Weekly Market Report. May 1, 2026

🗽 DJ Set #9 – Constantin KoganOfficial LinkA warm Afro House journey recorded live inside one of New York’s most iconic bagel spots, . Deep grooves, tribal rhythms, soulful melodies, and late-night city energy blended with the scent of fresh bagels. Humanity finally discovered culture: carbs plus basslines.From mellow openings to driving dancefloor moments, this set brings Manhattan flavor, rooftop sunset emotion, and underground pulse into one session.

⬤TOP READS

Bitcoin analysts explain why BTC price can’t take out $80KA large overhead supply cluster, increased profit-taking activity and the resumption of spot Bitcoin ETF outflows are key factors keeping BTC price pinned below $80,000. im 47680619?width=700&size=1

Crypto Rushes to Bail Out Decentralized Lender Targeted by HackersCrypto firms are racing to backstop the industry’s biggest decentralized lender after North Korea-linked hackers absconded with $190 million from the platform. 20230411 Hack Generic 4

North Korea accounts for 76% of 2026 crypto hack losses, with theft since 2017 topping $6 billion: TRM LabsNorth Korean actors extracted approximately $577 million through the first four months of 2026, a sum representing 76% of all global cryptocurrency hack losses during the period, according to blockchain intelligence firm TRM Labs.

⬤ WHAT MATTERED

AI & Technology Top AI Companies Agree to Pentagon Deals for Classified Work afabasjfjsfjasl

Elon Musk Concludes Testimony in OpenAI Lawsuit im 93360328?width=700&size=1

Mark Zuckerberg Blames Slower Sales on War, Layoffs on AI Costs in Meeting
Business 20240429 Tether News

Tether posts over $1 billion Q1 profit as reserve buffer reaches record $8.2 billion asfasjasjljlsa

Ark Invest buys $39 million worth of Robinhood shares, offloads $6 million of its own spot bitcoin ETF 20210216 Mining Bitcoin 2 Generic

Luxor, MicroBT deepen ties with $100 million mining rig deal and planned investmentCrypto afafqwwqfadsdsdg

Bitcoin ETFs draw $2B in April for highest monthly inflows this year awfaagagasdvd

BitMine acquires 101,000 ETH despite $6.5B in unrealized losses asfafasbsdgsfgdsa

Did Bitcoin bottom versus gold? BTC price will reach $167K in 2027 if history repeats

⬤ CAPITAL MOVES

…Where capital is quietly positioning.Fun raises $72 million Series A co-led by Multicoin Capital and SignalFireSquads Raises $18M to Expand Stablecoin PlatformExponent Secures $5M Funding to Expand Solana PlatformBlockworks Valued at $192M in Latest FundraiseLiquid Raises $18M Series A for Multi-Asset Trading

⬤ UNDER THE SURFACE

DeFi United Raises $234M for Aave’s Recovery Post-Kelp Hack

After the KelpDAO hack that drained approximately $290M, DeFi United has raised over 100,000 ETH (~$234 million) to aid in Aave’s recovery, highlighting the growing power of community-driven recovery efforts in DeFi. Mantle contributed the largest share with 30,000 ETH, followed by Aave DAO with 25,000 ETH, and about 30,700 ETH was returned by freezing the stolen funds on Arbitrum. This incident highlights the role of decentralized communities in both facilitating and mitigating systemic risk, reinforcing the importance of collective action in DeFi ecosystems. Ethereum’s Network Activity Is Increasing While Price Remains Down

Despite ETH price weakness, Ethereum’s 100-day active address average has reached a new high of 587K, indicating that network activity is on the rise. Historically, rising user engagement combined with a flat or down price rarely stays disconnected for long. This suggests that either Ethereum usage will plateau or the price will eventually catch up. Ethereum is increasingly showing fundamental strength, with usage surging even as price remains suppressed, a strong signal of its long-term value proposition. a16z Crypto Tests AI Agents for DeFi Exploits

A16z’s crypto arm tested AI’s ability to hack DeFi protocols and found that 10% of attempts succeeded, but success rates soared to 70% when the agents were trained on previous exploits. While these AI agents could identify vulnerabilities, they struggled with complex multi-step attacks and occasionally misjudged profit opportunities. The takeaway: AI is proving effective in smart contract audits, bug hunting, and defense, but executing sophisticated DeFi exploits still requires human creativity and coordination. AI is becoming an essential tool in security but has limitations when applied to active exploitation.

⬤ SNAP OF THE WEEEK

⬤ON THE READING LIST

Check the book here!A sharp, highly readable tour of how money, credit, and financial innovation shaped the modern world.Ferguson connects financial history to today’s market behavior. It is timely when capital formation, leverage, and liquidity cycles are driving outsized outcomes across asset classes.Key takeawaysFinancial innovation shapes civilizationsCredit expansion accelerates growth and instabilityCapital markets evolve faster than political systemsFinancial history explains modern inequality and power

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