Author: Crypto Editor

Timothy Morano Could 16, 2026 10:18 THORChain confirms $10M hack affecting 12,847 wallets. Restoration portal stay for claims; treasury-backed refunds obtainable till June 4. THORChain, the decentralized cross-chain liquidity protocol, has launched a restoration portal following a confirmed $10 million exploit on Could 11, 2026. The breach impacted 12,847 wallets throughout Bitcoin (BTC), Ethereum (ETH), BNB Chain, and Base. The portal, stay as of Could 16, permits affected customers to examine their compensation and submit refund claims, supported by a treasury-funded refund pool of equal measurement. The incident, revealed by way of a PeckShield autopsy, was traced to a vulnerability…

eToro co-founder Yoni Assia timed the highest of Bitcoin virtually completely as a result of he didn’t purchase the rising narrative that Bitcoin’s four-year cycle was useless. “I hate to promote Bitcoin, however I bought a bit on the sixth of October, I believe, at $126,000. I then purchased at $110, at $105, at $100,” Assia tells Cointelegraph at Paris Blockchain Week. Only a day earlier than Assia bought off some Bitcoin, the asset reached a brand new all-time excessive of $126,100 on Oct. 5, solely to be adopted by a $19 billion liquidation occasion on Oct. 10 that triggered…

Substantial market progressFull community restorationWith 332,230 wallets holding not less than 10,000 XRP, XRP Ledger has achieved a major on-chain milestone. The quantity signifies ongoing accumulation from mid-to-large holders, regardless of erratic market situations, and continues a progress pattern that has been steadily rising since June 2024. Substantial market progressThe data is important as a result of pockets progress of this magnitude usually signifies rising long-term conviction, versus short-term speculative buying and selling.Rising numbers of bigger XRP wallets prior to now point out that buyers will not be emotionally responding to short-term worth fluctuations, however reasonably positioning for future good points.…

Tony Kim Might 16, 2026 08:38 HBAR faces aggressive promoting strain regardless of impartial technicals, pointing towards an 18% correction to $0.074 assist ranges. Good cash’s 64% lengthy positioning suggests subsequent restoration above … Market Context: Why HBAR is Shifting Now HBAR sits trapped in a compression part at $0.09, with all short-term transferring averages converging at almost similar ranges. This technical setup creates unstable equilibrium that sometimes resolves with sharp directional strikes. The funding price at -0.0051% exhibits shorts paying longs, but aggressive promoting quantity outpaces shopping for by 32% in latest buying and selling periods. This divergence between…

Australia’s proposed adjustments to capital features tax may result in smaller income for cryptocurrency merchants, particularly low-income earners, and will discourage “affected person investing,” in keeping with a number of crypto executives. The proposed reform, introduced by the ruling Labor Get together on Tuesday as a part of its fiscal 12 months 2027 price range, will herald a minimal 30% tax on capital features and scrap the 50% capital features tax low cost on belongings held for greater than 12 months. Robin Singh, CEO and founding father of crypto tax platform Koinly, instructed Cointelegraph the proposed adjustments are a combined bag:…

Whereas macroeconomic strain continues weighing on danger property, an in depth BTC/USD chart evaluation factors to a robust pattern growing beneath the floor – consumers are methodically compressing value beneath key transferring averages, making ready a launchpad for a transfer towards $93,500. The principle intrigue lies within the strategic dominance of bulls throughout greater TradingView timeframes regardless of an more and more hostile macro backdrop.Bitcoin has now closed above the Bollinger Bands midline (20-week SMA) for a fourth consecutive week – the official dividing line between bullish and bearish developments. The power to carry this help for a whole month proves that…

Luisa Crawford Might 16, 2026 08:39 LDO sits dangerously near its decrease Bollinger Band at $0.35 with futures merchants positioning 63% brief and aggressive promoting stress mounting. Goal $0.31 help inside 48 hours with 70% pr… The Speedy Setup LDO is getting hammered proper now, down 7.35% in 24 hours and buying and selling at $0.35 – virtually kissing that decrease Bollinger Band. The momentum has utterly stalled out with MACD flatlining at zero, whereas RSI sits in no-man’s land at 41.84. What’s telling me this is not executed falling is the worth motion itself – we’re buying and selling…

Trusted Editorial content material, reviewed by main trade specialists and seasoned editors. Advert Disclosure The $292 million KelpDAO exploit is among the many largest crypto losses of 2026. The affect of this assault on customers’ confidence was broad, triggering a $13.5 billion drop in DeFi complete worth locked (TVL). Nevertheless, current developments counsel a return in market confidence. Traders Transfer To Accumulate rsETH As KelpDAO Resumes Operations  On April 18, attackers exploited a vulnerability in KelpDAO’s LayerZero-cross chain bridge, carting away 152,577 rsETH, valued at $292 million. In response to a report from analytics agency Santiment, this present day additionally…

Main South Korean monetary conglomerate Hana Monetary is shopping for a stake in Dunamu, the operator of the crypto change Upbit, in its newest enterprise into the digital belongings sector, amid a broader development of conventional monetary establishments wading into the digital belongings market.In a regulatory submitting on Friday, Hana Monetary introduced it’s shopping for greater than 2.2 million shares in Dunamu, or roughly 6.55% of the corporate, from funding agency Kakao Funding, price over 1.003 trillion Korean gained ($668 million).Hana Monetary’s 6.55% stake from Kakao makes it the fourth-largest Dunamu shareholder. South Korean outlet The Chosun Each day reported…

The Part 604Destroying open supply software programCharles Hoskinson sharply criticized efforts to take away Part 604 from the proposed Digital Asset Market Readability Act after the Nationwide Fraternal Order of Police urged U.S. senators to rethink the availability. The talk facilities on whether or not open-source crypto builders and infrastructure suppliers may face authorized publicity for the way third events use blockchain know-how.The Part 604In a letter despatched to Senators Tim Scott and Elizabeth Warren, Nationwide Fraternal Order of Police President Patrick Yoes argued that Part 604 would weaken legislation enforcement’s means to pursue monetary crimes involving cryptocurrency. The group…