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22 May 2026, 07:34
HONG KONG tests HKDAP stablecoin on ETH, rollout set for 2026
🚀 Hong Kong’s HKDAP stablecoin passed its first transfer test on $ETH. The approved digital currency’s full rollout is expected by Q2 2026. 👀 Critical data: Every HKDAP token is fully backed and successfully redeemed. Continue Reading: HONG KONG tests HKDAP stablecoin on ETH, rollout set for 2026 The post HONG KONG tests HKDAP stablecoin on ETH, rollout set for 2026 appeared first on COINTURK NEWS .
22 May 2026, 07:33
Can Cardano recover as ADA reclaims $0.25 after recent weakness?
Cardano (ADA) is up 1% in the last 24 hours and has reclaimed the $0.2500 mark after falling below this crucial level on Thursday. The coin has underperformed over the past three weeks and continues to struggle to hold key support levels amid declining retail demand. The derivatives market is seeing an improved risk sentiment, indicating that retail traders might be willing to step in. Futures Open Interest slightly recovers ADA is up 1% in the last 24 hours thanks to a slight increase in retail demand. According to CoinGlass , Cardano’s futures Open Interest (OI) now stands at $544 million, up from the $529 million recorded the previous day. However, the OI is still behind the $612 million recorded on May 10. The declining OI over the past two weeks suggests a fading retail interest and aligns with ADA’s price dip from $0.2900 to its current $0.2513. Persistent declines in OI suggest that investors lack confidence in ADA’s ability to sustain short to medium-term gains and are therefore unwilling to open new positions. The Cardano development team is also seeking to raise $6 million to integrate certain protocols into the blockchain. The proposal, Cardano Critical Integrations V2, is asking the community to approve 23 million ADA to enable the enhanced integration with Circle’s USDC stablecoin, LayerZero (ZRO), Pyth Network (PYTH), and native Fireblocks support. Charles Hoskinson, the co-founder of Cardano, has urged the community members to support the proposal. He noted that the proposal is key to keeping researchers and scientists on the network. https://twitter.com/IOHK_Charles/status/2057388662032089451 Cardano price analysis: ADA remains weak The ADA/USD 4-hour chart is still bearish despite adding 1% to its value in the last 24 hours. The bearish trend comes as ADA is trading 0-day Exponential Moving Average (EMA) at $0.2585. The momentum indicators remain bearish but could improve thanks to rising retail demand. The Relative Strength Index (RSI) hovers around 48, approaching the 50 neutral level, indicating a fading bearish trend. The Moving Average Convergence Divergence (MACD) histogram remains in the negative territory, hinting at persistent selling interest on rallies. If the market recovery persists, the buyers would encounter immediate resistance just around the $0.2585 region, coinciding with the 50-day EMA. However, a daily candle close above this level would allow the buyers to push ADA’s price higher towards the 4-hour Inducement Liquidity at $0.2795. Higher resistance levels at $0.2855 and $0.3567 continue to present a challenge in the near and medium term. On the downside, the buyers have been holding the support at $0.2483 in recent days. A sustained decline below this support level would expose the demand at $0.2400. If the daily candle closes below $0.2400, ADA could record further losses and likely retest the $0.2200 support for the first time since February. While the retail demand has improved in the last two days, the broader bearish structure continues to limit ADA’s recovery attempts. The post Can Cardano recover as ADA reclaims $0.25 after recent weakness? appeared first on Invezz
22 May 2026, 07:30
ZachXBT Accuses Kucoin of Shielding $13M in Stolen Crypto From German Investigators
Onchain investigator ZachXBT has publicly accused Kucoin of allowing stolen cryptocurrency to flow freely through its platform while refusing to cooperate with German law enforcement. ZachXBT Says Kucoin Is ‘Complicit’ The pseudonymous blockchain sleuth posted a direct broadside against Kucoin on May 22. “The team is complicit and allows illicit activity to flow as long
22 May 2026, 07:20
XRP funds see $42 million inflow as BTC ETFs lose $1.27 billion
🚨 XRP funds attracted $42 million in inflows this week. Bitcoin ETFs saw $1.27 billion in outflows as $XRP investment rose. 🕵️♂️ Critical data: 4,300 new wallets were created on the XRP network in just 24 hours. Continue Reading: XRP funds see $42 million inflow as BTC ETFs lose $1.27 billion The post XRP funds see $42 million inflow as BTC ETFs lose $1.27 billion appeared first on COINTURK NEWS .
22 May 2026, 07:15
Binance launches SpaceX perpetual Futures: Traders chase pre-IPO exposure
Pre-IPO mania has exploded ahead of SpaceX, Anthropic, and OpenAI's planned public listings.
22 May 2026, 07:05
SlowMist Founder: Without Ethereum, Crypto Would Be ‘Incredibly Dull’
BitcoinWorld SlowMist Founder: Without Ethereum, Crypto Would Be ‘Incredibly Dull’ The cryptocurrency industry would lose much of its dynamism if Ethereum were to collapse, leaving a landscape dominated solely by Bitcoin and described as “incredibly dull,” according to Cos, the founder of blockchain security firm SlowMist. In a statement shared on X, Cos argued that while a failure of Bitcoin would likely spell the end for the entire crypto market, Ethereum’s demise would have a more contained — but still significant — impact. He suggested that if Ethereum were to fail, virtually every public blockchain running smart contracts would face similar challenges, effectively stripping the industry of its most innovative layer. The Argument: Ethereum as the Engine of Innovation Cos’s remarks underscore a growing recognition of Ethereum’s central role in powering decentralized applications, stablecoins, and real-world asset (RWA) tokenization. He noted that if these sectors are not built on Ethereum, another mature smart contract platform must be capable of stepping in to preserve the industry’s functionality and appeal. “If Ethereum collapses, all public chains that run smart contracts would likely face a similar fate,” Cos wrote, framing the scenario as one that would leave the crypto space with only Bitcoin — a store of value with limited programmability. Security as the Critical Safeguard Beyond the hypothetical, Cos emphasized a more immediate concern: security. He stressed that the industry must prioritize protecting users from vulnerabilities that could drive them away out of disappointment. His comments come amid a period where high-profile exploits and bridge hacks have repeatedly tested user confidence. “The industry must focus more on security, ensuring that users are not forced to leave the space out of disappointment over security vulnerabilities,” Cos stated, linking the long-term health of the ecosystem directly to its ability to safeguard assets and data. Why This Matters to the Broader Market Cos’s perspective carries weight given SlowMist’s reputation as a leading blockchain security auditor. His remarks highlight a critical tension within the industry: the reliance on a single dominant smart contract platform versus the need for robust security across all chains. For investors and developers, the message is clear — Ethereum’s role is not just about market cap, but about maintaining the diversity and functionality that makes crypto more than a simple digital gold. Conclusion Cos’s analysis serves as both a warning and a call to action. While Ethereum’s failure is not imminent, the industry’s dependence on its smart contract ecosystem makes security a foundational priority. Without it, the risk is not just financial loss, but a future where crypto becomes a far less interesting — and far less useful — space. FAQs Q1: What did the SlowMist founder say about Ethereum and Bitcoin? Cos stated that if Bitcoin fails, the entire crypto industry would fail, but if Ethereum fails, the industry would become “incredibly dull” and lose most of its innovation, leaving only Bitcoin as a store of value. Q2: Why does Cos believe Ethereum’s failure would impact other blockchains? He argued that all public chains running smart contracts would likely face similar issues if Ethereum collapsed, because the technology and security models are closely interconnected. Q3: What is Cos’s main recommendation for the industry? He emphasized that the industry must prioritize security to prevent user disappointment and exodus, especially as vulnerabilities continue to pose risks to platforms like Ethereum. This post SlowMist Founder: Without Ethereum, Crypto Would Be ‘Incredibly Dull’ first appeared on BitcoinWorld .
