May 16, 2026 @ 7:42 pm By Omar Faridi  |  

TRM Labs noted that on May 15, 2026, a sophisticated attacker exploited vulnerabilities in THORChain, siphoning more than $11 million in digital assets from the cross-chain liquidity protocol. The incident impacted at least nine separate networks, marking another significant setback for the platform known for… Read More

May 16, 2026 @ 7:38 pm By Omar Faridi  |  

Amazon’s Finance Technology teams have introduced a generative AI system on AWS that dramatically simplifies the processing of regulatory inquiries from global authorities. The solution addresses longstanding inefficiencies in compliance operations by automating document analysis, information synthesis, and response drafting while preserving strict regulatory standards…. Read More

May 16, 2026 @ 7:31 pm By Omar Faridi  |  

Earlier this month, US lawmakers had submitted dozens of proposed changes to cryptocurrency legislation, with many zeroing in on rules for stablecoins and decentralized finance (DeFi) protocols. These adjustments surfaced just ahead of the Senate Banking Committee’s bipartisan vote advancing the Digital Asset Market Clarity… Read More

May 16, 2026 @ 5:56 pm By Omar Faridi  |  

The Ethereum network continues to stand out as the foremost blockchain for smart contracts, thanks to its exceptional level of participation in network security. On-chain data confirms that Ethereum’s validator numbers dwarf those of rivals such as Solana and Cardano, highlighting a clear edge in… Read More

May 16, 2026 @ 5:40 pm By Sherwood Neiss  |  

For the 10th anniversary of Regulation Crowdfunding, Crowdfund Capital Advisors releases the first comprehensive analysis of what a full decade of the RegCF market has produced Ten years ago today, Regulation Crowdfunding (Reg CF) went live, giving everyday Americans the legal right to invest in… Read More

May 16, 2026 @ 5:14 pm By Omar Faridi  |  

Recent on-chain metrics show that substantial Cardano (ADA) investors have significantly increased their dominance over the network’s native cryptocurrency. Wallets containing at least one million ADA tokens now collectively own about 25.09 billion units. This represents roughly 67% of the overall circulating supply—the highest level… Read More

May 16, 2026 @ 5:10 pm By Michael Wong  |  

Recursive Superintelligence has raised $650 million at a $4.65 billion valuation in a funding round led by GV and Greycroft, according to the company. The round also included participation from AMD Ventures and NVIDIA, placing the stealth-mode AI lab among a growing group of venture-backed… Read More

May 16, 2026 @ 4:51 pm By Michael Wong  |  

Los Angeles-headquartered fintech Fasset said it raised $51 million in a Series B funding round backed by SBI Group, Investcorp, Arz Portföy, and strategic family offices. The round comes as the company looks to expand stablecoin-powered banking and cross-border payment services across emerging markets, according… Read More

May 16, 2026 @ 4:49 pm By Omar Faridi  |  

OnPay, a payroll and human resources platform, has introduced a comprehensive integration with Betterment at Work, a provider of modern retirement plans. Announced today, the collaboration introduces a fully connected 401(k) offering that allows businesses to handle payroll deductions and retirement benefits within a single,… Read More

May 16, 2026 @ 2:34 pm By Tony Zerucha  |  

Web3 minds also weighed in on BTC and XRP this week. “Against a more unsettling macro backdrop (with hotter-than-expected US inflation prints, a still elusive US-Iran peace agreement, markets pricing out a 2026 rate cut), BTC has traded between $79K and $81K over the past… Read More

May 16, 2026 @ 10:14 am By Omar Faridi  |  

President Donald Trump and his family’s trust reported multiple acquisitions of cryptocurrency-linked equities in the first quarter of 2026, according to mandatory financial disclosures filed with the US Office of Government Ethics (OGE). The periodic transaction reports, covering January through March, highlight targeted purchases in… Read More

May 16, 2026 @ 9:08 am By JD Alois  |  

On Thursday, the Senate Banking Committee held a markup hearing on the CLARITY Act, crypto market infrastructure legislation that was passed in the House in 2025 and sat in limbo in the Senate until this past week. The legislation aims to protect consumers while enabling… Read More

May 16, 2026 @ 7:54 am By Omar Faridi  |  

Nu Holdings (NYSE: NU), the parent company of Nubank, reported another solid quarter on May 14, 2026, showcasing its continued dominance as a leading digital financial platform in Latin America. The Fintech company added around 4 million new customers, pushing its global base past 135… Read More

May 16, 2026 @ 7:51 am By Omar Faridi  |  

Despite steady global growth, Europe’s stablecoin ecosystem continues to lag far behind the United States, where dollar-pegged assets like USDT and USDC have carved out clear dominance in cross-border and institutional flows. A new analysis from Oliver Wyman underscores how stablecoins are poised to erode… Read More

May 16, 2026 @ 2:00 am By Omar Faridi  |  

NatWest has revealed the eight AI-focused startups chosen for its 2026 Fintech Program, marking a significant step in the bank’s drive to nurture Britain’s technology innovators. The announcement came during a London launch event tied to UK Fintech Week, where founders gathered for a roundtable… Read More

May 15, 2026 @ 7:19 pm By Omar Faridi  |  

Elliptic has shared insights after the US Senate Committee on Banking, Housing, and Urban Affairs has advanced the Digital Asset Market Clarity Act—widely referred to as the CLARITY Act. The legislation cleared the committee on a 15-9 vote during a recent markup session, positioning it… Read More

May 15, 2026 @ 7:16 pm By Omar Faridi  |  

Stripe has teamed up with Amazon Web Services (AWS) to bring autonomous payment functionality to AWS’s AgentCore platform. The new AgentCore Payments feature, integrated into Amazon Bedrock, equips AI agents with the ability to independently access and settle costs for digital resources—including web content, APIs,… Read More

May 15, 2026 @ 5:54 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) is expanding its footprint in the decentralized finance space by forging a closer alliance with Hyperliquid, one of the leading onchain perpetuals trading platforms. The major U.S.-based exchange has stepped into a pivotal position as the official treasury deployer for USDC on Hyperliquid’s… Read More

May 15, 2026 @ 5:11 pm By Tony Zerucha  |  

The Web3 community had plenty to say about the CLARITY Act passing this week. “Bitcoin ran out of steam very quickly after yesterday’s little pump on the CLARITY Act news. The $82,000 resistance level proved insurmountable, despite institutional buying via ETFs. “The regulatory news was… Read More

May 15, 2026 @ 4:57 pm By Omar Faridi  |  

KPMG’s latest Pulse of Private Equity Q1’26 study has indicated that PE investors are growing more selective amid geopolitical tensions, yet capital is steadily channeling into critical infrastructure supporting artificial intelligence, the energy transition, and transportation networks. Released in May 2026, the report shows global… Read More