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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
05/18/2026 05:49 AM Verus-Ethereum Bridge Exploit Drains $11.58M in Ongoing Attack
TLDR: Blockaid’s exploit detection system identified an active attack draining $11.58M from the Verus-Ethereum bridge. Peckshield confirmed 103.6 tBTC, 1,625 ETH, and 147,000 USDC were stolen and swapped for 5,402 ETH. GoPlus found the attacker used a low-value transaction to trigger a batch-transfer of all bridge reserves. The attacker’s wallet was pre-funded with 1 ETH [...]
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05/18/2026 05:31 AM Bitcoin On-Chain Signals Show Supply Tightening as Sell Pressure Fades, Binance Research Reports
TLDR: Nearly 60% of Bitcoin supply has not moved in over a year, reflecting strong long-term holder conviction. Exchange-held BTC has fallen to a six-year low as roughly 500,000 coins have permanently left exchanges. The SLRV ratio sits deep in its historical bottom zone, signaling market apathy and low speculation. BTC STH MVRV has reclaimed [...]
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05/17/2026 11:14 PM Pi Network Launches Pi App Studio to Bridge AI Development and Blockchain Distribution
TLDR: Pi Network launched Pi App Studio to simplify AI-powered app creation for both technical and non-technical users. Developers can access tools like Claude Code, Replit, and Cursor to build apps within the Pi ecosystem instantly. Pi Coin trades near $0.1664 with 174 million tokens set for release in May, raising concerns over selling pressure. [...]
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05/17/2026 11:03 PM Stellar Price Prediction Turns Bullish as XLM Eyes Breakout Toward $0.68
TLDR: XLM trades at $0.1517 and has posted a -11.55% weekly decline in pressure. Market structure remains intact as consolidation continues after the prior macro breakout phase. Stellar TVL climbs to $191.6M, supported by tokenization and institutional ecosystem growth. A breakout above resistance could reprice XLM toward $0.681 within a broader bullish structure setup. Stellar [...]
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05/17/2026 10:57 PM Aptos Commits $50M to Build Institutional Trading and AI Infrastructure on Its Blockchain
TLDR: Aptos Foundation and Aptos Labs committed $50M targeting trading systems and autonomous AI workloads on-chain. Funding is split across in-house products, protocol upgrades, ZK research, and an external trading and AI fund. Aptos recorded an all-time low median block time of 28ms on May 12, strengthening its case for high-speed use. A governance vote [...]
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05/17/2026 10:38 PM CME and Nasdaq to Launch Crypto Index Futures on June 8 for Broader Institutional Access
TLDR: CME and Nasdaq will launch the Nasdaq CME Crypto Index Futures on June 8, 2026, pending regulatory approval. The futures contract tracks seven cryptocurrencies: BTC, ETH, SOL, XRP, ADA, LINK, and XLM in one product. CME reported a 43% year-to-date rise in average daily crypto futures volume across its product lineup in 2026. Both [...]
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05/17/2026 10:38 PM Ripple’s Banking Partner, Cross River Bank, Emerges in Elon Musk’s X Money Stack
TLDR: Cross River Bank is listed as the issuer for X Money’s Visa Debit and Flex card beta products. The U.S. bank previously integrated Ripple’s payment protocol for cross-border transfers in 2014. No official material confirms XRP, RLUSD, or Ripple infrastructure inside X Money payments. X continues building its payments expansion through regulated banking and [...]
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05/17/2026 10:17 PM Ethereum Price Prediction: ETH Faces Critical Test at $2,100 Support
TLDR: Ethereum is still trapped inside a descending channel after rejection at macro resistance. The $2,050 to $2,100 zone is now the most important support area for ETH bulls. A rebound from current levels could open the path toward $2,600 and possibly $2,800. ETH/BTC is testing long-term support, increasing focus on a possible altcoin rotation. [...]
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05/17/2026 09:27 PM GENIUS Act Pushes NCUA to Propose Stablecoin Rules for U.S. Credit Unions
TLDR: The NCUA has proposed rules for “Permitted Payment Stablecoin Issuers” under the GENIUS Act framework. The GENIUS Act sets stablecoin standards while the CLARITY Act governs the broader digital asset market. Companies like Metallicus and XPR Network have already built compliant blockchain and stablecoin infrastructure. Regulators are building legal rails for tokenized dollars, instant [...]
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05/17/2026 09:26 PM Cardano Holds Near $0.25 as Weekly Pressure Builds Across ADA Markets
TLDR: ADA price slipped 0.15% intraday amid ongoing short-term weakness Weekly decline extends to 11.05% while market sentiment remains cautious across the crypto space Trading volume holds above $215M, showing steady activity despite price consolidation pressure Market focus stays on the $0.25 support zone as traders assess potential stability or breakdown risk ADA trades at [...]
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