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News 2026 May 5, 12:00 (5 hours ago )

6h Crypto Recap: XRP, Coinbase, Binance, Bitcoin, AI — Heat rises

#Coinbase announced it will cut 14% of its jobs. The move was framed as a major workforce reduction tied to business conditions. ⚠️

#Kraken’s parent company Payward filed a lawsuit tied to a dispute involving Etana. The complaint includes allegations referencing a $25 million Ponzi claim. ⚖️

#World_Liberty_Financial filed a lawsuit against #Justin_Sun. The claims include defamation and market manipulation allegations.

#UAE launched an initiative around an innovation city concept that introduces #AI-linked onchain business IDs. The rollout focuses on digital identity for businesses using blockchain rails. 🤖