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Asia's stablecoin dominance highlights a shift towards practical crypto applications, potentially reshaping global financial ecosystems.
The post Asia dominates stablecoin payments, accounting for two-thirds of volume appeared first on Crypto Briefing.

Nearly 20% of the world’s oil supply moves through the Strait of Hormuz. Iran now wants a cut of it — not by force, but through Bitcoin. Related Reading: XRP Will Go ‘Higher, Much Higher,’ Analyst Says, Betting On Explosive Breakout A Platform Built Around Geography Iran’s Ministry of Economy launched Hormuz Safe on May 16, 2026, a maritime insurance platform that lets cargo operators pay with Bitcoin and other cryptocurrencies instead of going through traditional banks. Once a payment clears on-chain, the cargo gets immediate insurance coverage along with a digitally signed receipt. The target market is ships passing through the Persian Gulf and the Strait of Hormuz — one of the most heavily trafficked shipping corridors in the world. Iranian media have reported tha...

Bitcoin price started a fresh decline below the $77,500 zone. BTC is consolidating and might struggle to stay above the $76,000 support. Bitcoin failed to stay above $77,500 and extended losses. The price is trading below $77,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $76,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $77,000 and $77,500 levels. Bitcoin Price Dips Again Bitcoin price failed to stay above the $77,500 support zone. BTC remained in a bearish zone and extended losses below the $77,000 level. There was a move below the $76,500 level. The price even dipped below $76,200. A low was formed at $76,020 and the price is now consol...

Echo Protocol suffered an exploit on Monad, with an attacker minting 1,000 eBTC worth roughly $76.64 million. Curvance paused the affected market while Echo Protocol suspended all cross-chain transactions. The incident raised May’s running tally of crypto hacks to 14. How the Echo Protocol Exploit Unfolded On-chain analyst dcfgod first flagged the incident. PeckShield mapped
The post Echo Protocol Joins THORChain, Verus as May Hack Count Reaches 14 appeared first on BeInCrypto.

AI trade concentration risks highlight the need for diversified strategies to mitigate potential market volatility and protect investments.
The post Goldman Sachs outlines hedging strategies amid AI trade momentum appeared first on Crypto Briefing.

Google's AI advancements could redefine tech industry standards, impacting governance, security, and the integration of AI in blockchain.
The post Google to unveil AI breakthroughs at Google I/O 2026 livestream appeared first on Crypto Briefing.

An alleged support impersonation scheme led to more than $13 million in cryptocurrency wallet losses, according to the DOJ. The case centers on fake support claims, unauthorized digital account access, wallet transfers, and laundering through luxury spending. Support Impersonation Scheme Led to Crypto Wallet Losses The Department of Justice (DOJ) announced on May 11 that […]

The S&P credit rating for Sky Protocol could pave the way for increased institutional investment in DeFi, despite inherent risks.
The post Sky ecosystem becomes first DeFi protocol to receive an S&P credit rating appeared first on Crypto Briefing.

The UK's regulatory focus on tokenisation could position it as a global leader in digital finance, enhancing market efficiency and innovation.
The post UK’s FCA and Bank of England outline vision for tokenisation in wholesale markets appeared first on Crypto Briefing.