May 16, 2026

Blog

Crypto

Over Protocol’s lights go out, leaving a “decentralized” shell behind

Over Foundation has shut down all Over Protocol infrastructure, abandoning OverWallet, nodes and explorers, and leaving block production to any validators stubborn enough to keep running. Summary Over Foundation says “insurmountable financial constraints” forced it to permanently cease operations, killing OverWallet, OverNode, OverFlex, RPC endpoints, block explorers, and public APIs with immediate effect. The Layer

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Tech & AI

Xpeng Flying Car Deliveries Target 2027 as Certification Gaps Remain

Xpeng’s flying car factory is moving from prototype to production, but certification gaps still separate delivery plans from public passenger service. The post Xpeng Flying Car Deliveries Target 2027 as Certification Gaps Remain appeared first on TechRepublic. Source link

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Coinbase

Bitcoin Core drops OP_RETURN deprecation hours before v30 release month

The accommodation signaled a slight victory for Knots node operators who have protested Core’s easements of OP_RETURN’s datacarriersize. Source link

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Crypto

US intelligence assesses Iran’s potential response to Trump victory claim

US intelligence agencies are assessing Iran’s likely response if Trump declares victory in the ongoing conflict. The probability of no US-Iran diplomatic meeting by June 30 is now at 15.7% YES, up from 4% a week ago. Market reaction The market for no diplomatic meeting by June 30 spiked 32 points from 18% to 50%

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Bitcoin

CFTC Sues Wisconsin Over Prediction Market Ban

Key Takeaways: The CFTC sued Wisconsin on April 28, 2026, defending Kalshi and Polymarket against state gambling law enforcement. Wisconsin AG Josh Kaul filed 3 lawsuits on April 23 targeting platforms earning over $1 billion annually from sports contracts. The CFTC has now sued 5 states in April 2026, with the conflict expected to reach

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Crypto

Chainalysis Traces Iran Stablecoin Network After $344M USDT Freeze

Tether froze $344M in USDT across two blockchain addresses on April 23, 2026, acting on information from the Office of Foreign Assets Control and U.S. law enforcement in a coordinated action that simultaneously added two Central Bank of Iran-linked crypto addresses to OFAC’s sanctions list, marking the latest advancement in the Iran stablecoin drama. Blockchain

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Coinbase

XRP Ledger creator David Schwartz leaves Ripple role after 13 years

Schwartz, who has worked on XRP Ledger since 2011, previously admitted to selling off a large part of his XRP portfolio for $0.10 per token. Source link

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Tech & AI

Nintendo and Illumination may have a mystery movie coming in 2028

If you haven’t been a big fan of Nintendo’s recent foray into major motion pictures, then the company may have a chance to redeem itself. Following the recent release of the poorly reviewed but extremely financially lucrative The Super Mario Galaxy Movie, it looks like Nintendo’s partnership with the animation studio Illumination is set to

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Crypto

Aave Outlines Steps to Rebuild rsETH Collateral

Recovered tokens will be sent to a DeFi United multisig wallet, redeemed for ETH, and used to cover the shortfall across affected markets. Aave has announced a recovery plan following an April 18 exploit that affected its liquidity markets and collateral positions on several chains. The update explains how DeFi United, a group of

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Bitcoin

Galaxy Digital Posts $216M Q1 Loss as 20% Crypto Drop Cuts Portfolio Value

Key Takeaways: Galaxy Digital posted a $216M Q1 loss as the crypto market fell approximately 20% by March 31. Galaxy Digital assets fell 12% to approximately $10B, showing crypto sector volatility impact. Galaxy Digital bets on Helios, adding 830MW; Coreweave deal to drive Q2 revenue. Mike Novogratz’s Galaxy Holds $2.6B Cash as $216M Loss Tests

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