Latest Crypto News & Market Updates

Khameneis death fuels speculation on Iran leadership change by year-end

## Market Snapshot　　Market: Iran Leadership Change. Current pricing: December 31 at 34.5% YES, May 31 at 5.5% YES. Recent trend: December 31 odds have increased from 30% over the past week.　　## Key Takeaways　　– Sheikh Qassim‘s tribute to Ayatollah Khamenei suggests continuity in Iran’s regional ideological influence. – The confirmation of Khamenei‘s death is consistent with an increased likelihood of Iran’s leadership change. – Market pricing implies significant anticipation of leadership change in Iran by the end of the year.　　## Article Body　　Bahraini senior cleric Ayatollah Sheikh Isa Qassim praised the late Iranian Supreme Leader Ayatollah Seyyed Ali Khamenei during a Tehran event, highlighting Khamenei‘s role in revitalizing Islamic values among the Ummah. Khamenei, who led Iran since 1989, passed away recently, and his death has sparked discussions about the future of Iran’s leadership. Sheikh Qassim‘s remarks underscore the influence Khamenei had in aligning Shia communities across the region despite political tensions with Bahrain’s Sunni-led government. Khameneis leadership was marked by his support for Shia groups in various Middle Eastern conflicts, and his death leaves questions about succession and future policy directions in Iran.　　## Market Interpretation　　The news of Ayatollah Khamenei‘s death and the subsequent eulogies appear to have a high impact on

05-15Industry

BSC Adopts Post-Quantum Cryptography with ML-DSA-44 Upgrade

BNB Chain (BSC) has implemented a significant upgrade to its cryptographic framework, integrating post-quantum cryptography (PQC) to future-proof its transaction and consensus layers against emerging threats from quantum computing. The migration involves adopting ML-DSA-44, a lattice-based signature scheme standardized by NIST in 2024, and pqSTARK aggregation for consensus, according to a detailed migration report published on May 14, 2026.　　The upgrade addresses vulnerabilities tied to Shors algorithm, which could eventually break elliptic-curve cryptography (ECC) used in most blockchains today. While quantum computers capable of such attacks are estimated to be 10–20 years away, this move positions BSC as an early adopter of quantum-resistant infrastructure, alongside networks like NEAR and TRON, which have also begun PQC integrations in 2026.　　Key Migration Details　　Under the new framework, transaction signatures on BSC transition from ECDSA (secp256k1) to ML-DSA-44, while consensus vote aggregation now uses pqSTARK. However, these changes come with performance trade-offs:Transaction size: Increases from 110 bytes to ~2.5 KB, significantly expanding block sizes from ~130 KB to ~2 MB at equivalent throughput.Throughput: Network tests show a 40–50% reduction in transactions per second (TPS) due to the larger size of post-quantum signatures.Compression: Despite the larger data payload, pqSTARK achieves a 43:1 aggregation ratio, enabling efficient consensus-layer

05-15Industry

Thorchain Hack Drains $10M – ZachXBT Reports

The post Thorchain Hack Drains $10M – ZachXBT Reports appeared first on Coinpedia Fintech News　　THORChain, a cross-chain crypto trading protocol, was hit by a major hack that may have stolen over $10 million in digital assets across Bitcoin, Ethereum, BNB Chain, and Base.　　The attack sparked panic in the DeFi market, causing THORChains native token RUNE to drop more than 14% shortly after the exploit.　　ZachXBT Flags Suspicious Multi-Chain Activity　　The first warnings came from on-chain investigator ZachXBT, who reported suspicious activity linked to THORChains router infrastructure.　　According to ZachXBT, attackers moved roughly $7.2 million worth of assets including USDT, USDC, and wrapped Bitcoin across multiple blockchain networks before swapping them into ETH.　　The stolen funds were reportedly spread across Bitcoin, Ethereum, BNB Chain, and Base.　　Initial estimates suggested losses exceeded $7.4 million, but ZachXBT later updated the figures, saying the total stolen amount may now exceed $10 million.　　Another blockchain security firm, PeckShield, also confirmed the exploit, estimating that attackers stole around 36.75 BTC worth nearly $3 million, along with another $7 million in assets from the Ethereum, BNB Chain, and Base ecosystems.　　Arkham Tracks Exploiter Wallets　　Meanwhile, Arkham Intelligence labeled the suspicious wallets as “THORChain Exploiter” addresses while tracking millions of dollars in connected assets.　　Data shared by

05-15Industry

Why IPO Genie Is Quietly Becoming One of 2026’s Most Discussed Presales

Early Bitcoin and Ethereum investors benefited from one thing most independent investors lacked: early access. IPO Genie $IPO is positioning itself around a similar idea bringing earlier exposure to private market opportunities through tokenization and AI-driven research.　　Here is what is actually changing. Private market tokenization is opening access to a category of deals that retail investors have never had before.IPO Genie is one of the top verified presales building infrastructure around that shift in Q2 2026.　　Key TakeawaysMain street investors now have a structured path into private market deals through tokenizationIPO Genie is an AI-powered presale with dual smart contract audits and a verified deal callThe $IPO token unlocks tiered platform access, staking rewards, and governance rightsThe presale is live and　　What Does “Most Discussed” Actually Mean For a Crypto　　Most discussed doesnt mean loudest. It means consistently showing up in the right conversations.　　While celebrity-backed presales burned bright and faded, IPO Genie kept appearing in research-driven circles. Independent analysts, crypto researchers, and early-access communities kept bringing it up.　　That kind of organic attention is hard to manufacture. It usually means something real is being built.　　And what is being discussed is not hype, but that it is a pre-IPO access platform. Specifically, access to private

05-15Industry

X Algorithm Repo Sits at One Commit 4 Months After Open-Source Promise

Four months after Elon Musk pledged to open-source Xs recommendation algorithm and refresh it every four weeks, the official xai-org repository still shows one commit. Crypto users are calling the release theater, not transparency.　　The promise dates to January 10, when Musk said the code would publish within seven days and refresh monthly with detailed developer notes. The repository went live on January 17 and has not been touched since.　　Promised Monthly Updates Never Arrived　　The xai-org/x-algorithm repository contains four components, written 62.9% in Rust and 37.1% in Python. None has received a follow-up commit.　　The developer notes Musk promised alongside each refresh have not appeared either. A similar 2023 release from the old twitter/the-algorithm repo received the same complaints before going dormant.　　The latest ???? algorithm has been published to GitHub　　— Elon Musk (@elonmusk) May 15, 2026　　That silence lands during the same months crypto users have logged repeated complaints about suppressed reach on the platform.　　“The algorithm is the worst it‘s ever been. All I see is politics, rage bait, engagement bait and like 10% crypto content. Communities are dying and this app is becoming Instagram 2.0 when infact it’s best feature was the fact communities formed around topics and you stayed largely within that

05-15Industry

Gemini Revenue Jumps 42% With Credit Cards and New Licenses

Other crypto exchanges have been eyeing business outside of digital assets. Coinbase has aggressively expanded into stock and ETF trading with a goal to become an “everything exchange,” while Kraken has made enabling it to expand into regulated derivatives markets.　　Total operating expenses increased　　Alongside revenue growth, Gemini also reported a 73% increase in total operating expenses to $144.5 million in the quarter. This was driven primarily by “compensation, marketing and credit card-related costs associated with the significant business expansion,” the company said.　　Gemini reported an adjusted EBITDA loss of just under $60 million.　　Gemini also disclosed Thursday that it closed a $100 million strategic investment from Winklevoss Capital in exchange for 7.1 million shares of common stock, with the investment funded in .　　Path to becoming a full-stack, end-to-end marketplace　　In April, the company received a Derivatives Clearing Organization license from the US Commodity Futures Trading Commission, making Gemini one of only a handful of crypto-native platforms in the country to hold both a Designated Contract Market and a DCO license in-house.　　“This all represents the next step towards Gemini becoming a full-stack, end-to-end marketplace for crypto trading, predictions, futures, options, and more,” the firm stated.　　Geminis (GEMI) gained 6.9% on Thursday to reach $4.92 in after-hours

05-15Industry

CoreWeave (CRWV) Stock Drops 22% as Executives Offload $64M in Shares

CoreWeave, Inc. Class A Common Stock, CRWV　　On May 12, Chief Executive Officer Michael Intrator disposed of 200,000 shares at a weighted average transaction price of $105.67, generating proceeds of approximately $21.1 million. The divestiture occurred through a Rule 10b5-1 trading arrangement that Intrator had established beforehand — a mechanism specifically created to eliminate subjective decision-making regarding the timing of executive stock transactions.　　Following this sale, Intrator maintains a significant position in the company. His direct holdings total approximately 4.47 million shares, representing a current market value around $472 million. The transaction reduced his ownership position by 4.29%.　　Regulatory disclosures the next day showed Chief Strategy Officer Brian Venturo had sold 374,000 shares on May 11, generating total proceeds of $43.4 million. These shares changed hands at prices spanning from $112.56 to $119.18 — notably higher than the stock‘s present trading level. Venturo’s transactions also occurred under a predetermined 10b5-1 arrangement established in November 2025.　　Venturos disposal involved 299,000 shares transacted through West Clay Capital LLC, an entity under his control, with the balance of 75,000 shares coming from a family trust arrangement.　　Shares Experience 22% Weekly Decline　　These executive transactions unfolded during a challenging period for the security. CRWV shares have retreated approximately 22% during

05-15Industry

Babylon Bitcoin staking hits $4 billion TVL milestone

Babylon Bitcoin staking has hit a new milestone, reaching $4 billion in total value locked just one year after launch and giving fresh momentum to a long-running crypto goal: making Bitcoin useful in DeFi without asking holders to leave the Bitcoin network behind.　　That number matters because Babylon is not pitching another wrapped-Bitcoin workaround. Instead, the protocol lets users stake Bitcoin directly from the Bitcoin network, with no wrapping or bridging required. Bitcoin stays locked on its native chain throughout the staking process, while transactions remain publicly verifiable.　　For a market that has spent years debating whether Bitcoin can become productive without adding bridge risk, Babylon Bitcoin staking is drawing attention for a simple reason: it is trying to turn the biggest crypto asset into working collateral while preserving its core security assumptions.　　Babylon Bitcoin staking reaches $4 billion TVL　　The $4 billion TVL figure marks a notable point for Babylon one year after launch. It suggests strong demand for Bitcoin staking models that do not depend on moving coins into another ecosystem or converting them into wrapped assets.　　That is a bigger shift than the headline number alone suggests. For years, much of DeFi has revolved around Ethereum and assets built for smart-contract-heavy environments.

05-15Industry

Gemini Revenue Jumps 42% With Credit Cards and New Licenses

Other crypto exchanges have been eyeing business outside of digital assets. Coinbase has aggressively expanded into stock and ETF trading with a goal to become an “everything exchange,” while Kraken has made enabling it to expand into regulated derivatives markets.　　Total operating expenses increased　　Alongside revenue growth, Gemini also reported a 73% increase in total operating expenses to $144.5 million in the quarter. This was driven primarily by “compensation, marketing and credit card-related costs associated with the significant business expansion,” the company said.　　Gemini reported an adjusted EBITDA loss of just under $60 million.　　Gemini also disclosed Thursday that it closed a $100 million strategic investment from Winklevoss Capital in exchange for 7.1 million shares of common stock, with the investment funded in .　　Path to becoming a full-stack, end-to-end marketplace　　In April, the company received a Derivatives Clearing Organization license from the US Commodity Futures Trading Commission, making Gemini one of only a handful of crypto-native platforms in the country to hold both a Designated Contract Market and a DCO license in-house.　　“This all represents the next step towards Gemini becoming a full-stack, end-to-end marketplace for crypto trading, predictions, futures, options, and more,” the firm stated.　　Geminis (GEMI) gained 6.9% on Thursday to reach $4.92 in after-hours

05-15Industry

Billions Network Price Prediction: BILL Soars 186% as Bulls Eye Breakout Above $0.235

BILL clears key resistance as daily trading volume surpasses $2.18 billion markOpen interest doubled above $82 million as leveraged bullish bets increased rapidlyExchange outflows near $15 million signal continued investor accumulation trend　　Billions Network extended its explosive rally after buyers pushed the token above key resistance zones. The digital asset climbed more than 33% within 24 hours and posted weekly gains exceeding 186%. Trading activity also surged sharply, with daily volume crossing $2.18 billion as speculative demand strengthened across the broader market.　　The token traded near $0.227 after briefly testing the $0.235 region. Market capitalization now approaches $554 million, reflecting aggressive accumulation during the recent breakout phase. Besides, technical indicators continue supporting the bullish structure as momentum remains firmly tilted toward buyers.　　Technical Structure Supports Continued Momentum　　BILL continues trading above every major exponential moving average on the four-hour chart. The 20 EMA currently sits near $0.1878, while the 50 EMA holds around $0.1861. Additionally, the wider gap between price and the 100 EMA at $0.1424 highlights the strength of the ongoing trend.　　The market recently broke through several consolidation zones before reaching the upper Donchian Channel boundary near $0.2347. Consequently, traders now watch for a decisive move above $0.2350, which could trigger another bullish

05-15Industry