TeraWulf's Q1 2026 Net Loss Surged to Over $427 Million, With AI Compute Revenue Beating Bitcoin Mining

X is cracking down on apps that incentivize users to post on the platform, causing a drop in the price of Kaito's token by over 15% in just 30 minutes. Head of Product Nikita Bier announced the initiative to improve user experience by eliminating AI spam.

Group-IB warned about a new ransomware strain, DeadLock, using Polygon smart contracts for proxy server rotation. The malware, first identified in July 2025, has infected a limited number of victims and lacks a public affiliate program or data-leak site.

Ripple is providing $150 million to LMAX Group to integrate its RLUSD token into the exchange's infrastructure, aiming to enhance cross-asset capabilities for institutional clients. This move reflects the growing momentum of stablecoins in institutional market access beyond crypto-native use, with RLUSD positioned as a highly-regulated stablecoin for institutions.

MetaMask has expanded its support to include the Tron blockchain, allowing users to manage Tron-based assets and interact with apps directly within the wallet interface. This move follows previous additions of Bitcoin and Solana support, enabling swaps between different networks.

Bank of America's CEO predicts that interest-bearing stablecoins could divert $6 trillion from bank deposits, potentially impacting small-to-medium-sized businesses. The proposed Senate Banking draft would restrict stablecoins from earning interest, affecting lending capacity in the traditional banking system.

Solana's ETFs experienced a significant inflow of $23.57 million, the highest in four weeks, indicating potential momentum to break its subdued trend. Despite some hesitation in the market, Solana's fundamentals show strength with growing companies and increased activity on platforms like Pump.fun.

SG-FORGE, the cryptocurrency arm of Societe Generale, collaborated with Swift to settle tokenized bonds using their MiCA-compliant stablecoin. This transaction showcased key market operations like settlement, coupon payments, and redemption, demonstrating the potential for faster settlements through existing payment infrastructures.

Project Eleven, a startup led by a former U.S. Special Forces officer, secured a $20 million Series A funding round with Castle Island Ventures and Coinbase Ventures. The company focuses on helping blockchains transition to quantum-resistant environments due to potential threats from advancements in quantum computing.

Bitwise's CIO draws parallels between Bitcoin ETFs and gold's historical surge, suggesting a potential parabolic move for the cryptocurrency. The pattern of sustained buying absorbing selling pressure has been observed before, indicating a potential price explosion for Bitcoin.

The Senate Banking Committee has postponed the markup of the bipartisan crypto market structure bill, adding to earlier delays by the Agriculture Committee. The bill, known as the CLARITY Act, aims to establish regulatory jurisdiction for crypto between the SEC and the CFTC.