PLUS: NY AG wanted ETH classed a security

May 7, 2025

The biggest crypto news and ideas of the day 

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Welcome to The Node! This is Ben Schiller to take you through the latest crypto news. 

 

Here are the top stories from CoinDesk's reporters today:
Ethereum Activates ‘Pectra’ Upgrade, Raising Max Stake to 2,048 ETH
SEC Documents Reveal NY Attorney General Wanted ETH Declared Security
Coinbase Earnings Pain Likely as Retail Activity Slumps, Wall Street Analysts Warn
Bitcoin Payments App Strike to Offer BTC Lending in Boost to Reemergent Sector

Opinion: How Dems Can Win Crypto Voters
Democrats can get back crypto voters by sticking up for true decentralization in stablecoin legislation, says Hermine Wong.