Joseph Rees
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Metalpha Related Wallet Offloads $20M in ETH to Binance Amid Whale Sell-off
- By Joseph Rees
- . May 8, 2026
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
Whale Potentially Linked to Erik Voorhees Spends Another $6.67M on ETH
- By Joseph Rees
- . May 8, 2026
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
Robinhood CEO Says US ‘Very Close’ to Passing Crypto Clarity Act
- By Joseph Rees
- . May 8, 2026
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
BSP Issues Warning Anew Against Unauthorized Crypto Service Providers
- By Joseph Rees
- . May 8, 2026
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
Coinbase Exchange Experiences “Degraded Performance” for Over Two Hours After AWS Outage
- By Joseph Rees
- . May 8, 2026
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
Kraken Parent Payward Buys Reap Technologies for $600M to Build Stablecoin Payment Rails
- By Joseph Rees
- . May 8, 2026
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
Genius Sports Absorbs key iGaming Affiliates as Q2 Forecast Doubles EBITDA
- By Joseph Rees
- . May 8, 2026
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
Coinbase Reports 8.6% Record Market Share and $200 Million Derivatives Revenue
- By Joseph Rees
- . May 8, 2026
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
California Man Gets 6½ Years as FBI Ties $250M Crypto Heists to Home Burglaries
- By Joseph Rees
- . May 7, 2026
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
CLARITY Act Draft Circulates Ahead of Potential Senate Vote, Report
- By Joseph Rees
- . May 7, 2026
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