Sony (SONY) stock dropped ~4% as FY2026 profit forecast missed expectations despite strong FY2025 results showing 13% income growth and ¥500B buyback plan. The post Sony (SONY) Stock Dips 4% Despite Strong Earnings as Future Guidance Disappoints appeared first on Blockonomi.

Sony (SONY) stock falls 4% as FY2026 profit forecast misses estimates despite strong FY2025 results showing 13% income growth and ¥500B buyback announcement. The post Sony (SONY) Stock Dips 4% Despite Strong Earnings as Future Guidance Disappoints appeared first on Blockonomi.

Crypto‑forensics-led NSW raid seizes 52.3 BTC as AUSTRAC’s 2026 rules tighten the noose on darknet‑linked exchanges and weakly regulated VASPs. New South Wales Police say they have seized 52.3 bitcoin linked to alleged darknet marketplace activity, describing the haul as…

• #bitcoin

Iowa now requires crypto ATM operators to obtain money transmission licenses and comply with expanded state reporting and oversight requirements. The law also broadens enforcement authority, including penalties of up to $100,000 for violating injunctions tied to digital financial asset kiosk enforcement actions. Iowa Adds Penalties and Oversight for Crypto Kiosks Iowa Attorney General Brenna […]

Block's increased Bitcoin reserves and stock surge highlight the growing influence of cryptocurrency investments on fintech market dynamics. The post Jack Dorsey’s Block pushes Bitcoin reserves above 9,000 BTC, stock surges 10% appeared first on Crypto Briefing.

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The apparent pricing error was not reflected across broader crypto markets, suggesting a platform-specific data or display issue.

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ECB President Christine Lagarde said Europe should build tokenized settlement infrastructure anchored by central bank money rather than rely on private stablecoins.

TLDR: The Swiss Bitcoin Initiative fell short, collecting only 50,000 of the 100,000 signatures required for a referendum. The SNB rejected Bitcoin as a reserve asset, citing excessive price volatility and insufficient market liquidity. Bitcoin recorded losses of 7.5% in 2026, following a 6.4% decline in 2025, weakening the campaign’s core argument. Central banks remain [...] The post Swiss Bitcoin Reserve Campaign Collapses After Falling Short of Required Signatures appeared first on Blockonomi.

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Ripple now appears alongside heavyweights like SpaceX, OpenAI, and Anthropic. Check out how.

The blockade exacerbates regional tensions, disrupts global oil supply chains, and influences market expectations on geopolitical stability. The post US forces block over 70 tankers in Strait of Hormuz amid ongoing conflict appeared first on Crypto Briefing.

The US blockade of tankers could escalate tensions, disrupt global oil markets, and potentially spur diplomatic negotiations with Iran. The post US blocks 70 tankers, impacting Iran oil exports worth $13B appeared first on Crypto Briefing.

Zcash unveiled a 2027 roadmap focused on quantum-proof security and payment-scale throughput, positioning ZEC as a privacy-first alternative not only to Bitcoin, but also to Mastercard and Visa.

TLDR: Nearly 98% of stablecoins are dollar-denominated, leaving the euro with minimal global digital presence. USD Coin fell to $0.877 after SVB’s collapse, showing stablecoins can break their one-dollar peg. Eurosystem’s Pontes project will settle DLT transactions in central bank money from September 2026. Lagarde says deeper EU capital markets, not stablecoins, are the key [...] The post ECB’s Lagarde Warns Europe Against Rushing Into Euro-Denominated Stablecoins appeared first on Blockonomi.

A strong US economy and steady unemployment may delay Fed rate cuts, impacting inflation control and market expectations into late 2026. The post US unemployment steady, Fed rate cut unlikely by June 2026 appeared first on Crypto Briefing.

The cryptocurrency exchange Coinbase ended the first quarter of 2026 with a net loss of $394.1m.  Our Q1 2026 financial results are live.The summary? Everything is moving onchain. pic.twitter.com/kNzrqc9mku— Coinbase 🛡️ (@coinbase) May 7, 2026 A year earlier, it made a $66m profit for the same period.  The main driver was a market correction: the firm’s investment crypto portfolio fell by $482m. Losses have now been recorded for a second straight quarter: in the previous reporting period the figure was $667m. Coinbase’s revenue fell 31% year on year to $1.41bn. Transaction fees brought in $756m (-40%), while subscriptions and services generated $584m (-14%). The exchange’s share of the global crypto market stood at 8.6%, and adjusted EBITDA declined from $930m to $303m.  After the release, COIN shares fell 2.5% in after-hours trading to $192. Source: Yahoo Finance.  Analysts at Bernstein maintained a positive outlook on the shares with a $330 target. They argue the market underestimates Coinbase’s growth catalysts, including progress on the CLARITY Act. The experts noted that the “everything exchange” strategy is starting to show results. Reducing reliance on spot trading  Brian Armstrong, Coinbase’s chief executive, said the company is shifting from a spot crypto exchange to a broader trading and infrastructure platform. There’s a generational shift happening, and Coinbase is uniquely positioned to capture it:1) The onchain economy has reached escape velocity2) Coinbase's full stack platform is powering it3) The next frontier is agentic and on CoinbaseOur thesis is simple: crypto is the… pic.twitter.com/5iJY8aeCfe— Brian Armstrong (@brian_armstrong) May 7, 2026 The platform plans to expand trading across multiple asset classes, including commodities, futures and event contracts on prediction markets. In March, Coinbase launched trading in regulated derivatives for Advanced platform users in 26 European countries. “Our thesis is simple: cryptocurrency is the best form of money, and the infrastructure will rebuild the existing financial system. If it concerns money, it will concern cryptocurrency,” Armstrong said.  He argues that building institutional revenue streams should reduce the exchange’s dependence on retail volumes, which historically track the prices of digital assets. One growth area remains stablecoins. Revenue from this segment rose 11% to $305m. Armstrong also pointed to results from Coinbase-affiliated L2 network Base: stablecoin transaction volumes increased tenfold in the quarter.  He also highlighted prospects for AI payments. The exchange supports the x402 protocol, which enables digital agents to settle online using USDC.  Coinbase also participates in developing Amazon Bedrock AgentCore Payments — a toolkit for autonomous payments by AI assistants. Terms of the Circle deal On the Q1 earnings call, Coinbase CFO Alesia Haas also commented on the company’s USDC agreement with Circle. Onchain is the new standard.The world is moving into crypto, and Coinbase is at the heart of it.Going live for our Q1 earnings call to share more.https://t.co/QtAzD7iLgY— Coinbase 🛡️ (@coinbase) May 7, 2026 She said the contract is automatically renewed every three years in perpetuity and cannot be terminated.  Coinbase’s chief legal officer, Paul Grewal, added that the current terms of the agreement with Circle are already set and will be renewed automatically. The exchange expects to continue the partnership on the same basis. Under the partnership, Circle is to share nearly half of USDC profits with Coinbase. That makes the stablecoin line one of the exchange’s main sources of steady income—especially as spot trading’s share declines. Hours-long outage  On May 7, Coinbase suffered an outage that left some users facing delays in sending and receiving assets. On May 7th Coinbase experienced service disruptions. Here’s a quick summary of what happened:→ Around 8PM ET, Coinbase systems flagged high error rates across multiple services.→ We traced these errors to amazon failures in Availability Zone (use1-az4) in the AWS US-EAST-1…— Coinbase Support (@CoinbaseSupport) May 8, 2026 At first the exchange reported “degraded performance”, later citing elevated temperatures in one AWS data centre as the cause. Trading on the platform was unavailable for six hours. The incident affected transfers on the Aleo and Solana networks.  At the same time, Revolut experienced issues. Users received notifications showing bitcoin’s price dropping to $0.2. Pricing display errors affected charts of altcoins, including XRP and Solana.  According to Revolut, The price of Bitcoin has just dropped to $0.02 I guess its time to buy! 😂 pic.twitter.com/YIbwBGrkeT— That Martini Guy ₿ (@MartiniGuyYT) May 8, 2026 On May 5, Coinbase announced cuts of about 14% of its staff. Armstrong said the move was needed to optimise costs and adopt artificial intelligence more aggressively in workflows.

Heightened US-Iran tensions over the Strait of Hormuz could disrupt global oil supply, complicating diplomatic efforts and market stability. The post Iran may control Strait of Hormuz, Rubio warns amid US-Iran tensions appeared first on Crypto Briefing.

Stock futures rise despite US-Iran military strikes near Strait of Hormuz. Investors await April jobs report forecasting 65,000 payrolls, 4.3% unemployment. The post Stock Futures Rally Amid US-Iran Conflict as Jobs Report Looms appeared first on Blockonomi.

On-chain data shows the Bitcoin Realized Loss indicator has remained elevated even after the latest surge in the cryptocurrency’s price. Bitcoin Realized Loss Has Stood At $479M Per Day Recently In its latest weekly report, on-chain analytics firm Glassnode has discussed the latest trend in the Realized Loss for the Bitcoin network. The “Realized Loss” […]

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Palantir (PLTR) stock dropped 7% after stellar Q1 2026 earnings with 85% revenue growth. Is the valuation too high or is this a buying opportunity? The post Palantir (PLTR) Stock Drops 7% Despite Record-Breaking Q1 Results — Should Investors Buy the Dip? appeared first on Blockonomi.

Archer Aviation (ACHR) stock climbs 11% before Q1 2026 earnings May 11. Key focus: revenue forecasts, cash burn, and FAA certification milestones. The post Archer Aviation (ACHR) Stock Surges 11% Before Monday’s Q1 Earnings Report appeared first on Blockonomi.

TeraWulf (WULF) stock drops after Q1 earnings show $34M revenue and $3.1B cash position supporting aggressive data center expansion and HPC growth. The post TeraWulf (WULF) Stock Slides Despite Q1 Revenue Jump and $3.1B Cash Reserve appeared first on Blockonomi.

Cardano price has started recovering after breaking above a key descending resistance trendline, raising hopes that bulls may attempt a larger move toward the important $0.30 psychological level. According to data from crypto.news, Cardano (ADA) was trading around $0.264 at…

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This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) Unfortunately, Ethereum was rejected at the $2,400 resistance this week. Bulls did not manage to break this key level, and now the price appears to be curving down towards the support at $2,000. While the price is in the […]

Rising geopolitical tensions may lead to increased energy market volatility and hinder diplomatic efforts, impacting global stability. The post Trump warns Iran of consequences as peace deal confidence wanes appeared first on Crypto Briefing.

Rigetti Computing (RGTI) reports Q1 earnings May 11 with options pricing a 17.56% move. Analysts expect $0.04 loss on $4.09M revenue. Should you buy? The post Rigetti Computing (RGTI) Earnings Preview: Should Investors Buy Before May 11? appeared first on Blockonomi.

The credit facility would help Aave address bad debt created after the April rsETH exploit strained its WETH market.

Several Ethereum metrics suggest the ETH price could see further downside due to reduced demand and weakening network fundamentals.

From the 2009 marathon alibi to the British spellings, see why Bitcoin creator's 1.1 million BTC are likely lost forever, according to Fred Krueger.

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Hyperliquid Strategies (PURR) stock drops 5.35% as company expands HYPE treasury to 20M tokens, reports growing staking revenue, and posts $165.4M loss. The post Hyperliquid Strategies Inc. (PURR) Stock: Shares Decline Despite Expanding HYPE Holdings and Rising Staking Income appeared first on Blockonomi.

TeraWulf (WULF) stock rose after Q1 2026 results showed AI lease revenue of $21M beating forecasts, despite posting a $1.01 per share loss. The post TeraWulf (WULF) Stock Climbs Despite Wider Loss as AI Revenue Surpasses Expectations appeared first on Blockonomi.

Trump's visit could enhance US-China trade relations, potentially boosting tech and aviation sectors, while influencing global market dynamics. The post Trump to visit China by May 31 with tech CEOs, Boeing deal possible appeared first on Crypto Briefing.

Akamai jumps 27% on $1.8B AI deal while Cloudflare drops 16% on layoffs. Trade Desk falls 15% on weak results. See Friday's top stock movers. The post Friday Stock Market Movements: Akamai Surges While Cloudflare and Trade Desk Tumble appeared first on Blockonomi.

Datadog (DDOG) stock rallied 30% after reporting its first billion-dollar quarter with 32% revenue growth, raising guidance amid strong AI demand. The post Datadog (DDOG) Stock Soars 30% Following Record-Breaking Q1 Performance appeared first on Blockonomi.

BlockchainFX and Chainlink attract investor focus as demand grows for top crypto picks in 2026. Missed crypto wins still sting because they usually look obvious after the breakout. People see the chart later, check the old entry price, and realize…

Deutsche Bank's increased stake in Strategy Inc. highlights its strategic pivot towards crypto exposure, despite market volatility risks. The post Deutsche Bank lifts Strategy stake to 785,000 shares despite value drop appeared first on Crypto Briefing.

Bitcoin is seeing growing demand from institutional investors as funds pull in over 92,000 BTC in just about three months.

• #bitcoin

The price of the leading cryptocurrency fell below $80,000 amid US strikes on targets in Iran. These events briefly pushed oil prices above $100 per barrel. Hourly chart of BTC/USTD on Binance. Source: TradingView. At the time of writing, digital gold is trading at $80,131, down 0.8% over the past 24 hours. The price movement triggered liquidations in the futures market, with traders losing over $289.68 million. Source: CoinGlass. The Fear and Greed Index dropped to 38 points, indicating a shift to bearish market sentiment. Source: Alternative. A Complex Picture Unrealized profits for bitcoin traders reached 18%, the highest since June 2025, according to CryptoQuant analysts. Bitcoin traders are sitting on their highest unrealized profits since June 2025.Historically, these levels increase correction risk as traders become more incentivized to lock in gains.Profit-taking pressure tends to accelerate as unrealized margins rise. pic.twitter.com/Ami5ZjOwSv— CryptoQuant.com (@cryptoquant_com) May 7, 2026 Since early April, the price of the leading cryptocurrency has risen by 37%, reaching a three-month high. Experts attributed the surge to a recovery from undervaluation, increased demand for perpetual futures, and reduced macroeconomic pressure. The price rise triggered a wave of profit-taking. On May 4, the daily realized profit volume reached 14,600 BTC, the highest in five months. For the first time since late 2025, investors achieved a net profit over 30 days. In comparison, net market losses reached 398,000 BTC in February and March 2026. Historically high levels of unrealized profits precede corrections, as such values increase selling pressure. However, analysts currently see no signs of an imminent crash. Demand for futures remains stable, and the inflow of coins to exchanges is not increasing. These factors may support the bitcoin price in the short term, even amid active selling. Funds Favour Bitcoin On-chain analyst MorenoDV observed a capital inflow into bitcoin funds amid outflows from Ethereum-based products. Since early February, balances of these instruments have grown from 1.278 million BTC to 1.37 million BTC, a net inflow of over 92,000 BTC (7.2%). BTC Accumulation Accelerates While ETH Struggles to Regain Institutional Conviction“But while Bitcoin appears to have regained institutional confidence relatively quickly, Ethereum still shows signs of hesitation.” – By @MorenoDV_ pic.twitter.com/o1OtAZFLlA— CryptoQuant.com (@cryptoquant_com) May 8, 2026 During the same period, the volume of Ethereum held by funds decreased from 5.93 million ETH to 5.8 million ETH, a reduction of 127,000 ETH (2.1%). According to the analyst, prices began to recover after holdings in investment products stabilized. MorenoDV believes that the capital of large players not only reacts to the market but also shapes its structure. The difference in investor behavior reflects varying perceptions of assets. Bitcoin has strengthened its status as a "reserve" instrument due to high liquidity and the success of spot ETFs. Ethereum is still considered a riskier asset by funds: in times of uncertainty, managers reduce its share first, preferring bitcoin. A Signal for Growth Bitcoin investors have returned to profitability after a prolonged period of losses, noted analyst Darkfost. On a weekly 7 DMA basis, the profit/loss ratio has now moved back into positive territory, currently estimated at 2.9.This means that realized profits on BTC are now more than twice as large as realized losses.That had not been the case since January, as losses had largely… pic.twitter.com/K804wjGHyN— Darkfost (@Darkfost_Coc) May 8, 2026 The seven-day moving average Profit/Loss ratio rose to 2.9, with realized bitcoin profits more than double the losses. This situation had not been observed since January of this year. Darkfost views the trend as moderate but constructive: the return of profits restores investor confidence and leads to market stabilization. A healthy balance is one where profit-taking does not reach extreme levels. The analyst warned that if the Profit/Loss ratio exceeds 20, the market will not be able to absorb such a volume of sales, leading to a phase of coin distribution and a price drop. Current values are seen by Darkfost as a positive signal for growth. In May, analysts at JPMorgan reported a capital shift from gold to bitcoin following the escalation of the Middle East conflict.

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Ethereum's price has resumed its upward trend after being caught between the moving average lines since April 27.

Senator Warren challenges Meta over stablecoin plans, demanding answers on privacy safeguards, competition risks, and ties to its failed Libra project. The post Senator Warren Demands Transparency from Meta on Stablecoin Integration Plans appeared first on Blockonomi.

UK FX and crypto markets grow more connected as regulation and macro pressures intensify in 2026. The UK currency and cryptocurrency markets in 2026 are increasingly shaped by the same macro forces, including interest rates, inflation, and regulatory change. Rather…

Here's everything most interesting around BTC, SHIB, and ETH.

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PROS surged 47.8% after Upbit and Bithumb listings, with Pharos volume rising 209.6% as Korean trading access expanded.

A wallet address associated with crypto investment firm Metalpha has moved nearly $20 million worth of ether into Binance, adding fresh selling pressure on a token already contending with bearish sentiment. Large Exchange Inflow Signals Potential Sell-off A wallet identified by Lookonchain as being tied to Metalpha, a Hong Kong-based crypto asset management firm, transferred […]

Reform UK's rise signals a potential political realignment, increasing pressure on Labour's leadership and challenging traditional party dynamics. The post Reform UK gains 400 seats in 2026 local elections, Labour loses 260 appeared first on Crypto Briefing.

The UAE's OPEC exit may destabilize oil markets and heighten regional tensions, impacting global energy security and shipping routes. The post UAE exits OPEC amid Gulf tensions, Strait of Hormuz risks rise appeared first on Crypto Briefing.

The attacks may lead to heightened regional instability, potential airspace closures, and increased geopolitical tensions affecting global diplomacy. The post Iran nuclear sites attacked by US, Israel amid rising tensions appeared first on Crypto Briefing.

Tether blacklisted 370 addresses and froze $514M in USDT across Tron and Ethereum in 30 days, intensifying stablecoin enforcement against fraud. The post Tether Blacklists 370 Addresses, Immobilizing $514M in USDT Tokens appeared first on Blockonomi.

Tokenization is no longer niche: the market is growing and it will keep doing so, making finances even more accessible.

Cloudflare shares fell sharply in after-hours trading on Thursday after the cloud infrastructure company announced major layoffs tied to its push into artificial intelligence. According to recent reports, the stock dropped about 18% even after Cloudflare reported first-quarter earnings and…

Powell's continued tenure may stabilize Fed policy, reducing market volatility amid potential executive pressures and Warsh's pending leadership. The post Powell likely to remain Fed chair until term ends in 2026 amid Warsh transition appeared first on Crypto Briefing.

Bitcoin ETFs snap a five-day $1.7 billion inflow streak with $277.5 million of outflows as Bitcoin falls below $80,000 amid sharp intraday volatility.

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BlockSec data shows Tether froze over $500 million in USDT across 370 Ethereum and Tron addresses in 30 days, adding to $1.26 billion frozen in 2025 linked to illicit activity.

Bitcoin retagged $80,000 after falling 3% on Iran concerns, while traders flagged important BTC price support levels to preserve next.

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XRP Ledger pushes key update with automatic fix activation.

Bitcoin ETFs posted $277.5M in outflows after five inflow days as BTC dipped below $80K, while MSBT still attracted new capital.

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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 […]

Here's why this analyst believes BTC could be on the verge of a more profound decline.

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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 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 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 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) 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.

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…

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 […]

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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 will require firms moving crypto overseas to register, as Travel Rule checks and a 22% crypto tax add pressure.

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.

The U.S. Government is in the process of liquidating funds that they believe originated from illicit activities.

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.

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 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…

Chainlink CCIP just secured another major DeFi migration.

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 […]

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 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 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.

Vitalik Buterin’s $4 swap was sandwiched by JaredfromSubway, renewing debate over Ethereum MEV, front-running, and encrypted mempools.

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 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 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.

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…

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.

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) 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 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 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…

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 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 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 launched TCAN, the first U.S. ETF tied to Canton Coin, as institutional blockchain access expands through regulated products today.

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.

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 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 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 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, 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 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.

CryptoJobsList says AI skills now appear in 53.1% of Web3 job posts, with AI-ready workers earning a $20K salary premium.

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…

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.