Key Takeaways Casino.org, Casino Guru, and Covers.com are now inside Genius Sports platform after the $1.2 bn Legend acquisition close. Q1 revenue beat consensus by 10% at $188M, while EPS missed by 20x at -$0.21 on acquisition costs. Q2 forecast projects $185M revenue with $45M EBITDA, nearly doubling Q1 margin from Legend integration. The London-based,…
Key Takeaways Coinbase reached 8.6% crypto trading volume market share, setting a new company high. Derivatives adoption lifted retail annualized revenue above $200 million, expanding Coinbase’s revenue mix. Base and USDC activity could further strengthen Coinbase’s role in digital payments. Coinbase Hits Record Market Share as Derivatives Revenue Tops $200 Million Coinbase Global Inc. (Nasdaq:…
A federal court has sentenced a California man to 78 months in prison for his role in a social engineering conspiracy that authorities say stole more than $250 million in cryptocurrency. The ‘Instrument of Last Resort’ A U.S. federal court has sentenced a California man to 6 1/2 years in prison for his role in…
Key Takeaways Senate Banking leaders reportedly circulated the CLARITY Act draft text before a potential Thursday committee vote. Unresolved bracketed sections, ethics language, and stablecoin rewards remain key sticking points. Polling found 52% of voters support the CLARITY Act after a neutral description. Senate Banking Draft Moves Toward Thursday Committee Vote The Senate Banking Committee…
Key Takeaways Coinbase integrated x402 and wallet infrastructure into Amazon Bedrock Agentcore Payments for AWS developers. Agent payments include spending limits, compliance checks and transaction visibility. Developers may connect agents to x402 services for search, data, evaluations, and backend setup. Coinbase Gives Amazon Bedrock Agents Wallet Capabilities Crypto exchange Coinbase (Nasdaq: COIN) announced on May…
Key Takeaways 21shares launched TCAN on Nasdaq with direct exposure to Canton Coin. U.S. investors gain regulated access to Canton’s privacy-enabled blockchain infrastructure. Validator participation extends 21shares’ role across Canton Network operations. 21shares Brings Canton Network Exposure to US ETF Investors 21shares announced on May 7 the launch of the 21shares Canton Network ETF (Nasdaq:…
Key Takeaways John Bollinger made his first bullish call since 2025, fully investing in Bitcoin to ride the next market breakout. Following a 30-day rally, Tom Lee echoed this shift, predicting that a Bitcoin spring is the next market phase. Defying April tensions, Bitcoin topped $80K, prompting Bollinger to predict further near-term market gains. Bollinger…
This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets nexus. The company said Tuesday it plans to scale its Muskogee, Oklahoma campus to roughly 1.5 gigawatts of gross power, or about 1 gigawatt of…
Key Takeaways Pavel Durov announced Telegram will replace the TON Foundation as the network’s largest validator. Toncoin (TON) surged 32% to $2.89 by May 7, 2026, as market caps hit $7.6 billion and flipped LINK. Integration with hundreds of millions users and the Clarity Act may drive a supply lock-up via 20% plus staking APR….
CCP Games, the developer of the spaceship MMORPG EVE Online and web3 game Eve Frontier, has transitioned into an independent entity and rebranded as Fenris Creations following a $120 million USD buyout from former parent company Pearl Abyss. The transaction, which includes both cash and non-cash elements, returns the studio to a private ownership structure…
