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Coinbase Cuts 14% of Workforce, Signals AI-Driven Future

Bitcoin Bitcoin Magazine 2026-05-05 12:20

Bitcoin Magazine Coinbase Cuts 14% of Workforce, Signals AI-Driven Future Coinbase CEO Brian Armstrong took to Twitter to announce that Coinbase will...

Massive $1.9 Million Loss Nukes 11 Winning Bitcoin Trades for Whale

Bitcoin Bitcoin.com News 2026-05-05 11:00

A trader closed a 700 bitcoin short position on Tuesday at a $1.94 million loss, erasing all $1.71 million in profits from 11 consecutive winning trad...

Russia’s Moscow Exchange to Launch SOL, XRP, Tron and BNB Crypto Indexes on May 13

Bitcoin Bitcoin.com News 2026-05-05 09:40

Russia’s Moscow Exchange (Moex) will begin publishing four new cryptocurrency indexes for solana ( SOL), XRP, tron ( TRX), and BNB starting May 13, ex...

Hut 8 Taps Falconx for $200M Facility, Drops Rate to 7% and Boosts BTC Access

Bitcoin Bitcoin.com News 2026-05-05 08:40

Hut 8 Corp. has entered into a $200 million, 364-day bitcoin-backed credit facility with Falconx, replacing its previous arrangement with Coinbase Cre...

Bitcoin Breaks $81,000 Behind ETF Inflows, Iran De-escalation and a Short Squeeze

Bitcoin Bitcoin.com News 2026-05-05 07:20

Bitcoin climbed above $81,000 on Tuesday for the first time since January, powered by $2.44 billion in April ETF inflows, geopolitical relief followin...

From Rebels to Banks: Why the Crypto Industry Is Finally Embracing Legacy Finance

Bitcoin Bitcoin.com News 2026-05-05 06:40

Spencer Bogart, general partner at Blockchain Capital, noted that while years ago fintech companies aimed to be bank-like but not banks, this trend ha...

UAE’s Innovation City Launches Blockchain-Based IDs, Pushing Firms to Instant Checks

Bitcoin Bitcoin.com News 2026-05-05 05:40

Innovation City, an AI-powered free zone in Ras Al Khaimah, has launched a blockchain-based digital business identity system to replace traditional an...

Prediction Market Traders Push April 2026 Volume to $8.6B, Kalshi Takes the Lead

Bitcoin Bitcoin.com News 2026-05-05 04:40

The prediction market sector posted $8.6 billion in taker volume during April 2026, with Kalshi overtaking Polymarket to claim the top spot, according...

Haun Ventures Unveils $1 Billion Fund to Build the Next Financial System

Bitcoin Bitcoin.com News 2026-05-05 03:40

The new fund will focus on supporting initiatives targeting innovation in three key areas: services for the new financial infrastructure, including cr...

Securitize Gets FINRA Approval to Broaden Tokenized Securities Operations

Bitcoin Bitcoin.com News 2026-05-05 02:40

Securitize Markets received expanded FINRA approval to custody, settle, underwrite, and distribute tokenized securities. The decision lets the broker-...

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