The Open Network has called off its Gateway Dubai conference that was scheduled for May 1–2, 2026, citing safety concerns in the UAE related to the Middle East conflict. The cancellation follows missile and drone attacks on the United Arab Emirates after strikes in Iran by the U.S. and Israel, while organizers explore alternative formats for a TON ecosystem gathering later this year.

21Shares has listed the first U.S. spot Polkadot exchange-traded fund, trading on Nasdaq under the ticker TDOT. The fund was launched on Friday with an initial seed capital of $11 million and charges a 0.3% fee, offering investors exposure to Polkadot's DOT token without directly holding the asset.

Tether, the largest issuer of U.S. dollar-pegged stablecoins, co-led a $7.5 million funding round in Bitcoin infrastructure startup Utexo to support native USDT settlement on the Bitcoin and Lightning networks. The company's technology is designed to process atomic, private USDT payments with fixed, upfront fees paid in USDT. Tether has also recently backed projects such as LayerZero Labs and sleep-technology firm Eight Sleep at a $1.5 billion valuation.

The Internal Revenue Service has proposed a rule that would let crypto brokers such as Coinbase and Kraken require customers to receive Form 1099-DA tax statements electronically rather than on paper. Starting this year, these platforms must report both gross proceeds and cost basis for digital asset sales, giving the IRS more detailed information on users' gains and losses and potentially tightening compliance oversight.

Zerohash has submitted an application to the U.S. Office of the Comptroller of the Currency for a national trust bank charter so it can offer a wider range of digital asset services. The proposed trust bank would focus on custody for digital assets and fiat, custodial staking, transfer agent functions, and stablecoin management rather than traditional deposit-taking or lending. If approved, the charter could place Zerohash under federal oversight and potentially make it more attractive to institutional clients.

Core Scientific reported fourth-quarter revenue of $79.8 million, down from $94.9 million a year earlier, as bitcoin mining income fell to $42.2 million from $79.9 million. At the same time, colocation services revenue increased to $31.3 million from $8.5 million, supported by an expansion of high-density infrastructure. The company ended the year with $533.4 million in liquidity but posted a negative adjusted EBITDA of $42.7 million, and its shares slipped slightly in after-hours trading.

Riot Platforms reported that its revenue reached a record $647.4 million in 2025, up from $376.7 million in 2024, as it accelerated its shift into artificial intelligence and high-performance computing infrastructure. The bitcoin miner produced 5,686 BTC in 2025, holds over 18,000 bitcoin, and has begun generating revenue from a data center lease with AMD, while its average mining cost rose to $49,645 per bitcoin.

Major cryptocurrencies climbed on Wednesday, adding more than $170 billion in market value and posting one of the strongest single-day rebounds in weeks. The total market cap rose roughly 8% to nearly $2.5 trillion as bitcoin briefly exceeded $70,000, with Ethereum up over 13% and Solana more than 15%. Some analysts linked the move to a pause in a "10 a.m." selloff after a Jane Street lawsuit, though no public evidence shows fixed-time sales.

Bloomberg reported on Tuesday that Stripe has shown preliminary interest in purchasing all or part of PayPal. Also on Tuesday, Stripe said it signed agreements for an employee liquidity tender valuing the company at $159 billion. PayPal's stock jumped on takeover chatter but remains down nearly 40% over the past year.