Latest News on Cowlpane

Strategy CEO Phong Le says company will sell BTC only in specific cases

Sat, 09 May 2026 21:21:00 +0000

Originally published by Cointelegraph

Strategy’s Bitcoin sales will not move the markets, despite it owning more than 4% of the digital currency’s maximum supply, Le said.

Phong Le, the CEO of Bitcoin treasury company Strategy, outlined conditions during an interview on Friday, under which the company would sell some of its Bitcoin holdings.

The company will sell Bitcoin to pay the dividend on its Series A Perpetual Stretch Preferred Stock (STRC), a corporate credit instrument thatpays an 11.5% dividendto holders, and to defer or offset taxes, LetoldCNBC. He added:

The CLARITY Act will help reshore the crypto industry in the US — Attorney

Sat, 09 May 2026 19:00:05 +0000

Originally published by Cointelegraph

The “biggest market” in crypto is conducting the vast majority of its trading volume outside of US-based exchanges, according to Attorney Bill Hughes.

Passing the Digital Asset Market Clarity Act of 2025, also known as CLARITY, will help to reshore the crypto industry in the United States, according to Bill Hughes, the senior counsel and director of global regulatory matters at Consensys, a crypto infrastructure company.

“The US dollar is the world’s largest fiat on-ramp for cryptocurrency, accounting for over $2.4 trillion in volume between July 2024 and June 2025,” Hughessaid.

TeraWulf doubles AI revenue but posts $427M quarterly loss as mining income declines

Sat, 09 May 2026 14:23:38 +0000

Originally published by Cointelegraph

TeraWulf’s HPC lease revenue jumped 117% quarter-on-quarter to $21 million, but a $427 million net loss highlights the costs of transitioning from Bitcoin mining to AI infrastructure.

Bitcoin miner TeraWulf posted a net loss of $427 million in the first quarter of 2026, up from the $61.4 million loss recorded in the same period a year earlier.

Total revenue for the quarter came in at $34 million, with high-performance computing (HPC) lease revenue accounting for $21 million, roughly 60% of the total and a 117% jump from the prior quarter,accordingto a Friday announcement. Bitcoin mining revenue fell 50% to around $13 million.

Court lets Arbitrum DAO to transfer $71M in ETH tied to North Korea hack to Aave

Sat, 09 May 2026 11:12:08 +0000

Originally published by Cointelegraph

A Manhattan judge modified a restraining notice to let Arbitrum DAO move $71 million in frozen Ether to Aave, while preserving terrorism victims’ legal claim on the funds.

A Manhattan federal judge has allowed Arbitrum DAO to move $71 million in frozen Ether to Aave, clearing the path for the DeFi protocol’s recovery effort following a North Korea-linked exploit.

Judge Margaret Garnett of the Southern District of New Yorkissuedthe order on Friday, modifying a restraining notice that had locked the assets inside Arbitrum DAO. The modification permits an onchain governance vote to send the funds to a wallet controlled by Aave LLC, and explicitly protects anyone who participates in the transfer from being held in violation of the freeze.

Spot Bitcoin ETFs log 6th straight week of net inflows for first time in 9 months

Sat, 09 May 2026 08:35:00 +0000

Originally published by Cointelegraph

US spot Bitcoin ETFs have logged six consecutive weeks of net inflows, the longest such streak since a seven-week run that drew in $7.57 billion in the summer of 2025.

US spot Bitcoin exchange-traded funds (ETFs) have recorded a sixth consecutive week of net inflows, marking the longest such streak since August 2025.

The current six-week run stretches from the week of April 2 through Friday, pulling in a combined $3.4 billion,accordingto data from SoSoValue. The strongest week came in mid-April, when inflows hit $996.38 million for the week of April 17, while the streak’s weakest showing was the week of April 2 with just $22.34 million. The most recent week logged $622.75 million.

Strike CEO Jack Mallers dismisses idea that Wall Street threatens Bitcoin

Sat, 09 May 2026 07:16:33 +0000

Originally published by Cointelegraph

Strike CEO Jack Mallers argued that if Wall Street “kills” Bitcoin, then the asset was never going to succeed in the first place.

Bitcoin payments application Strike CEO Jack Mallers said that Wall Street’s growing involvement in Bitcoin poses no threat or conflict to the asset itself.

“My one-word answer to that is no,” Mallers told Danny Knowles on the What Bitcoin Did podcastpublishedto YouTube on Thursday, in response to whether institutional involvement threatens Bitcoin’s core principles.“If Wall Street getting into Bitcoin kills it, it was never going to be successful in the first place,” Mallers said.

US CLARITY Act sees ‘big step forward’ as markup set for May 14

Sat, 09 May 2026 02:01:55 +0000

Originally published by Cointelegraph

Coinbase chief policy officer Faryar Shirzad said the date is a “big step forward” and is essential for supporting innovation in the US.

The US CLARITY Act, which aims to provide the US crypto industry with greater regulatory clarity, is set to be voted on by the Senate Banking Committee on Thursday.

On Friday, Senate Banking Committee chair Tim Scott confirmed the legislation will go to a vote on Thursday, triggering a strong reaction across the crypto industry, which has been waiting months for a new markup date.

Crypto exchanges pushed US lawmakers to bar provision on risky tokens: Report

Fri, 08 May 2026 22:43:32 +0000

Originally published by Cointelegraph

Three companies reportedly pressed US senators for changes to a crypto bill, removing language that would require them to offer trading on tokens “not readily susceptible to manipulation.”

Earlier in 2026, as a digital asset market structure bill was under consideration in the US Senate, cryptocurrency exchanges Coinbase, Kraken and Gemini reportedly pressed to remove language in the legislation that could have affected their token listings.

According to a Friday Politico report, the three exchangesaskedUS lawmakers to scrap a provision in the market structure bill that would have required platforms to only offer trading on digital assets “not readily susceptible to manipulation.” The companies reportedly pressed senators to remove the language as it could have made it difficult for exchanges to list smaller tokens.

Estonia's FSA issues investor warning about Zondacrypto

Fri, 08 May 2026 21:34:29 +0000

Originally published by Cointelegraph

The news follows an investigation into the crypto exchange by Polish law enforcement officials and reports of customer withdrawal issues.

Estonia’s Financial Supervision and Resolution Authority (FSA), the country’s financial regulator, issued an investor warning for BB Trade Estonia OÜ, the company that operates the Zondacrypto digital asset exchange.

The FSAsaidthe company did not have a white paper listed on its website for the “TeamPL” crypto token listed on the crypto exchange, a violation of the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework. According to the FSA:

Swiss Bitcoin reserve campaign set to lapse after failing to gather signatures

Fri, 08 May 2026 21:21:42 +0000

Originally published by Cointelegraph

Organizers failed to collect enough signatures to trigger a referendum that would have required the Swiss National Bank to hold Bitcoin in its reserves.

A campaign to require the Swiss National Bank to hold Bitcoin is set to lapse after failing to gather enough signatures to trigger a national referendum, Reuters reported.

The initiative sought to amend Switzerland’s constitution to require the central bank to hold Bitcoin (BTC) alongside gold and foreign currency assets, but organizers said they collected only about half of the 100,000 signatures required under Swiss law.

Kraken parent company applies for OCC charter in move toward banking

Fri, 08 May 2026 20:47:00 +0000

Originally published by Cointelegraph

The US banking regulator has already approved similar charter applications for Coinbase, Ripple Labs, BitGo, Circle, Fidelity Digital Assets and Paxos.

Payward, the parent company of cryptocurrency exchange Kraken, announced that it had filed an application with the US Office of the Comptroller of the Currency (OCC) for a national trust company charter, following other digital asset companies.

In a Friday notice, Paywardsaidthat the OCC application, if approved, would result in the establishment of Payward National Trust Company, allowing it to “provide fiduciary custody and other services primarily for digital assets.” The application would make the Kraken parent one of a handful of crypto companies moving closer toward banking,following OCC approvals for Coinbaseand others.