Coinbase faces a significant security breach after a $20 million extortion attempt targeting customer support agents. While a hefty remediation bill looms, investor sentiment remains optimistic due to growing institutional interest in Bitcoin and the continued success of DeFi platforms like Aave. On May 9, Coinbase witnessed its highest daily Bitcoin withdrawals on record, exceeding $1 billion, further fueling concerns about potential supply shocks. Analysts speculate that these developments will influence market trends. Despite this, the DeFi space continues to demonstrate resilience, with Aave’s value locked surpassing $40 billion in recent weeks. The SEC faces a series of delays on Solana and XRP ETFs, potentially affecting liquidity for Bitcoin ETFs. The crypto landscape remains dynamic as developers push boundaries like Starknet’s decentralization milestone.