News linked to this event type.
According to The Block, Senator Kirsten Gillibrand stated clearly on Wednesday at the Consensus Miami conference that she would not support the Cryptocurrency Market Structure Act unless it includes an ethics provision. She emphasized that members of Congress, the President, the Vice President, and senior executive branch officials must not profit from the industry by virtue of their insider status, bluntly declaring, “Without this provision, corruption will destroy this industry.” Previously, before the presidential inauguration, both Donald Trump and his wife launched meme coins. Their family-led DeFi and stablecoin project, World Liberty Financial, has also sparked widespread controversy. Bloomberg estimates that Trump has already earned at least $1.4 billion from cryptocurrency-related businesses.
据 CoinDesk 报道，白宫数字资产顾问委员会执行主任 Patrick Witt 在 Consensus Miami 2026 大会上透露，美国战略比特币储备（SBR）的最新进展公告将于"未来几周"内发布。Witt 表示，自特朗普总统签署行政令以来，联邦政府已停止前政府时期的加密资产"甩卖"行为，并开始对各机构持有的加密资产进行全面审计，但目前拒绝披露具体持仓规模，称首要任务是"先把自家事情理顺"。
According to Bloomberg, American Bitcoin Corp., a bitcoin mining company backed by the Trump family, released its Q1 2026 financial results, reporting a net loss of $82 million—worsening from a $59 million loss in the previous quarter (Q4 2025), marking its second consecutive quarter of losses. Meanwhile, the company’s Q1 revenue stood at approximately $62 million, down roughly 20% year-on-year, primarily due to a decline in average bitcoin mining revenue per coin. Headquartered in Miami, the company was founded just before bitcoin’s price retreated from its all-time high.
The World Liberty Financial “Early Supporter and Founding Team Token Unlock Proposal” has passed with approximately 99.9% approval. Under the proposal, roughly 17.04 billion WLFI tokens allocated to early supporters will follow a “2-year cliff + 2-year linear vesting” schedule. Approximately 45.24 billion tokens allocated to founders, team members, advisors, and partners may opt for a “10% burn + 2-year cliff + 3-year linear vesting” schedule, with full release completed over up to five years; those declining the new schedule will retain indefinite lock-up and governance voting rights.
on May 7 local time that Iran's Ports and Maritime Organization issued an official notice to the captains of commercial vessels in the Strait of Hormuz and its surrounding waters, announcing that all Iranian ports are fully prepared to provide general maritime services, technical support, as well as health and medical services to vessels. The Ports and Maritime Organization emphasized that this move is part of Iran's fulfillment of its sovereign responsibilities in the fields of maritime safety, ports, and maritime services, reflecting the determination of all Iranian ports to fully support the safe and sustainable navigation of commercial vessels in the Strait of Hormuz.
According to foreign media reports, the U.S. Pentagon has awarded Scale AI, a company backed by Meta Platforms (META.O), a contract worth $500 million to assist with data processing and decision-making support. This marks the latest move by the U.S. military to further rely on artificial intelligence. The value of this agreement is five times that of the $100 million contract the company secured in September 2025. Dan Tadross, head of Scale AI's public sector business, stated in an interview that the Pentagon had "pushed the original contract to its limits." Tadross added, "I believe this contract overall demonstrates the department's strong desire to adopt this technology." Furthermore, the San Francisco-based company is also involved in the Defense Innovation Unit (DIU)'s "Thunderforge" program, which aims to integrate AI into military planning and operations, as well as Trump's "Golden Dome" homeland defense architecture.
On May 6, local time, Iranian Islamic Parliament National Security Committee member Hazriyan stated in an interview that the previous night, the U.S. military attempted to launch a large-scale military operation in the Strait of Hormuz. However, due to Iran's stronger countermeasures, the U.S. was forced to announce the cessation of the operation. Hazriyan also stated that this proves that even if the U.S. Central Command utilizes all its military means, they cannot reopen the Strait of Hormuz.
Quantum security company Project Eleven released a report stating that the "Q-Day" when quantum computing breaks encryption systems may arrive as early as 2030, and is more likely to occur around 2033.The report indicates that quantum capabilities may erupt in a "non-linear leap" rather than gradual evolution, presenting a scenario of "long periods of no change followed by sudden breakthroughs."In extreme cases, approximately 6.9 million Bitcoins (valued at over $560 billion) could be at risk. Currently, the industry has begun exploring countermeasures including timestamp proofs and mandatory migration.
According to The Block, Y Combinator will hold its first interview event in New York focused on startups in the cryptocurrency and fintech sectors, aiming to support more companies in these fields. Selected teams will join YC’s Summer 2026 batch and travel to San Francisco to participate in the program, receiving YC’s standard $500,000 investment offer—funds that can optionally be disbursed in Circle’s USDC stablecoin.
Odaily Startup Incubator Y Combinator will hold its first-ever interview session specifically for fintech and crypto startups in New York City, aiming to support more companies in this sector. The interviews will be held offline on May 21st. Selected startups will join the Summer 2026 batch and receive a standard investment of $500,000. Chosen projects can opt to receive funding in the form of USDC stablecoins. To date, Y Combinator has invested in over 150 crypto and fintech companies, including Coinbase, OpenSea, and Kalshi.
According to an official announcement, Coinbase has launched gold perpetual futures (GOLD-PERP) and silver perpetual futures (SILVER-PERP), available to eligible non-U.S. institutional and retail traders. These products are tradable in supported regions via the Coinbase International Exchange, coinbase.com, and the Coinbase App. Both products are linear perpetual contracts referenced to the spot price of one troy ounce of gold or silver, settled in USDC, and support 24/7/365 trading with up to 25x leverage. Coinbase also stated that it is working with the U.S. Commodity Futures Trading Commission (CFTC) to transition its gold and silver futures offerings in the United States to 24/7 trading.
Odaily News Bitcoin miner Hut 8 has announced the signing of a 15-year, $9.8 billion lease agreement to provide capacity for the first 352-megawatt phase of its AI data center at the Beacon Point site in Texas. Following the news, Hut 8's stock price surged 33% to $107, reaching an all-time high. The IT capacity covered by the agreement will support hyperscale AI training and inference workloads. Hut 8's total contracted AI data center capacity now stands at 597 megawatts, with a total contract value of approximately $16.8 billion. The estimated average annual net operating income is around $1.1 billion. The site is expected to begin power supply in the first quarter of 2027, with the first data hall delivered in the third quarter of the same year.
Core Scientific has announced the acquisition of Oklahoma-based Bitcoin mining company Polaris DS LLC for $421 million. Through this acquisition, Core Scientific will obtain Polaris's 440-megawatt contracted power agreement with Oklahoma Gas & Electric, aiming to rapidly expand its AI business. The transaction is expected to close in the third quarter of 2026.Currently, Core Scientific is renovating and expanding its existing mining sites in Texas, Georgia, North Carolina, and Oklahoma to support high-density hosting services for AI and compute-intensive workloads. The company has already begun construction of a new 82.5-megawatt facility in Muskogee, with plans to eventually provide 1 gigawatt of leasable power at the site.
According to an official announcement, OpenAI has partnered with AMD, Broadcom, Intel, Microsoft, and NVIDIA to launch Multipath Reliable Connection (MRC), a new open networking protocol designed to help large AI training clusters operate at higher speeds and with greater reliability, while reducing GPU time waste.
Drift Protocol released an explanation of its redemption mechanism, stating that users may redeem at any time after the redemption window opens. However, early redemptions will be fulfilled at the current pool’s proportional share, resulting in a recovery value lower than the full claim amount. Conversely, holders who delay redemption may receive a higher recovery price as the pool’s size grows. The protocol emphasizes that this mechanism aims to balance liquidity with the distribution of returns to long-term holders.
Odaily News: Bitcoin mining company CleanSpark released its April operational data, reporting a mining output of 640 BTC for the month and a total sale of 748 BTC. As of the end of April, CleanSpark's total Bitcoin holdings dropped to 13,453 BTC. CleanSpark stated that its Bitcoin mining operations will continue to serve as a source of funding to support the expansion of future AI data centers and hyperscale computing clients, and will advance its transition path toward an AI infrastructure platform.
According to an official announcement, Coinbase will list KAIO (KAIO) spot trading on May 6. If liquidity conditions are met and trading is supported, the KAIO-USD trading pair will open later today.
According to on-chain analyst Ember (@EmberCN), the gold XAU perpetual contract, launched in December last year, has maintained a daily trading volume of approximately $2–3 billion and currently ranks among the top 10 assets across the entire crypto market. He noted that gold XAU has become a prominent mainstream trading asset in the crypto market. In the past 24 hours, Binance, Bitget, and OKX—the three major centralized exchanges—collectively accounted for 84% of the gold XAU perpetual contract’s trading volume.
According to PRNewswire, crypto-friendly investment app Public has announced the acquisition of AI-powered investment services platform Treasury App. The acquisition amount has not been disclosed. This transaction aims to strengthen Public’s AI-driven brokerage business strategy, with a focus on upgrading its investment experience centered around AI. Public currently supports trading in stocks, bonds, and cryptocurrencies including BTC, ETH, and SOL.
QCP’s market analysis notes that with Trump pausing “Project Freedom,” the geopolitical risk premium has receded, leading to lower oil prices, higher U.S. equities, and a weaker U.S. dollar—BTC has rebounded above $80,000, reflecting improved liquidity, a softer dollar, and rising risk appetite as a high-beta asset. However, the options market has not yet confirmed a full breakout: the one-month at-the-money implied volatility stands at approximately 41%, front-end volatility is weakening, and the 30-day risk reversal remains in a relatively elevated put-protective state at around −5.5 volatility points. QCP also cautions that Japan’s markets are emerging as a new macro stress point; further yen weakness and rising Japanese government bond yields could marginally tighten global liquidity. Currently, BTC needs to sustainably break above the $82,000–$83,000 range.