Cointelegraph.com
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Cointelegraph.com - 16:15 May 20, 2026
Bitcoin struggles to overcome US selling pressure with markets on edge ahead of Nvidia's Q1 earnings report. Bitcoin (BTC) halted its latest recovery at Wednesday's Wall Street open as US traders sold off. Key points: Read more -
Cointelegraph.com - 15:17 May 20, 2026
Analytics provider Glassnode identified 10% of Bitcoin supply as structurally exposed to a quantum breakthrough, underscoring the need for a quantum-proof implementation such as BIP-360. Nearly 10% of the total Bitcoin supply is considered “structurally unsafe” due to a quantum computing breakthrough, as their output type reveals the public key by design, regardless of address management practices, according to data analytics platform Glassnode. Totaling about 1.92 million Bitcoin (BTC), the group includes BTC from early Satoshi-era Pay-to-Public-Key (P2PK) outputs, legacy multi-sig structures such as Pay-to-Multisig (P2MS) and modern Pay-to-Taproot (P2TR) outputs, which reveal the public key or public key-equivalent by design, wrote Glassnode in a Wednesday X post. Bitcoin creator Satoshi Nakamoto’s coins represent about 1.1 million or 5.5% of the vulnerable supply, following another 620,000 Satoshi-era coins or 3.1% of the supply and about 200,000 coins or 1% of the supply in Taproot addresses. Read more -
Cointelegraph.com - 14:50 May 20, 2026
Ethereum is flashing a warning of a familiar bearish pattern that preceded a 41% drop in January, raising risks of a fresh breakdown. Market analysts say Ether’s (ETH) price may drop to $1,000 if a breakdown from a bearish chart pattern is confirmed. Key takeaways: Ether’s downtrend could accelerate if the price breaks below the lower trend line of a bear flag at $2,000 on the daily chart, where a similar breakdown in January led to a 41.5% ETH price drop. Read more -
Cointelegraph.com - 14:16 May 20, 2026
EU opens MiCA review as consultation probes stablecoin interest rules, DeFi risks and classification gaps ahead of July's crypto authorization deadline. The European Commission has opened a review of its landmark crypto regulation, signaling that the European Union is considering updates to its landmark digital asset framework just two years after it took effect. The commission on Wednesday launched a public consultation seeking feedback from the crypto industry and the wider public on whether the EU’s Markets in Crypto-Assets Regulation (MiCA) should be updated. The consultation will remain open until Aug. 31. The commission said crypto markets and the global regulatory environment have “continued to evolve” since MiCA took effect in 2024, prompting officials to assess whether the current framework remains “fit for purpose.” Read more -
Cointelegraph.com - 14:00 May 20, 2026
If even a fraction of the more than 1 billion people who use AI daily delegate authority to AI agents for online spending, stablecoin adoption would grow substantially, a Fireblocks executive said. Digital assets platform Fireblocks has deepened its push into AI agent infrastructure by launching Agentic Payments Suite, a framework purpose-built to support the x402 protocol, as it also joined the x402 Foundation. Fireblocks said Wednesday that its full-stack solution would cover “the full lifecycle” of AI agent payments, including wallet infrastructure for agents to send funds and an acceptance layer for merchants to receive them. Agentic Payments Suite also includes several compliance and settlement features for regulated financial institutions. A key area of focus for Fireblocks with Agentic Payments Suite is to scale stablecoin adoption through the use of AI agents. Read more -
Cointelegraph.com - 13:08 May 20, 2026
Earlier, analysts at Bernstein and BitMEX co-founder Arthur Hayes also projected Bitcoin to reach new record highs in 2026. Bitcoin (BTC) is down roughly 40% from its October 2025 record high, but a long-term valuation model suggests the cryptocurrency could erase the entire decline and rally to as high as $255,000 by year-end. Key takeaways: The Bitcoin Decay Channel is a logarithmic price model that tracks BTC’s long-term uptrend while adjusting for smaller gains in each new cycle. Read more -
Cointelegraph.com - 13:03 May 20, 2026
MAS found deficiencies in Bsquared’s risk management and conflict-of-interest policies, and that the firm had provided false or misleading information to the regulator on multiple occasions. Singapore’s central bank has pulled the crypto payment license of Bsquared Technology Pte. Ltd., stripping the firm of its right to provide digital payment token services after uncovering a series of breaches. In a Wednesday announcement, the Monetary Authority of Singapore (MAS) said it revoked Bsquared’s Major Payment Institution Licence after an on-site inspection found weaknesses in the company’s risk management practices and conflict-of-interest policies, as well as failures to comply with the regulator’s outsourcing guidelines. MAS said Bsquared provided false or misleading information on multiple occasions, from its initial license application through the inspection itself. Read more -
Cointelegraph.com - 11:40 May 20, 2026
Bitcoin momentum is fading following drop to $76,000 as analysts warn a loss of key support at $74,000-$76,000 could trigger a deeper BTC price correction. Market analysts say Bitcoin (BTC) is showing “momentum exhaustion” after its 8% drop from multi-month highs above $82,000, with bulls expected to defend key crucial support levels. Key takeaways: Private wealth manager Swissblock stated that Bitcoin’s momentum is fading following failure to “sustain expansion” above $82,000. Read more -
Cointelegraph.com - 11:21 May 20, 2026
Senate Bill 163 bans CBDC payments by state agencies and shields Bitcoin miners from discriminatory zoning and licensing rules. South Carolina Governor Henry McMaster signed Senate Bill 163 into law on Tuesday, advancing one of the most crypto-friendly state-level frameworks in the country. The bill, which previously passed the Senate 38-1 and the House 110-1, bans state agencies from accepting central bank digital currencies (CBDCs), protects the rights of crypto users and miners, and clears regulatory hurdles for businesses operating in the space. On CBDCs, the law bars any state agency or political subdivision from accepting, requiring payment in, or participating in Federal Reserve-led digital currency trials, including any pilot programs run by federal agencies. Read more -
Cointelegraph.com - 10:06 May 20, 2026
Qivalis expands to 37 banks after adding 25 new members across 15 countries, boosting euro stablecoin plans ahead of a second-half 2026 launch. Qivalis, a European banking consortium developing a regulated euro stablecoin, expanded to 37 member institutions on Wednesday after adding 25 new banks across 15 countries. The new members include ABN AMRO, Rabobank, Nordea and Intesa Sanpaolo. The Amsterdam-based consortium is targeting a second-half 2026 launch, according to a statement shared with Cointelegraph. “We are not merely building payment rails; we are ensuring that European principles around data protection, financial stability and regulatory rigour are embedded into the next generation of digital money,” said Howard Davies, chairman of Qivalis’ supervisory board. Read more -
Cointelegraph.com - 09:16 May 20, 2026
OpenAI is opening its first overseas applied AI lab in Singapore through a $234 million partnership expected to create more than 200 technical roles. OpenAI is opening its first applied AI lab outside the US in Singapore through a multiyear partnership with the Ministry of Digital Development and Information, backed by more than $234 million. The AI company said Tuesday that the new lab will add more than 200 technical roles over the next few years, making Singapore one of OpenAI’s global hubs for Forward Deployed Engineers (FDE), or technical specialists who work directly with organizations to implement AI systems. “Through OpenAI for Singapore, we want to help more organisations benefit from frontier AI, support the next generation of local AI talent, and widen access to these tools across the country,” Denise Dresser, the company's chief revenue officer, said. Read more -
Cointelegraph.com - 07:37 May 20, 2026
Bitwise’s Matt Hougan says Hyperliquid’s token is not priced as if it is tied to a “global super-app,” arguing the platform is more than just a crypto platform. Crypto asset manager Bitwise has called Hyperliquid “one of the most mispriced assets in crypto today,” despite its outperformance so far this year. “Hyperliquid is one of the most important crypto projects to emerge in years,” Bitwise investment chief Matt Hougan said in a note on Tuesday. “Its native token, HYPE, is the best-performing large-cap crypto asset of 2026, up 77% YTD [year to date]. And yet I still think investors are underestimating its impact and its value.” Read more -
Cointelegraph.com - 07:20 May 20, 2026
Financial regulators are also asked to review regulations that could be amended to streamline applications for eligible fintech firms seeking bank and credit union charters. US President Donald Trump signed an executive order on Tuesday to review any barriers that might be stifling fintech innovation or preventing access to banking partnerships and payment rails. The order directs the Federal Reserve Board to evaluate the legal, regulatory and policy framework governing fintech and crypto firms' access to Federal Reserve payment systems and submit a report to Trump within 120 days. The governors have also been asked to assess the Federal Reserve's legal authority to grant direct access to fintech and crypto firms and to explore “options for expanding such access to the extent permitted by law, subject to appropriate risk management requirements.” Read more -
Cointelegraph.com - 07:01 May 20, 2026
GitHub said the activity involved the exfiltration of about 3,800 internal repositories, and it removed the malicious code extension. GitHub said on Wednesday it is investigating unauthorized access to its internal repositories following the compromise of an employee's device. “While we currently have no evidence of impact to customer information stored outside of GitHub’s internal repositories, we are closely monitoring our infrastructure for follow-on activity,” the developer platform said in a statement. In a subsequent post, GitHub said it detected and contained a compromise of an employee device involving a poisoned VS Code extension on Tuesday. “We removed the malicious extension version, isolated the endpoint, and began incident response immediately,” it added. Read more -
Cointelegraph.com - 07:00 May 20, 2026
Approximately 49,000 workers were laid off in 2026 as companies adopted a more AI-reliant business model. Meta has reportedly begun cutting staff in Singapore as the company executes a plan to reduce employee numbers by 8,000 to lean more heavily on AI. Emails were sent out at 4 a.m. Singapore time to affected employees, and staff in the US and Europe were also expected to be notified that morning, Bloomberg reported on Tuesday, citing people familiar with the matter. Meta’s engineering and product teams are expected to be hit hardest. Meta is one of several Big Tech firms cutting staff while investing heavily in AI infrastructure in an effort to streamline operations and reduce costs. An estimated 49,135 layoffs have occurred at US companies in 2026 as a result of AI integration. Read more -
Cointelegraph.com - 07:00 May 20, 2026
The remittance company partnered with Stripe-incubated blockchain Tempo to support stablecoin settlement and help validate transactions across its global payments network. MoneyGram partnered with payments-focused blockchain Tempo to support stablecoin settlement and help validate remittance transactions on the network, as remittance companies increasingly adopt blockchain technology for cross-border transfers. The companies said Stripe plans to settle transactions to MoneyGram using Tempo’s infrastructure as part of efforts to move treasury and payment flows onto stablecoin rails. Tempo is a Layer 1 blockchain incubated by Stripe and Paradigm that focuses on stablecoin transfers and cross-border payments. In April, Visa became an early validator on Tempo, alongside companies including Stripe and Zodia Custody. Read more -
Cointelegraph.com - 04:58 May 20, 2026
“Congress has the power to slam the brakes on this unwise conflict,” said bill sponsor and Democratic Senator Tim Kaine. The United States Senate has voted to advance a resolution that could force US President Donald Trump to seek congressional authorization to continue the country's war with Iran. The vote on a procedural war-powers measure on Tuesday passed by 50 to 47, with four Republicans also voting in favor, according to Reuters. Policymakers have been arguing that Congress, not the president, should have the power to send troops to war, as spelled out in the US Constitution. Read more -
Cointelegraph.com - 04:44 May 20, 2026
AI Financial Corp. posted a net loss of $271.5 million in the first quarter of 2026 as it flagged significant doubt about its ability to continue operating for the next 12 months. AI Financial Corp., a World Liberty Financial token treasury company, said its working capital deficit and liabilities are casting significant doubt on its ability to continue over the next year. The company, which has World Liberty CEO Zach Witkoff as its chairman, reported a net loss of $271.5 million in its first-quarter results on Monday, compared to losses of $2.4 million a year ago. The firm, formerly known as ALT5 Sigma, said that as of March 28, it had a working capital deficit of around $5.5 million, with $39.1 million in liabilities against $32.2 million in assets. Read more -
Cointelegraph.com - 03:14 May 20, 2026
Bankr recommends that affected users create a new wallet, generate a new seed phrase on a clean device and revoke approvals if remaining assets can’t be moved. AI-powered crypto trading assistant Bankr said it disabled transactions after identifying an attacker who gained access to at least 14 wallets, with users reporting that as much as $150,000 in crypto was drained from some. In an X post on Tuesday, Bankr said it was investigating reports that several wallets had been compromised and that transaction activity, including swaps, transfers and deployments, had been disabled “out of caution” while the investigation continues. “We've identified an attacker was able to access 14 Bankr wallets. We've temporarily locked things down while we work through the details. We will be reimbursing any and all lost funds. Will provide more updates as we have them,” it added. Read more -
Cointelegraph.com - 02:42 May 20, 2026
The crypto ETFs were intended to be part of Trump Media & Technology Group’s broader crypto strategy, which included the launch of the Truth.fi financial platform. Asset manager Yorkville America has requested the withdrawal of multiple crypto exchange-traded fund applications filed on behalf of the Donald Trump-backed Truth Social after changing its product strategy. Yorkville America said Tuesday that it is moving away from offerings registered under the Securities Act of 1933, such as the proposed Truth Social Bitcoin ETF, to structures under the Investment Company Act of 1940, saying the shift would enable it to offer more innovative products while benefiting from stronger investor protections and tax efficiencies. Yorkville America’s Truth Social Bitcoin & Ethereum ETF and Truth Social Crypto Blue Chip ETF were also withdrawn. The asset management firm said it “initiated this process after determining the '40 Act framework provides a structure for delivering the differentiated, rules-based investment st...
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