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...
AMP
Coinbase Buys $88 Million Worth of Bitcoin in Q1 2026
Key Takeaways Coinbase purchased $88 million in bitcoin during Q1 2026, the company disclosed on its earnings call. The buy...
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...
Flutter Restructures US Operations as FanDuel CEO Howe Departs With $4.37M Severance
Key Takeaways Amy Howe departed as FanDuel CEO on May 6 with $4.37M severance after five years leading the US...
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....
Bermuda Pushes New USDC Airdrop as Premier Burt Targets Local Merchants
Key Takeaways Premier David Burt revealed a new USDC airdrop and merchant program at Consensus Miami 2026 on May 6....
Bitcoin Must Hold $88.88K to Confirm a BTC Bottom, Analysis
Key Takeaways $88.88K was identified as the first major resistance level above the current bitcoin price. Underwater holder cohorts could...
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....
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...
Kalshi Hits $22 Billion Valuation After Massive $1 Billion Series F Funding Round
Key Takeaways Kalshi raised a $1B Series F led by Coatue, doubling its valuation to $22B to target institutions. As...
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...
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...
Eric Trump at Consensus 2026: Why Big Finance’s Crypto Shift is Just the Beginning
Key Takeaways At Consensus 2026, Eric Trump praised an 18-month crypto boom, predicting massive future market growth. Showing impact, JPMorgan...
Bitcoin Drops Below $80K as Iran Rejects Trump Deal and Traders Dump $91M in Longs
Key Takeaways Bitcoin fell below $80,000 on May 7, erasing weekly gains after hitting a high of $82,833. Volatility triggered...
Coinbase Gives Amazon Bedrock Agents Wallet Tools With USDC Settlement
Key Takeaways Coinbase integrated x402 and wallet infrastructure into Amazon Bedrock Agentcore Payments for AWS developers. Agent payments include spending...