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news.bitcoin.com Bitcoin’s 2028 Halving Countdown Begins as Fewer Than 100,000 Blocks Remain

Bitcoin’s fourth halving is now well in the rearview mirror as fewer than 100,000 blocks remain. The network is entering the final stretch before the next reward cut, expected around April 2028. The Clock Is Ticking on Block 1,050,000 Live data shows fewer than 100,034 blocks remain between today and Bitcoin’s next halving, pegged at […]

forklog.media Echo Protocol Suffers $816,000 Hack

The Bitcoin-focused DeFi protocol Echo has halted cross-chain operations following an attack on the bridge within the Monad network. The incident was triggered by the unauthorized issuance of 1,000 eBTC liquidity tokens. gm @EchoProtocol_ may be hacked on @monad Someone minted 1k ebtc out of nowhere, max borrowed wbtc against it on @Curvance, bridged, and tornado away— DCF GOD (@dcfgod) May 18, 2026 The BTCFi platform team confirmed that the incident was caused by the compromise of an administrative key within the Monad network. The actual damage amounted to approximately $816,000. Earlier today, Echo Protocol identified unauthorized activity involving eBTC on Monad that resulted in unauthorized minting and associated fund loss.Our investigation indicates the issue originated from a compromised admin key affecting the Monad deployment. Based on current…— Echo Protocol (@EchoProtocol_) May 19, 2026 “Monad was not affected and continues to operate normally,” representatives of the protocol stated. By the time of writing, developers had regained control over the administrative key and burned 955 eBTC that remained in the hacker's wallet.  According to analysts at Onchain Lens, the attacker initially deposited 45 eBTC as collateral in the lending protocol Curvance to borrow approximately 11.29 WBTC. Exploit Alert 🚨According to @dcfgod, @EchoProtocol_ on @monad has been exploited.The attacker reportedly minted 1,000 $eBTC worth $76.7M and used a previously tested exploit flow to extract funds through Curvance.So far, the exploiter has:• Deposited 45 $eBTC ($3.45M)… pic.twitter.com/933n9bbq3X— Onchain Lens (@OnchainLens) May 18, 2026 The hacker transferred the obtained funds to the Ethereum network, exchanged them for ETH, and withdrew through the mixer Tornado Cash.  Monad founder Keone Hon clarified that the network's core infrastructure was not affected: “The issue is solely related to the application and the bridge.” Curvance representatives stated that the isolated architecture of their markets prevented the attack from spreading to other assets. As a precaution, the protocol has suspended the Echo eBTC pool. The Echo team continues to investigate with ecosystem partners and is working on implementing additional security measures before resuming bridge operations. In April, Kelp was hacked with a loss of $292 million, allegedly by the Lazarus Group. The incident was the largest in the DeFi sector since the beginning of the year.  In May, attackers extracted $10 million from the cross-chain protocol THORChain. The project's developers confirmed the hack and denied the launch of a compensation program.

blockonomi.com Solana Price Prediction Targets $250 With Firedancer Live but Pepeto Presale Holders Stand to Gain Even More Before Listing

Firedancer just started producing blocks on the Solana mainnet and spot SOL ETFs have crossed $1 billion in combined assets, yet the Solana price prediction still puts the token near $84.84 with a long road to reclaim its $295 high. While SOL holders wait for Firedancer to push prices higher, thousands of wallets are entering [...] The post Solana Price Prediction Targets $250 With Firedancer Live but Pepeto Presale Holders Stand to Gain Even More Before Listing appeared first on Blockonomi.

blockonomi.com BNB Smart Chain’s Post-Quantum Cryptography Test Cuts Throughput by 40%

TLDR: BNB Smart Chain’s post-quantum test reduced native transfer TPS from 4,973 to 2,997, a 40% drop. Transaction signatures grew from 65 bytes to 2,420 bytes after shifting to the ML-DSA-44 standard. pqSTARK consensus aggregation achieved a 43:1 compression ratio, keeping validator overhead manageable. Cross-region P99 finality degraded from 2 to 11 slots due to [...] The post BNB Smart Chain’s Post-Quantum Cryptography Test Cuts Throughput by 40% appeared first on Blockonomi.

blockonomi.com Binance x402 Launches HTTP-Native Programmable Payments for AI Agents on BNB Chain

TLDR: Binance x402 uses standard HTTP 402 flows for off-chain authorization and on-chain settlement on BNB Chain. Trust Wallet AgentKit supports x402 natively, keeping private keys on-device during autonomous agent payments. Gartner forecasts global AI spending will hit $2.52 trillion in 2026, driving demand for agent payment rails. Merchants integrate via standard HTTP APIs, removing [...] The post Binance x402 Launches HTTP-Native Programmable Payments for AI Agents on BNB Chain appeared first on Blockonomi.

blockonomi.com AI Financial Warns of Collapse Risk After $271 Million Loss Tied to WLFI Token Crash

TLDR: AI Financial reported a net loss of $271.5 million for the quarter ended March 28, 2026. The firm’s 7.28 billion WLFI tokens lost roughly $294 million in value within just three months. AI Financial flagged substantial doubt about its ability to continue operating within one year. Shares of AIFC dropped 9.61% to $0.91 on [...] The post AI Financial Warns of Collapse Risk After $271 Million Loss Tied to WLFI Token Crash appeared first on Blockonomi.

bitcoinist.com Crypto Hack Hits Echo As Monad’s eBTC Market Faces Fallout

Echo Protocol is investigating a security incident involving its bridge on Monad after crypto on-chain analysts said an attacker minted 1,000 eBTC and used part of the position to extract WBTC liquidity through Curvance. The first public alarm came from on-chain analyst DCF GOD, who wrote that Echo “may be hacked on Monad.” He added: […]

news.bitcoin.com Strategy Holds 843,738 BTC vs Blackrock’s 817,138 as the Race to a Million Bitcoin Intensifies

Fewer than 27,000 BTC now separates Strategy and Blackrock in what has become an unprecedented contest to be the first institution to hold 1 million bitcoin. Two Giants, One Finish Line For much of late 2024 and early 2025, Blackrock’s iShares Bitcoin Trust was regarded as the fastest-growing exchange-traded fund (ETF) in U.S. market history. […]

blockonomi.com Echo Protocol Suffers $816K Loss After Admin Key Compromise on Monad Network

TLDR: Echo Protocol’s admin key was compromised on Monad, leading to $816K in unauthorized eBTC minting losses. The team regained admin key control and burned 955 eBTC still held by the attacker after the breach. Aptos was not directly compromised, though $71K in exposure was found across lending and liquidity pools. Monad and Aptos bridge [...] The post Echo Protocol Suffers $816K Loss After Admin Key Compromise on Monad Network appeared first on Blockonomi.

news.bitcoin.com Bitcoin Traders Push BTC Back to $77K After Trump Freezes Iran Response

On May 19, bitcoin rebounded from a low of $76,000 to trade above $77,000 ($77,200 by 3:50 AM EST). However, Bitfinex analysts warn that the drop below $78,000 exposes deep market fragilities. Geopolitical Relief Bitcoin climbed back above $77,000 on the morning of May 19, rebounding from a late‑Monday dip to $76,000. The recovery remained […]

blockonomi.com WowMyToken (WYT) is a new Utility Token concept.

Its relationship with the WowMyCity Platform ecosystem drives it toward mass adoption, as customers receive Tokens for their daily actions: shopping, dining, leisure, etc. Similarly, users will accumulate their tokens and will also be able to pay for their purchases using them. It is a Utility Token designed for making purchases. To reward its customers, [...] The post WowMyToken (WYT) is a new Utility Token concept. appeared first on Blockonomi.

forklog.media Musk Loses Legal Battle Against Sam Altman and OpenAI

A federal court in Oakland has dismissed Elon Musk's lawsuit against Sam Altman, Greg Brockman, OpenAI, and Microsoft due to late filing, according to NBC News. The jury of nine found that the claims were barred by the statute of limitations. Deliberations took less than two hours. In the case, Musk claimed that OpenAI had abandoned its original non-profit mission and effectively transformed into a profit-driven entity. The defendants allegedly "stole a charitable organization" by creating a commercial division and allowing the leadership to personally profit. The timing of the lawsuit filing was crucial. OpenAI's defense argued that the alleged damages occurred before 2021. Different deadlines applied to various aspects: before August 5, 2021; before November 14, 2021; before August 5, 2022. The jury found the defendants' arguments convincing. The verdict was delivered during a separate hearing on potential compensation Musk might have received if he had won. Judge Yvonne Gonzalez Rogers also criticized the plaintiff's damage estimates. Musk's expert assessed the alleged wrongful gains of OpenAI and Microsoft at $78.8 billion to $135 billion. Rogers stated that the calculations were not linked to the facts established in the case. OpenAI's lawyers portrayed the case as an attempt to pressure a competitor. The company's lead attorney, Bill Savitt, called the lawsuit a "belated fabrication" and an attempt at sabotage. Following the decision, Microsoft welcomed the outcome and stated it would continue its partnership with Altman's company to advance AI systems. Musk responded differently: "For anyone who has closely followed the case, there is no doubt that Altman and Brockman indeed enriched themselves by stealing a charitable organization. The only question is when they did it." The entrepreneur announced his intention to appeal. The decision removes one of the main legal obstacles for OpenAI amid discussions of a potential IPO. Back in October 2025, the AI startup completed a restructuring, during which the company was split into a commercial corporation and a non-profit foundation.

forklog.media RWA Capitalization on Solana Surpasses $2 Billion

By the end of the first quarter, the volume of real-world tokenized assets (RWA) on the Solana network increased by 43%, reaching $2.01 billion, according to a report by Messari. Three assets had the most significant impact on the segment: BlackRock BUIDL: capitalization doubled to $525.4 million following the integration of custodian Anchorage Digital; PRIME: increased by 124% to $361.2 million, supported by the Kamino protocol; ONyc: rose by 101%, reaching $145.4 million. Source: Messari. Analysts noted the diversification of the credit market. Deposits in PRIME on the Kamino and Jupiter Lend platforms accounted for 13% of the total volume. DeFi Segment and Application Revenue The total value locked in Solana fell by 22% to $6.16 billion. Messari attributed this to a 33% drop in the price of SOL (from $124.44 to $83.11), rather than a user exodus. Source: Messari. The blockchain's share of the overall DeFi market remained stable at 6.7%. The largest protocols were Kamino ($1.72 billion) and Jupiter ($1.69 billion). Application revenue for the quarter totaled $342.2 million. Pump.fun remained the leader with $124.7 million (+17%). The trading app Axiom ranked second with $42.4 million. Source: Messari. The report highlights the development of infrastructure for payments and AI agents. The x402 protocol was adopted by major providers, including Alchemy and QuickNode. User Behavior and Stablecoins Researchers observed an acceleration in trading: the average token holding time decreased from 81 to 57 seconds. Analysts linked this to the popularity of short-term trades in the meme coin segment. The volume of stablecoins on Solana reached $14.85 billion (third among blockchains): USDC: $7.83 billion (-21%); USDT: $2.89 billion (+34%); USD1: $883.5 million (+473% following inflows from Binance). Source: Messari. The main event of the quarter was the plan to implement the Alpenglow update in the Agave 4.1 release. It proposes replacing the Proof-of-History and Tower BFT mechanisms with Rotor and Votor. This is expected to reduce transaction finalization time from 12.8 seconds to 150 milliseconds. The total number of coins locked in staking reached a historic high of 424.7 million SOL. Source: Messari. By the end of the quarter, corporate balances held 18.6 million SOL ($1.54 billion). In May, trading volume on decentralized exchanges on the Solana network fell to 94% relative to Ethereum's figures. 

news.bitcoin.com Elon Musk Loses OpenAI Trial, Vows Appeal After Jury Dismisses Claims Over Statute of Limitations

A federal jury has thrown out every claim in Elon Musk’s lawsuit against OpenAI and Sam Altman, finding the case to have been filed past its legal deadline. Verdict Reached, But Battle Not Over A federal jury in Oakland, California sided with OpenAI on May 18, unanimously dismissing all claims in Elon Musk’s lawsuit against […]

bitcoinist.com Strategy Acquires 24,869 Bitcoin In Massive $2 Billion Buy

Bitcoin treasury company Strategy has announced its second-largest acquisition of 2026, costing the firm more than $2 billion. Strategy Has Added 24,869 Bitcoin To Its Holdings In a new post on X, Strategy co-founder and chairman Michael Saylor has shared the details related to the latest purchase completed by the treasury company. In total, the […]

forklog.media Two More Developers Depart from Ethereum Foundation

The Ethereum Foundation (EF) continues to see the departure of key personnel. On May 18th, researchers Carl Beek and Julian Ma announced their exit from the organization. Both decisions were voluntary. The developers penned farewell messages on X. Beek will leave the organization at the end of the month. He has worked at EF for seven years, contributing to the creation of the Ethereum Beacon Chain and improving network throughput and execution. “The strength of Ethereum lies and will always lie in the people behind it, striving to make it what it is. I am grateful for these years spent among you. What’s next: I’m not sure yet,” he wrote. Ma spent four years in the organization’s research and product department. He was involved in designing network economics and scaling. The developer co-authored a proposal to enhance privacy FOCIL and led the launch of the fast confirmation mechanism, which accelerates transfers between L1 and L2. “Why did I leave? For the first three years at EF, I was engaged in market design research. In the last year, I focused on product work and growth. I really enjoy this area and want to move further in this direction,” Ma explained his decision. The Disintegration of Ethereum Foundation Beek and Ma’s departures continue a series of resignations at EF. In recent months, several prominent ecosystem members have left the foundation. In early May, leading developers Barnabé Monnot and Tim Beiko left the Protocol team, while Alex Stokes took a creative break. Temporary managers have been appointed in their places. In April, team manager Josh Stark announced his departure. In February, Tomasz Stanczak resigned from his position as co-executive director, having served for less than a year. Some specialists have moved to external projects. Back in March, the Ethereum Foundation team promised to prepare the network for quantum protection by 2029.

news.bitcoin.com Capital B Buys 192 BTC After $20M Raise as Treasury Strategy Accelerates

French bitcoin treasury firm Capital B has acquired 192 BTC after completing a series of capital raises totaling roughly $20 million (€17 million). The company now holds more than 3,100 bitcoin as it deepens its treasury-focused strategy. Adam Back Joins Capital B Funding Round as Company Accelerates BTC Strategy Capital B, the French company formerly […]

bitcoinist.com South Korea’s KB Financial Completes Stablecoin Pilot As Lawmakers Press For Regulatory Framework

South Korea’s KB Financial has completed a Proof-of-Concept (PoC) for won-denominated stablecoin as lawmakers and experts push to advance the country’s digital asset framework. Related Reading: Hacker Drains $11.58 Million From Verus-Ethereum Bridge KB Stablecoin Pilot Cuts Fees, Speeds Transfers On Sunday, KB Financial Group, the parent company of South Korea’s largest bank, announced that […]

news.bitcoin.com Brazil’s Banking Giant Bradesco Enters the Crypto Custody Race

The bank, which is currently the third largest financial institution in Brazil, confirmed that it had found a partner to enter the cryptocurrency custody business, including stablecoins. Bradesco’s head of innovation also indicated that the bank had an internal structure dedicated to digital assets. Bradesco Announces Future Launch of Cryptocurrency Custody Services Traditional financial institutions […]

bitcoinist.com XRP Rally On The Radar: ‘Violent Price Expansion’ May Be Near As Bollinger Bands Tighten

XRP is experiencing increased price pressure, mirroring the broader crypto market’s drop, with the token falling 6% over the past week. This pullback has forced XRP to lose the $1.40 support level for now.  Despite this recent weakness, market analyst Ali Martinez posted on X (formerly Twitter) that a technical setup is forming on XRP’s […]

news.bitcoin.com Tether Backs LemFi in Strategic Investment to Supercharge Migrant Remittances

The stablecoin giant announced an undisclosed investment in LemFi, a migrant-focused remittance-based platform that allows users to send and receive money across 30 countries. The investment will support LemFi’s integration of USDT across its product suite, delivering faster and cheaper services to its customers. Stablecoin Behemoth Tether Invests in Remittance Platform LemFi Stablecoins have become […]

cryptobriefing.com Polymarket faces scrutiny as nearly 20% of dispute judges have financial ties to the bets they decide

The scrutiny of Polymarket's dispute process highlights potential conflicts of interest, raising concerns about fairness and transparency in prediction markets. The post Polymarket faces scrutiny as nearly 20% of dispute judges have financial ties to the bets they decide appeared first on Crypto Briefing.

news.bitcoin.com ‘Short-Term Noise’: Why Tom Lee Predicts a Massive Ethereum Rebound in 2026

The analyst believes that one of the reasons ether has been under selling pressure is linked to the conflict in the Middle East and the subsequent rise in oil prices. To Lee, this is “short tactical noise,” and prices should be stronger later this year. Fundstrat’s Tom Lee Predicts Stronger ETH Prices After Middle East […]