The Blockchain Bulletin May 8: Coinbase Teams Up with Riot Games

By: cryptotale org|2025/05/08 15:45:01
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Hey folks! Welcome to the latest edition of the Blockchain Bulletin, where we bring valuable and extensive news that hit the headlines in the past 24 hours. In a notable return to the esports sponsorship arena, Coinbase has struck a multi-event partnership with Riot Games, securing its position as the exclusive cryptocurrency exchange partner for global League of Legends and VALORANT tournaments. Earlier, Riot had a deal with the now-defunct FTX that collapsed in 2022. Coinbase’s role will extend across multiple esports events, including League’s Mid-Season Invitational, World Championship, and VALORANT’s Champions Tour, beginning with the VALORANT Masters tournament in Toronto on June 7. As part of this collaboration, Coinbase will sponsor real-time economic analysis segments such as “Econ Report” for VALORANT and “Gold Grind” for League of Legends, providing viewers with detailed financial metrics and strategic insights during matchesMeanwhile, Bhutan has launched the world’s first nationwide crypto payment system for travelers. With the partnership between Binance Pay and Bhutan’s DK Bank, the system enables tourists to use over 100 cryptocurrencies, including Bitcoin (BTC), Binance Coin (BNB), and USD Coin, across more than 100 local merchants, ranging from top spots to remote locations. All transactions are settled in Bhutanese ngultrum instantly, thanks to DK Bank’s integration with Binance Pay’s QR-based payment solutions Related: Maldives Plans $8.8B Blockchain Hub With Gulf InvestmentIn monetary policy news, the Federal Reserve concluded its recent meeting in Washington, D.C., and maintained the federal funds rate between 4.25% to 4.5%. The Fed described the U.S. economic growth as “solid pace” despite ongoing trade-related uncertainties. It noted that while the labor market remained stable, concerns surrounding high inflation and broader economic forecasts are intensifying.On the other hand, the U.S. Commodity Futures Trading Commission (CFTC) has officially withdrawn its appeal against Kalshi, the blockchain-based prediction market. This ends a significant legal conflict over whether Americans can legally trade event contracts based on election outcomes. Kalshi’s legal battle to get contracts predicting control of Congress approved for listing nearly ended in defeat. The regulatory body invoked gambling laws when prohibiting the listing. However, with the decision of the federal court in favor of Kalshi in September 2024, the CFTC seems to have let go of any further opposition, thus allowing political predictive markets to operate lawfully.Also on Capitol Hill, U.S. Treasury Secretary Scott Bessent expressed strong support for a comprehensive national digital asset strategy, stating during testimony before the House Financial Services Committee that the U.S. must strive to be the “premier destination for digital assets.” Bessent highlighted the legislative momentum behind efforts to establish a robust regulatory framework that would allow American crypto standards to influence global policy.Elsewhere, Ripple CEO Brad Garlinghouse announced a major shift in how the company reports its XRP market activities. Going forward, Ripple will discontinue its consolidated quarterly reports, opting instead for more flexible updates via blogs and social media, citing misuse of transparency disclosures in its previous legal battle with the SEC. In markets, Bitcoin (BTC) surged past $97,290, completing a highly anticipated CME gap fill at $96,800. Analyst Mister Crypto confirmed the technical milestone via candlestick chart analysis, which showed a decisive breakout followed by short consolidation—a movement closely watched by traders as BTC approaches potential resistance zones Related: Quant Price Prediction 2025-2035: Will It Hit $1,500 by 2035?The long-awaited Pectra upgrade finally came to life on the Ethereum network at epoch 364032, introducing an array of powerful features that uplift usage and scalability. Among the EIPs implemented were EIP-7702, allowing externally owned accounts to act much like smart contracts (“smart accounts”); EIP-7251, which increases staking limits; and EIP-7691, which improves Layer-2 integration and performance.The past 24 hours marked pivotal moves across crypto, from Coinbase’s esports comeback to Bhutan’s trailblazing payment system and regulatory shifts in the U.S. With Ethereum’s Pectra upgrade and Bitcoin’s market surge, the digital asset space is rapidly evolving. As institutions, governments, and developers align, the future of crypto continues to gain clarity, momentum, and mainstream validation.The post The Blockchain Bulletin May 8: Coinbase Teams Up with Riot Games appeared first on Cryptotale.

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LALIGA Match Report: Vinícius scores as 10-man Real Madrid secure a 3-2 comeback victory in Madrid derby

In the early hours of March 23, 2026, Round 29 of LALIGA delivered a headline clash at the Santiago Bernabéu. Real Madrid hosted their local rivals, Atlético de Madrid, in a high-stakes encounter. Under referee José Munuera, the match unfolded at a fierce pace, packed with physical duels and momentum swings. After a five-goal thriller, Real Madrid held firm for a 3–2 home win, taking all three points. They remain second on 69 points, now four behind leaders Barcelona.

From a numbers standpoint, Real Madrid stayed composed under pressure, completing 526 passes with a 52.4% share of possession. Atlético struck first in the 33rd minute through Lookman. After the break, Real Madrid flipped the game: Vinícius converted a penalty to level, then Valverde fired them ahead. Molina pulled Atlético back on level terms, but Vinícius stepped up again in the 72nd minute to seal the win. Late drama followed as Valverde saw red, forcing Real Madrid to defend deep with ten men through the final stretch. Atlético's aggressive approach—12 fouls and 4 yellow cards—kept the pressure on, but they couldn’t stop the comeback.

WEEX Insights: As the official LALIGA partner in the Hong Kong and Taiwan regions, WEEX sees this win as a masterclass in control under pressure. Even after a red card and constant attacks, Real Madrid stayed sharp and executed with precision. That same discipline—staying calm in volatile moments and acting with clarity—reflects the core trading mindset WEEX stands for. LALIGA fan campaigns are coming soon—celebrate the game with WEEX.

About WEEX

Founded in 2018, WEEX has developed into a global crypto exchange with over 6.2 million users across more than 150 countries. The platform emphasizes security, liquidity, and usability, providing over 1,200 spot trading pairs and offering up to 400x leverage in crypto futures trading. In addition to the traditional spot and derivatives markets, WEEX is expanding rapidly in the AI era — delivering real-time AI news, empowering users with AI trading tools, and exploring innovative trade-to-earn models that make intelligent trading more accessible to everyone. Its 1,000 BTC Protection Fund further strengthens asset safety and transparency, while features such as copy trading and advanced trading tools allow users to follow professional traders and experience a more efficient, intelligent trading journey.

Follow WEEX on social media

X: @WEEX_Official 

Instagram: @WEEX Exchange

 Tiktok: @weex_global 

Youtube: @WEEX_Official 

Discord: WEEX Community 

Telegram: WeexGlobalGroup

LALIGA Match Report: Araujo seals 1–0 win as Barça tighten grip on top spot

In the early hours of March 22 (Beijing Time), Barça edged Rayo Vallecano 1–0 at Camp Nou in a key Round 29 clash. The hard-earned win lifts Barça to 73 points, strengthening their hold on first place.

Barça controlled the game with 61% possession and a sharp 89% passing accuracy (460 passes). Rayo pushed back with intensity, earning 9 corners, but Barça's defense stayed solid. Yellow cards for Raphinha, Yamal, and Cubarsí highlighted the physical edge of the match. Second-half subs like Rashford and Olmo added fresh energy to help see out the result. Rayo remain 14th on 32 points.

WEEX Insights: As the Official LALIGA Partner in HK & TW, WEEX sees Barça’s 89% passing accuracy as a clear example of high execution with minimal error. Staying precise under pressure and finding the breakthrough reflects the same disciplined approach used in rational trading.

LALIGA interactive campaigns are coming soon—stay tuned with WEEX ⚽️

About WEEX

Founded in 2018, WEEX has developed into a global crypto exchange with over 6.2 million users across more than 150 countries. The platform emphasizes security, liquidity, and usability, providing over 1,200 spot trading pairs and offering up to 400x leverage in crypto futures trading. In addition to the traditional spot and derivatives markets, WEEX is expanding rapidly in the AI era — delivering real-time AI news, empowering users with AI trading tools, and exploring innovative trade-to-earn models that make intelligent trading more accessible to everyone. Its 1,000 BTC Protection Fund further strengthens asset safety and transparency, while features such as copy trading and advanced trading tools allow users to follow professional traders and experience a more efficient, intelligent trading journey.

Follow WEEX on social media

X: @WEEX_Official

 Instagram: @WEEX Exchange 

Tiktok: @weex_global 

Youtube: @WEEX_Official 

Discord: WEEX Community 

Telegram: WeexGlobalGroup

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