DeFi shake-up: Lido cuts staff, Curve rethinks L2s
Despite a DeFi resurgence, Lido announced a 15% cut of contributors, while a Curve governance proposal suggests cutting Layer Two development. Source link
Coinbase
Crypto
Iran rejects US demands for uranium surrender, tensions rise
## Market Snapshot In the “Iran’s Enriched Uranium Surrender” market, YES shares are currently priced at 46%, up from 42% a day ago. In the “US Obtains Iranian Enriched Uranium” market, the YES price is at 6.5%, showing minimal change from 6% yesterday. ## Key Takeaways – Iran’s firm rejection of U.S. demands suggests a
Bitcoin
Chainlink Lands DTCC Deal to Automate Collateral Workflows Across Global Blockchains – Bitcoin News
Key Takeaways DTCC will integrate Chainlink’s Runtime Environment into its Collateral Appchain, targeting a Q4 2026 production launch. The platform automates collateral workflows for a firm that processed $4.7 quadrillion in securities transactions in 2025. Chainlink Co-Founder Sergey Nazarov says collateral management is the blockchain sector’s key application for traditional finance (TradFi). DTCC Picks Chainlink
Crypto
XRP Ripple News: $200M Credit Facility Standard Chartered Deal
In Ripple news today, the Brad Garlinghouse-led firm has secured a $200M revolving credit facility with investment management firm Neuberger Berman, confirmed May 11, 2026, to power its expanding prime brokerage operation, with Standard Chartered serving as the anchor banking partner on the deal. XRP is currently trading near $1.45, up roughly +4.5% in the
Tech & AI
Instructure strikes deal with hackers who breached it twice
Instructure, the maker of the popular school information portal Canvas, said on Tuesday it has “reached an agreement” with the hackers who breached its systems twice, stole a huge amount of student and staff data, and disrupted thousands of schools that rely on the company’s software. ShinyHunters, a financially motivated cybercrime group, took credit for
Coinbase
Songs for pumping and dumping: crypto’s Spotify leak
The Panama Playlists have revealed the musical tastes of some of the crypto industry’s most high-profile key opinion leaders. Source link
Crypto
$NXT Launches on OKX Boost, KuCoin, MEXC, and LBank — Bringing AI-Powered Global Entertainment to Web3
[PRESS RELEASE – Dubai, UAE, May 12th, 2026] NEXST, the AI-driven entertainment infrastructure building the next generation of immersive fan engagement, today announced that its native token, $NXT, will begin trading globally on May 12, 2026 across major crypto trading platforms, including OKX Boost, KuCoin, MEXC, and LBank. The $NXT TGE will mark the launch
Bitcoin
ZachXBT Names Bitget’s Real Boss, Warns Escalation Against Chinese CEX ‘Cartel’ Is Coming
Key Takeaways ZachXBT named Bitget founder Shawn Liu as the platform’s actual leader, relegating current CEO Gracy Chen to a figurehead role. He also warned of an imminent escalation against the “Chinese CEX cartel” in the near future. Neither Bitget nor Shawn Liu has publicly responded to ZachXBT’s allegations at press time. Turning The Spotlight
Crypto
Ethereum Foundation unstaked 21,270 ETH as treasury activity draws attention
The Ethereum Foundation has withdrawn more than 21,000 ETH from Lido staking weeks after carrying out earlier unstaking activity and multiple OTC treasury sales tied to operational funding. Summary Ethereum Foundation withdrew 21,270 ETH from Lido weeks after earlier unstaking activity and OTC treasury sales. Recent Ethereum Foundation grants continued funding work tied to zero-knowledge
Nft
XRP Sits at $1.47 Inside a Tightening Triangle — A Daily Close Above $1.529 Could Unlock a Fast Path to $1.80
XRP is approaching a moment of reckoning. After months of grinding compression between descending resistance and rising support, the token is trading in the mid-$1.40s inside a narrowing symmetrical triangle that analysts say is nearing its apex. The setup is simple but consequential: either buyers force a decisive close above key resistance and unlock a