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
Virtuals Protocol introduces EconomyOS for managing AI agents’ inboxes and commerce functions
EconomyOS empowers AI agents to autonomously engage in commerce, bridging Web2 and Web3, potentially transforming digital economies. The post Virtuals Protocol introduces EconomyOS for managing AI agents’ inboxes and commerce functions appeared first on Crypto Briefing.
By Editorial Team 5/16/2026, 1:56:22 PM
Roundhill Memory ETF attracts $200M in retail cash in record time amid AI trade surge
The rapid retail investment in DRAM highlights growing confidence in AI-driven memory demand but poses risks due to market cyclicality and concentration. The post Roundhill Memory ETF attracts $200M in retail cash in record time amid AI trade surge appeared first on Crypto Briefing.
By Editorial Team 5/16/2026, 1:56:16 PM
Bitcoin Slides to $77,614 as US and Israel Weigh New Strikes on Iran
Bitcoin fell below $78,000 (hitting a session low of $77,614), a drop that erased its monthly gains and shaved over $40 billion off its market cap. Bitcoin Slips Below $78,000 as Geopolitical Tensions Rise Bitcoin dipped below $78,000 Saturday morning amid fears that the U.S. and Israel are about to resume bombing Iranian facilities. Bitstamp […]
By Terence Zimwara 5/16/2026, 1:45:47 PM
Monero (XMR) Price Predictions 2026, 2027, 2028, 2030, 2040
Monero has remained one of the most distinctive cryptocurrencies in the market because of its strong focus on privacy, anonymity, and decentralized payments. While many digital assets shifted toward smart contracts, meme narratives, or institutional tokenization, Monero continued building around financial privacy and information censorship. Visit...
By Elendu Benedict 5/16/2026, 1:37:13 PM
XRP’s Next Bullish Wave Depends on These Crucial Price Levels: Analyst
XRP tried to escape consolidation once again but a familiar resistance was too strong.
By Jordan Lyanchev 5/16/2026, 1:35:52 PM
CLARITY Act clears Senate Banking Committee with bipartisan support
The CLARITY Act's progress signals a pivotal shift towards clearer crypto regulation, potentially enhancing market stability and investor confidence. The post CLARITY Act clears Senate Banking Committee with bipartisan support appeared first on Crypto Briefing.
By Editorial Team 5/16/2026, 1:32:26 PM
KelpDAO hack highlights DeFi’s shift from coding flaws to operational risks
The KelpDAO hack underscores the need for DeFi to prioritize operational security and decentralized verification to mitigate systemic risks. The post KelpDAO hack highlights DeFi’s shift from coding flaws to operational risks appeared first on Crypto Briefing.
By Editorial Team 5/16/2026, 1:30:35 PM
US Army helicopter monitors ships amid Strait of Hormuz blockade enforcement
Heightened enforcement in the Strait of Hormuz exacerbates regional tensions, disrupts global shipping, and complicates diplomatic resolutions. The post US Army helicopter monitors ships amid Strait of Hormuz blockade enforcement appeared first on Crypto Briefing.
By Estefano Gomez 5/16/2026, 1:29:36 PM
Arthur Hayes Tells CME and ICE Off as HYPE Drops Nearly 9% After Lobbying Push
Legacy exchange operators CME Group and ICE are reportedly lobbying U.S. authorities to force federal oversight onto Hyperliquid. The crypto community and the Hyperliquid Policy Center fiercely rejected the claims, arguing that public blockchain ledgers offer total transparency. Legacy Exchanges Raise National Security Alarms In what is shaping up...
By Terence Zimwara 5/16/2026, 1:10:08 PM
SpaceX and Blue Origin plan to build orbital data centers powered by solar energy
Space-based data centers could revolutionize AI computing but face challenges like radiation, latency, maintenance, and increased space debris. The post SpaceX and Blue Origin plan to build orbital data centers powered by solar energy appeared first on Crypto Briefing.
By Editorial Team 5/16/2026, 1:07:25 PM
SUI Network Sees Whale Accumulation Ahead of Gasless Upgrade
The post SUI Network Sees Whale Accumulation Ahead of Gasless Upgrade appeared first on Coinpedia Fintech News SUI Network is starting to look like one of those projects whales accumulate quietly while retail traders argue over candles on social media. According to CryptoQuant data, large-volume buyers have been aggressively absorbing SUI in the...
By Yash Jain 5/16/2026, 1:06:00 PM
CEO of Publicly Traded Firm Falsifies and Fabricates Bank Records in $212,000,000 Investment Fraud Scheme: DOJ
The former CEO of a publicly traded healthcare services company has been sentenced to five years in prison for his role in a $212.5 million investment fraud scheme. The U.S. Department of Justice (DOJ) says Parmjit Parmar, also known as Paul Parmar, pleaded guilty to conspiracy to commit securities fraud and was sentenced on May […] The post CEO...
By Mehron Rokhy 5/16/2026, 1:05:44 PM
Anthropic prioritizes speed to market over compute costs, says analyst
Anthropic's strategy may accelerate AI adoption in regulated sectors, influencing market dynamics and boosting decentralized compute solutions. The post Anthropic prioritizes speed to market over compute costs, says analyst appeared first on Crypto Briefing.
By Editorial Team 5/16/2026, 1:05:27 PM
Hedera (HBAR) Price Prediction 2026, 2027 – 2030: Will HBAR Price Hit $1?
The post Hedera (HBAR) Price Prediction 2026, 2027 – 2030: Will HBAR Price Hit $1? appeared first on Coinpedia Fintech News Story Highlights The live price of Hedera crypto is . HBAR price prediction for 2026 suggests potential highs of $1.05 Long term forecasts indicate HBAR could reach $2.20 by 2030. Hedera has been making waves in the...
By Shubham Vishwakarma 5/16/2026, 1:02:56 PM
XRP Price Could Return To $1.55 But Only If This Crucial Support Holds
XRP is experiencing a significant price retracement after being rejected at $1.55. So far in May, the altcoin’s price movement has been unstable, with each gain followed by a prominent dip, yet it has formed an ascending trendline. XRP finds itself in a similar situation as prices have corrected by over 7% in the past three days. Notably, the...
By Semilore Faleti 5/16/2026, 1:00:25 PM
The $293 million KelpDAO hack shows why DeFi is finally being forced to grow up
For protocol founders and security researchers, the incident reinforced a broader shift underway across crypto: DeFi is no longer primarily battling coding bugs. It’s battling complexity.
By Margaux Nijkerk 5/16/2026, 1:00:00 PM
XRP's Best ETF Week: First-Ever $60 Million Inflows Bagged in 2026
XRP has just achieved the biggest weekly inflow of the year after seeing a large intake of fresh capital on nearly all days of the week.
By Caroline Amosun 5/16/2026, 12:57:14 PM
China and US agree to slash tariffs for 90 days, dropping levies from 145% to 30%
The temporary tariff reduction may ease trade tensions, fostering potential long-term negotiations and impacting global tech supply chains. The post China and US agree to slash tariffs for 90 days, dropping levies from 145% to 30% appeared first on Crypto Briefing.
By Editorial Team 5/16/2026, 12:43:01 PM
Why Did Pi Network’s (PI) Price Crash to a 3-Month Low Today?
PI is out of the top 50 alts by market cap again.
By Jordan Lyanchev 5/16/2026, 12:40:17 PM
Israeli coalition calls for early elections amid conscription dispute
Political instability may lead to shifts in leadership and policy direction, impacting Israel's domestic and international relations. The post Israeli coalition calls for early elections amid conscription dispute appeared first on Crypto Briefing.
By Estefano Gomez 5/16/2026, 12:37:45 PM
Ray Dalio warns US is losing credibility as China gains power
Dalio's warning highlights the urgent need for strategic diplomacy to prevent global instability as power dynamics shift between the US and China. The post Ray Dalio warns US is losing credibility as China gains power appeared first on Crypto Briefing.
By Editorial Team 5/16/2026, 12:19:01 PM
Why Is Bittensor (TAO) Price Crashing Today?
The post Why Is Bittensor (TAO) Price Crashing Today? appeared first on Coinpedia Fintech News Bittensor (TAO) price crashed nearly 10% today after reports surrounding Covenant AI’s exit sparked fresh uncertainty and accelerated profit-taking. The move erased a large portion of recent gains, dragging TAO from $330 toward the critical $270 support...
By Shubham Vishwakarma 5/16/2026, 12:16:44 PM
Ripple less than two weeks away from dumping 1 billion XRP onto the market
Ripple is approaching its next scheduled XRP escrow unlock, with 1 billion tokens set to be released on June 1 … Continue reading The post Ripple less than two weeks away from dumping 1 billion XRP onto the market appeared first on Finbold.
By Paul L. 5/16/2026, 12:09:48 PM
Top Non-Custodial Crypto Wallets of May 2026: IronWallet vs Trust Wallet vs Phantom
IronWallet vs Trust Wallet vs Phantom in May 2026: privacy, chain coverage, gasless stablecoin transfers, and what's new in the top non-custodial wallets this year.
By Crypto Daily 5/16/2026, 12:02:36 PM
Why Did the Crypto Market Crash Today?
The post Why Did the Crypto Market Crash Today? appeared first on Coinpedia Fintech News In just the past hour, the crypto market lost nearly $90.3 billion in value, with the total market cap falling 3.37% to around $2.59 trillion. Bitcoin, the world’s largest cryptocurrency, dropped to nearly $77,678, while Ethereum, XRP, Solana, and Dogecoin...
By Rizwan Ansari 5/16/2026, 12:01:39 PM
Ripple Conducts Over 32 Million RLUSD Burn on Ethereum
Ripple has completed a total burn of 32,075,051 RLUSD tokens on the Ethereum blockchain, over the last 24 hours, potentially boosting its demand in the market.
By Caroline Amosun 5/16/2026, 11:47:13 AM
Cardano Holds Long-Term Support as Whales Control 67% of ADA Supply, Hinting at Bigger Move Ahead
Cardano (ADA) is currently showing a structure that has traders watching closely. Community figure Evans noted that ADA is still holding the same key support zone it defended during the previous bear market cycle. Visit Website
By Abdulkarim Abdulwahab 5/16/2026, 11:31:14 AM
LAB Price Rebounds Hard After 60% Crash as Mobile App Launch Fuels Speculation
The post LAB Price Rebounds Hard After 60% Crash as Mobile App Launch Fuels Speculation appeared first on Coinpedia Fintech News LAB isn’t quietly trading anymore. The token just delivered one of those classic crypto whiplash moves traders pretend to hate but secretly live for. After exploding toward an all-time high of $7.49 on May 11, LAB/USDT...
By Yash Jain 5/16/2026, 11:30:46 AM
Hana Bank Buys 6.55% of Upbit Parent Dunamu in $670M Crypto Push
Hana Bank has acquired a 6.55% stake in Dunamu, the operator of South Korea’s largest crypto exchange, Upbit. The deal marks one of the clearest signs yet that major Korean banks are moving deeper into digital assets. Kakao Sells $670M Dunamu Stake to Hana Bank Hana Bank has agreed to acquire a significant stake in […]
By Emmanuel Musa 5/16/2026, 11:30:19 AM