Coinbase Lays Off Hits Southeast Asia Growth Teams as Company Slashes 14% Workforce
Global cryptocurrency exchange Coinbase has reduced its workforce by approximately 14%, a restructuring effort that CEO Brian Armstrong stated is necessary to transition the company
Zano Prepares Trustless Cross-Chain Bridge for Native ZANO After Hard Fork 6
Key Takeaways: Zano’s Hard Fork 6, targeted for Q2 2026, introduces Gateway Addresses enabling trustless bridging of native ZANO to EVM, TON, and Solana networks.
Banks Reject Stablecoin Yield Compromise, Demanding Stricter Crypto Limits
Key Takeaways: Rejecting the Digital Asset Market Clarity Act over a rule, banks seek to prevent deposit flights. Eleanor Terrett notes big banks aren’t 100%
Bitcoin’s Bull Case Hinges on Macro Conditions, Wintermute Says
Key Takeaways: Bitcoin approached $82,000 resistance but still lacks confirmation of a sustained breakout. ETF inflows reached $2.6 billion, while late outflows signaled weakening demand.
Kraken, Moneygram Expand Crypto Off-Ramps Across 100+ Countries
Key Takeaways: Kraken partnered with Moneygram to support crypto-to-cash withdrawals across more than 100 countries. Customers can access local currency through Moneygram’s regulated international cash
Strategy Posts $12.54B Loss as Bitcoin Holdings Reach 818,334 BTC
Key Takeaways: Strategy posted a $12.54 billion net loss in Q1 2026 driven by $14.46 billion unrealized bitcoin losses. Revenue increased 11.9% year over year
Bitcoin Bulls Defend $80,500 Support, Driving 7% Weekly Surge to $1.63 Trillion Cap
Key Takeaways: Bitcoin hit $81,714 on May 5 as the Trump administration worked to de-escalate Middle East tensions. The rally triggered $202 million in short
Triple Win for Bitcoin ETFs With $532M Inflow While Ethereum Adds $61M
Key Takeaways: U.S. bitcoin spot ETFs recorded $532M in net inflows, their third consecutive positive day. U.S. ethereum spot ETFs added $61.29M, signaling institutional demand
Circle Stock Jumps 20% to $119.53 as Tillis Deal Pushes Clarity Act Forward
Key Takeaways Tillis and Alsobrooks reached a May 4 deal to ban stablecoin rewards functioning like bank interest. Circle (CRCL) stock surged nearly 20% to
Hyperliquid Whale Bets $1.31M on TON at 6x Leverage as Bitcoin Eyes Fresh Highs
Key Takeaways: A new Hyperliquid wallet opened a 6x TON long worth $1.31M on May 5, with a $1.42 liquidation price. The trade signals elevated