Latest Crypto News & Market Updates

Atlaspad Partners with UXLINK to Expand Web3 Social Engagement Ecosystem

Atlaspad, a cutting-edge multi-chain launchpad, has collaborated with UXLINK, a prominent Web3 social infrastructure entity. The partnership attempts to fortify community-led social growth in the Web3 ecosystem. As Atlaspad pointed out in its official social media announcement, both entities focus on delving into unique opportunities related to Web3-based social engagement and network expansion. Thus, the development is anticipated to improve builder participation and consumer connectivity across the blockchain ecosystems.　　Atlaspad and UXLINK Alliance Set to Drive Web3-Based Social Engagement　　In partnership with UXLINK, Atlaspad is endeavoring to accelerate social engagement across diverse decentralized networks. Thus, this move denotes a key step in the platforms long-term objective of scaling the network globally. In this respect, the joint effort combines two swiftly growing Web3 entities with their complementary strengths. Specifically, UXLINK brings forth its wide-ranging social infrastructure. Additionally, with more than 55M registered consumers, the platform stands among the widely embraced Web3 social networks.　　Apart from that, UXLINK has accumulated over 700K followers on the social media platform X, underscoring a resilient community presence as well as a noteworthy impact on the crypto networks. At the same time, it has more than 300 network partners, bolstering its position as a foundational forum for the decentralized

05-17Industry

Indias stock market risks dropping out of top five as AI rallies boost Taiwan and Korea

Tech　　Indias stock market risks dropping out of top five as AI rallies boost Taiwan and Korea　　India spent years climbing the global equity rankings, reaching the fourth-largest stock market in the world with a market capitalization of roughly $4.3 trillion in early 2024. Now that position is under threat, and the culprit is one India knows intimately but from the wrong side: artificial intelligence.　　Taiwan and South Korea, home to the companies actually building the silicon that makes AI possible, have seen their markets surge on the back of insatiable demand for chips. India, whose tech sector is built on services rather than semiconductors, is finding that being good at deploying AI talent doesnt translate into stock market momentum the same way manufacturing the hardware does.　　The hardware advantage India doesnt have　　Taiwan has TSMC, the company that fabricates the vast majority of the worlds most advanced chips. South Korea has Samsung Electronics and SK Hynix, which dominate the high-bandwidth memory market that AI data centers devour in bulk. Foreign flows have tilted heavily toward Taipei and Seoul as fund managers chase direct exposure to AI hardware revenue.　　India, by contrast, built its tech reputation on IT services. Companies like Infosys, TCS, and Wipro made

05-17Industry

RWA Sector Widens Beyond Treasuries as More Tokenized Assets Emerge

A fresh post from RWA expert Zeus has put the spotlight back on one of the fastest-growing corners of crypto: tokenized real-world assets. In a tweet, Zeus highlighted the top moving assets of the week and, just as importantly, explained what each of them actually represents. The list was a pretty clear reminder that the RWA narrative is no longer just about stablecoins or tokenized treasuries. It now stretches across currencies, equities, yield products, and even payment infrastructure built for everyday money movement.　　One of the most eye-catching names on the list was TRYB, BiLiras Turkish lira-backed stablecoin. The idea behind it is simple enough, but it matters a lot for local users. TRYB is backed 1:1 by Turkish lira reserves held in Turkish bank accounts, so it works like a digital version of the lira that can move onchain. In a market where the U.S. dollar has dominated stablecoin adoption for years, tokens like TRYB show that demand is widening beyond dollar exposure alone. For people in Turkey, or anyone dealing with the Turkish economy, that kind of local currency token can be far more practical than a dollar stablecoin.　　Then there was IVVon, a tokenized version of the iShares Core

05-17Industry

Pi Network Sets May 19 Deadline for Protocol 23 Migration

Tech　　Pi Network Sets May 19 Deadline for Protocol 23 MigrationPi Network extended the Protocol 23.0 deadline to May 19 for improved node migration work.Protocol 23.0 upgrade targets better database performance after full node migration ends.Pi App Studio now converts Claude Code and Codex apps into Pi-native apps within minutes.　　Pi Network has moved its Protocol 23.0 node upgrade deadline from May 15 to May 19, 2026. The extension follows an improved release designed to strengthen node database performance after migration while keeping validators synced.　　The Pi Core Team announced the new deadline after issuing a revised Protocol 23.0 upgrade. The earlier deadline was May 15. Operators now have until May 19 to complete the required migration.　　Pi Network Upgrade Targets Node Performance　　The extension was linked to the improved version of the upgrade. The update focuses on database performance after migration. It gives node operators more time to install the better release instead of using the earlier version.　　The team framed the move as a quality-focused decision. It did not cite any failure in Pi Network infrastructure or any problem with the upgrade process.　　Protocol 23.0 remains a major step for Pi Network. The upgrade is tied to smart contract activation and mainnet development. It follows

05-17Industry

Canary XRP ETF Reports 213 Million XRP Holdings Worth $305 Million

Organized as a Delaware statutory trust, Canary ETF holds for shareholders through a spot-only structure. Canary Capital Group LLC serves as the sponsor, while CSC Delaware Trust Company serves as the trustee. Shareholders own trust shares, not direct claims on specific held by custodians.　　Basket activity ties the funds share supply to flows. The trust creates and redeems shares in 10,000-share baskets. Depending on authorized participant agreements, transactions may settle in cash or . The filing disclosed no derivatives, , synthetic exposure, other assets, securities, or cash-like instruments.　　Coinbase Custody Trust Company LLC and Bitgo Trust Company Inc. serve as custodians. U.S. Bank Global Fund Services acts as administrator, transfer agent, and accounting agent. The administrator calculates net asset value (NAV) each business day after 4 p.m. Eastern time. The filing notes:　　“The trust purchases upon the creation of Shares and sells XRP upon the redemption of Shares.”　　Together, the May holdings update and quarterly filing show a larger XRP position after quarter-end. The trust remained concentrated in spot XRP, making custody, basket activity, and XRP price movements central to its reported exposure.

05-17Industry

Canary XRP ETF Reports 213 Million XRP Holdings Worth $305 Million

Canary $XRP ETF reported 212.6 million $XRP, valued at about $305 million, as its latest holdings update followed a quarterly SEC filing. The trust‘s disclosures showed rising token holdings, spot-only exposure, and valuation pressure tied to $XRP’s price action.　　Key Takeaways:Canary Capital reported 212.6 million $XRP in its latest ETF holdings update.Quarter-end assets rose in token terms, but valuation fell after $XRP weakened.Further exposure depends on basket activity, custody arrangements, and $XRP price moves.　　Canary $XRP ETF Reports Expanded Holdings　　Canary Capital Group published holdings for Canary $XRP ETF showing 212.6 million $XRP, valued at about $305 million, in its latest reporting on May 16. The update followed the trust‘s quarterly Form 10-Q, filed with the U.S. Securities and Exchange Commission (SEC) for the quarter ended March 31. The filing detailed the exchange-traded fund (ETF)’s holdings, expenses, operations, and financial condition.　　Quarter-end disclosures showed the trust held 197.2 million $XRP on March 31, up from 175.6 million on Dec. 31. That balance was valued at $264.9 million, down from $323 million, as $XRP‘s price decline outweighed the higher token count. The filing classified $XRP as the trust’s only investment. The filing states:　　“The trust is a passive investment vehicle that does not seek to generate

05-17Exchange

THORChain (RUNE) Launches Refund Portal After $10M Exploit

THORChain, the decentralized cross-chain liquidity protocol, has launched a recovery portal following a confirmed $10 million exploit on May 11, 2026. The breach impacted 12,847 wallets across Bitcoin (BTC), Ethereum (ETH), BNB Chain, and Base. The portal, live as of May 16, allows affected users to check their compensation and submit refund claims, supported by a treasury-funded refund pool of equivalent size.　　The incident, revealed via a PeckShield post-mortem, was traced to a vulnerability in THORChains GG20 threshold signature scheme (TSS). This flaw reportedly allowed an attacker to gradually leak sensitive vault key data, ultimately enabling unauthorized transactions. The attacker drained 36.75 BTC (approximately $3 million) and an additional $7 million in tokens across other chains. Trading and outbound signing were paused within eight minutes of detection, minimizing further losses.　　Refund Portal and Next Steps　　Affected users have until June 4, 2026, to submit their claims through the portal. Any unclaimed funds post-deadline will roll over to the protocols insurance fund. THORChain has stated that its treasury is working with on-chain analytics firm Outrider Analytics and law enforcement agencies to pursue the attacker and recover stolen assets.　　Preliminary investigations suggest the attacker may be linked to a recently churned node that joined the network

05-17Industry

Atlaspad Partners with UXLINK to Expand Web3 Social Engagement Ecosystem

Atlaspad, a cutting-edge multi-chain launchpad, has collaborated with UXLINK, a prominent Web3 social infrastructure entity. The partnership attempts to fortify community-led social growth in the Web3 ecosystem. As Atlaspad pointed out in its official social media announcement, both entities focus on delving into unique opportunities related to Web3-based social engagement and network expansion. Thus, the development is anticipated to improve builder participation and consumer connectivity across the blockchain ecosystems.　　???? Excited to announce our partnership with UXLINK　　one of the largest Web3 social platforms and infrastructure ecosystems globally.　　Together, @atlaspad and @UXLINKofficial will explore new opportunities around community growth, Web3 social engagement, and ecosystem expansion. ????…　　— Atlaspad (@Atlaspad) May 16, 2026　　Atlaspad and UXLINK Alliance Set to Drive Web3-Based Social Engagement　　In partnership with UXLINK, Atlaspad is endeavoring to accelerate social engagement across diverse decentralized networks. Thus, this move denotes a key step in the platforms long-term objective of scaling the network globally. In this respect, the joint effort combines two swiftly growing Web3 entities with their complementary strengths. Specifically, UXLINK brings forth its wide-ranging social infrastructure. Additionally, with more than 55M registered consumers, the platform stands among the widely embraced Web3 social networks.　　Apart from that, UXLINK has accumulated over 700K followers on the social

05-17Industry

Why is crypto down today？ All about Bitcoins fall below $80K and ETF outflows!

Bitcoins price began recovering on 30 April after buyers defended the broader $75,000-support region thanks to improving short-term sentiment. Momentum strengthened further in early May as $BTC climbed towards $82,000 on the back of rising speculative participation.　　However, repeated rejections near $81,000 and $82,000 gradually weakened bullish continuation once profit-taking pressure intensified across the broader market.　　That weakness accelerated between 12 and 16 May as large red candles pushed Bitcoin back below the key $80,000-support at press time.　　Source: $BTC/USD on TradingView　　As expected, altcoins also declined sharply alongside Bitcoin as broader risk appetite weakened beneath rising uncertainty.　　Solana [SOL] fell by nearly 7.9% and Hyperliquid [HYPE] dropped by 6.6%, while Cardano [ADA] lost over 7% of its value. Meanwhile, Tron [TRX] and $BNB [$BNB] remained comparatively resilient despite broader market weakness.　　ETF outflows deepen broader crypto market weakness　　As broader crypto markets weakened thanks to heavy sell-side pressure, institutional flows also began reflecting growing caution across Spot ETF markets. The earlier rejection near Bitcoins $80,000-zone had already weakened confidence after momentum conditions gradually deteriorated.　　That pressure intensified further on 15 May once U.S. Spot Bitcoin ETFs recorded roughly $290 million in total net outflows.　　Meanwhile, none of the twelve Bitcoin ETFs registered positive inflows during the session, reinforcing

05-17Exchange

NEAR Price Prediction: $3.70 Floor by Year-End as Smart Money Accumulates Despite Short-Term Headwinds

Market Context: Why NEAR is Moving Now　　NEAR Protocol sits at a critical juncture, trading at $1.50 after a brutal 5.25% daily decline that‘s testing trader resolve. The selloff isn’t happening in a vacuum – aggressive taker selling is overwhelming buyers with a concerning 0.70 buy-to-sell ratio that screams distribution. Yet beneath this surface chaos, Blockchain.news reports reveal a fascinating disconnect between retail panic and institutional accumulation patterns.　　The narrative driving NEAR‘s current volatility centers on the broader crypto market’s uncertainty, but the protocols fundamentals remain intact. With open interest surging 4.57% to over $60 million despite the price decline, someone is clearly positioning for a significant move ahead.　　Indicator Alignment　　The technicals paint a picture of indecision masquerading as weakness. While momentum indicators show MACD histogram flatlining at zero and RSI hovering in neutral territory at 55.16, the real story lies in NEARs positioning within its Bollinger Bands. Trading at 0.62 of the band width suggests the token has room to run higher before hitting overbought conditions.　　Hourly candlesticks (about 96 bars), same endpoint as our cryptocurrency price pages. Numbers below refresh from 1-minute klines.　　Full NEAR price, calculator & analysis　　More telling is the moving average structure – NEAR sits above its key 20-day ($1.44)

05-17Industry

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