Saturday May 16, 2026
The Week in Review
Crypto and Blockchain
◾ Senate Banking Committee advances CLARITY Act Reuters
◾ SEC weighs new rulemaking on how software fits into onchain market structure frameworks The Block
◾ Sen Warren demands $META detail stablecoin plans Senate Banking Committee
◾ FTX shareholders seek $525M from Fenwick & West over role in FTX collapse National Law Journal
◾ Michael Saylor clarifies plan to buy 10-20 BTC for every 1 $MSTR share sold The Block
◾ Charles Schwab $SCHW rolling out spot crypto trading X
◾ DTCC taps Chainlink for tokenized collateral appchain CoinCentral
◾ Coinhouse receives MiCA authorization in France LinkedIn
◾ Ledger delays US IPO plans citing market conditions CoinDesk
◾ Winklevoss twins add $100M support-investment in Gemini $GEMI Globe Newswire
◾ Harris Poll: 1 in 4 American adults now use crypto Business Wire
Artificial Intelligence
◾ US clears $NVDA H200 chip sales to 10 Chinese firms Reuters
◾ $MSFT and OpenAI cap revenue-sharing payments at $38B through 2030 The Information
◾ Ilya Sutskever testifies he spent a year documenting Sam Altman’s “consistent pattern of lying” in Musk v. OpenAI case Reuters
◾ Sam Altman testifies he never promised to keep OpenAI nonprofit CNBC
◾ Closing arguments delivered in Musk vs. OpenAI case; jury deliberates next week The Information
◾ Federal judge weighs $1.5B Anthropic settlement with authors Reuters
◾ CME Group and Silicon Data to launch first compute futures PR Newswire
◾ OpenAI launches Daybreak cybersecurity initiative OpenAI
◾ Meta to launch incognito chat mode for AI on WhatsApp Meta
Gaming, Social & Interactive Platforms
◾ CFTC in talks with every major pro sports league on prediction derivatives insider trading CoinDesk
◾ CFTC issues no-action letter exempting event contracts from swap data reporting and recordkeeping CFTC
◾ Texas AG sues $NFLX for spying on users and illegally collecting data on kids and consumers Texas AG
◾ Investor Byron Allen acquires control of BuzzFeed for $120M The Information
◾ $DKNG adds parlay combo feature to prediction markets offering Gambling News
◾ GTA 6 pre-orders set to open next week per Best Buy leak Rockstar Intel
Space & Satellites
◾ Dept of War releases first batch of UFO files Defense.gov
◾ FCC approves EchoStar $SATS spectrum sale to SpaceX and $T, $40B deal Cord Cutters News
◾ CBO pegs Golden Dome defense system at $1.2T to develop, deploy, and operate over 20 years CBO
◾ House Appropriations Committee approves $24B NASA budget House Appropriations
◾ NASA outlines Artemis III mission plan using “spacer” upper stage NASA
◾ Starlink pauses reseller program amid soaring demand PCMag
◾ SpaceX Starship V3 debut set for May 19, 6:30PM ET Space.com
◾ Blue Origin signals readiness for external funding FT
◾ Sea Limited $SE Q1’26: Revenue $7.1B +46.6% y/y | Op income $593M +29.9% y/y | Net income $438M +6.7% y/y | aEBITDA $1.0B +9.3% y/y Sea Limited
◾ SoftBank Corp $SFTBY FY’26: Revenue ¥7,038.7B +7.6% y/y | Op income ¥1,042.6B +5.4% y/y | Net income ¥550.8B +4.7% y/y SoftBank Corp
◾ BitGo $BTGO Q1’26: Revenue $3.8B +113% y/y | Op loss $19.9M | Net loss $60.7M | aEBITDA loss $1.7M BitGo
◾ Tencent $TCEHY Q1’26: Revenue ¥196.5B +9% y/y | Op income ¥67.4B +17% y/y | Net income ¥58.1B +21% y/y | aEBITDA ¥89.6B Tencent
◾ Circle $CRCL Q1’26: Revenue $694M +20% y/y | Op income $45M | Net income $55M -15% y/y | aEBITDA $151M +24% y/y Circle
◾ Sega Sammy $SGAMY FY’26: Revenue ¥487.5B +13.7% y/y | Op income ¥47.1B | Net loss ¥5.8B | aEBITDA ¥16.7B Sega Sammy
◾ Eutelsat $ETL Q3’26: Revenue €293.0M -2.3% y/y Eutelsat
◾ eToro $ETOR Q1’26: Net Contribution $258M +19% y/y | Net income $82M +37% y/y | aEBITDA $109M +35% y/y Globe Newswire
◾ Bakkt $BKKT Q1’26: Revenue $243.6M -77.1% y/y | Op loss $16.9M | Net loss $11.7M | aEBITDA loss $13.7M Globe Newswire
◾ Square Enix $SQNXF FY’26: Revenue ¥297.7B -8.3% y/y | Op income ¥54.7B +34.9% y/y | Net income ¥29.6B +21.3% y/y Square Enix
◾ Bitdeer $BTDR Q1’26: Revenue $188.9M | Op loss $105.9M | Net loss $159.5M | aEBITDA $14.4M Globe Newswire
◾ MARA Holdings $MARA Q1’26: Revenue $174.6M -18% y/y | Op loss $1.1B | Net loss $1.3B | aEBITDA loss $1.0B MARA
◾ CleanSpark $CLSK Q2’26: Revenue $136.4M -24.9% y/y | Op loss $345.7M | Net loss $378.3M | aEBITDA loss $241.2M CleanSpark
◾ Bullish $BLSH Q1’26: Adjusted revenue $92.8M | Net loss $604.9M | aEBITDA $35.1M Bullish
◾ Gemini $GEMI Q1’26: Revenue $50.3M +42% y/y | Op loss $94.2M | Net loss $109.0M | aEBITDA loss $59.9M Globe Newswire
◾ Keel Infrastructure $KEEL Q1’26: Revenue $37M -23% y/y | Op loss $98M | Net loss $128M | aEBITDA loss $17M Keel Infrastructure
◾ TeraWulf $WULF Q1’26: Revenue $34.0M | Op loss $162.1M | Net loss $427.6M | aEBITDA loss $4.1M Globe Newswire
◾ Bit Digital $BTBT Q1’26: Revenue $27.9M | Net loss $146.7M | aEBITDA loss $9.4M PR Newswire
◾ Rumble $RUM Q1’26: Revenue $25.5M +7% y/y | Op loss $39.1M | Net loss $30.3M | aEBITDA loss $21.0M Globe Newswire
◾ Exodus $EXOD Q1’26: Revenue $22.7M -37% y/y | Net loss $32.1M Globe Newswire
◾ Sharplink $SBET Q1’26: Revenue $12.1M | Op loss $684.6M | Net loss $685.6M Sharplink
◾ HUYA $HUYA Q1’26: Revenue ¥1,728.4M +14.6% y/y | Op loss ¥28.8M | Net loss ¥4.1M PR Newswire
◾ WonderFi $WNDR Q1’26: Revenue C$7.7M Newsfile
◾ Fold $FLD Q1’26: Revenue $5.6M -21.1% y/y | Net loss $29.2M | aEBITDA loss $5.8M Globe Newswire
◾ KULR $KULR Q1’26: Revenue $4.8M +98% y/y | Op loss $7.4M -22% y/y | Net loss $28.1M Globe Newswire
◾ Upexi $UPXI Q3 FY’26: Revenue $4.6M +43.8% y/y | Net loss $109.3M Globe Newswire
◾ Caliber $CWD Q1’26: Revenue $4.3M | Net loss $3.6M | aEBITDA loss $719K Globe Newswire
◾ Genius Group $GNS Q1’26: Revenue $3.3M +171% y/y | Op income $2.7M | Net income $2.7M | aEBITDA $600K Globe Newswire
◾ Metaplanet $MTPLF Q1’26: Revenue ¥3.1B +251% y/y | Op income ¥2.3B +283% y/y | Net loss ¥114.5B Bitcoin News
◾ Forum Markets $FRMM Q1’26: Revenue $2.9M PR Newswire
◾ Strive $ASST Q1’26: Revenue $2.8M | Op loss $313.1M | Net loss $265.9M Globe Newswire
◾ Nakamoto $NAKA Q1’26: Revenue $2.7M | Op loss $126.2M | Net loss $238.8M Business Wire
◾ DeFi Development Corp $DFDV Q1’26: Revenue $2.7M | Net loss $83.4M Globe Newswire
◾ Trump Media & Technology Group $DJT Q1’26: Revenue $0.9M | Net loss $405.9M | aEBITDA loss $387.8M Globe Newswire
◾ Coincheck Group $CNCK Q4’26: Revenue ¥119.7B +4% y/y | Op loss ¥1.4B | Net loss ¥1.2B | aEBITDA loss ¥864M Coincheck Group
◾ The Messy Courtroom Drama Over AI’s Biggest Breakup (WSJ)
◾ How Eurovision Became a Global Soft Power Play (WSJ)
◾ How to Build a Data Center in Space (Bloomberg)