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news.bitcoin.com Core Scientific Buys Polaris Bitcoin Mine for $421M Oklahoma AI Power Expansion

Core Scientific (NASDAQ: CORZ) is expanding its Oklahoma footprint through a $421 million acquisition of a neighboring bitcoin mining operation, as the company races to assemble gigawatt-scale power capacity for AI and high-performance computing customers. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The […]

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bitcoinist.com Ripple, Mastercard And JPMorgan Complete XRP Ledger Settlement Trial

Ripple, Ondo Finance, Mastercard and Kinexys by J.P. Morgan have completed a pilot transaction connecting the XRP Ledger with interbank settlement rails, marking a notable test of how tokenized assets can be redeemed across public blockchain infrastructure and global bank networks. The transaction involved a redemption of Ondo’s tokenized US Treasury product, OUSG, with the […]

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blockmanity.com Crypto Market Dip Today: Exploring the 0.59% Decline, Bitcoin Rejection, and Path Forward

What’s Happening in the ? The crypto market is feeling some pressure right now. It’s down about 0.59% today. The total market value has dropped to $2.65 trillion. That’s a loss of around $15.83 billion from yesterday’s close. Many traders […] The post Crypto Market Dip Today: Exploring the 0.59% Decline, Bitcoin Rejection, and Path Forward appeared first on Blockmanity.

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news.bitcoin.com Quantmap Co-Founder Warns Single-Platform Influencers Could Be Hiding Botted Fans

To combat fraud by so-called influencers, Quantmap co-founder Ivan Patriki encourages investors to vet influencers by looking for authentic, cross-platform engagement. The Collapse of Influence A study conducted in late 2024 pulled back the curtain on the “shill culture” permeating the Web3 ecosystem after revealing that a staggering 76% of X-based influencers leveraged their platforms […]

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forklog.media Hut 8 Shares Surge 35% Following $9.8 Billion Deal

The bitcoin mining company Hut 8 has secured a lease agreement for the Beacon Point campus in Texas valued at $9.8 billion. The firm's shares rose by more than 35%. Source: Google Finance. The tenant, whose name remains undisclosed, will utilize Hut 8's facilities to train neural networks based on NVIDIA architecture. Should the partner exercise all available extension options, the total contract value could exceed $25 billion. Hut 8's CEO, Asher Genut, noted that the company is transforming from a miner into an energy infrastructure platform, with access to electricity becoming a key competitive advantage in the tech industry.  In the first quarter of 2026, the company reported a net loss of $253 million, compared to $134 million the previous year. Revenue increased to $71 million, driven almost entirely by computing services. By the end of the quarter, Hut 8 held cash and bitcoins worth $1.3 billion. Capacity Expansion Another major player, Core Scientific, has acquired competitor Polaris DS LLC from Oklahoma for $421 million. The deal will provide the buyer with access to 440 MW of capacity. The company will direct these new resources towards developing artificial intelligence infrastructure. The 40-acre Polaris facility is located near Core Scientific's existing data center in Muskogee. The transaction is set to close in the third quarter of 2026, pending regulatory approval. Following the news, Core Scientific's shares (CORZ) rose by 11% to $24.63. Source: Google Finance. Company head Adam Sullivan stated that the acquisition will help scale capacity to the gigawatt level. Core Scientific is constructing a new 82.5 MW facility in Muskogee. The project's goal is to increase the campus's total capacity to 1 GW for AI leasing needs. American Bitcoin's Results Hut 8-affiliated company American Bitcoin (ABTC), co-founded by Eric Trump, has released its financial report for the first quarter of 2026. The net loss amounted to $81.8 million, compared to $59.5 million in the previous period. Mining revenue fell to $62.1 million. The primary cause of the losses was the impairment of digital assets by $117.2 million due to a 22% drop in bitcoin prices. Operating expenses reached $150.7 million. CEO Mike Ho described the loss as "paper": according to him, excluding asset revaluation, the core business remains profitable. The company did not sell any coins during the quarter. Key metrics: 817 BTC mined (a company record); 803 BTC purchased for reserves; Total assets increased to 7021 BTC; "Satoshis per share" rose by 20%. The cost of mining one bitcoin decreased by 23% to $36,200. The company increased production volumes while maintaining fixed costs and controlling electricity expenses. The mining gross margin remained above 50%. ABTC shares responded to the report with a 1.63% increase to $1.25. Source: Google Finance. In May, the American startup Panthalassa, which is developing autonomous floating data centers powered by wave energy, raised $140 million at a valuation of around $1 billion. 

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forklog.media Durov Claims TON Leads L1 Networks in Transaction Finalization Speed

The Open Network (TON) blockchain leads in transaction finalization speed, achieving this in less than one second, according to Telegram founder Pavel Durov. The comparison was conducted in April 2026 among leading L1 networks ranked by CoinMarketCap. Second-layer solutions and specialized trading blockchains like HyperEVM by Hyperliquid were not included in the sample. Finalizing a block in TON takes approximately 0.6 seconds. For Avalanche, it is about one second, BNB takes roughly 1.125 seconds. Hedera requires 2-3 seconds, XRP Ledger 3-5 seconds, Ethereum about two epochs, and Bitcoin nearly six confirmations (approximately one hour). TON Rally In the past 24 hours, Toncoin has risen by 20.7%, and over the week, it has increased by more than 102%. At the time of writing, the asset is trading around $2.6 — the highest level since July 2025. Hourly chart of TON/USDT on Binance. Source: TradingView. The coin's market capitalization exceeded $7 billion, bringing TON back into the top 20 largest digital assets. The rise of Toncoin was supported by news from The Open Network ecosystem. In April, developers activated the Catchain 2.0 update, which reduced fees "almost to zero." Later, Durov announced that Telegram would become the main developer and largest validator of the network. Santiment analysts recorded that on May 5, TON was mentioned 91 times on social media in four hours — about six times more than usual. This level of activity persisted for several hours. TON is up ~69% after Pavel Durov announced Telegram will replace the TON Foundation, become the largest validator, and cut fees ~6x (Santiment MCP + Claude):📈 Price: $1.30 (May 3) → $2.20 (now).📊 Social mentions hit 91 in a single 4h window on May 5 — roughly 6x baseline,… pic.twitter.com/R3Ul3GLWcb— Santiment Intelligence (@SantimentData) May 6, 2026 According to them, the asset attracted attention amid the reorganization. Experts pointed out a contradiction: the freezing of Arbitrum stolen funds from Kelp caused a trust crisis, while the centralized support of TON by Telegram was perceived by the market as a positive signal. "Same model, opposite reaction. Is context more important than ideology?" wrote Santiment. Altseason? The rapid growth is also shown by the anonymous cryptocurrency Zcash — since the beginning of May, the asset has risen by 70%. On May 6, the coin's price rose above $585 for the first time since November 2025. At the time of writing, ZEC is trading around $565 (-1% for the day). Hourly chart of ZEC/USDT on Binance. Source: TradingView. Last week, another private token — Dash — showed similar dynamics: quotes rose by almost 60% to $52.1. Besides them, Internet Computer, Cardano, Sui, Ondo, and Hyperliquid have also grown significantly. Santiment called the developments "mild whispers of the start of altseason." 🤑 Some mild whispers of #altseason are beginning to emerge as altcoins like $TON, $ICP, $ADA, $SUI, $ONDO, and $HYPE have had nice starts to the week.🔗 Bitcoin’s own emergence above $81.7K has allowed profits to begin trickling into long-dormant projects. Our screener is here… pic.twitter.com/ULvoWe5tiG— Santiment Intelligence (@SantimentData) May 6, 2026 Earlier in May, an analyst under the pseudonym Darkfost also noted signs of stabilization in the altcoin sector. Meanwhile, BitMEX co-founder Arthur Hayes predicted the collapse of most coins.

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blockonomi.com Shell (SHEL) Stock Drops Despite Strong Q1 Earnings: Production Decline and Peace Talks Take Center Stage

Shell (SHEL) stock fell despite strong Q1 earnings of $6.92B. Oil output dropped 4% and U.S.-Iran peace talk speculation pressured crude prices. The post Shell (SHEL) Stock Drops Despite Strong Q1 Earnings: Production Decline and Peace Talks Take Center Stage appeared first on Blockonomi.

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cryptopotato.com Why More People Are Choosing Crypto-Friendly Gift Card Platforms

Crypto-friendly gift card platforms are designed to make it very easy to convert digital assets into real purchases. Now more than ever, users are buying gift cards with crypto on CoinsBee to shop online, access global brands, and spend their cryptocurrencies without having to trely on traditional payment methods. It’s one thing to own crypto, […]

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cryptopotato.com Toobit Confirms Over 100% Asset Backing in Latest Hacken Proof of Reserves Report

Toobit is one of the most popular international cryptocurrency exchanges, and it has just announced the publication of its most recent Proof of Reserves report, which was independently verified by Hacken. Over 100% Collateral Ratio The assessment conducted by Hacken confirms that the exchange is maintaining a collateral ratio of more than 100% across all […]

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blockmanity.com Digital Finance Geopolitics: China’s Web3 Push in Africa and the Battle for Payment Dominance

: China’s Web3 Push in Africa and the Battle for Payment Dominance Picture a young man in Nigeria swapping crypto to dodge wild Naira swings. Or a Kenyan farmer grabbing a quick microloan on her phone. These stories show how […] The post Digital Finance Geopolitics: China’s Web3 Push in Africa and the Battle for Payment Dominance appeared first on Blockmanity.

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news.bitcoin.com Hut 8 Surges 30% After Landing Second AI Data Center Lease Worth $9.8 Billion

Hut 8 (NASDAQ: HUT) shares jumped 30% in pre-market trading on Wednesday after the company announced a new 15-year AI infrastructure lease that expands its push into hyperscale data center development. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, […]

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blockonomi.com BNB Price Prediction Today: First US-Listed BNB ETF Hits NYSE Arca as Pepeto Presale Lines Up Its Binance Debut

The bnb price prediction gained its biggest institutional catalyst yet when Teucrium launched the first US-listed 2x Long Daily BNB ETF under the ticker XBNB on NYSE Arca on April 28. Binance co-founder Changpeng Zhao announced the product on X, and the fund gives traditional brokerage accounts leveraged exposure to BNB price moves for the first [...] The post BNB Price Prediction Today: First US-Listed BNB ETF Hits NYSE Arca as Pepeto Presale Lines Up Its Binance Debut appeared first on Blockonomi.

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bitcoinist.com Morgan Stanley Debuts Crypto Trading On E*Trade With Lower Fees Than Rivals

Wall Street behemoth Morgan Stanley has launched its long-awaited crypto trading pilot on its E*Trade platform, aiming to challenge major established players with competitive pricing. Related Reading: Spain’s Sabadell To Join Qivalis Consortium For Major Euro Stablecoin Push Morgan Stanley Debuts Crypto Trading Pilot Baking giant Morgan Stanley has rolled out a pilot to offer […]

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forklog.media Bitcoin Whales on Hyperliquid Reach Record Long Positions

Major Bitcoin holders on the decentralized platform Hyperliquid have significantly increased their net long positions, according to analysts at Glassnode. Whales on Hyperliquid have been longing the breakout of the range. Their conviction and long positioning have steadily increased over the past two months, signaling strong bullish sentiment among big perp players.📊https://t.co/G1mZrpr16c pic.twitter.com/uDuKtMFdWv— glassnode (@glassnode) April 24, 2026 Whales have been aggressively increasing their bets on the asset's rise for several weeks. The trend intensified after the price of digital gold broke through the resistance level. According to CoinGlass, the assets of large investors on Hyperliquid have reached $4.43 billion. Of this, longs account for $2.2 billion (49.62%), while shorts make up $2.23 billion (50.38%). Source: CoinGlass. One significant address holds a long position on Ethereum with 15x leverage at a price of $2265.48, with an unrealized profit of $2.88 million. Source: CoinGlass. The price of the leading cryptocurrency briefly rose above $82,000 — the highest level in three months. The average 30-day funding rate has remained negative for 67 consecutive days — the longest period in a decade. Experts believe such figures may indicate a market bottom. On the Binance exchange, sentiment remains pessimistic. The ratio of long to short positions stands at 0.53. A value below one indicates bearish expectations prevail among most platform users. In April, BitMEX co-founder Arthur Hayes predicted Hyperliquid's leadership in the prediction market due to the HYPE token.   In May, developers of the decentralized exchange activated the HyperEVM protocol HIP-4 on the main network. The main innovation was the introduction of prediction markets.  

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forklog.media Aave Liquidates Hacker Kelp’s Positions

The leading lending protocol Aave has liquidated the remaining positions of hacker Kelp in rsETH as part of the approved recovery plan. In line with the technical plan outlined below, the attacker's rsETH positions on Aave have been liquidated on Ethereum and Arbitrum. The liquidated collateral now sits with the Recovery Guardian as specified in the AIP.No other users were affected, and Umbrella was also… https://t.co/GQxroGuME0— Aave (@aave) May 6, 2026 The funds obtained are transferred to a special multi-signature wallet managed by the DeFi United fund. The assets are used to restore rsETH collateral and compensate affected users. How the Liquidation Occurred The attacker's positions were placed in Aave versions on Ethereum and Arbitrum. Community approval was required for their liquidation: over 90% of users supported the decision. Thanks to the 1,600+ addresses representing over 190 million ARB tokens who have voted on unfreezing the ETH related to the April 18 rsETH incident, currently held by the Arbitrum DAO.Reaching quorum with a strong show of approval from delegates and the Arbitrum community is a… pic.twitter.com/mhIHH7iZ89— Aave (@aave) May 6, 2026 The DAO temporarily altered the rsETH oracle price to create a shortfall in the attacker's position, and after the procedure was completed, parameters were returned to their original values. The Battle for 30,000 ETH At the time of publication, the DeFi United initiative had attracted over $320 million from industry participants and users. The largest contribution came from the L2 network Arbitrum, which froze 30,766 ETH following the attack. In early May, the project's DAO initiated a vote on transferring these funds to the fund. This move is supported by 90.5% of the community. Source: snapshot.org. The final decision was expected on May 7, but a New York court prohibited Arbitrum from disposing of the frozen coins. They are claimed by victims of North Korean terrorists, affected during the 2015 abductions. Aave called the court's logic legally unsound and demanded the lifting of restrictions. The plaintiffs' lawyers questioned the project's right to challenge the freeze. Earlier on May 7, hackers attacked market maker TrustedVolumes and stole $6 million. This was the fifth breach since the beginning of the month.

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news.bitcoin.com Toncoin Jumps 32% in 24 Hours as Pavel Durov Pushes Telegram Deeper Into TON

Toncoin jumped 32% to $2.89, marking a 110% increase since Telegram founder Pavel Durov announced a major strategic shift and a sixfold fee reduction. The ‘Regime Change’: Bringing TON Back in-House The native token of The Open Network, Toncoin (TON), rose to $2.89, surging by nearly 32% in 24 hours. The jump continued an ascent […]

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bitcoinist.com Bitcoin Mining Could Transform Colombia’s Caribbean Region, President Says

Paraguay now controls 4.3% of the global Bitcoin network — a figure that caught the attention of Colombia’s president and may be shaping the country’s next big energy bet. Related Reading: Western Union Enters Stablecoin Race With USDPT Launch On Solana An Indigenous Community At The Center Colombian President Gustavo Petro went public this week […]

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blockmanity.com Pantera Capital Sees Clarity Act as Game-Changing Milestone for Blockchain Growth

In the fast-moving world of blockchain and crypto, clear rules can make all the difference. Pantera Capital, a top crypto investment firm, calls the a ‘major moment’ for the industry. This new law aims to bring order to stablecoins and […] The post Pantera Capital Sees Clarity Act as Game-Changing Milestone for Blockchain Growth appeared first on Blockmanity.

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forklog.media Anthropic Expands Claude Limits Following SpaceX Agreement

Anthropic has doubled the five-hour usage limits for Claude Code across its Pro, Max, Team, and Enterprise plans. We’ve agreed to a partnership with @SpaceX that will substantially increase our compute capacity.This, along with our other recent compute deals, means that we’ve been able to increase our usage limits for Claude Code and the Claude API.— Claude (@claudeai) May 6, 2026 The company has also lifted the reduction of Claude Code limits during peak hours for Pro and Max accounts and significantly increased the API rate limits for Claude Opus models. Source: Anthropic. These changes were made possible by a partnership agreement with SpaceX, which has significantly boosted computing capacity. “The combination of this deal with other recent agreements has allowed us to increase the usage limits for Claude Code and Claude API,” the announcement stated. xAI Joins SpaceX The AI startup xAI ceased to exist after being acquired by SpaceX, now operating as a division of the space company under the name SpaceXAI. Anthropic has gained access to the entire capacity of the Colossus 1 data center: over 300 MW, or more than 220,000 Nvidia GPUs. Other computing deals include: Amazon — up to 5 GW, with nearly 1 GW by the end of 2026; Google and Broadcom — 5 GW, agreement effective in 2027; Microsoft and Nvidia — Azure capacity valued up to $30 billion; Investments in U.S. AI infrastructure totaling $50 billion in collaboration with Fluidstack. “We train and deploy Claude on various AI hardware platforms — AWS Trainium, Google TPU, and Nvidia GPUs — and continue to explore opportunities for additional capacity,” Anthropic stated. The company is interested in partnering with SpaceX to develop orbital computing solutions with several gigawatts of power. Expansion is also planned internationally, with a recently announced partnership with Amazon to establish infrastructure in Asia and Europe. Previously, Claude users complained that the bot was rapidly consuming limits. Back in late April, Anthropic released a set of connectors enabling Claude to work directly with popular design and 3D tools: Blender, Adobe, Autodesk, Ableton, SketchUp, and others.

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forklog.media Market Maker TrustedVolumes Hacked for $6 Million

The liquidity provider 1inch, known as TrustedVolumes, has suffered a loss of nearly $6 million due to a hack. According to Blockaid, the attack targeted the project's router contract on the Ethereum network.  🚨 Blockaid's exploit detection system has identified an on-going exploit on TrustedVolumes (1inch market maker / resolver, @trustedvolumes ).Chain: EthereumVictim contract: TrustedVolumes resolver — 0x9bA0CF1588E1DFA905eC948F7FE5104dD40EDa31Exploiter:…— Blockaid (@blockaid_) May 7, 2026 The stolen assets include:  1291 WETH; 206,282 USDT; 16,939 WBTC; 1.2 million USDC. Experts noted that the same address was responsible for exploiting a vulnerability in a 1inch smart contract in March 2025, resulting in a $5 million loss. This time, the breach was due to an error in a custom proxy contract for request-for-quote exchanges controlled by TrustedVolumes.  The project team confirmed the attack and published the hacker's wallet addresses. 🚨 We were recently exploited.The addresses currently holding the stolen funds are: [https://t.co/Uffg1StIhA](https://t.co/Uffg1StIhA) — approx. $3M [https://t.co/gUCDHwOOTC](https://t.co/gUCDHwOOTC) — approx. $3M [https://t.co/68Lu7Bq0MJ][https://t.co/68Lu7Bq0MJ] —…— TrustedVolumes (@trustedvolumes) May 7, 2026 "We are open to constructive dialogue regarding bug bounties and mutually acceptable solutions," the developers wrote.  DeFi Continues to Suffer  The breach of TrustedVolumes marks the fifth such incident since the beginning of May. According to DefiLlama, protocols Bisq, Sharwa.Finance, SmartCredit, and Ekubo were previously affected. The latter suffered the greatest loss, amounting to $1.4 million. Source: DefiLlama.  April set a record for the number of hacks in the crypto industry. Experts recorded 20 attacks, with a total of $635 million stolen — the highest since February 2025, when the Bybit exchange alone lost nearly $1.5 billion. Last month, Andrew Moss from Jefferies bank stated that the series of exploits in the DeFi sector might dampen Wall Street companies' interest in blockchain technology.  Ethereum co-founder Joseph Lubin believes that the new financial infrastructure is merely undergoing a painful strengthening process, with attackers effectively exposing weaknesses in the protocols.

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bitcoinist.com Bitcoin Crosses $82,000, But Fear & Greed Still Indicates A Fearful Market

The Fear & Greed Index suggests digital asset traders are fearful even after the latest price recovery above $82,000 that Bitcoin has observed. Crypto Fear & Greed Index Is Still Pointing At A Fearful Market The “Fear & Greed Index” is an indicator created by Alternative that tells us about the average sentiment present among […]

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forklog.media Bitcoin Core Developers Address Critical Vulnerability

The Bitcoin Core team has rectified a memory safety-related bug. A significant portion of nodes still operates with vulnerable software. A new high severity level advisory has been posted:https://t.co/zBboOF1IJC— Bitcoin Core Project (@bitcoincoreorg) May 5, 2026 The bug was discovered by researcher Cory Fields, who reported it on November 2, 2024. A few days later, programmer Pieter Wuille released a covert patch: to avoid attracting the attention of malicious actors, the patch was issued under a neutral name—as a routine debugging improvement for parallel script verification. The fix was incorporated into the codebase in December 2024 and included in the Bitcoin Core 29.0 release in April 2025. The last vulnerable 28.x branch reached the end of its lifecycle on April 19, 2026—only then did developers disclose the details. Bitcoin Core emphasized that the vulnerability did not affect the blockchain's consensus rules and was solely related to local memory handling in node software. Nature of the Issue The vulnerability was the first memory safety bug in Bitcoin Core's history. Under certain conditions, a miner could create a specially crafted invalid block that would crash the victim's node during parallel script verification. Theoretically, the issue also opened a path to remote code execution during incorrect memory states. Bitcoin Core deemed such a scenario unlikely due to block format constraints but assessed the risk as high. The attack was mitigated by a simple economic factor: exploiting the vulnerability would require an attacker to expend real hashrate on mining invalid blocks without receiving a reward. Developers have fixed the bug, but a significant portion of the network has yet to update. According to Clark Moody, about 43% of Bitcoin nodes still run on older client versions. In April, programmers demonstrated Bitcoin consensus vulnerabilities.

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