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Bank of America is preparing to hand out $2.25 million in a settlement over fees charged at ATMs located within 7-Eleven stores. The class action lawsuit alleges that BofA charged its customers two out-of-network fees for balance inquiry requests when only a single balance inquiry was made at the ATMs located at the convenience store chain. The 2019 lawsuit, filed in the U.S. District Court for the Southern District of California, claims that the second-largest US bank by total assets breached its contract with customers when hitting them with excessive fees, claiming the ATMs should have only charged the customers…

In brief Power availability is the central bottleneck in AI infrastructure buildout, says Bernstein, following a reported Google/Blackstone AI cloud alliance. Bitcoin miners collectively control over 27GW of planned power capacity and have signed more than $90 billion in AI contracts, positioning them as critical suppliers for the AI boom. Individual miners are locking in major partnerships, often involving equity commitments that align both sides on scaling up capacity. As Google and Blackstone move to establish a new AI cloud venture, an unexpected group of players stands to benefit: Bitcoin miners.The Wall Street Journal reported late Monday that Google and…

In brief Two American men were arrested for their alleged role in entering the zoo enclosure of the viral monkey, Punch. One man reportedly climbed into the enclosure wearing a costume promoting a Solana meme coin, while the other allegedly filmed it. The meme coin has jumped 38% on the back of the stunt, which gained millions of views on social media. Two American men were arrested for their role in disturbing viral macaque monkey Punch by slipping into his enclosure in a Japanese zoo—all in an effort to promote a meme coin, according to a report from the New…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin’s on-chain profitability has recovered sharply from its March lows, but analyst Axel Adler Jr. says the market still lacks a stronger behavioral confirmation that a durable reversal is underway. In his May 19 “Bitcoin Morning Brief,” Adler pointed to a mixed setup across two closely watched on-chain indicators: Bitcoin Percent Supply in Profit and Short-Term Holder SOPR. The first metric shows a meaningful structural recovery. The second still suggests that recent buyers are not yet realizing sustained profits with enough confidence to validate the move. “Supply…

In brief Nearly a decade after its founding and raising $100 million, Prometheum has officially executed its first crypto trades. Co-CEO Aaron Kaplan argues the platform dovetails with the modernization of markets through tokenization. Prometheum’s launch arrives in a drastically altered regulatory climate, following Gary Gensler’s departure as SEC chair. After weathering years of industry skepticism and navigating a shifting regulatory landscape, Prometheum has executed its first crypto trades—aiming to prove its critics wrong by seamlessly integrating digital assets with traditional investments under a single regulatory roof.The company, which has raised nearly $100 million since it was established nearly a…

May 19, 2026 – Nuremberg, Germany Based on Coinbird DCA Calculator data – monthly Bitcoin buying since 2015 returned +4,515%, while investors would still have endured a 76.7% drawdown, and DCA underperformed lump-sum investing in Coinbird’s tested shorter-term scenarios. New analysis from independent crypto comparison platform Coinbird shows what disciplined monthly Bitcoin buying since 2015 would have actually produced, while also showing where the popular narrative of ‘just DCA into Bitcoin’ oversimplifies the reality. The findings are based on Coinbird’s Bitcoin DCA Calculator, which uses historical Bitcoin price data from CoinGecko and lets users model recurring investment scenarios going back…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The XRP Ledger is hosting tokenized US Treasuries, money market funds, and real estate instruments, but it is also hosting something far more fundamental than these.  Electricity has become one of the largest real-world assets now represented on the XRP Ledger. Data from RWA.xyz shows JMWH, an energy-linked token issued through Justoken, with a total asset value of about $2.229 billion, putting tokenized power production directly on the Ledger infrastructure. $2 Billion Tokenized Electricity On The XRP Ledger Data from RWA.xyz shows over $2 billion worth of…

In brief Nearly a decade after its founding and raising $100 million, Prometheum has officially executed its first crypto trades. Co-CEO Aaron Kaplan argues the platform dovetails with the modernization of markets through tokenization. Prometheum’s launch arrives in a drastically altered regulatory climate, following Gary Gensler’s departure as SEC chair. After weathering years of industry skepticism and navigating a shifting regulatory landscape, Prometheum has executed its first crypto trades—aiming to prove its critics wrong by seamlessly integrating digital assets with traditional investments under a single regulatory roof.The company, which has raised nearly $100 million since it was established nearly a…

In brief Minnesota became the first state to ban prediction markets, making it a felony to operate or advertise such platforms. Hours later, the CFTC and DOJ sued the state, arguing the ban illegally interferes with federal authority. The clash is the latest escalation in a broader fight between states and the Trump administration over prediction market regulation. This week, Minnesota became the first state in the country to ban prediction markets—and hours later, the Commodity Futures Trading Commission and Department of Justice sued the state over the prohibition, claiming it was illegal.The whipsaw turn of events marks the latest…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure US President Donald Trump appears to have quietly shifted his crypto focus from meme coins to Bitcoin (BTC). While his self-titled meme coin, Official Trump (TRUMP), continues to trade in the market after a more than 80% crash, new federal disclosures reveal that the President and his family have been investing in firms with direct ties to BTC. The trades, made in the first quarter of 2026, targeted major global companies built around bitcoin mining, holding, and trading. The move reveals Trump’s deeper push into the crypto…

In brief Google unveiled Gemini Spark at I/O 2026. Spark is a cloud-based personal AI agent powered by Gemini 3.5 that runs 24/7. Spark integrates with Gmail, Docs, and Slides out of the box, and adds MCP connections to Canva, OpenTable, and Instacart starting today. Google’s Gemini app has more than 900 million monthly users. Up until now, most of them used it as a very smart chatbox. That changes today.At Google I/O 2026, the company announced Gemini Spark, a personal AI agent that doesn’t wait to be asked. It manages tasks across your apps around the clock, flags things…

Btrust, the non-profit organization dedicated to decentralizing Bitcoin open-source development, has announced the appointment of a new Board of Directors, marking the completion of a landmark governance transition and the launch of the organization’s next strategic chapter. Following a global, open call and a rigorous, multi-stage selection process, Janet Maingi, Bruno Garcia, and Laurence Aderemi have assumed full governance responsibilities, the organization told Bitcoin Magazine. The selection was guided by Btrust’s Genesis Principles, which prioritize transparency, fairness, and mission alignment — values that have anchored the organization since its founding. The transition fulfills the original mandate set in 2021, when…

Make CryptoSlate preferred on The Ethereum price pullback toward $2,100 has turned a short-term price correction into a broader test of the market’s conviction in one of crypto’s largest assets.Data from CryptoSlate show that ETH has fallen nearly 10% over the past week, wiping out its May gains and bringing traders’ focus back to the $2,000 level.This price performance came as selling pressure spread across spot markets, derivatives, and regulated investment products.The weakness has left Ethereum price caught between two competing forces. In the near term, rising oil prices, exchange inflows, aggressive futures selling, and ETF redemptions have weighed on…

In brief Canaan’s revenue dropped 68% quarter-over-quarter to $62.7 million, triggering a widening net loss of $88.7 million. To secure “survivability,” the firm reduced total quarterly operating expenses to $31.4 million, while trimming staffing costs. Amid volatile crypto prices, CEO Nangeng Zhang is steering Canaan toward high-performance computing and AI infrastructure. Canaan shares plunged on Tuesday after the Bitcoin miner and hardware maker reported its second straight quarterly loss, tightening its belt as turbulent energy prices clouded the company’s outlook amid a shift toward computing infrastructure.The Singapore-based firm, which manufactures Bitcoin mining equipment, disclosed a first-quarter net loss of $88.7…

A new report from Bitcoin lending platform Ledn is putting a big number on a market that barely exists yet: $1 trillion. The company released research showing that the consumer Bitcoin-backed loan market — currently worth around $3 billion — could grow 300 times larger within the next decade.  To put that in context, Galaxy Research pegged the entire crypto lending market, across every type of platform and product, at a $73.6 billion all-time high in Q3 2025. Ledn is betting the consumer Bitcoin slice alone will dwarf that figure. The research was conducted by Protocol Theory, a consumer insights…