OpenAI's May 8 blueprint for running Codex at enterprise scale — sandboxed containers, two-phase network isolation, admin-enforced shell rules, and OpenTelemetry agent logs — becomes the first public template for deploying autonomous coding agents safely inside real production workflows.
Payward, Kraken's parent, filed May 8 for an OCC national trust charter that would create Payward National Trust Company — a federally regulated crypto custodian. Combined with its Fed master account and Wyoming SPDI, Kraken would hold the most complete banking stack of any crypto-native exchange.
Cloudflare cuts 1,100 jobs — 20% of its workforce — on the same day it posts record Q1 2026 revenue of $639.8M (+34% YoY), citing a 600% surge in internal AI use. It's the starkest proof yet that AI-era growth and mass white-collar displacement are now the same event.
SEC Chair Paul Atkins, speaking at SCSP AI+ Expo on May 8, framed crypto and AI as one regulatory challenge — the first time a sitting Chair has proposed unified rulemaking for onchain exchanges, AI-driven settlement, broker definitions, and crypto vaults in a single agenda.
The Senate Banking Committee has set May 14 for a markup vote on the Digital Asset Market Clarity Act — a bill that would split SEC/CFTC jurisdiction, codify stablecoin yield rules, and hand crypto its first statutory rulebook. With Memorial Day recess looming, this may be the last on-ramp.
IREN Limited signs a $3.4B, five-year managed GPU cloud contract with Nvidia — and hands Jensen Huang's firm a $2.1B equity option at $70/share. The former Bitcoin miner's total AI commitments now exceed $13B, cementing its identity as a frontier-AI infrastructure landlord, not a crypto shop.
$700M in tokenized Bitcoin (SolvBTC & xSolvBTC) exits LayerZero for Chainlink CCIP as Solv Protocol triggers the second major bridge migration since the $292M KelpDAO exploit — signaling a structural industry shift toward defense-in-depth cross-chain security for BTCfi.
Payward, Kraken's $20B parent, agreed to acquire Hong Kong stablecoin payments firm Reap Technologies for $600M — its first Asia infrastructure deal. Reap nearly tripled revenue in 2025 and spans HK, Singapore, Mexico, Africa. The move plants a regulated payments stack at the core of Kraken's pre...
Kalshi's $1B Series F at a $22B valuation — doubling in five months — arrives as institutional trading volume surged 800% and annualized volume tripled to $178B. The raise signals prediction markets are transitioning from retail novelty into regulated Wall Street infrastructure, with Morgan Stanl...
OpenAI launches GPT-Realtime-2, GPT-Realtime-Translate, and GPT-Realtime-Whisper — three voice models baking GPT-5-class reasoning, 70+ language live translation, and streaming transcription into its API. The move targets a $17.97B conversational AI market and could reshape enterprise customer se...
Amazon Web Services, Coinbase, and Stripe launched Amazon Bedrock AgentCore Payments on May 7 — the first managed cloud infrastructure letting autonomous AI agents pay for APIs, data, and services in USDC at 200ms finality. Here's why it rewires the entire agentic economy.
Morgan Stanley is piloting crypto trading on its E*Trade platform with a 50-basis-point fee — — a move that signals Wall Street's largest wealth managers are finally building direct retail crypto rails, not just ETF wrappers, into their mass-market brokerage infrastructure.