by Michael
Key TakeawaysOn May 7, peak 15,579 MW demand prompted Venezuela to reiterate bitcoin mining ban measures.The ban impacts local miners, mirroring a 2024 Russian Energy Ministry policy that saved 300 MW.Despite bans, reports explain that bitcoin mining offers untapped... 
by Michael
Key TakeawaysBitcoin ended the week flat at $80,200 as markets largely ignored U.S.-Iran military skirmishes.The S&P 500 jumped 17.2% since March, adding $10 trillion in value as geopolitical fears receded.Bitunix analysts see a tug-of-war ahead, with a potential... 
by Michael
HYPE token gains driven by strong earnings and rising protocol revenue. HIP-3 growth lifts Hyperliquid’s open interest to about $1.43 billion. Hyperliquid price eyes $45–$50 if the support near $43.5 holds. Hyperliquid (HYPE) is currently trading around $42.78, up... 
by Michael
Key TakeawaysAtkins highlighted broader SEC interest in formal onchain market structure rulemaking.Blockchain-based trading and clearing systems may receive tailored regulatory treatment under future proposals.Crypto vaults drew increased attention as regulators... 
by Michael
Key TakeawaysLed by Progmat, Japan will tokenize government bonds this year to tap the $4T daily global repo market.Tokenization will cut 1-day settlements to instant, boosting market liquidity for securities.Next, Japan hopes to expand its $2.3B digital security... 
by Michael
Key TakeawaysCoinbase’s exchange suffered a 2+ hour outage on May 8, due to an AWS infrastructure failure.Some Coinbase users could not trade or faced degraded performance during the AWS disruption.Coinbase confirmed it is investigating the issue; no resolution... 
by Michael
Key TakeawaysCoinbase linked the trading outage to failures across multiple AWS zones.The disruption interrupted core trading services despite built-in recovery systems.Coinbase plans a full review while awaiting AWS’s official retrospective. Coinbase Points to AWS... 
by Michael
Key TakeawaysIowa requires crypto ATM operators to hold money transmission licenses before running kiosks.Location reporting, fee disclosures, and consumer protection penalties expand state oversight authority.Enforcement actions may seek injunctions, compliance... 
by Michael
Key TakeawaysA whale wallet, initially linked by analysts to Erik Voorhees before his public denial, bought 2,920 ETH for $6.67M on May 8, per Lookonchain.The wallet previously accumulated 123,184 ETH worth ~$266M before the latest purchase at $2,284.The buy came as a... 
by Michael
Key TakeawaysA Metalpha-linked wallet deposited 8,771 ETH (~$19.99M) into Binance on May 8, 2026.Lookonchain flagged the move as part of a continued pattern of whale ETH selling on exchanges.ETH was trading around $2,284 as whale selling pressure continued to weigh on... 
by Michael
Zcash plans to launch quantum recoverable wallets within about a month. The system is designed to protect user funds during future cryptographic shifts. Full quantum-resistant security is targeted for rollout by 2027. Zcash is preparing a major upgrade aimed at... 
by Michael
Key TakeawaysTether blacklisted 371 addresses, freezing ~$515M in USDT on Ethereum and Tron over 30 days ending May 7.Of the 371 freeze actions, 329 occurred on the Tron network and 42 on Ethereum.The crackdown has once again showcased Tether’s growing compliance role... Translate »
