Core Scientific posts $347M loss as AI hosting overtakes Bitcoin mining
Core Scientific mined 279 BTC in the quarter, down 45% from a year earlier, while its colocation business became its...
Month: May 2026
BitMine Plans to Slow ETH Buying Near 5% Supply Goal
TLDR BitMine may slow its Ethereum purchases as it approaches its 5% supply target. Chairman Tom Lee said the company...
California Man Gets 6½ Years as FBI Ties $250M Crypto Heists to Home Burglaries
A federal court has sentenced a California man to 78 months in prison for his role in a social engineering...
CLARITY Act Draft Circulates Ahead of Potential Senate Vote, Report
Senate Banking Committee action on the CLARITY Act is reportedly moving closer, with draft text circulated to select industry members...
Eric Trump at Consensus 2026: Why Big Finance’s Crypto Shift is Just the Beginning
Eric Trump has hyped the future of the crypto market, stressing that cryptocurrency is being adopted by large Wall Street...
Bitcoin Drops Below $80K as Iran Rejects Trump Deal and Traders Dump $91M in Longs
Bitcoin reversed its weekly gains, dropping from a multi-month high of $82,833 to an intraday low of $79,500. The Iran...
Kalshi see valuation double to $22B after $1B raise as prediction markets boom
Fresh capital from top Wall Street and Silicon Valley firms signals increasing confidence in regulated event trading and retail prediction...
Samson Mow defends Strategy selling portions of its Bitcoin treasury
The Bitcoin advocate spoke up after Michael Saylor signaled that the company might sell some BTC, a major departure from...
Crypto Polo Cup returns for its fourth edition in Palm Beach during Consensus Miami week
Hosted by Luna PR, the fourth edition of the Crypto Polo Cup (CPC) will take place on May 9, 2026,...
South Korea confirms 22% crypto tax starting January 2027: Report
South Korea’s Finance Ministry has reportedly confirmed for the first time that a 22% tax on crypto gains will proceed...
Polygon reduces block time to 1.75 seconds as payments push accelerates
Polygon delivered its first block time reduction upgrade since genesis, as the network seeks to position for more high-frequency applications...
Panther Protocol deploys privacy infrastructure on Polygon
After years of research, engineering, and community collaboration, Panther Protocol Foundation announced that Panther Protocol is now live on Polygon.Zug,...
Germany weighs 2027 crypto tax overhaul as one-year holding rule under threat
Germany may overhaul its crypto tax rules from 2027, potentially curbing the country’s hallmark one-year tax-free holding rule as it...
Arbitrum vote to release $71M in frozen Kelp exploit ETH set to pass
The Snapshot vote would move the recovery effort toward a binding onchain Arbitrum governance proposal.A joint proposal to release the...
Kraken parent Payward to buy Reap in $600M stablecoin payments push
Kraken parent Payward agreed to buy Hong Kong-based Reap for up to $600 million, adding card issuance and stablecoin payment...
