Your look at what’s coming in the week starting May 11.
News from Web3, Bitcoin and crypto crurrency launches and market updates
Foundry, AntPool, F2Pool, SpiderPool, and MARA Pool are among seven pools joining the Stratum V2 working group, putting nearly three-quarters of global bitcoin hashrate behind a protocol that returns block construction decisions to individual miners.
Sharp move through resistance came with one of the biggest volume spikes in weeks, though profit-taking quickly emerged near session highs.
A long-dormant whale woke up Sunday, moving millions worth of bitcoin on-chain.
Policy at Consensus Miami: State of Crypto
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This was a hectic week.
Senior figures from PayPal and Google Cloud said open payment protocols, machine-readable merchant catalogs and multi-party crypto custody are needed to scale agentic commerce.
The loss was primarily driven by $244 million in unrealized losses on cryptocurrency holdings and an additional $108.2 million investment loss.
Novig CEO Jacob Fortinsky said his company will transition to a federal Designated Contract Market framework this summer to launch in all 50 states, while 57 Maiden’s Adam Mastrelli said he was banned from two major sportsbooks within two months for being “sharp.”
Quantum computing does not only pose a risk to up to $3 trillion in digital assets, it also threatens the security of banking systems, military communications, digital identities and more, Project Eleven’s report warns.
The bill’s progress follows talks on jurisdiction, consumer/developer protections, and stablecoin rewards, with crypto firms backing a yield compromise.
One point three billion adults lack financial services, 4.7 billion lack credit, and 1.4 billion savers in low-income nations earn no deposit interest, Binance said.
Judge Margaret Garnett allowed frozen exploit funds on Arbitrum to move to Aave, but the legal freeze follows the assets as terrorism plaintiffs continue their claim.