Crypto

TeraWulf’s HPC lease revenue jumped 117% quarter-on-quarter to $21 million, but a $427 million net loss highlights the costs of transitioning from Bitcoin mining to AI infrastructure. Bitcoin miner TeraWulf posted a net loss of $427 million in the first quarter of 2026, up from the $61.4 million loss recorded in the same period a year earlier. Total revenue for the quarter came in at $34 million, with high-performance computing (HPC) lease revenue accounting for $21 million, roughly 60% of the total and a 117% jump from the prior quarter, according to a Friday announcement. Bitcoin mining revenue fell 50% to around $13 million. The HPC revenue was driven by 60 megawatts of operational critical IT capacity at Lake Mariner, one of North America's largest HPC campuses, leased to Core42. TeraWulf is also coordinating infrastructure delivery with Fluidstack and Google, with additional capacity buildings on track for delivery in 2026.  The company ended the quarter with approximately $3.1 billion in cash. Read more

Here's how XRP can skyrocket by at least 1,000%.

The Senate Banking Committee plans to mark up the CLARITY Act on May 14, giving the stalled crypto-market-structure bill its clearest path this year toward a committee vote. The hearing would move one of Congress’s most closely watched digital-asset bills from private negotiations into a public amendment process, where lawmakers are expected to test whether […] The post Bankers are scrambling as Senate schedules CLARITY Act markup for May 14 appeared first on CryptoSlate.

Trust Wallet CEO Felix Fan and Mesh CTO Arjun Mukherjee said AI agents are creating a new role for crypto wallets.

The world's largest asset manager filed paperwork to expand its tokenized fund lineup as real-world assets grow 200% year over year.

After initially framing the exploit as a developer configuration failure, LayerZero said it “owns” the decision to let its own verifier secure high-value transfers in a vulnerable setup.

U.K. police charged British sprinter CJ Ujah in an alleged crypto fraud scheme involving wallet seed phrase theft and impersonation calls.

Over six years ago, BTC plummeted by 50% within a few days as COVID spread like wildfire.

Bitcoin’s brief drop below $80,000 during the last 24 hours has exposed a more fragile market after weeks of gains, but options traders are not yet treating the pullback as the start of a deeper breakdown. According to CryptoSlate data, the retreat erased part of a rally that had carried Bitcoin about 37% higher since […] The post Bitcoin briefly slips below $80,000, but options traders are betting the dip won’t last appeared first on CryptoSlate.

A Manhattan judge modified a restraining notice to let Arbitrum DAO move $71 million in frozen Ether to Aave, while preserving terrorism victims’ legal claim on the funds. A Manhattan federal judge has allowed Arbitrum DAO to move $71 million in frozen Ether to Aave, clearing the path for the DeFi protocol’s recovery effort following a North Korea-linked exploit. Judge Margaret Garnett of the Southern District of New York issued the order on Friday, modifying a restraining notice that had locked the assets inside Arbitrum DAO. The modification permits an onchain governance vote to send the funds to a wallet controlled by Aave LLC, and explicitly protects anyone who participates in the transfer from being held in violation of the freeze. The order still keeps the terrorism victims’ legal claim on the funds, meaning Aave can’t use the funds freely and could be forced to hand them over if the court ultimately rules in the terrorism victims’ favor. Read more

In a May 8 speech, SEC Chair Paul Atkins said the agency could consider a limited “innovation pathway” for on-chain trading systems in the near future. Meanwhile, the agency will reserve formal notice-and-comment rulemaking to determine how crypto platforms fit inside the exchange definition. Atkins tied that idea directly to the SEC's handling of electronic […] The post The SEC looks at a 1990s fix for crypto markets to allow true “innovation pathway” appeared first on CryptoSlate.

Whales have reduced their ETH holdings by over 21% since the October peak.

US spot Bitcoin ETFs have logged six consecutive weeks of net inflows, the longest such streak since a seven-week run that drew in $7.57 billion in the summer of 2025. US spot Bitcoin exchange-traded funds (ETFs) have recorded a sixth consecutive week of net inflows, marking the longest such streak since August 2025. The current six-week run stretches from the week of April 2 through Friday, pulling in a combined $3.4 billion, according to data from SoSoValue. The strongest week came in mid-April, when inflows hit $996.38 million for the week of April 17, while the streak’s weakest showing was the week of April 2 with just $22.34 million. The most recent week logged $622.75 million. The run marks the longest streak of consecutive net weekly inflows in more than nine months, when a 7-week ran from June 13 to July 18, 2025, drew in roughly $7.57 billion, including $2.72 billion for the week of July 11 and $2.39 billion the following week. Read more

Strike CEO Jack Mallers argued that if Wall Street “kills” Bitcoin, then the asset was never going to succeed in the first place. Bitcoin payments application Strike CEO Jack Mallers said that Wall Street’s growing involvement in Bitcoin poses no threat or conflict to the asset itself. “My one-word answer to that is no,” Mallers told Danny Knowles on the What Bitcoin Did podcast published to YouTube on Thursday, in response to whether institutional involvement threatens Bitcoin’s core principles. “If Wall Street getting into Bitcoin kills it, it was never going to be successful in the first place,” Mallers said. Read more

Toncoin (TON) surged from roughly $1.32 on May 1 to an intraday high of $2.90 by May 7, pushing its market cap to approximately $7.8 billion. The catalyst was Pavel Durov's announcement that Telegram would replace the TON Foundation as the network's primary driving force and become its largest validator within two to three weeks. […] The post TON price doubles after Telegram made a move critics say cuts against crypto’s core promise appeared first on CryptoSlate.

ONDO and JUP have stolen the show from the top 100 alts today.

The impact on crypto prices was quite minimal compared to the ceasefire between Iran and the US.

[PRESS RELEASE – London, United Kingdom, May 8th, 2026] GoBTC Pay is a protocol that lets consumers make native and instant payments on Bitcoin’s base layer. GoMining launches its own mining pool to prioritize GoBTC Pay transaction confirmation, targeting a 12-hour final on-chain settlement by the end of 2026. The launch marks a strategic expansion […]

Judge Margaret Garnett allowed frozen exploit funds on Arbitrum to move to Aave, but the legal freeze follows the assets as terrorism plaintiffs continue their claim.

Many analysts have noted in the past few weeks that XRP is close to a break out. Yet, every attempt has been halted so far.