Riot Platforms (RIOT) shares jumped about 8% on Friday after Advanced Micro Devices (AMD) expanded its capacity at the company’s Rockdale, Texas campus, highlighting Riot’s continued pivot from bitcoin mining into AI and high-performance computing. According to the Q1 financial results, AMD exercised an option to double its contracted capacity to 50 megawatts (MW), with … Read more
Stablecoin yield would be prohibited under a newly released agreement addressing that contentious part of the crypto market structure legislation in an approach that’s broadly similar to what’s been discussed since the start of the year. The new section of proposed Digital Asset Market Clarity Act text released Friday revealed that the compromise hashed out … Read more
The $292 million exploit of Kelp DAO and the subsequent fallout across crypto lending markets hit decentralized finance (DeFi) at a pivotal moment. Just as Wall Street firms pushed deeper into onchain markets, the incident has exposed how fragile parts of the system remain and how much work is left before institutions can scale their … Read more
Paul Sztorc’s proposed eCash fork has been framed as a battle over Bitcoin’s principles. But among developers and infrastructure builders, a different interpretation is taking hold. This isn’t really a Bitcoin fork, they argue. It’s an airdrop — and a potentially hazardous one. “I’m firmly against Paul’s fork, but not because it represents a ‘hostile … Read more
Crypto trade groups called for a markup of key market structure legislation within hours of U.S. Senators Thom Tillis (R-N.C.) and Angela Alsobrooks (D-Md.) releasing a compromise text Friday on stablecoin yield in the Digital Asset Market Clarity Act, the final major sticking point in the bill. The text bars crypto firms from paying interest … Read more
Brazil’s central bank has banned electronic foreign exchange (eFX) providers from using stablecoins, bitcoin or other cryptocurrencies to settle overseas remittances. BCB Resolution No. 561, published April 30, updates rules for eFX, Brazil’s regulated system for digital international payments, purchases, withdrawals and transfers. The rule takes effect October 1, with adaptation deadlines running into 2027. … Read more
Prediction markets are shifting from one-off bets tied to major events into platforms driven by daily user engagement, according to a new report from Bitget Wallet in partnership with Polymarket. Trading volume on Polymarket reached $25.7 billion in March, but the report points to a deeper change in behavior. Based on activity from 1.29 million … Read more
Bitcoin’s quantum computing concerns have always had a Satoshi problem inside it. Millions of bitcoin sitting in old wallets with exposed public keys could be vulnerable to theft if powerful enough quantum computers arrive. That includes the roughly 1.1 million bitcoin attributed to pseudonymous creator Satoshi Nakamoto, currently worth around $84 billion. The obvious defense … Read more
The S&P 500 just closed at another record high while bitcoin made another run to the $80,000 level earlier Saturday. The largest crypto traded at $78,180 in Asian hours Saturday, up 0.8% on the week and recovering from a Wednesday low near $75,500 that came on the back of fresh Iran military escalation reports. The … Read more
Galoy is widening its push into U.S. banking at a moment when many institutions still wrestle with how, or whether, to bring Bitcoin into their product stack. Ahead of this week’s Bitcoin 2026 conference in Las Vegas, Galoy unveiled an expanded version of its Bitcoin-native core banking platform, aiming to turn a fragmented set of … Read more