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Sui Network Restarts After 6 Hour Outage

Sui Network is back online after a nearly six-hour outage on Thursday, which it attributed to a bug introduced by an update, marking the layer-1 blockchain’s second period of downtime in 2026.Sui posted to X on Thursday that activity on its…
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AI Coding Agents Have Made All DeFi Unsafe, Security Expert Says

Critics quickly pushed back, arguing that most recent crypto hacks were caused by operational failures instead. Manuel Aráoz, co-founder of smart contract security firm…
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Kraken Launches Bitcoin Yield Product

Crypto exchange Kraken has launched a non-custodial Bitcoin product, giving a 2.5% yearly yield, adding to the company’s yield product offerings amid a rising investor demand for crypto reward products.Kraken unveiled the product on…
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Moody’s Rates Fidelity International’s Ethereum-Based USD Liquidity Fund at Highest…

Key TakeawaysMoody’s assigned an Aaa-mf assessment to Fidelity International’s USD Digital Liquidity Fund on May 13, 2026.The fund, managed by FIL Investments International, targets institutional investors with $34.5B in MMF AUM.The…
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Trump Defends CFTC Jurisdiction Over Prediction Markets

US President Donald Trump has backed the Commodity Futures Trading Commission as having the “exclusive authority” over prediction markets, as state regulators' action against the platforms mounts.“It is critically important that the CFTC’s…
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Ondo Finance Founder Nathan Allman Dies Unexpectedly at 32

Allman was a vocal proponent of blockchain-based technology and elevated the sector of RWAs to new heights. Founder and CEO of Ondo Finance, Nathan Allman, has died…
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The Reason Why Bitcoin’s Largest Corporate Holder Chose Bonds Over BTC This Week (Analyst)

Some market watchers have argued that current bond yields may compete directly with BTC for institutional capital. Michael Saylor announced this week that Strategy…
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Crypto PAC Spending Surges in Texas Runoffs, as Prediction Markets Favor Challengers

Two Texas Congressional candidates supported by millions of dollars in spending from interest groups aligned with the cryptocurrency industry are headed for runoffs this week in races for the US Senate and House of Representatives.On…
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Kelp DAO Says rsETH Fully Restored 5 Weeks After Hack

Ethereum liquid staking protocol Kelp DAO says its restaked Ether token has been restored with a five-week recovery effort after the protocol suffered a $293 million exploit by North Korea’s Lazarus Group on April 18.Kelp DAO posted to X on…
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Bitcoin Risk Index Climbs Amid ETF Outflows, Iran Fears

Bitcoin is sliding into a high-risk environment due to continued institutional selling, primarily from US spot exchange-traded funds, according to crypto analytics platform Swissblock.Swissblock said on Tuesday that its Bitcoin risk index…
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