Binance News

According to the announcement from Binance, the platform will temporarily suspend deposits and withdrawals of tokens on the Polygon (POL) network starting approximately on 2026-05-21 at 13:00 (UTC). This suspension is to facilitate a network upgrade and hard fork aimed at enhancing user experience. The upgrade is scheduled to occur at block height 87,218,600, which is expected to be reached around 2026-05-21 at 14:00 (UTC).
The trading of tokens on the Polygon network will remain unaffected during this period. Binance assures users that it will manage all technical requirements associated with the upgrade. Once the network is confirmed to be stable post-upgrade, deposits and withdrawals will be resumed without further announcements.

According to CoinDesk, the U.S. Securities and Exchange Commission has proposed the most sweeping overhaul of registered offering rules in more than 20 years, aimed at reversing a long-term decline in U.S. public listings by cutting compliance costs and simplifying capital raising. The package would allow newly public companies to use shelf registrations immediately after an IPO — scrapping the current roughly one-year waiting period and eliminating the $75 million public float requirement tied to unrestricted shelf offerings. Companies would also be able to pre-register securities and sell shares quickly when market conditions improve, a flexibility that could prove critical for crypto firms operating in volatile markets. The proposal would expand streamlined regulatory accommodations to roughly 75% of listed firms, up from the current 36%, and raise the large accelerated filer threshold from $700 million to $2 billion in public float — with companies needing to exceed it for two consecutive years before facing the SEC's toughest audit and reporting requirements. Newly listed companies would also remain exempt from strictest reporting for at least five years.
The reforms do not create crypto-specific rules but signal a broader SEC shift toward encouraging capital formation. The rules are open for 60-day public comment.

Japan's Financial Services Agency (FSA) has finalized rules allowing foreign-issued trust-type stablecoins into its payment system, effective June 1, according to BeInCrypto. This regulatory change reclassifies qualifying foreign trust-type stablecoins as Electronic Payment Instruments under the Payment Services Act, integrating them into Japan's financial infrastructure. The reform requires foreign issuers to meet Japanese standards on licensing, auditing, and anti-money laundering. Domestic intermediaries will verify compliance, with major players like SBI VC Trade preparing for licensed services involving stablecoins such as USDC. This move could accelerate global capital inflows and expand payment applications.

The Commodity Futures Trading Commission and the US Department of Justice sued Minnesota, Governor Tim Walz and other state officials on Tuesday over what the agencies describe as the nation's first outright ban on prediction markets, The Block reports. The lawsuit, filed less than 24 hours after Walz signed SF 4760 into law, argues that Minnesota is unlawfully attempting to regulate federally overseen derivatives that fall under the CFTC's "exclusive jurisdiction." The CFTC called the ban a "flagrant and unprecedented incursion" and is seeking a preliminary and permanent injunction before the law takes effect on Aug. 1.
The complaint also challenges provisions extending criminal liability to banks, payment processors, media organizations and sports leagues — including MLB, the NHL, Fox, Dow Jones and the Wall Street Journal — that partner with prediction market platforms. The suit is the latest escalation in a widening jurisdictional clash that has seen the CFTC sue Illinois, Arizona and Connecticut over similar state-level efforts to restrict platforms like Kalshi and Polymarket.

Kevin Warsh, the designated Chair of the Federal Reserve, has sold a significant portion of his financial assets as part of his commitment to divest before assuming his new role. According to Odaily, recent government documents reveal this move as a crucial step in addressing controversies surrounding his nomination.
Warsh, known as one of the wealthiest Federal Reserve officials in history, received an 'Asset Divestiture Certificate' dated May 16 from the U.S. Office of Government Ethics (OGE). The documents indicate that he has sold investments worth at least $100 million, although the underlying assets were not previously disclosed. However, the documents did not include two assets Warsh had pledged to sell before taking office, each valued between $250,000 and $500,000.
Warsh's financial disclosure during his nomination process showed assets totaling at least $192 million. Due to the range-based reporting format, it is widely believed that his actual wealth could be higher.

Trump Media & Technology Group's Truth Social has filed to withdraw its applications for spot bitcoin and bitcoin-ethereum ETFs, The Block reports, citing SEC filings submitted Monday. The withdrawal covers Form S-1 registration statements originally filed in June 2025. Yorkville America, the funds' sponsor and advisor, said the move is strategic, with President Steve Neamtz stating the Investment Company Act of 1940 framework allows "more differentiated investment strategies" not available under the Securities Act of 1933.
Bloomberg analyst James Seyffart suggested the retreat is driven by intense competition in the spot bitcoin ETF market, particularly after Morgan Stanley's MSBT launched at 14 basis points and attracted over $230 million in inflows. U.S. spot bitcoin ETFs have amassed more than $57.7 billion in cumulative inflows since their landmark approval in January 2024.
Truth Social's ETF applications had faced SEC delays, and an approved fund would have added to President Trump's growing crypto-related ventures including memecoins and World Liberty Financial.

Deloitte has acqui-hired blockchain infrastructure firm Blocknative, with its team set to focus on driving Web3 innovation across the consulting giant's client portfolio, The Block reports. Blocknative, founded in 2018, is now "in the process of ceasing operations," with its API and Gas Network services — which provided real-time mempool monitoring, gas fee prediction and transaction management — expected to operate only through June 19. CEO Matt Cutler said the chapter on "mempool visibility, transaction orchestration, block building, MEV auctions, private order flow, transaction pricing, and more" is closing. It is unclear whether the entire Blocknative team will join Deloitte.

Approximately 60 Ethereum whale addresses, each holding at least 10,000 ETH, have liquidated their positions over the past two months, according to ChainCatcher. Analyst Alicharts suggests that such a rapid exit by entities holding multi-million dollar positions typically indicates institutional profit-taking and asset reallocation. These major players are leveraging recent liquidity to mitigate risk, reflecting a clear lack of confidence in the medium-term outlook. The reduction in whale numbers coincides with significant inflows into exchanges. Data indicates that the path of least resistance in the short term remains downward, highlighting the importance of monitoring Ethereum's $2,000 support level.

USDT has seen an expansion of more than $5 billion over the past month, according to NS3.AI. Despite this growth, the net increase in stablecoin supply was only about $0.9 billion, representing approximately 0.3%. The total stablecoin supply surpassed $300 billion, while USDC, USDe, and PYUSD collectively contracted by around $4.2 billion. The decline in Ethena's USDe was linked to reduced yields due to compressed perpetual funding rates.

A newly disclosed term in the settlement agreement resolving Donald Trump's $10 billion lawsuit against the IRS permanently bars the federal government from pursuing past tax claims, audits or examinations involving the president, his family and his companies, CNN reports. The clause states the government is "FOREVER BARRED and PRECLUDED" from investigating tax returns filed before the settlement date, including matters that "were raised or could have been raised" and those already pending before the IRS. The one-page addendum was signed by acting Attorney General Todd Blanche — Trump's former personal attorney — and surfaced via a hyperlink attached to a DOJ press release. The settlement also creates a nearly $1.8 billion taxpayer-funded "anti-weaponization" compensation fund administered by a commission whose members are chosen by Trump's attorney general and removable by the president. Trump, his family and their entities agreed not to seek payments from that fund.

Crypto infrastructure provider Zerohash is raising fresh capital at a valuation above $1.5 billion after Mastercard abandoned its investment plans, according to CoinDesk, citing people with knowledge of the matter. Mastercard walked away following its $1.8 billion acquisition of UK-based stablecoin infrastructure firm BVNK in March, after earlier advanced talks to acquire the Chicago-based company at up to $2 billion fell through when Zerohash opted to remain independent. Zerohash, which serves more than 5 million users across 190 countries and counts Morgan Stanley, Interactive Brokers, Stripe and BlackRock's BUIDL fund among its clients, was last valued at $1 billion in a $104 million Series D-2 round in September 2025.

Pudgy Penguins (PENGU) has announced the extension of its partnership with Premier League club Manchester City. According to NS3.AI, the project aims to develop products for Manchester City fans globally. Further details regarding the collaboration will be disclosed at a later date.

OpenAI has announced its expansion into Singapore, marking a significant collaboration with the country's Ministry of Digital Development and Information. According to Jin10, this partnership has secured over 300 million Singapore dollars in support, highlighting the growing interest and investment in artificial intelligence within the region. The collaboration aims to enhance digital infrastructure and promote AI-driven innovation across various sectors in Singapore.

Solana co-founder Anatoly Yakovenko has publicly endorsed the development of a native perpetual contract decentralized exchange (DEX) on the Solana Virtual Machine (SVM), aiming to challenge Hyperliquid's dominance in on-chain derivatives trading. According to ChainCatcher, Yakovenko emphasized the need for Solana to build its own perpetual contract infrastructure with atomic composability, viewing it as crucial for maintaining user engagement and on-chain transaction volume. Specific project details and launch timelines have not been disclosed yet.
Recently, a significant portion of perpetual contract trading volume has shifted to Hyperliquid, which has emerged as the leading protocol in the on-chain perpetual contract sector. Meanwhile, Hyperliquid co-founder Jeffrey Yan is engaging with policymakers in Washington to discuss regulatory pathways, including the CLARITY Act legislation concerning crypto derivatives regulation. If passed, the act could provide Hyperliquid with a competitive edge. Solana's native alternative aims to leverage its speed and cost advantages to compete directly, although Hyperliquid's existing network effects and liquidity present substantial entry barriers.

The market value of on-chain Real World Assets (RWA) has exceeded $65 billion, marking a 44% increase from approximately $45 billion at the beginning of the year. According to ChainCatcher, Ethereum currently holds about 33% of the market share, maintaining its position as the primary network for institutional tokenized assets. Provenance Blockchain accounts for around 27%, while BNB Chain, XRP Ledger, and Solana each hold about 6%.
The report highlights that as traditional asset management institutions accelerate the process of bringing assets on-chain, various blockchains are competing to attract institutional issuers. The liquidity of RWA is notably sticky, as once institutions establish tokenization infrastructure on a specific chain, the cost of migration is typically high.

An address linked to Anchorage Digital has purchased 2.34 million HYPE tokens, valued at $112.36 million, over the past month. According to NS3.AI, the majority of these tokens were subsequently transferred to other addresses for staking.

A significant transaction involving 500 million USDT was reported by Whale Alert, indicating a transfer from Spark. According to NS3.AI, the transaction is valued at approximately $500 million. This movement of funds has drawn attention within the cryptocurrency community, highlighting the ongoing activity and liquidity in the market.

Patrick Witt, a digital asset advisor to U.S. President Donald Trump, has indicated that the administration has overcome significant legal challenges and anticipates announcing a U.S. Bitcoin strategic reserve in the coming weeks. According to NS3.AI, Witt stated that the U.S. government has established the necessary legal framework to secure Bitcoin holdings, viewing the cryptocurrency as an integral component of future financial systems.

Analyst @ai_9684xtpa posted on X that a16z, also known as Andreessen Horowitz, has potentially become the sixth-largest holder of the HYPE cryptocurrency. The firm has reportedly accumulated a significant amount of HYPE, with a floating profit of $79.29 million.
In the past 11 hours, a16z has acquired 206,000 HYPE tokens, valued at $9.95 million. Since April 16, the firm has amassed 2.35 million HYPE tokens, worth $102 million. From 2026 onwards, a16z has accumulated 4.92 million HYPE tokens, valued at $183 million.
The accumulation strategy began in August 2025, with a total acquisition of 9.18 million HYPE tokens, valued at $356 million. After accounting for transfers to exchanges and market makers, a16z still holds 8.844 million HYPE tokens, distributed across multiple addresses. This positions a16z as the largest external holder of HYPE, with the top five holders being part of the Hype ecosystem itself.

Solana founder Toly recently shared insights on the role of the Solana Foundation in the ecosystem's development. According to Odaily, Toly emphasized the necessity of product launches before the foundation can engage in promotion and marketing. He noted that feedback from users is crucial for teams to identify areas for improvement.
Toly explained that the foundation faces challenges in pushing initiatives without existing products. Even when providing grants or investments, there must be a product that people are willing to use to accelerate ecosystem growth.

PANews posted on X (formerly Twitter) that the open-source component echarts-for-react, which has a weekly download rate of 1.1 million, was recently compromised with malicious code. The incident also affected hundreds of packages under Alibaba's data visualization suite, AntV. The breach occurred after the developer account 'atool' was hacked, allowing attackers to insert obfuscated code into the underlying components. The infected version 3.2.7 was released for only 19 minutes before vulnerability scans flagged it. The malicious code, named 'Mini Shai-Hulud,' caused the supply chain security score to plummet to zero. SlowMist's Chief Information Security Officer, 23pds, shared the post and advised developers to conduct thorough checks.

A recent alert from crypto influencer @mubeitech has highlighted a significant security issue involving an open-source foundational package, which has been downloaded 1.1 million times weekly. According to PANews, the package has been flagged as known malware, resulting in its supply chain security score dropping to zero. The malware, named 'Mini Shai-Hulud,' has recently caused widespread infection in open-source code repositories.
The list of affected components includes high-frequency tools such as Alibaba's data visualization suite, AntV, with hundreds of packages reportedly injected with malicious code. Other commonly used front-end tools like echarts-for-react and timeago.js have also been compromised. Notably, echarts-for-react alone sees an installation rate of 1.1 million times per week.
The breach originated from the compromise of a regular developer account, with the username 'atool,' which had its permissions stolen.

CoinMarketCap's Altcoin Season Index has decreased to 33, marking a two-point drop from the previous day. According to NS3.AI, this index is used to determine whether altcoins have been outperforming Bitcoin over the past 90 days. A lower index value suggests that Bitcoin has been outperforming altcoins during this period.

The U.S. Central Command announced on May 19 that the U.S. military is actively enforcing a maritime blockade against Iran. According to Odaily, this operation aims to prevent commercial trade from entering or leaving Iranian ports. So far, 89 commercial vessels have been redirected to ensure compliance with the U.S. blockade measures.

A whale associated with a16z has created a new wallet and purchased 206,325 HYPE tokens valued at $9.95 million in the past 10 hours. According to Odaily, the tokens have already been staked. Since April 14, the whale has accumulated a total of 2.34 million HYPE tokens, amounting to $102 million.

A man in his 70s in Shanghai was prevented from withdrawing 100,000 yuan intended for a Bitcoin investment transfer after intervention by bank staff and police. According to NS3.AI, authorities have noted an increase in scams related to Bitcoin investments and retirement wealth management. These scams frequently employ fake profit screenshots and promises of guaranteed returns to deceive individuals.

Hong Kong's automotive sector experienced a downturn with several major stocks recording losses. According to Jin10, BYD Company Limited (01211.HK) and NIO-SW (09866.HK) both saw declines exceeding 3%. Additionally, Beijing Automotive Group Co., Ltd. (01958.HK) dropped over 2%, while Chery Automobile Co., Ltd. (09973.HK) and Geely Automobile Holdings Limited (00175.HK) also followed the downward trend.

The Korea Composite Stock Price Index experienced a 2.1% decline. According to NS3.AI, this downturn occurred after Samsung Pay was unable to finalize an agreement with its union during negotiations.

Citi has forecasted that Brent crude oil prices may reach $120 per barrel in the short term, warning that the oil market is underestimating the risks of prolonged supply disruptions. According to Jin10, if the Strait of Hormuz only gradually reopens in the third quarter, prices could even surge to $150 per barrel. A notable prediction in the report is that global oil inventories are expected to decrease by 1 billion barrels this year. This rapid consumption rate is narrowing the buffer between current supply levels and a genuine 'physical shortage.' The market's ability to absorb further supply disruptions without causing price spikes is diminishing with each passing week. In Citi's 'mid-scenario' forecast for 2027, Brent crude oil prices are expected to remain in the $80 to $90 per barrel range. This projection assumes that Iran will eventually regain control over the shipping routes of the Strait of Hormuz and align crude oil exports with anticipated demand growth, suggesting that once supply normalizes, oil prices could face significant downward adjustments.

The U.S. Justice Department has agreed to a settlement that prevents the Internal Revenue Service (IRS) from suing U.S. President Donald Trump, his eldest son, and the Trump Organization. According to Foresight News, this agreement is part of a resolution to a $10 billion lawsuit Trump filed against the IRS. In exchange, the U.S. government will establish a $1.8 billion fund to aid those claiming to be victims of unjust investigations and prosecutions by previous administrations.
The announcement of the fund on Monday has sparked criticism from Democrats and skepticism from some Republicans on Capitol Hill. Democratic Senator Patty Murray accused Trump of creating a "secret fund" to benefit himself and his associates. Trump, however, stated on Monday that he was not involved in the fund's establishment and claimed to have limited knowledge about it.

The White House is set to release an executive order focused on cybersecurity and artificial intelligence safety as early as this week, according to multiple sources. According to Odaily, the current version of the order aims to enhance cybersecurity measures around advanced AI models and outlines a voluntary framework requiring AI developers to notify the government when releasing new models. If implemented as planned, this move will fulfill the White House's commitment to addressing AI safety concerns.

Samsung Electronics' union in South Korea has announced plans to strike on Thursday. According to Odaily, the union stated that despite the strike, negotiations will continue.

A significant cryptocurrency investor, known as 'Set 10 Big Goals First,' has closed a short position on Bitcoin, resulting in a profit of $12.61 million. According to ChainCatcher, this move highlights the ongoing volatility and profit opportunities within the cryptocurrency market.

According to NS3.AI, an on-chain analyst identified as ai_9684xtpa has reported that a wallet, believed to be associated with a16z, contains 9.18 million HYPE tokens valued at $356 million. This holding suggests an unrealized profit of approximately $79.29 million. The wallet has acquired an additional 206,000 HYPE tokens in the past 11 hours and has accumulated a total of 2.35 million HYPE since April 16, as per the analyst's findings.

The global market capitalization for real-world assets has surged to $65 billion, marking a 44% increase from $45 billion at the beginning of the year. According to NS3.AI, Ethereum plays a significant role in this growth, contributing approximately 33% to the total market cap.

The Australian dollar is experiencing renewed pressure due to a weakening yield advantage and escalating risks in the Middle East. According to Jin10, the Australian dollar has fallen by 0.7% against the U.S. dollar this week, trading around 0.71, making it the weakest performer among G10 currencies. It is on track for a second consecutive weekly decline. AT Global Markets suggests that the AUD/USD pair may soon drop below 0.70. This trend emerges as investors worry that central banks may need to maintain high interest rates to curb inflation driven by oil prices, leading to a sell-off in bonds. Although Australian bonds have also been sold off, the yield spread with U.S. bonds has narrowed to its smallest since November, weakening support for the Australian dollar. If tensions in the Middle East escalate, the Australian dollar could face further declines. Nick Twidale, Chief Market Analyst at AT Global Markets, noted that the Australian dollar has lost some of its yield support. "If the yield spread continues to narrow, the Australian dollar may suffer more than other major currencies. A renewed Gulf conflict would exacerbate the situation, severely impacting the Australian dollar."

South Korean financial markets will be closed on June 3 for local elections, according to the Korea Exchange. This closure will affect the main KOSPI index, the KOSDAQ index focused on technology stocks, as well as exchange-traded funds, derivatives, and commodities markets including oil and gold. According to Jin10, the Korea Exchange also announced that the financial markets will observe a holiday on July 17 for Constitution Day, marking the first time in 18 years that this day will be recognized as a public holiday.

Nomura Securities analyst Park Jeong-woo stated in a report that South Korea's central bank will wait to confirm that interest rate hikes will not disrupt the still fragile domestic economic recovery. According to Jin10, the bank is also seeking evidence of inflationary pressures driven by growth. The report highlights that the spillover effects of the semiconductor supercycle on domestic demand remain limited, maintaining a K-shaped economic growth model. Inflation is primarily driven by the current oil price shock, which supports the central bank's hawkish stance. Nomura noted that conditions for further tightening are not yet mature, as a sustainable recovery in consumption or a rise in inflation expectations has not been confirmed.

On May 20, 2026, 01:51 AM(UTC). According to Binance Market Data, BNB has crossed the 640 USDT benchmark and is now trading at 640.159973 USDT, with a narrowed narrowed 0.57% decrease in 24 hours.

Hong Kong's semiconductor sector continues to strengthen, with Zhaoyi Innovation (03986.HK) rising over 9%. According to Jin10, Semiconductor Manufacturing International Corporation (00981.HK) also saw an increase of more than 5%. Other companies such as Hua Hong Semiconductor (01347.HK) and Innosecco (02577.HK) followed suit with gains.