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Found 11878 news

  • Galaxy, Sharplink plan $125M institutional DeFi yield fund backed by ETH treasury
    Cointelegraph.com - 17:26 May 11, 2026
    Galaxy, Sharplink plan $125M institutional DeFi yield fund backed by ETH treasurySharplink will contribute $100 million in staked Ether to a Galaxy-managed fund as institutions seek to earn yield from crypto holdings without selling ETH. Digital asset company Galaxy and Ethereum treasury platform Sharplink will launch a private fund that will invest Ether in decentralized finance (DeFi) strategies, signaling growing institutional interest in earning onchain yield from crypto holdings. The proposed fund, called the Galaxy Sharplink Onchain Yield Fund, is expected to launch in the coming weeks with $125 million in initial commitments, the companies said Monday. Sharplink plans to contribute $100 million from its staked Ether (ETH) treasury, while Galaxy will commit $25 million and serve as the fund’s manager. Read more
  • Crypto and AI could be dirty words on 2026 midterm campaign trail
    Cointelegraph.com - 14:19 May 11, 2026
    Crypto and AI could be dirty words on 2026 midterm campaign trailVoter attitudes toward the AI and crypto industries aren’t favorable in the US, and a spotlight on how much they’re spending could further alienate them ahead of the 2026 midterms. The AI and crypto industries have made headlines over the past year thanks to the impressive war chests amassed by corporate political action committees (PACs). Profligate spending during the last federal elections in the US has led to unprecedented policy changes favoring the crypto industry, with indications that a full legislative framework in the form of the CLARITY Act is on its way to becoming law.  But this hasn’t endeared the crypto industry to voters. Recent polls from Politico show distrust of the crypto industry, and the electorate isn’t sold on the benefits of AI. Read more
    Tags: Crypto
  • Augustus gets conditional OCC approval for AI and stablecoin bank
    Cointelegraph.com - 14:03 May 11, 2026
    Augustus gets conditional OCC approval for AI and stablecoin bankPeter Thiel-backed Augustus has won conditional OCC approval for a US bank charter focused on AI-driven payments and stablecoin settlement infrastructure. Peter Thiel-backed payments startup Augustus received conditional approval from the US Office of the Comptroller of the Currency (OCC) to establish a US national bank built around artificial intelligence and stablecoin-based payments. The approval, announced Monday, would allow Augustus to expand its existing European banking operations into the US, as financial firms increasingly compete to modernize cross-border settlement infrastructure using tokenized dollars and blockchain-based payment systems. The company describes Augustus National Bank as “the first clearing bank for the AI era,” built on an AI and stablecoin-native core designed to interact directly with machine agents at “the speed of compute,” rather than relying on batch processes and human clerks. Read more
    Tags: Augustus
  • Strategy resumes Bitcoin acquisitions with $43M BTC buy
    Cointelegraph.com - 13:53 May 11, 2026
    Strategy resumes Bitcoin acquisitions with $43M BTC buyStrategy added $43 million in Bitcoin last week after Michael Saylor drew mixed investor reactions for signaling potential BTC sales to fund dividend payments. Strategy bought 535 Bitcoin for $43 million last week, resuming its accumulation strategy days after its chairman, Michael Saylor, said the company may sell some of its holdings to fund dividend payments. The world’s largest corporate Bitcoin holder acquired the Bitcoin (BTC) between May 4 and May 10 at an average price of $80,340 per BTC, according to a Monday filing with the US Securities and Exchange Commission. The purchase lifted Strategy’s total holdings to 818,869 BTC, acquired for about $61.86 billion at an average price of $75,540 per coin, including fees and expenses. Read more
  • DAPPOS launches xBubble: An AI agent that learns and uses AI for you
    Cointelegraph.com - 13:30 May 11, 2026
    DAPPOS launches xBubble: An AI agent that learns and uses AI for youxBubble allows users to complete specific tasks with simpler prompts by automatically building and dispatching task-specific AI agents. xBubble allows users to complete specific tasks with simpler prompts by automatically building and dispatching task-specific AI agents. Today, DAPPOS is launching xBubble, a low-prompt AI agent designed for users who want results, not prompt-tuning sessions. With xBubble, users can turn short requests into deliverable work across creating image/video, websites, documents, and scheduled solutions, without testing models, assembling tools, building solutions, or vibe coding skills themselves. Read more
  • USDC issuer Circle raises $222M in Arc token presale valued at $3B
    Cointelegraph.com - 13:00 May 11, 2026
    USDC issuer Circle raises $222M in Arc token presale valued at $3BCircle raised $222 million in an ARC token presale led by a16z Crypto as Q1 revenue hit $694 million and USDC circulation climbed to $77 billion. Circle Internet Group agreed to sell 740 million ARC tokens for $222 million in a private placement led by a16z Crypto, valuing the Arc blockchain network at $3 billion on a fully diluted basis. The New York Stock Exchange-listed issuer of the USDC stablecoin disclosed the token presale Monday alongside its first-quarter 2026 results, which showed higher revenue and reserve income but lower net income. The round was led by a16z Crypto and backed by a consortium including BlackRock, Apollo Funds, ARK Invest, Bullish, General Catalyst, Haun Ventures, Intercontinental Exchange, IDG Capital, Janus Henderson Investors, Marshall Wace, SBI Group and Standard Chartered Ventures. Read more
  • XRP metrics line up bull signals for ‘full-scale rally’ to $2
    Cointelegraph.com - 12:46 May 11, 2026
    XRP metrics line up bull signals for ‘full-scale rally’ to $2XRP is giving hints that a price breakout may be underway, based on several technical and onchain indicators, with bulls eyeing $2 as the first stop. XRP (XRP) rallied 9% over the weekend to $1.50 as several technical and onchain indicators suggested it was due for a “full-scale” upward breakout. Key takeaways: Data from TradingView showed XRP/USD remained 60% below its multiyear high of $3.66 reached in July 2025 and traded 21% below its yearly open of $1.83.  Read more
  • Crypto funds log $858M in sixth straight week of inflows: CoinShares
    Cointelegraph.com - 11:31 May 11, 2026
    Crypto funds log $858M in sixth straight week of inflows: CoinSharesCrypto ETPs drew $858 million in inflows last week, led by Bitcoin with $706 million, as sentiment improved and short-BTC funds saw $14 million of outflows. Cryptocurrency investment products recorded a sixth straight week of inflows in their longest streak since April to July 2025, totaling $4.9 billion, as improving sentiment around US crypto legislation helped push Bitcoin above $80,000 and lift assets under management to their highest level since February. Crypto exchange-traded products (ETPs) posted around $858 million in inflows last week, sharply up from $118 million in inflows the previous week, CoinShares reported Monday. The gains were likely supported by developments around the US CLARITY Act, said CoinShares head of research James Butterfill, referring to a final compromise proposal regarding stablecoin yields released on May 1. Read more
  • BTC price target becomes $85K next: Five things to know in Bitcoin this week
    Cointelegraph.com - 11:05 May 11, 2026
    BTC price target becomes $85K next: Five things to know in Bitcoin this weekBitcoin faced a choice between consolidation and new local highs as $80,000 support held despite flash BTC price volatility and liquidity grabs. Bitcoin (BTC) starts a new week in fighting form as $80,000 support survives a volatile weekly close. Key points: Read more
  • Capital B raises $17.8M to expand its Bitcoin treasury
    Cointelegraph.com - 09:48 May 11, 2026
    Capital B raises $17.8M to expand its Bitcoin treasuryCapital B raised $17.8 million from investors, including Adam Back and TOBAM, saying proceeds could help add 182 BTC to its treasury. France-listed Bitcoin treasury company Capital B raised 15.2 million euros ($17.8 million) from strategic investors including Blockstream CEO Adam Back and Paris-based asset manager TOBAM as it seeks to expand its BTC treasury. The new capital was raised through a private placement of shares, with four share subscription warrants attached to each share at a fixed price of $0.78, the company said Monday. The company said the proceeds, together with ongoing operations, could allow it to acquire another 182 Bitcoin, potentially lifting its total holdings to 3,125 BTC. Read more
  • Crypto.com receives UAE license for Dubai government crypto payments
    Cointelegraph.com - 09:15 May 11, 2026
    Crypto.com receives UAE license for Dubai government crypto paymentsCrypto.com says a new UAE Stored Value Facilities license will let residents pay Dubai government fees in crypto, as the company doubles down on regulated expansion in the Middle East and beyond. Update (May 11, 2026, at 13:17 UTC): This article has been updated to include responses from Mohammed Al Hakim, president and general manager for the UAE at Crypto.com. Crypto.com has received a Stored Value Facilities license from the Central Bank of the United Arab Emirates, allowing residents to pay Dubai government fees using cryptocurrencies via its platform, the company said Monday. The company says the license allows users to fund payments in digital assets while settlements are made in UAE dirhams or in dirham-backed stablecoins approved by the central bank under the SVF framework. Read more
  • This Bitcoin price level will be 'end of the bears' if broken, says analyst
    Cointelegraph.com - 09:04 May 11, 2026
    This Bitcoin price level will be 'end of the bears' if broken, says analystBitcoin’s rejection at the 200-day EMA mirrors past 25% and 36% BTC sell-offs, fueling fears of another drop toward $60,000. Bitcoin (BTC) has climbed roughly 40% from its February lows, bringing the price back to a critical resistance zone that could determine whether the bear market continues or finally ends. Key takeaways: As of Monday, BTC/USD was down 2.25% near $80,500, erasing its overnight gains as buyers once again failed to clear the 200-day exponential moving average (200-day EMA, blue line). Read more
  • 7 Democrats seen as ‘key’ to advancing CLARITY Act: Galaxy
    Cointelegraph.com - 07:34 May 11, 2026
    7 Democrats seen as ‘key’ to advancing CLARITY Act: Galaxy The CLARITY Act, introduced in July 2025, stalled in January after Coinbase withdrew its support for the legislation over concerns about legal protections and stablecoin yields. Crypto investment firm Galaxy Digital said seven Democratic lawmakers on the US Senate Banking Committee could be key to advancing the Digital Asset Market Clarity Act when it goes to markup on Thursday, sending it to the Senate for a vote. In an X post on Sunday, Galaxy Digital labeled Democratic lawmakers Ruben Gallego and Angela Alsobrooks as “constructive/pro-framework” when it comes to crypto. Four other lawmakers are seen as “deal-makers,” while one lawmaker is seen as “mixed.”  “If Democrats vote for the bill in markup, likelihood of ultimate passage on the Senate floor increases significantly,” Galaxy Digital said.  Read more
  • Veteran investor bets on Ethereum as AI agents drive tokenization demand
    Cointelegraph.com - 07:21 May 11, 2026
    Veteran investor bets on Ethereum as AI agents drive tokenization demandAI agents need “food,” and that food is not physical food; it is tokens, said Jordi Visser. Macro investor and former hedge fund manager Jordi Visser said he recently bought Ether as he sees the “tokenization reality” starting this year, with tokenized assets powering agentic AI payments. “I don't think enough people are talking about tokenization and what’s happening,” Visser told Anthony Pompliano on a podcast on Saturday, predicting that tokenization and AI will be intertwined.  AI agents cannot access banking services or credit, so their primary method of transacting online autonomously will be digital assets such as Ether or stablecoins, which do not require bank accounts, logins or human approval. Read more
  • Australia plans capital gains tax changes affecting crypto investors: Report
    Cointelegraph.com - 07:18 May 11, 2026
    Australia plans capital gains tax changes affecting crypto investors: ReportThe Albanese government’s budget plans to replace the 50% capital gains tax discount on assets held over 12 months with a model taxing full real gains adjusted for inflation. The Australian government is reportedly seeking to replace capital gains tax discounts on crypto and other assets with an inflation indexation tax, which could increase the taxes on long-term crypto gains. The Albanese government’s fiscal year 2027 budget, set to be released on Tuesday, would cut the current 50% capital gains tax discount alongside changes to housing investment taxes, the Australian Financial Review reported on Sunday, citing people familiar with the budget. Australian investors can currently claim a 50% capital gains tax discount on assets held for more than 12 months. The proposed indexation model would instead tax full real gains, adjusted for inflation, over the time the asset is held. Read more
  • Circle makes USDC push into AI agent payment tools
    Cointelegraph.com - 07:00 May 11, 2026
    Circle makes USDC push into AI agent payment toolsThe new tools let AI agents hold wallets, discover services and make programmable USDC payments across blockchain networks. Circle launched a suite of tools designed to let AI agents hold wallets, discover services and make programmable payments using USDC, as companies race to build financial infrastructure for autonomous software systems. The products, released under Circle’s new “Agent Stack,” include agent-focused wallets, a command-line developer interface, a marketplace for agentic services and a nanopayments protocol for machine-to-machine transactions. Circle said the nanopayments infrastructure supports gas-free USDC (USDC) transfers as small as $0.000001 and is designed for high-frequency autonomous payment flows between software systems. Read more
  • White hat returns $190K to Renegade hours after hacking the protocol
    Cointelegraph.com - 06:55 May 11, 2026
    White hat returns $190K to Renegade hours after hacking the protocolThe white hat hacker said the decision to exploit Renegade’s dark pool was made to protect the funds and safety of DeFi users. The team behind the Renegade.fi protocol said a whitehat hacker returned about $190,000 after exploiting one of its Arbitrum-based decentralized dark pools and later complying with instructions in an onchain message to return 90% of the funds. Renegade confirmed the return of funds on Sunday after blockchain analytics platform Blockaid flagged the $209,000 exploit at 8:27 am UTC. The hacker injected malicious logic into a faulty function tied to its V1 Arbitrum dark pool to steal 27 ERC-20 tokens. Data from Arbitrum block explorer Arbiscan shows that the whitehat returned about $190,000 to the Arbitrum wallet address “0xE4A…5CFBE,” which includes $84,370 worth of USDC (USDC), $27,885 in wrapped Bitcoin and $23,950 in wrapped Ether. Read more
  • Bank of England chief says global stablecoin rules will ‘wrestle’ with US
    Cointelegraph.com - 06:04 May 11, 2026
    Bank of England chief says global stablecoin rules will ‘wrestle’ with USGlobal regulators will have to confront US policy on dollar-backed stablecoins as they seek international standards for payment tokens, Andrew Bailey said. Bank of England Governor Andrew Bailey said international regulators will have to “wrestle” with the US over global rules for stablecoins, which are largely denominated in and backed by US dollars. “If ​we want stablecoins to be part of the architecture of payments globally [...] they're ‌only ⁠going to work if we have international standards,” Bailey said at a conference on Friday, according to Reuters.  “Frankly, that, I think, is going to be a coming wrestle with the [US] administration," he added. Read more
  • SUI spikes 50% amid staking moves, zero-fee stablecoins, privacy push
    Cointelegraph.com - 05:54 May 11, 2026
    SUI spikes 50% amid staking moves, zero-fee stablecoins, privacy pushAdeniyi Abiodun, co-founder of Mysten Labs, announced at an event in Miami plans for zero-fee stablecoin transfers on Sui and reiterated the ambition to add private transactions. Sui network’s native token, SUI, has climbed 50% over the past seven days after a Nasdaq-listed company staked a large portion of the token’s supply and developers announced upcoming features, including zero-fee stablecoin transfers and private transactions.  SUI traded around $0.94 on May 4 before climbing to $1.41 on Sunday, according to CoinGecko. Over the same timeframe, trading volume surged from more than $213 million to over $2.5 billion.  Ryan McMillin, co-founder and chief investment officer of Australian crypto investment manager Merkle Tree Capital, told Cointelegraph the rally has likely been driven by multiple reinforcing catalysts. Read more
  • Privacy advocates slam reCAPTCHA update they say locks out de-Googled phones
    Cointelegraph.com - 05:34 May 11, 2026
    Privacy advocates slam reCAPTCHA update they say locks out de-Googled phonesPrivacy-conscious internet users are being “demoted” from second to third-class netizens, said Bitcoiner Jameson Lopp. Privacy proponents have criticized Google’s latest reCAPTCHA changes, arguing they could lock users of Android phones without Google Play Services out of websites that rely on the new verification flow. Google-owned reCAPTCHA is used to verify that a user is human, usually by asking them to click on images of a bus or a fire hydrant.  Google announced “Cloud Fraud Defense” in late April, branding it “the next evolution of reCAPTCHA.”The latest update now presents users with a QR code to verify their humanity, but requires Google Play Services or the Apple equivalent to be running on the device, which isn’t present on “de-Googled” Android phones, such as those running GrapheneOS or CalyxOS. Read more

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