Chainlink active addresses reach 8-month high as DeFi protocols migrate $700M in assets

Tech  Chainlink active addresses reach 8-month high as DeFi protocols migrate $700M in assets  Chainlink just recorded its busiest stretch in eight months, driven by a sharp rise in on-chain activity following major infrastructure migrations into its cross-chain ecosystem.  On May 9, the network recorded 282,170 unique active LINK addresses, followed by 264,090 on May 10, the highest level since September 2025, according to Santiment data.  ???? ChainLink just recorded its two highest address activity days in 8 months. On May 9th, 282,170 unique LINK addresses were active on the network, followed by 264,090 on May 10th. The network hasnt seen these levels since September, 2025. When a metric like this erupts this… pic.twitter.com/qgQiiDI7EY  — Santiment Intelligence (@SantimentData) May 11, 2026  The spike came shortly after Solv Protocol announced plans to migrate more than $700 million in tokenized Bitcoin assets, including SolvBTC and xSolvBTC, from LayerZero infrastructure to Chainlinks Cross-Chain Interoperability Protocol (CCIP) after conducting a security review following the April Kelp DAO exploit.  Kelp DAO also announced plans to migrate its rsETH infrastructure to Chainlink‘s CCIP. These moves represent a major shift of institutional-scale DeFi infrastructure toward Chainlink’s cross-chain ecosystem and likely contributed to the surge in network activity and smart contract interactions.  The rise in address

05-14Industry

Japans Metaplanet Posts $725M Q1 Loss as Bitcoin Stack Reaches 40,177 BTC – Bitcoin News

Bitcoin  Japans Metaplanet Posts $725M Q1 Loss as Bitcoin Stack Reaches 40,177 BTC – Bitcoin News  The company announced that its total holdings reached 40,177 as of March 31, 2026. This milestone solidifies Metaplanets standing as the leading publicly traded treasury outside of the U.S. markets. During the three-month period ending March 31, the company aggressively utilized capital markets to stack sats, conducting third-party allotments in February and March that generated over ¥53,038 million ($336.11 million) in total proceeds.  Despite the growth in its underlying assets, the companys bottom line took a significant hit due to accounting requirements. Metaplanet reported a quarterly net loss of ¥114,493 million ($725.56 million). Company officials noted that the loss was primarily driven by non-operating expenses related to non-cash valuation losses of ¥116,356 million ($737.36 million) as market prices corrected during the quarter.  Operating results told a different story, reflecting the success of the companys new revenue streams. Net sales jumped 251.1% year-on-year to ¥3,080 million ($19.52 million). This growth was fueled by the Income Generation business, which leverages the treasury to earn option premiums. Operating profit followed suit, climbing 282.5% to ¥2,267 million ($14.37 million).  CEO Simon Gerovich highlighted the firms commitment to its “ Standard,” which was first

05-14Industry

Bitcoin price just lost $80k because US PPI hit 6% matching 2022 levels, stoking inflation fears

Bitcoin  Bitcoin price just lost $80k because US PPI hit 6% matching 2022 levels, stoking inflation fears  Bitcoin just fell below $80,000 as a hotter-than-expected US inflation print pushed crypto and equities lower.  Bitcoin price feels hot inflation impact  BTC price slipped from the low $81,000 area into $79,706, with the session low marked near $79,557. The break turned $80,000 from a round-number reference into the first tactical line for intraday structure.  Bitcoin price decline alongside rising US Treasury yields, oil prices, and US dollar index  The move followed the April US Producer Price Index. Final demand PPI rose 1.4% month over month, far above the 0.5% consensus and the prior 0.7% reading.  The annual rate accelerated to 6.0% from 4.3%, above the 4.9% consensus. Core PPI rose 1.0% month over month against expectations for 0.3%, while core PPI year over year moved to 5.2% from 4.0%.  Trading Economics data also shows the narrower measure excluding food, energy, and trade services also firmed, rising 0.6% month over month and 4.4% year over year.  PPI data (source: Tradingeconomics)  The PPI surprise followed yesterdays CPI report, in which headline consumer inflation accelerated to 4.8% year over year from the prior 3.3% reading, above expectations of 4.5%.  Bitcoin was waiting for cuts. Hot CPI

05-14Industry

‘Ahsoka’ Season 1 And 2’s Revealed Release Date Gap Is Totally Absurd

While many shows are vocally trying, and occasionally succeeding, to get release date gaps shorter between seasons, over in Disney Plus Star Wars land, they are not even remotely close when it comes to Dave Filonis .  Per Disney upfronts, its been revealed that has been pushed to “early 2027,” which will make this likely at least a 3.5-year gap, if not closer to 4, depending on what “early” means, or if early even happens at all. Filming of season 2 wrapped in October 2025, meaning that post-production is going to be at least a year-and-a-half, which is frankly ridiculous, even for a show.  At upfronts, new footage was shown from the upcoming season, including more of Hayden Christensen returning as Anakin Skywalker, as he did in flashbacks/dream sequences in season 1. is the manifestation of Dave Filoni bringing a lot of his characters to life in live-action, though fans aren‘t wild about it, giving it an almost-rotten 64% Rotten Tomatoes score. Critics gave it a higher 86%, but that’s the sixth-highest Disney Plus Star Wars series behind and  Why is taking so long? Outside of the usual “some big shows just take forever in 2026” issue that plagues large chunks of the

05-14Industry

JPMorgan Files JLTXX Tokenized Treasury Fund on Ethereum

JPMorgan filed JLTXX, a tokenized money market fund backed by U.S. Treasuries on Ethereum.Ethereum gained further institutional attention as firms expanded tokenized Treasury activity.IMF warned that tokenized markets may face legal and settlement risks during stress conditions.  JPMorgan expanded its blockchain-based finance operations after filing for a new tokenized money market fund intended to support stablecoin reserve management under the proposed GENIUS Act framework. The filing also added to growing institutional activity linking stablecoin liquidity with tokenized U.S. Treasury products on Ethereum.  The banks asset management division submitted paperwork for the JPMorgan OnChain Liquidity-Token Money Market Fund, which will trade under the ticker JLTXX. According to the filing, the fund will issue digital tokens on the Ethereum blockchain that represent ownership in a portfolio backed by U.S. Treasuries and repurchase agreements. The filing stated that the underlying assets will remain with a traditional custodian.  JPMorgan reported that investors will be able to hold the tokens in digital wallets, transfer them between participants, or use them as collateral in crypto-related markets. Settlement times are also expected to occur within minutes, rather than the standard one-to-two-day process used in traditional fund structures.  Ethereum Continues Attracting Tokenized Treasury Activity  The JLTXX filing follows JPMorgans earlier blockchain-linked investment product,

05-14Ethereum

Ethereum L2s Successfully Deploy NIST-Standard Security

On May 12, 2026, the leading Ethereum Layer-2 networks, including Optimism, Arbitrum, and Base, announced the successful completion of the “Quantum Shield” upgrade.   This coordinated hard fork marks the first large-scale deployment of Post-Quantum Cryptography (PQC) standards, specifically integrating the NIST-approved ML-KEM (Kyber) and ML-DSA (Dilithium) algorithms into their rollup architectures.  This move was accelerated following the “April Scare,” when a state-sponsored quantum research group in East Asia demonstrated a record-breaking number of stable qubits, theoretically capable of cracking the ECDSA (Elliptic Curve Digital Signature Algorithm) that has secured most blockchains for over a decade. The upgrade allows users to migrate their assets to “Quantum-Safe Accounts” that utilize lattice-based signatures, which are currently believed to be resistant to quantum-shors algorithm attacks.  The transition wasnt without friction; gas fees on L2s spiked by 12% during the migration window due to the larger size of quantum-resistant signatures.  However, the successful patch has restored institutional confidence. “The ledger is only as good as its longevity,” noted a lead researcher at the Ethereum Foundation.  By patching the “Quantum Hole” now, the industry is ensuring that the trillions of dollars in tokenized real-world assets (RWAs) currently being moved on-chain will remain secure well into the 2030s.

05-14Ethereum

Solana price climbs toward overbought zone, can buyers push past $100?

However, the broader structure still appears constructive as SOL continues trading above the strong pivot reversal zone near $93.75 while remaining well above the key long-term support area around $75, where buyers previously stepped in aggressively during earlier corrections.  A look at the Aroon indicator also reinforces the bullish outlook. Notably, the Aroon Up indicator currently stands above 85% while the Aroon Down remains near 0%, signaling that bullish momentum continues dominating the short-term trend.  Meanwhile, Solana is now approaching the 7/8 Murrey Math resistance level near $96.88, which is often considered a weak resistance and potential reversal zone. A successful breakout above that level could strengthen bullish momentum and potentially open the door for a move toward the psychological $100 mark, followed by the $103 and $106 resistance zones.  Still, momentum appears to be gradually approaching overbought territory after SOLs sharp rebound over the past several weeks. Failure to hold above the $93–$94 region could weaken the bullish structure and potentially trigger a temporary pullback toward the $90 support zone before another breakout attempt emerges.  For now, traders remain focused on whether Solana can establish a decisive move above $100, which could significantly strengthen the broader bullish structure heading into the second half

05-14Industry

$6.75 billion stolen since 2016: CertiK flags North Korea as cryptos biggest theft threat

Crypto  $6.75 billion stolen since 2016: CertiK flags North Korea as cryptos biggest theft threat  The May 12 report by CertiK has put every crypto project and exchange on alert after the blockchain security firm pointed out the scale of the damage that North Korean hackers have masterminded since 2016. The results are in, and the picture is grim: an estimated $6.75 billion in cryptocurrency has been lost across 263 incidents.   Certiks report landed just days after TRM Labs implicated North Korean actors for about 76% of the money lost to crypto hacks through April 2026. Just as in 2025 when they hit Bybit for $1.5 billion, DPRK actors were named in the KelpDAO and Drift Protocol hacks, two of the largest exploits in 2026.  DPRK hackers have become a problem for the crypto sector. Source: CertiK.  Most notably, neither of the reports from the security intelligence firms implied that crypto‘s most persistent and costly adversary is slowing down. North Korea’s hackers are moving with better precision, causing far more losses in fewer incidents.  North Korean hackers cash bigger payouts on fewer attacks  According to CertiKs report, North Korean-linked actors were behind just 12% of total crypto theft incidents and roughly 60% of all stolen value

05-14Industry

Ethereum Price Prediction: JPMorgan Builds On Ethereum While BlackRock Pulls $102M Out In One Day

JPMorgan filed to launch JLTXX, a second tokenized Treasury fund on Ethereum, structured to qualify as a reserve asset under the GENIUS ActETH spot ETFs recorded $130.62M in outflows on May 12, led by BlackRocks ETHA at $102.04M, as total net assets slipped to $13.39BVolume rose 12.32% to $38.86B with open interest up 3.69%, while shorts absorbed $9.01M in 24h liquidations against $48.77M for longs  Ethereum trades at $2,300 on May 13, holding inside a rising wedge on the daily chart as JPMorgan files its second tokenized Treasury fund on the network and spot ETFs post their largest single-day outflow in weeks.  ETH Daily Chart: Wedge Tightening Below the SAR and 100 EMA  The daily chart shows ETH recovering inside a rising wedge since the February low near $1,800. Price has reclaimed the 20 EMA at $2,311 and 50 EMA at $2,275, both now sitting as dynamic support. The 100 EMA at $2,341 is the immediate ceiling, with the Parabolic SAR at $2,420 bearish and overhead.  The wedge is narrowing. Upper rail is approaching near $2,400, lower rail holding near $2,200. Price has been oscillating inside this range since April without a clean directional break. Until ETH closes a daily candle above the SAR

05-14Ethereum

Oil Pulls Back as Trump-Xi Summit Keeps Markets on Edge

Tech  Oil Pulls Back as Trump-Xi Summit Keeps Markets on EdgeBrent crude fell 1.39% to $106.27, snapping a three-day rally on ceasefire uncertainty.EIA expects the Strait of Hormuz to stay closed through late May, shrinking global supply by 2.6 million bpd.Trump-Xi summit progress could ease oil prices, while renewed Hormuz tensions may push Brent toward $120.  Oil prices fell on Wednesday, breaking a three-day rally as investors took stock of a fragile Middle East ceasefire and positioned cautiously ahead of the Trump-Xi summit in Beijing. Brent crude futures declined 1.39% to $106.27 per barrel, while US West Texas Intermediate fell 1.53% to $100.62.  The Hormuz Problem Has Not Gone Away  The day-to-day price move masks a more serious structural problem. Iran‘s Kharg Island shipments, which handle a significant share of the country’s oil exports, have been halted for the longest continuous stretch since the war began. Saudi Aramco has warned of critically low fuel stocks.  The US Energy Information Administration (EIA) said on Tuesday it now expects the Strait to remain effectively closed through late May. The EIA estimates global oil stockpiles could shrink by 2.6 million barrels per day this year under current conditions, with Brent prices averaging around $106 per barrel through May

05-14Industry
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