May 16, 2026

Blog

Coinbase

Binance Wallet glitch shows $0 balances after weekend chaos

Binance Wallet is now incorrectly displaying user balances as $0 following this weekend’s chaotic $20B crypto crash. Source link

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Bitcoin

Why Bitcoin Trades Like Risk Asset Despite Safe Haven Properties, Willy Woo Explains

Key Takeaways: Bitcoin still trades like a risk asset during uncertainty, says Willy Woo. NASDAQ correlation keeps bitcoin tied to macro stress, limiting safe-haven behavior. Market acceptance may take years before bitcoin rivals gold, according to Woo. Bitcoin Safe-Haven Properties Still Face Market Doubt Analyst Willy Woo explained why bitcoin continues to trade like a

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Crypto

Israel strikes in Gaza increase pressure on Netanyahu amid political turmoil

Israel’s military strikes in Gaza, killing a dozen people, have added political pressure on Prime Minister Netanyahu. The “Netanyahu out by June 30” contract trades at 5.5% YES, down from 6% yesterday. The June 30 ouster market sits at 5.5% YES amid continued military operations in Gaza. The April 30 contract is at 0.2% YES,

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Tech & AI

Sinceerly is an AI tool to ‘un-AI’ your writing

A new ouroboros in the tech world has emerged: There’s now an AI tool to “undo” AI writing. Sinceerly is a Google Chrome extension to edit AI-generated (or human-written) emails. The aim is to add in errors that are typically scrubbed away with AI tools and change some of the obvious AI text “tells,” like

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Crypto

Pavel Durov Unveils Massive TON Fee Cut With Near-Zero Costs Incoming

TON will reduce transaction fees to near zero within a week. Telegram founder and CEO Pavel Durov said that within a week, transaction fees on TON will be reduced sixfold to 0.00039 TON (about $0.0005) per transaction. Moreover, fees will remain fixed regardless of network load. Zero-Fee Transactions In his latest update, Durov also

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Coinbase

How Binance’s USDe ‘depeg’ cost the exchange millions

During the chaos, Ethena’s “synthetic dollar” USDe briefly traded at just $0.65 on Binance. The exchange has reimbursed victims with $283M. Source link

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Bitcoin

38 Attorneys General Back Massachusetts Lawsuit Against Kalshi Over Prediction Markets

Key Takeaways: Coalition of 38 attorneys general supports Massachusetts lawsuit alleging Kalshi enables unlicensed sports betting activity. CFTC filing adds to the dispute as federal regulator claims exclusive authority over prediction markets. Court decision in Massachusetts case could reshape balance between state gambling enforcement and federal oversight powers. Kalshi Sports Betting Lawsuit Draws State Enforcement

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Crypto

DoorDash Pays Drivers in Stablecoins via Tempo

DoorDash has begun building stablecoin payment infrastructure on Tempo, the Layer-1 blockchain incubated by Stripe and Paradigm, to pay delivery workers and merchants across more than 40 countries at near-instant settlement speeds and fixed US dollar fees, in one of the largest real-world stablecoin payment deployments by a publicly traded US company to date. Summary

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Tech & AI

Discord Sleuths Gained Unauthorized Access to Anthropic’s Mythos

As researchers and practitioners debate the impact that new AI models will have on cybersecurity, Mozilla said on Tuesday it used early access to Anthropic’s Mythos Preview to find and fix 271 vulnerabilities in its new Firefox 150 browser release. Meanwhile, researchers identified a group of moderately successful North Korean hackers using AI for everything

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Crypto

Lazarus Group linked to $292M DeFi hack, $13B TVL outflows ensue

Five years into building DeFi, @kaiynne now feels more scared than ever about keeping money on chain, following the Kelp DAO hack. The market predicting another $100M+ hack by December 31, 2026, sits at 100% YES. North Korea’s Lazarus Group has been linked to the $292-294 million exploit. The hack triggered over $13-15 billion in

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