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Found 9894 news

  • Senate confirms Kevin Warsh as Federal Reserve governor, with chair vote expected
    Cointelegraph.com - 20:58 May 12, 2026
    Senate confirms Kevin Warsh as Federal Reserve governor, with chair vote expectedThe US Senate voted largely along partisan lines to confirm Kevin Warsh as a member of the Fed's Board of Governors, despite many Democrats’ concerns about the central bank’s independence. The US Senate has approved Kevin Warsh as the newest governor of the Federal Reserve, with a vote on his confirmation as chair of the central bank expected this week. In a 51 to 45 vote in the US Senate on Tuesday, lawmakers sided on party lines, with the exception of Democratic Senator John Fetterman, to approve President Donald Trump’s nominee. The chamber immediately followed by approving a motion to invoke cloture on a vote for Warsh as the next Fed chair, setting up a potential vote soon. Source: US Senate Read more
  • DTCC to use Chainlink to power 24/7 collateral management network
    Cointelegraph.com - 18:45 May 12, 2026
    DTCC to use Chainlink to power 24/7 collateral management networkThe world’s largest post-trade infrastructure provider will integrate Chainlink technology into its tokenized collateral platform ahead of a Q4 2026 launch. The Depository Trust & Clearing Corporation (DTCC) will integrate Chainlink infrastructure into its collateral management platform ahead of a planned fourth-quarter 2026 launch as it aims to support near real-time movement, valuation and settlement of tokenized collateral across financial markets and blockchains. DTCC said its Collateral AppChain platform is designed to serve as shared infrastructure for institutions including custodians, triparty agents and collateral managers. The blockchain oracle provider's technology will automate processes including margining, collateral optimization and settlement. Nasdaq said that its research found 52% of firms expect to manage live tokenized collateral by the end of 2026. Yet, 70% of the investment banks, custodians, prime brokers and asset managers survey report settlement matching and delivery issues daily, re...
  • WAIB Summit Monaco 2026 returns: the world’s most exclusive gathering for digital assets & AI
    Cointelegraph.com - 18:40 May 12, 2026
    WAIB Summit Monaco 2026 returns: the world’s most exclusive gathering for digital assets & AIFollowing the resounding success of its 2025 edition, WAIB Summit Monaco proudly announces its return on June 9–10, 2026, at the prestigious One Monte-Carlo, located in the heart of Monaco’s iconic Casino Square. Monaco, May 12, 2026 — Following the resounding success of its 2025 edition, WAIB Summit Monaco proudly announces its return on June 9–10, 2026, at the prestigious One Monte-Carlo, located in the heart of Monaco’s iconic Casino Square. Recognized as one of the world’s most exclusive summits for Web3, Artificial Intelligence, and Digital Assets, WAIB Summit Monaco 2026 will once again convene 2,000+ global attendees, including visionary founders, family offices, institutional investors, venture capitalists, regulators and policymakers, global brands, and thought leaders shaping the future of technology and innovation. Building on the global momentum surrounding the Monaco Formula 1 Grand Prix, the summit uniquely blends cutting-edge innovation, luxury, and elite networking—transforming Monaco’s peak i...
  • Latest version of crypto market structure bill raises eyebrows ahead of Senate markup
    Cointelegraph.com - 18:31 May 12, 2026
    Latest version of crypto market structure bill raises eyebrows ahead of Senate markupSome lawmakers continue to push for ethics provision in the bill as bipartisan support is necessary for the CLARITY Act to pass a Senate floor vote. The recently released text of the Digital Asset Market Clarity Act (CLARITY) in the US Senate Banking Committee is raising some eyebrows among experts before a scheduled Thursday markup for provisions on housing and the lack of ethics language. On Monday, three Republican lawmakers unveiled the text of the bill lawmakers will use to consider advancing crypto market structure legislation in the banking committee. It followed drafts released in July and September 2025, building upon discussions between crypto and banking industry representatives over stablecoin yield. Text of CLARITY Act. Source: US Senate Banking Committee Read more
  • XRP traders say bullishness ‘growing’ as ETFs log largest inflow since January
    Cointelegraph.com - 17:54 May 12, 2026
    XRP traders say bullishness ‘growing’ as ETFs log largest inflow since JanuaryXRP analysts highlighted the potential for a sustained price rally, fueled by strong institutional demand and a strong technical structure. XRP (XRP) price is down 3.2% in the past 24 hours and 6% below its recent high of $1.50 to trade at $1.42 on Tuesday. Despite this pullback, analysts say XRP is still positioned for further gains backed by several market and technical factors. Key takeaways: Institutional demand for XRP investment products has been strengthening, according to data from CoinShares. Read more
  • Ethereum derivatives unfazed by DeFi hacks: Can ETH hit $2.6K next?
    Cointelegraph.com - 17:14 May 12, 2026
    Ethereum derivatives unfazed by DeFi hacks: Can ETH hit $2.6K next? ETH futures and options signal quiet confidence among pros despite macro headwinds and DeFi exploits, keeping the $2,600 price target in play. Key takeaways: Ether (ETH) price failed to sustain bullish momentum after peaking near $2,380 on Sunday. Repeated failures to break the $2,400 mark over the past four weeks have gradually drained confidence, suggesting professional ETH traders might be jumping ship despite several derivatives and onchain metrics supporting further upside. Read more
  • Bitcoin digests highest US CPI since 2023 as Fed rate hike woes return
    Cointelegraph.com - 14:33 May 12, 2026
    Bitcoin digests highest US CPI since 2023 as Fed rate hike woes returnBitcoin showed fresh signs of volatility as US CPI inflation saw new multiyear highs on oil price hikes thanks to the US-Iran war. Bitcoin (BTC) saw classic volatility ahead of Tuesday’s Wall Street open as a key US inflation gauge hit its highest levels in three years. Key points: Read more
    Tags: Bitcoin
  • LMAX Group launches digital asset collateral solution for institutions
    Cointelegraph.com - 14:15 May 12, 2026
    LMAX Group launches digital asset collateral solution for institutionsThe new portal lets LMAX clients deposit digital assets into custody and use them as collateral to trade FX, metals, CFDs, perpetual futures and crypto. Global cross-asset marketplace LMAX Group has launched Kiosk, a hosted portal that lets institutional clients deposit digital assets into LMAX Custody and use them as collateral to trade across its FX, metals, derivatives and crypto markets. The product allows clients to post digital assets as collateral for spot foreign exchange, precious metals, contracts for difference, perpetual futures and digital assets, the company said Tuesday. Kiosk includes tools for deposits, withdrawals, API credential management, WalletConnect, security controls and treasury management, according to LMAX. Read more
  • Exodus sells over 1,000 Bitcoin as Q1 loss widens to $32M
    Cointelegraph.com - 14:05 May 12, 2026
    Exodus sells over 1,000 Bitcoin as Q1 loss widens to $32MExodus Movement reported a $32.1 million net loss in Q1, with revenue down 36.8% to $22.7 million amid a drop in monthly active users. Exodus Movement reported a net loss of $32.1 million for the first quarter of 2026, more than double the $12.9 million loss recorded in the same period last year, as the crypto wallet company liquidated the bulk of its Bitcoin treasury to fund acquisitions. Total revenue came in at $22.7 million for the three months ended March 31, down 36.8% from $36 million a year earlier, the company announced Monday.  Exchange aggregation, the company’s main business line, drove most of the decline, sliding $13.8 million, or 40.8%, as user trading volumes dried up. Monthly active users dipped to 1.5 million from 1.6 million a year ago, while quarterly funded users fell more sharply, dropping 22.2% to 1.4 million from 1.8 million. Read more
  • North Korea ‘industrialized’ crypto theft, laundered billions: CertiK
    Cointelegraph.com - 14:00 May 12, 2026
    North Korea ‘industrialized’ crypto theft, laundered billions: CertiKNorth Korea-linked hackers stole about $2.06 billion of the $3.4 billion lost in crypto hacks in 2025 and are moving from phishing to physical infiltration, CertiK’s new report finds. CertiK says North Korea-linked hackers stole about 60% of the value lost to crypto hacks in 2025, with proceeds used to help fund the regime’s nuclear and ballistic missile programs, highlighting the country's growing reliance on digital assets to generate hard currency. The findings, shared with Cointelegraph on Tuesday, come from a new Skynet report that attributes roughly $2.06 billion of an estimated $3.4 billion in 2025 crypto security losses to groups tied to the Democratic People’s Republic of Korea, or DPRK, across 79 of 656 incidents documented that year. Between 2016 and early 2026, DPRK-linked actors stole an estimated $6.75 billion in cryptocurrency across 263 documented incidents, the report says, citing findings by independent onchain researcher Taylor Monahan. Read more
  • FalconX expands tokenized credit facility to Monad network in lending push
    Cointelegraph.com - 14:00 May 12, 2026
    FalconX expands tokenized credit facility to Monad network in lending pushFalconX’s tokenized credit vaults can now be used as collateral in DeFi markets on Monad, expanding institutional lending products across blockchain networks. FalconX has expanded its tokenized structured credit facility to the Monad network, allowing institutional credit vault deposits to be used as collateral in decentralized finance protocols such as Morpho.  Tokenization takes traditional credit facilities and represents them as digital tokens on a blockchain. In this case, the facility packages loans originated through FalconX’s lending business into tokenized credit products accessible through Pareto vaults curated by M11 Credit. RWA.xyz data shows real-world assets issued onchain have grown to more than $31 billion, including Treasurys, credit products and other financial assets. Credit-related assets alone account for more than $5 billion in distributed value across blockchain networks. Read more
  • Bitcoin whale 'still short' BTC despite facing $13M in losses
    Cointelegraph.com - 13:56 May 12, 2026
    Bitcoin whale 'still short' BTC despite facing $13M in lossesA growing cluster of bearish indicators points to a possible Bitcoin pullback toward $71,000, potentially easing the whale’s $13 million net losses. A Bitcoin (BTC) whale is now down about $13 million as BTC price has rebounded by around 40% from its February lows. However, the trader continues to stand by the short position. Key takeaways: Known by the moniker 'pension-usdt.eth,' the trader is short 1,000 BTC, worth about $81.06 million, with 3x cross leverage, according to data gathered by HypurrScan.IO. Read more
    Tags: Bitcoin
  • Bitcoin may avoid historic bear market losses as ETF flows grow, says analyst
    Cointelegraph.com - 13:49 May 12, 2026
    Bitcoin may avoid historic bear market losses as ETF flows grow, says analystThe current Bitcoin bear market drawdown is far smaller than previous bear markets, as steady ETF inflows and corporate Bitcoin buying continue to absorb selling pressure. Bitcoin (BTC) is currently down 36% from its all-time high at $126,000, but one analyst claims that BTC’s fourth bear market has “materially decoupled” from previous bearish cycles, due to exchange-traded fund (ETF) inflows and corporate BTC accumulation. Bitcoin Bond Company CEO Pierre Rochard compared Bitcoin’s drawdowns across previous market cycles and said the current correction looks different from the past bear markets. The 2013–2015 cycle wiped out roughly 85% of Bitcoin’s value, while the 2017–2018 and 2021–2022 cycles saw declines of nearly 77% before the price bottomed. The current dip has been relatively smaller. Bitcoin fell to around $60,000 from its all-time high near $126,000, marking a decline of about 52%. Read more
    Tags: Bitcoin
  • Roaring Kitty-linked RKC memecoin crashes as developer cashes out $729K
    Cointelegraph.com - 13:44 May 12, 2026
    Roaring Kitty-linked RKC memecoin crashes as developer cashes out $729KA Solana memecoin linked to Roaring Kitty’s X account crashed after its developer cashed out $729,000, raising hack and sniping concerns. The developer of a new Solana-based memecoin cashed out about $729,000 after Keith Gill’s Roaring Kitty X account posted the token’s ticker and contract address, triggering a short-lived trading frenzy before the post was deleted. Following the now-deleted X post from Gill's account, Red Kitten Crew (RKC) briefly surged to an $11 million market capitalization before falling about 67% to $3.6 million at the time of writing, according to Dexscreener. The token’s developer sold about $611,000 worth of RKC and collected another $118,000 in creator fees through Pump.fun, bringing the total exit to roughly $729,000, according to blockchain analytics company Lookonchain. Lookonchain said the developer initially used 10 wallets to buy 395.18 million RKC, representing 39.52% of the token’s supply, raising concerns that the launch was dominated by creator-linked wallets before retail...
  • Four signs that Bitcoin has recovered to ‘full’ bullish momentum
    Cointelegraph.com - 13:32 May 12, 2026
    Four signs that Bitcoin has recovered to ‘full’ bullish momentumExpanding Bitcoin price momentum, recovering liquidity and surging network activity all point to continued bullish control. Market analysts said Bitcoin’s (BTC) upside remained intact despite the 2.5% correction from its multi-month high of $82,800 reached on May 6. Key takeaways: Private wealth manager Swissblock stated that Bitcoin is “still at full momentum,” despite the slight correction from recent highs. Read more
  • Istanbul Blockchain Week returns in June 2026 amid surging crypto adoption in Türkiye
    Cointelegraph.com - 12:56 May 12, 2026
    Istanbul Blockchain Week returns in June 2026 amid surging crypto adoption in TürkiyeIstanbul Blockchain Week, organized by Web3 marketing agency EAK Digital is set to return for its fifth edition on June 2nd-3rd, 2026, at the Hilton Bomonti Hotel. Istanbul, Türkiye, April 12, 2026 – Istanbul Blockchain Week, organized by Web3 marketing agency EAK Digital is set to return for its fifth edition on June 2nd-3rd, 2026, at the Hilton Bomonti Hotel. Following last year’s success, this year’s event is gearing up to host prominent leaders and organizations in the industry, with more opportunities to learn at the heart of Eurasia’s key crypto hub. According to a recent report by Chainalysis, Türkiye leads the Middle East and North Africa’s largest cryptocurrency market, recording nearly $200 billion in annual on-chain transactions, almost four times that of the UAE. Challenging economic circumstances have driven substantial adoption of crypto in Türkiye, serving as an economic necessity and a form of investment to navigate financial uncertainties. Read more
  • Wells Fargo lifts Ether ETF holdings in Q1 as Bitcoin positions shift
    Cointelegraph.com - 11:48 May 12, 2026
    Wells Fargo lifts Ether ETF holdings in Q1 as Bitcoin positions shiftWells Fargo lifted Ether ETF exposure while rotating Bitcoin holdings and sharply increasing its Strategy stake, per its Q1 2026 13F filings. Wells Fargo reported larger positions in Ether exchange-traded funds in the first quarter while reshuffling its Bitcoin ETF holdings across several products, according to its latest Securities and Exchange Commission filing. The bank said it raised its holdings in Ether (ETH) ETFs, including BlackRock’s iShares Ethereum Trust ETF (ETHA) and the Bitwise Ethereum ETF (ETHW), according to its latest Form 13F filing released on Monday. ETHA rose 63.5% from about 672,600 shares in Q4 2025 to roughly 1.1 million shares in Q1 2026, while ETHW increased by 37% from about 186,800 to more than 257,000 shares, showing a broad-based increase across Ether-linked funds. Read more
  • Bakkt pivots into stablecoin infrastructure as revenue tumbles 77% in Q1
    Cointelegraph.com - 11:10 May 12, 2026
    Bakkt pivots into stablecoin infrastructure as revenue tumbles 77% in Q1Bakkt posted a net loss of $0.41 per share in Q1 as revenue fell 77% to $243.6 million on lower crypto trading volumes. Bakkt swung to a first-quarter loss as crypto services revenue fell 77%, underscoring the digital asset platform’s push to reposition itself around stablecoin payments and AI-enabled financial infrastructure. On Monday, the company reported a net loss attributable to Bakkt of $11.7 million, or 41 cents per basic and diluted share, for the quarter ended March 31. That compares with net income attributable to Bakkt of $7.7 million, or $1.13 per diluted share, a year earlier. Crypto services revenue fell to $243.6 million from $1.07 billion in the prior year's period, Bakkt said. The company attributed the decline primarily to lower crypto trading volumes. However, nearly all of that revenue figure is offset by crypto costs and brokerage fees, which totaled $242 million in the quarter. Read more
    Tags: Bakkt
  • Bhutan’s GMC offers quick licenses, bank accounts to lure crypto firms
    Cointelegraph.com - 11:00 May 12, 2026
    Bhutan’s GMC offers quick licenses, bank accounts to lure crypto firmsGelephu Mindfulness City in Bhutan is offering a faster licensing track with banking and zero‑tax incentives to attract regulated crypto firms willing to build long‑term operations. Gelephu Mindfulness City (GMC) in Bhutan is offering an accelerated licensing pathway for crypto and fintech companies already regulated in hubs such as Singapore, Hong Kong and Abu Dhabi, as the Himalayan territory pushes to position itself as a new South Asian financial center. The framework allows qualified companies to incorporate, obtain authorization from local regulators and open a corporate bank account through a coordinated process tied to DK Bank, GMC’s official banking partner, according to a Tuesday release shared with Cointelegraph. The move reflects growing competition among emerging jurisdictions seeking to attract crypto firms with streamlined regulation, banking access and tax incentives, as global regulators tighten oversight and warn against regulatory arbitrage. Read more
    Tags: Bhutan
  • Rewardy Wallet launches global multi-chain swap campaign with incentives
    Cointelegraph.com - 10:23 May 12, 2026
    Rewardy Wallet launches global multi-chain swap campaign with incentivesSelf-custody wallet by Chainwith opens two-week user activation across Ethereum, BNB Chain, Solana, and Aptos, with prizes starting at $100. Self-custody wallet by Chainwith opens two-week user activation across Ethereum, BNB Chain, Solana, and Aptos, with prizes starting at $100 May 12, 2026 — Chainwith, the developer behind Rewardy Wallet, today opened a two-week global swap campaign that rewards users with raffle entries on qualifying cross-chain trades. The campaign runs from May 12 through May 26, 2026, and is open to all Rewardy Wallet users worldwide. Under the campaign mechanics, every $50 in swap volume converts into one raffle entry, with no cap on entries per user. A $200 swap returns four entries; $500 returns ten. Prizes start at $100 per winner and will be drawn at the close of the campaign. Read more

9894 items