US stocks showed mixed performance today. Dow Jones dipped 0.08%, while Nasdaq (+0.59%) and S&P 500 (+0.36%) closed higher. Crypto-related stocks rallied, with Coinbase (COIN) up 4.46% and Robinhood (HOOD) soaring 10.64%.
#crypto #blockchain #news
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Spot gold hits new highs, surpassing $4,500/oz! Trading at $4,501.62, up 1.01% today. #gold #markets
Coinbase's DRV-USD trading pair is now in call auction mode. Users can submit limit orders and see the estimated opening price. No orders will match for at least 10 mins. After the auction, orders will execute at the opening price. Coinbase also announced DRV/META spot trading support in eligible regions starting May 27 (ET), pending liquidity. Call auctions are standard for new/less liquid pairs to aid price discovery & ensure orderly launches, letting participants gauge demand/supply before live trading begins. #Coinbase #DRV #META #CryptoTrading
Sui Network Mainnet is experiencing a stall, impacting write operations. The Sui core team is working on a fix.
WalrusProtocol, built on Sui, reports its Walrus Mainnet is also affected, unable to handle writes. However, direct read functionality via aggregators is still operational.
#SuiNetwork #WalrusProtocol #blockchain #statusupdate
Nasdaq Composite hits a new record high, surpassing 30,170 points! ๐ U.S. tech stocks showing continued strength, according to Bybit data.
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$805M crypto liquidations in 24hrs. Longs bore the brunt ($740M lost), while shorts saw $65M liquidated. BTC & ETH hit hard: BTC $313M, ETH $188M. Data via CoinAnk.
#crypto #blockchain #news #BTC #Bitcoin
Coinbase's Q1 2026 report reveals a substantial Solana staking presence: ~40.48M SOL staked (9.52% of total), using 23 self-built bare-metal nodes across 6 countries. Their validators achieved ~7.02% APY (vs. 6.95% network average) with a low block miss rate of 0.041% (vs. 0.198% average). Coinbase uses a multi-client architecture (Harmonic, Jito, JitoBAM, Rakurai, Firedancer) and is testing Solana's "Alpenglow" consensus upgrade and "DoubleZero" fiber optic project for future ecosystem enhancements.
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SEC Chairman Paul Atkins promises regulatory clarity for digital assets under Trump admin. Historical uncertainty led crypto entrepreneurs abroad, but Atkins declares this era "over." SEC plans to work with govt. & Congress to offer "much-needed regulatory clarity" via legislative proposals like the "Clarity Act" to define compliance pathways & boundaries for digital asset businesses.
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Sequans Communications, a Paris-based IoT chip company, has completed its Bitcoin treasury wind-down. The company sold ~80% of its Bitcoin holdings to settle outstanding convertible bonds, successfully redeeming them all. Sequans now holds 658 BTC, which it plans to "monetize over time." Previously, the company raised $385M to fund its Bitcoin treasury, once holding ~3,000 BTC. Having shifted its strategy, Sequans will now concentrate on its core IoT chip business, including 4G/5G, RF transceivers, and defense/drone tech.
#crypto #blockchain #news #BTC #Bitcoin
Sui Mainnet Outage: Transactions halted. Sui Core team investigating. No ETA for resolution. Monitor official channels for updates. #Sui #NetworkOutage
YZi Labs launches Creator Program for Web3 & AI! ๐ Curated network of creators in Web3, AI & frontier tech. Get distribution via YZi's 300+ portfolio companies. Priority access to founders. Projects can connect with creators skilled in product visions/narratives. #Web3 #AI #CreatorEconomy #Nostr
Lightning Capital launches $100M "AI Ripple Effect" early-stage fund. Appoints Michele Griffin (ex-a16z partner) as Managing Partner & COO. Fund invests in startups focused on AI implementation's secondary impacts (sectors, infra, work methods). Also offers secondary market & cash management strategies for family offices/corporate investors.
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US & Iran reportedly agree on 60-day ceasefire memo, awaiting Trump's final approval. AXIOS reports US/Iran negotiators reached deal to extend ceasefire & discuss nuclear program. Trump still needs to approve.
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Microsoft set to unveil new AI models at developer conference next week. Sources say a key focus is a new code-specific model to boost GitHub Copilot. This comes amid intensifying competition from tools like Cursor and Claude Code. Microsoft also expected to introduce other AI models for speech-to-text, reasoning, audio processing, and image generation.
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Vitalik Buterin (Ethereum co-founder) proposes standardized RAM tiers for local LLMs. He suggests 96GB as a feasible upper limit for VRAM, while reserving ~32GB for other tasks. Buterin advocates for tiers like 2GB, 8GB, 24GB, 96GB, 256GB, and 1TB to improve LLM deployment efficiency and compatibility across hardware. #LLM #AI #Ethereum
AI financial data infrastructure company Daloopa has raised $47M in Series C funding, led by Brighton Park Capital. The capital will fuel expansion of engineering, product, & sales teams. Daloopa aims to provide investment institutions with auditable, structured financial data for AI workflows like valuation & portfolio modeling. Currently serving 160+ financial institutions & covering 5,500+ public companies globally, their data is traceable to original disclosure sources. Services are available via APIs. #AI #Finance #VentureCapital #Funding
Report: Trump Admin Urged Bureau of Engraving & Printing to Create $250 Bill with Trump's Portrait. This would have been the first time a living person was on US currency in over 150 years. Mockups were presented last August. A supervisor reportedly refused to cooperate and was reassigned, stating, "My responsibility ends with me." - Via The Washington Post
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Bit Digital ($BTBT) reports a $3M unrealized loss on its recent $20M ETH investment. The company bought 8,568 ETH at an avg. price of $2,334, with ETH later dropping below $2,000. Total ETH holdings now ~158,462 ETH ($313M). Bit Digital is shifting from Bitcoin mining to a "strategic asset company" focused on ETH reserves, AI infra, and M&A. Some ETH is staked for yield.
#crypto #blockchain #news #BTC #Bitcoin
US markets opened lower: Dow down 0.69%, Nasdaq -0.04%, S&P 500 -0.25%. Crypto stocks also feeling the heat. Coinbase (COIN) down 2.43%, Robinhood (HOOD) slipped over 3.44%.
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VanEck launches first Spot BNB ETF in the US (VBNB). Offers direct exposure to BNB's spot price, backed by physical BNB in Anchorage Digital Bank cold wallets. Management fee: 0.39%. Staking functionality excluded for now, but potential provision in prospectus. VanEck filed in May 2025; Grayscale also pursuing similar products.
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