Latest Crypto News & Market Updates

Institutional Investors Pour $1 Billion Into Privacy-First Blockchain Projects

Blockchain　　Institutional Investors Pour $1 Billion Into Privacy-First Blockchain ProjectsThree institutional blockchain platforms collectively secured over $1 billion in funding with aggregate valuations surpassing $10 billionCircle completed a $222 million funding round for Arc, valuing it at $3 billion; Digital Asset is pursuing $300 million for Canton at a $2 billion valuationStripe and Paradigm-backed Tempo secured $500 million in a previous funding round at a $5 billion valuationBitwise‘s Chief Investment Officer Matt Hougan believes privacy features may become crypto’s breakthrough application for traditional financeThe investment surge comes after 2025s Genius Act provided institutions with enhanced regulatory clarity　　A trio of enterprise-grade blockchain platforms has attracted more than $1 billion in aggregate funding, signaling a strategic pivot in how the cryptocurrency sector develops its foundational infrastructure.　　For years, crypto sold transparency as the revolution.　　Now institutions are paying over $1B for the opposite: PRIVACY.　　Arc, Canton and Tempo just locked in massive funding to build compliant, institution-focused chains where trades, positions and counterparties arent publicly… pic.twitter.com/QjqimZWixq　　— MarketUnfiltered (@subhashishc0x) May 12, 2026　　The platforms—Arc, Canton, and Tempo—are specifically engineered for stablecoin operations and asset tokenization. Their collective market capitalization now exceeds $10 billion, fueled by institutional appetite for blockchain solutions that balance technological innovation with privacy safeguards, regulatory

05-13Industry

Meta Employees Protest Mouse-Tracking Tool Built to Train AI Models

Pressure on Metas workforce is compounding. Chief people officer Janelle Gale said in late April that the company will cut 8,000 roles on May 20. The move is part of an efficiency drive tied to AI spending. Another 6,000 open positions will go unfilled.　　Across the Atlantic, Meta employees in the United Kingdom announced a separate organizing effort this week. They are partnering with the United Tech and Allied Workers union.　　Privacy Trade-Off Sits at AI Training Frontier　　Meta says safeguards prevent the capture of certain sensitive content. However, it has not detailed the technical scope of those filters. Affected employees argue that consent terms are coercive, given the impending layoffs.　　The dispute highlights a wider problem for large AI developers. Quality human behavioral data is increasingly scarce, and companies are turning to their own workforces to fill the gap.　　Whether the May 12 protest pressures Meta to alter the program remains unclear. The outcome may signal how much leverage employees retain in an AI-driven cost-cutting cycle.　　The post Meta Employees Protest Mouse-Tracking Tool Built to Train AI Models appeared first on BeInCrypto.

05-13Industry

US sanctions twelve entities for sales of Iranian oil to China

Tech　　US sanctions twelve entities for sales of Iranian oil to China　　The US Treasury Department‘s Office of Foreign Assets Control just added twelve names to its sanctions list, all tied to a network that funneled Iranian oil to Chinese buyers. The targets include three senior officials from the IRGC’s Shahid Purjafari Oil Headquarters and nine companies that served as the logistical plumbing for the operation.　　The action is part of the Trump administration‘s broader “Economic Fury” strategy, a campaign designed to choke off the financial oxygen that fuels Iran’s nuclear ambitions and its support for terrorist organizations. The timing is notable: President Trump is planning a visit to Beijing, where pressing China to crack down on illicit Iranian oil imports is expected to be on the agenda.　　Who got sanctioned and why　　The three individuals named are Ahmad Mohammadi Zadeh, Samad Fathi Salami, and Mohammadreza Ashrafi Ghehi. All three are connected to an entity called Golden Globe, which has previously been targeted by US sanctions. Together, they reportedly handled hundreds of millions of dollars annually through that operation.　　The nine companies on the list include Hong Kong Blue Ocean Limited, Ocean Allianz Shipping LLC, and Zeus Logistics Group. These firms were implicated in managing oil

05-13Industry

XRP News: Senator Warren Blocks Fed Master Accounts for Ripple, Crypto Firms in CLARITY Act

Crypto　　XRP News: Senator Warren Blocks Fed Master Accounts for Ripple, Crypto Firms in CLARITY Act　　In significant XRP news today, Senator Elizabeth Warren submits more than 40 amendments to the CLARITY Act, with one to block the Fed from issuing master accounts to crypto companies, including Ripple.　　This move comes just ahead of Thursday‘s markup vote in the Senate Banking Committee. Anti-crypto Warren leads banking industry’s push against stablecoin yield compromise.　　XRP News: Senator Warren Proposes Fed Master Accounts Ban for Ripple and Crypto Companies　　The US Senate Banking Committee has reportedly received more than 100 amendments to the CLARITY Act draft text, Politico reported on May 13. These amendments target crypto stablecoin yield compromise, Bitcoin uses in traditional finance, and crypto companies.　　Senator Elizabeth Warren submitted more than 40 amendments to oppose the CLARITY Act text. One proposal aims to prevent the US Federal Reserve from granting master accounts to crypto firms. XRP-linked Ripple, Anchorage Digital, Circle, and Custodia Bank have applied for Fed master accounts. As Coingape reported earlier, Kraken received a Fed master account.　　“This bill puts investors, our national security and our entire financial system at risk – and it will turbocharge Donald Trump‘s crypto corruption. No Member of the Committee should

05-13Industry

eToro profit jumps 37% despite a sharp drop in crypto trading volumes

eToro has reported a rise in first-quarter profit after commodities trading activity surged, even as crypto volumes on the platform declined sharply.eToro reported a 37% rise in Q1 net income as commodities trading volumes jumped nearly four times from a year earlier.Crypto trading volumes on eToro fell 32% in April, even as the company expanded its New York crypto operations and completed its Zengo acquisition.　　According to eToros quarterly earnings release published Tuesday, net income climbed 37% year over year to $82 million, while diluted earnings per share rose to $0.91 from $0.77 in Q1 2025. Adjusted EBITDA increased to $109 million from $80 million a year earlier, and net contribution reached $258 million, up 19%.　　Commodity trading played a major role in the quarters performance. eToro said commodities generated nearly 60% of total trading commissions, with trading volumes rising almost fourfold from the same period last year. At the same time, the company expanded its traditional market offerings by adding Japanese stocks, increasing its exchange coverage to 26 markets.　　Funded accounts reached 4.02 million during the quarter, up 12% year over year, while assets under administration rose to $17 billion. As of March 31, eToro held $1.3 billion in cash, cash equivalents,

05-13Industry

Ethereum (ETH) Introduces Clear Signing to Combat Crypto Transaction Hacks

Crypto Ethereum　　Ethereum (ETH) Introduces Clear Signing to Combat Crypto Transaction HacksOn May 12, 2026, the Ethereum Foundation unveiled “Clear Signing,” a revolutionary security framework designed to transform unreadable transaction data into comprehensible language for users.The standard eliminates cryptic code displays, instead showing users straightforward descriptions of asset movements, recipient information, and permission grants.Developed using ERC-7730 as its foundation, the system features a transparent public registry allowing independent security experts to validate transaction descriptions.Major platforms like Ledger, Trezor, and MetaMask have committed to early adoption, with Trezor targeting implementation by June 30.This initiative responds to cryptocurrency losses totaling billions from blind signing vulnerabilities, such as the devastating $1.4 billion Bybit breach.　　Cryptocurrency users frequently encounter screens filled with indecipherable code when confirming transactions. The typical response？ Clicking approve without comprehension. This disconnect between what users see and what they understand has drained billions from the digital asset ecosystem.　　0/ Clear signing is now live.　　An open standard to end blind signing, making human-readable transactions default.　　This effort brings a major UX and Security upgrade to transaction signing on Ethereum. pic.twitter.com/nIGRCBQh6G　　— Ethereum Foundation (@ethereumfndn) May 12, 2026　　The Ethereum Foundation is implementing a solution to this critical vulnerability.　　The foundation, collaborating with prominent wallet development teams, revealed “Clear

05-13Ethereum

Charles Schwab Launches Bitcoin and Ethereum Trading for Selected U.S. Clients

Bitcoin Ethereum　　Charles Schwab Launches Bitcoin and Ethereum Trading for Selected U.S. Clients　　The post Charles Schwab Launches Bitcoin and Ethereum Trading for Selected U.S. Clients appeared first on Coinpedia Fintech News　　Brokerage giant Charles Schwab which manages nearly $11.8 trillion has officially launched spot crypto trading for Bitcoin and Ethereum, giving selected U.S. clients direct access to the two largest cryptocurrencies through its Schwab Crypto platform.　　The move marks one of Schwabs biggest crypto expansions so far, mid growing adoption of digital assets across traditional finance.　　Charles Schwab Launch Crypto Accounts to Retail Clients　　Starting this week, selected retail clients can trade Bitcoin and Ethereum directly through Schwab.com and thinkorswim accounts instead of relying only on ETFs or crypto-related stocks.　　Until now, Schwab mainly offered indirect crypto exposure through ETFs, futures products, and crypto-linked investment vehicles. The new Schwab Crypto platform operates separately from standard brokerage accounts.　　Schwab Crypto accounts are now being rolled out to retail clients.　　Starting today, the first group of clients can trade Bitcoin and Ethereum at Schwab, right alongside their other investments.　　Sign up for updates and a chance to get early access: https://t.co/ELe1HWHS8Y pic.twitter.com/HJKbPUD7Ob　　— Charles Schwab Corp (@CharlesSchwab) May 12, 2026　　According to the company announcement, blockchain infrastructure firm Paxos handles trade execution and

05-13Ethereum

Ethereum Foundation names new co-leads for Protocol cluster

Ethereum　　Ethereum Foundation names new co-leads for Protocol cluster　　The Ethereum Foundation just reshuffled the leadership of its most important technical team. Will Corcoran, Kev Wedderburn, and Fredrik Svantes were appointed co-leads of the Protocol cluster on May 12, replacing the outgoing trio of Barnabé Monnot, Tim Beiko, and Alex Stokes.　　The Protocol cluster, formerly known as Protocol R&D, is the core group responsible for designing and developing the Ethereum base layer.　　A full leadership swap　　All three previous co-leads are out, and three new faces are in. ETH held steady around $3,200 following the announcement, with 24-hour trading volume sitting at roughly $18B. Collectively, the incoming leads have contributed to over $2.5M in EF-funded grants.　　What the Protocol cluster actually does　　This team manages the research and development of Ethereums base layer, including consensus mechanisms, execution clients, and network upgrades.　　The most pressing item on their agenda is the Glamsterdam upgrade. Glamsterdam focuses on two major technical priorities: stateless clients and Verkle trees. Both are critical for Ethereums long-term scalability.　　Verkle trees are a more efficient way to store and verify blockchain state data, resulting in dramatically reduced data requirements for nodes. Stateless clients would allow nodes to verify transactions without holding all state data locally.　　The Pectra upgrade,

05-13Ethereum

Ethereum’s New Clear Signing Standard Aims to Stop Crypto Theft Before It Happens

Crypto Ethereum　　Ethereums New Clear Signing Standard Aims to Stop Crypto Theft Before It HappensThe Ethereum Foundation, alongside prominent wallet providers, has introduced “Clear Signing,” a security framework designed to transform crypto transactions into easily understandable, human-readable formats.The initiative eliminates cryptic code displays by providing clear descriptions of asset movements, recipient details, and permission requests.Built upon ERC-7730, the framework features a publicly accessible registry enabling independent security experts to validate transaction descriptions.Early implementation partners include Ledger, Trezor, and MetaMask, with Trezor targeting deployment by June 30.This development addresses security vulnerabilities that have resulted in billions of dollars lost through blind signing exploits, such as the $1.4 billion Bybit breach.　　Every time cryptocurrency holders authorize a transaction, they‘re frequently confronted with indecipherable strings of code. Despite not understanding what they’re approving, most users proceed anyway. This disconnect between comprehension and confirmation has drained billions from the cryptocurrency sector.　　0/ Clear signing is now live.　　An open standard to end blind signing, making human-readable transactions default.　　This effort brings a major UX and Security upgrade to transaction signing on Ethereum. pic.twitter.com/nIGRCBQh6G　　— Ethereum Foundation (@ethereumfndn) May 12, 2026　　The Ethereum Foundation has stepped forward with a solution.　　On May 12, 2026, the organization partnered with leading wallet development teams to

05-13Ethereum

Schwab Crypto goes live as retail clients get BTC, ETH access

Charles Schwab has started rolling out Schwab Crypto to select retail clients, giving eligible users direct access to spot Bitcoin and Ether trading. Schwab Crypto lets eligible retail clients trade Bitcoin and Ethereum beside traditional investment products.Charles Schwab Premier Bank will custody assets, while Paxos handles execution and sub-custody services.The launch adds fee pressure as Morgan Stanley expands ETrade crypto trading at lower costs.　　In a Tuesday post on X, the firm said the service lets clients trade crypto beside other investment products across Schwab platforms.　　The rollout follows Schwabs April plan to launch the product in phases. The company said Schwab Crypto would offer direct Bitcoin and Ethereum trading, education, research and support. Jonathan Craig, head of retail investing, said clients want to conduct “more of their financial lives at Schwab.”　　Bitcoin and Ethereum trading starts with limits　　At launch, Schwab Crypto supports Bitcoin (BTC) and Ethereum (ETH). Schwab said the two assets account for about three-quarters of total crypto market capitalization. Clients can view and trade crypto beside traditional investments through Schwab.com, Schwab Mobile and thinkorswim.　　The product charges 75 basis points on the dollar value of each trade. Schwab also said the account is separate from a brokerage account, though it is

05-13Ethereum

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