CLARITY Act Clears Committee, But Money Laundering Question Hovers Over Crypto
Last year, there was a 162% year-over-year increase in illicit crypto flows driven by a 694% jump in value received by sanctioned entities.
By Wayne Jones 5/16/2026, 5:22:09 PM
THORChain exploit turns emergency chain halt into a DeFi trust test
THORChain’s suspected multichain exploit and emergency halt on May 15 turned another DeFi security incident into another test of cross-chain trust. Emergency controls moved through chain-specific halts, Halt All Trading, Halt Signing, Halt Chain Global, Halt Churning, and repeated global node-pause updates. One public alert described a likely...
By Liam 'Akiba' Wright 5/16/2026, 5:20:54 PM
Stablecoin Market Cap Tops $323.3 Billion as Weekly Inflows Log $1.5 Billion
The stablecoin sector climbed to a fresh zenith of $323.343 billion during the last seven days as $1.542 billion entered the market. Tether posted a modest 0.04% gain while maintaining market dominance near 58.67%. Tether Commands 58.67% of Stablecoin Market; Western Union USDPT Rises 597,568% Tether’s USDT remains the dominant force in the...
By Jamie Redman 5/16/2026, 5:16:44 PM
Bhutan disputes $1B Bitcoin sell-off claims, says it doesn’t recall sales
Bhutan's Bitcoin sell-off controversy highlights the complexities of sovereign crypto holdings, impacting market perceptions and investor confidence. The post Bhutan disputes $1B Bitcoin sell-off claims, says it doesn’t recall sales appeared first on Crypto Briefing.
By Editorial Team 5/16/2026, 5:15:26 PM
China calls Trump visit trade deals ‘preliminary’, tempering $250B headline
The framing of trade deals as preliminary highlights the gap between political optics and actual economic commitments, affecting market perceptions. The post China calls Trump visit trade deals ‘preliminary’, tempering $250B headline appeared first on Crypto Briefing.
By Editorial Team 5/16/2026, 5:12:56 PM
Ripple's Schwartz Joins XRPL Foundation, XRP Hits ATH in Wallets, Cardano Founder Hoskinson Calls Clarity Act 'Insanity' — Top Weekly Crypto News
Ripple's Schwartz joins XRP Ledger Foundation; XRP secures a massive milestone; Cardano founder Hoskinson calls Clarity Act section removal insanity.
By Dan Burgin 5/16/2026, 5:08:56 PM
Bitcoin analysis sees 'bear trap' as BTC price passes two-week lows under $78K
Bitcoin fell below $78,000 for the first time since the start of May, but traders refused to give up hope of a BTC price rebound coming next.
By William Suberg 5/16/2026, 5:07:39 PM
Trump meets Xi Jinping in Beijing amid US-China tensions
The meeting highlights the critical need for direct dialogue in managing U.S.-China tensions and its potential impact on global stability. The post Trump meets Xi Jinping in Beijing amid US-China tensions appeared first on Crypto Briefing.
By Estefano Gomez 5/16/2026, 5:02:38 PM
Solana Eyes $117 Breakout — If Bulls Can Crush This Key Resistance
The Solana price has struggled to shake off its early-year woes despite a slightly improved general market climate in recent weeks. After falling from a nearly $150 valuation in the first quarter of 2026, the altcoin has been stuck within a consolidation range between $75 and $100 over the past few months. The upper boundary of this consolidation...
By Opeyemi Sule 5/16/2026, 5:00:38 PM
Figure AI’s humanoid robots sort 88,000 packages in 72 hours during nonstop livestream
Figure AI's demo highlights potential for autonomous robotics in logistics, but accuracy issues may hinder commercial viability and deployment. The post Figure AI’s humanoid robots sort 88,000 packages in 72 hours during nonstop livestream appeared first on Crypto Briefing.
By Editorial Team 5/16/2026, 4:49:55 PM
Intesa Sanpaolo increases crypto exposure to $231M in Q1
Intesa's crypto strategy signals a shift towards institutional acceptance, potentially reshaping the competitive landscape in digital finance. The post Intesa Sanpaolo increases crypto exposure to $231M in Q1 appeared first on Crypto Briefing.
By Editorial Team 5/16/2026, 4:49:55 PM
BlackRock in talks to invest up to $10 billion in SpaceX IPO: Report
BlackRock's potential investment in SpaceX's IPO could significantly boost institutional confidence in the commercial space sector. The post BlackRock in talks to invest up to $10 billion in SpaceX IPO: Report appeared first on Crypto Briefing.
By Vivian Nguyen 5/16/2026, 4:47:41 PM
Crypto Quant Researcher Flags Major Dangerous Setup for Bitcoin Dating Back to February — Details
Bitcoin may be on the verge of a sharp market correction as on-chain data reveals a dangerous structural shift reminiscent of previous cyclical peaks.
By Olivia Brooke 5/16/2026, 4:38:33 PM
Upbit operator Dunamu reports 78% profit drop amid cooling crypto market
Dunamu's profit drop highlights the vulnerability of crypto exchanges to market fluctuations, emphasizing the need for diversified revenue streams. The post Upbit operator Dunamu reports 78% profit drop amid cooling crypto market appeared first on Crypto Briefing.
By Vivian Nguyen 5/16/2026, 4:35:13 PM
How Shiba Inu’s Explosive Rise Helped One Investor Turn $30 Into a Stunning $600,000 Fortune
A remarkable claim from a crypto mentor has resurfaced, highlighting how one early Shiba Inu trade allegedly transformed a modest $30 into a $600,000 fortune.
By Brenda Ngari 5/16/2026, 4:27:46 PM
NextEra Energy in advanced talks to acquire Dominion Energy in potential $400B megadeal
The merger could reshape the US energy landscape, driving renewable growth amid rising electricity demand, but faces regulatory hurdles. The post NextEra Energy in advanced talks to acquire Dominion Energy in potential $400B megadeal appeared first on Crypto Briefing.
By Editorial Team 5/16/2026, 4:26:22 PM
Gamma Fund linked wallets deposit 10,976 Ethereum worth $23.9M to Binance
Gamma Fund's strategic ETH sales highlight the potential for increased market volatility and pressure on Ethereum prices as large holders liquidate. The post Gamma Fund linked wallets deposit 10,976 Ethereum worth $23.9M to Binance appeared first on Crypto Briefing.
By Editorial Team 5/16/2026, 4:26:15 PM
Bitcoin Mining Stocks Sink Friday Yet Still Beat BTC in 2026 Performance
Publicly-listed bitcoin miners took a beating on Friday, May 15, 2026, with every major traded mining stock dropping between 2.52% and 9.59% in a single session, even as their year-to-date gains outpaced bitcoin’s own performance by a wide margin. Bitcoin Miner Stocks Suffer on Friday, But Still Hold Solid 2026 Gains Bitcoin closed the week […]
By Jamie Redman 5/16/2026, 4:20:09 PM
Historic CLARITY Act Clears Senate Hurdle, Could Provide $10 Trillion Catalyst for Crypto Economy
The US Senate Banking Committee has advanced the CLARITY Act in an arguably major win for the crypto economy.
By Talha Arshad 5/16/2026, 4:10:06 PM
OpenAI partners with Malta to give every citizen free ChatGPT Plus access
Malta's initiative may set a precedent for integrating AI literacy with digital identity, influencing global tech policy and education strategies. The post OpenAI partners with Malta to give every citizen free ChatGPT Plus access appeared first on Crypto Briefing.
By Editorial Team 5/16/2026, 4:02:49 PM
Cerebras Systems achieves $60B valuation after blockbuster IPO
Cerebras' IPO success highlights the growing demand for diversified AI infrastructure, but reliance on few clients and competition with Nvidia pose risks. The post Cerebras Systems achieves $60B valuation after blockbuster IPO appeared first on Crypto Briefing.
By Editorial Team 5/16/2026, 4:01:03 PM
Canadian Dollar Dips Toward 1.3750 as US-China Summit Boosts USD
The Canadian Dollar (CAD) has lost ground against the US Dollar (USD), as the USD/CAD...
By Globe PRwire 5/16/2026, 3:44:42 PM
USD/JPY Continues Rally, Holds Above 20-Day EMA
The USD/JPY currency pair continues to demonstrate strong upward momentum, extending its winning streak to...
By Globe PRwire 5/16/2026, 3:43:12 PM
Indian Rupee Slips as Forex Reserve Worries Grow
The Indian Rupee (INR) continues to trade near its all-time low against the US Dollar...
By Globe PRwire 5/16/2026, 3:41:49 PM
WTI Crude Outlook: Climbs Toward $98.50, Upholding Bullish Momentum
West Texas Intermediate (WTI) crude oil continues to show a constructive bullish bias, trading near...
By Globe PRwire 5/16/2026, 3:40:17 PM
AUD/JPY Outlook: Dips Toward 114.00 Yet Retains Upward Bias Above 100-Day Moving Average
The AUD/JPY currency pair has attracted selling interest near the 114.00 level during the early...
By Globe PRwire 5/16/2026, 3:38:32 PM
Dogecoin Whale Bets $2.25M With 10x Leverage as Big Wallets Hoard Record 108B DOGE
A newly created crypto wallet opened a $2.25 million, 10x leveraged long on dogecoin, betting on an upside move with a liquidation price at $0.10284, less than 10% below current spot price. High Stakes, Tight Margin A 10x leveraged position amplifies profits and losses by a factor of ten such that if DOGE rises 10%, […]
By Shiraz Jagati 5/16/2026, 3:34:13 PM
Morgan Stanley boosts Solana exposure to $29.9M via Bitwise ETF
Morgan Stanley's increased Solana exposure signals growing institutional interest in crypto, potentially influencing broader market adoption. The post Morgan Stanley boosts Solana exposure to $29.9M via Bitwise ETF appeared first on Crypto Briefing.
By Editorial Team 5/16/2026, 3:33:57 PM
SpaceX plans $75B IPO, set to surpass Saudi Aramco’s record
SpaceX's IPO could redefine market dynamics, influence global investment strategies, and accelerate advancements in space technology. The post SpaceX plans $75B IPO, set to surpass Saudi Aramco’s record appeared first on Crypto Briefing.
By Editorial Team 5/16/2026, 3:33:15 PM
Iran imposes $2M toll for Strait of Hormuz transit, impacting US operations
Iran's toll on the Strait of Hormuz may shift regional power dynamics, complicating U.S. operations and influencing future diplomatic efforts. The post Iran imposes $2M toll for Strait of Hormuz transit, impacting US operations appeared first on Crypto Briefing.
By Estefano Gomez 5/16/2026, 3:22:12 PM
Hackers Targeting 59 Banking, Fintech and Crypto Platforms, Stealing Credentials, PINs and More: Report
Hackers are reportedly targeting 59 banking, fintech and cryptocurrency platforms while spreading through popular applications such as WhatsApp and Outlook. A trojan called TCLBanker is hitting Windows systems through tainted Microsoft installation packages, reports BleepingComputer. It was discovered by Elastic Security Labs, whose researchers...
By Mehron Rokhy 5/16/2026, 3:15:10 PM
Lightning Network Comes to Kenya’s M-Pesa Mobile Money Network
Kenya Bitcoin Lightning Network Meets M-Pesa via Tando The post Lightning Network Comes to Kenya’s M-Pesa Mobile Money Network appeared first on Coinspeaker.
By Daniel Francis 5/16/2026, 3:14:34 PM
Iran signals transit normalization through Hormuz tied to security conditions after Trump’s China visit
Iran's new Strait of Hormuz regulations could reshape global oil logistics, impacting shipping costs and geopolitical dynamics significantly. The post Iran signals transit normalization through Hormuz tied to security conditions after Trump’s China visit appeared first on Crypto Briefing.
By Editorial Team 5/16/2026, 3:09:55 PM
UK government to unveil looser bank ring-fencing rules next week
Looser ring-fencing rules may boost efficiency and reduce costs for major UK banks, potentially altering competitive dynamics in the financial sector. The post UK government to unveil looser bank ring-fencing rules next week appeared first on Crypto Briefing.
By Editorial Team 5/16/2026, 3:09:34 PM
Palantir CEO expects 100% growth in US operations
Palantir's projected growth highlights a shift towards scalable software solutions, emphasizing efficiency and potential market expansion. The post Palantir CEO expects 100% growth in US operations appeared first on Crypto Briefing.
By Editorial Team 5/16/2026, 3:09:18 PM
ETH Hits Yearly Low Against BTC as Investors Flood Exchanges
The last time ETH traded so low against the market leader was in the middle of last year.
By Jordan Lyanchev 5/16/2026, 3:07:40 PM
Crypto ATM Giant Bitcoin Depot Warns Of Possible Collapse
Bitcoin Depot had roughly 220 machines running in Canada when the Canadian government released its Spring Economic Update in April, proposing a nationwide ban on crypto ATMs to combat scammers and money launderers. The timing could not have been worse for the company. A Company Running Out Of Room The Atlanta-based crypto kiosk operator disclosed...
By Christian Encila 5/16/2026, 3:00:50 PM
Jump Crypto’s ‘Firedancer’ is taking a slow and steady approach to its long-awaited Solana infrastructure rollout
In an interview with CoinDesk, the lead engineer at Firedancer gives an update on how the new client, also known as a software, is fairing in the Solana ecosystem.
By Margaux Nijkerk 5/16/2026, 3:00:00 PM
Why the crypto market crashed today and dragged Bitcoin below $78k
The crypto market lost $90B in an hour as PPI hit 6%, BlackRock's IBIT shed $136M, and 154,000 traders were liquidated in 24 hours.
By Peace Longe 5/16/2026, 2:49:31 PM
UAE asserts OPEC exit was sovereign strategic decision, not political move
The UAE's OPEC exit underscores a shift towards national energy autonomy, potentially weakening OPEC's market influence and cohesion. The post UAE asserts OPEC exit was sovereign strategic decision, not political move appeared first on Crypto Briefing.
By Editorial Team 5/16/2026, 2:45:53 PM
Drake Drops 43 Songs and Calls Himself a ‘BTC Crypto Big-Timer’ on New Track ‘Dust’
Rap star and hip-hop veteran Drake dropped three surprise solo albums on May 15, 2026, totaling 43 tracks, and buried the crypto world’s most talked-about verse inside a single boastful cut called “Dust.” Drake Releases Triple Album in May 2026 and Plants Bitcoin, FTX Shoutout on Iceman Cut The three projects, “Iceman,” “Habibti,” and “Maid […]
By Jamie Redman 5/16/2026, 2:30:23 PM
Rising yields threaten to derail tech and AI stock rally
Rising yields could destabilize tech and AI stocks, potentially triggering broader market corrections and impacting risk asset sentiment globally. The post Rising yields threaten to derail tech and AI stock rally appeared first on Crypto Briefing.
By Editorial Team 5/16/2026, 2:22:48 PM
Trump concludes summit in China, achieving stability but no progress
The summit's lack of progress underscores persistent US-China tensions, with potential market volatility hinging on future trade truce renewals. The post Trump concludes summit in China, achieving stability but no progress appeared first on Crypto Briefing.
By Editorial Team 5/16/2026, 2:20:26 PM
Corporate Ethereum reserves reach $16B as companies stockpile 7.3M ETH
Corporate Ethereum accumulation signals a shift towards digital assets as strategic reserves, potentially tightening supply and boosting demand. The post Corporate Ethereum reserves reach $16B as companies stockpile 7.3M ETH appeared first on Crypto Briefing.
By Editorial Team 5/16/2026, 2:20:23 PM
OpenAI partners with Malta to give all citizens free ChatGPT Plus access
In a world-first deal, OpenAI and Malta will give all citizens free ChatGPT Plus for a year after they complete a government-backed AI literacy course.
By Amin Haqshanas 5/16/2026, 2:12:55 PM
Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
By Cointelegraph 5/16/2026, 2:12:49 PM
Hezbollah drone strike on Israeli tank signals escalating conflict
Hezbollah's actions heighten regional instability, reducing prospects for peace and complicating diplomatic efforts for conflict resolution. The post Hezbollah drone strike on Israeli tank signals escalating conflict appeared first on Crypto Briefing.
By Estefano Gomez 5/16/2026, 2:10:56 PM
Financial Firm Hit by Major Cybersecurity Incident, Data of 123,158 Americans Potentially Exposed
The personal information of 123,158 people may have been exposed after a financial services firm suffered a ransomware-related cybersecurity incident. According to new data from the Maine Attorney General, the American Lending Center reported an external system breach affecting 123,158 individuals, including 120 Maine residents. The Irvine,...
By Mehron Rokhy 5/16/2026, 2:05:11 PM
Bitcoin ETF flows reverse as US funds shed $1B amid inflation fears
US-listed Bitcoin ETF flows have suffered their most severe weekly capital flight since the end of January, with investors pulling exactly $1 billion from the products. The primary catalyst for the sudden institutional risk aversion appears to be the shifting US economic backdrop. CryptoSlate's data show that rising inflation concerns, alongside...
By Oluwapelumi Adejumo 5/16/2026, 2:00:52 PM
Crypto users are choosing juicy yields over protection, putting billions at risk of hacks
DeFi insurance protocols debuted with huge ambitions during the 2020 crypto boom. But as hacks evolved and users chased yields over protection, most of the sector collapsed under the same risks it was built to cover.
By Omkar Godbole 5/16/2026, 2:00:00 PM