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Ripple Launchs Blockchain Payments in UAE with Zand and Mamo Ripple has launched its blockchain-powered cross-border payment platform, Ripple Payments, in the United Arab Emirates (UAE), furthering the country’s ambitions to become a leading hub for digital finance. This strategic rollout features collaborations with Zand Bank—the UAE’s first all-digital bank—and Mamo, a fintech firm offering payment solutions for businesses. Both institutions will leverage Ripple Payments to facilitate real-time, cros... Coinatory

Top Trending Crypto Tokens on Social Media in May The cryptocurrency market is still changing quickly, and social media trends are frequently used to measure investor sentiment. Solana (SOL), Chainlink (LINK), Tether (USDT), Nexpace (NXPC), Lanchcoin (LAUNCHCOIN), and FTX's FTT are among the cryptocurrency assets that have lately seen a surge in activity across platforms like Telegram and X, according to market intelligence platform Santiment. Solana Takes the Lead in Ecosystem Development a... Coinatory

Stablecoins Poised to Transform Collateral Management Stablecoins Emerge as Pivotal Tools in Modernizing Collateral Management Amid Regulatory Debates Stablecoins are increasingly recognized within traditional finance (TradFi) as instrumental in enhancing the efficiency of collateral management systems. The Depository Trust & Clearing Corporation (DTCC) recently concluded a pilot, dubbed the "Great Collateral Experiment," demonstrating the efficacy of digital assets, particularly stablecoins... cryptonews today

Tether's Blacklist Delay Facilitates $78M in Illicit USDT Transfers A recent compliance investigation has revealed a critical vulnerability in Tether's USDT blacklisting mechanism, allowing more than $78 million in illicit funds to be transferred before enforcement measures were executed. The blacklisting process, which functions on both Ethereum and Tron blockchains, is hindered by a multi-signature procedure that introduces significant delays. This lag between the initiation and finalization of a blacklisti... crypto news today

Tron Overtakes Ethereum in USDT Supply with $1B Mint On May 15, 2025, Tether minted an additional $1 billion of its USD-pegged stablecoin, USDT, on the Tron blockchain. This issuance raised Tron's authorized USDT supply to approximately $74.7 billion, surpassing Ethereum's $74.5 billion. Tron also leads in terms of circulating supply, with $73.6 billion USDT in active circulation compared to Ethereum's $71.8 billion. This milestone marks the first time since November 2024 that Tron has overtake... cryptocurrency news

21Shares Partners with Sui to Boost SUI Adoption and DeFi Growth 21Shares, a prominent issuer of cryptocurrency exchange-traded products (ETPs), has announced a strategic partnership with Sui, a high-performance Layer-1 blockchain network. This collaboration aims to enhance the global adoption of Sui's native token, SUI, with a particular focus on the U.S. market. The alliance comes at a time when Sui's decentralized finance (DeFi) ecosystem is experiencing significant growth. Sui’s total value locked (TVL... Coinatory

VanEck Launches NODE ETF for Blockchain Investment Exposure VanEck has introduced the Onchain Economy ETF (NODE), an actively managed fund listed on the Cboe exchange, aimed at providing diversified exposure to companies driving the growth of blockchain and the digital economy. Commencing trading on May 14, 2025, NODE is structured to invest across a broad array of firms in the blockchain ecosystem. This includes cryptocurrency miners, digital asset exchanges, infrastructure providers, and financial t... cryptonews today

Coinbase Invests in Stablecorp to Promote QCAD in Canada Coinbase Global Inc. (NASDAQ: COIN) has announced a strategic investment in Stablecorp, a Canadian fintech firm specializing in stablecoin issuance, as part of its broader initiative to enhance digital payment infrastructures in Canada. This move underscores Coinbase's commitment to expanding its footprint in the Canadian market and promoting the adoption of digital assets. Stablecorp, a joint venture between 3iQ and Mavennet Systems, is the ... Coinatory cryptocurrencies news

Solana Co-Founder Proposes Meta Blockchain for Cross-Chain Data Integration Anatoly Yakovenko, co-founder of Solana Labs, has unveiled a proposal for a "meta blockchain" designed to address the persistent fragmentation and limited interoperability plaguing blockchain networks. This initiative introduces a unified data availability (DA) layer that would aggregate and order data from multiple layer-1 chains, including Ethereum, Celestia, and Solana, facilitating more seamless cross-chain communication and reducing operati... crypto news today

Truth Social Denies Plans for Memecoin Launch In response to rumors that went viral on social media over the weekend, Trump Media & Technology Group's (TMTG) social media platform, Truth Social, has formally denied any role in the establishment of a memecoin. “Contrary to rumors, Truth Social is not launching a memecoin,” the company declared via an official post. Former US President Donald Trump controls the majority of TMTG, the company that operates the site. Adding to... crypto news

Tether's USDt Hits $150B Market Cap Amid U.S. Expansion Plans Tether's USDt has reached a major milestone, surpassing a $150 billion market capitalization for the first time on May 12, 2025. This surge reflects a 36% increase in circulating supply over the past year, consolidating USDt’s position as the dominant stablecoin with 61% of the global market share, based on industry data. The rise in USDt’s valuation aligns with broader adoption trends, marked by a 50% increase in active stablecoin wallets in... crypto news today

Strategy Buys $1.34B in Bitcoin as Price Exceeds $100K Bitcoin bull Michael Saylor has once again made headlines as Strategy, the firm he co-founded, acquired 13,390 BTC for approximately $1.34 billion between May 5 and May 11, during a period when the cryptocurrency broke past the $100,000 threshold. The transaction, disclosed in a May 12 filing with the U.S. Securities and Exchange Commission, marks a 2.4% increase in Strategy’s Bitcoin holdings, which now total 568,840 BTC. The aggregate ... Coinatory crypto news

US-China Trade Deal May Reveal Bitcoin’s Role as Safe-Haven Asset As trade negotiations between the United States and China approach a critical juncture, analysts are closely watching Bitcoin’s market behavior for clues about its evolving status as a macroeconomic safe-haven asset. Crypto trader Daan Crypto highlighted that Bitcoin significantly outperformed traditional markets during April’s stock market sell-off, triggered by former President Donald Trump's announcement of new tariffs on “Liberation ... cryptonews

Ethereum's Potential Breakout: Analyst Eyes $3,800–$4,800 Target Veteran trader Peter Brandt has identified a potential bullish breakout for Ethereum (ETH), contingent upon the altcoin surpassing a key congestion pattern. Brandt highlighted a rising wedge formation—a chart structure often considered bearish—but suggested that a breakout above this formation could propel ETH toward the descending resistance line, with price targets in the $3,800 to $4,800 range. This optimistic technical outlook aligns with... cryptocurrency news

Bitcoin Enters Deflationary Phase Amidst Institutional Accumulation Bitcoin has entered a deflationary phase, propelled by aggressive institutional accumulation that now outpaces the rate of new coin issuance. Leading this trend is Strategy, formerly known as MicroStrategy, which has amassed 555,450 BTC—valued at over $58 billion—rendering these holdings effectively illiquid. According to CryptoQuant CEO Ki Young Ju, this level of accumulation contributes to an estimated annual deflation rate of -2.23% for Bi... cryptocurrency news today

UK Drafts Robust Crypto Regulations to Establish Global Leadership The United Kingdom is advancing its position as a global leader in digital finance with the introduction of comprehensive draft legislation regulating cryptoassets. Announced by Chancellor Rachel Reeves on April 29, 2025, the proposed framework aims to integrate digital assets into the existing financial regulatory structure, emphasizing transparency, consumer protection, and operational resilience. Under the Financial Services and Markets Ac... UK Drafts Robust Crypto Regulations to Establish Global Leadership

Senators Demand DOJ Probe into Trump-Binance Crypto Ties A coalition of Democratic senators has formally requested the U.S. Department of Justice (DOJ) and the Treasury Department to investigate potential conflicts of interest stemming from President Donald Trump's cryptocurrency ventures, particularly those involving Binance, a leading global crypto exchange. This inquiry follows the Senate's failure to advance the GENIUS Act, a bill aimed at regulating stablecoins. In a letter dated May 9, Senato... Senators Demand DOJ Probe into Trump-Binance Crypto Ties Coinatory

Ethereum Surges 20% Post-Pectra Upgrade Amid Market Optimism Ethereum (ETH) experienced a sharp rally, soaring nearly 20% following the successful implementation of the long-anticipated Pectra upgrade on May 7, 2025. The update, which consolidates the Prague and Electra hard forks, introduced critical enhancements including increased staking limits, improved wallet functionality, and broader scalability improvements intended to strengthen network efficiency. This bullish momentum propelled ETH’s price ... cryptocurrency news Coinatory

Solana Lags Ethereum in Institutional Adoption, Says Sygnum Despite recent surges in transaction volume and fee generation, Solana still lacks the institutional appeal to displace Ethereum as the blockchain of choice for traditional finance, according to crypto bank Sygnum. Institutional Preference Still Favors Ethereum In a blog post dated May 8, Sygnum emphasized that while current market sentiment may favor Solana's performance metrics, the long-term decisions of financial institutions ... cryptocurrency news Coinatory

Coinbase Acquires Deribit in $2.9B Crypto Derivatives Deal Coinbase Global Inc., the largest U.S.-based cryptocurrency exchange by trading volume, has announced its intention to acquire Deribit, a leading crypto derivatives platform, in a transaction valued at approximately $2.9 billion. The deal includes $700 million in cash and 11 million shares of Coinbase Class A common stock, subject to customary purchase price adjustments. Founded in 2016 and headquartered in Dubai, Deribit has established itse... cryptonews today