Coinbase CEO Brian Armstrong gets behind CLARITY Act ahead of Thursday markup
cointelegraph.com

Armstrong said the bill is “closer than ever” to advancing in the US Congress after months of negotiations between the crypto industry and banks.

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Tether Freezes $344M in USDT Tied to Iran’s Central Bank
crypto-economy.com

TL;DR Tether froze more than $344 million in USDT connected to wallets allegedly tied to Iran’s Central Bank after blockchain investigators flagged suspicious activity. Arkham Intelligence publicly labeled the addresses, allowing exchanges and compliance firms to monitor future movements more closely. The case highlights how centralized stablecoins can enforce sanctions rules while also reinforcing crypto’s […]

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$1.88M Reportedly Drained in TransitFinance Exploit that Exposes Hidden Risks of Legacy Smart Contracts
nulltx.com

In yet another incident in the growing ecosystem of decentralized finance (DeFi), TransitFinance has reportedly suffered a smart contract hack, which resulted in an estimated loss of around $1.88 million. This incident, recently reported by blockchain security monitor PeckShield Alert, is a reminder that while current infrastructure may be robust, legacy code continues to proliferate […]

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Hyperliquid (HYPE) Loses $40 Threshold, Ethereum (ETH) Price Bounce Receives Boost, Shiba Inu (SHIB) Rally Struggles: Crypto Market Review
u.today

Despite the existing risk demand, market saw a substantial drop in activity of traders and investors that triggered a substantial sell-off.

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CLARITY Act Faces Wave of Amendments Ahead of Markup
cryptopotato.com

The Senate Banking Committee’s CLARITY Act is heading into Thursday’s markup, buried under opposition. According to reports, Senator Elizabeth Warren alone filed more than 40 amendments before Tuesday’s 5 p.m. ET deadline, and American Bankers Association members sent over 8,000 letters to Senate offices in less than a week demanding changes to the bill’s stablecoin […]

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<b>Cryptocurrency</b> News That Matters in May 2026: Treasuries Hit – openPR.com
www.google.com

The biggest cryptocurrency news this week hit when tokenized Treasuries crossed $15 billion while Bitcoin conviction buyers surged 300% since late …

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DEF Warns ‘Anti‑DeFi’ Amendments To CLARITY Act Could Threaten Users, Developer Protections
www.newsbtc.com

A DeFi advocacy group has warned about a list of proposed amendments to the long-awaited crypto market structure bill that threaten the sector’s developers and hinder innovation in the US. CLARITY Act Amendments Could Harm The  DeFi Sector On Wednesday, the DeFi Education Fund (DEF) shared a list of 16 “anti-DeFi amendments” to the Senate […]

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Blockaid Launches Real-Time Compliance Suite as Institutions Deepen Crypto Exposure
bitcoinmagazine.com

Bitcoin Magazine Blockaid Launches Real-Time Compliance Suite as Institutions Deepen Crypto Exposure Blockchain security firm Blockaid has introduced Risk Exposure, a real-time compliance infrastructure suite built for institutions that now operate inside crypto and decentralized finance but still answer to regulators. The launch extends Blockaid’s platform beyond scam and exploit prevention into what the company […]

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Ripple CTO Reveals Why XRP Never Powered XRPL Consensus in Stunning Governance Twist
www.cryptoninjas.net

Key Takeaways: Ripple CTO Emeritus David Schwartz elaborated on his reasons for XRP not being employed in the XRPL consensus mechanism. Schwartz noted that while XRP Ledger was created in 2011, there was no concept of PoS at that time. He also warned that using XRP for consensus would have concentrated too much control in […]

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Bitcoin to $100K in Q2? Strategy’s STRC unlocks potential to buy 3K BTC in two days
cointelegraph.com

Strategy’s potential 3,127 BTC buy this week, alongside falling stablecoin dominance, suggests more capital may enter the Bitcoin market.

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China’s Yuan Settlements Jump to $214B in March as Russia, Iran Accelerate Dollar Exit
news.bitcoin.com

Russia and Iran are accelerating their move away from the U.S. dollar and toward the Chinese yuan as Western sanctions and geopolitical pressures deepen, according to a new report. The Rise of the Petroyuan The global financial landscape is undergoing a tectonic shift as the conflict between the West and a growing coalition of sanctioned […]

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Binance Delisting Alert: Five Crypto Tokens Are Set for Removal This May
u.today

Binance moves to delist five cryptos in latest review round.

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ZachXBT Links Teen Crypto Flaunter to $19M Theft Network
cryptopotato.com

Blockchain investigator ZachXBT has linked US-based alleged threat actor Dritan Kapllani Jr. to more than $19 million in crypto thefts carried out through social engineering attacks targeting cryptocurrency holders. In a series of posts on X, ZachXBT alleged that Dritan frequently showcased luxury cars, designer watches, private jets, and nightlife activities across social media while […]

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Two charged in $13 million Miami <b>cryptocurrency</b> fraud – South Florida Business Journal
www.google.com

… cryptocurrency companies to gain access to victims digital account and cryptocurrency wallets, according to court documents. Once they obtained …

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Metaplanet Reports $725M Q1 Loss as Bitcoin Holdings Climb to 40,177 BTC
crypto-economy.com

Closing the first quarter of 2026, the Japanese firm Metaplanet announced that its institutional Bitcoin reserve reached 40,177 BTC. Despite this operational milestone, which positions it as the leading public crypto treasury outside the U.S., the company reported an accounting loss of $728 million. This figure is primarily due to impairment adjustments on non-monetary assets […]

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Stablecoins in 2026: The Quiet Force Becoming Crypto’s Biggest Story
crypto-economy.com

In April 2026, the stablecoin market surpasses $320 billion in total capitalization. These dollar‑anchored tokens moved $33 trillion in transfers during 2025, a figure that doubles Visa’s global payment volume. First‑quarter 2026 data confirms the acceleration: on‑chain volume jumped 51% quarter‑on‑quarter and hit $28 trillion. What began as auxiliary plumbing for crypto trading now operates […]

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Solana (SOL) Dips Modestly, But Traders Still Expect Bigger Move
www.newsbtc.com

Solana failed to stay above $96 and corrected some gains. SOL price is now consolidating and might aim for another increase above $98. SOL price started a downside correction below $96 against the US Dollar. The price is now trading above $94 and the 100-hourly simple moving average. There is a bullish trend line forming […]

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JPMorgan Targets $250B Stablecoin Market With Ethereum-Based Treasury Fund Launch
www.cryptoninjas.net

Key Takeaways: In an application to Ethereum, the just mentioned JPMorgan is attempting to establish a tokenized money market fund with the ticker JLTXX. The fund is for the issuers of stablecoins who want to use the assets in their reserves to comply with the GENIUS Act. JLTXX will invest in short-term US Treasurys and […]

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Senate Crypto Bill Faces Over 100 Amendments Ahead of Thursday Markup
bitcoinmagazine.com

Bitcoin Magazine Senate Crypto Bill Faces Over 100 Amendments Ahead of Thursday Markup Senate Banking Committee members have filed more than 100 proposed amendments to the Digital Asset Market Clarity Act, according to Politico reporting. The panel is set to convene on Thursday for a long-awaited markup vote that crypto and industry leaders say could […]

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Romance Scammer Drains $1,200,000+ From City Government’s Bank Account in Hundreds of Illicit Transactions: Report
dailyhodl.com

A romance fraud scheme allegedly drained more than $1.3 million from a City of Norfolk bank account after victims were manipulated into moving money for the scammers. Federal prosecutors say Nigerian national Habeeb Anibaba was indicted in connection with a scheme that targeted the City of Norfolk’s corporate bank account through hundreds of fraudulent transactions, […]

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Metaplanet Q1 profit jumps, but Bitcoin losses hit bottom line
cointelegraph.com

Metaplanet posted strong Q1 operating income driven by Bitcoin options revenue, but swung to a $728 million loss as BTC price declines triggered valuation markdowns.

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Campaign Staffers Trade Internal Polls on Polymarket in Third Insider Pattern
news.bitcoin.com

An anonymous campaign staffer told NPR earlier this month that they and colleagues routinely placed Polymarket bets on internal polling data before public release, generating thousands of dollars per cycle. The admission marks the third Polymarket-specific insider trading pattern documented by NPR in three months and exposes a regulatory gap that federal legislation has so […]

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Hyperliquid ETF Makes Strong Debut as Wall Street Bets on HYPE
cryptonews.com.au

21Shares’ THYP product posted US$1.8 million in first-day trading volume, according to market coverage. The product tracks HYPE, the native token of the Hyperliquid trading ecosystem. 21Shares lists a 0.30% management fee and warns THYP is not a 40 Act registered ETF. 21Shares’ Hyperliquid ETF opened with US$1.8 million (AU$2.5 million) in first-day trading volume. […]

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'Neither Privacy nor Business': Top Solana and Zcash Proponent Urges Crypto Industry to Quit Telegram
u.today

Helius CEO Mert Mumtaz warns Web3 developers that Telegram risks independent projects after a top Ethereum developer’s account was breached.

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BTC Recovers From CPI-Induced Dip, Viral Token Plunges by 17% Daily: Market Watch
cryptopotato.com

The CPI announcement in the US yesterday showcased increasing inflation likely due to the war against Iran, and BTC dipped to under $80,000, but it managed to rebound almost immediately. Binance Coin has surpassed XRP once again in terms of market cap after a 2.5% increase, while DOGE has solidified its spot in the top […]

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Flexline deep dive: the builder with crypto on the balance sheet
blog.kraken.com

TL;DR Crypto-native businesses and HNW individuals often have significant holdings but limited access to traditional credit and banks don’t recognize crypto as collateral in any meaningful way Flexline offers two things traditional lenders don’t: speed and collateral treatment that reflects how the balance sheet actually looks Two situations covered: working capital for operational needs, and […]

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Relative decline observed in major assets on crypto exchange markets – Apa.az
www.google.com

A relative decline was observed in major assets in the cryptocurrency market over the past 24 hours, APA-Economics reports.

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Mysterious Bitcoin Whale Transfers $40 Million After Years Of Silence
www.newsbtc.com

Eight Satoshi-era wallets moved 10,000 Bitcoin each in July last year, triggering waves of speculation across crypto markets. Now, another old wallet has come back to life — and traders are watching closely. A Long Wait Ends On Sunday, a Bitcoin address that had not seen any activity since November 2013 suddenly moved its entire […]

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Hacker Actively Laundering Stolen Crypto After Exploiting Liquidity Provider for $6,700,000: PeckShield
dailyhodl.com

A hacker has started laundering digital assets that were part of the $6.7 million theft from the liquidity provider TrustedVolumes, says cybersecurity firm PeckShield. PeckShield says that new data shows the hacker has started moving hundreds of thousands of dollars worth of Ethereum (ETH). “The TrustedVolumes exploiter has laundered $278,000 in stolen funds so far: […]

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Toncoin Risks Bigger Pullback After Sharp Rejection at $2.90
crypto-economy.com

TL;DR: Toncoin reached a high of $2.90 on Thursday, May 7, triggering the liquidation of nearly $29 million in short positions in just 48 hours. Telegram has formally replaced the TON Foundation as the network’s largest validator, driving recent volatility. The price has experienced a 15.6% correction from its peak, currently situated in a technical […]

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The 2036 Issue: Letter From The Editor
bitcoinmagazine.com

Bitcoin Magazine The 2036 Issue: Letter From The Editor None of us can see the future. We don’t know what 2036 will bring.  We all like to tell ourselves that we can, or do, and maybe we do actually see small pieces of it coming before we catch up to them, but none of us […]

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KRWQ, Korean Stablecoin, Announced the Expansion to Solana
www.cryptoninjas.net

Key Takeaways: KRWQ, the stablecoin backed by Korean currency by IQ and Frax, is launching on Solana to extend on-chain KRW liquidity. The project will aim to facilitate cross margin and FX trading, arbitrage, and perpetual futures between KRW and USD stablecoins. As the stablecoin market becomes increasingly competitive, one of the major factors driving […]

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