Kraken is migrating its cross-chain messaging from LayerZero to Chainlink CCIP, joining a broader retreat from LayerZero since the April 2026 exploit.

Read the full article: https://www.spendnode.io/blog/kraken-layerzero-exodus-chainlink-ccip-may-2026/

Senator Elizabeth Warren says the CLARITY Act will blow up the economy, opening Democratic opposition as the crypto market structure bill heads to markup.

Read the full article: https://www.spendnode.io/blog/warren-clarity-act-blow-up-economy-may-2026/

Cardano whale wallets now control 67% of circulating ADA, the highest concentration since 2020, raising questions about retail dispersion and price risk.

Read the full article: https://www.spendnode.io/blog/cardano-whales-67-percent-ada-supply-may-2026/

Gerstein Harrow, the firm fighting Arbitrum over $71M in Kelp-exploit ETH, is now going after the $344M USDT that Tether froze for OFAC.

Read the full article: https://www.spendnode.io/blog/gerstein-harrow-targets-tether-344m-frozen-usdt-may-2026/

Senator Cynthia Lummis says bank permissibility language in the CLARITY Act will make the US dollar a digital asset under federal banking rules.

Read the full article: https://www.spendnode.io/blog/lummis-us-dollar-digital-asset-bank-permissibility-may-2026/

Dune Analytics laid off 25% of its workforce as CEO Fredrik Haga shifts the on-chain data company toward AI-driven products and a leaner cost base.

Read the full article: https://www.spendnode.io/blog/dune-analytics-25-percent-layoffs-ai-pivot-may-2026/

Bitwise will list its Hyperliquid ETF BHYP on May 16, 2026, with in-house HYPE staking, putting it ahead of Grayscale's pending filing.

Read the full article: https://www.spendnode.io/blog/bitwise-bhyp-hyperliquid-etf-in-house-staking-launch-may-2026/

Anthropic has agreed to a $30B raise led by Dragoneer, Greenoaks, Sequoia and Altimeter at a $900B valuation, per FT. Crypto markets noted but barely moved.

Read the full article: https://www.spendnode.io/blog/anthropic-30b-raise-900b-valuation-may-2026/

Hana Bank acquired a 1 trillion won ($670M) stake in Upbit operator Dunamu, signaling South Korean commercial banks are ready to back digital asset operators.

Read the full article: https://www.spendnode.io/blog/hana-bank-670m-dunamu-stake-south-korea-may-2026/

Sui introduces Spheres, controlled execution environments designed for institutional multiparty workflows on the Sui blockchain. Here is what it changes.

Read the full article: https://www.spendnode.io/blog/sui-spheres-institutional-execution-environments-may-2026/