Crypto Market Recap: Bitcoin ETFs Bleed $1B; THORChain Exploited for $10.7M; Ledger and Trezor Back Clear Signing; and More (May 10–16, 2026) | BanklessTimes
Crypto market recap: Bitcoin slides to $78K, ETF outflows top $1B, THORChain exploited for $10.7M, Trezor & Ledger align on clear signing.
➤ Bitcoin ETFs experienced significant outflows exceeding $1 billion, impacting major funds like BlackRock and Fidelity, while Bitcoin's price dropped to $78,900. ➤ Security concerns were prominent with a $10.7 million exploit on THORChain and a new 'Clear Signing' standard adopted by Ledger and Trezor to combat blind-signing scams. ➤ Ondo Finance expanded tokenized stock offerings to Hyperliquid, and other altcoins like Terra Classic and Cronos showed mixed signals with potential gains and tokenomic overhauls.
