HTX denies UK sanctions allegations after the Foreign Office accused affiliate Huobi Global S.A. of funnelling $1.5 billion to Russia. Summary HTX says UK sanctions apply only to Huobi Global S.A. and do not affect its operating exchange. The Foreign Office accuses the affiliate of funnelling $1.5 billion to Russia through A7 and Garantex. Global
A Google security engineer, Michele Spagnuolo, was arrested and charged over alleged insider trading by placing bets on Polymarket about what Google users were searching, U.S. officials alleged on Wednesday. According to a complaint unsealed by the U.S. Attorney’s Office for the Southern District of New York, Spagnuolo used “material nonpublic information” to place bets
Bitdeer names ex-Corsair finance chief Michael Potter as CFO, effective Tuesday, replacing Jianchun Liu. Summary Michael Potter takes over as Bitdeer CFO effective Tuesday, with outgoing CFO Jianchun Liu staying through June 30. Potter led Corsair Gaming’s 2020 IPO and held earlier CFO roles at Canadian Solar, Lattice Semiconductor, and STATS ChipPAC. The appointment lands
ARK Invest CEO Cathie Wood reaffirmed her firm’s long-term bullish outlook for Bitcoin, projecting a base case of approximately $750,000 and a bull case of $1,250,000 within the next five years, even as critics question the asset’s performance amid volatility and geopolitical tensions. In a recent interview with Fox Business, Wood addressed Bitcoin’s role as
Apple is being re-rated as an AI winner on the back of “agentic” iPhone and Mac ecosystems rather than frontier models, and the next question is whether on-device agents eventually plug into tokenized payments and assets. Summary Bank of America’s Wamsi Mohan argues Apple’s end-to-end ecosystem gives it an “agentic AI moat” despite a late
SUI Elliott Wave analysis flags wave 5 risk toward 49-65 cents as micro resistance at $1.31 holds. Accumulation signals offer a narrow bullish counter-case. The SUI Elliott Wave structure is doing something the token’s buyers have been trying to ignore. According to moretradingonl on X, $SUI still has not confirmed a meaningful low. The broader
Russian officials have moved closer to a long-term shutdown of crypto mining in Moscow and nearby regions as lawmakers have advanced a separate bill to jail unregistered miners. Summary A Russian power-industry commission has backed a proposal to ban crypto mining in Moscow, Moscow Oblast, and parts of Kursk until at least 2032. Kommersant reported
Avalanche’s network has reached a new record high in distributed RWA value. Data shows over $1.16 billion on-chain, boosted by BlackRock. AVAX price looks to hold $9.00 support amid this ecosystem growth. Avalanche price hovered $9.25 on Wednesday as bulls attempted to solidify the uptick from intraday lows of $9.10. The declines had put AVAX
Originally published in American Banker on 26 May 2026 A recent note from the IMF highlights tokenisation as a structural shift in financial architecture; it reconfigures trust, settlement, and risk management to the benefit of investors and issuers, but in their view also risks amplifying financial instability. To counter these risks, the Note emphasizes the
Stablecoin payments run through settlement and B2B rails, not consumer checkout, BridgerPay CEO Ran Cohen said. Summary Cohen said real stablecoin demand sits in cross-border settlement, B2B payouts, and treasury, not retail checkout. He argued Mastercard’s $1.8 billion BVNK deal validates the rail rather than ending the case for neutral orchestration. Cohen expects stablecoins to
