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Russia’s Moscow Exchange to Launch SOL, XRP, Tron and BNB Crypto Indexes on May 13

Coins Legend May 5, 2026 0

Russia’s Moscow Exchange (Moex) will begin publishing four new cryptocurrency indexes for solana ( SOL), XRP, tron ( TRX), and BNB starting May 13, expanding its regulated crypto benchmark suite beyond bitcoin and ether for the first time. Key Takeaways: Russia’s Moscow Exchange will launch

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Hut 8 Taps Falconx for $200M Facility, Drops Rate to 7% and Boosts BTC Access

Coins Legend May 5, 2026 0

Hut 8 Corp. has entered into a $200 million, 364-day bitcoin-backed credit facility with Falconx, replacing its previous arrangement with Coinbase Credit. Key Takeaways: Hut 8 secured a $200 million credit facility with Falconx at 7.0%, replacing its prior Coinbase agreement. The deal unencumbered 3,300 bitcoin worth $260 million on May 1, 2026, signaling lower […]

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Bitcoin Breaks $81,000 Behind ETF Inflows, Iran De-escalation and a Short Squeeze

Coins Legend May 5, 2026 0

Bitcoin climbed above $81,000 on Tuesday for the first time since January, powered by $2.44 billion in April ETF inflows, geopolitical relief following the U.S.-Iran de-escalation, and a short squeeze that sent leveraged bears scrambling for the exits. Key Takeaways: Bitcoin hit $81,000 on May 5, 2026, its highest price since January, as multiple catalysts […]

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From Rebels to Banks: Why the Crypto Industry Is Finally Embracing Legacy Finance

Coins Legend May 5, 2026 0

Spencer Bogart, general partner at Blockchain Capital, noted that while years ago fintech companies aimed to be bank-like but not banks, this trend has now reversed, with over 20 companies pursuing Office of the Comptroller of the Currency (OCC) charters in 2026. Key Takeaways: Blockchain Capital’s Spencer Bogart notes over 20 crypto firms now seek […]

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UAE’s Innovation City Launches Blockchain-Based IDs, Pushing Firms to Instant Checks

Coins Legend May 5, 2026 0

Innovation City, an AI-powered free zone in Ras Al Khaimah, has launched a blockchain-based digital business identity system to replace traditional and static business licenses with “living,” cryptographically verifiable assets on the OPN chain. Key Takeaways: Innovation City launched an onchain identity system on May 4 to replace static PDF business licenses. IOPn’s OPN

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Prediction Market Traders Push April 2026 Volume to $8.6B, Kalshi Takes the Lead

Coins Legend May 5, 2026 0

The prediction market sector posted $8.6 billion in taker volume during April 2026, with Kalshi overtaking Polymarket to claim the top spot, according to onchain data tracked by Dune Analytics. Key Takeaways: Kalshi posted $5.42B in April 2026 taker volume, surpassing Polymarket’s $1.99B for the first time. Polymarket collected $29.22M in April fees despite trailing […]

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Haun Ventures Unveils $1 Billion Fund to Build the Next Financial System

Coins Legend May 5, 2026 0

The new fund will focus on supporting initiatives targeting innovation in three key areas: services for the new financial infrastructure, including crypto and other technologies; new assets and markets, including tokenization and on-chain digitization; and the agentic economy. Key Takeaways: Haun Ventures launched a $1 billion fund to back startups building the

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Securitize Gets FINRA Approval to Broaden Tokenized Securities Operations

Coins Legend May 5, 2026 0

Securitize Markets received expanded FINRA approval to custody, settle, underwrite, and distribute tokenized securities. The decision lets the broker-dealer support on-chain settlement against stablecoins while expanding its role in digital securities offerings. Key Takeaways: Securitize Markets received expanded FINRA permissions for tokenized securities custody,

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Yen Carry Trade on Steroids? Strategist Flags Bitcoin-Linked STRC Yields

Coins Legend May 5, 2026 0

Wall Street may be underestimating a bitcoin-linked carry trade resembling the yen carry trade as capital shifts from Fed funds to higher-yield income products. Strategy’s STRC shows an 11.52% effective yield, underscoring the widening spread attracting institutional focus. Key Takeaways: Comparison to the yen carry trade signals potential for large-scale capital

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Uphold Rejects New York Claims After $5M Customer Repayment Deal

Coins Legend May 5, 2026 0

Uphold rejected New York’s CredEarn settlement claims, saying the regulator misrepresented its role in Cred LLC’s collapse. The company agreed to more than $5 million in customer repayment while denying knowledge of alleged fraud or any intent to mislead customers. Key Takeaways: Uphold disputed New York’s claims and denied knowingly promoting Cred’s alleged misconduct.