Amazon lets AI bots pay in USDC via Coinbase x402
Coinbase x402 is now native to Amazon Bedrock AgentCore, letting AI agents pay for services in USDC without human input Summary AWS launched Amazon Bedrock AgentCore Payments on May 7, with Coinbase x402 and wallet infrastructure embedded to give AI…
Seven major Bitcoin mining pools join Stratum V2 working group
Seven of the biggest names in Bitcoin mining just agreed to sit at the same table. AntPool, Block Inc., F2Pool, Foundry, MARA Foundation, SpiderPool, and DMND have all joined the Stratum V2 working group, a collaborative effort to overhaul the…
US Credit Card Debt Hits Record $1.33 Trillion as Savings Rate Crumbles
Key Takeaways U.S. credit card debt hit a record $1.33T in May 2026, the highest since the Fed began tracking. The personal savings rate fell to 4.0% in Q1 2026 as average credit card APR reached 21%. Bitcoin advocates cite…
Trump-Backed American Bitcoin Posts $82M Loss Despite Record BTC Mining Output
Despite the headline loss, the company emphasized that it continued accumulating Bitcoin rather than selling into weakness. American Bitcoin (ABTC), the Trump family-backed BTC company, released its Q1 2026 financial results earlier in the week, and they showed a…
Banks try to kill the CLARITY Act
The US banking lobby is mounting a last-minute push to stall the CLARITY Act just days before its scheduled Senate Banking Committee markup on May 14. Summary Five major banking groups jointly rejected the Tillis-Alsobrooks stablecoin yield compromise, calling it…
Bitcoin Mining Pool Giants Foundry, Antpool and F2pool Signal Stratum V2 Shift
Key Takeaways Antpool, F2pool, Foundry, and 4 others joined the Stratum V2 Working Group on May 7, 2026. Stratum V2 offers miners up to 7.4% higher profitability through lower latency and better fee capture. Braiins and Spiral founded the Working…
Venezuela transfers 13.5 kilograms of enriched uranium to US with UK support
Venezuela just shipped its entire stockpile of highly enriched uranium to the United States. The 13.5 kilograms of HEU, roughly 30 pounds, traveled overland 100 miles to a Venezuelan port before crossing the Atlantic on a British vessel bound for…
Hacker Drains $5.9M From Ethereum Liquidity Provider TrustedVolumes
Early reports framed the incident as a 1inch exploit, but the protocol clarified that it was not compromised and no user funds were affected. TrustedVolumes, a liquidity provider on the Ethereum blockchain, lost about $5.9 million in funds to…
Ethereum’s DeFi TVL Dominance Drops to 53%, Approaching Multi-Year Low
Key Takeaways Ethereum’s DeFi TVL share fell from 63.5% to 53% between January 2025 and May 2026. Defillama data shows Ethereum holds around $45B TVL, with Solana and BNB Chain gaining ground. Layer-2 chains like Base (5.31% TVL share) are…
Stablecoin execs warn on hard part ahead
Executives from MoonPay, Ripple, and Paxos said at Consensus Miami 2026 that stablecoin regulation has accelerated institutional adoption but that major infrastructure and privacy gaps still block mainstream use. Summary MoonPay VP Richard Harrison said the GENIUS Act gave firms…
