May 13, 2026, 05:40 PM UTC

Bitcoin Breaches $72,000 as Spot ETF Inflows Eclipse Last Quarter's Total in Six Sessions
Institutional demand is tearing through supply. Coinbase custody wallets added 41,820 BTC in a week — more than miners produced in the same window.
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SEC Approves First Tokenized Treasury STO Under New Registered Offerings Framework
BlackRock's BUIDL-II becomes the first security token to clear the SEC's streamlined registered offering pathway. The document runs 312 pages. The press release runs four lines.

Ethereum Restaking TVL Passes $50 Billion as EigenLayer Opens Permissionless AVSes
The restaking primitive just became programmable for anyone. Launch-day filings include seven oracle services, three bridges, and one suspiciously generic 'data availability' AVS.
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Solana Recovers Above $200 as Firedancer Mainnet Soak Test Begins

Tokenized Real Estate Platform Propolis Closes $78M Series B Led by a16z

DeFi Insurance Protocol Pays First Restaking Slash Claim in Under Nine Minutes

On-Chain Governance Is Dying, and Its Practitioners Know It

Franklin Templeton Migrates $1.2B Tokenized Money Market Fund to Avalanche Subnet

Solana Launchpad Ozone Oversubscribed 43x in $85M AI Agents Token Sale

Bitmain's S23 Pro Shortage Is Reshaping the ASIC Resale Market

Abu Dhabi's ADGM Approves First Retail-Facing STO Platform in the Gulf

French AMF Clears Yonder Protocol Token Sale, Second Under New PSAN Regime

WisdomTree's WTIP Approval Stalls Over Disclosure Dispute With SEC Staff

Restaking Is Overbuilt, and Somebody Is About to Lose a Lot of Money

Kazakhstan Loses Another 1.2 GW of Hashrate as Power Allocation Policy Sours

State Street and Apollo Pilot Tokenized Corporate Bond Issuance on Ethereum

Korean Regulator Halts Cosmic Ventures Token Sale Mid-Subscription

MiCA's STO Framework Takes Full Effect, Opening EU-Wide Retail Tokenized Securities

The Quiet Case for Bitcoin Privacy, Before It's Too Late

Ethiopia's Bitcoin Mining Capacity Doubles on Renaissance Dam Power

Japan's FSA Approves First Native Domestic STO Platform on Polygon

Stablecoins Are Now the Product. Everything Else Is Distribution.

Terminus Drains $38M a Week After Oversubscribed Launch
Markets
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Bitcoin Breaches $72,000 as Spot ETF Inflows Eclipse Last Quarter's Total in Six Sessions
Institutional demand is tearing through supply. Coinbase custody wallets added 41,820 BTC in a week — more than miners produced in the same window.

Stablecoin Market Cap Tops $200 Billion for the First Time as USDC Closes the Gap on Tether
Circle has added $12 billion in supply this quarter, narrowing Tether's lead to the smallest margin since 2021. The composition of who is holding what has changed, too.

Solana Recovers Above $200 as Firedancer Mainnet Soak Test Begins
After a brief network hiccup earlier this week, traders are repricing the chain's reliability narrative on the back of Jump Crypto's long-awaited client.
ICO
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LayerX ICO Closes $420M Hard Cap in Fifteen Minutes, Rekindling 2017 Flashbacks
A zk-rollup with a three-page whitepaper and no working testnet sold out a nine-figure raise before most participants finished reading the terms. Regulators are already asking questions.

Solana Launchpad Ozone Oversubscribed 43x in $85M AI Agents Token Sale
A Helius-backed launchpad's latest sale drew 146,000 wallets for a fixed $85 million allocation. The token is a utility token for an AI agents framework with a four-person team.

French AMF Clears Yonder Protocol Token Sale, Second Under New PSAN Regime
The Autorité des Marchés Financiers granted approval for the €45M raise on Tuesday. The project is a decentralized mapping protocol and will distribute tokens over a 90-day window.
STO
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SEC Approves First Tokenized Treasury STO Under New Registered Offerings Framework
BlackRock's BUIDL-II becomes the first security token to clear the SEC's streamlined registered offering pathway. The document runs 312 pages. The press release runs four lines.

Tokenized Real Estate Platform Propolis Closes $78M Series B Led by a16z
The New York-based startup has quietly built the regulatory scaffolding to fractionalize commercial real estate at scale. The new round is aimed at distribution, not engineering.

Franklin Templeton Migrates $1.2B Tokenized Money Market Fund to Avalanche Subnet
The BENJI share class will settle on a permissioned Avalanche subnet beginning May 1. Franklin says the move cuts operational costs by an estimated 38 basis points annually.
DeFi
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Ethereum Restaking TVL Passes $50 Billion as EigenLayer Opens Permissionless AVSes
The restaking primitive just became programmable for anyone. Launch-day filings include seven oracle services, three bridges, and one suspiciously generic 'data availability' AVS.

DeFi Blue Chips Quietly Underperform as Liquidity Rotates Into Restaking and Real-World Assets
Uniswap, Aave, and Maker have all lagged ETH year-to-date. The capital that used to flow into governance tokens is going somewhere else — and it's not coming back.

DeFi Insurance Protocol Pays First Restaking Slash Claim in Under Nine Minutes
A small AVS misconfiguration led to a $1.4M slash across 62 restakers. Nexus Mutual's v4 policy paid out before most of the affected addresses noticed.
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