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Metalpha Related Wallet Offloads $20M in ETH to Binance Amid Whale Sell-off

Key Takeaways A Metalpha-linked wallet deposited 8,771 ETH (~$19.99M) into Binance on May 8, 2026. Lookonchain flagged the move as part of a continued pattern

Bitcoin

Whale Potentially Linked to Erik Voorhees Spends Another $6.67M on ETH

Key Takeaways: A whale wallet linked to Erik Voorhees bought 2,920 ETH for $6.67M on May 8, 2026, per Lookonchain. The wallet previously accumulated 123,184

Bitcoin

Robinhood CEO Says US ‘Very Close’ to Passing Crypto Clarity Act

Key Takeaways Robinhood CEO Vlad Tenev said May 8, 2026, that the U.S. is very close to passing the Crypto Clarity Act. Senator Angela Alsobrooks

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BSP Issues Warning Anew Against Unauthorized Crypto Service Providers

The Bangko Sentral ng Pilipinas (BSP) issued a public advisory on May 8, 2026, warning the public against transacting with unauthorized virtual asset service providers

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Coinbase Exchange Experiences “Degraded Performance” for Over Two Hours After AWS Outage

Key Takeaways Coinbase’s exchange suffered a 2+ hour outage on May 8, due to an AWS infrastructure failure. Some Coinbase users could not trade or

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Kraken Parent Payward Buys Reap Technologies for $600M to Build Stablecoin Payment Rails

Key Takeaways Payward Inc. agreed to acquire Reap Technologies for up to $600 million, valuing Kraken’s parent at $20 billion. Reap nearly tripled revenue and

Bitcoin

Genius Sports Absorbs key iGaming Affiliates as Q2 Forecast Doubles EBITDA

Key Takeaways Casino.org, Casino Guru, and Covers.com are now inside Genius Sports platform after the $1.2 bn Legend acquisition close. Q1 revenue beat consensus by

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Coinbase Reports 8.6% Record Market Share and $200 Million Derivatives Revenue

Key Takeaways Coinbase reached 8.6% crypto trading volume market share, setting a new company high. Derivatives adoption lifted retail annualized revenue above $200 million, expanding

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California Man Gets 6½ Years as FBI Ties $250M Crypto Heists to Home Burglaries

A federal court has sentenced a California man to 78 months in prison for his role in a social engineering conspiracy that authorities say stole

Bitcoin

CLARITY Act Draft Circulates Ahead of Potential Senate Vote, Report

Key Takeaways Senate Banking leaders reportedly circulated the CLARITY Act draft text before a potential Thursday committee vote. Unresolved bracketed sections, ethics language, and stablecoin