London, United Kingdom, May 13th, 2026, Chainwire Following the successful completion of its private testing phase, BASIS is now officially live, with the platform publicly accessible at basis.pro as the company moves to address what industry participants increasingly describe as a structural gap in digital asset infrastructure. The platform, developed with engineering support from Base58 Labs, has been tested under live market conditions with a select group of institutional participants. While reported metrics included sub-50 microsecond p99 execution latency, throughput exceeding 100,000 operations per second, and 100% uptime, the evaluation extended beyond peak performance benchmarks. Testing was designed to observe…
Author: Crypto Flexs
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Senator Cynthia Lummis is proposing the CLARITY Act with a message designed to appeal to both sides of the cryptocurrency regulation debate. That means protecting developers and empowering police. The Wyoming Republican highlighted provisions of the Digital Asset Market Clarity Act of 2025 that would protect software developers from being classified as money transmitters while also giving law enforcement stronger tools for digital asset enforcement. What CLARITY laws actually do The bill, introduced as HR 3633, takes aim at one of the most persistent headaches of cryptocurrency: the problem of not knowing who is in charge. The bill formally establishes…
Zurich, Switzerland, May 12th, 2026, Chainwire The fintech project SNC Scandic Coin (SNC) was launched by the global Scandic Finance Group (SFG). In an interview with the Neue Zürcher Nachrichten, Uwe Sellmer, a specialist in the financial sector, explained how the SNC token differs from speculative cryptocurrencies: it will serve as a regulated payment, access and loyalty instrument integrated into the SFG Group’s services, rather than merely being an object of speculation. Specifically, users within the network can pay for media apps, private jet flights, yachts, cars, AI products and domains, amongst other things, and benefit from loyalty programmes. This…
Zug, Switzerland, May 12th, 2026, Chainwire Bitcoin Suisse (International) Ltd., an affiliate of the Bitcoin Suisse Group, has received a Class F license under Bermuda’s Digital Asset Business Act and Class B registration approval under the Investment Business Act from the Bermuda Monetary Authority, authorising regulated digital asset management and investment advisory services for professional and institutional clients. The Bitcoin Suisse Group today announced that its affiliate Bitcoin Suisse (International) Ltd. has obtained a Class F digital asset business license under Bermuda’s Digital Asset Business Act and Class B registration under the Investment Business Act 2003 from the Bermuda Monetary…
Zug, Switzerland, May 12th, 2026, Chainwire As part of a broader initiative to expand access to essential banking infrastructure across Africa, Cantor8 has revealed plans to bring leading mobile money systems such as M-PESA and EVC Plus onchain via Yiksi Limited. Cantor8 has secured exclusive MOUs with Yiksi Limited, outlining plans to bring leading mobile money systems onchain and enable direct digital money services-to-crypto conversion via blockchain rails. Through its partnership with Taran App, a leading African fintech platform, and Yiksi, Taran App’s cryptocurrency exchange, Cantor8 will leverage Taran App’s infrastructure to bring two of Africa’s most widely used forms…
ZUG, SWITZERLAND, May 12th, 2026, Chainwire Nine protocol initiatives that target EVM compatibility, gasless transactions, compliant security tokens, transaction privacy, AI agent micropayments, and quantum-safe cryptography The Casper Association today published the Casper Manifest, a multi-year technical roadmap designed to make Casper Network the infrastructure layer for regulated real-world asset tokenization and the emerging machine-to-machine economy. The Manifest was introduced by Casper Association President & CTO Michael Steuer at the Digital Finance Forum in Bermuda, before an audience of leaders from Web3, traditional finance, and institutional finance. Building on major protocol releases delivered since mid-2025, including Casper 2.0 with deterministic…
Bakkt reported a net loss for the first quarter of 2026 due to a sharp decline in cryptocurrency services revenue. The digital asset platform posted a net loss under Bakkt of $11.7 million, or 41 cents per basic and diluted share, in the quarter ended March 31, compared with net income of $7.7 million, or $1.13 per diluted share, a year ago. Cryptocurrency services revenue decreased 77% year-on-year to $243.6 million, which Bakkt attributed to lower cryptocurrency trading volume. However, most of that revenue was offset by cryptocurrency expenses and brokerage fees, which totaled $242 million in the quarter. Excluding…
Dubai, UAE, May 12th, 2026, Chainwire NEXST, the AI-driven entertainment infrastructure building the next generation of immersive fan engagement, today announced that its native token, $NXT, will begin trading globally on May 12, 2026 across major crypto trading platforms, including OKX Boost, KuCoin, MEXC, and LBank. The $NXT TGE will mark the launch of the core utility asset powering the NEXST AI Entertainment ecosystem and its on-chain fan economy. By integrating immersive VR experiences featuring Tier-1 artists, Japanese idol IP-based social gaming, and AI-powered social platforms, NEXST is bringing the multi-trillion-dollar entertainment economy on-chain. $NXT Official Listing Schedule The $NXT…
Victoria, Seychelles, May 12th, 2026, Chainwire MEXC, a pioneer in 0-fee digital asset trading, announced the launch of Race to Zero Season 2, where participants have the chance to win from a prize pool of up to 2,000g of gold bars. The event reflects MEXC’s commitment to 0-fee trading, where the in-game race to zero echoes the platform’s 0-fee philosophy and its vision of infinite opportunities for all. Season 1 of Race to Zero drew strong participation, attracting over 130,000 registered users and generating more than $62.8 billion in futures trading volume and $574 million in spot trading volume over…
Dubai, U.A.E, May 11th, 2026, Chainwire MultiBank Group’s crypto arm mb.io, brings African gold on-chain by partnering with Kings Orbis, EON3 Group, and Mavryk. Institutional gold tokenisation programme to be powered by mb.io RWA, with vaulting in Dubai under LBMA-approved custody, dedicated supply from EON3 Group, and Mavryk as the Layer 1 blockchain and RWA tech infrastructure partner. mb.io, the crypto arm of MultiBank Group, has confirmed an institutional partnership with Kings Orbis, EON3 Group Ghana Ltd, and Mavryk to develop an institutional-grade tokenisation programme for physically-backed gold sourced from West Africa. The partnership unites four institutional roles in a…