Arbitrum delegates back $71 Million ETH recovery plan despite U.S. seizure fight
DAO delegates approved releasing exploit-frozen ETH to an Aave-led recovery effort, though Arbitrum’s governance rules delay any transfer for at least eight days
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DAO delegates approved releasing exploit-frozen ETH to an Aave-led recovery effort, though Arbitrum’s governance rules delay any transfer for at least eight days
The Senate Banking Committee announced it would hold its markup hearing for the Clarity Act on March 14.
Tokenization and digital asset-infrastructure stocks climbed as SEC Chair Paul Atkins signaled support for onchain finance rules.
Nearly 1,000 developers competed at the venue, from ecosystems like Base, Solana, and others arriving from companies like Microsoft and Google, most racing to build products around the theme of AI agents.
The SEC chair linked the rise of AI-powered financial systems with growing demand for blockchain-based market infrastructure and automated settlement.
Payward’s application would add a federally regulated trust company to the Kraken group’s existing Wyoming bank charter and Fed master account.
Lagarde warned that large stablecoins like Tether and USDC, which now dominate a $310 billion market, pose financial stability risks and could transmit stress to underlying asset markets during periods of turmoil.
Price moved higher on a late volume burst, with traders watching whether compression near $1.39-$1.40 finally resolves into a larger move.
Analysts say Coinbase’s long-term growth may depend more on stablecoins and U.S. crypto legislation than a rebound in trading activity.
Executives from MoonPay, Ripple and Paxos said at Consensus Miami 2026 that regulation has accelerated stablecoin adoption, but infrastructure, privacy and distribution remain major hurdles.
Internet Computer (ICP), up 5.8% from Thursday, was also a top performer.
The data comes ahead of what's expected to be a new Federal Reserve chairman taking the reins at the U.S. central bank later this month.
Coinbase says the outage has been fully resolved but that it will investigate the incident fully.
Your day-ahead look for May 8, 2026
BTC fell under $80,000 after U.S. strikes in Iran sent oil briefly above $100, triggering liquidations and a shift toward bearish positioning.
Stablecoin settlement enables weekend/holiday settlement, reducing trapped capital by over 40%. This improves card economics and financial flexibility for issuers.
As Wall Street chases upside in stocks like never before, the implications for bitcoin appear bullish, though with an important caveat.
Screenshots showed BTC briefly far below global market prices, though it remains unclear whether any trades were executed at those levels or whether the move was a display issue.
DAO delegates approved releasing exploit-frozen ETH to an Aave-led recovery effort, though Arbitrum’s governance rules delay any transfer for at least eight days
Bitcoin no longer holds up as the cypherpunk-grade money it was meant to be, Zcash's Zooko Wilcox told an engaged audience.
CryptoQuant says traders are cashing out into strength, Enflux ties the move to easing Hormuz tensions, while Glassnode argues bitcoin has reclaimed key levels needed for a broader recovery.
Panelists at Consensus Miami said institutional investors are still largely absent from perp DEXs, citing security risks and KYC friction as key barriers.
The crypto asset manager will take over Superstate’s $267 million USCC fund as tokenized investment products gain traction with institutions.
Near Protocol (NEAR), down 1% from Wednesday, was also an underperformer.
It's day three of Consensus Miami 2026 on Thursday. Stay tuned for updates throughout the day.
The Ethereum co-founder, who has spent months campaigning against toxic MEV with proposals for encrypted mempools, just had one of his own swaps front-run and back-run by the network's most notorious sandwich bot.
A related MVRV indicator hit overheated levels last seen before bitcoin's late-2024 push to $100,000.
The lending giant is expanding its asset listing criteria beyond financial risk to include cybersecurity and architecture, and wants the rest of DeFi to follow.
Institutional trading volume surged 800% over the past six months on the platform, while annualized trading activity reached $178 billion despite growing regulatory scrutiny.
The combined migrations by Solv and Kelp shift nearly $1 billion in assets to Chainlink's CCIP, reflecting an industry "flight to quality."
Beneath the stalled market, advisors and long-term investors are quietly building durable crypto allocations and are becoming more comfortable investing in this asset class.
XRP pulled back even as Ripple and JPMorgan completed a cross-border tokenized Treasury settlement on XRPL, with price now testing whether the recent breakout structure can hold.
Panelists are split on the four-year cycle's relevance, with year-end price targets varying widely from potentially not reaching a new high to possible targets of $150k or $250k.
Since the Genius Act passed, Anchorage has won every single large stablecoin issuance mandate across the landscape, according to the firm’s CEO Nathan McCauley.
Tokenization and AI agentic finance are the main narratives driving the next bull cycle in crypto, Lee said at Consensus 2026.
Amazon said AI agents for now will be allowed to buy APIs, web content and other online services, but that future versions would enable hotel bookings, travel reservations and payments to merchants.
World Liberty Financial co-founder Donald Trump Jr. and co-founder and CEO Zach Witkoff pushed back on recent online rumors as the crypto firm battles Justin Sun in court.
DeFi and its underlying technology have already proved themselves at scale, said eToro CEO Yoni Assia.
At the current pace of purchases, Lee said his Ethereum treasury giant would reach its 5% ether accumulation goal in six weeks, then shift its focus to staking and share buybacks.
Jesse Spiro, Head of Government Affairs at Tether, said at Consensus Miami 2026 that the midterms will be a key test for whether crypto’s recent policy gains in Washington can survive politically.