Crypto News
Kraken cuts 150 staff amid AI efficiencies, potentially delaying IPO: Report
Kraken has cut 150 staff due to the rising use of AI, adding to more than 5,000 layoffs across the crypto sector so far this year, Bloomberg reports.
Published Date: 2026-05-18 07:14:27Creator: Cointelegraph by Jesse Coghlan
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Verus Ethereum bridge reportedly exploited for $11.6M in latest DeFi attack
Two security companies have flagged the address where the stolen funds are allegedly being held, showing the cryptocurrencies have been converted into 5,402 Ether.
Published Date: 2026-05-18 07:11:30Creator: Cointelegraph by Stephen Katte
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Surging oil prices have been driving Ether selling pressure: Tom Lee
Fundstrat's Tom Lee pointed out an inverse correlation between crude and Ether as oil surged back to around $110 on Monday.
Published Date: 2026-05-18 07:02:06Creator: Cointelegraph by Martin Young
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Bernstein says Figure's Q1 results shows uniqueness of blockchain marketplaces
Figure Technology Solutions latest quarterly results showed Bernstein analysts just how different it is from most balance sheet-based fintech lending platforms.
Published Date: 2026-05-17 21:14:00Creator: Cointelegraph by Robert Lakin
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Saylor signals BTC buy as retail holders get push on STRC dividend vote
Michael Saylor signaled another Bitcoin buy on Sunday while urging retail investors to vote on a proxy measure enabling semi-monthly STRC dividend payouts.
Published Date: 2026-05-17 18:01:00Creator: Cointelegraph by Robert Lakin
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SBI, Rakuten, Nomura line up to launch crypto investment trusts: Report
Japan’s biggest brokerages are racing to bring crypto investment trusts to retail investors, as regulators move to formally allow crypto-holding funds by 2028.
Published Date: 2026-05-17 10:51:22Creator: Cointelegraph by Amin Haqshanas
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Bitcoin slides below $79K on macro fears: Can fixed-income outflows save it?
While macro pain and Iran war uncertainty drag Bitcoin below $79K, fixed-income market outflows could trigger a medium-term Bitcoin rebound.
Published Date: 2026-05-17 08:50:02Creator: Cointelegraph by Marcel Pechman
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Italy’s largest bank more than doubles crypto holdings to $235M in Q1: Report
Intesa Sanpaolo grew its crypto holdings from $100 million to $235 million in Q1 2026, making first-time moves into Ethereum and XRP while nearly exiting Solana entirely.
Published Date: 2026-05-17 08:31:02Creator: Cointelegraph by Amin Haqshanas
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Michael Saylor floated Bitcoin sales idea to avoid 'impairing' the asset
Strategy executive chairman Michael Saylor said that continuing to use the “never sell” Bitcoin mantra could ultimately undermine the very asset his company is built around.
Published Date: 2026-05-17 05:27:23Creator: Cointelegraph by Ciaran Lyons
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US CLARITY Act will be a ‘boon for domestic innovation’: A16z
A16z crypto said that when US legal frameworks strike a balance between innovation and consumer protection, the impact tends to ripple through into global markets.
Published Date: 2026-05-17 01:09:05Creator: Cointelegraph by Ciaran Lyons
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