May 7, 2026

California Man Gets 6½ Years as FBI Links $250M Crypto Heists to Home Burglaries 1

California Man Gets 6½ Years as FBI Links $250M Crypto Heists to Home Burglaries

The ‘Instrument of Last Resort’ A U.S. federal court has sentenced a California man to 6 1/2 years in prison

CLARITY Act Draft Circulates Ahead of Potential Senate Vote, Report 1

CLARITY Act Draft Circulates Ahead of Potential Senate Vote, Report

Senate Banking Draft Moves Toward Thursday Committee Vote The Senate Banking Committee is reportedly moving closer to action on the

South Korea Pushes 22% Crypto Tax on Gains Above $1,850 Starting in January 1

South Korea Pushes 22% Crypto Tax on Gains Above $1,850 Starting in January

Official Stance on Implementation Timeline A top South Korean finance official reportedly confirmed that the government intends to begin taxing

Core Scientific Buys Polaris Bitcoin Mine for $421M Oklahoma AI Power Expansion 1

Core Scientific Buys Polaris Bitcoin Mine for $421M Oklahoma AI Power Expansion

The company said Tuesday it plans to scale its Muskogee, Oklahoma campus to roughly 1.5 gigawatts of gross power, or

Hut 8 Surges 30% After Landing Second AI Data Center Lease Worth $9.8 Billion 1

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

The Miami-based company said it signed a $9.8 billion triple-net lease for 352 megawatts of IT capacity at its Beacon

Kenyan Court Detains Man for 7 Days Over $440,000 Crypto App Fraud Probe 1

Kenyan Court Detains Man for 7 Days Over $440,000 Crypto App Fraud Probe

Suspicious App Triggered Investigation A Kenyan court ordered the weeklong detention of the alleged operator of a fraudulent cryptocurrency-themed investment

Prediction Market Fight Deepens as 40 States Push Back on CFTC 1

Prediction Market Fight Deepens as 40 States Push Back on CFTC

States Say Sports Markets Belong Under Gambling Oversight A multistate coalition sent an April 30, 2026, letter to Commodity Futures