Latest FinTech & Blockchain News

đź“…May 10, 2026 at 1:00 PM
Crypto market sees WLFI collapse, Bitcoin stability at $80K, Chainlink gains, NEAR quantum upgrade, Fannie Mae crypto mortgages, IONIX presale lead, amid fintech shifts.
1

DeFi Hash Expands Mobile Cloud Infrastructure Platform

DeFi Hash is expanding its mobile cloud infrastructure amid rising demand for digital asset participation and mobile-first fintech. Global demand for these services continues to accelerate. Source 1

2

Trump-Linked WLFI Token Collapses Over 85%

World Liberty Financial imploded after Bloomberg revealed secret token sales funneling proceeds to insiders, causing WLFI to drop over 85% from its peak. Bitcoin held near $80,000 despite ETF inflow doubts. Binance added withdrawal locks amid a kidnapping surge. Source 2

3

Solv Protocol Moves $700M Bitcoin from LayerZero to Chainlink

Solv Protocol migrated over $700 million in tokenized Bitcoin to Chainlink’s CCIP due to LayerZero security concerns, following Kelp DAO’s switch after a $292M hack. This shifts nearly $1B toward Chainlink in bridge infrastructure. Source 2

4

Bittensor TAO Surges 6% to $311, Eyes $485 on ETF Hopes

Bittensor’s TAO completed an inverse head-and-shoulders pattern, surging 6% to $311 with $280 support holding. A pending spot ETF from Grayscale and Bitwise could drive it to $485 if approved. Source 2

5

NEAR Protocol Jumps 14% on Quantum-Safe Upgrade Confirmation

NEAR surged to $1.49 after confirming NIST-approved post-quantum signature integration in Q2, enabling single-transaction user migration without hard forks. It extends to 35+ chains. Source 2

6

Polygon Wallet Enables Private Stablecoin Transfers

Polygon Labs added shielded USDC and USDT transfers using Hinkal’s ZK privacy tech, hiding sender, recipient, and amount. It includes sanctions screening for business and institutional users. Source 2

7

Fannie Mae Accepts Crypto-Backed Mortgages via Coinbase

Fannie Mae began accepting mortgages backed by Bitcoin or USDC holdings through Coinbase and Better Home & Finance, covering down payments in a dual-loan structure. This backs 40% of US housing market loans. Source 3

8

IONIX Chain Tops Crypto Presales with $6.7M Raised

IONIX Chain, an AI-native Layer-1 blockchain, leads May 2026 presales at Stage 18 ($0.025 per $IONX), featuring Quantum AI Consensus, staking, and revenue sharing. Bitcoin holds at $80K. Source 4

9

Stablecoins Poised to Hit $4T by 2030, Reshape Banking

Stablecoins and CBDCs are driving a new monetary framework, transforming the banking landscape per ongoing crypto developments. Projections see stablecoins reaching $4T market cap. Source 2Source 5

10

Fintech Startup Parker Files for Chapter 7 Bankruptcy

Y Combinator-backed Parker, offering corporate credit cards, filed for bankruptcy with $50-100M in assets and liabilities, affecting 100-199 creditors. Failed acquisition talks led to shutdown. Source 6

11

2026 Directory Highlights Stablecoin Card Program Enablers

The financial ecosystem in 2026 has institutionalized stablecoin card programs, transitioning from speculation to rigorous frameworks. A deep dive directory lists key enablers. Source 7