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Trump Media’s Q1 loss widens to $406 million on bitcoin, CRO cuts

Trump Media & Technology Group (DJT) reported a first-quarter net loss of $405.9 million on $871,200 in revenue, up from $31.7 million a year earlier, as unrealized losses on its crypto holdings weighed on results. The parent company of Truth Social booked $244 million in unrealized losses on its cryptocurrency holdings. It also recorded an […]

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Sports betting should be regulated as a financial product, not gambling, says a hopeful market operator

MIAMI BEACH, Fla. – Sports betting should be regulated as a federal financial product rather than a state-licensed casino product, two panelists said Thursday. Speaking at Consensus Miami 2026, Jacob Fortinsky, co-founder and CEO of sports betting platform Novig, said the old sportsbook model is structurally broken because it treats winning players as cheaters. “Sports

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It may be too late for bitcoin’s quantum migration, the Project Eleven report claims

More than $3 trillion in digital assets could eventually become vulnerable to theft within the next four to seven years, according to a new report from Project Eleven. Project Eleven focuses on post-quantum security and migration for digital assets and recently announced a collaboration with the Solana Foundation to prepare its network for the threat

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The crypto industry is cheering the Senate Clarity Act mark date as market structure resumes

The Senate Banking Committee will meet on Thursday, May 14, to consider the Digital Asset Market Clarity Act of 2025, putting the crypto market structure bill back on the calendar after a postponement in January. The announcement follows months of conversations about regulatory jurisdiction, consumer protections, developer protections and stablecoin rewards. CoinDesk reported last week

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Soon, traders will be able to bet on bitcoin volatility, not just price, on CME

For most people trade cryptocurrencies like bitcoin BTC$80,285.43boils down to a simple question: Will prices go up or down? But there is another dimension to trading, which is volatility, a measure of how volatile prices can be regardless of direction. It’s already a hugely popular trade in the stock markets, and now CME will bring

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How DeFi is changing the economic landscape for Latin Americans

For decades, Latin Americans have lived with financial constraints that citizens of more developed economies rarely think about: periodic currency devaluations, inflationary shocks, limited access to credit and banking systems that often fail to reward savers. A new layer of innovation is now reshaping the region’s economic landscape. Decentralized finance – DeFi – is quietly

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LayerZero says it ‘made a mistake’ in $292 million Kelp exploit

LayerZero said late Friday US time that it “made a mistake” by allowing its own verification infrastructure to secure high-value cryptoassets in a vulnerable configuration, marking a notable shift in tone after weeks of blaming developer Kelp DAO for a $292 million hack linked to North Korean attackers. The admission marks a remarkable shift after

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Arbitrum Approves $71 Million ETH Release Despite US Seizure Fight

Arbitrum delegates signaled support, in a non-binding sentiment check, for a plan to release $71 million in ether frozen after last month’s Lazarus-linked rsETH exploit, amid an active US court battle over ownership of the funds. The so-called phase one of the temperature check, which closed Friday afternoon Hong Kong time with more than 90%

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