Markets

Sports betting should be regulated as a financial product, not gambling, aspiring prediction market provider says

Novig CEO Jacob Fortinsky said his company will transition to a federal Designated Contract Market framework this summer to launch in all 50 states, while 57 Maiden’s Adam Mastrelli said he was banned from two major sportsbooks within two months……
May 9, 2026 • Editorial Desk
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Infrastructure

Why a 2017 Linux bug is now a major concern for the crypto industry

The “Copy Fail” Linux bug could impact crypto infrastructure that relies on Linux servers, highlighting growing cybersecurity risks in the…
May 9, 2026
AI

TeraWulf doubles AI revenue but posts $427M quarterly loss as mining income declines

TeraWulf’s HPC lease revenue jumped 117% quarter-on-quarter to $21 million, but a $427 million net loss highlights the costs of…
May 9, 2026
Markets

Bankers are scrambling as Senate schedules CLARITY Act markup for May 14

The Senate Banking Committee plans to mark up the CLARITY Act on May 14, giving the stalled crypto-market-structure bill its…
May 9, 2026
Uncategorized

Hyperliquid by the Numbers: How HYPE’s Valuation Stacks Up Against Robinhood and CME Group

When traditional finance analysts evaluate a trading platform’s valuation, they turn to enterprise value-to-revenue multiples. By that metric, Hyperliquid (HYPE)…
May 9, 2026
Markets

Olympic Sprinter Can't Outrun Charges in UK Crypto Fraud Investigation

U.K. police charged British sprinter CJ Ujah in an alleged crypto fraud scheme involving wallet seed phrase theft and impersonation…
May 9, 2026
Markets

Bitcoin briefly slips below $80,000, but options traders are betting the dip won’t last

Bitcoin’s brief drop below $80,000 during the last 24 hours has exposed a more fragile market after weeks of gains,…
May 9, 2026
Markets

The SEC looks at a 1990s fix for crypto markets to allow true “innovation pathway”

In a May 8 speech, SEC Chair Paul Atkins said the agency could consider a limited “innovation pathway” for on-chain…
May 9, 2026
Regulation

CLARITY Act sees ‘big step forward’ as markup set for May 14

Coinbase chief policy officer Faryar Shirzad said the date is a “big step forward” and is essential for supporting innovation…
May 9, 2026
Infrastructure

LayerZero Admits Mistake in 1/1 DVN Setup Tied to $292M Kelp Hack

LayerZero Labs acknowledged a Lazarus Group attack on internal RPCs and a multisig signer’s unauthorized personal trade, impacting 0.36% of…
May 9, 2026