💻 The biggest hacker of 2026 couldn’t hold the profits

The exploiter behind the massive Kelp DAO hack saw his $123M $rsETH position on Aave get liquidated after AAVE manually adjusted the oracle price for rsETH.

According to reports, another position tied to the attacker was also liquidated on Arbitrum.

But here’s the twist: the hacker likely doesn’t care. The borrowed funds backed by the stolen ETH had already been moved and laundered long before the liquidation happened.

❄️ Arbitrum freezes funds.
🔮 AAVE changes oracle prices manually.

And people still call this “decentralization.” 🤔

📊 Blockchain ranking by staked asset value

Ethereum remains the undisputed leader with $92B locked in staking — far ahead of the rest of the market. 💰

Next comes Solana with $36B, while BNB Chain and TRON are nearly tied at $16B and $15B.

Further down the list:
▪️ Sui — $7.6B
▪️ Cardano — $5.6B

Above the $1B mark are also Avalanche, Hedera, Polkadot, and Toncoin.

The gap between Ethereum and the rest remains enormous — staking liquidity is still heavily concentrated in the ETH ecosystem.

🐃 Bulls are getting aggressive on Bybit

According to CryptoQuant, the Taker Buy/Sell Ratio on Bybit has exploded, with market buy volume exceeding sell volume by nearly 11x.

📊 This metric tracks aggressive traders hitting market orders — meaning buyers are currently dominating the order flow.

Such spikes usually reflect strong short-term bullish sentiment and growing risk appetite among derivatives traders.

👀 The question now: is this the start of a breakout… or just another overcrowded long setup waiting to get flushed?

🚀 Matthew Sigel from VanEck says Bitcoin could reach $1M within the next ~5 years in the firm’s base-case scenario

Key takeaways:

▪️ The current BTC rally looks more like a massive short squeeze than an overheated bubble.
▪️ BTC correlation with the Nasdaq Composite is at a 5-year high.
▪️ VanEck sees a powerful emerging trend at the intersection of Bitcoin and AI.
▪️ Younger investors continue accumulating BTC aggressively.
▪️ At least one central bank has reportedly started adding BTC to reserves.
▪️ Bitcoin remains a long-term megatrend — but with extreme volatility along the way.

📊 The narrative around BTC is shifting from “speculative asset” to a strategic macro and technological play.

📈 Toncoin has doubled in price since May 4, briefly approaching the $3 mark for the first time since autumn 2025

TON is now ranked #16 onCoinMarketCap with a market cap of around $7B. 💰

The rally kicked off after a series of statements from Pavel Durov about Telegram taking a more active role in the TON ecosystem, followed by additional posts supporting the network.

🐃 Looks like the market still treats Durov tweets as a bullish indicator for TON.

🩸 “BTC hits a 52-week low at $0.02” — that was the lovely notification some Revolut users received today

At the same time, charts for Bitcoin, XRP, Solana and other assets started displaying obvious glitches, likely caused by a UI bug.

📉 Imagine opening your app, seeing BTC at two cents, and briefly thinking:
“Finally… mass adoption.” 🙀

Thankfully, it seems to be just a visual issue — not the fastest market crash in financial history.

💵 As Bitcoin keeps climbing, capital is flowing back into centralized exchanges

Net inflows across major CEXs exceeded $2B recently, signaling renewed market activity and growing appetite for trading exposure.

The clear leader is OKX with a massive +$2.82B in net inflows over the past 30 days.

Other exchanges seeing positive flows include:

▪️ Bitget
▪️ Bitstamp
▪️ Bitfinex
▪️ Binance]

💰 Large exchange inflows usually mean one thing: traders are preparing to deploy capital. Whether that liquidity fuels BTC continuation or rotates into alts is the next big question.

❄️ Tether froze around $515M USDT over the past month, blacklisting 371 addresses

The biggest crackdown happened on TRON:

▪️ 329 addresses frozen
▪️ ~$506M blocked

Meanwhile on Ethereum, freezes totaled only ~$8.7M.

📝 The numbers once again highlight how centralized stablecoins really are — one company can instantly freeze hundreds of millions with a single blacklist update.

“Be your own bank”… unless your bank account can be paused remotely.

😏 Bitcoin is becoming more attractive than gold?

🔎 Analysts at JPMorgan say that since the start of the Iran conflict, investors have been buying BTC more aggressively than gold.

Since the conflict began:

📈 BTC is up ~26%
📉 Gold initially dropped and still hasn’t fully recovered

📊 The narrative is shifting: instead of treating Bitcoin as a “risk asset,” more investors are starting to view it as a hedge against currency debasement and geopolitical instability.

Gold had its massive rally last year.
Now the market is wondering whether 2026 could become Bitcoin’s turn. 👀

🚀 Zcash is pushing hard into the privacy narrative again — and the market is paying attention

👩‍💻The project plans to roll out quantum-resistant wallets within a month and fully transition to post-quantum cryptography in the next 12–18 months. At the same time, the team says it’s working on scaling the network to Visa/Mastercard-level throughput.

Zcash developers also took shots at Bitcoin, calling it “fundamentally broken” for private payments due to blockchain transparency and growing surveillance risks.

📊 Key points:

▪️ ~30% of all ZEC is now in shielded private pools — an all-time high
▪️ ZEC is up over 110% in a month and ~300% since March
▪️ Privacy coin narrative is back as users rethink on-chain transparency
▪️ Market expects major upside if quantum-security upgrades ship on time

⚠️ But momentum is overheated. If BTC weakens or the quantum roadmap slips, sharp corrections are possible.

📉 Tom Lee says Bitmine Immersion Technologies will likely slow down its aggressive Ethereum accumulation once it reaches its target of owning 5% of the total ETH supply

The crazy part? The company originally expected this to take 5 years — but less than a year later, it already controls ~4.3% of all ETH in existence.

📝 Current stats:
▪️ 5.1M+ ETH worth ~$11.9B
▪️ Buying ~100K ETH per week
▪️ ~85% of holdings are staked
▪️ Staking reportedly generates $300M+ annually

At current pace, Bitmine could hit the 5% milestone within six weeks. After that, the focus shifts to ETH staking and BMNR stock buybacks.

🖕Despite the massive position, Bitmine is still sitting on a paper loss of over $6B due to an average entry above $3,500 per ETH.

🤖 Crypto analyst Willy Woo asked AI models Grok and Gemini to evaluate the risk/reward profile of STRC — the high-yield product launched by Strategy.

The result? Both AIs agreed that the current ~11.5% yield is too low for the level of risk investors are taking.

🧑‍💻 Estimated “fair” yields according to the models:

▪️ Grok: 17–22% annually
▪️ Gemini: ~16% annually

🌐 Geopolitical tension is back on the market radar

🇺🇸🇮🇷 Donald Trump rejected Iran’s response to the US peace proposal, calling it “absolutely unacceptable.” After the statement, Brent crude jumped more than 5% and moved above $100 per barrel as markets priced in renewed escalation risk.

Iran reportedly demanded:

▪️ End of sanctions and naval blockade
▪️ No further strikes
▪️ Compensation for damages
▪️ Recognition of control over the Strait of Hormuz
▪️ Preservation of nuclear infrastructure

📊 For crypto, oil becomes the key macro indicator:
▪️ If oil stays below $106–107, Bitcoin may continue pushing toward $82K–85K
▪️ Further escalation and rising oil could drag BTC back to the $76K–78K range

Meanwhile:

💰Spot BTC ETFs have seen 6 straight weeks of inflows (+$3.4B)
🪨 BlackRock is launching tokenized US Treasury funds on Ethereum
🐳 A dormant wallet moved 500 BTC after 12.5 years of inactivity

🧠 “Sell 1 BTC to buy 10–20 more”

Michael Saylor finally explained why selling a small amount of BTC to pay dividends may not be as bearish as people feared.

The idea:
▪️ Strategy raises billions through STRC
▪️ Uses the capital to buy BTC
▪️ BTC appreciates
▪️ Sells a tiny portion (~$80–90M) to cover fixed dividend payments
▪️ Keeps the majority of the gains in Bitcoin

In a strong bull market, the math looks genius: sell 1 BTC worth of value while ending up with 10–20 extra BTC acquired from earlier appreciation.

⚠️ But there’s a catch.

STRC dividends are fixed in dollars, while BTC is volatile.

If Bitcoin keeps rising, the machine works beautifully.
If BTC enters a long bear market, Strategy would need to sell more coins at lower prices just to meet the same obligations — potentially creating additional downward pressure.

📊 The entire model depends on one assumption:

Bitcoin must keep appreciating over time. 📈🤔

🖥 Exactly 16 years ago, Bitcoin mining made its first big leap: a developer demonstrated that GPUs could calculate hashes far more efficiently than standard CPUs

That moment changed everything.

📈 After miners began switching from CPUs to graphics cards, Bitcoin’s network hash rate exploded by roughly 130,000%, kicking off the industrialization of mining.

What started as people mining BTC on home computers soon evolved into GPU farms, then ASICs, and eventually a multi-billion-dollar global industry.

💡 One small optimization ended up reshaping the entire economics and security model of Bitcoin forever.

📈 S&P 500 is approaching another historic milestone … or maybe another bubble

If 2026 closes with ~20% gains, it would mark the 4th consecutive year of double-digit returns. Since 2023, the index has already surged nearly 93%. 🙀

Such streaks are extremely rare in history:

▪️ 1942–45 — WWII spending and economic mobilization
▪️ 1949–52 — postwar boom and credit expansion
▪️ 1995–99 — the dot-com bubble
▪️ 2023–26 — the AI race: NVIDIA, Big Tech, data centers, rate-cut hopes, and belief in a new tech cycle

💡 The key question isn’t whether the market can rally another 10–20%.

It probably can.

The real question is whether future events — maybe even a potential SpaceX IPO — become the symbolic “top signal” of this cycle, just like dot-com listings did in 1999.

Euphoria can last longer than expected. But the closer markets get to mania, the more important risk management becomes.

💰 Circle raised $222M in a presale for Arc — its new blockchain focused on tokenized finance — at a $3B FDV valuation

The round was led by a16z, with participation from BlackRock, Apollo, ARK Invest, Standard Chartered, SBI Group, and other major financial players. 💵

Circle will receive 25% of Arc’s initial 10B token supply, while 60% is reserved for users, developers, and ecosystem participants.

Arc is being positioned as a public blockchain built specifically for large financial institutions. With this move, Circle is aiming to expand far beyond USDC and become a core infrastructure provider for tokenized financial services.

The bigger bet: Circle believes that eventually “every company in the world” will be tokenized, with digital tokens becoming the standard way businesses interact with investors and customers.

🤖 Michael Burry says today’s market is starting to look a lot like the final stage of the 1999–2000 dot-com bubble

According to Burry, the market has become completely obsessed with AI, while stocks increasingly ignore economic data and continue rising simply because they were already going up before.

He compared the current rally in the semiconductor index SOX to the tech mania before the 2000 crash. The index is already up more than 65% in 2026 alone, including a 10% jump in just one week. 🧐

Macro investor Paul Tudor Jones agrees that the AI boom resembles 1999, but believes the rally could continue for another 1–2 years before a major correction hits. 📉

His warning: if valuations keep expanding, the eventual sell-off could be “breathtaking.”

P.S. Michael Burry’s story inspired the movie “The Big Short.” 🎲

💰 Strategy added another 535 BTC worth ~$43M at an average price of $80,340 per coin

As of May 10, the company now holds 818,869 BTC — nearly 4% of Bitcoin’s total supply — acquired for a total of $61.86B at an average cost basis of ~$75,540. 💵

What makes this buy notable is its relatively small size compared to Strategy’s previous acquisitions. Just a week earlier, the company skipped its regular BTC purchase cycle, while also warning that it may need to sell part of its Bitcoin holdings in the future to cover dividends tied to STRC. 🤔

Even so, Michael Saylor’s company continues steadily increasing its Bitcoin position despite growing discussions around leverage, dilution, and sustainability.