Block Inc Shares Up 8% Following Q1 Earnings Beat
TLDR Block Inc shares rose nearly 8% in after-hours trading after the company beat Q1 earnings estimates. The company reported earnings of $0.85 per share, exceeding the $0.68 consensus forecast. Block Inc posted a net loss of $309 million, marking its first quarterly loss since 2023. A 23.8% drop in Bitcoin prices led to a [...] The post Block Inc Shares Up 8% Following Q1 Earnings Beat appeared first on Blockonomi.
Solv Protocol Abandons LayerZero Following Kelp Hack
The Bitcoin project Solv Protocol has abandoned the cross-chain infrastructure LayerZero in favor of CCIP from Chainlink. After an extensive security review, we have decided to deprecate @LayerZero_Core bridges for SolvBTC and xSolvBTC, and migrate to @Chainlink CCIP as our official cross-chain infrastructure solution for $700M+ in tokenized BTC (SolvBTC & xSolvBTC).In light of recent industry… pic.twitter.com/t6y7v9rt8J— Solv Protocol (@SolvProtocol) May 7, 2026 The developers will gradually cease support for bridges for SolvBTC and xSolvBTC in the Corn, Berachain, Rootstock, and TAC networks. The Chainlink protocol will become the primary means of interacting with these assets. Solv explained the decision as a reassessment of risks following recent incidents in the DeFi sector. "Cross-chain bridges remain one of the most sensitive and risky areas of the industry. Unsafe platforms create systemic risk for the entire ecosystem," the statement said. The team noted that during the review, CCIP outperformed competitors in terms of security: its architecture is secure by default, and built-in risk controls and continuous monitoring are part of the basic configuration. Context Solv's decision followed the April hack of Kelp involving $292 million. The attack was linked to a LayerZero-based bridge. The perpetrator exploited a single verifier configuration and issued 116,500 unsecured rsETH. The subsequent use of these assets in DeFi protocols, including Aave, resulted in a large irrecoverable debt. After the exploit, parties disagreed on the causes. The Kelp team also announced a shift from LayerZero to CCIP. On May 7, Aave liquidated the hacker's remaining rsETH positions as part of an approved recovery plan.
Tracy McGrady: The Thunder’s playoff prowess poses major challenges, Bulls’ management is a disaster, and Sixers miss opportunities with Jared McCain | Pardon My Take
NBA playoff dynamics reveal how financial incentives and strategic decisions shape team performances and outcomes. The post Tracy McGrady: The Thunder’s playoff prowess poses major challenges, Bulls’ management is a disaster, and Sixers miss opportunities with Jared McCain | Pardon My Take appeared first on Crypto Briefing.
Tether blacklists 371 wallets after $515M USDT freeze in 30 days
Tether froze about $515M across Ethereum and Tron in 30 days, with Tron wallets accounting for most blacklisted USDT addresses.
Solv Protocol Migrates $700M+ Bitcoin Portfolio to Chainlink CCIP After Full Security Review
TLDR: Solv Protocol is migrating $700M+ in tokenized Bitcoin to Chainlink CCIP after a full security review. LayerZero bridging support for Corn, Berachain, Rootstock, and TAC is being fully deprecated by Solv. Chainlink CCIP holds White House recognition as critical infrastructure for the digital asset ecosystem. Solv’s CTO confirms CCIP delivers defense-in-depth security for all [...] The post Solv Protocol Migrates $700M+ Bitcoin Portfolio to Chainlink CCIP After Full Security Review appeared first on Blockonomi.
Germany weighs ending Bitcoin’s tax-free holding rule by 2027
Germany has prepared plans to tighten cryptocurrency taxation from 2027, putting the country’s long-standing tax-free holding benefit for Bitcoin and other digital assets under renewed scrutiny. Finance Minister Lars Klingbeil said during an April 29 presentation of Germany’s 2027 federal…
Coinbase Suffers Outage Due to AWS Disruption
While trading is being restored, all Coinbase markets have been placed in "Cancel Only" mode, allowing users to revoke existing trades.
Voters Want Crypto Legislation Now: 70% Say America Should Already Have Clear Rules– Poll
A new national poll suggests the CLARITY Act is gaining traction with voters across party lines. Conducted by HarrisX, the survey found that support for clearer, federal rules for crypto assets is strong enough to cut through partisan disagreement. 60% Want Imperfect But Clear Federal Crypto Law The HarrisX poll interviewed 2,008 registered voters, and […]
Bitcoin Drops 245,000 Holders in 5 Days While Long-Side Leverage Reaches a Two-Year High
TLDR: Bitcoin lost 245,000 wallets in five days, its fastest holder decline in nearly two years. A June–July 2024 exit of 964K wallets preceded a major bull run, offering a historical parallel. Exiting holders hand supply to long-term buyers, shrinking liquid coins and amplifying price moves. With 564 long clusters vs. 203 short, how Bitcoin [...] The post Bitcoin Drops 245,000 Holders in 5 Days While Long-Side Leverage Reaches a Two-Year High appeared first on Blockonomi.
Treasury Demands Binance Follow Compliance Pact: Report
TLDR The US Treasury Department reportedly sent a private letter urging Binance to comply with its 2023 monitoring agreement. The 2023 settlement required Binance to follow a three-year oversight program under federal supervision. Reports claimed that $1 billion moved through Binance to entities tied to Iran. A group of US senators asked Treasury Secretary Scott [...] The post Treasury Demands Binance Follow Compliance Pact: Report appeared first on Blockonomi.
Bitcoin (BTC) Slides Below $80K Amid U.S.-Iran Military Standoff
Bitcoin dropped to $79,600 Friday as U.S.-Iran tensions escalated. Binance faces Treasury pressure while stocks await April jobs report. The post Bitcoin (BTC) Slides Below $80K Amid U.S.-Iran Military Standoff appeared first on Blockonomi.
AWS Hardware Failure Forces Coinbase Into Cancel-Only Mode
TLDR Coinbase halted trading after a hardware failure disrupted its systems at an AWS data center. The exchange placed all markets into Cancel Only mode for several hours. Increased temperatures affected Availability Zone use1-az4 in the AWS US-EAST-1 region. Coinbase reported a loss of $1.49 per share in its first-quarter earnings. Revenue reached $1.41 billion, [...] The post AWS Hardware Failure Forces Coinbase Into Cancel-Only Mode appeared first on Blockonomi.
XRP (XRP) Price Analysis: Whale Selling Reaches Multi-Year Low Amid Growing ETF Demand
XRP rebounds 30% from February lows as whale selling hits 4-year low. Analysts project $12 target while ETF inflows reach $81.6M. Key levels analyzed. The post XRP (XRP) Price Analysis: Whale Selling Reaches Multi-Year Low Amid Growing ETF Demand appeared first on Blockonomi.
Chainlink Whales Add 32.93M LINK as Supply Squeeze and Buybacks Point to a Price Breakout
TLDR: Chainlink Wallets holding 100K–10M LINK added 32.93M coins in one month, marking a 7.7% increase in holdings. The LINK whale cohort hit an all-time high of 461,000 wallets, signaling growing conviction among large holders. Chainlink’s buyback program moved $2.31M worth of LINK to its reserve within one week of activity. LINK Spot ETF cumulative [...] The post Chainlink Whales Add 32.93M LINK as Supply Squeeze and Buybacks Point to a Price Breakout appeared first on Blockonomi.
Coinbase (COIN) Shares Plunge Over 5% Following Q1 Earnings Disappointment
Coinbase (COIN) shares dropped over 5% after hours following a $394M Q1 loss and revenue miss, with transaction volumes down 40% year-over-year. The post Coinbase (COIN) Shares Plunge Over 5% Following Q1 Earnings Disappointment appeared first on Blockonomi.
Coinbase stock falls as Q1 loss hits nearly $400M
Coinbase shares fell after a $394M Q1 loss and revenue miss, as trading slowed and the exchange pushed beyond spot crypto into new markets.
AI Agents and Corporates Fuel Next Stablecoins Wave
TLDR Executives said large corporations plan to use stablecoins for cross-border payments and treasury operations. Lindsey Einhaus stated that companies want to simplify global account management through blockchain systems. Bridge, acquired by Stripe for $1.1 billion, provides infrastructure for enterprise stablecoin transactions. Payment-focused blockchains now support features such as refunds and private transfers. Executives said [...] The post AI Agents and Corporates Fuel Next Stablecoins Wave appeared first on Blockonomi.
Chaos Labs locks down systems after suspected nation-state attack
Chaos Labs has said its oracle infrastructure remained secure after what the company described as a possible nation-state cyberattack that triggered emergency security measures over the weekend. According to Chaos Labs founder and CEO Omer Goldberg, the company moved into…
Crypto Allies Gain Ground In Congress After Indiana Primary Win
A war chest of $193 million. That’s what Fairshake, the crypto industry’s most powerful political action committee, reported holding as of January — and it’s spending that money fast. Related Reading: Bitcoin Mining Could Transform Colombia’s Caribbean Region, President Says Money Behind The Win Indiana Republican James Baird cruised to victory Tuesday in his party’s […]
Ethereum (ETH) Slides Below $2,300 as Major Holders Offload 63K Coins
Ethereum (ETH) falls below $2,300 as whales deposit 63K coins to Binance. Open interest spikes while analysts cite weak spot demand pressuring prices. The post Ethereum (ETH) Slides Below $2,300 as Major Holders Offload 63K Coins appeared first on Blockonomi.
Coinbase Exchange Experiences “Degraded Performance” for Over Two Hours After AWS Outage
Coinbase’s exchange went dark for over two hours on Friday after an Amazon Web Services (AWS) outage disrupted trading access for thousands of users worldwide. Major Disruption Affects Withdrawals, Trades Coinbase, one of the world’s largest cryptocurrency exchanges by trading volume, experienced a significant service disruption Friday morning after an outage at Amazon Web Services […]
Coinbase Exchange Knocked Offline by AWS Cloud Service Disruption
Coinbase exchange went offline for over two hours on May 8, 2026 due to an Amazon AWS outage. Trading was halted but user funds remained secure. The post Coinbase Exchange Knocked Offline by AWS Cloud Service Disruption appeared first on Blockonomi.
Hyperliquid Strategies Posts $165M Loss as HYPE Grows
TLDR Hyperliquid Strategies reported a $165.4 million net loss for the nine months ended March 31. The company holds about 20 million HYPE tokens after recent treasury expansion. Hyperliquid deployed $216 million to acquire nearly 7.3 million HYPE tokens since December 2025. The firm recorded $64 million in unrealized losses tied to its HYPE holdings. [...] The post Hyperliquid Strategies Posts $165M Loss as HYPE Grows appeared first on Blockonomi.
Israel launches airstrikes over Iran, escalating regional tensions
The escalation risks destabilizing regional security, diminishing prospects for peace, and potentially drawing in global powers. The post Israel launches airstrikes over Iran, escalating regional tensions appeared first on Crypto Briefing.
U.S. scrutiny grows as Binance defends compliance work
U.S. Treasury reportedly pressed Binance over its 2023 monitoring deal after claims of Iran-linked flows, as Binance says it is cooperating.
Bitcoin (BTC) Slips Under $80K: Critical Support Zones After $82.8K Rejection
Bitcoin (BTC) slides below $80K after $82.8K rejection despite record ETF inflows. Analysts monitor $80,300 whale level and $85,200 resistance zone. The post Bitcoin (BTC) Slips Under $80K: Critical Support Zones After $82.8K Rejection appeared first on Blockonomi.
CLARITY Act Inches Toward Senate Vote Despite Democratic Resistance
The CLARITY Act advances to Senate markup on May 14 with 52% voter support, but needs bipartisan backing to clear the 60-vote threshold. The post CLARITY Act Inches Toward Senate Vote Despite Democratic Resistance appeared first on Blockonomi.
Felix Tshisekedi says he may seek third term if voters approve
Tshisekedi's potential third term bid could exacerbate DRC's political instability, affecting regional security and global resource markets. The post Felix Tshisekedi says he may seek third term if voters approve appeared first on Crypto Briefing.
Singapore Parliament passes motion affirming no jobless growth in AI era
Singapore's proactive AI workforce strategy may set a global precedent, balancing innovation with job security and influencing future policies. The post Singapore Parliament passes motion affirming no jobless growth in AI era appeared first on Crypto Briefing.
Israeli army warns six Lebanese villages amid operations against Hezbollah
The Israeli army's actions may prolong regional instability, complicating diplomatic resolutions and impacting future withdrawal timelines. The post Israeli army warns six Lebanese villages amid operations against Hezbollah appeared first on Crypto Briefing.
Chaos Labs says oracles secure after attempted ‘nation-state’ wallet attack
Chaos Labs said on Thursday it has rotated all keys since the attempted attack over the weekend and hasn't detected any suspicious activity since.
Chainlink Wins $700M Bitcoin Migration From Solv Protocol
TLDR Solv Protocol will migrate $700 million in tokenized bitcoin to Chainlink CCIP for cross-chain transfers. The platform will phase out LayerZero support for SolvBTC and xSolvBTC across multiple blockchain networks. Solv selected Chainlink after reviewing bridge security following recent industry exploits. The decision follows a $292 million exploit involving a LayerZero-powered bridge used by [...] The post Chainlink Wins $700M Bitcoin Migration From Solv Protocol appeared first on Blockonomi.
Aptos Commits $50M to Expand Ecosystem and AI Systems
TLDR Aptos Foundation and Aptos Labs committed over $50 million to expand the Aptos blockchain ecosystem. The funding will support products, protocol infrastructure, research, and a strategic fund for trading and AI partners. Aptos said the investment targets institutional-grade onchain markets and autonomous AI systems. Decibel, an onchain perpetuals exchange incubated by Aptos Labs, has [...] The post Aptos Commits $50M to Expand Ecosystem and AI Systems appeared first on Blockonomi.
Block Inc Shares Up 8% Following Q1 Earnings Beat
TLDR Block Inc shares rose nearly 8% in after-hours trading after the company beat Q1 earnings estimates. The company reported earnings of $0.85 per share, exceeding the $0.68 consensus forecast. Block Inc posted a net loss of $309 million, marking its first quarterly loss since 2023. A 23.8% drop in Bitcoin prices led to a [...] The post Block Inc Shares Up 8% Following Q1 Earnings Beat appeared first on Blockonomi.
AWS outage knocks Coinbase Exchange offline for two hours
Coinbase Exchange faced an AWS-linked outage for over two hours, leaving some users unable to trade while saying users’ funds remained safe.
Solv ditches LayerZero for Chainlink CCIP to secure $700+ million in wrapped Bitcoin assets
Solv's migration to Chainlink CCIP highlights a growing trend towards enhanced security and reliability in DeFi cross-chain operations. The post Solv ditches LayerZero for Chainlink CCIP to secure $700+ million in wrapped Bitcoin assets appeared first on Crypto Briefing.
Major Outage Halts Trading on Coinbase
Coinbase users were left stranded for hours after an Amazon Web Services (AWS) data center overheating issue triggered a massive technical outage.
Starmer faces leadership doubts after heavy losses in local elections
Starmer's leadership challenges could destabilize Labour's future electoral prospects, impacting party unity and strategic direction. The post Starmer faces leadership doubts after heavy losses in local elections appeared first on Crypto Briefing.
Solv ditches LayerZero for Chainlink to protect tokenized Bitcoin
Solv Protocol will move $700M+ in tokenized Bitcoin from LayerZero to Chainlink CCIP after bridge security reviews and Kelp DAO fallout now.
Binance SAFU Fund Grows As Bitcoin Rallies – What It Means for Users
While most of the market’s attention in February 2026 was focused on price levels and macro uncertainty, Binance made a move that said more about its institutional confidence than any market commentary could. At the February lows, the exchange purchased 15,000 Bitcoin at an average price of approximately $69,244 per coin — deploying roughly $1 […]
Flutter Restructures US Operations as FanDuel CEO Howe Departs With $4.37M Severance
Flutter Entertainment announced a leadership transition at FanDuel, with Chief Executive Amy Howe departing after five years and Christian Genetski stepping into the CEO role. The departure was confirmed alongside Flutter’s Q1 2026 results. Genetski Takes Over While Flutter Names Group-Level President Per the press release, Howe will receive severance of $4,370,828 – equal to […]
1,500 ships trapped in Gulf amid US-Iran conflict, Hormuz traffic disrupted
The disruption in the Strait of Hormuz could exacerbate global energy supply issues, heightening geopolitical tensions and economic instability. The post 1,500 ships trapped in Gulf amid US-Iran conflict, Hormuz traffic disrupted appeared first on Crypto Briefing.
Jack Dorsey’s Block rises despite first quarterly loss in years
Block shares rose 8% after Q1 earnings beat estimates while Bitcoin revenue fell 26% and the firm posted a $309 million net loss in Q1 2026.
America’s Crypto Future Is Unstoppable, According To Eric Trump
Bitcoin could cross the $1 million mark. That was one of the boldest claims Eric Trump made Wednesday at Consensus Miami 2026, where the businessman and son of US President Donald Trump laid out his case for why the United States is pulling ahead in the global race for crypto leadership. Related Reading: Crypto Fraud […]
Kraken Parent Payward Buys Reap Technologies for $600M to Build Stablecoin Payment Rails
Payward Inc., the parent company of cryptocurrency exchange Kraken, announced on Thursday that it has agreed to acquire Hong Kong-based Reap Technologies Holdings for up to $600 million in a mix of cash and stock, in a deal that values Payward at $20 billion. Payward Locks in $600M Reap Acquisition as Stablecoin Card Market Tops […]
UAE counters Iranian air attack amid regional tensions
Escalating tensions may destabilize the region, hinder US-Iran diplomacy, and increase the likelihood of Iranian airspace restrictions. The post UAE counters Iranian air attack amid regional tensions appeared first on Crypto Briefing.
Ripple’s XRPL Linked to Interbank System in Major Pilot With JPMorgan, Mastercard, Ondo
The pilot linked XRPL to global banking infrastructure, enabling institutions to execute cross-border transactions in a single, integrated flow.
Epstein note analysis sparks market interest for May release
The potential release of Epstein's note could influence public perception and trust in institutional transparency and accountability. The post Epstein note analysis sparks market interest for May release appeared first on Crypto Briefing.
Block Inc rises 8% as Q1 gives ‘earnings surprise’ despite Bitcoin dip
Block’s Q1 earnings beat estimates despite Bitcoin revenue falling 26% on changing Bitcoin “trading dynamics” and reducing fees on Cash App transactions.
Coinbase shares slide on $400M Q1 loss, revenue miss
Coinbase financial chief Alesia Haas said “macro conditions were genuinely tough,” while CEO Brian Armstrong highlighted a plan to diversify beyond spot trading.
Oil prices jump as US, Iran trade fire in Strait of Hormuz
Escalating US-Iran tensions in the Strait of Hormuz threaten global oil supply stability, potentially driving long-term price volatility. The post Oil prices jump as US, Iran trade fire in Strait of Hormuz appeared first on Crypto Briefing.
Mastercard and Ripple Complete Historic Transaction, New Use Case for XRP?
Ondo Finance, Kinexys by J.P. Morgan, Mastercard, and Ripple have jointly completed the first near real-time cross-border, cross-bank redemption of tokenized US Treasuries — with the XRP Ledger serving as the settlement blockchain at the center of a transaction that connected public blockchain infrastructure directly to global banking rails for the first time. Related Reading: […]
Bermuda Pushes New USDC Airdrop as Premier Burt Targets Local Merchants
Bermuda is transitioning from blockchain experimentation to practical implementation with the announcement of a new USDC stablecoin airdrop and a merchant onboarding program. Strategic Expansion of USDC Airdrops Bermuda is expanding its push into digital currency by launching a new stablecoin distribution and a comprehensive merchant onboarding program, Premier David Burt announced on May 6. […]
US forces intercept Iranian attacks in Strait of Hormuz escalation
Heightened military engagement in the Strait of Hormuz could lead to increased global oil trade tensions and potential diplomatic challenges. The post US forces intercept Iranian attacks in Strait of Hormuz escalation appeared first on Crypto Briefing.
Kamala Harris criticizes Iran war amid US regime change push
Harris's critique highlights domestic political divides and potential geopolitical instability, impacting market perceptions of Iran's future. The post Kamala Harris criticizes Iran war amid US regime change push appeared first on Crypto Briefing.
Discover the Latest Number of Shareholders for Reboost Blockchain Corp (EURONEXT:MLCOT) – Key Insights for Crypto Investors
Why Track the in Reboost Blockchain Corp? In the exciting world of blockchain and crypto stocks, the is a key metric that smart investors watch closely. It shows how popular the stock is, how liquid it might be, and what […] The post Discover the Latest Number of Shareholders for Reboost Blockchain Corp (EURONEXT:MLCOT) – Key Insights for Crypto Investors appeared first on Blockmanity.
Bitcoin Must Hold $88.88K to Confirm a BTC Bottom, Analysis
An analysis shared by Cryptoquant indicates bitcoin must reclaim and hold $88,880 before traders can confirm a BTC bottom. UTXO age bands identified several realized price levels where trapped buyers could add resistance during recovery attempts. Bitcoin UTXO Age Bands Show What Could Confirm a BTC Bottom Cryptoquant, an on-chain and market data analytics firm, […]
20,000 seafarers stranded as US-Iran talks stall over Strait of Hormuz closure
The stalled US-Iran talks exacerbate regional instability, impacting global trade and highlighting the fragility of geopolitical negotiations. The post 20,000 seafarers stranded as US-Iran talks stall over Strait of Hormuz closure appeared first on Crypto Briefing.
US strikes Iranian targets amid ongoing Trump-led negotiations
The US strikes on Iranian targets could escalate military tensions, impacting global oil markets and complicating diplomatic negotiations. The post US strikes Iranian targets amid ongoing Trump-led negotiations appeared first on Crypto Briefing.
Iran fires on US forces after oil tanker incident amid escalating tensions
The incident may signal heightened military tensions, potentially impacting regional stability and influencing global oil markets. The post Iran fires on US forces after oil tanker incident amid escalating tensions appeared first on Crypto Briefing.
Tokenized China-Linked Equities And ETFs On BNB Chain Explode 2,850% In 2026
Recent data shows that tokenized China-linked equities and Exchange-Traded Funds (ETFs) on BNB Chain have exploded in 2026, with Ondo Global Markets’ China basket leading the charge. Related Reading: Morgan Stanley Debuts Crypto Trading On E*Trade With Lower Fees Than Rivals Tokenized China Basket Sees Explosive Growth on BNB Chain Ondo Global Markets’ basket of […]
US-Iran tensions rise as military exchange escalates in Strait of Hormuz
Escalating US-Iran tensions could destabilize regional security, disrupt global oil markets, and hinder diplomatic peace efforts significantly. The post US-Iran tensions rise as military exchange escalates in Strait of Hormuz appeared first on Crypto Briefing.
The Future Fusion: How AI, Blockchain, and Robotics Are Merging to Transform Global Economies
The Future Fusion: How Are Merging to Transform Global Economies In today’s fast-changing world, are coming together like never before. These technologies are not working alone anymore. They are blending to create a powerful new system. This mix could change […] The post The Future Fusion: How AI, Blockchain, and Robotics Are Merging to Transform Global Economies appeared first on Blockmanity.
Genius Sports Absorbs key iGaming Affiliates as Q2 Forecast Doubles EBITDA
Genius Sports reported first-quarter 2026 results after absorbing three of the largest iGaming and sports betting affiliate properties into its sports-data platform, with Casino.org, Casino Guru, and Covers.com now inside the company’s combined media and advertising operation following the May 1 close of the $1.2bn Legend acquisition. The London-based, NYSE-listed sports tech company beat consensus […]
Cardano Founder Calls For Simpler, Safer Crypto Across All Chains
Cardano founder Charles Hoskinson used a Wednesday keynote at Consensus 2026 in Miami to argue that crypto’s next phase will not be won by another isolated chain, token or wallet. The Cardano founder said the industry must make self-custody, identity, privacy and multi-chain access simple enough for mainstream users without handing control back to centralized […]
Trump confirms China visit for May 14-15 amid diplomatic tensions
Trump's China visit may ease trade tensions, impacting global markets and diplomatic relations amid ongoing geopolitical challenges. The post Trump confirms China visit for May 14-15 amid diplomatic tensions appeared first on Crypto Briefing.
Toncoin (TON) Price Rally Might End at $3, Ethereum (ETH) Becomes Falling Star, Bitcoin (BTC) First $82,000 Attempt in 380 Days: Crypto Market Review
The market is healing: Bitcoin is ready to test an important resistance for the first time in ages, while Ethereum and Toncoin bracing themselves for impact.
Bitcoin bulls target $115K by December: Does data back the expectation?
Bitcoin options show bulls targeting $115,000 by year-end but are traders becoming overly optimistic?
Wall Street’s Ethereum Expansion Gains Speed As Tokenized Treasuries Top $8 Billion
Six issuers are now behind the biggest milestone yet in Ethereum-based government debt. A Market Built By Many Hands BlackRock’s BUIDL fund, issued through Securitize, holds the largest share. But the race to $8 billion wasn’t a one-company story. Franklin Templeton’s iBENJI, WisdomTree’s WTGXX, Ondo Finance’s USDY, Centrifuge’s JTRSY, and Superstate’s USTB all contributed to […]
Tom Lee Predicts: Bitcoin Closing May Above $76,000 Ends Bear Market and Sparks New Bull Run
Tom Lee Predicts: Bitcoin Closing May Above Ends Bear Market and Sparks New Bull Run Bitcoin is on fire right now. After tough times, it’s showing real strength. Experts like Tom Lee, a top voice in crypto, say the bear […] The post Tom Lee Predicts: Bitcoin Closing May Above $76,000 Ends Bear Market and Sparks New Bull Run appeared first on Blockmanity.
California Man Gets 6½ Years as FBI Ties $250M Crypto Heists to Home Burglaries
A federal court has sentenced a California man to 78 months in prison for his role in a social engineering conspiracy that authorities say stole more than $250 million in cryptocurrency. The ‘Instrument of Last Resort’ A U.S. federal court has sentenced a California man to 6 1/2 years in prison for his role in […]
Coinbase Reports 8.6% Record Market Share and $200 Million Derivatives Revenue
Coinbase reported record crypto market share as derivatives, stablecoins, and on-chain products gained traction. The company posted $202 billion in quarterly trading volume and said retail derivatives annualized revenue topped $200 million. Coinbase Hits Record Market Share as Derivatives Revenue Tops $200 Million Coinbase Global Inc. (Nasdaq: COIN) reported on May 7 that its first-quarter […]
CLARITY Act markup could happen as early as next week: Coinbase exec
The provisions in the crypto market structure bill are still under review by the banking and crypto lobbies as a new poll shows bipartisan voter support for the legislation.
US Treasury ‘privately demanded’ Binance comply with monitoring deal: Report
US Treasury officials reportedly sent a letter to Binance pressing the crypto exchange on compliance with a 2023 deal, after reports circulated that the company had facilitated transactions linked to Iran.
Why Yat Siu rejects the metaverse
Animoca Brands chairman Yat Siu told Consensus Miami 2026 that the metaverse is over as a consumer destination, and that 100 billion AI agents will become blockchain’s primary users. Animoca Brands chairman Yat Siu told Consensus Miami 2026 on Thursday…
Crypto Founder Reveals What Keeps Driving Up The Bitcoin Price
Arthur Hayes has a theory about what controls the Bitcoin price. Speaking during Consensus Miami 2026, Hayes positions that Bitcoin’s value is mostly propped up by the expansion of the fiat money supply across the United States and the rest of the world. Bitcoin Price Still Comes Down To Liquidity Speaking at Consensus Miami 2026, […]
Kalshi denies prediction markets are gambling products
Prediction markets closed out Consensus Miami 2026 as the subject of a live debate on whether they are regulated financial derivatives or gambling products operating outside state law. Prediction markets closed out Consensus Miami 2026 on Thursday as the subject…
Kalshi Hits $22 Billion Valuation After Massive $1 Billion Series F Funding Round
The leading prediction market closed its Series F funding round, led by Coatue, to reach institutions, which are Kalshi’s next target audience. The move comes as the company reported an astounding rise in annualized volume, going from $52 billion to $178 billion over the last six months. Kalshi Closes Series F Funding Round, Reaches $22 […]
Crypto ETF Market Expands With 21Shares TCAN Debut
TLDR 21Shares launched the 21Shares Canton Network ETF on Nasdaq under the ticker TCAN. The ETF provides direct exposure to Canton Coin, the native token of the Canton Network. The Canton Network focuses on privacy-preserving blockchain infrastructure for institutional finance. Major firms, including Goldman Sachs, Microsoft, and DTCC, support Digital Asset, the network’s primary developer. [...] The post Crypto ETF Market Expands With 21Shares TCAN Debut appeared first on Blockonomi.
JaredfromSubway Targets Vitalik Buterin in $1M Sandwich Trade
TLDR Vitalik Buterin’s XDB token swap triggered a sandwich attack from the JaredfromSubway MEV bot on Ethereum. The bot executed more than $1 million in trades before and after Buterin’s transaction confirmed. Blockchain data showed the sandwich attack happened in Ethereum block 24993038 on April 30. JaredfromSubway used SushiSwap and Uniswap V2 pools to manipulate [...] The post JaredfromSubway Targets Vitalik Buterin in $1M Sandwich Trade appeared first on Blockonomi.
Crypto PACs spend $7.2M to support candidates in 5 US states ahead of elections
Two affiliates of the crypto-backed PAC Fairshake reported media buys for political candidates in Georgia, Alabama, Nebraska, Kentucky and Texas this week.
BitMine Plans to Slow ETH Buying Near 5% Supply Goal
TLDR BitMine may slow its Ethereum purchases as it approaches its 5% supply target. Chairman Tom Lee said the company could reach the 5% goal within six weeks at its current pace. BitMine held 5.18 million ETH as of May 3, equal to 4.29% of total supply. The company bought 101,745 ETH in the previous [...] The post BitMine Plans to Slow ETH Buying Near 5% Supply Goal appeared first on Blockonomi.
AWS Partners Coinbase, Stripe for USDC Agent Payments
TLDR Amazon Web Services launched Bedrock AgentCore Payments to support automated USDC transactions for AI agents. The company partnered with Coinbase and Stripe to provide wallet infrastructure and blockchain payment rails. Developers can choose between Coinbase and Stripe wallets and fund them with stablecoins or fiat. Coinbase enabled agentic micropayments through the open x402 protocol [...] The post AWS Partners Coinbase, Stripe for USDC Agent Payments appeared first on Blockonomi.
Coinbase Reports $394M Loss as Revenue Drops 31%
TLDR Coinbase reported a net loss of $394.1 million in the first quarter of 2026. The company recorded a $482 million loss on crypto assets held for investment. Total revenue fell 31% year over year to $1.41 billion. Transaction revenue declined 40% to $756 million during the quarter. Subscription and services revenue dropped 14% to [...] The post Coinbase Reports $394M Loss as Revenue Drops 31% appeared first on Blockonomi.
Mason Lynaugh unveils Stand With Crypto strategy
Mason Lynaugh, executive director of Stand With Crypto, took the Consensus Miami 2026 stage on Thursday to outline how the group’s 2.7 million advocates will engage in the November midterms. Mason Lynaugh, executive director of Stand With Crypto, outlined the…
XRP Holdings Disclosed by World's Leading Asset Manager
The Swiss banking giant has officially disclosed exposure to XRP in a newly surfaced SEC Form 13F filing.
Why This Crypto Trader Is Loading Up On Ethereum Now
Despite market sentiment still in fear territory as prices trend lower, a crypto trader has continued to accumulate Ethereum (ETH), signaling confidence in the cryptocurrency’s potential. The analyst has stated that the recent bearish signals and muted price action are not signs of weakness but hint at an underlying bull trend forming. He remains optimistic […]
Eric Trump’s Miner American Bitcoin Tops 7,300 BTC
TLDR American Bitcoin increased its Bitcoin holdings to more than 7,300 BTC valued at about $592 million. The company produced 817 Bitcoin in Q1 2026, marking its strongest quarterly output to date. American Bitcoin also purchased around 803 Bitcoin during the quarter to expand reserves. Total Bitcoin reserves grew by roughly 1,600 BTC in a [...] The post Eric Trump’s Miner American Bitcoin Tops 7,300 BTC appeared first on Blockonomi.
Coinbase reports $394M Q1 loss as stock declines 5% after hours amid trading slowdown
Coinbase shares fell about 5% after hours as Q1 revenue dropped to $1.4 billion and the exchange posted a $394 million loss. The post Coinbase reports $394M Q1 loss as stock declines 5% after hours amid trading slowdown appeared first on Crypto Briefing.
Nvidia Stock Advances 3% Ahead of Earnings Report
TLDR Nvidia stock rose about 3% to $213.53 in early trading after gaining 5.8% in the previous session. Goldman Sachs reaffirmed a Buy rating on Nvidia and maintained a $250 price target. The bank expects a beat-and-raise quarter based on current supply and demand trends. Major technology companies increased their 2026 capital expenditure forecasts to [...] The post Nvidia Stock Advances 3% Ahead of Earnings Report appeared first on Blockonomi.
Crypto firms pursue bank licenses at Consensus
Executives at federally regulated banks told a Consensus Miami 2026 panel that crypto companies are increasingly seeking bank licenses as the industry moves toward regulated financial infrastructure. Executives at federally regulated banks told the Consensus Miami 2026 Policy Summit on…
Solana (SOL) Reaches a 3-Week High: Is $100 Just a Matter of Time?
"SOL still looks like one of the strongest coins in the market," one analyst claimed.
California Man Gets 6½ Years as FBI Ties $250M Crypto Heists to Home Burglaries
A federal court has sentenced a California man to 78 months in prison for his role in a social engineering conspiracy that authorities say stole more than $250 million in cryptocurrency. The ‘Instrument of Last Resort’ A U.S. federal court has sentenced a California man to 6 1/2 years in prison for his role in […]
Coinbase and AWS launch USDC payment rails for AI agents
The integration allows AI agents built on Amazon Bedrock AgentCore to make USDC micropayments and access services autonomously using Coinbase’s x402 protocol.
Fund managers double down on Bitcoin as crypto sentiment rebounds — CoinShares
Institutional investors are gradually increasing crypto exposure as Bitcoin leads allocation preferences amid rising fund inflows and improving market sentiment.
Shopify Inc Stock Climbs 3.55% on Renewed Earnings Focus
TLDR Shopify Inc stock rose 3.55% on May 7 and outperformed the Software and IT Services sector, which gained 2.16%. The company exceeded analyst expectations for revenue and earnings per share in the first quarter of 2026. Gross Merchandise Volume remained above $100 billion for the second consecutive quarter. The stock initially declined after Shopify [...] The post Shopify Inc Stock Climbs 3.55% on Renewed Earnings Focus appeared first on Blockonomi.
BlackRock Flags Bitcoin as 60/40 Strategy Weakens
TLDR BlackRock said advisors should consider Bitcoin, gold, and liquid alternatives as portfolio diversifiers. The firm reported that stock and bond correlations have remained elevated since 2020. BlackRock found that Bitcoin had a 0.53 correlation with the S&P 500 from 2022 to early 2026. The report showed that gold recorded a 0.19 correlation with equities [...] The post BlackRock Flags Bitcoin as 60/40 Strategy Weakens appeared first on Blockonomi.
Germany Plans 2027 Crypto Tax Reform, Holding Rule in Focus
TLDR Germany plans to change its crypto tax framework from 2027 to raise €2 billion in revenue. Finance Minister Lars Klingbeil said the government wants to tax cryptocurrencies differently. Germany currently exempts private crypto gains from tax after a one-year holding period. The finance ministry confirmed that the one-year rule also applies to staking and [...] The post Germany Plans 2027 Crypto Tax Reform, Holding Rule in Focus appeared first on Blockonomi.
Clarity Act edges toward Senate markup as stablecoin fight narrows options for crypto yield
Stablecoin yield compromise puts CLARITY back in motion. The CLARITY Act, a sweeping U.S. digital asset market structure bill, is inching closer to its next procedural test in the Senate after negotiators released compromise language on stablecoin rewards that had…
Delmore maps crypto PAC spending at Consensus
Breadcrumbs analyst James Delmore presented a live breakdown of crypto PAC spending at the Consensus Miami 2026 Policy Summit on Thursday. James Delmore, a research analyst at Breadcrumbs who has tracked crypto industry political spending since the 2024 cycle, took…
Arjun Sethi: Kraken balances institutional needs with decentralization, Bitcoin conference reflects market maturity, and inflationary pressures pose risks to crypto | Galaxy Brains
Rising institutional interest at Bitcoin conferences marks a pivotal shift in the crypto market's maturity. The post Arjun Sethi: Kraken balances institutional needs with decentralization, Bitcoin conference reflects market maturity, and inflationary pressures pose risks to crypto | Galaxy Brains appeared first on Crypto Briefing.