Onchain Economy Has Reached Escape Velocity Amid Generational Shift
Key Takeaways Armstrong said the on-chain economy has reached “escape velocity” amid expanding crypto adoption. Coinbase positioned itself to capture the generational shift toward on-chain finance, according to Armstrong. Management highlighted stablecoins, payments, and AI-driven activity as major future growth…
US Public Still Prefers Banks Over Crypto | Catch Up | May 3 – 9, 2026
From South Korea to the US, from Google to World Liberty, here are the crypto stories you may have missed this week. 🏛️ Regulation & Global Policy South Korea Formalizes 2027 Tax Framework South Korea has officially set January 1,…
XRP Ledger Foundation Signals Public Collaboration Push Across Ecosystem
Key Takeaways The XRP Ledger Foundation introduced leaders across operations, engineering, and community engagement. The update emphasized collaboration with developers, validators, and infrastructure operators. Public coordination will focus on advocacy, development, and events. XRP Ledger Foundation Formalizes Broader Operating Structure…
Anthropic Targets $1T Valuation as Investors Chase Claude’s Enterprise Growth
Key Takeaways Anthropic seeks to raise to $50 billion this summer, targeting a valuation near $900 billion. The 2026 funding could help Anthropic surpass OpenAI as the world’s most valuable private AI company. Anthropic aims for a late 2026 IPO…
Bitcoin Bulls Defend $79,200 as $28.3M in Long Liquidations Resets Risk
Key Takeaways Bitcoin ended the week flat at $80,200 as markets largely ignored U.S.-Iran military skirmishes. The S&P 500 jumped 17.2% since March, adding $10 trillion in value as geopolitical fears receded. Bitunix analysts see a tug-of-war ahead, with a…
SEC Targets Onchain Trading Rules and Crypto Vault Oversight
Key Takeaways Atkins highlighted broader SEC interest in formal onchain market structure rulemaking. Blockchain-based trading and clearing systems may receive tailored regulatory treatment under future proposals. Crypto vaults drew increased attention as regulators examine securities and adviser law implications. Atkins…
Coinbase Points to Multi-Zone AWS Failures Behind Outage
Key Takeaways Coinbase linked the trading outage to failures across multiple AWS zones. The disruption interrupted core trading services despite built-in recovery systems. Coinbase plans a full review while awaiting AWS’s official retrospective. Coinbase Points to AWS Failures After Trading…
Iowa Signs Crypto ATM Licensing and Oversight Bill Into Law
Key Takeaways Iowa requires crypto ATM operators to hold money transmission licenses before running kiosks. Location reporting, fee disclosures, and consumer protection penalties expand state oversight authority. Enforcement actions may seek injunctions, compliance orders, and higher penalties against violators. Iowa…
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 of whale ETH selling on exchanges. ETH was trading around $2,284 as whale selling pressure…
Tether Freezes $515 Million in USDT Across 371 Addresses in 30 Days
Key Takeaways Tether blacklisted 371 addresses, freezing ~$515M in USDT on Ethereum and Tron over 30 days ending May 7. Of the 371 freeze actions, 329 occurred on the Tron network and 42 on Ethereum. The crackdown has once again…
