Author: Isabella Taylor

SharpLink reported $12.1 million in first-quarter 2026 revenue, up from $742,000 in the same period last year.  Summary SharpLink’s Q1 revenue rose to $12.1 million as ETH staking drove higher treasury income growth. Its 872,984 ETH treasury keeps SharpLink behind BitMine among public Ethereum treasury companies today. The Galaxy fund will test whether SharpLink can earn DeFi yield while managing risk. The company said the increase came mainly from its actively managed Ethereum treasury strategy, which began in June 2025. The Nasdaq-listed firm now presents itself as an institutional Ethereum treasury platform. Its website says SharpLink is listed under the…

MARA Holdings shares fell after the Bitcoin miner reported weaker first-quarter results and a wider loss.  Summary MARA posted $174.6 million in Q1 revenue, missing estimates as Bitcoin mining margins stayed pressured. The $1.3 billion loss came mainly from Bitcoin mark-to-market pressure in Q1 ending March 2026. MARA keeps Bitcoin mining as its base while AI data centers shape the next pivot. Revenue for the quarter ended March 31 dropped 18% year over year to $174.6 million, down from $213.9 million in Q1 2025. Wall Street had expected about $192.7 million.  The stock had closed Monday up 3.48% at $13.39,…

IREN has signed a $3.4 billion IREN Nvidia deal to deploy up to 5 gigawatts of AI infrastructure over five years. Summary IREN will provide Nvidia with managed GPU cloud services worth $3.4 billion over five years for the chipmaker’s internal AI and research workloads. Nvidia received a five-year warrant to purchase up to 30 million IREN shares at $70 each, representing a potential $2.1 billion equity stake. The partnership builds on IREN’s prior $9.7 billion agreement with Microsoft, pushing the company’s total committed revenue past $15 billion. Bitcoin miner turned AI infrastructure provider IREN has announced a five-year, $3.4…

American Bitcoin mined coins at $36,200 each in Q1 2026, cutting costs 23% and posting a 50% gross margin. Summary American Bitcoin cut its cost to produce one bitcoin by 23% to roughly $36,200 in Q1 2026, down from $46,900 in Q4 2025. The Trump family-linked miner posted a gross mining margin above 50% while most publicly listed rivals pivot capital toward AI infrastructure. Total fleet capacity reached 28.1 exahash by quarter-end, with the company holding roughly 7,021 BTC in its strategic reserve. American Bitcoin (ABTC), the Bitcoin mining company backed by the Trump family, cut its cost per coin…

Crypto compliance demand is surging as AI fraud evolves faster than firms can respond, Sumsub CEO Andrew Sever says. Summary Sumsub CEO Andrew Sever told Consensus Miami that sophisticated AI fraud attacks on crypto firms increased 180% year over year. Only 23% of crypto companies are ready to comply with new identity and fraud rules, according to Sumsub’s State of the Crypto Industry 2026 report. Chainalysis has separately launched blockchain intelligence agents to help compliance teams manage growing alert volumes at machine speed. Crypto compliance firms are reporting a sharp rise in demand as AI fraud attacks become faster, more…

Tom Lee has slowed Bitmine ETH purchases after the firm amassed over 5.2 million tokens and 4.3% of Ethereum’s supply. Summary Bitmine bought 26,659 ETH last week, worth roughly $63 million, down from over 100,000 ETH in each of the prior three weekly periods. Tom Lee said the previous pace would have taken Bitmine to its 5% Ethereum supply target by mid-July, prompting the slowdown. Bitmine holds over 4.7 million ETH staked, generating an estimated $319 million in annualised staking rewards at current yields. Bitmine Immersion Technologies (BMNR) bought 26,659 ETH last week worth roughly $63 million, sharply down from…

Ronin Ethereum is migrating to a Layer 2 on May 12 with roughly 10 hours of scheduled downtime. Summary Ronin will hard fork at block 55,577,490 on May 12, transitioning from an independent sidechain to an Ethereum Layer 2 on the OP Stack. All transfers, swaps, and smart contract interactions will pause for roughly 10 hours during the migration window. RON token inflation will drop from over 20% to below 1%, with 90 million RON redirected to the treasury as marketplace fees rise to 1.25%. Ronin, the gaming-focused blockchain behind Axie Infinity, is executing a hard fork on May 12…

Morgan Stanley launched a crypto price war on E*Trade at 50 basis points, undercutting Coinbase and Schwab. Summary Morgan Stanley launched a pilot on May 6 allowing E*Trade users to trade Bitcoin, Ether, and Solana at 50 basis points per trade via Zerohash. The fee undercuts Schwab’s 75bps, Fidelity’s 1%, and Coinbase’s retail rates, prompting Bloomberg analyst Eric Balchunas to warn crypto exchanges to be scared. Morgan Stanley plans to expand crypto access to all 8.6 million E*Trade clients later in 2026 alongside a proprietary digital wallet. Morgan Stanley has launched a crypto trading pilot on its ETrade platform at…

Corpay has launched stablecoin wallets for its 800,000 business clients through a new partnership with BVNK. Summary Corpay’s integration with BVNK lets clients hold, send, receive, and convert stablecoins alongside fiat balances inside its platform. The S&P 500 firm processes over $12 billion in corporate payments and $26 billion in FX volume monthly across 145 currencies. Corpay will also integrate stablecoin rails into its own treasury operations to reduce reliance on pre-funded accounts. Corpay (NYSE: CPAY) has announced a partnership with stablecoin infrastructure platform BVNK to provide embedded stablecoin wallets and settlement capabilities to its global client base. Clients can…

A logic bug in Huma’s legacy V1 Polygon credit pools let an attacker drain about $101,400 in USDC, but its Solana‑based PayFi V2 and PST token remain structurally unaffected. Summary Huma says deprecated V1 BaseCreditPool contracts on Polygon were exploited for roughly $101,400 in USDC and USDC.e as they were being wound down, while its live PayFi V2 on Solana was untouched. Blockaid traces the loss to a refreshAccount() logic flaw that flipped borrowers into “GoodStanding” without proper checks, letting the attacker withdraw from treasury‑linked pools in a single, scripted transaction. All remaining V1 contracts on Polygon are now paused,…