In brief Bitcoin’s rally stalled on Thursday as the top crypto asset fell below $80,000. Analysts at CryptoQuant note that the asset’s recent rise has led to increased profit taking for traders. While it may take time to realize, the report indicates that a correction could come as the bear market continues. Bitcoin rallied to…
Prediction marketplace Kalshi has reached a $22 billion valuation after closing a $1 billion Series F funding round, underscoring growing venture capital appetite for prediction markets amid surging retail adoption. The new valuation doubles Kalshi’s worth from just five months ago. The funding round was led by Coatue Management, with participation from Andreessen Horowitz, Sequoia…
In brief Publicly traded Bitcoin miner American Bitcoin reported net losses of nearly $82 million in Q1 2026, up from $59.4 million in Q4 2025. The firm added more than 1,600 BTC to its stash, which now stands above 7,300 BTC, or $583 million worth. Shares in the firm (ABTC) are down 9% on the…
Bitwise Asset Management plans to take over management of Superstate’s tokenized crypto carry fund, marking the crypto asset manager’s entry into tokenized investment products. The fund, currently called the Superstate Crypto Carry Fund (USCC), seeks to generate yield through crypto cash-and-carry trades, which involve capturing the premium between spot crypto prices and futures contracts. The…
Palm Beach, Florida, May 7, 2026 – Hosted by Luna PR, the fourth edition of the Crypto Polo Cup (CPC) will take place on May 9, 2026, at the Santa Clara Polo Club, alongside Consensus Miami. The invite-only event will bring together institutional leaders, founders, and investors across the digital asset and financial sectors. Since…
In brief Amazon Web Services launched AgentCore Payments with Coinbase and Stripe for AI agent transactions. The system uses Coinbase’s x402 protocol and USDC stablecoin payments on Base and Solana. Amazon says future AI agents could autonomously buy services, data, flights, and hotel bookings. Amazon Web Services is bringing crypto payments into enterprise AI software…
A joint proposal to release the roughly $71 million in Ether frozen after the Kelp DAO exploit is set to pass later on Thursday, moving a cross-protocol recovery effort closer to restoring part of rsETH’s backing. Over 90.5% of the tokens were cast in favor of the motion, representing 173.9 million Arbitrum (ARB) tokens, while…
Germany is preparing to change how it taxes Bitcoin and other cryptocurrencies from 2027, potentially ending one of Europe’s most generous long-term holding exemptions as it seeks to raise additional revenue and tighten tax compliance. Finance Minister Lars Klingbeil said at an April 29 press conference on the 2027 federal budget that the government wants…
Zug, Switzerland, May 7, 2026 – After years of research, engineering, and community collaboration, Panther Protocol Foundation announced that Panther Protocol is now live on Polygon. The deployment introduces what the team describes as “programmable privacy” for decentralized finance — infrastructure designed to enable confidential on-chain interactions while supporting verifiable compliance when required. The Panther…
In brief Tether’s 1.7 billion-parameter QVAC MedPsy outperformed Google’s MedGemma-4B and beat MedGemma-27B on HealthBench Hard, an OpenAI benchmark testing realistic clinical conversations graded by 262 physicians. The 4 billion-parameter model generates responses in ~909 tokens versus ~2,953 for comparable systems—a 3.2x reduction that makes local hospital and mobile deployment practical. Models ship in quantized…