Japanese and South Korean stock markets opened higher
TechFlow news, May 27, the Nikkei 225 index opened up 883.50 points, or 1.36%, at 65879.59 points. South Korea’s KOSPI index opened up 195.89 points, or 2.43%, at 8243.4 points.
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US SEC Proposes to Revise IPO ‘Running Ahead’ Rules to Boost Number of Listed Companies in the US
According to TechFlow on Deep Tide, on May 27, the U.S. Securities and Exchange Commission (SEC) is considering amending decades-old rules that prohibit companies from making certain communications during the listing process, with the aim of boosting Initial Public Offerings (IPOs). SEC Chairman Paul Atkins said at a Stanford University event on Tuesday local time … Read more
TD Cowen: The likelihood of the Clarity Act passing this year has decreased due to the deteriorating political environment in the United States.
PANews reported on May 27 that, according to The Block, TD Cowen stated that the likelihood of the CLARITY bill passing this year is decreasing as the US political environment continues to deteriorate. Jaret Seiberg, managing director of TD Cowen’s Washington research group, pointed out that recent developments involving President Trump have made it more … Read more
DeFi TVL has decreased by approximately 14% since the KelpDAO attack.
PANews reported on May 27th that, according to The Block, since the KelpDAO cross-chain bridge attack in mid-April, the total value locked (TVL) in DeFi has decreased by approximately 14%, from about $172 billion to $148 billion. The attackers exploited vulnerabilities in off-chain infrastructure, rather than smart contracts, to steal approximately $292 million, exposing new … Read more
Crypto PAC Fairshake backs Menefee with $5M in Texas
A crypto PAC affiliated with Fairshake has poured $5 million into a Texas congressional runoff ahead of Tuesday’s vote. Protect Progress, an affiliate of the crypto-backed Fairshake PAC, spent $5 million supporting Democratic challenger Christian Menefee in Tuesday’s Texas 18th…
Schiff: Investors Will Buy Tokenized Gold Instead of Crypto
The debate over the ultimate macroeconomic store of value is reigniting as financial commentator Peter Schiff and ARK Invest CEO Cathie Wood clash over the future of digital savings. While Schiff dismisses Bitcoin’s long-term utility.
Ondo Finance founder Nathan Allman unexpectedly passed away, President Ian De Bode will succeed as CEO
TechFlow by Deep Tide, May 26, news from Ondo Finance announcing the unexpected passing of its founder Nathan Allman. The statement said that Nathan Allman’s vision, humility, and execution shaped Ondo Finance’s growth, and his philosophy of promoting a more open and inclusive financial system will continue to guide the company’s future development. Ondo Finance … Read more
The US-Iran ceasefire agreement will be extended by 60 days
Shenzhen Tide TechFlow News, May 26 – According to Nikkei News, the ceasefire agreement between the United States and Iran reached in early April has been extended for 60 days. Ships from all countries will be able to navigate freely and safely as before the strait closure.
It is reported that Iran will open the Strait of Hormuz within 30 days of the agreement being reached, and the ceasefire agreement will be extended for 60 days.
PANews reported on May 26 that, according to a report by Nikkei citing a Middle Eastern diplomatic source, the United States and Iran are discussing a plan to open the Strait of Hormuz approximately 30 days after the two countries reach an agreement to end hostilities. Once an agreement is reached, Iran will clear mines … Read more
Babylon proposes integrating native Bitcoin collateral on Aave V4 without requiring cross-chain bridges and custody.
On May 26th, PANews reported that Babylon Labs has initiated a temperature check proposal in the Aave community, suggesting integrating native Bitcoin as collateral on Aave V4 via the Babylon Trustless Bitcoin Vaults protocol. This solution requires no encapsulation, cross-chain bridges, or custodians. Users lock their Bitcoin in Taproot UTXOs, and redemption is controlled by … Read more
