South Korea’s FSC is reportedly reviewing Hana Bank’s $668 million Dunamu stake under “banking-commerce separation” rules that limit bank ownership tied to crypto firms. South Korea’s financial regulator is reportedly reviewing Hana Bank’s planned $668 million purchase of a 6.55% stake in Dunamu, the operator of the largest domestic cryptocurrency exchange, Upbit. Local outlet iNews24...Continue Reading

Goldman Sachs cut its crypto ETF exposure in Q1 2026, exiting XRP and Solana funds while trimming Bitcoin and Ether ETFs and reshaping equity bets. US investment bank Goldman Sachs sharply reduced its exposure to cryptocurrency exchange-traded funds (ETFs) in the first quarter of 2026. No XRP-linked ETFs appeared in Goldman Sachs’ Q1 Form 13F...Continue Reading

AFX, a sovereign Layer 1 purpose-built for decentralized derivatives trading, has officially commenced the operation of its L1 Mainnet, signaling a definitive end to the era of trade execution compromised by general-purpose blockchain congestion. Road Town, BVI, May 18, 2026 — AFX, a sovereign Layer 1 purpose-built for decentralized derivatives trading, has officially commenced the...Continue Reading

Two security companies have flagged the address where the stolen funds are allegedly being held, showing the cryptocurrencies have been converted into 5,402 Ether. Verus Protocol’s Ethereum bridge was reportedly exploited on Monday through a fake cross-chain transfer message that allowed a hacker to fraudulently transfer out at least $11.58 million in cryptocurrency. Onchain security...Continue Reading

Kraken has cut 150 staff due to the rising use of AI, adding to more than 5,000 layoffs across the crypto sector so far this year, Bloomberg reports. Crypto exchange Kraken has reportedly laid off some of its staff as a cost-cutting measure, which could delay its planned initial public offering in the US until...Continue Reading

Screenshots of a website called “Hormuz Safe” have been circulating on social media, which offers “digital insurance” for ships passing through the Strait of Hormuz. Iran is reportedly considering a plan to exercise control over the Strait of Hormuz through an “insurance-based model,” with some speculating, based on an unverified website, that it could be...Continue Reading

Fundstrat’s Tom Lee pointed out an inverse correlation between crude and Ether as oil surged back to around $110 on Monday. Rising oil prices since the US-Israeli war have been a consistent weight on the price of Ether for the last three months, according to Fundstrat co-founder Tom Lee.  “If one is wondering why Ethereum...Continue Reading

NYDIG’s Greg Cipolaro says the Senate’s crypto market structure bill is at risk of failing if it cannot clear a floor vote by August. The US Senate’s crypto market structure bill could take until August to pass and risks not advancing at all if lawmakers cannot pass it before the midterms, said Greg Cipolaro, head...Continue Reading

Some analysts argue that a comparatively broadened, institutionalized buyer base for crypto today may prevent a repeat of the drawdowns seen in May 2018 and May 2022. Crypto analysts are divided over whether markets will see a major Bitcoin sell-off in May, a pattern that has emerged in the last two bear markets during US...Continue Reading

Aave applied a temporary freeze to WETH as a precautionary safety measure in response to the exploit, alongside freezes on the rsETH and wrsETH reserves. Aave users are now able to borrow against wrapped Ether on the decentralized finance protocol again, as the Kelp DAO exploit recovery plan continues to progress.  Aave founder Stani Kulechov...Continue Reading