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Kraken re-enters the UAE with preliminary license from VARA Dubai
Payward, a unified financial infrastructure platform and the parent company of Kraken, has received an in-principle approval for a license through Dubai’s Virtual Asset Regulatory Authority for a crypto broker service, investment, and management offering. This comes years after Kraken closed its office in the UAE after receiving its license from ADGM. As per the...Cryptopolitan
Fri, May 22
Attackers drain more than $520,000 from Polymarket contract
A Polymarket security incident drained more than $520,000 in collateral from the platform’s UMA CTF Adapter contract on Polygon on May 22, 2026. On-chain investigator ZachXBT flagged the incident in a community alert and pointed to a compromised deployer address as the likely entry point for the attack. The drain played out across a short...Cryptopolitan
Fri, May 22
Bitcoin Weekly Forecast: The return of the sellers
Bitcoin (BTC) remains under pressure so far this week, consolidating around $77,000 on Friday after being rejected from the overhead supply zone the previous week. The institutional sell-off continues, with spot BTC Exchange-Traded funds (ETFs) recording billions in outflows.
Fxstreet
Fri, May 22
Crypto PAC Blockchain Leadership Fund Endorses 10 Candidates For 2026 Elections
Ken Paxton is getting half a million dollars from a crypto-backed political committee. The Fellowship PAC, an $11 million fund supported by Cantor Fitzgerald and Anchorage Digital, disclosed to the Federal Election Commission that it plans to spend $500,000 backing the Texas attorney general in his ...Bitcoinist
Fri, May 22
WSJ Says Iran Moved Billions Through Binance — CEO Richard Teng Fires Back
The Wall Street Journal published a report on May 22 alleging that a covert payments network linked to Iran moved approximately $850 million through Binance — the world’s largest cryptocurrency exchange — with activity continuing as recently as December 2025, as a military confrontation betwee...Bitcoinist
Fri, May 22
Celestia Price Forecast: TIA recovery gains traction as retail interest builds
Celestia (TIA) edges above $0.4400 at press time on Thursday, extending recovery for the third consecutive day so far this week. A surge in retail demand and social buzz backs the sudden rebound in price, which lacks a clear fundamental driver.Fxstreet
Fri, May 22
XRP Sees 4th-Largest Wallet Growth Spike Of 2026, Santiment Says
XRP registered one of its strongest network-growth bursts of the year, with Santiment reporting 4,300 new wallets created in 24 hours, the fourth-largest spike of 2026. The analytics firm said the move matters because “network growth is among the top leading signals to identify reversals,” placing t...NewsBTC
Fri, May 22
XRP Ledger Hits No. 4 In RWA Rankings In Less Than A Year
XRP Ledger has moved into fourth place on RWA.xyz’s network rankings, according to RippleX, marking a rapid climb for the blockchain in the tokenized real-world asset sector. The move puts XRPL behind Canton, Ethereum and Provenance by total distributed RWA value, while placing it ahead of BNB Chain...Bitcoinist
Fri, May 22
CLARITY Act Under Fire As Hayes Presses Trump To Shut It Down
Brian Armstrong’s role in the crypto regulation push became a flashpoint when BitMEX co-founder Arthur Hayes called out the Coinbase CEO by name during a recent interview. Hayes said Armstrong is acting in the best interest of his shareholders — not the wider crypto community. Related Reading:...Bitcoinist
Fri, May 22
Saylor Says Bitcoin Could Triple S&P 500 Returns: ‘We Expect 30%’
Michael Saylor is calling $60,000 Bitcoin’s floor. The Strategy co-founder made the claim during a Thursday appearance on CNBC’s Squawk Box, saying the asset is now entering what he described as a “spring phase” — backed by solid support levels and a favorable broader market ...NewsBTC
Fri, May 22
Polymarket Sees Japan as Its Next Big Market
Polymarket is making a slow but deliberate move into one of the world’s most tightly controlled financial markets. According to Bloomberg, the prediction market platform is looking to enter the Japanese market with complete government approval by 2030 and has already appointed a representative in Japan. Mike Eidlin, who most recently served as Head of...Cryptopolitan
Fri, May 22
Pi Network Price Forecast: PI hesitates near key resistance amid CEX outflows
Pi Network (PI) holds steady above $0.1500 at press time on Friday as Centralized Exchanges (CEXs) record minor outflows over the last 24 hours. The technical outlook for PI is mildly bullish, with waning downside pressure while price wavers below a key resistance level at $0.1550.Fxstreet
Fri, May 22
Not Bitcoin: US Government Bets $2 Billion On Quantum Instead
The US government is reportedly investing in Quantum Computing, the technology that could end up acting as a possible threat to Bitcoin. US Commerce Department To Give $2 Billion To Quantum Computing Firms As reported by CNBC, the US government is set to award grants to nine companies operating in t...Bitcoinist
Fri, May 22
Three reasons why the Zcash upward trend could take a breather
Zcash (ZEC) price extends its correction, trading below $656 after a massive surge earlier this week. Weakening derivatives and on-chain data, alongside bearish divergences in momentum indicators, suggest the current rally may be overheating and vulnerable to a near-term cooldown or reversal.Fxstreet
Fri, May 22
New Bitcoin Lows? Analysts Say Chances Are ‘Extremely Slim’
Binance pool miner reserves slipped from 41,987 to 41,915 in May, a small but telling sign that selling pressure from miners has not fully stopped. Crypto analysts said that because Binance Pool controls a major share of global hash rate, its behavior tends to reflect how Bitcoin miners feel before ...NewsBTC
Fri, May 22
US Strategic Bitcoin Reserve Plan Takes Shape As The American Reserve Modernization Act Lands
Representative Nick Begich unveiled the American Reserve Modernization Act on Thursday, presenting the bill as a way for the United States to create a strategic Bitcoin (BTC) reserve and update how the federal government handles digital assets kept on the public balance sheet. The legislation would ...Bitcoinist
Fri, May 22
Hyperliquid Price Forecast: HYPE eyes the next big move on record high Open Interest
Hyperliquid (HYPE) edges lower at press time on Friday after a five-day rally, which hit a record high of $62.58 on Thursday. Retail sentiment shows signs of extreme bullishness, with HYPE futures Open Interest (OI) and Real World Assets (RWAs) trading at all-time highs.Fxstreet
Fri, May 22
Tax Evasion Goes Digital: Criminals Shift To Novel Crypto Instruments – Analysts
An Italian police unit cracked a tax fraud case worth over a million dollars — and at the center of it was not a secret bank account or a shell company, but Bitcoin inscriptions. Related Reading: Crypto Gains State-Level Support As South Carolina Bans Federal CBDCs A New Way To Hide Old Money Italy&...Bitcoinist
Fri, May 22
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