Sunday, May 17, 2026

Yet another crypto bridge falls victim to an $11 million hack

The latest attack adds to growing string of cross-chain infrastructure exploits.

source https://www.coindesk.com/markets/2026/05/18/yet-another-crypto-bridge-falls-victim-to-an-usd11-million-hack

Bitcoin slides under $77,000 as oil shock and Treasury yields hit risk assets

Long-term holders are still sitting tight and exchange balances remain near six-year lows, Binance Research data shows, but underwater short-term holders leave BTC vulnerable to macro shocks.

source https://www.coindesk.com/markets/2026/05/18/bitcoin-slides-under-usd77-000-as-oil-shock-and-treasury-yields-hit-risk-assets

The Clarity Act took a step forward: State of Crypto

Unpacking Thursday's at-times contentious markup hearing.

source https://www.coindesk.com/policy/2026/05/17/the-clarity-act-took-a-step-forward-state-of-crypto

Japan's SBI Securities, Rakuten Securities plan to offer crypto investment trusts

Another 11 companies responded to a survey saying they would consider offering crypto funds once the regulatory environment becomes clear.

source https://www.coindesk.com/business/2026/05/17/japan-s-sbi-securities-rakuten-securities-plan-to-offer-crypto-investment-trusts

A Russian stablecoin built to dodge sanctions says it can survive even if they're lifted

A7A5, the Russia-linked stablecoin built to move money around banking restrictions, says faster trade settlement, yield and regional crypto infrastructure could keep it relevant even if geopolitical tensions ease.

source https://www.coindesk.com/policy/2026/05/24/a-russian-stablecoin-built-to-dodge-sanctions-says-it-can-survive-even-if-they-re-lifted

Hyperliquid's USDC deal could supercharge HYPE, pressure Circle, Coinbase margins, analysts say

The revenue share deal could shift an estimated $160 million in revenue from Coinbase and Circle into Hyperliquid's ecosystem, Compass P...