Arbitrum DAO moves closer to unlocking $71M tied to Kelp DAO hack
Arbitrum DAO’s proposal to release nearly $71 million in frozen Ether tied to the Kelp DAO exploit has secured overwhelming support ahead of its final on-chain governance vote. According to Snapshot voting data, more than 90.5% of participating voting power…
XRP Ledger Update Arrives With Default-Enabled Amendment
XRP Ledger pushes key update with automatic fix activation.
BTC falls under $80K as Bitcoin ETFs record first May outflows
Bitcoin ETFs posted $277.5M in outflows after five inflow days as BTC dipped below $80K, while MSBT still attracted new capital.
Ripple IPO Could Bring ‘Something Special’ For XRP Holders, CEO Suggests
Ripple CEO Brad Garlinghouse suggested that XRP holders could potentially receive “something special” if Ripple eventually goes public, while stressing that any such move is not an immediate priority for the company. Speaking with Eleanor Terrett on the Crypto In America podcast at XRP Las Vegas, Garlinghouse addressed one of the more sensitive questions inside […]
Bitcoin Price Falls Below Its Most Important Support, What Does it Mean?
Here's why this analyst believes BTC could be on the verge of a more profound decline.
MercadoLibre (MELI) Stock Plunges 7% Despite Strong Revenue Performance in Q1
MercadoLibre (MELI) stock dropped 7% as Q1 earnings of $8.23 missed estimates, even as revenue surged 49% YoY to $8.85B with strong Brazil growth. The post MercadoLibre (MELI) Stock Plunges 7% Despite Strong Revenue Performance in Q1 appeared first on Blockonomi.
Arbitrum DAO Greenlights $71M ETH Transfer for Kelp DAO Recovery Effort
Arbitrum DAO votes to release $71M ETH for Kelp DAO recovery after $292M exploit, but U.S. court order linked to Lazarus Group claims may halt the transfer. The post Arbitrum DAO Greenlights $71M ETH Transfer for Kelp DAO Recovery Effort appeared first on Blockonomi.
Decoding the Pi Network Debate: Psychology of Early Crypto Adopters in Web3
Decoding the Debate: Psychology of Early Crypto Adopters in Web3 In the wild world of crypto, stories spread like wildfire. A simple social media post has lit up debates about how people react to new projects. It uses as an […] The post Decoding the Pi Network Debate: Psychology of Early Crypto Adopters in Web3 appeared first on Blockmanity.
Innodata (INOD) Stock Surges as Q1 Earnings Soar 83% Above Expectations
Innodata (INOD) stock rises after crushing Q1 2026 earnings by 83%, posting $90.1M revenue (up 54% YoY), and raising full-year guidance to 40%+ growth. The post Innodata (INOD) Stock Surges as Q1 Earnings Soar 83% Above Expectations appeared first on Blockonomi.
Applied Optoelectronics (AAOI) Stock: Q1 Revenue Misses But Full-Year Outlook Soars Past $1.1B
Applied Optoelectronics (AAOI) Q1 2026 earnings: $151.1M revenue missed estimates, but raised full-year outlook above $1.1B on strong AI data center demand. The post Applied Optoelectronics (AAOI) Stock: Q1 Revenue Misses But Full-Year Outlook Soars Past $1.1B appeared first on Blockonomi.
ECB chief Christine Lagarde raises fresh concerns over euro stablecoins
European Central Bank President Christine Lagarde has intensified her opposition to euro-denominated stablecoins, warning that the risks to financial stability and monetary control outweigh any benefit to the euro’s international role. Speaking Friday at the Banco de Espana LatAm Economic…
Hyperliquid Outperformed Bitcoin By 71% In The Worst Crypto Quarter Since 2018 — Report Reveals Why
Decentralized exchange Hyperliquid delivered $215 million in gross revenue during Q1 2026 — crypto’s worst quarter since the 2018 ICO crash — outperformed Bitcoin by 71.5 percentage points, and on one February night, became the de facto global price discovery venue for crude oil while every legacy commodity exchange was closed. Related Reading: Coinbase Posts […]
Whale Potentially Linked to Erik Voorhees Spends Another $6.67M on ETH
A mysterious crypto whale with alleged ties to industry veteran Erik Voorhees has added another $6.67 million in ether to a position that has already accumulated more than $266 million worth of the token. Key Takeaways: A whale wallet linked to Erik Voorhees bought 2,920 ETH for $6.67M on May 8, 2026, per Lookonchain. The […]
South Korea tightens rules on overseas crypto transfers
South Korea will require firms moving crypto overseas to register, as Travel Rule checks and a 22% crypto tax add pressure.
Iran captures tanker in Gulf of Oman amid US maritime tensions
Increased US-Iran tensions may disrupt Strait of Hormuz shipping, impacting global oil markets and prompting diplomatic or military responses. The post Iran captures tanker in Gulf of Oman amid US maritime tensions appeared first on Crypto Briefing.
U.S Government Makes Another Coinbase Deposit: What Are the Implications?
The U.S. Government is in the process of liquidating funds that they believe originated from illicit activities.
Marvell Technology (MRVL) Stock Plunges 7% — Is Now the Time to Buy?
Marvell (MRVL) stock dropped 7% intraday amid valuation fears. Insiders sold $26M while analyst price targets suggest 24% downside from recent highs. The post Marvell Technology (MRVL) Stock Plunges 7% — Is Now the Time to Buy? appeared first on Blockonomi.
Taiwan indicts TV anchor over alleged USDT-funded Chinese influence scheme
Taiwanese prosecutors have indicted a television news anchor on allegations of receiving cryptocurrency payments from a Chinese operative to produce politically influenced content and obtain classified military information from serving and former officers. According to the Taiwan Ciaotou District Prosecutors’…
BNB price invalidates bearish pattern, can bulls push toward new highs?
BNB price has broken above a multi-month descending triangle pattern, signaling that bearish momentum may be fading as buyers attempt to regain control of the trend. According to data from crypto.news, BNB (BNB) price was trading around $638 at press…
KelpDAO Hack Fallout Pushes Another DeFi Protocol Toward Chainlink CCIP Migration
Chainlink CCIP just secured another major DeFi migration.
Crypto Giant Coinbase In The Red: Q1 Losses Mount As COIN Slides 5%
On Thursday, crypto exchange Coinbase (COIN) disclosed its first-quarter (Q1) results, which had impact on its stock valuation. COIN shares ended the session down around 5% at $192 per share following the company’s earnings report. This marked the second consecutive quarterly loss for the exchange, although the quarter itself was characterized by extreme conditions, including […]
Arbitrum DAO Approves $70 Million Transfer to DeFi United Fund
The community of the L2 network Arbitrum has endorsed the transfer of 30,765 ETH, valued at $70 million, to the DeFi United fund. Source: snapshot.org. In April, the project froze these funds at the address of a hacker who breached the Kelp protocol, transferring them to an "intermediate frozen wallet." In early May, Arbitrum DAO initiated a vote to transfer the funds to cover the attack's damages. The proposal was supported by 90.96% of participants, with about 9% abstaining. Upon approval, Arbitrum will become the largest donor to DeFi United. However, the final fate of the 30,765 ETH will be decided by the court. Source: defiunited.world. Legal Uncertainty On May 1, a US court prohibited Arbitrum from unfreezing the funds stolen by hackers. The assets are claimed by victims of North Korean terrorists, who seek the coins as compensation for incidents dating back to 2015. Lawyer Gabriel Shapiro previously noted that the project's DAO cannot dispose of the ETH without a separate court hearing. if you want some more info on the Arbitrum legal action, here's the actual court order (yes, there is a real court order, not just 'a letter from a lawyer') and a Claude summaryTLDR, the plaintiffs' lawyers did indeed effectuate a facially *legally binding* freeze on the…— _gabrielShapir0 (@lex_node) May 2, 2026 The Aave team has already filed an emergency motion to lift the asset freeze, calling the court's logic legally flawed. According to platform representatives, even if the attack's link to the Lazarus Group is confirmed, temporary possession of the stolen coins does not make them the property of the perpetrator. Earlier, lawyers for the victims of North Korea reclassified the Kelp breach as credit fraud.
Rocket Lab (RKLB) Stock Soars 7.5% on Blowout Q1 Results and Defense Wins
Rocket Lab (RKLB) stock surged 7.5% after reporting record Q1 revenue of $200M, beating estimates, with Q2 guidance topping forecasts at $225M-$240M. The post Rocket Lab (RKLB) Stock Soars 7.5% on Blowout Q1 Results and Defense Wins appeared first on Blockonomi.
DraftKings (DKNG) Stock Falls on Earnings Miss Despite Strong Q1 Revenue Growth
DraftKings (DKNG) stock falls 1.4% premarket despite Q1 revenue beat of $1.65B. Earnings of 20 cents miss 22-cent estimate as company invests in predictions. The post DraftKings (DKNG) Stock Falls on Earnings Miss Despite Strong Q1 Revenue Growth appeared first on Blockonomi.
Ethereum’s most notorious sandwich bot targets Vitalik Buterin’s swap
Vitalik Buterin’s $4 swap was sandwiched by JaredfromSubway, renewing debate over Ethereum MEV, front-running, and encrypted mempools.
Iran war boosts profits for energy, banks, defense firms: BBC
The conflict's economic impact highlights the complex interplay between geopolitical tensions and global market stability, affecting peace prospects. The post Iran war boosts profits for energy, banks, defense firms: BBC appeared first on Crypto Briefing.
Gilead Sciences (GILD) Stock Drops Despite Q1 Beat on Massive Acquisition Charges
Gilead Sciences (GILD) stock dropped ~2% after cutting full-year EPS guidance despite beating Q1 estimates, driven by $11.5B in acquisition charges. The post Gilead Sciences (GILD) Stock Drops Despite Q1 Beat on Massive Acquisition Charges appeared first on Blockonomi.
Trade Desk (TTD) Stock Plummets 15% Following Disappointing Q1 Earnings and Guidance
Trade Desk (TTD) stock plunged 15% after missing Q1 EPS estimates and issuing weak Q2 guidance, prompting three analyst downgrades in one session. The post Trade Desk (TTD) Stock Plummets 15% Following Disappointing Q1 Earnings and Guidance appeared first on Blockonomi.
HarrisX poll finds CLARITY Act could influence voter decisions
U.S. voters have increasingly tied support for crypto regulation to electoral choices as a new HarrisX survey showed bipartisan backing for the CLARITY Act ahead of a possible Senate Banking Committee markup next week. According to HarrisX, 52% of 2,008…
ECB President Christine Lagarde Slams US Stablecoin Strategy, Vows 'Fortress Europe' for Euro
Lagarde delivers a final verdict on stablecoins as the ECB vows a Fortress Europe to replace private US tokens with the Appia system by 2028.
Crude Oil Prices Climb Following Military Confrontation in Strait of Hormuz
Oil prices increased Friday after U.S. and Iranian forces clashed near the Strait of Hormuz. Brent crude remains above $100 despite weekly losses. The post Crude Oil Prices Climb Following Military Confrontation in Strait of Hormuz appeared first on Blockonomi.
Affirm (AFRM) Stock Dips Despite Strong Q3 Results and Raised Guidance
Affirm (AFRM) delivered a stellar Q3 earnings beat with 33% revenue growth and raised guidance, yet shares remain down 9.5% YTD while S&P 500 gains 7.6%. The post Affirm (AFRM) Stock Dips Despite Strong Q3 Results and Raised Guidance appeared first on Blockonomi.
Airbnb (ABNB) Stock Dips Despite Strong Q1 Revenue Performance and Upgraded Outlook
Airbnb (ABNB) stock dropped 1% premarket after Q1 earnings of $0.26 missed estimates, though revenue beat forecasts at $2.68B and 2026 guidance was lifted. The post Airbnb (ABNB) Stock Dips Despite Strong Q1 Revenue Performance and Upgraded Outlook appeared first on Blockonomi.
XRP POWER launches new AI-powered cloud mining contract that guarantees stable daily earnings of up to $5,000
XRP POWER launches AI-driven cloud mining model to enhance transparency and digital earnings access. In the new era of rapid development of AI technology, digital finance and intelligent computing power are accelerating their integration, propelling the global cloud mining industry…
Larry Fink Warns of Structural Compute Scarcity as AI Demand Outpaces Global Supply
TLDR: Larry Fink predicts compute futures will emerge as a new tradable asset class similar to oil and grain. Data centers are set to consume 70% of all memory chips produced globally across 2026. DRAM supply grows at just 16% annually while AI infrastructure demand surges at over 80% per year. HBM memory from Samsung, [...] The post Larry Fink Warns of Structural Compute Scarcity as AI Demand Outpaces Global Supply appeared first on Blockonomi.
CoreWeave (CRWV) Stock Slides 5% Despite Strong Q1 Results on Weak Q2 Outlook
CoreWeave (CRWV) stock fell 5% despite record Q1 revenue of $2.08B. Q2 guidance of $2.45B-$2.60B missed the $2.69B estimate, pressuring shares. The post CoreWeave (CRWV) Stock Slides 5% Despite Strong Q1 Results on Weak Q2 Outlook appeared first on Blockonomi.
Tether Freezes $515 Million in USDT Across 371 Addresses in 30 Days
Tether has blacklisted 371 addresses and frozen approximately $515 million worth of USDT across the Ethereum and Tron networks over the past 30 days, new data shows. Escalating Compliance Measures According to data from Blocksec’s USDT Freeze Tracker, Tether blacklisted 371 addresses on Ethereum and Tron combined. Of those, 329 freeze actions were executed on […]
21Shares TCAN ETF brings Canton Network exposure to U.S. investors
21Shares launched TCAN, the first U.S. ETF tied to Canton Coin, as institutional blockchain access expands through regulated products today.
Iran attacks US destroyers in Strait of Hormuz escalation
The escalation may destabilize regional security, heighten military tensions, and reduce prospects for diplomatic resolutions in the Middle East. The post Iran attacks US destroyers in Strait of Hormuz escalation appeared first on Crypto Briefing.
Mariana Mazzucato: Governments must embrace failure for innovation, the UK’s COVID-19 spending revealed inefficiencies, and a mission-oriented industrial strategy is essential | Odd Lots
Government reliance on consultants exposes critical weaknesses in state capacity and economic strategy. The post Mariana Mazzucato: Governments must embrace failure for innovation, the UK’s COVID-19 spending revealed inefficiencies, and a mission-oriented industrial strategy is essential | Odd Lots appeared first on Crypto Briefing.
Whirlpool (WHR) Stock Plunges 12% Following Dividend Halt and Quarterly Loss
Whirlpool (WHR) stock tumbled 12% after suspending dividends and reporting a Q1 loss. Full-year guidance slashed to $3.00–$3.50 per share. The post Whirlpool (WHR) Stock Plunges 12% Following Dividend Halt and Quarterly Loss appeared first on Blockonomi.
BitMine to Reduce Ethereum Demand
BitMine is nearing its Ethereum accumulation goal and plans to decelerate its purchasing pace. This was announced by Chairman Tom Lee at the Consensus 2026 conference in Miami, reports CoinDesk. The firm holds over 5.1 million ETH valued at $11.9 billion. Initially, BitMine aimed to accumulate 5% of the total asset supply over five years. A year into the strategy, the company controls 4.29% of the issuance. At the current rate of 100,000 ETH per week, the target will be reached in about a month and a half, prompting management to discuss slowing down purchases. BitMine is one of the few major companies that continued buying cryptocurrency during the market correction. In contrast, Strategy resorted to selling bitcoins to pay dividends. Lee emphasized that BitMine remains profitable through staking and cash generation. Approximately 85% of the company's assets are locked in protocols, yielding over $300 million annually or about $111 million daily. This allows the firm to avoid selling coins during periods of high volatility. The freed-up capital will be directed towards a $444 billion share buyback and the development of the institutional platform MAVAN. The service already manages $14 billion in assets in ETH, Solana, and Canton. BitMine is also investing in projects at the intersection of AI and consumer platforms, including Eightco Holdings and Beast Industries. Lee believes Ethereum will benefit from the tokenization of financial assets and the advancement of artificial intelligence systems. Ethereum at $60,000 Two days earlier, speaking at Paris Blockchain Week, Lee declared the end of the bear trend. In his view, the current downturn was a "mini-crypto winter," and the stock market has already bottomed out. Lee described Ethereum as the most profitable asset since the onset of the Middle Eastern crisis: the cryptocurrency outperformed the energy sector and the S&P; 500 index by nearly 20%. The analyst forecasted the altcoin's price to rise to $12,000 in the near term and to $60,000 by 2028. His optimism is based on two factors: widespread asset tokenization and the development of AI systems. According to BitMine's chairman, blockchains will become the settlement base for AI agents, as neural networks find it more convenient to use cryptocurrencies for micropayments instead of traditional banking systems. On May 1, Ethereum Foundation completed its third over-the-counter ether sale to BitMine. The firm acquired 10,000 ETH at an average price of $2,292.
RBC Capital Markets Elevates S&P 500 Forecast to 7,900 Amid AI-Driven Growth
RBC Capital Markets raises S&P 500 target to 7,900, citing AI-driven earnings growth in a divided economy while cutting healthcare sector rating. The post RBC Capital Markets Elevates S&P 500 Forecast to 7,900 Amid AI-Driven Growth appeared first on Blockonomi.
BNY Partners with Key Companies to Expand Crypto Custody in the UAE
BNY, the world’s largest custodian bank overseeing $59.4 trillion in assets, has announced a strategic collaboration with Finstreet Limited and ADI Foundation to build regulated, institutional-grade digital asset custody infrastructure anchored in the Abu Dhabi Global Market (ADGM) — marking the first time a US global systemically important bank has brought crypto custody to the […]
Gold Surges Past $4,700 Mark Amid Central Bank Buying Spree and Geopolitical Concerns
Gold surges past $4,700 with central bank buying and Middle East tensions driving gains. Traders monitor U.S. jobs data for Federal Reserve rate signals. The post Gold Surges Past $4,700 Mark Amid Central Bank Buying Spree and Geopolitical Concerns appeared first on Blockonomi.
Web3 jobs enter AI agent manager era as hiring shifts
CryptoJobsList says AI skills now appear in 53.1% of Web3 job posts, with AI-ready workers earning a $20K salary premium.
Why is the crypto market going down today? (May 8)
The crypto market turned sharply lower on Friday, with total market capitalization falling nearly 3.8% to around $2.61 trillion as renewed military tensions between the United States and Iran triggered a broad risk-off move across global markets. Bitcoin (BTC) dropped…
Tom Lee: Ethereum Is the Best-Performing Asset Since the Middle East Crisis Began
TLDR: Ethereum has outperformed all global assets since the Middle East crisis, beating the S&P 500 by nearly 20 percentage points. Tom Lee projects Ethereum could reach $60,000, driven by tokenization and agentic AI demand on the blockchain network. BitMine has acquired 4% of Ethereum’s total supply and is actively targeting a 5% stake through [...] The post Tom Lee: Ethereum Is the Best-Performing Asset Since the Middle East Crisis Began appeared first on Blockonomi.
Toncoin (TON) Is Most Oversold Asset: How Price Will Be Affected
Toncoin is nearing extremely dangerous point where any reversal might end a potential price rally.
Coinbase and Stripe to Facilitate Amazon’s AI Agent Payment Launch
AWS has unveiled Amazon Bedrock AgentCore Payments, a toolkit for autonomous payments by AI agents. Agents that reason, plan, and act can now transact.AgentCore payments in Amazon Bedrock AgentCore is now in preview. AI agents can instantly access and pay for APIs, MCP servers, web content, and other agents during execution—no bespoke billing integrations required.Built… pic.twitter.com/jtMj5fPyvD— Amazon Web Services (@awscloud) May 7, 2026 This new product is designed for digital assistants created in Amazon Bedrock AgentCore, enabling them to independently pay for access to web content, API, MCP servers, and other agents. Developers can connect a Coinbase or Stripe wallet and fund it with stablecoins or fiat currency. Initially, payments will be processed in USDC. How It Works Coinbase explained that applications for agent transactions can be created based on the x402 protocol. It allows AI agents to conduct microtransactions in Circle's "stablecoin." Every agent deserves a wallet.So we’re helping every dev on Amazon Bedrock AgentCore give their agents one.Autonomous spending, budget controls, built-in compliance, and USDC settlement on @base.This is the future, powered by x402. https://t.co/oyaHu7gEG1— Coinbase 🛡️ (@coinbase) May 7, 2026 Such payments are necessary for autonomous scenarios like purchasing data or calling paid APIs, with amounts calculated in fractions of a cent. Traditional cards and bank transfers are less cost-effective and slower. AWS described AgentCore Payments as "the first managed payment tool specifically designed for AI agents." Essentially, the company has developed a payment layer for the agent economy, where AI-based systems independently seek services, negotiate, and pay for the necessary infrastructure. The Role of Stripe Stripe will provide part of the payment and wallet infrastructure. Privy, acquired by the company in 2025, is also involved in the project, developing a system for connecting agents to payments. 1/ Today, we're proud to announce that @awscloud Bedrock AgentCore payments is integrating Privy wallet infrastructure.This helps developers develop agentic payment solutions that can reason, act, and now transact—with payments built directly into how they operate. pic.twitter.com/pvDweWE3Wg— Privy (@privy_io) May 7, 2026 The CEO of the payment firm, Henri Stern, emphasized that the company is building "economic infrastructure for artificial intelligence." "For agents to become significant economic participants, they need a way to store and spend money," he noted. Earlier in May, Solana Foundation, in collaboration with Google Cloud, launched a payment system for AI assistants—Pay.sh.
TSMC (TSM) Stock Surges as April Revenue Climbs 17% Fueled by AI Chip Boom
TSMC (TSM) reports April revenue surge of 17.5% to $13.08B. Strong AI chip demand drives Q2 guidance to $40.2B. Stock up 35% YTD. Analysis inside. The post TSMC (TSM) Stock Surges as April Revenue Climbs 17% Fueled by AI Chip Boom appeared first on Blockonomi.
Crypto VC Titans Secure Over $6 Billion in Bear Market Fundraises
Crypto VC Titans Secure Over $6 Billion in Bear Market Fundraises In the middle of a tough crypto bear market, top venture capital firms are making big moves. They have raised more than in just three months. This shows strong […] The post Crypto VC Titans Secure Over $6 Billion in Bear Market Fundraises appeared first on Blockmanity.
Shopify (SHOP) Stock: ARK Invest Buys $32M Following Q1 Earnings Beat
Shopify (SHOP) posted Q1 revenue of $3.17B, up 34.3% YoY, yet shares dipped. Cathie Wood's ARK bought $32.6M worth. Analysts see 41% upside potential. The post Shopify (SHOP) Stock: ARK Invest Buys $32M Following Q1 Earnings Beat appeared first on Blockonomi.
Polygon reduces block time amid stablecoin push
Polygon has reduced its average block time to 1.75 seconds as the network expands infrastructure built around stablecoin payments and institutional settlement tools. Polygonscan data showed the latest Polygon blocks were being produced in 1.75 seconds after the network implemented…
Robinhood CEO Says US ‘Very Close’ to Passing Crypto Clarity Act
Robinhood’s Vlad Tenev revealed the U.S. is on the verge of passing the Crypto Clarity Act, legislation that would establish a formal regulatory framework for digital assets in America for the first time. Landmark Legislation for Digital Finance The co-founder and chief executive of Robinhood said Friday that the U.S. is finalizing the passage of […]
Nvidia (NVDA) Stock: Goldman Sachs Ups Forecasts 12% Before May 20 Earnings Report
Goldman Sachs upgrades Nvidia (NVDA) estimates by 12% ahead of May 20 earnings, maintaining $250 price target despite high bar for outperformance. The post Nvidia (NVDA) Stock: Goldman Sachs Ups Forecasts 12% Before May 20 Earnings Report appeared first on Blockonomi.
Rackspace (RXT) Stock Soars 80% Following AMD Partnership for AI Cloud Infrastructure
Rackspace (RXT) stock jumped 80%+ after announcing an AI cloud partnership with AMD. The deal targets regulated enterprises with managed infrastructure. The post Rackspace (RXT) Stock Soars 80% Following AMD Partnership for AI Cloud Infrastructure appeared first on Blockonomi.
Coinbase perps shake-up hits KAITO, CAKE, VET and more
Coinbase will suspend 12 perpetual futures on May 21, settling open positions as it reviews liquidity and market-quality standards in crypto
Operation Epic Fury targets Iran, Khamenei assassination raises leadership change odds
The assassination may destabilize Iran's political landscape, increasing uncertainty and impacting regional security and global markets. The post Operation Epic Fury targets Iran, Khamenei assassination raises leadership change odds appeared first on Crypto Briefing.
Block (XYZ) Shares Surge 8% Following Impressive Q1 Earnings Performance
Block (XYZ) stock jumped 7.9% after reporting Q1 earnings of $0.85 per share, crushing estimates by 25%. The company raised its full-year 2026 guidance. The post Block (XYZ) Shares Surge 8% Following Impressive Q1 Earnings Performance appeared first on Blockonomi.
Nebius (NBIS) Stock: 5 Key Metrics to Monitor Ahead of Wednesday’s Q1 Report
Nebius (NBIS) reports Q1 earnings May 13. Analysts expect 600% revenue growth, $46B contract backlog, and fresh AI acquisitions. What investors should watch. The post Nebius (NBIS) Stock: 5 Key Metrics to Monitor Ahead of Wednesday’s Q1 Report appeared first on Blockonomi.
IREN (IREN) Stock Rockets 27% Following Major Nvidia Deal and Spain Acquisition
IREN (IREN) stock soared 27% after revealing a Nvidia partnership for AI infrastructure and acquiring Spain-based Ingenostrum data center developer. The post IREN (IREN) Stock Rockets 27% Following Major Nvidia Deal and Spain Acquisition appeared first on Blockonomi.
Payward buys Reap for $600M to expand stablecoin payment services in Homg Kong
Kraken parent Payward has agreed to acquire Hong Kong-based Reap Technologies for up to $600 million, adding card issuance and cross-border stablecoin payment infrastructure to its expanding business services platform. Payward announced Thursday that the transaction will be paid through…
Another Pi Network Sell-the-News Moment as PI Plunges Hard Again?
PI is among the poorest performers today.
Trump demands charges against Jeffries for ‘maximum warfare’ rhetoric
Increased partisan tensions may shape public perception and influence market expectations ahead of the 2026 midterm elections. The post Trump demands charges against Jeffries for ‘maximum warfare’ rhetoric appeared first on Crypto Briefing.
US sentences ‘laptop farmers’ who assisted North Korean IT workers
The US Justice Department said it recently secured two sentences against men hosting laptops for North Korean workers, marking a total of eight sentences in five months.
Zcash gains 70% in a week amid growing interest in crypto privacy
Swyftx’s Pav Hundal says Zcash is surging amid concerns about artificial intelligence, quantum computing and financial surveillance.
CLARITY Act support carries electoral boost, HarrisX poll finds
The poll found 52% of registered voters support the CLARITY Act, with 47% willing to cross party lines for a candidate who backs the bill.
X Adds Live XRP Charts to Posts
Social media platform X has rolled out a major update for its financial and crypto communities, allowing users to embed live price charts and market data directly into their timelines using the "Cashtag" feature.
Crypto firms warned as DPRK laptop farm cases grow
U.S. courts sentenced two laptop farm operators who helped North Korean IT workers access firms, as crypto insider-risk warnings rise today.
Aptos Foundation Commits $50 Million to Build the Full Stack for Markets and Machines
TLDR: Aptos Foundation and Aptos Labs have committed over $50M to fund trading and AI infrastructure development. Stablecoin market cap on Aptos reached an all-time high of $1.93B, while RWAs climbed to $1.2B on-network. Decibel crossed $1B in cumulative onchain trading volume, with every trade permanently burning APT tokens. Upcoming upgrades include an encrypted mempool, [...] The post Aptos Foundation Commits $50 Million to Build the Full Stack for Markets and Machines appeared first on Blockonomi.
Bitcoin (BTC) Three-Month Rally Marks End of Bear Market, Tom Lee Declares
Tom Lee says Bitcoin's three consecutive monthly gains signal the end of the bear market, with BTC trading near $80K and AI, tokenization fueling growth. The post Bitcoin (BTC) Three-Month Rally Marks End of Bear Market, Tom Lee Declares appeared first on Blockonomi.
Sei Labs Sets June 15 Deadline for Exchange EVM Migration
TLDR: Sei Labs requires all exchanges to complete SEI EVM migration by June 15, 2026, or face fund loss. Every native sei1… address already has a paired EVM 0x… address on the same Sei blockchain. Four migration paths exist, ranging from automated smart contracts to fully manual fund transfers. After deprecation, Cosmos RPC endpoints and [...] The post Sei Labs Sets June 15 Deadline for Exchange EVM Migration appeared first on Blockonomi.
Coinbase Posts $394 Million Loss In Q1 2026 — And The Worst May Not Be Over
Coinbase reported a net loss of $394 million for the first quarter of 2026, swinging from a $65.6 million profit in the same period last year and missing Wall Street expectations on both revenue and earnings per share — as a sharp pullback in crypto prices and trading volumes hit the exchange’s core business harder […]
DMG Blockchain Mines 21 BTC in April 2026: Strategic Shift to AI/HPC via New DMG Infrastructure Subsidiary
DMG Blockchain’s Latest Mining Update: Steady Output Amid Big Changes In the fast-moving world of Bitcoin mining, DMG Blockchain Solutions has shared its April 2026 results. The company mined , a small drop from 23 BTC in March. This comes […] The post DMG Blockchain Mines 21 BTC in April 2026: Strategic Shift to AI/HPC via New DMG Infrastructure Subsidiary appeared first on Blockmanity.
AWS Partners with Coinbase and Stripe to Enable AI Agent Cryptocurrency Payments
AWS launches Bedrock AgentCore Payments with Coinbase and Stripe, enabling AI agents to make USDC stablecoin micropayments on Solana and Base networks. The post AWS Partners with Coinbase and Stripe to Enable AI Agent Cryptocurrency Payments appeared first on Blockonomi.
Toncoin (TON) Price Skyrockets 114% After Durov’s Blockchain Upgrade Announcement
Toncoin (TON) surged 114% in three days to $2.90 after Pavel Durov endorsed network upgrades and announced deeper Telegram blockchain integration. The post Toncoin (TON) Price Skyrockets 114% After Durov’s Blockchain Upgrade Announcement appeared first on Blockonomi.
Dogecoin (DOGE) Faces Downward Pressure as Bearish Pattern Emerges
Dogecoin (DOGE) falls 4.62% to $0.106 as bearish wedge forms. ETF inflows resume after week-long pause. Key support at $0.10 could determine next move. The post Dogecoin (DOGE) Faces Downward Pressure as Bearish Pattern Emerges appeared first on Blockonomi.
Bitmine (BMNR) Stock: ETH Acquisition Pace May Decline as 5% Milestone Approaches
Bitmine (BMNR) nears its 5% ETH supply target in under a year. Tom Lee says purchases may slow as the firm considers its $4B buyback and staking revenue. The post Bitmine (BMNR) Stock: ETH Acquisition Pace May Decline as 5% Milestone Approaches appeared first on Blockonomi.
Bitcoin Market Structure Has Been Quietly Changing Since 2018: Here’s The Institutional Timeline Behind It
Bitcoin is trading above $80,000 as the market builds toward what participants on both sides of the trade increasingly describe as a decisive moment. The price recovery has been real and sustained — but top analyst Darkfost has published an analysis that invites a more fundamental question than where Bitcoin goes next: whether the market […]
Why Bitcoin Slips Under $80K Amid Iran-US Tensions: $1B ETF Inflows Fail to Halt Profit Booking Surge
Why Amid Iran-US Tensions: $1B ETF Inflows Fail to Halt Profit Booking Surge Bitcoin has taken a sudden dip, falling below the mark. This drop comes right after a strong rally, but now is shaking things up. Even with over […] The post Why Bitcoin Slips Under $80K Amid Iran-US Tensions: $1B ETF Inflows Fail to Halt Profit Booking Surge appeared first on Blockmanity.
2026 Midterms Could Reshape Crypto Policy Landscape, Tether Executive Warns
Tether's Jesse Spiro warns 2026 midterms pose major risks to crypto policy gains. Industry leaders discuss political strategy at Consensus Miami 2026. The post 2026 Midterms Could Reshape Crypto Policy Landscape, Tether Executive Warns appeared first on Blockonomi.
Aptos Foundation and Labs back AI future with $50M fund
Aptos committed $50M to AI agent infrastructure, backing Decibel and Shelby as onchain payments and machine trading expand across crypto AI.
Coinbase Buys $88 Million Worth of Bitcoin in Q1 2026
Coinbase disclosed during its Q1 2026 earnings call that it purchased $88 million worth of bitcoin during the quarter, marking a significant addition to the publicly listed exchange’s corporate treasury. Strong Accumulation Signal Coinbase, the only major U.S.-listed cryptocurrency exchange, added bitcoin to its corporate treasury during the first quarter of 2026, disclosing a purchase […]
JPMorgan Observes Capital Shift from Gold to Bitcoin
JPMorgan analysts have observed a shift in investor priorities following the escalation of conflict in the Middle East. According to their data, market participants are increasingly opting for bitcoin over gold to safeguard capital against inflation and market risks, reports The Block. The inflow of funds into spot bitcoin-ETFs has continued for the third consecutive month. From April 30 to May 6, investors poured in $1.69 billion. Gold exchange-traded funds have yet to recover from the capital outflow in March. Source: SoSoValue. The bank noted that demand for cryptocurrency is growing not only in the retail sector: institutional investors are increasing their positions through futures on the CME and offshore platforms. An additional channel for fund inflow remains Strategy — the company is accumulating digital gold reserves faster than last year. Analysts predict that if the current pace continues, the volume of purchases could reach $30 billion by the end of the year. Bitcoin is trading around $79,503, having lost 2% in the past 24 hours. Hourly chart of BTC/USTD on Binance. Source: TradingView. The price of gold stands at $4727 (+0.59% over 24 hours). Source: Gold Price. Institutions Choose Bitcoin According to a survey by CoinShares, institutional investors have begun to invest more actively in digital assets. The first cryptocurrency remains the most attractive asset for funds — about 32% of respondents have already invested in it. Source: CoinShares. Ethereum ranks second with a figure of 25%. Analysts also noted growing interest in Solana. The study involved 26 asset managers overseeing funds with a total volume of $1.3 trillion. The share of cryptocurrencies in their portfolios is about 1%—experts called this a "typical entry size" under current market conditions. James Butterfill, head of research at CoinShares, explained the high interest in bitcoin by stating that investors see the greatest growth potential in it. Positive sentiment is linked to the development of spot ETFs and the easing of regulatory stances. Institutions are gradually moving away from "old" altcoins, redirecting capital into decentralized finance protocols and new blockchain sectors. The main obstacles to the mass adoption of cryptocurrencies, respondents cited, are internal company restrictions and regulatory uncertainty. Back in April, JPMorgan experts recorded a sharp decline in capital inflow into crypto assets in the first quarter of 2026.
Trump Jr. and Witkoff Dismiss World Liberty Financial Exit Claims at Miami Event
Trump Jr. and CEO Witkoff dismiss rumors of Trump family exit from World Liberty Financial and discuss their defamation lawsuit against Justin Sun at Consensus. The post Trump Jr. and Witkoff Dismiss World Liberty Financial Exit Claims at Miami Event appeared first on Blockonomi.
Dogecoin (DOGE) Price Faces Bearish Pressure as Technical Wedge Pattern Emerges
Dogecoin (DOGE) drops 4.62% to $0.106 as bearish wedge forms. ETF inflows return after pause. Key support at $0.10 could determine next move. The post Dogecoin (DOGE) Price Faces Bearish Pressure as Technical Wedge Pattern Emerges appeared first on Blockonomi.
Coinbase CFO Reveals USDC-Circle Contract Auto-Renews Into Perpetuity and Has No Termination Clause
TLDR: Coinbase CFO Alesia Haas confirmed the USDC contract auto-renews every three years into perpetuity. CLO Paul Grewal confirmed Circle’s contract terms are set and will auto-renew without renegotiation. The USDC contract cannot be terminated by either party, providing Coinbase with long-term stability. Coinbase earns a share of USDC reserve interest income, secured through the [...] The post Coinbase CFO Reveals USDC-Circle Contract Auto-Renews Into Perpetuity and Has No Termination Clause appeared first on Blockonomi.
Chainlink (LINK) Rallies 10% as Whale Holdings Soar and ETF Money Returns
Chainlink (LINK) surges 10% to $10 as whale wallets accumulate 32M tokens, ETF inflows return, and futures Open Interest climbs to $495M. The post Chainlink (LINK) Rallies 10% as Whale Holdings Soar and ETF Money Returns appeared first on Blockonomi.
Arbitrum DAO moves closer to unlocking $71M tied to Kelp DAO hack
Arbitrum DAO’s proposal to release nearly $71 million in frozen Ether tied to the Kelp DAO exploit has secured overwhelming support ahead of its final on-chain governance vote. According to Snapshot voting data, more than 90.5% of participating voting power…
Bitcoin exchange reserves fall to two-year low after $8B exodus
Nearly 100,000 Bitcoin exited major exchanges as OTC balances tightened and demand from accumulator addresses increased by 60%, pointing to reduced liquid supply.
AWS Northern Virginia data center overheats, impacting Coinbase
Coinbase said on Friday its markets are being placed in “cancel only” mode but will begin to re-enable trading “shortly.”
Aptos Foundation, Aptos Labs commit $50M to development as it eyes AI agent future
The Aptos Foundation said building infrastructure that enables sub-second finality without the need for human intervention is a key to supporting the next wave of AI agent adoption.
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.