Kraken Cuts 150 Jobs Before IPO Launch
@Payward, parent of Kraken, cuts 150 staff to streamline operations ahead of a planned IPO while seeking fresh funding at a $20 billion valuation. #Update #Crypto
Markets
Deals with articles on the cryptocurrency markets, crypto investment strategies, market analyses, and trading insights.
Tokenized RWA Market Surges to $34.5B
The tokenized RWA market reached $34.5B in May 2026, doubling year-on-year, with @Blackrock, @OndoFinance, and @Circle leading institutional adoption. #Update #Finance
SEC Reviews Grayscale Vaneck BNB ETF Filings
Grayscale and Vaneck both amended their BNB ETF filings with the SEC, indicating active regulatory engagement. Coinbase will custody both ETFs. #Update #Crypto $BNB
Dogecoin Whale Bets $2.25M With Leverage
A new wallet placed a 10x leveraged long on 20M $DOGE worth $2.25M, with whale holdings hitting record levels amid price consolidation. #Update #Crypto $DOGE
Solana Surges Morgan Stanley ETF to $29.9M
Morgan Stanley increases its Solana exposure to $29.9M through Bitwise’s Solana staking ETF amid a 38% SOL price decline this year. #Update #Crypto $SOL
Upbit Stake Launches New Venture Deals
From May 9 to May 16, 2026, $675 million was invested in Dunamu, Upbit’s parent company; Elliptic raised $120 million; Circle’s Arc token presale netted $222 million. #Update #Crypto $BTC
Binance Captures 78% of May Inflows
Binance captured 78% of net inflows to centralized exchanges in May, with $3.6B in stablecoin deposits and $887M in WETH, indicating strong market positioning. #Update #Crypto $BNB
SEC Approves Grayscale BNB Coin ETF Filing
@Grayscale has filed a second amended S-1 registration statement with the SEC to advance its plans for a spot $BNB ETF in the U.S. #Update #Crypto $BNB
SpaceX Launches June 11 IPO Pricing
@SpaceX targets June 11 for IPO pricing on Nasdaq, following a swift SEC review. Trading could commence as early as June 12. #Update #Crypto $DOGE
Ethereum Profit Surges to Weekly Highs
Ethereum sees $74.58M in realized profits as holders sell during a 5.5% price dip, reflecting a shift in market sentiment. #Update #Crypto $ETH
Bitcoin ETF Trading Volume Surges $2.76B
Bitcoin ETFs gained $131.31M, led by @Blackrock’s IBIT with $144.10M inflows; Ether ETFs lost $5.65M, while XRP and Solana saw positive inflows of $18.25M and $6.51M respectively. #Update #Crypto
Iran War Triggers Market Volatility Surge
The ongoing conflict in Iran has highlighted new financial infrastructures, revealing unexpected market resilience and adaptability according to Huang. #Update #Crypto
Dunamu Gains $668M Investment from Hana Financial
@HanaFinancial is acquiring a 6.55% stake in @Dunamu, operator of Upbit, for $668M, becoming its fourth-largest shareholder amid increasing interest from traditional finance in crypto. #Update #Crypto $USDT
OpenAI IPO Faces GOP Scrutiny
OpenAI CEO Sam Altman is under investigation by Republican lawmakers for potential conflicts of interest involving personal investments in Helion Energy and Stoke Space, impacting OpenAI’s IPO. #Update #Legal