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Month: May 2026

Blocktancy > 2026 > May

Yet another crypto bridge falls victim to an $11 million hack

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News
  • Post author By blocktancy.com
  • 18 May 2026
  • No Comments on Yet another crypto bridge falls victim to an $11 million hack

The latest attack adds to growing string of cross-chain infrastructure exploits.

Bitcoin slides under $77,000 as oil shock and Treasury yields hit risk assets

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News
  • Post author By blocktancy.com
  • 18 May 2026
  • No Comments on Bitcoin slides under $77,000 as oil shock and Treasury yields hit risk assets

Long-term holders are still sitting tight and exchange balances remain near six-year lows, Binance Research data shows, but underwater short-term holders leave BTC vulnerable to macro shocks.

A Russian stablecoin built to dodge sanctions says it can survive even if they’re lifted

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  • Post author By blocktancy.com
  • 17 May 2026
  • No Comments on A Russian stablecoin built to dodge sanctions says it can survive even if they’re lifted

A7A5, the Russia-linked stablecoin built to move money around banking restrictions, says faster trade settlement, yield and regional crypto infrastructure could keep it relevant even if geopolitical tensions ease.

Jump Crypto’s ‘Firedancer’ is taking a slow and steady approach to its long-awaited Solana infrastructure rollout

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News
  • Post author By blocktancy.com
  • 16 May 2026
  • No Comments on Jump Crypto’s ‘Firedancer’ is taking a slow and steady approach to its long-awaited Solana infrastructure rollout

In an interview with CoinDesk, the lead engineer at Firedancer gives an update on how the new client, also known as a software, is fairing in the Solana ecosystem.

Crypto users are choosing juicy yields over protection, putting billions at risk of hacks

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  • Post author By blocktancy.com
  • 16 May 2026
  • No Comments on Crypto users are choosing juicy yields over protection, putting billions at risk of hacks

DeFi insurance protocols debuted with huge ambitions during the 2020 crypto boom. But as hacks evolved and users chased yields over protection, most of the sector collapsed under the same risks it was built to cover.

The $293 million KelpDAO hack shows why DeFi is finally being forced to grow up

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  • Post author By blocktancy.com
  • 16 May 2026
  • No Comments on The $293 million KelpDAO hack shows why DeFi is finally being forced to grow up

For protocol founders and security researchers, the incident reinforced a broader shift underway across crypto: DeFi is no longer primarily battling coding bugs. It’s battling complexity.

XRP beat bitcoin gains as CLARITY Act advanced, but a real bullrun still needs Congress

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  • Post author By blocktancy.com
  • 16 May 2026
  • No Comments on XRP beat bitcoin gains as CLARITY Act advanced, but a real bullrun still needs Congress

The token jumped 5% after a Senate committee moved the market-structure bill forward, reviving hopes that legal clarity can pull deeper institutional money into XRP products.

Crypto longs lose $500 million as bitcoin slides to $78,000, SOL and XRP down 5%

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  • Post author By blocktancy.com
  • 16 May 2026
  • No Comments on Crypto longs lose $500 million as bitcoin slides to $78,000, SOL and XRP down 5%

A long-skewed liquidation cascade flushed leverage across the major tokens overnight, with the move tracking a global bond selloff and the worst session for U.S. stocks since March.

Bhutan ‘doesn’t recall’ selling any bitcoin, disputing widely-tracked $1 billion BTC drawdown

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  • Post author By blocktancy.com
  • 16 May 2026
  • No Comments on Bhutan ‘doesn’t recall’ selling any bitcoin, disputing widely-tracked $1 billion BTC drawdown

Arkham Intelligence data shows that over $1 billion in bitcoin has left wallets attributed to Bhutan in the past year, flowing to exchanges and trading firms. The country says it has not sold any.

U.S. House lawmakers who oversee the CFTC are urging Trump to fill the commission

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  • Post author By blocktancy.com
  • 15 May 2026
  • No Comments on U.S. House lawmakers who oversee the CFTC are urging Trump to fill the commission

As the Commodity Futures Trading Commission takes on a growing task to police U.S. crypto trading, senior lawmakers are saying it needs bipartisan leadership.

SpaceX targets June 11 IPO pricing, picks Nasdaq for historic market debut

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  • Post author By blocktancy.com
  • 15 May 2026
  • No Comments on SpaceX targets June 11 IPO pricing, picks Nasdaq for historic market debut

Elon Musk’s rocket and satellite company has accelerated plans for its blockbuster public offering, with trading expected to begin as early as June 12 after a faster-than-expected SEC review.

Saudi Arabia is tokenizing its multi-trillion dollar economy to protect its wealth from global shocks

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News
  • Post author By blocktancy.com
  • 15 May 2026
  • No Comments on Saudi Arabia is tokenizing its multi-trillion dollar economy to protect its wealth from global shocks

The chairman of droppRWA has secured $12.5 billion in mandates to tokenized real estate and his plans are to go beyond properties to bring trillions of dollars onchain.

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