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  • TeraWulf doubles AI revenue but posts $427M quarterly loss as mining income declines
  • Court lets Arbitrum DAO to transfer $71M in ETH tied to North Korea hack to Aave
  • Spot Bitcoin ETFs log 6th straight week of net inflows for first time in 9 months
  • Strike CEO Jack Mallers dismisses idea that Wall Street threatens Bitcoin
  • Kelp DAO exploit prompts DeFi protocols to rethink oracle providers
  • Europe sees ‘hyperconcentration’ of crypto wrench attacks as losses hit $101M
  • Australian police seize $4.1M in Bitcoin tied to darknet market
  • How AI became crypto’s favorite reason to cut staff
  • Stablecoins won’t strengthen global role of euro, ECB’s Lagarde says
  • Kraken parent Payward to buy Reap in $600M stablecoin payments push
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TeraWulf doubles AI revenue but posts $427M quarterly…

UncategorizedMay 9, 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.

Court lets Arbitrum DAO to transfer $71M in…

UncategorizedMay 9, 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.

Spot Bitcoin ETFs log 6th straight week of…

UncategorizedMay 9, 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.

Strike CEO Jack Mallers dismisses idea that Wall…

UncategorizedMay 9, 2026

Strike CEO Jack Mallers argued that if Wall Street “kills” Bitcoin, then the asset was never going to succeed in the first place.

Kelp DAO exploit prompts DeFi protocols to rethink…

UncategorizedMay 8, 2026

Solv Protocol and other DeFi projects are migrating to Chainlink infrastructure after the $293 million exploit exposed risks in third-party bridge and oracle setups.

Europe sees ‘hyperconcentration’ of crypto wrench attacks as…

UncategorizedMay 8, 2026

Criminal teams behind wrench attacks usually consist of three to five people, often posing as delivery drivers or luring victims into ambushes, said CertiK.

Australian police seize $4.1M in Bitcoin tied to…

UncategorizedMay 8, 2026

NSW Police said the Bitcoin was allegedly linked to illegal darknet marketplace activity involving drugs and weapons.

How AI became crypto’s favorite reason to cut…

UncategorizedMay 8, 2026

Coinbase, Block and Crypto.com have all cited AI to justify recent cuts, though Scale AI’s Jason Droege suspects companies are using the technology as cover.

Stablecoins won’t strengthen global role of euro, ECB’s…

UncategorizedMay 8, 2026

ECB President Christine Lagarde said Europe should build tokenized settlement infrastructure anchored by central bank money rather than rely on private stablecoins.

Kraken parent Payward to buy Reap in $600M…

UncategorizedMay 7, 2026

Kraken parent Payward agreed to buy Hong Kong-based Reap for up to $600 million, adding card issuance and stablecoin payment capabilities to its new B2B platform.

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  • TeraWulf doubles AI revenue but posts $427M quarterly loss as mining income declines
  • Court lets Arbitrum DAO to transfer $71M in ETH tied to North Korea hack to Aave
  • Spot Bitcoin ETFs log 6th straight week of net inflows for first time in 9 months
  • Strike CEO Jack Mallers dismisses idea that Wall Street threatens Bitcoin
  • Kelp DAO exploit prompts DeFi protocols to rethink oracle providers

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