A certain whale is hoarding 67,480 SOL and 6.2 million JUP, with a total value exceeding $7.7 million.

On May 9th, on-chain analyst Ai Auntie (@ai_9684xtpa) noted that F2Pool co-founder Wang Chun withdrew 7,461 ETH (valued at $17.27 million) from Binance 5 hours ago, then deposited the funds into Spark.

On May 9, Coinbase CEO Brian Armstrong acknowledged an outage the previous day (May 8) that was "absolutely unacceptable." The root cause traced to overheating in an AWS data center room, triggering multiple cooling unit failures. Coinbase’s systems are built to be redundant against single AWS Availability Zone (AZ) outages—and most operated as intended overnight. However, the centralized exchange failed to achieve full redundancy due to latency optimizations and customer host colocation needs. While these measures typically support AZ outage resilience, they introduced latency risks and disrupted colocation setups. Post-incident, Coinbase will reevaluate its architecture to strike a balance, aiming to drastically cut downtime during AZ migrations. The company thanked AWS and Coinbase teams for overnight mitigation efforts, noting a detailed technical summary will be released later.

May 9 — Aave has unveiled the Phase Two update for its rsETH incident recovery plan. On April 28, Aave rolled out its V3 technical recovery solution for the rsETH hack, with progress now made on both Ethereum Mainnet and Arbitrum. On May 6, 8 Aave V3 positions linked to the attacker were successfully liquidated, and the recovered rsETH collateral was sent to the Recovery Guardian per the Aave Improvement Proposal (AIP). Other users — including Umbrella stakers — were unharmed. Plus, governance proposals from Mantle DAO and Arbitrum DAO have been greenlit. The latter signed off on returning $71 million worth of recovered ETH to Aave for the DeFi United joint recovery push. Legal wins are also in the books: a court order has cleared Arbitrum DAO to send frozen ETH to Aave LLC via on-chain voting, with the restraining order to be issued after the transfer. Aave LLC is now waiting for a final court ruling. As a stopgap, the team has borrowed extra funds to cover the shortfall — ensur

Per monitoring by Dongcha Beating (via its Telegram channel @OneMillion_AI), AI model firm DeepSeek’s financing negotiations with Alibaba have collapsed. DeepSeek launched a major financing round in April that drew interest from tech giants including Tencent and Alibaba, but the two sides failed to reach an agreement. The core conflict: Alibaba sought to strengthen its AI ecosystem through the investment—integrating its Tongyi and Qianwen tools deeply into products like Taobao and Amap. DeepSeek, an independent AI model company, pushed back, insisting on minimal contractual constraints, preserving its technological independence, and rejecting excessive ecosystem integration requirements. DeepSeek founder Liang Wenfeng has long turned down external equity financing; this round marks his first time opening the door to such deals, but his bottom line remains unchanged: he prioritizes offers with the “fewest additional conditions.” DeepSeek’s current financing round values the fir

MOSCOW EXCHANGE ANNOUNCES NEW CRYPTO INDEX FUTURES, CRYPTO INDEX CALCULATIONS The Moscow Exchange said Wednesday (May 9) it will launch deliverable futures contracts tied to indexes of three cryptocurrencies — SOL, XRP and TRX — on May 14. Participation is limited to eligible investors, with settlements in Russian rubles and no physical delivery of the underlying digital assets. Separately, the exchange will start calculating and publishing indexes for four cryptos — adding BNB to the list — on May 13.

On May 9, Coinbase announced it acquired 1,103 bitcoins in Q1 2026, pushing its total treasury holdings to 16,492 BTC.