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

Coins Legend May 8, 2026 0

A wallet address associated with crypto investment firm Metalpha has moved nearly $20 million worth of ether into Binance, adding fresh selling pressure on a token already contending with bearish sentiment. Large Exchange Inflow Signals Potential Sell-off A wallet identified by Lookonchain as

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

Coins Legend May 8, 2026 0

A mysterious crypto whale with alleged ties to industry veteran Erik Voorhees has added another $6.67 million in ether to a position that has already accumulated more than $266 million worth of the token. Key Takeaways: A whale wallet linked to Erik Voorhees bought 2,920 ETH for $6.67M on May 8, 2026, per Lookonchain. The […]

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Tether Freezes $515 Million in USDT Across 371 Addresses in 30 Days

Coins Legend May 8, 2026 0

Tether has blacklisted 371 addresses and frozen approximately $515 million worth of USDT across the Ethereum and Tron networks over the past 30 days, new data shows. Escalating Compliance Measures According to data from Blocksec’s USDT Freeze Tracker, Tether blacklisted 371 addresses on Ethereum and Tron combined. Of those, 329 freeze actions were executed on […]

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

Coins Legend May 8, 2026 0

Robinhood’s Vlad Tenev revealed the U.S. is on the verge of passing the Crypto Clarity Act, legislation that would establish a formal regulatory framework for digital assets in America for the first time. Landmark Legislation for Digital Finance The co-founder and chief executive of Robinhood said Friday that the U.S. is finalizing the passage of […]

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Coinbase Buys $88 Million Worth of Bitcoin in Q1 2026

Coins Legend May 8, 2026 0

Coinbase disclosed during its Q1 2026 earnings call that it purchased $88 million worth of bitcoin during the quarter, marking a significant addition to the publicly listed exchange’s corporate treasury. Strong Accumulation Signal Coinbase, the only major U.S.-listed cryptocurrency exchange, added bitcoin to its corporate treasury during the first quarter of 2026,

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

Coins Legend May 8, 2026 0

Coinbase’s exchange went dark for over two hours on Friday after an Amazon Web Services (AWS) outage disrupted trading access for thousands of users worldwide. Major Disruption Affects Withdrawals, Trades Coinbase, one of the world’s largest cryptocurrency exchanges by trading volume, experienced a significant service disruption Friday morning after an outage at Amazon Web

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Flutter Restructures US Operations as FanDuel CEO Howe Departs With $4.37M Severance

Coins Legend May 8, 2026 0

Flutter Entertainment announced a leadership transition at FanDuel, with Chief Executive Amy Howe departing after five years and Christian Genetski stepping into the CEO role. The departure was confirmed alongside Flutter’s Q1 2026 results. Genetski Takes Over While Flutter Names Group-Level President Per the press release, Howe will receive severance of $4,370,828 – equal

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Bermuda Pushes New USDC Airdrop as Premier Burt Targets Local Merchants

Coins Legend May 8, 2026 0

Bermuda is transitioning from blockchain experimentation to practical implementation with the announcement of a new USDC stablecoin airdrop and a merchant onboarding program. Strategic Expansion of USDC Airdrops Bermuda is expanding its push into digital currency by launching a new stablecoin distribution and a comprehensive merchant onboarding program, Premier David Burt

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

Coins Legend May 8, 2026 0

Payward Inc., the parent company of cryptocurrency exchange Kraken, announced on Thursday that it has agreed to acquire Hong Kong-based Reap Technologies Holdings for up to $600 million in a mix of cash and stock, in a deal that values Payward at $20 billion. Payward Locks in $600M Reap Acquisition as Stablecoin Card Market Tops […]

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Bitcoin Must Hold $88.88K to Confirm a BTC Bottom, Analysis

Coins Legend May 8, 2026 0

An analysis shared by Cryptoquant indicates bitcoin must reclaim and hold $88,880 before traders can confirm a BTC bottom. UTXO age bands identified several realized price levels where trapped buyers could add resistance during recovery attempts. Bitcoin UTXO Age Bands Show What Could Confirm a BTC Bottom Cryptoquant, an on-chain and market data analytics firm, […]