The May 1 difficulty adjustment dropped to 132.47 trillion after sustained hashrate fell below the symbolic one-zettahash threshold for the first time since February. The dip says more about how public miners are reallocating capex than about network security.
Binance launched Withdraw Protection on May 4, letting users freeze their account against on-chain withdrawals for up to seven days. A stricter lockdown mode disables early unlocking entirely. The feature exists because verified physical coercion attacks against crypto holders rose 75 per cent last year.
Western Union went live with USDPT, a dollar-backed stablecoin, on Solana on May 4. Anchorage Digital Bank is the issuer, and the company plans to use it for agent settlement, institutional listings, and a consumer payments product launching in more than forty countries this year.
NYSE Texas filed Rule 7.39 with the SEC on May 5 to allow tokenised versions of Russell 1000 stocks and major-index ETFs to trade alongside their traditional shares. The exchange used a procedural shortcut that made the rule effective on filing.
A CoinDesk poll of 1,000 registered voters published on May 3 found that 62 per cent do not trust the Trump administration to oversee the crypto sector, and 73 per cent — including 59 per cent of Republicans — oppose senior government officials holding personal business interests in the industry.
Spot Bitcoin ETFs recorded $532 million in net inflows on May 4, the third straight day of positive flows. BlackRock's IBIT alone pulled in $335 million; Fidelity's FBTC took $185 million. Everyone else split the remaining $12 million.
Base announced on May 4 that its Azul upgrade would integrate Succinct's SP1 zero-knowledge prover alongside its existing TEE proof system, with mainnet activation planned for May 13. The change cuts withdrawal finality from a multi-day challenge window to roughly one day — and makes Base the largest single Ethereum operator to put ZK proofs in production.
Kraken's deal with MoneyGram puts crypto-to-cash withdrawals in roughly 500,000 retail locations across more than 100 countries, weeks before the exchange's planned Nasdaq listing.
Aave's 29-page filing argues that briefly-stolen ETH cannot be treated as North Korean property, even when Lazarus Group was the thief — and warns the SDNY restraining order could chill every future DeFi hack recovery.
GameStop submitted a non-binding $55.5 billion offer for eBay, valuing the marketplace at $125 a share in a roughly even split of cash and stock. The funding mix — $9.4 billion of cash plus up to $20 billion of TD Securities-backed financing — leaves the company's 4,710 bitcoin treasury, worth around $368 million, on the table as a possible source of capital.
Coinbase will lay off roughly 660 employees and rebuild around AI-native pods, two days before reporting a quarter in which revenue fell 26 per cent and trading volume hit an 18-month low.
The Federal Reserve held its target rate at 3.5 to 3.75 per cent on Wednesday, but four members voted against the decision — the deepest split since October 1992. Bitcoin slipped from $76,200 to $75,440 in the first hour after the announcement.
A Galaxy Digital report finds 40 percent of publicly traded Bitcoin treasury companies trade below net asset value, with late entrants most exposed to forced liquidation or merger.
The International Monetary Fund has cautioned that moving trading infrastructure onto blockchain-based systems could accelerate financial crises beyond regulators' ability to respond, identifying four systemic risk categories in a landmark report.
The European Union's 20th sanctions package against Russia takes effect on May 24, banning EU persons from any transaction with Russian or Belarusian crypto-asset service providers — and, for the first time, with decentralised platforms operating from those jurisdictions.
BlackRock used the last day of the OCC's GENIUS Act comment window to demand the regulator scrap a proposed limit on how much of a stablecoin's reserves can be held in tokenised form. BUIDL backs more than 90 per cent of two of the largest crypto-native dollar tokens.
NYSE Texas filed Rule 7.39 with the SEC on May 5 to allow tokenised versions of Russell 1000 stocks and major-index ETFs to trade alongside their traditional shares. The exchange used a procedural shortcut that made the rule effective on filing.
The Trump-family crypto firm filed a defamation suit against Justin Sun in Florida state court two weeks after Sun sued it for fraud — turning a token-freeze dispute worth roughly $240 million into a contested public trial.
Binance launched Withdraw Protection on May 4, letting users freeze their account against on-chain withdrawals for up to seven days. A stricter lockdown mode disables early unlocking entirely. The feature exists because verified physical coercion attacks against crypto holders rose 75 per cent last year.
Western Union went live with USDPT, a dollar-backed stablecoin, on Solana on May 4. Anchorage Digital Bank is the issuer, and the company plans to use it for agent settlement, institutional listings, and a consumer payments product launching in more than forty countries this year.
Base announced on May 4 that its Azul upgrade would integrate Succinct's SP1 zero-knowledge prover alongside its existing TEE proof system, with mainnet activation planned for May 13. The change cuts withdrawal finality from a multi-day challenge window to roughly one day — and makes Base the largest single Ethereum operator to put ZK proofs in production.
Solana co-founder Anatoly Yakovenko told Ethereum Layer 2 users to "abandon all hope" of being quantum-safe over the weekend, citing fresh production hardening on Solana's Falcon-512 verification suite. The dig is more than tribal — the cryptographic argument has merit.
MoonPay went live Friday with the MoonAgents Card, a virtual Mastercard debit product that lets autonomous AI agents transact using stablecoin balances on Solana. Funds stay self-custodial; a smart contract authorises each purchase one transaction at a time.
·Aubrey Swanson
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