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Federal prosecutors said Ferro burglarized homes to steal hardware wallets when online crypto scams failed to access victims’ funds. The US Department of Justice announced that 20-year-old Marlon Ferro of Santa Ana has been sentenced to 78 months in prison for his role in a large-scale cryptocurrency theft and social engineering conspiracy that stole more than $250 million from victims across the country. Ferro, who also used the alias “GothFerrari,” pleaded guilty in October 2025 to conspiracy to participate in a racketeering enterprise. Crypto Burglary Operation In addition to the prison sentence, the court ordered him to serve three years…

CoinGecko’s data suggests that a smaller, more selective trader base is now driving improved outcomes on Pump.fun compared to the 2024-2025 period. Pump.fun traders, after a long stretch of weak performance, are beginning to see a clear turnaround in 2026, according to fresh data from CoinGecko. Between April 2024 and late 2025, most traders exiting positions on the popular Solana-based meme coin platform ended each month with losses. During this period, the share of profitable wallets rarely crossed the 50% mark and fell as low as 30.1% in June 2025, amid significant underperformance among active participants. Pump.fun Profitability Improves The…

London, United Kingdom, May 8th, 2026, Chainwire GoBTC Pay is a protocol that lets consumers make native and instant payments on Bitcoin’s base layer.  GoMining launches its own mining pool to prioritize GoBTC Pay transaction confirmation, targeting a 12-hour final on-chain settlement by the end of 2026. The launch marks a strategic expansion for GoMining, a platform with 5 million users. GoBTC Pay extends this ecosystem into everyday payments. GoMining launches GoBTC Pay a Bitcoin payment protocol that delivers on what the 2008 whitepaper promised: peer-to-peer electronic payments. GoBTC Pay enables free and instant Bitcoin payments on the core Bitcoin…

In brief Donald Trump Jr. said the Trump family has not abandoned World Liberty Financial, dispelling online rumors. Co-founder Zach Witkoff said the firm is close to conditional approval for a national bank charter. The company also defended its lawsuit against Tron founder Justin Sun amid their escalating feud. Donald Trump Jr. addressed rumors Thursday that he and his family have quietly exited World Liberty Financial, insisting he and his siblings remain part of the crypto firm as it ramps up a high-profile legal skirmish.“I think I saw on Twitter at one point that Don and Eric had abandoned the…

Strategy—formerly known as MicroStrategy—could meaningfully accelerate its Bitcoin-buying pace this year, according to analysts at JPMorgan.  The firm, led by well-known Bitcoin bull Michael Saylor, is already one of the largest publicly traded Bitcoin treasury companies, and JPMorgan believes its next move may be a larger, faster round of acquisitions. Strategy Could Outpace Past Bitcoin Buying Strategy currently holds more than 818,000 Bitcoin, according to BitcoinTreasuries.net. Purchases have been active throughout 2026: the company reportedly added over 145,000 BTC in just five months, which is estimated at roughly $11 billion.  JPMorgan analysts, however, said that amount could rise substantially. Under…

My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to the…

Fund managers are warming back up to digital assets, with Bitcoin continuing to dominate allocation preferences even as broader crypto sentiment improves, according to a new survey by CoinShares.The April survey gathered responses from 26 institutional investors overseeing a combined $1.3 trillion in assets under management. Allocations to digital assets remain relatively modest, at around 1%, reflecting what CoinShares described as “typical entry sizing” in the current de-risking environment.“Bitcoin remains the digital asset with the most compelling growth outlook,” CoinShares head of research James Butterfill wrote in the report. Sentiment toward Ether (ETH) and Solana (SOL) also improved modestly compared…

Coinbase (COIN) posted first-quarter 2026 revenue of $1.41 billion, missing Wall Street estimates as crypto trading volumes contracted. Revenue fell 31% year-over-year, and the exchange recorded a $394.1 million net loss, or $1.49 per share. Transaction revenue of $755.8 million and subscription and services revenue of $583.5 million both came in below sell-side projections. Total crypto market capitalization fell more than 20% during the quarter, weighing on retail order flow. Trading Slump Drives Coinbase Q1 Loss Transaction revenue dropped 23% quarter-over-quarter, slightly outperforming the 28% decline in industrywide crypto trading volume. Spot trading on the platform fell 37% as Bitcoin…

Privacy concerns tied to artificial intelligence may be one of the strongest cases yet for owning certain altcoins or cryptocurrencies. That was one argument Arthur Hayes made at Consensus 2026, where the BitMEX co-founder laid out a broad defense of the altcoin market and named the specific tokens he’s betting on. Related Reading Hayes Sees AI Surveillance Driving Demand For Privacy Coins Hayes said governments, major tech companies, and AI systems are becoming increasingly effective at tracking blockchain activity. As those tools grow more powerful, he argued, more people will want financial tools that shield their transactions from outside eyes.…

XRP has entered a new chapter in Japan’s payments market after Rakuten Wallet connected the token to Rakuten Pay and Rakuten Cash, giving millions of everyday users a route to interact with the cryptocurrency through an ecosystem they already use. The development is one of the most talked-about XRP adoption stories of the year, among many others. Crypto commentator Dr. Kamilah Stevenson relayed a message for investors fixated on XRP’s price chart: they are watching the wrong screen, while the XRP ecosystem is quietly being opened to 44 million new users. The Market Is Missing The Real XRP Story Stevenson’s…