🤔 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.
🔮 Coinbase CFO Alesia Haas stated during the earnings call that Coinbase’s USDC contract auto-renews every three years indefinitely and cannot be terminated. Additionally, Coinbase CLO Paul Grewal mentioned that the company’s existing contract terms with Circle are established, will auto-renew, and Coinbase anticipates maintaining the relationship under the same terms.
📊 Kraken will list NEO and GAS, with trading set to begin on May 8. Neo is an open-source blockchain platform designed to support digital assets, digital identity, and smart contracts, utilizing a dual-token model where NEO is for network governance and GAS is for transaction fees and smart contract execution fees.
👮 Coinbase Exchange has been experiencing an outage for over two hours. Its status page indicates that some users may be unable to trade or may experience degraded performance due to an AWS outage. Coinbase stated that its team is investigating, assuring users that their funds are safe, and directing them to check AWS service status.
💸 #HYPE Company Hyperliquid Strategies reports a net loss of $165 million for 9 months.
🕵️ According to BlockSec USDT Freeze Tracker, as of May 7, 2026, Tether has blacklisted 371 addresses on Ethereum and Tron in the past 30 days. This includes 329 on the Tron chain and 42 on the Ethereum chain, involving frozen funds worth approximately $515 million ($506 million on Tron and $8.73 million on Ethereum).
🕵️ The leaders of Bridge and Deus X Capital stated that large corporations seeking to modernize payment systems and #AI agents conducting autonomous transactions are becoming the two main drivers of stablecoins' growth. #stablecoin