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Author: James Wilson
Revolut turns Bitcoin into a UX horror show with a two‑cent “flash crash” that never happened
Revolut briefly showed Bitcoin trading near zero for some users while every major exchange and index still had BTC around $79,000. Summary Revolut briefly showed Bitcoin trading at near-zero levels for some users, even as every major exchange and index provider had BTC around $79,000. The anomaly appears isolated to Revolut’s pricing and display stack, raising hard questions about how neobanks source liquidity, route orders, and protect clients from internal misfires. At Revolut’s scale — 70 million users, over $1 trillion in annual volume — this isn’t a meme; it’s a structural warning about app-layer infrastructure in a market that…
SoftBank has cut a planned OpenAI‑backed margin loan from around $10 billion to roughly $6 billion after banks and private credit funds pushed back on the deal’s structure and the difficulty of valuing OpenAI, an unlisted AI unicorn. Summary SoftBank Group is shrinking a planned margin loan backed by its OpenAI stake from about $10 billion to roughly $6 billion after lenders pushed back. Banks and private credit funds have raised concerns over how to value OpenAI, an unlisted company, and about the structure of the deal. The two‑year loan, extendable by one year, was meant to fuel SoftBank’s next…
Acting Labor Secretary Sandlin’s push for earlier Fed cuts clashes with a cautious central bank, leaving crypto trading a “higher for longer” regime even as the political drumbeat for easing grows louder. Summary Acting US Labor Secretary Sandlin has said the Federal Reserve “should consider lowering interest rates,” putting a senior Biden administration official on the side of earlier easing even as Fed leadership signals patience. The comments land against a backdrop of strong jobs and growth data that have already pushed market expectations for the first Fed cut into late 2026, weighing on bitcoin and other risk assets. For…
Cardano price has started recovering after breaking above a key descending resistance trendline, raising hopes that bulls may attempt a larger move toward the important $0.30 psychological level. Summary Cardano price has rebounded after breaking above a multi-month descending trendline, with ADA climbing nearly 8% from recent weekly lows near $0.245. CoinGlass liquidation heatmap data showed heavy liquidation clusters between $0.28 and $0.30, pointing to a potential volatility zone if bullish momentum strengthens. Santiment data indicated continued whale accumulation, with large ADA holders increasing positions during recent market consolidation. According to data from crypto.news, Cardano (ADA) was trading around $0.264…
Cloudflare shares fell sharply in after-hours trading on Thursday after the cloud infrastructure company announced major layoffs tied to its push into artificial intelligence. Summary Cloudflare shares fell about 18% after the company announced plans to cut more than 1,100 jobs as part of an AI-focused restructuring. The company reported Q1 revenue of $640 million and adjusted EPS of $0.25, both above Wall Street expectations. Cloudflare said internal AI usage surged over 600% in three months as tech firms increasingly reorganize operations around automation and AI tools. According to recent reports, the stock dropped about 18% even after Cloudflare reported…
XRP POWER launches new AI-powered cloud mining contract that guarantees stable daily earnings of up to $5,000
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP POWER launches AI-driven cloud mining model to enhance transparency and digital earnings access. Summary XRP POWER combines AI and cloud mining to deliver smarter, more transparent digital earning systems. With ISO, SOC 2, GDPR, AML, and 2FA protections, XRP POWER emphasizes security and compliance. Powered by renewable energy and decentralized infrastructure, XRP POWER focuses on sustainable and secure cloud mining. In the new era of rapid development of AI technology, digital finance and intelligent computing power are accelerating…
Aptos Foundation and Aptos Labs have committed more than $50 million to grow the Aptos ecosystem. Summary Aptos Foundation and Labs committed $50 million to support trading, AI agents, research, and protocol infrastructure. Decibel and Shelby sit at the center of Aptos’ plan for markets, data, and agents. Crypto firms are racing into AI payments as stablecoin tools gain adoption across agents. The funding will cover first-party products, research, protocol infrastructure, and a strategic fund for trading and AI partners. The plan centers on markets and autonomous systems that can transact at machine speed. Aptos said it is building for…
Coinbase Exchange faced a service outage for more than two hours after an Amazon Web Services problem disrupted parts of its platform. Summary Coinbase Exchange reported degraded performance after AWS overheating disrupted trading access for some users overnight. Coinbase said funds remained safe, but some traders still faced failed access and transaction delays. Crypto.news previously covered similar AWS disruptions affecting Coinbase, Robinhood, MetaMask, and other major crypto platforms. The exchange status page said some users could not transact on Exchange, while others faced slower service during the incident. Coinbase later linked the disruption to an AWS outage and said its…
Breadcrumbs analyst James Delmore presented a live breakdown of crypto PAC spending at the Consensus Miami 2026 Policy Summit on Thursday. Summary James Delmore of Breadcrumbs laid out how much money crypto industry groups have committed to the 2026 midterm elections at the Consensus Miami Policy Summit. The crypto industry has committed over $288 million to the 2026 cycle, more than double the $130 million spent during the entire 2024 election. Fairshake and its affiliated PACs hold approximately $221 million in unspent funds, positioning crypto as a top-five PAC force in the country. James Delmore, a research analyst at Breadcrumbs…
Executives at federally regulated banks told a Consensus Miami 2026 panel that crypto companies are increasingly seeking bank licenses as the industry moves toward regulated financial infrastructure. Summary Panelists at the Consensus Miami 2026 Policy Summit said the push for bank licenses is accelerating among crypto firms under the current regulatory environment. A bank charter gives crypto companies direct access to client deposits, reduces borrowing costs, and pulls operations out of regulatory grey zones. The session follows a broader Trump-era deregulatory shift that has encouraged firms to pursue national and state bank charters. Executives at federally regulated banks told the…