Canton Network Builder Nears 300M Raise Led by A16z Crypto
Institutional blockchain is having a moment. Digital Asset Holdings, the company behind Canton Network, is reportedly in advanced talks to raise $300 million at a $2 billion valuation, with a16z crypto leading the round. The Canton Network token (CC) is…
Is Bitcoin’s Rally Fake? Analyst Sees Massive Downside Ahead
Some market watchers see the recent recovery as the beginning of expansion, while others view it as exit liquidity. Pseudonymous crypto analyst Doctor Profit is predicting a steep Bitcoin (BTC) correction after the asset reclaimed the $82,000 level, warning…
CoW DAO approves compensation for cow.fi hijack victims, claims due May 14
CoW DAO approved CIP‑86 to offer discretionary grants of up to 100% to victims of April’s cow.fi domain hijack, with detailed claims due by May 14 and payouts targeted by May 31. Summary CIP‑86 sets up a one‑off discretionary grants…
Kuaishou plans $20B IPO for Kling AI video unit in 2027
Kuaishou Technology, the Chinese short-video platform, is reportedly planning to spin off its Kling AI video generation unit as an independent company and take it public by 2027. The target valuation: $20 billion. Kuaishou’s own market capitalization sat at roughly…
Solana and Google Cloud Team Up for Stablecoin-Powered AI Agent Payments
Developers can link a Solana wallet to AI tools like Claude Code or Gemini and have an agent accessing paid APIs within one minute. The Solana Foundation has partnered with Google Cloud to launch Pay.sh, a platform that allows…
Wall Street Giant Morgan Stanley Enters Crypto Race With Pricing Edge: Report
Morgan Stanley is bringing Bitcoin, Ethereum, and Solana trading to E*Trade clients soon. One of the world’s largest wealth management firms, Morgan Stanley, is all set to introduce cryptocurrency trading on its E*Trade platform, which it acquired for $13…
Solana ETFs Surge to $750M as Investors Largely Ignore Volatility
Despite volatile markets, Solana ETFs recorded $750M inflows, limited outflows, rising validator adoption, and rapid stablecoin growth. Spot Solana exchange-traded funds (ETFs) have continued to attract investor interest since their launch in the United States on October 28. According…
How $619M Midweek Bleed Was Erased by Massive One-Day Crypto Inflow
Ethereum and Solana saw notable exits, while Bitcoin and smaller assets helped stabilize flows during a volatile week for crypto funds. Digital asset funds posted $117.8 million in inflows, continuing a five-week streak, though this was the smallest weekly…
Connecticut passes sweeping AI regulation law SB5
Connecticut SB5 passed both chambers on May 1 and heads to the governor, making it one of the most comprehensive state AI laws in the US. Summary Connecticut SB5 passed 131-17 in the House and 32-4 in the Senate on…
Ethereum Faces Whale Pressure as Binance Deposits Hit $178 Million
Ethereum is navigating a period of heightened uncertainty after one of the most-watched wallets in crypto moved hundreds of millions of dollars worth of ETH onto Binance, sparking fresh debate about near-term price direction for the world’s second-largest cryptocurrency. The…
Boston Fed president Collins warns Iran conflict energy shocks could keep rates elevated, pressuring crypto
Susan Collins, president of the Boston Federal Reserve, used a May 7 appearance on Bloomberg’s “Big Take” podcast to deliver a message crypto investors probably didn’t want to hear: interest rates aren’t going anywhere. Collins pointed to energy shocks stemming…
Tom Lee Eyes $200K–$250K BTC and $12K–$22K ETH — Could Both Hit by End of 2026?
Tom Lee has never been shy about making big calls. But at the Consensus Miami 2026 conference on May 7, the Fundstrat Global Advisors co-founder didn’t just reaffirm his earlier targets — he raised them, framing the current market as…
Six Months in, the AGA Exodus Has Reshaped US Gambling’s Lobbying Landscape
Key Takeaways AGA Q1 2026 outlook: 81% of gaming executives flag prediction markets as “very significant” threat. Four major operators exited AGA in six months: Draftkings, Fanduel, Fanatics, and bet365. Senate Commerce subcommittee opens first prediction-markets hearing on May 20….
What Does ETH Need to Surge Past $3,000 Again as Whales Are Abandoning Ship?
Whales have reduced their ETH holdings by over 21% since the October peak. Ethereum’s native coin finally managed to break its all-time high during the 2025 rally, but only mildly compared to other assets, such as BTC. Its subsequent…
Meta’s Muse Spark ends its open-source AI era
Meta launched Muse Spark on April 8, its first fully closed AI model, abandoning its open-source Llama strategy Summary Meta launched Muse Spark on April 8, the first product from its Meta Superintelligence Labs unit, built from scratch by Alexandr…
Nigerian Fintech Paga Expands Into Tokenized Bonds and Real Estate Through Sui Partnership
Key Takeaways Paga partnered with Sui on May 7 to launch high-yield accounts and crypto rails for 1 billion people. Paga joins Flutterwave and Paystack in exploring blockchain for settlement, treasury and global payments Paga will use its $42 billion…
Bittensor’s SN68 subnet accelerates drug R&D at Metanova Labs
Getting a new drug from lab bench to pharmacy shelf typically takes more than a decade and costs billions of dollars. And after all that time and money, more than 90% of drug candidates still fail. Metanova Labs thinks decentralized…
Massive Double-Digit Gains From These Alts as BTC Returns to $80K: Weekend Watch
ONDO and JUP have stolen the show from the top 100 alts today. Bitcoin’s price slide below $80,000 didn’t last long, as the asset reclaimed that level yesterday following US President Trump’s announcement of a three-day ceasefire between Ukraine…