Article by Steven Stradbrooke
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13 May, 2026
Latest (last?) CLARITY draft sparks last-minute stakeholder push
Congress unveils the latest CLARITY Act draft amid fierce lobbying from banks and unions, impacting digital asset rewards and DeFi...
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12 May, 2026
Circle’s Q1 USDC revenue, profit fall but ARC token presale a winner
Circle's Q1 profits dip despite a $222M presale of its new ARC token, while USDC gains market share and transaction...
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8 May, 2026
Coinbase loses $400 million, 1.5 million customers and 14% of staff
Coinbase faces a $394M loss as memecoin traders exit, AI-driven layoffs grow, and USDC revenue faces mounting pressure.
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7 May, 2026
BTC mining metrics improve, but not enough to halt the AI pivot
BTC mining profits remain under pressure as major miners pivot to AI data centers, dump token reserves, and scale back...
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6 May, 2026
Banks reject US stablecoin compromise, public shrugs at crypto
Crypto firms are pushing a stablecoin compromise to revive stalled U.S. legislation, but banks resist, while the public remains indifferent.
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5 May, 2026
Tether begins first stablecoin audit as Lutnick loan scrutiny mounts
Tether posts strong Q1 profits as its long-awaited audit begins, while Senate scrutiny, controversial loans, and global stablecoin regulations intensify.
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