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News
DeFi rides Pokémon trading card boom as onchain marketplaces bring in $11m
DeFi protocols are capitalising on the trading card boom. Platforms let users buy and sell NFT versions of Pokémon cards and unopened packs. They generated $11 million in revenue last month.
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Coinbase shares pop as CEO Brian Armstrong cuts 700 jobs and blames AI
Coinbase is cutting 14% of its global workforce. It joins the likes of tech giants Meta and Microsoft. Shares popped 4% on the news.
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Hyperliquid takes aim at Kalshi, Polymarket targeting $24bn prediction markets
Hyperliquid's first Bitcoin outcome market beat Polymarket and Kalshi. Bernstein says the move signals prediction markets are becoming institutional hedging tools.
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Strategy shares soar 50% in a month as Bitcoin tops $80,000 ahead of Q1 earnings call
Strategy's stock price rallied over 50% in the past month. Bitcoin is trading above $80,000. Bitcoin spot ETFs have pulled in $827 million so far in May.
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Clarity Act odds surge on stablecoin compromise, Coinbase support
Odds the Clarity Act passes in 2026 skyrocketed on Friday. Senators reached a deal regarding stablecoin yield, and Coinbase executives have expressed their support. The deal would ban payments that are "economically or functionally equivalent" to interest
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Bitcoin tops $80,000 price as Clarity Act nears Senate floor with new Fed chair imminent
The top crypto topped $80,000 on Monday. Senator Tim Scott says a bipartisan markup is coming for the Clarity Act in May. ETF inflows are accelerating, with $630 million pouring in on the first day of May alone.
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Crypto industry reels as April sees highest number of hacks ever
April saw a record number of crypto hacks. Single points of failure are a growing concern. Code bugs were the cause of the vast majority of incidents.
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XRP held back by 'two forces' analyst says as traders bet on price to plunge
Ripple has a lot going for it. But the cryptocurrency linked to the company isn't doing well. What's holding XRP back?
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Robinhood primed for rebound after shares tank 8% in Q1 miss, Bernstein says
Robinhood revenue from crypto is down 47% year-on-year in Q1. Shares have bottomed after a 8% tumble, analysts say. Yet the broader business held up.
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Quantum attack breaks crypto key 512x larger than last record. Is Bitcoin ready?
Giancarlo Lelli performed the largest known quantum attack on Bitcoin's encryption model. His feat is a 512-fold jump from the previous record. Bitcoin enthusiasts are scrambling for ideas to deal with the quantum computing threat.
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