A TechFlowPost opinion essay argues that crypto’s biggest capital problem in 2026 is not a lack of money, but a lack of shared measurement tools, reporting standards and value-capture mechanisms for public goods. The piece contrasts booming segments such as real-world assets, stablecoins, ETFs, meme tokens and prediction markets with a quieter deterioration in the funding base for open-source tools, security research, DeSci projects and other infrastructure that the industry depends on. It points to the Ethereum Foundation’s retrenchment, Gitcoin’s token collapse, Helium Mobile’s acquisition, VitaDAO’s mismatch between research cycles and token liquidity, and Friend.tech’s collapse as signs that social value is often created without finding a durable path into protocol or token value. The article reviews existing frameworks from traditional finance and impact investing, including ESG, ESGN, GRI, IRIS+, SROI and Digital Public Goods standards, and argues that crypto has failed to build a comparable disclosure and pricing language for projects whose revenue can be zero but whose ecosystem value remains substantial. It then proposes a six-layer framework that runs from economic value and public value to attribution, protocol capture, token capture and market calibration, while warning about impact washing, subjective shadow pricing, governance capture, fake transparency and lagging market recognition.

A new survey from Odin argues that the classic 10-year blind-pool venture fund is under structural pressure, especially for smaller managers. Based on responses from 56 general partners, the report says 84% have already used special purpose vehicles, or SPVs, or plan to do so. Follow-on capital is the dominant use case, with 39 of the 47 respondents who use or expect to use SPVs citing that purpose. The report lays out a case for a hybrid approach: a small fund for early, high-uncertainty bets, paired with deal-by-deal SPVs for selective follow-on rounds. Odin says this setup can lower blended fee drag for limited partners and create tighter alignment between GPs and investment outcomes. In a hypothetical comparison, a $10 million micro-fund backed by SPVs is presented as superior on DPI to a $38.3 million fund making the same investments internally, assuming both portfolios return 4x. Survey data also points to emerging market norms around SPV economics. Management fees of 0%-0.5% were the most common, carry of 16%-20% was the most frequently cited range, and two-thirds of managers said setup and administration costs are passed through to LPs at cost. Odin also proposes a template for aligned SPV terms, including GP commitment of at least 2%, zero management fee, and 10%-20% carry.

A new research note from Shoal Research and Odin argues that the traditional 10-year blind-pool venture fund is losing its grip as smaller managers increasingly combine microfunds with deal-by-deal special purpose vehicles, or SPVs. The premise is straightforward: use a small fund to capture the hardest early-stage bets, then bring in co-invest capital later when a company has clearer traction, stronger metrics, or a more established market position. The article says this hybrid structure can lower blended fee loads for limited partners while keeping general partners focused on the earliest part of the market. It also claims the model aligns incentives better than a single larger fund. In one example, the authors compare a $10 million microfund backed by SPVs with a $38.3 million fund that executes the same strategy internally, and conclude the smaller fund structure can produce better DPI if portfolio outcomes are identical. Odin also surveyed 56 GPs earlier this year. Of those, 39 already use SPVs and another 8 plan to do so, bringing current and prospective adoption to 84%. Follow-on financing was the dominant use case. The piece argues that co-investment is moving toward a standard feature of venture capital, but says both GPs and LPs still need clearer norms on fees, GP commitments, transparency, and allocation priorities.

The Bitcoin and Virtual Asset Development Association will host a forum on May 7, 2026, unveiling a comprehensive blockchain industry map covering over 100 local firms. Panels will tackle stablecoins, Bitcoin ETFs, and regulatory compliance.

Odin Fun co-founder Bob Bodily said the team will issue an update on the security breach within 24 hours and aims to restore trading within 48 hours after earlier abnormal sell-offs and reports of unauthorized BTC and token withdrawals.

Coinbase announces migration from Odin to Kubernetes for scalability, but faces potential cost increases and security risks. The move may affect user fees and platform stability, drawing industry attention.

Coinbase is moving its container orchestration to Kubernetes to enhance scalability, but faces soaring cloud costs and security risks. The exchange may pass expenses to users, while Kubernetes' open nature exposes it to threats. The decision aims for long-term stability but carries short-term uncertainties.

Machi Big Brother Jeffrey Huang addressed Strategy founder and executive chairman Michael Saylor on X, suggesting that he deposit all his Bitcoin into Ethereum and borrow stablecoins to repay debt.