Author: WebDesk

All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders. Crypto.com has received a UAE license tied to Dubai’s planned crypto-based government payment system. The exchange says it is currently the only VASP in the Emirates approved to handle these transactions. Crypto.com has secured a new license in the United Arab Emirates, giving it a formal role in Dubai’s effort to bring crypto payments into government services. The exchange said the approval makes it the only virtual asset service provider in the Emirates currently licensed for this specific payment channel. That is a narrow claim,…

Key TakeawaysGarrett Jin deposited all 577,896 ETH ($1.35B) into Binance over 4 days ending May 11, 2026.Jin acquired the ETH by swapping BTC at $4,591 per ETH; the position has since lost about 49%.The Bitforex founder still holds roughly 9,343 BTC worth $757M despite the ETH drawdown. A $1.35 Billion ETH Offload and a Costly Trade A wallet attributed to Garrett Jin completed the transfer of its entire ether ( ETH) holdings to Binance on Sunday. The final batch was 225,627 ETH, worth approximately $528.19 million at current prices, bringing the total deposit over four days to 577,896 ETH, or…

Polygon’s native asset, POL (previously MATIC), has completed one of the most significant infrastructure overhauls in Layer-2 history — yet its price tells a very different story. The migration from MATIC to POL officially happened on September 4, 2024, and by early 2025, 99% of MATIC on the Polygon network had successfully migrated to POL, with every transaction on Polygon PoS now fueled by the new token. The upgrade was widely celebrated as a technical triumph. The market, however, has not celebrated alongside it. The Migration: What Changed and Why It MatteredPost-upgrade, POL replaced MATIC as the primary token for gas…

After more than three years of development, broken deadlines, and community patience, FLOKI’s flagship blockchain game Valhalla is live on mainnet. It marks the most significant milestone in the project’s history — a genuine attempt to graduate from meme coin to functioning gaming ecosystem. But while the builders have been busy, the price chart tells a more complicated story. Here is what the verified data shows and why the gap between ecosystem progress and market price is the defining question for FLOKI right now.Where FLOKI Stands TodayFLOKI is a multi-chain utility token that powers a broad ecosystem covering decentralized gaming,…

Sui (SUI) is experiencing quite a price rally today, topping the charts in the 24-hour time frame. According to CoinGecko data, SUI’s price has risen by 19.2% in the last 24 hours, 36% in the last week, 34.5% in the 14-day charts, and 37.3% over the previous month. Let’s discuss what’s pushing SUI’s price today, and if it is safe to invest in the cryptocurrency.Source: CoinGeckoWhy Is SUI Experiencing A Price Rally?Source: Binance AcademySui’s (SUI) latest price surge comes after a recent announcement from Mysten Labs co-founder Adeniyi Abiodun that the project is launching confidential transactions on SUI. Abiodun stated…

Binance has expanded access to its Institutional Loan product to all KYB-verified VIP clients while introducing higher leverage limits, fixed-rate borrowing terms, and a new interest rebate program tied to trading activity. Summary Binance has opened Institutional Loan access to all KYB-verified VIP clients after previously limiting the product to VIP 5 users. Eligible borrowers can now access up to 5x leverage along with fixed-rate loan terms lasting up to 90 days. According to a May 11 press release, Binance said the update removes the earlier VIP 5 requirement, allowing all KYB-verified VIP users to access the institutional borrowing product.…

The crypto market started the week under pressure as total market cap slipped to nearly $2.69 trillion while Bitcoin struggled to reclaim the key $82,000 resistance level after failing to break above it last week. Now, traders are preparing for one of the biggest macro weeks of 2026 as key U.S. economic events lined up for this week which will impact the crypto market. Monday: Kevin Warsh Takes Over as Fed ChairMarkets are closely watching Monday as Kevin Warsh officially replaces Jerome Powell after Powell’s term ends this Friday.Warsh is widely viewed as more market-friendly compared to Powell, and some crypto…

Bitcoin ETFs saw an inflow of $623 million in the last week. This inflow marks six straight weeks of strong investor demand. Ethereum, XRP and SOL also saw inflows after previous week’s (April 27 to May 1) outflows. Rising ETF inflows and steady price gains indicate that there is growing confidence in the broader crypto market. In the first week of May 2026, the cryptocurrencies have seen a huge interest from investors through spot exchange-traded funds (ETFs). These ETFs let people buy crypto without having to deal with wallets or exchanges. Last week, from May 4 to May 8, 2026,…

Shiba Inu has gained 1,108 new investors this month for the first time ever in a year. The number of holders has reached $1.58 million, according to the latest data from Etherscan. This is the first time SHIB has seen an increase in holders reaching four digits since February 2025. The number of new investors had fallen below the 100 level as SHIB remained stagnant in the charts.The breath of fresh air comes after Shiba Inu spiked more than 3% on Sunday. It has remained on the front foot since April as prices surged close to 10%. This is only…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Michael Saylor defended Strategy’s Bitcoin-backed credit model after critics argued that the company’s STRC dividend structure resembled a Ponzi scheme, saying the business is built around monetizing Bitcoin capital gains rather than relying on perpetual equity issuance. Speaking in an interview shared via X on May 9, Saylor addressed the market reaction to Strategy’s recent earnings call, where the company said it was prepared to sell Bitcoin, if needed, to fund dividends on its STRC preferred instrument. The remark drew attention because Saylor has long been associated…