Cointelegraph

Layer 2s have been a great blockchain success story. They’ve reduced congestion on the Ethereum mainnet, driving down gas fees while preserving security.
But maybe they’ve become too successful, drawing chain activity and fee income from the parent that spawned them? At least that’s what some are s

Former Celsius CEO Alex Mashinsky will probably be allowed to travel for his daughter’s wedding regardless of the outcome of his May 8 sentencing hearing.
In a May 8 filing in the US District Court for the Southern District of New York, Judge John Koeltl approved an application for Mashinsky to tra

Cryptocurrency mining firm Hut 8 increased its hashrate by 79% during the first quarter of the year.
According to Hut8’s latest quarterly report released on May 8, the firm saw a net loss of $134.3 million despite revenue of $21.8 million. The firm’s CEO, Asher Genoot, explained that this is a

Bitcoin (BTC) has long been branded as “digital gold,” a store of value for believers in scarcity, decentralization and self-sovereignty. As institutional interest grows, geopolitics shift, and new layers emerge on Bitcoin’s stack, is it time for the narrative to evolve?
In this episode of The

Coinbase, the largest cryptocurrency exchange in the US by trading volume, has agreed to acquire Deribit, one of the world’s biggest crypto derivatives trading platforms.
Coinbase Global has agreed to acquire Deribit for approximately $2.9 billion, the exchange officially announced on May 8.
The a

Key takeaways
After the shutdown of Coinhive in 2019, browser mining has made a comeback with new tools like CryptoTab Browser, Pi Network and YouHolder.
Mining with a browser can cost more in electricity than the crypto earned, especially for users with mid-range devices.
Despite being less

Sweat, a move-to-earn platform that rewards users for physical activity, has launched a personalized AI agent and expanded its multichain infrastructure. The update is designed to improve user onboarding by offering interactive guidance and simplifying asset management across blockchains.
The AI ag

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Doodles’ non-fungible token (NFTs) sales surged by 97% in the last 24 hours as digital collectible traders anticipate the project's token generation event and airdrop
On May 8, data from CryptoSlam showed Doodles NFT sales topping $1.1 million, nearly doubling the previous day’s total. The spike p

US Representative Maxine Waters, ranking member of the House Financial Services Committee (HFSC), led some Democratic lawmakers out of a joint hearing on digital assets in response to what she called “the corruption of the President of the United States” concerning cryptocurrencies.
In a May 6 join

Key points:
Bitcoin’s realized cap is beating records and has almost reached the $900 billion mark.
The market is laying the foundations for a “potentially significant price breakout,” new analysis says.
Profit-taking is not hindering the overall bull market rebound.
Bitcoin (BTC) is setting ne

Almost 60,000 Bitcoin addresses tied to LockBit’s ransomware infrastructure have been leaked after hackers breached the group’s dark web affiliate panel
The leak included a MySQL database dump shared publicly online. It contains crypto-related information that could help blockchain analysts

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Bitcoiners expect Bitcoin to soon break past $100,000 and potentially hit a new all-time high as US President Donald Trump is set to announce a trade deal with the UK.
Trump said in a May 7 Truth Social post that a “major trade deal” with a “big, and highly respected, country” would be announced on

A Texas House Committee has passed a Republican-backed bill to create a Bitcoin reserve, which now only needs a successful full floor vote before heading to the governor’s desk.
The Texas House Committee on Delivery of Government Efficiency passed Senate Bill 21 with no amendments on May 7 in a 9-4

Key takeaways:
Inter Milan Fan Token jumped 10.5% after beating Barcelona, showing a direct price correlation with match outcomes.
PSG and AFC fan tokens signal breakout patterns ahead of the Champions League semifinal.
Crypto betting odds favor PSG over Inter Milan, influencing fan token

Key takeaways:
XRP price is up 2% on May 7, buoyed by US-China trade talk optimism, with key support at $2.08 critical for sustained recovery.
Whale accumulation signals XRP price strength.
XRP price must hold above $1.83–$2.00 support to continue upside, analysts say.
XRP (XRP) price