Author: WebDesk

Timothy Morano May 16, 2026 10:18 THORChain confirms $10M hack affecting 12,847 wallets. Recovery portal live for claims; treasury-backed refunds available until June 4. THORChain, the decentralized cross-chain liquidity protocol, has launched a recovery portal following a confirmed $10 million exploit on May 11, 2026. The breach impacted 12,847 wallets across Bitcoin (BTC), Ethereum (ETH), BNB Chain, and Base. The portal, live as of May 16, allows affected users to check their compensation and submit refund claims, supported by a treasury-funded refund pool of equivalent size. The incident, revealed via a PeckShield post-mortem,…

MiCA Decoded is a 12-article weekly series for Bitcoin.com News, co-authored by LegalBison’s Co-Founding and Managing Directors: Aaron Glauberman, Viktor Juskin and Sabir Alijev. LegalBison advises crypto and FinTech companies on MiCA licensing, CASP and VASP applications, and regulatory structuring across Europe and beyond. There is a version of the MiCA authorization process that founders talk about as if it ends the moment the license arrives. Apply, wait, get authorized, operate in the EU. The license is the finish line. That framing misreads what MiCA actually authorizes. A Crypto-Asset Service Provider (CASP) license grants permission to provide specific crypto-asset services,…

Shiba Inu (SHIB) fans continue to worry about the cryptocurrency’s lackluster performance over the last few years. SHIB’s price has been on a downward trajectory after hitting $0.00003 in December 2024. The memecoin has traded below the $0.000007 price level for several month now. Let’s discuss what Shiba Inu’s (SHIB) worst case scenario could be, and what you should do to prepare yourself.Shiba Inu Worst Case Scenario: What Could Happen?Source: PixabayShiba Inu (SHIB) had an incredible launch in 2020, registering massive gains within months of its debut. Early investors made big returns with minimal investments after the coin climbed to…

Failed transactions on the XRP Ledger climbed sharply this week alongside a burst of new user activity, as on-chain data pointed to a wave of participation that accompanied the token’s latest price recovery. Wallets Running Toward 8 Million Total activated accounts on the XRP Ledger reached 7,856,080, putting the network within striking distance of a milestone that has been building for months. Related Reading That figure was pushed higher by a surge in new wallet creation — 3,317 fresh wallets were added in a single day, the strongest reading since March 19. New wallet activity had been relatively quiet for…

Alvin Lang May 16, 2026 08:43 AAVE’s breakdown below $95 resistance targets $82 support within 10 days, with technical indicators suggesting 65% probability of reaching $76-80 range. Whale accumulation patterns indicate potenti… Market Context: Why AAVE is Moving Now AAVE’s 7.34% daily decline reflects a decisive break below the 20-day moving average at $95, confirming a broader DeFi rotation pattern. With the current price at $89.51 sitting well below the 200-day moving average at $139.66, we’re witnessing a textbook institutional shakeout. The negative funding rate of -0.0103% reveals shorts are paying longs to…

Luisa Crawford May 16, 2026 08:39 LDO sits dangerously close to its lower Bollinger Band at $0.35 with futures traders positioning 63% short and aggressive selling pressure mounting. Target $0.31 support within 48 hours with 70% pr… The Immediate Setup LDO is getting hammered right now, down 7.35% in 24 hours and trading at $0.35 – practically kissing that lower Bollinger Band. The momentum has completely stalled out with MACD flatlining at zero, while RSI sits in no-man’s land at 41.84. What’s telling me this isn’t done falling is the price action itself…

Tony Kim May 16, 2026 08:38 HBAR faces aggressive selling pressure despite neutral technicals, pointing toward an 18% correction to $0.074 support levels. Smart money’s 64% long positioning suggests subsequent recovery above … Market Context: Why HBAR is Moving Now HBAR sits trapped in a compression phase at $0.09, with all short-term moving averages converging at nearly identical levels. This technical setup creates unstable equilibrium that typically resolves with sharp directional moves. The funding rate at -0.0051% shows shorts paying longs, yet aggressive selling volume outpaces buying by 32% in recent trading sessions.…

Bitcoin ETFs logged $1 billion in net outflows in the week ending May 15, ending a six week inflow streak. Summary US spot Bitcoin ETFs recorded $1 billion in net outflows for the week ending May 15, their largest weekly exit since late January. The reversal ended a six week inflow streak worth $3.4 billion, the longest positive run since July 2025. On the final trading day of the week, all 11 Bitcoin ETFs posted outflows totalling $290.42 million with no fund positive. US spot Bitcoin ETFs posted $1 billion in net outflows for the week ending May 15, according…

Ripple’s XRP token has seen substantial adoption over the years. While the asset faced significant struggles after the SEC sued Ripple for allegedly selling unregistered securities, things have since changed after a settlement in 2025. Ripple CEO Brad Garlinghouse recently shared a few points that makes the cryptocurrency unique. Let’s discuss what they are.Ripple CEO On What Makes XRP UniqueSource: Bitcoin NewsIn the video shared on Ripple’s X page, Garlinghouse starts off with a history lesson on the coin’s beginnings. The CEO states the team behind XRP had contributed to the development of Bitcoin (BTC). He states that they wanted…

For years, digital visibility depended on one dominant mechanism: search rankings. Brands optimized websites for Google, competed for backlinks, and measured success through traffic acquisition.Today, users increasingly ask ChatGPT, Claude, Gemini, Perplexity, and other AI systems to summarize markets, compare companies, recommend vendors, and explain trends. Instead of browsing ten blue links, they receive synthesized answers generated from patterns across large volumes of content.A crypto startup may rank well on Google yet remain absent from AI-generated answers entirely. Another project with fewer direct search rankings may appear repeatedly because its narratives circulate consistently across trusted publications, syndication networks, and editorial…