Gate Insights and Crypto Market Analysis

On Thursday, on-chain investigator ZachXBT publicly accused the founder of the AI trading terminal project LAB, Vova Sadkov, of allegedly manipulating the market, offering a $10k bounty to collect related internal information. ZachXBT and on-chain analyst Specter claim that before the token price surged in early May, the LAB team coordinated deposits of LAB tokens worth tens of millions of dollars to exchanges, forming a suspected “pump-and-dump” scheme.

Airbnb raised its full-year revenue growth outlook to the low to mid teens from 12% following a strong first quarter, though the company warned that geopolitical tensions are creating headwinds. According to CNBC, the company reported Q1 revenue up 18% year on year with net income of US$160

CCN reported on May 7 that BlackRock, ahead of the public comment period deadline for the GENIUS Act, submitted a 17-page public letter to the U.S. Office of the Comptroller of the Currency (OCC), requesting that the OCC remove the proposed 20% cap on the proportion of tokenized reserve assets for stablecoin issuers. In the letter, BlackRock directly stated that the restriction is “not related” to the OCC’s considerations of safety and stability.

Advertising technology company The Trade Desk (TTD) saw its stock price plunge again after it released its first-quarter 2026 earnings report on Wednesday. Shares are down more than 40% since the start of the year, and are down as much as 85% from the peak at the end of 2024. Q1 revenue was $689 million, up 12% year over year. The company forecast Q2 revenue of at least $750 million, below market expectations, implying that the Q2 growth rate could fall further to around 8%.

Listed Bitcoin miner American Bitcoin disclosed in its latest quarterly earnings report that in February, it pledged 314 BTC as collateral and paid Bitmain $49.4 million for 80% of the mining equipment purchase. The deal was valued at $125,900 per BTC, but the actual transaction price at the time was below $70k, meaning ABTC effectively bought the mining equipment at an implied discount of about 44%.

Genius Sports reported first-quarter 2026 results after absorbing three of the largest iGaming and sports betting affiliate properties into its sports-data platform, with Casino.org, Casino Guru, and Covers.com now inside the company’s combined media and advertising operation following the May 1

According to the blockchain security firm BlockSec, in a May report titled “Stablecoin Issuer Freezing Risk and Treasury Security Management White Paper,” its USDT Freeze Tracker on-chain statistics show that as of May 7, over the past 30 days Tether has cumulatively added 384 addresses to the blacklist across the Ethereum and Tron networks, involving frozen funds of about $515 million.

Bitcoin (BTC) gave back its midweek gains, temporarily trading at around $79,731 on May 8. Donald Trump Jr. denied rumors that World Liberty Financial is about to collapse, saying the negative narrative is being manipulated by bot clusters. Tom Lee said BitMine is currently evaluating slowing its pace of Ethereum purchases and shifting to stock buybacks.

According to The Block’s report on May 7, JPMorgan Chase managing director Nikolaos Panigirtzoglou and his team of analysts said in their latest report that since the outbreak of the Iran conflict, the asset classes targeted by investors’ “devaluation trades” have been shifting from gold to Bitcoin. Bitcoin ETFs saw net inflows for the third consecutive month in May, while gold ETFs are still struggling to recover from the March outflows.

According to an analysis report by CoinDesk on May 8, Ethereum co-founder Vitalik Buterin’s XDB token exchange transaction on April 30 was sandwiched by the MEV bot jaredfromsubway.eth. The bot deployed $1.14 million worth of WETH token price for this, but after deducting Gas fees, it suffered a net loss.

U.S. and Iranian forces sparked a new round of direct clashes on May 8 in the Strait of Hormuz. The U.S. Central Command said that a U.S. Navy destroyer was attacked by Iran using missiles, drones, and speedboats, and that the U.S. forces immediately retaliated, striking Iran’s missile launch sites, command-and-control centers, and intelligence and reconnaissance nodes, while also carrying out strikes on Bandar Gashm and Bandar Abbas. As geopolitical risk surged sharply, Bitcoin fell below the $80k threshold on Friday, with an intraday low of $79,692.

India and Vietnam agreed to expand cooperation in emerging technologies, research, and startup ecosystems following official talks in New Delhi, with the partnership elevated to an "Enhanced Comprehensive Strategic Partnership" during a state visit by Vietnam's leader To Lam, according to The

AstraZeneca has expanded its partnership with New York-based AI biotech company Immunai through 2027, according to Calcalist. Under the expanded agreement, Immunai is eligible to receive up to $37.5 million in 2026 and 2027 as the drugmaker continues integrating its platform into oncology drug

A federal court has sentenced a California man to 78 months in prison for his role in a social engineering conspiracy that authorities say stole more than $250 million in cryptocurrency. Key Takeaways: Ferro received 78 months for a $250 million RICO scheme targeting U.S. cryptocurrency

Executives at federally regulated banks told a Consensus Miami 2026 panel that crypto companies are increasingly seeking bank licenses as the industry moves toward regulated financial infrastructure. Summary

Michael Saylor's recent comments that MicroStrategy could sell Bitcoin to fund dividends have ignited debate within the crypto community over the company's treasury model. Saylor described a strategy in which the firm buys Bitcoin with credit, allows it to appreciate, and sells a portion to pay divi