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  • Kraken parent Payward to buy Reap in $600M stablecoin payments push
  • Polygon reduces block time to 1.75 seconds as payments push accelerates
  • XRP ‘probably going to $12’ as price holds historical bottom zone for months
  • South Korea confirms 22% crypto tax starting January 2027: Report
  • Core Scientific posts $347M loss as AI hosting overtakes Bitcoin mining
  • Morgan Stanley takes on crypto trading rivals with E*Trade pilot
  • Stablecoin industry opposes Bank of England’s unhosted wallet ban
  • OpenTrade raises $17M as CEO sees stablecoin yield tailwinds
  • Why stablecoins and SWIFT may have to coexist
  • Samsung SDS wins deal to build South Korea’s blockchain securities system: Report
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Kraken parent Payward to buy Reap in $600M…

UncategorizedMay 7, 2026

Kraken parent Payward agreed to buy Hong Kong-based Reap for up to $600 million, adding card issuance and stablecoin payment capabilities to its new B2B platform.

Polygon reduces block time to 1.75 seconds as…

UncategorizedMay 7, 2026

Polygon delivered its first block time reduction upgrade since genesis, as the network seeks to position for more high-frequency applications such as private stablecoin payments.

XRP ‘probably going to $12’ as price holds…

UncategorizedMay 7, 2026

XRP is retesting a key multi-year support zone that has historically preceded major rebounds, with analysts predicting a rally toward $12 if the level holds.

South Korea confirms 22% crypto tax starting January…

UncategorizedMay 7, 2026

South Korea’s Finance Ministry has reportedly confirmed for the first time that a 22% tax on crypto gains will proceed as scheduled in January 2027.

Core Scientific posts $347M loss as AI hosting…

UncategorizedMay 7, 2026

Core Scientific mined 279 BTC in the quarter, down 45% from a year earlier, while its colocation business became its top revenue source.

Morgan Stanley takes on crypto trading rivals with…

UncategorizedMay 6, 2026

The Wall Street bank is charging 50 basis points per crypto trade, below basic retail pricing at Coinbase, Robinhood and Charles Schwab.

Stablecoin industry opposes Bank of England’s unhosted wallet…

UncategorizedMay 6, 2026

The crypto industry in the UK has come out against the Bank of England’s proposed policy that would ban custodial wallets for stablecoins.

OpenTrade raises $17M as CEO sees stablecoin yield…

UncategorizedMay 6, 2026

OpenTrade raised $17 million to expand its stablecoin yield platform, bringing total funding above $30 million as it scales stablecoin yield infrastructure for global clients.

Why stablecoins and SWIFT may have to coexist

UncategorizedMay 6, 2026

Remittance firms are using crypto to bypass parts of traditional settlement infrastructure, but this does not mean SWIFT is disappearing.

Samsung SDS wins deal to build South Korea’s…

UncategorizedMay 6, 2026

The Korea Securities Depository platform is expected to go live by February 2027, aligning with South Korea’s incoming security token framework.

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  • Kraken parent Payward to buy Reap in $600M stablecoin payments push
  • Polygon reduces block time to 1.75 seconds as payments push accelerates
  • XRP ‘probably going to $12’ as price holds historical bottom zone for months
  • South Korea confirms 22% crypto tax starting January 2027: Report
  • Core Scientific posts $347M loss as AI hosting overtakes Bitcoin mining

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