Bitcoin miner Canaan posts $88.7M net loss in Q1 amid BTC decline
Canaan’s Q1 results were dragged down by a $25 million inventory write-down and a 75% quarterly drop in equipment sales as Bitcoin prices retreated from their highs.
Estonian regulator partially suspends Zondacrypto operator license
Estonia’s FIU has partially suspended BB Trade Estonia OÜ’s license, giving the Zondacrypto operator 30 days to fix compliance issues or risk full revocation.
South Korean funeral company records $33M unrealized loss on leveraged ETH ETFs
South Korea’s seventh-largest mutual aid company is currently sitting on a $33 million paper loss on its leveraged Ether ETF investment, following the crypto market downturn.
Pump.fun accounts for over one-third of Solana’s Q1 revenue despite memecoin slowdown
Pump.fun pulled in $124.7 million in Q1 2026, making it Solana’s largest revenue generator even as memecoin activity cooled, while the network’s RWA market cap crossed $2 billion.
Wallet cluster earned $2.4M with 98% win rate on Polymarket military bets: Bubblemaps
Bubblemaps’ investigation found a cluster of nine accounts that generated $2.4 million with a near-perfect win rate on Polymarket contracts tied to major US military operations.
Swan Bitcoin sued for nearly $1B over pre-bankruptcy transfers from Prime Trust
Swan Bitcoin has been sued for allegedly using insider access to pull nearly $1 billion in Bitcoin and cash from Prime Trust days before its 2023 bankruptcy filing.
Republican lawmakers call for permanent CBDC ban as House vote approaches
Tom Emmer, the House majority whip, is also advocating for his Anti-CBDC Surveillance State Act, which has passed the House but has yet to pass the Senate.
Ethereum Foundation sees 2 more high-profile departures
Ethereum Foundation researchers Julian Ma and Carl Beek have resigned, bringing the total number of major departures from the nonprofit to at least eight in 2026.