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MoneyGram Becomes Core Validation Node for Tempo Cross-Border Remittances

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On May 20, global payment giant MoneyGram announced it has been appointed a "Cross-Border Remittance Core Validation Node (Anchor Remittance Validator)" for Layer 1 blockchain Tempo, forming a strategic blockchain partnership between the two entities. MoneyGram will leverage its widespread global payment network, robust compliance expertise, and reliable operational capabilities to actively participate in Tempo’s transaction validation, daily operations, and security protocols. Meanwhile, MoneyGram, Tempo, and Stripe are collaborating to integrate stablecoin settlement into real-world payment workflows. Under this partnership, Stripe will settle payments with MoneyGram via Tempo’s on-chain infrastructure. The initiative aims to modernize global cross-border remittance and stablecoin settlement systems, boost operational efficiency, and provide consumers with a more practical, open global payment network.
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Open Interest of ZEC Perpetual Contracts Skyrockets to Over $1.5 Billion, Coin Price Surges above $638

May 20th, data from Coinglass reveals the total open interest for ZEC futures contracts has surged past $1.5 billion, with a nearly 24-hour increase of 24.21%—pointing to a sharp spike in trading activity. A sharp uptick in open interest typically signals an impending major price move. HTX market data confirms ZEC has also broken above the $638 threshold, with its 24-hour price gain climbing to 13.5%.

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Trump: US-Iran Negotiations Have Entered "Final Stage"

May 20th — Trump: U.S.-Iran negotiations have entered the "final stage," and we’re awaiting the outcome.

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Financial technology company Mercury has completed a $200 million new funding round, led by TCV

May 20 – Fintech firm Mercury has closed a $200 million fresh funding round led by TCV, with participation from top-tier investors including Sequoia Capital, Andreessen Horowitz (a16z), and Coatue Management. Mercury now serves over 300,000 startups and generates roughly $650 million in annual revenue. The company credits the recent AI startup boom as a core engine of its rapid growth, noting it’s supercharged demand for new business registrations and account openings. Meanwhile, Mercury has secured conditional approval from the Office of the Comptroller of the Currency (OCC) and plans to apply for a federal banking charter. Going forward, it will expand into lending services, integrate with payment networks like Zelle, and cut its dependence on partner banks.

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ZEC Surges Above $620, 24-hour Gain Extends to 11.9%

On May 20th, HTX market data shows ZEC has breached the $620 threshold, extending its 24-hour price rally to 11.9%. Catalyst-wise, the Zcash Foundation released its Q1 2026 report yesterday, disclosing total liquid assets of approximately $36.7 million. The breakdown includes roughly $12.11 million in cash, 506,556 USDC, 85,412 ZEC (valued at ~$21.2 million), 41.8 BTC (worth about $2.85 million), and 12.02 ETH (worth roughly $25,000).

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Vest: Insurance Fund Deposits Can Be Withdrawn After Protocol Restart

May 20th — Solana perpetual contract protocol Drift announced that Insurance Fund depositors will be able to withdraw their staked shares once the protocol resumes operations. Per the protocol’s official documentation and code design, the Insurance Fund exists to maintain the protocol’s solvency against losses incurred through liquidations or bankruptcy. Following a recent attack, Drift paused operations immediately to prevent further losses prior to executing standard liquidation and bankruptcy procedures. The Insurance Fund was not impacted by the incident. Drift will use its own Insurance Fund assets to support a “healthy restart” for all users. The corresponding contract address will be made public, enabling the community to track fund usage transparently.

1 minutes ago

K3 Capital withdrew 7,930 ETH from Binance, worth $16.88 million

On May 20th, according to OnchainLens monitoring, the K3 Capital address withdrew 7930 ETH from Binance, worth $16.88 million.

1 minutes ago

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