Alchemy Pay (ACH) Launches Payment-First Layer 1
Alchemy Chain mainnet is now live, a payments-first L1 purpose-built for real-world stablecoin transactions, and the world's first payment blockchain to align with both the EU's MiCA and Hong Kong's HKMA regulatory frameworks.
A bi-directional bridge to Ethereum allows ACH to move between the two networks, keeping Alchemy Chain connected to the broader crypto ecosystem rather than operating in isolation.
👉 x.com/AlchemyPay/status/2052301637365236192?s=20
Alchemy Chain mainnet is now live, a payments-first L1 purpose-built for real-world stablecoin transactions, and the world's first payment blockchain to align with both the EU's MiCA and Hong Kong's HKMA regulatory frameworks.
Testnet surpassed 150K unique addresses and processed over 800K transactions before mainnet launch. ACH is the only gas token; single-token fee model removes friction for end users.
A bi-directional bridge to Ethereum allows ACH to move between the two networks, keeping Alchemy Chain connected to the broader crypto ecosystem rather than operating in isolation.
👉 x.com/AlchemyPay/status/2052301637365236192?s=20
Arbitrum DAO Approves $71M ETH Release to DeFi United
The Arbitrum DAO voted 100% YES, 16.9M ARB in favor to release 30,766 ETH frozen by its Security Council following the Kelp DAO exploit, directing the funds to DeFi United, the Aave-led recovery coalition assembled to restore rsETH's backing and close bad debt.
👉 theblock.co/post/400527/arbitrum-dao-approves-eth-release
The Arbitrum DAO voted 100% YES, 16.9M ARB in favor to release 30,766 ETH frozen by its Security Council following the Kelp DAO exploit, directing the funds to DeFi United, the Aave-led recovery coalition assembled to restore rsETH's backing and close bad debt.
However, a US federal court issued a restraining order on April 30, just before the vote concluded, blocking the actual transfer of the ETH pending legal resolution.
👉 theblock.co/post/400527/arbitrum-dao-approves-eth-release
Biggest Spot DEXs by Trading Volume in the last 30 Days
The top 12 spot DEXs processed $132B in combined volume, led by Uniswap ($40.3B) and PancakeSwap ($24.5B). But the real story is in the growth numbers: Curve surged +54.7%, Aerodrome +47.7%, while HumidiFi lost -60.9% and Raydium dropped -38.6%.
The top 12 spot DEXs processed $132B in combined volume, led by Uniswap ($40.3B) and PancakeSwap ($24.5B). But the real story is in the growth numbers: Curve surged +54.7%, Aerodrome +47.7%, while HumidiFi lost -60.9% and Raydium dropped -38.6%.
Most Efficient Protocols: Who Has the Best Valuation?
FDV/Revenue Annualized ratio measures how much the market pays for every dollar a protocol earns; the lower the ratio, the more efficiently a protocol is valued. This snapshot compares the most profitable protocols, identifying who offers the best value by fundamentals.
FDV/Revenue Annualized ratio measures how much the market pays for every dollar a protocol earns; the lower the ratio, the more efficiently a protocol is valued. This snapshot compares the most profitable protocols, identifying who offers the best value by fundamentals.
The category leaders: Limitless in Prediction Markets (4.4x), Morpho in Lending (11.6x), edgeX in Perp DEXs (11.7x), Meteora in Spot DEXs (10.5x).
Zcash To Ship Quantum-Recoverable Wallets Within A Month
Zcash Open Development Lab CEO Josh Swihart said Zcash will roll out quantum-recoverable wallets within a month. He added the network aims to become fully post-quantum within the next 12–18 months, speaking at Consensus Miami.
On the adoption side, Zashi’s integration with Near Intents is bringing users into shielded ZEC via cross-chain swaps from assets like BTC, SOL, and USDC. Swihart said around $600M–$700M has already moved through that route since launch.
Meanwhile, bridges to Solana and Hyperliquid are live, and the community is discussing cutting block times from 75s to 25s. The shielded pool now sits around ~30% of circulating ZEC (ATH), making the near-term key test whether quantum recoverability ships on schedule.
👉 coindesk.com/tech/2026/05/08/zcash-quantum-recoverable-wallets-go-qantum-proof-by-2027
Zcash Open Development Lab CEO Josh Swihart said Zcash will roll out quantum-recoverable wallets within a month. He added the network aims to become fully post-quantum within the next 12–18 months, speaking at Consensus Miami.
The update lands as ZEC is up over 110% in the last 30 days, following Multicoin Capital’s disclosed position and a broader privacy narrative comeback. Swihart argued that transparent ledgers make assets easy targets for seizures, calling Bitcoin “broken” as a private payment system.
On the adoption side, Zashi’s integration with Near Intents is bringing users into shielded ZEC via cross-chain swaps from assets like BTC, SOL, and USDC. Swihart said around $600M–$700M has already moved through that route since launch.
Meanwhile, bridges to Solana and Hyperliquid are live, and the community is discussing cutting block times from 75s to 25s. The shielded pool now sits around ~30% of circulating ZEC (ATH), making the near-term key test whether quantum recoverability ships on schedule.
👉 coindesk.com/tech/2026/05/08/zcash-quantum-recoverable-wallets-go-qantum-proof-by-2027
Coinbase Restores Trading Following Seven-Hour Outage
Coinbase confirmed trading services have resumed following a ~7-hour outage on Friday that left users unable to trade, transfer assets, or access core exchange functions.
The outage capped a rough week for the exchange. Coinbase reported Q1 revenue of $1.41B, missing estimates and down 31% YoY, alongside a net loss of $394M. Days earlier, the company announced layoffs affecting 14% of its ~5,000 staff.
The cuts are tied to an AI-driven restructuring push. CEO Brian Armstrong noted that non-technical teams are now shipping production code and workflows are being automated, with the workforce being realigned toward AI-related skills.
👉 bloomberg.com/news/articles/2026-05-08/coinbase-resumes-trading-after-seven-h-outage
Coinbase confirmed trading services have resumed following a ~7-hour outage on Friday that left users unable to trade, transfer assets, or access core exchange functions.
The disruption was traced to overheating at an Amazon Web Services data center in Northern Virginia. The platform first flagged the issue at ~9 AM SGT, with activity restored by ~4 PM.
The outage capped a rough week for the exchange. Coinbase reported Q1 revenue of $1.41B, missing estimates and down 31% YoY, alongside a net loss of $394M. Days earlier, the company announced layoffs affecting 14% of its ~5,000 staff.
The cuts are tied to an AI-driven restructuring push. CEO Brian Armstrong noted that non-technical teams are now shipping production code and workflows are being automated, with the workforce being realigned toward AI-related skills.
👉 bloomberg.com/news/articles/2026-05-08/coinbase-resumes-trading-after-seven-h-outage
Google Launches AI Health Coach and Rebrands Fitbit App as Google Health
Google has unveiled Google Health Coach, a Gemini-powered service combining fitness coaching, sleep analysis, and wellness guidance, available May 19 under the Google Health Premium subscription at $9.99/month or $99/year.
Alongside the app rebrand, Google introduced the Fitbit Air — a screenless, Whoop-style band priced at $99.99. It tracks heart rate, SpO2, HRV, sleep stages, and Afib. The device weighs 12g, is water-resistant to 50m, and offers up to 7 days of battery with a 5-minute fast charge delivering a full day of use.
The Fitbit Air ships May 26 and includes a 3-month Google Health Premium trial. Google AI Pro and Ultra subscribers get Health Premium at no added cost.
👉 techcrunch.com/2026/05/07/googles-9-99-per-month-ai-health-coach-launches-may-19
Google has unveiled Google Health Coach, a Gemini-powered service combining fitness coaching, sleep analysis, and wellness guidance, available May 19 under the Google Health Premium subscription at $9.99/month or $99/year.
The coach personalizes guidance through an onboarding flow covering goals, equipment, injuries, and lifestyle. Users can log workouts and meals via text, voice, or photo. Insights draw from fitness metrics, sleep data, nutrition, cycle tracking, and connected U.S. medical records.
Alongside the app rebrand, Google introduced the Fitbit Air — a screenless, Whoop-style band priced at $99.99. It tracks heart rate, SpO2, HRV, sleep stages, and Afib. The device weighs 12g, is water-resistant to 50m, and offers up to 7 days of battery with a 5-minute fast charge delivering a full day of use.
The Fitbit Air ships May 26 and includes a 3-month Google Health Premium trial. Google AI Pro and Ultra subscribers get Health Premium at no added cost.
👉 techcrunch.com/2026/05/07/googles-9-99-per-month-ai-health-coach-launches-may-19
gTrade Goes Live Inside MegaETH Terminal
gTrade, the on-chain perpetuals DEX offering crypto and RWA markets with up to 1000x leverage, is now live inside MegaETH Terminal — the ecosystem's points program tied to a 2.5% mainnet campaign allocation from ~10B token supply.
Users accumulate Terminal points through two activities: trading across gTrade's 165+ markets, which includes commodities, forex, stocks, and indices alongside crypto pairs, or providing liquidity to the gUSDM vault. Selected pairs rotate weekly with point multipliers, directing attention toward specific markets each week.
The RWA coverage is a differentiator — XAU, USOIL, EUR/USD, NVDA, SPY, and similar instruments are available with the same leverage profile as crypto perps, expanding the addressable audience beyond typical DEX users.
👉 x.com/GainsNetwork_io/status/2052411739061301403?s=20
gTrade, the on-chain perpetuals DEX offering crypto and RWA markets with up to 1000x leverage, is now live inside MegaETH Terminal — the ecosystem's points program tied to a 2.5% mainnet campaign allocation from ~10B token supply.
At current pre-market pricing of ~$0.17 per MEGA, that allocation implies roughly $40M+ in potential ecosystem incentives, though exact distribution mechanics remain unconfirmed and allocations may be partial or phased.
Users accumulate Terminal points through two activities: trading across gTrade's 165+ markets, which includes commodities, forex, stocks, and indices alongside crypto pairs, or providing liquidity to the gUSDM vault. Selected pairs rotate weekly with point multipliers, directing attention toward specific markets each week.
The RWA coverage is a differentiator — XAU, USOIL, EUR/USD, NVDA, SPY, and similar instruments are available with the same leverage profile as crypto perps, expanding the addressable audience beyond typical DEX users.
👉 x.com/GainsNetwork_io/status/2052411739061301403?s=20
MAJOR UPCOMING EVENTS IN MAY!
A full list of Major Upcoming Events, to be updated
👉 https://cryptodiffer.com/events
A full list of Major Upcoming Events, to be updated
👉 https://cryptodiffer.com/events
LayerZero removes 1/1 DVN setups and upgrades security
LayerZero has also issued a public apology for its handling of the Kelp DAO's exploit, admitting it had done "a terrible job on comms" and conceding it should not have allowed its DVN to act as the sole verifier for high-value transactions.
👉 x.com/LayerZero_Core/status/2052876712653013173?s=20
LayerZero has also issued a public apology for its handling of the Kelp DAO's exploit, admitting it had done "a terrible job on comms" and conceding it should not have allowed its DVN to act as the sole verifier for high-value transactions.
Despite the overhaul, the exodus is already underway. Protocols representing approximately $2B in combined TVL, including Kelp DAO ($1.5B), Solv ($600M), and Re ($200M), have announced migrations to Chainlink CCIP.
👉 x.com/LayerZero_Core/status/2052876712653013173?s=20
Digital Asset Seeks $300M Raise at $2B Valuation Led by a16z
Canton Network is a public, permissionless Layer 1 blockchain built with configurable privacy features. Unlike Ethereum or Solana, it offers protocol-level confidentiality guarantees designed specifically for regulated financial institutions.
If completed, the raise would be Digital Asset's largest to date and come less than a year after it secured $135 million in June 2025 led by DRW Venture Capital and Tradeweb Markets.
👉 bloomberg.com/news/articles/2026-05-10/drw-backed-digital-asset-raising-money-at-2-billion-valuation
Canton Network is a public, permissionless Layer 1 blockchain built with configurable privacy features. Unlike Ethereum or Solana, it offers protocol-level confidentiality guarantees designed specifically for regulated financial institutions.
For a16z crypto, the investment follows the firm closing a $2.2B fifth crypto fund, bringing its total dedicated crypto capital to approximately $10B across five vehicles.
If completed, the raise would be Digital Asset's largest to date and come less than a year after it secured $135 million in June 2025 led by DRW Venture Capital and Tradeweb Markets.
👉 bloomberg.com/news/articles/2026-05-10/drw-backed-digital-asset-raising-money-at-2-billion-valuation
Jurassic Finance (RAWR) ICO is live on Futardio till May 15th
Sale Valuation - $516K. Hard cap - $200K. Tokens unlock in 20% tranches at each price milestone relative to the ICO price of $0.02. Jurassic is a Solana-based platform that tokenizes museum-grade dinosaur fossils as fractional ownership SPVs.
👉 x.com/JurassicFi/status/2052720439747657966?s=20
Sale Valuation - $516K. Hard cap - $200K. Tokens unlock in 20% tranches at each price milestone relative to the ICO price of $0.02. Jurassic is a Solana-based platform that tokenizes museum-grade dinosaur fossils as fractional ownership SPVs.
Futard.io is a new permissionless launchpad on Solana by MetaDAO, and this sale has already raised $9.4M from 652 funders against a $200K goal, a 4,700% oversubscription.
👉 x.com/JurassicFi/status/2052720439747657966?s=20
Biggest RWA Assets by on-chain Market Capitalization
Total RWA market cap has surpassed $26.4B across 165 issuers, with a growth curve that went near-vertical heading into 2026. Zooming in, Syrup USDC's $305M DeFi TVL on just $1.50B market cap shows which assets are actually being put to work.
Total RWA market cap has surpassed $26.4B across 165 issuers, with a growth curve that went near-vertical heading into 2026. Zooming in, Syrup USDC's $305M DeFi TVL on just $1.50B market cap shows which assets are actually being put to work.
Circle has closed a $222M Arc token presale valued at $3 billion
Circle has closed a $222 million strategic raise for its Arc blockchain from Andreessen Horowitz, BlackRock, Apollo Funds, ICE and many other major names. Andreessen Horowitz served as the lead investor in the raise with a $75 million investment.
👉 cnbc.com/2026/05/11/circle-closes-222-million-from-blackrock-apollo-for-arc-blockchain.html
Circle has closed a $222 million strategic raise for its Arc blockchain from Andreessen Horowitz, BlackRock, Apollo Funds, ICE and many other major names. Andreessen Horowitz served as the lead investor in the raise with a $75 million investment.
Arc attracted engagement from 100+ institutions across banking, capital markets, and technology, including Goldman Sachs, Visa, Mastercard, BNY Mellon, Deutsche Bank and HSBC.
Arc's public testnet has processed more than 166 million total transactions since launch, with daily average volumes of 2.3 million transactions and near-100% uptime; settling in approximately 0.5 seconds.
👉 cnbc.com/2026/05/11/circle-closes-222-million-from-blackrock-apollo-for-arc-blockchain.html
Treasuries & ETFs Board. Crypto Accumulation and Capital Flows
Weekly snapshot:
• BTC ETFs: +$631.6M
• ETH ETFs: +$70.3M
ETF flows stayed constructive, continuing to channel institutional demand even as direct balance sheet expansion slowed.
Latest treasury moves:
• Strategy bought 535 BTC (~$43.0M)
Corporate accumulation outside Strategy remains subdued, with last week marking a breather after aggressive Q1 and April buying.
Structure remains unchanged: Strategy still dominates treasury activity, while ETFs provide a parallel route for capital deployment.
Weekly snapshot:
• BTC ETFs: +$631.6M
• ETH ETFs: +$70.3M
ETF flows stayed constructive, continuing to channel institutional demand even as direct balance sheet expansion slowed.
Latest treasury moves:
• Strategy bought 535 BTC (~$43.0M)
Corporate accumulation outside Strategy remains subdued, with last week marking a breather after aggressive Q1 and April buying.
Structure remains unchanged: Strategy still dominates treasury activity, while ETFs provide a parallel route for capital deployment.
Ondo Brings Tokenized Stocks To Hyperliquid’s HyperEVM
Ondo tokenized stocks can now be bridged from Ethereum and BNB Chain to Hyperliquid’s HyperEVM through the Ondo Bridge powered by LayerZero.
The integration allows traders to combine spot exposure in tokenized equities with perpetual futures positions. This unlocks advanced strategies including basis trading, funding arbitrage, and delta-neutral hedging directly onchain.
Ondo Global Markets has also grown into the largest tokenized securities platform, surpassing $970M in TVL and nearly $18B in trading volume.
👉 ondo.finance/blog/tokenized-stocks-bridged-to-hyperliquid
Ondo tokenized stocks can now be bridged from Ethereum and BNB Chain to Hyperliquid’s HyperEVM through the Ondo Bridge powered by LayerZero.
More than 35 tokenized assets are now supported on HyperEVM, while protocols like Felix and Melt have already integrated Ondo’s tokenized stock infrastructure.
The integration allows traders to combine spot exposure in tokenized equities with perpetual futures positions. This unlocks advanced strategies including basis trading, funding arbitrage, and delta-neutral hedging directly onchain.
Ondo Global Markets has also grown into the largest tokenized securities platform, surpassing $970M in TVL and nearly $18B in trading volume.
👉 ondo.finance/blog/tokenized-stocks-bridged-to-hyperliquid
Google Warns AI Is Being Used To Build Zero-Day MFA Bypass Exploits
Google researchers revealed that a cybercrime group used AI to discover and weaponize a zero-day vulnerability capable of bypassing multi-factor authentication protections in a widely used system administration tool.
According to Google Threat Intelligence Group, the attack was stopped before deployment after researchers alerted the software developer, allowing the flaw to be patched before hackers could exploit users.
Google now expects AI to intensify the cybersecurity race in 2026, with hackers increasingly using large language models to automate vulnerability discovery, exploit development, and sophisticated intrusion techniques.
👉 cloud.google.com/blog/topics/threat-intelligence/2025-zero-day-review
Google researchers revealed that a cybercrime group used AI to discover and weaponize a zero-day vulnerability capable of bypassing multi-factor authentication protections in a widely used system administration tool.
According to Google Threat Intelligence Group, the attack was stopped before deployment after researchers alerted the software developer, allowing the flaw to be patched before hackers could exploit users.
The company said it has high confidence AI was involved in creating the exploit. While Google denied the use of Gemini or Anthropic’s Mythos model, the incident comes shortly after Anthropic warned that advanced AI systems could dramatically accelerate cyberattacks and software exploitation.
Google now expects AI to intensify the cybersecurity race in 2026, with hackers increasingly using large language models to automate vulnerability discovery, exploit development, and sophisticated intrusion techniques.
👉 cloud.google.com/blog/topics/threat-intelligence/2025-zero-day-review
Expected Mainnets in 2026: Projects to Watch
Multiple projects are targeting mainnet in 2026, from new L1s & L2s to prediction markets & BTC scaling. Check out our full breakdown.
Multiple projects are targeting mainnet in 2026, from new L1s & L2s to prediction markets & BTC scaling. Check out our full breakdown.