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According to ChainCatcher, Bloomberg cited a Jefferies LLC report stating that a hacker attack over the weekend, which siphoned nearly $300 million from small crypto projects and triggered a $10 billion bank run on the largest decentralized lending platform, could dampen Wall Street’s interest in blockchain technology. Andrew Moss, an analyst with Jefferies' digital asset research team, pointed out that banks, asset management firms, and payment institutions have been developing blockchain products similar to the technological systems exploited by North Korean hackers over the past year. Although the report believes this incident is unlikely to spill over into traditional financial markets, it warns that traditional financial institutions may pause and re-evaluate related risks before further advancing blockchain initiatives.

Foresight News reported that Base has announced its first independent network upgrade, Base Azul, is now live on the testnet, with a target mainnet activation date of May 13, 2026. This upgrade marks Base's first network-level upgrade independent from OP Stack. According to the official statement, Azul will improve security, performance, and developer experience in three ways: Base will enable a multi-proof mechanism through Azul, base-reth-node will become its sole execution client, and it will adopt the latest execution layer specification (Osaka) to maintain consistency with Ethereum. Users are not required to take any action for this upgrade. In addition, Base announced that the next two upgrades are expected to focus on performance at the end of June and user experience at the end of August. In mid-May, Base will also launch Base Vibenet, a public development network for developers to test upcoming features and provide early feedback.

According to ChainCatcher, HIVE Digital's wholly owned subsidiary HIVE Bermuda 2026 Ltd. has completed a $115 million private placement of zero-coupon senior exchangeable bonds (including a $15 million over-allotment). The bonds will mature in 2031. The initial exchange price is approximately $2.57 per share, representing a 17.5% premium over the latest trading price; the company simultaneously completed a capped call transaction, with the cap price at $4.92 per share, a 125% premium. In addition, HIVE Digital plans to transfer its stock listing from the TSX Venture Exchange to the Toronto Stock Exchange around 2026, subject to meeting listing requirements.