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20 May 2026, 15:10
HYPE breaks $50 barrier on rising appetite for on-chain markets
Hyperliquid’s token HYPE climbed above $50 for the first time since October 2025. The asset erased all losses, signaling the growing importance of Hyperliquid in the crypto ecosystem. HYPE broke out in the past week, extending its gains above $45. The $50 range was closely watched, as the asset found support based on active Hyperliquid usage. HYPE traded at $50.62, up by 4.7% in the past day. The rally accelerated during US open hours, as HYPE established itself as one of the day’s trending tokens. Over 71% of whales on Hyperliquid are long on HYPE, though one whale has built a $75M short position. For the past week, HYPE rose by over 29%, and is up by over 80% for the past 90 days. The token is in the top 15 of the most active crypto assets, though it stands out for stronger fundamentals, rather than short-term hype. HYPE may rise as high as $52 in a short squeeze move, or drop to the $46 range to liquidate the accumulated long positions . HYPE open interest is at a six-month peak of $1.95B, of which $1.2B is on the Hyperliquid platform, securing concentrated liquidity and potential momentum. Why is HYPE rising? HYPE has gained multiple sources of support from adoption and everyday usage. The recent deal with Coinbase increased revenues. Goldman Sachs also disclosed a new position in Hyperliquid Strategies, INC, a digital asset treasury company dedicated to HYPE. For Q1, 2026, Goldman Sachs reported exposure to PURR for $3.32M. Goldman Sachs gained exposure to the Hyperliquid ecosystem through Hyperliquid Strategies, Inc. | Source: Goldman Sachs 13-F filings . Although relatively small, the Q1 purchase draws mainstream attention to Hyperliquid. The 21 Shares Hyperliquid ETF is also live, increasing buying demand for HYPE. Hyperliquid activity remains robust, driven by RWA activities. The platform achieves $50M in monthly revenue, using 99% of the proceeds for HYPE buybacks. As Cryptopolitan reported, Bitwise CIO Matt Hougan considers HYPE an undervalued asset. UPDATE: THE MARKET IS COMPLETELY WRONG ABOUT HYPERLIQUID @Bitwise CIO @Matt_Hougan says everyone is valuing @HyperliquidX as just another perp exchange But its actually a SUPER APP in disguise HYPE = best performing large cap of 2026 (up 77% YTD) pic.twitter.com/w5Tx48Lzqp — Cryptopolitan (@CPOfficialtx) May 20, 2026 Hyperliquid keeps attracting over 64K daily active users , a mix of retail traders and high-profile whales. The platform has a growing share of real-world assets, almost catching up with HYPE trading activity. Whales move in to boost HYPE Whales on Hyperliquid are one of the chief factors for HYPE price moves. As of May 20, whales have opened 100 high-profile long positions , against 82 short positions. One whale still holds $15M in unrealized gains from a 5X long position on HYPE. Another whale has picked up spot market activity, depositing up to $19M into Hyperliqid. The whale continues buying, accumulating over $8.1M in HYPE. An address linked to Garrett Jinn is also among the aggressive HYPE buyers. The address withdrew $40M in stablecoins from Binance and deposited $10M to Hyperliquid for HYPE accumulation. The whale accumulation is happening silently, as there is no significant social media noise around HYPE. The platform has become a staple in permissionless trading, and has so far survived the stagnant crypto market. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
20 May 2026, 15:07
Change Log: Version 1.132
The Bitfinex Change Log is an overview of all performance and UI changes made to the Bitfinex trading platform. For an overview of all previous changes, please refer to blog.bitfinex.com/category/changelogs . Version 1.132 Improvements Updated time expiration column message to display a tooltip when text is trimmed Added OpenPayd USD option, enabling deposits and withdrawals via the SWIFT channel Added Financial Freedom Tour Turkiye page to public pages Added Margin Trading landing page Updated TW user block for deposits and withdrawals Updated Bitfinex Borrow fiat intermediate users info Reused 404 page from bfx-ui-components Disabled paper subaccount withdraw toggle Bug Fixes Fixed BTC view mode in ladder and summary analytics Fixed Capital Raise footer link Fixed Google SSO button on the halving page desktop view Fixed newsletter page mail icon size Fixed the fees page accordion closing when clicking blank links Fixed Bitfinex Borrow page error underline colour Fixed the issue of the missing cancel button on the deposit row Fixed withdrawal cards wording Fixed the balances table issue to prevent multiple tooltips from displaying simultaneously Fixed category LZero currency category wording Fixed the travel rule dialog reset recipient on changing the destination type Fixed deactivate modal button padding Fixed recommendations collapse click area spanning full row length Fixed the account information nickname tooltip not appearing on focus issue Fixed the account information nickname tooltip remaining open when focused issue The post Change Log: Version 1.132 appeared first on Bitfinex blog .
20 May 2026, 15:00
Plume secures Class M digital asset license from Bermuda regulator
BitcoinWorld Plume secures Class M digital asset license from Bermuda regulator Plume, a blockchain platform focused on real-world asset (RWA) tokenization, has secured a Class M Digital Asset Business License from the Bermuda Monetary Authority (BMA). The company announced the regulatory milestone on Tuesday, positioning itself among a growing list of digital asset firms that have chosen Bermuda as a regulated base of operations. What the license means for Plume The Class M license allows Plume to conduct digital asset business activities under Bermuda’s comprehensive regulatory framework, which was established under the Digital Asset Business Act 2018. The BMA is widely recognized as a stringent yet innovation-friendly regulator, making the jurisdiction a preferred destination for crypto companies seeking legitimacy without the ambiguity found in other markets. Plume plans to leverage the license to launch a new on-chain fund vault, also regulated by the BMA, in the coming weeks. The vault is expected to offer institutional and accredited investors a compliant way to access tokenized real-world assets, such as private credit, real estate, and commodities. Bermuda’s growing appeal for crypto firms Bermuda has steadily built a reputation as a serious regulatory hub for digital assets. Major industry players including Coinbase, Circle, and Kraken have previously obtained Class M licenses from the BMA. The jurisdiction’s clear rules, combined with its proximity to the United States and established financial services infrastructure, make it an attractive alternative to jurisdictions with uncertain or fragmented crypto regulations. For Plume, the license represents more than a compliance checkbox. It signals to partners and investors that the platform is operating within a recognized legal framework, which is increasingly important as regulators worldwide tighten oversight of the crypto sector. Why this matters for the RWA sector The tokenization of real-world assets is one of the fastest-growing segments in blockchain, with major financial institutions exploring the technology. However, regulatory clarity has remained a bottleneck for broader adoption. Plume’s move into a regulated environment could set a precedent for other RWA-focused projects, demonstrating that compliance and innovation can coexist. Industry observers note that the BMA’s approach—requiring robust anti-money laundering controls, capital reserves, and regular reporting—provides a template that other jurisdictions may follow. If Plume’s regulated vault gains traction, it could accelerate institutional interest in tokenized assets. Conclusion Plume’s Class M license from the Bermuda Monetary Authority marks a significant step for the RWA blockchain sector, adding regulatory credibility to a rapidly evolving market. With a compliant on-chain fund vault on the horizon, the company is positioning itself at the intersection of decentralized finance and traditional financial regulation. The move aligns with a broader industry trend toward licensed, transparent digital asset operations. FAQs Q1: What is a Class M Digital Asset Business License in Bermuda? A Class M license is a regulatory authorization issued by the Bermuda Monetary Authority under the Digital Asset Business Act 2018. It allows companies to conduct digital asset activities such as custody, trading, and issuance while complying with AML, capital, and reporting requirements. Q2: Why did Plume choose Bermuda over other jurisdictions? Bermuda offers a clear and established regulatory framework for digital assets, with a track record of licensing major firms like Coinbase and Circle. Its proximity to the U.S., strong financial infrastructure, and innovation-friendly stance make it a preferred hub for regulated crypto operations. Q3: What is an on-chain fund vault? An on-chain fund vault is a blockchain-based investment vehicle that holds tokenized assets. It operates under smart contract rules and regulatory oversight, allowing investors to access assets like private credit or real estate in a transparent, compliant manner. This post Plume secures Class M digital asset license from Bermuda regulator first appeared on BitcoinWorld .
20 May 2026, 13:56
WhiteBIT extends compliance-driven expansion into the UK with dedicated trading platform
WhiteBIT, the largest European crypto exchange by web traffic, has launched whitebit.uk to serve retail and institutional users in the United Kingdom, one of the world’s biggest crypto markets. The UK launch is the latest for the Ukraine-founded exchange, which has been on an aggressive expansion trail since it secured a broker license in Georgia in April and announced a US expansion in late 2025, as Cryptopolitan reported. WhiteBIT celebrated its entry into the UK with a demonstration on the iconic Piccadilly Lights. Source: WhiteBIT Is WhiteBIT now in the UK? UK retail customers on whitebit.uk can trade spot pairs, use instant conversion tools, and deposit British pounds through payment cards and the Faster Payments Service, according to the company’s announcement on its blog. For institutional clients, there is access to liquidity support, market-making infrastructure, token listing services, and API connectivity. Crypto lending and auto-invest features will also be available; however, WhiteBIT stated that these are subject to onboarding checks and UK regulatory requirements. Volodymyr Nosov, the founder and president of W Group, WhiteBIT’s parent company, stated that “Entering the UK market marks an important milestone in WhiteBIT’s expansion across regulated jurisdictions,” adding that they “see strong demand for platforms that combine innovation with a high level of trust, transparency, and compliance.” https://www.cryptopolitan.com/wp-content/uploads/2026/05/IMG_0564.mp4 Why are crypto exchanges pushing for UK expansion? UK crypto ownership has been climbing. Financial Conduct Authority (FCA) data from late 2025 showed 91% public awareness of cryptoassets and roughly 8% of adults holding digital tokens, with nearly three-quarters of those holders using centralized exchanges, per WhiteBIT. In April, the FCA published a consultation on guidance for the country’s incoming crypto regime, with full rules expected this summer and an authorizations gateway set to open on September 30. The UK’s parliament confirmed in February which cryptoasset activities will fall under regulation starting October 2027. The country ranks among the top global markets for crypto engagement, according to Chainalysis, whose 2025 Global Crypto Adoption Index tracked on-chain and off-chain activity across 151 nations. Which countries is WhiteBIT now licensed in? WhiteBIT has built its expansion strategy around compliance credentials. The exchange holds European exchange and custody authorizations and was the first platform to earn Level 3 certification under the Cryptocurrency Security Standard from the CryptoCurrency Certification Consortium. In April, WhiteBIT obtained a broker license from Georgia’s National Bank , allowing it to trade crypto derivatives, including perpetual futures, in the country. In December 2025, it entered the US market with an independent entity and operational licenses in hand. It stated that it has plans for a New York headquarters. The company also signed a partnership with Saudi conglomerate Durrah AlFodah Holding in November 2025 to pursue blockchain infrastructure and tokenization projects in the Kingdom. WhiteBIT claims that more than 35 million users globally are through its W Group parent. The platform was founded by Nosov in 2018 and registered in Lithuania. CoinMarketCap data shows that the exchange reportedly handles over $1 billion in daily spot trading volume. However, it holds plans to expand its product lineup and local presence as the market moves ahead. If you're reading this, you’re already ahead. Stay there with our newsletter .
20 May 2026, 13:30
Coinbase Lists Nexus (NEX), Expanding Altcoin Access for Retail Traders
BitcoinWorld Coinbase Lists Nexus (NEX), Expanding Altcoin Access for Retail Traders Coinbase, one of the largest publicly traded cryptocurrency exchanges in the United States, has announced the listing of Nexus (NEX), a token associated with the decentralized cloud computing and blockchain infrastructure project. The listing, confirmed on the company’s official exchange status page, makes NEX tradable against USD and USDT on Coinbase’s advanced trading platform, Coinbase Advanced. Details of the Listing The listing follows a standard Coinbase review process, which evaluates a token’s technical security, compliance with regulatory standards, and market demand. NEX is now available for trading on Coinbase.com and via the Coinbase mobile app. The exchange has designated the asset with an ‘Experimental’ label, a tag applied to newer or lower-volume tokens to inform users of potential higher volatility and reduced liquidity compared to major assets like Bitcoin or Ethereum. Nexus is a project that aims to build a decentralized supercomputer network, allowing users to rent out computing power for tasks such as AI training and scientific research. The NEX token is used for transaction fees, staking, and governance within the network. The project has been operational for several years and has a development team based in multiple jurisdictions. Market Implications and Trader Considerations Listings on Coinbase have historically been associated with increased price volatility and trading volume for the newly listed asset. However, the ‘Experimental’ label serves as a caution. Traders should be aware that NEX may experience wider bid-ask spreads and less predictable price action in the initial days of trading. For Coinbase, the addition of NEX continues a trend of expanding its altcoin offerings beyond the top 20 cryptocurrencies by market capitalization. This strategy aims to attract a broader user base looking for exposure to emerging blockchain projects, while also generating additional fee revenue from increased trading activity. Why This Matters to Investors For holders of NEX, the Coinbase listing significantly improves liquidity and accessibility. Previously, NEX was primarily available on smaller, less regulated exchanges. The move onto a major U.S. exchange like Coinbase provides a more straightforward on-ramp for institutional and retail investors who prefer to trade on platforms with strong compliance reputations. It also potentially paves the way for future listings on other major platforms, as Coinbase’s due diligence is often seen as a positive signal by other market participants. Conclusion The listing of Nexus (NEX) on Coinbase represents a notable step for the project, offering it greater exposure and liquidity within the regulated U.S. crypto market. While the ‘Experimental’ tag advises caution, the move underscores Coinbase’s ongoing effort to diversify its asset listings and cater to demand for niche altcoin projects. Investors should conduct their own research into the Nexus project’s fundamentals and market dynamics before trading. FAQs Q1: What is the ‘Experimental’ label on Coinbase? The ‘Experimental’ label is a designation Coinbase uses for assets that are newer, have lower trading volume, or are otherwise considered higher risk. It serves as a warning to users that the asset may have higher volatility and less liquidity than established cryptocurrencies. Q2: How does a Coinbase listing typically affect a token’s price? Historically, a Coinbase listing has often led to a short-term price increase due to increased visibility and access to a larger pool of buyers. However, this is not guaranteed, and prices can also correct after the initial surge. The ‘Experimental’ label may moderate this effect. Q3: Is Nexus (NEX) a good investment? We cannot provide investment advice. The decision to buy or sell NEX should be based on your own research into the Nexus project’s technology, team, roadmap, and market position, as well as your personal financial goals and risk tolerance. A Coinbase listing is a positive signal for accessibility but does not guarantee the project’s long-term success. This post Coinbase Lists Nexus (NEX), Expanding Altcoin Access for Retail Traders first appeared on BitcoinWorld .
20 May 2026, 13:03
IronWallet vs Coinbase Wallet: Two Approaches to Multi-Chain Self-Custody
Both IronWallet and Coinbase Wallet are non-custodial multi-chain wallets, but they take meaningfully different approaches to multi-chain self-custody wallet design. Searches for "Base App vs IronWallet" surface the same comparison, since Coinbase Wallet was rebranded as Base App in July 2025, though most users still search and refer to it by its original name in 2026. IronWallet focuses on privacy-first self-custody with gasless stablecoin transfers, WalletConnect Pay integration, and a deliberately minimal feature set. Coinbase Wallet pairs self-custody with the broader Coinbase ecosystem, optional account integration, and Base Pay for Base Pay USDC checkout. Architecturally, the two wallets look similar. Their philosophies, network priorities, and payment paths differ enough that any honest non-custodial crypto wallet comparison ends with the same conclusion: the right choice depends on what the user actually wants from a wallet. How Each Wallet Handles Keys and Recovery The IronWallet and Coinbase Wallet architecture comparison starts with what both wallets share. Each wallet keeps private keys on the user's device. Each uses a 12-word recovery phrase as the primary backup. Each operates as fully non-custodial: no one but the user can authorize transactions, and no one but the user can recover access if the seed phrase is lost. IronWallet layers double-key encryption on top of standard on-device key storage. Signup requires no email, no phone number, and no identity verification at any step. The wallet runs on iOS and Android only, with no browser extension. Coinbase Wallet offers an additional passkey recovery option alongside the standard seed phrase flow. Users can optionally link a Coinbase exchange account for smoother on-ramp funding, though the wallet works without one. Coinbase Wallet is available on mobile and as a browser extension, giving desktop users an in-browser dApp signing flow. Recovery trade-offs differ. IronWallet's seed-phrase-only model puts complete responsibility on the user with no third-party dependency. Coinbase Wallet's passkey route trades seed management for device and cloud account security, depending on which path the user chooses at setup. Network Support and Multi-Chain Coverage IronWallet supports Bitcoin, Ethereum, Solana, BNB Chain, Tron, Polygon, Base, and several other networks, with more than 10,000 assets total. The wallet was built around multi-chain stablecoin use, with gasless USDT on Tron and gasless USDC on Ethereum as anchor features. Coinbase Wallet supports Ethereum, Solana, Bitcoin, Base (Coinbase's own Layer 2), Polygon, BNB Chain, Optimism, and Avalanche, covering roughly 5,000+ cryptocurrencies. The wallet's design leans toward Base, the network Coinbase built and continues to expand, with most new feature rollouts arriving on Base first. Multi-chain coverage looks similar in raw network count, but the priorities differ. IronWallet treats Tron as a first-class network, which matters because Tron carries roughly half of all USDT circulating supply and most USDT transfer volume in 2025. Coinbase Wallet does not currently support Tron natively, which limits its utility for stablecoin users sending TRC-20 USDT. Stablecoin holders on multiple networks gain a practical advantage from IronWallet's Tron coverage. Users primarily on Base or Ethereum will find that Coinbase Wallet's deep ecosystem integration matters more. WalletConnect Pay vs Base Pay: Two Payment Standards Stablecoin payment support exists in both wallets, but through different infrastructure. IronWallet handles gasless USDT transfers on Tron and gasless USDC transfers on Ethereum. The network fee comes out of the stablecoin itself, removing the need to hold TRX or ETH separately for gas. The wallet integrates WalletConnect Pay, the cross-wallet payment standard that supports more than 700 wallets globally and runs on Ingenico point-of-sale terminals across 32 countries . WalletConnect Pay accepts multiple stablecoins (USDC, USDT, EURC, BNB) across multiple networks (Polygon, Base, Arbitrum, Ethereum, BNB Smart Chain). Coinbase Wallet uses Base Pay, Coinbase's own USDC checkout system. Base Pay integrates directly with Shopify merchants, offers 1% cashback for US-based users, and processes payments in USDC on Base. The system is excluded from the European Union and Canada at launch. A direct comparison shows the structural differences: Feature WalletConnect Pay Base Pay Wallet support 700+ wallets, including IronWallet Coinbase Wallet only Stablecoins accepted USDC, USDT, EURC, BNB USDC only Networks Polygon, Base, Arbitrum, Ethereum, BNB Smart Chain Base Merchant infrastructure Ingenico POS terminals in 32 countries Shopify integration Geographic availability Available globally Excludes EU and Canada Incentives None at the standard level 1% cashback for US users Architecture Neutral, cross-wallet Coinbase-anchored, single-wallet Payment ecosystems serve different user types. WalletConnect Pay is a multi-wallet, multi-chain, multi-stablecoin designed as a neutral payment infrastructure across the industry. Base Pay is Coinbase-anchored, USDC-only, and tied to Shopify and Coinbase's own merchant integrations. A stablecoin holder using TRC-20 USDT has practical payment options through IronWallet that Coinbase Wallet does not currently match. A user shopping on Shopify with USDC on Base has a smoother flow through Coinbase Wallet than IronWallet currently delivers. No-Account Architecture and Portable Identity IronWallet collects no identity information. No email, no phone number, no KYC at any step. The wallet has no concept of a linked account or external identity. Connecting to dApps through WalletConnect leaves no portable identity trail. Coinbase Wallet introduced "Sign in with Base" as part of its expanded identity layer. The feature creates a smart account identity that follows the user across compatible dApps and chains, similar to "Sign in with Google" for Web3. Optional Coinbase exchange account linking adds another identity tie, useful for funding flows but visible to Coinbase. Each model carries a direct trade-off: convenience and portable identity, or minimal surface and no identity tracking. IronWallet chose the second; Coinbase Wallet offers both paths with the integrated identity as the default. Privacy-conscious users seeking protection from data correlation will find IronWallet's no-account-required architecture hard to match. People who value portable identity across dApps and don't mind the surface will prefer Coinbase Wallet's integrated approach. Choosing Between IronWallet and Coinbase Wallet Honest segmentation of the self-custody crypto wallet choice by user need: IronWallet fits users prioritizing: privacy from identity collection, no-KYC architecture, stablecoin payments via WalletConnect Pay, gasless TRC-20 USDT use, mobile-first workflows, multi-chain stablecoin coverage, including Tron Coinbase Wallet fits users prioritizing: Coinbase ecosystem integration, Base network use, Shopify checkout via Base Pay, USDC-focused payments, browser extension workflows, portable Web3 identity through Sign in with Base Both wallets fit users wanting non-custodial multi-chain self-custody with on-device key storage and seed phrase recovery These wallets are not direct replacements. A user with stablecoin holdings spread across Tron and Ethereum will get more practical use from IronWallet. A user spending USDC on Shopify or operating heavily on Base will get more practical use from Coinbase Wallet. Many crypto users benefit from holding both for different scenarios. Bottom Line Two approaches to multi-chain self-custody. IronWallet leans privacy-first, payments-ready, and deliberately minimal in feature set. Coinbase Wallet leans ecosystem-integrated, identity-portable, and tied closely to Base and Coinbase's broader infrastructure. Each wallet is genuinely non-custodial. Each supports multiple networks. Each works as an everyday wallet for stablecoin users. The choice depends on what the user values: identity-free privacy and broad stablecoin network coverage on one side, ecosystem convenience and Base-native payments on the other. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
