hodler

14 May 2026, 17:00

Kraken Custody expands SPL token support for Solana builders and institutions

From DeFi and DePIN to payments, consumer apps, memecoins and tokenized assets, the Solana ecosystem continues to thrive and attract builders creating markets that move at the speed of the internet. As that activity grows, so does the need for institutional infrastructure that can support it. Today, we’re excited to announce expanded SPL token support for Kraken Custody , providing institutions, protocols and Solana ecosystem participants more ways to safeguard assets within Kraken’s qualified custody solution. Purpose-built for the internet capital markets era For Solana founders, custody is a strategic infrastructure decision. Protocol treasuries, ecosystem funds, market making allocations, investor distributions and operational reserves all require controls that can scale with the organization. As projects grow, the qualified custody model must support internal governance, approval workflows, asset segregation and transparent operational processes without slowing teams down. Kraken Custody is designed for that reality. With support for complex organizations, vault-level permissions, role-based approvals and policy enforcement, Kraken Custody helps institutions align asset operations with internal governance while reducing single points of failure. It also enables clients to participate onchain from a qualified custody solution, including the ability to trade or stake directly from custody where available. Expanded SPL token coverage Kraken Custody now supports an expanded set of SPL tokens, including RENDER, JITOSOL, PUMP, PENGU, BONK, VIRTUAL, ZBCN, MSOL, 2Z, RAY, FARTCOIN, WIF, JTO, HNT, JUP, PYTH, CASH and GRASS. This update broadens Kraken Custody’s support for Solana-native assets across several of the ecosystem’s most active categories, including liquid staking, DeFi, infrastructure, DePIN, consumer communities and emerging onchain capital markets. For institutions, this means more flexibility to custody Solana ecosystem exposure through a trusted provider. For founders, it means Kraken is continuing to expand the infrastructure layer available to Solana projects as they mature from early growth to institutional participation. For high-net-worth individuals, you can now secure your assets with Kraken Custody where you can trade, stake, hold, and manage strategies directly from qualified custody, reducing the need for multiple vendor coordination. From qualified custody to coordinated launch support This SPL token expansion also strengthens the role of Kraken 360 for protocol teams. Kraken 360 brings together launch support across liquidity, listings, qualified custody, compliance, token operations, treasury and ecosystem growth, giving founders a more coordinated path before, during and after launch. For Solana builders, expanded SPL custody support is an important part of that stack: it helps teams plan treasury operations, support institutional holders and prepare for the operational demands that come with broader market participation. As Solana continues to advance the internet capital markets development, founders need partners that understand both crypto-native speed and institutional-grade requirements. Kraken sits at that intersection. Secure, qualified custody for institutional participation Kraken Custody supports 200+ assets and is built with secure, cutting-edge MPC and HSM-based key storage and policy enforcement, verifiable onchain infrastructure and bankruptcy-remote accounts, so client assets stay segregated. Custody services are provided through regulated Kraken entities in the U.S. and EU, with Kraken Financial in the U.S. and Payward Europe Solutions Limited in the EEA. Clients can also access Kraken Prime from custody, enabling institutional clients to connect secure asset storage with liquidity, trading, managed strategies, and financing capabilities. The mission continues Since day one, Kraken’s mission has been to accelerate the global adoption of crypto and expand access to financial freedom. As digital assets evolve from a niche technology into the foundation for internet-native financial systems, that mission increasingly depends on infrastructure that can bridge crypto-native innovation with institutional participation. Solana has emerged as one of the leading environments for that transformation. Builders across the ecosystem are creating faster, more open and more accessible financial applications for a global user base. As these networks scale, qualified custody infrastructure becomes an important part of helping the ecosystem mature responsibly. By expanding SPL token support within Kraken Custody, we’re continuing to invest in the infrastructure that helps founders, institutions and long-term ecosystem participants engage with Solana confidently and securely. This is about more than supporting additional assets. It’s about helping expand access to the next generation of internet-native financial markets. Explore Kraken Custody Custody services are provided by Payward Financial, Inc. or Payward Europe Solutions, Ltd, as applicable. Payward Financial, Inc. d/b/a Kraken Financial is not an FDIC-insured bank and deposits are neither insured by nor subject to the protections of the FDIC. Payward Europe Solutions Limited, trading as Kraken, is regulated by the Central Bank of Ireland. Projected annual rate is an estimate based on the average staking rewards accrued over the past period, before commission, and is subject to change. Staking involves risks including no guarantee of rewards, potential loss from slashing or hacks, and depreciation in the value of assets while staked. Please refer to Kraken’s Terms of Service for additional information. Geographic restrictions apply. The post Kraken Custody expands SPL token support for Solana builders and institutions appeared first on Kraken Blog .

14 May 2026, 17:00

Uniswap exchange outflows boom – Are whales accumulating or preparing to sell?

If the past two weeks' momentum can be sustained, UNI could move as high as the $5.14-$5.77 area.

14 May 2026, 16:59

Kraken moves $292 million to chainlink CCIP after hack

🚨 Kraken moves $292 million to Chainlink CCIP after a major hack. All of the exchange’s cross-chain wrapped assets will now rely on $LINK’s CCIP protocol for transfers and security. 🔍 Key point: Major competitors like Coinbase are also making similar moves following recent bridge attacks. Continue Reading: Kraken moves $292 million to chainlink CCIP after hack The post Kraken moves $292 million to chainlink CCIP after hack appeared first on COINTURK NEWS .

14 May 2026, 16:43

Hyperliquid Taps Coinbase for Major USDC Liquidity Role

Coinbase announced a strategic partnership with Hyperliquid to become the official treasury deployer of USDC on the network. On-chain indicate multi high-network individuals and firms have poured million into accumulated HYPE despite the price consolidation between $45 to $35 since last months Hyperliquid price witnessed a steady mid-term uptrend resonating with the channel pattern of the daily chart. The Hyperliquid price is up 6.68% during Thursday’s U.S. market hours to trade at $41. The uptick follows Bitcoin’s sustainability above the $79,000 support after the macroeconomic pressure kept bearish sentiment high due the hotter than expected U.S. inflation data released yesterday. However, the HYPE coin shows strong resilience above the $38.7 floor amid its partnership announcement with Coinbase and active accumulation from high-networth investors. Coinbase Strengthens Onchain Strategy with Key USDC Role on Hyperliquid Coinbase is expanding its footprint in decentralized finance by becoming the official treasury deployer of USDC on Hyperliquid, one of crypto’s fastest-growing trading platforms. The two companies announced their partnership on Thursday . The agreement will see Coinbase handle and provide the liquidity directly into Hyperliquid’s trading infrastructure via the network’s Aligned Quote Asset (AQA) system. This integration allows for the smooth integration of stablecoin reserves into the exchange and enables the protocol to benefit from the income generated by the reserves. In the process, Native Markets, which built Hyperliquid’s native stablecoin USDH, will hand over rights to the USDH brand assets to Coinbase. During a migration time period USDH will remain convertible to USDC or fiat before being phased out over time. The move supports Coinbase’s broader effort to grow USDC adoption beyond Ethereum and centralized exchanges, especially as competition among stablecoin issuers intensifies. This year Hyperliquid has been a high-performing project, attracting traders because of its high-performance perpetual futures trading experience: low fees, high liquidity, tight spreads and smooth experience similar to the top centralized exchanges. Trading activity has ramped up, with daily supply of USDC trading on the network increasing by approximately a factor of 2 compared to one year ago, currently standing at ~$5 billion. Coinbase and Circle have positioned themselves at the center of this booming platform, providing them with increased exposure to the thriving speculative trading and tokenization scene. Native Markets highlighted that Coinbase’s involvement as a major regulated player will boost Hyperliquid’s liquidity and credibility. This partnership is part of a broader industry trend where stablecoins are becoming more integral to key trading and collateral and treasury systems that need to operate around the clock, worldwide. Coinbase believes that this is a step towards creating a more cohesive on-chain capital markets landscape that will allow for smooth transactions both within the blockchain space and from fiat to crypto assets and vice versa over the blockchain rails. Whale Wallets Pour Millions Into HYPE Despite Price Dip HYPE’s recent activity has seen large cryptocurrency investors invest tens of millions of dollars on the platform. One address deposited more than $7 million in USDC with several limit buy orders ranging from approximately $31 to $36. Another transferred $2.43 million and straight away bought over 62,000 tokens at the time. Another wallet belonging to a16z , a venture capital firm, has just added another 50,000 HYPE for close to $2 million over the past eight hours. Over the past month, this same wallet has netted 1.64 million tokens worth approximately $69 million, but the wallet is now in the red with over $6 million. Such concentrated buying by sophisticated players points to sustained conviction in the asset even amid short-term price pressure. HYPE Open Interest Slump Hints at Cooling Trader Sentiment The Hyperliquid open interest (OI),Open Interest (OI), projecting the outstanding value of outstanding futures and options contracts has witnessed notable decline. According to Coinglass data , the HYPE’s OI value has declined from $1.93 billion to current value of $1.54 billion, registering a 20% drop. This decline in open interest indicates that futures traders are either liquidated due to sudden market movement or reducing their exposure to HYPE amid rising market uncertainty. If the falling open interest accompanies a price correction, it suggests the current downtrend is being driven by fading buying interest rather than aggressive short buildup. However, the reduced leverage in the market could also help stabilize volatility and lay the foundation for a healthier recovery once fresh demand returns. Hyperliquid Open Interest Historically, this divergence of whale buying and retail cautiousness has often coincided with major market reversal or sustained recovery in price. Hyperliquid Price Eyes Next Recovery Leap Within Channel Pattern Since mid-January, the Hyperliquid price has witnessed a sustained recovery from $20.48 to $42.8, registering a gain of 106%. Interestingly, the upswing resonated strictly within two parallel trendlines which acted as a dynamic resistance and support for traders. Until the two trendlines are intact, the Hyperliquid HYPE 8.71% price could drive a steady higher high and higher low trend. The intraday jump of nearly 9%, the coin price rebounded from the support region around the channel’s bottom trendline. The previous reversal from the channel support managed to bolster a rally of 70% to $87. Thus, the recent reversal is expected to renew the bullish momentum in HYPE, potentially driving another 30% surge to $55. The HYPE price positioned above the key daily exponential moving averages (20, 50, 100 and 200) indicate broader market bullish sentiment. These EMA slopes could continue to act as dynamic support for buyers. HYPE/USDT -1d Chart The momentum indicators RSI (Relative Strength Index) at 54% further reinforces the recovery potential of this asset. On the contrary, if the new-driven rally failed to hold the Hyperliquid price above $38 floor, the sellers could attempt a bearish breakdown below the channel support. A possible breakdown below the dynamic resistance will invalidate the aforementioned bullish thesis, and drive an expected correction in price.

14 May 2026, 16:08

Can Tokyo and New Delhi build a third force in global AI?

AI innovation is dominated by the U.S. and China. It’s a polarizing contest which has Japan partnering with India to develop “trustworthy AI.” Japan and India have solidified an AI-centered partnership after holding a series of technology events and government-led discussions spanning AI governance, semiconductor supply chains, data centers and domestic language AI models. In late April, the two countries held their first strategic dialogue alongside an AI-startup event in Mumbai and Bengaluru. The event culminated in Japanese AI startup ONESTRUCTION and India’s DataKaveri Systems signing a memorandum of understanding (MOU) to expand AI collaboration. ONESTRUCTION said the agreement allows for the technical exchange of urban and construction data as well as AI applications. According to the company, construction-related data is the least digitized and most fragmented form of global data. They plan to jointly develop AI use cases for smart cities and urban infrastructure. “Japan has very strong domain knowledge in manufacturing and construction. But it struggles to scale with agility and speed. India excels at all of that,” said CEO Lucas Haywood on February 16. What is driving the Japan-India AI alliance? Japan is racing to incorporate AI into its economic security agenda as the technology becomes an economic battleground. In November 2025, Prime Minister Sanae Takaichi unveiled a new economic strategy headquarters focusing on AI, semiconductors, aerospace, and defense. It’s aimed at revitalizing the country’s industrial base with government investment. At the same time, India is emerging as an AI innovation hub and talent powerhouse. It ranks third globally in AI vibrancy behind the U.S. and China, according to the 2025 Stanford AI Index Report. At India’s AI Impact Summit in February, Japanese and Indian industry leaders praised the partnership as being deeply complementary. “If India with its skill set, innovation and large market combines that with the diligence, governance, trust and reliability of Japan, we can serve not only our own countries but the entire Global South,” said Sunil Gupta, CEO of Yotta, an Indian data and cloud service provider. Japan and India’s AI partnership began with the Japan-India AI Cooperative Initiative and the subsequent India and Japan Digital Partnership 2.0 MOU in August 2025. The MOU serves as the blueprint for integrating Japan’s industrial and hardware strengths with India’s software, talent and digital infrastructure ecosystem. The partnership could help scale Indian AI adoption across the 1,400 Japanese companies that operate in India. Sovereign AI ecosystems Japan is looking to ‘sovereign AI’ as a geopolitical alternative aimed at ensuring data sovereignty, security and independent control of software, computing and networks. The U.S. hosts the world’s leading AI research, chip stack and cloud companies, namely, OpenAI, Anthropic, Meta AI, Nvidia , and Google DeepMind. China, on the other hand, excels at mass industrial AI deployment and coordination which generate massive datasets. It has an extensive state-backed data ecosystem through platforms such as Tencent, Alibaba, ByteDance, and Baidu. At India’s AI Impact Summit in February, Takahito Tokita, CEO of Japanese tech giant Fujitsu, stressed that AI must not only protect “human dignity” but also respect what he called the “dignity of data.” Linguistic and cultural nuance is also seen as being at risk with the rise of American AI technology. “AI solutions that are able to adapt to languages effectively become very crucial. Best practices that are tailored to individual languages can be shared among our two countries,” said Lucas Haywood, CEO of ONESTRUCTION. What is Japan’s “Trustworthy AI” campaign? Japan’s diplomatic campaign centers around the catchphrase of “safe, secure and trustworthy AI.” The concept can be traced back to Japan’s 2023 G7 presidency where it launched the ‘Hiroshima AI Process’ inspired by Hiroshima’s post war legacy of international peace. The initiative seeks to develop international standards and a voluntary code of conduct for consumer and industrial AI tools . As of 2026, 60 countries have agreed to cooperate on principles around AI safety, transparency, and responsible AI development. But the bigger question is whether Japan can persuade the wider international community to choose collaboration over competition. If you're reading this, you’re already ahead. Stay there with our newsletter .

14 May 2026, 15:40

Kraken Adopts Chainlink CCIP as Cross-Chain Standard, Replacing LayerZero

BitcoinWorld Kraken Adopts Chainlink CCIP as Cross-Chain Standard, Replacing LayerZero Kraken, one of the largest cryptocurrency exchanges by trading volume, has officially adopted Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as its standard for cross-chain communication, replacing the previously used LayerZero protocol. The decision, first reported by CoinDesk, marks a significant shift in the exchange’s infrastructure strategy and reflects growing concerns within the industry about cross-chain bridge security. Why Kraken Made the Switch The move away from LayerZero comes in the wake of a security incident involving Kelp DAO’s rsETH token, where a LayerZero-powered cross-chain bridge was exploited. While the exploit was not a direct vulnerability in LayerZero’s core protocol, it raised serious questions about the security posture of the ecosystem built around it. For an exchange like Kraken, which handles billions of dollars in user assets daily, the risk tolerance for such infrastructure is extremely low. Chainlink’s CCIP offers a different approach. It is designed with a defense-in-depth model, including a decentralized oracle network, multiple independent risk management networks, and a rate-limiting mechanism to prevent large-scale fund drains. These features align more closely with the security requirements of a regulated exchange. Industry Context: The Cross-Chain Security Landscape Cross-chain bridges have been a persistent vulnerability in decentralized finance. Since 2021, over $2.5 billion has been lost to bridge exploits, according to data from DeFiLlama. High-profile incidents include the Ronin Bridge hack ($620 million), the Wormhole exploit ($326 million), and the Nomad bridge collapse ($190 million). These events have made security the single most important factor for institutions selecting cross-chain infrastructure. Kraken’s decision is not an isolated event. Several other major protocols and exchanges have been quietly migrating away from less secure bridge solutions toward more robust, oracle-backed systems. The trend suggests a maturation of the industry, where security audits and theoretical guarantees are no longer sufficient — real-world incident response and proven resilience are now the deciding factors. What This Means for LINK and ZRO Tokens Chainlink’s native token, LINK, has historically benefited from major adoption announcements. The Kraken deal reinforces LINK’s position as the leading oracle network and cross-chain solution. Conversely, LayerZero’s ZRO token faces headwinds. While LayerZero remains widely used, losing a partner of Kraken’s caliber sends a negative signal to the market about the protocol’s perceived security and institutional trust. However, it is important to note that LayerZero continues to be developed and has a strong technical team. The company has stated it is implementing additional security measures. The market will ultimately decide which protocols earn long-term trust. Conclusion Kraken’s adoption of Chainlink CCIP is a pragmatic response to the evolving security landscape in cross-chain technology. For users, the change means potentially safer and more reliable cross-chain transactions on one of the world’s most prominent exchanges. For the industry, it underscores a fundamental truth: in decentralized finance, trust is earned through proven resilience, not just code audits. As cross-chain activity continues to grow, expect more exchanges to follow Kraken’s lead in prioritizing security over all else. FAQs Q1: What is Chainlink CCIP? Chainlink CCIP (Cross-Chain Interoperability Protocol) is a secure messaging protocol that enables different blockchains to communicate and transfer data or tokens. It is built on Chainlink’s decentralized oracle network and includes multiple security layers to prevent hacks. Q2: Why did Kraken stop using LayerZero? Kraken’s decision was influenced by a security incident involving Kelp DAO’s rsETH, where a LayerZero-powered bridge was exploited. While the vulnerability was not in LayerZero’s core code, the incident raised concerns about the overall security of the ecosystem, prompting Kraken to switch to a more robust solution. Q3: Does this affect Kraken users directly? Yes. Users who perform cross-chain transactions through Kraken will now be routed through Chainlink CCIP instead of LayerZero. This should result in the same user experience but with enhanced security guarantees. No action is required from users. This post Kraken Adopts Chainlink CCIP as Cross-Chain Standard, Replacing LayerZero first appeared on BitcoinWorld .