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Today — 12 May 2026Main stream

Boundary’s USBD aims to turn stablecoins into an on-chain “verifiable” dollar

12 May 2026 at 01:00
Galaxy Ventures‑backed Boundary Labs is preparing to launch USBD, an over‑collateralized Ethereum stablecoin that swaps monthly attestations for continuous on‑chain verification of reserves and net asset value while pushing yield into a separate sUSBD token aimed at institutional risk‑takers. Boundary…

Huma Finance legacy V1 contract on Polygon exploited for $101,400 USDC

12 May 2026 at 00:00
A logic bug in Huma’s legacy V1 Polygon credit pools let an attacker drain about $101,400 in USDC, but its Solana‑based PayFi V2 and PST token remain structurally unaffected. Huma Finance has disclosed that its legacy V1 contracts on Polygon…

Yesterday — 11 May 2026Main stream

Anchorage steps back from USDG as stablecoin alliances decentralize

11 May 2026 at 22:57
USDG, still issued by Paxos Singapore and regulated by MAS, will remain in market as one of many institutionally backed dollars as regulators, banks and VCs push toward a fragmented, multi‑issuer “economic OS.” Anchorage Digital, the first federally chartered crypto…

Australia’s capital gains rethink puts crypto HODLers in the crosshairs

11 May 2026 at 22:51
Australia is weighing a capital gains tax overhaul that would scrap the long‑standing 50% discount on assets held more than a year and replace it with an inflation‑indexed system, a shift that could materially raise tax bills for crypto and…

Prediction markets are now trading on Elon Musk’s dopamine

11 May 2026 at 22:44
Polymarket now hosts “tweet markets” on Elon Musk’s weekly post count, turning his X activity into on‑chain micro‑event data with wild intraday probability swings. Elon Musk’s tweet count is no longer just a social media curiosity — it is a…

Ethereum details Glamsterdam devnet progress and Hegotá roadmap shift

11 May 2026 at 22:19
FOCIL, Verkle Trees and account‑abstraction upgrades have moved to Hegotá, turning it into a late‑2026 “cleanup and hardening” fork while leadership changes in Ethereum’s Protocol Cluster steer the longer Strawmap roadmap. The Ethereum Foundation has published a new protocol update…

Crypto’s X feed turns into a live tape for policy, halving and AI fear

11 May 2026 at 21:56
Washington’s week from hell for stablecoins and the Fed. Across crypto X, the dominant thread is a single question: does Washington finally lock in a crypto‑compatible framework or kill the industry’s yield engine in the name of bank stability. Posts…

SUI jumps 31% as Nasdaq-listed holder triggers ‘classic’ supply shock, before settling down to $1.29

11 May 2026 at 21:13
SUI jumped about 31% after Nasdaq‑listed SUI Group moved 108.7m SUI into staking, tightening a float that’s already ~74% locked and sending open interest above $620m. SUI (SUI) ripped higher by about 31% over the last 24 hours to trade…

BNY launches bitcoin and ether custody in Abu Dhabi’s ADGM

11 May 2026 at 19:31
BNY is launching institutional Bitcoin and Ether custody from Abu Dhabi’s ADGM with Finstreet and ADI, paving the way for stablecoin and tokenized‑asset support. BNY plants a digital asset flag in ADGM BNY has announced the launch of institutional digital…

MoonPay buys Dawn Labs, debuts AI trader for prediction markets

11 May 2026 at 19:08
MoonPay buys Dawn Labs and launches Dawn CLI, letting AI agents and traders turn natural‑language prompts into live prediction‑market strategies on Polymarket. MoonPay has moved deeper into AI-driven trading with the acquisition of Dawn Labs and the launch of Dawn…

Ondo brings tokenized US stocks to Hyperliquid’s HyperEVM

11 May 2026 at 18:28
Ondo pipes tokenized US stocks from BNB to HyperEVM, turning blue‑chip equities into on‑chain collateral for basis, arb and delta‑neutral strategies. Ondo Finance has deepened its tokenization push by routing U.S. stock and ETF exposure from BNB Chain into Hyperliquid’s…

Before yesterdayMain stream

S&P 500 at record 7,400 underlines a full‑risk‑on backdrop for crypto

9 May 2026 at 01:30
The S&P 500’s push to a record near 7,400 confirms a late‑cycle, full‑risk‑on regime where Bitcoin and major crypto assets are again trading as high‑beta extensions of U.S. equities rather than as independent hedges. Gate’s futures data and European tape…

Meta’s USDC pilot draws fire as Senator Warren demands stablecoin transparency

9 May 2026 at 00:30
Warren’s letter asks Mark Zuckerberg to explain by May 20 which stablecoins and wallets Meta is using, how it selects issuers like Circle, what data it collects from linked wallets and how it will separate social and financial businesses. Senator…

TeraWulf’s HPC revenue tops Bitcoin mining for first time as AI pivot accelerates

8 May 2026 at 22:30
TeraWulf’s Q1 2026 results show $21 million in AI/HPC hosting revenue versus under $13 million from Bitcoin mining, marking the first quarter where high‑performance compute has overtaken BTC as the company’s primary revenue driver. TeraWulf’s latest earnings show its business…

Revolut turns Bitcoin into a UX horror show with a two‑cent “flash crash” that never happened

8 May 2026 at 22:03
Revolut briefly showed Bitcoin trading near zero for some users while every major exchange and index still had BTC around $79,000. For a short window on Friday, some Revolut users opened the app and saw Bitcoin (BTC) trading for cents.…

Nagel warns Iran war is fueling inflation risks as ECB stays on alert

8 May 2026 at 21:57
Acting Labor Secretary Sandlin’s push for earlier Fed cuts clashes with a cautious central bank, leaving crypto trading a “higher for longer” regime even as the political drumbeat for easing grows louder. Nagel, who heads Germany’s Bundesbank and sits on…

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