24/7 Blockchain industry dynamics and breaking crypto news
With Kevin Warsh poised to lead the Federal Reserve, his proposed reforms—from reassessing inflation models to reducing market interventions—are sparking intense debate on Wall Street. This leadership change signals a potential historic shift in US monetary policy.
Read MoreBitcoin mining firm IREN Limited has successfully completed a $3 billion convertible preferred note offering. The net proceeds will support general corporate purposes and working capital, marking a significant move in its financial strategy.
Read MoreLeading South Korean exchange Upbit announced the listing of IRYS token, with trading pairs against KRW, BTC, and USDT set to begin on May 15th at 20:00 local time. This move is expected to enhance the token's liquidity and accessibility in the Asian market.
Read MoreNomura Securities suggests the BOJ may raise rates in June to counter inflation risks from yen depreciation. However, some economists, per a Reuters poll, expect the bank to wait due to Middle East uncertainties, highlighting a complex policy dilemma.
Read MoreThe cyclically-adjusted P/E ratio for US stocks has surged to 42.18, nearing its dot-com bubble peak. Valuations are now among the most expensive in 25 years, sharply increasing market sensitivity to earnings and macroeconomic data.
Read MoreOpenAI's CFO revealed that ChatGPT's weekly active users have surpassed 900 million, a historic milestone. Additionally, their AI coding tool has attracted over 4 million users. This surge demonstrates the rapid, mainstream integration of generative AI into daily life and work worldwide.
Read MoreStablecoin protocol Reflect has introduced an automated safety mechanism that monitors protocol health and triggers emergency fund withdrawals when risks are detected, providing proactive protection for DeFi participants.
Read MoreA major global cryptocurrency platform and Korea Investment & Securities are jointly planning to acquire a significant stake in the local exchange Coinone. The move is framed as a financial investment but signals deeper strategic interest in the Korean digital asset market.
Read MoreThe US has formally rejected Iran's written peace proposal, which outlined a two-stage negotiation process starting with a ceasefire. Washington dismissed the plan and reaffirmed its tough stance on nuclear issues, deepening the diplomatic deadlock between the two nations.
Read MoreLeading South Korean exchange Upbit will temporarily suspend deposits and withdrawals for POL and other assets on the Polygon network starting May 21, 2026, to facilitate a scheduled hard fork upgrade. Spot trading will remain operational.
Read MoreBitcoin achieves a historic breakthrough, surpassing the $81,000 mark with a 1.54% gain in 24 hours. Heightened market volatility necessitates careful risk management for investors navigating this dynamic landscape.
Read MoreU.S. Secretary of State Rubio issued a grave warning that allowing Iran to obtain nuclear weapons could lead to its permanent military domination of the Strait of Hormuz. This vital waterway, crucial for global oil shipments, faces a threat that would destabilize energy security and geopolitics worldwide.
Read MoreA novel attack method targeting AI agents has been uncovered: memory poisoning. Hackers can corrupt an AI's long-term memory to trick it into performing unauthorized sensitive actions, like fund transfers, without exploiting traditional code vulnerabilities, posing a major risk to automated financial systems.
Read MoreNasdaq-listed Bit Digital reported a 13.6% quarterly drop in Q1 2026 revenue to $27.9 million, primarily dragged down by a sharp decline in Ethereum staking yields, alongside lower cloud service and Bitcoin mining income. Net losses widened significantly.
Read MoreSouth Korean exchange Upbit will temporarily suspend HBAR deposits and withdrawals starting May 20, 2026, due to a scheduled Hedera network upgrade. Spot trading remains unaffected, but users may experience delays in transaction processing.
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