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 The XRP Ledger Foundation, a nonprofit organization that contributes to, grows, and advocates for the…

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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 potential $78,000 breakdown triggering liquidations. Liquidation Volume Recedes Amid Consolidation Bitcoin traded sideways on Friday…

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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 Maps Broader SEC Shift Toward Onchain Frameworks Securities and Exchange Commission (SEC) Chairman Paul S….

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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 Services Went Down Crypto exchange Coinbase (Nasdaq: COIN) disclosed through Coinbase Support that a May…

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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 Adds Penalties and Oversight for Crypto Kiosks Iowa Attorney General Brenna Bird announced May 6,…

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BSP Issues Warning Anew Against Unauthorized Crypto Service Providers

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 (VASPs). The central bank noted that engaging with unlicensed platforms poses significant risks to financial consumers.   According to the advisory sent to media publications including BitPinas, VASPs are entities that…

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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 users could not trade or faced degraded performance during the AWS disruption. Coinbase confirmed it is investigating the issue; no resolution timeline has been shared publicly. Major Disruption Affects Withdrawals, Trades Coinbase, one of the…

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