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blockonomi.com Poland Approves MiCA Law While Zondacrypto Probe Grows

TLDR Polish lawmakers approved a bill to implement the European Union’s MiCA crypto framework before the July deadline. Prosecutors are investigating Zondacrypto over alleged fraud after thousands of users reported losing access to funds. Authorities estimate customer losses exceed 350 million zlotys, or about $95.93 million. President Karol Nawrocki had previously vetoed earlier versions of [...] The post Poland Approves MiCA Law While Zondacrypto Probe Grows appeared first on Blockonomi.

forklog.media Dune Restructures, Cutting Workforce by 25%

The analytics service Dune has announced a restructuring, resulting in a 25% reduction of its workforce. The company's head, Fredrik Haga, explained the decision as a need to focus on key products. We’re restructuring Dune to sharpen our focus around the core data products thousands of customers across the crypto industry rely on. That unfortunately means we’ve let 25% of the team go this week. These are exceptional people I can wholeheartedly recommend — ping me if you’re…— hagaetc (@hagaetc) May 14, 2026 According to him, the platform will focus on two areas: the integration of AI and working with institutional clients. Dune has introduced Dune MCP, a tool for creating dashboards and configuring workflows without SQL knowledge or data infrastructure skills. The company also plans to develop services for traditional financial organizations. Dune anticipates a mass transition of stocks, bonds, and commodities to blockchain and is investing in data quality and personalized service for large clients. Haga emphasized that the company retains sufficient capital and continues to work on the accessibility of on-chain data, despite the layoffs. The project has previously weathered several downturns in the crypto market. Coinbase and fintech company Block have also announced layoffs due to AI integration. The DL News magazine, founded by the DefiLlama team, will close at the end of May. In February, OpenAI CEO Sam Altman stated that some companies use artificial intelligence as a pretext for layoffs. In April, the Snap team announced the replacement of 1,000 employees with neural networks to save $500 million.

blockonomi.com ZachXBT Confirms THORChain Drained for $10.7M Across Bitcoin, Ethereum, BSC, and Base

TLDR: Blockchain investigator ZachXBT confirmed THORChain losses exceeded $10.7M across four networks. The exploit targeted Bitcoin, Ethereum, BSC, and Base chains within the same attack window. THORChain triggered a global emergency halt and paused all trading following the community alert. Three theft wallet addresses were publicly identified, with Arkham Intelligence supporting the findings. Blockchain investigator [...] The post ZachXBT Confirms THORChain Drained for $10.7M Across Bitcoin, Ethereum, BSC, and Base appeared first on Blockonomi.

blockonomi.com THORChain Hack Triggers 15% Slide in RUNE Price

TLDR RUNE dropped about 15% after reports linked a new security breach to THORChain. On-chain investigator ZachXBT disclosed the suspected hack on Telegram. The attack reportedly drained around $10.8 million across four blockchains. THORChain paused trading and signing operations after the breach surfaced. Arkham data shows the attacker holds ETH, BTC, and BNB in identified [...] The post THORChain Hack Triggers 15% Slide in RUNE Price appeared first on Blockonomi.

blockonomi.com Victims of Iran Attacks Seek Court Order for Turnover of $344 Million in USDT Frozen by Tether

TLDR: Terrorism victims filed a Manhattan court motion targeting 344 million USDT frozen in IRGC-linked wallets. Plaintiffs cite past FBI seizure cases where Tether burned and reissued USDT to law enforcement wallets. Creditors seek to enforce $2.42 billion in compensatory and punitive terrorism judgments against Iran. Jurisdiction over Tether rests on its New York-based reserves [...] The post Victims of Iran Attacks Seek Court Order for Turnover of $344 Million in USDT Frozen by Tether appeared first on Blockonomi.

blockonomi.com ChangeNOW Review: Behind the Scenes of the Fastest Crypto Exchange in 2026

The cryptocurrency scene has quickly grown from an abstract concept of digital money to a trillion-dollar ecosystem that is a necessary component of daily living. The challenge now is not how to purchase cryptocurrency, but rather how to do so safely and cost effectively. In this review, we will examine the fundamentals of the non-custodial [...] The post ChangeNOW Review: Behind the Scenes of the Fastest Crypto Exchange in 2026 appeared first on Blockonomi.

news.bitcoin.com Saylor’s Infinite Money Glitch? STRC Preferred Stock Smashes $1.53B Volume Record

Michael Saylor’s Strategy reported an all-time high trading volume of $1.53 billion for its STRC preferred stock, with the instrument closing at its $100 par value and logging just two cents of price movement. The Record and What It Means STRC, Strategy’s variable rate perpetual preferred stock, hit $1.53 billion in daily volume with Saylor […]

blockonomi.com Babylon Crosses $4B TVL as Trustless Bitcoin Staking Gains Ground in DeFi

TLDR: Babylon Bitcoin staking protocol reached $4 billion in TVL just one year after its official launch. Bitcoin stays locked on its native UTXO chain, keeping assets verifiable without bridging or wrapping. On-chain ZK verification costs dropped from $15,000 to $10–$20, making Bitcoin DeFi far more practical. Babylon plans to integrate with Aave V4, allowing [...] The post Babylon Crosses $4B TVL as Trustless Bitcoin Staking Gains Ground in DeFi appeared first on Blockonomi.

cryptopotato.com Crypto Price Analysis May-15: ETH, XRP, ADA, BNB, and HYPE

This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum has been hovering just below the $2,400 resistance for over four weeks. With bulls unable to break this level, the price has entered a correction. At the time of this post, ETH is found at around $2,270 and […]

blockonomi.com BNB Chain Maps Out Post-Quantum Cryptography Migration Path for BNB Smart Chain

TLDR: BSC transaction signatures shift from ECDSA to ML-DSA-44, growing from 65 bytes to 2,420 bytes per transaction. pqSTARK aggregation compresses six validator signatures into 340 bytes, achieving a near 43:1 compression ratio. Native transfer throughput drops by 40% and gas throughput falls 50% due to larger post-quantum block sizes. Median finality holds steady at [...] The post BNB Chain Maps Out Post-Quantum Cryptography Migration Path for BNB Smart Chain appeared first on Blockonomi.

bitcoinist.com Bitcoin Bear Market Would Be Record Shallow If $60,000 Was The Low: Glassnode

Glassnode has pointed out how this Bitcoin bear market has so far seen a peak Unrealized Loss significantly lower than previous cycles. Bitcoin Relative Unrealized Loss Has Dropped To Just 8% In its latest report, on-chain analytics firm Glassnode has discussed the latest trend in the Relative Unrealized Loss of Bitcoin. This indicator keeps track […]

news.bitcoin.com HYPE Jumps 17% After Hyperliquid Grants Coinbase Rights to USDH Assets

HYPE, reached a yearly high of $46.93, soaring 17% in 24 hours following news that Coinbase will stake HYPE to activate AQAv2. The Shift to USDC Integration HYPE, the utility token of the decentralized exchange and layer 1 protocol Hyperliquid, surged to $46.93 on Friday, its highest point this year. The rally followed an announcement […]

blockonomi.com Hana Bank Acquires $670 Million Stake in Dunamu, Becomes Upbit’s Fourth-Largest Shareholder

TLDR: Hana Bank filed to acquire 2.28 million Dunamu shares for 1.003 trillion won, closing on June 15, 2026. The deal marks the largest-ever investment by a Korean bank into a digital asset company to date. Upbit holds over 80% of South Korea’s crypto trading volume and ranks third globally on CoinMarketCap. Korea’s Digital Asset [...] The post Hana Bank Acquires $670 Million Stake in Dunamu, Becomes Upbit’s Fourth-Largest Shareholder appeared first on Blockonomi.

news.bitcoin.com Warren Says the CLARITY Act Will ‘Blow Up the Economy’ as Senate Panel Votes 15-9 to Advance Bill

Senator Elizabeth Warren launched a sweeping attack on the U.S. digital asset market structure bill during a Senate Banking Committee hearing on May 14, calling it an economic threat. The committee still voted 15-9 to advance the bill to the full Senate floor. Warren’s 44 Amendments and Three Core Objections Warren arrived at the May […]

forklog.media JPMorgan Predicts Ethereum Will Lag Behind Bitcoin

The market's rise following the recent escalation of conflict in the Middle East has not altered the overall trend: Bitcoin continues to outpace Ethereum and other altcoins. This conclusion was reached by analysts at JPMorgan, reports The Block. According to the bank, digital gold is recovering more swiftly—both in the spot ETF segment and in the futures market. Institutional investors are more actively returning to the leading cryptocurrency: inflows into Bitcoin funds have compensated for two-thirds of the recent outflows, whereas Ethereum ETFs have only managed a third. Open positions on the CME for Bitcoin have returned to peak levels, while interest in Ether remains low. Experts doubt that the hard forks Glamsterdam and Hegota planned for this year will rectify the situation. Previous network updates over the past three years have not resulted in a noticeable increase in activity—on the contrary, they have reduced transaction costs in L2 solutions, which decreased the volume of burned fees and increased the supply of coins. This has exerted additional pressure on Ether's price. Analysts attribute the weakness in the altcoin market since 2023 to three factors: low liquidity and insufficient market depth; stagnation in the decentralized finance sector; regular hacks and security issues. These factors have undermined investor confidence and are restraining the influx of new capital into the alternative cryptocurrency ecosystem. The situation is unlikely to change without a sharp increase in activity in real-sector applications and DeFi, JPMorgan concluded. Back in May 11, digital gold prices tested $82,000, yet traders continued to exercise caution.

bitcoinist.com OKX Eyes A 20% Stake In South Korean Exchange — Here’s What It Signals For The Region

Global crypto exchange OKX is in discussions to acquire approximately a 20% stake in Coinone, one of South Korea’s five licensed crypto exchanges, according to a May 15 report by Yonhap News Agency — a move that would mark OKX’s most significant strategic foothold in one of Asia’s most active digital asset markets. Related Reading: […]

bitcoinist.com Bank Of England To Ease ‘Overly Conservative’ Stablecoin Rules After Industry Backlash – Report

The Bank of England (BoE) is set to water down its planned stablecoin rules and is exploring alternative solutions to mitigate potential risks, following pressure from the local crypto industry and multiple lawmakers about the proposed restrictions. Related Reading: Brokerage Giant Charles Schwab Rolls Out Spot Crypto Trading To Retail Investors BoE Calls Stablecoin Plans […]

blockonomi.com Illicit Crypto Hits $75B On-Chain as Laundering Bottlenecks Grow, Binance Research Reveals

TLDR: Illicit crypto transactions remain below 1% of total on-chain volume, per Binance Research 2025 data. On-chain illicit funds rose 28% to over $75B in 2025, reflecting laundering failures, not successes. Top crypto mixers process just $10M daily, making $1B in stolen funds take 100+ days to obscure.  Over 80% of illicit funds moved to [...] The post Illicit Crypto Hits $75B On-Chain as Laundering Bottlenecks Grow, Binance Research Reveals appeared first on Blockonomi.

news.bitcoin.com Miner Weekly – The Great Bitcoin Mining Power Shift: Who Won Q1?

Public Bitcoin miners spent years racing to add more hashrate to the network. In the first quarter of 2026, many of them did the opposite. This article first appeared in Miner Weekly, a weekly newsletter by Blocksbridge Consulting curating the latest news in energy, compute, infrastructure, and data analysis from The Energy Mag. The original […]

blockonomi.com Trump Family’s Q1 2026 Stock Portfolio Includes Coinbase (COIN), Strategy (MSTR), and MARA Holdings

Trump family Q1 2026 ethics filing shows purchases of Coinbase (COIN), Strategy (MSTR), and MARA Holdings shares among over 2,000 total transactions. The post Trump Family’s Q1 2026 Stock Portfolio Includes Coinbase (COIN), Strategy (MSTR), and MARA Holdings appeared first on Blockonomi.

blockonomi.com Aave Unpauses rsETH Markets After Coordinated $292 Million Kelp DAO Recovery

TLDR: An attacker minted 116,500 unbacked rsETH tokens worth $292M by exploiting Kelp DAO’s LayerZero bridge in April. Aave paused rsETH markets on five networks to prevent further losses while the DeFi United coalition executed recovery. Over 117,000 rsETH tokens valued at $278M will refill recovery reserves in stages through the end of May 2025. [...] The post Aave Unpauses rsETH Markets After Coordinated $292 Million Kelp DAO Recovery appeared first on Blockonomi.

news.bitcoin.com Bitcoin Reclaims $81,000 Briefly After Trump Wraps Beijing Summit With China Trade Extension

Bitcoin dipped to $79,200 during the Trump-Xi summit on Taiwan tensions and a scorching inflation print before recovering to reclaim $81,000 as U.S. President Donald Trump wrapped his Beijing visit. A Summit Between the World’s Two Largest Economies Trump arrived in Beijing accompanied by a delegation of U.S. executives, including Tesla’s Elon Musk, Apple’s Tim […]

bitcoinist.com Law Firm Behind FTX Legal Work Now Facing $525M Suit

A court-appointed bankruptcy examiner found that Fenwick & West was “deeply intertwined in nearly every aspect of FTX Group’s wrongdoing” — and now that finding sits at the heart of a $525 million federal lawsuit filed against the Silicon Valley law firm. Related Reading: Crypto Superapp Legend Announces Shutdown As Industry Shakeout Continues Shell Companies […]

forklog.media CLARITY Act Clears Key Senate Vote

The U.S. Senate Banking Committee approved the CLARITY Act with a vote of 15 to 9. The bill proposes comprehensive federal regulation of the cryptocurrency market and delineates the powers between the SEC and the CFTC. The future of the bill remains uncertain. Democrats demand revisions to address illegal financing and to add restrictions to prevent potential conflicts of interest among politicians. Senators Ruben Gallego and Angela Alsobrooks indicated that committee approval does not guarantee their support in a full Senate vote. Analysts at TD Cowen, led by Jaret Seiberg, anticipated the approval but doubted the initiative's further success. "Committee recognition does not mean the bill will pass the entire Senate. Democrats may support the bill but vote against it in the full session if their amendments are not considered," said Seiberg. Provisions regarding stablecoins sparked particular debate. Banks opposed the language allowing crypto companies to reward users for holding such assets. Before the vote, lawmakers considered a compromise: it permits rewards for certain actions with "stablecoins" but prohibits interest income for passive holding. Committee Chairman Tim Scott allowed for a late compromise on contentious points but rejected several other Democratic amendments. The bill will undergo further consideration in the Senate. Afterward, lawmakers must reconcile the final version with the House of Representatives before sending it to the President for signing. Prior to the vote, the CLARITY Act received over 100 comments—40 of which were prepared by Senator Elizabeth Warren. Notably, she proposed prohibiting the Federal Reserve from opening master accounts for crypto companies.

news.bitcoin.com US and Bolivia Target the ‘Modern Pablo Escobar’ in Massive Crypto Laundering Probe

Bolivia’s anti-drug czar, Ernesto Justiniano, and the director of the Bolivian Special Anti-Narcotics Force (FELCN), Frans William Cabrera Quispe, met with DEA officials to organize collaboration efforts. The focus of this action would be to probe the cryptocurrency money laundering networks of Sebastian Marset. Bolivian Officials Meet With US DEA to Tackle Drug-Linked Crypto Money […]

cryptobriefing.com Quantum Computing revenue surges 9,000% to $3.6M in Q1 2026, but the fine print tells a different story

QCI's revenue surge masks underlying financial challenges, highlighting the need for sustainable growth and efficient expense management. The post Quantum Computing revenue surges 9,000% to $3.6M in Q1 2026, but the fine print tells a different story appeared first on Crypto Briefing.