Crypto

May 8, 2026
Adam Forsyth
Crypto

Payward buys Reap for $600M to expand stablecoin payment services in Homg Kong

Kraken parent Payward has agreed to acquire Hong Kong-based Reap Technologies for up to $600 million, adding card issuance and cross-border stablecoin payment infrastructure to its expanding business services...

May 8, 2026
Adam Forsyth
Crypto

Israel launches airstrikes over Iran, escalating regional tensions

## Market Snapshot Iran Airspace Closure market shows a 3.2% YES pricing for May 8 closure, down from 4% 24 hours ago, while the May 31 market increased to...

May 8, 2026
Adam Forsyth
Crypto

Ripple’s XRPL Linked to Interbank System in Major Pilot With JPMorgan, Mastercard, Ondo

The pilot linked XRPL to global banking infrastructure, enabling institutions to execute cross-border transactions in a single, integrated flow. Blockchain settlement rails are increasingly becoming intertwined with the...

May 8, 2026
Adam Forsyth
Crypto

Mason Lynaugh lays out crypto midterm plan

Mason Lynaugh, executive director of Stand With Crypto, took the Consensus Miami 2026 stage on Thursday to outline how the group’s 2.7 million advocates will engage in the November...

May 8, 2026
Adam Forsyth
Crypto

Oil prices jump as US, Iran trade fire in Strait of Hormuz

## Market Snapshot WTI Crude Oil Prices in May 2026 are currently priced with high anticipation of hitting $150, given the ongoing conflict. The probability of 20 ships transiting...

May 8, 2026
Adam Forsyth
Crypto

Strategy Right to Keep Bitcoin Sale Option Open: Analyst

A company that publicly commits to only ever accumulating BTC will give short sellers and arbitrageurs more angles to exploit. Bitcoin advocate Samson Mow has pushed back against...

May 8, 2026
Adam Forsyth
Crypto

Prediction markets debate closes Consensus Miami

Prediction markets closed out Consensus Miami 2026 as the subject of a live debate on whether they are regulated financial derivatives or gambling products operating outside state law. Summary...

May 8, 2026
Adam Forsyth
Crypto

Arjun Sethi: Kraken balances institutional needs with decentralization, Bitcoin conference reflects market maturity, and inflationary pressures pose risks to crypto

Key takeaways Kraken balances institutional needs with a commitment to decentralization. The Bitcoin conference is a global community event with a cult following. Institutional presence at conferences signals a...

May 7, 2026
Adam Forsyth
Crypto

Why Yat Siu says the metaverse is over

Animoca Brands chairman Yat Siu told Consensus Miami 2026 that the metaverse is over as a consumer destination, and that 100 billion AI agents will become blockchain’s primary users....

May 7, 2026
Adam Forsyth
Crypto

Coinbase reports $394M Q1 loss as stock declines 5% after hours amid trading slowdown

Coinbase shares declined about 5% in after hours trading Thursday after the crypto exchange reported a first quarter loss and weaker revenue as trading activity slowed across the market....