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Trump-affiliated World Liberty sues Justin Sun for defamation after Tron creators lawsuit

World Liberty Financial, the cryptocurrency company affiliated with U.S. President Donald Trump and his family, filed a defamation lawsuit against Tron creator Justin Sun in a Florida state court Monday, alleging “gross misconduct” from Sun over WLFI tokens he bought.　　The lawsuit comes on the heels of Sun‘s own lawsuit against World Liberty, which was filed in a federal California court, alleging World Liberty had unfairly frozen his ability to transfer his WLFI tokens. In Monday’s suit, World Liberty alleged that Sun-related entities bought WLFI tokens for other investors through straw purchases and may have “engaged in short selling” of the token.　　World Liberty froze Sun‘s WLFI tokens “to protect” itself and the broader community as a result, the lawsuit said, adding that Sun’s tweets complaining about his tokens being frozen contain false or defamatory information.　　Sun allegedly hired influencers and used bots to “amplify his lies,” World Liberty claimed, and as a result the company said it had “lost specific business opportunities.”　　Many portions of the lawsuit were redacted, including portions describing Suns purchase of the tokens and sections about his alleged misconduct.　　This alleged misconduct includes what World Liberty describes as “a large, deliberate, short-selling campaign designed to suppress $WLFIs price at the

05-05

Circle, Coinbase lead crypto stocks rally amid Clarity Act progress, bitcoin hitting $80,000

Crypto-related stocks rallied Monday, led by Circle (CRCL) and Coinbase (COIN), as progress on U.S. digital asset legislation and bitcoin breaking above $80,000 lifted sentiment across the sector.　　Circle, issuer of the USDC stablecoin, surged 18%, extending recent gains, while U.S.-focused crypto exchange Coinbase rose about 7%. BitGo (BTGO), a digital asset infrastructure firm offering custody and stablecoin services, climbed roughly 10%.　　Strategy (MSTR), the largest corporate bitcoin holder, crypto-friendly digital broker Robinhood (HOOD) and Ethereum (ETH) treasury firm Bitmine (BMNR) were also up 3%-4%, underscoring the broad-market advance.　　The move came as bitcoin pushed above $80,000 during the session, reaching its strongest level since late January and providing a tailwind for the broader crypto sector. BTC advanced nearly 2% over the past 24 hours, leading the broader crypto benchmark CoinDesk 20 Indexs 1.2% gain.　　Further boosting investor optimism were signs that the long-debated Digital Asset Market Clarity Act, a key piece of U.S. legislation to regulate crypto markets, is moving closer to passage.　　A newly released compromise would prohibit stablecoin issuers from offering yield on idle balances, while still allowing rewards tied to usage and transaction activity, according to a Friday text. The approach addresses one of the most contentious aspects of the bill

05-05

Bitget and WIW3CH Announce Collaborative Roadmap to Support Women in Web3

Victoria, Seychelles, May 4th, 2026 — Bitget, the world‘s largest Universal Exchange, has announced a strategic partnership with WIW3CH, a premier organization dedicated to amplifying the influence of women in the Web3 sector. This collaboration, launched under Bitget’s flagship Blockchain4Her initiative, focuses on dismantling barriers for women through high-impact educational content and community networking.　　The partnership kicks off with an exclusive podcast featuring Bitget CEO Gracy Chen, who will detail her professional journey and offer strategic advice for women entering the blockchain industry. Beyond multimedia content, the two organizations will co-publish a series of educational articles designed to provide the WIW3CH community with a roadmap for career development, technical literacy, and navigation of the evolving Web3 landscape.　　To further bridge the gap between education and professional opportunity, Bitget is gifting three WIW3CH VIP memberships to its community members. These exclusive passes provide holders with complimentary or discounted access to industry masterclasses and conferences, alongside early entry to specialized educational modules. Beyond learning, the membership facilitates deep community integration through access to private networking channels and collaborative working groups, as well as priority consideration for future scholarships.　　Since its launch in early 2024, the Blockchain4Her initiative has operated on four pillars: Elevating, Empowering, Educating,

05-05

Anthropic, Goldman and others launch $1.5 billion AI venture

Anthropic CEO Dario Amodei looks on after a meeting with French President Emmanuel Macron during the AI Impact Summit in New Delhi on February 19, 2026.　　Ludovic Marin | Afp | Getty Images　　Anthropic said Monday it is partnering with private equity giants and to launch a $1.5 billion firm aimed at speeding the adoption of artificial intelligence across hundreds of companies.　　The new entity, formed alongside the San Francisco-based PE firm Hellman & Friedman and backed by a group of asset managers including and General Atlantic, will deploy Anthropics Claude AI model directly inside businesses, starting with companies owned by the investment firms.　　Executives say the effort is designed to tackle a growing bottleneck in the AI boom: The scarcity of experts capable of implementing the technology inside real-world operations.　　“There‘s a big shortage of people who know how to apply these tools into businesses and then transform them,” Marc Nachmann, Goldman’s global head of asset and wealth management, told CNBC in an interview.　　The move marks Anthropics latest effort to deepen its lead in the enterprise AI market as competition intensifies with rivals including OpenAI. By pairing the latest Claude models with a built-in network of investor-owned companies, Anthropic is positioning itself to gain

05-05

Texas Residents Sue MARA Holdings Over Bitcoin Mining Noise

Nine Texas residents sued MARA over noise, health impacts, and property value losses.The complaint details alleged physical, psychological, and economic harm tied to the site.Bitcoin miners are increasingly shifting operations toward AI and high-performance computing.　　Nine Texas residents have sued MARA Holdings, alleging its Bitcoin mining facility in Granbury, Texas, generates constant noise, vibrations, and low-frequency sound that interfere with daily life and harm their health.　　The complaint, first reported by Blockspace, was filed on Friday in the Northern District of Texas and seeks damages above $1 million and demands a jury trial. Plaintiffs argue the operation constitutes a permanent private nuisance that has made their homes difficult to live in and reduced property values.　　The filing adds to a growing set of legal challenges tied to the same site. The plaintiffs, members of several families living as close as 0.01 miles from the site, say the facilitys cooling systems run continuously, producing noise that penetrates homes. Some say they no longer open windows or spend time outside, and report vibrations inside their houses.　　“This lawsuit arises out [of] the denial of Plaintiffs‘ use and enjoyment of their property via interference from the MARA’s management and operation of the Cryptomine,” the complaint said. “The

05-05

Bitmine adds 101,745 ETH as holdings hit 5.18m tokens

Bitmine Immersion Technologies said its Ethereum holdings reached 5,180,131 ETH as of May 3. Bitmine added 101,745 ETH last week, pushing total Ethereum holdings to 5.18 million tokens now.Staked ETH reached 4.36 million tokens, giving Bitmine about $10.2 billion in staked assets.Ethereum Foundation sales added context as Bitmine moved closer to its 5% ETH supply target.　　The company valued the position at $2,336 per ETH and said the holdings equal about 4.29% of the total ETH supply.　　The company said its crypto, cash, and other listed holdings totaled $13.1 billion. That figure included 5.18 million ETH, 200 BTC, $700 million in cash, a $200 million stake in Beast Industries, and an $83 million stake in Eightco Holdings.　　Tom Lee says ETH buying pace continued　　Chairman Thomas “Tom” Lee said Bitmine acquired 101,745 ETH in the past week. He described the purchase as part of the companys ongoing accumulation strategy.　　Lee also said Bitmine had kept a faster ETH buying pace for four straight weeks. He stated that ETH was in the “final stages” of a “mini-crypto winter,” while linking the strategy to Ethereums role in tokenization and public blockchain use.　　Meanwhile, Bitmine reported 4,362,757 staked ETH as of May 3. The company valued the staked position

05-05

A16z Says Stablecoin Term Outdated as Sector Hits $321B

Andreessen Horowitz (a16z) executive Robert Hackett has declared the term ‘stablecoin’ outdated, arguing that the technology has evolved far beyond its original purpose. In a report published Friday, Hackett described stablecoins as “core financial infrastructure,” with applications now extending to global payments, treasury operations, and institutional finance. The global stablecoin market is currently valued at over $321 billion, according to DeFiLlama.　　Stablecoins were initially designed to offer a hedge against cryptocurrency volatility, pegged to stable assets like the US dollar or gold. “The name was straightforward, if slightly defensive,” Hackett said, referencing the early days of crypto when volatility was the norm. “But the technology has since outgrown the label.” He added that stability is now a baseline expectation, while innovation has shifted toward programmable financial services.　　Hackett suggested that terms like “digital cash” or “programmable money” might better reflect the technology‘s capabilities. However, he acknowledged these alternatives lack the simplicity and familiarity of ’stablecoin.‘ Much like outdated terms such as “horsepower” for engine strength or “electric lights,” Hackett said ’stablecoin may persist simply due to habit.　　The sector‘s rapid growth underscores the evolving role of stablecoins. Initially used as a trading tool, they have expanded into key financial applications, including cross-border payments,

05-05

Machi Big Brother Begins Recovery with $2M Profit in 24 Hours

Machi Big Brother, a prominent crypto trader, has recently regained market attention with significant gains. In this respect, Machi Big Brother has reportedly collected a total of $2.15M in profit over the past 24 hours. As per the data from Arkham Intelligence, the trader has remained effective in getting such a huge profit following hefty losses over the months. So, this impressive rebound could denote the commencement of a significant comeback.　　Machi is Back: Up $2 Million in 24 Hours　　Machi Big Brother is up $2.15 million trading crypto perps, now up to a total balance of $4 Million.　　Machi is up over $1 Million on both his BTC and ETH trades – but hes still down over $70 Million since September last year. Will he…　　Machi Big Brother Signals Comeback after Extended Downtrend　　In line with the exclusive market data, Machi Big Brother has made a staggering $2.15M within 24 hours after considerable losses for months. As a result, the cumulative balance has hit the $4M mark. Particularly, the trader amassed more than $1M from Ethereum ($ETH) and Bitcoin ($BTC) trades. Nonetheless, irrespective of such an enormous turnaround, the trader is still $70M down.　　Based on the dashboard of Machi Big Brother, the present portfolio

05-05

David Sacks says AI boom is helping drive U.S. growth

David Sacks, former White House AI it does not include all the companies currently investing in AI, nor the multitude of AI startups. This means the economic impact of AI growth and investment could have a much larger impact on GDP growth than these numbers suggest.　　The rationale behind this idea is simply that capex only refers to the investment in the infrastructure that AI programs need to operate (i.e. data centers). It does not take into consideration the value that will be generated by the usage of AI programs, systems, and applications in the economy via productivity gains.　　Sacks stated in his post on X, “The ROI on capex is likely to dwarf the capex itself, which is why investment continues to grow.” In furtherance of his perspective, Sacks went on to say that “in Q1,” (2026) “AI was already 75% of GDP growth.”　　The bet behind the AI boom　　Many proponents of the AI boom understandably share the same perspective as Sacks. There certainly is massive potential for the widespread adoption of AI to vastly improve productivity gains for the U.S. economy in never-before-seen ways.　　At the same time, just because this is possible does not mean it will look exactly as expected

05-05

Strives (ASST) Bitcoin Treasury Crosses 15,000 BTC After $33.9 Million Purchase

Dallas-based Strive, Inc. (Nasdaq: ASST) disclosed Monday that its Bitcoin treasury has crossed the 15,000 BTC threshold, following the purchase of 444 bitcoin for $33.9 million at an average cost of $76,307 per coin.　　CEO Matt Cole announced the acquisition on X, and the company filed an 8-K with the SEC confirming the details.　　The purchase extends a string of accumulation moves that have positioned Strive as one of the more active corporate Bitcoin buyers in the market.　　As of April 24, Strive held 14,557 BTC after a separate purchase of 789 bitcoin at $77,890 per coin. The latest transaction pushes the total stack past 15,000 BTC, a holding valued at around $1.2 billion at current prices.　　The SEC filing detailed the company‘s balance sheet as of May 1: $97.9 million in cash and cash equivalents, and $50.4 million in the Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) of Strategy — Michael Saylor’s firm, which rebranded from MicroStrategy.　　Strive reported 63,129,587 shares of Class A common stock and 9,893,844 shares of Class B common stock outstanding, together with 4,959,536 shares of its Variable Rate Series A Perpetual Preferred Stock, traded under the ticker SATA.　　The milestone follows Strives completion of its acquisition of Semler

05-05

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