Crypto

Bakkt posted a net loss of $0.41 per share in Q1 as revenue fell 77% to $243.6 million on lower crypto trading volumes. Bakkt swung to a first-quarter loss as crypto services revenue fell 77%, underscoring the digital asset platform’s push to reposition itself around stablecoin payments and AI-enabled financial infrastructure. On Monday, the company reported a net loss attributable to Bakkt of $11.7 million, or 41 cents per basic and diluted share, for the quarter ended March 31. That compares with net income attributable to Bakkt of $7.7 million, or $1.13 per diluted share, a year earlier. Crypto services revenue fell to $243.6 million from $1.07 billion in the prior year's period, Bakkt said. The company attributed the decline primarily to lower crypto trading volumes. However, nearly all of that revenue figure is offset by crypto costs and brokerage fees, which totaled $242 million in the quarter. Read more

Gelephu Mindfulness City in Bhutan is offering a faster licensing track with banking and zero‑tax incentives to attract regulated crypto firms willing to build long‑term operations. Gelephu Mindfulness City (GMC) in Bhutan is offering an accelerated licensing pathway for crypto and fintech companies already regulated in hubs such as Singapore, Hong Kong and Abu Dhabi, as the Himalayan territory pushes to position itself as a new South Asian financial center. The framework allows qualified companies to incorporate, obtain authorization from local regulators and open a corporate bank account through a coordinated process tied to DK Bank, GMC’s official banking partner, according to a Tuesday release shared with Cointelegraph. The move reflects growing competition among emerging jurisdictions seeking to attract crypto firms with streamlined regulation, banking access and tax incentives, as global regulators tighten oversight and warn against regulatory arbitrage. Read more

Tony Parker's Infinity Nine Halts Bitcoin Buy Program The post NBA Star’s Bitcoin Venture Just Paused Its Accumulation Plan: Is Corporate Treasury Model Breaking Down? appeared first on Cryptonews.

Bitcoin and ether fell as escalating Middle East tensions lifted oil and the dollar, though BTC continued to hold above a key bull market level.

Self-custody wallet by Chainwith opens two-week user activation across Ethereum, BNB Chain, Solana, and Aptos, with prizes starting at $100. Self-custody wallet by Chainwith opens two-week user activation across Ethereum, BNB Chain, Solana, and Aptos, with prizes starting at $100 May 12, 2026 — Chainwith, the developer behind Rewardy Wallet, today opened a two-week global swap campaign that rewards users with raffle entries on qualifying cross-chain trades. The campaign runs from May 12 through May 26, 2026, and is open to all Rewardy Wallet users worldwide. Under the campaign mechanics, every $50 in swap volume converts into one raffle entry, with no cap on entries per user. A $200 swap returns four entries; $500 returns ten. Prizes start at $100 per winner and will be drawn at the close of the campaign. Read more

Widely followed crypto market gauge signals weakening risk appetite as investors continue favoring bitcoin over ether.

Federal prosecutors charged the trio with a multi-million dollar crypto theft scheme targeting victims across California.

The Roundhill Sports Betting & iGaming ETF (BETZ) and bitcoin share a strong positive correlation, with an interesting twist.

CleanSpark posted a $378.3 million net loss in its fiscal second-quarter results, more than double the prior year, with nearly 60% tied to Bitcoin price declines. Bitcoin miner CleanSpark (CLSK) recorded a net loss of $378.3 million in its fiscal second quarter, more than doubling the $138.8 million loss reported in the same period a year ago, largely due to a sharp drop in Bitcoin’s price. On Monday, the Las Vegas-based miner disclosed the results for the quarter ended March 31, 2026. It reported a $224.1 million loss tied to the fair value of its Bitcoin holdings, accounting for nearly 60% of the total quarterly loss. The company held $925.2 million worth of BTC at quarter’s end. It reported a fiscal second-quarter net loss of $1.52 per basic share, widening from a loss of $0.49 a year earlier. Revenue for the quarter ended March 31 was $136.4 million, down from $181.7 million a year earlier. Read more

On May 12, the Senate Banking Committee released updated text of the CLARITY Act ahead of a scheduled May 14 markup. The bill would establish new rules for digital asset intermediaries, define how certain network tokens are treated, expand the role of federal market regulators, and create a path for banks to offer crypto-related services. […] The post CLARITY Act’s final draft has been released ahead of May 14 markup – What’s in it? appeared first on CryptoSlate.

BTC has gained less than 1% over the past seven days heading into the summit, while the 30-day picture shows a 13% surge.

The Galaxy Sharplink Onchain Yield Fund would receive $100 million from Sharplink’s staked ETH treasury and $25 million from Galaxy.

CLARITY Act: Senate Proposes Strict Stablecoin Reserves The post The Senate Just Dropped a 309-Page Crypto Bill at Midnight: Will the CLARITY Act Finally Give Institutions the Green Light? appeared first on Cryptonews.

A fund manager, treasury desk, custodian, or regulated fintech function with vault accounts, policy-based approvals, granular access controls, audit trails, API access, and operational continuity when employees rotate. That structure is reshaping how capital is allocated within DeFi, and it explains why Cardano's latest infrastructure push via Iagon's Cardano Vault, built with Fireblocks, is a […] The post Cardano to focus on tokenized institutional vaults as DeFi’s retail focus fades appeared first on CryptoSlate.

PI has slipped by 6% weekly, which has pushed it further south in terms of market cap placement.

Standard Chartered estimates that XRP ETFs could attract $4-$8 billion in inflows by year-end if the asset receives permanent commodity status.

Binance says it prevented $10.53 billion in user losses and blacklisted 36,000 malicious addresses, with AI now powering over half of its fraud controls. Crypto exchange Binance says its AI-powered security tools helped prevent more than $10 billion in user losses from scams and fraud between early 2025 and March 2026. Binance said in a blog post on Monday that it had protected more than 5.4 million users from fraud between the first quarter of 2025 and the first quarter of 2026 after rolling out over 24 AI-driven initiatives and more than 100 models. “AI-powered scams and exploits are accelerating,” Binance said. “The barrier to entry for scam perpetrators is falling fast, with AI accelerating the drop. What once required technical expertise can now be executed for next to nothing and at scale.” Read more

US prosecutors say three men posed as delivery drivers and forced entry into homes to steal at least $6.5 million in crypto. US authorities have unsealed an indictment against three men accused of stealing at least $6.5 million in a “violent robbery spree targeting cryptocurrency owners.” The Justice Department said in a statement Monday that a federal grand jury indicted three men for allegedly planning to kidnap and rob four people around San Francisco and Los Angeles for their crypto. The trio, Elijah Armstrong, Nino Chindavanh and Jayden Rucker, are alleged to have posed as delivery drivers to force their way into residences and use threats of violence to extract crypto seed phrases. Read more

The Ethereum Foundation has finalized a new gas limit floor and improvement proposal for its “Glamsterdam” upgrade, which is likely to go live sometime in the third quarter of 2026. The Ethereum Foundation has reached several progress milestones on the next Ethereum upgrade called “Glamsterdam” and has named three new leads for its Protocol team. The Ethereum Foundation said in a blog post on Monday that it had achieved a “credible post-Glamsterdam target,” establishing a 200 million gas limit floor, giving the network a major post-upgrade speed boost from its current gas limit of around 60 million. “The immediate focus is shipping Glamsterdam,” the Ethereum Foundation said, which had originally scheduled the upgrade for June, but is now likely to be sometime in the third quarter of 2026. Read more

The company said its platform now supports tokenized equities, funds and money market instruments across trading, settlement and post-trade operations. Broadridge Financial Solutions said it expanded its infrastructure to support tokenized securities alongside traditional assets, as Wall Street firms pour into building systems for blockchain-based trading and settlement. The financial technology company focused on institutional securities markets said on Tuesday that its platform now supports tokenized equities, funds, alternative assets and money market instruments across trading, order routing and post-trade operations. The New York Stock Exchange-listed company added that the system connects to public and permissioned blockchain networks including Ethereum-compatible chains and Canton. On Monday, the company said it had begun operating an Agentic AI platform for capital markets and wealth management workflows. Read more