📌 Top 5 News for 24 Hour:
1. Four wallets linked to ParadigmCapital deposit $27.29M ETH into FalconX. →
👁 249 | ❤️ 0 | 🔁 4
2. ZachXBT accuses LAB founder of market manipulation. →
👁 184 | ❤️ 0 | 🔁 4
3. Matrixport-linked wallet deposits $17.3M $HYPE into HyperLiquid, sells $HYPE for $USDC →
👁 265 | ❤️ 0 | 🔁 3
4. Crypto market sentiment shifts as analysts predict price recovery. →
👁 290 | ❤️ 2 | 🔁 2
5. Grayscale rebalances funds, adds ENA, removes AERO. →
👁 214 | ❤️ 0 | 🔁 3
| | |
1. Four wallets linked to ParadigmCapital deposit $27.29M ETH into FalconX. →
👁 249 | ❤️ 0 | 🔁 4
2. ZachXBT accuses LAB founder of market manipulation. →
👁 184 | ❤️ 0 | 🔁 4
3. Matrixport-linked wallet deposits $17.3M $HYPE into HyperLiquid, sells $HYPE for $USDC →
👁 265 | ❤️ 0 | 🔁 3
4. Crypto market sentiment shifts as analysts predict price recovery. →
👁 290 | ❤️ 2 | 🔁 2
5. Grayscale rebalances funds, adds ENA, removes AERO. →
👁 214 | ❤️ 0 | 🔁 3
| | |
📊 Coinbase Reports $394 Million Net Loss as Q1 Revenue Falls 31%
According to Bloomberg, Coinbase reported a net loss of approximately $394 million in the first quarter of 2026, compared to net income of $66 million a year earlier. Revenue fell 31% year-over-year to $1.41 billion, following a 20% decline in the previous quarter, as weaker crypto prices and lower trading activity impacted results.
Coinbase also announced plans to cut about 14% of its workforce, with restructuring costs expected to reach up to $60 million. Additionally, Morgan Stanley has launched lower-fee crypto trading on its E*Trade platform, potentially increasing competitive pressure on crypto exchanges.
According to Bloomberg, Coinbase reported a net loss of approximately $394 million in the first quarter of 2026, compared to net income of $66 million a year earlier. Revenue fell 31% year-over-year to $1.41 billion, following a 20% decline in the previous quarter, as weaker crypto prices and lower trading activity impacted results.
Coinbase also announced plans to cut about 14% of its workforce, with restructuring costs expected to reach up to $60 million. Additionally, Morgan Stanley has launched lower-fee crypto trading on its E*Trade platform, potentially increasing competitive pressure on crypto exchanges.
Media is too big
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📊 Andrew Isaacs at Consensus with CEO Yana Prikhodchenko focused on launching NEYRO, a non-custodial agentic trading platform.
It allows users to run AI trading agents while maintaining full custody of their funds.
It allows users to run AI trading agents while maintaining full custody of their funds.
🇺🇸⚖️ Federal trade court rules President Trump's 10% global tariffs unlawful. #regulation
🇺🇸🗣 Robinhood CEO Vlad Tenev states that the US is very close to passing the Crypto Clarity Act to ensure American dominance in digital finance.
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🗽 Jack Dorsey’s Blocks made $1.7B in Q1 2026 from CashApp’s Bitcoin Ecosystem.
- Blocks SEC Filing #regulation
- Blocks SEC Filing #regulation
👀 Founded by the DefiLlama Team, Crypto Media Outlet DL News to Shut Down at the End of May
DL News announced it will shut down at the end of May due to challenges in building a sustainable crypto media business. The company cited declining media traffic, adverse search and content distribution conditions influenced by AI, and reduced operational alignment with DefiLlama following an internal conflict in early 2023. Layoffs began in mid-April, and staff were informed on May 1 that operations would cease by month-end.
DL News announced it will shut down at the end of May due to challenges in building a sustainable crypto media business. The company cited declining media traffic, adverse search and content distribution conditions influenced by AI, and reduced operational alignment with DefiLlama following an internal conflict in early 2023. Layoffs began in mid-April, and staff were informed on May 1 that operations would cease by month-end.
🤔 Vitalik Buterin: Cryptocurrency Originated From Crazy Things
On July 3, 2025, Ethereum co-founder Vitalik Buterin stated in an EthCC speech video published by Cointelegraph that just as the early internet grew because of porn, crypto's early expansion through crazy events was acceptable.
However, he believes that since the crypto ecosystem is now widely recognized, blind expansion is no longer an automatic good. The industry needs a philosophical shift: instead of merely pursuing technologies like blockchains, builders should focus on achieving specific properties to build the right things.
On July 3, 2025, Ethereum co-founder Vitalik Buterin stated in an EthCC speech video published by Cointelegraph that just as the early internet grew because of porn, crypto's early expansion through crazy events was acceptable.
However, he believes that since the crypto ecosystem is now widely recognized, blind expansion is no longer an automatic good. The industry needs a philosophical shift: instead of merely pursuing technologies like blockchains, builders should focus on achieving specific properties to build the right things.
🇺🇸🗣 President Trump says the US has a lot of oil and is not facing any energy crisis.
🇫🇷🚀 Tom Lee: Ethereum Is the Best-Performing Asset Since the War Started
BitMine Chairman Tom Lee stated at Paris Blockchain Week 2026 that Ethereum has outperformed all assets since the Middle East crisis began, exceeding energy stocks and beating the S&P 500 by nearly 20 percentage points.
He noted that if markets can endure the crisis and the U.S. economy remains resilient despite rising oil prices, the crypto bull market could extend into 2028. Lee emphasized that Ethereum is experiencing significant consolidation, with tokenization and agentic AI expected to drive the next rally, including stablecoins, tokenized stocks, tokenized reputation systems, and AI payment demand. #stablecoin
BitMine Chairman Tom Lee stated at Paris Blockchain Week 2026 that Ethereum has outperformed all assets since the Middle East crisis began, exceeding energy stocks and beating the S&P 500 by nearly 20 percentage points.
He noted that if markets can endure the crisis and the U.S. economy remains resilient despite rising oil prices, the crypto bull market could extend into 2028. Lee emphasized that Ethereum is experiencing significant consolidation, with tokenization and agentic AI expected to drive the next rally, including stablecoins, tokenized stocks, tokenized reputation systems, and AI payment demand. #stablecoin
📊 Aptos Foundation and Aptos Labs announced a commitment of over $50 million for first-party products, research, protocol infrastructure, and a strategic fund for trading and AI partners.
Aptos reported that Decibel is live on mainnet with over $1 billion in cumulative volume. The stablecoin market cap on Aptos has reached $1.93 billion, while RWAs have reached $1.2 billion, with BlackRock, Franklin Templeton, Apollo Global, and other asset managers deployed on the network.
Aptos also plans to advance encrypted mempool, FIX and CCXT connectivity, multi-leader consensus, and confidential perpetual trading. #stablecoin
Aptos reported that Decibel is live on mainnet with over $1 billion in cumulative volume. The stablecoin market cap on Aptos has reached $1.93 billion, while RWAs have reached $1.2 billion, with BlackRock, Franklin Templeton, Apollo Global, and other asset managers deployed on the network.
Aptos also plans to advance encrypted mempool, FIX and CCXT connectivity, multi-leader consensus, and confidential perpetual trading. #stablecoin
📊 Coinbase Suspends Perpetual Contract Trading for Multiple Tokens
Coinbase announced it will suspend perpetual contract trading for KAITO, SENT, SAHARA, CAKE, TOSHI, AKT, VET, ANIME, THETA, ZK, KERNEL, and BARD around 21:00 (UTC+8) on May 21st. The main reason is that liquidity and project quality no longer meet market standards.
Coinbase announced it will suspend perpetual contract trading for KAITO, SENT, SAHARA, CAKE, TOSHI, AKT, VET, ANIME, THETA, ZK, KERNEL, and BARD around 21:00 (UTC+8) on May 21st. The main reason is that liquidity and project quality no longer meet market standards.