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WASHINGTON, May 13, 2026 /PRNewswire/ — RCB Fund Services LLC (“RCB”), the Claims Administrator for the AirBit Victim Fund (the “AVF”) on behalf of the United States Department of Justice (“DOJ”), today announced the opening of the petition submission process for victims of the AirBit Club fraud. AVF was established by the DOJ to compensate individuals who suffered financial losses as a result of a fraudulent scheme conducted at the AirBit Club. AVF is intended to provide compensation to victims who were induced to purchase AirBit Club memberships based on false representations, including promises of guaranteed daily returns purportedly generated through…

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…

BofA Global Research is the latest brokerage to revise its ​Federal Reserve rate-cut forecast to much later dates, citing elevated inflation due to high energy prices and growing strength in the labor market. BofA Global Research now expects the Fed to remain on hold for the rest of this year, ​with two quarter-point cuts in July and September 2027. A host of global brokerages have recast their projections for Fed rate cuts in 2026, split ​between some easing and no cuts at all, Reuters reported. This comes as the 11-week Iran war pushed energy prices higher and left policymakers cautious…

South Korean stocks rapidly erased losses Wednesday as local retail investors bought into a wave of selling by foreign funds.The Kospi rose 0.3%, reversing an early decline of as much as 3.2%. Samsung Electronics Co. pared most of its drop, after briefly plunging as much as 6.1% on its failure to reach a wage agreement with its biggest labor union.Samsung peer SK Hynix Inc. reversed an early loss, shaking off investor concerns of overheating that dragged down AI-related stocks in New York on Tuesday. The Korean memory makers’ shares are up more than 100% each so far in 2026.“For Korean…

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…

Matrixdock is issuing tokenized silver on Sui, which holders can use for trading, lending, and collateralization across various DeFi applications. Sui (SUI) is expanding its horizons in real-world asset tokenization. Matrixdock, an RWA leader founded by Matrixport, has announced its integration into the chain, further expanding its growing ecosystem. Key Features of XAGm Silver Token On Tuesday, Matrixdock revealed that it’s tapping Sui for the issuance of its tokenized silver asset, XAGm. The product is the first institutional-grade silver asset natively issued on Sui. It also marks Matrixdock’s entry into silver tokenization. BREAKING: @Matrixdock Silver $XAGm is now live on…

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…

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…