Analysis Archive – Page 178

BNY Mellon Expands Crypto Custody Services in Abu Dhabi
BNY Mellon, the world's largest custody bank with $52T under custody, is expanding crypto services in Abu Dhabi as the UAE pushes deeper into digital assets.

Aave Liquidates KelpDAO Hacker's rsETH and Recovers 90% of Bad Debt
Aave liquidated the KelpDAO attacker's rsETH positions on Ethereum and Arbitrum, leaving the protocol about 10% short of clearing the bad debt.

XRP Ledger Pilots Bank Rail Link With Ondo, JPMorgan, and Mastercard
Ripple, Ondo Finance, JPMorgan's Kinexys, and Mastercard are testing a pilot that links the XRP Ledger to traditional bank settlement rails.

Bitcoin Pushes Toward $82K as Oil Slides 6% on Iran Peace Talks
Bitcoin trades near $81,732 on May 6 as oil drops 6% and the dollar sinks on reports the US and Iran are nearing a one-page memo to end the war.

Tokenized US Treasuries on Ethereum Hit Record $8B Market Cap
Tokenized US Treasuries on Ethereum reached an ~$8B all-time high on May 6, 2026, even as ETH spot price drifted lower. Here is what is driving the flow.

Zcash Hits $525 YTD High as Privacy Coins Stage 23% Rally
Zcash (ZEC) printed a fresh 2026 high of $525 after a 23.2% single-day move, leading a privacy coin rally as Bitcoin idles near $81,400.

Saylor Floats Selling Bitcoin to Fund Strategy's Dividend Obligations
Michael Saylor said Strategy may sell some of its 818,334 BTC to fund dividend payments, the first crack in the company's never-sell stance.

Drift Outlines Recovery Plan for Users After $295M DPRK-Linked Exploit
Solana perpetuals exchange Drift published a recovery plan for users after a $295M exploit that on-chain investigators have linked to North Korean actors.

SoFi Launches SoFiUSD Stablecoin on Solana for Payments
SoFi is launching SoFiUSD on Solana, citing low cost and fast settlement. The bank-chartered fintech now joins a growing list of US issuers.

Morgan Stanley Plans Spot Crypto Trading on Wealth Platform This Year
Morgan Stanley will roll out spot crypto trading on its wealth management platform later in 2026, alongside tokenized assets and ETF integration.
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