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The Block
The Block features breaking Crypto news about Bitcoin, Blockchain, Web3, and DeFi from the web's most reliable source.
05/08/2026 07:11 PM Kraken parent Payward applies for national OCC trust charter following Ripple, Coinbase
Other notable firms in digital assets industry, including Paxos, BitGo, and Circle have also sought approval from the OCC.
05/08/2026 06:36 PM SEC weighs new rulemaking for onchain market structures and software applications
The SEC needs to clear up how its regulatory framework applies to software applications, said its Chair Paul Atkins on Friday.
05/08/2026 04:37 PM TeraWulf’s $21 million HPC revenue surpasses bitcoin mining for first time in Q1
Former pure-play bitcoin miners like TeraWulf are starting to report AI and HPC revenue overtaking their mining segments.
05/08/2026 03:07 PM Bernstein sets $100 IREN target after $3.4 billion NVIDIA AI deal
Bernstein analysts set $100 IREN target after NVIDIA deal, citing $3.4B cloud contract and 76% implied upside.
05/08/2026 03:02 PM Bitcoin rally cools as April jobs fails to break macro ceiling with Iran tensions and ETF outflows in play
Bitcoin holds near $80,200 after April nonfarm payrolls beat expectations as Iran tensions and ETF outflows check the rally.
05/08/2026 12:05 PM Bernstein says Coinbase’s ‘everything exchange’ strategy is gaining traction despite weak first-quarter results, sees 71% upside
The analysts maintained an outperform rating and $330 price target on Coinbase despite weaker first-quarter results.
05/08/2026 11:58 AM Senator Warren presses Meta over stablecoin trial ahead of 2026 rollout plans
Senator Elizabeth Warren questioned Meta over its stablecoin trial, citing Libra risks and 2026 integration plans.
05/08/2026 11:07 AM ECB’s Lagarde flags euro-denominated stablecoins as financial stability risk, diverging from Bundesbank stance
The ECB President argued that euro-denominated stablecoins risk financial stability and monetary policy, pushing for a digital euro instead.
05/08/2026 10:02 AM South Korea tightens oversight of firms moving crypto overseas: report
South Korean authorities are also planning to start imposing a 22% capital gains tax on crypto from January 2027.
05/08/2026 09:44 AM Coinbase resumes trading after hours of AWS-linked disruption
Coinbase resumes trading after hours of AWS-linked disruption, restoring markets following 'Cancel Only' and auction-mode restrictions.
05/08/2026 09:38 AM Taiwan news anchor indicted for allegedly taking crypto payments from China to produce propaganda, bribe soldiers
Taiwan prosecutors indicted a news anchor for allegedly accepting crypto payments from an "overseas hostile force" to produce news shows.
05/08/2026 08:25 AM Arbitrum DAO approves $70 million ETH release for Kelp DAO recovery
However, a May 1 court order restricted Arbitrum DAO from moving the recovered funds, prompting Aave to file an emergency motion against it.
05/08/2026 06:24 AM Aptos commits $50 million across ecosystem projects, including agentic AI
Aptos announced a $50 million commitment to grow the blockchain's ecosystem, covering first-party products and protocol infrastructure.
05/08/2026 03:17 AM Solv Protocol drops LayerZero in favor of Chainlink for $700 million tokenized bitcoin
It cited security as the core reason for the migration, in an apparent response to the recent exploit of LayerZero-powered Kelp DAO.
05/08/2026 01:19 AM Hyperliquid Strategies posts $165 million net loss for nine months ended March 31 as HYPE treasury grows
The firm has deployed $216 million to acquire approximately 7.3 million HYPE tokens since its inception in December 2025.
05/07/2026 10:22 PM Coinbase loses nearly $400 million in Q1 as CEO seeks to reduce dependence on spot crypto trading
The company is transforming from a "spot-focused crypto platform to a place" where users can trade many asset classes.
05/07/2026 10:16 PM Dorsey’s Block raises full-year guidance after ‘strong’ Q1, records $173 million bitcoin remeasurement loss
Cash App's bitcoin business was down 31% year-over-year, while Square reported a negligible gross profit impact from crypto.
05/07/2026 10:11 PM IREN stock surges as Nvidia backs AI expansion with warrants tied to 30 million shares
Alongside the AI infrastructure expansion, Nvidia took warrants that may eventually convert into a $2.1 billion stake in IREN.
05/07/2026 09:01 PM JPMorgan says bitcoin is gaining over gold as debasement trade after Iran conflict
Investors are increasingly choosing bitcoin over gold as a debasement trade since the Iran conflict began, JPMorgan analysts said.
05/07/2026 07:35 PM Benchmark calls Bitdeer ‘comparatively inexpensive’ as it reiterates $27 price target for BTDR shares
Bitdeer’s AI cloud ARR hit $43 million as of end-March, a 105% jump month-over-month, as its self-mining hashrate continues to grow.
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