CleanSpark posted a $378.3 million net loss in its fiscal second-quarter results, more than double the prior year, with nearly 60% tied to Bitcoin price declines. Bitcoin miner CleanSpark (CLSK) recorded a net loss of $378.3 million in its fiscal second quarter, more than doubling the $138.8 million loss reported in the same period a year ago, largely due to a sharp drop in Bitcoin’s price. On Monday, the Las Vegas-based miner disclosed the results for the quarter ended March 31, 2026. It reported a $224.1 million loss tied to the fair value of its Bitcoin holdings, accounting for nearly 60% of the total quarterly loss. The company held $925.2 million worth of BTC at quarter’s end. It reported a fiscal second-quarter net loss of $1.52 per basic share, widening from a loss of $0.49 a year earlier. Revenue for the quarter ended March 31 was $136.4 million, down from $181.7 million a year earlier. Read more
Binance says it prevented $10.53 billion in user losses and blacklisted 36,000 malicious addresses, with AI now powering over half of its fraud controls. Crypto exchange Binance says its AI-powered security tools helped prevent more than $10 billion in user losses from scams and fraud between early 2025 and March 2026. Binance said in a blog post on Monday that it had protected more than 5.4 million users from fraud between the first quarter of 2025 and the first quarter of 2026 after rolling out over 24 AI-driven initiatives and more than 100 models. “AI-powered scams and exploits are accelerating,” Binance said. “The barrier to entry for scam perpetrators is falling fast, with AI accelerating the drop. What once required technical expertise can now be executed for next to nothing and at scale.” Read more
US prosecutors say three men posed as delivery drivers and forced entry into homes to steal at least $6.5 million in crypto. US authorities have unsealed an indictment against three men accused of stealing at least $6.5 million in a “violent robbery spree targeting cryptocurrency owners.” The Justice Department said in a statement Monday that a federal grand jury indicted three men for allegedly planning to kidnap and rob four people around San Francisco and Los Angeles for their crypto. The trio, Elijah Armstrong, Nino Chindavanh and Jayden Rucker, are alleged to have posed as delivery drivers to force their way into residences and use threats of violence to extract crypto seed phrases. Read more
The Ethereum Foundation has finalized a new gas limit floor and improvement proposal for its “Glamsterdam” upgrade, which is likely to go live sometime in the third quarter of 2026. The Ethereum Foundation has reached several progress milestones on the next Ethereum upgrade called “Glamsterdam” and has named three new leads for its Protocol team. The Ethereum Foundation said in a blog post on Monday that it had achieved a “credible post-Glamsterdam target,” establishing a 200 million gas limit floor, giving the network a major post-upgrade speed boost from its current gas limit of around 60 million. “The immediate focus is shipping Glamsterdam,” the Ethereum Foundation said, which had originally scheduled the upgrade for June, but is now likely to be sometime in the third quarter of 2026. Read more
The company said its platform now supports tokenized equities, funds and money market instruments across trading, settlement and post-trade operations. Broadridge Financial Solutions said it expanded its infrastructure to support tokenized securities alongside traditional assets, as Wall Street firms pour into building systems for blockchain-based trading and settlement. The financial technology company focused on institutional securities markets said on Tuesday that its platform now supports tokenized equities, funds, alternative assets and money market instruments across trading, order routing and post-trade operations. The New York Stock Exchange-listed company added that the system connects to public and permissioned blockchain networks including Ethereum-compatible chains and Canton. On Monday, the company said it had begun operating an Agentic AI platform for capital markets and wealth management workflows. Read more
The blockchain analytics company said the funding will support expansion of AI-powered compliance and transaction monitoring software for banks and crypto firms. Blockchain analytics company Elliptic raised $120 million in a Series D funding round backed by investors including Nasdaq Ventures, Deutsche Bank and the British Business Bank, as stablecoins and tokenized assets see broader institutional adoption. The funding round, led by One Peak, values Elliptic at $670 million and will be used to expand its AI-driven blockchain analytics and transaction monitoring services for banks, fintech companies, government agencies and crypto firms, according to the announcement. Elliptic said its platform screens more than 1 billion blockchain transactions per week across more than 65 networks and is used by over 700 customers in 30 countries. Read more
Christopher Delgado, the former Goliath Ventures CEO charged with fraud and money laundering, has publicly apologized to investors of what US prosecutors allege is a Ponzi scheme. Christopher Delgado, the former CEO of Goliath Ventures, has publicly apologized to investors for what US prosecutors allege was a $328 million crypto investment Ponzi scheme. “They put their trust in me, and I failed them,” Delgado told ABC-affiliated television station WFTV in an interview aired on Monday. Delgado said he wanted to publicly explain what happened “from beginning to end” and express “how sorry I am.” Delgado claimed that he voluntarily returned to the US to face charges of fraud and money laundering brought by the Orlando US Attorney’s Office on Feb. 20. He faces a maximum penalty of 30 years in federal prison if convicted on all counts. Read more
Tom Lee says Ether’s correlation with software stocks is further evidence that “crypto spring” has begun. Ether treasury company Bitmine Immersion Technologies has slowed the pace of its Ether purchases after previously increasing its buying rate and acquiring more than 100,000 tokens over the last three weeks. Bitmine said on Monday that it purchased 26,659 ETH over the last week, down from the over 100,000 tokens a week it was previously maintaining, but that it was still on track for its goal to buy 5% of the token’s 120.7 million circulating supply by the end of the year. “We have decided to slow down our pace of weekly accumulation from >100,000 per week as we originally targeted reaching the ‘alchemy of 5%’ target in late 2026,” Bitmine chairman Tom Lee said. “Our previous pace of >100k weekly buys would have us reach 5% by mid-July.” Read more