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…
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…
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…
Kazakhstan plans $1.9B data center hub amid persistent power shortages
Kazakhstan just signed a $1.9 billion agreement to build out a massive data center complex, betting it can become the go-to hub for AI infrastructure in Central Asia. The country’s Ministry of Artificial Intelligence and Digital Development inked the deal…
All Ripple Roads Lead Up? Analyst Maps 3 Bullish Outcomes for XRP
Here’s how XRP can skyrocket by at least 1,000%. Although most of the market saw notable gains over the past few weeks, with BTC surging to a multi-month peak at almost $83,000, Ripple’s cross-border token couldn’t really mimic the…
Pentagon publishes 162 UAP files including Apollo photos
The Pentagon released 162 UAP files on May 8, including NASA Apollo moon photos and 1965 astronaut audio Summary The Department of War posted 162 UAP files on May 8 at war.gov/ufo, covering sightings from 1942 to 2025, with 108…
European Central Bank’s Escrivá calls for finance infrastructure review due to AI risks
José Luis Escrivá, one of the European Central Bank’s most vocal voices on modernization, is pushing central banks to take a hard look at whether their financial infrastructure can survive the AI era. His message is straightforward: the systems that…
Is BTC Bracing for Another ‘Black Swan’ Event?
Over six years ago, BTC plummeted by 50% within a few days as COVID spread like wildfire. It’s like a few wars, rising inflation, and global uncertainty are not enough these days. Now, the world needs to pay attention…
