Law firm Fenwick & West sued for $525M over alleged role in FTX collapse
Twenty FTX victims are suing Fenwick & West, claiming the law firm didn’t just represent FTX, it helped build the infrastructure that kept the fraud running. Go to Source
Month: May 2026
JPMorgan lifts Bitcoin ETF exposure in Q1, led by BlackRock’s IBIT
The bank raised its reported IBIT holdings by 174% in the first quarter while also adding exposure to select Bitcoin, Ether and Solana-linked funds. Go to Source
Altcoin season ‘quietly’ starting? Analysts spot three bullish indicators
Crypto analysts spot early altcoin recovery signals as key metrics improve and capital rotation hints at a potential altseason in 2026. Go to Source
CFTC no-action letter eases event contract reporting rules
The CFTC issued no-action relief from certain swap reporting rules for fully collateralized event contracts as prediction market disputes widen. Go to Source
Bank of England reconsiders strict stablecoin regime
BoE weighs easing UK stablecoin caps and reserve demands after industry backlash, in a move that could decide whether GBP tokens can compete with dollar‑pegged rivals. Go to Source
Casper Network Plans Quantum-Safe Keys in 2027 to Protect Tokenized Assets
The Casper Association has launched a multi-year technical roadmap focused on institutional-grade infrastructure for real-world asset tokenization and artificial intelligence-driven commerce. Bridging the Ethereum Ecosystem The Casper Association on May 12 unveiled a multi-year technical roadmap aimed at positioning the Casper Network as the primary infrastructure for regulated asset tokenization and the burgeoning machine-to-machine economy. … Read more
BitGo posts wider Q1 loss despite revenue more than doubling
BitGo’s headline revenue figure doubled year-over-year to $3.8 billion, but a Bitcoin price decline and IPO-related costs pushed net losses to $60.7 million in the first quarter. Go to Source
Trump’s White House weighs 250 pardons to celebrate America’s 250th birthday
One of the developers behind the crypto-mixing protocol Samourai Wallet has publicly expressed hopes for a pardon, along with FTX founder Sam Bankman-Fried. Go to Source
NY judge pushes back hearing for Aave’s bid to unfreeze $71M in ETH
A New York judge has ordered supplemental briefings because Aave did not adequately outline how compounding losses could occur if the restraining notice remains in place. Go to Source
ADI Foundation and Settlemint Launch ADGM Tokenization Rail for $30.9B RWAs
ADI Foundation and Settlemint have launched a partnership to build an integrated digital securities infrastructure on the ADI Chain. Integrated Infrastructure for Institutional Adoption ADI Foundation and Settlemint announced a partnership on May 13 to launch a new digital securities infrastructure on the ADI Chain, aiming to streamline the tokenization of assets within the Abu … Read more