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Kalshi showed $52 million in contract volume on UFC 328, one of the platform’s biggest fight nights to date. Actual cash exchanged: $18.98 million. Of that, 58.4% backed Khamzat Chimaev, who lost a split decision to Sean Strickland.Sean Strickland beat Khamzat Chimaev by split decision Saturday night in Newark to reclaim the UFC middleweight title. On Kalshi, the fight drew $51.8 million in contract volume and $19.0 million in actual cash exchanged across more than 280,000 trades.Most of the trades backed Chimaev, including the biggest individual contracts too. The closer to the final bell, the more lopsided it got.Pre-fight, Strickland’s…

XRP finally forced its way through the $1.45 area that had capped rallies for weeks, and the move came fast. Volume arrived all at once during the breakout, which usually points to larger positioning rather than retail chasing, though the rally started losing momentum as price approached the psychological $1.50 level.News Background• Traders had been watching XRP’s tightening range for days as multiple analysts pointed to bull flag and triangle formations building beneath resistance.• Thin liquidity conditions across major exchanges added to expectations that any confirmed breakout could produce exaggerated moves in either direction.Price Action Summary• XRP climbed from $1.4176…

Bitcoin briefly dipped before surging over $82,000 on Sunday as US President Donald Trump rejected Iran’s counteroffer to a peace deal, which could prolong tension in the Middle East. “I don’t like it — TOTALLY UNACCEPTABLE, Trump said in a post to Truth Social on Sunday after reading Iran’s proposal to end the war. Iran has previously requested that the US pay for war reparations and unfreeze blocked Iranian financial assets.Bitcoin (BTC) fell from $81,430 to $80,520 within 45 minutes of Trump’s post before whipsawing nearly 2.3% to $82,347 less than three hours later, according to CoinGecko data. Bitcoin’s rise also…

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…

A crypto whale, Garrett Jin, has transferred $1.35 billion in Ethereum (ETH) to Binance, sparking concerns of a sell-off amid swelling exchange reserves. The deposits, tracked by Lookonchain, coincide with institutional outflows and exchange inflow spikes that have pushed Binance’s ETH holdings to nearly a quarter of the centralized supply. Whale Sends $1.35 Billion in ETH to Binance Over Just 4 Days Lookonchain data shows Jin moved the entire 577,896 ETH position to Binance over four days. Most of these tokens were swapped from Bitcoin (BTC) eight months ago. At the time, the second-largest cryptocurrency was trading around $4,591. “He…

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…

Institutional investors have increasingly gained exposure to bitcoin BTC$79,512.22 and other major tokens through ETFs and centralized exchanges. However, they have largely stayed away from decentralized exchanges (DEXes) offering perpetual (perp) futures tied to crypto and tradfi assets, panelists said at Consensus Miami, citing security risks and a mismatch between DeFi’s permissionless design and institutional identity and compliance requirements.The session titled “Perp DEX Explosion: Bullish Volumes & Bear Market Resilience” featured Wizard of SoHo, a veteran trader and family office manager; Michaël van de Poppe, founder and CIO of MN Fund & MN Capital; and Michael Anderson of Canary Labs.…

Crypto risk management and infrastructure provider Chaos Labs said its Chaos Oracle Network, which provides data feeds to blockchain applications, was not compromised after a hacking attempt over the weekend by a potential “nation-state.”Chaos Labs founder Omer Goldberg said in an X post Thursday that the company identified an attack over the weekend, possibly by a “nation state,” and immediately moved to a full lockdown. “The surface area was strictly contained to operational wallets we use for routine onchain operations. At no point was the Chaos Oracle Network breached or compromised.”“Chaos Oracles run in a fully isolated environment with nodes distributed…

Make CryptoSlate preferred on In 2026, choosing where to deposit in DeFi starts with a question that audits and total value locked (TVL) leave unresolved: what breaks under stress?That is the shift behind any serious trust check this year. A Q1 2026 security report counted $482 million stolen across 44 incidents and said six audited protocols were still exploited.An April 30 analysis of North Korea-linked crypto theft said two incidents accounted for 76% of all crypto hack value through April 2026, with the cases pointing to signer compromise, governance exposure, bridge verification, timelocks, and incident response as much as code…

Coinbase shares slid Thursday after the US crypto exchange reported a steep first-quarter loss while revenue missed Wall Street expectations.Coinbase reported a net loss of $394.1 million in Q1, its second consecutive quarterly loss after reporting a $667 million loss in Q4 2025. It swung from a $65.6 million profit a year earlier. “Macro conditions were genuinely tough,” Coinbase chief financial officer Alesia Haas told investors on an earnings call. “Total crypto market cap and total crypto trading volume were both down more than 20% quarter-over-quarter.”Coinbase’s earnings come as other crypto companies have also struggled to turn a profit in the…