SanDisk leads S&P 500 with 558% gain in 2026 so far
SanDisk's surge highlights the transformative impact of AI-driven demand on tech stocks, emphasizing the strategic importance of storage innovation. The post SanDisk leads S&P 500 with 558% gain in 2026 so far appeared first on Crypto Briefing.
Aave v4 deposits on Ethereum surpass $50M, doubling in just one month
Aave v4's rapid deposit growth highlights DeFi's resilience and potential, but also underscores the need for cautious expansion amid liquidity risks. The post Aave v4 deposits on Ethereum surpass $50M, doubling in just one month appeared first on Crypto Briefing.
BlackRock COO, Ripple CEO set to join CZ at Binance’s first global virtual event
The event signifies growing institutional interest and collaboration in crypto, potentially accelerating mainstream adoption and innovation in finance. The post BlackRock COO, Ripple CEO set to join CZ at Binance’s first global virtual event appeared first on Crypto Briefing.
Hacker Drains $5.9M From Ethereum Liquidity Provider TrustedVolumes
Early reports framed the incident as a 1inch exploit, but the protocol clarified that it was not compromised and no user funds were affected.
Lagarde Blocks Euro Stablecoin Push, Calls $300B Market a Stability Risk for ECB Policy
European Central Bank (ECB) President Christine Lagarde rejected calls for Europe to promote euro-denominated stablecoins this week, warning that the risks to financial stability and monetary policy outweigh any benefits. Lagarde Warns European Banks That Euro Stablecoins Could Narrow ECB Rate Channel Lagarde delivered her remarks at the Banco de España Latam Economic Forum in […]
Reform UK gains in local elections challenge Labour’s council seat prospects
Reform UK's gains highlight political fragmentation, challenging Labour's dominance and potentially destabilizing Starmer's leadership. The post Reform UK gains in local elections challenge Labour’s council seat prospects appeared first on Crypto Briefing.
Strategy CEO Phong Le outlines conditions for selling Bitcoin
Strategy's new Bitcoin sale conditions mitigate liquidity risks, ensuring stability and investor confidence while maintaining BTC reserves. The post Strategy CEO Phong Le outlines conditions for selling Bitcoin appeared first on Crypto Briefing.
China’s April exports rebound 14.1% as trade surplus widens ahead of Trump visit
China's export surge strengthens its trade position, potentially complicating US negotiations and impacting global tech and AI dynamics. The post China’s April exports rebound 14.1% as trade surplus widens ahead of Trump visit appeared first on Crypto Briefing.
New South Wales Police seize 52.3 Bitcoin worth $4.2M from darknet operator
The seizure highlights the increasing effectiveness of law enforcement in tracking cryptocurrency, potentially driving criminals to privacy coins. The post New South Wales Police seize 52.3 Bitcoin worth $4.2M from darknet operator appeared first on Crypto Briefing.
Crypto Regulation 2026: Did China Ban Bitcoin?
China has reinforced its sweeping ban on cryptocurrency activity, targeting offshore yuan-backed stablecoins and tightening restrictions on digital asset trading while continuing to push its state-controlled digital yuan strategy.
ARK Invest’s Cathie Wood forecasts lower inflation, rallying dollar driven by AI deflation
AI-driven deflation could lead to unexpected monetary policy shifts, impacting investment strategies and potentially strengthening the US dollar. The post ARK Invest’s Cathie Wood forecasts lower inflation, rallying dollar driven by AI deflation appeared first on Crypto Briefing.
Kazakhstan plans $1.9B data center hub amid persistent power shortages
Kazakhstan's data center ambitions could falter without robust power solutions, risking its AI hub aspirations amid global infrastructure competition. The post Kazakhstan plans $1.9B data center hub amid persistent power shortages appeared first on Crypto Briefing.
US-Israel strikes target Iran’s nuclear weaponization capabilities
The US-Israel strikes may escalate regional tensions, reducing chances for a US-Iran nuclear deal and prompting Iranian defensive measures. The post US-Israel strikes target Iran’s nuclear weaponization capabilities appeared first on Crypto Briefing.
Bollinger Bands Creator Has Just Gone All In On Bitcoin, Is $100,000 Next?
Bitcoin traders are closely watching the market after John Bollinger, creator of the Bollinger Bands, revealed that his trading model has flipped bullish on BTC. The signal comes as BTC breaks above a key Bollinger Bands setup that has historically appeared before major rallies, sparking fresh speculation that the market could be preparing for a […]
Kraken Parent Payward Targets OCC Charter to Unlock Institutional Digital Asset Custody
Payward, the parent company of Kraken, has filed an application with the Office of the Comptroller of the Currency for a national trust company charter aimed at expanding federally regulated custody services for digital assets. Kraken’s Parent Files OCC Trust Charter Application to Serve U.S. Institutional Clients If approved by the OCC, the new entity […]
Republican odds to win presidency, Congress surge to highest this year
A Republican surge in election odds could reshape legislative priorities, impacting domestic and foreign policy amid global tensions. The post Republican odds to win presidency, Congress surge to highest this year appeared first on Crypto Briefing.
Senate Banking Committee schedules markup for crypto legislation on May 14
The markup could redefine crypto regulation, impacting market dynamics and investor strategies by clarifying jurisdictional authority. The post Senate Banking Committee schedules markup for crypto legislation on May 14 appeared first on Crypto Briefing.
Strategy CEO Phong Le prioritizes math over ideology in Bitcoin sales
Strategy's shift to prioritize Bitcoin Per Share over total holdings may redefine corporate Bitcoin strategies, impacting investor expectations. The post Strategy CEO Phong Le prioritizes math over ideology in Bitcoin sales appeared first on Crypto Briefing.
Why Strict Crypto Regulation is Essential to Shield Seniors from Rampant Scams
Why is Essential to Shield Seniors from Rampant Scams In the fast-paced world of cryptocurrency, excitement often hides danger. Many seniors, or kupuna as they are called in Hawaii, have lost their hard-earned savings to clever scams. A recent call […] The post Why Strict Crypto Regulation is Essential to Shield Seniors from Rampant Scams appeared first on Blockmanity.
Iran-US conflict disrupts oil supply, Strait of Hormuz closed
Global energy markets face heightened volatility and potential price surges due to geopolitical tensions and disrupted supply chains. The post Iran-US conflict disrupts oil supply, Strait of Hormuz closed appeared first on Crypto Briefing.
US strikes Iranian tankers, oil spill disrupts Strait of Hormuz shipping
Heightened tensions and environmental risks from the incident may lead to prolonged disruptions in global oil supply and increased market volatility. The post US strikes Iranian tankers, oil spill disrupts Strait of Hormuz shipping appeared first on Crypto Briefing.
US imposes sanctions on 14 individuals and entities aiding Iran’s weapons sector
The sanctions could strain international trade relations and increase compliance burdens, potentially impacting global financial systems. The post US imposes sanctions on 14 individuals and entities aiding Iran’s weapons sector appeared first on Crypto Briefing.
Why a 2017 Linux bug is now a major concern for the crypto industry
The “Copy Fail” Linux bug could impact crypto infrastructure that relies on Linux servers, highlighting growing cybersecurity risks in the digital asset industry. Format: Explained
Project Eleven warns Bitcoin faces quantum threat by 2030
The potential quantum threat to Bitcoin by 2030 underscores the urgent need for proactive cryptographic advancements and industry-wide collaboration. The post Project Eleven warns Bitcoin faces quantum threat by 2030 appeared first on Crypto Briefing.
XRP Price Prediction Strengthens After Ripple, JPMorgan, Mastercard Settle First Cross Border Tokenized Treasury on XRP Ledger: Pepeto Holds the Bigger Multiple
The XRP price prediction picked up serious momentum after Ripple, JPMorgan, Mastercard, and Ondo Finance completed the first cross border, cross bank redemption of a tokenized US Treasury fund on the XRP Ledger, as reported by CoinDesk. The pilot settled in under five seconds outside normal banking windows, plugging a public blockchain into JPMorgan’s $3 [...] The post XRP Price Prediction Strengthens After Ripple, JPMorgan, Mastercard Settle First Cross Border Tokenized Treasury on XRP Ledger: Pepeto Holds the Bigger Multiple appeared first on Blockonomi.
MoonPay says stablecoin regulation opened the door but infrastructure must follow
Executives from MoonPay, Ripple, and Paxos said at Consensus Miami 2026 that stablecoin regulation has accelerated institutional adoption but that major infrastructure and privacy gaps still block mainstream use. Top executives at three of the most active stablecoin companies told…
Donald Trump announces three-day ceasefire between Russia and Ukraine
The ceasefire could pave the way for future diplomatic efforts, potentially easing long-standing tensions and fostering regional stability. The post Donald Trump announces three-day ceasefire between Russia and Ukraine appeared first on Crypto Briefing.
Binance reports 77% of users in emerging markets treat exchanges like banking apps
Binance's role as a financial alternative in emerging markets highlights the potential for crypto platforms to fill gaps left by traditional banking. The post Binance reports 77% of users in emerging markets treat exchanges like banking apps appeared first on Crypto Briefing.
Trump Media takes $406 million hit from Bitcoin and equity losses
Trump Media's financial losses highlight the volatility of digital assets and may prompt strategic shifts towards more stable investments. The post Trump Media takes $406 million hit from Bitcoin and equity losses appeared first on Crypto Briefing.
Brazil’s New 15% Crypto Tax Targets Gains from Foreign Exchanges: What You Need to Know for 2024
Brazil Cracks Down on Crypto with on Offshore Gains Brazil is making big changes to how it taxes cryptocurrencies. The Senate just approved new rules that put a on profits from crypto held on foreign exchanges. This is a key […] The post Brazil’s New 15% Crypto Tax Targets Gains from Foreign Exchanges: What You Need to Know for 2024 appeared first on Blockmanity.
Layerzero Discloses RPC Poisoning Incident Linked to $292M KelpDAO Hack
The cross-chain communication protocol Layerzero Labs disclosed on Friday that its internal infrastructure was compromised by North Korean hackers and a simultaneous DDoS attack during the KelpDAO breach. Layerzero Labs Apologizes for Lazarus Group Security Breach Response Layerzero Labs issued a candid apology for a three-week communication silence following a security breach involving the Lazarus […]
US banks reject CLARITY Act stablecoin deal days before Senate vote
The US banking lobby is mounting a last-minute push to stall the CLARITY Act just days before its scheduled Senate Banking Committee markup on May 14. The American Bankers Association, the Bank Policy Institute, the Consumer Bankers Association, the Financial…
Intel soars on Apple chip deal, lifting S&P 500 and NASDAQ to record highs
Intel's potential deal with Apple highlights a shift towards diversified chip supply chains, benefiting companies with advanced fabrication capabilities. The post Intel soars on Apple chip deal, lifting S&P 500 and NASDAQ to record highs appeared first on Crypto Briefing.
Trump administration appeals court ruling that declared tariffs unconstitutional
The Supreme Court's decision could redefine presidential power limits, impacting trade policy stability and potential tariff refunds. The post Trump administration appeals court ruling that declared tariffs unconstitutional appeared first on Crypto Briefing.
TeraWulf doubles AI revenue but posts $427M quarterly loss as mining income declines
TeraWulf’s HPC lease revenue jumped 117% quarter-on-quarter to $21 million, but a $427 million net loss highlights the costs of transitioning from Bitcoin mining to AI infrastructure.
UAE exits OPEC after 59 years, escalating tensions with Saudi Arabia over oil production
The UAE's OPEC exit may reshape global oil dynamics, potentially lowering prices and signaling a strategic pivot towards diversified economic growth. The post UAE exits OPEC after 59 years, escalating tensions with Saudi Arabia over oil production appeared first on Crypto Briefing.
Amazon boosts CAPEX to $44.2B, up from $25B last year
Amazon's increased CAPEX highlights its strategic bet on AI infrastructure, posing significant risks if AWS growth or AI demand falters. The post Amazon boosts CAPEX to $44.2B, up from $25B last year appeared first on Crypto Briefing.
US naval blockade disrupts Strait of Hormuz traffic amid rising tensions
The blockade exacerbates geopolitical tensions, disrupts global energy markets, and diminishes prospects for a swift diplomatic resolution. The post US naval blockade disrupts Strait of Hormuz traffic amid rising tensions appeared first on Crypto Briefing.
5 Chip Stocks Dominating Investor Attention This May: Nvidia (NVDA), AMD (AMD), and More
Discover the 5 top semiconductor stocks investors are tracking in May 2026, including Nvidia (NVDA), AMD (AMD), and Micron (MU), as AI drives chip demand. The post 5 Chip Stocks Dominating Investor Attention This May: Nvidia (NVDA), AMD (AMD), and More appeared first on Blockonomi.
Stake.com Built The Crypto Casino Name. Bet365 Built The Sportsbook Name. ZunaBet Is Building What Comes After Both.
Name recognition in online gambling is built on specialisation. Stake.com built its name by specialising in the crypto gambling community — a platform that understood what crypto-native players valued, built its product around those values, and became the name most associated with crypto casino culture globally. Bet365 built its name by specialising in sportsbook comprehensiveness [...] The post Stake.com Built The Crypto Casino Name. Bet365 Built The Sportsbook Name. ZunaBet Is Building What Comes After Both. appeared first on Blockonomi.
Bitcoin Can’t Be Broken By Wall Street, CEO Says
Morgan Stanley is now undercutting Coinbase, Robinhood, and Charles Schwab on Bitcoin and crypto trading fees — and Strike CEO Jack Mallers isn’t worried about it one bit. Related Reading: Crypto Security Fears Rise As Chaos Labs Reveals Attempted Advanced Wallet Attack Wall Street’s Growing Footprint The bank recently launched a crypto trading pilot through […]
115 Million XRP Withdrawn From Spot Exchanges, Is Demand Rising?
XRP exchange balances take a hit with $115 million withdrawn in last 24 hours.
Judge Clears $71M ETH Transfer to Aave as rsETH Recovery Enters Final Phase
A U.S. federal judge has authorized the transfer of approximately 30,765 ETH, worth roughly $71 million, to an Aave-controlled wallet, clearing the final legal obstacle in decentralized finance’s most complex recovery effort to date. Recovery Efforts Garner Further Momentum Judge Margaret Garnett issued an order on May 9 modifying a prior asset freeze, permitting the […]
Trust Wallet and Mesh executives pitch AI-powered crypto wallets at Consensus Miami
AI-powered crypto wallets could revolutionize asset management and trading, but security vulnerabilities and control issues pose significant risks. The post Trust Wallet and Mesh executives pitch AI-powered crypto wallets at Consensus Miami appeared first on Crypto Briefing.
Hyperunit whale sends $180M ETH to Binance, sparking sell-off concerns
The whale's actions could destabilize Ethereum markets, prompting broader crypto volatility and influencing investor sentiment across assets. The post Hyperunit whale sends $180M ETH to Binance, sparking sell-off concerns appeared first on Crypto Briefing.
Rocket Lab (RKLB) Stock Rockets 34% Higher on Record-Breaking Q1 Earnings Beat
Rocket Lab (RKLB) stock jumped 34% to $105.55 after posting record Q1 revenue of $200.3M, beating estimates and raising Q2 guidance to $225-$240M. The post Rocket Lab (RKLB) Stock Rockets 34% Higher on Record-Breaking Q1 Earnings Beat appeared first on Blockonomi.
Nvidia (NVDA) vs AMD: AI Chip Stocks Face Off in 2025
Nvidia posted $215.9B revenue vs AMD's $34.6B. Compare AI chip stocks on Data Center growth, margins, and analyst targets to find the better buy. The post Nvidia (NVDA) vs AMD: AI Chip Stocks Face Off in 2025 appeared first on Blockonomi.
Amphenol (APH) Stock Tumbles 6% Despite Strong Earnings Beat
Amphenol (APH) stock fell 6.29% despite beating Q1 estimates. Analyst downgrades and CEO's $75.9M share sale weigh on investor sentiment. The post Amphenol (APH) Stock Tumbles 6% Despite Strong Earnings Beat appeared first on Blockonomi.
Everspin Technologies (MRAM) Surges to 52-Week Peak Following Microchip Partnership
Everspin Technologies (MRAM) reached a 52-week high of $23.10 on news of a Microchip manufacturing deal. Q1 results beat, but Q2 guidance disappoints. The post Everspin Technologies (MRAM) Surges to 52-Week Peak Following Microchip Partnership appeared first on Blockonomi.
All Ripple Roads Lead Up? Analyst Maps 3 Bullish Outcomes for XRP
Here's how XRP can skyrocket by at least 1,000%.
Zcash Hits $600 as Grayscale Eyes Spot ETF
The privacy coin sector has officially reclaimed the spotlight, shedding its "dark web" reputation in favor of an "institutional-grade confidentiality" narrative.
European Central Bank’s Escrivá calls for finance infrastructure review due to AI risks
AI's systemic risks prompt a financial infrastructure overhaul, potentially reshaping regulatory landscapes and market dynamics in Europe. The post European Central Bank’s Escrivá calls for finance infrastructure review due to AI risks appeared first on Crypto Briefing.
Corporate America posts record earnings, fueling US stocks’ rally
Broad-based earnings growth across all sectors suggests a more sustainable market rally, potentially reducing reliance on mega-cap tech. The post Corporate America posts record earnings, fueling US stocks’ rally appeared first on Crypto Briefing.
Bittensor’s TAO token launches on Solana as Grayscale opens Bittensor Trust for private placement
Bittensor's dual strategy enhances TAO's market presence, potentially boosting liquidity and attracting diverse investor interest in AI assets. The post Bittensor’s TAO token launches on Solana as Grayscale opens Bittensor Trust for private placement appeared first on Crypto Briefing.
British Olympic sprinter CJ Ujah charged in UK cryptocurrency fraud investigation
The Ujah case underscores the urgent need for stronger consumer protection in the UK's rapidly evolving and vulnerable crypto market. The post British Olympic sprinter CJ Ujah charged in UK cryptocurrency fraud investigation appeared first on Crypto Briefing.
Unveiling Web3’s Hidden Power Plays: TON Surge, Bitcoin’s Bank Breakthrough, China’s Grip, and Vibe Coding Freedom
Unveiling Pavel Durov, the founder of Telegram, and his team have made a bold move. They now control The Open Network (TON), becoming its largest validator. TON claims the crown for speed, with transaction finality in just 0.6 seconds. This […] The post Unveiling Web3’s Hidden Power Plays: TON Surge, Bitcoin’s Bank Breakthrough, China’s Grip, and Vibe Coding Freedom appeared first on Blockmanity.
Blackrock to Launch Tokenized Money-Market Funds on Ethereum
Blackrock has filed paperwork to debut two tokenized money-market funds on the Ethereum network, offering stablecoin holders a regulated, yield-bearing alternative to sitting in idle digital dollars. Blackrock Eyes $6.1B Fund Tokenization The world’s largest asset manager has submitted paperwork to U.S. regulators to launch a digital share class tied to its roughly $6.1 billion […]
Israeli strikes near Beirut escalate conflict with Hezbollah, ceasefire dissolves
The escalation undermines regional stability, complicates diplomatic efforts, and decreases the likelihood of Israel's timely withdrawal. The post Israeli strikes near Beirut escalate conflict with Hezbollah, ceasefire dissolves appeared first on Crypto Briefing.
Cisco (CSCO) Stock Soars to Record Peak on AI Optimism and Strong Earnings Outlook
Cisco (CSCO) stock reached an all-time high of $97.02 Friday. Analysts eye $110 targets as AI revenue growth and strong earnings outlook drive momentum. The post Cisco (CSCO) Stock Soars to Record Peak on AI Optimism and Strong Earnings Outlook appeared first on Blockonomi.
Dell (DELL) Stock Soars to Record Peak Following Presidential Endorsement
Dell (DELL) stock hit an all-time high after President Trump's endorsement, surging 13% as analysts raise targets amid AI server demand growth. The post Dell (DELL) Stock Soars to Record Peak Following Presidential Endorsement appeared first on Blockonomi.
Telegram asserts control over TON blockchain, driving momentum
Telegram takes over TON blockchain operations, becomes largest validator staking 2.2M TON, slashes fees sixfold as Toncoin surges 36% to $1.80. The post Telegram asserts control over TON blockchain, driving momentum appeared first on Crypto Briefing.
SLB, Baker Hughes CEOs warn Iran war will reshape global energy markets
The Iran conflict's impact on energy markets may drive a global shift towards diversified energy sources and increased upstream investments. The post SLB, Baker Hughes CEOs warn Iran war will reshape global energy markets appeared first on Crypto Briefing.
Shiba Inu Supply Drops With 6,079,210 SHIB Sent to Dead Wallets
Shiba Inu gains deflationary momentum with millions of SHIB sent to dead wallets.
Pentagon’s UAP files include Apollo moon photos
The Pentagon released 162 UAP files on May 8, including NASA Apollo moon photos and 1965 astronaut audio The Pentagon released 162 UAP files on May 8, including NASA Apollo moon photos and 1965 astronaut audio. The files were posted…
Ethereum Price Prediction Eyes $7,500 as Bitmine Stacks 5.18 Million ETH While Pepeto Sails Past $9.86M
The Ethereum price prediction looks the strongest it has been all year after Bitmine Immersion Technologies revealed a 5.18 million ETH treasury worth $12.1 billion on May 4, the largest Ethereum stockpile any company holds in the world per PRNewswire. When one firm pulls more ETH off the market than the entire daily mint produces, [...] The post Ethereum Price Prediction Eyes $7,500 as Bitmine Stacks 5.18 Million ETH While Pepeto Sails Past $9.86M appeared first on Blockonomi.
Iran blocks Strait of Hormuz, halting all commercial vessel transit
The blockade exacerbates geopolitical tensions, impacting global trade and market confidence, with potential for prolonged economic disruption. The post Iran blocks Strait of Hormuz, halting all commercial vessel transit appeared first on Crypto Briefing.
Cliff Weitzman: Volume and leverage drive unexpected outcomes, Speechify transforms reading accessibility, and growth is an arbitrage game | 20VC
Speechify's AI-driven text-to-speech app revolutionizes accessibility for millions, transforming reading for dyslexic and ADHD users. The post Cliff Weitzman: Volume and leverage drive unexpected outcomes, Speechify transforms reading accessibility, and growth is an arbitrage game | 20VC appeared first on Crypto Briefing.
TeraWulf’s AI Revenue Nearly Doubles Bitcoin Mining Earnings
In the first quarter, mining company TeraWulf reported revenue of $34 million, with approximately $21 million generated from high-performance computing services. Digital asset mining accounted for about $13 million, compared to $34.4 million in the same period last year. As of March 31, the company's total assets were approximately $7 billion, with liabilities exceeding this figure by $77.6 million. TeraWulf held around $3.1 billion in cash and cash equivalents. During the quarter, TeraWulf incurred a net loss of $427.6 million (compared to $59.6 million last year). This result was due to increased operating expenses, depreciation, asset write-offs, and higher interest payments. Last year, the company prioritized diversification into the AI sector. In August, TeraWulf signed a 10-year contract with the cloud platform Fluidstack, supported by Google. The miner committed to providing about 250 MW for a total of $3.7 billion. According to TeraWulf, the first phase of critical capacity at 60 MW at the Lake Mariner Data facility under a previous agreement with another tenant, Core42, began generating "significant revenue" in the first quarter. Subsequent data center expansion phases, now in Fluidstack's interest, will start operations in May. "The company continues to repurpose part of its outdated Bitcoin mining infrastructure to support more valuable high-performance computing tasks, reflecting its shift to contractual, long-term computing infrastructure," the press release stated. IREN Accelerates Exit from Mining IREN's stock prices rose by 16% to $66 after trading opened on Friday, May 8. TheEnergyMag linked the movement to investor reactions to the company's accelerated diversification into AI. By the end of the session, the stock price adjusted to $61.2, maintaining a growth of about 7.7%. The firm's market capitalization exceeded $20 billion. Source: Yahoo Finance. In its quarterly report, Australia-based IREN announced the write-off of mining-related devices and electrical equipment amounting to $140.4 million. The firm classified approximately 5800 Antminer S21 Pro units from Bitmine as "held for sale." "We are strategically repurposing our infrastructure from Bitcoin mining to cloud solutions for AI," the company stated. IREN announced a five-year agreement with NVIDIA to provide cloud services for high-performance computing, valued at approximately $3.4 billion until 2032. The contract includes the provision of 60 MW of power. IREN and @nvidia have announced a strategic partnership to accelerate deployment of up to 5GW of next-generation AI infrastructure. The companies have also signed a $3.4bn contract under which $IREN will provide AI infrastructure cloud services for NVIDIA internal AI and… pic.twitter.com/0SMzSYQjul— IREN (@IREN_Ltd) May 8, 2026 The mining company also has a previously signed agreement with Microsoft for $9.7 billion to provide dedicated cloud services for GPUs over five years. According to the stated plans, IREN's total controlled capacity should reach 480 MW by the end of the year, 1.2 GW by 2027, and exceed 5 GW after 2028. In the first quarter, IREN's cryptocurrency mining revenue fell to $111.2 million, while revenue from AI services increased to $33.6 million. The firm expects continued revenue growth under the Microsoft contract and the commencement of operations for the acquired 50,000 GPUs. In May, Hut 8's shares rose by 35% following a $9.8 billion deal to lease a data center in Texas for training neural networks based on Nvidia architecture.
US Senate Committee to consider Clarity Act crypto bill next week
The Clarity Act could boost US crypto investments and competitiveness by providing regulatory certainty, but stablecoin rules remain contentious. The post US Senate Committee to consider Clarity Act crypto bill next week appeared first on Crypto Briefing.
BlackRock CEO Larry Fink dismisses AI bubble concerns, urges faster investment
Accelerated AI investment could reshape global economic dynamics, with geopolitical implications and significant energy market impacts. The post BlackRock CEO Larry Fink dismisses AI bubble concerns, urges faster investment appeared first on Crypto Briefing.
Here’s What The Cardano Founder Has To Say About The Widespread Criticism
Cardano founder Charles Hoskinson has reacted to Flare founder Hugo Philion’s comments, in which Philion highlighted his network’s growth relative to Cardano. Notably, Flare has achieved this growth as one of the largest DeFi providers in the XRP ecosystem. Cardano Founder Reacts To Flare Founder’s Comments In an X post, the Cardano founder remarked that […]
MiCA Decoded: ‘We Have an EU Office’ Is Not Enough: Here’s What Regulators Actually Want to See
You have the entity. You have the address. You even have the capital. So why is the regulator still not satisfied? Because under MiCA, substance is an empirical test of whether your business genuinely operates from within the EU, and most applicants underestimate what that actually demands. MiCA Decoded is a 12-article weekly series for […]
UK deploys warship to Middle East for Strait of Hormuz mission
The UK's naval deployment highlights ongoing geopolitical tensions, impacting regional stability and maritime security in the Middle East. The post UK deploys warship to Middle East for Strait of Hormuz mission appeared first on Crypto Briefing.
Why Connecticut SB5 alarms US AI companies
Connecticut SB5 passed both chambers on May 1 and heads to the governor, making it one of the most comprehensive state AI laws in the US. Connecticut SB5 passed on May 1, becoming one of the broadest state AI laws…
Zcash surges 110% as Gemini launches ZEC credit card rewards
The Gemini card's ZEC rewards could drive sustained demand for privacy coins, influencing market dynamics and investor strategies. The post Zcash surges 110% as Gemini launches ZEC credit card rewards appeared first on Crypto Briefing.
ByteDance raises 2026 capex by 25% to $30B for AI investment
ByteDance's increased AI investment highlights the intensifying global competition and strategic shifts in AI infrastructure and geopolitics. The post ByteDance raises 2026 capex by 25% to $30B for AI investment appeared first on Crypto Briefing.
XRP Ledger Sidechain Completes Major Roadmap Milestone
XRP Ledger sidechain gains utility in Blockchain-Based settlement launched for Euro remittances.
Israel demands strikes on Iran’s energy sites amid peace deal doubts
Israel's demand for strikes on Iran's energy sites heightens regional conflict risks, undermining peace prospects and impacting market stability. The post Israel demands strikes on Iran’s energy sites amid peace deal doubts appeared first on Crypto Briefing.
Nvidia appoints former Goldman Sachs Vice Chairman Suzanne Nora Johnson to board
Nvidia's board expansion with a seasoned finance expert enhances its financial oversight, signaling a strategic focus on institutional maturity. The post Nvidia appoints former Goldman Sachs Vice Chairman Suzanne Nora Johnson to board appeared first on Crypto Briefing.
Coinbase x402 powers Amazon’s AI agent payments
Coinbase x402 is now native to Amazon Bedrock AgentCore, letting AI agents pay for services in USDC without human input Coinbase x402 is now native to Amazon Bedrock AgentCore, letting AI agents pay for services in USDC without human input.…
Bitcoin vs. The Hantavirus: Is BTC Bracing for Another ‘Black Swan’ Event?
Over six years ago, BTC plummeted by 50% within a few days as COVID spread like wildfire.
Sydney Huang Warns AI Bot Collusion Could Spread Before Regulators Respond
With AI-to-AI commerce expected to increase the velocity of money, central banks may find themselves unable to react to machine-speed inflation or flash crashes. Experts suggest that regulation must be embedded directly into the code to prevent cascading failures. The End of Policy ‘Lag’ According to an April 2026 International Monetary Fund (IMF) report, the […]
Court lets Arbitrum DAO to transfer $71M in ETH tied to North Korea hack to Aave
A Manhattan judge modified a restraining notice to let Arbitrum DAO move $71 million in frozen Ether to Aave, while preserving terrorism victims’ legal claim on the funds.
Cardano to $0.53? Recovery Hinges on This Key ADA Level
Cardano (ADA) recovery setup forms, but big test remains at key support level.
FET Reclaims 200-Day Moving Average with Volume as Higher Lows Signal a Structural Shift
TLDR: FET closed above its 200-day moving average at $0.2261, trading at $0.2385 for the first time since its downtrend. The token collapsed from $0.95 in mid-2024 to $0.10 in September 2025 before forming a base with higher lows. Daily volume of 27.95M supported the breakout above the 200-day MA, adding conviction to the price [...] The post FET Reclaims 200-Day Moving Average with Volume as Higher Lows Signal a Structural Shift appeared first on Blockonomi.
Kraken’s Parent Files For OCC National Trust Charter—Hinting At A Ripple, Coinbase Play
Payward, the parent company of cryptocurrency exchange Kraken, disclosed on Friday that it has filed an application with the Office of the Comptroller of the Currency (OCC) seeking approval for a National Trust Company charter. A national trust company charter would allow Payward to set up a federally regulated custody business under OCC oversight. The […]
ONDO Finance files SEC no-action letter, joins DTCC consortium for tokenized securities push
Ondo's regulatory move could set a precedent for blockchain-based securities, influencing future tokenization frameworks and market dynamics. The post ONDO Finance files SEC no-action letter, joins DTCC consortium for tokenized securities push appeared first on Crypto Briefing.
Boston Fed president Collins warns Iran conflict energy shocks could keep rates elevated, pressuring crypto
The prolonged high rates due to geopolitical tensions may deter speculative investments, impacting crypto markets and broader economic stability. The post Boston Fed president Collins warns Iran conflict energy shocks could keep rates elevated, pressuring crypto appeared first on Crypto Briefing.
Morgan Stanley’s ETrade crypto undercuts Coinbase
Morgan Stanley has launched E*Trade crypto trading at 0.5%, undercutting Coinbase, Schwab, and Robinhood in a pilot set to reach 8.6 million users. Morgan Stanley has launched ETrade crypto trading at a flat 0.5% fee, below Coinbase and Schwab. The…
Trump faces setback as court strikes down 10% tariff on imports
The court's decision could reshape US trade policy, impacting industries reliant on imports and influencing future tariff challenges. The post Trump faces setback as court strikes down 10% tariff on imports appeared first on Crypto Briefing.
Jordi Visser: Tokenization will reshape inflation dynamics, AI’s demand is driving asset price parabolas, and the tech sector faces a race against obsolescence | The Pomp Podcast
AI-driven market shifts are reshaping Bitcoin's role in accelerating economic disruption and token demand. The post Jordi Visser: Tokenization will reshape inflation dynamics, AI’s demand is driving asset price parabolas, and the tech sector faces a race against obsolescence | The Pomp Podcast appeared first on Crypto Briefing.
XRP Funding Rates Hit Record Negative Stretch Even as Price Climbs 27%
TLDR: XRP funding rates on Binance have stayed negative for nearly three months, marking a record bearish stretch for the token. The Total3 index lost over $544B during the correction but has since recovered roughly $125B from early February repositioning. XRP posted a 27% gain while derivatives traders maintained a bearish bias, creating a rare [...] The post XRP Funding Rates Hit Record Negative Stretch Even as Price Climbs 27% appeared first on Blockonomi.
Virginia redistricting vote erased by state court
Virginia redistricting referendum was struck down 4-3 by the state Supreme Court on May 8, with Democrats immediately filing to appeal to SCOTUS Virginia redistricting was struck down 4-3 by the state Supreme Court, with Democrats filing to appeal to…
Trump announces three-day ceasefire between Russia and Ukraine with prisoner swap
The ceasefire may signal potential shifts in geopolitical dynamics, impacting global financial markets and cryptocurrency adoption trends. The post Trump announces three-day ceasefire between Russia and Ukraine with prisoner swap appeared first on Crypto Briefing.
'Working on Next Steps': Coinbase CEO Responds to Recent Multihour Outage
Coinbase CEO, Brian Armstrong addresses recent outage with next steps now being worked on.
US court finds Meta AI ads created fraud
A US court has found that Meta’s AI ads tools materially developed fraudulent investment content, stripping Section 230 immunity and exposing the platform to securities fraud claims. A US court found that Meta’s AI ads helped create fraudulent investment content,…
Marco Rubio sanctions Chinese entities over satellite imagery supplied to Iran
The sanctions could intensify US-China tensions, impact global supply chains, and influence crypto markets amid heightened geopolitical risks. The post Marco Rubio sanctions Chinese entities over satellite imagery supplied to Iran appeared first on Crypto Briefing.
Blockbuster Crypto News: Elon Musk SpaceX Anthropic Deal Fires Up AI Rally and Pepeto Could Be the Last Presale Entry Before Listing
The biggest moves in crypto always start with a headline from outside the market, and the blockbuster crypto news on May 7 was exactly that. Elon Musk dissolved xAI into SpaceX, signed a compute deal with Anthropic worth 220,000 Nvidia GPUs, and set the stage for an IPO that could reach $2 trillion. When the [...] The post Blockbuster Crypto News: Elon Musk SpaceX Anthropic Deal Fires Up AI Rally and Pepeto Could Be the Last Presale Entry Before Listing appeared first on Blockonomi.
OpenAI IPO nears as revenue crosses $25bn
OpenAI has crossed $25bn in annualized revenue and is actively preparing its OpenAI IPO for as early as the fourth quarter of 2026. OpenAI has crossed $25bn in annualized revenue and is preparing its OpenAI IPO for as early as…
Meta’s 2026 Stablecoin Push Faces Senator Warren Scrutiny Over Financial Stability Risks
Democratic Senator Elizabeth Warren questioned Meta CEO Mark Zuckerberg about the company’s stablecoin plans, warning of serious risks to financial stability, competition, privacy, and payments integrity. Related Reading: Tokenized China-Linked Equities And ETFs On BNB Chain Explode 2,850% In 2026 Meta’s Stablecoin Trials Under Scrutiny This week, US Senator Elizabeth Warren sent a new letter […]