Latest Crypto News & Market Updates

Centrifuge up 17% after Coinbase partnership: Will CFG break past $0.30?

Centrifuge [CFG] has gained more than 17% in the past 24 hours, amplifying its multi-week uptrend. The gains over the past seven days have reached 39% with momentum still looking strong.　　As tokenization gains pace, Centrifuge is positioning itself to be a leader in the real-world asset (RWA) sector, especially after Coinbases investment.　　Coinbase tokenizing on Base Chain through Centrifuge　　Centrifuge launched 24/7 trading of the S&P 500 on Base Chain for non-U.S. users. The announcement was made at Consensus 2026 by Base creator Jesse Pollak.　　This news came after Coinbase invested in the Layer 1 blockchain that specializes in bringing traditional finance on-chain. Centrifuge became Coinbases official tokenization infrastructure partner.　　The tokenized S&P 500 in Base will trade under the ticker deSPXA. The product was made available in partnership with S&P Dow Jones Indices, managed by Janus Henderson.　　The tokenized asset market cap is around $30 billion. However, the CEO of Centrifuge, Bhaji Illuminati, believed it would take more than sales to push the TVL of CFG from $1.5 billion to $10 billion, but it was gradually becoming a possibility.　　With regard to this partnership, Bhaji said,　　What matters now isn‘t getting assets onchain, it’s getting the right assets onchain in the right way,　　A look into Centrifuges

05-08Industry

The stablecoin queue: 20 banks and tech giants are waiting to issue tokens with Anchorage Digital

As many as 20 financial institutions and large tech companies are in a queue to issue their own stablecoins with Anchorage Digital, the U.S.-regulated cryptocurrency custody firms CEO Nathan McCauley said at Consensus Miami 2026 on Thursday.　　“Since the Genius Act passed, Anchorage has won every single large stablecoin issuance mandate across the landscape,” McCauley said. “We have really a dozen to maybe even as many as 20 institutional issuers or large tech company issuers who are going to come in and issue their stablecoin with us.”　　“The kind of inbounds we see are banks that want to achieve a very specific objective, stablecoin issuers who are saying, ‘Hey, I’ve got a distribution channel where I can put my stablecoin to good use,” he added.　　Anchorage was the U.S‘ first federally chartered crypto bank, so it’s not surprising the firm is now reaping the benefits of an incipient regulatory framework in the States.　　In order to better meet that demand, Anchorage, last month, announced a partnership with M0, a technology provider that allows global institutions to mint fully configurable stablecoins, which also works with the likes of Stripe, Moonpay and MetaMask.　　Another significant announcement for Anchorage was AI-based “Agentic Banking,” a way for AI agents

05-08Industry

Panther Protocol deploys privacy infrastructure on Polygon

Panther combines zero-knowledge cryptography, non-custodial architecture, and DAO governance to support privacy-preserving interactions within decentralized environments.　　Users interact directly with smart contracts while retaining full control of their assets, with cryptographic proofs generated locally in their own browser or device.　　Compliance without surveillance　　The initial deployment includes a compliance-enabled zone powered by credentials issued by independent providers such as AMLBot via PureFi tooling.　　Participants present zero-knowledge attestations on-chain, allowing the protocol to verify eligibility without exposing personal data or transferring identity information to the DAO or protocol infrastructure.　　According to the team, the model is designed to support privacy-preserving compliance workflows that may be compatible with institutional participation.　　Integration with existing DeFi liquidity　　The system is designed to integrate with existing decentralized liquidity sources, enabling confidential interactions without isolating users from broader DeFi markets.　　Panther Reward Points (PRPs)　　The network introduces Panther Reward Points (PRPs), a participation-based mechanism that recognizes protocol activity.　　Users accrue PRPs through actions such as interacting with privacy-enabled zones and other qualifying protocol interactions, according to rules defined by Panther DAO governance.　　According to the project, PRPs are intended to support long-term ecosystem participation as Panther expands across additional chains and integrations.　　Built for the long term　　Panthers architecture includes Forensic Data Escrow, enabling governed disclosure of encrypted metadata

05-08Industry

Bermuda Pushes New USDC Airdrop as Premier Burt Targets Local Merchants

Bermuda is expanding its push into digital currency by launching a new distribution and a comprehensive merchant onboarding program, Premier David Burt announced on May 6. Speaking at the Consensus Miami 2026 conference, Burt said the island nation plans to conduct another of the USDC later this year.　　According to a report, the distribution will be paired with a structured program to establish a digital payment infrastructure across the British Overseas Territory. The initiative represents a shift for Bermuda from experimental testing to the practical deployment of digital commerce.　　Burt emphasized that focusing on local merchants addresses a critical gap that has historically limited adoption in traditional retail environments. By onboarding local businesses to accept digital payments, Bermuda aims to transition cryptocurrency from a speculative investment into a practical tool for everyday transactions.　　The move builds on Bermudas established history as an early adopter of digital asset policy. In 2018, the island nation passed the landmark Digital Asset Business Act, creating a specialized regulatory framework to attract blockchain and cryptocurrency startups. The new initiative extends this focus beyond offshore financial services and directly into the domestic retail sector.　　However, the retail rollout faces several technological and educational hurdles. Participating businesses will require point-of-sale systems

05-08Industry

ADA Price Prediction: $0.31 Target Within 14 Days as Technical Breakout Builds

The Immediate Setup　　ADA trades at a critical juncture around $0.27, positioned between decisive support and resistance levels that will determine the next major move. The 1.21% daily gain reflects renewed buying interest, though the $45.6M trading volume suggests the market remains cautious before committing to a directional bias.　　Current price action shows ADA hugging the upper Bollinger Band with a reading of 1.13, indicating momentum building against the $0.28 resistance zone. The RSI at 64.20 provides room for further upside movement without entering overbought territory, while the MACD histogram sits near zero, reflecting the current consolidation phase before the next leg.　　Smart money positioning reveals institutional alignment with retail sentiment, as both groups maintain bullish positioning above 68% long. This convergence typically signals underlying strength when combined with technical readiness for a breakout.　　Technical Levels and Targets　　The $0.28 resistance represents the key level that must break for ADA to reach the $0.31 target within the next 14 days. Price currently sits well above critical moving averages, with the 7-day SMA at $0.26 and 20-day at $0.25 providing layered support during any pullbacks.　　Blockchain.news analysis shows the current range between $0.26 and $0.28 has compressed volatility to levels that historically precede significant moves. The lower

05-08Industry

AI token VVV rallies as Venice expands – But tokenomics backlash grows

Tech　　AI token VVV rallies as Venice expands – But tokenomics backlash grows　　Venice Token [VVV] remains among the artificial intelligence-focused tokens that have continued to attract strong investor capital in recent weeks, especially as Venice AI expands its product into real-world partnerships.　　However, the gains have also triggered backlash over the projects tokenomics structure. Critics across the market have questioned the dual-token approach, arguing that it could become a long-term liability for Venice Token [VVV].　　Converging capital flows support rally　　There has been a notable convergence in buying activity across both the spot and perpetual markets for VVV, suggesting aligned demand that continues to strengthen the assets market structure and bullish momentum.　　The asset, which has gained roughly 13% over the past day and traded around $13 at press time, has recorded a sharp shift from selling pressure to net buying activity in recent days.　　Source: CoinGlass　　Between the 5th and 6th of May, investors sold approximately $4.38 million worth of VVV. However, the trend has since reversed, with buyers accumulating roughly $372,000 worth of the asset, signaling renewed market confidence.　　The perpetual market has reflected a similar trend, with capital inflows rising alongside a positive funding rate.　　Data from CoinGlass showed that nearly $21 million in fresh capital

05-08Industry

Ripple’s XRPL Linked to Interbank System in Major Pilot With JPMorgan, Mastercard, Ondo

The pilot linked XRPL to global banking infrastructure, enabling institutions to execute cross-border transactions in a single, integrated flow.　　;　　}　　function loadTrinityPlayer(targetWrapper, theme,extras=“”) {　　cleanupPlayer(targetWrapper); // Always clean first ✅　　targetWrapper.classList.add(‘played’);　　// Create script　　const scriptEl = document.createElement(“script”);　　scriptEl.setAttribute(“fetchpriority”, “high”);　　scriptEl.setAttribute(“charset”, “UTF-8”);　　const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/？themeAppearance=${theme}${extras}`);　　scriptURL.searchParams.set(“pageURL”, window.location.href1);　　scriptEl.src = scriptURL.toString();　　// Insert player　　const placeholder = targetWrapper.querySelector(“.add-before-this”);　　placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling);　　}　　function getTheme() {　　return document.body.classList.contains(“dark”) ？ “dark” : “light”;　　}　　// Initial Load for Desktop　　if (window.innerWidth 768) {　　const desktopBtn = document.getElementById(“desktopPlayBtn”);　　if (desktopBtn) {　　desktopBtn.addEventListener(“click”, function () {　　const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);　　if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),　　});　　}　　}　　// Mobile Button Click　　const mobileBtn = document.getElementById(“mobilePlayBtn”);　　if (mobileBtn) {　　mobileBtn.addEventListener(“click”, function () {　　const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);　　if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),　　});　　}　　function reInitButton(container,html){　　container.innerHTML = + html;　　}　　// Theme switcher　　const destroyButton = document.getElementById(“checkbox”);　　if (destroyButton) {　　destroyButton.addEventListener(“click”, () = {　　setTimeout(() = {　　const theme = getTheme();　　if (window.innerWidth 768) {　　const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);　　if(desktopWrapper.classList.contains(‘played’)){　　loadTrinityPlayer(desktopWrapper, theme,　　}else{　　reInitButton(desktopWrapper,‘’)　　const desktopBtn = document.getElementById(“desktopPlayBtn”);　　if (desktopBtn) {　　desktopBtn.addEventListener(“click”, function () {　　const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);　　if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,‘　　});　　}　　}　　} else {　　const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);　　if(mobileWrapper.classList.contains(‘played’)){　　loadTrinityPlayer(mobileWrapper, theme,　　}else{　　const mobileBtn = document.getElementById(“mobilePlayBtn”);　　if (mobileBtn) {　　mobileBtn.addEventListener(“click”, function () {　　const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);　　if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,　　});　　}　　}　　}　　}, 100);　　});　　}　　})();　　Blockchain settlement rails are increasingly becoming intertwined with the global financial system. A group of firms recently achieved a feat that could introduce 24/7 settlements for traditional financial markets.　　According to a tweet, the tokenization platform Ondo Finance, card services provider Mastercard, and JP Morgan‘s blockchain platform, Kinexys, are involved in

05-08Industry

Amazon’s new AI wallet: AWS, Coinbase, and Stripe build payment rails for bots

Amazon Web Services (AWS) rolled out a new payments infrastructure for AI agents on Thursday which is built in partnership with Coinbase and Stripe.　　AWS explained that autonomous software agents will be allowed to buy APIs, web content, MCP servers and other online services in real time using stablecoins. It added, however, that future versions would eventually support larger purchases such as hotel bookings, travel reservations and merchant payments.　　“Amazon Bedrock AgentCore Payments” is designed for AWS described as the emerging “agentic economy”, where AI agents transact independently inside a single execution loop.　　The first version of the system focuses on micropayments, allowing agents to instantly pay for APIs, data feeds, paywalled content and other digital services, often for fractions of a cent, AWS said.　　Bedrock is built on Coinbase‘s x402, the HTTP-native payment protocol for powering agent-to-agent transactions with stablecoins, while Stripe’s Privy wallet is being used as a payment connection.　　“There will soon be more AI agents transacting than humans, and they need money that‘s built for the internet – programmable, always on, and global,” said Brian Foster, Coinbase’s head of infrastructure growth.　　Fosters words echo those of Coinbase founder Brian Armstrong, Binance founder Changpeng Zhao and of Cardano Founder Charles Hoskinson, who agree

05-08Industry

Layoffs Accelerate in May 2026 as Firms Restructure Around AI

More layoffs swept across industries in early May 2026 as a fresh wave of firms announced job cuts.　　Many of the cuts share a common driver. Companies are rebuilding around artificial intelligence (AI).　　Cloudflare Announces Layoffs in May 2026　　Cloudflare announced Thursday it would cut more than 1,100 jobs globally, about 20% of its 5,156-person workforce, as reported at the end of 2025. The firm revealed that internal AI usage increased by more than 600% in three months.　　“We have to be intentional in how we architect our company for the agentic AI era in order to supercharge the value we deliver to our customers and to honor our mission to help build a better Internet for everyone, everywhere,” the email read.　　On the same day, payments firm BILL said it would slash headcount by up to 30%. In addition, Upwork CEO Hayden Brown informed employees that the company would cut roughly a quarter of its workforce.　　“We chose to take this step now for two reasons: (1) we know we move faster with smaller teams. Our 2024 layoff followed by excellent 2025 execution give us confidence this works. (2) To meet our profitability goals in a challenging environment,” Brown said.　　Media reports also revealed that Ticketmaster

05-08Industry

Coinbase Reports 8.6% Record Market Share and $200 Million Derivatives Revenue

Coinbase reported record crypto market share as derivatives, stablecoins, and on-chain products gained traction. The company posted $202 billion in quarterly trading volume and said retail derivatives annualized revenue topped $200 million.　　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 Coinbases revenue mix.Base and $USDC activity could further strengthen Coinbases role in digital payments.　　Coinbase Hits Record Market Share as Derivatives Revenue Tops $200 Million　　Coinbase Global Inc. (Nasdaq: COIN) reported on May 7 that its first-quarter performance reflected stronger participation across spot trading, derivatives, stablecoins, and on-chain products. The crypto firm posted $202 billion in quarterly trading volume, $294 billion in assets held on platform, and a workforce of more than 4,900 employees.　　Retail and institutional participation accelerated during the quarter. “Coinbase crypto trading volume market share increased to 8.6%, a new all-time high driven by product innovation and derivatives growth,” the crypto firm noted, adding that derivatives have become a larger part of its trading business, with trailing-12-month volume up 169% from the prior year. Retail derivatives also reached an annualized revenue run rate above $200 million, while prediction markets crossed $100 million in annualized revenue less

05-08Exchange

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