The Graph has published a detailed technical roadmap for 2026 that lays out an ambitious plan to transform the protocol from an indexing-focused network into a modular, multi-service data backbone for the on-chain economy. The document, which follows the rollout of the Horizon upgrade in December 2025, frames the next year as one of product expansion, tighter economic alignment, and deeper enterprise readiness for developers, AI agents, and institutional users.
At the heart of the roadmap are three interconnected layers: a protocol layer that preserves permissionless security and payment mechanics, a product layer that introduces purpose-built data services, and an economic layer designed to align incentives across Indexers, Delegators and consumers. The Graph argues that, as blockchains scale and use cases diversify, no single indexing approach can satisfy the full spectrum of needs, from SQL-native analytics and low-latency streaming to compliance-ready, on-premises deployments for institutions, and Horizon’s modular architecture is intended to host those varied services within a unified economic and security framework.
Protocol, Products, Economics Subgraphs, the protocol’s original indexing standard, will remain foundational in 2026 but with a renewed focus on quality, cost efficiency and AI compatibility. The roadmap promises Horizon-based Subgraph services rolling to mainnet in Q1 2026 alongside a Rewards Eligibility Oracle (REO) designed to tie indexing rewards more closely to delivered value, and Indexing Payments (DIPs) to give consumers and partners more direct ways to compensate indexers. Perhaps most notable for downstream AI development is a suite of Subgraph integrations, including x402-compliant gateways and agent-to-agent (A2A) support, that will let AI agents query the network and pay per-query without separate setup keys, widening access for tools such as Claude and ChatGPT.
Beyond Subgraphs, the roadmap maps a clear product expansion. Substreams, already a high-performance streaming service used by DeFi and analytics platforms, is slated for broader execution-client support, a Horizon-based P2P data service MVP, and a sequence of integrity and rewards upgrades through 2026 aimed at reducing latency and improving validator selection. The Graph is also moving to offer a Token API, a production-ready feed of balances, transfers and NFT metadata, and Tycho, a Substreams-built service to simplify access to on-chain liquidity and DEX pricing for trading systems and market makers. Amp, meanwhile, is presented as a blockchain-native, SQL-first database targeted at institutions that need verifiable, auditable and low-latency analytics for regulated workflows.
Economically, the foundation of the plan is straightforward but consequential: more diversified data services should drive higher protocol activity, increased fee flows, potential token burns and greater staking demand. The roadmap outlines how issuance and rewards will be redirected across services, how REO will set performance-based eligibility standards, and how liquid staking and cross-chain bridges for GRT (already extended to networks like Arbitrum, Base and Avalanche) will help institutional participants allocate capital more efficiently. These measures, the authors say, aim to turn The Graph into a two-sided market where supply and demand reinforce each other over time.
Industry observers and outlets have already flagged the roadmap as a clear statement of intent: to move from a single-product protocol to an extensible data platform capable of meeting the specialized needs of developers, AI systems and financial institutions. If the timelines hold, with major milestones scheduled through Q4 2026, including the public Tycho beta, Substreams mainnet, Amp’s SQL platform work and liquid staking phases, The Graph could well cement its role as a critical data layer for web3 applications.
For developers and projects already built on Subgraphs, the roadmap promises smoother economics and better tooling; for enterprises, it signals a path to compliant, auditable data services; and for the broader ecosystem, it presents a simple thesis: more services, more usage, more value captured by the protocol. The blog is the first in a two-part series, with a follow-up post expected to unpack the Foundation’s strategic priorities and ecosystem initiatives to ensure the technical plans translate into on-chain reality. Readers who want to track progress are invited to follow the community calendar, sign up for the newsletter, and join upcoming quarterly calls for live updates.
AUTHOR
Mushumir Butt is a seasoned crypto journalist with over three years of experience reporting on the world of blockchain and cryptocurrency. At Blockchain Reporter, he delivers insightful news, in‐depth project reviews, and precise price analysis and predictions. With a strong background in SEO and digital marketing, Mushumir excels at breaking down complex trends into clear, accessible content, ensuring readers stay ahead in the fast‐paced crypto space.
Ethereum remains the largest smart contract ecosystem by total value locked, active developers, and deployed applications. For teams building on top of it, the API layer determines how quickly they can ship, how reliably their applications perform, and how much infrastructure they end up managing themselves.
That decision has become more complex in 2026. AI agents are entering the Ethereum ecosystem in growing numbers, handling tasks that range from autonomous portfolio rebalancing to DeFi yield optimization. These agents need structured, real-time data delivered through interfaces that software can consume without human intervention. Not every Ethereum API is built for that.
This guide covers five Ethereum API providers, each designed for a different part of the development stack. For a broader comparison of crypto data providers across all chains, the best crypto apis guide covers additional options worth evaluating.
Why Ethereum APIs Matter for AI AgentsAI agents operating in crypto need more than raw RPC access. An autonomous portfolio manager, for example, needs token balances, historical price data, DeFi positions, and transaction histories delivered in a structured format it can parse and act on without custom data pipelines. A trading agent needs real-time pricing across multiple exchanges. A compliance agent needs wallet activity logs with enriched metadata.
The following types of AI agents are increasingly relying on Ethereum API infrastructure in 2026:
Portfolio rebalancing agents continuously monitor wallet holdings across chains and protocols, compare allocations against target weights, and execute trades or swaps to maintain balance. They require multi-chain wallet data, live pricing, and DeFi position tracking.DeFi yield optimization agents scan lending protocols, liquidity pools, and staking programs across Ethereum and its Layer 2 networks to identify optimal yield opportunities. They need protocol-level data covering APYs, TVL, and position metadata.Trading and arbitrage agents operate across centralized and decentralized exchanges, looking for price discrepancies and executing trades in milliseconds. They depend on aggregated market data with low latency.Research and sentiment agents ingest market data alongside news feeds and on-chain activity to generate reports, flag anomalies, or adjust risk parameters in real time.Multi-chain wallet monitoring agents track activity across Ethereum, its L2 rollups, and other EVM chains, alerting users to inbound transfers, suspicious transactions, or significant balance changes.Tax and compliance agents parse transaction histories, calculate cost basis, and generate regulatory reports. They need enriched transaction data with USD-denominated values and token metadata.Conversational crypto assistants respond to natural language queries about portfolio performance, token prices, or market conditions. These agents need a data interface that LLMs can call directly.Each of these agent types has different data requirements, but they share a common need: clean, structured, and reliable API access to Ethereum data. The providers below address different segments of that stack.
1. CoinStats Ethereum APICoinStats Ethereum API is built for developers and AI agents that need aggregated, application-ready Ethereum data without assembling multiple providers. Rather than exposing raw RPC endpoints, CoinStats API returns pre-structured wallet balances, transaction histories, DeFi positions, and market data through a unified REST interface. This makes it the most practical option for the majority of crypto development use cases where the goal is building applications on top of Ethereum data rather than interacting with the chain at the node level.
Ethereum and EVM CoverageThe API covers Ethereum mainnet alongside all major EVM-compatible networks through a single integration. Supported chains include Polygon, Arbitrum, Optimism, Avalanche, Base, and BSC, among others. A single API call using the multi-chain balance endpoint returns token holdings across all supported EVM chains simultaneously, so developers do not need separate integrations for each network.
For Ethereum specifically, the API returns native ETH and all ERC-20 token balances with USD pricing, 24-hour price changes, token metadata, and ranking data already enriched in the response. Transaction history endpoints deliver fully parsed records with gas fee tracking included. DeFi position tracking covers staking, lending, and liquidity pool holdings across 10,000+ protocols automatically, without requiring developers to integrate each protocol individually.
Broader Data SurfaceBeyond wallet data, the CoinStats API provides market data for 100,000+ cryptocurrencies aggregated from 200+ exchanges (including Binance, Coinbase, and Hyperliquid), covering 120+ blockchains in total. A news and sentiment feed aggregated from crypto media sources adds another data dimension for research-oriented applications. Wallet support extends to Solana, Bitcoin (including xpub/ypub/zpub formats), and additional non-EVM chains, all accessible through the same API key and consistent response schema.
MCP Server for AI Agent IntegrationCoinStats API provides a Model Context Protocol (MCP) Server alongside its REST API, which is the feature most relevant to the AI agent use case. The MCP Server exposes market data and wallet endpoints as callable tools for AI assistants and developer environments, including Claude, Cursor, and VS Code. This means AI agents can query Ethereum wallet balances, token prices, or DeFi positions using natural language through an MCP-compatible interface, without writing custom API integration code.
For teams building any of the seven agent types described above, particularly portfolio rebalancing agents, conversational crypto assistants, and research agents, the MCP Server removes the data integration layer entirely. The agent describes what it needs, and the MCP Server translates that into the appropriate API call.
Pricing and AccessCoinStats API uses a credit-based pricing model with a free tier available at signup. Credit costs vary by endpoint complexity: a single-chain Ethereum balance query costs 40 credits, while a multi-chain query across all EVM networks costs 400 credits. Developers can monitor usage in real time through the OpenAPI dashboard. The platform serves 1M monthly users, and its documentation is hosted at coinstats.app/api-docs/.
Best for: Most crypto development use cases. Developers and AI agents that need unified Ethereum and multi-chain data aggregation, portfolio tracking, DeFi position monitoring, and MCP-based AI integration through a single provider.
2. ChainstackChainstack is a multi-chain RPC and node infrastructure provider that gives developers direct access to Ethereum’s JSON-RPC interface. Where CoinStats API delivers aggregated, application-ready data, Chainstack provides the raw blockchain access layer: full and archive nodes, debug and trace methods, and WebSocket connections for real-time event streaming.
The platform supports 70+ chains and routes requests through a globally distributed infrastructure with 99.99% measured uptime. Ethereum developers get access to both mainnet and testnets (Sepolia, Hoodi) through authenticated endpoints with configurable rate limits. Chainstack’s Trader Node product offers low-latency mempool access for teams building MEV-aware applications or high-frequency trading infrastructure.
Pricing follows a request-unit model with a free tier offering 3 million request units per month at up to 25 requests per second. The Growth plan provides 20 million request units and 250 RPS for production workloads. Enterprise plans support custom RPS configurations and dedicated infrastructure. Chainstack holds SOC 2 Type II certification, which is relevant for teams operating under compliance requirements.
Best for: Developers building dApps, trading bots, or backend infrastructure that needs direct Ethereum node access with enterprise-grade reliability and compliance controls.
3. AnkrAnkr operates a decentralized physical infrastructure network (DePIN) that provides RPC access and pre-indexed blockchain data across 70+ chains. On Ethereum, Ankr offers both standard Node API access (JSON-RPC over HTTPS and WSS) and an Advanced API layer with pre-indexed, cached methods for faster queries.
The Advanced API is where Ankr differentiates itself from pure RPC providers. Methods like ankr_getAccountBalance and ankr_getTokenPrice return enriched data across multiple chains in a single request, reducing the number of calls needed to assemble a complete picture of a wallet’s holdings. NFT-specific endpoints cover ownership lookups, metadata retrieval, and transfer histories. Ankr supports multi-chain queries natively, so a single call can return token balances from Ethereum, Polygon, Arbitrum, and other EVM chains simultaneously.
Pricing uses an API credit system pegged to USD, where different methods consume different credit amounts. A Freemium tier includes 200 million monthly API credits using public rate limits. The Premium tier unlocks private endpoints, debug and trace methods, higher rate limits, and WebSocket access. Ankr’s DePIN infrastructure spans 30+ global regions with an average response time of 56 milliseconds.
Best for: Developers who need a combination of standard RPC access and pre-indexed multi-chain data queries, with decentralized infrastructure and pay-per-method pricing.
4. Etherscan APIEtherscan is the standard block explorer for Ethereum, and its API provides programmatic access to the same indexed data the explorer displays. For developers who need verified contract ABIs, internal transaction traces, gas price estimates, or token transfer logs, Etherscan remains the primary source.
The API covers account balance and transaction lookups, ERC-20/ERC-721/ERC-1155 token transfer events, contract source code and verification status, gas tracker data, and block/uncle information. The event log endpoints are particularly useful for applications that need to filter and retrieve specific on-chain events without running their own indexer.
Etherscan operates separate API instances for Ethereum mainnet and its major L2/sidechain counterparts (Polygonscan, Arbiscan, BaseScan, and others), though each requires its own API key and has a slightly different endpoint structure. The free tier allows up to 5 calls per second, which is sufficient for development and low-traffic applications. Pro plans offer higher rate limits and additional endpoints.
A key limitation is that Etherscan is read-only and Ethereum-specific. It does not provide market data, pricing, portfolio aggregation, or DeFi position tracking. For AI agents, it serves best as a complementary data source for contract verification, gas estimation, and raw transaction lookups rather than as a primary data layer.
Best for: Developers who need verified contract data, event logs, gas estimates, and granular Ethereum transaction details for analytics, auditing, or compliance tools.
5. The GraphThe Graph is a decentralized indexing protocol that allows developers to build and query custom APIs (called subgraphs) for Ethereum smart contract data. Rather than pulling data through pre-built endpoints, developers define a schema and mapping logic that tells The Graph which contracts and events to index. The indexed data is then served through GraphQL queries.
As of 2026, The Graph indexes data across 40+ chains, with Ethereum accounting for the majority of deployed subgraphs. Over 1,100 projects use the protocol, including major DeFi applications like Uniswap, Aave, and Balancer. The Hosted Service has been fully deprecated; all subgraphs now run on the decentralized network, where indexers stake GRT tokens and are economically incentivized to serve accurate data.
The Graph is most valuable for teams that need custom, event-driven data models. A developer building a DEX analytics dashboard, for example, can define a subgraph that indexes every swap event on a specific contract and serves aggregated volume and price data through a GraphQL endpoint. This level of customization is not available through general-purpose REST APIs.
The trade-off is complexity. Building and maintaining subgraphs requires writing AssemblyScript mapping code and managing deployment through The Graph’s tooling. Query costs on the decentralized network are paid in GRT tokens, with pricing around $1.50 to $2 per 100,000 queries. A free tier of 100,000 queries per month is available through the Subgraph Studio.
Best for: Developers who need custom-indexed Ethereum smart contract data served through GraphQL, particularly for DeFi analytics, NFT marketplaces, and protocol dashboards.
Choosing the Right Ethereum APIThe five providers above serve fundamentally different roles in the Ethereum development stack, and the right choice depends on what you are building and how your application consumes data.
If your project is a portfolio tracker, a multi-chain dashboard, a financial reporting tool, or an AI agent that needs structured crypto data, CoinStats Ethereum API covers the broadest surface through a single integration. The MCP Server adds a layer that none of the other providers currently offer: the ability for AI agents and LLM-powered tools to query Ethereum data through conversational interfaces without custom integration code.
If you need direct Ethereum node access for dApp backends, smart contract interaction, or MEV-aware trading, Chainstack and Ankr provide the infrastructure layer. Chainstack offers the most predictable pricing and strongest compliance certifications, while Ankr adds pre-indexed multi-chain query methods on top of standard RPC.
For contract verification, gas estimation, and granular transaction data, Etherscan remains the standard reference source for Ethereum-specific lookups.
And for teams that need deeply customized, event-driven data models from specific smart contracts, The Graph provides indexing infrastructure that no pre-built API can replicate.
Many production applications combine two or more of these providers: CoinStats API for aggregated data and AI integration, a node provider like Chainstack for direct chain interaction, and The Graph for custom-indexed protocol data. Starting with a free tier across any of these providers and scaling into paid plans once usage patterns are clear is the most effective way to evaluate.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
The Graph has enabled x402 payments in its Graph Gateway, letting developers and AI agents buy on-chain data per request using USDC. The feature removes the need for API keys and accounts, instead using HTTP 402 “Payment Required” responses and on-chain payments on Base as authentication. The rollout plugs The Graph directly into the emerging x402 machine-payments stack pushed by Coinbase, Circle and major web infrastructure providers. The Graph has activated x402 payments inside its Graph Gateway, allowing developers and AI agents to purchase on-chain data queries on a pay-per-request basis using USDC, according to an announcement from the project’s official X account. The team said that “Graph Gateway now officially supports x402 Payments,” meaning clients can access indexed blockchain data “without the need for an API key, account, or backend panel” by paying directly over HTTP with stablecoins on Base.
The Graph turns HTTP 402 into a USDC paywall for Subgraphs The Graph’s network currently indexes data from multiple chains, spanning token information, DEX trading pairs, governance events, NFT metadata and protocol activity, exposing it through Subgraphs that power thousands of DeFi and Web3 applications. Until now, developers typically had to register with Subgraph Studio and obtain an API key to query this data at scale, but the project said x402 “changes this access model” by letting any agent that speaks HTTP and holds USDC pay for queries on demand.
Under the new flow, when an agent or program hits the x402-enabled endpoint, the server responds with an HTTP 402 status that includes pricing information in the headers, mirroring the standard described in Coinbase’s x402 documentation. The client then signs and broadcasts a USDC payment on the Base mainnet (or Base Sepolia for testing) and retries the request, at which point the Graph Gateway returns the requested data, with “the payment itself serv[ing] as authentication,” the team explained.
The update adds a new /api/x402/ interface, a payments SDK, support for any tools compatible with the x402 protocol, and USDC payments on both Base mainnet and Base Sepolia, while leaving the existing API key model unchanged, The Graph said. “Subgraph data is now directly accessible by any program or Agent that supports HTTP and holds USDC,” the announcement noted, positioning the network as a native data feed for AI agents, bots and machine-to-machine workflows.
x402 itself is an emerging open standard developed by Coinbase to revive the long-reserved HTTP 402 “Payment Required” code as a built-in payment step for web resources, including APIs and model context calls. Coinbase describes x402 as “a new open payment protocol … that enables instant, automatic stablecoin payments directly over HTTP,” with agents receiving a 402, paying in USDC, and then getting the resource, turning monetization into infrastructure rather than separate billing flows.
That concept is quickly spreading across the web stack: Circle has framed x402 as a backbone for “machine-to-machine micropayments with Gateway and USDC,” while Stripe, CoinGecko and others have rolled out x402-powered pay-per-use APIs for data and AI agent access, as reported by crypto.news. By wiring The Graph’s Subgraph data directly into that ecosystem, the new x402 integration effectively turns indexed on-chain data into a first-class commodity for AI-native commerce, gated not by human signups and API dashboards, but by HTTP status codes and USDC balances in autonomous wallets.
For most of its history, web data was consumed by humans. Search engines indexed it, but the information was read by real users. As the agentic web takes center stage, the primary consumers of this data are changing. The onus now increasingly falls to autonomous AI agents to make sense of information to perform tasks ranging from trading assets to booking services and more, without human intervention.
For these agents, data is not just information; it's fuel. And like a high-performance engine, an AI agent is only as reliable as the fuel it consumes. If an agent is fed delayed or incorrect data, it executes that mistake at machine speed, potentially cascading across protocols.
As a result, the maxim that "you are what you eat" applies to agents as it does to humans. To thrive, AI agents need a diet of real-time, high-quality onchain data. This is where The Graph's data infrastructure, specifically Subgraphs and Substreams, becomes the critical supply chain for the AI economy.
In traditional centralized systems, one trusts the database administrator. In web3, users trust the blockchain. That said, blockchain data in its raw form isn't easily absorbed. It needs to be processed before it is useful, and that's where Indexers on The Graph Network come in.
An AI agent can't efficiently scan Ethereum's entire history to find a specific historical token price or governance vote. It needs an Indexer to organize that data and deliver it in a timely fashion.
A centralized API could be used for this, but the problems are obvious: it introduces a single point of failure. If the API goes down or is manipulated, the agent acts on a false reality. What makes The Graph data products well-suited for AI applications is that they produce deterministic outputs. Deterministic data means that any Indexer running the same Subgraph or Substreams module against the same blockchain inputs will produce the same result. That consistency is what makes the data trustworthy enough for agents to act on at scale.
And when there's real money at stake, as there invariably is with agents trading and rebalancing DeFi portfolios, a lot is riding on that data being correct. This is where The Graph comes into play with Subgraphs and Substreams.
The Graph provides two distinct data products, each serving different needs within an AI application stack. The first of these is Subgraphs, which, to extend the culinary metaphor, are like a well-stocked pantry. Each Subgraph forms an open API that organizes blockchain data into a specific schema, queryable via GraphQL.
Subgraphs produce deterministic data. Because the indexing logic is open source, any party can inspect how the data was extracted and structured from raw chain activity. On The Graph Network, Indexers stake tokens to guarantee the accuracy of their work, creating economic incentives for reliable performance.
If an agent needs to check the current owner of a specific NFT before executing a trade, or the price of ETH at a given block, a Subgraph provides that state instantly. Whatever digital dish the agent desires to dine on, if it's stocked in the Subgraph larder, it'll be served up readily.
Completing this data stack is Substreams. A parallelized, streaming-first solution, Substreams is designed for massive throughput. Developers write Rust modules that process blockchain data in parallel, transforming it into any format needed at extremely high speeds.
Substreams is particularly well-suited to powering the data pipelines that AI applications and large language models depend on for training and fine-tuning. Rather than querying a live endpoint, AI and analytics teams use Substreams to ingest and transform terabytes of blockchain history, producing clean, structured datasets orders of magnitude faster than linear indexing.
Say an AI team wants to train a model to predict DeFi liquidity flows. Substreams can absorb the entire history of Uniswap transactions, transforming raw block data into a training-ready dataset in hours. That's a fundamentally different use case from what a Subgraph serves, and the distinction matters when designing an AI application stack.
Push the plate aside and consider a working example of agentic data delivery in action:
CreatorBid is an AI launchpad that allows users to create and tokenize AI agents, each with its own agent keys that are traded on bonding curves. This requires real-time pricing and ownership data. Traditional RPC providers were too slow and costly to handle the complex, real-time data streams generated by thousands of agent launches and trades.
The solution came via Subgraphs. Following integration, CreatorBid achieved sub-second data freshness, ensuring agents and users see price changes the moment they happen. This eliminated the need to maintain custom indexers, allowing the team to focus on agent logic rather than data plumbing.
And because the data is indexed through The Graph Network, the economic activity of these AI agents is transparent and consistently reproducible by anyone in the CreatorBid ecosystem. When the data problem is solved, the greatest impediment to agents realizing their full potential is removed.
The early internet organized information discovery through centralized search engines. The agentic internet requires something more demanding: infrastructure that allows machines to retrieve and act on high-quality, consistently produced data autonomously.
Subgraphs and Substreams serve that need in different ways. Subgraphs give agents fast, queryable access to structured onchain state. Substreams give AI teams the throughput to build and train on rich historical datasets. Neither replaces the other; they address different parts of the same problem.
The Graph's data products don't make AI agents intelligent. Instead, they ensure that when intelligence is applied, it operates on structured, deterministically produced data grounded in reliable onchain sources. That's crucial because the integrity of the input determines the integrity of the outcome.
As autonomous systems continue to expand across finance and digital commerce, the infrastructure that feeds them will become as strategically important as the models themselves. Within that stack, deterministic data indexing and high-performance streaming pipelines are the fuel lines that feed the agent economy.
About The GraphThe Graph is a suite of blockchain data infrastructure products that extract, process, and deliver scalable blockchain data solutions across 60+ networks. The Graph enables application developers, data analysts, AI agents, and enterprise teams that need structured, real-time access to blockchain data. Products include Subgraphs, Firehose, Substreams, and Amp. As of early 2026, The Graph has served over 1.27 trillion queries to more than 75,000 projects, powered by a network of independent Indexers around the world.
Follow The Graph on X, LinkedIn, Instagram, and Reddit. Join the community on The Graph’s Telegram, join technical discussions on The Graph’s Discord.
As AI tools become a standard part of the developer workflow, the way users access blockchain data is changing. Model Context Protocol (MCP) integrations and AI agent skills are creating new interfaces for interacting with onchain data, allowing both developers and non-technical users to query live protocol data through natural language rather than writing GraphQL or SQL by hand.
The Graph ecosystem has been building toward this shift. With MCP servers now available for Subgraphs and a growing library of agent skills for Subgraphs and Substreams, AI assistants can connect directly to The Graph’s data infrastructure. This post covers what’s available today, how it works, and what’s coming next.
Background: What is a MCP?Model Context Protocol (MCP) is an open standard, originally developed by Anthropic, that enables AI assistants and AI agents to connect to external data sources and tools. Rather than relying solely on training data or user-provided context, an MCP-enabled assistant can reach out to live data in real time, querying APIs, reading schemas, and returning structured results within a conversation.
For blockchain data, MCP addresses a longstanding access problem. Onchain data is open and transparent by design, but querying it has traditionally required specialized knowledge: writing GraphQL queries, understanding Subgraph schemas, or running custom indexing infrastructure. MCP collapses that workflow by letting AI handle the query construction and execution on the user’s behalf.
MCP Integrations Available TodaySubgraph Search MCPThe Subgraph Search MCP provides access to over 15,000 publicly available Subgraphs across The Graph Network. Through a standardized interface, AI assistants can search for relevant Subgraphs by keyword or contract address, inspect GraphQL schemas, and execute queries against specific deployments. Compatible clients include Claude, Cursor, and Cline.
Because The Graph hosts a large volume of public Subgraphs, covering major protocols like Uniswap, Aave, Compound, ENS, and many others across Ethereum, Arbitrum, Base, Polygon, Optimism, BSC, and additional chains, the Subgraph MCP enables broad, cross-protocol queries without requiring users to deploy or maintain their own data infrastructure.
Substreams Search MCPThe Substreams Search MCP lets AI agents search, inspect, and analyze Substreams packages through natural language. This covers the full path from registry discovery to sink deployment. Through four tools, an assistant can search the Substreams.dev package registry by keyword and filter by network, inspect any package's full module graph, protobuf types, and dependency DAG, list a package's modules in lightweight form, and analyze a package's sink configuration to generate ready-to-run CLI commands for deployment. In practice, this means a developer can ask for "a Uniswap package on Polygon," see exactly what data it produces, and get the SQL schema and commands needed to start sinking that data—all without manually browsing the registry or decoding .spkg files by hand. The server runs with no installation via npx and supports both local clients like Claude Desktop, Claude Code, and Cursor and remote agents such as OpenClaw (SSE/HTTP), making it usable across a wide range of AI development setups.
Use Case Specific MCPsIn addition to the core MCP servers, community developers have built more targeted integrations. Notable examples include the Graph Aave MCP, which exposes 14 tools for querying Aave V2/V3 lending markets, governance data, user positions, and liquidation events; and the Graph Lending MCP, which provides unified access to 40+ lending protocols across multiple chains using Messari’s standardized Subgraph schemas.
The Lending MCP, in particular, demonstrates the value of standardized data. Because the underlying Subgraphs share a uniform schema, a single natural-language query, such as “where can I find the best stablecoin lending rates right now?”, can fan out across dozens of protocols and return comparable, structured results. Early testing has shown that the tool not only retrieves rate data but can contextualize it, explaining why certain strategies may be more effective than others based on current market conditions.
From MCPs to Skills: A New Paradigm for AI Agent DevelopmentMCP servers provide AI assistants with real-time data access, but each one requires manual configuration, including editing a config file, adding an API key, and restarting the client. As the number of available MCPs grows, this setup process can become a barrier, particularly for non-technical users.
Skills represent the next layer of abstraction. A skill is a downloadable package that bundles expert knowledge, tool configurations, and MCP access together so that an AI assistant gains a complete capability set without manual setup. Instead of configuring individual MCP connections, users install a skill, and the assistant has everything it needs to work with a given product or domain.
Subgraph SkillsSkills are now available to aid in Subgraph development. The Subgraph Skills repository provides a collection of open-source skills that give AI workflows expert-level knowledge for building, testing, and optimizing Subgraphs. Developers can describe what they want in natural language instead of memorizing schema syntax and manifest configuration. Available as a Claude Code plugin (and in an OpenClaw format for other agent frameworks), the package currently includes three skills:
Subgraph Development (subgraph-dev)
Core development knowledge spanning schema design and GraphQL types, manifest configuration (subgraph.yaml), AssemblyScript mapping handlers, data source templates, and contract bindings. It also covers Subgraph Composition for combining multiple Subgraphs, Subgraph Uncrashable for safe code generation, and ready-made patterns for common contract types like ERC-20, DEXs, NFTs, lending, staking, and governance protocols, so an assistant can scaffold a working Subgraph for a given protocol from a single prompt.
Subgraph Optimization (subgraph-optimization)
Performance best practices drawn directly from The Graph's documentation, including pruning with indexerHints, using @derivedFrom for arrays, immutable entities, Bytes as IDs, avoiding eth_calls, timeseries and aggregations, and grafting for hotfixes. With this skill installed, an assistant can review an existing Subgraph and recommend concrete changes to speed up indexing and reduce query latency.
Subgraph Testing (subgraph-testing)
A complete quality-assurance toolkit built around Matchstick and the Subgraph Linter. It covers static analysis to catch bugs before runtime, unit testing setup and patterns, mocking events and contract calls, entity assertions, data source mocking, and CI/CD integration, along with a troubleshooting guide for common indexing errors.
Together, these skills lower the barrier to Subgraph development considerably. Rather than reading through documentation across schema design, mapping logic, optimization, and testing, a developer can install one package and have an AI assistant that already knows The Graph's best practices. This means turning prompts like "create a schema for tracking DEX swaps" or "write unit tests for my Transfer handler" into working, optimized code.
Substreams SkillsThis pattern is also in production for Substreams. The Substreams Skills repository, developed by StreamingFast, provides a collection of open-source skills that give AI assistants expert-level knowledge for Substreams development. Available as a Claude Code plugin, the package currently includes:
Substreams Development (substreams-dev)
Comprehensive guidance on creating substreams.yaml manifests, writing efficient Rust modules (map, store, and index types), designing protobuf schemas, performance optimization, and debugging common issues.
Substreams SQL (substreams-sql)
Expert knowledge for building SQL database sinks, covering both Database Changes (CDC) and Relational Mappings approaches, with patterns for PostgreSQL and ClickHouse, including analytics-optimized schemas and time-series patterns.
Substreams Testing (substreams-testing)
A complete testing strategy covering unit testing with real blockchain data, integration testing, performance benchmarking, and CI/CD pipeline integration.
Installation is straightforward. In Claude Code, users run a single command to add the plugin and install the desired skills. The skills are also compatible with Cursor and VS Code (1.107+), with installation requiring only a directory path in the IDE’s settings.
The vision across The Graph ecosystem is to extend this skills model to each Subgraphs and Substreams so that each has a corresponding skill package giving AI agents access to the relevant MCPs, documentation, and domain expertise in a single installation.
Practical ApplicationsThe combination of MCP servers and skills opens a range of use cases across The Graph data products:
DeFi analysis: Query lending rates, liquidity pool depths, swap volumes, and yield opportunities across protocols and chains through natural language. The Lending MCP, for example, can compare stablecoin rates across 40+ protocols in a single query.Substreams development: With the Substreams skills installed, AI assistants can guide developers through building, testing, and deploying high-performance indexing pipelines—from manifest configuration through production optimization.Research and content: Writers and analysts can access real-time onchain data without learning GraphQL, enabling data-driven reporting on protocol activity, governance trends, and market dynamics.AI agent development: Autonomous agents can use The Graph MCP servers to access blockchain data programmatically, supporting use cases from automated trading analysis to onchain monitoring and alerting.Getting StartedDetailed documentation is available for each MCP and Skills repo:
What’s Ahead?MCP and skills represent the first phase of The Graph’s broader AI integration strategy. As outlined in the 2026 technical roadmap, upcoming developments include A2A (Agent-to-Agent) integrations that enable AI agents to communicate with each other through The Graph data layer, and x402 payment support that allows AI agents to autonomously query the network and pay per-query without requiring pre-configured API keys.
As additional skills packages are developed for Subgraphs, Substreams, and Amp, the goal is a consistent experience: install a skill, and the AI assistant gains full access to the relevant data product’s capabilities. Combined with The Graph’s open data infrastructure—over 15,000 public Subgraphs, pre-indexed token data across 10+ chains, and high-performance streaming via Substreams—these tools are making blockchain data accessible to a broader range of users and applications.
About The GraphThe Graph is a suite of blockchain data infrastructure products that extract, process, and deliver scalable blockchain data solutions across 60+ networks. The Graph enables application developers, data analysts, AI agents, and enterprise teams that need structured, real-time access to blockchain data. Products include Subgraphs, Firehose, Substreams, and Amp. As of early 2026, The Graph has served over 1.27 trillion queries to more than 75,000 projects, powered by a network of independent Indexers around the world.
Follow The Graph on X, LinkedIn, Instagram, and Reddit. Join the community on The Graph’s Telegram, join technical discussions on The Graph’s Discord.
SBI announced it will acquire cryptocurrency trading platform Bitbank for 46.7 billion yen.
According to Nikkei News, Japanese financial group SBI Holdings announced on the 25th that it will acquire cryptocurrency exchange platform bitbank for 46.7 billion yen (approximately $288 million). Upon completion of the transaction, SBI Group’s crypto asset custody scale is expected to exceed 1 trillion yen, making it one of the largest operators in Japan’s crypto industry. Per the plan, a subsidiary under SBI Holdings will acquire Bitbank shares from individual shareholders including its founders as early as August this year. Bitbank will then repurchase shares held by existing shareholders MIXI and Ceres by the end of October. If combining data from SBI’s own crypto exchange SBI VC Trade and Bitbank, as of April this year, the two firms had a total of around 2.92 million accounts and total custody assets of approximately 1.1 trillion yen. While different crypto exchanges disclose custody assets at varying time points, among Japan’s major industry competitors, bitFlyer held about 960 billion yen in custody assets as of the end of December 2025, and Coincheck had around 800 billion yen as of the end of March 2025.
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Bithumb was fined for sharing user data overseas without consent.
South Korean regulatory authorities have ordered cryptocurrency exchange Bithumb to pay a 210 million won (approximately $136,000) fine for sharing user personal information with overseas platforms without user consent. According to an announcement released Thursday by South Korea’s Personal Information Protection Commission (PIPC), the relevant user data exposure occurred between September and November 2025. At that time, Bithumb transferred user information to overseas platforms while sharing its USDT market order book data. The PIPC also noted that when assisting users with asset transfers to 13 overseas exchanges, Bithumb failed to obtain full and sufficient user consent before sharing personal details including names, wallet addresses, and dates of birth. For the two violations, the PIPC not only imposed the fine but also ordered Bithumb to rectify its processes and management systems related to cross-border transmission of user information.
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Analyst: SK Hynix’s US listing and fund-raising could trigger a valuation re-rating.
According to Bloomberg, SK Hynix is set to issue American Depositary Receipts (ADRs) on the Nasdaq on July 10. The listing aims to raise nearly $30 billion, making it one of the largest ADR issuances in history. Market participants widely believe the move will significantly expand its global investor base and may drive a valuation re-rating. Multiple asset management firms project that if its valuation converges with Micron Technology’s, its share price could rise by 30% over the next year. One fund manager noted that SK Hynix should trade at a valuation at least on par with Micron, as demand for memory chips is likely to outpace supply for years to come. The listing comes amid an unusually strong boom in the memory chip sector. Shares of Micron, SK Hynix, and Samsung Electronics have all surged over 200% this year, marking their best annual performance in decades. Demand for High Bandwidth Memory (HBM) from AI servers is widely seen as the driver of a structural "memory supercycle".
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Jefferies: Samsung is likely to follow SK Hynix’s example to list in the US via ADRs.
Jeff Kim, Head of Research at Jefferies, said Samsung is likely to follow SK Hynix in listing on the U.S. market via American Depositary Receipts (ADRs), which will boost the share price of the South Korean chipmaker whose valuation lags behind Micron. "Chip stocks are at a turning point. ADRs will serve as an important catalyst to drive their valuations," he added.
USA₮ expands to Celo and introduces Google Cloud support for distribution.
PANews reported on March 31 that, according to an official announcement from USA₮, the compliant digital dollar USA₮ issued by Anchorage Digital Bank has officially expanded to Celo, becoming its first supported network after Ethereum. The project also partnered with Self and Google Cloud to launch a mainnet faucet, allowing the distribution of USA₮ to compliant users through privacy-preserving human authentication.
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In brief Tether’s USAT stablecoin is launching on the Celo blockchain, its first expansion beyond Ethereum. Google Cloud provides infrastructure support for the stablecoin's distribution system. A privacy-preserving faucet allows verified users to access USAT tokens through proof-of-humanity verification. Tether announced Tuesday that the USAT stablecoin is expanding to the Celo blockchain, an Ethereum layer-2 scaling network, marking the regulated digital dollar's first deployment beyond the Ethereum mainnet.
The launch will bring USAT—a stablecoin issued by Anchorage Digital and targeted at the U.S. market—to Celo, with Google Cloud providing infrastructure support alongside plans for the stablecoin to serve as a gas currency on the layer-2 network.
“More than 566 million people globally use USDT as a reliable way to access and move dollars, particularly in markets where traditional financial infrastructure falls short. Expanding USAT to Celo builds on that foundation by bringing regulated digital dollar infrastructure into one of the most active on-chain economies today,” said Tether CEO Paolo Ardoino, in a statement.
“This is how we continue to extend access to trusted, programmable money at a global scale,” he added. “What matters now is ensuring these systems are accessible in the environments where people are already transacting every day.”
Celo brings significant mobile reach through Opera MiniPay's 14 million wallet users globally. Celo co-founder and CEO Rene Reinsberg called the launch "a powerful validation of the infrastructure we've spent years building," highlighting Tether’s selection of Celo for its first layer-2 deployment for USAT following its initial January rollout on Ethereum.
The technical implementation includes a mainnet faucet system enabling verified users to access USAT through privacy-preserving proof-of-humanity verification developed with Self and Google Cloud. Following deployment, Celo governance will begin the process to enable USAT as a gas currency on the network.
“By bringing USAT to Opera MiniPay’s millions of mobile-first users, we are showing what the next generation of financial access looks like: trusted, compliant, and instantly available,” said Celo co-founder Rene Reinsberg, in a statement.
Deloitte performed the first USAT attestation report, released earlier this month, showing that the firm had $17.6 million in reserves—comprised of cash and U.S. Treasuries—backing about $17.5 million in tokens as of January 31.
Tether’s flagship USDT stablecoin, which leads the industry with an $184 million market cap, has never had a full independent audit from one of the “Big Four” accounting firms. However, last week, Tether said that it had signed one of the firms for an audit, but did not reveal which firm would do it. A subsequent Financial Times report said KPMG would conduct the audit.
Editor's note: This article was updated after publication for clarity.
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USA₮, the dollar-backed stablecoin issued by Anchorage Digital Bank and supported by Tether, is expanding to Celo, marking its first blockchain deployment beyond Ethereum.
The move places the regulated token on a network that has become one of the most active rails for real-world stablecoin use.
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Tether introduced the token in January as a US-regulated product issued through Anchorage Digital Bank under federal OCC oversight, positioning it as a domestic complement to USD₮ rather than a replacement for its flagship offshore stablecoin. The project was built to comply with the GENIUS Act and target US users through a more tightly regulated structure.
Celo gives USA₮ immediate access to a distribution network that already looks built for stablecoin payments. Opera said this month that MiniPay, its self-custodial wallet on Celo, has grown to more than 14 million account registrations and processed over 420 million transactions across more than 66 countries.
Opera and Celo also said the network now counts more than 4.23 million weekly active USD₮ users, underscoring how central stablecoins have become to activity on the chain.
That helps explain why Celo was chosen as the first expansion chain. The network has leaned into payments with features such as fee abstraction, which lets users pay gas in stablecoins instead of a native token, along with a mobile-first design geared toward cheap and simple transfers. Celo describes itself as an Ethereum layer 2 focused on fast, low-cost payments and real-world adoption.
Google Cloud is also part of the rollout, adding a broader infrastructure layer to the launch. The company has been expanding further into digital asset and payments infrastructure through products such as Universal Ledger, which it says is built for programmable transfers and compliance focused financial applications. In this case, the USA₮ rollout connects that infrastructure to a privacy preserving proof of humanity distribution model through Self.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
In brief Tether’s USAT stablecoin is launching on the Celo blockchain, its first expansion beyond Ethereum. Google Cloud provides infrastructure support for the stablecoin's distribution system. A privacy-preserving faucet allows verified users to access USAT tokens through proof-of-humanity verification. Tether announced Tuesday that the USAT stablecoin is expanding to the Celo blockchain, an Ethereum layer-2 scaling network, marking the regulated digital dollar's first deployment beyond the Ethereum mainnet.
The launch will bring USAT—a stablecoin issued by Anchorage Digital and targeted at the U.S. market—to Celo, with Google Cloud providing infrastructure support alongside plans for the stablecoin to serve as a gas currency on the layer-2 network.
“More than 566 million people globally use USDT as a reliable way to access and move dollars, particularly in markets where traditional financial infrastructure falls short. Expanding USAT to Celo builds on that foundation by bringing regulated digital dollar infrastructure into one of the most active on-chain economies today,” said Tether CEO Paolo Ardoino, in a statement.
“This is how we continue to extend access to trusted, programmable money at a global scale,” he added. “What matters now is ensuring these systems are accessible in the environments where people are already transacting every day.”
Celo brings significant mobile reach through Opera MiniPay's 14 million wallet users globally. Celo co-founder and CEO Rene Reinsberg called the launch "a powerful validation of the infrastructure we've spent years building," highlighting Tether’s selection of Celo for its first layer-2 deployment for USAT following its initial January rollout on Ethereum.
The technical implementation includes a mainnet faucet system enabling verified users to access USAT through privacy-preserving proof-of-humanity verification developed with Self and Google Cloud. Following deployment, Celo governance will begin the process to enable USAT as a gas currency on the network.
“By bringing USAT to Opera MiniPay’s millions of mobile-first users, we are showing what the next generation of financial access looks like: trusted, compliant, and instantly available,” said Celo co-founder Rene Reinsberg, in a statement.
Deloitte performed the first USAT attestation report, released earlier this month, showing that the firm had $17.6 million in reserves—comprised of cash and U.S. Treasuries—backing about $17.5 million in tokens as of January 31.
Tether’s flagship USDT stablecoin, which leads the industry with an $184 million market cap, has never had a full independent audit from one of the “Big Four” accounting firms. However, last week, Tether said that it had signed one of the firms for an audit, but did not reveal which firm would do it. A subsequent Financial Times report said KPMG would conduct the audit.
Editor's note: This article was updated after publication for clarity.
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It marks the GENIUS Act-compliant stablecoin's first expansion beyond the Ethereum L1.
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Today, Tether announced that its USAT stablecoin – designed specifically to comply with the GENIUS Act – is expanding to the Celo blockchain.
What's the Scoop?New Deployment: USAT is now available on the Celo, an Ethereum L2 scaling solution focused on attracting real-world payments use cases. This deployment marks the GENIUS Act-compliant stablecoin's first expansion beyond the Ethereum L1.Powerful Partnership: The launch also introduces new distribution pathways for USAT. In collaboration with Self and Google Cloud, a mainnet faucet will enable verified users to access USAT through a privacy-preserving proof-of-humanity system.Compliant Alternative: Unlike Tether's flagship USDT stablecoin (which is only partially reserved by risk-free dollar investments and fails to comply with other chapters of the GENIUS Act), USAT is designed for compliance. Reserves are custodied by Anchorage Digital, a federally registered national trust bank, and monthly reserve attestations are supplied by Deloitte, in accordance with American Institute of Certified Public Accountants (AICPA) standards.Transparency Push: Last week, Tether announced that it had, "entered a formal engagement with a Big Four accounting firm to complete its first full independent financial statement audit." Reporting from the Financial Times subsequently identified the unnamed auditor as KPMG, with pre-audit preparation provided by PwC.USA₮ Expands to Celo, Introducing Google Cloud-Supported Distribution for Regulated Digital Dollars - USA₮.io
31 March 2026 – USA₮, a digital dollar issued by Anchorage Digital Bank, N.A., today announced its expansion to Celo, marking the first blockchain beyond Ethereum to support the stablecoin. The deployment brings USA₮ to a network that has become a leading global transport layer for stablecoins, expanding access to digital dollars for millions of […]
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Written by Jack Inabinet
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Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial real estate development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.
Tether’s USAT stablecoin – a regulated, U.S.-market digital dollar – is leaving Ethereum mainnet for the first time, landing on Celo, a mobile-first Ethereum layer-2 network with 14 million Opera MiniPay wallet users already transacting across 66+ countries.
That’s not a minor technical footnote. It’s a direct pipeline from regulated dollar infrastructure into one of the most active real-world stablecoin ecosystems on-chain today.
Tether announced the expansion on March 31, 2026, with Google Cloud providing infrastructure support and Celo governance set to vote on enabling USAT as the network’s native gas currency. Celo already hosts 4.23 million weekly active USDT users – so USAT isn’t arriving to an empty room.
Secure. Borderless. Built for the real world. 🌍$USAT is officially coming to @Celo, bringing the most trusted digital dollar to millions of mobile users. Additionally, we're launching with a privacy-first mainnet faucet powered by @googlecloud pic.twitter.com/fN2Lphmfe5
— USAT (@usat) March 31, 2026
What Does USAT on Celo Actually Mean for DeFi Fees and Liquidity? Start with the basics. Ethereum mainnet – the original blockchain where USAT launched in January 2026 – is powerful but expensive. During busy periods, a single token transfer can cost $5–$30 in gas fees. For someone sending $50 to a family member overseas, that’s simply not viable.
Celo is built differently. It’s an Ethereum layer-2 although that’s changing – Fees on Celo run fractions of a cent. That changes who can realistically use USAT.
After much consideration pic.twitter.com/N2Ae0bi4DU
— Celo.eth/acc 🦇 🌳 (@Celo) April 1, 2026
There’s another feature worth understanding: fee abstraction. On most blockchains, you need the network’s native token on hand just to pay transaction fees – even if you only want to move stablecoins. Celo removes that friction.
Once Celo governance approves USAT as a gas currency, users will be able to pay fees directly in USAT itself. No ETH, no CELO token required. For a first-time DeFi user, that’s the difference between a manageable experience and a confusing one.
The Google Cloud integration adds another layer. A mainnet faucet – a tool that distributes small amounts of tokens to verified users – will use privacy-preserving proof-of-humanity verification developed with a platform called Self.
Verified users can claim USAT without exposing personal data. That’s meaningful for regulated stablecoins that need to confirm users are real humans without building surveillance infrastructure.
Tether CEO Paolo Ardoino framed the move around access: “More than 566 million people globally use USDT as a reliable way to access and move dollars, particularly in markets where traditional financial infrastructure falls short.
” The Celo expansion brings USAT directly into the ecosystem those users are already operating in. Standard Chartered flagged Tuesday that stablecoin velocity has doubled in two years, with coins changing hands an average of six times per month – and the bank now projects the stablecoin market reaching $2 trillion in total market cap. USAT’s Celo move is timed into that acceleration.
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Stripe-owned Bridge, the stablecoin orchestration platform, added Celo support on May 6, 2026, connecting one of crypto's most active stablecoin networks to its single API for onramps, offramps, and cross-chain stablecoin transfers. The integration gives any business building on Bridge instant access to a chain where stablecoins are a daily payment rail rather than a trading instrument.
@stripe acquired Bridge in early 2025 in what was its largest deal at the time. The platform handles fiat-to-stablecoin flows, embedded wallets, cards, and cross-chain bridging. Celo support was teased at Stripe Sessions 2026 and was formally announced at CoinDesk's Consensus 2026 on May 6.
Celo on stage at Consensus 2026Why Celo?Celo launched in 2020 with stablecoin payments as its core use case. It migrated to an Ethereum Layer 2 in March 2025, and the network now offers sub-cent fees, one-second blocks, and gas payable directly in stablecoins. That last detail matters more than it sounds. Users do not need to hold a separate gas token to move money, which removes a major friction point for non-crypto-native users in emerging markets.
The stablecoin activity on Celo is real-world rather than speculative. The chain hosts remittances, savings, peer-to-peer payments, and commerce in places where traditional rails are slow or expensive.
What do the numbers actually look like?Here's what Celo brings to the table:
1.3 billion lifetime transactions on the network.Over $65 billion in stablecoin volume since the March 2025 Layer 2 migration.8x revenue growth since the network's tokenomics overhaul.600,000+ daily active users, one of the highest counts among Ethereum L2s.25 native stablecoins in circulation, including USDC, USDT, and the upcoming USA₮.15 million+ users on MiniPay across 66 countries.For context, $65 billion in stablecoin volume in just over a year places Celo in the upper tier of chains tracked for stablecoin activity, and its daily active user count is ahead of several Layer 2s with much higher fully diluted valuations.
What is MiniPay's role?@miniPay is a self-custodial wallet built into Opera's mobile browser. It runs on Celo and has driven more than 400 million stablecoin transactions to date. Roughly 50 Mini Apps power use cases like remittances, peer-to-peer payments, and merchant commerce. @opera has signaled plans to roll MiniPay out to its wider base, which exceeds 50 million browser users.
This is the wedge that makes Celo different from Layer 2s focused on DeFi yield. The user base is not chasing points programs. They are paying utility bills.
What did Celo say?Celo co-founder Marek Olszewski (@marek_) framed the move as closing the gap between stablecoin infrastructure and actual users.
"Celo was built for the people who actually need stablecoins to work, for remittances, for savings, for daily commerce in markets where legacy rails fall short. Bridge has built the most developer-ready platform for moving stablecoins at scale. Together, we're closing the gap between stablecoin infrastructure and real-world adoption," Olszewski said in the official announcement.
What does this mean for developers?For teams already building on Bridge, the integration removes the need to write separate logic for Celo on/off-ramps or bridging. They get access to Celo's user base through the same API they already use for other supported chains.
For @Celo, the upside is distribution. Stripe's customer base now has a direct line into a chain where stablecoin activity is already happening at scale, without the long onboarding cycle that comes with most chain integrations.
Bridge (@Stablecoin) has been adding chains and features rapidly through 2026, and Celo is one of the more strategically aligned additions given its payment-first design. The pitch from both sides is that this is less about adding another network to a list and more about pairing one of the most heavily used stablecoin chains with the fintech stack that already has the merchants.
Sources:
Celo Blog - official announcement of the Bridge integration with full network metrics and the Olszewski quote.Celo on X - official Celo account, posted the announcement thread with metrics breakdown on May 6, 2026.Bridge on X - Stripe-owned Bridge's official account covering platform updates and chain integrations.MiniPay on X - Opera's self-custodial wallet account, primary source for MiniPay user counts and country reach.
TLDR: Uniswap’s temp check vote targets BNB Chain, Polygon, and Celo, expanding the fee-and-burn to 13 chains. Every swap generates a protocol fee that bridges to Ethereum and permanently burns UNI at a dead address. CryptoQuant data shows rising UNI net outflows on Binance, pointing to smart money accumulation near lows. The governance vote closes May 21st with 18.1M UNI cast, 100% in favor, and the 10M quorum already cleared. Uniswap is moving to extend its fee-and-burn mechanism to BNB Chain, Polygon, and Celo. A temp check vote is currently underway, drawing strong community support.
Meanwhile, on-chain data from CryptoQuant shows rising net outflows on Binance as UNI trades near its lower price range. Together, these developments are drawing fresh attention to the token’s near-term outlook.
Governance Vote Targets 13-Chain Fee-and-Burn Rollout The proposal, shared via Snapshot.eth on behalf of Uniswap’s governance, aims to bring the fee-and-burn system to three additional networks. If passed, the rollout would cover 13 chains in total.
Every swap on these networks generates a protocol fee, which bridges back to Ethereum and permanently burns UNI at a dead address.
The system has been live since December across Ethereum and nine other networks. BNB Chain and Polygon would connect through Wormhole’s Native Token Transfer setup.
Celo was approved in an earlier vote but failed due to a configuration error. This proposal corrects that path and re-runs the execution.
Forum member Abel189 described the move as “a coherent next step” given Uniswap’s “increasingly multi-chain reality.”
@Uniswap is running a temp check to extend its fee-and-burn system to @bnbchain, Polygon, and @Celo, bringing the rollout to 13 chains.
Every swap generates a protocol fee that bridges back to Ethereum and permanently burns $UNI at a dead address. The system has been live since… pic.twitter.com/13h6954YSG
— Snapshot.eth (@SnapshotLabs) May 20, 2026
He supports incremental, chain-by-chain expansion but flagged growing cross-chain messaging complexity as a key watch item going forward.
L2BEAT’s governance team, including members Kaereste and Manugotsuka, voted in favor after their research team verified the implementation, contracts, and expected governance payloads.
They noted the unchanged fee structure and continuity with the previously approved framework as reasons for their support.
On-Chain Outflow Data Points to Accumulation Activity On the market side, CryptoQuant data on the Uniswap Exchange Netflow chart for Binance is showing notable movement.
As UNI’s price corrected deeply, netflow bars grew denser with large net outflows becoming more frequent. This pattern tends to reflect behavior from longer-term holders and smart money participants.
These outflows typically mean UNI is being withdrawn from Binance and moved to personal wallets for holding. That reduces the available supply on the exchange and lowers direct selling pressure over time. Analyst Rei Researcher noted this trend as a potential setup for an accumulation zone near the bottom.
Source: Cryptoquant
Currently, UNI is seeing a mild price recovery. If the outflow trend continues and exchange supply tightens further, buying demand could push the price higher.
The combination of reduced sell-side pressure and growing protocol utility through the burn mechanism adds a structural layer to that potential move.
The governance vote closes on May 21st at 5:30 PM UTC. As of the latest update, 258 wallets have cast 18.1 million UNI votes, with 100% in favor and the 10 million quorum already cleared.
Uniswap is pushing its protocol fee system to three more blockchains. A governance proposal posted on May 16 seeks to activate fee collection and UNI token burning on BNB Chain, Polygon, and Celo, bringing the total number of chains with live protocol fees to 13.
The move is part of a phased rollout that started on Ethereum mainnet in late December 2025. Since then, fees have already gone live on nine additional chains including Arbitrum, Base, OP Mainnet, Soneium, X Layer, Worldchain, and Zora. The latest expansion targets three of the most active alternative networks in DeFi.
How the fee structure works Protocol fees on the new chains are set at 1/5 of the pool fee. In English: if a liquidity pool charges a 0.30% swap fee, the protocol takes 0.06% off the top. That ratio mirrors what’s already running on the other integrated chains.
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Fees are routed into what Uniswap calls TokenJars on each respective chain. From there, the collected UNI tokens get bridged back to Ethereum mainnet and sent to the 0xdead address, a well-known burn address that permanently removes tokens from circulation.
The Celo activation is actually a fix. A prior governance proposal, numbered #94, contained a configuration error that prevented fees from going live on the network. This new proposal corrects that mistake while simultaneously onboarding BNB Chain and Polygon with fresh TokenJar infrastructure.
Governance moved fast on this one The proposal bypassed the usual Request for Comment stage entirely. Under a framework called UNIfication, the expansion qualified for an expedited governance process: a five-day Snapshot vote followed by an onchain vote. No prolonged debate period required.
Community response has been strongly supportive during the Snapshot voting process.
What this means for investors and traders For liquidity providers on BNB Chain, Polygon, and Celo, the 1/5 fee take means a slightly smaller share of swap fees flowing to their pockets. On a pool with a 0.30% fee, LPs would receive 0.24% instead of the full amount.
The cross-chain bridging component introduces its own set of risks. Bridge exploits have been among the most costly attack vectors in DeFi history. While the TokenJar and bridging architecture has been operating on other chains without incident, every new chain integration expands the attack surface.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
PANews reported on May 23 that Uniswap founder Hayden Adams stated that Uniswap's protocol fee mechanism is already running on nine blockchains and is designed to burn UNI. The Uniswap Foundation has initiated a new proposal to extend the V2 and V3 protocol fee mechanism to BNB Chain, Polygon, and Celo. This move will further increase the amount of UNI burned, reducing the total supply of UNI.
Uniswap DAO has unveiled a new proposal to extend its fee collection and UNI token burn mechanism to BNB Chain, Polygon, and Celo, aiming to expand the popular UNIfication program beyond its current scope on Ethereum and other major networks. If approved, this move would integrate three new blockchains into Uniswap’s evolving ecosystem, reinforcing its multi-chain ambitions.
The proposal, titled “Protocol Fee Expansion: Vote 3” (Proposal #96), appears on the Uniswap governance portal and is scheduled for a community vote starting May 24, 2026, according to the Uniswap Foundation calendar. Should the community approve, the fee-burning mechanism—already live on Ethereum, Arbitrum, Base, OP Mainnet, and several others—would now launch on these three additional chains.
Details in the proposal specify that, on BNB Chain and Polygon, fees from v2 pools will be channeled directly to a smart contract called TokenJar, while v3 factory management will transfer to the advanced V3OpenFeeAdapter contract. On Celo, implementation will be more complex due to previous technical issues, requiring the use of cross-chain accounts for some operations.
Glossary: TokenJar and Firepit are key smart contracts for Uniswap’s fee accrual and burning process. TokenJar gathers protocol fees on each chain, while Firepit completes the burn by destroying an equivalent amount of UNI tokens.
The system is designed so that accumulated protocol fees are consolidated in a central account. Users must first burn UNI, after which the burnt UNI is sent to the famed “0xdead” address on Ethereum’s mainnet for finalization.
Impact of the fee burn program on UniswapUNIfication was introduced on Uniswap in December 2025 via community vote, directly linking fee collection and burning to increased UNI token engagement. During this period, UNI rallied from $4.95 up to $9.25 in a short span, reflecting rising interest after implementation.
Back in March, Proposals 94 and 95 saw support from a combined 139 million UNI, enabling the fee collection mechanism to expand across eight further blockchains.
The latest Proposal 96 would bring the total number of UNIfication-enabled networks to eleven. On the activated chains, v2 pools split the standard 0.3% trading fee, with 0.25% going to liquidity providers and 0.05% allocated for the protocol. For v3 pools, fee parameters are set by the new adapter contract per the proposal.
Uniswap’s financial profile and network dataData from Defillama shows that Uniswap’s cumulative protocol fees across all blockchains have reached $5.57 billion to date. Annually, the protocol generates approximately $477 million in revenue, with $3.3 billion currently locked in the platform.
BNB Chain has contributed $117 million in total value locked (TVL) and $3.53 million in protocol fees over the last 30 days, while Polygon accounts for $76.5 million TVL and $1.02 million in fees for the same period. However, fee rewards for UNI holders are not yet distributed on these two networks pending proposal approval.
NetworkTotal Value Locked (TVL)30-Day FeesDistributed to UNI HoldersBNB Chain$117 million$3.53 millionNoPolygon$76.5 million$1.02 millionNoCelo$4.87 million$174,000NoRecent price movements captured by CryptoAppsy indicate that UNI is currently trading at $3.30, a steep decline of 92.7% from its all-time high of $44.97 in May 2021.
As part of UNIfication, a total of 100 million UNI sourced from the treasury were retrospectively burned as a lump sum, calculated to represent fees that might have been accrued from the program’s inception. The proposal was co-authored by Uniswap founder Hayden Adams.
Streamlined governance rolls out for faster changesThe latest proposal implements the expedited governance process introduced with UNIfication. Under this fast-tracked system, fee parameters discussed in the community can progress from a five-day Snapshot poll to an on-chain vote immediately, expediting important protocol updates.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Polymarket confirmed a security exploit affected part of its infrastructure, pointing to a possible private key compromise involving a wallet used for top-up operations, while saying user funds and market resolution were safe.
In a Friday X post, Polymarket developers said contracts and core infrastructure were unaffected. Polymarket product lead Akanshu Jain and multiple other Polymarket employees also said user funds and market resolution are safe.
Blockchain investigator ZachXBT first flagged the exploit as a compromise to the Polymarket-linked UMA Conditional Tokens Framework (CTF) Adapter contract on Polygon, with the exploiter draining at least $520,000.
However, Josh Stevens, Polymarket’s vice president of engineering, said the contracts were safe and that the exploit was limited to a six-year-old private key used for internal top-up operations. All permissions tied to the key have been revoked, he said.
The UMA CTF adapter is an oracle contract used to help resolve Polymarket prediction markets through UMA’s Optimistic Oracle. Polymarket is the world’s second-largest prediction market with $3.7 billion in monthly trading volume, according to DefiLlama.
Polyscan data reviewed by Cointelegraph showed more than 100 small transfers into the alleged attacker wallet. Most were worth up to 5,000 Polygon (POL) tokens.
Address of the alleged Polymarket adapter contract attacker. Source: Polygonscan
Exploit losses climb past $600,000Multiple blockchain data platforms reported similar onchain activity tied to the suspected exploit.
Blockchain data visualization platform Bubblemaps said in a Friday X post that the attacker continues to remove about 5,000 POL tokens every 30 seconds, amassing about $600,000 in stolen funds at the time of writing.
Source: Bubblemaps
Blockchain data platform Lookonchain estimated that about $660,000 was drained from the Polymarket-linked contract as of 9:01 am UTC on Friday.
Polymarket integrated UMA’s optimistic oracle solution on Feb. 3, 2022, enabling automated and decentralized resolution for its prediction market contracts.
Cointelegraph contacted Polymarket and UMA for comment but had not received a response by publication.
Magazine: The legal battle over who can claim DeFi’s stolen millions
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Polymarket’s UMA CTF Adapter contract on Polygon has reportedly been targeted in a suspected exploit, with onchain analysts warning users to pause activity.
Summary
ZachXBT flagged a suspected UMA CTF Adapter exploit on Polygon with losses above $520K reported. PeckShield said two addresses were drained and some stolen funds were deposited into ChangeNOW already. Bubblemaps warned attackers were removing 5,000 POL every 30 seconds as losses kept rising quickly. A ZachXBT community alert said Polymarket’s UMA CTF Adapter contract on Polygon was suspected of being attacked. The alert listed losses above $520,000 and named the attacker address as 0x8F98075db5d6C620e8D420A8c516E2F2059d9B91.
PeckShield later said ZachXBT had reported that the contract had “potentially been exploited.” The security firm said two addresses, 0x871D…9082 and 0xf61e…4805, were drained of about $520,000. It also said part of the stolen funds had already moved to ChangeNOW.
Polymarket protocol contributor Shantikiran Chanal said the security reports were linked to rewards payout activity. He said user funds and market resolution are safe, adding that early findings point to “a private key compromise of a wallet used for internal operations, not contracts or core infrastructure.”
We’re aware of the security reports linked to rewards payout. User funds and market resolution are safe.
Findings point to a private key compromise of a wallet used for internal operations, not contracts or core infrastructure.
More updates to follow.
— Shantikiran Chanal (@ShantikiranC) May 22, 2026 Bubblemaps warns users to pause activity Bubblemaps also warned that a Polymarket contract had been exploited. The firm said attackers were removing 5,000 POL every 30 seconds and estimated losses at about $600,000 at the time of its alert.
PolygonScan data for 0x871D…9082 shows repeated outgoing transfers of 5,000 POL to an address tagged as Polymarket’s UMA CTF Adapter Admin. Several transfers occurred about 30 seconds apart, matching the pattern flagged by Bubblemaps.
Source: PolygonScan Meanwhile, Polymarket’s documentation says the UMA CTF Adapter connects markets to UMA’s Optimistic Oracle. The adapter is used to request and retrieve resolution data for prediction markets built on the Conditional Tokens Framework.
Polymarket’s newer documentation says all outcomes on the platform are tokenized through CTF, with outcome tokens backed by locked pUSD. That makes the affected contract area relevant to how markets are created, resolved, and redeemed onchain.
This is not Polymarket’s first UMA-related controversy. Earlier coverage noted that a UMA whale allegedly influenced a Polymarket market outcome tied to a Trump-Ukraine mineral deal, raising questions over oracle voting power and market resolution trust.
Attack comes as Polymarket expands The incident comes as Polymarket has been moving from a crypto-native prediction platform into a larger market structure debate. Recent crypto.news coverage said prediction markets led by Polymarket and Kalshi have grown into one of finance’s fastest-moving sectors.
The platform has also faced regulatory and market-design pressure. Earlier coverage noted Wisconsin’s lawsuit against Polymarket, Kalshi, Coinbase, Robinhood, and Crypto.com-linked entities, arguing some prediction markets function as unlicensed gambling products.
The suspected exploit adds a new technical risk layer to that debate. Polymarket is already watched for questions around regulation, resolution rules, and market integrity. A contract-level incident now puts user safety and smart contract controls back in focus.
The latest alert also follows a wider run of DeFi security incidents. Recent reports covered Echo Protocol’s paused bridge after unauthorized eBTC minting, while the Verus Ethereum bridge case took a different turn after the exploiter returned 4,052 ETH, following an $11.5 million forged-transfer attack.
SBI announced it will acquire cryptocurrency trading platform Bitbank for 46.7 billion yen.
According to Nikkei News, Japanese financial group SBI Holdings announced on the 25th that it will acquire cryptocurrency exchange platform bitbank for 46.7 billion yen (approximately $288 million). Upon completion of the transaction, SBI Group’s crypto asset custody scale is expected to exceed 1 trillion yen, making it one of the largest operators in Japan’s crypto industry. Per the plan, a subsidiary under SBI Holdings will acquire Bitbank shares from individual shareholders including its founders as early as August this year. Bitbank will then repurchase shares held by existing shareholders MIXI and Ceres by the end of October. If combining data from SBI’s own crypto exchange SBI VC Trade and Bitbank, as of April this year, the two firms had a total of around 2.92 million accounts and total custody assets of approximately 1.1 trillion yen. While different crypto exchanges disclose custody assets at varying time points, among Japan’s major industry competitors, bitFlyer held about 960 billion yen in custody assets as of the end of December 2025, and Coincheck had around 800 billion yen as of the end of March 2025.
4 minutes ago
Bithumb was fined for sharing user data overseas without consent.
South Korean regulatory authorities have ordered cryptocurrency exchange Bithumb to pay a 210 million won (approximately $136,000) fine for sharing user personal information with overseas platforms without user consent. According to an announcement released Thursday by South Korea’s Personal Information Protection Commission (PIPC), the relevant user data exposure occurred between September and November 2025. At that time, Bithumb transferred user information to overseas platforms while sharing its USDT market order book data. The PIPC also noted that when assisting users with asset transfers to 13 overseas exchanges, Bithumb failed to obtain full and sufficient user consent before sharing personal details including names, wallet addresses, and dates of birth. For the two violations, the PIPC not only imposed the fine but also ordered Bithumb to rectify its processes and management systems related to cross-border transmission of user information.
4 minutes ago
Analyst: SK Hynix’s US listing and fund-raising could trigger a valuation re-rating.
According to Bloomberg, SK Hynix is set to issue American Depositary Receipts (ADRs) on the Nasdaq on July 10. The listing aims to raise nearly $30 billion, making it one of the largest ADR issuances in history. Market participants widely believe the move will significantly expand its global investor base and may drive a valuation re-rating. Multiple asset management firms project that if its valuation converges with Micron Technology’s, its share price could rise by 30% over the next year. One fund manager noted that SK Hynix should trade at a valuation at least on par with Micron, as demand for memory chips is likely to outpace supply for years to come. The listing comes amid an unusually strong boom in the memory chip sector. Shares of Micron, SK Hynix, and Samsung Electronics have all surged over 200% this year, marking their best annual performance in decades. Demand for High Bandwidth Memory (HBM) from AI servers is widely seen as the driver of a structural "memory supercycle".
4 minutes ago
Jefferies: Samsung is likely to follow SK Hynix’s example to list in the US via ADRs.
Jeff Kim, Head of Research at Jefferies, said Samsung is likely to follow SK Hynix in listing on the U.S. market via American Depositary Receipts (ADRs), which will boost the share price of the South Korean chipmaker whose valuation lags behind Micron. "Chip stocks are at a turning point. ADRs will serve as an important catalyst to drive their valuations," he added.
An attacker is allegedly actively draining funds from Polymarket’s UMA CTF Adapter contract on Polygon in a live exploit first identified by onchain investigator ZachXBT. Losses have climbed from an initial $520,000 to more than $660,000 as the attack continues, with the attacker removing approximately 5,000 POL tokens every 30 seconds.
Bubblemaps, Lookonchain, and PeckShield have all independently confirmed the exploit is ongoing. Users have been advised to pause all Polymarket activity immediately.
However, in a latest update, Polymarket’s VP of Engineering has issued a clarification. No Polymarket contracts were exploited. No UMA contracts were exploited. All user funds on the platform remain safe.
How the Attack Is Unfolding
The attacker wallet is executing repeated small withdrawals from contracts linked to Polymarket’s UMA CTF Adapter system on Polygon at a consistent 30-second interval. Each transaction removes approximately 5,000 POL tokens. The cumulative total has already exceeded $660,000 and is rising.
To complicate recovery efforts the attacker has already split stolen funds across 15 separate wallet addresses. A portion of the stolen funds has been deposited into ChangeNOW, a swap service that can be used to convert and obscure the origin of funds.
The primary exploit address has been identified as 0x8F98075db5d6C620e8D420A8c516E2F2059d9B91. PeckShield also flagged two additional drained addresses: 0x871D…9082 and 0xf61e…4805.
Polymarket’s ResponsePolymarket confirmed it is investigating the issue and stated that user funds on the platform itself remain safe. The exploit appears contained to the UMA CTF Adapter contract rather than Polymarket’s core platform infrastructure.
No further official statement had been issued at the time of writing despite the attack remaining active.
What Users Should DoOnchain security analysts are advising all Polymarket users to pause activity on the platform until the exploit is fully contained and Polymarket issues a formal update. Anyone with funds in contracts connected to the UMA CTF Adapter on Polygon should monitor their positions closely.
The exploit remains active. Loss figures are expected to rise further before the attack is contained.
Story Ends Here
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What Happened on Polymarket’s Polygon Infrastructure? Polymarket opened an internal investigation on Friday after suspicious outflows were flagged from infrastructure tied to its UMA CTF Adapter on Polygon, raising fresh questions over the security of systems used around prediction market resolution.
Onchain investigator ZachXBT first flagged funds being drained from two related addresses. Blockchain analysts later put the amount at more than $660,000 as of Friday morning, up from the roughly $520,000 initially identified. The activity was linked to Polymarket’s UMA CTF Adapter infrastructure, which connects UMA’s Optimistic Oracle with the Gnosis Conditional Tokens framework used for market resolution on the platform.
Polymarket confirmed awareness of the incident in a Discord message and said early findings pointed to a possible private key compromise involving a wallet used for internal top-up operations. The company said the incident did not appear to involve a breach of contracts or core infrastructure.
“User funds and market resolution are safe,” Polymarket said in the Discord message. Josh Stevens, VP of Engineering for DeFi at Polymarket, separately wrote on X that the incident was not a contract hack and appeared to involve a compromised private key, adding that user funds on the platform are safe.
Why Does the UMA CTF Adapter Matter? The affected infrastructure sits close to a key function for Polymarket: market resolution. The UMA CTF Adapter links UMA’s Optimistic Oracle with the Gnosis Conditional Tokens framework, which helps settle outcomes for prediction markets. That makes the system operationally important even if the reported incident did not compromise user balances or core contracts.
ZachXBT identified an address tied to the suspected exploit on Polygon as 0x8F980…d9B91. PolygonScan labels one related address as “Polymarket Adapter Exploiter 1.” The contract referenced in the alert was “0x91430…4E5c5.” According to ZachXBT, the drained addresses included “0x871D7…29082” and “0xf61e3…94805.”
Security firm PeckShield said part of the funds was later deposited into ChangeNOW, a non-custodial exchange, and independently corroborated ZachXBT’s analysis. That movement matters because asset transfers into swap or exchange services can complicate recovery and tracing efforts, even when wallet-level attribution is available onchain.
Investor Takeaway The incident does not appear to be a contract exploit based on Polymarket’s initial findings, but it still exposes a core risk for crypto market infrastructure: private key security around operational wallets can create headline and trust risk even when user funds are not directly affected.
What Does This Mean for Polymarket’s Risk Profile? Polymarket is one of the highest-profile prediction market platforms in crypto, allowing users to wager on real-world events using digital assets. That visibility increases the importance of operational controls around wallets, adapters, or third-party systems connected to market resolution and liquidity operations.
The timing is sensitive. Polymarket was reportedly in talks as recently as April 2026 to raise about $400 million at a valuation near $15 billion, after a $600 million strategic investment from Intercontinental Exchange, the parent company of the New York Stock Exchange. A security incident tied to internal infrastructure does not necessarily change the platform’s commercial trajectory, but it gives investors and partners another due diligence item to review.
The company’s initial message attempts to separate the incident from the platform’s contracts and core infrastructure. That distinction is important. A private key compromise tied to an internal top-up wallet is narrower than a protocol-level exploit. Still, for a platform built around trusted market resolution, any infrastructure-linked incident can draw scrutiny from users, regulators, and institutional partners.
Why Is This Not the First Infrastructure Concern? The Friday incident follows earlier scrutiny of Polymarket’s underlying systems. In March 2025, a single actor controlling roughly 25% of UMA’s voting power allegedly forced the resolution of a $7 million prediction market to “Yes” even though the underlying event did not occur. Polymarket reportedly described that case as an “unprecedented” governance attack on the protocol.
In December 2025, Polymarket also confirmed that several users had lost funds after a vulnerability was discovered in a third-party authentication provider. Together, the episodes show that prediction market risk is not limited to smart contracts. It can also come from oracle governance, operational wallets, authentication providers, and other systems surrounding the main platform.
For exchanges, investors, and market participants watching the prediction market sector, the latest incident reinforces the same point: infrastructure security is now part of the investment case. Polymarket’s growth has made it a central venue in crypto prediction markets, but its scale also means every operational failure receives more attention. The next test will be how quickly the company completes its investigation, traces the funds, and clarifies whether any additional internal controls are being changed.
PANews reported on May 22 that, according to Josh Stevens, VP of Engineering at Polymarket, with the assistance of ZachXBT, BitcoinVN, and ChangeNOW, $164,000 in funds related to the Polymarket private key breach has been frozen, representing approximately 28.6% of the total transferred amount of $573,200. Josh stated that the incident did not affect Polymarket or the UMA smart contract, user funds are safe, and the platform is operating normally. The investigation revealed that the incident stemmed from the leakage of a private key that had existed for approximately six years. This private key was used for internal recharge configuration, causing funds to be continuously sent to affected addresses. The team is currently continuing to track the remaining stolen funds.
SBI announced it will acquire cryptocurrency trading platform Bitbank for 46.7 billion yen.
According to Nikkei News, Japanese financial group SBI Holdings announced on the 25th that it will acquire cryptocurrency exchange platform bitbank for 46.7 billion yen (approximately $288 million). Upon completion of the transaction, SBI Group’s crypto asset custody scale is expected to exceed 1 trillion yen, making it one of the largest operators in Japan’s crypto industry. Per the plan, a subsidiary under SBI Holdings will acquire Bitbank shares from individual shareholders including its founders as early as August this year. Bitbank will then repurchase shares held by existing shareholders MIXI and Ceres by the end of October. If combining data from SBI’s own crypto exchange SBI VC Trade and Bitbank, as of April this year, the two firms had a total of around 2.92 million accounts and total custody assets of approximately 1.1 trillion yen. While different crypto exchanges disclose custody assets at varying time points, among Japan’s major industry competitors, bitFlyer held about 960 billion yen in custody assets as of the end of December 2025, and Coincheck had around 800 billion yen as of the end of March 2025.
4 minutes ago
Bithumb was fined for sharing user data overseas without consent.
South Korean regulatory authorities have ordered cryptocurrency exchange Bithumb to pay a 210 million won (approximately $136,000) fine for sharing user personal information with overseas platforms without user consent. According to an announcement released Thursday by South Korea’s Personal Information Protection Commission (PIPC), the relevant user data exposure occurred between September and November 2025. At that time, Bithumb transferred user information to overseas platforms while sharing its USDT market order book data. The PIPC also noted that when assisting users with asset transfers to 13 overseas exchanges, Bithumb failed to obtain full and sufficient user consent before sharing personal details including names, wallet addresses, and dates of birth. For the two violations, the PIPC not only imposed the fine but also ordered Bithumb to rectify its processes and management systems related to cross-border transmission of user information.
4 minutes ago
Analyst: SK Hynix’s US listing and fund-raising could trigger a valuation re-rating.
According to Bloomberg, SK Hynix is set to issue American Depositary Receipts (ADRs) on the Nasdaq on July 10. The listing aims to raise nearly $30 billion, making it one of the largest ADR issuances in history. Market participants widely believe the move will significantly expand its global investor base and may drive a valuation re-rating. Multiple asset management firms project that if its valuation converges with Micron Technology’s, its share price could rise by 30% over the next year. One fund manager noted that SK Hynix should trade at a valuation at least on par with Micron, as demand for memory chips is likely to outpace supply for years to come. The listing comes amid an unusually strong boom in the memory chip sector. Shares of Micron, SK Hynix, and Samsung Electronics have all surged over 200% this year, marking their best annual performance in decades. Demand for High Bandwidth Memory (HBM) from AI servers is widely seen as the driver of a structural "memory supercycle".
4 minutes ago
Jefferies: Samsung is likely to follow SK Hynix’s example to list in the US via ADRs.
Jeff Kim, Head of Research at Jefferies, said Samsung is likely to follow SK Hynix in listing on the U.S. market via American Depositary Receipts (ADRs), which will boost the share price of the South Korean chipmaker whose valuation lags behind Micron. "Chip stocks are at a turning point. ADRs will serve as an important catalyst to drive their valuations," he added.
PANews reported on May 23 that a representative from prediction market Polymarket stated that the security incident was caused by the leakage of a private key that had been used for six years. This private key was used for internal deposit configuration, and some funds subsequently flowed to related addresses.
The team has completed the private key rotation and reclaimed all production environment access. The next step is to migrate all private keys to a Key Management Service (KMS), abandoning the traditional storage method. The platform and UMA contract were not attacked, user funds are safe, and platform operations are unaffected.
Hyperliquid has expanded its HIP-4 outcome market to let users trade prediction-style contracts on offchain events like U.S. inflation data and Federal Reserve decisions alongside crypto derivatives.Unlike rival Polymarket, which relies on UMA’s external oracle, Hyperliquid resolves these markets through its own validator set, which ingests news, decides which markets to list and votes on settlement outcomes.The fully collateralized Yes/No contracts, which settle at either 1 USDC or zero, position Hyperliquid as a potential multi-asset venue where traders can combine crypto perps with macro and event-driven bets without shifting collateral across platforms.Decentralized platform Hyperliquid is now competing with established betting platforms such as Polymarket, but with a differentiated mechanism for resolving bets.
The leading decentralized exchange has expanded its HIP-4 outcome contracts beyond crypto price milestones into real-world events. This native prediction-market infrastructure allows users to trade macro contracts, such as inflation data and interest-rate decisions, directly alongside their standard crypto perpetuals out of a single account.
Outcome markets mark a notable expansion for the decentralized derivatives venue, which built its business around crypto perpetual futures and initially tested the product using price‑outcome contracts settled against its own market data.
Hyperliquid first tested the product on exchange‑native outcomes, such as whether bitcoin would trade above a specific level by a fixed time using Hyperliquid’s own reference prices. The latest rollout expands that model into real‑world macro events, or offchain outcomes, like U.S. inflation and Federal Reserve decisions, directly competing with prediction market platforms like Polymarket.
Native resolutionWhat sets it apart is that HIP‑4 brings dispute resolution and settlement in‑house, rather than depending on an external oracle network like Polymarket.
Here’s why it matters. Offchain events introduce a new problem: determining truth.
Polymarket handles this through UMA, an external oracle protocol that uses an optimistic dispute system. A proposed settlement stands unless challenged, at which point UMA tokenholders vote on the final result. That model has faced criticism following controversial resolutions, prompting accusations that large tokenholders could influence outcomes.
Hyperliquid uses a more vertically integrated model. Validators themselves ingest external information through automated newsfeed software, determine whether markets should launch, and vote on settlement outcomes.
Multi-purpose platformThe launch also fits into Hyperliquid’s broader effort to evolve into a multi‑asset trading venue. FalconX said in a recent report that the exchange’s expanding product stack could position it as a challenger not just to crypto‑native rivals but also to traditional exchanges.
“For example, you could pair a HIP‑3 perps position on NVDA with outcome markets that NVDA will miss or beat earnings,” CoinDesk previously reported.
Hyperliquid’s outcome markets are structured as fully collateralized contracts rather than leveraged bets, thereby limiting losses to the amount paid upfront. Traders buy “Yes” or “No” positions tied to a defined event, with contracts settling at either 1 USDC or zero USDC depending on the result. If a trader buys a “Yes” contract at 0.65 USDC, their maximum loss is limited to that upfront amount, unlike perpetual futures, where leverage can trigger liquidations.
That makes the product sit somewhere between a prediction market and a simplified binary options contract.
If Hyperliquid’s outcome markets gain traction, traders could eventually use the same venue to express directional crypto views, hedge macro risks, and speculate on event outcomes without moving collateral between platforms.
PANews reported on May 26th that, according to Bloomberg, the adjudication of disputed contracts on Polymarket is being dominated by a small number of UMA holders. Bloomberg statistics show that of the more than 6,400 addresses that participated in Polymarket dispute adjudication votes over the past three years, just nine large wallets contributed about half of the UMA voting power and were on the winning side in almost all disputes. In April 2026, approximately 230 contracts with a total trading volume exceeding $1 billion entered the dispute adjudication process, representing less than 1% of all Polymarket contracts, but the frequency of disputes increased with the trading volume. Some traders criticized the mechanism, arguing that it effectively grants anonymous whales a "fact-based decision-making power" driven by economic interests, and that plans by Polymarket and Risk Labs, which is responsible for UMA, to improve the process have been shelved.
SBI announced it will acquire cryptocurrency trading platform Bitbank for 46.7 billion yen.
According to Nikkei News, Japanese financial group SBI Holdings announced on the 25th that it will acquire cryptocurrency exchange platform bitbank for 46.7 billion yen (approximately $288 million). Upon completion of the transaction, SBI Group’s crypto asset custody scale is expected to exceed 1 trillion yen, making it one of the largest operators in Japan’s crypto industry. Per the plan, a subsidiary under SBI Holdings will acquire Bitbank shares from individual shareholders including its founders as early as August this year. Bitbank will then repurchase shares held by existing shareholders MIXI and Ceres by the end of October. If combining data from SBI’s own crypto exchange SBI VC Trade and Bitbank, as of April this year, the two firms had a total of around 2.92 million accounts and total custody assets of approximately 1.1 trillion yen. While different crypto exchanges disclose custody assets at varying time points, among Japan’s major industry competitors, bitFlyer held about 960 billion yen in custody assets as of the end of December 2025, and Coincheck had around 800 billion yen as of the end of March 2025.
4 minutes ago
Bithumb was fined for sharing user data overseas without consent.
South Korean regulatory authorities have ordered cryptocurrency exchange Bithumb to pay a 210 million won (approximately $136,000) fine for sharing user personal information with overseas platforms without user consent. According to an announcement released Thursday by South Korea’s Personal Information Protection Commission (PIPC), the relevant user data exposure occurred between September and November 2025. At that time, Bithumb transferred user information to overseas platforms while sharing its USDT market order book data. The PIPC also noted that when assisting users with asset transfers to 13 overseas exchanges, Bithumb failed to obtain full and sufficient user consent before sharing personal details including names, wallet addresses, and dates of birth. For the two violations, the PIPC not only imposed the fine but also ordered Bithumb to rectify its processes and management systems related to cross-border transmission of user information.
4 minutes ago
Analyst: SK Hynix’s US listing and fund-raising could trigger a valuation re-rating.
According to Bloomberg, SK Hynix is set to issue American Depositary Receipts (ADRs) on the Nasdaq on July 10. The listing aims to raise nearly $30 billion, making it one of the largest ADR issuances in history. Market participants widely believe the move will significantly expand its global investor base and may drive a valuation re-rating. Multiple asset management firms project that if its valuation converges with Micron Technology’s, its share price could rise by 30% over the next year. One fund manager noted that SK Hynix should trade at a valuation at least on par with Micron, as demand for memory chips is likely to outpace supply for years to come. The listing comes amid an unusually strong boom in the memory chip sector. Shares of Micron, SK Hynix, and Samsung Electronics have all surged over 200% this year, marking their best annual performance in decades. Demand for High Bandwidth Memory (HBM) from AI servers is widely seen as the driver of a structural "memory supercycle".
4 minutes ago
Jefferies: Samsung is likely to follow SK Hynix’s example to list in the US via ADRs.
Jeff Kim, Head of Research at Jefferies, said Samsung is likely to follow SK Hynix in listing on the U.S. market via American Depositary Receipts (ADRs), which will boost the share price of the South Korean chipmaker whose valuation lags behind Micron. "Chip stocks are at a turning point. ADRs will serve as an important catalyst to drive their valuations," he added.
A multi-million-dollar Polymarket contract on whether Strategy sold any bitcoin by May 31 has been disputed twice and is now in front of UMA tokenholders, reigniting an analyst argument that prediction-market oracles built on token voting are structurally unfit for high-stakes settlement.
A Polymarket contract that drew more than $60 million in trading volume is sitting in UMA's optimistic-oracle queue after two proposed "No" resolutions on the question "MicroStrategy sells any Bitcoin by May 31, 2026?" were challenged, sending the dispute to a token-weighted vote.
The trigger is a Strategy 8-K filed Monday that disclosed 32 BTC sold between May 26 and May 31 at an average net price of $77,135, the first disposal since 2022. The sale closed before the contract's 11:59 PM ET cutoff. The 8-K hit the wire on June 1. The contract is now reading 12c Yes / 89c No.
The dispute is being framed across Crypto Twitter not as an edge case but as a structural verdict on Polymarket's resolution stack. "UMA's token-voting model is structurally broken," analyst Eric Conner (@econoar) posted Monday. "Whales weaponize ambiguous rules to resolve Polymarket markets incorrectly and save their own positions. Zero legitimacy remains until deterministic settlement replaces it. This is exactly what Hyperliquid fixes with HIP-4."
UMA's VotePolymarket outsources contested settlements to UMA's optimistic oracle, where a proposed resolution can be challenged twice before the question escalates to a token-holder vote. The native token's voting power, not a court of facts, decides the payout.
A Wall Street Journal investigation in May found that in most disputed Polymarket markets more than half the UMA votes came from the ten largest wallets, at least 60% of active UMA voters could be linked to live Polymarket accounts, and roughly one in five disputes had at least one voter with a financial stake in the contract they were ruling on. Polymarket has logged more than 1,150 disputed markets in 2026, already past its full-year 2025 total.
The Strategy market is the highest-dollar live test since the $237 million Zelenskyy-suit market last year. Polymarket itself can't override the vote; it posted a bulletin telling voters that "no information from MSTR, on-chain data, or consensus of credible reporting confirmed that MicroStrategy sold Bitcoin within the market's timeframe. Confirmation achieved outside of the market's timeframe does not qualify."
Yes-side traders, including a holder pseudonymous as "Surprised-Legacy" whose $19,610 wager at roughly 11c would pay about $200,000 if Yes resolves, argue the 8-K's stated sale window, not the filing's date, is what the rules ask about.
Deterministic-Settlement Hyperliquid's HIP-4 outcome markets, live on mainnet since May 2, replace the optimistic-oracle layer entirely. Settlement is determined by the chain's own validator set running automated newsfeed software; there is no token-vote backstop, no two-round dispute window, and no path for a holder of the settlement-layer token to also be a participant in the market being settled. Each binary contract resolves to 1 or 0 against a pre-specified data source.
Kalshi reaches the same end-state through opposite infrastructure: an exchange-cleared central-counterparty book run through Kalshi Klear LLC, CFTC-registered as a derivatives clearing organization in August 2024. Disputes are handled by the exchange under rules filed with a federal regulator, not by anonymous tokenholders.
Polymarket's U.S. arm is itself now a CFTC-registered designated contract market, but the international book where the Strategy market sits still settles in USDC on Polygon under UMA.
Where the $60M Sits NowUMA's voting window runs roughly two days. The June 30 and December 31 children of the same market have already resolved Yes without dispute, meaning the $60 million in question turns entirely on whether "selling in May" requires public disclosure inside the month or only on-chain execution inside the month.
Polymarket has finalized a disputed prediction market with a “No” outcome after 98.6% of voting power backed the decision in a final UMA review, despite Strategy disclosing that it sold 32 Bitcoin before the market’s May 31 deadline.
Summary
Polymarket finalized the disputed Strategy Bitcoin sale market with a “No” outcome after 98.6% of UMA voting power backed the decision. Traders challenged the ruling because Strategy disclosed that it sold 32 Bitcoin between May 26 and May 31, before the contract deadline. The dispute has fueled debate over whether prediction markets should be resolved based on when an event occurred or when it was publicly confirmed. According to Polymarket’s market data, the contract asking whether Strategy would sell any Bitcoin by May 31 completed its final review on Wednesday, ending a dispute that had already triggered two previous “No” resolutions and subsequent challenges.
At the center of the disagreement is Strategy’s June 1 regulatory filing, which revealed that the company sold 32 BTC for roughly $2.5 million between May 26 and May 31.
Traders who supported a “Yes” outcome argued that the sale itself occurred before the deadline stated in the market question. Others maintained that the transaction was not publicly confirmed until after the deadline had passed.
Days before the final review concluded, Polymarket added a note to the market page stating that “confirmation achieved outside of the market’s time frame does not qualify.” The clarification became a key point in the debate over how the contract should be resolved.
Traders challenge resolution standards Across social media, several traders criticized the decision and questioned whether the outcome matched the original wording of the contract.
Among the most vocal participants was trader 0xDinosaur, who previously disclosed that he had purchased 49,695.76 “Yes” shares for about 35,000 USDC.
In a public statement issued before the final ruling, he argued that the contract referred to whether Strategy sold Bitcoin by May 31 and did not explicitly require the sale to be publicly disclosed before that date.
“My position was aggressive, and maybe I was greedy,” 0xDinosaur wrote on X. “But risk-taking does not change the facts, and it does not allow a platform to apply an unclear or unwritten rule after real money has already been placed.”
Earlier reporting on the dispute noted that Strategy’s filing showed the company sold 32 Bitcoin during the final week of May, while still holding 843,706 BTC as of May 31. The filing stated that proceeds from the sale were expected to support preferred stock distributions.
Elsewhere on X, trader willo2 argued that UMA voters were obligated to follow Polymarket’s published rules rather than their personal interpretation of the outcome.
“Even if UMA voters think that this outcome is ridiculous… they are forced to ratify it,” willo2 wrote. “This is because UMA is forced to respect the rules as written by Polymarket. Polymarket changed the rules, and now the outcome is literally in the rules.”
Here's my honest opinion on the MSTR market resolution.
It will close NO.
This is because UMA is forced to respect the rules as written by Polymarket. Polymarket changed the rules, and now the outcome is literally in the rules.
Even if UMA voters think that this outcome is… pic.twitter.com/nOGMibeaBh
— willo2 (@willo2_Poly) June 3, 2026 The trader claimed to have lost $500,000 after placing large “Yes” positions on June 1, alleging that the market remained open for betting after information about the sale had emerged.
Debate expands beyond a single market Beyond the financial losses reported by traders, the dispute has drawn attention to how prediction markets handle events that occur before a deadline but become public afterward.
Galaxy Research said the controversy was less about the outcome itself and more about which set of rules should govern the contract’s resolution.
“The core issue is whether the original rules (event-based) or the post-trade clarification (confirmation-based) governs,” Galaxy Research wrote on X. “Traders correctly predicted the future. The platform is about to tell them they were wrong anyway.”
It argued that prediction markets should prioritize the occurrence of an event rather than reinterpretations introduced after trading has taken place.
“Prediction markets should price what happens, not how the oracle will reinterpret rules after the fact,” the firm said, adding that clearer listing criteria, deterministic resolution methods for verifiable events, and structural changes ahead of potential regulatory oversight could help prevent similar disputes.
Polymarket resolved its disputed bitcoin-sale prediction markets by ruling the May 31 contract No and the June 30 contract Yes, following a vote by UMA token holders.The dispute centered on whether Strategy’s sale of 32 bitcoin between May 26 and May 31 should count toward the May deadline, with UMA voters deciding that only the June 1 public disclosure date mattered.A small group of large UMA holders, including wallets linked to Risk Labs and prominent ecosystem participants, overwhelmingly swung the vote toward No, causing May bettors to lose despite the sale occurring in late May.Strategy’s recent bitcoin sale, the first in more than three years, sparked a major dispute on Polymarket, with the dispute settlement body led by UMA token holders ultimately ruling against bettors who wagered the sale would occur by May 31.
The controversy began after Strategy disclosed in a June 1 filing that it had sold 32 bitcoin between May 26 and May 31. Traders who bought Yes on the May market argued the company had clearly sold bitcoin before the deadline. Others countered that the transaction was not publicly disclosed until June 1 and therefore should not count toward a May 31 cutoff.
UMA token holders, who serve as the dispute-resolution layer for Polymarket's oracle system, sided decisively with the latter view.
The resolution means bettors who wagered that Strategy would sell bitcoin by May 31 lost despite the company later disclosing the sale occurred during the final week of May. The June contract, meanwhile, resolved Yes because the transaction became public during June.
The result was driven by a handful of large token holders, which undercuts the core promise of decentralized finance where governance is democratized and not led by few whales.
The biggest vote came from borntoolate.eth, which cast 3.11 million voting weight for No. Other major No votes included UMA contributor Kevin Chan with 1.53 million voting weight and several wallets casting more than 1 million each. Together, the four largest No voters controlled nearly 7 million voting weight, more than 25 times the entire Yes side.
Several wallets identified as affiliated with Risk Labs, the company behind UMA, also voted No, alongside other prominent UMA ecosystem participants.
Not everyone is pleased with the resolution. Galaxy Research, which had significant exposure to the May contract, pushed back sharply on X. The firm stressed that Strategy explicitly sold the 32 Bitcoin between May 26 and May 31, and that the market’s resolution criteria should focus on when the sale occurred — not when it was publicly announced on June 1.
"Strategy's SEC-filed Form 8k explicitly stated that Strategy sold between May 26–31. A plain reading of the resolution criteria would suggest that the market should have resolved to YES, hence the controversy," the firm said.
Polymarket paid mostly college-age creators to stage fake winning bets on copycat versions of its website. A Wall Street Journal investigation found none of the roughly $1.9 million in bets shown across 1,105 videos were real.
The findings run counter to the company’s core pitch. Polymarket settles every real trade on a public blockchain that anyone can audit. Its growth campaign relied on the opposite, staged trades on fake sites that no ledger could verify.
How Polymarket’s Alleged Fake Bets WorkedReal Polymarket trades run on the Polygon blockchain and settle in USDC. Markets resolve through UMA’s permissionless oracle, where anyone can propose or dispute an outcome by posting a $750 bond. Every position is public.
The marketing operation lived entirely off that ledger. The Journal reportedly reviewed 1,105 videos from 10 promoted creators between December and mid-May. Around 70% showed a bet, and none were genuine.
One video showed a creator winning $100,000 after Trump appeared to say the word McDonald’s in January. Trump never said it publicly that month, and the clip was older.
NEW investigation for @WSJ:
– Polymarket is paying scores of offshore clippers to quietly promote its international exchange in the U.S. (though it’s banned from letting Americans trade on the platform)
– Polymarket made dummy websites mirroring its real site, then paid creators… pic.twitter.com/vHU62JdoIH
— Neil Mehta (@neilmhta) June 21, 2026 On the real market, public data shows more than 50 accounts made that bet, and all lost.
Many clips were filmed on dummy sites such as poiymarket.com, built to mirror the real platform. Across 118 videos, creators celebrated roughly $900,000 in fabricated wins. The same bets would have lost more than $166,000.
Creators earned about $2,000 to $3,000 a month and were told not to disclose the payments. A hired marketing firm then pushed the clips past 140 million views. The pattern echoes an earlier market resolution dispute that dented user trust.
Scandal Hits During Polymarket’s US ComebackThe timing is awkward. US regulators fined Polymarket $1.4 million in 2022 for running an unregistered market and ordered the winding down of non-compliant trades.
The company later reincorporated in Panama, with its headquarters reportedly a shared law office that also worked with FTX.
We looked into Polymarket's presence in Panama, obtained its government paperwork and visited its headquarters in Panama City.
There was no sign of Polymarket. Nobody had heard of Polymarket there.
After more digging, we found that more than a dozen other crypto companies…
— Bobby Allyn (@BobbyAllyn) May 5, 2026 Polymarket has since won a regulated US market entry and now wants to bring its exchange onshore.
The fake campaign specifically targeted American users, who can still reach the offshore site through a VPN.
Trust questions are not new. A separate Journal analysis found most users lose money, even as the videos sold easy profit.
Now competing with regulated rival Kalshi, Polymarket said it will audit its promotional content.
That review, which is changing how regulators view its onshore push, may shape the next phase of the prediction market race.
SBI announced it will acquire cryptocurrency trading platform Bitbank for 46.7 billion yen.
According to Nikkei News, Japanese financial group SBI Holdings announced on the 25th that it will acquire cryptocurrency exchange platform bitbank for 46.7 billion yen (approximately $288 million). Upon completion of the transaction, SBI Group’s crypto asset custody scale is expected to exceed 1 trillion yen, making it one of the largest operators in Japan’s crypto industry. Per the plan, a subsidiary under SBI Holdings will acquire Bitbank shares from individual shareholders including its founders as early as August this year. Bitbank will then repurchase shares held by existing shareholders MIXI and Ceres by the end of October. If combining data from SBI’s own crypto exchange SBI VC Trade and Bitbank, as of April this year, the two firms had a total of around 2.92 million accounts and total custody assets of approximately 1.1 trillion yen. While different crypto exchanges disclose custody assets at varying time points, among Japan’s major industry competitors, bitFlyer held about 960 billion yen in custody assets as of the end of December 2025, and Coincheck had around 800 billion yen as of the end of March 2025.
4 minutes ago
Bithumb was fined for sharing user data overseas without consent.
South Korean regulatory authorities have ordered cryptocurrency exchange Bithumb to pay a 210 million won (approximately $136,000) fine for sharing user personal information with overseas platforms without user consent. According to an announcement released Thursday by South Korea’s Personal Information Protection Commission (PIPC), the relevant user data exposure occurred between September and November 2025. At that time, Bithumb transferred user information to overseas platforms while sharing its USDT market order book data. The PIPC also noted that when assisting users with asset transfers to 13 overseas exchanges, Bithumb failed to obtain full and sufficient user consent before sharing personal details including names, wallet addresses, and dates of birth. For the two violations, the PIPC not only imposed the fine but also ordered Bithumb to rectify its processes and management systems related to cross-border transmission of user information.
4 minutes ago
Analyst: SK Hynix’s US listing and fund-raising could trigger a valuation re-rating.
According to Bloomberg, SK Hynix is set to issue American Depositary Receipts (ADRs) on the Nasdaq on July 10. The listing aims to raise nearly $30 billion, making it one of the largest ADR issuances in history. Market participants widely believe the move will significantly expand its global investor base and may drive a valuation re-rating. Multiple asset management firms project that if its valuation converges with Micron Technology’s, its share price could rise by 30% over the next year. One fund manager noted that SK Hynix should trade at a valuation at least on par with Micron, as demand for memory chips is likely to outpace supply for years to come. The listing comes amid an unusually strong boom in the memory chip sector. Shares of Micron, SK Hynix, and Samsung Electronics have all surged over 200% this year, marking their best annual performance in decades. Demand for High Bandwidth Memory (HBM) from AI servers is widely seen as the driver of a structural "memory supercycle".
4 minutes ago
Jefferies: Samsung is likely to follow SK Hynix’s example to list in the US via ADRs.
Jeff Kim, Head of Research at Jefferies, said Samsung is likely to follow SK Hynix in listing on the U.S. market via American Depositary Receipts (ADRs), which will boost the share price of the South Korean chipmaker whose valuation lags behind Micron. "Chip stocks are at a turning point. ADRs will serve as an important catalyst to drive their valuations," he added.
SBI announced it will acquire cryptocurrency trading platform Bitbank for 46.7 billion yen.
According to Nikkei News, Japanese financial group SBI Holdings announced on the 25th that it will acquire cryptocurrency exchange platform bitbank for 46.7 billion yen (approximately $288 million). Upon completion of the transaction, SBI Group’s crypto asset custody scale is expected to exceed 1 trillion yen, making it one of the largest operators in Japan’s crypto industry. Per the plan, a subsidiary under SBI Holdings will acquire Bitbank shares from individual shareholders including its founders as early as August this year. Bitbank will then repurchase shares held by existing shareholders MIXI and Ceres by the end of October. If combining data from SBI’s own crypto exchange SBI VC Trade and Bitbank, as of April this year, the two firms had a total of around 2.92 million accounts and total custody assets of approximately 1.1 trillion yen. While different crypto exchanges disclose custody assets at varying time points, among Japan’s major industry competitors, bitFlyer held about 960 billion yen in custody assets as of the end of December 2025, and Coincheck had around 800 billion yen as of the end of March 2025.
4 minutes ago
Bithumb was fined for sharing user data overseas without consent.
South Korean regulatory authorities have ordered cryptocurrency exchange Bithumb to pay a 210 million won (approximately $136,000) fine for sharing user personal information with overseas platforms without user consent. According to an announcement released Thursday by South Korea’s Personal Information Protection Commission (PIPC), the relevant user data exposure occurred between September and November 2025. At that time, Bithumb transferred user information to overseas platforms while sharing its USDT market order book data. The PIPC also noted that when assisting users with asset transfers to 13 overseas exchanges, Bithumb failed to obtain full and sufficient user consent before sharing personal details including names, wallet addresses, and dates of birth. For the two violations, the PIPC not only imposed the fine but also ordered Bithumb to rectify its processes and management systems related to cross-border transmission of user information.
4 minutes ago
Analyst: SK Hynix’s US listing and fund-raising could trigger a valuation re-rating.
According to Bloomberg, SK Hynix is set to issue American Depositary Receipts (ADRs) on the Nasdaq on July 10. The listing aims to raise nearly $30 billion, making it one of the largest ADR issuances in history. Market participants widely believe the move will significantly expand its global investor base and may drive a valuation re-rating. Multiple asset management firms project that if its valuation converges with Micron Technology’s, its share price could rise by 30% over the next year. One fund manager noted that SK Hynix should trade at a valuation at least on par with Micron, as demand for memory chips is likely to outpace supply for years to come. The listing comes amid an unusually strong boom in the memory chip sector. Shares of Micron, SK Hynix, and Samsung Electronics have all surged over 200% this year, marking their best annual performance in decades. Demand for High Bandwidth Memory (HBM) from AI servers is widely seen as the driver of a structural "memory supercycle".
4 minutes ago
Jefferies: Samsung is likely to follow SK Hynix’s example to list in the US via ADRs.
Jeff Kim, Head of Research at Jefferies, said Samsung is likely to follow SK Hynix in listing on the U.S. market via American Depositary Receipts (ADRs), which will boost the share price of the South Korean chipmaker whose valuation lags behind Micron. "Chip stocks are at a turning point. ADRs will serve as an important catalyst to drive their valuations," he added.
SwissBorg has announced its partnership with Mastercard to launch the SwissBorg Debit Card. This collaboration marks a significant milestone for both companies and represents a crucial step in integrating cryptocurrency with traditional finance. The SwissBorg Crypto Card aims to provide users with an easy way to spend cryptocurrencies across a wide range of services and merchants that accept Mastercard.
Big news breaking 🚀
We’re proud to announce our partnership with @Mastercard as we prepare to launch the SwissBorg Debit Card. This marks a significant milestone both for SwissBorg and for the integration of cryptocurrency with everyday finance.
— SwissBorg (@swissborg) December 10, 2025 SwissBorg and Mastercard to Ensure Instant Crypto-to-Fiat Conversion The SwissBorg Debit Card will allow users to convert their cryptocurrencies into fiat currencies instantly during transactions. This feature ensures that individuals can use their digital assets in everyday purchases without the need for multiple conversions or lengthy processes. The card will function similarly to traditional debit cards, making it easier for cryptocurrency holders to access their funds in a manner familiar to most consumers.
The partnership enables seamless transactions at millions of locations worldwide where Mastercard is accepted. This collaboration enhances the user experience by bridging the gap between crypto and fiat currencies, ultimately making cryptocurrencies more accessible for day-to-day usage.
Bringing Web3 to Real-World Utility The SwissBorg Crypto Card is designed to bring true ownership of digital assets to its users, emphasizing the integration of Web3 technologies into everyday finance. By offering direct access to cryptocurrencies for daily spending, the card provides an innovative solution that connects the crypto world with the real economy. SwissBorg aims to continue its efforts in enhancing the utility of cryptocurrencies while offering a rewarding and secure financial tool for its community.
As the demand for crypto adoption grows, this partnership with Mastercard marks an important development in the cryptocurrency sector, helping to bring digital assets into mainstream financial ecosystems.
AUTHOR
Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.
Base’s integration eliminates the complexity of cross-chain interaction while preserving the app’s one-tap simplicity. SwissBorg’s Meta-Exchange combines liquidity from fiat rails, decentralized exchanges, and centralized exchanges into a single, user-friendly trading platform. Today, SwissBorg, the leading cryptocurrency investment and earning app in Europe, revealed that Base has been integrated into its Meta-Exchange (MEX), increasing access to the rapidly developing Layer 2 ecosystem. SwissBorg users benefit from reduced slippage execution, improved access to new Base-native coins, and deeper liquidity channels as a result of this connection.
Key Base DEXs including Uniswap, PancakeSwap, and Aerodrome—the network’s native liquidity layer optimized for capital efficiency and early-stage token markets—now provide liquidity to the Meta-Exchange as part of the integration. As the ecosystem develops, more integrations will come.
SwissBorg’s Meta-Exchange combines liquidity from fiat rails, decentralized exchanges, and centralized exchanges into a single, user-friendly trading platform. Base’s integration eliminates the complexity of cross-chain interaction while preserving the app’s one-tap simplicity.
“Base is today the most active Layer-2 on Ethereum, home to some of the most exciting projects and tokens in the ecosystem,” said Cyrus Fazel, Co-Founder and CEO of SwissBorg. “With Base, Solana, BNB Chain, Avalanche, and more now live, SwissBorg covers almost all liquid tokens across crypto. One tap is all it takes to swap cross-chain, as our Meta-Exchange arbitrages liquidity and delivers execution that often outperforms traditional CEXs, without bridges, friction, or complexity.”
Based on the OP Stack and developed in partnership with Coinbase, Base provides a quick, affordable environment that is compatible with EVMs and has a growing development community. Base has established itself as a very busy center for DeFi, consumer-facing apps, and new token launches because to its high throughput and low transaction costs.
In addition to more recent integrations like Solana, Avalanche, Berachain, Hyperliquid, and BNB Chain, SwissBorg is expanding its multi-chain liquidity infrastructure by linking to Base. With just one touch, users may exchange Base-native assets for any SwissBorg-compatible token, eliminating the need for network switches, bridges, or external wallets.
Since the Meta-Exchange offers greater liquidity, wider token access, and less friction via a single, smooth interface, Base’s arrival is another advancement in SwissBorg’s goal to create the most potent cross-chain liquidity layer.
The leading community-driven cryptocurrency wealth management platform is SwissBorg, which was developed in Switzerland and has an EU license. SwissBorg is dedicated to openness and trust, and its goal is to democratize the future of finance so that everyone may achieve financial independence. At its heart is the innovative Meta-Exchange, which easily links to a number of decentralized and centralized exchanges to provide customers the greatest pricing and liquidity. In addition to trading, SwissBorg enables customers to access early Web3 possibilities via its Alpha Pre-Sales and provides tailored yield strategies with DeFi. At the center of their ecosystem, Swissborg’s token, BORG, offers its owners a host of advantages.
A diploma graduate who is passionate about digital currency and loves writing. He loves the concept of crypto and keeps himself up to date with the latest development and news of the crypto world.
Lausanne, Switzerland, January 15th, 2026, Chainwire
SwissBorg, Europe’s leading app for investing and earning crypto, today announced the integration of Base into its Meta-Exchange (MEX), expanding access to the fast growing Layer 2 ecosystem. Through this connection, SwissBorg users gain deeper liquidity routes, better access to emerging Base-native tokens, and lower-slippage execution.
As part of the integration, the Meta-Exchange now supports liquidity from key Base DEXs, including Uniswap, PancakeSwap, and Aerodrome, the network’s native liquidity layer optimised for capital efficiency and early-stage token markets. Additional integrations will follow as the ecosystem matures.
SwissBorg’s Meta-Exchange aggregates liquidity from centralized exchanges, decentralized exchanges, and fiat rails, consolidating them into a unified, intuitive trading experience. The integration of Base maintains the app’s one-tap simplicity and removes the complexities of cross-chain interaction.
“Base is today the most active Layer-2 on Ethereum, home to some of the most exciting projects and tokens in the ecosystem,” said Cyrus Fazel, Co-Founder and CEO of SwissBorg. “With Base, Solana, BNB Chain, Avalanche, and more now live, SwissBorg covers almost all liquid tokens across crypto. One tap is all it takes to swap cross-chain, as our Meta-Exchange arbitrages liquidity and delivers execution that often outperforms traditional CEXs, without bridges, friction, or complexity.”
Base, built on the OP Stack in collaboration with Coinbase, offers a fast, low-cost environment with EVM compatibility and an expanding developer ecosystem. With high throughput and inexpensive transactions, Base has positioned itself as a highly active hub for DeFi, consumer-facing applications, and emerging token launches.
By connecting to Base, SwissBorg continues to extend its multi-chain liquidity infrastructure, adding to recent integrations such as Solana, Avalanche, Berachain, Hyperliquid, and BNB Chain. Users can swap Base-native assets against any SwissBorg-supported token in a single tap, without needing external wallets, bridges, or network switching.
The addition of Base is another step forward in SwissBorg’s mission to build the most powerful cross-chain liquidity layer broader vision, as the Meta-Exchange delivers more liquidity, broader token access, and less friction through a single, seamless interface.
About SwissBorg
SwissBorg is the leading community-driven crypto wealth management platform, engineered in Switzerland and licensed in the EU. Committed to trust and transparency, SwissBorg is on a mission to democratise the future of finance to make financial freedom possible for everyone. At its core is the groundbreaking Meta-Exchange, which seamlessly connects to multiple centralised and decentralised exchanges to secure the best liquidity and prices for users. Beyond trading, SwissBorg offers curated yield strategies through DeFi, and empowers users to access early Web3 opportunities through its Alpha Pre-Sales. Swissborg’s token, BORG, sits at the heart of their ecosystem providing a multitude of benefits to its holders.
Website | X | LinkedIn | Discord
Base Network
Base is an Ethereum Layer 2 (L2) network that provides a secure, low-cost, and developer-friendly environment for building decentralized applications. Its mission is to help make onchain the next online and support the onboarding of more than one billion users into the cryptoeconomy. Designed to serve as both the home for Coinbase’s onchain products and an open ecosystem for builders everywhere, Base aims to create an accessible, scalable foundation for the next generation of onchain applications and communities.
[PRESS RELEASE – Lausanne, Switzerland, January 15th, 2026]
SwissBorg, Europe’s leading app for investing and earning crypto, today announced the integration of Base into its Meta-Exchange (MEX), expanding access to the fast-growing Layer 2 ecosystem. Through this connection, SwissBorg users gain deeper liquidity routes, better access to emerging Base-native tokens, and lower-slippage execution.
As part of the integration, the Meta-Exchange now supports liquidity from key Base DEXs, including Uniswap, PancakeSwap, and Aerodrome, the network’s native liquidity layer optimised for capital efficiency and early-stage token markets. Additional integrations will follow as the ecosystem matures.
SwissBorg’s Meta-Exchange aggregates liquidity from centralized exchanges, decentralized exchanges, and fiat rails, consolidating them into a unified, intuitive trading experience. The integration of Base maintains the app’s one-tap simplicity and removes the complexities of cross-chain interaction.
“Base is today the most active Layer-2 on Ethereum, home to some of the most exciting projects and tokens in the ecosystem,” said Cyrus Fazel, Co-Founder and CEO of SwissBorg. “With Base, Solana, BNB Chain, Avalanche, and more now live, SwissBorg covers almost all liquid tokens across crypto. One tap is all it takes to swap cross-chain, as our Meta-Exchange arbitrages liquidity and delivers execution that often outperforms traditional CEXs, without bridges, friction, or complexity.”
Base, built on the OP Stack in collaboration with Coinbase, offers a fast, low-cost environment with EVM compatibility and an expanding developer ecosystem. With high throughput and inexpensive transactions, Base has positioned itself as a highly active hub for DeFi, consumer-facing applications, and emerging token launches.
By connecting to Base, SwissBorg continues to extend its multi-chain liquidity infrastructure, adding to recent integrations such as Solana, Avalanche, Berachain, Hyperliquid, and BNB Chain. Users can swap Base-native assets against any SwissBorg-supported token in a single tap, without needing external wallets, bridges, or network switching.
The addition of Base is another step forward in SwissBorg’s mission to build the most powerful cross-chain liquidity layer broader vision, as the Meta-Exchange delivers more liquidity, broader token access, and less friction through a single, seamless interface.
About SwissBorg
SwissBorg is the leading community-driven crypto wealth management platform, engineered in Switzerland and licensed in the EU. Committed to trust and transparency, SwissBorg is on a mission to democratise the future of finance to make financial freedom possible for everyone. At its core is the groundbreaking Meta-Exchange, which seamlessly connects to multiple centralised and decentralised exchanges to secure the best liquidity and prices for users. Beyond trading, SwissBorg offers curated yield strategies through DeFi, and empowers users to access early Web3 opportunities through its Alpha Pre-Sales. Swissborg’s token, BORG, sits at the heart of their ecosystem providing a multitude of benefits to its holders.
Website | X | LinkedIn | Discord
Base Network
Base is an Ethereum Layer 2 (L2) network that provides a secure, low-cost, and developer-friendly environment for building decentralized applications. Its mission is to help make onchain the next online and support the onboarding of more than one billion users into the cryptoeconomy. Designed to serve as both the home for Coinbase’s onchain products and an open ecosystem for builders everywhere, Base aims to create an accessible, scalable foundation for the next generation of onchain applications and communities.
SwissBorg has stated that its Meta-Exchange will be upgraded significantly so that customers will be able to access native USDC and ETH within the Base network. The update will represent another move towards the goal of SwissBorg of simplifying the use of crypto, as well as transforming traditional finance and integrating it into onchain ecosystems. The platform encourages native assets as opposed to wrapped versions of the same, thus improving the security and efficiency of users who visit Base.
🟦 You can now access native $USDC and $ETH directly in the Meta-Exchange.
SwissBorg isn’t just the one-tap gateway to an expanding Marketplace of @Base tokens.
We’re the seamless bridge from 15 fiat currencies, Apple Pay, or Google Pay straight to Base, ready for swaps, apps,… pic.twitter.com/q4MuxEnOMN
— SwissBorg (@swissborg) January 16, 2026 Such an integration makes SwissBorg a simple access point to users who want exposure to Base-based applications, tokens, and decentralized services without having to play a full game on elaborate bridges and a variety of platforms.
At the heart of the SwissBorg product offering is the Meta-Exchange, which pools centralized and decentralized liquidity in a single application. Since Base now supports both native USDC and ETH, users now have direct access to one of the most rapidly expanding Layer 2 ecosystems on Ethereum.
The shift will facilitate smooth exchanges between centralized exchange liquidity and opportunities of decentralized finance with a single turn of the tap. SwissBorg stresses that the absence of this nuisance does not contradict its overarching objective of ensuring sophisticated crypto tools for both inexperienced and seasoned users.
A Direct Bridge From Fiat to Base Among the best aspects of this update is the increased fiat onramp features available to SwissBorg. The Base ecosystem supports 15 fiat currencies that users can transfer money to using the well-recognized payment systems like Apple Pay and Google Pay. This erases the conventional process with multiple steps that can discourage people to go window shopping through onchain applications.
Simplify the trip between fiat and Base SwissBorg is removing the barriers to entry, increasing the adoption rates of the decentralized apps, swaps, and valuable applications of onchain to more widespread applications.
Powering the Growing Base Economy Base is still available in the Ethereum ecosystem and it has continued to draw developers and users who require scalability, reduced fees, and high uncompromised security. The support of native USDC and ETH by SwissBorg is in line with this expansion, where users have access to key assets utilized throughout the Base economy.
The Meta-Exchange by SwissBorg offers a single layer of access as Base applications proliferate through DeFi, gaming, consumer applications and other applications. Users are able to communicate with Base tokens, allocate capital effectively, and discover some new opportunities without switching between apps.
One App, One Tap Vision SwissBorg writes that the update represents a manifestation of its one app, one tap philosophy. As opposed to dividing the user experience between wallets, bridges, and exchanges, the platform will strive to make everything one smooth experience.
Being a multi-chain and cross-chain access gateway, supporting native assets, offering cross-chain access and fiat options, SwissBorg is placed at the stage of crypto adoption. The Base integration serves to support that vision as it directly links traditional finance to an onchain ecosystem that is growing.
Looking Ahead The introduction of native USDC and ETH on Base underlines the fact that SwissBorg remains interoperable and user-centered. Of course, with faster onchain and increased prominence of Layer 2 networks, platforms that help ease access may be a necessity.
The latest SwissBorg update is an indication of a more widespread direction at seamless finance, where users can easily pass between fiat, centralized exchanges, and decentralized networks all in a single interface.
AUTHOR
With over five years of experience in crypto, blockchain, and tech content, Ishtiyaq makes complex topics easy to understand. He simplifies blockchain and digital currency concepts for a wide audience, ensuring that beginners and experts alike can grasp key ideas. His clear and engaging writing helps readers stay informed about the latest trends, developments, and innovations in the crypto space. Whether explaining blockchain technology, digital assets, or DeFi, Ishtiyaq breaks down complicated ideas into simple, digestible content. His goal is to help people navigate the fast-changing world of cryptocurrency with confidence, clarity, and a deeper understanding.
Users are able to choose a delay period that may last anywhere from one to ninety days, during which time they are unable to withdraw funds. Physical assaults that are based on fear and a sense of urgency are discouraged by Withdrawal Protection because it eliminates the potential of rapid rewards. Even in the event that a user is compelled to unlock their device and start a withdrawal, the application will still impose the waiting time. The prominent leading app in Europe for investing and earning cryptocurrency, SwissBorg, just made an announcement on the availability of Withdrawal Protection. This new security feature protects users against the increasing number of physical “wrench” assaults by imposing a time-lock that cannot be bypassed on all cryptocurrency withdrawals. This prevents the immediate transfer of assets out of a user’s account.
In light of the growing number of extortion attempts in the real world that include gaining unauthorized access to cryptocurrency wallets, there is a pressing need for additional protective measures on the human level. Withdrawal Protection is a strategy that was developed to confront and protect against this new and rising issue. A required, non-bypassable time-lock is applied to all cryptocurrency withdrawals when the feature is engaged. This prevents the immediate transfer of assets out of a user’s account during the withdrawal process. Users are able to choose a delay period that may last anywhere from one to ninety days, during which time they are unable to withdraw funds.
Physical assaults that are based on fear and a sense of urgency are discouraged by Withdrawal Protection because it eliminates the potential of rapid rewards. Even in the event that a user is compelled to unlock their device and start a withdrawal, the application will still impose the waiting time, which will theoretically prevent the user from having rapid access to their assets.
“Security must go beyond simply protecting accounts from hackers,” said Cyrus Fazel, Co-Founder and CEO of SwissBorg. “Crypto is reaching a point of widespread adoption, so it’s equally important to protect people in real-world situations. Withdrawal Protection is designed to give users time, control, and peace of mind in circumstances when digital safeguards alone may not be sufficient.”
The function is intended to be a “set and forget” safety protection once it is activated. After being activated in the security settings of the application, the delay that was determined will apply to all cryptocurrency withdrawals. There is no way to circumvent the wait, not even by SwissBorg support, which guarantees that the feature will continue to serve as an advantageous deterrent. At any moment, users have the ability to remove the Withdrawal Protection feature; nevertheless, the same wait period will apply until withdrawals are returned to immediately accessible status.
Within the SwissBorg app, trading and asset management are not impacted by the Withdrawal Protection feature. As usual, users are able to continue exchanging assets, managing portfolios, and making use of internal services. However, cryptocurrency withdrawals made outside of the SwissBorg ecosystem will continue to be time constrained. Also unaffected are internal transfers such as Smart Send, which necessitates the recipient’s Know Your Customer (KYC) documents.
SwissBorg has spent years developing a solid digital security architecture, which includes MPC keyless technology and visible Proof of Liabilities. As a result, the app is now considered to be one of the most secure places for the management of crypto assets. The implementation of Withdrawal Protection is a supplementary measure to SwissBorg’s more comprehensive “defense in depth” security approach. This strategy incorporates MPC keyless technology, Proof of Liabilities, and now a specific precaution against physical coercion.
It is possible to enable Withdrawal Protection by going to the Security section of a user’s profile, which is accessible in the most recent version of the SwissBorg app.
SwissBorg is the most prominent cryptocurrency wealth management platform that is driven by the community. It was developed in Switzerland and is licensed in the European Union. SwissBorg is not only dedicated to trust and transparency, but it is also on a mission to democratize the future of finance in order to make it possible for everyone to access financial independence. At the heart of it all is the revolutionary Meta-Exchange, which establishes a seamless connection to a number of different centralized and decentralised exchanges in order to provide consumers with the greatest possible opportunities for liquidity and pricing. In addition to trading, SwissBorg provides customers with tailored yield strategies via its DeFi platform. Additionally, the Alpha Pre-Sales platform gives users the ability to access early Web3 prospects. The Swissborg token, known as BORG, is at the center of the company’s ecosystem and offers its holders a wide range of financial and other advantages.
A devoted content writer having 3 years of crypto trading experience. Loves cooking and swimming. Stays up to date with the latest developments on blockchain technology.
SwissBorg, a digital asset investment platform with over $1 billion in assets under management, has obtained approval under the European Union’s Markets in Crypto-Assets (MiCA) regulation from the French Autorité des Marchés Financiers (AMF), the firm announced Friday.
The authorisation permits the platform to offer multiple crypto-asset services, including custody, administration, order execution, transfers, portfolio management, and crypto-asset advisory services.
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SwissBorg CEO Cyrus Fazel described the milestone as a defining moment for the company and the European crypto ecosystem, saying regulatory alignment is essential for building trust and enabling long-term innovation.
“At SwissBorg, we have always believed that embracing regulation is the only true path to mass adoption and long-term trust,” said Fazel. “Securing our MiCA approval is a defining moment for our community and the broader European crypto-asset ecosystem. It empowers us to innovate with legal certainty while offering our users the highest standard of protection.”
In the coming months, SwissBorg will migrate its European operations from its existing entity in Estonia to the newly authorised CASP entity in France.
The transition will occur gradually, and users will be informed of the process as it progresses.
SwissBorg has grown rapidly since launching its crypto app in 2021. The company completed a Series A community funding round in 2023, raising $23 million from 16,660 investors.
The company has a history of community-focused initiatives, including a successful 2017 ICO that raised $52 million and a 2018 blockchain referendum allowing users to vote on product development priorities. SwissBorg has also received industry recognition through its participation in the Venture Leaders Fintech programme and awards within the Swiss startup ecosystem.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
With the intention of establishing its European operations under MiCA, SwissBorg sought approval in a country that is well-known for having high regulatory criteria. It is a proof of SwissBorg’s solid internal controls, risk management, and dedication to the protection of user assets that the French authority has granted approval to SwissBorg. Following the completion of the migration, users throughout Europe will be able to take full use of the protections and precautions that are provided by MiCA. SwissBorg has been able to effectively get approval in accordance with the European Markets in Crypto-Assets (MiCA) regulations. This accreditation, which was granted by the French Autorité des Marchés Financiers (AMF), reinforces SwissBorg’s continuous commitment to offering crypto-asset wealth management that is safe, transparent, and completely compliance with all applicable governmental regulations.
This grants SwissBorg the authority to provide a wide range of services related to crypto-assets, such as custody and administration, order execution, transfer and putting, portfolio management, and the provision of advise on crypto-assets products and services. The authorization that was given by the AMF is quite all-encompassing, and the breadth of permission guarantees that SwissBorg will be able to continue to provide its present services while also extending its platform in a way that is compliant with the law.
“At SwissBorg, we have always believed that embracing regulation is the only true path to mass adoption and long-term trust,” said Cyrus Fazel, CEO and Co-Founder of SwissBorg. “Securing our MiCA approval is a defining moment for our community and the broader European crypto-asset ecosystem. It empowers us to innovate with legal certainty while offering our users the highest standard of protection.”
With the intention of establishing its European operations under MiCA, SwissBorg sought approval in a country that is well-known for having high regulatory criteria. The AMF of France is widely acknowledged as being among the most vigilant and stringent financial regulators in Europe. It is a continuous advocate for strong investor protection, and it has previously collaborated with market regulators in Austria and Italy to advocate for a more stringent framework for the regulation of crypto-assets. It is a proof of SwissBorg’s solid internal controls, risk management, and dedication to the protection of user assets that the French authority has granted approval to SwissBorg.
Justine Lamberger, Head of Legal at SwissBorg, added:
“Securing our MiCA approval through the AMF is no small feat; it is a testament to the uncompromising standards we set for ourselves. The AMF is rightfully recognised as one of the most demanding regulators in Europe, and successfully going through their rigorous assessment process ensures our users can have the utmost confidence in how their assets are protected. MiCA is propelling SwissBorg into a new era of institutional-grade crypto brokerage.”
Mr. Fazel also stated:
“I want to extend my deepest gratitude to the Autorité des Marchés Financiers (AMF) for their rigorous and constructive engagement throughout this process. Above all, I want to congratulate our incredible team. Their relentless hard work, expertise, and dedication have turned this vision into a reality.”
Over the course of the next several months, SwissBorg will arrange for the transfer of its European user activities from the operational company that is now located in Estonia to the new CASP-authorized organization that is located in France. This shift will become completely effective as soon as all of the relevant stages in the operational process have been finished. The migration procedure will be detailed in a specific letter that will be sent to existing users as the formal launch draws closer. Existing users do not need to take any action at this time. Following the completion of the migration, users throughout Europe will be able to take full use of the protections and precautions that are provided by MiCA.
SwissBorg is developing its unique wealth management services with legal certainty, and it is doing it while operating a fully authorized organization in one of the most tough regulatory environments in Europe.
SwissBorg is the most prominent cryptocurrency wealth management platform that is driven by the community. It was established in Switzerland and is managed by a licensed organization established in the European Union. SwissBorg is not only dedicated to trust and transparency, but it is also on a mission to democratize the future of finance in order to make it possible for everyone to access financial independence. At the heart of it all is the revolutionary Meta-Exchange, which establishes a seamless connection to a number of different centralized and decentralised exchanges in order to provide consumers with the greatest possible opportunities for liquidity and pricing. In addition to trading, SwissBorg provides customers with tailored yield strategies via DeFi. Additionally, the Alpha Pre-Sales gives users the ability to access early Web3 prospects. The BORG token, which is used by SwissBorg, is located at the core of their ecosystem and offers its holders a wide range of advantages.
A diploma graduate who is passionate about digital currency and loves writing. He loves the concept of crypto and keeps himself up to date with the latest development and news of the crypto world.
