Bitcoin Mining Pool Giants Foundry, Antpool and F2pool Signal Stratum V2 Shift

Key Takeaways Antpool, F2pool, Foundry, and 4 others joined the Stratum V2 Working Group on May 7, 2026. Stratum V2 offers miners up to 7.4% higher profitability through lower latency and better fee capture. Braiins and Spiral founded the Working Group in 2022, now entering a new deployment phase in 2026. 7 Bitcoin Mining Pools …

Coinbase Says Outage ‘Unacceptable’ as CEO Weighs Speed-Resilience Tradeoffs

Key Takeaways Coinbase CEO Brian Armstrong called the AWS-linked exchange outage unacceptable for customers. Trading, account access, and customer account information were disrupted across several Coinbase exchange services. Coinbase plans to revisit resilience tradeoffs to reduce future outage duration and customer impact. Armstrong Says Resilience Tradeoffs Will Be Reviewed Crypto exchange Coinbase (Nasdaq: COIN) has …

Ethereum’s DeFi TVL Dominance Drops to 53%, Approaching Multi-Year Low

Key Takeaways Ethereum’s DeFi TVL share fell from 63.5% to 53% between January 2025 and May 2026. Defillama data shows Ethereum holds around $45B TVL, with Solana and BNB Chain gaining ground. Layer-2 chains like Base (5.31% TVL share) are reshaping Ethereum’s multichain footprint. Rival Chains Close the Gap In absolute terms, Ethereum still commands …

Lagarde Blocks Euro Stablecoin Push, Calls $300B Market a Stability Risk for ECB Policy

Key Takeaways ECB President Lagarde called euro-denominated stablecoins a financial stability risk on May 8, 2026. Lagarde mentioned that USDC depegged to $0.877 during SVB’s 2023 collapse, exposing $3.3 billion in Circle reserves. The ECB’s Pontes project launches in September 2026 to anchor DLT settlement in central bank money. Lagarde Warns European Banks That Euro …

The CLARITY Act will help reshore the crypto industry in the US — Attorney

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 …

The Nobitex dilemma: How Iran’s biggest crypto exchange stays off the OFAC blacklist

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. We compiled …

Kraken Parent Payward Targets OCC Charter to Unlock Institutional Digital Asset Custody

Key Takeaways Payward, the parent company of Kraken, filed an OCC application to establish a national trust company for institutional digital asset custody. The proposed Payward National Trust Company would complement Kraken Financial, which holds a Federal Reserve master account as a Wyoming SPDI. Co-CEO Arjun Sethi says the multi-charter strategy positions Payward to serve …

Layerzero Discloses RPC Poisoning Incident Linked to $292M KelpDAO Hack

Key Takeaways Lazarus Group attacked Layerzero Labs internal RPCs and poisoned data sources in order to attack the KelpDAO DeFi project. The security breach impacted 0.14% of applications and roughly 0.36% of asset value associated with Layerzero. Layerzero Labs is migrating all defaults to a 5/5 DVN setup to improve cross-chain security. Layerzero Labs Apologizes …

Judge Clears $71M ETH Transfer to Aave as rsETH Recovery Enters Final Phase

Judge Garnett cleared 30,765 ETH ($71M) for transfer to Aave’s wallet on May 9, 2026. The April 18 KelpDAO exploit saw attackers borrow $230M in ETH using unbacked rsETH collateral. Aave’s ETH LTV ratios are returning to normal as rsETH bridge recapitalization begins. Recovery Efforts Garner Further Momentum Judge Margaret Garnett issued an order on …

Blackrock to Launch Tokenized Money-Market Funds on Ethereum

Key Takeaways Blackrock filed to tokenize its $6.1B BSTBL fund on Ethereum, targeting stablecoin investors. The move builds on Blackrock’s BUIDL fund, now at over $2.50B AUM across 8 blockchains. SEC approval is pending; Ethereum holds over $8.0B in tokenized treasuries as of May 2026. Blackrock Eyes $6.1B Fund Tokenization The world’s largest asset manager …

MiCA Decoded: ‘We Have an EU Office’ Is Not Enough: Here’s What Regulators Actually Want to See

MiCA Decoded is a 12-article weekly series for Bitcoin.com News, co-authored by LegalBison’s Co-Founding and Managing Directors: Aaron Glauberman, Viktor Juskin and Sabir Alijev. LegalBison advises crypto and FinTech companies on MiCA licensing, CASP and VASP applications, and regulatory structuring across Europe and beyond. This week’s entry has been written by Krystian Lapka, Lawyer at …

Sydney Huang Warns AI Bot Collusion Could Spread Before Regulators Respond

Key Takeaways The IMF predicts that a shift to agentic AI will trigger a radical increase in the velocity of money. Sydney Huang warns that the projected $236 billion agentic market by 2034 requires machine-speed regulatory oversight. Future stability for Human API and global banks depends on embedding framework mandates into code. The End of …

Wells Fargo Refuses To Reimburse Customer After Scammers Drain $3,300 From Her Account: Report

A Wells Fargo customer in Texas says the bank has refused to reimburse her after scammers drained $3,300 from her account through the payments platform Zelle. Ashlie Rinehart says she received a call on April 1st from a number that appeared on caller ID as Wells Fargo, reports Fox 26 Houston. She says the caller …

Why a 2017 Linux bug is now a major concern for the crypto industry

1. Copy Fail: The Linux vulnerability affecting crypto infrastructure security 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 …

TeraWulf doubles AI revenue but posts $427M quarterly loss as mining income declines

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 …

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