May 16, 2026

Blog

Bitcoin

Luxor Signs MicroBT Hardware Commitment Worth $100M Alongside Firmware Launch

Key Takeaways: Luxor Technology expanded LuxOS firmware to MicroBT Whatsminer miners, covering select M50 series models. MicroBT’s investment manager ITL signed a term sheet alongside a $100M Luxor hardware purchase commitment. Whatsminer fleets gain Power Targeting and faster curtailment recovery, with broader model support planned. Luxor Extends LuxOS to MicroBT’s Whatsminer M50 Series The Seattle-based

Read More
Coinbase

Liberland algorithm elects Justin Sun as prime minister for fifth time

Liberland, nestled between Serbia and Croatia, holds an election every three months and announced the results of its latest vote today. Source link

Read More
Tech & AI

India’s Snabbit closes $56M round as investor interest in on-demand home services heats up

Snabbit, an Indian on-demand home services startup, has closed a $56 million funding round, confirming TechCrunch’s earlier report. Co-led by Susquehanna Venture Capital, Mirae Asset Venture Investments’ Unicorn Growth Fund, and Bertelsmann India Investments, the company’s Series D round values the Bengaluru-based startup at around $350 million, according to a person familiar with the matter.

Read More
Crypto

Bitcoin price tests ascending channel top at $78K

Bitcoin is pressing the upper boundary of a two-month ascending channel near $77,500, with the 4H MACD histogram turning negative at the trendline and the FOMC meeting on April 28 and 29 serving as the next major catalyst. This article examines the technical structure, key levels, and on-chain data shaping Bitcoin’s next directional move. Summary

Read More
Bitcoin

BIR to Explore Blockchain Analytics to Boost Tax Compliance

The Bureau of Internal Revenue (BIR) and the Presidential Anti-Organized Crime Commission (PAOCC) met to discuss the use of data and blockchain analytics regarding tax compliance among online sellers and emerging payment channels. The meeting involved BIR Commissioner Charlito Mendoza, PAOCC Undersecretary Benjamin Acorda Jr., and Assistant Commissioner James Roldan. The discussion centered on tax

Read More
Crypto

Bank of Japan likely to hold rates amid inflation concerns

The Bank of Japan is expected to maintain its interest rate at 0.5% following its April 26-27 meeting, with the likelihood of a rate decrease at 0.1% YES, unchanged from a week ago. Market reaction The Bank of Japan Decision in April 2026 market shows odds for a rate decrease flat at 0.1% YES with

Read More
Bitcoin

Chainalysis Maps Iran Stablecoin Pipeline Behind $344M USDT Freeze

Key Takeaways: $344M USDT freeze exposed a multi-step crypto pipeline across Iran-linked networks. Chainalysis traced wallet activity tied to the Central Bank of Iran network. Stablecoins remain central to Iran-linked networks using brokers, DeFi, and intermediaries. Iran-Linked Stablecoin Flows Come Under Sanctions Scrutiny Sanctions enforcement tied to Iran’s crypto activity is intensifying after a major

Read More
Coinbase

Lord Miles wants YouTubers to help settle Polymarket scandal

Lord Miles’ X account claims the YouTuber is in a Saudi jail but crypto sleuths suspect he may have rigged the bet to fail. Source link

Read More
Crypto

Analyst Warns of a Potential Drop as ETH Is ‘Looking Weak’

The asset’s price may retrace in the short term before giving trades a better opportunity to open long positions. Earlier this month, it seemed like Ethereum (ETH) was on its way to reclaim $2,500, but the bears intercepted the move. Currently, the asset trades at around $2,300, and some analysts believe a more substantial

Read More
Tech & AI

Truecaller Faces New Pressure in India as Growth Matures

Truecaller has hit 500 million monthly users, but slower growth in India, CNAP rollout, and ad pressure are testing whether its next phase can be as strong as its first. The post Truecaller Faces New Pressure in India as Growth Matures appeared first on TechRepublic. Source link

Read More