Raw News Items
99 itemsMay 8, 2026
- CoinDesk
Senate Banking Committee plans to hold key market structure hearing on Thursday
The Senate Banking Committee announced it would hold its markup hearing for the Clarity Act on March 14.
- The Block
Take two: Senate Banking Committee sets a date to amend and vote on sweeping crypto legislation
A much-anticipated hearing to vote on sweeping crypto legislation is happening, marking a second attempt in the Senate Banking Committee.
- Cointelegraph
Crypto exchanges pushed US lawmakers to bar provision on risky tokens: Report
Three companies reportedly pressed US senators for changes to a crypto bill, removing language that would require them to offer trading on tokens “not readily susceptible to manipulation.”
- Cointelegraph
Bitcoin stalls as BTC ETF outflows hit $268M: Will new Fed chair restore the rally?
Rising Bitcoin ETF outflows and liquidations signal short-term caution, but a weak DXY and the eventual appointment of a new Fed chair could resume the rally.
- CoinDeskScore: 90
Bitcoin retreats below $80,000, liquidating $300 million in futures bets
BTC fell under $80,000 after U.S. strikes in Iran sent oil briefly above $100, triggering liquidations and a shift toward bearish positioning.
- CoinDeskScore: 90
SEC chair Atkins signals new rules for onchain markets, AI-driven finance
The SEC chair linked the rise of AI-powered financial systems with growing demand for blockchain-based market infrastructure and automated settlement.
- DecryptScore: 85
AUSTRAC Launches Supervision Campaigns as Australia's Crypto Regulatory Reforms Kick In
The campaigns target over-the-counter operators and local exchanges as new laws expand oversight to custody and brokerage services.
- CointelegraphScore: 85
Kelp DAO exploit prompts DeFi protocols to rethink oracle providers
Solv Protocol and other DeFi projects are migrating to Chainlink infrastructure after the $293 million exploit exposed risks in third-party bridge and oracle setups.
- CoinDeskScore: 85
Kraken parent goes for the OCC charter in big to become a federal crypto bank
Payward’s application would add a federally regulated trust company to the Kraken group’s existing Wyoming bank charter and Fed master account.
- DecryptScore: 85
Bitcoin Miner IREN Secures $3.4 Billion Nvidia AI Deal, With $2.1 Billion Share Option
Nvidia gains rights to invest up to $2.1 billion in IREN as companies race to lock down massive AI compute capacity.
- CoinDeskScore: 85
Coinbase rebounds as altcoins surge with bitcoin holding above $80,000
Tokenization and digital asset-infrastructure stocks climbed as SEC Chair Paul Atkins signaled support for onchain finance rules.
- CointelegraphScore: 85
Kraken parent company applies for OCC charter in move toward banking
The US banking regulator has already approved similar charter applications for Coinbase, Ripple Labs, BitGo, Circle, Fidelity Digital Assets and Paxos.
- CryptoSlateScore: 80
Coinbase went down for over 5 hours after missing earnings. Bulls still see a path to $300 billion by 2030
Coinbase, the largest US-based exchange, ended a difficult first quarter with a fresh test of investor confidence after the crypto exchange missed Wall Street estimates by reporting another quarterly loss, and later suffered a service disruption tied to an Amazon Web Services (AWS) outage. The seque...
- CoinDeskScore: 80
Bitcoin slips to $79,000, DOGE leads majors losses as negative funding rates set 10-year record
Bitcoin pulled back from this week's $81,500 high after U.S. forces fired on Iranian targets, while crypto futures markets logged their 67th straight day of negative funding rates, the longest streak in a decade per K33 Research.
- CoinDeskScore: 80
Bitcoin slips below $80,000: Why the 'Trump rally' is hitting a wall of profit-taking
CryptoQuant says traders are cashing out into strength, Enflux ties the move to easing Hormuz tensions, while Glassnode argues bitcoin has reclaimed key levels needed for a broader recovery.
- The BlockScore: 80
South Korea tightens oversight of firms moving crypto overseas: report
South Korean authorities are also planning to start imposing a 22% capital gains tax on crypto from January 2027.
- CointelegraphScore: 80
Tether freezes over $500M of USDT in 30 days, BlockSec data shows
BlockSec data shows Tether froze over $500 million in USDT across 370 Ethereum and Tron addresses in 30 days, adding to $1.26 billion frozen in 2025 linked to illicit activity.
- DecryptScore: 80
Coinbase Outage Disrupts Crypto Trading and Transfers Amid Amazon Service Failure
Coinbase says Amazon Web Services failures across multiple availability zones caused an extended outage on its platform.
- CoinDeskScore: 80
ECB's Lagarde’s digital euro warning: Why Europe shouldn’t just copy the U.S. stablecoin model
Lagarde warned that large stablecoins like Tether and USDC, which now dominate a $310 billion market, pose financial stability risks and could transmit stress to underlying asset markets during periods of turmoil.
- The BlockScore: 80
SEC weighs new rulemaking for onchain market structures and software applications
The SEC needs to clear up how its regulatory framework applies to software applications, said its Chair Paul Atkins on Friday.
- The BlockScore: 80
Kraken parent Payward applies for national OCC trust charter following Ripple, Coinbase
The application seeks to establish the Payward National Trust Company, or PNTC.
- DecryptScore: 80
Kraken Parent Payward Applies for OCC National Trust Bank Charter
Crypto exchange Kraken is seeking a U.S. federal banking charter to complement its Wyoming SPDI subsidiary.
- DecryptScore: 80
Elizabeth Warren Wants Meta to Spill All on Stablecoin Plans Ahead of Clarity Act Votes
The Senate Democrat said Meta’s reported plans to partner with a third-party stablecoin issuer could undermine “competition, privacy… and financial stability.”
- CryptoSlateScore: 75
Next week’s CLARITY Act markup could fall apart over Trump family crypto ethics fight
The CLARITY Act is finally moving toward a long-awaited Senate Banking Committee markup next week, but its path is being complicated by a fight over whether Congress should impose new ethics restrictions on federal officials and elected leaders involved with the crypto industry. On May 7, crypto jou...
- The BlockScore: 75
ECB’s Lagarde flags euro-denominated stablecoins as financial stability risk, diverging from Bundesbank stance
The ECB President argued that euro-denominated stablecoins risk financial stability and monetary policy, pushing for a digital euro instead.
- CointelegraphScore: 75
AWS Northern Virginia data center overheats, impacting Coinbase
Coinbase said on Friday its markets are being placed in “cancel only” mode but will begin to re-enable trading “shortly.”
- The BlockScore: 75
Coinbase resumes trading after hours of AWS-linked disruption
Coinbase resumes trading after hours of AWS-linked disruption, restoring markets following 'Cancel Only' and auction-mode restrictions.
- CointelegraphScore: 75
Bitcoin ETFs snap 5-day inflow streak as BTC dips under $80K
Bitcoin ETFs snap a five-day $1.7 billion inflow streak with $277.5 million of outflows as Bitcoin falls below $80,000 amid sharp intraday volatility.
- DecryptScore: 75
Bitcoin Price Crashes Near Zero on Revolut, Blamed on Third-Party Service Disruption
Bitcoin briefly plummeted to about 2 cents on Revolut due to what the financial platform described as a third-party service disruption.
- DecryptScore: 75
ECB’s Lagarde Pushes Back on Euro Stablecoins, Warns of ‘Structural Weaknesses’
The European Central Bank chief says Europe "knows which port it is sailing to,” and it's not towards a euro stablecoin.
- CointelegraphScore: 75
Bitcoin’s ‘overbought’ signal flashes price top warning with focus on $78K
Bitcoin’s 36% rally from $60,000 resulted in the relative strength index flashing a potential top signal not seen since early 2026.
- CointelegraphScore: 75
US Senator questions Mark Zuckerberg on Meta’s stablecoin plans
Elizabeth Warren asked the Meta CEO to provide details on a stablecoin integration to the platform, a week after a small rollout to creators in Colombia and the Philippines.
- The BlockScore: 75
‘Shifted the vibes:’ Stablecoin deal revives crypto bill despite lingering ethics disputes
Vibes are on the upswing a week after lawmakers reached a compromise on what had become a major sticking point in passing crypto legislation.
- The BlockScore: 70
Senator Warren presses Meta over stablecoin trial ahead of 2026 rollout plans
Senator Elizabeth Warren questioned Meta over its stablecoin trial, citing Libra risks and 2026 integration plans.
- CointelegraphScore: 70
Block Inc rises 8% as Q1 gives ‘earnings surprise’ despite Bitcoin dip
Block’s Q1 earnings beat estimates despite Bitcoin revenue falling 26% on changing Bitcoin “trading dynamics” and reducing fees on Cash App transactions.
- The BlockScore: 70
Aptos commits $50 million across ecosystem projects, including agentic AI
Aptos announced a $50 million commitment to grow the blockchain's ecosystem, covering first-party products and protocol infrastructure.
- CointelegraphScore: 70
Chaos Labs says oracles secure after attempted ‘nation-state’ wallet attack
Chaos Labs said on Thursday it has rotated all keys since the attempted attack over the weekend and hasn't detected any suspicious activity since.
- The BlockScore: 70
Arbitrum DAO approves $70 million ETH release for Kelp DAO recovery
However, a May 1 court order restricted Arbitrum DAO from moving the recovered funds, prompting Aave to file an emergency motion against it.
- CointelegraphScore: 70
Zcash gains 70% in a week amid growing interest in crypto privacy
Swyftx’s Pav Hundal says Zcash is surging amid concerns about artificial intelligence, quantum computing and financial surveillance.
- CoinDeskScore: 70
Arbitrum approves $71 Million ETH release despite U.S. seizure fight
DAO delegates approved releasing exploit-frozen ETH to an Aave-led recovery effort, though Arbitrum’s governance rules delay any transfer for at least eight days
- CryptoSlateScore: 70
Bitcoin miners using AI as a bear market escape plan just got a new rival in Elon Musk
Elon Musk’s SpaceX has turned one of the world’s largest artificial intelligence clusters into a commercial compute product, creating a new challenge for Bitcoin miners racing to recast themselves as AI infrastructure companies. Anthropic said it reached a deal to use the full computing power of Spa...
- DecryptScore: 70
Arbitrum DAO Votes to Unlock $70 Million for Kelp DAO Exploit Relief
Arbitrum DAO voted to release the Kelp exploit funds, but a U.S. Court restraining notice has put the approved transfer in legal jeopardy.
- CointelegraphScore: 70
Mantle tokenholders approve 30K ETH Aave credit facility after rsETH exploit
The credit facility would help Aave address bad debt created after the April rsETH exploit strained its WETH market.
- CryptoSlateScore: 70
Ethereum loses 10% of its DeFi market share as rival chains close in
Ethereum's share of the total value locked (TVL) in DeFi compressed from 63.5% at the start of 2025 to around 54% as of May 7, hovering near the lowest level recorded since May 2025. DefiLlama puts Ethereum's current TVL at $45.4 billion, while the chains absorbing share have each staked out a disti...
- CointelegraphScore: 70
Bitcoin bulls battle for $80K control as US jobs data delivers surprise
Bitcoin traders called a "healthy bullish backtest" as BTC price action kept them guessing over whether $80,000 could be reclaimed.
- CointelegraphScore: 70
Crypto Biz: Wall Street wants more than just Bitcoin
Institutional capital is returning to crypto as Bitcoin ETFs surge, prediction markets mature and banks accelerate tokenized finance adoption.
- DecryptScore: 70
Banking Industry Says Clarity Act Stablecoin Proposal Would Enable 'Evasion'
Senators had hoped the issue, which has plagued crypto legislation for months, had been put to bed with a proposed compromise last week.
- CointelegraphScore: 70
Estonia's FSA issues investor warning about Zondacrypto
The news follows an investigation into the crypto exchange by Polish law enforcement officials and reports of customer withdrawal issues.
- The BlockScore: 65
Solv Protocol drops LayerZero in favor of Chainlink for $700 million tokenized bitcoin
It cited security as the core reason for the migration, in an apparent response to the recent exploit of LayerZero-powered Kelp DAO.
- CointelegraphScore: 65
Coinbase shares slide on $400M Q1 loss, revenue miss
Coinbase financial chief Alesia Haas said “macro conditions were genuinely tough,” while CEO Brian Armstrong highlighted a plan to diversify beyond spot trading.
- CointelegraphScore: 65
US sentences ‘laptop farmers’ who assisted North Korean IT workers
The US Justice Department said it recently secured two sentences against men hosting laptops for North Korean workers, marking a total of eight sentences in five months.
- CoinDeskScore: 65
Bitcoin shows 2-cent price on Revolut as users report apparent BTC display glitch
Screenshots showed BTC briefly far below global market prices, though it remains unclear whether any trades were executed at those levels or whether the move was a display issue.
- The BlockScore: 65
Bernstein says Coinbase’s ‘everything exchange’ strategy is gaining traction despite weak first-quarter results, sees 71% upside
The analysts maintained an outperform rating and $330 price target on Coinbase despite weaker first-quarter results.
- CryptoSlateScore: 65
Bitcoin faces new tariff risk as EU races to finalize US trade deal this month
The European Union is racing against a self-imposed deadline to implement its side of the existing US-EU trade accord, with the next formal trilogue round set for May 19 in Strasbourg. President Donald Trump threatened on May 2 to lift tariffs on EU cars and trucks to 25% from 15%, a move the Kiel I...
- CointelegraphScore: 60
Aptos Foundation, Aptos Labs commit $50M to development as it eyes AI agent future
The Aptos Foundation said building infrastructure that enables sub-second finality without the need for human intervention is a key to supporting the next wave of AI agent adoption.
- The BlockScore: 60
Taiwan news anchor indicted for allegedly taking crypto payments from China to produce propaganda, bribe soldiers
Taiwan prosecutors indicted a news anchor for allegedly accepting crypto payments from an "overseas hostile force" to produce news shows.
- CoinDeskScore: 60
Zcash to roll out quantum-recoverable wallets within a month, go quantum-proof by 2027
Bitcoin no longer holds up as the cypherpunk-grade money it was meant to be, Zcash's Zooko Wilcox told an engaged audience.
- CoinDeskScore: 60
Stablecoin card spend is growing 100% year over year, Rain exec says
Stablecoin settlement enables weekend/holiday settlement, reducing trapped capital by over 40%. This improves card economics and financial flexibility for issuers.
- CointelegraphScore: 60
Bitcoin eyes $80K reclaim as traders say these BTC price support levels must hold
Bitcoin retagged $80,000 after falling 3% on Iran concerns, while traders flagged important BTC price support levels to preserve next.
- CointelegraphScore: 60
Four signs that show Ethereum's rally is exhausted at $2.4K
Several Ethereum metrics suggest the ETH price could see further downside due to reduced demand and weakening network fundamentals.
- CointelegraphScore: 60
Stablecoins won’t strengthen global role of euro, ECB’s Lagarde says
ECB President Christine Lagarde said Europe should build tokenized settlement infrastructure anchored by central bank money rather than rely on private stablecoins.
- CointelegraphScore: 60
Australian police seize $4.1M in Bitcoin tied to darknet market
NSW Police said the Bitcoin was allegedly linked to illegal darknet marketplace activity involving drugs and weapons.
- The BlockScore: 60
TeraWulf’s $21 million HPC revenue surpasses bitcoin mining for first time in Q1
Former pure-play bitcoin miners like TeraWulf are starting to report AI and HPC revenue overtaking their mining segments.
- CointelegraphScore: 60
On-Chain, In Court: What happened in crypto legal news this week
US authorities find an additional $10 million connected to Sam Bankman-Fried, the former CEO of Celsius ditches his legal team and a new law in Washington state bans crypto ATMs.
- The BlockScore: 60
Crypto ‘wrench attacks’ on the rise, with victims’ family members increasingly at risk: CertiK
There has been 34 verified incidents globally, a 41% increase from the same period in 2025, CertiK said in a report published Friday.
- CointelegraphScore: 60
Exodus launches AI agent-focused stablecoin on Solana
The crypto wallet company pairs the XO Cash token with software tools that let AI agents transact using preset spending controls and stablecoin payments.
- The BlockScore: 60
CryptoQuant says bitcoin profit-taking could increase further amid ‘bear market rally’
Bitcoin holders are increasingly taking profits after the rally, though a correction may still take time to materialize, CryptoQuant said.
- CointelegraphScore: 60
Swiss Bitcoin reserve campaign set to lapse after failing to gather signatures
Organizers failed to collect enough signatures to trigger a referendum that would have required the Swiss National Bank to hold Bitcoin in its reserves.
- DecryptScore: 55
Morning Minute: Coinbase Misses Earnings on Surprise Loss
Coinbase missed earnings, but one of its newest businesses is scaling incredibly fast—and Tom Lee may finally be slowing his Ethereum buying.
- CoinDeskScore: 55
Coinbase bulls point to crypto legislation and stablecoins after earnings miss
Analysts say Coinbase’s long-term growth may depend more on stablecoins and U.S. crypto legislation than a rebound in trading activity.
- The BlockScore: 55
Bitcoin rally cools as April jobs fails to break macro ceiling with Iran tensions and ETF outflows in play
Bitcoin holds near $80,200 after April nonfarm payrolls beat expectations as Iran tensions and ETF outflows check the rally.
- CoinDeskScore: 55
AI agents fueled a frenzy of startup building at the Consensus Miami EasyA hackathon
Nearly 1,000 developers competed at the venue, from ecosystems like Base, Solana, and others arriving from companies like Microsoft and Google, most racing to build products around the theme of AI agents.
- CoinDeskScore: 50
Coinbase blames AWS for hours-long crypto trading outage
Coinbase says the outage has been fully resolved but that it will investigate the incident fully.
- CoinDeskScore: 50
Consensus panelists explain why Perp DEXes remain a tough sell for institutional investors
Panelists at Consensus Miami said institutional investors are still largely absent from perp DEXs, citing security risks and KYC friction as key barriers.
- CointelegraphScore: 50
CLARITY Act support carries electoral boost, HarrisX poll finds
The poll found 52% of registered voters support the CLARITY Act, with 47% willing to cross party lines for a candidate who backs the bill.
- CoinDeskScore: 50
S&P 500 call options volume surges to record $2.6 trillion. Here's what it means for bitcoin
As Wall Street chases upside in stocks like never before, the implications for bitcoin appear bullish, though with an important caveat.
- CoinDeskScore: 50
U.S. added 115K jobs in April, nearly doubling expectations
The data comes ahead of what's expected to be a new Federal Reserve chairman taking the reins at the U.S. central bank later this month.
- CoinDeskScore: 50
Stablecoins have their 'permission slip.' Now comes the hard part.
Executives from MoonPay, Ripple and Paxos said at Consensus Miami 2026 that regulation has accelerated stablecoin adoption, but infrastructure, privacy and distribution remain major hurdles.
- DecryptScore: 50
Zcash Targeting Post-Quantum Crypto Milestone by 2027
The privacy-focused cryptocurrency plans to launch a quantum-recoverable wallet within a month as it outlines its roadmap.
- CointelegraphScore: 50
Europe sees ‘hyperconcentration’ of crypto wrench attacks as losses hit $101M
Criminal teams behind wrench attacks usually consist of three to five people, often posing as delivery drivers or luring victims into ambushes, said CertiK.
- CointelegraphScore: 50
Strategy's MSTR stock signals 80% rally potential despite Q1 loss
MSTR is forming an ascending triangle pattern on its weekly price chart, pointing to a breakout move toward $350 in the coming months.
- CointelegraphScore: 50
Bitcoin profit-taking may 'accelerate' as price hits 3-month high: Analyst
Despite the short-term price recovery, Bitcoin remains in a bear market, according to CryptoQuant analyst Julio Moreno.
- DecryptScore: 50
Will Strategy Sell Bitcoin This Year? Traders Are Convinced After Saylor Comments
Users of Myriad's prediction market believe it's likely Strategy will part ways with some of its Bitcoin holdings this year.
- DecryptScore: 50
TeraWulf's AI Compute Revenue Outpaces Bitcoin Mining Amid $427 Million Loss
Publicly traded Bitcoin miner and data center operator TeraWulf reported a hefty net loss in Q1 as its AI revenue took over from BTC.
- DecryptScore: 45
XRP New Addresses, Active Supply Plunge Amid Shift to ‘Institutional Rails’
New XRP addresses hit multi-year lows, per Glassnode data, as the network shifts from "retail speculation" to institutional usage.
- CoinDeskScore: 45
XRP pushes toward $1.40 as tightening range lowers breakout chances
Price moved higher on a late volume burst, with traders watching whether compression near $1.39-$1.40 finally resolves into a larger move.
- CoinDeskScore: 40
U.S. hiring slowdown could be great for bitcoin — unless wages spoil the party
Your day-ahead look for May 8, 2026
- CointelegraphScore: 40
Revolut users report Bitcoin price glitch showing BTC at 2 cents
The apparent pricing error was not reflected across broader crypto markets, suggesting a platform-specific data or display issue.
- CointelegraphScore: 40
How AI became crypto's favorite reason to cut staff
Coinbase, Block and Crypto.com have all cited AI to justify recent cuts, though Scale AI’s Jason Droege suspects companies are using the technology as cover.
- CointelegraphScore: 40
Price predictions 5/8: BTC, ETH, BNB, XRP, SOL, DOGE, HYPE, ADA, ZEC, BCH
Bitcoin continues to find buyers on each dip, but charts suggest traders may struggle to overcome the $84,000-$92,000 resistance cluster.
- The BlockScore: 40
Duke law lecturer argues Trump-connected World Liberty Financial issued a security
Lee Reiners argues World Liberty's so-called governance token is not a so-called digital commodity or pure governance tool.
- CoinDeskScore: 35
CoinDesk 20 performance update: NEAR Protocol (NEAR) gains 6.3%, leading index higher
Internet Computer (ICP), up 5.8% from Thursday, was also a top performer.
- CoinDeskScore: 30
AI agents could solve crypto’s user problem
Chappy Asel says autonomous software may be more natural users of wallets and stablecoins than humans, though agentic payments remain mostly theoretical.
- CryptoSlateScore: 30
Cardano’s Charles Hoskinson says the future of crypto wallets will be inside iPhones and Androids
At Consensus 2026, Cardano's Charles Hoskinson said that “users should probably never have their private keys,” adding that “something should have the private keys for the users.” He argued that the secure chips already embedded in iPhones, Android phones, and Samsung devices...
- The BlockScore: 30
Bernstein sets $100 IREN target after $3.4 billion NVIDIA AI deal
Bernstein analysts set $100 IREN target after NVIDIA deal, citing $3.4B cloud contract and 76% implied upside.
- DecryptScore: 30
AI Won’t End Human Work, Andreessen Horowitz Partner Says
a16z partner David George argues AI will reshape work instead of erasing it.
- The BlockScore: 20
Hyperliquid Strategies posts $165 million net loss for nine months ended March 31 as HYPE treasury grows
The firm has deployed $216 million to acquire approximately 7.3 million HYPE tokens since its inception in December 2025.
- DecryptScore: 20
Trump Admin Launches Pentagon UFO Website With Declassified Files
The new website follows years of hearings, investigations, and pressure for greater UAP transparency.
- DecryptScore: 20
Intel Stock Hits All-Time High After Preliminary Chip Deal With Apple
A preliminary Apple-Intel manufacturing agreement—backed by a White House push—sent Intel stock above $130 on Friday.