The Senate Banking Committee voted on May 14, 2026, to advance the Digital Asset Market CLARITY Act, pushing the United States closer to its first comprehensive crypto market structure law. A16z Crypto Backs CLARITY Act After Senate Committee Vote The committee’s “markup” vote moved the legislation forward on a bipartisan basis. Miles Jennings, General Counsel […]
The $292 million KelpDAO exploit is among the biggest crypto losses of 2026. The impact of this attack on users’ confidence was broad, triggering a $13.5 billion drop in DeFi total value locked (TVL). However, recent developments suggest a return in market confidence. Related Reading: ZachXBT Claims LAB Insiders Control 95% After $6 Billion Crypto […]
The post Ripple’s Schwartz Joins XRPL Foundation, XRP Hits ATH in Wallets, Cardano Founder Hoskinson Calls Clarity Act ‘Insanity’ — Top Weekly Crypto News appeared on BitcoinEthereumNews.com.
Ripple’s Schwartz joins XRP Ledger Foundation The XRP Ledger Foundation (XRPLF) has appointed Ripple Chief Technology Officer David Schwartz as an Honorary Board Member. The XRP Ledger Foundation (XRPLF) has announced a major addition to its leadership ranks, welcoming Ripple Chief Technology Officer David Schwartz as an Honorary Board Member. The appointment brings one of the most prominent and deeply knowledgeable figures in the cryptocurrency space directly into the fold of the independent non-profit tasked with fostering the XRPL ecosystem. Ripple’s Schwartz Joins XRPL Foundation, XRP Hits ATH in Wallets, Cardano Founder Hoskinson Calls Clarity Act ‘Insanity’ — Top Weekly Crypto News ‘Most Entertaining Outcome’: Did Elon Musk Endorse Dogecoin? “We’re honored to welcome David Schwartz as an Hon
The post Is ETH Still the Backbone of Web3? appeared on BitcoinEthereumNews.com.
Ethereum is no longer just “the smart contract chain.” In 2026, it is better understood as a settlement layer, liquidity hub, developer base, staking network, ETF asset, and foundation for a growing web of Layer 2 ecosystems. That makes the question more nuanced than whether Ethereum is still important. The real question is whether ETH still captures enough value from the activity built around it. For crypto investors, DeFi users, builders, and Web3 businesses, Ethereum remains difficult to ignore. It still anchors much of the DeFi economy, supports major stablecoin and tokenized asset activity, and serves as the base layer for many rollups. At the same time, users now interact with Ethereum through Layer 2 networks more often than through Ethereum Mainnet itself. This guide explains Ethereum’s 2026 position without hype. It looks at what Ethereum still does well, where the risks are, how Layer 2 scaling c
The post THORChain exploit turns DeFi halt into trust test appeared on BitcoinEthereumNews.com.
Make CryptoSlate preferred on THORChain’s suspected multichain exploit and emergency halt on May 15 has turned into another DeFi security incident, and another test of cross-chain trust. Emergency controls moved through chain-specific halts, Halt All Trading, Halt Signing, Halt Chain Global, Halt Churning, and repeated global node-pause updates. One public alert described the likely exploit affecting Bitcoin, Ethereum, BSC, and Base, resulting in more than $10.7 million in losses, revised from an earlier $7.4 million estimate. Another security estimate put the loss near $10 million, including 36.75 BTC and about $7 million across BNB Chain, Ethereum, and Base. The chain scope was later expanded in a TRM Labs assessment, which reported that the attacker drained more than $11 million across at least nine chains. Those chains included Avalanche, Dogecoin, Litecoin, Bitcoin Cash, and XRP, in add
Stablecoin dominance pushes above the fast line as BTC flashes a second TBT bearish divergence. Altcoin breadth is cracking. The 10.6% level is what to watch The weekend is not looking clean for crypto. Bitcoin’s daily candle printed a second TBT bearish divergence, per MooninPapa on X. RSI already cut below recent pullback lows from […]
The post Capital Is Running to Stablecoins. What Happens to Alts Next Is Ugly appeared first on Live Bitcoin News.