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Banking Industry Says Clarity Act Stablecoin Proposal Would Enable ‘Evasion’

May 8, 2026 by kamal

Senators had hoped the issue, which has plagued crypto legislation for months, had been put to bed with a proposed compromise last week.

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TeraWulf’s AI Compute Revenue Outpaces Bitcoin Mining Amid $427 Million Loss

May 8, 2026 by kamal

Publicly traded Bitcoin miner and data center operator TeraWulf reported a hefty net loss in Q1 as its AI revenue took over from BTC.

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Intel Stock Hits All-Time High After Preliminary Chip Deal With Apple

May 8, 2026 by kamal

A preliminary Apple-Intel manufacturing agreement—backed by a White House push—sent Intel stock above $130 on Friday.

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Elizabeth Warren Wants Meta to Spill All on Stablecoin Plans Ahead of Clarity Act Votes

May 8, 2026 by kamal

The Senate Democrat said Meta’s reported plans to partner with a third-party stablecoin issuer could undermine “competition, privacy… and financial stability.”

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Will Strategy Sell Bitcoin This Year? Traders Are Convinced After Saylor Comments

May 8, 2026 by kamal

Users of Myriad’s prediction market believe it’s likely Strategy will part ways with some of its Bitcoin holdings this year.

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Trump Admin Launches Pentagon UFO Website With Declassified Files

May 8, 2026 by kamal

The new website follows years of hearings, investigations, and pressure for greater UAP transparency.

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Kraken Parent Payward Applies for OCC National Trust Bank Charter

May 8, 2026 by kamal

Crypto exchange Kraken is seeking a U.S. federal banking charter to complement its Wyoming SPDI subsidiary.

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Bitcoin Miner IREN Secures $3.4 Billion Nvidia AI Deal, With $2.1 Billion Share Option

May 8, 2026 by kamal

Nvidia gains rights to invest up to $2.1 billion in IREN as companies race to lock down massive AI compute capacity.

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ECB’s Lagarde Pushes Back on Euro Stablecoins, Warns of ‘Structural Weaknesses’

May 8, 2026 by kamal

The European Central Bank chief says Europe “knows which port it is sailing to,” and it’s not towards a euro stablecoin.

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Coinbase Outage Disrupts Crypto Trading and Transfers Amid Amazon Service Failure

May 8, 2026 by kamal

Coinbase says Amazon Web Services failures across multiple availability zones caused an extended outage on its platform.

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AI Won’t End Human Work, Andreessen Horowitz Partner Says

May 8, 2026 by kamal

a16z partner David George argues AI will reshape work instead of erasing it.

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Bitcoin Price Crashes Near Zero on Revolut, Blamed on Third-Party Service Disruption

May 8, 2026 by kamal

Bitcoin briefly plummeted to about 2 cents on Revolut due to what the financial platform described as a third-party service disruption.

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XRP New Addresses, Active Supply Plunge Amid Shift to ‘Institutional Rails’

May 8, 2026 by kamal

New XRP addresses hit multi-year lows, per Glassnode data, as the network shifts from “retail speculation” to institutional usage.

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Zcash Targeting Post-Quantum Crypto Milestone by 2027

May 8, 2026 by kamal

The privacy-focused cryptocurrency plans to launch a quantum-recoverable wallet within a month as it outlines its roadmap.

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Morning Minute: Coinbase Misses Earnings on Surprise Loss

May 8, 2026 by kamal

Coinbase missed earnings, but one of its newest businesses is scaling incredibly fast—and Tom Lee may finally be slowing his Ethereum buying.

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Arbitrum DAO Votes to Unlock $70 Million for Kelp DAO Exploit Relief

May 8, 2026 by kamal

Arbitrum DAO voted to release the Kelp exploit funds, but a U.S. Court restraining notice has put the approved transfer in legal jeopardy.

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AUSTRAC Launches Supervision Campaigns as Australia’s Crypto Regulatory Reforms Kick In

May 8, 2026 by kamal

The campaigns target over-the-counter operators and local exchanges as new laws expand oversight to custody and brokerage services.

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Solv Protocol Will Dump LayerZero, Migrate $700M Tokenized Bitcoin Tech to Chainlink

May 7, 2026 by kamal

Solv Protocol will move its tokenized Bitcoin infrastructure to Chainlink, following Kelp DAO’s lead after it blamed LayerZero for a hack.

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Trump Sons Haven’t Abandoned World Liberty Financial, Crypto Firm Insists

May 7, 2026 by kamal

World Liberty co-founder Zach Witkoff also said Thursday that the crypto firm is “in the final stages” of receiving bank charter approval from the Trump administration.

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Coinbase Shares Slide as Crypto Giant Reports $394 Million Q1 Loss

May 7, 2026 by kamal

Crypto exchange Coinbase reported a consecutive quarterly loss as transaction revenue plummeted 40% amid a volatile market.

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Tom Lee Says BitMine May Slow Ethereum Buys After Amassing Nearly $12 Billion of ETH

May 7, 2026 by kamal

Leading Ethereum treasury firm BitMine Immersion Technologies may start slowing its ETH purchases as it approaches its 5% supply goal.

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Chrome Deletes Its Own Privacy Promise for Sneaky On-Device AI

May 7, 2026 by kamal

Chrome is quietly installing a 4GB AI on your devices. And now, its latest version has removed the disclosure that promised to keep your data off Google’s servers.

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IMF Warns AI Will Supercharge Cyberattacks on Global Financial System

May 7, 2026 by kamal

The IMF called for treating cybersecurity as a core stability issue as new AI tools let even unskilled attackers breach critical infrastructure.

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Your AI Chatbot May Be Leaking Your Chats to Meta, TikTok and Google

May 7, 2026 by kamal

A new study finds ChatGPT, Claude, Grok, and Perplexity all share user data with third-party ad trackers—sometimes even when you say no to cookies.

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21Shares Debuts First ETF Focused on Canton Network Crypto Token

May 7, 2026 by kamal

The Nasdaq-listed fund offers exposure to Canton Coin, native token of the privacy-focused institutional blockchain network.

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Bitcoin Dips Below $80K as Analysts Say Profit-Taking Is on the Rise

May 7, 2026 by kamal

Bitcoin briefly fell below $80,000 on Thursday as analysts say profit taking has increased among crypto traders.

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Trump-Backed American Bitcoin Shares Fall After $82 Million Q1 Loss

May 7, 2026 by kamal

Shares in Eric Trump’s mining firm American Bitcoin have fallen more than 9% after reporting a quarterly loss of nearly $82 million.

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Amazon Teams With Coinbase and Stripe to Let AI Agents Pay With Stablecoins

May 7, 2026 by kamal

The new Amazon Web Services system lets AI agents use the USDC stablecoin to pay for APIs, data, and online services.

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Tether’s Medical AI Runs on Your Phone and Outperforms Models 16x Its Size

May 7, 2026 by kamal

QVAC MedPsy squeezes clinical AI onto a smartphone, beating Google’s MedGemma-27B on real-world scenarios while using three times fewer compute resources.

Categories Crypto, Decrypt Leave a comment

Prediction Market Kalshi Boosts Valuation to $22 Billion With Fresh $1 Billion Investment

May 7, 2026 by kamal

Kalshi has another billion dollars to play with as the U.S. prediction market leader continues to grow at a rapid pace.

Categories Crypto, Decrypt Leave a comment
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