🇰🇷 CoinEasy | Daily Crypto Brief May 8, Friday 2026 (KST) Today’s Key Takeaway Earnings were shaky, but the day was defined by structural transformation and revised security standards. What Matters Today 1. Block reports $173 million Bitcoin valuation loss despite strong Q1 • Recorded total revenue of $2.91 billion and adjusted EPS of $0.85. • Despite slowdown in Cash App’s Bitcoin business, annual guidance remains raised. 2. Coinbase posts ~$400 million net loss in Q1 • Total revenue fell 31% year-over-year to $1.41 billion. • Brian Armstrong emphasized the shift from a spot-focused platform to a multi-asset trading platform. 3. Hyperliquid Strategies records $165.4 million cumulative net loss over nine months • HYPE treasury valuation losses and buyout costs weighed on results. • However, since December 2025, $216 million has been invested to continue accumulating ~7.3 million HYPE tokens. 4. Solv Protocol replaces $700 million tokenized Bitcoin rail • Decision made to switch from LayerZero to Chainlink CCIP. • Security-first posture has intensified following the recent Kelp DAO exploit. What to Watch • Whether Coinbase’s multi-asset transition translates into tangible revenue improvement. • Whether HYPE treasury expansion triggers additional volatility. • Whether Chainlink CCIP adoption spreads to other protocols. • Whether Block’s raised guidance is confirmed by下半年 earnings. 😀 CoinEasy One-Liner Judgment Right now, direction matters more than numbers. Market sentiment is being shaped more by structural shifts and security decisions than by earnings shocks.