Finance

MIAMI BEACH, Fla. — Sports betting should be regulated as a federal financial product rather than a state-licensed casino product, two panelists said Thursday. Appearing at Consensus Miami 2026, Jacob Fortinsky, co-founder and CEO of sports betting platform Novig, said the legacy sportsbook model is structurally broken because it treats winning bettors as cheaters. “Sports … Read more

Trump Media & Technology Group (DJT) reported a $405.9 million first-quarter net loss on $871,200 in revenue, widening from $31.7 million a year earlier as unrealized losses on its crypto holdings weighed on results. The parent company of Truth Social booked $244 million in unrealized losses on its cryptocurrency holdings. It also recorded a $108.2 … Read more

For decades, Latin Americans have lived with financial constraints that citizens of more developed economies rarely think about: periodic currency devaluations, inflation shocks, limited access to credit and banking systems that often fail to reward savers. A new layer of innovation is now reshaping the region’s financial landscape. Decentralized finance — DeFi — is quietly … Read more

SEC Chair Paul Atkins said Friday the agency is considering changes to how securities regulations apply to blockchain-based financial markets and AI-powered financial applications, as digital asset firms increasingly move trading and settlement activity onchain. Speaking at the AI+ Expo in Washington, Atkins said the SEC is considering formal rulemaking around onchain trading systems, blockchain … Read more

MIAMI BEACH, Fla. — At the EasyA Hackathon tucked inside Consensus Miami 2026, the energy felt less like a traditional crypto developer event and more like a live audition for the next generation of the intersection of blockchain and AI-native startups. Nearly 1,000 developers competed at the venue, some from established crypto ecosystems like Base … Read more

A Manhattan federal judge has cleared the way for Aave’s recovery effort to move forward after last month’s North Korea-linked rsETH exploit, allowing $71 million in frozen ether to be transferred out of Arbitrum while preserving North Korean terrorism victims’ legal claim on the funds. In a two-page order published late Friday U.S. time, Judge … Read more

The Senate Banking Committee plans to hold its long-awaited markup hearing for the Digital Asset Market Clarity Act of 2025 (otherwise known as the Clarity Act) on Thursday, May 14 at 10:30 a.m. The Clarity Act was largely in limbo after Coinbase CEO Brian Armstrong announced the exchange was pulling its support over stablecoin yield … Read more

On April 21st and 22nd 2026, during a Senate Armed Services Committee, Admiral Samuel Paparo of U.S. Indo-Pacific Command made comments on Bitcoin’s utility in cybersecurity for the country’s military, calling it a “valuable computer science tool as power projection,” and disclosing that INCOPACOM is running a Bitcoin node in their experiments with the protocol.   … Read more

With bitcoin holding above $80,000 and stocks pushing to fresh record highs, risk appetite spilled deeper into crypto markets Friday, lifting altcoins and blockchain infrastructure plays. Solana (SOL), Chainlink LINK$10.30, SUI$1.0217 and DOT$1.3762 rose around 5%, while Near Protocol (NEAR) and Uniswap (UNI) gained roughly 7%. Internet Computer Protocol’s ICP jumped nearly 12%, leading majors … Read more

Payward, the parent company of crypto exchange Kraken, has applied for a national trust company charter with the U.S. Office of the Comptroller of the Currency (OCC), according to a Friday announcement shared with CoinDesk, as the company looks to expand its regulated digital-asset custody business. If approved, the charter would establish Payward National Trust … Read more