The Block

A much-anticipated hearing to vote on sweeping crypto legislation is happening, marking a second attempt in the Senate Banking Committee.

Lee Reiners argues World Liberty's so-called governance token is not a so-called digital commodity or pure governance tool.

Bitcoin holders are increasingly taking profits after the rally, though a correction may still take time to materialize, CryptoQuant said.

Vibes are on the upswing a week after lawmakers reached a compromise on what had become a major sticking point in passing crypto legislation.

There has been 34 verified incidents globally, a 41% increase from the same period in 2025, CertiK said in a report published Friday.

Other notable firms in digital assets industry, including Paxos, BitGo, and Circle have also sought approval from the OCC.

The SEC needs to clear up how its regulatory framework applies to software applications, said its Chair Paul Atkins on Friday.

Former pure-play bitcoin miners like TeraWulf are starting to report AI and HPC revenue overtaking their mining segments.

Bernstein analysts set $100 IREN target after NVIDIA deal, citing $3.4B cloud contract and 76% implied upside.

Bitcoin holds near $80,200 after April nonfarm payrolls beat expectations as Iran tensions and ETF outflows check the rally.

The analysts maintained an outperform rating and $330 price target on Coinbase despite weaker first-quarter results.

Senator Elizabeth Warren questioned Meta over its stablecoin trial, citing Libra risks and 2026 integration plans.

The ECB President argued that euro-denominated stablecoins risk financial stability and monetary policy, pushing for a digital euro instead.

South Korean authorities are also planning to start imposing a 22% capital gains tax on crypto from January 2027.

Coinbase resumes trading after hours of AWS-linked disruption, restoring markets following 'Cancel Only' and auction-mode restrictions.

Taiwan prosecutors indicted a news anchor for allegedly accepting crypto payments from an "overseas hostile force" to produce news shows.

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

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

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

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

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

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

Alongside the AI infrastructure expansion, Nvidia took warrants that may eventually convert into a $2.1 billion stake in IREN.

Investors are increasingly choosing bitcoin over gold as a debasement trade since the Iran conflict began, JPMorgan analysts said.