Coincheck Acquired by KDDI for $65M
KDDI invests $65M for a 14.9% stake in Coincheck Group, shares rise 35% on May 12. Partnership to launch non-custodial wallet for 30M users in summer 2026. #Update #Crypto
KDDI invests $65M for a 14.9% stake in Coincheck Group, shares rise 35% on May 12. Partnership to launch non-custodial wallet for 30M users in summer 2026. #Update #Crypto
@Binance’s AI systems blocked $10.5B in crypto fraud over 15 months, intercepting 22.9M scam attempts and recovering $12.8M in 2025. #Update #Crypto
Emerging markets represented 77% of Binance users in 2026, with many using crypto for savings and payments; stablecoins are key for remittances and financial access. #Update #Crypto $BNB
@Payward, parent of Kraken, files OCC application for a national trust company to enhance institutional digital asset custody, aiming to expand U.S. client services. #Update #Legal
@Coinbase faced a major outage due to an AWS datacenter cooling failure, disrupting trading and user access for hours. CEO Brian Armstrong stressed the need for improved infrastructure. #Update #Crypto
XRP’s market dominance on @Binance has surged to 91%, raising concerns about whale control. This development highlights significant shifts in trading dynamics. #Update #Crypto $XRP
@Binance faces scrutiny as the US Treasury demands compliance with a monitoring program linked to a $4.3B settlement, following reports of $1B transactions tied to Iran. #Update #Crypto $BNB
Changpeng “CZ” Zhao of @Binance suggested a revival of Binance.US to enhance U.S. traders’ access to global crypto liquidity, citing regulatory changes and increased U.S. engagement. #Update #Crypto $BNB
@Binance launches ‘Withdraw Protection’ to block outgoing transfers for up to 7 days amid a 75% rise in crypto wrench attacks in 2025. #Update #Security
@Bullish plans to acquire Equiniti for $4.2B, linking digital assets with shareholder records. The deal aims to create a global transfer agent for tokenized securities. #Update #Finance
Coinbase (@coinbase) cuts 14% workforce, impacting 700 employees, to manage costs and focus on AI. Restructuring costs estimated at $50-$60M. #Update #Crypto
Over $92M laundered via the collapsed DSJ Exchange Ponzi scheme, leading to over $150M in losses; @Tether, @Binance, and @OKX froze $41.5M in assets with help from ZachXBT. #Breaking #Crypto $USDT
Russia’s Moscow Exchange to launch crypto indexes for $SOL, $XRP, $TRX, and $BNB on May 13, using multi-exchange data from Binance, Bybit, OKX, and Bitget. #Update #Crypto $BNB
@Nobitex is under international investigation for allegedly facilitating sanctions evasion, linked to the Khazzari family and processing funds for sanctioned entities like Iran’s Central Bank. #Update #Crypto $BTC