Key Takeaways Coinbase became the first U.S.-regulated FCM offering global crypto derivatives access. CFTC staff action supports Coinbase’s regulated route to global crypto options and perpetual futures liquidity. Deribit’s more than $31 billion in bitcoin options open interest highlights the scale of the market Coinbase is targeting. Coinbase Opens Regulated Access to Global Crypto Derivatives …
Monthly archives: May 2026
CFTC backs crypto perpetual contracts, issues advisory on 24/7 trading
The US Commodity Futures Trading Commission (CFTC) took positions on cryptocurrency perpetual futures contracts and how the industry may be more suited for “24/7 trading, clearing, and settlement.” In a Friday notice, the CFTC said it had approved perpetual futures contracts tied to the spot price of Bitcoin for prediction markets platform Kalshi. The company …
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Sui network temporarily stalls again after Thursday’s outage
The Sui layer-1 blockchain experienced another disruption on Friday, causing a “network stall” that temporarily halted block production, before normal activity resumed, according to the Sui team. Network activity “may be paused,” the Sui team said. The network disruption lasted for over three hours and 30 minutes at the time of publication, according to the …
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Coinbase brings global crypto derivatives markets to US institutional clients
Coinbase Financial Markets has begun offering US institutional clients access to global crypto options and perpetual futures markets through a regulated futures commission merchant, including connectivity to Deribit’s crypto options platform. Coinbase said the launch follows guidance from the Commodity Futures Trading Commission (CFTC) that allows a regulated futures commission merchant to connect US clients …
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JPMorgan Chase Customer Loses $35,000 To Scammers Impersonating Bank’s Fraud Department and the FBI
A JPMorgan Chase customer has been swindled out of over $35,000 by scammers posing as the bank’s anti-fraud officials and the FBI. Illinois resident Jennifer Lichthardt says she feels violated after criminals used a spoofing scheme to convince her to transfer $35,000 to a Chase account controlled by the scammers, reports ABC 7 Chicago. It …
Bitcoin plums new six-week lows as analyst eyes BTC price dip ‘end’ at $72K
Bitcoin (BTC) deepened six-week lows at Friday’s Wall Street open as US stock markets diverged to all-time highs. Key points: Bitcoin sinks closer to $72,000 as analysis eyes “crucial” BTC price levels. US-Iran ceasefire talks send stocks to even higher records as the crypto divergence continues. Bitcoin’s 100-day moving average gains significance as a battleground …
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Ex-Celsius CEO files motion to vacate sentence after lawyers withdraw
Alex Mashinsky, the former CEO of defunct cryptocurrency lending platform Celsius, has filed a motion in a New York court to vacate his 12-year sentence for fraud and market manipulation. In a Tuesday filing in the US District Court for the Southern District of New York, Mashinsky filed a motion to vacate his 144-month sentence, …
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Ethereum analysts say ‘downside pressure’ remains as $1.8K becomes key
Market analysts say Ether (ETH) still faces “downside pressure” that could trigger another ETH price sell-off as traders shift their focus to support at $1,800. Key takeaways: Ether faces downside pressure as elevated leverage and positive funding rates amid falling prices signal fragile market conditions. Analysts say ETH must hold the $1,800-$1,750 support zone to …
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CFTC Takes Historic Step to Approve First True US Bitcoin Perpetual
Key Takeaways Historic CFTC approval opens the door for regulated bitcoin perpetual trading. Offshore-dominated crypto derivatives markets now have a U.S. regulatory pathway. Additional products could follow as exchanges test the CFTC’s review process. CFTC Opens Historic Path for Bitcoin Perpetuals The Commodity Futures Trading Commission (CFTC) announced on May 29, 2026, a historic step …
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Dormant Holders Unleash $7.6B in Bitcoin Aged 5 to 15 Years Across 2026
Key Takeaways 295.63 BTC worth $21M moved Thursday from wallets dormant since 2014–2015, adding sell pressure below $74,000. On Friday, an additional 370 BTC moved from so-called sleeping bitcoin addresses. Checkonchain.com data shows 103,913.94 BTC worth $7.6B has left long-dormant addresses in 2026 alone. The trend of early bitcoin holders returning coins to circulation shows …
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SEC Grants Paxos Historic Approval to Clear and Settle US Equities on Blockchain
Key Takeaways The SEC has approved Paxos Securities Settlement Company to operate as a registered clearing agency. The regulatory milestone enables Paxos to deliver same-day T+0 settlement for U.S. equities. Following a 7-year effort, legacy infrastructure providers like the DTCC now face direct blockchain competition. SEC Opens Wall Street Plumbing For Blockchain Technology The landmark …
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Wall Street Embraces Binance as Vaneck Launches First US Spot BNB ETF
Key Takeaways Vaneck’s VBNB fund debuted on the Nasdaq on May 28 with $1.02 million in initial net assets. Anchorage Digital Bank provides custody for the BNB tokens as Wall Street expands its ETF lineup. With VBNB now live, Vaneck may push to activate built-in staking yields in the near future. Institutional Capital Flows Toward …
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Maryland Man Masterminds $1,500,000 Bank Fraud Scheme, Trains Team To Memorize Identities and Open Fake Accounts
The leader of a multi-state fraud conspiracy that caused victims over $1.5 million in losses may spend up to 30 years in prison without the possibility of parole. The U.S. Attorney’s Office for the Eastern District of Michigan says Nazaly Mason, who is originally from Maryland, was convicted of conspiracy to commit bank fraud after pleading …
Why is Stellar’s XLM up by over 50% this week?
Stellar’s native token, XLM, has rallied more than 50% this week, outperforming the broader crypto market, which has declined by nearly 5% in the same period. Key takeaways: US financial giant DTCC announced it would integrate its tokenized securities platform with the Stellar Network. XLM rallied by over 50% after the announcement, but risks a …
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NYSE parent ICE pushes ‘level playing field’ for 24/7 onchain perps
Intercontinental Exchange, the parent company of the New York Stock Exchange (NYSE), is urging regulators to allow regulated exchanges to offer 24/7 onchain perpetual futures trading, according to ICE CEO Jeffrey Sprecher. Speaking at a Bernstein conference on Wednesday, Sprecher said that he was urging regulators to create a “level playing field” for launching 24/7 …
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