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forklog.media New Bitcoin Reserve Bill Introduced in US Congress

The US House of Representatives has introduced the American Reserve Modernization Act of 2026 (ARMA). The document proposes to formally establish a strategic bitcoin reserve under the management of the Treasury Department. The primary authors are Republican Nick Begich and Democrat Jared Golden. ARMA provides for the creation of a strategic bitcoin reserve within the US Treasury and separate repositories for other crypto assets. Federal agencies will be required to provide full accounting and transfer coins for centralized storage by the department. The bill includes: quarterly public reports on reserves; independent audits; oversight by Congress. The bitcoins in the reserve are proposed to be held for no less than 20 years. Sales are permitted only to reduce national debt. The bill also enshrines the right of US citizens to own digital assets, store them independently, and transfer them without restrictions. ARMA is based on President Donald Trump's executive order of March 6, 2025, which called for the creation of a strategic bitcoin reserve. At that time, authorities ordered the transfer of the first cryptocurrency, confiscated in criminal and civil cases, into the reserve.  The Treasury and the Department of Commerce were also tasked with exploring budget-neutral ways to purchase additional coins without taxpayer expense. Notably, the new bill lacks a target reserve value of 1 million BTC. Such a provision was included in the earlier BITCOIN Act authored by Senator Cynthia Lummis.  In May, Trump signed an order to integrate digital assets into the traditional financial system and review the rules for crypto companies' access to payment infrastructure.

forklog.media StablR’s EURR and USDR Stablecoins Lose Peg After $2.8 Million Hack

The European issuer of stablecoins, StablR, has fallen victim to a hack resulting in the theft of at least $2.8 million. This was highlighted by Blockaid. 🚨Community Alert Blockaid's exploit detection system has identified an ongoing exploit on @StablREuro. ~$2.8M extracted so far.Both tokens are depegged: 0x50753cfaf86c094925bf976f218d043f8791e408 (StablR Euro) and 0x7b43e3875440b44613dc3bc08e7763e6da63c8f8 (StablR USD) on…— Blockaid (@blockaid_) May 24, 2026 The attack on the smart contracts of the two coins — EURR and USDR — was also reported by the well-known on-chain investigator ZachXBT. According to his information, the perpetrator funded the operation through the cross-chain bridge CCTP on the Noble platform from the Cosmos ecosystem.   Preliminary findings from Blockaid experts suggest the hacker compromised the private key of one of the multi-signature owners for minting coins. Due to a weak threshold (1 out of 3), the attacker needed only one account to gain full control over the system. Consequently, he: added himself as an owner and replaced two other legitimate participants; issued 8.35 million USDR and 4.5 million EURR. The coins, with a nominal value of about $10.4 million, were exchanged on decentralized exchanges for 1115 ETH (~$2.8 million) due to low liquidity. “This is not a bug in the smart contract — it is a failure in key management and governance,” concluded Blockaid specialists. They, along with ZachXBT, noted that the StablR team did not respond to the attack for at least several hours. As a result of the incident, the company's stablecoins lost their peg to the underlying assets. At the time of writing, EURR is trading at $0.93 (-20% from nominal), while USDR is at $0.97 (-3%). The euro-based coin's market capitalization is $10.9 million, and the dollar asset's supply is approaching $20.7 million. In May, there have been at least a dozen attacks on crypto projects. Among the affected are TrustedVolumes, THORChain, Verus, Echo Protocol, and Polymarket. Back in April, the industry set a record for the number of hacks — over 20 incidents in a month.

news.bitcoin.com MiCA Decoded: Comparing MiCA (EU) to VARA (Dubai) and MAS (Singapore)

You would be wrong to assume that major crypto licensing regulations are converging to the same point. On the opposite: they tend to focus on area-specific goals. MiCA Decoded is a 12-article weekly series for Bitcoin.com News, co-authored by LegalBison’s Co-Founding and Managing Directors: Aaron Glauberman, Viktor Juskin and Sabir Alijev. LegalBison advises crypto and […]

news.bitcoin.com Is Crypto a Security? The 2026 Guide to US Digital Asset Law (Part One)

This research report originates from a multi-part series titled Law and Ledger, which examines one of the most important and unsettled questions in digital-asset law: when, and under what circumstances, crypto falls within the reach of U.S. securities regulation. Written by: Michael Handelsman and Alex Forehand for Kelman.Law This research report contains five additional sections. […]

news.bitcoin.com A $1 Billion Fix for Ethereum? Dev Proposes a Radical New Organization to Save ETH

As the Ethereum Foundation undergoes restructuring, a debate on social media is pitting industry figureheads against one another to discuss the state of Ethereum and how it might be “saved.” Dankrad Feist, an Ethereum developer, proposes the rise of an organization “economically aligned” with the project. Ethereum at a Crossroads: Leadership Crisis Ethereum, the second-largest […]

news.bitcoin.com Tokenized Asset Market Tops $34 Billion as Treasurys Lead 10x Surge

The tokenized asset market topped $34 billion as U.S. Treasury products led a rapid expansion across blockchain-based finance. Market data showed the sector has grown more than tenfold from mid-2024 levels, while institutional adoption broadened across digital asset infrastructure and settlement systems. Tokenized Treasury Products Drive Rapid Market Expansion The tokenized asset market has surpassed […]

news.bitcoin.com FDIC Board Advances Proposed Bank Secrecy Act Rule for Stablecoin Issuers

The FDIC advanced a proposed rule that would set Bank Secrecy Act and sanctions compliance standards for bank-linked stablecoin issuers. The measure would apply to FDIC-supervised stablecoin issuers and include anti-money laundering oversight, Treasury Department consultation, and enforcement provisions. FDIC Advances Stablecoin Compliance Rule Under GENIUS Act The Federal Deposit Insurance Corporation (FDIC) announced on […]

news.bitcoin.com Binance CEO Says Tokenization Nears Turning Point as 12–18 Months Look Defining

Binance CEO Richard Teng said tokenization is nearing a major turning point as regulation, institutional access, adoption, and market infrastructure converge. He said the next 12 to 18 months could define tokenized finance. Tokenization Outlook Centers on Regulation and Access Binance CEO Richard Teng shared on X on May 21 that tokenization is approaching a […]

blockonomi.com Binance TradFi Perp Volume Hits $60B Weekly as Market Share Climbs to 10.3%

TLDR: Binance’s 51 TradFi perp pairs generated $60.3B of the exchange’s $585.3B total weekly perp volume. Energy leads TradFi perp penetration in May, with Brent crude alone reaching 10.4% of global equivalent volume. Equity perps show rapid adoption — CBRS hit 1.7% market share within four days of its Nasdaq listing TradFi perp composition shifted [...] The post Binance TradFi Perp Volume Hits $60B Weekly as Market Share Climbs to 10.3% appeared first on Blockonomi.

blockonomi.com AI Revenue Loop: Are Big Tech Cloud Deals Built on Circular Accounting?

TLDR: OpenAI and Anthropic make up over half of Big Tech’s $2 trillion future cloud backlog combined. Microsoft’s $13B OpenAI investment returned as cloud credits, then recorded as fresh revenue by Microsoft itself. Alphabet’s Q1 2026 record profit included $28.7B in unrealized paper gains tied to its Anthropic stake. Oracle has 54% of its entire [...] The post AI Revenue Loop: Are Big Tech Cloud Deals Built on Circular Accounting? appeared first on Blockonomi.

news.bitcoin.com Grayscale Names 4 Crypto Networks Poised to Gain From CLARITY Act

Grayscale identified Ethereum, Solana, BNB Chain, and Canton Network as blockchain networks positioned to benefit from clearer U.S. digital-asset rules, including potential passage of the CLARITY Act. The research cited tokenized assets, DeFi, stablecoins, and institutional infrastructure as key areas of potential demand. Crypto Networks to Benefit From CLARITY Act Passage Grayscale shared a research […]

news.bitcoin.com Robert Kiyosaki Warns ‘Crash Imminent’—Cites Jim Rickards in Extreme Forecast

Robert Kiyosaki warned that a financial crash is imminent, pointing to Jim Rickards’ gold outlook and his own silver forecast. The Rich Dad Poor Dad author said investors should prepare before panic spreads across markets. Kiyosaki Warns of Imminent Crash as Gold Forecast Draws Attention Robert Kiyosaki warned on May 22 that a financial crash […]

news.bitcoin.com Arthur Hayes-Linked Wallet Deposits $6.33M in HYPE to Bybit After Calling $150 Target

A wallet linked to prominent crypto fund manager Arthur Hayes deposited 115,453 HYPE tokens worth $6.33 million into Bybit, just weeks after he publicly called for the token to reach $150. The $150 Call vs. the Bybit Deposit A wallet attributed to Arthur Hayes, co-founder of the BitMEX derivatives exchange and managing partner of crypto […]

bitcoinist.com Ethereum’s Consolidation Could Be Setting The Stage For Expansion

Ethereum’s recent period of consolidation may be doing more than simply slowing price action. After a strong rally, ETH has entered a range-bound structure where buyers and sellers continue to battle for control, allowing the market to absorb gains and establish new support levels. Similar periods of consolidation have often preceded significant directional moves, particularly […]

blockonomi.com Strategy MSTR Bitcoin Valuation Could Reach $388B by 2030, Analyst Projects

TLDR: Bitcoin currently trades at 1.26x its 4YMA, placing it at the 33rd percentile of all historical valuations. Strategy’s 843,738 BTC stack is projected to reach $388B by 2030 under the median historical multiple of 1.87x. Even the floor case, with BTC at its 4YMA and no premium, values Strategy’s holdings at $207 billion. Strategy’s [...] The post Strategy MSTR Bitcoin Valuation Could Reach $388B by 2030, Analyst Projects appeared first on Blockonomi.

news.bitcoin.com Bitcoin Tops $77K as Trump Weighs Iran Move, Polymarket Peace Bet Hits $154M

Prediction market traders on Polymarket have placed more than $154 million in bets on whether the United States and Iran will reach a permanent peace deal in 2026, as President Donald Trump described his decision as a “solid 50/50” between accepting a diplomatic agreement and resuming military strikes. Bitcoin rose 1.5% on the news, reclaiming […]

blockmanity.com Bitcoin’s Epic 930% Surge: Why Ark Invest Believes This Crypto Could Hit $800K by 2030

Bitcoin’s Epic 930% Surge: Why Ark Invest Believes This Crypto Could Hit $800K by 2030 Bitcoin stands as the biggest name in the crypto world. With a huge market value, many investors watch its every move. Now, Cathie Wood’s firm […] The post Bitcoin’s Epic 930% Surge: Why Ark Invest Believes This Crypto Could Hit $800K by 2030 appeared first on Blockmanity.

blockonomi.com U.S. Banks Sitting on $306 Billion in Unrealized Losses Amid Rising Rate Pressures

TLDR: U.S. banks are carrying $306 billion in unrealized losses tied to long-term bonds bought during low-rate years. Rising interest rates caused bond prices to collapse, leaving bank balance sheets significantly weaker than reported. Depositors are shifting cash to money markets and Treasuries, draining traditional banks of a key funding source. Commercial real estate stress [...] The post U.S. Banks Sitting on $306 Billion in Unrealized Losses Amid Rising Rate Pressures appeared first on Blockonomi.

news.bitcoin.com Trader Books $4.6M Profit on HYPE, ZEC, and ETH Longs Then Opens a $74.84M Bitcoin Short

Pseudonymous onchain trader ‘Evaded’ has closed all long positions across HYPE, ZEC, and ETH for a combined $4.6 million profit. He then immediately opened a 990- bitcoin short position worth $74.84 million on Hyperliquid. The Flip: From Bull to Bear Evaded exited long positions in HYPE, ZEC, and ETH, locking in a combined $4.6 million […]

bitcoinist.com Everyone Is Calling For Lower Bitcoin Price: Why This Is The Perfect Time To Go Parabolic

A crypto analyst has said that almost everyone in the market has turned bearish on the Bitcoin price, as it continues to face heavy volatility following its last rejection near $83,000. However, while most market participants hold negative outlooks, this analyst holds a different view. He believes that Bitcoin is not heading for a decline […]

news.bitcoin.com Galaxy Digital Faces Bitgo in Court Over $1.2 Billion Deal Gone Wrong

Galaxy Digital founder Mike Novogratz and Bitgo CEO Mike Belshe testified this week in Delaware Chancery Court over a failed $1.2 billion merger that collapsed in 2022, with Bitgo seeking at least $100 million in damages. Bitgo CEO Mike Belshe Challenges Galaxy Digital’s 2022 Merger Termination in Court The case traces back to May 2021, […]

cryptobriefing.com India commits to $500B in US goods over five years, but the fine print tells a different story

The non-binding nature of India's $500B purchase intention highlights potential volatility in US-India trade relations, impacting market expectations. The post India commits to $500B in US goods over five years, but the fine print tells a different story appeared first on Crypto Briefing.

news.bitcoin.com Chun Wang Steps Away From F2Pool to Lead SpaceX’s 2-Year Interplanetary Starship Flight

F2Pool co-founder Chun Wang has been named Mission Commander for SpaceX’s first crewed interplanetary Starship flight, a roughly two-year mission targeting a high-altitude Mars flyby without landing. SpaceX Taps F2Pool’s Chun Wang to Lead First Commercial Interplanetary Crew Mission SpaceX confirmed Wang’s appointment on May 22, 2026. The mission will carry a crew beyond the […]

bitcoinmagazine.com The History and Future of Physical Bitcoin

Bitcoin Magazine The History and Future of Physical Bitcoin Bitcoin is invisible code — but for over a decade, creators have turned it into coins, cards, and USBs you can touch. Here’s how close we’ve gotten to real, cash-like BTC. This post The History and Future of Physical Bitcoin first appeared on Bitcoin Magazine and is written by Juan Galt.

bitcoinist.com Stablecoin Regulation: FDIC Announces New Proposed AML Rules For Issuers

As crypto regulations continue to take shape in the US, the Federal Deposit Insurance Corporation (FDIC) has issued a notice of proposed rulemaking to extend Bank Secrecy Act (BSA) and economic sanctions compliance standards to FDIC-supervised Permitted Payment Stablecoin Issuers (PPSIs). The move aims to bring digital asset issuers further within the compliance architecture that […]

blockonomi.com CFTC Chair: U.S. Government Cannot Seize Your Crypto Assets

TLDR: CFTC Chair Michael Selig says the government cannot and should not seize people’s crypto assets. The Genius Act is now law, while the Clarity Act pushes forward to protect crypto market structure.  Bitcoin, Ether, Solana, and Zcash are classified as digital commodities under CFTC guidelines. Selig confirms the chance of crypto being made illegal [...] The post CFTC Chair: U.S. Government Cannot Seize Your Crypto Assets appeared first on Blockonomi.