Myanmar’s military government proposes life in prison for crypto scammers

The military government of Myanmar released the text of a bill aimed at combating online fraudsters, with several penalties related to cryptocurrencies and scam centers. According to the text of the Anti-Online Fraud Bill, made public on Thursday, Myanmar’s parliament, the Pyidaungsu Hluttaw, proposed the law in response to online fraud in the country, which …

E-Estate Announces 1 Year Live: Washington DC Summit as Real Estate Tokenization Enters Its Next Phase

May 15th, 2026 – New York, USA E Estate Group Inc. announced that it will host E-Estate 1 Year Live: Washington DC Summit on June 13, 2026, bringing together company leadership, agents, buyers, strategic partners, and guests interested in the future of blockchain-based real estate ownership. The summit will take place at The Watergate Hotel …

Ethereum analysts see ‘downside risks’ as bears eye 20% ETH price drop

Market analysts say Ether (ETH) faces “downside risks” that could trigger another 20% downtrend toward $1,700, new analysis said. Key takeaways: Rising Ether supply on exchanges and declining ETF inflows suggested a possible ETH price drop over the coming days. Ether’s rising wedge pattern projected a potential 22% drop to $1,725 ETH inflows to exchanges rise …

Crypto’s CLARITY Act faces partisan fight over ethics on Senate floor

The US Senate Banking Committee passed the crypto framework CLARITY Act yesterday. Now, the bill, for which the crypto industry has heavily lobbied since it was introduced in 2025, will head to the Senate floor for a broader debate.  As Cointelegraph reported, over 100 amendments were proposed while lawmakers hashed out the exact language of …

Bitcoin price dives under $79K as US bond market triggers 3% BTC price rout

Bitcoin (BTC) fell below $80,000 at Friday’s Wall Street open as analysis tied risk-asset weakness to US bond markets. Key points: Bitcoin eyes its lowest levels of May as concerns over US bond yields spark a risk-asset rout. US 10-year treasury yields rise above levels that sparked a US tariff pause on China last year. …

Augustus CEO says banks can’t rebuild for AI and stablecoins

Augustus Bank’s CEO, Ferdinand Dabitz, says legacy clearing banks cannot truly rebuild their cores for artificial intelligence and programmable money, as his startup moves closer to launching a US national bank designed around both. The Office of the Comptroller of the Currency (OCC) granted conditional approval for Augustus Bank N.A. on Monday under the Guiding …

ZachXBT Says 95% of LAB Token Is Insider-Controlled as Investigation Exposes Multi-Front Retail Rug

Key Takeaways ZachXBT alleges LAB insiders control over 95% of supply and coordinated a 350% pump to a $6B FDV using Bitget infrastructure. The investigation exposes four simultaneous retail extraction methods: OTC loans at 7.5%/month, vesting changes, unpaid marketing rewards, and an opaque market-making deal. ZachXBT posted a $10,000 bounty on LAB founder Vova Sadkov …

BiggerZ.com Strengthens its International Presence With Crypto iGaming and Sportsbook Platform

PRESS RELEASE. BiggerZ.com continues to expand its global footprint as a crypto casino and sportsbook platform offering multi-currency payments, online casino games, and international sports betting markets. The platform is designed to support both cryptocurrency and fiat transactions within a single, unified environment. As blockchain adoption grows, demand for online gaming platforms that support fast, …

Multicoin’s DeFi Disaster: Firm Spotted Dumping AAVE After Brutal 55% Drawdown

Key Takeaways Multicoin Capital accumulated 338,005 AAVE at a $218 avg via Galaxy Digital OTC and is now sitting on over $40M in losses. Lookonchain flagged that Multicoin appears to be cutting its AAVE position after a 55% price decline. AAVE’s drop to ~$97 underscores DeFi blue chips’ underperformance relative to bitcoin during the 2026 …

Thorchain Loses Nearly $11M as Attackers Poison Vault Churn Process Across 4 Chains

Key Takeaways Thorchain lost approximately $10 to $11 million across Bitcoin, Ethereum, BSC, and Base on May 15, 2026. ZachXBT flagged the exploit publicly as RUNE dropped 12 to 15% within hours, falling to roughly $0.50. Node operators triggered a global emergency halt; a full post-mortem from Thorchain is still pending. Thorchain Funds Compromised Onchain …

822K Downloads at Risk: Malicious node-ipc Versions Spotted Stealing AWS and Private Keys

Key Takeaways Slowmist flagged three malicious node-ipc versions on May 14, targeting over 822,000 weekly npm downloads. The 80KB payload steals 90+ credential categories, including AWS keys and .env files via DNS tunneling. Developers must immediately pin to clean node-ipc versions and rotate all potentially exposed secrets. Developer Secrets at Stake Blockchain security firm Slowmist …

Bank Employee Hijacks 78-Year-Old Dementia Patient’s Account, Drains $125,000 via Checks, Debit Card Use and Wire Transfers: DOJ

A former employee of a billion-dollar lender faces decades in prison over the disappearance of thousands of dollars from an ailing septuagenarian’s bank account. According to the United States Attorney’s Office for the District of Rhode Island, former Santander Bank employee Carlos Bras drained over $125,000 starting in or about May of 2023 from the …

ETH stalls at $2.4K five times, SOL to rally to $120: Market Moves

Ether price is still stuck below $2.4K: Here is why Ether (ETH) has tested the $2,400 resistance five times over the past month, with each breakout attempt losing momentum near that level. The stalled price action comes as spot Ether exchange-traded funds (ETFs) recorded just $500 million in inflows since March. Ether reserves on Binance …

Polish lawmakers back revised crypto bill after repeated vetoes

Polish lawmakers approved a government-backed bill Friday to bring the country’s crypto market under the European Union’s Markets in Crypto-Assets Regulation (MiCA) framework, after President Karol Nawrocki twice vetoed earlier versions. The vote took place on Friday during the 57th sitting of the Sejm in Warsaw, where lawmakers adopted the legislation in a 241–200 decision, …

Bitcoin stalls above $80K despite CLARITY Act pass: What will trigger a breakout?

Bitcoin’s (BTC) Thursday rally to $82,000, buoyed by the Senate Banking Committee’s advancement of the CLARITY Act, has stalled amid stiff overhead resistance and weakening ETF demand. Still, analysts said that BTC’s upward momentum may increase if key conditions are met. Key takeaways: BTC bulls must flip the $82,000-$84,000 into new support. Return of strong …

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