Crypto
AI Summary
- Kraken parent Payward is acquiring stablecoin payments firm Reap for $600 million, signaling a significant push into stablecoin infrastructure and everyday spending integration.
- The crypto industry is increasingly focused on artificial intelligence (AI), with companies like Luffa repositioning as AI × Web3 connectors and AI agents becoming a key area of development for major tech players like Google and Solana.
- Regulatory developments remain a key theme, with South Korea confirming a 22% crypto tax starting in 2027 and US Senator suggesting a crypto market structure vote by August.
- Major financial institutions are expanding their crypto services; BNY Mellon is eyeing institutional custody for Bitcoin and Ethereum in the UAE, and Ripple, JPMorgan, and Mastercard have settled tokenized Treasury transfers on the XRP Ledger.
- Despite some negative financial reports, like Core Scientific's $347M loss attributed to an AI hosting pivot, the broader crypto market shows signs of institutional appetite and potential upward price movements, with analysts predicting substantial Bitcoin gains and Ether testing key resistance levels.
Sources
Cointelegraph
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Kraken parent Payward to buy Reap in $600M stablecoin payments push
38 minutes ago
by Cointelegraph by Helen Partz
Latest NewsKraken parent Payward agreed to buy Hong Kong-based Reap for up to $600 million, adding card issuance and stablecoin payment capabilities to its new B2B platform.
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Polygon reduces block time to 1.75 seconds as payments push accelerates
an hour ago
by Cointelegraph by Zoltan Vardai
Latest NewsPolygon delivered its first block time reduction upgrade since genesis, as the network seeks to position for more high-frequency applications such as private stablecoin payments.
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XRP 'probably going to $12' as price holds historical bottom zone for months
an hour ago
by Cointelegraph by Yashu Gola
MarketsXRP is retesting a key multi-year support zone that has historically preceded major rebounds, with analysts predicting a rally toward $12 if the level holds.
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South Korea confirms 22% crypto tax starting January 2027: Report
2 hours ago
by Cointelegraph by Amin Haqshanas
Latest NewsSouth Korea’s Finance Ministry has reportedly confirmed for the first time that a 22% tax on crypto gains will proceed as scheduled in January 2027.
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Core Scientific posts $347M loss as AI hosting overtakes Bitcoin mining
2 hours ago
by Cointelegraph by Ezra Reguerra
Latest NewsCore Scientific mined 279 BTC in the quarter, down 45% from a year earlier, while its colocation business became its top revenue source.
CoinDesk
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Bitcoin tests Bollinger Bands breakout as creator flips bullish on BTC
an hour ago
by Shaurya Malwa
Markets, Bitcoin News, NewsA related MVRV indicator hit overheated levels last seen before bitcoin's late-2024 push to $100,000.
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Consensus Miami Day 3: Real-time coverage and highlights from on the ground
2 hours ago
by CoinDesk
Markets, Consensus Miami 2026, live_newsIt's day three of Consensus Miami 2026 on Thursday. Stay tuned for updates throughout the day.
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CoinDesk 20 performance update: Bitcoin Cash (BCH) drops 1.2%, leading index lower
2 hours ago
by CoinDesk Indices
CoinDesk Indices, CoinDesk 20, charts, Prices, NewsNear Protocol (NEAR), down 1% from Wednesday, was also an underperformer.
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Bitwise enters tokenization in takeover of Superstate’s $267 million 'carry fund'
3 hours ago
by Helene Braun
Markets, Tokenization, NewsThe crypto asset manager will take over Superstate’s $267 million USCC fund as tokenized investment products gain traction with institutions.
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Kraken to buy stablecoin payments firm Reap in $600 million deal: Bloomberg
3 hours ago
by Olivier Acuna
Finance, Consensus Miami 2026, Kraken, NewsKraken owner Payward will acquire Hong Kong-based Reap Technologies as the crypto exchange expands its stablecoin and payments infrastructure business in Asia.
Decrypt
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Prediction Market Kalshi Boosts Valuation to $22 Billion With Fresh $1 Billion Investment
38 minutes ago
by Decrypt Agent
BusinessKalshi has another billion dollars to play with as the U.S. prediction market leader continues to grow at a rapid pace.
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Google Found a Way to Make Local AI Up to 3x Faster—No New Hardware Required
an hour ago
by Jose Antonio Lanz
Artificial IntelligenceGoogle's new Multi-Token Prediction drafters can make Gemma 4 run up to 3x faster on your own hardware—no cloud required, and no quality lost.
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South Korea Ordains Robot Monk Ahead of Buddha’s Birthday
an hour ago
by Jason Nelson
TechnologyA Unitree Robotics humanoid joins the Jogye Order, South Korea's largest Buddhist sect.
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Kraken Parent Acquires Asian Stablecoin Firm Reap for $600 Million: Bloomberg
2 hours ago
by Decrypt Agent
BusinessThe deal marks Kraken's largest acquisition as it pushes into Asian cross-border payments through stablecoin infrastructure.
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Bitcoin ETFs Post 5-Week Buying Streak as Hedges Unwind, Institutional Appetite Returns
3 hours ago
by Akash Girimath
CoinsSpot Bitcoin ETFs hit $108.76 billion in net assets as five weeks of inflows and fading put skew signal institutional demand is back.
AMBCrypto
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Coinbase, AWS enable AI agents to make crypto micropayments using USDC
12 minutes ago
by Adewale Olarinde
News, News 1, Social, Stablecoins, Trading ViewCoinbase and AWS have integrated USDC payments into AI systems, allowing agents to transact independently through micropayments.
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Toncoin faces $103M token unlock – Will it derail TON’s price rally?
37 minutes ago
by Olayiwola Dolapo
Altcoin, News, News 1, Social, Trading View, ambcryptoToncoin rally strengthens as network activity grows, but major token unlock poses risk.
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Top 8 Telegram trading bots of May 2026
an hour ago
by AMBCrypto Team
Google News, HideCryptopanic, NewsTrading bots are automated software tools that are used to execute trades depending on predefined strategies or real-time market data on the user’s behalf. These bots can perform tasks like selling, buying, monitoring wallets, and managing positions for traders. They are designed for the speed and convenience of users who can avoid the hassle ofContinue reading "Top 8 Telegram trading bots of May 2026"
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Kraken parent Payward to acquire Reap in $600M deal to expand stablecoin payments infrastructure
an hour ago
by Adewale Olarinde
News, News 1, Social, Stablecoins, Trading ViewPayward is acquiring Reap for up to $600M as it expands into stablecoin payments and global financial infrastructure.
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Bitcoin prices rebounded, and 5 free Bitcoin cloud mining and XRP access platforms in 2026 attracted attention, offering easy ways to earn passive income
an hour ago
by AMBCrypto Team
Google News, HideCryptopanic, Press ReleaseBitcoin’s recent rebound has brought renewed attention to the wider digital asset market. People are again looking at platform-based options to try Bitcoin cloud mining and other ways to access crypto services. As the market steadies and some risk appetite returns, hosted participation services, app-style dashboards, and infrastructure-focused platforms are attracting fresh interest from bothContinue reading "Bitcoin prices rebounded, and 5 free Bitcoin cloud mining and XRP access platforms in 2026 attracted attention, offering easy ways to earn passive income"