Author: John Smith

MARA Holdings shares fell after the Bitcoin miner reported weaker first-quarter results and a wider loss.  Summary MARA posted $174.6 million in Q1 revenue, missing estimates as Bitcoin mining margins stayed pressured. The $1.3 billion loss came mainly from Bitcoin mark-to-market pressure in Q1 ending March 2026. MARA keeps Bitcoin mining as its base while AI data centers shape the next pivot. Revenue for the quarter ended March 31 dropped 18% year over year to $174.6 million, down from $213.9 million in Q1 2025. Wall Street had expected about $192.7 million.  The stock had closed Monday up 3.48% at $13.39,…

Ronin Ethereum is migrating to a Layer 2 on May 12 with roughly 10 hours of scheduled downtime. Summary Ronin will hard fork at block 55,577,490 on May 12, transitioning from an independent sidechain to an Ethereum Layer 2 on the OP Stack. All transfers, swaps, and smart contract interactions will pause for roughly 10 hours during the migration window. RON token inflation will drop from over 20% to below 1%, with 90 million RON redirected to the treasury as marketplace fees rise to 1.25%. Ronin, the gaming-focused blockchain behind Axie Infinity, is executing a hard fork on May 12…

Tom Lee has slowed Bitmine ETH purchases after the firm amassed over 5.2 million tokens and 4.3% of Ethereum’s supply. Summary Bitmine bought 26,659 ETH last week, worth roughly $63 million, down from over 100,000 ETH in each of the prior three weekly periods. Tom Lee said the previous pace would have taken Bitmine to its 5% Ethereum supply target by mid-July, prompting the slowdown. Bitmine holds over 4.7 million ETH staked, generating an estimated $319 million in annualised staking rewards at current yields. Bitmine Immersion Technologies (BMNR) bought 26,659 ETH last week worth roughly $63 million, sharply down from…

Crypto compliance demand is surging as AI fraud evolves faster than firms can respond, Sumsub CEO Andrew Sever says. Summary Sumsub CEO Andrew Sever told Consensus Miami that sophisticated AI fraud attacks on crypto firms increased 180% year over year. Only 23% of crypto companies are ready to comply with new identity and fraud rules, according to Sumsub’s State of the Crypto Industry 2026 report. Chainalysis has separately launched blockchain intelligence agents to help compliance teams manage growing alert volumes at machine speed. Crypto compliance firms are reporting a sharp rise in demand as AI fraud attacks become faster, more…

Corpay has launched stablecoin wallets for its 800,000 business clients through a new partnership with BVNK. Summary Corpay’s integration with BVNK lets clients hold, send, receive, and convert stablecoins alongside fiat balances inside its platform. The S&P 500 firm processes over $12 billion in corporate payments and $26 billion in FX volume monthly across 145 currencies. Corpay will also integrate stablecoin rails into its own treasury operations to reduce reliance on pre-funded accounts. Corpay (NYSE: CPAY) has announced a partnership with stablecoin infrastructure platform BVNK to provide embedded stablecoin wallets and settlement capabilities to its global client base. Clients can…

USDG, still issued by Paxos Singapore and regulated by MAS, will remain in market as one of many institutionally backed dollars as regulators, banks and VCs push toward a fragmented, multi‑issuer “economic OS.” Summary Anchorage Digital, the first federally chartered U.S. crypto bank, is stepping back from leading the Global Dollar (USDG) alliance, saying it wants more neutrality as a stablecoin issuer and custodian. CEO Nathan McCauley says about 20 partners are exploring launching stablecoins via Anchorage, so backing USDG too aggressively would misalign incentives as the bank builds a white‑label issuance stack. Anchorage Digital, the first federally chartered crypto…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. MoneySkills unveils AI trading platform with automated execution and no-code crypto strategy tools. Summary MoneySkills simplifies quantitative crypto trading with one-click automated strategy deployment. Built for beginners, MoneySkills removes coding and manual setup barriers through AI automation. With round-the-clock execution and AI optimization, MoneySkills aims to make automated trading more accessible in 2026. One-click deployment, round-the-clock automated execution, and zero software costs redefine how ordinary investors access complex cryptocurrency strategies. MoneySkills, a platform built specifically for AI-driven quantitative trading…

a16z’s Arc thesis recasts stablecoins as a $9T “economic OS” for global finance, powering accounts, payments, FX and credit instead of just serving as crypto payment rails. Summary Andreessen Horowitz has laid out its investment thesis for Arc, arguing that stablecoins are evolving from simple payment rails into an on-chain “economic operating system” for global finance. The firm cites adjusted stablecoin transaction volume of around $9 trillion over the past year and a total USD stablecoin supply above $270 billion, framing the sector as systemic infrastructure rather than a niche crypto product. a16z positions Arc as a platform layer in…

Strategy acquired 535 Bitcoin for about $43 million, paying an average price of roughly $80,340 per BTC, Michael Saylor said on Monday.  Summary Strategy added 535 BTC, raising its total Bitcoin holdings to 818,869 coins as of May 10. The purchase followed debate after Saylor said limited Bitcoin sales could help fund dividends. Strategy’s Bitcoin plan remains under scrutiny as preferred-share obligations raise fresh funding questions. The purchase lifted the company’s total holdings to 818,869 BTC as of May 10, 2026. Saylor said Strategy has now spent about $61.86 billion on its Bitcoin position at an average purchase price of…

Bitget is launching preOPAI on IPO Prime, giving eligible users access to a token tied to OpenAI’s possible future listing.  Summary Bitget’s preOPAI token gives users OpenAI-linked exposure but does not represent direct company equity. The IPO Prime sale opens May 12, with preOPAI priced at $725 per token. OpenAI-linked token products have drawn caution before, as holders may not own real shares. The product arrives as AI companies continue to draw strong market attention, with Bitget’s press release framing the launch around a fast-growing $4 trillion AI economy. The exchange said preOPAI was issued by Republic on Solana. Bitget…