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THORChain acknowledged a hack that caused about $10 million in losses and has started a compensation process for affected users. The THORChain Foundation said in a post on its official social media account on May 16 that it had opened a recovery port
President Donald Trump may soon decide whether to take military action against Iran, according to Israel’s Channel 12. The Israeli government is also preparing for the possibility of armed conflict, the report said. Channel 12 reported on May 16, cit
Dogecoin is moving beyond its reliance on Tesla Chief Executive Officer Elon Musk and entering a new phase of independent ecosystem growth, according to Jordan Jefferson, founder and CEO of DogeOS. In an interview with The Block on May 15, Jefferson
IRYS surged in intraday trading. As of 8:50 p.m. on May 15, IRYS was trading at 141 won on Upbit, up 36.89% from the previous day. The jump was attributed to stronger investor sentiment following news of its listing on Upbit.
Victims of Iran-linked terrorism and their families have sued Tether in U.S. court, seeking the return of about $344 million in frozen assets. The Block reported on May 15 that the plaintiffs asked the U.S. District Court for the Southern District of
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BDACS, a digital-asset infrastructure company, said May 13 that it signed a memorandum of understanding with layer-1 blockchain platform Aptos to expand the ecosystem for KRW1, a Korean won-linked stablecoin, and cooperate on related infrastructure.
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US April CPI rises 3.8%, highest since May 2023 US stocks ended mixed on May 12 as stronger-than-expected inflation data rattled investors. Oil prices also climbed as tensions between the US and Iran intensified. The Dow Jones Industrial Average rose
Binance has recorded large Ether withdrawals so far in May, prompting speculation that some investors are shifting to long-term holdings. Crypto analyst Arab Chain wrote in a CryptoQuant post on May 12 that Binance has seen net outflows of more than
U.S. consumer prices rose more than expected in April. The Bureau of Labor Statistics, part of the Labor Department, said May 12 that the consumer price index increased 3.8% from a year earlier. That topped the market forecast of 3.7%. The previous r
peaq, a blockchain focused on decentralized physical infrastructure networks, said it has integrated peaqOS with LG Electronics’ robot simulation environment. The project described the move as a test of an on-chain economic model in which robots prov
Kyobo Life Insurance has set up a dedicated digital-asset unit and begun mapping out related businesses, as it moves to get ahead of digital-asset legislation with blockchain-based ventures including tokenized securities, or STOs, and real-world asse
The U.S. Senate has formally confirmed Kevin Warsh to the Federal Reserve Board, bringing a potential leadership change at the central bank closer to reality. According to foreign media reports on May 12, the Senate approved Warsh’s appointment as a
Iran warned it could raise uranium enrichment to 90%, a weapons-grade level, if it comes under attack again. The issue of Tehran’s right to enrich uranium is emerging as a central sticking point in negotiations with the US. BlockBeats, a cryptocurren
Layer-1 blockchain Sui has surged nearly 50% over the past week, drawing renewed attention from the market. Cointelegraph reported on May 11 that Sui rose from about $0.94 on May 4 to as high as $1.41 during intraday trading on May 11. Trading volume
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President Donald Trump said Iran's hard-liners will eventually enter negotiations. He also expressed dissatisfaction with Tehran's demand for compensation for war damage. Walter Bloomberg, an overseas breaking-news account, reported on May 11 that Tr
President Donald Trump said Iran’s hard-liners will eventually come to the negotiating table. He also voiced displeasure with Tehran’s demand for compensation for war damage. Walter Bloomberg reported on May 11 that Trump told Fox News “Iran’s hard-l
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Rwanda’s central bank has reaffirmed that cryptocurrency payments and trading remain illegal. Cointelegraph reported on May 6 that the National Bank of Rwanda said through its official channels that, under the current regulatory framework, crypto ass
The National Bank of Rwanda has reiterated that crypto-asset payments and trading remain illegal under the country’s current regulatory framework. Cointelegraph reported on May 6 that the central bank, through its official channels, said crypto asset
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BitMine, an Ethereum treasury company, has slowed the pace of its Ether purchases but is maintaining its goal of holding 5% of the token’s supply by year-end. Cointelegraph reported on May 12 that BitMine bought an additional 26,659 ETH last week, do
A revised draft of the CLARITY Act, a U.S. cryptocurrency market structure bill, is set to be released soon. On May 11, Eleanor Terrett, host of CryptoAmerica, wrote on X that the crypto industry is watching for Republicans on the U.S. Senate Banking
Tether, the issuer of the fiat-backed stablecoin USDT, said on May 1 that its first-quarter net profit exceeded $1 billion. According to Tether’s attestation report for the first quarter of 2026, the company posted about $1.04 billion in net profit.
Dunamu said May 4 that its Web3 infrastructure project GIWA will participate in Consensus 2026, a global blockchain conference in Miami. Consensus brings together blockchain developers, investors and policy officials from around the world. This year'
Dunamu's Web3 infrastructure project GIWA will participate in Consensus 2026, a global blockchain conference taking place in Miami, the company said on May 4. Consensus brings together blockchain developers, investors and policy officials from around
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