News linked to this event type.
Odaily Bitcoin mining company TeraWulf announced its Q1 financial report, showing that its high-performance computing (HPC) business has surpassed Bitcoin mining revenue for the first time, marking a critical phase in the company's transition to AI and cloud computing infrastructure. The company's total Q1 revenue was $34 million, roughly flat compared to the same period last year. HPC leasing revenue reached $21 million, exceeding digital asset mining revenue of less than $13 million for the first time, becoming the primary revenue source.The financial report also showed that the company's net loss widened to $427.6 million, primarily due to non-cash warrant revaluation. However, CFO Patrick Fleury emphasized that the company is shifting from "volatile mining revenue" to "stable long-term computing power contract revenue."Currently, 60MW of HPC capacity at TeraWulf's Lake Mariner data center in New York has begun generating revenue, with plans to continue expansion within the year. Meanwhile, the company is retrofitting some of its mining infrastructure into AI/HPC computing resources to support hyperscale computing demand. This trend continues to spread across the industry, with Bitcoin miners like Riot Platforms also diversifying their revenue structures through data center and AI contracts, gradually transitioning into "computing infrastructure companies." (The Block)
gunfire was heard in the vicinity of the Strait of Hormuz within two hours. On the 8th, Iran's Islamic Revolutionary Guard Corps announced that the Iranian armed forces had engaged in "sporadic clashes" with US warships in the waters of the Strait of Hormuz earlier that day. The Revolutionary Guard did not disclose the specific location of the clashes. Earlier, it was reported that an explosion occurred on the 8th in the Sirik region of Iran, near the Strait of Hormuz, for unknown reasons. (CCTV)
The Securities and Futures Commission (SFC) of Hong Kong recently issued a public notice warning investors to be vigilant against certain unlicensed platforms and related marketing activities, specifically naming HabitTrade. In response, HabitTrade issued a statement clarifying that it is a licensed Australian brokerage firm and a compliant financial services platform, and that it does not conduct any regulated business in Hong Kong nor promote or provide related services to the Hong Kong public. The statement further notes that certain third-party promotional content, video materials, and traffic-driving activities circulating in the market do not represent HabitTrade’s official position. The company reserves the right to pursue legal action against any unauthorized use of its brand, technical infrastructure, or partnership affiliations for misleading or non-compliant promotional purposes. HabitTrade stated that it remains committed to regulatory compliance as its top priority and will cooperate fully with relevant regulatory authorities in jurisdictions where it operates to conduct necessary investigations.
According to an official announcement, Sportix.AI has raised $3.2 million to build AI-powered sports intelligence infrastructure. The company stated that this funding marks a significant milestone in advancing its team’s long-term vision. Backers of this round include CoinvestorV, Animoca Brands, Becker Ventures, X21 Digital, and Alpha Capital.
Bitget PoolX will list the BILL project, with a total airdrop of 5,000,000 BILL tokens. This campaign features two BTC staking pools, open for deposits from May 9 at 19:00 to May 16 at 19:00 (UTC+8). Specifically, the BTC Static Staking Pool allocates 2,250,000 BILL tokens, with a per-user staking cap of 30 BTC; the BTC Dynamic Staking Pool allocates 2,750,000 BILL tokens, with a tiered staking cap determined by users’ trading volume over the past 15 days, and a per-user staking cap of 50 BTC. Additionally, users whose net BTC deposits are positive during the campaign period will receive a 3% BTC interest-boosting coupon upon campaign completion. First-time PoolX participants who meet the net deposit requirement will receive a 10% BTC interest-boosting coupon. The net deposit window runs from May 8 at 19:00 to May 15 at 19:00 (UTC+8). For more details, please refer to the official Bitget platform.
According to GlobeNewswire, Exodus, a cryptocurrency wallet service provider, has announced the launch of XO Cash—a stablecoin built on Solana and designed for AI Agents and the Agentic Economy—as well as the simultaneous release of the AgentKit developer toolkit. With XO Cash, developers can create standalone wallets for AI Agents via a single API call; Agents can then make payments directly using their Exodus Pay balances, without needing to hold or manage tokens themselves.
The Securities and Futures Commission (SFC) of Hong Kong has issued a warning, adding two unlicensed platforms—StableStock and HabitTrade—to its warning list. The SFC noted that online videos are inducing the public to use the StableStock platform, which claims users can subscribe to Hong Kong IPOs using virtual assets and states it is collaborating with HabitTrade. The SFC emphasized that neither entity holds an SFC license and therefore must not engage in any regulated activities in Hong Kong or promote their services to the public.
Odaily, Odaily news: Balcony, a RWA infrastructure based on the Avalanche blockchain, announced the completion of a $12.7 million seed funding round, led by Blockchange Ventures. The new funds will be used to deploy its platform for on-chain real estate transactions and asset settlement services in the U.S. market, integrating fragmented property records into a tamper-proof digital registry. (Tamradar)
U.S. Democratic Senator Elizabeth Warren posted a comment on X regarding the recent controversies surrounding World Liberty Financial (WLFI). She stated, “While this crypto project backed by the Trump family—WLFI—is quietly cashing out, ordinary investors are left stranded.” Warren shared Bloomberg’s recent report on WLFI’s fund flows, which revealed that most of the proceeds raised through fundraising and private token sales have flowed to entities affiliated with the project’s founders. The project team sets governance rules, controls token issuance, and captures revenues—while investors have virtually no exit options.
Cango Inc., a U.S.-listed Bitcoin mining company, released its operational update for April 2026, reporting that as of April 30, its total operational hash rate stood at 31.58 EH/s—comprising 20.43 EH/s from in-house mining operations and 11.15 EH/s from leased hash rate. In April, the company mined 230.04 Bitcoins through its in-house operations, with an average cash cost per Bitcoin of $68,061. As of the end of April, its Bitcoin holdings totaled 1,057.46 BTC. Cango stated that during April it continued phasing out older S19 miners at select international sites while procuring and deploying S21-series miners to enhance energy efficiency and production efficiency. The company currently operates 26 active sites globally.
CoinMarketCap’s April 2026 Exchange Monthly Report shows that the total trading volume across the 12 tracked cryptocurrency exchanges amounted to $4.50 trillion, with Binance holding a 36.23% market share. Overall derivatives trading volume was 5.38 times that of spot trading, and the combined proof-of-reserves across eight exchanges totaled $220.07 billion. The report also notes that Coinbase surpassed Binance in BTC spot order book depth within ±2%, becoming the exchange with the deepest liquidity; for ETH spot liquidity, Binance remains the leader. On the regulatory front, Binance is advancing its MiCA authorization application in Greece, while Gemini completed its withdrawal from the UK, EEA, and Australian markets on April 6.
Odaily Planet Daily reports that according to the CoinMarketCap "April 2026 Exchange Monthly Report," Binance ranks first globally in core indicators such as reserve scale, trading volume market share, and ETH market liquidity.The report shows that Binance's proof of reserves in April reached $149.75 billion, accounting for 68% of the total tracked reserves in the market. Among them, stablecoin reserves hit $50.69 billion, making it the exchange with the largest absolute liquidity reserve scale in the market. Additionally, among the combined $4.5 trillion monthly trading volume of 12 major exchanges, Binance firmly held the top spot with a 36.23% market share. Notably, the ratio of Binance's derivatives to spot trading closely aligns with the market average, indicating a healthy and balanced development of its spot and derivatives businesses, rather than reliance on a single sector.In terms of spot market liquidity, the ±2% order book depth for Binance's ETH market reached $13 million, a month-over-month increase of 10.5%, making it the deepest ETH execution venue in the overall market.
According to the official announcement, Bithumb will list the PROS/KRW trading pair.
Coinbase stated that, at approximately 8:00 a.m. Beijing Time on May 8, its systems detected elevated error rates across multiple services. The issue was subsequently traced to AWS’s US-EAST-1 Region Availability Zone use1-az4. Although Coinbase’s systems were originally designed to recover from failures in a single availability zone, this incident affected multiple availability zones, resulting in an extended outage of core trading services. The primary issues have now been fully resolved. The team will conduct a comprehensive postmortem analysis and provide further updates once AWS releases its official post-incident report.
WEEX Exchange announces the launch of its “Bounty Hunter Program”—trade WXT to earn rewards easily. Event Period: May 8, 18:00 – May 18, 17:59:59 (UTC+8). During the event: - New users who make a net deposit ≥ 100 USDT receive a 200 WXT reward. - First spot trade using WXT earns up to 700 WXT. - First participation in WE-Launch airdrops doubles the reward. - Users with cumulative futures trading volume ≥ 10,000 USDT and ≥ 2 trades receive a $5 USDT trial bonus. All users: - Highest net WXT purchase rewards up to 600 WXT. - Net WXT purchases ≥ 500 WXT per day for 3 consecutive days qualify for a shared pool of 50,000 WXT. - The top 30 “Bounty Kings” on the leaderboard share a grand prize pool of 100,000 WXT.
According to the official announcement, Upbit will list PROS trading pairs against KRW, BTC, and USDT.
Josh Swihart, Founder and CEO of the Zcash Open Development Lab, announced at Consensus 2026 in Miami that Zcash plans to launch a quantum-resilient wallet within one month and achieve full post-quantum readiness within the next 12 to 18 months, while also advancing scalability efforts to reach Visa- and Mastercard-level throughput. Driven by Multicoin Capital’s disclosure of a large investment and growing momentum around privacy narratives, ZEC has surged over 110% in the past 30 days. Additionally, following integration with Near Intents, users can now cross-chain swap BTC, SOL, USDC, and other assets for shielded ZEC; since launch, these channels have processed approximately $600 million to $700 million in volume, and the shielded pool currently accounts for roughly 30% of the circulating ZEC supply.
according to official sources, MGBX will launch the QCOMUSDT perpetual contract trading pair at 18:00 (SGT) on May 8, 2026.Trading opening time: 18:00 (SGT) on May 8, 2026.Leverage: Up to 20x supported.
According to The Block, the Arbitrum DAO voted to release 30,765.6 ETH (approximately $70 million), previously frozen, to support the DeFi United initiative—aimed at offsetting Kelp DAO’s $292 million exploit loss last month. The vote passed with 90.96% support (182.2 million votes). The attack was allegedly carried out by the North Korean Lazarus hacking group, which exploited a vulnerability in LayerZero’s OFT cross-chain bridge—a single-validator configuration—which allowed attackers to steal 116,500 rsETH and pledge most of the stolen assets as collateral on Aave, resulting in roughly $190 million in bad debt. DeFi United has secured contributions from multiple parties, including 30,000 ETH from Consensys and Joseph Lubin, a 30,000-ETH loan from Mantle, and 5,000 ETH from LayerZero.
According to the official announcement, HTX (formerly Huobi) has launched perpetual contracts for SPACEX/USDT, OPENAI/USDT, and ANTHROPIC/USDT on May 8, with a maximum leverage of 10x for all. Concurrently, HTX is hosting a SPACEX, OPENAI, and ANTHROPIC contract trading party from 15:00 on May 8 to 15:00 on May 15 (UTC+8), with a total prize pool of up to $20,000. During the event, users who register and trade SPACEX/USDT, OPENAI/USDT, or ANTHROPIC/USDT perpetual contracts—accumulating a total effective trading volume of ≥$5,000—will be eligible to share the prize pool based on their trading volume ranking. Additionally, new contract traders who complete trades in SPACEX/USDT, OPENAI/USDT, or ANTHROPIC/USDT perpetual contracts will receive exclusive benefits.