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More than $3 trillion in digital assets could eventually become vulnerable to theft within the next four to seven years, according to a new report from Project Eleven.Project Eleven focuses on post-quantum security and migration for digital assets and recently announced a collaboration with the Solana Foundation to prepare its network against the threat of quantum computing.“The digital asset industry holds over $3 trillion in aggregate value, and virtually all of it is secured by the same class of cryptographic primitive: elliptic curve digital signatures,” which are vulnerable to quantum computing attacks, the report said.But it is not only crypto…

Blockchain security firm CertiK projects that 2026 will close with 130 crypto wrench attacks and hundreds of millions in losses. The projection comes as physical violence against digital asset holders continues to accelerate. Crypto Wrench Attacks Jump 41% in Early 2026 The firm recorded 34 verified incidents between January and April, a 41% year-over-year jump. The estimated losses reached roughly $101 million across ransom payments, frozen funds, and failed demands. “The monthly breakdown shows 13 incidents in January (vs. 9 in January 2025), 5 in February (vs. 6), 10 in March (vs. 7), and 5 in April (vs. 2). The…

Deepfakes have shifted from a niche concern to a mass-market threat. May’s incidents show how consumer-grade tools now outpace any institutional response. The damage extends into crypto. Scammers leverage artificial intelligence (AI) to create impersonation scams. The Deepfake Economy Is Here, and Detection Is Losing In early May 2026, AI-generated content showed up across politics, entertainment, and crime, as documented by Resemble AI. FBI Director Kash Patel posted a video that appeared to use AI to generate shots nearly identical to those in the Beastie Boys’ “Sabotage” music video. Furthermore, an AI video of mayoral candidate Spencer Pratt drew 4.1…

MIAMI BEACH, Fla. — Sports betting should be regulated as a federal financial product rather than a state-licensed casino product, two panelists said Thursday.Appearing at Consensus Miami 2026, Jacob Fortinsky, co-founder and CEO of sports betting platform Novig, said the legacy sportsbook model is structurally broken because it treats winning bettors as cheaters.”Sports betting is really the only industry in the country that regularly limits and bans their power users,” Fortinsky said. He framed sports event contracts as binary financial instruments that “for so long have been treated as a gambling product and instead should really be treated as a…

Trump Media & Technology Group (DJT) reported a $405.9 million first-quarter net loss on $871,200 in revenue, widening from $31.7 million a year earlier as unrealized losses on its crypto holdings weighed on results.The parent company of Truth Social booked $244 million in unrealized losses on its cryptocurrency holdings. It also recorded a $108.2 million investment loss tied mostly to equity securities.Trump Media held 9,542.16 bitcoin BTC$80,688.67 at the end of March, with a cost basis of $1.13 billion and a fair value of $647.1 million, the firm wrote in a filing with the SEC. That position is now worth…

Binance co-founder Changpeng “CZ” Zhao said he was not very confident he would be pardoned by US President Donald Trump after serving a four-month prison sentence in 2024 for violating US anti-money-laundering laws.“You never know because we actually had very strong anti-lobbying from some of our perceived competitors in the US,” Zhao told Ran Neuner on the Crypto Banter podcast published to YouTube on Saturday.“The other crypto exchanges in the US don’t want me to get a pardon,” Zhao said, arguing they were concerned about Binance re-entering the US market after its exit in November 2023. The departure followed a…

London, United Kingdom, May 8th, 2026, Chainwire GoBTC Pay is a protocol that lets consumers make native and instant payments on Bitcoin’s base layer.  GoMining launches its own mining pool to prioritize GoBTC Pay transaction confirmation, targeting a 12-hour final on-chain settlement by the end of 2026. The launch marks a strategic expansion for GoMining, a platform with 5 million users. GoBTC Pay extends this ecosystem into everyday payments. GoMining launches GoBTC Pay a Bitcoin payment protocol that delivers on what the 2008 whitepaper promised: peer-to-peer electronic payments. GoBTC Pay enables free and instant Bitcoin payments on the core Bitcoin…

Key takeaways:A 50% drop in exchange activity and decentralized application revenue is stalling Ether price growth.Institutional investor interest in Ether remains under pressure as major holders like Bitmine face billions in unrealized losses. Ether (ETH) has failed to sustain levels above $2,400 for the past three months, consistently lagging behind most of its peers. Ether’s down 21% in 2026, and investors have expressed uncertainty about the altcoin’s inability to mirror the broader market recovery.Total crypto market capitalization vs. ETH, USD. Source: TradingViewThe total cryptocurrency market capitalization is down 11% year-to-date, suggesting specific headwinds for Ether remain in play. A decline in…

Wall Street bank JPMorgan and credit card giant Mastercard said they have completed the first cross-border, cross-bank redemption of a tokenized US Treasury fund, working with Ripple’s XRP Ledger and interbank settlement rails.The pilot transaction involved blockchain tokenization platform Ondo Finance redeeming the US Ondo Short-Term US Government Treasuries (OUSG) fund for Ripple on the XRP Ledger. Mastercard’s Multi-Token Network then routed the settlement instructions for JPMorgan’s blockchain platform, Kinexys, to deliver US dollars to Ripple’s Singapore bank account.“For the first time, a public blockchain and global banking infrastructure settled a cross-border transaction of a tokenized fund together in real…

Analysts expect XRP to break out of its multi-month range, but the asset just refuses to do so. Despite a few brief price fluctuations in both directions, Ripple’s cross-border token remains confined to a relatively tight range, with many analysts anticipating a big move ahead. In the meantime, many alts and the market leader posted notable gains over the past few days, but XRP failed to follow suit decisively. This is particularly intriguing given that the company behind the token has made many big moves lately, while the spot exchange-traded funds have turned green. All The Good Stuff Some of…