Garrett Jin Ethereum whale moves $1.35B to Binance

Ethereum whale Garrett Jin moved 577,896 ETH worth $1.35 billion to Binance over four days, per Lookonchain. Summary Garrett Jin transferred his entire 577,896 ETH position to Binance over four days, accumulating an estimated $1.3 billion in unrealized losses. Jin originally swapped Bitcoin for ETH eight months ago at around $4,591, well above the current…

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‘Neither Credible nor Attractive:’ Ebay Board Rejects Gamestop’s Unsolicited $56B Takeover Bid – Bitcoin News

Key Takeaways Gamestop CEO Ryan Cohen’s $56 billion unsolicited bid to acquire Ebay was formally rejected on May 12, 2026. Ebay shares remained stagnant while Gamestop stock fell 4% following concerns over the $20 billion debt plan. The Ebay board will focus on its 136 million users, while Gamestop may consider a future proxy fight…

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SoFi Technologies acquires most assets of PrimaryBid, ending UK fintech’s independence

SoFi Technologies is buying the majority of assets from British fintech PrimaryBid, a move that effectively ends PrimaryBid’s run as an independent company. The acquisition, announced on May 11, centers on PrimaryBid’s directed share program, the core technology platform that once made the UK startup a darling of pandemic-era capital markets. Financial terms were not…

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eBay rejects GameStop offer: ‘neither credible nor attractive’

eBay’s board of directors has formally rejected GameStop’s unsolicited bid to acquire the e-commerce company, bringing an unceremonious end to one of the stranger corporate stories of the year. In a press release issued Tuesday morning, eBay’s board called the proposal from GameStop CEO Ryan Cohen “neither credible nor attractive,” citing concerns about GameStop’s financing…

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