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MEXC Confirms Strong Asset Backing in Hacken-Audited May 2026 Proof of Reserves Report

The May 2026 Proof of Reserves snapshot has been audited by Hacken, a globally recognized blockchain security firm, validating the Merkle Tree construction, wallet ownership, and reserve adequacy. MEXC consistently publishes a verifiable Proof of Reserves every month, setting a transparency standard for the industry and providing users with clear, verifiable asset information.　　Since its founding, MEXC has placed users at the core of its operations. The regular publication of Proof of Reserves reflects its ongoing commitment to transparency and user protection. In addition, MEXC is further strengthening its multi-layered asset protection framework through the Guardian Fund initiative. The fund is set to expand from $100 million to $500 million over the next two years and includes the acquisition of 1,000 Bitcoin, forming a dual-reserve structure composed of highly liquid USDT reserves and long-term Bitcoin holdings. This structure is designed to enhance liquidity readiness and structural resilience, reinforcing asset protection across all market conditions.　　To view the latest Proof of Reserves snapshot and audit report, please visit MEXCs Proof of Reserves page.　　About MEXC　　MEXC is the worlds fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to

05-14

BoE Considers Easing UK Stablecoin Caps After Industry Backlash

The central bank argued that limits were needed to avoid a sudden outflow of deposits from commercial banks into new forms of “tokenised” money if a large stablecoin were rapidly adopted for payments.　　Industry groups and prospective issuers countered that the caps were operationally cumbersome, hard to supervise across platforms, and could deter serious institutional use of regulated UK stablecoins in areas like corporate treasury, payroll and settlement.　　BoE rethinks stablecoin caps after pushback　　Breeden has been one of the most cautious voices on stablecoins within the BoE. In November 2025, she warned that diluting the rules too far could damage financial stability, stressing that stablecoins are money-like instruments that must be at least as safe and robust as existing payments infrastructure.　　At the time, she backed stringent liquidity requirements that would force stablecoin issuers to park large portions of their reserves at the central bank and hold the rest in high-quality liquid securities such as UK government bonds.　　Law firms and potential issuers argue that such a structure would significantly compress margins and make UK stablecoin issuance far less attractive than operating under the United States or European Union regimes.　　UK hunts for middle ground on stablecoins　　The shift in tone highlights how UK policymakers are

05-14

Ondas (ONDS) Stock Soars After Revenue Explodes Over 1,000% in Q1 2026

Ondas Holdings Inc., ONDS　　Sequentially, revenue climbed 66% from the fourth quarters $30.1 million figure. Gross profit for the period totaled $24.7 million, with margins expanding to 49% versus 42% recorded in Q4 2025, demonstrating improved operational efficiency.　　Perhaps the most compelling aspect of the quarterly report was the dramatic expansion in backlog. The companys pro forma backlog closed Q1 at $457 million, a substantial leap from the year-end 2025 figure of $68.3 million. This 570% surge stemmed from fresh orders combined with contributions from recently completed acquisitions, notably Mistral Inc. and World View Enterprises, both finalized in April 2026.　　M&A Strategy Fuels Expansion　　Ondas has pursued an ambitious acquisition strategy throughout recent months. The company integrated multiple entities during and immediately following the first quarter, including Rotron Aerospace, Mistral Inc., Bird Aero, Indo-Earth, and World View into its operational framework.　　The Mistral acquisition positioned Ondas as a prime contractor within a $982 million IDIQ contract with the U.S. Army focused on loitering munitions systems. Meanwhile, World View contributes stratospheric balloon technology for sustained intelligence, surveillance, reconnaissance, and communications capabilities.　　Additionally, the company established ONBERG, a joint venture with Heidelberger Druckmaschinen AG in which Ondas holds a 51% stake. This partnership creates a European-based manufacturing and

05-14

AARP Backs CLARITY Act Ahead of Senate Banking Markup

AARP, the nation‘s largest nonprofit, nonpartisan organization that advocates for 125 million Americans age 50 and older, expressed strong support for provisions in the CLARITY Act market structure legislation released ahead of the Senate Banking Committee’s May 14 markup. The group urged lawmakers to preserve Section 205, which would require kiosk operators to register with the Treasury Department as money transmitters while protecting state power to regulate the machines.　　In a letter dated May 13 from Bill Sweeney, AARPs senior vice president of government affairs, to Chairman Tim Scott and Ranking Member Elizabeth Warren, the group described Section 205 as a critical safeguard against kiosk fraud targeting older Americans. The letter urged lawmakers to preserve both the Treasury registration requirement and the provision protecting state regulatory authority as the bill advances through markup and beyond. AARP described kiosks as one of the fastest-growing fraud vectors affecting older Americans. The organization also thanked the committee for incorporating the language into the legislation released before the markup.　　AARP wrote:　　“We write to express our strong support for provisions in the market structure legislation released ahead of the Committees markup.”　　kiosks now operate in supermarkets, convenience stores, gas stations, bars, and restaurants nationwide. Scammers impersonating government officials,

05-14

Sports Illustrated Is Turning The World Cup Into A 48-Nation Art Project

Getty Images　　Every four years, the World Cup becomes one of sport‘s ultimate global spectacles — a cultural juggernaut, in fact, that draws more viewers than the Olympics. That scale sits at the heart of a new editorial experiment from ahead of this year’s tournament, which has expanded to 48 teams for what will be the largest World Cup ever when it kicks off June 11 in Mexico City.　　In what the magazine has called one of the most “ambitious” creative projects in its history, commissioned dozens of artists from around the world to create a unique cover for every participating nation this year. The magazines June issue will spotlight each of those countries and their teams via 48 illustrated digital covers, plus four print covers — all of which have been filtered through the lens of everything from ancient symbolism to national celebrations and folklore-inspired visuals.　　One such cover imagines the French national team performing inside a Moulin Rouge-style setting, while another depicts Mexicos players as contemporary warriors. For the American cover, star Christian Pulisic is placed at the center of a fireworks-lit celebration of fans.　　The World Cup, through the eyes of global artists　　Steve Cannella, s editor-in-chief, told Forbes that the magazine

05-14

Moodys Flags Tokenization Tipping Point as BoE Treats Stablecoins as Money, KDDI Takes 14.9% Coincheck Stake

Tech　　Moodys Flags Tokenization Tipping Point as BoE Treats Stablecoins as Money, KDDI Takes 14.9% Coincheck Stake　　The TRUMP token slipped roughly 5% in early Thursday trading after Trump Mobile confirmed that its long-delayed T1 handset will finally begin shipping next week, ending months of speculation over the politically branded device. The handset, which industry observers say closely resembles a re-skinned HTC U24 from 2024, undergoes final assembly in the United States despite originating overseas. As a Mobile Virtual Network Operator, Trump Mobile does not manufacture devices in-house, mirroring the approach Solana took with its Saga phone. With the altcoin now down nearly 90% from launch, traders appear to be treating the shipment update as routine merchandise news rather than a meaningful catalyst.　　Major US banks and financial market intermediaries view the transition to a digitized financial system as inevitable, with most expecting it to unfold slowly before reaching a tipping point that triggers rapid acceleration, credit rating agency Moodys said in a Tuesday report. Near-term tokenization activity will likely remain concentrated in simpler segments such as money market funds and short-term instruments running alongside legacy rails. Industry leaders consulted by the agency emphasized that broad asset tokenization will happen, with debate centering

05-14

How Is the World’s Largest Solana Treasury Firm Down $1B in SOL Crash?

Forward Industries is facing a large unrealized loss on its Solana treasury after building one of the biggest listed corporate SOL positions near much higher market prices.　　The company holds nearly 6.98 million SOL, acquired at an average cost of about $232 per token. With Solana trading near $91 in mid-May, the position is worth roughly $637 million, compared with a purchase cost near $1.59 billion. That leaves Forward Industries with an estimated paper loss close to $983 million.　　The loss remains unrealized because the company has not sold the full position. However, the lower market value has already affected reported financial results through digital asset impairment charges. of $585.6 million, with $560.2 million tied to digital asset markdowns.　　Source:　　Forward became the largest listed Solana-focused treasury after raising capital through a $1.65 billion private investment in public equity. The PIPE was backed by major crypto investors including Galaxy Digital, Jump Crypto and Multicoin Capital. The company used that financing to build a large Solana reserve during a period of stronger market sentiment.　　Solana Price Drop Drives Treasury Loss　　Forward‘s Solana treasury has been hit mainly by the decline in SOL’s market price. The company accumulated its holdings at an average level far above current trading

05-14

BitMEX Launches the Copy and Conquer Campaign Featuring a 50,000 USDT Prize Pool

BitMEX, one of the leading crypto derivatives exchanges, announced today the launch of the Copy and Conquer campaign. Users can copy or reverse copy other leading traders to win their share of a 50,000 USDT prize pool.　　Copy Trading was introduced on BitMEX for all traders in 2025, with a unique Reverse Copy feature – an advanced function where traders can take the opposite direction of another trader. Copy trading of top Hyperliquid traders is also available, providing users with advanced profit opportunities in the safety of the BitMEX platform.　　The Copy and Conquer campaign will run from 14 May 2026 at 12:00 PM (UTC) to 14 June 2026 at 11:59 AM (UTC). Users can participate at any time during the campaign period.　　Rewards will be distributed across 2 categories:　　● For New Users: First-time copy traders can claim up to $50 in loss protection when they copy their first Copy Leader. Additionally, first-time reverse copy traders can also enjoy up to $50 in bonus profits if their first reverse copy trade returns a profit.　　● For All Users: By achieving copy trading volume tiers, all participants can claim up to $500 in trading credits.　　To participate in the Copy and Conquer campaign, traders must be

05-14

Bank of England Softens ‘Overly Conservative’ Stablecoin Plans Amid Industry Pressure

In briefThe Bank of England is reportedly reconsidering parts of its stablecoin plan.A 40% reserve floor could cost issuers £11.2 million per £1 billion in circulation.Observers say the banks shift could point to a move toward a more workable regime.　　The Bank of England is reconsidering key parts of its proposed rules, softening its push after industry pushback over planned limits on holdings and reserve requirements.　　Sarah Breeden, the Bank of Englands deputy governor for financial stability, told the Financial Times on Thursday that officials were weighing other approaches to containing stablecoin-related risks as the sector grows.　　“It was based on experience of potential liquidity stress,” Breeden said. “But we will look hard to see if we have been overly conservative in our thinking there.”　　Breeden noted the reserve proposal was based on liquidity stress seen during bank runs of late, including the deposit withdrawals from Silicon Valley Bank in 2023. She also acknowledged that the industry would prefer to hold more interest-earning assets.　　The central bank is “looking very hard at whether there are different ways we can manage what we think is an important risk as stablecoins come into play,” Breeden said.　　The remarks came a day after Sasha Mills, the Banks executive director

05-14

LDO Price Prediction: $0.45 Target Within 14 Days as Whale Accumulation Accelerates

LDOs Technical Reality Check　　The charts are painting a clear picture – LDO is coiled and ready to spring higher. Trading at $0.41 with an RSI sitting comfortably at 57, were seeing textbook accumulation behavior without any overbought concerns. The momentum structure tells an even better story: while MACD histogram sits flat at zero, the underlying MACD line at 0.0115 shows buyers are quietly building positions.　　What really catches my eye is the Bollinger Band positioning at 0.74 – this token is hugging the upper portion of its recent range, indicating sustained buying pressure. The technical foundation is rock solid with price action cleanly above the 7-day ($0.40) and 20-day ($0.39) moving averages. According to analysis from Blockchain.news, institutional-grade DeFi protocols like Lido continue attracting sophisticated capital flows despite broader market uncertainty.　　Volume & Price Alignment　　The derivatives market is screaming institutional accumulation. Open interest spiked 15.41% in just 24 hours to $17 million – thats serious money building positions. When I see whale positioning like this (top traders 52.2% long versus retail at 44.5% long), it usually precedes significant price moves.　　The funding rate at 0.01% remains neutral, meaning no excessive leverage is distorting the setup. More importantly, the taker buy/sell ratio at 1.063

05-14

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