Odessa Scammers Busted, Stealth GPU Cryptominer and More Cybersecurity News
We’ve gathered the week’s most important cybersecurity news. A new group hit crypto companies via fake interviews and macOS malware. A stealth GPU miner spread through search spam and AI chatbots. A vigilante hacker was booted from GitHub and GitLab after posting Microsoft zero-days. CrowdStrike and Google dismantled a network targeting open-source developers. New group hit crypto firms via fake interviews and macOS malware Researchers at Wiz uncovered a large-scale cryptocurrency theft campaign attributed to a previously unknown group, JINX-0164. Since mid-2025, the attackers have targeted blockchain developers through fake online interviews. During the exchange, the victim was redirected to a spoofed videoconferencing site. There, under the pretext of installing a client or fixing a "technical error," the developer was persuaded to download an infected file. The group’s toolkit includes sophisticated malware adapted for both Intel and Apple Silicon architectures: AUDIOFIX. Disguised as a system audio driver. It steals passwords, SSH keys, crypto wallet data, and sessions from Discord and Telegram. The software enables lateral movement across a company’s internal network, infiltration of infrastructure, and injection of malicious code into active projects; MiniRAT. Previously used in a supply-chain attack. It was distributed through a trojanized version of the legitimate npm package @velora-dex/sdk, used in DeFi projects. MiniRAT allows remote command execution and loading of additional modules. Source: Wiz. Experts note that JINX-0164’s tactics — a focus on crypto, targeting developers via fake recruiting, and the use of specific VPN services (for example, Astrill VPN) — resemble the modus operandi of North Korean groups such as BlueNoroff. However, Wiz found no direct technical overlaps in infrastructure to conclusively tie JINX-0164 to Pyongyang. Stealth GPU miner spread via search spam and AI chatbots As part of an ongoing cryptomining campaign, attackers are targeting high-performance graphics processing units (GPUs), according to Microsoft. Infection occurs via malicious download pages for system utilities often installed on powerful PCs. Among them: CrystalDiskInfo, HWMonitor, Display Driver Uninstaller, FurMark, K-Lite Codec Pack, and PDFgear. Microsoft researchers found the attack begins when users search for these tools and follow malicious links boosted in results via SEO. Some April reports indicate users also landed on malicious domains after interacting with AI assistants. In those cases, victims asking a chatbot for software download recommendations received poisoned links in generated responses. Example of an AI chatbot response with an infected link. Source: Microsoft. Once a system is infected, the attacker gains persistent access by deploying the standard remote management tool ScreenConnect. The core of the malware masquerades as innocuous apps like the VLC player and sets itself to autorun. To evade defenses, the malware hides its code inside legitimate Windows system files and adds itself to antivirus exclusions. After establishing a stealthy foothold, it downloads and launches a miner to secretly extract cryptocurrency using the victim’s GPU power. The campaign uses the gminer, lolMiner, and SRBMiner-MULTI GPU miners. Microsoft noted the operators’ behavior stands out for its "targeting and monetization strategy built from the ground up to maximize GPU-mining revenue from each compromised device" instead of chasing scale. Vigilante hacker kicked off GitHub and GitLab after posting Microsoft zero-days Microsoft blocked the GitHub account of a cybersecurity researcher known as Nightmare-Eclipse and deleted his Microsoft account. GitLab then followed suit. The dispute stemmed from financial disagreements and exploit disclosure policy. As claimed by Nightmare-Eclipse, Microsoft ignored his vulnerability reports and refused to pay MSRC bounties that can reach $250,000. Source: GitLab. In response, the researcher began publishing discovered zero-day vulnerabilities openly and said he will release another batch on July 14, 2026. He disclosed: BlueHammer. Locally elevates privileges in Windows Defender. Allows an attacker with standard user access to escalate to full SYSTEM rights; RedSun. Exploits a different antivirus code flaw than BlueHammer but achieves a similar outcome; UnDefend. A tool aimed at sabotaging Windows Defender. The exploit makes the system believe an endpoint is protected and the antivirus is functioning correctly, while effectively depriving Defender of the ability to detect malware; GreenPlasma. A vulnerability that grants SYSTEM privileges via the CTFMon system service responsible for alternative text input and language bars; MiniPlasma. A local privilege escalation exploit via the Windows cloud filter driver cldflt.sys. Successfully grants SYSTEM rights even on fully updated Windows 11 versions; YellowKey. A critical vulnerability in BitLocker disk encryption. With physical access, an attacker can bypass protections and open encrypted data with minimal effort, nullifying the technology’s purpose. In addition, Nightmare-Eclipse announced the creation of a "dead man’s switch" — an automated system that will dump new exploits online if he is arrested or physically eliminated. CrowdStrike and Google dismantled a network targeting open-source developers In a joint operation, CrowdStrike, Shadowserver, and Google took down an infrastructure used to spread malware and steal passwords from open-source software developers. The target was the hackers behind the Glassworm botnet, which for two years attacked supply chains in the OS ecosystem. Glassworm operators used several strategies to distribute malicious code, including: publishing infected extensions in developer marketplaces; malvertising — buying sponsored search results to trick victims into downloading malware; using credentials stolen in prior breaches to take over developer accounts and inject malicious code directly into their projects. According to CrowdStrike, the hackers managed to "poison" more than 300 GitHub repositories. Specialists dismantled four command-and-control servers that relied on the Solana blockchain, the BitTorrent peer-to-peer network, Google Calendar, and virtual private servers. This severed the attackers’ access to infected machines and halted further malware delivery. In Odessa, scammers used advanced AI to steal about 2.5 million hryvnias Ukrainian law enforcement, together with Kazakhstan’s cyber police, exposed a large criminal organization in Odessa. The phone scammers targeted citizens of Kazakhstan. Preliminary losses total around 2.5 million hryvnias (about $57,000 at the time of writing). The fraudsters used advanced social engineering tools, including deepfakes and AI-generated video. Posing as law enforcement officers, bank employees, or telecom staff, they created a sense of threat. Under the pretense of "protecting the account" or avoiding fabricated criminal charges, they convinced victims to install malware on their smartphones to steal funds. According to investigators, two Odessa residents organized the illegal network. The call centers operated like a streamlined business with their own CRM system and clear role distribution. Staff included HR managers, administrators, IT specialists, and operators of various levels. During searches, police detained nine people and seized equipment, off-the-books accounting records, cars, and cash. The suspects face up to 12 years in prison with asset confiscation. Carnival, the world’s largest cruise operator, confirms breach affecting 6 million customers Carnival Corporation, the world’s largest cruise line operator, officially confirmed a large-scale data leak impacting nearly 6 million people. The incident occurred on April 10, 2026, via a social-engineering attack: the intruders tricked an employee and gained access to corporate systems. The company then began mass notifications to affected individuals. According to BleepingComputer, the ShinyHunters group claimed responsibility, saying they stole terabytes of corporate data. A ShinyHunters post on the dark web. Source: BleepingComputer. Analysis indicates the hackers obtained databases of Holland America loyalty program members. Compromised information includes names, dates of birth, email addresses, gender, and customers’ locations. It’s another reputational blow for Carnival: in 2020 and 2021, the company’s systems suffered successful cyberattacks that exposed passengers’ and crew members’ personal and financial data. Also on ForkLog: Hacker hijacked a $15 million GUA airdrop. Fake Uniswap ads on Google netted scammers $400,000. Squid denied a $3 million contract hack. Socket identified an attack targeting crypto and AI developers. 10,000 critical vulnerabilities: Anthropic reported initial Project Glasswing results. StablR’s EURR and USDR stablecoins lost their pegs after a $2.8 million hack. What to read this weekend? The weekend is a chance not only to rewatch favorites, but to rethink them. ForkLog got a head start and explored why Johnny, the protagonist of Mike Leigh’s classic "Naked," is not just a misanthrope with a Manchester accent, but an early prototype of a cypherpunk without the internet.
Robert Kiyosaki Warns Bitcoin Hype Can Burn Buyers Even With Bullish Forecast
Robert Kiyosaki warned that bitcoin buyers can lose money when hype drives investment decisions. He urged investors to track cash flows, weigh risk, and avoid treating BTC, gold, or silver as automatic protection. Robert Kiyosaki Says Bitcoin Buyers Still Need Discipline Robert Kiyosaki warned that bitcoin can produce losses when investors buy on hype instead […]
Bitcoin is at ‘pivotal level’ as $65K downside risk looms: Analyst
While Bitcoin is hovering around $73,000, a crypto trader says the current setup is “different from the previous breakdown in February.”
$1.88M Wiped Out As Sui Blockchain Suffers Third Outage Before Recovery
Leveraged traders betting on a price recovery got hit hardest when the Sui blockchain went down for the third time in under 48 hours. Data from CoinGlass shows that long positions accounted for $1.72 million of the $1.88 million in SUI liquidations recorded during the latest disruption. Related Reading: $10M In Bitcoin: Texas Breaks From […]
OpenAI, SpaceX funding fuels bets on next-wave Asian AI winners
Asian tech firms, crucial to AI hardware, face valuation risks and geopolitical challenges amid surging demand from US AI investments. The post OpenAI, SpaceX funding fuels bets on next-wave Asian AI winners appeared first on Crypto Briefing.
Lebanon accuses Israel of “scorched-earth policy” amid expanded invasion
The escalating conflict reduces chances for diplomacy, potentially prolonging instability and impacting regional geopolitical dynamics. The post Lebanon accuses Israel of “scorched-earth policy” amid expanded invasion appeared first on Crypto Briefing.
Pi Network’s Protocol 21: Unlocking Scalable Mainnet for Web3 dApps and Global Users
Pi Network Completes Major Protocol 21 Upgrade Pi Network has finished its Protocol 21 upgrade. This change builds a stronger base for the mainnet and helps more Web3 apps grow on the platform. The update focuses on speed, safety, and […] The post Pi Network’s Protocol 21: Unlocking Scalable Mainnet for Web3 dApps and Global Users appeared first on Blockmanity.
CME Launches 24/7 Bitcoin and Crypto Futures Trading
CME Group now offers nonstop trading for cryptocurrency futures and options, expanding regulated access for bitcoin and other digital asset derivatives. The change gives traders a way to respond to weekend, overnight, and holiday market moves through CME Globex. CME Group Expands Crypto Access With Around-the-Clock Trading CME Group announced on X on May 29 […]
Iran refuses uranium surrender, stalling US agreement talks
Iran's stance may lead to prolonged diplomatic tensions, impacting regional stability and global nuclear non-proliferation efforts. The post Iran refuses uranium surrender, stalling US agreement talks appeared first on Crypto Briefing.
ADA Hits Make-or-Break Point Ahead of Bearish Monthly Close
Cardano’s price has dropped below its key multi-year support level, putting ADA at a crucial make-or-break point where it risks further price declines.
OpenAI, SpaceX funding fuels bets on next-wave Asian AI winners
Asian tech firms, crucial to AI hardware, face valuation risks and geopolitical challenges amid surging demand from US AI investments. The post OpenAI, SpaceX funding fuels bets on next-wave Asian AI winners appeared first on Crypto Briefing.
South Korea Cracks Down on CatFi Rugpull: First-Ever Crypto Fraud Case Under New Investor Protection Law
South Korean authorities tracked suspects for months after CatFi case was initially dismissed despite early blockchain sleuth reports and evidence.
SoftBank to invest €45B in AI data centers in France by 2031
SoftBank's investment in French AI data centers could significantly boost Europe's tech infrastructure, attracting further global tech investments. The post SoftBank to invest €45B in AI data centers in France by 2031 appeared first on Crypto Briefing.
Grok Targets $145K as 13 AI Models Predict Bitcoin’s Price Path to Close 2026
Bitcoin slid to multi-week lows this week, dragged lower by record exchange-traded fund (ETF) redemptions and a broad pullback from risk assets. The price settled near $73,500 on Friday, down roughly 4% from where it opened the week above $77,000. To get a sense of where BTC might finish the year, Bitcoin News queried several […]
China considers national clearinghouse for digital yuan transactions
A national clearinghouse for digital yuan could enhance financial integration, boost transaction efficiency, and strengthen China's digital economy. The post China considers national clearinghouse for digital yuan transactions appeared first on Crypto Briefing.
New Rules for Crypto in Brazil: Central Bank Demands Strict Independent Audits for VASPs
According to Normative Instruction No. 739, issued on Friday, VASPs will now need to undergo an audit by an approved third-party entity to obtain authorization to operate in Brazil. The requirement adds to an already stringent regulation, making the process of obtaining a license in Brazil more difficult. Central Bank Of Brazil Moves to Add […]
Bitcoin Price Stays Range-Bound, But How Long Can It Hold? Watch This Level To Know
After beginning the week with a steep drop from around $78,000, the Bitcoin price appears to have found stability near $73,500. However, a recent on-chain evaluation suggests that if a condition is not met, this newfound stability might just be the typical calm that precedes a storm. Bitcoin’s Key Support Sits Around $72,400 Crypto analyst […]
Kalshi Sues Minnesota to Block First US Felony Ban on Prediction Markets
Prediction market platform Kalshi has filed a federal lawsuit to block a first-in-the-nation Minnesota law that would make operating or advertising prediction markets a felony, escalating a nationwide fight over who regulates the fast-growing sector. Minnesota’s First-in-Nation Felony Ban Kalshi, a federally regulated prediction market where users trade contracts on the outcome of real-world events, […]
The DTCC’s Stellar Leap: Bridging TradFi and Blockchain Rails
The Depository Trust & Clearing Corporation (DTCC), the backbone of the American financial system, has taken a massive step toward the inevitable convergence of traditional finance and blockchain.
Senator Lummis says China will 'write the rules' of the new financial era if CLARITY fails
The Senate Banking Committee voted to advance the CLARITY Act in May, but it must still pass both chambers of Congress before heading to the president's desk.
Gravity Bridge halted after $5.4M drain hits Ethereum-Cosmos link
Gravity Bridge has lost about $5.4 million following an early Saturday drain that security researchers linked to a possible signing key compromise. On-chain analyst Specter first flagged the unusual withdrawals, saying the pattern suggested that the bridge’s signing keys may…
Banks Vs. Crypto Law: JPMorgan CEO Doubles Down On CLARITY Opposition
Prediction markets put the odds of the Digital Asset Market Clarity Act becoming law this year at 59%, down from a high of 68% following a Senate committee vote earlier this month. That slide reflects growing uncertainty around a bill the crypto industry had hoped would clear Congress before year’s end. Related Reading: Corporate Ethereum […]
SpaceX targets $1.8T valuation for 2026 IPO debut
SpaceX's IPO could reshape market dynamics, highlighting its strategic role in U.S. space capabilities and boosting investor confidence. The post SpaceX targets $1.8T valuation for 2026 IPO debut appeared first on Crypto Briefing.
Expert Says Bitcoin Miners Are Expanding Beyond Mining Into Energy Infrastructure
The Bitcoin network received a fresh difficulty bump this week at block height 951552, with the protocol dialing things up by 1.72%. Meanwhile, the network’s hashrate kept flexing its muscles, climbing past the 1,000 exahash per second (EH/s), or 1 zettahash per second (ZH/s) threshold. Bitcoin Difficulty Nears 139 Trillion and Sees Industry Transformation Bitcoin’s […]
US jobs report set to reveal solid growth and steady unemployment rate
Stable job growth and unemployment may delay Fed rate cuts, but declining labor participation could signal underlying economic challenges. The post US jobs report set to reveal solid growth and steady unemployment rate appeared first on Crypto Briefing.
Iran reasserts control over Hormuz Strait amid US tensions
Iran's control over the Hormuz Strait could escalate regional tensions, impacting global oil supply and maritime security dynamics. The post Iran reasserts control over Hormuz Strait amid US tensions appeared first on Crypto Briefing.
Crypto rules face 2030 Risk if CLARITY Act stalls, Lummis says
Senator Cynthia Lummis said Congress may not get another real chance to pass digital asset legislation until 2030 if the CLARITY Act fails. Lummis, in a post on X, said Congress faces a narrow window to move the Digital Asset…
Circle freezes $12.6M of USDC linked to privacy protocol Zama
The $12.6 million in USDC was likely frozen in connection with an ongoing but unrelated civil court case, according to onchain sleuth ZachXBT.
San Francisco home accepts OpenAI, Anthropic stock as payment for $2.9M sale
This trend highlights the evolving real estate market's adaptation to tech wealth, potentially reshaping asset liquidity and investment strategies. The post San Francisco home accepts OpenAI, Anthropic stock as payment for $2.9M sale appeared first on Crypto Briefing.
$1 Billion In Iranian Crypto Seized By US, Treasury Secretary Says
Treasury Secretary Scott Bessent recently revealed that the United States has seized $1 billion worth of crypto assets tied to the Iranian government. This figure has continued to rise amid the ongoing conflict between the two nations. Operation Economic Fury Sends Iran Into Crisis: US Treasury Secretary Earlier in the month, Bessent disclosed that the […]
San Francisco home accepts OpenAI, Anthropic stock as payment for $2.9M sale
This trend highlights the evolving real estate market's adaptation to tech wealth, potentially reshaping asset liquidity and investment strategies. The post San Francisco home accepts OpenAI, Anthropic stock as payment for $2.9M sale appeared first on Crypto Briefing.
Ethereum OG Offloads $136 Million in ETH and wstETH as Sellers Test $2,000
An early Ethereum investor has sold roughly $136 million worth of ether and staked-ether tokens over the past week, adding to the selling pressure already weighing on ETH near the $2,000 mark. A Week of Steady Selling The wallet, an early participant holding coins since the network’s first years, sold 55,000 ETH worth about $112.25 […]
Iran claims draft deal grants control over Strait of Hormuz, $12B asset access
Iran's potential control over the Strait of Hormuz could escalate regional tensions, impacting global trade and U.S. strategic interests. The post Iran claims draft deal grants control over Strait of Hormuz, $12B asset access appeared first on Crypto Briefing.
SoftBank pledges €75B to build Europe’s largest AI facility in France
SoftBank's investment could transform France into a leading AI hub, boosting Europe's tech landscape but hinges on project execution. The post SoftBank pledges €75B to build Europe’s largest AI facility in France appeared first on Crypto Briefing.
US enforces blockade in Gulf of Oman, disables Gambia-flagged vessel
The US blockade in the Gulf of Oman exacerbates regional tensions, potentially disrupting global oil markets and impacting geopolitical stability. The post US enforces blockade in Gulf of Oman, disables Gambia-flagged vessel appeared first on Crypto Briefing.
US Central Command disables vessel attempting to breach Iranian blockade, Treasury freezes $344M in linked digital assets
The incident underscores the geopolitical risks impacting crypto markets, highlighting vulnerabilities in centralized stablecoins amid sanctions. The post US Central Command disables vessel attempting to breach Iranian blockade, Treasury freezes $344M in linked digital assets appeared first on Crypto Briefing.
US Central Command disables vessel attempting to breach Iranian blockade, crypto markets brace for fallout
The incident underscores the geopolitical risks impacting crypto markets, highlighting vulnerabilities in centralized stablecoins amid sanctions. The post US Central Command disables vessel attempting to breach Iranian blockade, crypto markets brace for fallout appeared first on Crypto Briefing.
Todd, Back, Sassaman, and Finney Named Satoshi in 3 Investigations That Found No Proof
Three investigations. Four suspects. Zero proof. Between October 2024 and April 2026, an HBO documentary, a New York Times investigation, and a feature-length film each named a different person as Satoshi Nakamoto and all three came up short. The Hunt for Satoshi Nakamoto Heats up Again as 3 New Investigations Name Suspects Over the years, […]
Donald Trump jeopardizes Clarity Act as ethics concerns rise
Ethics concerns over Trump's crypto ties could stall regulatory progress, impacting bipartisan efforts for digital asset market clarity. The post Donald Trump jeopardizes Clarity Act as ethics concerns rise appeared first on Crypto Briefing.
Fetch.AI launches Fetch-Skills for streamlined AI development
Fetch-Skills could accelerate AI development on Fetch.ai's platform, potentially boosting developer adoption and enhancing network effects. The post Fetch.AI launches Fetch-Skills for streamlined AI development appeared first on Crypto Briefing.
UK Sanctions 18 Crypto Firms Tied to Russia’s $90B War Network
Businesses operating in the United Kingdom must now freeze assets and transactions connected to the sanctioned platforms.
Jordi Visser: Market resilience signals a bull run, rising earnings make stocks cheaper, and global trends highlight interconnected growth | The Pomp Podcast
Global market strength and rising earnings signal a bullish trend despite high valuations and economic concerns. The post Jordi Visser: Market resilience signals a bull run, rising earnings make stocks cheaper, and global trends highlight interconnected growth | The Pomp Podcast appeared first on Crypto Briefing.
Thrive Capital’s ties to Trump adviser raise federal contract concerns
The investigation could redefine conflict-of-interest standards, impacting future government contracts and venture capital investments. The post Thrive Capital’s ties to Trump adviser raise federal contract concerns appeared first on Crypto Briefing.
Top 3 Cryptos That Could Deliver Bigger Gains Than Ripple (XRP) Did in the Last Bull Run
Many investors still remember watching XRP explode during past bull runs and feeling they entered too late. That’s why traders are now searching for projects that still look early before the broader market fully heats up again. Some meme coins have already made their biggest move. Others are only starting to build momentum quietly in [...] The post Top 3 Cryptos That Could Deliver Bigger Gains Than Ripple (XRP) Did in the Last Bull Run appeared first on Blockonomi.
A16z-Linked Wallet Builds $192 Million HYPE Stake as Early Whale Cashes out $95 Million
A wallet reportedly tied to venture giant Andreessen Horowitz (A16z) has accumulated 3.9 million HYPE worth about $192.6 million, even as one of Hyperliquid’s earliest backers sold a 1.5 million-token stake to lock in a roughly $95 million profit. Smart Money on Both Sides A wallet that onchain analysts have linked to venture capital firm […]
Hedgebook launches app for hedging risks in large-cap equities using Kalshi
Hedgebook's app could redefine risk management for large-cap equity investors by leveraging prediction markets to navigate macroeconomic uncertainties. The post Hedgebook launches app for hedging risks in large-cap equities using Kalshi appeared first on Crypto Briefing.
Naval mine discovery heightens US-Iran tensions in Strait of Hormuz
Heightened US-Iran tensions in the Strait of Hormuz could lead to prolonged maritime disruptions, impacting global oil supply stability. The post Naval mine discovery heightens US-Iran tensions in Strait of Hormuz appeared first on Crypto Briefing.
US warns Iran of military action if peace plan conditions rejected
The US warning to Iran heightens regional tensions, potentially derailing diplomatic efforts and increasing the risk of military conflict. The post US warns Iran of military action if peace plan conditions rejected appeared first on Crypto Briefing.
XRP Burn Rate Drops 35% Despite Price Recovery Signal
XRP sees weakening network activity as market volatility fades demand causing its burn activity to decline while XRP’s price struggles to recover.
SEC Sues Texas Man For $12.3 Million Crypto Asset Fraud – Details
The US Securities and Exchange Commission (SEC) is pressing charges against Nathan Fuller, a Texas resident, for running a multi-million dollar crypto investment fraud scheme. The case, filed at the US Southern District of Texas, seeks several penalties against the defendant for allegedly defrauding 150 victims. In a press release on May 28, the SEC […]
Goldman warns of potential supply shock amid Strait of Hormuz disruptions
Geopolitical tensions at the Strait of Hormuz could trigger global energy supply chain disruptions, impacting prices and consumption patterns. The post Goldman warns of potential supply shock amid Strait of Hormuz disruptions appeared first on Crypto Briefing.
This Top Coin Under $1 Could Deliver a 40x ROI in Under 2 Months; Surprisingly, It’s Not Cardano (ADA) or Dogecoin (DOGE)
While the broader market often remains fixated on the price action of established giants, a new contender is quietly rewriting the playbook for retail wealth generation. Little Pepe, trading under the ticker LILPEPE, has emerged as a formidable force in the sub-one-dollar category, positioning itself to potentially deliver a 40x return on investment in less [...] The post This Top Coin Under $1 Could Deliver a 40x ROI in Under 2 Months; Surprisingly, It’s Not Cardano (ADA) or Dogecoin (DOGE) appeared first on Blockonomi.
XRP ETFs Attract $12M as Bitcoin Funds Extend Outflow Streak to 10 Days
Crypto exchange-traded fund (ETF) flows remained under pressure on Friday, May 29, as bitcoin funds posted a tenth straight day of outflows and ether funds extended their outflow streak to 14 sessions. Still, the tone was less one-sided than earlier in the week, with XRP, HYPE, and Solana ETFs all attracting fresh capital. Bitcoin and […]
Rosatom reports Ukrainian drone strike on Zaporizhzhia nuclear plant
Escalating attacks on Zaporizhzhia risk nuclear safety, highlighting urgent need for international intervention to prevent a potential crisis. The post Rosatom reports Ukrainian drone strike on Zaporizhzhia nuclear plant appeared first on Crypto Briefing.
Michael Carbonara liquidates 10 Bitcoin for $800K to fund congressional campaign in Florida’s 22nd District
Carbonara's crypto-based campaign funding highlights the growing intersection of digital assets and political finance, potentially reshaping future electoral strategies. The post Michael Carbonara liquidates 10 Bitcoin for $800K to fund congressional campaign in Florida’s 22nd District appeared first on Crypto Briefing.
Anthropic secures $65B funding amid AI infrastructure boom
Anthropic's funding highlights AI's role as a resilient growth sector, attracting significant investment despite economic uncertainties. The post Anthropic secures $65B funding amid AI infrastructure boom appeared first on Crypto Briefing.
Hyperliquid Growth Story: Building the Future of Always-On Finance
Hyperliquid Growth Story: Building the Future of Always-On Finance Hyperliquid started as a simple crypto trading platform just a few years ago. Today, big analysts see it as something much bigger. They believe it can grow into a major player […] The post Hyperliquid Growth Story: Building the Future of Always-On Finance appeared first on Blockmanity.
University of Tennessee Launches K-Quantum Accelerator
The University of Tennessee, Knoxville has announced the launch of the K-Quantum accelerator in conjunction with the $43 million Tennessee Quantum Initiative. The project includes Oak Ridge National Laboratory, Tennessee Valley Authority, CGI, and IonQ, with goals to establish a quantum factory, a hybrid computing node, and infrastructure for the commercialization of developments.
Russia Bans Crypto Advertising: New 2026 Regulations for Bitcoin and Digital Assets
The Russian financial regulatory landscape is undergoing a significant transformation in mid-2026.
Bit Digital Saw Ethereum’s Strategic Value Before Institutions Caught On
In a market where most institutions focus on crypto, Bit Digital appears to have taken a more forward-looking approach by recognizing Ethereum’s strategic importance early on. While many players were still treating ETH as a secondary asset, Bit Digital began positioning itself around ETH’s long-term potential as the backbone of decentralized finance, staking, and tokenized […]
Iran warns military ships in Strait of Hormuz may become targets
Heightened tensions in the Strait of Hormuz could disrupt global shipping, impacting energy supplies and increasing maritime security risks. The post Iran warns military ships in Strait of Hormuz may become targets appeared first on Crypto Briefing.
Nvidia and Microsoft to debut first Windows PCs powered by Nvidia chips next week
Nvidia's entry into Windows PCs with Arm-based chips signals a shift towards AI-optimized computing, potentially reshaping the PC market landscape. The post Nvidia and Microsoft to debut first Windows PCs powered by Nvidia chips next week appeared first on Crypto Briefing.
Microsoft threatens legal action against researcher Nightmare Eclipse for exploit disclosure
Microsoft's legal threats may deter future vulnerability disclosures, risking security research stagnation and increased exploitation risks. The post Microsoft threatens legal action against researcher Nightmare Eclipse for exploit disclosure appeared first on Crypto Briefing.
XRP Beyond Payments: Flare Exec Explains New Opportunities
XRP holders may have more options than they realize, Flare co-founder indicates.
Zama Users Lose Access to $12.6M USDC After Circle Executes Court-Ordered Blacklist
Circle blacklisted a publicly labeled Ethereum smart contract tied to Zama’s privacy protocol on Saturday, freezing approximately $12.6 million in USDC following a U.S. federal court order connected to a civil lawsuit against Overnight Finance founder Maxim Ermilov. Circle’s Zama Blacklist Freezes $12.6M, Raising Questions About USDC Use in DeFi Contracts The frozen address, 0xe978F22157048E5DB8E5d07971376e86671672B2, […]
Iran advances control over Strait of Hormuz despite US warnings
Iran's control over the Strait of Hormuz could escalate geopolitical tensions, impacting global oil markets and maritime navigation freedom. The post Iran advances control over Strait of Hormuz despite US warnings appeared first on Crypto Briefing.
Wintermute Expands Into Prediction Markets as Segment Tops $60B in 2026
TLDR: Wintermute is now quoting two-sided markets on event contracts across venues doing $20 billion monthly in volume. The prediction market industry has crossed $60 billion in 2026, yet still lacks the institutional liquidity it needs to mature. Event contracts price real-world outcomes directly, offering more targeted exposure than equities, rates, or currencies. Wintermute’s existing [...] The post Wintermute Expands Into Prediction Markets as Segment Tops $60B in 2026 appeared first on Blockonomi.
XRP Price Holds at $1.33 as On-Chain Data Points to a Potential Bottom
TLDR: XRP is trading at $1.34, posting a 2.80% gain in 24 hours with over $2.15 billion in trading volume. Binance Exchange Supply Ratio has trended downward throughout May, pointing to reduced immediate selling pressure. XRP’s NVT Ratio declined 23.73% to 151.53, suggesting the asset is fairly valued relative to network activity. The Awesome Oscillator [...] The post XRP Price Holds at $1.33 as On-Chain Data Points to a Potential Bottom appeared first on Blockonomi.
Groq Secures $650 Million Following Nvidia Deal
AI chip developer Groq plans to raise $650 million from existing investors to expand its cloud business following a December deal with Nvidia. According to Axios, the deal was valued at $20 billion and involved the transfer of some Groq executives to Nvidia and the licensing of its hardware technologies. As reported by TechCrunch, citing Axios, investors Disruptive and Infinitium are prepared to close the round if necessary.
US Regulator Approves 24/7 Crypto Derivatives Trading
CFTC has given the green light to 24/7 trading in the crypto derivatives market, while also warning of risks to other segments of derivative financial instruments. .@CFTC Staff Issues Advisory on 24/7 Trading, Clearing, and Settlement: https://t.co/Nt3v5zJzdj— CFTC (@CFTC) May 29, 2026 On May 29, the commission issued a letter to market participants. The agency noted that the shift to 24/7 trading and clearing "may not currently be suitable for all asset classes" due to differences in underlying markets. The CFTC acknowledged that blockchain infrastructure, alternative forms of collateral — including crypto assets and stablecoins — and mobile access have made the 24/7 model viable for digital assets. Platforms already offer continuous access to both retail and institutional clients. Traditional markets, including agricultural derivatives, are less prepared for such a regime. The reasons include the specifics of the client base, regional structure, and hedging features. The main risk is abuse during periods of reduced oversight. The transition of individual products to a round-the-clock mode could impact liquidity, increase volatility, and widen spreads, creating more opportunities for manipulation. The regulator has demanded that platforms enhance compliance and notify the commission in advance of plans to launch a 24/7 model. The letter was released on the same day the CFTC approved crypto companies to launch perpetual futures on a 24/7 basis. Coinbase stated that it is already restructuring traditional financial services on crypto infrastructure. According to the company, its platform operates stocks, futures, and prediction markets 24/7, and the regulator's decision will allow it to add global options and perpetual contracts through a regulated division. We're bringing global crypto derivatives to the U.S.Coinbase is the first regulated company to bring global crypto options & perpetual futures to the States, thanks to @CFTC.→ Tap the deepest crypto options & perps liquidity→ Access >$31B BTC options OI via Deribit→… pic.twitter.com/CD1GsbX7Lj— Coinbase 🛡️ (@coinbase) May 29, 2026 Earlier in May, exchange operator Intercontinental Exchange requested the regulator to provide a "level playing field" in the on-chain perpetual futures market.
Crypto treasury firms pursue high-risk equity deals for Bitcoin accumulation
High-risk equity deals for Bitcoin accumulation may erode shareholder value, increase regulatory scrutiny, and amplify market volatility. The post Crypto treasury firms pursue high-risk equity deals for Bitcoin accumulation appeared first on Crypto Briefing.
Circle Freezes $12.6 Million in Zama’s Confidential USDC Contract on Ethereum
Blockchain investigator ZachXBT has flagged a major stablecoin freeze that is sending shockwaves through the DeFi community. Circle, the issuer of USDC, appears to have blacklisted the smart contract address belonging to privacy protocol Zama’s Confidential USDC (cUSDC) on Ethereum, locking up approximately $12.6 million in user funds, funds that may have had no direct connection to any alleged wrongdoing. ZachXBT posts the finding to his social channels, noting the blacklist appears to have gone through approximately seven hours before he flags it. By the time the crypto community begins to respond, the funds are already frozen. ZachXBT Catches the The post Circle Freezes $12.6 Million in Zama’s Confidential USDC Contract on Ethereum appeared first on The Merkle News.
Shiba Inu: Shibarium Locks 'M' Movement Amid Fresh Transaction Wave
Shiba Inu layer 2 blockchain Shibarium’s latest activity wave gains attention, but one key question remains.
Circle Freezes $12.6M in Zama’s cUSDC Contract After Court Order in Overnight Finance Suit
TLDR: A federal judge ordered Circle to blacklist Zama’s cUSDC contract, freezing roughly $12.6 million in pooled USDC funds. Plaintiffs allege Overnight Finance’s Ermilov moved $15.77M from a shared treasury just before an OVN holder vote passed. Zama’s entire cUSDC pool was frozen because the contract holds funds from all depositors, not just the disputed [...] The post Circle Freezes $12.6M in Zama’s cUSDC Contract After Court Order in Overnight Finance Suit appeared first on Blockonomi.
Treasury Seizes $1 Billion in Iran-Linked Crypto, Scott Bessent Confirms at Reagan Forum
The U.S. Treasury has seized approximately $1 billion in Iranian-linked cryptocurrency assets, Treasury Secretary Scott Bessent announced May 29, 2026, at the Reagan National Economic Forum in Simi Valley, California. Operation Economic Fury: Scott Bessent Says U.S. Seized $1B in Iranian Crypto, Wallets Grabbed Without Warning Bessent made the disclosure during a live interview with […]
SEC charges Nathan Fuller with $12.3M crypto fraud using fake AI trading bots
The case highlights the critical need for investor vigilance and regulatory scrutiny in the rapidly evolving crypto and AI investment landscape. The post SEC charges Nathan Fuller with $12.3M crypto fraud using fake AI trading bots appeared first on Crypto Briefing.
SEC charges Texas man with $12.3M crypto fraud using fake AI trading bots
The SEC charged Texas man Nathan Fuller with raising $12.3 million from 150 investors through a crypto fraud scheme built around fake AI trading bots.
S&P 500 Momentum Index gains 32% in record two-month surge
The surge highlights the risks of concentrated bets and reflexivity in momentum strategies, potentially leading to increased market volatility. The post S&P 500 Momentum Index gains 32% in record two-month surge appeared first on Crypto Briefing.
Bitcoin Indices Paint Fragile Market Position – How Close Is Relief?
Over the last month, Bitcoin prices have dipped by 3.45% net, as the leading cryptocurrency struggles to sustain its April momentum. During this time, Bitcoin has faced multiple rejections at the $82,000 price zone, triggering a sustained downward trend since mid-May. In his latest market analysis, renowned expert Maartunn has provided insight into this decline, […]
XRP Beats Bitcoin and Ethereum in Another ETF Week
XRP maintains lead against Bitcoin and Ethereum in their weekly ETF performances, as institutional investors show conviction in XRP while they take caution in the others.
Amazon Announces Breakthrough in Data Center Architecture
Amazon has implemented a new data center network architecture that accelerates data transmission and reduces energy consumption, according to Wired. The solution is based on a "quasi-random" topology. AWS claims to have been working on it since 2023, with implementation in infrastructure starting at the end of 2025. For the project, the company developed its own optical device, ShuffleBox, which automatically rearranges cable connections between routers. Matt Rayner, Vice President of AWS Network Engineering, stated that the team managed to "flatten the network" and eliminate bottlenecks typical of traditional architectures. According to him, Amazon was the first to scale this approach to the level of real infrastructure. In April, the company released a research paper titled RNG: Flat Datacenter Networks at Scale. RNG stands for resilient network graphs. According to Amazon, compared to classic networks, the RNG architecture: requires 69% fewer routers and switches; increases throughput by 33%; reduces energy consumption by 40%; cuts operational costs by 27%. The first launch took place in Dublin in 2024. The architecture was then deployed in Germany and Spain. Currently, most new AWS data centers are being built using RNG. Since the mid-1980s, data centers have predominantly used the fat-tree topology—a multi-level hierarchy of switches. It is reliable but rigid and requires complex cabling infrastructure. Amazon's network connects about 20 million kilometers of fiber optic cable. The starting point for the project was the Jellyfish concept, proposed in 2012 by researchers at the University of Illinois. It suggested a random graph topology as an alternative to fat-tree but created issues with routing and cable layout. According to one of the authors, Giacomo Bernardi, the team initially tested a more regular scheme inspired by Penrose tiling. Simulations showed weak resilience and modest efficiency gains. Ultimately, engineers moved to a quasi-random model. AWS emphasized that the architecture was not specifically created for generative AI. The training patterns of models are too centralized for a random graph. The focus is on optimizing the basic network infrastructure. Earlier, the largest regional electricity transmission operator in the US, PJM Interconnection, reported that the data center boom led to additional costs amounting to $23.1 billion in its area of responsibility alone.
Bittensor integrates confidential routing layer with OpenRouter, processing up to 120 billion tokens daily
Bittensor's integration with OpenRouter could significantly enhance decentralized AI's accessibility, potentially reshaping AI market dynamics. The post Bittensor integrates confidential routing layer with OpenRouter, processing up to 120 billion tokens daily appeared first on Crypto Briefing.
Bittensor integrates confidential routing layer with OpenRouter, pushing decentralized AI into the mainstream
Bittensor's integration with OpenRouter could significantly enhance decentralized AI's accessibility, potentially reshaping AI market dynamics. The post Bittensor integrates confidential routing layer with OpenRouter, pushing decentralized AI into the mainstream appeared first on Crypto Briefing.
S&P 500 Momentum Index posts record 32% gain over two months
The record surge in the S&P 500 Momentum Index may signal a short-lived peak, urging caution amid heightened market volatility and risk. The post S&P 500 Momentum Index posts record 32% gain over two months appeared first on Crypto Briefing.
XRP Targets $1.42 After Major Long Liquidations Reset Market
TLDR: XRP liquidation heatmaps show that most major leveraged long positions have been cleared from the market. Reduced leverage exposure has created a cleaner market structure with fewer downside liquidity targets. MACD and RSI indicators are turning bullish as XRP forms higher lows on the 4-hour chart. XRP faces key resistance near $1.38, with a [...] The post XRP Targets $1.42 After Major Long Liquidations Reset Market appeared first on Blockonomi.
Labour Party wins fourth term in Malta snap election, securing continued governance
Labour's continued governance in Malta signals political stability, impacting market confidence and diminishing opposition prospects. The post Labour Party wins fourth term in Malta snap election, securing continued governance appeared first on Crypto Briefing.
Analyst Maps LTC’s Long-Term Growth Path: Is a Litecoin Rally to $1,000 Next?
TLDR: Top crypto analyst, Crypto Patel projects Litecoin could reclaim the $100-$140 range during its current accumulation phase. The analyst expects LTC to target $200-$280 after the next halving-driven market expansion. A move toward $500-$700 remains possible if Litecoin breaks key resistance during the next cycle. Reaching $1,000 may require institutional adoption and stronger long-term [...] The post Analyst Maps LTC’s Long-Term Growth Path: Is a Litecoin Rally to $1,000 Next? appeared first on Blockonomi.
SoFi becomes first US national bank to launch a stablecoin in a consumer app
SoFi's stablecoin launch could revolutionize consumer banking by integrating blockchain technology, enhancing transaction speed, and security. The post SoFi becomes first US national bank to launch a stablecoin in a consumer app appeared first on Crypto Briefing.
Gravity Bridge Drained of $5.4 Million as Hacker Routes Stolen Funds Through Binance
Cross-chain protocol Gravity Bridge was drained of roughly $5.4 million on May 30, with the attacker reportedly funneling part of the haul through Binance and Changenow, blockchain security firm Peckshield reported. Funds Routed Through Binance and ChangeNow Gravity Bridge, a protocol that moves tokens between Ethereum and the Cosmos ecosystem, lost about $5.4 million in […]
Strait of Hormuz oil exports unlikely to return to prewar levels amid tensions
Geopolitical tensions in the Strait of Hormuz may lead to sustained higher oil prices, impacting global energy markets and economic stability. The post Strait of Hormuz oil exports unlikely to return to prewar levels amid tensions appeared first on Crypto Briefing.
US inflation, Fed no longer sees pressures as transitory
Persistent inflation challenges the Fed's policy, potentially delaying rate cuts and impacting economic stability amid geopolitical tensions. The post US inflation, Fed no longer sees pressures as transitory appeared first on Crypto Briefing.
Perplexity launches AI-powered browser Comet with Coinbase crypto data integration
Comet's integration of real-time crypto data could revolutionize market accessibility but raises significant security concerns for financial transactions. The post Perplexity launches AI-powered browser Comet with Coinbase crypto data integration appeared first on Crypto Briefing.
Anthropic valuation hits $965B after $65B funding round
Anthropic's valuation surge underscores AI's strategic importance, signaling intensified competition and investor confidence in the sector's growth. The post Anthropic valuation hits $965B after $65B funding round appeared first on Crypto Briefing.
Bitcoin ETF Outflows Extend Even as Retail Buyers Absorb Market Supply
TLDR: U.S. spot Bitcoin ETFs posted a tenth consecutive day of net withdrawals on May 29. Ethereum ETFs extended their outflow streak to fourteen sessions, reflecting weaker demand. Retail traders increased Bitcoin purchases as prices remained under pressure near support. Large investors reduced accumulation activity, keeping market momentum constrained. Institutional sentiment in the digital asset [...] The post Bitcoin ETF Outflows Extend Even as Retail Buyers Absorb Market Supply appeared first on Blockonomi.
SoFi enables members to buy, sell, and hold SoFiUSD stablecoin
SoFi's stablecoin launch could revolutionize consumer banking by integrating blockchain technology, enhancing transaction speed, and security. The post SoFi enables members to buy, sell, and hold SoFiUSD stablecoin appeared first on Crypto Briefing.
Over 1,400 Liquidity Providers Hit in $7.3 Million DxSale Exploit
A security analyst suggested that DxSale's old locker contract may have contained an unverified backdoor vulnerability.
$10M In Bitcoin: Texas Breaks From IBIT To Build Its Own BTC System
A public website showing real-time Bitcoin holdings and valuations will be required from whichever firm wins the contract — a transparency measure that sets Texas apart from most institutional holders. The state’s comptroller office released the requirement last Thursday alongside the announcement of a new advisory committee formed to guide the reserve’s operations. Related Reading: […]
Sosana Founder Reworks Consumer Protection for Web3 as Global Token Launches Accelerate
The standard blockchain ethos of “Don’t trust, verify” has created a chaotic environment as anonymous token launches have bypassed traditional consumer protection frameworks. Instead of a centralized review platform, David Track advocates for a decentralized infrastructure. The Web2 vs. Web3 Trust Gap A single, uncompromising mantra has long encapsulated the founding ethos of blockchain technology: […]
US maintains control over Strait of Hormuz amid Iran tensions, says Hegseth
The U.S. control over the Strait of Hormuz amid tensions may prolong global energy supply uncertainties and impact maritime trade dynamics. The post US maintains control over Strait of Hormuz amid Iran tensions, says Hegseth appeared first on Crypto Briefing.
'Just the Beginning': Ripple Director Teases More XRP Ledger Improvements Ahead
Ripple engineering director says XRP Ledger might just be getting started, with a wave of improvements ahead.
Investor Highlights New Quantum Threat to Bitcoin
Early quantum technology investor Andrew Gault stated that the primary risk to Bitcoin infrastructure is not the hacking of wallet keys, but rather the interception of encrypted traffic between exchanges, custodians, and banks using a "collect now, decrypt later" scheme. Meanwhile, Google has planned a transition to post-quantum cryptography by 2029.