Industry News

  • CLARITY Act Markup: Senate Banking Sets May 14 Crypto Rules Session09 May 2026 02:30CLARITY Act Markup: Senate Banking Sets May 14 Crypto Rules SessionThe Senate Banking Committee scheduled a May 14 markup for the CLARITY Act, setting up the Senate’s first formal committee debate over digital asset market structure legislation. The executive session will allow lawmakers to debate amendments and determine whether the bill advances toward a full Senate vote. Senate Banking Takes Up Long-Delayed Crypto Bill The […]
  • Coinbase CEO: Onchain Economy Has Reached Escape Velocity Amid Generational Shift09 May 2026 01:30Coinbase CEO: Onchain Economy Has Reached Escape Velocity Amid Generational ShiftCoinbase CEO Brian Armstrong said a “generational shift” is underway in crypto as he pointed to expanding on-chain finance, stablecoin activity, and AI-driven payments. The Nasdaq-listed crypto exchange also cited a tenfold increase in Base stablecoin transaction volume and rising USDC use. Armstrong Frames Coinbase Around Broader On-chain Finance Growth Coinbase Global Inc. (Nasdaq: COIN) […]
  • XRP Ledger Foundation Signals Public Collaboration Push Across Ecosystem08 May 2026 23:30XRP Ledger Foundation Signals Public Collaboration Push Across EcosystemThe XRP Ledger Foundation is moving into a more public coordination role across the XRP ecosystem, outlining a broader focus on engineering, operations, and community engagement as it expands collaboration across the XRP Ledger community. XRP Ledger Foundation Formalizes Broader Operating Structure The XRP Ledger Foundation, a nonprofit organization that contributes to, grows, and advocates […]
  • Tether Sues Titan Holding in Brazil to Recover $300 Million Defaulted Loan08 May 2026 22:30Tether Sues Titan Holding in Brazil to Recover $300 Million Defaulted LoanThe largest stablecoin company lent $300 million to Titan Holdings in March 2025, part of the Master conglomerate, now involved in one of the largest financial frauds in Brazilian history. The loan was made by Tether Investments, Tether’s VC arm. Tether Introduces Lawsuit to Recover $300M Borrowed to Master Conglomerate Tether has introduced a lawsuit […]
  • Anthropic Targets $1T Valuation as Investors Chase Claude’s Enterprise Growth08 May 2026 21:30AI startup Anthropic is weighing a historic $50 billion funding round this summer that could value the company at $900 billion, potentially overtaking rival OpenAI. Closing the Gap with OpenAI Anthropic is reportedly considering raising tens of billions of dollars as early as this summer to fund a sweeping expansion of its computing infrastructure. The […]
  • Solv Protocol and Re Switch to Chainlink CCIP, Moving Nearly $1B Away From Layerzero08 May 2026 21:05Solv Protocol and Re Switch to Chainlink CCIP, Moving Nearly $1B Away From LayerzeroThree decentralized finance ( DeFi) protocols managing nearly $1 billion in combined assets have moved or are actively moving their cross-chain infrastructure from Layerzero to Chainlink’s Cross-Chain Interoperability Protocol (CCIP), highlighting a broader push toward different bridging standards. Three DeFi Protocols Pull Nearly $1B From Layerzero After $292M April Exploit Solv Protocol announced this week […]
  • Venezuela Upholds Crypto Mining Ban as Power Demand Hits 9-Year Peak08 May 2026 20:10Venezuela Upholds Crypto Mining Ban as Power Demand Hits 9-Year PeakThe Venezuelan government reiterated a nationwide ban on cryptocurrency mining as the country faces an energy crisis, with demand rising to record levels. Authorities attributed this peak in consumption to the economic growth and an ongoing heat wave. Venezuela Reiterates Crypto Mining Ban, Says Illicit Mining Activities Will be Sanctioned Cryptocurrency mining, as an energy-intensive […]
  • Bitcoin Bulls Defend $79,200 as $28.3M in Long Liquidations Resets Risk08 May 2026 19:16Despite a surge in traditional equities and heightened military tensions in the Middle East, bitcoin remained stagnant over the last 24 hours, trading sideways near the $80,000 mark. Liquidation Volume Recedes Amid Consolidation Bitcoin traded sideways on Friday as global markets appeared to shrug off the latest skirmishes between the U.S. military and Iran’s Islamic […]
  • Privacy Coins Reclaim Spotlight Amid Global Pushback Against Financial Surveillance08 May 2026 18:50Privacy Coins Reclaim Spotlight Amid Global Pushback Against Financial SurveillancePrivacy coins are outperforming most of the crypto market in 2026, with assets like zcash, ycash, monero, zano, and midnight each posting gains tied to rising demand from both institutional and retail players, record onchain usage, and a global pushback against financial surveillance. Privacy Coin Sector Roars Back Zcash (ZEC) touched $600 during intra-week trading […]
  • Tucker Carlson Calls Markets ‘Fake’ After 60 Days of Middle East Conflict08 May 2026 18:10Tucker Carlson Calls Markets 'Fake' After 60 Days of Middle East ConflictTucker Carlson told his audience that financial markets are no longer free or open, calling their behavior during the ongoing Iran conflict not just strange but deliberately manufactured. Tucker Carlson: ‘Markets Are Doing Things You Would Not Expect Markets to Do’ The comments came against a backdrop that has left many analysts searching for explanations. […]