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The Latest Breaking News from Crypto

Korean funeral services company lost $33 million of its customers' money over a bad crypto bet — firm was secretly investing client funds into leveraged crypto ETFs

Bumo Sarang, a funeral services company in Korea, lost $33 million after it invested $40 million of its own customers' money into a leveraged crypto ETF. These funds were meant for prepaid funeral services, but the company exploited loopholes to siphon them into creative investments. Unfortunately, almost half of the…

Tom’s Hardware

HTX Releases April Performance Report: Futures Trading Volume Nears $100 Billion, HTX Earn Strengthens Its Position as a "Gateway to Stable Yields" and Growth Across Business Lines Fuels Ecosystem Expansion

PANAMA CITY, May 21, 2026 /PRNewswire/ -- In April 2026, the crypto market completed a key sentiment recovery. Institutional capital continued flowing in, while sectors such as AI, DeFi, and GameFi rotated upward, and the overall market structure began shifting toward a "selective recovery." Against this backdrop, HTX achieved strong…

AAP

Bitcoin rebounds toward $78,000 on strong Nvidia earnings, steady accumulation

Bitcoin surged nearly 1.5% to around $77,934, buoyed by strong Nvidia earnings and steady buyer accumulation, despite ongoing ETF outflows. Ethereum also saw gains, with major altcoins like BNB and Solana rallying significantly. Experts suggest this rebound indicates resilience and selective strength in the crypto market, with institutional interest remaining…

The Economic Times

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US Stock Market: Fed weighs new payment account framework amid crypto push

The Federal Reserve proposed a new payment account category for fintech and crypto firms, offering limited access to central bank payment infrastructure. This move aims to reduce transaction costs and improve efficiency, though it faces opposition from traditional banks concerned about risks. The proposal signals a shift in financial access,…

The Economic Times

Ex-FBI Agent Believes Missing Nancy Guthrie Was Targeted in Crypto Wrench Attack

Former FBI agent Jennifer Coffindaffer says missing Arizona pensioner Nancy Guthrie may have been targeted by a 'wrench ring' crypto extortion gang, though investigators testing DNA and reviewing thousands of videos stress the case remains active and unproven.

International Business Times UK

Trump Orders Federal Reserve Review Of Crypto Access To US Payment Rails

The directive requires U.S. financial regulators to evaluate barriers restricting crypto and fintech firms from direct participation in central payment infrastructure.

International Business Times

HashKey Capital Fund Announces $40M Strategic Investment in SignalPlus

HONG KONG, May 21, 2026 /PRNewswire/ -- HashKey Holdings Limited ("HashKey" or the "Company", Stock Code: 3887.HK), a leading comprehensive digital asset company in Asia, announced today that a fund managed by HashKey Capital, its asset management arm, has completed a $40 million USD investment in SignalPlus, a crypto asset…

AAP

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Who is Gabbie Gonzalez? Influencer Arrested After Conspiring with Her Father for Allegedly Plotting to Kill Her Baby Daddy

Gabriela Gonzalez and her father are accused in an alleged murder-for-hire plot tied to a custody dispute, with investigators citing crypto payments, coded messages, and an FBI sting operation.

International Business Times UK

Parliamentary panel expresses concern over investments in cryptocurrencies

A parliamentary panel has expressed alarm over thousands of crores invested in virtual digital assets. The committee is studying global approaches to regulation. They advocate for continuing taxes on all such digital transactions. This move aims to ensure revenue stays within India. The panel will make recommendations after further deliberations.

The Economic Times

EDGE Markets Partners with zerohash to Enable Compliant Crypto Funding for EDGE Boost Accounts

NEW YORK, May 20, 2026 /PRNewswire/ -- EDGE Boost by EDGE Markets, a first-of-its-kind banking solution designed to support gaming, event futures and derivative markets in the U.S., announced today a partnership with zerohash to enable secure and compliant crypto-to-USD movement capabilities for users in all 50 states1. Through the…

AAP

The Secret Crypto Boom Wall Street Is Completely Ignoring

This week's Visionary Voices continues our conversation with Eric Annan, founder of AYAHQ, on why real crypto utility isn't being built in New York or Singapore. It's being built in Accra, Nairobi, and Lagos.

International Business Times

BingX Unveils "Infinite Vision" on 8th Anniversary, Accelerating Multi-Asset Expansion

PANAMA CITY, May 20, 2026 /PRNewswire/ -- BingX, a leading cryptocurrency exchange and Web3-AI company, today marked its 8th anniversary with the unveiling of its "Infinite Vision", a long-term strategy that reflects the company's evolution from a crypto exchange into an AI-native, multi-asset trading platform. It also embodies BingX's ambition…

AAP

Bitget Launches “Gold Fast or Go Home Challenge” for Gold CFD Trading

VICTORIA, Seychelles, May 20, 2026 (GLOBE NEWSWIRE) -- Bitget, the world’s largest Universal Exchange (UEX), has launched the “Gold Fast or Go Home Challenge,” a global campaign built around faster access to gold CFD trading on the Bitget app. The campaign follows Bitget’s recent product update that moved TradFi products,…

AAP

Variational raises $50 million Series A to bring liquidity from traditional markets to blockchain rails

The startup is seeking to set itself apart from Hyperliquid by sourcing liquidity from traditional providers.

Fortune

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AAP

KuCoin Launches Integrated Earn-and-Loan Product for Enhanced Crypto Asset Efficiency

PROVIDENCIALES, Turks and Caicos Islands, May 20, 2026 /PRNewswire/ -- KuCoin, a leading global crypto platform built on trust, today announced the launch of KuCoin Crypto Loan, its first integrated Earn-and-Loan product designed to enhance crypto asset efficiency by allowing eligible pledged assets to continue generating Hold to Earn yield…

AAP

MEXC Reports Sharp Surge in TradFi Futures Trading Volume in April, Led by 1,600% Jump in INTC

VICTORIA, Seychelles, May 20, 2026 /PRNewswire/ -- Data from MEXC, a pioneer in 0-fee digital asset trading, shows that TradFi futures trading volume on the platform surged sharply in April. Among all sectors, AI semiconductor-related assets recorded the strongest month-over-month growth, with some exceeding 1,600%. This closely mirrored the rally…

inkl

Crypto OTC Trading, How It Works, and Benefits

When somebody’s trying to buy several million dollars’ worth of crypto on a public exchange, this trade shakes the whole market, moving its prices against the buyer. The fact is that large crypto trades don’t behave well when performed on a public exchange. With the purpose of exchanging a truly…

The Economic Times

Bitcoin consolidates near $77,000 while US credit downgrade and $648 million ETF outflows weigh on sentiment

Bitcoin hovered around $77,000 amid global economic jitters and significant ETF outflows, totaling $648 million. This pullback, influenced by a US credit rating downgrade and geopolitical tensions, has seen major cryptocurrencies like Ethereum and altcoins experience declines. Markets now await the FOMC minutes for a potential catalyst.

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International Business Times

House Lawmakers From Both Parties Finalize Crypto Tax Bill As Congress Expands Digital Asset Push

Congressional lawmakers have finalized a bipartisan proposal aimed at clarifying how cryptocurrencies are taxed in the United States.

MarketBeat

HIVE Weaponizes Power for an AI Pivot

HIVE Digital Technologies is leveraging its significant power infrastructure to pivot from crypto mining into a high-margin sovereign AI data center provider.

AAP

Bybit USD1 Carnival Expands Rewards Streaks For Traders and Holders

DUBAI, UAE, May 19, 2026 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, has unveiled new perks from the ongoing Bybit USD1 Carnival with an exclusive USD1 Hold & Earn event starting from May 19, 2026. Starting in May, a new WLFI prize pool will be distributed…

International Business Times UK

Is Punch the Monkey in Danger? Crypto Influencers Arrested in Japan After Storming Enclosure of Viral Japanese Macaque

Two US tourists in costume leapt into a Japanese zoo enclosure, terrifying a troop of macaques made famous online and prompting new security measures, although staff said the animals were not harmed.

Tom’s Hardware

Physical attacks against crypto holders, including kidnap and assault, up 75% in 2025 — 72 confirmed incidents see $41 million lost, real number likely higher

Large cryptocurrency holders are increasingly being targeted by criminals as large wallets are traced back to their owners. Because of this, many firms and individuals are now investing in physical security and bodyguards, with some having details that rival those of high-level executives working at major banks.

Dot Esports

Best North Carolina Betting Sites in 2026 – Top 15 Sportsbooks

Online gambling in the Tar Heel State has finally caught up with the state’s sports obsession – but if you want the best odds, bigger bonuses, and fewer limitations, international bookies still run circles around local options.

AAP

BingX Becomes First Exchange to Offer OpenAI Pre-IPO Airdrop

PANAMA CITY, May 19, 2026 /PRNewswire/ -- BingX, a leading cryptocurrency exchange and Web3-AI company, today launched OpenAI pre-IPO airdrop campaign on its platform, expanding user access to private-market exposure tied to one of the world's most prominent artificial intelligence companies. The campaign marks BingX as the first exchange to…

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