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Bitcoin, Ethereum, DeFi, NFTs and the broader crypto market — breaking news, price analysis and regulation updates.
Iran has put forward a $10 billion Bitcoin-based insurance scheme to protect shipping through the Strait of Hormuz, according to reports. The proposal represents an unconventional approach to securing one of the world's most critical maritime chokepoints amid ongoing geopolitical tensions.
Crypto
5h ago · 2 min read
Crypto
7h ago · 2 min read
Crypto
8h ago · 2 min read
Crypto
9h ago · 2 min read
US crypto ATM operator Bitcoin Depot has filed for Chapter 11 bankruptcy to wind down operations, citing changing regulatory environments that made its business model unsustainable.
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The Verus-Ethereum bridge fell victim to an $11 million hack on May 18, 2026, with attackers stealing 103.6 tBTC, 1,625 ETH, and 147,000 USDC. The exploit marks another incident in a growing pattern of cross-chain infrastructure vulnerabilities.
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Verus Protocol's Ethereum bridge was exploited on May 18, 2026 through a fraudulent cross-chain transfer message. Hackers stole $11.58 million in cryptocurrency including 1,625 ETH, 147,659 USDC, and 103.57 tBTC v2, subsequently converted to 5,402 Ether.
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Bitcoin Depot, North America's largest bitcoin ATM operator and Nasdaq-listed company, filed for Chapter 11 bankruptcy on May 18, 2026. The Atlanta-based firm cited stringent state regulations as unsustainable for its business model and is winding down operations.
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Bitcoin Depot, the largest US Bitcoin ATM operator, filed for Chapter 11 bankruptcy protection on Monday and took its entire kiosk network offline. The filing impacts thousands of machines across North America.
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Bitcoin fell below $77,000 on Monday as rising oil prices and Treasury yields pressured risk assets. Prediction markets show 98% odds of no Fed rate move in June, reducing appeal of non-yielding assets.
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The Verus-Ethereum Bridge suffered a security breach on May 18, with attackers draining approximately $11.58 million in digital assets. Multiple blockchain security firms confirmed the exploit, adding to May's growing tally of DeFi exploits.
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Security firm Blockaid reports an ongoing exploit draining the Verus-Ethereum bridge of 103.6 tBTC, 1,625 ETH, and 147,000 USDC. Peckshield initially flagged the vulnerability as attackers continue extracting funds.
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Bitcoin's Long-Term Holder supply has climbed back to August 2025 levels as 316,000 BTC moved into strong hands. The accumulation signals renewed conviction among long-term investors in the cryptocurrency market.
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Harvard's endowment has reduced its Bitcoin ETF stake by 43% and completely exited its Ethereum position, marking a significant shift in institutional crypto exposure. Meanwhile, Abu Dhabi's Mubadala sovereign wealth fund increased its holdings in spot Bitcoin ETFs.
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Intesa Sanpaolo expanded its cryptocurrency portfolio from $100M to $235M in Q1 2026, marking the Italian bank's deepest institutional push into digital assets through new positions in Ethereum and XRP.
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The Senate Banking Committee voted 15-9 on Thursday to advance the Clarity Act crypto market structure bill to the Senate floor. Two Democrats joined all Republicans in supporting the measure, signaling potential bipartisan backing.
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The CLARITY Act markup represents a pivotal regulatory moment for cryptocurrency adoption. Though not yet law, the legislative progress demonstrates growing institutional support for consumer protections in digital assets, potentially unlocking mainstream retail participation.
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Michael Saylor hints at a larger Bitcoin purchase for MicroStrategy ahead of Monday's 8-K filing, which is expected to confirm the company's acquisition of 15,466 BTC this week.
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US prosecutors indicted alleged Dream Market administrator Owe Andresen for converting approximately $2 million in cryptocurrency into gold bars, with shipments directed to Germany. The case highlights ongoing law enforcement efforts against darknet marketplace operators.
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A major cryptocurrency firm is strategizing to retire $1.5 billion in convertible debt, signaling potential bitcoin sales as a funding mechanism. The move reflects corporate debt management in volatile crypto markets.
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THORChain's RUNE token experienced double-digit losses following a $10 million security exploit that triggered a trading halt. The incident marks another significant vulnerability in the cross-chain liquidity protocol.
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Cross-chain liquidity protocol THORChain was compromised in a coordinated exploit spanning at least four major blockchain networks on Friday. Onchain investigator ZachXBT flagged the breach, with stolen funds already exceeding $10 million across Bitcoin, Ethereum, BNB Chain, and Base.
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THORChain suspended trading operations Friday after security researchers identified a suspected $10 million exploit affecting Bitcoin, Ethereum, BNB Smart Chain, and Base networks simultaneously.
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