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Ledger has put plans for a U.S. initial public offering on hold as crypto market conditions weigh on investor demand for new listings, according to people with knowledge of the matter, according to a report from CoinDesk.  The Paris-based hardware wallet maker has not filed a draft S-1 registration statement with the U.S. Securities and Exchange Commission, a step that signals formal IPO intent. The company is weighing alternatives, including a private capital raise, one source said. Earlier this year, Ledger explored a public listing that could have valued the firm near $4 billion. Goldman Sachs, Jefferies, and Barclays were…

Grove just went live with a billion-dollar credit facility. The goal? Let investors yank money out of BlackRock’s BUIDL fund and Janus Henderson money market products and get stablecoins back right away—not in three days, not tomorrow, but now. The old way took forever. You’d redeem shares in a money market fund, then wait while the paperwork cleared and the cash settled. Days passed. Markets moved. Opportunities vanished. Grove wants to kill that lag entirely by letting people convert their fund positions into stablecoins the moment they hit the button. It’s a pretty big shift for an industry that’s run…

Abu Dhabi, UAE, May 14th, 2026, Chainwire MSU 2.0 to unveil IP expansion strategy, featuring AI creation tools and a unified on-chain content hub. MapleStory N marks its first anniversary with major gameplay milestones, sustained ecosystem growth, and new updates to deepen player engagement. MapleStory Universe (MSU), the blockchain-powered expansion of Nexon’s iconic MapleStory franchise, today marks its first anniversary following the launch of MapleStory N on May 15, 2025. Over the past year, the platform has recorded more than 150 million cumulative on-chain transactions and surpassed 3.82 million accounts registered, reflecting sustained participation from a global player base and…

A group of 20 victims from five countries or jurisdictions has filed a $525 million lawsuit against Fenwick & West LLP, one of Silicon Valley’s top tech law firms, accusing it of helping conceal the FTX fraud.The complaint, filed Wednesday in the US District Court for the District of Columbia, names the firm alongside six individual defendants. The plaintiffs say they lost their life savings when FTX collapsed, claiming that Fenwick’s involvement gave the exchange a false air of legitimacy that kept them from pulling their money out.At the center of the case is testimony from Nishad Singh, FTX’s former…

Victoria, Seychelles, May 14th, 2026, Chainwire MEXC, a pioneer in 0-fee digital asset trading, has released its May 2026 Proof of Reserves report, independently audited by Hacken. The report confirms that all major assets are fully backed, with reserve ratios significantly exceeding the 1:1 industry standard. This demonstrates MEXC’s unwavering commitment to user asset protection. The May report shows reserve ratios of 293% for BTC, 123% for ETH, 117% for USDT, and 120% for USDC. These ratios indicate that MEXC’s asset reserves fully cover user assets. The May 2026 Proof of Reserves snapshot has been audited by Hacken, a globally…

Victoria, Seychelles, May 14th, 2026, Chainwire MEXC, a pioneer in 0-fee digital asset trading, has published its April 2026 Trading Highlights report. The top 10 new tokens averaged a 2,341% peak gain (1.6x March’s figure), new token volume per user climbed 46% month-over-month, and TradFi futures volume per user rose 55% as easing US-Iran tensions sent traders into precious metals and energy futures. Three tokens led the highest-gain ranking, each from a different sector. PROS topped the list at +5,433% on RWA, GENIUS hit +4,718% on the DeFi track, and IPEPE combined Meme and AI for +3,500%. Neither PROS nor…

WILLEMSTAD, CURAÇAO, May 13, 2026 — Cloudbet has grown its Originals portfolio to 13 in-house provably fair casino games, while simultaneously adding 21 new titles to its wider casino lobby for May 2026. The two things are related: Cloudbet is one of the few platforms in the world where a player can move between a cryptographically verifiable dice game they fully control and a high-volatility studio slot from Hacksaw Gaming or Nolimit City — all settled in Bitcoin, Ethereum, USDT, or a range of other cryptocurrencies. That combination — native crypto infrastructure, a growing library of self-built provably fair games,…

WASHINGTON, May 13, 2026 /PRNewswire/ — RCB Fund Services LLC (“RCB”), the Claims Administrator for the AirBit Victim Fund (the “AVF”) on behalf of the United States Department of Justice (“DOJ”), today announced the opening of the petition submission process for victims of the AirBit Club fraud. AVF was established by the DOJ to compensate individuals who suffered financial losses as a result of a fraudulent scheme conducted at the AirBit Club. AVF is intended to provide compensation to victims who were induced to purchase AirBit Club memberships based on false representations, including promises of guaranteed daily returns purportedly generated through…

London, United Kingdom, May 13th, 2026, Chainwire Following the successful completion of its private testing phase, BASIS is now officially live, with the platform publicly accessible at basis.pro as the company moves to address what industry participants increasingly describe as a structural gap in digital asset infrastructure. The platform, developed with engineering support from Base58 Labs, has been tested under live market conditions with a select group of institutional participants. While reported metrics included sub-50 microsecond p99 execution latency, throughput exceeding 100,000 operations per second, and 100% uptime, the evaluation extended beyond peak performance benchmarks. Testing was designed to observe…

Zurich, Switzerland, May 12th, 2026, Chainwire The fintech project SNC Scandic Coin (SNC) was launched by the global Scandic Finance Group (SFG). In an interview with the Neue Zürcher Nachrichten, Uwe Sellmer, a specialist in the financial sector, explained how the SNC token differs from speculative cryptocurrencies: it will serve as a regulated payment, access and loyalty instrument integrated into the SFG Group’s services, rather than merely being an object of speculation. Specifically, users within the network can pay for media apps, private jet flights, yachts, cars, AI products and domains, amongst other things, and benefit from loyalty programmes. This…