Telegram to become TON’s largest validator, Durov says
Toncoin rose 33.8% after Pavel Durov said Telegram would deepen its role in TON, while details on the foundation and validator structure remain unclear. Go to Source
Massive $1.9 Million Loss Nukes 11 Winning Bitcoin Trades for Whale
A trader closed a 700 bitcoin short position on Tuesday at a $1.94 million loss, erasing all $1.71 million in profits from 11 consecutive winning trades in a single position gone wrong. Key Takeaways: Wallet 0x004e closed a 700 BTC short on May 5, booking a $1.94M loss on a single trade. The loss erased … Read more
Bitcoin ETFs pull in $532M as BTC reclaims $80K amid ‘post-ceasefire recovery’
Spot Bitcoin ETFs pulled in over $532 million on Monday as BTC surged past $80,000 amid improved risk sentiment following the US-Iran ceasefire. Go to Source
Russia’s Moscow Exchange to Launch SOL, XRP, Tron and BNB Crypto Indexes on May 13
Russia’s Moscow Exchange (Moex) will begin publishing four new cryptocurrency indexes for solana ( SOL), XRP, tron ( TRX), and BNB starting May 13, expanding its regulated crypto benchmark suite beyond bitcoin and ether for the first time. Key Takeaways: Russia’s Moscow Exchange will launch crypto indexes for SOL, XRP, TRX and BNB within the … Read more
Hut 8 Taps Falconx for $200M Facility, Drops Rate to 7% and Boosts BTC Access
Hut 8 Corp. has entered into a $200 million, 364-day bitcoin-backed credit facility with Falconx, replacing its previous arrangement with Coinbase Credit. Key Takeaways: Hut 8 secured a $200 million credit facility with Falconx at 7.0%, replacing its prior Coinbase agreement. The deal unencumbered 3,300 bitcoin worth $260 million on May 1, 2026, signaling lower … Read more
Bitcoin Breaks $81,000 Behind ETF Inflows, Iran De-escalation and a Short Squeeze
Bitcoin climbed above $81,000 on Tuesday for the first time since January, powered by $2.44 billion in April ETF inflows, geopolitical relief following the U.S.-Iran de-escalation, and a short squeeze that sent leveraged bears scrambling for the exits. Key Takeaways: Bitcoin hit $81,000 on May 5, 2026, its highest price since January, as multiple catalysts … Read more
Stablecoin proposal still ‘falls short’ of protecting bank deposits: US banks
US Senator Thom Tillis said the current text of the CLARITY Act offers a compromise for the crypto industry and banks and provides a bipartisan path for the bill’s passage. Go to Source
From Rebels to Banks: Why the Crypto Industry Is Finally Embracing Legacy Finance
Spencer Bogart, general partner at Blockchain Capital, noted that while years ago fintech companies aimed to be bank-like but not banks, this trend has now reversed, with over 20 companies pursuing Office of the Comptroller of the Currency (OCC) charters in 2026. Key Takeaways: Blockchain Capital’s Spencer Bogart notes over 20 crypto firms now seek … Read more
Haun Ventures raises $1B, adding AI to crypto focus
Haun Ventures founder Katie Haun said AI will “increasingly begin to conduct economic activity on our behalf,” and services will need to adapt for that world. Go to Source