Zora updates coin guidelines after ZachXBT calls out Sahil collab
Zora is “hiding” sketchy coins under new rules after it’s team was ridiculed for promoting a fake Tyson Fury account tied to a known scammer. Source link
Coinbase
Crypto
SoftBank cuts OpenAI-backed loan target to $6B as lenders balk at valuation
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
Tech & AI
Pentagon releases UFO files on new website
The Trump administration on Friday launched a new website that will house a collection of “new, never-before-seen” files about UFOs, according to the Pentagon. (And yes, we’re apparently okay with calling them UFOs again, as the URL to the new website is war.gov/ufo.) In a public announcement by the Defense Department — which, under Trump,
Bitcoin
Coinbase Points to Multi-Zone AWS Failures Behind Outage
Key Takeaways Coinbase linked the trading outage to failures across multiple AWS zones. The disruption interrupted core trading services despite built-in recovery systems. Coinbase plans a full review while awaiting AWS’s official retrospective. Coinbase Points to AWS Failures After Trading Services Went Down Crypto exchange Coinbase (Nasdaq: COIN) disclosed through Coinbase Support that a May
Crypto
Iran to make Strait of Hormuz restrictions permanent amid US tensions
## Market Snapshot The market for “Will Donald Trump announce that the United States blockade of the Strait of Hormuz has been lifted by May 31, 2026?” is currently priced at 40% YES, down from 50% 24 hours ago. The market for “Strait of Hormuz traffic returns to normal by May 15?” is priced at
Coinbase
Opinion: The Gemini XRP credit card is stupid
Gemini’s new XRP Mastercard offers no new features, except “an innovative design for the XRP Army to show their allegiance.” Source link
Crypto
Bitcoin ETF News: BTC Slips Below $80K Despite Record $1B ETF Inflows—Time to Buy the Dip?
In Bitcoin ETF news today, BTC dropped to $79,800 on Thursday, slipping below the psychologically critical $80K threshold even as weekly spot Bitcoin ETF inflows surged past $1B for the first time since January. The price sits roughly -3.6% off its recent high of $82,800, with 24-hour trading volume remaining elevated as traders scramble to
Tech & AI
The Best Payroll Software for Nonprofits in 2026
I tested top nonprofit payroll platforms and found Gusto best overall, Paychex strongest for tax compliance, and Rippling the most flexible. The post The Best Payroll Software for Nonprofits in 2026 appeared first on TechRepublic. Source link
Bitcoin
Iowa Signs Crypto ATM Licensing and Oversight Bill Into Law
Key Takeaways Iowa requires crypto ATM operators to hold money transmission licenses before running kiosks. Location reporting, fee disclosures, and consumer protection penalties expand state oversight authority. Enforcement actions may seek injunctions, compliance orders, and higher penalties against violators. Iowa Adds Penalties and Oversight for Crypto Kiosks Iowa Attorney General Brenna Bird announced May 6,
Crypto
Australian police seize $4.1 million in Bitcoin in major dark web crackdown
Crypto‑forensics-led NSW raid seizes 52.3 BTC as AUSTRAC’s 2026 rules tighten the noose on darknet‑linked exchanges and weakly regulated VASPs. Summary New South Wales police seized 52.3 BTC worth about $5.7 million AUD ($4.1 million) in one of Australia’s largest dark web‑linked crypto busts. Two men were arrested after a 15‑month Strike Force Andalusia investigation