hodler

26 May 2026, 11:20

Bitcoin ETFs crushed by billions in outflows as Treasuries stifle interest-rate cut hopes

Your day-ahead look for May 26, 2026

26 May 2026, 11:18

4 Years After Terra’s Collapse, Hodlnaut’s Former CEO Faces Fraud Charges In Singapore Court

Zhu Juntao, co-founder and former Chief Executive Officer of the now-defunct Singapore-based crypto lending platform Hodlnaut, was charged in a Singapore court on May 26, 2026 with fraud by false representation — nearly four years after the Terra/LUNA ecosystem implosion triggered a $193 million financial shortfall that ultimately ended the platform and stranded more than 30,000 users worldwide. The charges were announced by the Commercial Affairs Department of the Singapore Police Force, which has been investigating Hodlnaut and its directors since November 2022. Zhu, 36, faces six counts in total — three under Section 424A(1)(a) read with Section 424A(3) of Singapore’s Penal Code 1871, and three under the same provision read together with Section 109 of the same code, which covers abetment. If convicted on each charge, he faces imprisonment of up to 20 years, a fine, or both, per the police statement. What The Charges Allege The fraud charges center on a specific window: May to July 2022, the weeks immediately following TerraUSD’s catastrophic de-pegging in early May of that year. According to the Singapore Police Force’s official statement, Zhu allegedly directed Hodlnaut employees to make misleading statements on the company’s official Telegram group and in emails sent directly to users — assertions that Hodlnaut had no direct exposure to UST and had not suffered losses from the collapse. The statements, as documented in Mothership SG’s reporting of court filings, included a post in which Hodlnaut wrote that it had “not taken any losses as a firm” and that only users who personally held UST were affected. Zhu also allegedly directed a separate employee to email 30 recipients stating the company had assumed no losses. Those statements, prosecutors now allege, were false and intended to deceive users during the most critical period of the platform’s deterioration. What Actually Happened With Terra The judicial record that emerged after Hodlnaut suspended withdrawals in August 2022 told a starkly different story. An interim judicial managers’ report seen by Bloomberg found that Hodlnaut had lost nearly $190 million through its exposure to the collapsed Terra ecosystem — a figure the platform had actively downplayed to users while the losses accumulated. On-chain analytics firms subsequently confirmed material exposure to UST and TerraForm Labs-linked activity that Hodlnaut had not previously acknowledged. Court documents filed in Singapore in August 2022, when the platform sought creditor protection, disclosed a $193 million financial shortfall. Court-appointed managers later confirmed an additional $13.1 million in user assets were stranded on the collapsed FTX exchange. Hodlnaut was subsequently ordered to liquidate by Singapore’s High Court, with EY partners appointed as joint liquidators. Zhu indicated he was not guilty and disputed all charges at his May 26 hearing — a pre-trial conference has been scheduled for June 2026, per Channel News Asia. This development marks a significant moment for the nascent sector’s long-running accountability reckoning following the 2022 crypto contagion. The Terra collapse set off a chain of platform failures — Celsius, Voyager, Three Arrows Capital, and eventually FTX among them — that collectively cost retail users hundreds of billions of dollars. That four years have elapsed between Hodlnaut’s collapse and its former CEO’s first day in court is itself a reflection of how slowly the legal system processes crypto’s most consequential failures — and a reminder that the cases are far from closed. Cover image from Grok, ETHUSD chart from Tradingview

26 May 2026, 11:15

Taiwanese Singer Jeffrey Huang Boosts $14.48M ETH Long Position with 25x Leverage

BitcoinWorld Taiwanese Singer Jeffrey Huang Boosts $14.48M ETH Long Position with 25x Leverage Jeffrey Huang, the Taiwanese singer widely known as Machi Big Brother, has increased his highly leveraged Ethereum long position, bringing the total value to $14.48 million. The move, tracked by on-chain analytics platform Hyperbot, highlights the aggressive trading strategy of a prominent figure whose activities are closely watched in the crypto community. Details of the Increased Position According to data from Hyperbot, Huang’s position is opened with 25x leverage, a high-risk strategy that amplifies both potential gains and losses. The entry price for the position is set at $2,104.86 per ETH. Critically, the liquidation price is just $2,084.43, meaning a drop of less than 1% from the entry price could trigger an automatic closure of the entire position, resulting in a total loss of the margin. The proximity of the liquidation price to the entry price underscores the extreme risk associated with such high leverage. A small adverse price movement in Ethereum could wipe out the position. This update provides a real-time window into the risk management and market sentiment of a well-known crypto whale. Market Context and Implications This move comes amid a period of relative consolidation for Ethereum, which has been trading in a range near the $2,100 level. Large, leveraged positions like Huang’s can contribute to market volatility. If the price of ETH were to fall and trigger a liquidation, it could create a cascading effect, adding selling pressure and potentially accelerating a decline. For retail traders, such positions serve as a reminder of the dangers of high leverage. While they can magnify profits, they also dramatically increase the risk of a total loss. The actions of well-capitalized individuals like Huang are often analyzed for signals about market direction, but they are not necessarily indicative of broader market trends. Why This Matters to Crypto Traders Tracking large, leveraged positions is a common practice among experienced traders. It provides insight into where significant liquidity is concentrated and where potential ‘squeezes’ or liquidation cascades might occur. Huang’s position, with its tight liquidation threshold, is a notable data point for anyone trading Ethereum in the short term. Conclusion Jeffrey Huang’s decision to add to his 25x leveraged ETH long position, now valued at $14.48 million, represents a high-stakes bet on Ethereum’s price stability. The extremely narrow gap between the entry and liquidation prices places the position in a precarious state, making it a key point of interest for market watchers. The situation underscores the high-risk nature of leveraged trading in the cryptocurrency market. FAQs Q1: Who is Jeffrey Huang in the context of crypto? Jeffrey Huang, also known as Machi Big Brother, is a Taiwanese singer and internet personality who is also a well-known cryptocurrency investor and whale, frequently making large, high-leverage trades that are tracked by on-chain analytics platforms. Q2: What does a 25x leverage mean for this trade? A 25x leverage means Huang is using borrowed funds to control a position 25 times larger than his initial margin. While this amplifies potential profits if the price goes up, it also means that a small price movement against the position (less than 4%) can lead to a total liquidation. Q3: What happens if the liquidation price is hit? If Ethereum’s price falls to $2,084.43, the exchange will automatically close the entire position to prevent further losses. This would result in the loss of Huang’s entire margin used to open the trade. This post Taiwanese Singer Jeffrey Huang Boosts $14.48M ETH Long Position with 25x Leverage first appeared on BitcoinWorld .

26 May 2026, 11:02

Expert: This Is Why Banks Will Use XRP

Crypto proponent Digital Asset Investor recently outlined why he believes banks and financial institutions will eventually rely on XRP for large-scale global transfers. In a YouTube video, he discussed changing attitudes toward XRP among developers, institutional players, and market participants. At the beginning of the video, Digital Asset Investor referenced comments from Dom Kwok of Easy A, who argued that XRP could eventually surpass major price expectations over the next several years. Kwok questioned the relevance of traditional market capitalization in crypto and compared XRP’s long-term potential to Bitcoin’s rise despite criticism about its utility. Digital Asset Investor then shifted attention to what he described as a noticeable change within the XRP developer and builder community. He said many developers who previously criticized the XRP Ledger are now becoming more optimistic about its future. According to him, behind-the-scenes discussions at XRP Las Vegas and conversations with industry contacts suggest that builders may now recognize what could soon arrive on the ledger. He argued that Ripple is fundamentally different from most crypto companies and said ordinary startups cannot easily replicate its institutional relationships and global positioning. He added that XRP itself is also different from most digital assets because of its intended role in international finance. This Is Why Banks Will Use XRP Watch Today's Youtube Video Here: https://t.co/Oqq7eDUjfW pic.twitter.com/c45wQXM499 — Digital Asset Investor (@digitalassetbuy) May 24, 2026 XRP Positioned as an Institutional Bridge Asset A major part of the video focused on comments from an account identified as Cheruson, which Digital Asset Investor described as highly knowledgeable about XRP and institutional liquidity. According to the quoted remarks, banks require more than transaction speed because they settle massive amounts of value every day. The argument was that while other networks may offer formidable technology, they lack the liquidity to process trillions of dollars without slippage or volatility issues. The commentary described XRP as an “institutional bridge asset” designed specifically for enterprise-scale settlement. It also claimed that Ripple Payments and On-Demand Liquidity were built to replace the traditional Nostro-Vostro banking framework used for international transfers. Digital Asset Investor also discussed RLUSD and argued that stablecoins alone cannot process the enormous volumes handled by the banking sector. He referenced estimates of trillions of dollars sitting in global Nostro-Vostro accounts, questioning how a stablecoin with a relatively small supply could independently support the scale of settlement activity without XRP. Brad Garlinghouse Highlights XRP’s Core Utility The video also included remarks from Brad Garlinghouse during XRP Las Vegas . Garlinghouse explained that XRP was created to solve payment inefficiencies by offering fast settlement times, low transaction costs, and scalability. He noted that the XRP Ledger has already processed billions of transactions and said the blockchain’s longevity and community support continue to strengthen its position within the digital asset sector. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Digital Asset Investor later connected these points to broader trends of institutional adoption. He referenced comments from market participants who believe crypto is increasingly evolving from a speculative asset class into financial infrastructure. Clarity Act Optimism and XRP Accumulation Strategy Toward the end of the discussion, Digital Asset Investor addressed ongoing regulatory developments in the United States. He highlighted comments from Grayscale Research, suggesting an 80% probability that the Clarity Act will pass with bipartisan support. He also criticized venture capital groups and crypto figures that he believes unfairly targeted XRP and Ripple for years while supporting other projects with opaque token distributions. The commentator closed the video by reaffirming his long-term commitment to XRP. He said he continues accumulating the asset during market downturns and remains convinced that institutional adoption and regulatory clarity will eventually strengthen XRP’s position in global finance. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Expert: This Is Why Banks Will Use XRP appeared first on Times Tabloid .

26 May 2026, 11:01

Crypto funds bleed $1.47B as risk-off sentiment deepens

Crypto ETPs logged $1.47 billion of outflows last week as Bitcoin funds led losses, while nine altcoin ETPs still attracted inflows of more than $1 million.

26 May 2026, 11:00

‘The biggest altseason since 2021 is kicking off’ – Early signs emerge

As the crypto community anticipates an upcoming altseason, are metrics and indexes in favor?