Day: 8 May 2026

London, United Kingdom, 8th May 2026, Chainwire

Hey crypto fam, Here’s Your Week in Web3 at a Glance: U.S. lawmakers are moving closer to a formal agreement on stablecoin yield after locking in a major compromise under the CLARITY Act Bitcoin sentiment remains positive near $80K, but accumulation is becoming more cautious as macro volatility lingers Institutional ...

South Korea has passed a new law aimed at strengthening oversight of crypto assets moving in and out of the country, adding pressure on digital asset firms as regulators push for stricter controls across the sector. According to local media reports, the country’s National Assembly approved an amendment to the ...

Coinbase has restored trading services after a major outage disrupted activity across its platform and forced several markets into temporary “Cancel Only” and auction modes. The incident began late Thursday after users reported issues accessing trading functions on both web and mobile platforms. Coinbase Support later confirmed on X that ...

European Central Bank President Christine Lagarde has warned that stablecoins are moving from crypto trading tools into core parts of the global financial system, raising new risks for monetary control and stability. The stablecoin market has grown quickly, rising from under $10 billion six years ago to more than $300 ...

The U.S. Senate Banking Committee seem to be moving closer to a major step on crypto regulation, with lawmakers preparing to formally notice a markup (set a calendar date) for the CLARITY Act as soon as Friday after months of political negotiations and industry debate. According to Eleanor Terrett, CryptoAmerica ...

U.S. spot Bitcoin ETFs recorded a combined net outflow of $277.5 million on May 7, according to SoSoValue data, ending a five-day inflow streak that had helped support Bitcoin’s recent climb.  The pullback comes at a time when Bitcoin has remained relatively stable above key price levels (Bitcoin moved slightly ...