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Yesterday — 9 May 2026Main stream

S&P 500 at record 7,400 underlines a full‑risk‑on backdrop for crypto

9 May 2026 at 01:30
The S&P 500’s push to a record near 7,400 confirms a late‑cycle, full‑risk‑on regime where Bitcoin and major crypto assets are again trading as high‑beta extensions of U.S. equities rather than as independent hedges. Gate’s futures data and European tape…

Meta’s USDC pilot draws fire as Senator Warren demands stablecoin transparency

9 May 2026 at 00:30
Warren’s letter asks Mark Zuckerberg to explain by May 20 which stablecoins and wallets Meta is using, how it selects issuers like Circle, what data it collects from linked wallets and how it will separate social and financial businesses. Senator…

TeraWulf’s HPC revenue tops Bitcoin mining for first time as AI pivot accelerates

8 May 2026 at 22:30
TeraWulf’s Q1 2026 results show $21 million in AI/HPC hosting revenue versus under $13 million from Bitcoin mining, marking the first quarter where high‑performance compute has overtaken BTC as the company’s primary revenue driver. TeraWulf’s latest earnings show its business…

Before yesterdayMain stream

Revolut turns Bitcoin into a UX horror show with a two‑cent “flash crash” that never happened

8 May 2026 at 22:03
Revolut briefly showed Bitcoin trading near zero for some users while every major exchange and index still had BTC around $79,000. For a short window on Friday, some Revolut users opened the app and saw Bitcoin (BTC) trading for cents.…

Nagel warns Iran war is fueling inflation risks as ECB stays on alert

8 May 2026 at 21:57
Acting Labor Secretary Sandlin’s push for earlier Fed cuts clashes with a cautious central bank, leaving crypto trading a “higher for longer” regime even as the political drumbeat for easing grows louder. Nagel, who heads Germany’s Bundesbank and sits on…

Coinbase push Senate to loosen “manipulation” test for small-cap token listings

8 May 2026 at 21:31
Coinbase, Kraken and Gemini are lobbying Senate Agriculture leaders to strip a “not readily susceptible to manipulation” standard from a flagship digital asset bill, warning it would effectively bar small, low‑liquidity tokens from regulated U.S. exchanges and hand the CFTC…

SoftBank cuts OpenAI-backed loan target to $6B as lenders balk at valuation

8 May 2026 at 19:34
SoftBank has cut a planned OpenAI‑backed margin loan from around $10 billion to roughly $6 billion after banks and private credit funds pushed back on the deal’s structure and the difficulty of valuing OpenAI, an unlisted AI unicorn. SoftBank Group…

Tether froze over $500M USDT in 30 days as blacklist total hit $1.26B in 2025

8 May 2026 at 19:24
Tether froze over $514 million USDT across 370 addresses in the past 30 days as its 2025 blacklist swelled to $1.26 billion, underscoring how centralized stablecoins now function as embedded enforcement rails for global regulators and law enforcement. Tether has…

Bitcoin options volatility snaps back as hedging flows cluster around $82k

8 May 2026 at 19:13
After Bitcoin pushed into the $82,000–$83,000 band, short‑dated implied volatility has bounced from late‑2025 lows, with a roughly $2 billion short‑gamma pocket around $82,000 turning dealer hedging into a potential amplifier of every move. On-chain analytics firm Glassnode notes that…

Pi Network price prediction: PI hovers near $0.19 as unlocks and weak demand cap upside

8 May 2026 at 19:01
Pi Network (PI) trades around $0.19 with most quant models pinning it in a cramped $0.12–$0.20 band through 2026 as token unlocks, patchy listings and soft demand keep any meaningful upside firmly capped. Where PI trades today Pi Network (PI)…

MegaETH launches MEGA buyback funded by USDm stablecoin revenue

8 May 2026 at 18:54
MegaETH has activated a MEGA token buyback program funded entirely by net revenue from its USDm stablecoin, turning Treasury‑backed yield into a standing bid for its “real‑time Ethereum” L2 token after a sharp post‑launch selloff. The MegaETH Foundation says its…

HabitTrade denies doing regulated business in Hong Kong after SFC warning

8 May 2026 at 18:47
Hong Kong’s SFC flags HabitTrade in a warning on unlicensed virtual asset platforms, but the broker insists it hasn’t done regulated business or marketed services to Hong Kong investors and blames unauthorized third‑party promoters. HabitTrade has pushed back against an…

Sanders calls for Fed rate cuts as crypto watches policy rift widen

8 May 2026 at 18:41
Acting Labor Secretary Sandlin’s push for earlier Fed cuts clashes with a cautious central bank, leaving crypto trading a “higher for longer” regime even as the political drumbeat for easing grows louder. Political pressure builds for easier Fed policy Acting…

Mobile wallet zero‑days put SDKs under fire – and highlight the case for isolation

8 May 2026 at 18:00
Mobile zero‑days and SDK flaws are shredding wallet trust, pushing serious users toward isolated, multi‑device signing to shrink the blast radius. The latest wave of mobile vulnerabilities is again exposing how much trust retail users unknowingly place in third‑party software…

Australian police seize $4.1 million in Bitcoin in major dark web crackdown

8 May 2026 at 17:10
Crypto‑forensics-led NSW raid seizes 52.3 BTC as AUSTRAC’s 2026 rules tighten the noose on darknet‑linked exchanges and weakly regulated VASPs. New South Wales Police say they have seized 52.3 bitcoin linked to alleged darknet marketplace activity, describing the haul as…

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