Author: Vickie Helm

THORChain confirmed the $10 million exploit and launched a recovery portal, providing affected users with a self-custody pass to revoke the authorization of malicious tokens and submit refund requests backed by a similarly sized refund pool provided by the Treasury Department.In a post to X on Saturday, the THORChain Foundation introduced a recovery portal and said that “affected users can now see the amount they will be paid in compensation after the exploit.”Citing PeckShield’s postmortem, the portal claims the attack was detected at 2:14 a.m. UTC on May 11, when a node operator flagged an unusual outbound transaction. Transactions and…

Revolut received FCA approval on May 14 to offer private wealth services and leveraged products in the UK. summary The FCA has granted Revolut Trading a range of permissions to enable managed investments and principal trading for the first time. Revolut plans to launch a UK private banking arm this summer with a deposit threshold of £500,000. The move follows the granting of Revolut’s UK banking license in March 2026 and the MiCA crypto license secured through Cyprus. Victoria Laffey, head of operations at Revolut Trading, said the new permission was “the missing piece that allows us to bring together…

The Bitcoin Open, a combined golf and poker tournament hosted by Bitcoin Sports Network and Satstreet, is scheduled to take place on June 8, 2026 at Glen Abbey Golf Club in Oakville, Ontario. This event will be held at the club during its 50th anniversary year. Designed by Jack Nicklaus and opened in 1976, Glen Abbey Golf Club is one of Canada’s most famous golf venues. It has hosted the Canadian Open multiple times and is known for its championship-level layout and professional golf history. The course is located approximately 30 minutes west of Toronto and serves as a public…

In today’s Bitcoin news, Starknet launched strkBTC on May 12, 2026, a wrapped BTC-backed asset that runs on Starknet’s Bitcoin Layer 2 network and uses zero-knowledge encryption to keep balances and transaction history from the public. The real question isn’t whether Bitcoin privacy is a good idea. The question is whether this approach will actually achieve that, and what you will give up to achieve it. Bitcoin for institutional investors has been neglected for a decade because moving Bitcoin on-chain before a transaction is finalized exposes one’s position, counterparties, and intentions. @Decentralizedco just wrote the clearest breakdown of why it’s…

“SHIBs often benefit from the flow of sector-wide speculation, rather than needing their own news first,” Perplexity said. It was in late 2021 that the self-proclaimed Dogecoin killer shocked the crypto world with a massive price spike, pushing its market cap to over $40 billion. However, that peak did not last long, and the Shiba Inu headed south, making an apparent comeback in 2024 (though it did not reach its historic peak). The past year has been nothing short of disappointing for the token, with its price dropping 60%. There may be a lot of mistrust within the community right…

XRP remains above $1.45 as the market enters a critical week with Thursday’s Senate Banking Committee vote on the CLARITY Act, a bill that directly impacts XRP’s regulatory status and the broader framework governing digital assets in the United States. Prices are constructive, and Arab Chain Analytics, which tracks order flow on Binance, has added a layer of structural context to the current setup that price levels alone cannot provide. Related books This analysis examines the 30-day correlation between XRP price and cumulative volume delta. This is a measure of whether price movements are supported by genuine buying activity or…

JPMorgan Chase & Co. filed with the U.S. Securities and Exchange Commission (SEC) on May 12 for a second tokenized money market fund on Ethereum, proposing a digital token linked to a portfolio of U.S. Treasuries and overnight cash forwarding contracts that investors can hold in digital wallets or deploy as on-chain collateral. The filing estimates that the total market value of tokenized real-world assets (RWA) tracked by rwa.xyz is approximately $32 billion, and notes that competitors, including BlackRock, are moving forward with comparable institutional offerings under the recently enacted GENIUS Act. (Source RWA.xyz) This is not just a new…

Trustworthy editorial content reviewed by industry-leading experts and experienced editors. Advertising disclosure Global crypto investment products recorded net inflows of $857.9 million for the week ending May 11, with Bitcoin accounting for the lion’s share of the increase. This is the sixth consecutive week of positive flows and the strongest weekly total since April 24, according to CoinShares’ latest digital asset fund flow report. Analysts increasingly view this streak as a structural reset in institutional demand rather than a temporary recovery. The weekly figure represents a more than seven-fold increase compared to the previous week’s $117.8 million, according to CoinShares…

If you’ve been following the news headlines lately, you could be forgiven for thinking that the fight over stablecoin yields is the only sticking point holding the U.S. back from the comprehensive market structure bill that the crypto industry has been waiting for for years. But unfortunately that is wrong. In recent months, headlines have focused on a genuine but ultimately manageable disagreement over whether crypto platforms should be allowed to share yields from Treasury bill reserves with stablecoin holders, or whether the practice should be restricted to protect traditional banks from competition for consumer deposits. It’s a real battle.…

Wells Fargo reported an increase in its Ether exchange-traded fund position in the first quarter while reorganizing its holdings in Bitcoin ETFs across multiple products, according to its latest Securities and Exchange Commission filing.In its latest Form 13F filing released on Monday, the bank said it increased its holdings in Ether (ETH) ETFs, including BlackRock’s iShares Ethereum Trust ETF (ETHA) and Bitwise Ethereum ETF (ETHW).ETHA increased 63.5% from approximately 672,600 shares in Q4 2025 to approximately 1.1 million shares in Q1 2026, while ETHW increased 37% from approximately 186,800 shares to over 257,000 shares, showing broad-based gains across Ether-related funds.In…