Joseph Rees
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Articles By This Author
Venezuela Upholds Crypto Mining Ban as Power Demand Hits 9-Year Peak
Key Takeaways On May 7, peak 15,579 MW demand prompted Venezuela to reiterate bitcoin mining ban measures. The ban impacts local miners, mirroring a 2024
Tucker Carlson Calls Markets ‘Fake’ After 60 Days of Middle East Conflict – Bitcoin News
Key Takeaways Tucker Carlson called public markets “fake,” pointing to oil trading under $100/barrel despite 60+ days of war disruption. Bitcoin climbed to $82,000 and
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
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
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
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,
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
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 adds Coinbase to the growing
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 sportsbook. Christian Genetski assumed leadership;
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. Bermuda uses its 2018 Digital