Upbit will end trading support for NKN on June 15, removing the NKN/BTC pair from its platform.  Summary Upbit will end NKN/BTC trading on June 15, giving users until July 16 to withdraw funds. NKN trades near $0.0075 with market capitalization around $6 million, according to CoinGecko today data. The delisting adds pressure on a

DeFi Development Corp. said its fully converted SOL per share rose 108% over the past year, reaching 0.0670 on May 13.  Summary DFDV reported 108% yearly SOL-per-share growth, lifting fully converted SPS to 0.0670 by May 13. The company posted an $83.4 million Q1 loss as lower SOL prices weighed on holdings. Validator operations, Bonk

Fidelity International has launched the Fidelity USD Digital Liquidity Fund, known as FILQ, as its first tokenized liquidity fund.  Summary FILQ gives institutions 24/7 tokenized liquidity backed by regulated, highly rated government securities and controls. Chainlink will publish NAV data onchain, while JPMorgan supplies approved daily pricing data for FILQ. Fidelity’s launch follows JPMorgan, BlackRock

Parliamentary standards watchdog formally launched a probe into Nigel Farage over an undeclared £5M gift tied to crypto donations. Summary Parliamentary Standards Commissioner Daniel Greenberg has opened a formal inquiry into whether Farage breached the Commons Code of Conduct. The £5M came from Christopher Harborne, a Thailand-based investor who holds a 12% stake in Tether

AI Layer-2 token Matchain MAT surged 349% in a single session as speculative capital rotated into small-cap altcoins. Summary Matchain is a BNB Chain zk-rollup focused on decentralised identity and AI-driven advertising infrastructure, with a market cap under $3 million. The move coincided with CryptoQuant’s Bull-Bear Market Cycle Indicator turning bullish on May 12 for

The copper gold ratio has broken above its 200-day moving average for the first meaningful time since September 2020. Summary The ratio now stands at 0.00142, with copper at $6.65 per pound and gold near $4,700 per ounce, up 25% from its recent lows. Previous surges in 2013, 2017, and 2021 aligned with the early

Yellow Network chairman Alexis Sirkia says the CLARITY Act is the structural reset U.S. crypto has waited for. Summary Sirkia argues the bill creates the first navigable framework around classification, jurisdiction, and compliance for crypto firms. Years of regulatory uncertainty pushed builders to Dubai and Singapore, and the CLARITY Act could reverse that flow if

Tokenized Treasuries hit a record $15.35 billion on May 13 as Fed rate-hike fears drove investors toward on-chain yield. Summary Total value locked in tokenized Treasuries surpassed the previous mid-April peak of $15.10 billion, with rwa.xyz data confirming the $15.35 billion record on May 13. April’s US CPI came in at 3.8% annually, sharply raising

Anthropic and OpenAI have declared PreStocks tokens backed by their shares worthless, sending the Solana products down up to 39%. Summary Both companies said any transfer of their stock to special purpose vehicles without board approval is void, meaning buyers receive no shareholder rights. Anthropic named Open Door Partners, Hiive, Forge Global, and several others

Bloomberg senior ETF analyst Eric Balchunas reported that the Bitcoin spot ETF iShares Bitcoin Trust (IBIT) has significantly outperformed the gold ETF SPDR Gold Shares (GLD) since March, outpacing it by roughly 33 percentage points in performance. Summary Bloomberg ETF analyst Eric Balchunas says Bitcoin ETF IBIT has outperformed gold ETF GLD by 33 percentage