Latest Crypto News & Market Updates

NEAR Intents Integrate With Ledger Wallet For Users To Execute Secure DeFi Cross-Chain Transactions

In a major development aiming to enhance digital asset security and user-focused solutions, NEAR Intents, a DeFi multichain transaction protocol, today entered into a strategic partnership with Ledger Wallet, a recognized secure self-custody hardware crypto wallet network. This collaboration enabled NEAR Intents to integrate Ledgers cold wallet infrastructure to advance security operations on its DeFi multichain transaction network.　　NEAR Intents is a DeFi omnichain liquidity protocol that powers single-click multichain swaps and unified liquidity for on-chain markets and tokenized RWAs (real-world assets). This AI-powered intent-based transaction infrastructure allows users to express their desired actions (outcomes), and consequently, the NEAR Intents system unlocks seamless multi-chain swaps for DeFi customers.　　NEAR Intents Connect With Ledger Wallet　　With the partnership above, NEAR Intents‘ universal DeFi liquidity protocol is now fully integrated and supported by Ledger Wallet’s advanced cold storage solutions.　　The integration of NEAR Intents‘ omnichain liquidity protocol with Ledger’s cutting-edge non-custodial wallet architecture marks a new era for NEAR Intents users, ensuring outstanding protection for their DeFi assets and cross-chain applications against potential cybersecurity threats and on-chain vulnerabilities. Ledger Wallet, with its unmatched history in digital asset safeguard and protection, now functions as a protected structure for NEAR Intents users.　　Empowering Users In Web3 Economy　　The integration with

05-07Industry

1inch Liquidity Provider Trusted Volumes Exploited for $5.87 Million

Tech　　1inch Liquidity Provider Trusted Volumes Exploited for $5.87 Million　　The post 1inch Liquidity Provider Trusted Volumes Exploited for $5.87 Million appeared first on Coinpedia Fintech News　　Another major DeFi attack has shaken the crypto market. A liquidity provider tied to 1inchs Trusted Volumes system has reportedly been exploited for nearly $5.87 million, with attackers draining millions in WETH, USDT, WBTC, and USDC.　　More concerningly, blockchain security firms warn that the exploit may still be ongoing, meaning additional losses could still occur.　　So, how did the exploit happen？　　How the Trusted Volumes Exploit Happened　　Security researchers at Blockaid revealed that attackers exploited a vulnerability in the Trusted Volumes resolver contract. This vulnerability allowed them to execute malicious orders directly from users wallets.　　The attack worked by abusing a public function in the contract. Using this function, the attacker was able to add themselves as an “Allowed Order Signer.” Once they gained this permission, they could use old wallet approvals that users had previously granted to move funds.　　Blockaids exploit detection system has identified an on-going exploit on TrustedVolumes (1inch market maker / resolver, @trustedvolumes ).　　Chain: Ethereum　　Victim contract: TrustedVolumes resolver — 0x9bA0CF1588E1DFA905eC948F7FE5104dD40EDa31　　Exploiter:…　　— Blockaid (@blockaid_) May 7, 2026　　What made the exploit especially dangerous is that users did not need to approve

05-07Industry

BCH Price Prediction: $520 Breakout or $430 Collapse Within 72 Hours

The Immediate Setup　　Bitcoin Cash is trading in the danger zone at $474, having ripped 6.28% higher in the last 24 hours while dancing precariously above its upper Bollinger Band at $468. The RSI at 62.17 shows buyers are getting aggressive but haven‘t hit overbought territory yet, while the MACD histogram sits dead flat at zero – a classic sign that momentum is about to pick a direction fast. With daily volatility running at $12.12 ATR, we’re looking at potential $25+ moves in either direction over the next 48-72 hours.　　The price action screams distribution phase, with that intraday high of $485.86 getting smacked down hard. Smart money appears to be taking profits into this rally, but retail sentiment hasnt caught up yet.　　Key Levels Exposed　　The technical picture reveals a clear battle zone between $450-$493. BCH is currently trading above all short-term moving averages, with the SMA 7, 20, and 50 clustered tightly around $451-$452 – forming a potential launching pad if bulls can hold these levels. However, the 200-day SMA at $519.26 looms large as the ultimate resistance target that could define Blockchain.news traders next major move.　　The immediate resistance at $493.53 represents the first major hurdle, but the real prize sits at

05-07Industry

KuCoin Rolls Out Global Anti-Phishing Campaign Amid Growing Security Threats

KuCoin has launched its second annual Anti-Phishing Month campaign, rolling out a fresh push to strengthen user protection through education, real-time security tools, and incentive-based learning. The initiative comes as May brings several global cybersecurity awareness observances, giving the crypto exchange a timely platform to reinforce one of the most persistent risks facing digital asset users: phishing.　　The exchange said the campaign is designed to make security a more active part of the user experience rather than a background feature. In recent years, KuCoin has seen a steady rise in phishing attempts targeting its users. Smishing and email phishing are emerging as the most common attack methods. Together, these forms of fraud account for more than 90% of the incidents the company has tracked. Beyond the immediate financial damage, KuCoin said these attacks can also erode confidence and leave a lasting mark on how users perceive platform safety.　　That threat landscape is part of what pushed the company to make anti-phishing efforts a more central part of its broader security strategy. With cybersecurity awareness events such as World Information Security Day, World Password Day, and initiatives supported by the International Telecommunication Union taking place in May, KuCoin is using the moment to

05-07Industry

OpenTrade Raises $17 Million to Expand Stablecoin Yield Platform

Tech　　OpenTrade Raises $17 Million to Expand Stablecoin Yield Platform　　OpenTrade, an institutional-grade platform for onchain and real-world asset (RWA)-backed lending and stablecoin yield products, has raised fresh capital to expand its yield infrastructure.　　The platform secured $17 million in its latest strategic funding round led by Mercury Fund and Notion Capital, OpenTrade said in a Wednesday announcement seen by Cointelegraph.　　The new funding will support the continued expansion of OpenTrades permissioned and permissionless yield infrastructure, as well as the growth of its vault-focused service Curation+, CEO David Sutter told Cointelegraph.　　“The company also plans to expand its asset management and trading team, increase engineering capacity, and build a dedicated customer success function to support its growing client base,” Sutter said.　　CEO positive on regulation amid CLARITY Act debate over stablecoin rules　　The raise comes as US lawmakers debate how stablecoin rewards should be regulated under the CLARITY Act, a broader digital asset market structure bill that has been delayed partly by disputes over whether crypto firms should be allowed to offer interest-like incentives on stablecoin balances. Sutter expressed optimism over recent progress around the stalled legislation.　　CLARITY is nearing a Senate Banking Committee vote after a compromise between crypto and banking stakeholders. The deal would allow usage-based

05-07Industry

Ethena Jumps 4% After Grayscale Adds It to DeFi Fund in Q1 Rebalancing

The post Ethena Jumps 4% After Grayscale Adds It to DeFi Fund in Q1 Rebalancing appeared first on Coinpedia Fintech News　　Ethena Jumps 4% After Grayscale Adds It to DeFi Fund in Q1 Rebalancing　　Grayscale Investments reshuffled its crypto portfolios this week as part of its Q1 2026 fund rebalancing. The firm removed Aerodrome Finance from its DeFi Fund and replaced it with Ethena, a yield-focused decentralized finance protocol.　　Ethena rose 4.33% in the last 24 hours following the announcement. Grayscale also made adjustments to its Smart Contract Fund, though no new assets were added to that portfolio.　　Ethena Replaces Aerodrome　　The biggest change came in Grayscales DeFi Fund. Following the CoinDesk DeFi Select Index methodology, the firm sold AERO and portions of other existing holdings to purchase ENA.　　As of May 1, 2026, the fund holdings stood at:Uniswap (UNI) – 35.22%Aave (AAVE) – 21.36%Ondo (ONDO) – 19.83%Ethena (ENA) – 13.59%Curve (CRV) – 5.27%Lido DAO (LDO) – 4.73%　　Smart Contract Fund Stays Focused on Layer 1s　　Grayscale also adjusted the weightings of its Smart Contract Fund using the CoinDesk Smart Contract Platform Select Capped Index methodology. Unlike the DeFi Fund, no assets were removed or added.　　The updated allocations are:Ethereum (ETH) – 30.14%Solana (SOL) – 29.69%Cardano (ADA) – 17.96%Avalanche

05-07Industry

UN: Ad spending tops $1T but AI risk fueling misinformation

Tech　　UN: Ad spending tops $1T but AI risk fueling misinformation　　Global advertising spending topped $1 trillion annually, according to the United Nations (UN), but the untapped power of major brands to shape the future of artificial intelligence (AI) could fail to act and deepen global information integrity.　　In a new brief, the UN, together with the Department of Global Communications and the Conscious Advertising Network, reiterated that unchecked AI adoption in advertising can accelerate risks across the whole digital information ecosystem.　　The brief, titled “Strengthening Information Integrity: Advertising, Artificial Intelligence and the Global Crisis,” noted that the advertising sector plays a significant role in how information flows online, with its “spending decisions influencing which content is produced, amplified and monetised.” As AI tools become more popular and embedded in content generation and media buying, the risk of spreading false information may increase.　　“People are increasingly relying on AI to make decisions and shape their understanding of the world without the literacy or information needed to assess its safety and reliability. These dynamics are compounded by the use of AI to create and distribute false and hateful content at scale, contributing to a broader erosion of trust in information sources,” the UN warned. “Advertising may

05-07Industry

Token Terminal And Aether Network Partner To Accelerate DeFi Utilities With Scalable Cross-Chain Analytics

As part of efforts to advance the way users access on-chain information with improved availability, scalability, and stability of decentralized applications, Token Terminal, a crypto data analytics platform, today entered into a strategic partnership with Aether Network, a modular blockchain platform that has expertise in easing the processing of decentralized applications. The collaboration enabled Token Terminal to integrate Aether Networks modular blockchain infrastructure to provide its crypto analytics platform with better executions, secure communication, and strong multichain transaction capabilities.　　Token Terminal is an established cryptocurrency analytics platform that has expertise in converting raw blockchain data into on-chain intelligence, providing investors and traders with knowledge and insights about the crypto and DeFi markets.　　Together, were building a stronger and more connected Web3 ecosystem.　　Aether Network x @tokenterminals — powering the next generation of decentralized innovation.#AetherNetwork #Partnership #Web3 #Blockchain pic.twitter.com/cYi1sBOAu6　　— Aether Network (@NetworkAethers) May 6, 2026　　Token Terminal Expanding DeFi Capabilities With Aether Network　　The partnership above enabled Token Terminal to integrate Aether Network‘s modular blockchain infrastructure to enhance cross-chain functionality for its crypto platform’s on-chain analytics services. Aether Network is an innovative modular blockchain platform that has a special capability in improving the efficiency and scalability of decentralized applications. Its modular blockchain infrastructure allows decentralized applications

05-07Industry

Dominance of Tether and Circle is a net bad for stablecoins, says Bridge executive

Miami Beach — The stablecoin universe, dominated by Tether and Circle, hampers competition that could lead to better product-market fit for some important use cases, according to Ben O‘Neill, Bridge’s head of money movement.　　“I think it‘s a net bad for the growth of stablecoins as a whole, because you have two counterparties that have pros and cons to what they’ve built, and the design choices they‘ve made. But they don’t work for every use case,” ONeill said on a panel about stablecoin growth at Consensus Miami.　　Tether‘s USDT, with its gargantuan market capitalization of approximately $189.5 billion, and Circle’s USDC, which has grown to around $71 billion, each emerged at different generational eras in the crypto evolution.　　Tether, launched in 2014 as Realcoin, won the Chinese export trade, ONeill said, and built this shadow economy of dollars that people can use without the U.S. financial system. Circle, launched in association with Coinbase in 2018, sought to do the exact opposite: a U.S.-regulated stablecoin, which later leaned hard into decentralized finance (DeFi).　　For ONeill, the perspective of a large payments firm, such as Bridge-owner Stripe, illustrates the shortcomings of the two dollar-pegged token giants.　　“As a payments company, I need certainty on how things are

05-07Industry

Hut 8 Stock Soars 35% Despite Massive $253M Quarterly Loss

Tech　　Hut 8 Stock Soars 35% Despite Massive $253M Quarterly Loss　　Quarterly revenue fell to $71 million, below analyst expectations, but sentiment improved after Hut 8 announced a $9.8 billion, 15-year AI infrastructure deal involving 352 megawatts of leased power capacity.　　Hut 8 Defies Earnings Loss　　Shares of on Wednesday despite the company reporting a net loss of over $253 million for the first quarter of 2026. Investors appeared to focus more on the firms long-term expansion plans and exposure to artificial intelligence infrastructure rather than the quarterly loss itself.　　According to the company‘s , the loss was largely tied to a decline in the market value of its . Bitcoin experienced a lot of volatility over the period, and dropped from highs above $126,000 in October to lows near $60,000 in February. This decline negatively impacted the value of Hut 8’s reserves and weighed heavily on its financial results.　　The company generated more than $71 million in revenue during the quarter, which was a decline of around 22% compared to the previous quarters $88.4 million. The figure also came in below analyst expectations, as FactSet forecasts estimated quarterly revenue closer to $78.5 million.　　Despite the weaker earnings performance, market sentiment improved after Hut 8 a major

05-07Industry

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