Month: May 2026

Signal Says it Might Exit Canada if Forced to Comply with Lawful Access Bill

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Privacy messaging app Signal has said it may exit Canada if forced to comply with the country’s proposed lawful access bill, which would require companies to build technical surveillance capabilities that some argue could threaten end-to-end encryption. In an interview with Canadian news outlet The Globe and Mail on Thursday, Signal’s vice president of strategy and global affairs, Udbhav Tiwari, argued that the bill could threaten encryption and leave private messaging services vulnerable to potential cyberattacks.  Bill C-22 is part of a regulatory package introduced in March. It would require…

Australia Crypto Investors Face Higher Taxes Under Proposed CGT Rules

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Australia’s proposed changes to capital gains tax could lead to smaller profits for cryptocurrency traders, especially low-income earners, and could discourage “patient investing,” according to several crypto executives. The proposed reform, announced by the ruling Labor Party on Tuesday as part of its fiscal year 2027 budget, will bring in a minimum 30% tax on capital gains and scrap the 50% capital gains tax discount on assets held for more than 12 months.  Robin Singh, CEO and founder of crypto tax platform Koinly, told Cointelegraph the proposed changes are a…

Kraken Switches from LayerZero to Chainlink after Kelp DAO Hack

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Crypto exchange Kraken announced Thursday that it had changed its cross-chain provider from LayerZero to Chainlink’s Cross-Chain Interoperability Protocol, joining a number of protocols that have made the move following the Kelp DAO exploit in April. Kraken said it is deprecating its existing cross-chain provider and migrating to Chainlink CCIP as its exclusive cross-chain infrastructure to secure Kraken Wrapped Bitcoin (kBTC) and all future wrapped tokens. The company added that it chose Chainlink CCIP because it “offers enterprise-grade infrastructure with strict security and risk management requirements.” These include certifications, secure-by-default…

Ethereum Flashes Key Sell Signal – 50% Corrective Phase Ahead?

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As the market reacts to the latest crypto legislation, Ethereum (ETH) is flashing warning signs after a fresh technical sell signal emerged for the first time in months and a spike in on‑chain realized profits. Related Reading Ethereum Risks New Leg Down After Key Sell Signal On Thursday, Ethereum jumped 3.5 % intraday before hitting its three-day $2,320 resistance area. The move follows the advancement of the crypto market structure bill, known as the CLARITY Act, to a full Senate vote after a 15-9 bipartisan vote during the Senate Banking…

Strategy’s STRC Hits Record $1.5B Daily Trading Volume

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Strategy’s perpetual preferred stock, STRC, the company’s primary vehicle for funding its Bitcoin purchases in 2026, hit a new daily trading volume record of $1.5 billion on Thursday. “All-time high volume. $1.53B of liquidity,” chairman Michael Saylor said, referring to Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock.  Stretch offers investors an 11.5% dividend without requiring the company to dilute common shares.  Source: Michael Saylor According to the STRC.live tracker, the company could, in theory, raise an estimated $735.4 million from Thursday’s performance to purchase 9,066 Bitcoin (BTC).  However,…

Bullish Posts Q1 Earnings Miss, $605M Loss

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Shares in the US crypto exchange Bullish fell on Thursday after the company’s first-quarter earnings missed analysts’ top and bottom line expectations. Bullish’s adjusted revenue for the quarter ended March 31 was $92.8 million, up from $62.4 million a year ago, but below Wall Street expectations of $95.4 million. The company reported a net loss of $604.9 million, deeper than its $348.6 million loss in the prior-year period. Its adjusted earnings per share were 13 cents, below estimates of 17 cents. Bullish is the latest crypto company to report an…

Provenance Blockchain: Hidden Gem in Crypto?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Discover Provenance, the blockchain tokenizing mortgages and insurance contracts. With $750M in mortgages and $400M+ in insurance contracts already tokenized, is HASH the next big thing? This is for entertainment and educational purposes only. Always consult a financial advisor. #Provenance #Blockchain #HASH #Crypto #Tokenization ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Borrowers Deserve Lenders Who Understand Bitcoin

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The following opinion article was authored by Matt Luongo, the Founder and CEO of Thesis*, the venture studio behind Mezo, tBTC, and Lolli. A developer by background, he’s been building in Bitcoin since 2014 and co-founded Fold, now publicly traded on Nasdaq. Under his leadership, Thesis* has raised capital from a16z, Polychain, ParaFi, and Pantera. Mezo, his current focus, grew out of his own attempt to get a Bitcoin-backed mortgage and the realization that Bitcoin still lacks a functioning credit market. He writes and speaks on self-custody finance, Bitcoin-native lending,…

Ethereum Dips To $2,250 As Trader Profit-Taking Hits 3-Week High

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On-chain data shows investor realized profits on the Ethereum network have hit their highest level in three weeks alongside the dip in the ETH price. Ethereum Realized Profit/Loss Shot Up Recently According to data from on-chain analytics firm Santiment, the Ethereum Network Realized Profit/Loss has observed a spike recently. This indicator tells us, as its name suggests, the net amount of profit or loss that ETH investors as a whole are realizing through their transactions. The metric works by going through the transfer history of each token being sold on…