The crypto market structure Clarity Act needs to get to its next step, a Senate hearing, this month to have a reasonable chance, Garlinghouse said. What to know : Ripple CEO Brad Garlinghouse maintains hope for the Senate's Clarity Act, the crypto industry's top policy aim, but he said its survival depends on the next two weeks. The market structure bill is awaiting the scheduling of a Senate Banking Committee hearing, though bank lobbyists are still dragging their feet.

Bitcoin mining company Cipher Digital disclosed a net loss of $114 million for the first quarter of 2026, expanding from a loss of $390 million in the same period last year. According to the financial report, the company's Bitcoin mining revenue for the quarter decreased to $35 million, a year-on-year decline (compared to $490 million in the same period last year), and Bitcoin holdings decreased from $125 million to $760 million. CEO Tyler Page stated that the company is accelerating its transformation towards AI and high-performance computing infrastructure, and has signed a third AI data center park lease agreement with investment grade ultra large scale cloud vendors.

According to Fortune, Moonpay has acquired Solana trading infrastructure company Dflow in an all stock transaction for $100 million. （CoinDesk）

Binance TON's current price is $1.81, with a 24-hour increase of 25.69%. 24-hour transaction volume of 1.8 billion US dollars, an increase of 720.74%, for reference only

Steven Kalifowitz will step down as Chief Marketing Officer of Crypto.com next month, ending his nearly six-year term. During this period, the company invested over 1 billion US dollars in cooperation, including signing a 20-year naming rights agreement for Crypto.com Arena for 700 million US dollars. （CoinDesk）