Coinbase cuts 700 jobs and blames AI productivity

Coinbase cuts 700 jobs today, with CEO Brian Armstrong saying AI is making small engineering teams far more productive Coinbase

Read More

OpenAI Just Upgraded ChatGPT’s Default Model—Here’s What GPT-5.5 Instant Actually Does

GPT-5.5 Instant is now the default ChatGPT model. It makes fewer things up, answers more concisely, and finally remembers what

Read More

Pennsylvania Sues Character.AI Over Chatbot Posing as Licensed Psychiatrist

Pennsylvania Governor Josh Shapiro said the lawsuit targets AI bots that misrepresent themselves as licensed medical professionals.

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Banking groups reject Clarity Act yield compromise

Major US banking associations rejected the Clarity Act’s stablecoin yield compromise, splitting publicly from Coinbase and Circle Major US banking

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OnRe Finance raises $5M as Forward lines up $25M ONyc buy

OnRe Finance raised $5M from Forward and RockawayX as Forward prepares up to $25M into ONyc, scaling Solana-based, tokenized reinsurance

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Pi Network launches Protocol 23 push at Consensus 2026

Pi Network co-founders took the Consensus 2026 stage in Miami, six days before Protocol 23 activates on May 11 Pi

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French Chipmaker Sequans Dumps Half Its Bitcoin as Treasury Hype Meets Reality

Sequans Communications liquidated nearly half its Bitcoin treasury as mounting losses and debt obligations forced a strategic reversal.

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Triple Win for Bitcoin ETFs With $532M Inflow While Ethereum Adds $61M

U.S. bitcoin spot exchange-traded funds (ETFs) recorded $532 million in net inflows on May 4, marking the third consecutive day

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Rep. Steven Horsford pitches PARITY Act as ‘durable floor’ for crypto tax at Consensus Miami

The Nevada Democrat told Professor Yesha Yadav that incremental, bipartisan reform is the path forward as Senate negotiations on the

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Iggy Azalea Faces Lawsuit Over Solana Meme Coin

Investors allege the rapper misled buyers about the token’s real-world utility.

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Solana’s ‘Alpenglow’ upgrade could arrive next quarter, co-founder Yakovenko says

Speaking at Consensus Miami 2026, the Solana co-founder said that he is excited to see ‘Alpenglow’ upgrade go live later

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Western Union’s Solana-based stablecoin could reshape its payment model, analyst says

Western Union launched USDPT, a dollar-backed stablecoin on Solana, issued by Anchorage Digital Bank, for 24/7 settlement with agents and

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News

Coinbase cuts 700 jobs and blames AI productivity

Coinbase cuts 700 jobs today, with CEO Brian Armstrong saying AI is making small engineering teams far more productive Coinbase

By : Peace Longe
Publisher : crypto
Date : May 5, 2026
Read More

OpenAI Just Upgraded ChatGPT’s Default Model—Here’s What GPT-5.5 Instant Actually Does

GPT-5.5 Instant is now the default ChatGPT model. It makes fewer things up, answers more concisely, and finally remembers what

By : Jose Antonio Lanz
Publisher : decrypt
Date : May 5, 2026
Read More

Pennsylvania Sues Character.AI Over Chatbot Posing as Licensed Psychiatrist

Pennsylvania Governor Josh Shapiro said the lawsuit targets AI bots that misrepresent themselves as licensed medical professionals.

By : Jason Nelson
Publisher : decrypt
Date : May 5, 2026
Read More

Banking groups reject Clarity Act yield compromise

Major US banking associations rejected the Clarity Act’s stablecoin yield compromise, splitting publicly from Coinbase and Circle Major US banking

By : Peace Longe
Publisher : crypto
Date : May 5, 2026
Read More

OnRe Finance raises $5M as Forward lines up $25M ONyc buy

OnRe Finance raised $5M from Forward and RockawayX as Forward prepares up to $25M into ONyc, scaling Solana-based, tokenized reinsurance

By : Andrew Folkler
Publisher : crypto
Date : May 5, 2026
Read More

Pi Network launches Protocol 23 push at Consensus 2026

Pi Network co-founders took the Consensus 2026 stage in Miami, six days before Protocol 23 activates on May 11 Pi

By : Peace Longe
Publisher : crypto
Date : May 5, 2026
Read More

French Chipmaker Sequans Dumps Half Its Bitcoin as Treasury Hype Meets Reality

Sequans Communications liquidated nearly half its Bitcoin treasury as mounting losses and debt obligations forced a strategic reversal.

By : Decrypt Agent
Publisher : decrypt
Date : May 5, 2026
Read More

Triple Win for Bitcoin ETFs With $532M Inflow While Ethereum Adds $61M

U.S. bitcoin spot exchange-traded funds (ETFs) recorded $532 million in net inflows on May 4, marking the third consecutive day

By : Shiraz Jagati
Publisher : news
Date : May 5, 2026
Read More

Rep. Steven Horsford pitches PARITY Act as ‘durable floor’ for crypto tax at Consensus Miami

The Nevada Democrat told Professor Yesha Yadav that incremental, bipartisan reform is the path forward as Senate negotiations on the

By : Jeffrey Albus
Publisher : coindesk
Date : May 5, 2026
Read More

Iggy Azalea Faces Lawsuit Over Solana Meme Coin

Investors allege the rapper misled buyers about the token’s real-world utility.

By : Jason Nelson
Publisher : decrypt
Date : May 5, 2026
Read More

Solana’s ‘Alpenglow’ upgrade could arrive next quarter, co-founder Yakovenko says

Speaking at Consensus Miami 2026, the Solana co-founder said that he is excited to see ‘Alpenglow’ upgrade go live later

By : Margaux Nijkerk
Publisher : coindesk
Date : May 5, 2026
Read More

Western Union’s Solana-based stablecoin could reshape its payment model, analyst says

Western Union launched USDPT, a dollar-backed stablecoin on Solana, issued by Anchorage Digital Bank, for 24/7 settlement with agents and

By : Francisco Rodrigues
Publisher : coindesk
Date : May 5, 2026
Read More
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