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SEC Crypto Task Force discusses securities tokenization with Nasdaq, DeFi startups
Last week, the US Securities and Exchange Commission's (SEC) Crypto Task Force intensified studies on how public blockchain technology can support the issuance and trading of tokenized securities. The group held separate meetings with Nasdaq, Plume Network, and Etherealize on how securities can be issued and traded on public blockchains. All three meetings resulted in […]
Crypto groups urge US regulators to clarify staking stance
Cryptocurrency industry groups are urging the US Securities and Exchange Commission (SEC) to issue formal guidance on staking, citing continued regulatory uncertainty for Web3 infrastructure providers, according to Allison Muehr, head of staking policy for the Crypto Council for Innovation, a trade group. Clarifying the SEC’s position on staking has become a top priority for […]
Bitcoin, ETH, XRP, SOL, HYPE and DOGE look ready to rally
Key points: Bitcoin ETPs continue to witness solid buying, signaling that the bulls expect the uptrend to continue. Several major altcoins witnessed a pullback, but lower levels continue to attract buyers. Bitcoin (BTC) is attempting to sustain above $109,588, indicating buying on every minor dip. Bitcoin has risen for seven consecutive weeks, and if buyers […]
Bitcoin consolidates below all-time high as profit-taking, tariff risks cool price momentum
Bitcoin (BTC) is experiencing a healthy consolidation phase after last week’s record high of $111,880, but it still faces threats from significant profit-taking movements. According to a May 26 “Bitfinex Alpha” report, strong spot demand and steady exchange-traded fund (ETF) inflows lifted BTC more than 50% from early-April lows before President Donald Trump’s tariff threat […]
Trump Media reportedly plans $3B raise for crypto buys via equity raise, bond backing
Trump Media and Technology Group (TMTG) plans to raise $3 billion to purchase Bitcoin (BTC) and other crypto, as the Financial Times reported. The report cited six people briefed on the transaction, who said the company intends to sell about $2 billion in new equity and another $1 billion of convertible bonds. Additionally, the sources […]
Crypto trader loses $2.5 million USDT after falling for address poisoning scam twice
A crypto trader lost over $2.5 million worth of Tether (USDT) after falling for the same scam twice within hours. On May 26, blockchain security firm Scam Sniffer reported that the first error occurred when the trader copied a manipulated wallet address from their transaction history. This resulted in a transfer of $843,000 to the […]
Strategy acquires another 4,020 BTC following Bitcoin’s new ATH
Strategy has acquired an additional 4,020 BTC for $427.1 million at an average purchase price of $106,237 per Bitcoin. According to a May 26 statement, Strategy funded its latest Bitcoin purchase by selling several equity instruments between May 19 and 25. This included 847,000 shares of its Class A common stock (MSTR), generating $348.7 million […]
Crypto ETPs saw $3.3 billion in inflows last week as BTC and ETH surged
Digital asset investment products attracted $3.3 billion in inflows last week, marking the sixth consecutive week of gains. According to CoinShares‘ latest weekly data, this brings total inflows over the past six weeks to $10.5 billion and year-to-date (YTD) flows to a record $10.8 billion. CoinShares' head of research, James Butterfill, noted that investor demand has […]
Pakistan to allocate 2,000 MW for Bitcoin mining and AI data centers
Pakistan will allocate 2,000 megawatts of electricity for Bitcoin mining and artificial intelligence (AI) data centers. According to a Bloomberg report, the Pakistan Crypto Council (PCC) overseeing the project confirmed that three underutilized coal-powered plants, currently operating at just 15% capacity, will be repurposed to support this initiative. This development is part of the government's […]
Solana following Bitcoin? Network activity, chart pattern point to $300 SOL price
Key takeaways: Solana's $9.4 billion TVL is a 54% increase since April 7. Solana’s memecoin daily trading volume has more than doubled since early April. A bullish V-shaped recovery pattern projects SOL price to rise toward $300. Solana’s native token, SOL, surged 86% between April 7 and May 26, following a broader altcoin market rally that also […]
Dubai chooses XRP Ledger to power new real estate tokenization initative
The Dubai Land Department (DLD) has selected XRP Ledger (XRPL) to power its landmark real estate tokenization initiative. The announcement, made on May 25, introduces several new partners to the project, including the Dubai Future Foundation, real estate investment platform Prypco, and blockchain infrastructure firm Ctrl Alt. Ctrl Alt will oversee the tokenization framework, ensuring […]
Bitcoin price rebound to $110,000 wipes out $1 billion short on Hyperliquid
Bitcoin saw a mild bounce during early trading in Asia, rising 3% to briefly touch $110,256 before settling at $109,652, CryptoSlate data showed. This uptick followed a weekend pullback from recent record highs. Market analysts suggest that BTC’s price trajectory remains solid, backed by favorable regulatory developments and steady institutional participation. Valentin Fournier, Lead Analyst […]
OpenAI’s o3 model defied shutdown commands in autonomy test
A new study by AI safety firm Palisade Research has revealed that OpenAI's o3 model actively defied explicit shutdown instructions. The research, published on May 24, found that o3 was the only artificial intelligence model tested that repeatedly sabotaged its shutdown mechanism. The firm stated: "OpenAI’s o3 model sabotaged a shutdown mechanism to prevent itself […]
Vitalik suggests Ethereum as a secure digital payment backup as Sweden and Norway shift back to cash
Ethereum co-founder Vitalik Buterin believes that if decentralized networks become more robust and private, they can support national efforts to reduce reliance on cash. In a May 25 post on X, Buterin commented on recent developments in Sweden and Norway, where authorities are rethinking their near-total shift toward digital payments. Both countries have led the […]
Europe is sabotaging its digital money
The following is a guest post and opinion of Sveinn Valfells, Co-founder of Monerium. Mario Draghi is right. Europe hobbles itself with substantial tariffs, including regulations on “the most innovative part of the service sector – digital”. The European Union has done just that by creating tariffs on stablecoins, a practical form of digital money […]
staking, liquid staking tokens and vaulted strategies
The following is a guest post and analysis from Vincent Maliepaard, Marketing Director at Sentora. The Bitcoin market cap recently surpassed $2 trillion, and with over 50 million bitcoin addresses with a balance, the value of the asset is becoming undeniable. However, where traditional currencies like dollars or euros typically pay interest on holdings, Bitcoin […]
Tether to issue separate stablecoin for U.S. despite ‘getting comfortable’ with the Genius Act, CEO says
Tether CEO Paolo Ardoino told Bloomberg on Friday that the company is “open to” creating a separate domestic stablecoin to meet the needs of the U.S. market. The news comes amid the U.S. trying to push through a stablecoin legislation—the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act). The international issuer of […]
Talking beers, bars, and $80 million losses with SportFi pioneer Chiliz’s Max Rabinovitch
It’s not too often that an interview at a crypto conference feels more like meeting a mate for a few beers at a bar. Yet that’s exactly what speaking with Max Rabinovitch, the Chief Strategy Officer of Chiliz, is like. Unhurried and unpretentious, after the high-octane pace of TOKEN2049 week, it feels good to take […]
Hyperliquid's Solana moment is near as HYPE mirrors SOL-like 300% rally structure
Key takeaways: HYPE is mirroring Solana’s 2021 breakout structure, targeting a 240% rally by July. Familiar crypto fractals suggest HYPE could spark similar momentum-driven hype. Hyperliquid's native token, HYPE, is mirroring a strikingly similar price structure to Solana’s (SOL) early 2021 breakout—one that preceded a 300% rally. HYPE chart fractal targets 240% rally by July […]
Crypto ETFs won’t lose ‘their luster’ as wallet adoption grows — Cathie Wood
ARK Invest CEO Cathie Wood says crypto exchange-traded funds (ETFs) will likely maintain their place in the economy no matter how big crypto wallet adoption becomes over the next decade. “I think ETFs are an important stepping stone because, you know, wallets seem so complicated, so much friction for consumers, they just wanna push a […]