Summary Kraken’s parent company, Payward, has filed a second amended complaint in Colorado federal court accusing former custody partner Etana Custody and its CEO of misappropriating more than $25 million
Crypto
Applied Digital closed a Goldman-led $300M senior secured bridge loan to accelerate its next 150 MW AI data center, layering it on top of $2.15B in notes and a $7.5B
Nasdaq-listed DeFi Development Corp has launched a $200M at-the-market equity program, pledging to issue stock only when it boosts “SOL per share” and fuels its Solana reserve strategy. Summary Nasdaq-listed
Bitmine Immersion Technologies said its Ethereum holdings reached 5,180,131 ETH as of May 3. Summary Bitmine added 101,745 ETH last week, pushing total Ethereum holdings to 5.18 million tokens now.
GameStop has submitted an unsolicited, non-binding proposal to acquire eBay for $125 per share. Summary GameStop offered $125 per eBay share, valuing the unsolicited takeover proposal at about $55.5 billion.
Ripple’s native token (XRP) traded at $1.41 at press time, with 24-hour trading volume at $1.67 billion, based on crypto.news data. Summary XRP reclaimed $1.40 on rising volume, keeping traders
Coinbase has urged U.S. derivatives regulators to keep prediction markets under existing rules, filing a formal response as legal pressure builds around event-based contracts. Summary Coinbase has submitted a letter
Bitcoin developers and crypto advocates are again debating how the network should handle Satoshi Nakamoto’s early Bitcoin holdings. Summary Bitcoin advocates argue touching Satoshi’s coins could weaken the network’s core
Three presales are sitting on the table, each promising the moon, but only one is actually printing receipts. That’s the situation traders are staring at right now with BlockchainFX (BFX),
Warren Buffett used the 2026 Berkshire Hathaway shareholder meeting to warn investors about rising speculation across markets. Summary Buffett said investors are showing a stronger gambling mood across volatile markets
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