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A daily news site covering all things crypto and the decentralized web.
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Coinbase Shares Slide as Crypto Giant Reports $394 Million Q1 Loss

Crypto exchange Coinbase reported a consecutive quarterly loss as transaction revenue plummeted 40% amid a volatile market.
Trump Sons Haven't Abandoned World Liberty Financial, Crypto Firm Insists

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

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

a16z partner David George argues AI will reshape work instead of erasing it.
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.
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.
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.
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.
Trump Admin Launches Pentagon UFO Website With Declassified Files

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