Crypto

Five major banking trade groups issued a joint statement opposing the compromise barely hours after its release.

A Cambridge-led study finds AI is not turning hackers into superhackers. It’s mostly helping them write blog spam.

Regional lenders gain access to infrastructure for stablecoins, tokenized deposits and crypto-backed lending without building systems in-house, signaling wider bank adoption. The Tennessee Bankers Association (TBA), a trade group representing the state’s commercial banks, has selected Stablecore as a preferred technology provider for digital asset services, highlighting growing interest among regional lenders in crypto infrastructure. In a Tuesday announcement, the TBA said Stablecore will provide infrastructure that enables community and regional banks to offer products such as stablecoins, tokenized deposits and digital asset-backed lending through their existing systems. The endorsement gives Stablecore exposure to the association’s roughly 175 member institutions, potentially accelerating adoption among smaller banks that lack in-house digital asset capabilities. Read more

Coinbase will cut about 700 employees, or 14% of its workforce, under a May 5 restructuring plan that the company says will cost $50 million to $60 million. The company framed the move as a response to two forces: crypto-market volatility and a shift in how artificial intelligence is changing the work inside Coinbase. Armstrong […] The post Coinbase cuts 14% of staff as Armstrong ties cost reset to AI and market volatility appeared first on CryptoSlate.

The lending protocol proposed tokenized claims, a revenue-backed pool and a security overhaul as it works with law enforcement to recover the stolen funds.

Executives from Citigroup, JPMorgan and DTCC said at Consensus that genuine client demand is driving real-world use of tokenized assets.

Crypto market momentum could extend further unless geopolitical risks flare up again, one analyst said.

Improving investor confidence supports Bitcoin’s hold on $80,000, as the Crypto Fear and Greed Index exited the “Extreme Fear” zone and now reads “neutral.” Are the bulls back in control? The Crypto Fear and Greed Index hit 50 on Tuesday, measuring “neutral” for the first time since Jan. 17. This shift ended a 108-day stretch dominated by negative sentiment. The index gauges market sentiment using volatility, momentum, trading volume, and social signals. A score below 25 signals "extreme fear" or risk aversion, while 26–49 reflects cautious positioning or “fear,” with higher readings indicating improving investor confidence.  Crypto Fear and Greed Index. Source: Alternative.me The index's move to 50 marks its first neutral score since mid-January and follows a steady recovery in the total crypto market capitalization, which rose 5.45% in May. Since March, the market has expanded by 16.51%, climbing to $2.66 trillion from $2.28 trillion. Read more

GPT-5.5 Instant is now the default ChatGPT model. It makes fewer things up, answers more concisely, and finally remembers what you told it last week.

a16z's new fund targets real-world crypto use cases, including stablecoins, payments, lending, prediction markets, and tokenized financial assets.

Pennsylvania Governor Josh Shapiro said the lawsuit targets AI bots that misrepresent themselves as licensed medical professionals.

[PRESS RELEASE – Miami, US, May 5th, 2026] BNB Chain, the leading L1 blockchain ecosystem, today announced it will host an event at the Pérez Art Museum Miami on the sidelines of Consensus Miami, bringing together builders, investors, and institutional leaders from across the Web3 space. The event is open to all attendees, from early-stage […]

While Roni Cohen-Pavon’s lawyers have asked for time served, US Attorney Jay Clayton was unspecific in the federal government’s recommendation, requesting the judge defer to sentencing guidelines. Federal prosecutors are recommending a light sentence for Roni Cohen-Pavon, the former chief revenue officer of defunct cryptocurrency lending platform Celsius. In a Monday letter filed in the US District Court for the Southern District of New York (SDNY), US Attorney Jay Clayton cited Cohen-Pavon’s “substantial assistance” to the government, by being prepared to testify against former Celsius CEO Alex Mashinsky. Prosecutors did not request a specific amount of time for the former chief revenue officer to spend in prison, instead asking the judge to consider the sentencing guidelines for an “appropriate sentencing reduction for a defendant who has rendered substantial assistance.” Read more

Here are the latest updates disclosed by the exchange.

Sequans Communications liquidated nearly half its Bitcoin treasury as mounting losses and debt obligations forced a strategic reversal.

The Nevada Democrat told Professor Yesha Yadav that incremental, bipartisan reform is the path forward as Senate negotiations on the CLARITY Act stall.

Investors allege the rapper misled buyers about the token’s real-world utility.

Speaking at Consensus Miami 2026, the Solana co-founder said that he is excited to see 'Alpenglow' upgrade go live later this year, which could come as early as next quarter.

Western Union launched USDPT, a dollar-backed stablecoin on Solana, issued by Anchorage Digital Bank, for 24/7 settlement with agents and partners.

The firm offers rapid service, targeting the sub-$300,000 loan segment, with HELOC applications approved in 5 minutes and funding in 3 days.