Futu's subsidiary, Leopard Trading, and Dingdian Finance have successfully completed a transfer test of the Hong Kong dollar stablecoin 'HKDAP' on the Ethereum mainnet. According to Foresight News, the test involved converting fiat Hong Kong dollars into reserve assets, with Standard Chartered Bank ensuring full backing for all HKDAP transfers. Following the test, all HKDAP were fully redeemed. The two companies plan to continue their collaboration, aiming to launch HKDAP in phases by the end of the second quarter of 2023.

Conviction buyers currently hold nearly 4 million BTC, marking a 300% increase since the end of 2025. According to Foresight News, this represents the largest accumulation over two quarters since the COVID-19 pandemic crash.

Binance Co-CEO Richard Teng said the company has undergone a drastic transformation since he joined in August 2021, pivoting from a crypto-native exchange to a global, multi-jurisdiction financial infrastructure platform — without losing the cultural traits that built it. Speaking at Binance Online on May 13, Teng said the leadership's most important ongoing decision is preserving what he called Binance's foundational DNA. "The important, conscientious decision that Binance leadership management make on a day-to-day basis is to maintain the DNA of Binance, which is extremely important — keeping Binance user-focused, user-first, being very hardcore, being very collaborative. Those are the unique DNAs that continue to make us successful." Beyond culture, Teng pointed to a structural shift in how the company operates. "If you look at the talent density, we have transformed. If you look at the organization structure, we have transformed drastically," he said. "We have pivoted very strongly to become a global infrastructure. We have pivoted very strongly to be the most regulated exchange globally." He said the pivot required new categories of talent across functions traditionally absent in crypto-native firms. "We need many more talents across TradFi, regulator functions, control functions, and of course all of our front office functions, from marketing to business development." For Teng, the result is a company that has scaled across asset classes and jurisdictions while protecting what made it work in the first place. "It's very exciting to see the company continue to keep its core DNA and strength, while at the same time being able to pivot and become something that continues to grow multi-jurisdiction, multi-asset class."

Aave founder Stani Kulechov has called on U.S. lawmakers to pass the CLARITY Act, emphasizing its importance ahead of a Senate Banking Committee vote. According to NS3.AI, Kulechov believes the bill could be a pivotal moment for decentralized finance (DeFi), providing developers with enhanced protections and greater confidence to innovate within the United States.

Only three companies worldwide can produce HBM4, and one of them will be shut down for 18 days. Micron, as the only supplier with a factory in the United States, will be the biggest beneficiary.

On May 11, Google's Threat Intelligence team (GTIG) released a quarterly threat intelligence report that documented something that had never happened before.

eBay has firmly rejected GameStop’s ambitious $55.5 billion to acquire the company, dimissing the offer as "neither credible nor attractive" and reigniting intense debate over whether GameStop's growing Bitcoin strategy can realistically sustain itself.

Meta Platforms is offering rival AI chatbots one month of free access to WhatsApp in Europe to address antitrust concerns raised by the European Commission. The move aims to avoid a potential fine of up to 10% of its global revenue while both sides try to reach a quick agreement.

In April 2026, a Hong Kong stock announcement by Newfire Group brought Huobi founder Li Lin back into the market spotlight.

Shai-Hulud is a significant cybersecurity threat targeting the open-source software supply chain. It is a self-propagating npm malicious worm that infects the open-source ecosystem.

Japan Blockchain Foundation plans to launch a yen-backed stablecoin called EJPY on Japan Open Chain and Ethereum for business payments, remittances and digital asset settlements. The project uses a trust-based structure without Japan’s 1 million yen transfer cap, as more Japanese firms and banks push into stablecoins.

The index is still rising, but making money is increasingly reliant on a few leading sectors. So the real danger is not missing out, but maintaining the position habits used when the market was at a low point.

Wall Street, JPMorgan Chase, the $13 trillion buyback market is being quietly rewritten by blockchain. Golden Finance reports that a blockchain revolution is unfolding in key areas beyond the public eye.

Christopher Delgado has publicly apologized to investors after US prosecutors accused him of orchestrating a massive $328 million crypto Ponzi scheme that allegedly drained the savings of ordinary Americans while funding luxury properties, lavish events and extravagant lifestyles.