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US sentences ‘laptop farmers’ tied to North Korean IT worker scheme
markets
CoinTelegraphMay 8, 2026

US sentences ‘laptop farmers’ tied to North Korean IT worker scheme

The Justice Department said two men were sentenced for hosting laptops used by North Korean IT workers, bringing the total to eight sentences in five month.

Arbitrum DAO approves $70 million ETH release for Kelp DAO recovery
ethereum
The BlockMay 8, 2026

Arbitrum DAO approves $70 million ETH release for Kelp DAO recovery

However, a May 1 court order restricted Arbitrum DAO from moving the recovered funds, prompting Aave to file an emergency motion against it.

Aptos commits $50M to AI agent infrastructure push
regulation
CoinTelegraphMay 8, 2026

Aptos commits $50M to AI agent infrastructure push

The Aptos Foundation said building infrastructure that enables sub-second finality without the need for human intervention is a key to supporting the next .

Consensus panelists explain why Perp DEXes remain a tough sell for institutional investors
markets
CoinDeskMay 8, 2026

Consensus panelists explain why Perp DEXes remain a tough sell for institutional investors

Consensus panelists explain why Perp DEXes remain a tough sell for institutional investors.

AWS Northern Virginia data center overheats, impacting Coinbase
exchanges
CoinTelegraphMay 8, 2026

AWS Northern Virginia data center overheats, impacting Coinbase

Coinbase said on Friday its markets are being placed in “cancel only” mode but will begin to re-enable trading “shortly.”.

AI agents could solve crypto’s user problem
markets
CoinDeskMay 8, 2026

AI agents could solve crypto’s user problem

AI agents could solve crypto’s user problem.

Aptos commits $50 million across ecosystem projects, including agentic AI
ethereum
The BlockMay 8, 2026

Aptos commits $50 million across ecosystem projects, including agentic AI

Aptos announced a $50 million commitment to grow the blockchain's ecosystem, covering first-party products and protocol infrastructure.

Chaos Labs says oracles secure after attempted ‘nation-state’ wallet attack
regulation
CoinTelegraphMay 8, 2026

Chaos Labs says oracles secure after attempted ‘nation-state’ wallet attack

Chaos Labs said it rotated all keys after the weekend attack attempt and has not detected further suspicious activity.

Bitcoin slips to $79,000, DOGE leads majors losses as negative funding rates set 10-year record
bitcoin
CoinDeskMay 8, 2026

Bitcoin slips to $79,000, DOGE leads majors losses as negative funding rates set 10-year record

Bitcoin slips to $79,000, DOGE leads majors losses as negative funding rates set 10-year record.

Coinbase shares slide on $400M Q1 loss, revenue miss
exchanges
CoinTelegraphMay 8, 2026

Coinbase shares slide on $400M Q1 loss, revenue miss

Coinbase financial chief Alesia Haas said “macro conditions were genuinely tough,” while CEO Brian Armstrong highlighted a plan to diversify beyond spot tr.

Block Inc rises 8% as Q1 gives ‘earnings surprise’ despite Bitcoin dip
bitcoin
CoinTelegraphMay 8, 2026

Block Inc rises 8% as Q1 gives ‘earnings surprise’ despite Bitcoin dip

Block’s Q1 earnings beat estimates despite Bitcoin revenue falling 26% on changing Bitcoin “trading dynamics” and reducing fees on Cash App transactions.

Solv Protocol drops LayerZero in favor of Chainlink for $700 million tokenized bitcoin
bitcoin
The BlockMay 8, 2026

Solv Protocol drops LayerZero in favor of Chainlink for $700 million tokenized bitcoin

It cited security as the core reason for the migration, in an apparent response to the recent exploit of LayerZero-powered Kelp DAO.

Hyperliquid Strategies posts $165 million net loss for nine months ended March 31 as HYPE treasury grows
markets
The BlockMay 8, 2026

Hyperliquid Strategies posts $165 million net loss for nine months ended March 31 as HYPE treasury grows

The firm has deployed $216 million to acquire approximately 7.3 million HYPE tokens since its inception in December 2025.

Bitcoin bulls target $115K by December: Does data back the expectation?
bitcoin
CoinTelegraphMay 8, 2026

Bitcoin bulls target $115K by December: Does data back the expectation?

Bitcoin options show bulls targeting $115,000 by year-end but are traders becoming overly optimistic?.

US Treasury ‘privately demanded’ Binance comply with monitoring deal: Report
exchanges
CoinTelegraphMay 8, 2026

US Treasury ‘privately demanded’ Binance comply with monitoring deal: Report

US Treasury officials reportedly sent a letter to Binance pressing the crypto exchange on compliance with a 2023 deal, after reports circulated that the co.

Solv Protocol Will Dump LayerZero, Migrate $700M Tokenized Bitcoin Tech to Chainlink
bitcoin
DecryptMay 8, 2026

Solv Protocol Will Dump LayerZero, Migrate $700M Tokenized Bitcoin Tech to Chainlink

Solv Protocol will move its tokenized Bitcoin infrastructure to Chainlink, following Kelp DAO's lead after it blamed LayerZero for a hack.

CLARITY Act markup could happen as early as next week: Coinbase exec
regulation
CoinTelegraphMay 8, 2026

CLARITY Act markup could happen as early as next week: Coinbase exec

The provisions in the crypto market structure bill are still under review by the banking and crypto lobbies as a new poll shows bipartisan voter support fo.

Trump Sons Haven't Abandoned World Liberty Financial, Crypto Firm Insists
regulation
DecryptMay 8, 2026

Trump Sons Haven't Abandoned World Liberty Financial, Crypto Firm Insists

World Liberty co-founder Zach Witkoff also said Thursday that the crypto firm is “in the final stages” of receiving bank charter approval from the Trump ad.

Bitcoin exchange reserves fall to two-year low after $8B exodus
bitcoin
CoinTelegraphMay 7, 2026

Bitcoin exchange reserves fall to two-year low after $8B exodus

Nearly 100,000 Bitcoin exited major exchanges as OTC balances tightened and demand from accumulator addresses increased by 60%, pointing to reduced liquid .

Coinbax wins $20,000 PitchFest prize at Consensus Miami for stablecoin compliance
markets
CoinDeskMay 7, 2026

Coinbax wins $20,000 PitchFest prize at Consensus Miami for stablecoin compliance

Coinbax wins $20,000 PitchFest prize at Consensus Miami for stablecoin compliance.

Crypto PACs spend $7.2M to support candidates in 5 US states ahead of elections
markets
CoinTelegraphMay 7, 2026

Crypto PACs spend $7.2M to support candidates in 5 US states ahead of elections

Two affiliates of the crypto-backed PAC Fairshake reported media buys for political candidates in Georgia, Alabama, Nebraska, Kentucky and Texas this week.

Coinbase Shares Slide as Crypto Giant Reports $394 Million Q1 Loss
regulation
DecryptMay 7, 2026

Coinbase Shares Slide as Crypto Giant Reports $394 Million Q1 Loss

Crypto exchange Coinbase reported a consecutive quarterly loss as transaction revenue plummeted 40% amid a volatile market.

Coinbase loses nearly $400 million in Q1 as CEO seeks to reduce dependence on spot crypto trading
exchanges
The BlockMay 7, 2026

Coinbase loses nearly $400 million in Q1 as CEO seeks to reduce dependence on spot crypto trading

The company is transforming from a "spot-focused crypto platform to a place" where users can trade many asset classes.

Dorsey’s Block raises full-year guidance after ‘strong’ Q1, records $173 million bitcoin remeasurement loss
bitcoin
The BlockMay 7, 2026

Dorsey’s Block raises full-year guidance after ‘strong’ Q1, records $173 million bitcoin remeasurement loss

Cash App's bitcoin business was down 31% year-over-year, while Square reported a negligible gross profit impact from crypto.

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