Injective yesterday hit an ATH in user activity and transactions

https://x.com/injective/status/1922378383972880889

Abstract Chain TGE is expected on Q4

https://x.com/lorenzo_onx/status/1922375096573857867

Succinct Launches Stage 2 of Prover Network Testnet

https://x.com/SuccinctLabs/status/1922347891114295575

Arbitrum has announced a $10 million investment into blockchain gaming through its newly formalised venture initiative, Arbitrum Gaming Ventures

The $10 million allocation is intended to support projects working on games, publishing platforms, and underlying infrastructure. The five selected recipients are Wildcard, Hyve Labs, T-Rex, Xai, and Proof of Play.

• Wildcard is developing a multiplayer game that combines third-person combat with spectator interaction. It is led by industry veterans with experience in mainstream game development.
• Hyve Labs is creating a gaming-specific rollup designed to allow cross-platform gameplay on social platforms and browsers.
• T-Rex is focused on consumer blockchain infrastructure, with operations concentrated in Southeast Asia.
• Xai is building a Layer 3 chain using Arbitrum Orbit, intended to connect traditional PC games to blockchain features.
• Proof of Play is an on-chain game studio best known for Pirate Nation. The company is led by the co-creator of FarmVille and backed by a16z.

https://nftplazas.com/arbitrum-commits-10-million-to-blockchain-gaming-projects/

Stablecoin issuer Tether bought $458.7 million worth of Bitcoin for Twenty One Capital, a Bitcoin investment firm it backed that’s awaiting the completion of a Special Purpose Acquisition Company (SPAC) merger with Cantor Equity Partners

https://cointelegraph.com/news/tether-459-million-bitcoin-twenty-one-capital

Mavryk raises $8.9M & secures $3B in RWAs.
$MVRK L1 community sale is live!

📌 Mavryk is a next-gen Layer 1 blockchain redefining asset ownership, integrating RWA tokenization with advanced DeFi to unlock the full potential of global assets.

Mavryk secured a $3B real estate tokenization deal with MultiBank and MAG, bringing premium assets like the Ritz-Carlton onchain and tapping into MultiBank’s 2M users – a major boost for its network growth and DeFi potential.

Presale First Round: $0.10
ICO Page: https://ico.mavryk.org/

https://coinpedia.org/information/how-mavryk-beat-mantra-to-monster-3b-rwa-tokenization-deal/

✅ World's largest $3B RWA tokenization deal with MAG
✅ 2M users from MultiBank Group’s exchange
✅ $MVRK CEX listing confirmed + UniSwap/Aerodrome DEXs.

🔥20,000,000+ testnet transactions
🔥1,200,000+ wallets

#promo

Standard Chartered is teaming up with digital assets prime brokerage FalconX in a deal aimed at bolstering crypto services for institutional investors

https://decrypt.co/319624/falconx-taps-standard-chartered-in-institutional-crypto-investor-tie-up

Global Financial Powerhouse MultiBank Launches Multi-Billion Dollar Digital Asset Ecosystem: the MBG Ecosystem

The MBG Ecosystem is powered by the MBG token, connecting 3 core platforms:
1. ⁠MultiBank FX – This is the Group’s long-standing CFD trading platform since 2005, providing access to forex, indices, commodities, and crypto. It processes over $35 billion in daily trading volume and supports up to 1 million transactions a day.
2. MEX Exchange – A new institutional-grade ECN designed for deep liquidity, particularly in the GCC and emerging markets. It launches with $40 billion in expected daily volume and aims to scale to $460 billion/day within five years.
⁠3. MultiBank.io – This is the Group’s digital asset platform.

https://decrypt.co/319631/global-financial-powerhouse-multibank-launches-multi-billion-dollar-digital-asset-ecosystem

Financial Times Introduces a documentary about Michael Saylor

https://www.youtube.com/watch?v=O_WjH0mqKww

The GENIUS Act Receives Bipartisan Support

https://www.bloomberg.com/news/articles/2025-05-13/crypto-backed-stablecoin-bill-gets-bipartisan-push-for-quick-revival-in-senate

Ethereum Foundation is announcing the Trillion Dollar Security initiative, an ecosystem-wide effort to upgrade Ethereum’s security to help bring the world onchain

https://blog.ethereum.org/en/2025/05/14/trillion-dollar-security

JPMorgan Chase has completed the first transaction settlement on the public chain with the help of Chainlink and Ondo Finance, purchasing tokenized treasury bonds deployed on the ONDO public ledger through a private chain account and triggering cross-chain payments using the Chainlink

https://fortune.com/crypto/2025/05/14/jpmorgan-chase-kinexys-digital-payments-ondo-chainlink/

Privasea Ai (PRAI) trading has started on Kucoin, MEXC, and others.

PRAI is now trading at ~$0.086
FDV: $86M

https://www.kucoin.com/trade/PRAI-USDT

Tether Announces QVAC, Its Upcoming Development Platform for Infinite and Ubiquitous Intelligence – Deploying and Evolving AI Agents on User Devices, Not Big Tech Data Centers

https://x.com/Tether_to/status/1922653957060477411

The crypto market correction
BTC Dominance - 61.02%

Market Cap - $3.35T
BTC - $102,762.25 (-0.76%)
ETH - $2,575.19 (-2.49%)
XRP - $2.52 (-1.16%)
BNB - $647.74 (-1.9%)
SOL - $174.17 (-3.28%)
SUI - $3.85 (-2.97%)

https://dropstab.com

Coinbase Chief Executive Officer Brian Armstrong said the largest US crypto exchange continues to look at mergers and acquisitions, following its $2.9 billion agreement to buy the derivatives exchange Deribit earlier this month.

https://www.bloomberg.com/news/articles/2025-05-14/coinbase-s-armstrong-looks-to-make-more-acquisitions-after-deribit-purchase

MetaMask co-founder Dan Finlay said the team is still considering a native token for the wallet

Parent company Consensys has long floated the idea of launching tokens for its verticals, including MetaMask, in an attempt to drive “progressive decentralization.”

“If we ever do it, it’ll be advertised directly in the wallet. You’ll be able to find a link directly in the wallet,” Finlay said on Wednesday.

https://www.theblock.co/post/354386/metamask-co-founder-dan-finlay-says-token-is-still-a-maybe

Cantor Fitzgerald Chairman Brandon Lutnick Says He Personally Checked Tether‘s Reserves

https://www.coindesk.com/consensus-toronto-2025-coverage/2025/05/14/cantor-fitzgerald-chairman-brandon-lutnick-says-he-personally-checked-tethers-reserves

Binance has announced the 18th project on the HODLer Airdrops page – Nexpace (NXPC)

Users who subscribed their BNB to Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products from 2025-05-06 00:00 UTC to 2025-05-09 23:59 UTC will get the airdrops distribution.

Binance will then list NXPC at 2025-05-15 07:30 UTC and open trading against USDT, USDC, BNB, FDUSD, and TRY pairs.

Max Token Supply: 1,000,000,000 NXPC
HODLer Airdrops Token Rewards: 30,000,000 NXPC (3.00% of Total Token Supply)
Circulating Supply upon Listing on Binance: 169,040,000 NXPC (16.90% of total token supply)

https://www.binance.com/en/support/announcement/detail/07c88538531d40d49492b314994bf6c5