Qualcomm (QCOM) Stock Soars to Record Peak Following Massive ByteDance AI Chip Contract
Qualcomm (QCOM) stock reached a record $247.91, climbing 6%+ after ByteDance agreed to purchase millions of AI chips for its agent software platform. The post Qualcomm (QCOM) Stock Soars to Record Peak Following Massive ByteDance AI Chip Contract appeared first on Blockonomi.
Israel orders mass evacuations in southern Lebanon amid ceasefire breach accusations
Heightened tensions and evacuations in southern Lebanon could destabilize regional peace efforts and increase the likelihood of future conflicts. The post Israel orders mass evacuations in southern Lebanon amid ceasefire breach accusations appeared first on Crypto Briefing.
IRGC shoots down US MQ-9 Reaper drone over Persian Gulf, warns on truce violations
The drone incident heightens geopolitical tensions, potentially impacting global crypto regulations and increasing scrutiny on digital asset flows. The post IRGC shoots down US MQ-9 Reaper drone over Persian Gulf, warns on truce violations appeared first on Crypto Briefing.
Bitmine (BMNR) Shares Surge After $237M Ethereum Buying Spree
Bitmine (BMNR) stock jumped 3.3% after purchasing 111,942 ETH for $237M. The firm now controls 4.47% of Ethereum's circulating supply with 5.4M tokens. The post Bitmine (BMNR) Shares Surge After $237M Ethereum Buying Spree appeared first on Blockonomi.
HTX is Bringing Wall Street Into the Crypto World: Breaking Time Barriers and Reshaping Global Finance
PRESS RELEASE. The evolution of finance is fundamentally a silent revolution focused on breaking barriers and enhancing efficiency. From the ringing bells of the Amsterdam Stock Exchange to the historic prosperity of New York’s Wall Street, traditional finance (TradFi) has built a vast, rigid, and tightly regulated capital operation system over the past centuries. However, […]
NEAR Up 72%, HYPE Hits New ATH, But BlockDAG’s Turbo Presale Token Could Deliver 7,900% Before Exchange Listing
The altcoin market is making its move. NEAR Protocol has surged over 72% in a single week, acting as the tip of the spear for the broader altcoin rotation. Hyperliquid just shattered its all-time high at $64, powered by over $1.16 billion in accumulated protocol buybacks. Capital is consolidating into assets with mechanical reasons to [...] The post NEAR Up 72%, HYPE Hits New ATH, But BlockDAG’s Turbo Presale Token Could Deliver 7,900% Before Exchange Listing appeared first on Blockonomi.
XRP, Dogecoin holders: BlockDAG TURBO unlocks weekly rewards and an 80x gap from $0.0005
XRP and DOGE price action contrasts with rising demand for reward-based presales like BlockDAG TURBO in 2026. XRP is trading near $1.36 with futures open interest hitting a two-month high, while Dogecoin sits around $0.10 with no recurring holder rewards…
Bitmine meets eligibility criteria for Russell 1000 inclusion
Bitmine's potential Russell 1000 inclusion could boost institutional investment, but its reliance on Ethereum's value poses significant risks. The post Bitmine meets eligibility criteria for Russell 1000 inclusion appeared first on Crypto Briefing.
Solana outpaces Hyperliquid in foreign token spot volume, claiming 40% of DEX activity
Solana's dominance in foreign token trading could enhance its network value, attracting more liquidity and solidifying its market position. The post Solana outpaces Hyperliquid in foreign token spot volume, claiming 40% of DEX activity appeared first on Crypto Briefing.
Base launches MCP to connect ChatGPT and Claude agents to onchain wallet actions
Base launches Base MCP, letting ChatGPT and Claude agents connect to Base Accounts for swaps, transfers, portfolios, and app access. The post Base launches MCP to connect ChatGPT and Claude agents to onchain wallet actions appeared first on Crypto Briefing.
CFTC teams up with multiple agencies to crack down on government imposter scams
The collaboration highlights the urgent need for enhanced consumer protection and awareness in the evolving landscape of digital asset markets. The post CFTC teams up with multiple agencies to crack down on government imposter scams appeared first on Crypto Briefing.
Digital Chamber defends OCC’s bank charter approvals for Coinbase, Ripple against Senator Warren’s claims
The OCC's charter approvals could reshape the crypto industry's regulatory landscape, enhancing federal oversight and competitive dynamics. The post Digital Chamber defends OCC’s bank charter approvals for Coinbase, Ripple against Senator Warren’s claims appeared first on Crypto Briefing.
T1 Energy (TE) Stock Rockets 32% to New 52-Week Peak Ahead of Earnings Release
T1 Energy (TE) stock jumped 32% to a 52-week high with options volume surging 8x ahead of earnings. Analysis of the rally, analyst views, and compliance issues. The post T1 Energy (TE) Stock Rockets 32% to New 52-Week Peak Ahead of Earnings Release appeared first on Blockonomi.
TeraWulf (WULF) Stock Soars 13% After Massive Kentucky AI Data Center Acquisition
TeraWulf (WULF) stock rose 13% after announcing acquisition of Kentucky's Muskie Data Campus, a 1 GW AI site with delivery starting in 2028. The post TeraWulf (WULF) Stock Soars 13% After Massive Kentucky AI Data Center Acquisition appeared first on Blockonomi.
Umbra partners with Streamflow to bring private token vesting to Solana
Umbra partners with Streamflow to bring private token vesting and shielded distributions to Solana projects. The post Umbra partners with Streamflow to bring private token vesting to Solana appeared first on Crypto Briefing.
Bitmine meets eligibility criteria for Russell 1000 inclusion
BitMine's Russell 1000 inclusion could drive significant price volatility, exposing index investors to heightened crypto market risks and rewards. The post Bitmine meets eligibility criteria for Russell 1000 inclusion appeared first on Crypto Briefing.
Ripple Targets Slice of $18.9 Trillion Tokenization Market
Securitize flags an $18.9 trillion tokenization boom by 2033, positioning Ripple to dominate the RWA money layer through XRPL rails and RLUSD stablecoin.
Ripple’s files two new trademarks in the U.S.
Ripple has filed two new U.S. trademark applications covering its Triskelion design and word mark. The filings have drawn attention because they list several services tied to institutional finance, trading, treasury systems, and asset management. According to reports shared on…
CENTCOM confirms Project Freedom not resumed, impacting market perceptions
CENTCOM's confirmation may stabilize geopolitical risk assessments, influencing US-Iran relations and impacting strategic military decisions. The post CENTCOM confirms Project Freedom not resumed, impacting market perceptions appeared first on Crypto Briefing.
XRP Ledger Foundation Unveils New Standard for AMM v2
XRP Ledger is set for a major AMM v2 upgrade designed to stabilize pricing for real-world assets, stablecoins and FX markets.
Ondas (ONDS) Stock Soars 9% Following Major Israeli Defense Firm Acquisition
Ondas (ONDS) stock surged 9.7% after completing its $196.6M Omnisys acquisition and posting explosive Q1 revenue growth of 1,079% year-over-year. The post Ondas (ONDS) Stock Soars 9% Following Major Israeli Defense Firm Acquisition appeared first on Blockonomi.
Stable and Theo Open Morpho Vault for USDT Holders Seeking Real-World Asset Yield
Stable, the USDT-native blockchain, went live this week with StableEarn, a treasury management product that routes USDT deposits into institutional-grade yield through a Morpho vault backed by Theo’s real-world asset suite. Stable Brings Institutional USDT Yield Onchain Through Morpho Vault Backed by Theo Stable‘s announcement, shared with Bitcoin.com News, notes that USDT holds a near […]
Coinbase relaunches Direct Deposit to turn paychecks into crypto allocations
Coinbase relaunched Direct Deposit in the US, letting users route paychecks into USDC or crypto through automated allocations. The post Coinbase relaunches Direct Deposit to turn paychecks into crypto allocations appeared first on Crypto Briefing.
Brent crude steadies at $100 as US-Iran talks stall, keeping crypto markets on edge
Stalled US-Iran talks and volatile oil prices highlight geopolitical risks, influencing global markets and crypto volatility. The post Brent crude steadies at $100 as US-Iran talks stall, keeping crypto markets on edge appeared first on Crypto Briefing.
US plans significant reduction of military provisions to NATO, Spiegel reports
The US military cuts to NATO may prompt Europe to bolster its defense capabilities, impacting regional security dynamics and economic markets. The post US plans significant reduction of military provisions to NATO, Spiegel reports appeared first on Crypto Briefing.
Equities climb on optimism over US-Iran deal to reopen Strait of Hormuz
The potential US-Iran deal could reshape global oil dynamics, influence crypto adoption, and prompt regulatory scrutiny on decentralized finance. The post Equities climb on optimism over US-Iran deal to reopen Strait of Hormuz appeared first on Crypto Briefing.
Jito reports BAM adoption doubles to 28% in Q1 2026 call
Jito's strategic focus on long-term growth over immediate token value could reshape Solana's validator landscape and investor dynamics. The post Jito reports BAM adoption doubles to 28% in Q1 2026 call appeared first on Crypto Briefing.
MiCA is live: Where crypto founders are incorporating in 2026
MiCA enforcement reshapes EU crypto as ESMA register reveals 204 authorized CASPs and leading jurisdictions emerge. The transitional period is closing and the guessing is over. With MiCA — the EU’s single rulebook for crypto-asset services — now in force,…
CME launches 24/7 futures trading for XRP on May 29
CME's 24/7 trading for XRP futures enhances institutional access, potentially increasing liquidity and aligning crypto with traditional markets. The post CME launches 24/7 futures trading for XRP on May 29 appeared first on Crypto Briefing.
TeraWulf expands development pipeline 36% with Muskie Data Campus acquisition
TeraWulf's strategic shift towards AI infrastructure could enhance its market position but poses risks due to regional concentration. The post TeraWulf expands development pipeline 36% with Muskie Data Campus acquisition appeared first on Crypto Briefing.
Iran and US near framework deal to end war, with crypto markets watching closely
The potential US-Iran deal could reshape geopolitical dynamics, impacting global markets and regulatory landscapes, especially in crypto. The post Iran and US near framework deal to end war, with crypto markets watching closely appeared first on Crypto Briefing.
Someone just burned $8.5M worth of Bitcoin by sending 107 BTC to a burn address
The deliberate destruction of Bitcoin highlights the potential for ideological actions to impact market perceptions and future technological challenges. The post Someone just burned $8.5M worth of Bitcoin by sending 107 BTC to a burn address appeared first on Crypto Briefing.
UK Targets Kremlin-Linked Crypto Network in Latest Sanctions Round
Bitcoin Magazine UK Targets Kremlin-Linked Crypto Network in Latest Sanctions Round The United Kingdom introduced new sanctions targeting Russian financial networks using crypto and offshore channels to evade post-Ukraine invasion restrictions. This post UK Targets Kremlin-Linked Crypto Network in Latest Sanctions Round first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
XRP price prediction 2026-2030: beyond the SEC settlement
XRP trades near $1.39-$1.47 in late May 2026, down approximately 26% year-to-date and 34% year-on-year despite multiple institutional catalysts that historically would have driven significant price appreciation. Five-spot (XRP) ETFs are now trading in the US with cumulative inflows of…
Cathie Wood doubles down on Bitcoin with bold $1.25M prediction
Cathie Wood has raised her long-term Bitcoin forecast to as high as $1.25 million, even as the cryptocurrency trades below key resistance levels during another period of macro uncertainty. Speaking in a recent interview with Fox Business, the ARK Invest…
Hedera-based BrandBoost targets gamified loyalty programs for enterprises
Swiss blockchain firm The Hashgraph Group has launched BrandBoost on Hedera, introducing tokenized loyalty rewards and real-time customer engagement tools for enterprises. According to an announcement shared with crypto.news, the new software-as-a-service platform targets enterprises looking to move beyond traditional…
US and India sign Critical Minerals Framework to enhance supply chains
The US-India minerals framework could reshape global supply chains, reducing geopolitical risks and boosting investment in critical sectors. The post US and India sign Critical Minerals Framework to enhance supply chains appeared first on Crypto Briefing.
Hong Kong finalizes licensing rules for virtual asset advisory and management firms
Hong Kong's regulatory clarity for virtual assets could attract institutional investors, enhancing market stability and fostering innovation. The post Hong Kong finalizes licensing rules for virtual asset advisory and management firms appeared first on Crypto Briefing.
European Central Bank should raise rates in June, Schnabel says
Raising rates could curb inflation but may slow economic growth, impact consumer sentiment, and increase volatility in crypto markets. The post European Central Bank should raise rates in June, Schnabel says appeared first on Crypto Briefing.
Coinbase Exchange enters limit-only mode for CTR-USD trading pair
Coinbase's limit-only mode for CTR-USD may impact liquidity and price discovery, affecting trader strategies and market dynamics. The post Coinbase Exchange enters limit-only mode for CTR-USD trading pair appeared first on Crypto Briefing.
Strategy buys back $1.5B of debt at discount, cuts outstanding notes to $6.7B
Strategy reduced aggregate convertible notes outstanding to $6.7 billion after repurchasing 2029 notes for $1.38 billion in cash.
AI guardrail removals raise questions over limits of open-source model regulation
Financial Times testing found safety controls on open AI models from Meta and Google could be stripped in minutes, raising governance concerns.
Stablecoin Payments Need Privacy as Shopify and Stripe Push Crypto Commerce Mainstream
TLDR: Shopify and Stripe are accelerating stablecoin adoption, but payment privacy remains missing. Public blockchains expose transaction data, creating risks for consumers and merchants alike. Fairblock’s SDK encrypts payment metadata without changing wallets or checkout flows. Agentic commerce growth increases demand for private stablecoin payment infrastructure. Stablecoin payments are entering mainstream commerce at a growing [...] The post Stablecoin Payments Need Privacy as Shopify and Stripe Push Crypto Commerce Mainstream appeared first on Blockonomi.
GSR Research Says Ethereum’s Identity Crisis Is Deepening
Ethereum is facing one of its most uncomfortable periods in recent memory, with GSR Research’s Carlos Guzman arguing that leadership turnover, weak ETH performance and a sharpening debate over the Ethereum Foundation’s (EF) role have exposed a deeper strategic crisis for the network. GSR Research Flags Ethereum’s Identity Crisis In a note titled “Ethereum’s Identity […]
ECB positioned between baseline and adverse scenarios, says Governing Council member Sleijpen
The ECB's balancing act between scenarios highlights the complex trade-offs in monetary policy amid geopolitical tensions and economic uncertainty. The post ECB positioned between baseline and adverse scenarios, says Governing Council member Sleijpen appeared first on Crypto Briefing.
Dropbox CEO Drew Houston reportedly stepping down after nearly two decades
Houston's departure may challenge Dropbox's strategic pivot towards AI and collaboration tools amid fierce competition from tech giants. The post Dropbox CEO Drew Houston reportedly stepping down after nearly two decades appeared first on Crypto Briefing.
EU’s 20th sanctions package against Russia takes direct aim at crypto platforms
The EU's sanctions expansion pressures crypto platforms to enhance compliance, potentially reshaping global digital asset regulations. The post EU’s 20th sanctions package against Russia takes direct aim at crypto platforms appeared first on Crypto Briefing.
Goldman visualizes record $2.6T gamma squeeze in S&P options
The recurring gamma squeezes highlight market volatility and speculative behavior, potentially destabilizing traditional hedging strategies. The post Goldman visualizes record $2.6T gamma squeeze in S&P options appeared first on Crypto Briefing.
Bitcoin snaps back above $78k in sharp short squeeze
Bitcoin briefly reclaimed the $78,000 level in a violent short squeeze that added roughly $30 billion to its market capitalization within an hour, before volatility quickly returned. Bitcoin (BTC) ripped roughly $1,400 higher in about an hour on Tuesday, spiking…
US Navy resumes Strait of Hormuz operations under Project Freedom
The US Navy's renewed operations may stabilize global oil supply routes, potentially easing market tensions and enhancing maritime security. The post US Navy resumes Strait of Hormuz operations under Project Freedom appeared first on Crypto Briefing.
Analysts Flag $79K Resistance After $766M Bitcoin Liquidation Wipes May Gains
Bitcoin fell nearly 10% from its early-May high before reclaiming its monthly open, but Bitfinex analysts say the recovery has so far run out of steam near the weekly open. Long BTC Traders Sit Underwater as Bitfinex Report Points to $79K Breakeven Wall According to Bitfinex’s latest report, the May 23 deleveraging event this weekend […]
US home prices decline for second straight month as over half of major cities lose ground
The cooling US housing market may prompt the Federal Reserve to reconsider interest rates, impacting economic stability and investment strategies. The post US home prices decline for second straight month as over half of major cities lose ground appeared first on Crypto Briefing.
Qualcomm (QCOM) Stock Soars to Record Peak Following Massive ByteDance AI Chip Contract
Qualcomm (QCOM) stock reached a record $247.91, climbing 6%+ after ByteDance agreed to purchase millions of AI chips for its agent software platform. The post Qualcomm (QCOM) Stock Soars to Record Peak Following Massive ByteDance AI Chip Contract appeared first on Blockonomi.
CME adds Avalanche and Sui futures as regulated altcoin bets go mainstream
CME Group has rolled out new futures contracts tied to Avalanche and Sui, extending Wall Street’s regulated crypto derivatives beyond Bitcoin and Ethereum and deeper into the high-throughput layer-1 trade. CME Group, the world’s largest regulated derivatives marketplace, has confirmed…
Hong Kong moves to tighten crypto advisory rules in major shift
Hong Kong authorities plan to introduce new licensing rules for virtual asset advisory and management service providers as the city expands oversight of its digital asset market. The Financial Services and the Treasury Bureau and the Securities and Futures Commission…
Coinbase, Armstrong help build $85m crypto election war chest
Coinbase and CEO Brian Armstrong are bankrolling a rapidly expanding pro-crypto political machine, pouring tens of millions of dollars into Fairshake as Washington’s 2026 election fight over digital assets intensifies. Coinbase and Armstrong are helping assemble what they describe as…
The Reason Why Bitcoin’s Largest Corporate Holder Chose Bonds Over BTC This Week (Analyst)
Some market watchers have argued that current bond yields may compete directly with BTC for institutional capital.
Bank of America Lifts Apple (AAPL) Price Target to $380 on AI Revolution Expectations
BofA elevates Apple (AAPL) price target to $380, projecting 33% upside as agentic AI and redesigned Siri could unlock $65B in new revenue by 2030. The post Bank of America Lifts Apple (AAPL) Price Target to $380 on AI Revolution Expectations appeared first on Blockonomi.
Why Most Traders Misuse Demo Accounts Without Realizing It
It doesn’t seem to be fair to start a trading trip without any practice. Few serious disciplines are remunerative for people who don’t prepare, and it makes perfect sense to spend a little time in a simulated environment before risking real capital. It is not the instinct that is the problem. This is what generally [...] The post Why Most Traders Misuse Demo Accounts Without Realizing It appeared first on Blockonomi.
Three Space Stocks Soaring: AST SpaceMobile, Rocket Lab, and Redwire See Major Gains
AST SpaceMobile, Rocket Lab, and Redwire stocks surge amid SpaceX IPO buzz and growing commercial space sector momentum. Here's what's driving the rally. The post Three Space Stocks Soaring: AST SpaceMobile, Rocket Lab, and Redwire See Major Gains appeared first on Blockonomi.
Pope Leo warns AI must be ‘disarmed’ before it turns into a weapon against humanity
The pope has used his first encyclical to issue an unusually blunt warning on artificial intelligence, saying AI must be “disarmed” and stripped of the logics that turn it into a tool of domination, manipulation, and automated killing. In a…
Micron enters the $1 trillion club on parabolic AI memory trade
Micron Technology has reportedly joined the trillion‑dollar club after an 18% single‑day surge sent its shares to around $886, capping a year‑to‑date run of more than 200% on the back of an AI‑driven memory boom. While most public data as…
Liquid launches Co-Invest app for live trading inside ChatGPT and Claude
AI-driven trading integration in chat platforms could revolutionize financial services, streamlining user experience and expanding market access. The post Liquid launches Co-Invest app for live trading inside ChatGPT and Claude appeared first on Crypto Briefing.
European Central Bank will act to control inflation, Villeroy says
The ECB's decisive stance on inflation could lead to higher bond yields, impacting interest-sensitive sectors and affecting euro exchange rates. The post European Central Bank will act to control inflation, Villeroy says appeared first on Crypto Briefing.
RWA market hits $51B as tokenized private credits surges: Bernstein
Bernstein Research data shows the RWA market at $51 billion, with tokenized private credit leading and Figure leading RWA platforms with $18 billion in tokenized assets.
Grvt adds 3 tokenized yield funds tied to institutional-grade RWAs
Grvt will work with Plume to launch tokenized fixed-income and structured credit products tied to institutional-grade real world assets and onchain yield strategies.
Quantum Cyber N.V. (QUCY) Stock Surges on $15M Capital Injection and Debt Elimination
Quantum Cyber N.V. (QUCY) stock jumped 12.61% after securing $15M from warrant exercises, eliminating debt, and funding autonomous defense expansion plans. The post Quantum Cyber N.V. (QUCY) Stock Surges on $15M Capital Injection and Debt Elimination appeared first on Blockonomi.
RENDER Network Activity Surges as On-Chain Data Points to a Trend Shift
TLDR: RENDER broke above $2.25 for the first time in four months, backed by strong on-chain and volume data. Daily active addresses hit 394 and new wallet creation reached 118, both logging 12-week highs in one session. Trading volume hit 9.8 million RENDER tokens, with the breakout candle printing the chart’s largest volume bar. Bulls [...] The post RENDER Network Activity Surges as On-Chain Data Points to a Trend Shift appeared first on Blockonomi.
Internet access begins restoration in Iran after months-long blackout
The restoration of internet access in Iran could enhance global connectivity and information flow, impacting socio-political dynamics significantly. The post Internet access begins restoration in Iran after months-long blackout appeared first on Crypto Briefing.
US conducts self-defense strikes in Iran amid peace talks, rattling crypto markets
US-Iran tensions highlight crypto's volatility and potential regulatory scrutiny, underscoring the need for investors to track geopolitical events. The post US conducts self-defense strikes in Iran amid peace talks, rattling crypto markets appeared first on Crypto Briefing.
Twilio (TWLO) Stock Soars 32% in 2026 — Is the AI Transformation Sustainable?
Twilio (TWLO) stock rallies 32% in 2026 on AI transformation, VoiceAI growth, and record Q1 gross profit. Can the momentum continue amid valuation concerns? The post Twilio (TWLO) Stock Soars 32% in 2026 — Is the AI Transformation Sustainable? appeared first on Blockonomi.
Micron (MU), AMD, and Marvell (MRVL) Surge as AI Investors Diversify Beyond Nvidia (NVDA)
Micron (MU), AMD, and Marvell (MRVL) stocks rally as investors diversify AI bets beyond Nvidia. Discover what's fueling each stock's rise and potential risks. The post Micron (MU), AMD, and Marvell (MRVL) Surge as AI Investors Diversify Beyond Nvidia (NVDA) appeared first on Blockonomi.
BitMine Buys Ethereum Dip Despite $8 Billion Losses While Strategy Cuts Debt With No Bitcoin Sales
Strategy spends $1.38 billion cash to retire 2029 bonds with zero BTC sales, while BitMine absorbs 111,000 ETH despite an $8 billion paper loss.
Altman Questions AI-Induced Job Apocalypse
OpenAI CEO Sam Altman has expressed skepticism that the advancement of artificial intelligence will lead to a global "job apocalypse." This was reported by Reuters. According to him, AI has not yet caused the large-scale reduction in office jobs that he himself anticipated following the launch of ChatGPT in 2022. "I'm glad I was wrong. It seemed that by now the impact on entry-level office positions would be greater," the entrepreneur said at the Commonwealth Bank of Australia conference in Sydney. The CEO stated that the company "roughly accurately" assessed the technological development of LLM, but erred in predicting its immediate social and economic consequences. Altman noted that he previously considered the risk of mass automation to be real and therefore spoke about it publicly. He mentioned that such a threat might still exist, but the situation now appears different. He explained this by noting that many professions retain a "human element" that is difficult to replace with algorithms. As an example, Altman shared that he tried using AI for responses in Slack and email but then returned to personal communication. "We truly value interaction with people," he stated. In Altman's view, this experience has altered his perception of the future labor market. He believes that the employment landscape will be "quite different" from what many industry participants expected. However, layoffs due to artificial intelligence are still occurring. In April, Oracle began cutting thousands of employees amid falling stock prices and significant capital expenditures on AI infrastructure development. In February, Block CEO Jack Dorsey announced the layoff of nearly 4,000 employees. The decision was linked to the company's transition to a "more compact, flat, and AI-focused" structure. Earlier in May, China banned layoffs due to AI.
Kelp Restores Full Collateral for rsETH Token
The Kelp protocol has restored the collateral for the rsETH token five weeks after the hack. The team sent the final tranche of 20,373 rsETH to the LayerZero smart contract. The final tranche of 20,373.72 rsETH has been sent to the rsETH OFT adapter earlier today. This closes the operational part of the rsETH recovery plan.Tx: https://t.co/fB2HLWvggk— Kelp (@KelpDAO) May 25, 2026 The $293 million incident triggered a liquidity crisis in the DeFi sector. The perpetrators used the stolen 116,500 rsETH as collateral on the Aave platform to obtain loans. This resulted in $190 million of "bad debt" and a massive outflow of funds from the lending protocol. Funds for the recovery were gathered by Kelp with the support of the DeFi United initiative. Other crypto projects also participated in the plan's implementation. The first tranche of 25,000 rsETH was received on May 13, allowing the resumption of cross-chain bridges between the Ethereum mainnet and L2 solutions. The following day, developers reopened withdrawals. Burning and reward accruals are operating normally. The Kelp hack contributed to the decline in the total value locked in the Aave protocol, which fell from $26.3 billion to $17.7 billion. In April, a record number of hacks in the crypto industry was recorded for a single month. More than 20 incidents resulted in $651 million in damages. In May, hacking attacks targeted Ekubo, TrustedVolumes, THORChain, Verus, Echo, and Map Protocol.
HP Inc. (HPQ) Stock: Wall Street’s Forecast Ahead of Wednesday’s Q2 Earnings Report
HP Inc. (HPQ) stock rallied 15% after Lenovo's AI earnings. Wall Street forecasts $14B revenue for Q2 results May 27. What analysts expect next. The post HP Inc. (HPQ) Stock: Wall Street’s Forecast Ahead of Wednesday’s Q2 Earnings Report appeared first on Blockonomi.
UK targets UAE, Georgia-linked crypto firms tied to Russia network
Britain has imposed sanctions on several crypto-related firms and financial networks linked to Russia, including entities registered in the United Arab Emirates and Georgia, as part of a new crackdown on sanctions evasion tied to Moscow’s war economy. According to…
Ghana ex-president–linked CWU token accused of “rug pull” as insiders dump, still hold 85%
On-chain sleuths say a memecoin promoted alongside Ghana’s former president has all the hallmarks of a slow-motion rug: insiders have already sold hundreds of thousands of dollars’ worth of tokens while still controlling nearly the entire supply. According to on-chain…
Bank of Japan’s new gauge shows inflation at 2.8% in April
The BOJ's inflation gauge divergence complicates policy, potentially impacting global markets and carry trades with a stronger yen. The post Bank of Japan’s new gauge shows inflation at 2.8% in April appeared first on Crypto Briefing.
Canaan wins 8 MW hash-to-heat contract to warm Nordic homes with Bitcoin mining waste
Canaan's innovative use of mining waste heat for Nordic heating could redefine energy economics and sustainability in crypto mining. The post Canaan wins 8 MW hash-to-heat contract to warm Nordic homes with Bitcoin mining waste appeared first on Crypto Briefing.
Strive surpasses Coinbase, becomes 7th-largest BTC treasury holder
Strive's rapid BTC accumulation highlights evolving corporate strategies in crypto investment, potentially influencing future market dynamics. The post Strive surpasses Coinbase, becomes 7th-largest BTC treasury holder appeared first on Crypto Briefing.
Scott Bessent faces mounting pressure as Treasury yields refuse to cooperate
Rising Treasury yields could shift investment from speculative assets to safer bonds, challenging Bessent's strategies and market stability. The post Scott Bessent faces mounting pressure as Treasury yields refuse to cooperate appeared first on Crypto Briefing.
Base settles Australia’s first retail payment in AUD stablecoin
Australia's stablecoin-friendly regulations could revolutionize retail payments, reducing intermediaries and speeding up transaction settlements. The post Base settles Australia’s first retail payment in AUD stablecoin appeared first on Crypto Briefing.
Uber questions AI spending effectiveness as budget runs dry four months into 2026
Uber's AI budget overspend highlights the need for sustainable investment strategies and may influence enterprise AI and crypto market dynamics. The post Uber questions AI spending effectiveness as budget runs dry four months into 2026 appeared first on Crypto Briefing.
IDF launches ground offensive in Southern Lebanon amid rising tensions
The IDF's actions may destabilize the region further, reducing prospects for peace and complicating potential Israeli withdrawal scenarios. The post IDF launches ground offensive in Southern Lebanon amid rising tensions appeared first on Crypto Briefing.
Strive (ASST) Buys 1,109 Bitcoin, Lifts Holdings to 16,500 BTC
Bitcoin Magazine Strive (ASST) Buys 1,109 Bitcoin, Lifts Holdings to 16,500 BTC Strive (ASST) acquired 1,109 bitcoin last week, boosting its total holdings to 16,500 BTC and cementing its position among the largest publicly traded corporate holders. This post Strive (ASST) Buys 1,109 Bitcoin, Lifts Holdings to 16,500 BTC first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
Seagate (STX) Stock Surges to Record $843 as Wall Street Sets $1,000 Price Targets
Seagate (STX) stock reaches record $843, jumping 630% in 12 months. BofA lifts target to $900, Evercore to $1,000 on HAMR tech and cloud demand strength. The post Seagate (STX) Stock Surges to Record $843 as Wall Street Sets $1,000 Price Targets appeared first on Blockonomi.
Constructor Group Establishes Quantum Hub in Singapore
Constructor Group has selected Singapore as the location for its new global headquarters focused on artificial intelligence and quantum technologies. The company announced plans to create over 200 highly skilled jobs. Additionally, the firm has launched research programs and expanded partnerships with local universities to advance the AI ecosystem and quantum developments.
Strategy Completes $1.5B Debt Repurchase at 8% Discount, BTC Yield Reaches 13.3% YTD
TLDR: Strategy repurchased $1.5B in 2029 Convertible Notes at an 8% discount, saving roughly $120 million in cash outlay. The debt buyback generated a BTC Gain of 4,391 bitcoin and a BTC $ Gain of $333 million for Strategy’s balance sheet. Strategy’s year-to-date BTC Yield reached 13.3%, reflecting a cumulative BTC Gain of 89,378 bitcoin [...] The post Strategy Completes $1.5B Debt Repurchase at 8% Discount, BTC Yield Reaches 13.3% YTD appeared first on Blockonomi.
AutoZone (AZO) Stock Plunges 9% Despite Strong Q3 Earnings Performance
AutoZone (AZO) shares fell 9% after Q3 sales of $4.84B missed forecasts, despite EPS of $38.07 beating the $36.18 estimate. Full Q3 analysis here. The post AutoZone (AZO) Stock Plunges 9% Despite Strong Q3 Earnings Performance appeared first on Blockonomi.
Micron (MU) Stock Surges 14% as UBS Sets Street-High $1,625 Target on Supply Deal Confidence
Micron (MU) stock soared 14% after UBS tripled its price target to $1,625, citing long-term supply deals covering 30% of DDR volumes industry-wide. The post Micron (MU) Stock Surges 14% as UBS Sets Street-High $1,625 Target on Supply Deal Confidence appeared first on Blockonomi.
Enphase Energy (ENPH) Surges to 52-Week Peak Following Goldman Sachs Upgrade
Enphase Energy (ENPH) surged to a 52-week high following Goldman Sachs upgrade on AI data center demand, up 100% YTD. Analysts flag overvaluation risks. The post Enphase Energy (ENPH) Surges to 52-Week Peak Following Goldman Sachs Upgrade appeared first on Blockonomi.
Crypto lobby pushes back on Warren, backs OCC’s stablecoin charters
Leading crypto trade groups are rallying behind the U.S. banking regulator in a bid to blunt Senator Elizabeth Warren’s claim that national trust charters for firms like Coinbase, Ripple, and Circle are illegal under federal banking law. According to reporting…
Hyperliquid Adds Macro Prediction Markets, HYPE Explodes Above $64
Hyperliquid has expanded the suite of outcomes, furthering its involvement in prediction markets.
XRP ETFs Are Going Crazy In May As Outflows Die Down
The XRP ETFs continue to see significant demand despite the current bear market conditions, with XRP on the decline. These funds are also outperforming the Bitcoin and Ethereum ETFs, which are seeing outflows as BTC and ETH trend downwards. XRP ETFs Record Steady Inflows Even As Price Declines SoSoValue data shows that the XRP ETFs […]
Bitcoin Burn Wallet Absorbs $8.2M as Unknown User Destroys 107 BTC in Mystery Transfer
On Tuesday, onchain analyst and founder of Timechainindex.com Sani flagged a bitcoin transaction in which the owner transferred 107 BTC, valued at $8.2 million at current exchange rates, to a burn address, rendering the funds permanently inaccessible and impossible to spend. Bitcoin Burn Wallet Jumps to 807 BTC After Mystery User Burns $8.2 Million According […]
ARK Invest’s Cathie Wood says institutions buy Bitcoin dip as weak holders exit
Institutional buying during Bitcoin dips suggests potential for reduced volatility and shorter bear markets, but risks of forced selling remain. The post ARK Invest’s Cathie Wood says institutions buy Bitcoin dip as weak holders exit appeared first on Crypto Briefing.
Iran deal could reshape oil markets, and Bitcoin is already pricing it in
The potential reopening of the Strait of Hormuz could significantly impact global energy prices and influence regulatory approaches to crypto. The post Iran deal could reshape oil markets, and Bitcoin is already pricing it in appeared first on Crypto Briefing.
Sharplink $SBET to join Russell 2000 and Russell 3000 indexes on June 29, 2026
Sharplink's index inclusion highlights its rapid growth and potential influence in DeFi, despite significant financial volatility and risks. The post Sharplink $SBET to join Russell 2000 and Russell 3000 indexes on June 29, 2026 appeared first on Crypto Briefing.
Stanford study finds 16% drop in early-career hiring in AI-exposed jobs, and crypto is feeling it
The shift towards AI-driven roles may reshape future workforce dynamics, emphasizing infrastructure over headcount in tech and crypto sectors. The post Stanford study finds 16% drop in early-career hiring in AI-exposed jobs, and crypto is feeling it appeared first on Crypto Briefing.
Ali Khamenei assassination impacts Iran leadership change markets
The assassination heightens uncertainty in Iran's political future, potentially accelerating leadership changes and impacting regional stability. The post Ali Khamenei assassination impacts Iran leadership change markets appeared first on Crypto Briefing.