JrKripto - Everything about Crypto

OpenAI and Anthropic Warn: Sharp Drop in Solana-Based Tokens

<p class="text-left mb-4 "><a href="https://jrkripto.com/tr/coin/sol" target="_blank" rel="noreferrer" class="text-primary underline">Solana</a>-based PreStocks tokens faced strong selling pressure this week following harsh warnings from AI giants OpenAI and Anthropic. These tokens, which aim to track the hypothetical pre-IPO value of privately held company shares, rapidly lost value after the two companies made statements regarding unauthorized share transfers.</p><p class="text-left mb-4 ">PreStocks products are presented as tokenized tools that claim to provide access to the potential future IPO values ​​of privately held companies. However, these products are not officially endorsed or supported by the companies they track. Therefore, the risk taken by investors is not limited to market volatility; it also includes more fundamental uncertainties such as legal validity and ownership rights. </p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">OpenAI and Anthropic warn against unauthorized share transfers</h2><p class="text-left mb-4 ">In announcements published during the week, OpenAI and Anthropic stated that company shares are subject to strict transfer restrictions. Both companies emphasized that common and preferred shares are subject to specific rules under their company bylaws. These warnings do not only cover direct share sales. Companies have pointed out that transactions attempted through special purpose vehicles (SPVs), tokenized instruments, and forward contracts could also be considered unauthorized transfers.</p><p class="text-left mb-4 ">Anthropic announced that it has not authorized certain firms, including Open Door Partners, Hiive, and Forge, to buy and sell its shares. The company stated that any share transfer without board approval would be considered invalid and would not be recognized in company records. This means that buyers participating in such transactions may not acquire shareholder rights.</p><p class="text-left mb-4 ">OpenAI made a similar statement. The company stated that unauthorized transactions could violate US securities laws and that the underlying share transfer could become invalid as a result of such transactions. OpenAI also warned that such transactions may not have economic value for buyers.</p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">Double-digit losses in PreStocks prices</h2><p class="text-left mb-4 ">Following these announcements, sharp declines were seen in the PreStocks market. According to CoinGecko data, Anthropic PreStocks has lost approximately 38 percent of its value since Tuesday, falling to around $879. The token's market capitalization is approximately $8.3 million.</p><p class="text-left mb-4 ">The decline in OpenAI PreStocks was even more pronounced. CoinGecko data showed that the OpenAI PreStocks price fell by approximately 46 percent during the same period, dropping to $1,080. The market capitalization of this token was estimated to be around $2.2 million.</p><p class="text-left mb-4 "> <figure class="my-6"> <img src="https://minio-api-1.jrkripto.com/blog/openai-34b89828.webp" alt="openai.webp" width="auto" height="auto" class="w-full rounded-lg border" /> </figure> </p><p class="text-left mb-4 ">These declines reflect the transaction prices of tokenized PreStocks products. Therefore, these movements do not directly mean a change in the official company valuations of OpenAI or Anthropic. </p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">Tokenization of private company shares creates controversy</h2><p class="text-left mb-4 ">This development has brought the risks of tokenized products based on private company shares back to the forefront. Shares of privately held companies are generally subject to strict transfer rules and internal approval processes. When these rules are bypassed, or when investors are offered indirect access through different financial instruments, the legal basis of the resulting product becomes questionable. Tools like PreStocks offer investors the idea of ​​early-stage access to popular private companies. However, statements from OpenAI and Anthropic suggest that investors may not obtain the rights they expect if this access is not recognized by the companies.</p>

13 May 2026

Binance Futures Launches Futures for Disney, Uber, and Oracle

<p class="text-left mb-4 "><a href="https://jrkripto.com/tr/exchanges/binance" target="_blank" rel="noreferrer" class="text-primary underline">Binance </a>Futures announced it will launch new USDⓈ margin-based TradFi (traditional finance) perpetual contracts to expand its portfolio of products based on traditional financial assets. According to the announcement, six new futures contracts tracking Lumentum, Oracle, Walt Disney, Uber, Cisco, and Home Depot stocks will be gradually listed starting May 15, 2026.</p><p class="text-left mb-4 ">The new contracts will be settled with USDT, and users will be able to use leverage up to 10x on these products. This move by Binance shows that crypto exchanges are opening up more space for derivative products that track stock prices, not just digital assets. Thus, users will be able to access price movements linked to traditional market stocks 24/7 through Binance Futures. </p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">Six new TradFi contracts from Binance</h2><p class="text-left mb-4 ">According to the announcement, the first contract will be LITEUSDT. This product, tracking Lumentum Holdings shares, will open for trading on May 15th at 16:30 GMT+3. This will be followed by ORCLUSDT, based on Oracle shares, at 16:35 GMT+3, and DISUSDT, tracking Walt Disney shares, at 16:40 GMT+3.</p><p class="text-left mb-4 "> <figure class="my-6"> <img src="https://minio-api-1.jrkripto.com/blog/ekran-g-r-nt-s-2026-05-13-165457-74f47234.webp" alt="Ekran görüntüsü 2026-05-13 165457.png" width="auto" height="auto" class="w-full rounded-lg border" /> </figure> </p><p class="text-left mb-4 ">The UBERUSDT contract, based on Uber Technologies shares, will open at 16:45 GMT+3, the CSCOUSDT contract, tracking Cisco Systems shares, at 16:50 GMT+3, and the HDUSDT contract, based on Home Depot shares, at 16:55 GMT+3 on Binance Futures. The maximum leverage for all contracts is set at 10x. These products do not directly represent the shares of the respective companies. Instead, they are offered as futures contracts tracking the price of the underlying assets. LITEUSDT tracks Lumentum Holdings shares traded on the Nasdaq; ORCLUSDT will track Oracle shares on the New York Stock Exchange; DISUSDT will track Walt Disney shares; UBERUSDT will track Uber Technologies shares; CSCOUSDT will track Cisco Systems shares on the Nasdaq; and HDUSDT will track Home Depot shares.</p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">24/7 trading and multi-asset mode support</h2><p class="text-left mb-4 ">According to Binance's announcement, the minimum transaction amount for all new contracts will be 0.01. The minimum nominal value is set at 5 USDT. The tick size, or the smallest price movement, will be 0.01 for all contracts.</p><p class="text-left mb-4 ">The funding fee will be calculated every eight hours. The upper and lower funding rate limits are +2.00% and -2.00%, respectively. Binance also stated that these contracts will be exempt from funding interval adjustment rules. Accordingly, even if the funding rate reaches the upper or lower limit in the previous calculation period, the funding interval will not be reduced from eight hours to one hour.</p><p class="text-left mb-4 ">The new products will also have Multi-Assets Mode support. When this mode is activated, users will be able to trade with different collateral assets, subject to appropriate commission rates. Binance stated, for example, that users can use BTC as collateral in these contracts when multi-asset mode is enabled.</p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">The boundary between TradeFi and crypto markets is narrowing</h2><p class="text-left mb-4 ">Binance Futures' new announcement coincides with a period in the crypto market where the theme of tokenization and access to traditional finance products is strengthening. Equity-based derivatives offer investors the opportunity to take positions on price movements outside of classic exchange hours. However, this structure also brings additional risks.</p><p class="text-left mb-4 ">The use of leverage in futures contracts can amplify price movements on both the profit and loss sides. Therefore, Binance emphasized that it may make changes to contract features according to market risk conditions. The exchange stated that parameters such as funding fee, tick size, maximum leverage, initial margin, and maintenance margin may be updated from time to time.</p><p class="text-left mb-4 ">The announcement also reminded users that products and services may not be available in all regions. Binance stated that in case of any discrepancies, this announcement should be considered the most current and valid source of information, rather than the relevant futures FAQ pages.</p>

13 May 2026

JPMorgan Files for Ethereum-Based Money Market Fund

<p class="text-left mb-4 ">JPMorgan, one of the largest banks in the US, has added another step to its tokenization efforts. The bank has applied to the US Securities and Exchange Commission for a new money market fund called the JPMorgan OnChain Liquidity-Token Money Market Fund. Planned to trade under the ticker symbol JLTXX, the fund will operate on Ethereum and utilize the Kinexys Digital Assets infrastructure. According to the prospectus dated May 12th, the fund will normally invest only in US Treasury bonds and overnight repurchase agreements collateralized with Treasury bonds. JPMorgan states that the fund will be managed with a target net asset value of $1. This structure makes the product a corporate cash management solution focused on low-risk, short-term liquidity instruments. The most notable aspect of the application is the fund's connection to the stablecoin market. JPMorgan positions JLTXX to meet the appropriate reserve asset requirements that stablecoin issuers must hold under the GENIUS Act passed in the US. Thus, the fund stands out not only as a traditional money market instrument for stablecoin companies, but also as a reserve management option compatible with on-chain systems.</p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">New model for stablecoin reserves</h2><p class="text-left mb-4 ">It is specifically emphasized that JLTXX will not be classified as a stablecoin. The fund itself is not a stablecoin issuer, and its token balances do not have stablecoin characteristics. Nevertheless, the structure may allow stablecoin issuers to manage their reserves in a more controlled, traceable, and regulated instrument.</p><p class="text-left mb-4 ">The fund's access model will be entirely permissioned. Only verified wallet addresses will be able to conduct transactions. These addresses will be included in the allow-list system for buying, selling, redemption, and transfer transactions. Legal ownership will not be based directly on the blockchain balance, but on investor records held by the transfer agent. Therefore, token balances on Ethereum will function to transmit transaction requests and provide operational ease; legal ownership records will continue to be maintained in the traditional fund infrastructure.</p><p class="text-left mb-4 ">On the JPMorgan stablecoin interface side, the Morgan Money platform stands out. According to the application, stablecoin services will only be offered through Morgan Money, and the supported stablecoin will be USDC. This structure shows that the bank is designing its on-chain products not entirely with an open DeFi logic, but with institutional control mechanisms. </p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">The choice of Ethereum is no coincidence</h2><p class="text-left mb-4 ">JPMorgan's launch of its new fund on Ethereum seems consistent with the bank's previous moves. In December 2025, the bank launched its tokenized money market fund, MONY, also on Ethereum. With an initial investment of $100 million, MONY was one of the first major steps in JPMorgan's strategy to tokenize short-term Treasury assets. JLTXX, on the other hand, takes this model to a broader institutional framework. The fund will launch on Ethereum, but the prospectus leaves open the possibility of expanding to other blockchain networks in the future. This detail shows that JPMorgan does not want to be limited to a single network and is evaluating different chains for different institutional needs. Market size also played a role in the choice of Ethereum. According to RWA.xyz data, Ethereum is the network with the largest share in the distributed real-world asset market. The fact that the network has a strong ecosystem in tokenization projects, and that large institutions like BlackRock and Franklin Templeton also use Ethereum in similar products, makes this choice more defensible for JPMorgan. The Solana detail is noteworthy.</p><p class="text-left mb-4 ">Although <a href="https://jrkripto.com/tr/coin/eth" target="_blank" rel="noreferrer" class="text-primary underline">Ethereum </a>stands out in the application, it is seen that JPMorgan also assigns a separate role to Solana in its institutional cash architecture. It is stated that Anchorage Digital is working with JPMorgan on a tokenized vehicle solution within the scope of its "Cashless Reserves" initiative. In this model, Solana is considered as an infrastructure that can be used for faster reserve movement and instant liquidity operations.</p><p class="text-left mb-4 "> <figure class="my-6"> <img src="https://minio-api-1.jrkripto.com/blog/eth-3079a484.webp" alt="eth.jpg" width="auto" height="auto" class="w-full rounded-lg border" /> </figure> </p><p class="text-left mb-4 ">This picture shows that JPMorgan is trying to establish a multi-layered system instead of a single-chain approach in institutional cash management. While Ethereum stands out for fund shares, ownership records, and institutional distribution processes; Solana is positioned more on the side of fast reserve movements and operational liquidity.</p>

13 May 2026

Binance Delists Five Altcoins: Prices Drop Sharply

<p class="text-left mb-4 ">Binance announced it has delisted five cryptocurrencies following periodic listing reviews. The exchange will remove all spot trading pairs for Automata Network (ATA), Harvest Finance (FARM), Enzyme (MLN), Phoenix (PHB), and Syscoin (SYS) as of May 27, 2026, at 06:00. Following the decision, sharp price movements were observed in these altcoins. According to market data, ATA fell approximately 23.35% to $0.0083085, <a href="https://jrkripto.com/tr/coin/farm" target="_blank" rel="noreferrer" class="text-primary underline">FARM </a>fell 17.25% to $10.34, and MLN fell 22.33% to $2.43. On the Phoenix side, PHB dropped 20.48% to $0.1005004, while Syscoin traded around $0.0080227, a loss of 23.16%.</p><p class="text-left mb-4 min-h-[1.5em]"></p><p class="text-left mb-4 "> <figure class="my-6"> <img src="https://minio-api-1.jrkripto.com/blog/sysusdt-2026-05-13-12-47-03-5eaf683a.webp" alt="SYSUSDT_2026-05-13_12-47-03.png" width="auto" height="auto" class="w-full rounded-lg border" /> <figcaption class="mt-2 mb-6 text-center text-sm text-gray-500">SYS </figcaption> </figure> <figure class="my-6"> <img src="https://minio-api-1.jrkripto.com/blog/phbusdt-2026-05-13-12-47-20-00e2e1f4.webp" alt="PHBUSDT_2026-05-13_12-47-20.png" width="auto" height="auto" class="w-full rounded-lg border" /> <figcaption class="mt-2 mb-6 text-center text-sm text-gray-500">PHB </figcaption> </figure> <figure class="my-6"> <img src="https://minio-api-1.jrkripto.com/blog/atausdt-2026-05-13-12-47-38-fd5c5b6d.webp" alt="ATAUSDT_2026-05-13_12-47-38.png" width="auto" height="auto" class="w-full rounded-lg border" /> <figcaption class="mt-2 mb-6 text-center text-sm text-gray-500">ATA </figcaption> </figure> </p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">Binance lists reasons for delisting</h2><p class="text-left mb-4 ">In its statement, Binance stated that listed digital assets are re-evaluated periodically. The exchange stated that if a coin or token no longer meets the established standards or if industry conditions change, a more comprehensive review is conducted, and a delisting decision may be made.</p><p class="text-left mb-4 ">These reviews do not only consider price performance. Binance explained that it looks at many factors such as the commitment of the project team, the level and quality of development activities, trading volume, liquidity, network security, community communication, transparency, regulatory requirements, and changes in the token economy. In addition, unethical behavior, suspicion of fraud, negligence, changes in project ownership, and community sentiment can also be influential in the decision-making process.</p><p class="text-left mb-4 ">As a result of the latest evaluation, it was decided to end trading support for ATA, FARM, MLN, PHB, and SYS on the Binance spot market. This decision means a significant reduction in the visibility and liquidity of these tokens in the Binance ecosystem.</p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">Spot trading, bots, and copy trading will be affected</h2><p class="text-left mb-4 ">The delisting process will not be limited only to the removal of spot trading pairs. Binance announced that all open orders in the relevant spot pairs will be automatically canceled after trading ceases. Therefore, users need to check their open orders and positions in advance.</p><p class="text-left mb-4 ">The exchange also announced that its Trading Bots service will end on May 27, 2026 at 06:00. Binance advised users to update or cancel their trading bots before the delisting time to avoid potential losses.</p><p class="text-left mb-4 ">On the Spot Copy Trading side, the schedule starts earlier. Binance Spot Copy Trading will remove the relevant trading pairs on May 20, 2026 at 06:00. After this date, remaining assets may be compulsorily sold at market price, or amounts too small to be sold may be transferred to the Spot Account. Therefore, users holding these assets in their copy trading portfolios need to act sooner.</p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">Deadlines for deposits and withdrawals announced</h2><p class="text-left mb-4 ">Binance also shared the schedule for deposits and withdrawals for the tokens to be delisted. Accordingly, ATA, FARM, MLN, PHB, and SYS deposits will no longer be reflected in user accounts after May 28, 2026, at 06:00. The deadline for withdrawals is July 27, 2026, at 06:00. After this date, withdrawal support for these tokens will no longer be available through Binance. Users who wish to transfer their assets to other wallets or platforms supporting these tokens should take these dates into account. Binance also stated that the delisted tokens may be converted to stablecoins on behalf of users after July 28, 2026, at 06:00. However, it was specifically emphasized that this conversion is not guaranteed. If such a transaction occurs, Binance will publish a separate announcement, and the stablecoins will be transferred to user accounts after the conversion.</p>

13 May 2026

Wall Street Firm Picks Chainlink: Collateral Management Moves to Blockchain

<p class="text-left mb-4 ">DTCC, one of Wall Street’s most critical infrastructure institutions, will use <a href="https://jrkripto.com/tr/coin/link" target="_blank" rel="noreferrer" class="text-primary underline">Chainlink </a>infrastructure for its blockchain-based collateral management platform. The move extends the previous collaboration between the two companies into one of the core risk management areas of financial markets.</p><p class="text-left mb-4 ">The Depository Trust & Clearing Corporation announced that its Collateral AppChain platform will use Chainlink’s Runtime Environment technology and data standard. The platform is designed to support pricing, valuation, margin calculations, collateral optimization and settlement processes.</p><p class="text-left mb-4 ">DTCC’s new system runs on a Besu-based blockchain network. The goal is to enable asset tokenization and near real-time collateral management around the clock.</p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">Collateral management moves to blockchain on Wall Street</h2><p class="text-left mb-4 ">In today’s collateral systems, assets are often spread across different institutions, account structures and time zones. This setup makes it harder to move collateral quickly, especially during periods of market stress.</p><p class="text-left mb-4 ">DTCC’s Collateral AppChain project aims to reduce this problem. The platform enables assets used as collateral to be tokenized and allows certain operational processes to be automated through smart contracts.</p><p class="text-left mb-4 ">As a result, collateral is expected to move faster across both traditional financial markets and blockchain networks. The system stands out with its goal of creating a more flexible collateral structure that can operate 24/7 across global markets.</p><p class="text-left mb-4 ">Nadine Chakar, global head of digital assets at DTCC, said tokenization and distributed ledger technology will be used to modernize collateral mobility. According to Chakar, the aim is to provide 24/7, near real-time collateral management across global markets and blockchain networks.</p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">Chainlink will provide the data and coordination layer</h2><p class="text-left mb-4 ">Chainlink will serve as the data and orchestration layer in this structure. The platform’s price data, valuation processes, collateral movements, eligibility checks, margin calculations and settlement instructions will be supported by Chainlink infrastructure.</p><p class="text-left mb-4 ">Chainlink is known as a decentralized oracle network that allows blockchain networks to securely access real-world data. Since blockchains cannot directly access external data sources such as prices, weather data, API data or institutional data on their own, oracle systems play a critical role at this point.</p><p class="text-left mb-4 ">The use of Chainlink in DTCC’s collateral platform shows that oracle technology is finding a place not only in DeFi applications but also in the core operations of traditional finance. Reliable data flow is especially important in areas such as pricing and valuation, where it plays a decisive role in collateral management.</p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">A new phase after the Smart NAV pilot</h2><p class="text-left mb-4 ">The collaboration between DTCC and Chainlink is not entirely new. In 2024, the two companies carried out a pilot project called Smart NAV. The pilot tested bringing mutual fund net asset value data onto blockchain networks.</p><p class="text-left mb-4 ">Major financial institutions such as JPMorgan, Franklin Templeton and BNY Mellon also participated in the pilot. The project focused on how fund tokenization could work across multiple blockchain networks.</p><p class="text-left mb-4 ">The Collateral AppChain move takes this collaboration into a more operational and institutional field. Collateral management plays a key role in balancing risk, securing transactions and using liquidity efficiently in financial markets.</p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">DTCC expands its tokenization efforts</h2><p class="text-left mb-4 ">Beyond collateral management, DTCC is also expanding its work in tokenization. Earlier this month, the company announced that more than 50 firms had joined a working group for The Depository Trust Company’s tokenization service. Under this plan, limited production trades are expected to begin in July, while the service is planned to launch in October.</p><p class="text-left mb-4 ">DTCC’s scale in financial markets also increases the significance of this development. The company’s subsidiaries processed $4.7 quadrillion in securities transactions in 2025. Its depository subsidiary provided custody and asset servicing for securities issues valued at $114 trillion.</p>

12 May 2026

Altcoin

OpenAI and Anthropic Warn: Sharp Drop in Solana-Based Tokensabout 2 hours ago

Altcoin

Binance Futures Launches Futures for Disney, Uber, and Oracleabout 4 hours ago

Blockchain

JPMorgan Files for Ethereum-Based Money Market Fundabout 5 hours ago

Altcoin

Binance Delists Five Altcoins: Prices Drop Sharplyabout 8 hours ago

Blockchain, Altcoin

Wall Street Firm Picks Chainlink: Collateral Management Moves to Blockchain1 day ago

Altcoin

OpenAI and Anthropic Warn: Sharp Drop in Solana-Based Tokensabout 2 hours ago

Altcoin

Binance Futures Launches Futures for Disney, Uber, and Oracleabout 4 hours ago

Blockchain

JPMorgan Files for Ethereum-Based Money Market Fundabout 5 hours ago

Altcoin

Binance Delists Five Altcoins: Prices Drop Sharplyabout 8 hours ago

Blockchain, Altcoin

Wall Street Firm Picks Chainlink: Collateral Management Moves to Blockchain1 day ago

Coin Leaderboards

Trend Coins

Biggest Gainers

Biggest Losers

Do you have any questions?Feel free to send us your questions or request a free consultation.Contact Us

PlatformNewsCrypto CalendarEconomics CalendarGlossary

AnalyticsCryptocurrenciesExchangesToken UnlocksPortfolio

CompanyAboutContact UsF.A.Q.

Get the App

Google PlayApp Store

© 2026 All rights reserved

Privacy PolicyTerms of Service