- Coinbase Reports 8.6% Record Market Share and $200 Million Derivatives Revenue07 May 2026 23:17
Coinbase reported record crypto market share as derivatives, stablecoins, and on-chain products gained traction. The company posted $202 billion in quarterly trading volume and said retail derivatives annualized revenue topped $200 million. Coinbase Hits Record Market Share as Derivatives Revenue Tops $200 Million Coinbase Global Inc. (Nasdaq: COIN) reported on May 7 that its first-quarter […] - Kalshi Hits $22 Billion Valuation After Massive $1 Billion Series F Funding Round07 May 2026 22:31
The leading prediction market closed its Series F funding round, led by Coatue, to reach institutions, which are Kalshi’s next target audience. The move comes as the company reported an astounding rise in annualized volume, going from $52 billion to $178 billion over the last six months. Kalshi Closes Series F Funding Round, Reaches $22 […] - California Man Gets 6½ Years as FBI Ties $250M Crypto Heists to Home Burglaries07 May 2026 21:20
A federal court has sentenced a California man to 78 months in prison for his role in a social engineering conspiracy that authorities say stole more than $250 million in cryptocurrency. The ‘Instrument of Last Resort’ A U.S. federal court has sentenced a California man to 6 1/2 years in prison for his role in […] - CLARITY Act Draft Circulates Ahead of Potential Senate Vote, Report07 May 2026 19:52
Senate Banking Committee action on the CLARITY Act is reportedly moving closer, with draft text circulated to select industry members before a potential Thursday vote. Unresolved bracketed sections, stablecoin rewards, and ethics restrictions remain central issues. Senate Banking Draft Moves Toward Thursday Committee Vote The Senate Banking Committee is reportedly moving closer to action on […] - Eric Trump at Consensus 2026: Why Big Finance’s Crypto Shift is Just the Beginning07 May 2026 19:05
Eric Trump has hyped the future of the crypto market, stressing that cryptocurrency is being adopted by large Wall Street companies like Merrill Lynch, Charles Schwab, and JPMorgan. In parallel, Trump also stated that digital assets democratized finance for everyday people. Eric Trump Predicts Explosive Growth of the Crypto Market While the cryptocurrency industry has […] - Bitcoin Drops Below $80K as Iran Rejects Trump Deal and Traders Dump $91M in Longs07 May 2026 18:29
Bitcoin reversed its weekly gains, dropping from a multi-month high of $82,833 to an intraday low of $79,500. The Iran Peace Deal Factor On May 7, bitcoin reversed course, dipping below $80,000 to effectively erase gains made since Monday. As shown by the daily chart, the top cryptocurrency—which reached a multi-month high of $82,833 some […] - Coinbase Gives Amazon Bedrock Agents Wallet Tools With USDC Settlement07 May 2026 17:22
Coinbase added x402 and wallet infrastructure to Amazon Bedrock Agentcore Payments, expanding payment tools for AI agents. The integration supports governed micropayments and USDC settlement across Base and Solana. Coinbase Gives Amazon Bedrock Agents Wallet Capabilities Crypto exchange Coinbase (Nasdaq: COIN) announced on May 7, 2026, that Amazon Bedrock Agentcore Payments now integrates its x402 […] - South Korea Pushes 22% Crypto Tax on Gains Above $1,850 Starting in January07 May 2026 16:40
The Ministry of Economy and Finance has officially confirmed that South Korea will begin taxing virtual assets starting January 2027. Official Stance on Implementation Timeline A top South Korean finance official reportedly confirmed that the government intends to begin taxing virtual assets in January as originally scheduled, marking the first time the Ministry of Economy […] - 21shares Launches First US Canton Network ETF on Nasdaq07 May 2026 15:48
21shares launched the 21shares Canton Network ETF on Nasdaq, giving U.S. investors regulated exposure to Canton Coin through a traditional investment vehicle. The product marks the first U.S. ETF designed to provide direct access to the Canton Network ecosystem. 21shares Brings Canton Network Exposure to US ETF Investors 21shares announced on May 7 the launch […] - Bitwise Enters Tokenized Fund Market With $278M USCC Takeover07 May 2026 15:09
Bitwise is entering tokenized funds by taking over USCC, a $277.8 million crypto carry fund that will keep its ticker, smart contracts, and token address. The move gives Bitwise its first tokenized fund while Superstate continues supporting the onchain infrastructure. Bitwise Enters Tokenized Funds With USCC Management Shift Bitwise Asset Management announced May 7 that […]