Peter Thiel-backed Augustus has received conditional approval from the Office of the Comptroller of the Currency to establish Augustus Bank, N.A. as a full-service US national bank. Summary Augustus received conditional OCC approval to form a US bank for AI and stablecoin payments. The company says its bank will serve machine agents, global institutions, and
Morgan Stanley launched a crypto price war on E*Trade at 50 basis points, undercutting Coinbase and Schwab. Summary Morgan Stanley launched a pilot on May 6 allowing E*Trade users to trade Bitcoin, Ether, and Solana at 50 basis points per trade via Zerohash. The fee undercuts Schwab’s 75bps, Fidelity’s 1%, and Coinbase’s retail rates, prompting
Ronin Ethereum is migrating to a Layer 2 on May 12 with roughly 10 hours of scheduled downtime. Summary Ronin will hard fork at block 55,577,490 on May 12, transitioning from an independent sidechain to an Ethereum Layer 2 on the OP Stack. All transfers, swaps, and smart contract interactions will pause for roughly 10
Tom Lee has slowed Bitmine ETH purchases after the firm amassed over 5.2 million tokens and 4.3% of Ethereum’s supply. Summary Bitmine bought 26,659 ETH last week, worth roughly $63 million, down from over 100,000 ETH in each of the prior three weekly periods. Tom Lee said the previous pace would have taken Bitmine to
Crypto compliance demand is surging as AI fraud evolves faster than firms can respond, Sumsub CEO Andrew Sever says. Summary Sumsub CEO Andrew Sever told Consensus Miami that sophisticated AI fraud attacks on crypto firms increased 180% year over year. Only 23% of crypto companies are ready to comply with new identity and fraud rules,
Corpay has launched stablecoin wallets for its 800,000 business clients through a new partnership with BVNK. Summary Corpay’s integration with BVNK lets clients hold, send, receive, and convert stablecoins alongside fiat balances inside its platform. The S&P 500 firm processes over $12 billion in corporate payments and $26 billion in FX volume monthly across 145
US spot Bitcoin ETF products drew $622.75 million last week, their sixth straight week of net inflows. Summary SoSoValue data for the week of May 4 to 8 shows $622.75 million in total net inflows across US spot Bitcoin ETF products. BlackRock’s IBIT attracted $596 million during the week, bringing its cumulative total to $66.1
Osmosis is debating a merger with Cosmos Hub via a 1.998 OSMO‑for‑0.0355 ATOM swap funded by DEX revenue, raising existential questions for OSMO, ATOM and the broader IBC DeFi stack. Summary OSMO rallied 185% in 24 hours on May 11, 2026, amid renewed speculation about a revised Cosmos Hub merger proposal The original COSMOSIS proposal
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. MoneySkills unveils AI trading platform with automated execution and no-code crypto strategy tools. Summary MoneySkills simplifies quantitative crypto trading with one-click automated strategy deployment. Built for beginners, MoneySkills removes coding and manual setup barriers
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana nears key resistance as cloud mining platforms like AJC Mining gain traction in crypto recovery phase. Summary As Solana and major crypto assets rebound, interest in cloud mining platforms like AJC Mining is
