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

Senator Elizabeth Warren is seeking clarity from the SEC regarding the protection of retirement savers amidst the Trump administration's push to include cryptocurrencies in 401(k) plans. Warren expressed concerns about potential risks, higher fees, and reduced transparency for investors. She emphasized the need for the SEC to address these issues promptly.

Vitalik Buterin has raised concerns about the weaknesses in today's decentralized stablecoins, pointing out flaws such as reliance on a single fiat price reference, manipulable oracle systems, and distorted stablecoin economics. Stablecoins have seen significant growth, but Buterin argues for new designs less dependent on the U.S. dollar.

Bakkt Holdings' share price surged after announcing the acquisition of Distributed Technologies Research in an equity-based deal pending SEC and shareholder approval. The move aims to accelerate the company's strategy in programmable money and financial infrastructure, with Akshay Naheta becoming the sole CEO.

World Liberty Financial, backed by Donald Trump, launched World Liberty Markets, a lending platform powered by Dolomite. The platform supports various assets, including USD1 stablecoin and WLFI token.

Vitalik Buterin is advocating for Ethereum to adopt quantum-resistant cryptography to ensure long-term security and stability. He emphasizes the importance of preparing for quantum computing threats before they become a reality, urging the network to pass the "walkaway test" for enduring value.

Eric Adams, the former mayor of New York City, endorsed a cryptocurrency named “NYC Token” during a press conference in Times Square. The token aims to combat antisemitism, promote blockchain technology, and support charitable causes.

BitGo, a crypto wallet and custody provider, has filed for a U.S. initial public offering to raise up to $200 million, potentially valuing the firm at nearly $2 billion. The company plans to offer around 11.8 million shares of Class A common stock at $15-17 per share on the New York Stock Exchange.

Bitcoin and Ethereum ETFs have lost $1.3 billion of their $1.5 billion inflows since January, with Bitcoin experiencing $405 million outflows last week. Altcoins like XRP, Solana, and Sui, however, drew inflows of $45.8 million, $32.8 million, and $7.6 million, respectively.

TRM Labs' 2026 Crypto Crime Report reveals that UK-based crypto exchanges Zedcex and Zedxion facilitated billions in stablecoin transfers for Iran's IRGC, evading sanctions. The report exposes the interconnected operations of the two companies, with significant funds moved on behalf of the IRGC.

The Tennessee Sports Wagering Council has issued cease-and-desist orders to prediction market platforms like Polymarket, Kalshi, and Crypto.com, demanding the removal of sports-related wagers accessible to Tennessee customers. These companies face fines up to $25,000 for violating state regulations.