Category: crypto

Cardano’s Lace Web3 wallet has been updated in preparation for the Van Rossem hard fork. Lace 2.0.3 and 2.0.4 address migration, DApp connection, and wallet issues while adding new features. The hard fork targets Protocol Version 11 for late June, aiming to improve performance and security. The update streamlines asset management across ecosystems.

Global markets are facing a significant week with inflation reports, geopolitical news, and economic data. Iran responded to a US proposal, denying claims of surrender. Traders are monitoring CPI, PPI, retail sales, and industrial production data. Bitcoin traders are watching for macro volatility. The market is uncertain due to Iran’s comments.

Strategy CEO Phong Le emphasized that the company’s success is not solely reliant on Bitcoin held on its balance sheet. Q1 revenue increased by 11.9% to $124.3 million, with cloud revenue growing by 59%. Strategy’s software business is integral to its long-term model, providing essential infrastructure and operations.

Trump Media & Technology Group reported a $405.9 million net loss in the first quarter of 2026, mainly due to non-cash charges related to unrealized losses on digital assets like Bitcoin and Cronos. Despite the loss, the company reported positive operating cash flow and revenue increase. The company is still building its platform and financial…

Binance co-founder Changpeng “CZ” Zhao claimed that rival crypto exchanges in the US opposed his pardon request before President Donald Trump granted clemency in October 2025. Zhao admitted he had no concrete evidence to support this claim, which has sparked debate about his pardon and Binance’s future in the US market.

Seven major Bitcoin mining pools have joined the Stratum V2 working group to improve communication between pools and miners. Foundry and AntPool control a large share of global Bitcoin mining hashrate. Up to 20% of Bitcoin miners may be unprofitable. The new members will work on wider adoption of Stratum V2 to improve mining efficiency.

Bill Hughes believes that clear rules for cryptocurrencies could lead to more trading activity on US-based platforms. The CLARITY Act aims to define when digital assets are considered securities or commodities. The Senate faces a tight timeline to review the bill before the August recess. Banking groups are pushing back against the bill over stablecoin…

Avalanche founder Emin Gün Sirer warns that Bitcoin may face security issues in the future as miner rewards decrease with each halving. Up to 20% of Bitcoin miners may become unprofitable, leading to debates on whether transaction fees can replace shrinking block rewards. Sirer suggests using a pre-consensus layer to address the issue.

Michael Saylor clarified that Strategy may sell Bitcoin but will continue to be a net buyer over time. Despite facing pressure from dividend costs and criticism from Peter Schiff, Strategy’s main treasury asset remains Bitcoin. Saylor emphasized that any Bitcoin sales would support a larger accumulation strategy, not a retreat from their plan.

SEC Commissioner Hester Peirce highlighted the growth of commercial prediction markets during a speech on May 8. She noted that these markets have seen significant growth and show no signs of slowing down. The SEC has also shown a softer approach towards crypto under the leadership of Chair Paul Atkins, with a focus on clearer…