Important notice for Blum users
@TacBuild — an external bridge used to move $BLUM from TON to other networks — was exploited today. $BLUM was among the affected assets. The attack happened on the TAC side. Blum's contracts, application, and user funds are not affected.
As a precaution, swaps involving $BLUM on @ston_fi are temporarily paused. All other Blum features are working as usual. $BLUM remains available for trading on centralized exchanges.
We are in close coordination with the TAC team and have notified major exchanges. We will share updates as the situation develops.
Two quiet signals that stablecoins have crossed into mainstream finance this week:
Visa expanded its stablecoin settlement network to 9 blockchains — now processing real cross-border settlements between financial institutions.
Walmart's OnePay announced stablecoin payouts and account funding via Tempo blockchain.
The infrastructure layer is being built — just not where most people are looking.
🔗 https://t.co/ljyTbCCRpM
The best part: exchanges don't care. Compliance & risk control exist to block you from a $100 arb trade — not to stop insiders routing 95% of supply through their order books.
Price manipulation now happens almost every week, with $LAB by @LABtrade_ becoming the latest pump-and-dump token while Bitget continues playing the usual CEX role.
The LAB team, @vsadkovv, appears to control a significant portion of the supply. Wallets linked to the team still hold large allocations:
0x7Cfd8d2d8626B287bEA569b5e65AB5CBb75E9265
0x78a79D0fa0Eaf58741f5Bde7E05b5CC8F33D24d3
0x36FC85Ec486C254c9564d66de8c4210a1A20C291
0xf79ff8a5052E969a6d13E18c4E439fE5202B02Fa
0xB4b74D63F30076870d54aB9E8E6a7D18293273c3
0xe03722dedBf090Ad7A1C8F82ceB86637053E21dd
On April 8, a wallet linked to the team (0xe037) deposited 40M LAB worth $13.6M to Bitget:
0x77156a0a621d2Ac7A075C0AC3172707C2e4aa191
The LAB price started pumping on May 1, but a week earlier wallets linked to the team deposited 96M LAB worth around $63M to Bitget:
0xDd77BFbDc11Cd37fD255AE35A4ac39Df1F9d570a
0x6593aa6c31C88397c37f71259625EC92Fe4EE0bF
This looks coordinated. Gas fees (0.14 BNB) were distributed a week earlier
0x50f2760fd5E6d546EE7dcEB617F33497A3C38593
0x0559694BbB47dbA8Bc3B7ac93004EF401F2da16d
The wallet below has also been aggressively buying $LAB on-chain and depositing to Gate and Bitget, including tokens like $SkyAI, which surged 1000% in the last 30 days:
0x11fc12b988933966688d33B70651B5f2f450963C
It has been weeks since @GracyBitget promised an investigation, yet there has been no public update. If platforms cannot conduct internal investigations, identify coordinated manipulation, or provide transparency on who is behind these activities, confidence in market integrity keeps declining.
ZachXBT still has a reward open for credible intel that lead to identifying the actors behind this operation.
Stay smart.
@CoinDesk@CryptoHayes@Anchorage@consensus2026 Stablecoins would disagree. GENIUS Act exists precisely because the market couldn't self-regulate dollar-pegged instruments at scale. The rest of crypto? Maybe. Stables? Different beast.
4/ The setup: ETF inflows $2.44B in April alone; Exchange reserves near multi-year lows — Whales added 270K BTC in a month.
$75-80K isn't a danger zone. It's where crypto bros build their mid term positions. Geo noise changes daily sentiment, but it doesn't change the structure itself.
3/ What's actually driving the rally: earnings season.
Q1 2026: 84% of S&P 500 beat estimates — highest since 2021. BTC/NASDAQ correlation at 0.96.
When Alphabet, Meta and Amazon print strong numbers, risk-on flows into crypto automatically.
Blum (BLUM) is now live on Binance Alpha!
🌟 Users with at least 230 Binance Alpha Points can claim an airdrop of 700 BLUM tokens on a first-come, first-served basis. If the rewards are not fully distributed, the score threshold will automatically decrease by 15 points every hour.
Please note that claiming the airdrop will consume 15 Binance Alpha Points. Users must confirm their claims on the Alpha Events page within 24 hours; otherwise, it will be deemed that users have given up claiming the airdrop.