Cointelegraph.com
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Cointelegraph.com - 14:56 May 10, 2026
Bitcoin avoided a weekend drop as $80,000 stayed in place, but traders saw BTC price action dipping below before continuing higher. Bitcoin (BTC) eyed $81,000 into Sunday’s weekly close as traders saw a fresh support retest next. Key points: Read more -
Cointelegraph.com - 14:00 May 10, 2026
Bloomberg reported Digital Asset Holdings is raising money at a $2B valuation in a round led by a16z Crypto, which comes less than a year after an earlier nine-figure round. Digital Asset Holdings, the enterprise blockchain company behind the Canton Network, a permissioned blockchain network for financial institutions with privacy features, is reportedly raising fresh capital at a $2 billion valuation. The $300 million round is being led by venture capital firm a16z crypto, and is expected to close in several weeks, according to Bloomberg, which cited unidentified people with knowledge of the deal. The report comes less than a year after Digital Asset announced it had raised $135 million in a strategic funding round led by DRW Venture Capital and Tradeweb Markets. A company spokesman on Sunday declined to comment in response to an email query from Cointelegraph. Read more -
Cointelegraph.com - 13:00 May 10, 2026
Hyperliquid, EdgeX and Pump.fun returned a combined $96 million to token holders in 30 days, as the crypto community shifts its focus from transaction volumes to real earnings. Three of DeFi’s relatively young applications, including Hyperliquid, EdgeX and Pump.fun, have distributed a combined $96.3 million to token holders over the past 30 days, as the sector’s focus shifts to actual earnings. Hyperliquid led the pack, generating $50.95 million in revenue over the period, all of which went directly to token holders with zero spent on incentives, according to data from DefiLlama. Pump.fun came in second with $22.09 million returned to holders out of $38.81 million in total revenue. EdgeX followed with $23.26 million distributed to holders from $8.26 million in protocol revenue, suggesting that the platform is drawing on reserves or alternative income streams to reward holders. On an annualized basis, Hyperliquid has generated $945.87 million in revenue over the past year, all returned to holders, while Pump.f... -
Cointelegraph.com - 10:58 May 10, 2026
South Korean crypto holdings fell to $41 billion from $83 billion in just over a year as investors shifted to stocks. The value of cryptocurrency held by South Korean investors more than halved over the past year, falling to 60.6 trillion won ($41.4 billion) by the end of February 2026 from 121.8 trillion won ($83.3 billion) at the end of January 2025. Daily trading volumes across the country’s five major exchanges, including Upbit, Bithumb, Korbit, Coinone and Gopax, also took a hit, collapsing to $3 billion by February compared to $11.6 billion in December 2024, Korean outlet The Chosun Daily reported, citing data the Bank of Korea submitted to Rep. Cha Gyu-geun of the Rebuilding Korea Party. Won deposits held at exchanges, a proxy for investor dry powder, also fell to 7.8 trillion won from 10.7 trillion won at end-2024. The drop is attributed to a combination of falling crypto prices and capital flowing into the stock market. Read more -
Cointelegraph.com - 10:47 May 10, 2026
BTC’s rising wedge points to a possible drop toward $70,000 as Strategy pauses buying and inflation cools Fed rate-cut hopes. Bitcoin (BTC) may head into next week’s US inflation report with less support than it had during the last two CPI releases, raising the risk of a pullback toward $70,000. Key takeaways: The Cleveland Fed’s latest inflation nowcast estimates April CPI at 3.56% year over year, up from 3.3% in March. Read more -
Cointelegraph.com - 08:30 May 10, 2026
Trump Media’s $405.9 million net loss was driven mostly by unrealized losses on Bitcoin bought at last summer’s peak and Cronos tokens acquired through a Crypto.com deal. Trump Media & Technology Group posted a $405.9 million net loss in the first quarter of 2026, widening from $31.7 million a year earlier, amid growing unrealized losses on its crypto holdings. The parent company of Truth Social booked $244 million in unrealized losses on its Bitcoin position and a further $108.2 million in investment losses tied mostly to equity securities, with nearly $370 million of the quarter’s total losses stemming from digital asset and equity markdowns, according to a recent filing with the Securities and Exchange Commission (SEC). The losses mostly trace back to Bitcoin purchases made at last summer’s market peak. Trump Media bought roughly 9,500 Bitcoin at an average cost of around $108,519 per coin. By March 31, the company held 9,542 Bitcoin at a total cost basis of $1.13 billion but a fair value of $647 million, ... -
Cointelegraph.com - 05:33 May 10, 2026
The increase in bullish versus bearish crypto commentary on social media has Santiment warning that the recent crypto market rally may be short-lived. Crypto bullish chatter on social media has surged to levels that, according to crypto sentiment platform Santiment, could signal the current market uptrend may be short-lived. “Rallies that arrive with a confident crowd tend to fade faster than those climbing a "wall of worry,” Santiment said in a report published on Saturday. “Those climbing skepticism tend to extend,” Santiment added. Santiment said the ratio of bullish to bearish crypto-related comments on social media is currently around 1.5 to 1, based on a sample of active crypto accounts tracked across multiple platforms. It comes as Bitcoin (BTC) has increased 11.50% over the past 30 days, trading at $80,628 at the time of publication, according to CoinMarketCap. Read more -
Cointelegraph.com - 00:17 May 10, 2026
Binance co-founder Changpeng “CZ” Zhao said rival crypto exchanges were concerned a pardon could pave the way for Binance to return to the US market. Binance co-founder Changpeng “CZ” Zhao said he was not very confident he would be pardoned by US President Donald Trump after serving a four-month prison sentence in 2024 for violating US anti-money-laundering laws. “You never know because we actually had very strong anti-lobbying from some of our perceived competitors in the US,” Zhao told Ran Neuner on the Crypto Banter podcast published to YouTube on Saturday. “The other crypto exchanges in the US don't want me to get a pardon,” Zhao said, arguing they were concerned about Binance re-entering the US market after its exit in November 2023. The departure followed a $4.3 billion settlement with Binance and the US government over violations of the Bank Secrecy Act (BSA) and the International Emergency Economic Powers Act (IEEPA), as well as failure to register as a money transmitting business. Read more -
Cointelegraph.com - 23:00 May 09, 2026
Individual miners in Bitcoin mining pools must rely on block templates provided by the mining pool operator. Seven major Bitcoin mining pools have joined the Stratum V2 working group to develop an industry-wide open standard protocol used by mining pool operators to communicate with individual miners in their pools. AntPool, Block Inc, F2Pool, Foundry, MARA Foundation, SpiderPool, and DMND all joined the working group to collaborate on the mining pool communication standard, which could reduce the time it takes pools to successfully mine blocks, according to an announcement from Stratum V2. “Bitcoin mining is competitive and fragmented by design. It is a race for efficiency where a millisecond can determine whether a miner wins a block or loses to a competitor,” the announcement said. Read more -
Cointelegraph.com - 21:21 May 09, 2026
Strategy's Bitcoin sales will not move the markets, despite it owning more than 4% of the digital currency's maximum supply, Le said. Phong Le, the CEO of Bitcoin treasury company Strategy, outlined conditions during an interview on Friday, under which the company would sell some of its Bitcoin holdings. The company will sell Bitcoin to pay the dividend on its Series A Perpetual Stretch Preferred Stock (STRC), a corporate credit instrument that pays an 11.5% dividend to holders, and to defer or offset taxes, Le told CNBC. He added: Le added that the company would only sell BTC to pay for the yield owed to holders of its credit instruments if the sales are “accretive” to Strategy’s shareholders, meaning the company increases the BTC per share metric. Read more -
Cointelegraph.com - 19:00 May 09, 2026
The "biggest market" in crypto is conducting the vast majority of its trading volume outside of US-based exchanges, according to Attorney Bill Hughes. Passing the Digital Asset Market Clarity Act of 2025, also known as CLARITY, will help to reshore the crypto industry in the United States, according to Bill Hughes, the senior counsel and director of global regulatory matters at Consensys, a crypto infrastructure company. “The US dollar is the world's largest fiat on-ramp for cryptocurrency, accounting for over $2.4 trillion in volume between July 2024 and June 2025,” Hughes said. However, the vast majority of crypto trading volume takes place on exchanges based outside of the United States, Hughes said, adding that Binance alone accounted for over 38% of all centralized exchange trading volume in December 2025. Read more -
Cointelegraph.com - 17:42 May 09, 2026
Iran entered the final night of February 2026 under a near-total internet shutdown. In the wake of a joint strike by the United States and Israel, Tehran almost completely severed the country's connection to the global internet — likely leaving only users on a government whitelist with access to the outside world. Iran’s internet formally remained part of global routing, but user activity fell almost to zero. That points to a managed restriction on citizens’ access to the external network. Source: IODA. But in that digital darkness, one vital financial service continued to operate without interruption: Nobitex, a cryptocurrency exchange linked to Iran’s ruling elite. Read more -
Cointelegraph.com - 15:30 May 09, 2026
The “Copy Fail” Linux bug could impact crypto infrastructure that relies on Linux servers, highlighting growing cybersecurity risks in the digital asset industry. Format: Explained A recently uncovered security flaw in Linux is drawing concern from cybersecurity specialists, government agencies and the cryptocurrency sector. Codenamed “Copy Fail,” the vulnerability affects many popular Linux distributions released since 2017. Under specific circumstances, the flaw could let attackers escalate privileges and gain full root control of affected machines. The Cybersecurity and Infrastructure Security Agency (CISA) has added the issue to its Known Exploited Vulnerabilities catalog, highlighting the serious threat it poses to organizations worldwide. Read more -
Cointelegraph.com - 14:23 May 09, 2026
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 -
Cointelegraph.com - 11:12 May 09, 2026
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 -
Cointelegraph.com - 08:35 May 09, 2026
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 -
Cointelegraph.com - 07:16 May 09, 2026
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 -
Cointelegraph.com - 02:01 May 09, 2026
Coinbase chief policy officer Faryar Shirzad said the date is a “big step forward” and is essential for supporting innovation in the US. The US CLARITY Act, which aims to provide the US crypto industry with greater regulatory clarity, is set to be voted on by the Senate Banking Committee on Thursday. On Friday, Senate Banking Committee chair Tim Scott confirmed the legislation will go to a vote on Thursday, triggering a strong reaction across the crypto industry, which has been waiting months for a new markup date. The bill, introduced in July 2025, was expected to progress earlier this year, but stalled in January after Coinbase withdrew its support for the legislation, citing several concerns, including a lack of legal protections for open source software developers, a prohibition on stablecoin yield, and decentralized finance (DeFi) regulations. Read more -
Cointelegraph.com - 23:57 May 08, 2026
Rising Bitcoin ETF outflows and liquidations signal short-term caution, but a weak DXY and the eventual appointment of a new Fed chair could resume the rally. Key takeaways: Bitcoin (BTC) stagnated near $80,000 on Friday following a rejection at $82,500. Traders grew anxious after US-listed spot Bitcoin exchange-traded funds (ETFs) posted $268 million in net outflows on Thursday. Meanwhile, $270 million in leveraged bullish Bitcoin futures positions were liquidated within 24 hours, forcing investors to evaluate whether a sustained bear market is finally taking hold. Read more -
Cointelegraph.com - 22:43 May 08, 2026
Three companies reportedly pressed US senators for changes to a crypto bill, removing language that would require them to offer trading on tokens “not readily susceptible to manipulation.” Earlier in 2026, as a digital asset market structure bill was under consideration in the US Senate, cryptocurrency exchanges Coinbase, Kraken and Gemini reportedly pressed to remove language in the legislation that could have affected their token listings. According to a Friday Politico report, the three exchanges asked US lawmakers to scrap a provision in the market structure bill that would have required platforms to only offer trading on digital assets “not readily susceptible to manipulation.” The companies reportedly pressed senators to remove the language as it could have made it difficult for exchanges to list smaller tokens. The edit, which the news outlet reported occurred after the US Senate Agriculture Committee voted to advance its version of the bill in January, signaled the influence crypto companies in commun...
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