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FDIC Study Links Digital Assets to Fastest Bank Runs in US History

Coins Legend May 23, 2026 0

An FDIC report on three failed banks stated that depositors tied to the digital asset sector and active escrow accounts were more likely to move funds during the fastest bank runs in U.S. history. The study said Signature Bank’s active escrow deposits fell 88%. Digital Asset Depositors Moved

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Bitcoin Falls Below $76K as $209M in Long Liquidations Hammer Traders

Coins Legend May 23, 2026 0

Bitcoin retreated Friday evening, falling to $75,120 per coin and marking a 2.8% decline over the course of the day. The daily decline added another bruise to what has already been a fairly miserable seven-day stretch, pushing weekly losses to roughly 5%. Bitcoin Loses Ground The $80,000 range once again appears increasingly distant, with bitcoin […]

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Ghana Rolls Out 2025 Crypto Law as Regulators Target Fraud and AML Risks

Coins Legend May 23, 2026 0

Ghana has introduced a new legal framework via the Virtual Asset Service Providers Act of 2025 to regulate its rapidly growing cryptocurrency market. Rising Crypto Adoption and Systemic Risks Ghana has rolled out a legal framework to regulate virtual assets as cryptocurrency adoption accelerates across the economy, according to the country’s 2025 Financial Stability

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Trader Banks $7.5M in Four Days on ZEC and HYPE Longs, Now Opens $38.6M ETH Position at 25x Leverage

Coins Legend May 23, 2026 0

A Hyperliquid trader known as ‘Evaded’ has booked over $7.5 million in profit from two positions in less than four days, most recently rolling back into the market with a $38.63 million ether long carrying 25x leverage. ZEC and HYPE Gains Turn Into a $38.6M Leveraged ETH Gamble On May 22, a high-conviction trader (called […]

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Kevin Warsh Takes Fed Chair Oath as FOMC Gives Unanimous Backing

Coins Legend May 23, 2026 0

Kevin Warsh took the Federal Reserve oath after Senate confirmation, succeeding Jerome Powell as chair. The FOMC also selected Warsh to lead the Fed’s monetary policy committee. Warsh Takes Fed Oath After Powell Transition Kevin Warsh took the oath of office as chairman and a member of the Federal Reserve Board on May 22, completing […]

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XRP Whales are Accumulating SurgeXRP’s Token as the XRPL Real Estate Marketplace Fills 10% Of Softcap in Hours

Coins Legend May 22, 2026 0

As the XRP ecosystem rapidly expands into real-world asset ( RWA) tokenization, one project is beginning to attract growing attention across XRPL communities: SurgeXRP. The XRPL-native platform, focused on bringing rental real estate on-chain, has seen strong early participation around its ongoing $SGP token presale as XRP holders position for what many believe could

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Canary Leads XRP ETF Gains as Bitcoin ETFs Lose $101M

Coins Legend May 22, 2026 0

Crypto ETF markets remained under sustained pressure on Thursday as bitcoin funds extended their losing streak to five straight sessions and ether ETFs marked a ninth consecutive day of outflows. XRP and solana products, however, continued to attract fresh capital, reinforcing a growing split in investor appetite. XRP ETFs Add $8.8M as Bitcoin and Ether […]

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Bitcoin Erases $77K Level as Bears Eye Negative May Close

Coins Legend May 22, 2026 0

Bitcoin was on course to close the five-day workweek on the losing side after it slipped below $77,000 just before midday Friday. Crypto Market Cap Shrinks as Monthly Losses Loom Bitcoin was on course to close the five-day workweek on the losing side after it slipped below $77,000 just before midday Friday. According to data […]

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House Oversight Committee Launches Probe into Polymarket and Kalshi Over Insider Trading

Coins Legend May 22, 2026 0

Rep. James Comer, Chairman of the House Committee on Oversight and Government Reform, sent letters to Polymarket and Kalshi to ascertain the measures these platforms are taking to curb these practices. Comer referred to the prediction markets ecosystem as the “Wild West.” Rep. James Comer Launches Probe On Insider Trading Happening On Prediction Markets Kentucky […]

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Polymarket Suffers $700K Breach After Internal Admin Wallet is Compromised

Coins Legend May 22, 2026 0

Blockchain investigator ZachXBT first pointed to a possible hack, indicating that $520K were drained so far. Polymarket acknowledged the security event and stressed that it was taking action after the compromise of an alleged private key, explaining that user funds were safe. Polymarket Faces Security Event: No User Funds Affected Polymarket, one of the largest […]