Clarity Act concerns from law enforcement are overblown, House Majority Whip Tom Emmer said. House Majority Whip Tom Emmer said law enforcement groups are overstating their concerns about crypto developer protections embedded in the legislation. He called the objections a…

Verus had offered to drop investigations and not press charges if the attacker returned the stolen funds within a 24-hour deadline.

The relaxation of listing rules to attract IPOs may compromise market stability, posing risks to investors and challenging regulatory oversight. The post NYSE Group president Lynn Martin questions integrity of rule changes to attract listings appeared first on Crypto Briefing.

The exploit highlights the critical need for robust security practices in crypto platforms, as trust hinges on operational integrity. The post Polymarket hit by $700K exploit of internal top-up wallet appeared first on Crypto Briefing.

Earlier this week, Pyth Network disabled full functionality of its Pyth Core service after having a several hour (in the limited case where obligations are constrained to integers and if we again ignore the possibility that overleverage may result in unjustifiably losing money on the margin calculations, a big “if”: actual assets may also be traded as “currency” in BTC form using some type of asset management) The network mentioned that Pyth Core returned to normal functioning approximately around 1 PM UTC post the disruption. The downtime affected the legacy oracle framework that still services a percentage of DeFi protocols The post PYTH Core Resumes Operations Following Outage Amid Accelerated Migration To Pyth Pro appeared first on The Merkle News.

Iran's rejection complicates diplomatic efforts, potentially destabilizing U.S.-Iran relations and impacting regional geopolitical dynamics. The post Iran rejects US demand to hand over enriched uranium appeared first on Crypto Briefing.

SpaceX's potential IPO could significantly influence market dynamics, investor strategies, and regulatory landscapes, shaping future tech valuations. The post SpaceX nears $1.8T IPO as market confidence grows appeared first on Crypto Briefing.

Representative James Comer asked CEOs of two major prediction market companies for information on their responses to insider trading after “suspiciously timed trades” related to US military actions against Iran.

Crypto ETF markets remained under sustained pressure on Thursday as bitcoin funds extended their losing streak to five straight sessions and ether ETFs marked a ninth consecutive day of outflows. XRP and solana products, however, continued to attract fresh capital, reinforcing a growing split in investor appetite. XRP ETFs Add $8.8M as Bitcoin and Ether […]

• #bitcoin

Harbor Capital is trying to slice the AI boom into lab-branded trades, filing for a suite of active “Lab ETFs” tied to Anthropic, DeepMind, Meta, OpenAI and xAI ecosystems. Harbor Capital has filed for five actively managed “Lab ETFs” that…

The linkage of uranium delivery to sanctions relief could pave the way for renewed US-Iran diplomacy, impacting regional stability. The post Iran links uranium delivery to sanctions relief in nuclear talks: Sky News Arabia appeared first on Crypto Briefing.

Cardano governance is in crisis as an 81% stake majority opposes a 32.9 million ADA research funding proposal. A Cardano governance crisis has emerged on-chain as an 81% active stake majority is currently opposing a 32.9 million ADA proposal to…

• #Cardano

Iran's stance may heighten geopolitical tensions, hinder diplomatic progress, and reduce chances of a timely resolution on nuclear issues. The post Iran refuses to discuss nuclear details, stalling US-Iran talks appeared first on Crypto Briefing.

The investigation into prediction markets could lead to stricter regulations, reshaping the industry and impacting trading practices significantly. The post House Oversight chair probes Kalshi, Polymarket over insider trading concerns appeared first on Crypto Briefing.

TLDR IREN co-founder Daniel Roberts said AI growth is now limited by infrastructure rather than chips. He identified power, land, cooling, and data centers as the main constraints facing AI expansion. IREN is building a three-layer platform covering infrastructure, compute systems, and software tools. The company has secured about 5 gigawatts of grid-connected capacity across [...] The post IREN Executive Flags Infrastructure as Key Barrier to AI Expansion appeared first on Blockonomi.

Momentum has continued to fade for Bitcoin following a broader market pullback, which has kept its price below the $80,000 mark. During the ongoing waning price action, one aspect of the market that is drawing significant attention is the activity of Bitcoin Long-Term Holders. Bitcoin Long-Term Holders Tighten Grip On Circulating Supply Bitcoin long-term holders […]

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A potential 15% S&P 500 drop amid inflation could trigger a shift from equities to bonds, impacting asset valuations and investor strategies. The post Zweig-DiMenna warns S&P 500 could drop 15% amid inflation threat appeared first on Crypto Briefing.

Dell stock hit a new record as analysts raised AI server targets before earnings, extending its 2026 rally. The post Dell jumps 16% as AI server optimism drives new record high appeared first on Crypto Briefing.

TLDR Trump Media transferred 2,650 bitcoin worth about $205 million to Crypto.com. The transaction took place during late U.S. evening hours based on blockchain data. Trump Media originally purchased 11,542 BTC for about $1.37 billion at a higher average price. Bitcoin currently trades well below the company’s acquisition cost, leading to large unrealized losses. The [...] The post Trump Media Sends $205M in BTC as Crypto Losses Deepen appeared first on Blockonomi.

• #bitcoin

OKX teams up with ICE to launch 24/7 oil perpetual futures tracking Brent and WTI benchmarks, bringing traditional commodity trading to crypto platforms. The post Crypto Meets Commodities: OKX and ICE Launch Round-the-Clock Oil Perpetual Futures appeared first on Blockonomi.

Smart forex bots gain traction in 2026 as traders seek automated tools to monitor fast-moving currency markets. Trading manually is getting harder and harder to justify, which is why an increasing number of retail traders have started turning to automated…

SMCI stock jumped 17% on Q3 earnings beat, but revenue missed by $2.15B and cash flow turned negative $6.6B. Legal risks and margin pressures linger ahead. The post Super Micro Computer (SMCI) Stock Jumps 17% Post-Earnings — A Turning Point or False Hope? appeared first on Blockonomi.

TLDR OKX and ICE have partnered to launch perpetual oil futures based on Brent and WTI benchmarks. The new contracts will allow continuous trading without expiration or physical delivery of oil. OKX plans to offer the products to its 120 million users in licensed jurisdictions. ICE will supply pricing data to support accurate and trusted [...] The post OKX Partners With ICE to Introduce Never-Expiring Oil Futures appeared first on Blockonomi.

Uber (UBER) stock dropped 1.9% after Bloomberg revealed the company is considering a full acquisition of Delivery Hero, where it currently holds a 19.5% stake. The post Uber (UBER) Stock Dips Amid Reports of Delivery Hero Acquisition Talks appeared first on Blockonomi.

MARA security spending reached $4.3 million in 2025, including $430,000 to armor CEO Fred Thiel’s vehicle. MARA Holdings’ 2026 proxy filing disclosed $4.3 million in total personal security spending for CEO Fred Thiel in 2025, including $430,000 specifically for vehicle…

Micron (MU) stock falls 1% as Virginia facility begins 1-alpha DRAM production. BofA raises target to $950 on AI memory demand. Latest updates inside. The post Micron (MU) Stock Slips Despite Virginia Facility Launching Advanced DRAM Production appeared first on Blockonomi.

Texas Instruments (TXN) stock surged to a 52-week high of $313.15 following strong Q1 results, 90% data center growth, and a bullish $400 analyst upgrade. The post Texas Instruments (TXN) Stock Surges to 52-Week Peak on AI Power Chip Momentum appeared first on Blockonomi.

SHRMiner launches free crypto mining service for BTC, XRP, DOGE, LTC, and ETH passive income seekers. As cryptocurrencies gain increasing popularity worldwide, more and more investors are seeking ways to generate a steady stream of passive income without the need…

• #bitcoin

The transfer was executed on ADI Chain, a layer-2 blockchain designed for institutional payments, treasury operations and trade settlement.

NEAR price surges 50% in a week as AI token momentum, Nvidia optimism and network upgrades fuel bullish sentiment.

TLDR Tom Lee said a wave of mega IPOs led by SpaceX will not crash the S&P 500. He estimated SpaceX, OpenAI, and Anthropic could add trillions of dollars in new equity supply. Lee said the combined IPO supply could equal about 5% to 6% of the S&P 500 market value. He stated that strong [...] The post Tom Lee: SpaceX, OpenAI IPO Supply Manageable for Markets appeared first on Blockonomi.

The regulatory shift could boost US crypto integration, fostering innovation and investment, but risks arise from reduced oversight and potential instability. The post White House ends unnecessary regulations for Bitcoin and crypto appeared first on Crypto Briefing.

• #bitcoin

The possibility of Bitcoin hitting $100,000 before the year runs out has moved from 40% to zero on Kalshi as its traders increasingly turn bearish.

• #bitcoin

MP Materials (MP) gains after Barclays coverage launch. All 18 Wall Street analysts now rate it Buy—a rare perfect consensus. Stock up 220% in 12 months. The post MP Materials (MP) Achieves Rare Perfect Bullish Consensus From All Wall Street Analysts appeared first on Blockonomi.

NEAR Protocol has surged more than 21% in 24 hours to top the day’s major crypto market gainers, while edgeX slipped nearly 8 among the top 100 assets by market capitalization. According to CoinMarketCap’s gainers and losers dashboard, NEAR Protocol…

Bitfire stablecoin ambitions are accelerating even as the Hong Kong crypto firm posts a HK$245 million half-year loss. Bitfire reported a profit warning on May 21 disclosing a net loss of up to HK$245 million ($31.28 million) for the six…

The Zcash upgrade roadmap includes three advances targeting a 300% speed boost as ZEC gained 73% in a month. The Zcash Foundation outlined a three-pronged technical roadmap building toward NU7, its ninth planned network upgrade. The SEC also closed its…

A permanent toll on the Strait of Hormuz could exacerbate global inflation, impacting energy markets and increasing demand for inflation hedges. The post Iran and Oman negotiate permanent toll system for Strait of Hormuz, raising energy price and inflation concerns appeared first on Crypto Briefing.

TLDR Pi Network said it has addressed a major crypto problem by focusing on real user utility instead of speculation. The team stated that many crypto tokens lack real use and exist mainly for fundraising purposes. Co-founder Chengdiao Fan criticized the industry for enabling value extraction without enough value creation. Pi Network said its token [...] The post Pi Network Unveils Plan to Fix Crypto’s Longstanding Utility Gap appeared first on Blockonomi.

Qualcomm (QCOM) stock rallies 12% after Stellantis expands Snapdragon chip deal and aiMotive joins Qualcomm Technologies. Melius ups target to $220. The post Qualcomm (QCOM) Stock Soars 12% Following Major Stellantis Automotive Partnership Expansion appeared first on Blockonomi.

Rep. James Comer, Chairman of the House Committee on Oversight and Government Reform, sent letters to Polymarket and Kalshi to ascertain the measures these platforms are taking to curb these practices. Comer referred to the prediction markets ecosystem as the “Wild West.” Rep. James Comer Launches Probe On Insider Trading Happening On Prediction Markets Kentucky […]

TLDR Binance rejected a Wall Street Journal report linking it to Iran-related financial activity. The report claimed Babak Zanjani used Binance to process about $850 million in transactions. Binance said the report misrepresented its role and included inaccurate information. CEO Richard Teng stated the transactions occurred before any sanctions were applied. The company said it [...] The post Binance Disputes Report on Iran-Linked Crypto Activity Network appeared first on Blockonomi.

Strive’s Bitcoin linked preferred stock SATA is emerging as a key credit market instrument while its common equity ASST gains traction in public markets, reshaping how institutions finance large Bitcoin treasuries through yield bearing securities rather than straight spot purchases.…

• #bitcoin

Korea Post's strategic shift to AI data centers and real estate highlights a growing institutional focus on tech infrastructure, impacting global investment trends. The post Korea Post pivots to AI data centers and real estate to offset mounting postal losses appeared first on Crypto Briefing.

The rise of tokenized funds on blockchains signals a transformative shift in capital markets, enhancing liquidity and reducing volatility. The post Onchain market cap of tokenized funds hits $32.4B, led by Ethereum appeared first on Crypto Briefing.

TLDR Ripple minted $200 million worth of RLUSD on the XRP Ledger, marking the largest single mint in the network’s history. The company also burned $100 million worth of RLUSD on Ethereum on the same day, reducing supply on that blockchain. Total RLUSD minted on XRPL reached $245 million on May 20, while $57.9 million [...] The post Ripple Mints $200M RLUSD on XRPL, Burns $100M on Ethereum appeared first on Blockonomi.

Senator Cynthia Lummis says the CLARITY Act is designed to end the regulatory ambiguity that has dogged American crypto consumers and the digital asset industry for years by clearly defining how tokens and market participants are treated under United States…

TLDR A top Cardano DRep warned he may sell his ADA and leave the ecosystem if the proposal fails. The warning followed disagreement over a $33 million treasury funding proposal submitted by IOG. Chris O criticized another DRep for abstaining and urged a reconsideration of the vote. He said those opposing the proposal could be [...] The post Cardano DRep Threatens Exit If $33M ADA Proposal Fails Vote appeared first on Blockonomi.

• #Cardano

Bitcoin Magazine Trump Media (DJT) Moves to Sell Bitcoin as Losses Reach $455 Million Trump Media & Technology Group transferred 2,650 Bitcoin (~$205 million) to Crypto.com, signaling a likely pending sale. This post Trump Media (DJT) Moves to Sell Bitcoin as Losses Reach $455 Million first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

• #bitcoin

Anchorage Digital launches institutional custody for CADD, Canada's regulated CAD-backed stablecoin, enabling secure on-chain settlement and payments. The post Anchorage Digital Launches Custody Services for Canada’s CADD Stablecoin appeared first on Blockonomi.

Binance CEO Richard Teng refutes WSJ claims about Iran-linked crypto flows, stating transactions occurred before sanctions with full compliance oversight. The post Binance Chief Disputes Wall Street Journal Report on Iran-Related Cryptocurrency Transactions appeared first on Blockonomi.

TLDR Congress has launched an investigation into Polymarket and Kalshi over insider trading concerns. Lawmakers are examining whether government employees used confidential information to profit on prediction markets. The House Oversight Committee has requested internal records from both platforms to assess compliance systems. James Comer said Congress may introduce legislation to restrict government officials from [...] The post Polymarket Faces U.S. Probe Over Possible Insider Trading Activity appeared first on Blockonomi.

Sui's gasless stablecoin transfers could drive broader blockchain adoption by reducing friction, but sustainability and network economics remain key concerns. The post SUI enables gasless stablecoin transfers on mainnet, eliminating need to hold SUI tokens appeared first on Crypto Briefing.

Samsung's AI profit-sharing deal may set a precedent for labor agreements in the semiconductor industry, impacting talent retention and innovation. The post Samsung Electronics reaches tentative union deal to share AI profits with 48,000 workers appeared first on Crypto Briefing.

The incident underscores the critical need for robust operational security in crypto, highlighting vulnerabilities beyond technical exploits. The post Polymarket investigates private key compromise, no contract exploit found appeared first on Crypto Briefing.

Bitcoin headed lower as Wall Street trading began with new record highs for the Dow Jones, while traders warned of weak US demand.

• #bitcoin

Institutional crypto adoption accelerates as Tether expands Bitcoin holdings, miners pivot to AI and Polymarket joins Nasdaq amid $1 billion fund outflows.

• #bitcoin

Bitcoin Magazine Happy Bitcoin Pizza Day, The 16th Anniversary of Laszlo Hanyecz Paying 10,000 BTC For Two Papa John’s Pies Sixteen years ago today, a Florida programmer named Laszlo Hanyecz paid 10,000 Bitcoin for two large Papa John's pizzas. This post Happy Bitcoin Pizza Day, The 16th Anniversary of Laszlo Hanyecz Paying 10,000 BTC For Two Papa John’s Pies first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

• #bitcoin

TLDR Strategy insiders, including CFO Andrew Kang and director Jarrod Patten, sold MSTR shares according to recent SEC filings. Andrew Kang sold 5,597 shares worth about $927,866 after receiving stock through vested restricted stock units. Jarrod Patten sold 5,250 shares valued at roughly $875,087 after exercising stock options at a lower price. Both insiders stated [...] The post MSTR Shares Drop as Strategy Insiders Offload Stock Holdings appeared first on Blockonomi.

Market analyst Ryker has called out XRP as the biggest crypto scam. The analyst alluded to the token’s inflation and how it is currently trading at a high valuation despite supposedly lacking any real utility.  Analyst Calls Out XRP As Scam Crypto Project In an X post, Ryker again warned that XRP is the biggest […]

Polymarket's Japan entry could set a global precedent for prediction markets, influencing regulatory stances and market adoption worldwide. The post Polymarket targets Japan market entry, seeks regulatory approval by 2030 appeared first on Crypto Briefing.

The new Fed chair's challenge with inflation and market confidence could redefine crypto's role as an inflation hedge amid economic uncertainty. The post Bitcoin treads water as new Fed chair inherits a confidence crisis appeared first on Crypto Briefing.

• #bitcoin

Cardano has hit a major milestone of 121 million transactions and eight years of uninterrupted uptime, but the technical achievements are being overshadowed by a brewing governance crisis and a collapsing market cap.

• #Cardano

Iran's actions could destabilize global trade and energy markets, heightening geopolitical tensions and impacting international relations. The post Iran’s intensified control of Strait of Hormuz impacts global shipping appeared first on Crypto Briefing.

Zcash deploys new NU7 testnet, slashing block times by 75% to triple network speeds.

Rising rate expectations and geopolitical tensions could tighten liquidity, impacting risk assets and increasing market volatility. The post US Federal Reserve faces rate hike pressures as stocks rise, dollar nears six-week high amid Iran talks uncertainty appeared first on Crypto Briefing.

Peaq's demo highlights a shift towards autonomous machine commerce, potentially transforming economic models and increasing stablecoin demand. The post Peaq showcases delivery robot making onchain payments using USDT appeared first on Crypto Briefing.

Mario Nawfal’s viral interview casts Patrick Gruhn as one of the few FTX insiders who not only survived but materially profited from the wreckage. Patrick Gruhn, the former CEO of FTX Europe who sold his business to Sam Bankman Fried’s…

Polymarket's security lapse highlights the critical need for robust operational security and key management in the evolving crypto landscape. The post Polymarket investigates suspicious transactions, confirms no contract hack appeared first on Crypto Briefing.

Lagarde's warning highlights the enduring economic shifts post-crisis, affecting inflation, consumer behavior, and market volatility. The post European Central Bank’s Lagarde warns of lagging effects from crises appeared first on Crypto Briefing.

THORChain's recovery plan without token dilution could set a new standard in DeFi, emphasizing security and investor confidence over inflationary fixes. The post THORChain proposes recovery plan after May 15 exploit, no new RUNE minted appeared first on Crypto Briefing.

Germany maintains its one-year crypto tax exemption after parliament rejects Green Party proposal, preserving tax-free status for Bitcoin after 12 months. The post Germany Maintains Crypto Tax Exemption After Rejecting Green Party Amendment appeared first on Blockonomi.

Tetra Digital Group’s CADD, Canada’s first regulated Canadian dollar stablecoin issued by a financial institution, can now be custodied by Anchorage Digital for institutional clients. As of May 22, institutions can now hold CADD through Anchorage Digital, a federally chartered…

MARA spent $4.3 million on CEO Fred Thiel’s security in 2025, including vehicle armoring, as crypto wrench attacks increased globally.

• #bitcoin

ICE and OKX plan to launch oil-linked perpetual futures based on Brent and WTI benchmarks, bringing crypto derivatives further into traditional energy markets under licensing restrictions.

US stocks added roughly $400 billion in value at Friday’s open as traders piled into risk assets on unconfirmed reports that Qatar is helping broker a US Iran peace deal in Tehran. Roughly $400 billion in paper value was added…

Blockchain investigator ZachXBT first pointed to a possible hack, indicating that $520K were drained so far. Polymarket acknowledged the security event and stressed that it was taking action after the compromise of an alleged private key, explaining that user funds were safe. Polymarket Faces Security Event: No User Funds Affected Polymarket, one of the largest […]

The US military presence in Israel signals potential for coordinated actions, impacting regional security dynamics and market perceptions of conflict. The post US military stations aircraft at Israel’s Ben Gurion amid rising tensions appeared first on Crypto Briefing.

The ECB's potential rate hikes could tighten financial conditions, impacting risk assets and crypto markets by reducing liquidity and increasing volatility. The post ECB’s Demarco signals 2026 inflation outlook may rise, hints at potential rate hikes appeared first on Crypto Briefing.

Bitget introduces SPCXUSDT, enabling traders to access SpaceX pre-IPO derivatives with 5x leverage, 24/7 trading, and USDT settlement ahead of Nasdaq listing. The post Bitget Introduces SpaceX Pre-IPO Derivative Trading with SPCXUSDT Contract appeared first on Blockonomi.

The U.S. House Committee on Oversight and Government Reform has opened an investigation into Polymarket and Kalshi over concerns tied to insider trading and wagers allegedly linked to classified information. According to a statement released by the committee, Chair James…

For years, the technical interview has been treated almost like a controlled laboratory experiment. A candidate enters an artificial environment, opens a blank editor, receives a problem, and is expected to produce a correct solution under time pressure. No real […] The post The Next Great Hiring Shift: Developers Will Not Be Judged by How Well They Avoid AI, but by How Well They Work With It appeared first on Blockmanity.

US one year inflation expectations have climbed to 4.8% for May, a reminder that the inflation story is not over and a fresh stress test for the idea that Bitcoin and crypto function as hedges against persistent price pressure. The…

• #bitcoin

Mark Cuban said he has sold most of his Bitcoin, arguing that the asset failed to behave as the hedge he expected during a period of geopolitical stress and dollar weakness. Speaking on Portfolio Players by Front Office Sports, released on May 21, 2026, the billionaire investor said it had “lost the plot” after underperforming […]

• #bitcoin

The UAE's OPEC exit could destabilize oil markets, challenge OPEC's influence, and accelerate shifts toward diversified energy strategies. The post UAE exits OPEC after nearly 60 years, ending three years of quiet deliberation appeared first on Crypto Briefing.

Near Protocol's dynamic resharding could set a new standard for blockchain scalability, pressuring other Layer 1s to adopt similar innovations. The post Near Protocol to automate growth with dynamic resharding upgrade in June, NEAR token surges 27% appeared first on Crypto Briefing.

TLDR: Chair Comer demands Kalshi and Polymarket submit identity and trade records by June 5, 2025. A U.S. soldier was arrested for using classified info to earn $400,000 on Polymarket bets. Over 80 Polymarket users placed suspicious trades hours before U.S. and Israeli strikes in Iran. Comer seeks legislation banning government employees and lawmakers from [...] The post House Oversight Chair Launches Insider Trading Probe Into Kalshi and Polymarket appeared first on Blockonomi.

Representative James Comer, Republican of Kentucky and chairman of the House Oversight and Government Reform Committee, announced a formal investigation into prediction market platforms Polymarket and Kalshi on May 22 — demanding that the CEOs of both companies explain how their platforms detect and prevent insider trading, in a probe triggered by a series of […]

House Oversight Committee investigates Kalshi and Polymarket for insider trading risks, demanding compliance records by June 5 amid suspicious trade allegations. The post House Oversight Committee Launches Insider Trading Investigation Into Kalshi and Polymarket appeared first on Blockonomi.

THORChain has faced criticism from crypto security researchers and investors after proposing to continue using its patched GG20 signing framework following a $10.7 million exploit tied to the system. According to a post-mortem report released by THORChain on Wednesday, a…

On-chain investigator ZachXBT suspected an attack on the UMA CTF Adapter contract associated with Polymarket on the Polygon network. The platform's team confirmed awareness of the incident. According to them, the investigation results indicate a possible leak of a wallet's private key used for internal operations to top up accounts, rather than a breach of contracts or a vulnerability in the core infrastructure.  PeckShield specialists confirmed that funds were withdrawn from two addresses. Part of the stolen assets was sent through the non-custodial exchange ChangeNOW. #PeckShieldAlert #ZachXBT reports that the Polymarket UMA CTF Adapter contract on #Polygon has potentially been exploited. 2 addresses (0x871D…9082 and 0xf61e…4805) have been drained of approximately $520K.The attacker has already deposited a portion of the stolen funds… pic.twitter.com/ogne5K58mC— PeckShieldAlert (@PeckShieldAlert) May 22, 2026 Experts at Bubblemaps noted that hackers were withdrawing approximately 5000 POL every 30 seconds. According to the service, the damage amounted to about $700,000. UPDATE: ~$700k exploited• Suspected withdrawals have stopped• Polymarket said the incident was isolated and user funds are safeThe stolen funds were split across 16 addresses and routed through CEXs and other servicesExploiter addresses:… https://t.co/gSXWv7UywX— Bubblemaps (@bubblemaps) May 22, 2026 Polymarket representative Shantikiran Chanal clarified that the incident is related to rewards payout. We’re aware of the security reports linked to rewards payout. User funds and market resolution are safe. Findings point to a private key compromise of a wallet used for internal operations, not contracts or core infrastructure.More updates to follow.— Shantikiran Chanal (@ShantikiranC) May 22, 2026 The UMA CTF Adapter contract is used for market resolution through UMA's Optimistic Oracle. On GitHub, the project is described as an adapter for obtaining resolution data and completing market conditions. Earlier in May, hacking attacks targeted Ekubo, TrustedVolumes, THORChain, Verus, Echo, and Map Protocol. 

XRP-based investment products attracted around $42 million over the week, while spot bitcoin ETFs in the United States lost more than $1.4 billion and Ethereum funds also faced outflows, according to CoinDesk. XRP rose to $1.37.

• #bitcoin

Starbucks has ceased using its AI program for automating inventory operations due to malfunctioning. This was reported by Reuters, citing sources. The application was introduced nine months ago in all North American stores. The tool was part of CEO Brian Niccol's efforts to address the persistent issue of stock shortages in the coffee chain, which he believed led to a decline in sales. The program, intended to improve deficit control, incorrectly counted and labeled products. For instance, it could confuse similar types of milk or omit them entirely. “As of today, the automatic inventory system will be decommissioned. Milk and beverage components will now be accounted for in the same manner as other product categories in the coffee shop,” stated an internal newsletter seen by Reuters. In February, the company reported improved product availability in stores thanks to the AI application. In a new comment to the agency, the firm stated that the service's discontinuation is linked to a decision to “standardize inventory counting across all coffee shops.” Reuters highlighted that employees welcomed the move away from automatic inventory. The idea “was great, but in practice proved difficult to implement.” Back in June 2024, McDonald’s abandoned IBM's AI technology for automated order taking due to customer complaints.

If Bitcoin drops below $73,786, more than $1.29 billion in leveraged long positions could be liquidated across major centralized exchanges, according to derivatives analytics platform Coinglass. Fresh data from Coinglass show that if Bitcoin (BTC) falls under $73,786, cumulative long liquidation intensity…

• #bitcoin

Aside from HYPE, the other two big weekly gainers are NEAR and VVV.

• #bitcoin

The $10.7 million THORChain exploit was caused by a GG20 vulnerability, which allowed a malicious node to reconstruct a full private key to one of its vaults.

Repeated bridge exploits and shrinking yields are making institutions question whether DeFi’s risks still justify the returns, says Symbiotic’s Putiatin.

SpaceX’s IPO could turn the Mag 7 into a Mag 8, with Tesla and SpaceX comprising 25% of the group's Bitcoin balance-sheet exposure.

• #bitcoin

This collaboration could significantly enhance crypto market liquidity and integration with traditional financial markets, influencing global trading dynamics. The post ICE, OKX team up to bring oil benchmarks to 120 million crypto traders appeared first on Crypto Briefing.

XRP sees one of 2026’s biggest wallet surges with 4,300 new addresses added in a single day.