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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
05/08/2026 07:11 AM Bitcoin (BTC) Slips Under $80K: Critical Support Zones After $82.8K Rejection
Bitcoin (BTC) slides below $80K after $82.8K rejection despite record ETF inflows. Analysts monitor $80,300 whale level and $85,200 resistance zone.
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05/08/2026 07:05 AM Chainlink Wins $700M Bitcoin Migration From Solv Protocol
TLDR Solv Protocol will migrate $700 million in tokenized bitcoin to Chainlink CCIP for cross-chain transfers. The platform will phase out LayerZero support for SolvBTC and xSolvBTC across multiple blockchain networks. Solv selected Chainlink after reviewing bridge security following recent industry exploits. The decision follows a $292 million exploit involving a LayerZero-powered bridge used by [...]
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05/08/2026 06:57 AM Aptos Commits $50M to Expand Ecosystem and AI Systems
TLDR Aptos Foundation and Aptos Labs committed over $50 million to expand the Aptos blockchain ecosystem. The funding will support products, protocol infrastructure, research, and a strategic fund for trading and AI partners. Aptos said the investment targets institutional-grade onchain markets and autonomous AI systems. Decibel, an onchain perpetuals exchange incubated by Aptos Labs, has [...]
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05/08/2026 06:51 AM Block Inc Shares Up 8% Following Q1 Earnings Beat
TLDR Block Inc shares rose nearly 8% in after-hours trading after the company beat Q1 earnings estimates. The company reported earnings of $0.85 per share, exceeding the $0.68 consensus forecast. Block Inc posted a net loss of $309 million, marking its first quarterly loss since 2023. A 23.8% drop in Bitcoin prices led to a [...]
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05/07/2026 11:18 PM JaredfromSubway Targets Vitalik Buterin in $1M Sandwich Trade
TLDR Vitalik Buterin’s XDB token swap triggered a sandwich attack from the JaredfromSubway MEV bot on Ethereum. The bot executed more than $1 million in trades before and after Buterin’s transaction confirmed. Blockchain data showed the sandwich attack happened in Ethereum block 24993038 on April 30. JaredfromSubway used SushiSwap and Uniswap V2 pools to manipulate [...]
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05/07/2026 11:09 PM Crypto ETF Market Expands With 21Shares TCAN Debut
TLDR 21Shares launched the 21Shares Canton Network ETF on Nasdaq under the ticker TCAN. The ETF provides direct exposure to Canton Coin, the native token of the Canton Network. The Canton Network focuses on privacy-preserving blockchain infrastructure for institutional finance. Major firms, including Goldman Sachs, Microsoft, and DTCC, support Digital Asset, the network’s primary developer. [...]
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05/07/2026 10:58 PM BitMine Plans to Slow ETH Buying Near 5% Supply Goal
TLDR BitMine may slow its Ethereum purchases as it approaches its 5% supply target. Chairman Tom Lee said the company could reach the 5% goal within six weeks at its current pace. BitMine held 5.18 million ETH as of May 3, equal to 4.29% of total supply. The company bought 101,745 ETH in the previous [...]
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05/07/2026 10:49 PM AWS Partners Coinbase, Stripe for USDC Agent Payments
TLDR Amazon Web Services launched Bedrock AgentCore Payments to support automated USDC transactions for AI agents. The company partnered with Coinbase and Stripe to provide wallet infrastructure and blockchain payment rails. Developers can choose between Coinbase and Stripe wallets and fund them with stablecoins or fiat. Coinbase enabled agentic micropayments through the open x402 protocol [...]
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05/07/2026 10:40 PM Coinbase Reports $394M Loss as Revenue Drops 31%
TLDR Coinbase reported a net loss of $394.1 million in the first quarter of 2026. The company recorded a $482 million loss on crypto assets held for investment. Total revenue fell 31% year over year to $1.41 billion. Transaction revenue declined 40% to $756 million during the quarter. Subscription and services revenue dropped 14% to [...]
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05/07/2026 10:29 PM Eric Trump’s Miner American Bitcoin Tops 7,300 BTC
TLDR American Bitcoin increased its Bitcoin holdings to more than 7,300 BTC valued at about $592 million. The company produced 817 Bitcoin in Q1 2026, marking its strongest quarterly output to date. American Bitcoin also purchased around 803 Bitcoin during the quarter to expand reserves. Total Bitcoin reserves grew by roughly 1,600 BTC in a [...]
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