North Korea has been accused of orchestrating more than 75% of the global crypto crime in 2026, with blockchain analytics firm TRM Labs estimating that the stolen funds could reach a whopping $577 million in just the past four months.

According to the announcement from Binance, starting from 2026-05-08 21:00 (UTC), the platform will introduce the Orderbook EWMA price index calculation mode for commodity-based TradFi perpetual contracts. This change aims to replace the Fixed Mode during daily maintenance periods, weekends, and holidays. The new calculation mode will be applied to all existing commodity-based TradFi perpetual contracts, including XAUUSDT, XAGUSDT, XPTUSDT, XPDUSDT, COPPERUSDT, CLUSDT, BZUSDT, NATGASUSDT, as well as any future listings on Binance Futures. The Fixed Mode will continue to be used for equity-based TradFi perpetual contracts during the same periods until further notice. Binance has indicated that a separate announcement will be made if there is a decision to apply the Orderbook EWMA price index calculation mode to equity-based TradFi perpetual contracts. This update is part of Binance's ongoing efforts to enhance user experience by regularly reviewing and updating its product and service offerings. Users are advised to refer to this notice for the most accurate and updated information, as it supersedes any discrepancies that may exist between this notice and any Futures FAQs. The announcement underscores Binance's commitment to providing precise and reliable information to its users.

The global cryptocurrency market cap now stands at $2.64T, up by 1.45% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $78,202 and $81,324 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $80,658, up by 1.18%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include DOGS, HIVE, and TON, up by 101%, 37%, and 29%, respectively. Top stories of the day: XRP News: XRP Reclaims $1.40 on Rising Volume, Setting Up Key Technical Test at $1.41–$1.42 Morgan Stanley's Bitcoin ETP Drew $100M Before Advisors Could Even Offer It; Balance Sheet Adoption Still Years Away Bitcoin ETF Inflows Are Real But Incomplete, With $2.47 Billion Still to Recover From Late 2025 Outflows Bitcoin News: Bitcoin's $80,000 Break Wipes Out $301 Million in Short Positions as Bears Get Caught Offside Again Crypto News: April Jobs Data, Fed Speakers, and a Wave of Bitcoin Treasury Earnings Define the Week Bitcoin News Today: Bitcoin Retreats to Below $79,000 After Iran Missile Report Sparks Flash Selloff; US Denies Ship Was Hit Market movers: ETH: $2371.49 (+0.39%) BNB: $626.55 (-0.39%) XRP: $1.4047 (-0.64%) SOL: $84.58 (-0.26%) TRX: $0.34 (+0.21%) DOGE: $0.11115 (-0.32%) WBTC: $80404.21 (+1.16%) U: $1 (-0.01%) XAUT: $4548.48 (-0.60%) ADA: $0.2578 (+2.42%) Top gainers on Binance: DOGS/USDT (+101%) HIVE/USDT (+37%) TON/USDT (+29%)

21 Capital CEO Jack Mallers has likened XXI to a Bitcoin version of Berkshire Hathaway. According to NS3.AI, Mallers emphasized that XXI's strategy involves developing tools, acquiring customers, and leveraging capital markets, rather than solely holding Bitcoin on its balance sheet.

Toncoin (TON) has surged 27% after breaking out of a four-month accumulation zone, climbing above $1.74 on May 5. This price movement follows Telegram's confirmation that it will replace the TON Foundation as the network's largest validator, according to BeInCrypto. The breakout marks the 0.236 Fibonacci retracement of the August 2025 to February 2026 decline, with daily volume showing its largest expansion in seven months. Telegram staked 2.2 million TON to become the largest validator, and a recent protocol upgrade has significantly reduced transaction fees, supporting further price momentum.

A historically high number of companies in Brazil are facing significant challenges as they strive to remain operational. Bloomberg posted on X, highlighting the economic difficulties that have led to an unprecedented number of businesses struggling to keep their doors open. The situation reflects broader economic issues impacting the Brazilian market, including inflationary pressures and fluctuating consumer demand. As companies navigate these turbulent times, many are seeking innovative solutions to sustain their operations and avoid closure. The Brazilian government is also under pressure to implement measures that could alleviate the financial strain on businesses, aiming to stabilize the economy and foster growth. The ongoing challenges underscore the need for strategic planning and resilience among Brazilian enterprises.

World Liberty Financial, a cryptocurrency project associated with the Trump family, has enlisted renowned litigation attorney Tom Clare for its legal proceedings against Sun Yuchen. According to Odaily, Clare Locke LLP will represent the project in this matter. Tom Clare is recognized for his expertise in commercial litigation and defamation cases, particularly in media and technology-related legal disputes. He has gained attention in the cryptocurrency industry for handling disputes involving project teams or companies, such as defamation and contract disagreements. In 2023, Clare led a defamation lawsuit against Fox News, accusing the network of spreading false claims about Dominion voting machines during the 2020 U.S. presidential election. The case was settled for $787.5 million before going to trial, marking one of the largest public defamation settlements involving a U.S. media company. Previously, World Liberty Financial filed a lawsuit in a Florida court, accusing Sun Yuchen of defamation and alleging that he initiated a "systematic pressure campaign" against the project.

WTI crude oil prices have fallen by 2% today, according to Odaily. The current price is reported at $104.09 per barrel.

Nscale has announced plans to invest €695 million in infrastructure development in Portugal. Bloomberg posted on X, highlighting the company's commitment to enhancing the country's infrastructure capabilities. This investment is expected to bolster Portugal's economic growth and improve its infrastructure network. Nscale's decision aligns with its strategic goals to expand its presence in Europe and contribute to regional development. The investment will focus on modernizing existing facilities and constructing new ones, aiming to meet the growing demands of the Portuguese market. This move is anticipated to create job opportunities and stimulate local economies, further solidifying Nscale's role as a key player in the European infrastructure sector.

A tragic event unfolded in Leipzig, eastern Germany, late Monday when a man drove into a crowd, resulting in the deaths of two individuals. Bloomberg posted on X, detailing the incident that has shocked the local community. Authorities are investigating the circumstances surrounding the event, seeking to understand the motives behind the driver's actions. The incident has prompted discussions on public safety and the need for preventive measures to avoid similar occurrences in the future. Local officials have expressed their condolences to the victims' families and are working to provide support to those affected by the tragedy.

South Korean IT service provider ITCEN Global has announced a fundraising initiative through the issuance of convertible bonds, raising 40 billion Korean won, approximately $3 million. According to ChainCatcher, the funds were fully subscribed by ITC Holdings, which is wholly owned by KCGI Innovation Growth ESG Fund. The capital will be directed towards expanding new business ventures in Web3 and security token offerings (STO). The company anticipates that if South Korea's digital asset regulatory framework is established in the second half of the year, these related business activities could see accelerated progress.

Polygon has introduced private stablecoin payments that hide transaction details using zero-knowledge proofs while still applying compliance checks. Users can produce audit files for regulators, targeting institutional use of onchain payments with privacy and oversight.

Tether, the crypto financial giant known for its stablecoins, is extending its reach into the Bitcoin mining field.

The progress of the CLARITY Act legislation has had a direct impact on stablecoin issuers and trading platforms, with Circle's stock price surging nearly 20% intraday and USDC trading activity increasing significantly.

Bitcoin surged past $80,000, hitting a four-month high of $80,529 just hours after Donald Trump unveiled “Project Freedom”—a U.S. naval initiative to escort cargo ships through the strategically critical Strait of Hormuz amid escalating tensions with Iran.

Ben Felix, portfolio manager and chief investment officer at PWL Capital, is an evidence-based investment expert who translates academic financial research into practical decision-making that is understandable to the average person.

U.S. New Mexico has asked a court to label Meta a public nuisance and make it pay $3.7 billion over alleged harm to young users. The state also wants major changes to Facebook and Instagram, while Meta argues the demands are too extreme and could force it to stop operating there.

GameStop has launched a surprise $55.5 billion cash-and-stock bid to acquire eBay in what would be one of the most ambitious takeover attempts in recent memory.

A Barcelona court is investigating Shirtum and six former Sevilla FC players over claims of fake NFTs and a token scheme that caused over €24 million in investor losses. Investors say the NFTs never existed on a blockchain and the $SHI token collapsed after being heavily promoted and sold.

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