cryptocurrency

Crypto News

Decentralized Exchange THORChain Launches Refund Portal After $10M Security Breach
ByBD News Desk May 17, 2026

Cross-chain liquidity protocol THORChain has activated a dedicated claims portal following confirmation of a ten million dollar security incident affecting users on multiple blockchain networks. The decentralized exchange announced the recovery mechanism enables victims to withdraw malicious smart contract permissions and retrieve their stolen funds. The breach impacted participants operating across four separate blockchain ecosystems,…

Read More Decentralized Exchange THORChain Launches Refund Portal After $10M Security Breach
Crypto News

Malta Strikes Historic Deal: Free Premium ChatGPT for Citizens Through National AI Education Program
ByBD News Desk May 17, 2026

Malta has become the first nation globally to secure a partnership arrangement that provides its entire population with complimentary premium-tier ChatGPT subscriptions. The unprecedented collaboration between OpenAI and the Mediterranean island nation will grant residents access to ChatGPT Plus benefits for twelve months, contingent upon finishing an officially sponsored artificial intelligence training curriculum. The initiative…

Read More Malta Strikes Historic Deal: Free Premium ChatGPT for Citizens Through National AI Education Program
Crypto News

Analysts Call Recent Bitcoin Dip Below $78K a False Signal as Traders Stay Optimistic
ByBD News Desk May 17, 2026

Bitcoin has slipped beneath the $78,000 threshold for the first time in over two weeks, marking its lowest point since early May. Despite the decline, market participants are maintaining a bullish outlook and rejecting the notion that a sustained downturn is underway. Several traders and analysts are characterizing the recent price action as a potential…

Read More Analysts Call Recent Bitcoin Dip Below $78K a False Signal as Traders Stay Optimistic
Crypto News

MicroStrategy Plans $1.5 Billion Buyback of 2029 Convertible Debt Instruments
ByBD News Desk May 17, 2026

MicroStrategy has announced its intention to buy back $1.5 billion worth of convertible notes scheduled to mature in 2029, according to recent reports. These financial instruments represent a unique form of corporate debt that doesn’t pay traditional interest to bondholders. Instead, the notes feature a zero-percent coupon rate, meaning investors receive no periodic interest payments…

Read More MicroStrategy Plans $1.5 Billion Buyback of 2029 Convertible Debt Instruments
Crypto News

Bhutan Denies Bitcoin Sales Despite Blockchain Data Showing $1B in Transfers
ByBD News Desk May 17, 2026

The Himalayan kingdom of Bhutan has publicly contradicted blockchain analytics suggesting massive cryptocurrency liquidations from government-controlled wallets. While on-chain tracking firm Arkham Intelligence documented more than one billion dollars worth of bitcoin moving from addresses linked to the nation over the past twelve months, Bhutanese officials maintain no actual sales occurred. The transfers reportedly went…

Read More Bhutan Denies Bitcoin Sales Despite Blockchain Data Showing $1B in Transfers
Crypto News

Bitcoin Dip to $78K Triggers Half-Billion Dollar Liquidation Wave
ByBD News Desk May 17, 2026

Cryptocurrency markets experienced significant turbulence overnight as leveraged positions worth approximately half a billion dollars were wiped out. Bitcoin retreated to the $78,000 level while alternative cryptocurrencies including Solana and XRP suffered declines exceeding five percent during the session. The liquidation event predominantly affected traders holding long positions, forcing automatic closures as prices moved against…

Read More Bitcoin Dip to $78K Triggers Half-Billion Dollar Liquidation Wave
Crypto News

Senate Committee Pushes CLARITY Act Forward as XRP Surges 5% Past Bitcoin
ByBD News Desk May 17, 2026

XRP posted a 5% gain following a Senate committee’s decision to advance the CLARITY Act, a market-structure bill designed to establish clearer regulatory frameworks for digital assets. The token’s performance outpaced Bitcoin during the same trading period, signaling renewed investor confidence in assets that could benefit from legislative certainty. The CLARITY Act has been widely…

Read More Senate Committee Pushes CLARITY Act Forward as XRP Surges 5% Past Bitcoin
Crypto News

KelpDAO’s $293M Exploit Marks Turning Point as DeFi Confronts Systemic Complexity Crisis
ByBD News Desk May 17, 2026

The recent breach affecting KelpDAO, resulting in losses totaling $293 million, represents more than just another security incident in decentralized finance. Industry experts and protocol developers are increasingly recognizing that the attack highlights a fundamental transformation in the threats facing the sector. The days when simple smart contract vulnerabilities dominated the risk landscape appear to…

Read More KelpDAO’s $293M Exploit Marks Turning Point as DeFi Confronts Systemic Complexity Crisis
Crypto News

DeFi Insurance Sector Crumbles as Traders Prioritize High Returns Over Security
ByBD News Desk May 17, 2026

The decentralized finance insurance industry, which launched with grand promises during the 2020 cryptocurrency surge, has largely failed to gain traction among users who consistently favor higher returns over safeguarding their assets. This preference has left billions of dollars in digital assets vulnerable to security breaches and exploits. When DeFi insurance platforms first emerged, they…

Read More DeFi Insurance Sector Crumbles as Traders Prioritize High Returns Over Security
Crypto News

Solana’s Firedancer Client Progresses With Cautious Deployment Strategy, Jump Crypto Confirms
ByBD News Desk May 17, 2026

Jump Crypto’s highly anticipated Firedancer validator client for Solana is advancing through a deliberate, measured implementation process according to the project’s lead engineer. The alternative client software, designed to diversify Solana’s validator infrastructure, has been one of the blockchain community’s most closely watched developments. Rather than rushing to market, the development team is prioritizing stability…

Read More Solana’s Firedancer Client Progresses With Cautious Deployment Strategy, Jump Crypto Confirms
Crypto News

Interest Rate Fears May Dampen Crypto’s Recent Regulatory Momentum
ByBD News Desk May 16, 2026

The cryptocurrency sector’s recent optimism from improved regulatory conditions could face a challenge as concerns mount over potential monetary policy shifts. Market participants who have celebrated clearer regulatory frameworks in recent months now must contend with the possibility that central banks may adjust their interest rate strategies, potentially creating headwinds for digital assets. The tension…

Read More Interest Rate Fears May Dampen Crypto’s Recent Regulatory Momentum
Crypto News

Crypto Exchange OKX Eyes South Korean Entry Through Potential Coinone Stake Deal
ByBD News Desk May 16, 2026

Major cryptocurrency exchange OKX is reportedly negotiating with Korea Investment and Securities to acquire a significant minority stake in Coinone, one of South Korea’s established digital asset platforms. The discussions center around a potential 40% ownership position that would give OKX a strategic foothold in one of Asia’s most lucrative crypto markets. South Korea represents…

Read More Crypto Exchange OKX Eyes South Korean Entry Through Potential Coinone Stake Deal