Crypto compliance demand is surging as AI fraud evolves faster than firms can respond, Sumsub CEO Andrew Sever says. Crypto compliance firms are reporting a sharp rise in demand as AI fraud attacks become faster, more sophisticated, and harder toβ¦
Morgan Stanley launched a crypto price war on E*Trade at 50 basis points, undercutting Coinbase and Schwab. Morgan Stanley has launched a crypto trading pilot on its ETrade platform at 50 basis points per trade, immediately undercutting every major retailβ¦
American Bitcoin mined coins at $36,200 each in Q1 2026, cutting costs 23% and posting a 50% gross margin. American Bitcoin (ABTC), the Bitcoin mining company backed by the Trump family, cut its cost per coin 23% to roughly $36,200β¦
IREN has signed a $3.4 billion IREN Nvidia deal to deploy up to 5 gigawatts of AI infrastructure over five years. Bitcoin miner turned AI infrastructure provider IREN has announced a five-year, $3.4 billion AI cloud contract with Nvidia, alongsideβ¦
Corpay has launched stablecoin wallets for its 800,000 business clients through a new partnership with BVNK. Corpay (NYSE: CPAY) has announced a partnership with stablecoin infrastructure platform BVNK to provide embedded stablecoin wallets and settlement capabilities to its global clientβ¦
Krakenβs parent Payward has filed a Payward charter application with the OCC to establish a federally regulated national trust company. Krakenβs parent Payward has filed a Payward charter application with the US Office of the Comptroller of the Currency, proposingβ¦
Base Azul is set to go live on mainnet May 13, bringing a multiproof security system to the Coinbase Layer 2. Base Azul, described by the network as its first fully independent upgrade, is set to activate on mainnet onβ¦
Google and PayPal told Consensus Miami AI agents will run on crypto rails as bank accounts remain inaccessible. Senior figures from Google Cloud and PayPal told Consensus Miami on May 10 that the next wave of internet commerce will runβ¦
Bored Ape floor prices have doubled in a month as Yuga Labs CEO Michael Figge says blue-chip NFTs were oversold. Bored Ape Yacht Club floor prices have doubled over the past month, climbing from around 5 ETH to over 10β¦
US spot Bitcoin ETF products drew $622.75 million last week, their sixth straight week of net inflows. US spot Bitcoin ETF products drew $622.75 million in net inflows during the week of May 4 to 8, extending the streak toβ¦
Seven pools covering 75% of Bitcoin hashrate have joined Stratum V2, shifting block control to individual miners. Seven of the worldβs largest Bitcoin mining pools have joined the Stratum V2 working group, giving the open protocol a combined hashrate shareβ¦
A Bitcoin whale dormant since 2013 moved $40 million in BTC on May 10, with analysts ruling out an exchange dump. A long-dormant Bitcoin whale wallet moved about $40 million in BTC on Sunday after more than 12 years ofβ¦
Circle has launched the Arc blockchain after raising $222 million in a token presale backed by BlackRock and a16z. Circle Internet Group raised $222 million in the presale of ARC, the native token of its new Arc blockchain, giving theβ¦
Executives from MoonPay, Ripple, and Paxos said at Consensus Miami 2026 that stablecoin regulation has accelerated institutional adoption but that major infrastructure and privacy gaps still block mainstream use. Top executives at three of the most active stablecoin companies toldβ¦
The US banking lobby is mounting a last-minute push to stall the CLARITY Act just days before its scheduled Senate Banking Committee markup on May 14. The American Bankers Association, the Bank Policy Institute, the Consumer Bankers Association, the Financialβ¦
The Pentagon released 162 UAP files on May 8, including NASA Apollo moon photos and 1965 astronaut audio The Pentagon released 162 UAP files on May 8, including NASA Apollo moon photos and 1965 astronaut audio. The files were postedβ¦
Connecticut SB5 passed both chambers on May 1 and heads to the governor, making it one of the most comprehensive state AI laws in the US. Connecticut SB5 passed on May 1, becoming one of the broadest state AI lawsβ¦
Coinbase x402 is now native to Amazon Bedrock AgentCore, letting AI agents pay for services in USDC without human input Coinbase x402 is now native to Amazon Bedrock AgentCore, letting AI agents pay for services in USDC without human input.β¦
Morgan Stanley has launched E*Trade crypto trading at 0.5%, undercutting Coinbase, Schwab, and Robinhood in a pilot set to reach 8.6 million users. Morgan Stanley has launched ETrade crypto trading at a flat 0.5% fee, below Coinbase and Schwab. Theβ¦
Virginia redistricting referendum was struck down 4-3 by the state Supreme Court on May 8, with Democrats immediately filing to appeal to SCOTUS Virginia redistricting was struck down 4-3 by the state Supreme Court, with Democrats filing to appeal toβ¦
A US court has found that Metaβs AI ads tools materially developed fraudulent investment content, stripping Section 230 immunity and exposing the platform to securities fraud claims. A US court found that Metaβs AI ads helped create fraudulent investment content,β¦
OpenAI has crossed $25bn in annualized revenue and is actively preparing its OpenAI IPO for as early as the fourth quarter of 2026. OpenAI has crossed $25bn in annualized revenue and is preparing its OpenAI IPO for as early asβ¦
JPMorgan AI spending has been reclassified from discretionary innovation to core infrastructure, placing it alongside data centers and cybersecurity in the bankβs budget. JPMorgan has reclassified JPMorgan AI investment as core infrastructure, treating its $2bn annual budget as non-negotiable asβ¦
Meta launched Muse Spark on April 8, its first fully closed AI model, abandoning its open-source Llama strategy Meta launched Muse Spark on April 8, its first fully closed AI model, abandoning its open-source Llama strategy. The launch marks theβ¦
Anthropic raise talks are targeting a $900bn valuation and up to $50bn in fresh capital, sources told the Financial Times. Anthropic raise talks are targeting a $900bn valuation and up to $50bn in fresh capital, sources told the Financial Times.β¦
SIREN price surged 22% on Binance perpetuals on May 8, hitting $1.2965 before a sharp 4H reversal warned of seller resistance. SIREN price posted a 22% gain on Binance perpetuals on May 8 before a 4H reversal flagged seller resistance.β¦
Krakenβs Etana fraud case alleges a Ponzi-like scheme diverted more than $25m in client funds. Krakenβs Etana fraud case alleges a Ponzi-like scheme diverted more than $25m in client funds. Krakenβs parent company Payward filed a second amended complaint onβ¦
Google Chrome has been silently installing a 4GB AI model called Gemini Nano on usersβ devices without consent, a researcher found. Google Chrome is silently installing a 4GB AI model on usersβ devices without consent, a researcher found. Privacy researcherβ¦
Tennessee Republicans have erased the stateβs last Black majority congressional district, splitting Memphis into three GOP-leaning seats. Tennessee Republicans have erased the stateβs last Black majority congressional district, splitting Memphis into three GOP-leaning seats. The Republican-controlled legislature passed the newβ¦
The US April jobs report showed 115,000 positions added in April, nearly doubling the consensus forecast of 62,000. The US April jobs report showed 115,000 positions added in April, nearly doubling the consensus forecast of 62,000, according to data theβ¦
Oxford researchers found AI chatbots trained for warmth make significantly more factual errors and validate false beliefs more often Oxford researchers found AI chatbots trained for warmth make significantly more factual errors and validate false beliefs more often, according toβ¦
Trump has abandoned his Iran war maximalist demands as polls drop and peace talks remain deadlocked Trump has abandoned his Iran war maximalist demands as polls drop and peace talks remain deadlocked, with analysts and the presidentβs own conduct makingβ¦
The Senate Banking Committee is expected to hold a formal CLARITY Act vote as early as next week, Coinbase said at Consensus 2026. Coinbase says the CLARITY Act is heading for a Senate Banking Committee vote as early as nextβ¦
NATO allies are openly questioning whether the US should still lead the alliance following Trumpβs decision to launch strikes on Iran without consulting them. NATO allies are questioning US leadership after Trump launched strikes on Iran without consulting the alliance,β¦
Iran launched a Hormuz attack against three US Navy destroyers on May 7, with all missiles and drones reportedly intercepted. The US military said it intercepted Iranian attacks on three Navy ships in the Strait of Hormuz on May 7β¦
Kalshiβs valuation has hit $22bn after a $1bn Series F led by Coatue, doubling its worth in just five months. Kalshiβs valuation has hit $22bn after a $1bn Series F led by Coatue, doubling its worth in just five months.β¦
The White House says voluntary partnerships, not strict mandates, are the right approach to AI regulation. The Trump administration released its National Policy Framework for AI regulation in March 2026, built around voluntary industry agreements rather than top-down mandates. Theβ¦
Trump and Xi may put AI risk talks on their May 14-15 Beijing summit agenda, US media reports said. The US and China are considering launching formal AI dialogue channels ahead of the Trump-Xi summit scheduled for May 14 andβ¦
Josh Shapiro has sued Character.AI after a chatbot falsely posed as a licensed Pennsylvania psychiatrist and offered medical advice to a state investigator. Pennsylvania Governor Josh Shapiro sued Character.AI on May 6, targeting the companyβs chatbots for allegedly practicing medicineβ¦
OpenAI has released GPT-5.5-Cyber to vetted cyber defenders, giving them reduced guardrails for specialized security workflows. OpenAI released GPT-5.5-Cyber on May 7 in limited preview, targeting security professionals defending critical infrastructure. The company describes it as the most permissive modelβ¦
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