News
25 May 2026, 12:00
Solana captures 64% of tokenized stock wallets – What it means now

Blockchain markets continued attracting stronger institutional and retail participation as tokenized assets and stablecoin activity expanded globally.
25 May 2026, 11:43
New 'TrapDoor' Virus Steals Crypto Wallets: Solana, DeFi, AI Developers Under Threat

Blockchain security firm SlowMist warns of a cross-registry supply chain campaign targeting developers in the Solana, decentralized finance, and AI sectors to siphon private keys.
25 May 2026, 11:25
Binance to Delist Margin Trading Pairs for COW, SKL, and COTI on May 29

BitcoinWorld Binance to Delist Margin Trading Pairs for COW, SKL, and COTI on May 29 Binance, the world’s largest cryptocurrency exchange by trading volume, has announced it will delist several margin trading pairs involving Cow Protocol (COW), SKALE Network (SKL), and Coti (COTI). The delisting is scheduled for 6:00 a.m. UTC on May 29. Details of the Delisting The affected cross margin pairs are COW/USDC, SKL/USDC, and COTI/USDC. Additionally, the isolated margin pair COW/USD will be removed from the platform. Users who currently hold open positions in these pairs are advised to close them before the deadline to avoid automatic liquidation or settlement. Why This Matters for Traders Margin trading allows users to borrow funds to increase their trading exposure. When an exchange delists a margin pair, it can lead to increased volatility as positions are closed. Traders holding these assets may face forced liquidation if they do not act before the cut-off time. Binance has not provided a specific reason for the delisting, but such actions often occur due to low trading volume, liquidity concerns, or periodic reviews of listed assets. Impact on COW, SKL, and COTI The delisting from Binance’s margin products does not necessarily affect spot trading availability for these tokens on the exchange. However, it reduces the range of financial instruments available to traders, potentially decreasing overall trading activity and liquidity for these assets. For the projects involved, this may signal reduced exchange support, which could influence market sentiment. What Users Should Do Binance advises all users to close their positions in the affected pairs before the delisting time. After the deadline, the exchange will settle any remaining open positions, and users may not be able to modify or cancel orders. It is recommended to review your portfolio and adjust margin positions accordingly. Conclusion This announcement is part of Binance’s routine maintenance and review of its trading products. While the delisting of margin pairs is not uncommon, it underscores the importance for traders to stay informed about changes to exchange offerings. The affected tokens will still be tradable via other pairs, but margin traders should take immediate action to avoid disruption. FAQs Q1: Will spot trading for COW, SKL, and COTI be affected? No, this delisting only applies to the specific cross and isolated margin pairs mentioned. Spot trading for these tokens may still be available on Binance through other trading pairs. Q2: What happens to my open margin positions after the deadline? Binance will automatically settle any remaining open positions after the delisting time. Users may incur losses if the settlement occurs at an unfavorable price. It is strongly recommended to close positions manually before the deadline. Q3: Why did Binance delist these margin pairs? Binance has not provided a specific reason. However, delistings typically occur due to factors such as low trading volume, insufficient liquidity, or as part of regular product reviews to maintain a healthy trading environment. This post Binance to Delist Margin Trading Pairs for COW, SKL, and COTI on May 29 first appeared on BitcoinWorld .
25 May 2026, 11:07
Tether Expanding Global Stablecoin Strategy With GEL₮, A Lari-Backed Stablecoin In Conjunction With Georgia

Tether is taking its first steps to work with national financial infrastructures and has announced GEL₮ a lari-backed stablecoin which they will be launching soon. This initiative, which is specifically designed for the domestic Georgian economy, but remains interoperable with global blockchain payments networks, was developed in collaboration with the government of Georgia. The announcement positions Georgia as one of the few countries directly working with a prominent stablecoin issuer to launch a fiat-backed digital asset in an established regulatory environment. GEL₮ is designed to serve as a bridge between the traditional financial system and decentralized payment infrastructure, according to Tether’s official announcement. Tether and the Government of Georgia to Launch GEL₮, the Official Stablecoin of Georgia https://t.co/ueSLlJzot1 — Tether (@tether) May 25, 2026 Instead of stablecoins that are just pegged to global value instruments broadly, GEL₮ serves the Georgian economy alone; it’s a digital version of the national currency, a financial asset which can transit between blockchain protocols. This development is consistent with a clear defensible strategic expansion pursued by Tether, the only substantial player in the global ecosystem for stablecoin. Georgia Develops Regulatory Systems for Digital Assets Georgia is at the centre of this initiative due to its continually changing regulatory environment. The nation has acted purposefully to lay out a wide-ranging regulatory scheme for digital assets, with special focus on stablecoins. It tackles important matters, including reserve management, redemptions rights, issuer accountability and anti-money-laundering (AML) implications. Instead of operating in a gray regulatory area, GEL₮ is being built under the rule of law. According to the authorities, this framework is in line with emerging global guidelines, including bills being proposed in the U.S., such as the GENIUS Act. Such approach to regulation conveys a wider objective: establishing the status of Georgia as the jurisdiction for compliance and innovation in blockchain-based financial services. It would bring domestic regulation in line with global expectations, so the country can compete to attract institutional investors and fintech innovators looking for regulatory safety. This focus on organisational oversight comes in the wake of rising regulation around stablecoins, where transparency and sufficient reserve backing are still key points for regulators to address. GEL₮ Aims To Enable Faster And Cheaper Financial Services The project has a few main use-cases: lower cost payments; near-instant settlement of payments; remittances and programmable financial services. They are also commonly plagued by delays, excessive fees and multiple intermediaries in cross-border transactions. GEL₮ intends to use blockchain infrastructure for these processes by efficiently moving value at a lower cost and offering timely services. Programmability introduces additional functionality. Enabling use cases such as conditional payments, escrow arrangements, and real-time payroll systems, Businesses and developers can embed automated payment logic. Such capabilities are especially relevant for emerging markets and smaller economy countries where financial infrastructure is otherwise poorly developed. This local currency backed with globally accessible blockchain service could be a building block of GEL₮, replicable elsewhere. Stablecoin Market Remains Highly Concentrated GEL₮ will launch in an environment dominated by just a handful of stablecoin issuers. With an approximate USDT circulation of $200 billion Tether comprises ~59% share of the total stablecoin market. USD Coin, its closest competitor in terms of circulation with around $80 billion. Combined, the two stablecoins make up around 82% of the total $340 billion stablecoin sector, with much smaller issuers competing for the remainder. The market data in this type of analysis(in the linked tweet) here speaks volume on how big is that dominance. In the case of new entrants, such as GEL₮, competition is likely to be less about scale and more about targeted utility and regulatory alignment. Differentiated by focusing on a single national currency and leveraging government-backed frameworks, GEL₮ stands apart from global stablecoins. It has a localized footprint at scale and deep use cases that provide competitive advantage rather than just volumes. USDT alone holds ~$200B in stablecoin supply! That's ~59% of the entire ~$340B market. That's it. USDT: ~$200B USDC: ~$80B Everyone else: ~$60B Two stablecoins. ~82% of the market. The duopoly didn't break. It deepened. Data via @Dune pic.twitter.com/d6SzjFsI6j — Leon Waidmann (@LeonWaidmann) May 24, 2026 Strategic Implications for Tether and the Global Financial Landscape For Tether, the partnership with Georgia is more than product expansion, it’s a move to garner even greater engagement with national financial systems. Tether is taking things a step further, the platform is positioning itself as not just a global liquidity provider, but also a partner in building infrastructure. This strategy carries significant implications. If this works out, it will lay the groundwork for similar partnerships with other governments that wish to upgrade financial systems without necessarily embracing Central Bank Digital Currencies (CBDCs). At the same time, it also raises important concerns around private corporations operating within national monetary ecosystems. Perhaps these partnerships might accelerate the pace of innovation but they make it even more difficult to separate public authority from private financial control. The potential advantages for Georgia include the following: optimization of expenses, reinforcement of international relations in this field, and improvement of the investment ecosystem within the blockchain and fintech industry. But for it to be successful in the long run, an equilibrium must be struck between innovation and stability backed by regulatory oversight. The Future of Localized Stablecoins GEL₮ is a perfect case study in a broader trend, the rise of municipal stablecoins that appeal to local economies. Global stablecoins like USDT & USDC capture market share but localized stablecoins enjoy regulatory advantages, currency provenance compatibility and concentrated adoption This is a model that under certain circumstances could catch on in the coming years as countries try to maintain monetary sovereignty while embracing digital technology. Instead of depending on solely foreign-pegged assets, governments and institutions may opt for stablecoins directly backed by their own currency. This is a relatively early implementation of that principle, GEL₮. It provides a roadmap for how to incorporate digital currencies into existing financial systems through the integration of blockchain technology with a regulated framework and government endorsement. In summary, the tension between global and local relevance is likely to shape the next phase of growth for stablecoins as the broader space evolves. And for now, Tether entering Georgia has implications that perhaps the stablecoin future rests not just on sheer scale but alignment with real-world economic frameworks. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
25 May 2026, 10:29
Can Ethereum avoid a breakdown as momentum weakens near $2,100?

Ethereum is trading in a tight range around $2,116, with recent price action showing little conviction in either direction. Over the last 24 hours, ETH has slipped slightly by about 0.2%, while the broader trend remains weaker. It has declined by about 9.2% over the past 14 days, and by close to 8.7% over the past 30 days. Notably, the cryptocurrency is trading far from its all-time peak of nearly $4,946, a drop of more than 57%. Price action over the past several weeks has remained mostly sideways between approximately $2,025 and $2,151, showing that momentum has not yet shifted decisively in either direction. Bearish rounded top pattern forms as momentum weakens Ethereum’s short-term chart structure has started to show signs of fatigue after its earlier recovery attempts. Technical analysis shows a rounded top formation, a pattern that often develops when buying pressure gradually fades after a rally. Ethereum price analysis In this case, Ethereum’s repeated inability to sustain moves above the $2,150–$2,200 zone has reinforced that view. Instead of breaking higher with strength, price action has drifted sideways, followed by mild declines. This type of pattern typically reflects distribution, where market participants gradually reduce exposure rather than aggressively selling all at once. If this pattern continues to develop, traders often watch for breakdowns below nearby support zones around the $2,050–$2,070 range, which has recently acted as a short-term floor. A failure to hold this area would increase the probability of deeper downside continuation, especially given the absence of strong upside momentum. Strong stablecoin dominance highlights underlying demand While price action has weakened, Ethereum continues to maintain a strong position in the broader crypto financial system. According to data from Dune Analytics , roughly 55% of global stablecoin supply is still issued on Ethereum, making it the dominant settlement layer for dollar-backed digital assets. The total stablecoin market is estimated at more than $320 billion, with Ethereum hosting the largest share at around $187.1 billion in circulation across its ecosystem. This level of activity shows that Ethereum remains deeply embedded in crypto liquidity flows, even during periods of price stagnation. A growing share of this activity is also shifting toward Ethereum layer-2 networks, where transaction costs are lower and throughput is higher. While this reduces activity on the main chain itself, it still reinforces Ethereum’s role as the base settlement layer beneath a wider scaling structure. This stablecoin dominance contrasts sharply with recent price performance, highlighting a divergence between network usage and market valuation. Ethereum Foundation narrows focus and reduces ETH sales On the governance side, the Ethereum Foundation has signalled a shift toward a more focused operational model. In a recent X post , Vitalik Buterin emphasised that the foundation is moving away from broad ecosystem expansion and concentrating on core protocol priorities such as security, censorship resistance, and privacy. As part of this shift, the foundation is also expected to reduce ETH sales, a move aimed at limiting structural selling pressure over time. While the foundation’s holdings are small relative to the total market, its actions are often closely watched due to their symbolic impact on long-term alignment. The foundation is also positioning itself as less central to Ethereum’s ecosystem development, with more responsibility shifting toward independent teams and external contributors. The post Can Ethereum avoid a breakdown as momentum weakens near $2,100? appeared first on Invezz
25 May 2026, 10:20
Indonesia Blocks Polymarket, Classifying Platform as Online Gambling

BitcoinWorld Indonesia Blocks Polymarket, Classifying Platform as Online Gambling The Indonesian government has officially blocked access to Polymarket, a decentralized prediction market platform, after determining that its operations constitute online gambling under local law. The decision was reported by the state-run news agency Antara and marks the latest in a series of international regulatory actions against the platform. Regulatory Classification and Legal Basis Indonesia’s Ministry of Digital Communication confirmed that Polymarket allows users to place monetary bets on the outcomes of future events, including elections, economic data releases, and sports results. This model, the ministry argues, violates the country’s strict anti-gambling laws. Officials stated that the platform’s characterization as a ‘prediction market’ does not exempt it from regulations that prohibit wagering on uncertain outcomes for financial gain. The ministry has also announced plans to monitor and potentially block social media accounts that promote Polymarket within Indonesia. This proactive approach signals a broader effort to prevent circumvention of the ban through alternative channels. Global Trend of Crackdowns Indonesia’s action is not an isolated event. Authorities in Singapore, Brazil, and India have also reportedly blocked access to Polymarket in recent months. These jurisdictions share a common legal perspective: that prediction markets, regardless of their technological framework, function as unlicensed gambling platforms when they involve real-money stakes on event outcomes. Other nations, including Japan, China, and Thailand, have implemented related regulations that either restrict or outright ban such platforms. The coordinated global response reflects growing concern among regulators about the rapid expansion of blockchain-based betting platforms operating outside traditional financial and gaming oversight. Implications for the Crypto and Prediction Market Sector The crackdown on Polymarket raises significant questions about the legal status of decentralized finance (DeFi) applications that blend gambling, speculation, and financial forecasting. While Polymarket has argued that its platform provides valuable data through market-based probability estimates, regulators increasingly view the mechanism as indistinguishable from sports betting or casino-style wagering. For users and investors in the cryptocurrency space, this trend signals heightened regulatory risk. Platforms that rely on real-money betting on real-world events may face similar scrutiny in other markets, particularly in Asia and Latin America, where gambling laws are often stringent. Conclusion Indonesia’s decision to block Polymarket underscores a widening regulatory gap between the innovative mechanics of decentralized prediction markets and the established legal frameworks governing gambling. As more countries take enforcement action, the future of such platforms may depend on their ability to adapt to local laws or to develop models that clearly distinguish between speculative betting and legitimate financial or informational services. The coming months will likely see further legal challenges and regulatory clarifications in this rapidly evolving space. FAQs Q1: What is Polymarket? Polymarket is a decentralized prediction market platform where users can buy and sell shares in the outcomes of future events, such as elections, sports games, or economic indicators. It operates on blockchain technology and uses cryptocurrency for transactions. Q2: Why did Indonesia block Polymarket? Indonesia’s Ministry of Digital Communication classified Polymarket as a form of online gambling because it involves placing monetary bets on uncertain future events. This violates the country’s anti-gambling laws. Q3: Which other countries have blocked or restricted Polymarket? Singapore, Brazil, and India have reportedly blocked access to Polymarket. Japan, China, and Thailand have also implemented related regulations that restrict or ban such prediction market platforms. This post Indonesia Blocks Polymarket, Classifying Platform as Online Gambling first appeared on BitcoinWorld .






































