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26 May 2026, 05:41
Ondo Finance Founder Nathan Allman Dies Unexpectedly at 32
Allman founded Ondo in 2021 after previously working at Goldman Sachs and played a major role in the growth of blockchain-based tokenized real-world assets. Under his leadership, Ondo helped bring roughly $3.86 billion worth of tokenized assets on-chain. The company confirmed the news on Monday and announced that Ondo president Ian De Bode will take over as CEO. Ondo Finance Announces Death of Nathan Allman Nathan Allman, the founder and CEO of Ondo Finance and one of the early pioneers of blockchain tokenization, passed away unexpectedly at the age of 32. The company confirmed the news in a statement that was shared on X on Monday, where it described Allman as a visionary whose leadership, humility, and determination helped shape not only Ondo, but also the wider digital asset industry. “It is with profound sadness that we announce the unexpected passing of Nathan Allman, Ondo’s founder,” the company wrote. “Our hearts are with his family and loved ones.” Allman founded Ondo in 2021 after working in the digital assets division at Goldman Sachs. Before that, he also founded ChainStreet Capital, a crypto hedge fund focused on algorithmic and event-driven trading. Through Ondo, Allman played an important role in advancing the tokenization of real-world assets, and helped bring billions of dollars worth of US Treasuries, stocks, and commodities onto blockchain networks. His work also contributed to the growing institutional interest in tokenization technology, including from major financial firms like BlackRock. According to Ondo, more than 111,000 token holders currently own tokenized real-world assets issued through the platform, which today accounts for roughly $3.86 billion in on-chain assets. For many in the industry, Allman represented a new generation of founders focused on bridging traditional finance with blockchain technology in a more practical and accessible way. Ondo president Ian De Bode, who will now step in as CEO, described Allman as both an incredible founder and a close personal friend. “The mission of Ondo, Nate’s mission, has not changed,” De Bode said. “If Nate were here, he would want to continue executing with excellence. We will make him proud.” Ondo’s vice president and head of marketing, Ben Grossman, also remembered Allman as “a once-in-a-generation founder and visionary” whose impact on the people around him and on the industry itself would not be forgotten. The company has not shared details surrounding Allman’s passing. Though Nathan Allman’s life was tragically cut short, his vision, leadership, and contribution to the future of blockchain finance will leave a lasting impact on the industry and the many people he inspired along the way.
26 May 2026, 05:00
Bitcoin Fake Breakdown Could Be Setting Up Next Major Rally
Bitcoin’s recent drop below key support may have been more than just a bearish breakdown. As price quickly recovers important levels and market structure remains intact on higher timeframes, the move could have been a classic fakeout designed to shake out weak hands before the next major rally begins. Bitcoin Fakeout Below Key Support May Have Trapped Weak Hands According to Cryptic Trades, Bitcoin’s recent price action involved a brief deviation below a critical high-timeframe support range, a move that aligns closely with the bottoming structure established in April 2025. This technical breach appears to be a calculated market maneuver, functioning primarily as a fakeout intended to flush out overleveraged positions, not long-term investors. Related Reading: Bitcoin Struggles Below Resistance While Fibonacci Support Comes Into Focus These recurring liquidity sweeps serve a specific purpose: they are designed to trigger long-side stop-losses before a more structural reversal can take hold. As market conditions evolve over the coming days, the analyst is monitoring one final key Point of Interest (POI) before systematically scaling out of active hedges. Despite the successful recovery and subsequent reclaim of the high-timeframe support zone, the asset has yet to overcome the 1D Bull Market Support Band situated near the $78,500 level. Historically, this band has functioned as a robust reversal zone over the past several months, making it the primary technical hurdle that bulls must clear to demonstrate genuine strength. Should the price reclaim the $78,500 threshold, the outlook would shift to a full bullish bias on the lower timeframes, confirming the recent dip as a mere tactical fakeout rather than a deeper correction. For now, the analyst maintains a cautiously bullish stance, awaiting a more durable continuation to the upside. Bitcoin Buy Signal Remains Active Despite Market Volatility Lourenço VS reflected on the performance of a trading strategy, noting that a custom indicator has remained steady since triggering a buy signal. The expert designed this tool specifically to avoid getting trapped by the choppiness of false signals. As the system patiently navigates through these minor fluctuations, Lourenço is maintaining a position with confidence. Related Reading: Bitcoin Recovery Above Key Cost Basis Level Fails As BTC Falls Under $77,000 Another weekly candle has successfully closed above the mid-Bollinger line. Market skeptics continue to draw parallels between current conditions and the spring and summer of 2022, but the comparison is fundamentally flawed because it never occurred during that period. Even with recent price pullbacks and inevitable volatility, the market continues to post consistent 3-day candle closes above the crucial bull market support band. This ongoing resilience at such a key technical level serves as a strong indicator that the fundamental trend remains firmly tilted to the upside. While the skeptics refuse to acknowledge the incoming momentum, the market seems to be coiling up for its next significant move. Featured image from Getty Images, chart from Tradingview.com
26 May 2026, 04:10
Stable Launches Morpho-Powered Treasury Service for Fintech Firms and Neobanks
BitcoinWorld Stable Launches Morpho-Powered Treasury Service for Fintech Firms and Neobanks Stable (STABLE), a Layer 1 blockchain designed specifically for the world’s largest stablecoin USDT, has introduced a new treasury management service called StableEarn. The service, first reported by Tech in Asia, aims to provide neobanks, fintech companies, payment providers, and individual users with a structured way to earn yield on their digital assets. How StableEarn Works The first StableEarn vault is built on Morpho, a decentralized lending protocol known for its efficiency and capital optimization. DeFi risk management firm Gauntlet oversees the vault’s asset allocation and risk parameters, ensuring the strategy remains within defined safety thresholds. The vault’s underlying strategy leverages products from Theo, a platform specializing in real-world asset (RWA) tokenization. These include thBILL, a token representing U.S. Treasury bills; thGOLD, a yield-bearing token backed by physical gold; and thUSD, a stablecoin collateralized by gold derivatives. Target Audience and Accessibility StableEarn is designed for institutional and semi-institutional users, including neobanks, fintech firms, and payment service providers. By offering access to tokenized versions of traditional financial instruments like U.S. Treasury bills and gold, the service bridges the gap between decentralized finance (DeFi) and conventional asset management. Individual users can also participate, broadening the potential user base. Why This Matters for the DeFi Ecosystem The launch of StableEarn reflects a growing trend within the blockchain industry: the convergence of DeFi with real-world assets. By integrating tokenized Treasury bills and gold, Stable is providing a yield-generating option that carries the stability of traditional financial instruments. This approach could attract more conservative institutional capital that has been hesitant to engage with purely speculative DeFi strategies. Gauntlet’s involvement adds a layer of professional risk management, which is critical for gaining trust from regulated financial entities. Conclusion Stable’s introduction of StableEarn represents a practical step toward making DeFi more accessible and trustworthy for mainstream financial players. By combining Morpho’s lending infrastructure, Gauntlet’s risk oversight, and Theo’s real-world asset tokens, the service offers a structured yield opportunity tied to familiar assets like U.S. Treasuries and gold. As the line between traditional finance and decentralized systems continues to blur, services like StableEarn could play a key role in onboarding institutional users into the blockchain economy. FAQs Q1: What is StableEarn? StableEarn is a treasury management service launched by Stable (STABLE) that allows users to earn yield on their assets through a vault built on the Morpho lending protocol. It uses tokenized real-world assets like U.S. Treasury bills and gold. Q2: Who can use StableEarn? The service is available to neobanks, fintech companies, payment providers, and individual users. Q3: What assets back the StableEarn vault? The vault’s strategy includes thBILL (U.S. Treasury bill token), thGOLD (gold-backed yield-bearing token), and thUSD (gold derivative-based stablecoin), all issued by the real-world asset tokenization platform Theo. This post Stable Launches Morpho-Powered Treasury Service for Fintech Firms and Neobanks first appeared on BitcoinWorld .
26 May 2026, 02:44
Ondo Finance Announces The Unexpected Death Of CEO Nathan Allman
Ondo Finance, one of the leading decentralized finance (DeFi) platforms in the crypto industry, announced that its co-founder and CEO, Nathan Allman, has died. The company shared the news on Monday, May 25, and said it is also moving to ensure leadership continuity in the wake of the tragedy. Ondo Finance Confirms New CEO In a post on X (formerly Twitter), Ondo Finance said, “It is with profound sadness that we announce the unexpected passing of Nathan Allman, Ondo’s founder. Our hearts are with his family and loved ones.” Ondo also said the personal and industry impact of Allman’s contributions “cannot be overstated,” and noted that he played a key role in building a durable organization with experienced leaders across multiple areas of the business. Alongside the tribute, Ondo Finance announced a leadership change. The company said Ian De Bode, its longtime President, will take over as CEO. Ondo said it will continue building what Allman started, calling that effort the “most meaningful way” to honor him. Nathan Allman Remembered The news also drew reactions from other figures in the crypto ecosystem. Gracy Chen, CEO of Bitget, said that since 2023, the two sides “achieved so much together,” noting the listing of Ondo Finance’s native token, ONDO, and support of its real-world asset (RWA) strategy. Chen added that as the industry continues, “we will continue pushing the boundaries of tokenization and carrying that shared vision ahead.” Nathan Allman co-founded Ondo Finance in 2021. Before launching Ondo, he worked as part of the Digital Assets team at Goldman Sachs, where he developed experience in asset management and blockchain technology. Following Ondo Finance’s statement, the price of ONDO dropped by 6.5% to $0.41. Nevertheless, the platform’s native token still records gains of 59% over the last thirty days. Featured image from The Street; chart from TradingView.com
26 May 2026, 02:25
Ethereum Foundation’s Kohaku Releases SDK to Embed Privacy Protocols Directly Into Wallets
BitcoinWorld Ethereum Foundation’s Kohaku Releases SDK to Embed Privacy Protocols Directly Into Wallets The Ethereum Foundation’s privacy-focused initiative, Kohaku, has released a software development kit (SDK) designed to integrate privacy protocols directly into Ethereum wallets, eliminating the need for third-party intermediaries. The tool, first reported by The Defiant, allows wallet developers to embed protocols such as Railgun, Tornado Cash, and Privacy Pools natively into their applications. How the Kohaku SDK Works The SDK currently supports integration with Railgun, a protocol that enables private transactions by decoupling sender and receiver addresses. Kohaku has also launched a version that includes a 4337 mempool relay, which facilitates private transaction processing through account abstraction. This allows users to send transactions without exposing their wallet address or transaction history to the public mempool. Integration for Tornado Cash and Privacy Pools is reportedly under active development, though no timeline has been provided for their release. The Ethereum Foundation originally announced Kohaku last year as an open-source privacy initiative aimed at enhancing security and confidentiality within the Ethereum ecosystem. Why This Matters for Ethereum Users Privacy remains one of the most debated topics in cryptocurrency. While Ethereum’s public ledger offers transparency, it also exposes transaction data to anyone with blockchain access. For users who require financial privacy—whether for personal security, business confidentiality, or regulatory compliance—the lack of native privacy tools has been a persistent gap. By offering an SDK that allows developers to integrate privacy protocols directly into wallets, Kohaku lowers the technical barrier for implementing these features. Instead of relying on external services or complex manual processes, wallet providers can now offer built-in privacy options, potentially increasing adoption among mainstream users. Implications for Wallet Developers and the Ecosystem For wallet developers, the SDK provides a standardized framework for adding privacy features without building the underlying cryptographic infrastructure from scratch. This could accelerate the availability of privacy-preserving wallets across the Ethereum ecosystem, from self-custodial mobile wallets to browser extensions. The inclusion of account abstraction (ERC-4337) support is particularly noteworthy, as it enables more flexible transaction models. Combined with privacy protocols, this could pave the way for wallets that offer both privacy and advanced features like social recovery, batched transactions, and gas sponsorship. Regulatory and Industry Context The release comes amid ongoing regulatory scrutiny of privacy tools in cryptocurrency. Tornado Cash, for example, was sanctioned by the U.S. Treasury Department in 2022, leading to legal challenges and debates about the legality of privacy-preserving smart contracts. By providing an open-source SDK, the Ethereum Foundation positions itself as a facilitator of privacy technology while leaving implementation decisions to individual developers and jurisdictions. Industry observers note that the Kohaku SDK could also serve as a foundation for future compliance-focused privacy solutions, such as zero-knowledge proof-based identity verification that preserves user anonymity while satisfying regulatory requirements. Conclusion The Ethereum Foundation’s Kohaku SDK represents a significant step toward making privacy a native feature of the Ethereum wallet experience. By enabling direct integration of protocols like Railgun, Tornado Cash, and Privacy Pools, the initiative addresses a long-standing user need while maintaining the open-source ethos of the ecosystem. Developers and users alike will be watching closely as additional protocol integrations roll out in the coming months. FAQs Q1: What is the Kohaku SDK? The Kohaku SDK is a software development kit released by the Ethereum Foundation’s privacy initiative, Kohaku, that allows wallet developers to integrate privacy protocols like Railgun, Tornado Cash, and Privacy Pools directly into their wallets without relying on third-party intermediaries. Q2: Which privacy protocols are currently supported? As of the initial release, the SDK supports Railgun integration, along with a 4337 mempool relay for private transactions. Support for Tornado Cash and Privacy Pools is under development. Q3: Why is this SDK important for Ethereum users? The SDK simplifies the process of adding privacy features to wallets, making it easier for developers to offer built-in transaction privacy. This helps users protect their financial data without needing to use external tools or services, potentially increasing the adoption of privacy-preserving practices in the Ethereum ecosystem. This post Ethereum Foundation’s Kohaku Releases SDK to Embed Privacy Protocols Directly Into Wallets first appeared on BitcoinWorld .
26 May 2026, 02:20
Native Markets Initiates Wind Down of Hyperliquid-Based Stablecoin USDH
BitcoinWorld Native Markets Initiates Wind Down of Hyperliquid-Based Stablecoin USDH Native Markets, a decentralized exchange built on the Hyperliquid (HYPE) blockchain, has announced the beginning of a structured wind-down process for its native stablecoin, USDH. The project confirmed the decision via its official X account, outlining a series of steps that will culminate in the cessation of new market creation and certain trading benefits. Timeline and Key Actions According to the announcement, Native Markets will unstake its HYPE tokens on May 27. This move is necessary to maintain USDH’s status as a trading settlement currency under the AQA/PQA framework. Following the unstaking, the creation of new markets and associated AQA benefits will be suspended. Existing USDH-denominated HIP-3 markets will continue to operate after the unstaking, though liquidations will be left to the discretion of each HIP-3 deployer. In contrast, HIP-1 spot markets will be terminated, and all open orders will be canceled. Implications for USDH Holders Native Markets has assured USDH holders that they will retain the ability to swap their tokens for USDC through the HyperCore order book after the unstaking is complete. This provides a clear exit path for users holding the stablecoin. The decision to wind down USDH appears to be a strategic move by Native Markets to streamline its operations, potentially in response to market conditions or regulatory considerations within the decentralized finance (DeFi) space. Broader Context in the DeFi Ecosystem The wind-down of USDH comes at a time when stablecoins, particularly those built on emerging blockchain networks like Hyperliquid, face increasing scrutiny regarding their sustainability and peg stability. Native Markets’ decision to revert to USDC—a more established and widely used stablecoin—reflects a broader trend among DeFi protocols to prioritize liquidity and user trust over native token experiments. The move may also signal a shift in how Hyperliquid-based projects approach tokenomics, focusing on long-term viability rather than short-term market creation. Conclusion Native Markets’ wind-down of USDH marks a significant operational change for the platform and its users. While existing HIP-3 markets will continue for now, the suspension of new markets and termination of HIP-1 spot markets indicate a phased exit. USDH holders are advised to convert their tokens to USDC before any further changes take effect. The development underscores the evolving nature of stablecoin projects and the importance of liquidity and regulatory clarity in the DeFi sector. FAQs Q1: What is happening to USDH? Native Markets is winding down its Hyperliquid-based stablecoin, USDH. The project will unstake HYPE tokens on May 27, after which new markets and AQA benefits will be suspended. Q2: Can I still use my USDH tokens after May 27? Yes, existing USDH-denominated HIP-3 markets will continue to operate, but HIP-1 spot markets will be terminated. USDH holders can swap their tokens for USDC through the HyperCore order book. Q3: Why is Native Markets winding down USDH? The decision appears to be strategic, focusing on operational efficiency and potentially responding to market or regulatory conditions. The move to USDC provides users with a more liquid and established stablecoin option. This post Native Markets Initiates Wind Down of Hyperliquid-Based Stablecoin USDH first appeared on BitcoinWorld .
