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The US CLARITY Act, which aims to provide the US crypto industry with more regulatory clarity, could have a positive ripple effect beyond the crypto sector itself, according to venture capital firm a16z crypto.“If the US provides builders with regulatory clarity, it will be a boon for domestic innovation,” a16z crypto said in an X post on Friday.A16z pointed to the passage of the GENIUS Act in July 2025, which created a regulatory framework for stablecoins, as a possible indication of what may happen following the CLARITY Act. “Its passage led to unprecedented growth and adoption, which is not only…

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THORChain, the decentralized cross-chain liquidity protocol, has launched a recovery portal following a confirmed $10 million exploit on May 11, 2026. The breach impacted 12,847 wallets across Bitcoin (BTC), Ethereum (ETH), BNB Chain, and Base. The portal, live as of May 16, allows affected users to check their compensation and submit refund claims, supported by a treasury-funded refund pool of equivalent size. The incident, revealed via a PeckShield post-mortem, was traced to a vulnerability in THORChain’s GG20 threshold signature scheme (TSS). This flaw reportedly allowed an attacker to gradually leak sensitive vault key data, ultimately enabling unauthorized transactions. The attacker…

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The Republican chair and Democratic ranking member of the US House of Representatives Committee on Agriculture have called on President Donald Trump to fully staff the leadership at a key financial regulator, citing the potential impact of a crypto market structure bill.In a Friday letter to Trump, House Agriculture Committee Chair Glenn Thompson and ranking member Angie Craig asked the president to “nominate a full panel” of bipartisan leaders for the US Commodity Futures Trading Commission (CFTC). The representatives cited “urgent regulatory issues” facing the US regulator in addition to a “significant rulemaking process” required if the Digital Asset Market…

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The Hong Kong Monetary Authority (HKMA) released its credit card lending survey results for Q1 2026, revealing a 3.8% decline in total card receivables to HK$158.0 billion as of March 31. This marks a reversal from the 8.7% surge recorded in Q4 2025, which was driven by festive spending and salaries tax payments. Delinquency and rescheduling rates ticked up slightly, with the combined ratio rising to 0.45% at the end of March, compared to 0.40% in the prior quarter. However, asset quality showed resilience, as the charge-off ratio improved to 0.56% from 0.62% in Q4 2025, signaling fewer write-offs during…

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New York, USA, May 15th, 2026, Chainwire E Estate Group Inc. announced that it will host E-Estate 1 Year Live: Washington DC Summit on June 13, 2026, bringing together company leadership, agents, buyers, strategic partners, and guests interested in the future of blockchain-based real estate ownership. The summit will take place at The Watergate Hotel in Washington, D.C. and will mark one year since the launch of the E-Estate platform. The event is designed as a milestone gathering for the E-Estate ecosystem and a broader discussion on how real estate tokenization is moving from early adoption into structured infrastructure. The…

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Victoria, Seychelles, May 15th, 2026, Chainwire MEXC, a pioneer in 0-fee digital asset trading, announced the successful conclusion of its inaugural USD1 event series on May 13. The event attracted more than 161,773 participants, while new users generated a cumulative Futures trading volume of $2.4 billion, highlighting strong market demand for the USD1 ecosystem. Event Recap Since launching in April, MEXC has rolled out a comprehensive USD1 event ecosystem spanning trading, yield opportunities, and user incentives. The event drew strong market attention from the outset. In early April, MEXC became one of the first exchanges to launch the USD1 Launchpool,…

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Eightco treasury composition as of May 12, 2026: $90M OpenAI equity (indirect), $18M Beast Industries equity, 11,068 ETH, 283 million WLD holdings, and $129M cash and equivalents, totaling approximately $340 million World offers a solution to the ‘double human’ problem in a world proliferating with deepfakes New independent data shows OpenAI’s coming social network will land in a category already 15–43% non-human, reinforcing demand for Worldcoin’s Proof of Human network New data shows that bot, AI-generated, and inauthentic activity now ranges from 15% to 75% of activity across eight core internet domains, including 75% of Polymarket trading volume, 53% of…

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A US federal judge has sentenced the former chief revenue officer of defunct cryptocurrency lending platform Celsius to time served after almost three years following his arrest on fraud and conspiracy charges.In a sentencing hearing in the US District Court for the Southern District of New York on Wednesday, Judge John Koeltl ordered that Roni Cohen-Pavon be sentenced to time served and one year of supervised release for his role in manipulating the price of Celsius’s CEL token and fraud on the platform. The former chief revenue officer initially pleaded not guilty to four charges following his arrest in September…

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