Crypto risk management and infrastructure provider Chaos Labs said its Chaos Oracle Network, which provides data feeds to blockchain applications, was not compromised after a hacking attempt over the weekend by a potential “nation-state.” Chaos Labs founder Omer Goldberg said in an X post Thursday that the company identified an attack over the weekend, possibly…
Jack Dorsey’s payments firm Block rose 7.9% in after-hours trading as its Q1 earnings surpassed analyst estimates, despite posting its first loss in three years. Block’s Q1 earnings came in at 85 cents per share, beating the Zacks consensus estimate of 68 cents per share. Investors responded positively, driving Block shares to $75.70 after hours,…
Coinbase shares slid Thursday after the US crypto exchange reported a steep first-quarter loss while revenue missed Wall Street expectations. Coinbase reported a net loss of $394.1 million in Q1, its second consecutive quarterly loss after reporting a $667 million loss in Q4 2025. It swung from a $65.6 million profit a year earlier. “Macro…
Key takeaways: Half of the $6 billion in Bitcoin options open interest is tied to long-shot strategies used for hedging and neutral price strategies. The 9% put (sell) options premium hints that professional traders are worried about a potential Bitcoin price drop. Bitcoin (BTC) bulls have high hopes for the year-end options expiry on Dec….
The CLARITY crypto market structure bill could see a markup in the US Senate Banking Committee as early as next week, according to Kara Calvert, the vice president of US policy at crypto exchange Coinbase. “My prediction is that we have a markup next week,” Calvert told the audience at the Consensus 2026 crypto industry conference…
Update (May 7 at 9:47 PM UTC): This article has been updated to include a statement from Binance. The US Department of the Treasury reportedly demanded that Binance follow a monitoring program put in place by a 2023 deal between authorities and the cryptocurrency exchange, following reports that the company facilitated $1 billion to entities…
In brief Solv Protocol is migrating more than $700 million in tokenized Bitcoin infrastructure from LayerZero to Chainlink CCIP. The move follows the $292 million KelpDAO exploit tied to LayerZero-powered bridge infrastructure. The migration adds to growing scrutiny around cross-chain bridge security in DeFi. Another crypto project is leaving blockchain interoperability protocol LayerZero after the…
Political action committees (PACs) affiliated with the cryptocurrency company-backed Fairshake reported spending millions of dollars to support candidates in five races, with less than six months until US voters decide on their representatives in Congress. According to filings with the Federal Election Commission this week, the Protect Progress PAC reported about a combined $1.6 million…
In brief Donald Trump Jr. said the Trump family has not abandoned World Liberty Financial, dispelling online rumors. Co-founder Zach Witkoff said the firm is close to conditional approval for a national bank charter. The company also defended its lawsuit against Tron founder Justin Sun amid their escalating feud. Donald Trump Jr. addressed rumors Thursday…
Amazon Web Services has integrated Coinbase’s x402 payments protocol and wallet infrastructure into Amazon Bedrock AgentCore, allowing agents to make USDC micropayments and access services autonomously through AWS-managed payment controls. According to Coinbase, the integration enables developers to deploy AI agents that can discover services, make micropayments and settle transactions in USDC (USDC) on Base…