Latest Crypto News & Market Updates

CoinMarketCap Warns Users About Fake CMC Token Scam

Tech　　CoinMarketCap Warns Users About Fake CMC Token Scam　　The company confirmed it has never launched an official token or coin and said all such promotions are scams. CoinMarketCap also warned about impersonators using fake accounts, emails, messages, and branded links to target users. The alert comes amid growing phishing activity in the crypto sector.　　Crypto Users Warned Over Fake CoinMarketCap Coin　　CoinMarketCap issued a fresh to crypto users after scammers began promoting fake “CMC Tokens” and falsely claiming they were connected to the popular cryptocurrency tracking platform. The company made it clear that it has never launched an official token or coin and warned users that any project or advertisement suggesting otherwise should be treated as a .　　According to CoinMarketCap, fraudsters are using social media posts, advertisements, direct messages, and fake promotions to trick users into believing that the platform is introducing its own cryptocurrency. The company directly stated that “CoinMarketCap does NOT have a Token/Coin” and any promotion involving a so-called CMC token is fake.　　CoinMarketCap also more details about the growing issue of impersonation scams in the crypto industry. The company explained that scammers have been pretending to represent CoinMarketCap by contacting users through fake accounts, , and messages.　　In another public notice,

05-14Industry

BREAKING: First Eagle Becomes Strategy Incs (MSTR) Largest Investor, Surpassing Vanguard

Tech　　BREAKING: First Eagle Becomes Strategy Incs (MSTR) Largest Investor, Surpassing Vanguard　　First Eagle Investment Management discloses a massive investment in Bitcoin treasury firm Strategy Inc (NASDAQ: MSTR). The firm surpasses Vanguard Group to become the largest investor in Michael Saylors company as it raises funds to aggressively purchase Bitcoin.　　First Eagle Investment Management Invests $16.59 Billion in Strategy Inc　　In a 13F filing with the US SEC, New York City-based First Eagle Investment Management reported a $16.59 billion investment in Strategy Inc. The firm purchased 20 billion of Strategy Incs 0% convertible senior notes due 2030.　　Strategy position now represents 22% of First Eagle‘s investment portfolio. It indicates the firm’s confidence in MSTR stock amid corporate Bitcoin treasury. As CoinGape reported earlier, Strategy purchased Bitcoin worth $43 million after a week-long pause. The firm now holds 818,869 BTC valued at over $66 billion.　　Notably, First Eagle Investment Management has become the largest investor, surpassing Vanguard Group‘s $3.65 billion investment in MSTR stock. Vanguard has yet to disclose its updated MSTR stock holdings for Q1 2026. However, Vanguard Group’s Mid-Cap Value ETF (VOE) increased its stake in Strategy by $195 million.　　The firm also holds investments in Alphabet Inc, Becton, Dickinson Co, Wheaton Precious Metals, and Meta

05-14Industry

Keel Infrastructure reports Q1 2026 net loss of $145M, shifts focus to AI and HPC development

Tech　　Keel Infrastructure reports Q1 2026 net loss of $145M, shifts focus to AI and HPC development　　Keel Infrastructure, the company that used to go by Bitfarms, just posted a $145 million net loss for the first quarter of 2026. Thats the kind of number that makes shareholders reach for the antacids.　　The loss arrived alongside a 23% year-over-year revenue decline, with Q1 revenue landing at $37 million compared to $48 million in the same period last year. The company is in the middle of a sweeping transformation: abandoning Bitcoin mining in favor of artificial intelligence and high-performance computing infrastructure.　　What went wrong this quarter　　A $41 million decrease in the fair value of digital assets contributed significantly to the red ink. The company also absorbed $22 million in costs related to exiting a credit facility. And then there were the expenses tied to pulling out of Latin American operations entirely, including the sale of its Paso Pe site in Paraguay on April 21, 2026.　　Adjusted EBITDA came in at negative $17 million for the quarter. On a per-share basis, the loss worked out to $0.21, missing analyst expectations by roughly 400%.　　Between January 1 and May 8, 2026, the company sold 269 Bitcoin for approximately $20

05-14Industry

BNB price eyes double bottom pattern breakout, will it move past $700?

BNB price has formed a double bottom on the weekly chart — May 13 | Source: crypto.news　　Typically, a confirmed breakout above the neckline of a double bottom pattern signals a potential trend reversal and often opens the door for a rally equal to the height of the formation. Based on the current structure, a successful breakout above $680 could position BNB for a move toward the $780–$800 region in the coming months.　　A look at other technical indicators also supports the improving bullish outlook. The MACD histogram has started turning positive after weeks of fading bearish momentum, while the MACD line appears to be curling upward toward a bullish crossover. This suggests that buying momentum may gradually be returning.　　Meanwhile, the RSI has also rebounded from oversold territory and currently sits near the neutral 46 level, indicating that BNB still has room for additional upside before entering overbought conditions.　　The recent recovery is also notable because BNB had been under pressure in recent months amid renewed scrutiny surrounding Binances compliance operations in the U.S. That uncertainty contributed to weaker sentiment earlier this year, though price action now suggests sellers may be losing control near the $580 support zone.　　For now, the key resistance level

05-14Industry

3 Bear Market Moves That Can Pay Off

The post 3 Bear Market Moves That Can Pay Off appeared first on Coinpedia Fintech News　　“If I had only bought the dip” is the mantra that haunts all traders in a bull market. Now we are definitely in the dip, with market cap down nearly $900B over the last six months. Bitcoin is down 35% from its all-time high, Solana 68%, and BNB by 52%. Inexperienced traders get antsy, pull out their money, and miss out on some of the best ways to make significant gains with their holdings. This isn‘t really a new story, and one that traditional markets and traders are very familiar with. Smart crypto holders see the cycle and don’t panic, instead they double down and find new strategies to increase their crypto holdings. Here are three ways to find an upside while the market is down:More Crypto, Lower Entry　　Most traders dont possess the funds needed to buy a whole Bitcoin, or even smaller fractions, despite the price dip. Instead of buying a tiny sliver, traders can try to get their hands on larger amounts of digital currency. Leveraged trading was the only method to get a larger chunk of crypto without the cash to pay

05-14Industry

Why Jane Street Slashed Its Strategy MSTR Holdings by 78%?

Tech　　Why Jane Street Slashed Its Strategy MSTR Holdings by 78%？　　Jane Street reduced several major Bitcoin-linked holdings during the first quarter of 2026 while adding exposure to Ether exchange-traded funds and selected crypto equities, according to its latest 13F filing.　　The Wall Street trading firm sharply cut positions in two leading spot Bitcoin ETFs after building large exposure during late 2025. Its holding in BlackRocks iShares Bitcoin Trust fell about 71% quarter-over-quarter to roughly 5.9 million shares, valued near $225 million at the end of March.　　Jane Street also its stake in Fidelitys Wise Origin Bitcoin Fund by about 60%, ending the quarter with around 2 million shares worth nearly $115 million. The filing showed a broad reduction in reportable Bitcoin ETF exposure during a period of volatile crypto and equity markets.　　The firm also lowered its position in Strategy, the Bitcoin treasury company led by Michael Saylor. Jane Street held about 968,000 Strategy shares in the fourth quarter of 2025, worth nearly $146 million. By the end of the first quarter of 2026, that holding had fallen to around 210,000 shares, valued near $27 million.　　Bitcoin ETF and MSTR Holdings Decline　　Jane Streets sale of Strategy shares followed a sharp increase in the previous quarter,

05-14Industry

Premarket Winners and Losers: Chip Stocks Rally While Alibaba (BABA) Slides on Weak Earnings

Micron Technology, Inc., MU　　Alibaba equity declined 1.3% notwithstanding positive headline profit figures. The e-commerce titan disclosed fiscal fourth-quarter net earnings of 23.50 billion yuan ($3.41 billion), representing approximately double the previous years figure, propelled by investment portfolio gains.　　Nevertheless, adjusted net earnings — excluding those one-time gains — totaled merely 86 million yuan. This represented a collapse of nearly 100% relative to the comparable quarter last year. Total revenue expanded 3% to 243.38 billion yuan.　　EchoStar emerged as the leading premarket gainer within the S&P 500 index, advancing 8.5%. The Federal Communications Commission verified its authorization of the firms wireless spectrum divestiture to AT&T and SpaceX.　　Nextracker and Intuitive Machines Show Strength　　Nextracker represented another significant winner, climbing 14% following disclosure of adjusted earnings per share reaching $1.05 on revenues totaling $881 million, surpassing analyst projections on both metrics. The solar equipment manufacturer additionally elevated its FY2027 revenue forecast to a range spanning $3.8 billion to $4.1 billion.　　Intuitive Machines appreciated 9% after securing selection by the U.S. Space Force for the Andromeda IDIQ procurement. This agreement encompasses advanced space monitoring technologies. The award marked the firms initial significant contract success following its $800 million purchase of Lanteris Space Systems.　　Wolfspeed skyrocketed 31% after Citrini Research

05-14Industry

Transit Finance hack drains $1.88M from cross-chain protocol

Latest exploit marks another setback for decentralized finance infrastructure, notably cross-chain systems that have remained a prime target for hackers.Transit Finance lost about $1.88 million in a fresh exploit flagged by blockchain security firm PeckShield.The attack adds to mounting pressure on DeFi protocols and cross-chain aggregators after more than $1 billion in crypto hacks this year.No recovery roadmap or technical post-mortem has been released by Transit Finance as of publication.　　Transit Finance, a decentralized cross-chain aggregation protocol, suffered an exploit that drained roughly $1.88 million from the platform on May 13, according to blockchain security monitor PeckShield.　　The breach was first reported by ChainCatcher, citing PeckShield monitoring data. Transit Finance had not issued a detailed public explanation or recovery plan at the time of publication.　　The exploit marks another setback for decentralized finance infrastructure, particularly cross-chain systems that have remained a prime target for attackers exploiting smart contract vulnerabilities, bridge architecture flaws and wallet permission weaknesses.　　DeFi security fears intensify　　The latest attack arrives amid a broader surge in crypto-related security incidents. According to a previous crypto.news story, PeckShield estimated that hackers stole more than $1.63 billion during the first quarter of 2025 alone, driven largely by the record-breaking Bybit exploit.　　In March 2026, PeckShield reported

05-14Industry

Dollar Hits One-Week High on Inflation, Iran Tensions, Trump-Xi Talks

In simple terms, things are getting more expensive faster than expected, and the Federal Reserve cannot cut interest rates when inflation is this high.　　Markets now see a 35% chance the Fed actually raises rates in December rather than cutting them.　　Why the Dollar Is Rising　　When inflation runs hot and the Fed has to keep rates high, the dollar gets stronger. Higher US interest rates make dollar-denominated assets more attractive to global investors, pulling money into the dollar and pushing other currencies lower.　　“The US dollar has been tracking risk sentiment very closely throughout the war,” said Ray Attrill, head of FX strategy at National Australia Bank.　　The Iran Ceasefire Is Falling Apart　　Making everything worse, hopes for a Middle East peace deal faded sharply after Trump said the ceasefire with Iran was “on life support.” Tehran rejected the US peace proposal and presented its own list of demands. Trump called them “garbage.”　　All Eyes on Trump and Xi　　The other major risk event is the Trump-Xi summit in Beijing on May 14 and 15. Markets are nervous heading into it. Investors are pulling back from risk ahead of potential announcements on trade tariffs, technology restrictions, and broader tensions between the two largest economies in the world.　　If

05-14Industry

Danish ice hockey team partners with Concordium for AI identity pilot

DIU names Concordium official AI partner for 2026 IIHF event.Concordium launches blockchain fan ID pilot with Danish hockey.Partnership fee settled fully in Concordium CCD tokens.　　Danmarks Ishockey Union (DIU), the governing body for ice hockey in Denmark, has named Concordium as the Official AI Partner of the Danish National Ice Hockey Team in a partnership centered on blockchain-based digital identity and artificial intelligence infrastructure.　　The collaboration will officially launch during the 2026 IIHF Ice Hockey World Championship in Switzerland and will include multiple technology-focused initiatives aimed at enhancing fan engagement through AI-powered systems and on-chain identity verification.　　Concordium, which describes itself as a regulatory-grade AI infrastructure platform powered by blockchain technology, said the partnership will serve as a real-world demonstration of how verified digital identities and AI agents can operate at scale in consumer-facing environments.　　Verified fan program to debut at IIHF Championship　　The partnership between DIU and Concordium will initially focus on two core initiatives built on Concordiums infrastructure.　　The first is a Verified Fan Programme designed to pilot a privacy-preserving fan experience using zero-knowledge proof technology.　　The system is intended to allow users to verify identity-related credentials while limiting exposure of personal information.　　The second initiative is an Agentic Commerce pilot, which aims to demonstrate how

05-14Industry

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