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Institutions rush into Chainlink - Is LINK entering a new phase?

Chainlinks [LINK] recent activity surge increasingly reflected a deeper institutional shift toward trusted cross-chain infrastructure.　　That momentum accelerated after several DeFi platforms reassessed interoperability risks following the April Kelp DAO exploit.　　Soon after, daily active addresses climbed to 282,170 on the 9th of May before holding near 264,090 on the 10th of May. Those marked the networks strongest participation levels since September 2025.　　Source: Santiment　　The spike followed Solv Protocol‘s migration of more than $700 million in tokenized Bitcoin assets toward Chainlink CCIP. Kelp DAO’s planned rsETH migration strengthened that trend further, reinforcing preference for battle-tested interoperability systems.　　Earlier whale accumulation added another layer of conviction, with large wallets accumulating 32.93 million LINK across 30 days. Still, sustaining momentum now depends on broader market stability and continued infrastructure demand.　　RWA growth deepens Chainlinks institutional infrastructure role　　That institutional migration toward Chainlink increasingly expanded beyond interoperability and into the rapidly growing tokenized asset economy.　　As capital entered blockchain settlement systems, institutions increasingly needed reliable pricing, reserve verification, and compliant cross-chain infrastructure.　　Chainlink steadily absorbed that demand. The network enabled more than $30 trillion in cumulative transaction value while securing tens of billions in total value secured.　　Source: CoinGecko　　Meanwhile, according to LINK‘s Q1 report, CCIP processed over $18 billion in Q1 2026

05-13

Google thwarts hacker groups AI-driven mass exploitation plan

Google says it likely stopped a criminal hacking group from using artificial intelligence to orchestrate a mass exploitation attack, one that specifically targeted the bypass of two-factor authentication through a zero-day vulnerability. The intervention, disclosed by Googles Threat Intelligence Group, offers a concrete look at how AI is reshaping the cat-and-mouse game between attackers and defenders in cybersecurity.　　What happened and why it matters　　Google‘s Threat Intelligence Group identified a hacking operation that leveraged AI tools to research and plan the exploitation of a zero-day flaw. The attackers were using AI to find a previously unknown software vulnerability, then automating the process of weaponizing it at scale, specifically to defeat 2FA protections. Google’s defenses caught and neutralized the attempt before it could be deployed broadly.　　Googles analysts linked the broader trend of AI-assisted hacking to state-sponsored actors, particularly groups associated with Iran, China, North Korea, and Russia. These advanced persistent threat (APT) groups have been increasingly integrating AI into their operations, using it for reconnaissance, vulnerability research, and automating tasks that previously required significant human effort.　　Googles analysts noted that APT and information operations actors are using AI to accelerate routine hacking tasks rather than inventing entirely new categories of attack. The threats themselves

05-13

JPMorgan (JPM) to launch new tokenized fund as Wall Street tokenization race heats up

JPMorgan (JPM) is preparing to launch a tokenized money market fund, the latest sign that major financial institutions and Wall Street asset managers are speeding up efforts to move traditional assets onto blockchain rails.　　A Tuesday filing with the U.S. Securities and Exchange Commission SEC) outlined plans for a blockchain-based money-market fund investing exclusively in short-term U.S. Treasuries, cash and overnight repo agreements backed by government securities.　　The fund, dubbed JPMorgan OnChain Liquidity-Token Money Market Fund (JLTXX), will maintain blockchain-based token balances tied to investors‘ ownership records, allowing approved users to submit purchase, redemption and transfer requests through Ethereum, the filing said. The underlying blockchain infrastructure will be operated by Kinexys Digital Assets, JPMorgan’s blockchain unit formerly known as Onyx.　　The fund is structured to satisfy reserve asset requirements under the GENIUS Act, legislation aimed at regulating stablecoin issuers in the U.S. That could position the product as a yield-bearing reserve vehicle for stablecoin firms seeking compliant Treasury exposure.　　The move comes only days after BlackRock (BLK), the worlds largest asset manager, filed paperwork for a new tokenized Treasury reserve vehicle and blockchain-based shares of an existing $7 billion money-market fund.　　Tokenization — the process of creating blockchain-based representations of traditional financial assets — has

05-13

First Hyperliquid ETF Launch: Day One Volume Hits $1.8M–Key Details

This decrease coincides with a period of market uncertainty brought on by Bitcoin‘s recent retrace after failing to breach $83,000 during last week’s surge. If the $80,000 support breaks, some analysts believe this might lead to a new correction.　　If sentiment worsens again, it could potentially weigh on demand for 21Shares Hyperliquid ETF offering as well—particularly if inflows soften after the initial launch period.　　Bitwise And Grayscale Update HYPE ETF Filings　　Looking beyond 21shares Hyperliquid ETF launch, attention is now turning to other issuers. The market is watching Bitwise and Grayscale, both of which have updated their spot HYPE ETF filings, strengthening the sense that additional products could follow soon.　　The expectation is that these Hyperliquid ETF efforts by the two asset managers may benefit from the current regulatory environment in the country, with a now pro-crypto Securities and Exchange Commission led by Paul Atkins.

05-13

CLARITY Act: Galaxys Alex Thorn Reveals Secret To Securing Bipartisan Support

Galaxy Digitals Alex Thorn says the newest edition of the CLARITY Act could get a much-needed bipartisan boost. For this, he spotlighted a surprising addition with Senators John Kennedy and Elizabeth Warren.　　Alex Thorn Reveals How CLARITY Act Could Get Bipartisan Backing　　The U.S. Senate Banking Committee on Tuesday released the entire text of the CLARITY Act. In the draft, Thorn noted that the addition of the “Build Now Act” could help garner more bipartisan political support before this weeks markup.　　Thorn outlined each of these changes in a series of posts on X. He mentioned notable updates to a variety of sections of the proposed plan. These include new powers for the SEC, definition of DeFi, provisions on insider trading, and the bankruptcy regulations for crypto companies.　　In addition, he noted that the CLARITY Act has specifically added Section 904, the ‘Build Now Act.’ “This is a bill that was co-sponsored by sens Kennedy and Warren and already passed the senate as part of the ROAD housing bill in march,” Thorn wrote.　　He believes that the addition of the Build Now Act within the CLARITY Act provides another pathway for it to become law. Moreover, Thorn said the strategy could help build momentum for

05-13

LAB faces pump-and-dump fears amid 100 mln token distribution

Tech　　LAB faces ‘pump-and-dump’ fears amid 100 mln token distribution　　Crypto scams appear to peak in 2026, with some packaged as legit tokens. A couple of them have been flagged by on-chain investigator ZachXBT, and LAB seems to be one of them.　　Most of these tokens operate on BNB Smart Chain.　　LAB distribution is on!　　As per the latest news from Lookonchain, the developer team distributed about 100 million LAB, worth $480.33 million, across 10 wallets from Bitget. This amount represented more than 32% of the tokens circulating supply.　　The Bitget wallet still holds another 159 million LAB tokens, which the team will likely distribute too. This distribution tactic resembled that of RaveDAO [RAVE], where the memecoin surged just before the distribution, similar to LAB.　　Source: Lookonchain　　While these massive CEX outflows signal accumulation in a normal market scenario, for LAB they raise suspicion. The teams wallets control around 98% of the circulating supply, while the more than 19K holders of the token hold only 2%.　　ZachXBT accuses Bitget of letting scams run behind the scenes　　Addressing this concern, ZachXBT accused Bitget of allowing scams to run on their trading platform. The on-chain investigator cited that Chinese CEXs had gone unchallenged for years as long as they profited.　　In a reply

05-13

Binance CME Exits as Budgets Shrink

She was managing big-name celebrity and sports partnerships. Conlan has secured much-talked-about deals with football star Cristiano Ronaldo, the Alpine Formula One team, musician The Weeknd, and social media influencer Khaby Lame.　　She was responsible for expanding partnerships with key opinion leaders to attract new users to the Web3 space.　　On top of that, Conlan was spearheading several educational initiatives for individuals with insufficient crypto knowledge.　　She even launched a fragrance introduced by the exchange in March 2024 to celebrate International Womens Day.　　The reason behind the exit　　A Binance spokesperson has clarified that Conlan is calling it quits to “focus on personal priorities.” However, her exit is likely linked to the broader industry rethinking costly advertising strategies.　　Major crypto exchanges recently reduced their high-cost marketing spending, and many firms are scaling back expensive sponsorships. This has pushed several marketing leaders out of the industry.　　For example, Crypto.com CMO Steven Kalifowitz left the company just last week.　　Similarly, Bybits CEO Ben Zhou recently announced that the exchange will not renew its Formula One sponsorship.

05-13

SKYAI leads top-100 gains at 44% while ONDO slides 10% on the same day

SKYAI jumps 44% to top the days top‑100 gainers as ONDO sinks 10%, highlighting a rotation from RWA and yield infra into AI‑adjacent tokens riding the agentic AI narrative.SKYAI is the top performer among the top 100 cryptocurrencies by market cap on Tuesday, surging 44.45% to $0.5792, while BUILDon and Humanity posted double-digit gains of 15.32% and 13.06% respectively.Ondo Finance‘s ONDO token is the day’s biggest loser in the same cohort, dropping 10.28% to $0.3908, with Aerodrome Finance close behind at minus 10.16%, as RWA and DeFi infrastructure tokens give back recent gains.The divergence between AI-adjacent tokens like SKYAI and RWA platforms like ONDO captures a broader rotation dynamic playing out across the mid-cap crypto market on May 12.　　According to CoinMarketCap data, SKYAI is Tuesdays standout performer among the top 100 cryptocurrencies by market capitalization, jumping 44.45% to a current price of $0.5792 as AI-themed tokens continue to attract disproportionate speculative interest in a market where the agentic AI narrative is building momentum. BUILDon followed with a 15.32% gain to $0.6454, and Humanity added 13.06% to reach $0.2646, rounding out a top three that is heavily skewed toward newer, narrative-driven tokens rather than established large-caps.　　SKYAIs 44% surge leads an AI-driven

05-13

US Banks Prepare for Tokenization Tipping Point, Moody’s Ratings Finds – Bitcoin News

Currently, activity is concentrated in stablecoins, tokenized deposits, and money market funds (MMFs). Most of this volume stems from cryptocurrency trading and specific institutional use cases. Moodys notes that retail and corporate demand for blockchain-based payments remains low.　　Many companies continue to rely on traditional methods like paper checks, viewing payment technology upgrades as a secondary priority compared to artificial intelligence (AI). Market participants believe payments alone will not drive mass adoption. Instead, the real value is expected to emerge when tokenized versions of mainstream financial assets or agentic commerce take off.　　These use cases require onchain settlement to enable instant, programmable transactions. In this environment, U.S. banks generally view tokenized deposits as a natural evolution of the existing deposit model.　　The report notes that “conversations with major U.S. banks and financial market intermediaries, and a review of public disclosures, reveal a forming consensus that there will be a ‘slow, then fast’ transition to a more digitalized financial system.” By contrast, many banks view privately issued stablecoins warily. They see them as a potential threat from non-banks or tech firms that could bypass traditional regulated frameworks and funding structures.　　The transition to a fully digital, 24/7 financial market is expected to run on a

05-13

First Hyperliquid ETF Launch: Day One Volume Hits $1.8M–Key Details

05-13

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