Crypto World
Ethereum Foundation sends 10K ETH to BitMine again
The Ethereum Foundation has completed another over-the-counter ETH sale to BitMine Immersion Technologies.
Summary
- Ethereum Foundation sold 10,000 ETH to BitMine, marking its third OTC deal in two months.
- Community members questioned repeated ETH sales after the foundation also unstaked about $40 million in assets.
- The foundation says ETH sales support operations, grants, protocol research, and wider ecosystem development work.
The move came as the foundation continued to face questions over its treasury activity, grant funding, and recent unstaking of ETH.
The Ethereum Foundation sold 10,000 ETH to BitMine at an average price of $2,292 per coin. The deal was worth about $22.9 million and marked its third OTC sale to the company in two months.
The foundation said the sale would support its operating needs. It wrote, “This sale funds the Ethereum Foundation’s core operations and activities.” It also listed protocol research, ecosystem work, and community grants as funding areas.
The latest transaction followed another 10,000 ETH sale to BitMine one week earlier. That earlier deal happened at an average price of $2,387 per ETH. In March, the foundation also sold 5,000 ETH to BitMine at about $2,043 per coin.
Together, the recent sales have renewed debate around how the foundation manages its ETH holdings. Some community members questioned the pace of the sales, especially as ETH traded near $2,300.
Community questions grow after repeated sales
The foundation’s latest sale drew criticism from some Ethereum users. One user asked, “Why do you need $46 million in 2 weeks?!” The comment reflected concern over spending, treasury planning, and payment choices for developers.
The debate also followed a separate move by the foundation to unstake 17,035 ETH, worth about $40 million. Arkham data showed that the foundation deposited wrapped staked ETH into Lido’s unstETH contract as part of the withdrawal process.
Crypto.news reported that the foundation had not publicly explained the unstaking move at the time. Some market users questioned whether the ETH could later move to exchanges or be sold.
However, no official statement linked the unstaking to a market sale. In Ethereum, unstaking starts a withdrawal request and returns ETH after the queue process ends.
Grants point to long-term Ethereum work
The sales come as the foundation continues to fund Ethereum research and development. Its Q1 2026 grant report focused on zero-knowledge research, cryptography, core clients, validator security, and public infrastructure.
The grants included support for Geth, Erigon, Lighthouse, validator security tools, and node discovery work. The foundation also backed projects tied to Poseidon hash analysis, quantum-resistant systems, and formal verification for RISC-V-based zkVM infrastructure.
Funding also went to developer education, WalletConnect clear-signing tools, L2BEAT analytics, privacy tools, identity standards, and DAO governance research. These areas show that the foundation is still directing capital toward network infrastructure rather than short-term market activity.
Crypto World
CLARITY Act Nears Critical Senate Vote as Stablecoin Yield Deal Emerges
Key Takeaways
- A prominent crypto executive believes the digital asset sector will remain resilient regardless of whether the CLARITY Act becomes law
- Current regulatory agencies are already establishing frameworks that provide necessary guidance for cryptocurrency companies
- A bipartisan agreement on stablecoin yield restrictions emerged from Senators Tillis and Alsobrooks, resolving the legislation’s primary roadblock
- The compromise prohibits yield structures resembling traditional bank deposits while permitting rewards linked to genuine user engagement
- Major industry players including Coinbase, Circle, and the Blockchain Association endorsed the framework and called for swift committee action
Legislative momentum for the CLARITY Act accelerated following a breakthrough agreement on one of its most contentious provisions — the treatment of stablecoin yield payments. Yet despite this progress, a leading cryptocurrency executive maintains the sector’s prospects remain strong with or without congressional action.
During an appearance on Cointelegraph’s Chain Reaction podcast Friday, Chris Perkins, who leads 250 Digital Asset Management as CEO, expressed confidence in the industry’s current regulatory environment, regardless of new federal legislation.
Perkins highlighted the work being done by the Securities and Exchange Commission under Chair Paul Atkins and the Commodity Futures Trading Commission led by Chair Michael Selig. According to him, both agencies are actively developing policies and establishing crucial precedents.
“These regulators are delivering exactly what we’ve desperately needed — predictability, consistency, and most importantly, clear classification standards,” Perkins explained.
He emphasized a fundamental transformation in how securities classification impacts cryptocurrency ventures. During Gary Gensler’s tenure as SEC Chair, receiving a security designation typically triggered enforcement actions, exchange delistings, and regulatory dead ends. The landscape has fundamentally shifted.
“Previously, securities classification spelled disaster for projects. Today, it actually provides a viable regulatory pathway,” Perkins observed.
Perkins acknowledged that formal legislation would offer greater permanence against future policy reversals. “Congressional action creates durable frameworks — reversing statutory law proves exponentially more difficult,” he noted.
Breakthrough on Stablecoin Rewards
Friday brought the release of compromise language from Senators Thom Tillis and Angela Alsobrooks addressing stablecoin yield provisions, which represented the bill’s last significant hurdle.
The revised framework prohibits cryptocurrency platforms from distributing interest or yield on stablecoin holdings that functionally replicate traditional bank deposit products. Conversely, it permits reward structures connected to authentic platform engagement and transaction activity.
Companies will need to transition their incentive programs away from passive holding strategies toward models that reward active platform participation.
Blockchain Association CEO Summer Mersinger characterized the agreement as meaningful progress. She cautioned that continued regulatory uncertainty drives innovation and investment away from American shores.
Dante Disparte, Circle’s Chief Strategy Officer, offered unqualified support for the compromise, citing USDC’s expanding role in payment systems and capital markets infrastructure.
Coinbase faced particularly high stakes in the outcome. CEO Brian Armstrong responded to the released text with “Mark it up” on social media. Paul Grewal, the company’s Chief Legal Officer, confirmed the language safeguards reward programs connected to legitimate platform usage.
Lingering Industry Questions
While the Crypto Council for Innovation expressed support for the legislation, the organization identified potential concerns. CEO Ji Hun Kim noted the current language extends beyond last year’s GENIUS Act, which restricted only issuer-paid rewards. The updated provisions apply more broadly across digital asset market participants.
Despite reservations, Kim advocated for advancing the bill. “Our fundamental objective remains ensuring American leadership in cryptocurrency innovation,” he stated on X.
Senator Bernie Moreno projected the CLARITY Act would secure passage before May concludes. Senator Cynthia Lummis declared in April: “This represents our window of opportunity.”
The Senate Banking Committee had previously delayed markup proceedings scheduled for January.
Crypto World
5 Cryptocurrencies Analysts Are Monitoring Closely This May 2026
Key Takeaways
- Recent Bitcoin ETF activity brought approximately $1.9 billion in fresh capital inflows
- Ethereum spot ETFs recorded around $101 million in net inflows on the first day of May, while Bitcoin ETFs attracted $630 million
- Solana remains under observation due to ecosystem expansion, transaction efficiency, and potential ETF approval prospects
- XRP continues attracting attention for its cross-border payment use case and responsiveness to regulatory developments
- Dogecoin delivered its most impressive monthly performance in nine months, surpassing both Bitcoin and XRP returns
As May unfolds, cryptocurrency market participants are focusing their attention on a select group of digital assets with compelling narratives. While Bitcoin maintains its position as the dominant cryptocurrency, Ethereum, Solana, XRP, and Dogecoin are capturing interest for distinct strategic reasons. Exchange-traded fund activity, regulatory developments, and renewed retail participation are influencing which tokens appear on investor radars this month. This analysis doesn’t suggest guaranteed price appreciation across all five assets—rather, it examines the specific factors making each worthy of close monitoring.
Bitcoin
Bitcoin possesses the most robust institutional adoption narrative entering May. The aggregate cryptocurrency market capitalization has climbed to approximately $2.6 trillion, with Bitcoin trading in the upper-$70,000 territory.
United States spot Bitcoin ETF capital flows have strengthened considerably, with data indicating roughly $1.9 billion in recent institutional demand. May 1st alone witnessed approximately $630 million in net capital flowing into Bitcoin spot ETFs.
Exchange-traded fund movements have emerged as a critical barometer for Bitcoin demand because they reflect participation from established, regulated financial institutions. The primary consideration is that Bitcoin has already mounted a substantial recovery from previous lows, meaning any deceleration in institutional flows could create headwinds near technical resistance zones.
Ethereum
Ethereum is capturing market attention as demand momentum builds, despite trailing Bitcoin in recent price appreciation.
Ethereum spot ETFs registered approximately $101 million in net inflows on the first trading day of May. Ethereum continues serving as the foundational infrastructure for decentralized finance protocols, stablecoin issuance, asset tokenization, and blockchain applications.
This comprehensive utility profile provides broader investment appeal compared to most major cryptocurrency assets. Some market participants are awaiting more decisive price momentum before increasing their allocation.
Solana
Solana ranks among May’s most closely monitored alternative cryptocurrencies. This prominent Layer-1 blockchain platform has gained recognition for transaction throughput, active retail trading, and new project launches.
Market observers are tracking network enhancements and the potential introduction of a regulated Solana spot ETF product. CoinDCX highlighted that Solana interest correlates with anticipated protocol improvements and the possibility of institutional capital access through approved exchange-traded funds.
While Solana confronts competition from Ethereum scaling solutions and alternative high-performance blockchains, its technical capabilities and engaged user community maintain its prominence on altcoin watchlists.
XRP
XRP maintains close scrutiny from retail market participants, particularly during periods of U.S. cryptocurrency regulatory activity. The asset features a well-defined cross-border payments thesis and benefits from an established, vocal community.
Recent market commentary has included XRP in discussions surrounding ETF developments and cryptocurrency sector rotation. The Motley Fool referenced that Ethereum, Solana, and XRP exchange-traded funds all experienced inflows during a recent timeframe, while emphasizing that brief periods of positive flows don’t necessarily establish durable trends.
XRP demonstrates pronounced sensitivity to regulatory announcements. Should policy developments disappoint or retail enthusiasm wane, price momentum can reverse rapidly.
Dogecoin
Dogecoin recorded its strongest monthly performance in nine months, delivering returns that exceeded both Bitcoin and XRP during that timeframe. This resurgence has returned the token to retail investor watchlists throughout social platforms and trading applications.
Unlike the other cryptocurrencies discussed here, Dogecoin lacks comparable fundamental value propositions. Price movement is predominantly influenced by market sentiment, social media trends, and general risk appetite among traders.
During periods when market participants demonstrate increased willingness toward speculative positioning, meme-oriented cryptocurrencies like Dogecoin frequently experience accelerated price action.
Final Thoughts
These five cryptocurrencies each present distinct narratives driving investor consideration throughout May 2026. Bitcoin commands attention through institutional capital flows. Ethereum dominates decentralized finance and Web3 infrastructure development. Solana represents a high-growth Layer-1 alternative. XRP connects to payment solutions and regulatory outcomes. Dogecoin reflects retail market sentiment and meme cryptocurrency dynamics.
According to the latest available data, Bitcoin ETF inflows constitute the strongest verifiable demand indicator currently visible in the market, with alternative cryptocurrency interest strengthening alongside improving overall crypto market sentiment in May.
Crypto World
New York secures $5M from Uphold over CredEarn promotion
New York Attorney General Letitia James has secured more than $5 million from crypto platform Uphold.
Summary
- Uphold will pay over $5 million directly to customers affected by the failed CredEarn product.
- New York said CredEarn users were not told about risky lending behind advertised returns clearly.
- The settlement adds to New York’s wider enforcement push against crypto products and market operators.
The settlement relates to Uphold’s promotion of CredEarn, a crypto savings product tied to Cred, LLC.
The New York Attorney General’s office said Uphold promoted CredEarn between January 2019 and October 2020. The product was marketed to users through Uphold’s platform and mobile app as a reliable crypto savings product with interest payments.
The settlement said CredEarn came from Cred, LLC and its CEO Daniel Schatt. New York said the product misled investors because customers did not receive a clear view of the risks behind the advertised returns.
New York says key risks were not disclosed
The Attorney General’s office said Uphold did not tell customers that Cred used funds to make risky loans to borrowers in China. Those borrowers included low-income video game players with no credit histories and limited access to banks.
New York also said Uphold told users that Cred had “comprehensive insurance.” The office found that claim false, saying no such insurance protected retail investors from digital asset losses at the time.
Additionally, Cred began facing losses from its lending activity in March 2020. It filed for bankruptcy later that year, leaving thousands of Uphold customers with losses after they had placed digital assets into CredEarn.
Under the settlement, Uphold will pay more than $5 million directly to affected customers. The amount is more than five times the fees Uphold collected from the arrangement. Any money Uphold recovers from Cred’s bankruptcy case will also go to harmed investors.
Uphold registration issue adds pressure
The Attorney General’s office also said Uphold operated without required broker or commodity broker-dealer registration. The settlement document states that digital assets are commodities under New York’s Martin Act and that Uphold failed to register while offering crypto and promoting CredEarn.
James said, “Investors should be able to trust the industry advice they receive.” Uphold has disputed parts of the state’s framing. Its CEO Simon McLoughlin said he was “deeply disappointed” and called the Attorney General’s statement “profoundly inaccurate.”
New York keeps pressure on crypto firms
The Uphold settlement comes as New York continues its wider crypto enforcement push. Last month, the state sued Coinbase and Gemini over prediction market offerings, alleging that the products violated state gambling laws.
The CFTC later sued New York in federal court, arguing that federal law gives it authority over prediction markets. The separate dispute shows how state and federal regulators are still contesting control over parts of the crypto market.
Crypto World
Ethereum (ETH) Whales Accumulate $322M as CLARITY Act Nears Senate Markup
Quick Summary
- Large Ethereum holders acquired 140,000 ETH valued at $322 million over a 96-hour period, while prices remained relatively stable around $2,300.
- Legislative progress on the CLARITY Act in the US Senate follows a breakthrough compromise on stablecoin yield provisions, with markup scheduled for May 11.
- Over the last month, ETH has climbed approximately 12%, currently changing hands near $2,305.
- The next significant resistance sits at $2,400 — breaking through could pave the way toward $2,600, followed by $2,800.
- Support at $2,200 is crucial; losing this level could push ETH back toward the $1,900 territory.
Ethereum (ETH) maintains its position around $2,305 while major holders discreetly increase their positions and significant US cryptocurrency legislation advances toward a critical vote.

Data published by Ali Charts reveals that substantial ETH investors acquired more than 140,000 ETH during a 96-hour window spanning May 1 through May 3. This represents approximately $322 million in purchasing power. Total whale holdings increased from roughly 13.78 million ETH to nearly 13.98 million ETH. The accumulation pattern suggests deliberate, sustained buying rather than isolated large transactions.
Yet despite this significant whale activity, ETH’s price movement has remained relatively flat. The cryptocurrency registered a modest 0.1% gain in the last 24 hours while experiencing a roughly 1% decline over the past seven days. Current daily trading volume stands at $6.8 billion.
Stablecoin Legislation Makes Headway in Senate
The more significant catalyst for ETH market sentiment could be emerging from Washington. The CLARITY Act — proposed legislation establishing a regulatory framework for stablecoins — faced delays in the US Senate stemming from disagreements about whether stablecoin holders should earn yield. Traditional banking institutions opposed such provisions. Coinbase mounted a defense against yield restrictions.
Senator Tillis facilitated a compromise arrangement. Paul Grewal, Coinbase’s Chief Legal Officer, stated the impasse was unnecessary from the start but expressed satisfaction with the outcome. Galaxy’s crypto analyst Alex Thorn, who previously estimated just 50% odds for CLARITY’s passage this year, has revised his outlook upward. He now anticipates a Senate markup session on May 11.
Critical Support and Resistance Zones
Market analyst Daan Crypto Trades observed on X that Ethereum is presently encountering resistance at the weekly 200 moving average — a natural area for consolidation. He identified $2.1K as an important level across higher timeframes, suggesting a breakthrough above $2,400–$2,500 might trigger a move toward $2,800.
ETH has been establishing progressively higher lows since establishing support in the $1,800–$2,000 zone during the earlier part of the year. A descending wedge formation is taking shape on the chart, which technical analysts often interpret as a potentially bullish reversal indicator.
The $2,200 level represents the critical support floor that traders are monitoring closely. A decisive drop beneath this threshold could reintroduce $1,900 as a target. Looking upward, $2,400 represents the initial resistance barrier to overcome. Successfully clearing this level could establish pathways toward $2,600 and subsequently $2,800.
The latest blockchain data confirms that whale addresses continue expanding their ETH positions, with aggregate holdings reaching nearly 13.98 million ETH as of May 3.
Crypto World
7 Critical Crypto Mistakes Every New Investor Must Avoid in 2026
Key Takeaways
- Investing in hyped-up cryptocurrencies without proper due diligence typically results in financial setbacks once excitement wanes
- Concentrating your entire investment in a single digital asset amplifies exposure in an inherently unstable marketplace
- Overlooking Bitcoin’s market movements can leave altcoin holders unprepared when downward trends emerge
- Meme-based tokens present substantial dangers and shouldn’t form part of a sustainable investment approach
- Selling during routine market corrections and relying on speculative forecasts represent frequent and expensive missteps
The cryptocurrency landscape operates at breakneck speed. Valuations can surge or plummet within mere hours, fresh tokens debut constantly, and digital platforms overflow with guidance that doesn’t always merit attention. For newcomers stepping into this space in 2026, sidestepping fundamental errors proves more valuable than pursuing speculative wins.
Below are seven critical missteps that cryptocurrency novices should consciously avoid.
1. Investing in Cryptocurrencies Simply Because They’re Viral
Whenever a digital asset gains explosive traction across TikTok, Reddit, or X, inexperienced traders frequently rush to participate. However, once the majority notices the trend, initial investors are often already exiting their positions. The essential questions to consider: What purpose does this project serve? Is this price movement driven by substantive developments or merely speculation?
2. Allocating Your Entire Capital to a Single Asset
Concentrated exposure presents genuine danger in cryptocurrency markets. When one token experiences a 30% to 40% decline, an undiversified portfolio can suffer devastating losses. Bitcoin and Ethereum are typically regarded as more stable options, whereas lesser-known altcoins introduce heightened volatility. Diversification remains crucial, regardless of portfolio size.
3. Disregarding Bitcoin’s Market Influence
Numerous newcomers concentrate exclusively on their chosen cryptocurrency. This represents a critical oversight. Bitcoin continues to dictate overall market psychology. During significant Bitcoin downturns, the vast majority of alternative coins experience parallel declines. Monitoring Bitcoin’s trajectory, institutional demand through ETFs, and critical support levels provides valuable insight into broader market direction.
4. Pursuing Meme Tokens Without Understanding the Dangers
Meme-driven cryptocurrencies can experience rapid appreciation, making them magnets for inexperienced investors. Equally, they can collapse with startling speed. Most lack genuine utility and depend almost exclusively on viral social media momentum. Numerous projects are engineered to enrich early participants before inevitable price deterioration. While potentially entertaining, they represent unsuitable foundations for lasting wealth building.
5. Compromising on Security Measures
Storing digital assets on questionable platforms or interacting with suspicious links continues as a leading cause of cryptocurrency theft in 2026. Implement two-factor authentication, utilize reputable wallet solutions, and create robust passwords. Your seed phrase should never be disclosed to anyone. Legitimate exchanges and wallet providers will never request this information.
6. Making Impulsive Sales During Routine Market Swings
Cryptocurrency markets can experience 10% to 20% corrections without altering fundamental prospects. Unprepared investors lacking strategic frameworks frequently liquidate positions at the least opportune moments. Before committing capital, establish clear rationales for your investment, determine your intended holding period, and identify conditions that would alter your thesis. Strategic planning minimizes emotion-driven choices during volatile periods.
7. Accepting Every Online Forecast as Gospel
The crypto sphere overflows with ambitious price projections. Many exist purely to generate engagement or expand follower counts rather than provide meaningful analysis. These predictions frequently omit critical considerations including token supply dynamics, regulatory developments, and market liquidity. Approach forecasts as subjective viewpoints rather than certainties. Instead, concentrate on measurable factors: real-world adoption rates, development team activity, exchange partnerships, and prevailing market conditions.
Closing Perspective
Successful crypto participation doesn’t require capturing every upward movement. Success stems from avoiding the errors that inflict the greatest financial harm. Thorough research, robust security practices, portfolio diversification, and patient execution outweigh trend-chasing behavior. Markets compensate disciplined approaches while penalizing impulsive decisions made without proper planning. For newcomers navigating 2026’s crypto environment, maintaining simplicity and consistency often delivers the most reliable results.
Crypto World
Solana (SOL) Revisits Critical Support Zone That Fueled Previous 2,200% Surge
TLDR
- SOL currently hovers between $80–$85, a price area that previously ignited significant rallies across market cycles.
- Liquidation data reveals concentrated short positions clustered between $84 and $87.
- Bulls must reclaim $106.24 to confirm renewed upward momentum in the market.
- Crypto analyst Patel highlights SOL’s return to the accumulation zone that preceded a 2,200% price increase.
- An extended triangle consolidation pattern suggests a potential breakout ranging from $250–$300 if current support levels hold.
Solana currently finds itself trading within the $80 to $85 range as of this writing, a price territory that has historically marked significant turning points across multiple market cycles. Following a steep decline exceeding 70% from its 2025 peak values, SOL has returned to this familiar zone.

This price region holds substantial historical significance for SOL. During the 2021 bull market, the asset surged from single-digit dollar values to surpass $250. Following the 2022 market downturn that pushed prices near $10, SOL gradually recovered and eventually climbed to fresh highs approaching $290 in the subsequent cycle.
Prominent market analyst Crypto Patel drew attention to this historical parallel in a recent social media post. Patel stated: “$SOL is back at the same buy zone that pumped it 2,200% last cycle. Will it hit $1000 in alt season?” This observation underscores a recurring pattern where this particular price range has consistently functioned as a foundation for substantial upward movements.
Critical Price Levels Under Observation
Liquidation heatmap data provided by CoinAnk reveals accumulating short positions concentrated within the $84 to $87 range. After touching approximately $81, price action has bounced back toward this upper concentration area. These heatmaps identify zones where leveraged traders face potential forced liquidations should price action reach specific thresholds.
Market analyst Don has identified $106.24 as the crucial resistance level that SOL must overcome. Breaking above this threshold would signal a validated shift toward bullish price action. Beyond $106, the next significant target emerges at $260.17, though this remains considerably distant from current levels. Should buyers lose control of present support, the analysis suggests a possible retest of $80 or potentially lower levels.
Triangle Consolidation Builds Tension
Technical analyst Javon Marks presented chart analysis revealing SOL confined within an expansive triangle formation. This pattern demonstrates progressively lower peaks and higher troughs developing over an extended timeframe, a structure that typically precedes significant directional price movement.
Solana presently trades near the bottom boundary of this triangle formation, approximately within the $75 to $85 range. Should buyers successfully maintain this support zone, potential breakout objectives emerge between $250 and $300. Conversely, a breakdown beneath the mid-$60 area would invalidate this technical structure and bring the $45 region into consideration.
As of current market conditions, SOL maintains its position within the $80 to $90 support corridor, with $106.24 standing as the next decisive level bulls must overcome to establish upward control.
Crypto World
CISA adds Linux Copy Fail flaw to exploited bug list
A newly disclosed Linux security flaw has drawn attention from U.S. cyber officials after researchers warned that attackers could use a small Python script to gain root access on affected systems.
Summary
- CISA added Copy Fail to its exploited bugs list after reports of active Linux abuse.
- Researchers said attackers need prior code access before using the flaw to gain root rights.
- Crypto exchanges and nodes may review Linux exposure because many critical systems run affected distributions.
The flaw, known as Copy Fail and tracked as CVE-2026-31431, affects many Linux distributions released since 2017. CISA has added the bug to its Known Exploited Vulnerabilities catalog, citing active exploitation risk.
Copy Fail is a local privilege escalation bug in the Linux kernel. It does not give remote access by itself. An attacker must already have code execution on the system before using the flaw to gain root rights.
Security researchers said the flaw affects major Linux distributions, including Ubuntu, Red Hat, SUSE, and Amazon Linux. Microsoft also warned that the bug could affect cloud workloads and Kubernetes environments.
Researchers warn about simple exploit path
Theori and Xint Code linked the issue to the Linux kernel’s crypto subsystem. Researchers said the bug allows an attacker to corrupt the in-memory page cache of readable files, including privileged binaries.
Researcher Miguel Angel Duran described the exploit as unusually simple, saying, “10 lines of Python” may be enough to gain root access on affected systems. Another researcher called the flaw “insane,” reflecting concern over how small the exploit can be.
Moreover, CISA added CVE-2026-31431 to its Known Exploited Vulnerabilities catalog on May 1. The agency said the Linux kernel contains an incorrect resource transfer flaw that can allow privilege escalation.
The KEV listing means federal civilian agencies must follow CISA’s remediation timeline. Private companies also often use the catalog to rank patching work, especially when public exploit code exists.
Crypto firms may review Linux exposure
Linux powers many crypto exchanges, blockchain nodes, validators, custodians, and cloud-based trading systems. That makes patching important for firms that run critical infrastructure on affected distributions.
The flaw does not directly target crypto wallets or blockchains. However, it could create risk if an attacker first gains access to a Linux server and then uses Copy Fail to obtain root control.
Theori CEO Brian Pak said the team reported the vulnerability privately to the Linux kernel security team on March 23. Patches reached the mainline kernel on April 1, while the CVE was assigned on April 22.
Security firms have urged users to apply patched kernels where available. Sophos said public proof-of-concept exploit code exists and organizations should prioritize fixes for multi-tenant Linux hosts and container platforms.
Crypto World
Riot Platforms (RIOT) Shares Surge 7% on Strong Q1 Performance and Data Center Launch
Key Takeaways
- Riot Platforms delivered Q1 2026 revenue of $167.2M, propelled by its newly launched data center operations
- The company’s data center segment generated $33.2M in its inaugural quarter, with AMD expanding its contracted capacity from 25MW to 50MW
- Bitcoin mining income declined to $111.9M from $142.9M year-over-year amid lower cryptocurrency valuations and a 24% surge in network difficulty
- The company maintained 15,679 BTC valued at approximately $1.1B at quarter close, having liquidated over $250M in Bitcoin throughout Q1
- RIOT shares finished Friday’s session 7.31% higher at $18.50, though dipped 0.57% to $18.40 in extended trading
Riot Platforms shares advanced 7.31% to close at $18.50 Friday following the company’s announcement of $167.2 million in first-quarter 2026 revenue, exceeding analyst projections and representing its inaugural period as an active data center provider.
The impressive revenue figure was significantly supported by $33.2 million from data center operations — representing an entirely new revenue category for Riot, which officially commenced operations in this segment during the reporting period.
Meanwhile, Bitcoin mining income contracted to $111.9 million compared to $142.9 million in the corresponding 2025 quarter. The decline resulted from two primary headwinds: reduced average cryptocurrency valuations and a 24% expansion in the global network hash rate, intensifying competition and operational expenses.
The company produced 1,473 BTC throughout the quarter, marginally below the 1,530 coins mined in the prior-year period. Production costs per Bitcoin increased to $44,629 from $43,808.
Chief Executive Jason Les characterized the quarter as “a definitive inflection point,” highlighting the data center debut as representing a fundamental transformation in the company’s business model.
AMD, which originally secured 25 megawatts of infrastructure capacity, activated an option to expand that allocation to 50 megawatts during the period — a development Les cited as validation of Riot’s capability to deliver enterprise-grade solutions.
Diversified Revenue Streams Through Data Centers and Engineering
Engineering revenue, encompassing infrastructure support services, climbed to $22.2 million from $13.9 million in the year-ago quarter, establishing a third distinct income channel alongside mining and data center activities.
Together, data center and engineering operations now represent a substantial share of Riot’s overall revenue profile — diminishing the firm’s dependence on Bitcoin price volatility.
As of quarter conclusion, Riot possessed 15,679 BTC with an estimated value of $1.1 billion calculated using the March 31 Bitcoin price of $68,222. Among these holdings, 5,802 coins served as collateral.
The firm reported $282.5 million in cash reserves, though $76.9 million carried restrictions. Riot additionally liquidated Bitcoin holdings exceeding $250 million in value during the three-month period.
Following regular market hours, RIOT shares retreated 0.57% in extended trading to $18.40.
Bitcoin Miners Increasingly Target AI and Data Infrastructure
Riot’s strategic evolution reflects a broader industry trend. Bitcoin mining companies throughout the sector are pivoting toward AI infrastructure as compressed profit margins encourage pursuit of more predictable revenue sources.
Core Scientific is transforming its Pecos, Texas facility into a 1.5-gigawatt data center campus targeting AI workloads. MARA Holdings has secured a controlling interest in French AI infrastructure provider Exaion.
Hive, Hut 8, TeraWulf, and Iren are similarly repurposing mining operations into data center facilities.
Riot concluded Q1 2026 holding 15,679 BTC and operating a freshly launched data center business that produced $33.2 million in revenue during its first operating quarter.
Crypto World
Bitcoin (BTC) Surges 11.87% in April as ETF Inflows Nearly Double to $2.4B
Key Highlights
- Bitcoin delivered an 11.87% return in April 2026, marking its strongest monthly showing since April 2025.
- U.S. spot Bitcoin ETF products attracted $2.44 billion in net capital during April, almost twice March’s figure.
- BlackRock’s iShares Bitcoin Trust (IBIT) accounted for more than 70% of April’s ETF inflows.
- Bitcoin currently trades near $78,000, approximately 38% beneath its record peak of $125,100.
- Macroeconomic challenges such as Federal Reserve policy uncertainty and international tensions continue to restrain momentum.
Bitcoin wrapped up April with an impressive 11.87% monthly advance, representing its most robust performance over the past 12 months. The digital asset began the month trading around $66,000 before climbing to approximately $78,000 by month’s end, per CoinMarketCap tracking.

This performance came close to matching Bitcoin’s historical April average return of 12.98%, according to CoinGlass statistics. The positive close represents just the second green monthly candle following a streak of five consecutive negative months.
“April is done. May is here. After 5 consecutive red monthly candles, Bitcoin has now closed 2 in the green, causing some relief in the market,” crypto trader Daan Crypto Trades noted in a social media update.
Crypto market analyst Jelle commented: “We hit the ground running again next week.”
At present valuation levels, Bitcoin remains roughly 38% off its October all-time high of $125,100. The Crypto Fear & Greed Index registered at 39, indicating a “Fear” sentiment and suggesting ongoing investor hesitation.
Institutional Capital Fuels Price Strength
The primary catalyst behind April’s upward movement was a substantial influx of institutional capital. U.S. spot Bitcoin exchange-traded funds registered approximately $2.44 billion in net positive flows throughout the month, representing nearly double the $1.32 billion recorded during March.
BlackRock’s iShares Bitcoin Trust (IBIT) dominated the landscape, securing over 70% of total monthly inflows. Total assets under management across all U.S. spot Bitcoin ETFs approached $102 billion as April concluded.
The month’s final trading week experienced some pullback, witnessing roughly $490 million in redemptions between April 27 and April 29. Nevertheless, the overarching trend toward institutional accumulation persists.
Market analyst Don (@DonWedge) identified a critical technical threshold on social media, noting that a breakthrough above the channel near $80,500 would “invalidate the bearish pattern of the ascending channel.” This price level has become a focal point for market participants.
Economic Headwinds Persist
The trajectory toward $80,000 and higher price targets confronts multiple challenges. Heightened tensions between the United States and Iran, coupled with naval blockades, have maintained a “war premium” on crude oil markets, complicating inflation dynamics.
Research from Nexo Dispatch indicates that Bitcoin’s journey to fresh record levels hinges significantly on Brent crude declining below $100 per barrel and reduced geopolitical risk premiums.
The Federal Reserve maintained its benchmark rate at 3.50%–3.75% during its latest policy meeting, though the decision revealed internal division — registering the highest dissent count since 1992. Outgoing Fed Chair Jerome Powell, scheduled to depart later this month, cautioned that inflationary pressures have not fully subsided.
Michael van de Poppe, founder of MN Trading Capital, expressed his view that Bitcoin may not require additional catalysts to recapture the $100,000 threshold. “There doesn’t need to be a narrative that pushes the price upwards,” he stated in a social media post.
Blockchain analytics platform CryptoQuant presented a more cautious perspective, suggesting that April’s advance was primarily driven by futures market activity and could potentially trigger an extended correction spanning multiple months.
Current Bitcoin options markets assign only a 25% probability to BTC reaching $84,000 by the end of May.
Crypto World
New Crypto Projects Gain Ground as 275 Tokens Rise and Pepeto Presale Crosses $9.7M Before Listing
The crypto market posted a strong bullish tilt today as 275 out of 390 tracked tokens ended in the green, pushing the total market cap to $2.68 trillion. Every new crypto project benefits from that kind of broad momentum because rising tides lift the coins that already have capital behind them.
Bitcoin held above $78,000 for the first time since February, and the market is showing signs that the worst of the fear cycle may be over. Pepeto is leading the new crypto conversation after pulling more than $9.7 million into its presale before a Binance listing.
Motley Fool reported the crypto market cap increased 2.2% to $2.68 trillion on May 1 as Bitcoin pushed past $78,000 and tech stocks set new highs.
The CoinGecko daily summary confirmed 275 tokens rising against 115 falling, showing the broadest green day in weeks. This kind of market breadth matters for every smaller entry because it means capital is rotating into younger projects, not just sitting in Bitcoin.
New Crypto Leaders for 2026: Pepeto, BTC, and ETH Reviewed
Pepeto
Every new crypto cycle produces one project that captures the capital and attention at exactly the right moment. Pepeto is filling that role right now with a working marketplace that already clears trades and reviews contracts before listing day opens the doors.
Pepeto brings together token flow from separate chains into one zero fee trading center where no commission touches any order. The bridge transfers assets across networks for free, keeping capital mobile at all times. Every product is live, every contract has been verified by SolidProof, and the people inside the presale already rely on these tools daily.
The contract scanner flags dangerous tokens before a buyer sends capital into a bad position, protecting the money that matters most during early stage entries. The creator of the first Pepe token matched the same 420 trillion token count that produced the structure that produced billions in value with zero built products, and a developer who came from Binance keeps the technical operations at professional exchange standards.
Capital exceeding $9.7 million landed inside the presale while most early stage projects struggled to raise a fraction of that during the fear period, and that level of capital flow during uncertainty is the signal that separates conviction from noise. The entry sits at $0.0000001864 right now, and the Binance listing will remove that number permanently.
The 176% APY staking layer removes tokens from circulation before listing. BTC at $78,300 with a $1.55 trillion cap cannot deliver 100x. But a new crypto presale where SolidProof cleared every contract and a Binance listing sits on the horizon is where analysts see triple digit return potential.
Bitcoin (BTC)
BTC trades near $78,300 as of May 2 after gaining 12.7% in April, its best month since 2025 according to CoinMarketCap. Exchange held BTC dropped to 2.69 million coins while April ETF inflows hit $2.44 billion.
Standard Chartered targets $150,000 by year end. BTC is the anchor of every portfolio, but from $78,300 it delivers steady growth, not the kind of multiplier a new crypto entry at presale stage can offer.
Ethereum (ETH)
ETH trades near $2,296 as of May 2, gaining 8% in April according to CoinMarketCap. Real world asset tokenization on Ethereum tripled to $19.3 billion in Q1 2026. The Pectra upgrade targets staking and layer 2 improvements.
But ETH at $2,296 needs a 2x just to approach its old high of $4,953, and from a $272 billion market cap, 100x is not on the table.
The Verdict
The 275 tokens rising today prove the market is turning, and the broad green day shows capital rotating back into risk assets. But last cycle made millionaires out of the wallets that moved first, and regretting a missed entry only gets heavier with time.
Pepeto is that same moment with a Binance listing approaching and $9.7 million in presale conviction already behind it, and the Pepeto official website shows the clearest second chance to be early that this cycle will offer.
Missing the presale means watching the listing returns from the outside, and no recovery trade in BTC or ETH will match what entering at seven zeros can deliver.
Click To Visit Pepeto Website To Enter The Presale
FAQ
What new crypto projects are worth watching in 2026?
Pepeto leads the new crypto presale space with more than $9.7 million raised, live products, and a Binance listing that analysts say could deliver 100x.
Is now a good time to enter the crypto market?
With 275 tokens rising and market cap at $2.68 trillion, the Pepeto official website shows a presale entry where early holders stand to gain the most.
How does a new crypto presale compare to buying BTC?
BTC at $78,300 delivers steady growth, while a presale at seven zeros with verified products and a confirmed listing gives analysts reason to project 100x.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
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