Cryptonews

And the plot twist isn’t a brand‑new “AI + DeFi” pitch deck that slides into your inbox with all the charm of a tax audit. Injective’s official partnership with USDC positions the stablecoin as the de‑facto standard for both Cosmos Hub and dYdX. In plain English, any future USDC vanishings across these ecosystems will now bubble up through Injective’s plumbing. Quietly, that’s like TikTok adding the “sponsored” tag to your grandma’s videos-subtle power.

On May 11, 2026, Nithin Kamath shared on X (formerly Twitter) that while the US dollar remains dominant globally, many countries are taking steps to reduce their reliance on it. These steps include purchasing gold, using currencies other than the dollar for trade, and developing alternative payment systems to SWIFT. He highlighted India’s Unified Payments Interface (UPI) as a particularly successful example of this trend.

Kenya is officially playing crypto cop with its Finance Bill 2026. If you’re trading crypto, prepare to hand over your ID and transaction history to the Kenya Revenue Authority like it’s a tax audit from hell. “Surprise, surprise!”

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ZachXBT isn’t just throwing shade at the token anymore-he’s going after Bitget’s bigwigs like they’re the last suspects in a slapstick murder mystery. “Shawn Liu,” he declared, “is the big boss letting scams bloom like gardenias in a tropical rainforest, while Gracy Chen’s just the pretty face smiling through the chaos.” And get this: He’s calling out the entire “Chinese CEX cartel” for playing by their own rules. Spoiler: They don’t care about you, the retail investor. They care about their pockets.

Revenue? A 36.8% plunge to $22.7 million. Net loss? A record $32.1 million. The company blames a “$36.4 million loss on crypto,” which is finance-speak for “we bought high and sold low.” Revolutionary strategy!

This bold reformation sees the retirement of TowerBFT and the abandonment of Proof of History, a structural pivot so profound it shall determine Solana’s standing among its Layer-1 peers through the remainder of 2026. SOL, that most volatile of companions, traded near £97, oscillating between £94 and £98, a trifling reaction to a matter still far from mainnet’s grand ballroom. One might say the market dances cautiously, lest it trip over its own enthusiasm.

Key Takeaways:

The grand market theatre continues its promenade: Bitcoin slips by a modest 1% to the sum of 80,800 dollars, while Ether descends 2%, forsooth, as geopolitical tremors lift the oil barrel and the dollar’s roar.

• Key Takeaways:

• Lookonchain, ever the vigilant watchdog, spotted ten fresh wallets absconding with 100M LAB tokens ($480M) from Bitget in a mere 12 hours.
• The withdrawal accounts for 32.26% of LAB’s circulating supply, a figure that would make even a pirate blush.
• ZachXBT, ever the intrepid investigator, has offered a $10,000 bounty for evidence of misdeeds, which is more than enough to buy a lifetime supply of tea for the accused.