoy Treasury Fund (JTRSY). Basin will allow investors to redeem tokenized Treasury assets more efficiently by providing stablecoin liquidity infrastructure that operates continuously on-chain.　　The launch comes as tokenized Treasury products continue attracting institutional capital due to rising demand for blockchain-based yield-bearing assets tied to traditional financial instruments. BUIDL has emerged as one of the largest tokenized Treasury offerings since its launch, reflecting accelerating interest in bringing

05-15

CLARITY Act Faces Tight Odds Ahead of Key Senate Vote

Last-minute disputes over DeFi rules cast uncertainty over the CLARITY Act committee vote.Cynthia Lummis warned Congress cannot wait for another crypto collapse before regulating markets.More than 100 amendments and bipartisan tensions complicated the CLARITY Acts path forward.　　Lawmakers on Capitol Hill are prepared to vote Thursday on the crypto-focused CLARITY Act, a proposal that could shape digital asset regulation in the United States. The Senate Banking Committee markup came as crypto firms, lobbyists, and industry groups closely monitored negotiations amid signs that bipartisan support had weakened.　　Cynthia Lummis remained optimistic ahead of the hearing. Speaking on CNBCs Squawk Box, she said lawmakers had spent more than nine months working with Democrats on the bill. Lummis argued the legislation would establish clearer rules for digital assets in the U.S.　　“Its the Wild West out there,” Lummis said. She added that the framework would help regulators target fraud while allowing legitimate crypto companies to continue operating in the country.　　Bipartisan Negotiations Hit Final Roadblocks　　However, disagreements emerged just hours before the committee session began. Journalist Eleanor Terrett reported that five pro-crypto Democrats met Thursday morning privately to discuss their voting strategy after negotiations stalled the previous night.　　According to Terrett, ethical concerns were no longer the main issue.

05-15

Bitget Enters Mexico Market with UIF and SAT Registration to Grow in Latin America

Bitget, a renowned crypto exchange, is expanding its services into the Mexican market following the completion of crucial registrations. In this respect, Bitget has confirmed its successful registration with the Financial Intelligence Unit (UIF) and Tax Administration Service (SAT) of Mexico. These authorizations place Bitget among the early crypto entities to fulfill the local compliance needs in one of the fastest-growing digital asset hubs of Latin America. So, the development fortifies its strategy to expand presence across Latin and Central America, where there is a growing demand for regulated cryptocurrency services.　　Bitget Obtains UIF and SAT Registrations in Mexico to Expand Compliant Crypto Services　　Bitgets expansion into Mexico comes with the completion of the Financial Intelligence Unit (UIF) and Tax Administration Service (SAT) registrations. While Mexico is emerging as a noteworthy jurisdiction for the adoption of digital finance, Bitget attempts to effectively align with the regulatory expectations.　　Particularly, the SAT regulates tax obligations for domestic and foreign entities working in the financial market of Mexico. Additionally, UIF is the financial intelligence agency of the country to monitor and prevent any money laundering activities and other illegal financial flows. Collectively, these authorizations permit Bitget to execute its services under the evolving anti-money laundering (AML)

05-15

Apple Mac M5 System Exploited With Anthropics Claude Mythos AI, Researchers Claim

A security firm claims it built a working macOS kernel exploit targeting Apples M5 chip and Memory Integrity Enforcement system.The company says a preview version of Anthropics Claude Mythos AI helped identify bugs and assist with exploit development.Apple has not yet publicly commented on the claims.　　Apple devices have long been considered among the hardest consumer systems to hack because of the company‘s tightly integrated hardware and software security. Now, a security startup claims a small team of researchers used a preview version of Anthropic’s Claude Mythos to build a working exploit against Apples new M5 chip protections in less than a week.　　In a Substack post published Thursday, the Vietnam-based Calif said it developed what it describes as the first public macOS kernel memory corruption exploit capable of surviving Apple‘s new Memory Integrity Enforcement, or MIE, protections on M5 hardware. Calif said it shared the findings with Apple in a meeting at the tech giant’s headquarters in California.　　“We wanted to report it in person, instead of getting buried in the submission flood that some unfortunate Pwn2Own participants just experienced,” Calif wrote. “Most respected hackers avoid human interaction whenever possible, so this physical strategy may give us a slight edge in the

05-15

Dune cuts 25% of staff to sharpen focus on AI and institutional data products

Dune cut 25% of its staff this week as the crypto data platform restructures around AI powered analytics and institutional demand for onchain data.　　We‘re restructuring Dune to sharpen our focus around the core data products thousands of customers across the crypto industry rely on. That unfortunately means we’ve let 25% of the team go this week. These are exceptional people I can wholeheartedly recommend 　　CEO and co-founder Fredrik Haga said the layoffs are part of a move to sharpen Dunes focus on the core data products used across the crypto industry. He said the company remains well capitalized and will focus on two major shifts: AI and institutions moving onchain.　　The restructuring comes as Dune expands its AI product stack. The company recently introduced Dune MCP, a Model Context Protocol server that gives AI agents access to Dunes data warehouse across more than 100 blockchains, decoded smart contracts, and curated datasets. The tool is designed to let users create dashboards and workflows without writing SQL or managing data infrastructure.　　Dune said its broader platform supports blockchain data queries, APIs, DataShare, and dashboards across more than 100 chains. The companys website says it serves more than 1 million users and is trusted by

05-15

Gemini Stock Climbs 9% as Q1 2026 Earnings Show 42% Revenue Jump

Gemini Space Station (Nasdaq, GEMI) shares climbed roughly 9% to $5.73 in after-hours trade on Thursday after the listed crypto exchange reported a 42% jump in first-quarter revenue and a $100 million strategic investment from Winklevoss Capital.　　The firm also posted a narrower net loss of $109 million for the period ended March 31, while operating expenses grew 73% on stock-based compensation, severance, and credit card costs.　　Gemini Q1 2026 Earnings Show Revenue Diversification　　Services revenue and interest income climbed 122% from a year earlier to $24.5 million, making up 49% of the top line versus 31% in Q1 2025. Credit card revenue led the move, jumping nearly 300% to $14.7 million, with cumulative cardholders passing 123,700 over the trailing four quarters.　　Spot trading revenue, by contrast, slipped 27% to $17.2 million on quarterly volumes of $6.3 billion, down from $13.5 billion a year earlier. Monthly transacting users reached 589,000, up 17% year-over-year.　　Winklevoss Capital Anchors $100 Million Bitcoin Bet　　Winklevoss Capital bought 7,142,857 Class A shares at $14 each, settling the transaction in bitcoin (BTC). The purchase price sits more than 2.5 times above where GEMI closed Wednesday at $4.92, framing the deal as an insider vote of confidence after a difficult run in public

05-15

Intuitive Machines (LUNR) Stock Surges on $186.7M Q1 Revenue and $1.1B Backlog Milestone

First-quarter revenue reaches $186.7M as LUNR stock gains momentum on record backlogContract backlog surges to unprecedented $1.1B following major NASA awards and acquisitionsLanteris acquisition drives substantial revenue expansion and space infrastructure capabilitiesCompany maintains full-year revenue projection between $900M and $1B for 2026Positive Adjusted EBITDA of $2.7M marks significant profitability milestone for space firm　　Shares of Intuitive Machines attracted investor interest following a robust first-quarter performance that saw revenue expand nearly threefold while the contract backlog climbed to an all-time high. LUNR stock traded at $36.43, representing a gain of $0.75 or 2.10% during the session. The upward movement came on the heels of impressive revenue figures, favorable profitability metrics, and significant contract awards.　　Intuitive Machines, Inc., LUNR　　The lunar and space infrastructure enterprise delivered $186.7 million in quarterly revenue for the three months concluding March 31, 2026. This figure represented an approximately 200% increase compared to the same period last year, driven substantially by the integration of Lanteris Space Systems. Performance across Commercial Lunar Payload Services, Orbital Mission Enabling Services, and National Security and Navigation Services programs contributed to the results.　　January 2026 marked the completion of Intuitive Machines‘ $800 million Lanteris acquisition, significantly broadening the company’s space infrastructure footprint. This strategic transaction positioned

05-15

OpenAI Pushes New ChatGPT Safety Features as Lawsuits Mount

OpenAI says ChatGPT can now better spot signs of self-harm or violence during ongoing conversations.The update comes as the company faces lawsuits and investigations over claims that ChatGPT mishandled dangerous conversations.OpenAI said the new safeguards rely on temporary “safety summaries” rather than permanent memory or personalization.　　OpenAI on Thursday announced new safety features designed to help ChatGPT recognize signs of escalating risk across conversations as the company faces growing legal and political scrutiny over how its chatbot handles users in distress.　　In a blog post, OpenAI said the updates improve ChatGPTs ability to identify warning signs tied to suicide, self-harm, and potential violence by analyzing context that develops over time instead of treating each message separately.　　“People come to ChatGPT every day to talk about what matters to them—from everyday questions to more personal or complex conversations,” the company wrote. “Across hundreds of millions of interactions, some of these conversations include people who are struggling or experiencing distress.”　　According to OpenAI, ChatGPT now uses temporary “safety summaries,” which it described as narrowly scoped notes that capture relevant safety-related context from earlier conversations.　　“In sensitive conversations, context can matter as much as a single message,” the company wrote. “A request that appears ordinary or ambiguous on

05-15

Turnkey raises $12.5M for wallet infrastructure

Crypto wallet infrastructure firm Turnkey has raised $12.5 million backed by Circle Ventures and Sequoia Capital.The round brings Turnkeys total funding to over $65 million and will primarily support development of Turnkey Verifiable Cloud ahead of its public launch.Verifiable Cloud is designed to let companies run sensitive crypto operations including transaction signing and policy decisions in a verifiable environment.Turnkey was founded by former Coinbase Custody employees and serves Flutterwave, Polymarket, and World App among its customers.　　Turnkey announced the raise on May 14, with participation from Archetype, Bain Capital Crypto, Lightspeed Faction, Galaxy Ventures, and Variant alongside Circle Ventures and Sequoia Capital.　　The New York-based company builds key management infrastructure for crypto applications, including non-custodial wallets, automated onchain transactions, and policy-controlled signing. The raise follows a $30 million Series B led by Bain Capital Crypto in mid-2025.　　“Stablecoins are transforming how value moves online, and AI agents are upending traditional security assumptions,” said Bryce Ferguson, CEO and co-founder of Turnkey. “Verifiable Cloud is our answer to the security and compliance demands of the next wave of crypto applications.”　　What Verifiable Cloud is designed to solve　　Verifiable Cloud targets organisations that need to run sensitive operations, including transaction visibility, policy decisions, and agent-driven wallet activity, in

05-15

Societe Generale Expands Tokenized Stablecoin Use on Canton

Societe Generale, through its digital assets subsidiary Societe Generale-FORGE, is expanding its footprint in blockchain-based finance by deploying its EURCV and USDCV stablecoins on the Canton Network. The move is part of the banks strategy to enhance tokenized collateral, repo financing, and settlement infrastructure.　　The Paris-based institution plans to leverage Cantons infrastructure for collateral mobility, margin management, and risk management workflows tied to tokenized assets. This initiative is aimed at streamlining short-term financing transactions and improving operational efficiency for institutional participants.　　According to the announcement, the EURCV and USDCV stablecoins will facilitate settlement and cash management activities but will remain restricted to non-U.S. jurisdictions. Currently, EURCV holds a market capitalization of $97 million, while USDCV has $20 million in circulation, per data from DeFiLlama. Both stablecoins were launched by SG-FORGE in 2023 and 2025, respectively.　　Societe Generale has been actively exploring blockchain‘s potential in traditional finance. In November 2025, the bank issued a tokenized green bond on Canton Network, marking its early adoption of tokenized asset frameworks. The company also recently integrated USDCV into Consensys’s MetaMask wallet, signaling its intent to broaden use cases for its digital assets.　　Tokenization Gains Momentum Among Financial Institutions　　Societe Generale‘s announcement aligns with a broader trend of banks and

05-15

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