Topic: #latest-news
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Pudgy Penguins shuts down Pudgy Party mobile game, refocuses on browser
Pudgy Penguins is halting development of its Pudgy Party mobile game and consolidating gaming efforts around Pudgy World, a browser-based title. The move reflects broader struggles in Web3 gaming, as another project, Fishing Frenzy, also announced shutdown.
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Bitcoin mining difficulty drops 10% in 11th-largest adjustment
Bitcoin's mining difficulty fell 10.09% on Sunday to 124.93 trillion, the second-largest drop of 2026, as hashrate declines and June's 15% price drop squeeze miner margins.
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Hungary reverses crypto trading crackdown after EU scrutiny
Hungary's government announced it will unwind crypto trading restrictions that required approved validation for conversions and exposed users and service providers to criminal liability, marking a policy shift under the new Tisza government.
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Over 200 crypto firms urge Senate to pass CLARITY Act before midterms
More than 200 crypto companies and organizations signed a letter pressing Senate leaders to schedule a vote on the CLARITY Act, which would outline SEC and CFTC regulation of digital assets, before the November midterm elections.
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Humanity Protocol token crashes 85% after $30M private key exploit
The H token fell from $0.70 to $0.08 following the compromise of private keys belonging to a Humanity Foundation member, resulting in at least $30 million in stolen tokens. CEO Terence Kwok advised users to avoid interacting with the bridge and liquidity pools.
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House committee circulates seven crypto tax bills ahead of Tuesday hearing
The US House Ways and Means Committee released draft legislation addressing digital asset taxation, including proposals for de minimis reporting exceptions and reduced paperwork for crypto holders, ahead of a committee hearing chaired by Republican Jason Smith.
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Kraken Launches SpaceX IPO Access via xStocks for 110+ Markets
Kraken announced that eligible users in more than 110 markets can register for tokenized SpaceX equity through xStocks IPO Access ahead of the company's highly anticipated public listing expected in June.
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Anthropic warns AI agents could soon improve themselves without human intervention
Anthropic researchers Marina Favaro and Jack Clark warned that AI development is accelerating toward autonomous self-improvement, with improvements doubling every four months. They called for a slowdown to allow time for safety research and societal alignment.
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Bitcoin falls below $66K amid US-Iran tensions and liquidations
Bitcoin fell to $65,385 on Wednesday, its lowest level since late March, after shedding more than $4,500 on Tuesday as geopolitical tensions between the US and Iran intensified and crypto traders faced massive liquidations.
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Kaiko acquires Amberdata for derivatives analytics and AI research
Paris-based Kaiko acquired Amberdata on Monday to add derivatives analytics, onchain tools, and AI-powered research. The deal marks Kaiko's fifth acquisition and expands its institutional client base to 250 worldwide.
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HIVE Digital cuts Bitcoin holdings to 150 BTC as mining revenue soars 158%
Canadian Bitcoin miner HIVE Digital Technologies sold 331 BTC in its latest quarter, reducing reserves to 150 coins, while fiscal 2026 revenue climbed to $297.8 million driven by mining and AI computing expansion.
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Crypto treasury inflows hit lowest level since October 2024
Digital asset treasury companies saw inflows drop to $180 million in May, down 95% from April's $4.4 billion, marking the slowest month since October 2024. Bitcoin treasury firms accounted for 98% of inflows, while investors increasingly reassess passive holding models amid ETF competition and pressure to generate active yield.
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TON Rebrands to Gram, Token Surges 15% on Announcement
The Open Network announced plans to rebrand its Toncoin (TON) token back to Gram, its original name from the first white paper. The token surged 15% to $2.25 on the news, though it has since retreated to $2.07 by Tuesday morning.
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Bitmine buys $52M ETH as Lee says price doesn't reflect Ethereum strength
Bitmine Immersion Technologies acquired $52 million worth of Ether in its latest purchase, bringing it 90% toward its goal of holding 5% of total circulating supply. Chair Tom Lee said ETH prices aren't reflecting Ethereum's strengthening fundamentals.
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Crypto exploit losses plunge 90% in May to $68.3 million
Crypto platform exploit losses dropped to $68.3 million in May, a 90% decline from April's $650 million. May marks the third month of 2026 with losses under $100 million, though cross-chain bridges remain the most targeted infrastructure.
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Cardano Foundation Cancels 2026 Summit After Governance Vote Fails
The Cardano Foundation canceled its 2026 annual conference after governance voters rejected a revised proposal to spend $1.84 million on the event, falling short of the required 66.67% approval threshold.
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White-hat hacker recovers $2M from 2016 Hong Coin ICO smart contract
A pseudonymous white-hat hacker known as 0xflorent helped recover $2 million worth of Ether locked in a failed 2016 ICO smart contract, enabling refunds to 48 investors after nearly a decade through exploitation of an integer overflow vulnerability.
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Kraken launches CFTC-regulated Bitcoin perpetual futures for US institutions
Kraken expects to launch CFTC-regulated perpetual futures contracts tied to Bitcoin's spot price within 30 days, joining Coinbase and KalshiEX in capitalizing on fresh regulatory approval from the Commodity Futures Trading Commission.
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Gravity Bridge halts after $5.4M exploit tied to signing key compromise
Gravity Bridge, a cross-chain bridge connecting Ethereum and Cosmos, was drained of approximately $5.4 million in a suspected signing key compromise, prompting validators to halt operations while investigating the breach.
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Bitcoin at $73K: $71K support test looms as downside risk emerges
Bitcoin is trading near $73,000 as traders debate whether the February low of $60,000 marked a market bottom. Analyst Michael van de Poppe says the token faces a critical support test at $71,000, with potential downside to $65,000 if that level breaks.
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US Treasury Seizes $1 Billion in Iranian Crypto Assets
Treasury Secretary Scott Bessent disclosed that the US has seized approximately $1 billion in Iranian crypto assets, double the figure announced in late April, as part of Operation Economic Fury, a financial pressure campaign targeting Iran's regime.
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France's AMF sets June 30 deadline for crypto firms to secure MiCA licenses
France's financial regulator warned crypto firms operating without licenses have until June 30 to obtain permits or exit the country under the EU's Markets in Crypto Assets framework, while tensions mount over regulatory centralization.
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Crypto Compliance Tightens, but Indirect Monitoring Gap Persists
Around 47% of crypto organizations onboarded in 2026 are operating at compliance standards that would have ranked among the industry's strictest five years ago, yet gaps in indirect monitoring persist, creating openings for illicit actors.
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StakeDAO Attacker Mints 5.4T vsdCRV, Cashes Out Only $91K
An attacker exploited a compromised StakeDAO deployer key on Arbitrum to mint over 5.4 trillion vsdCRV tokens worth $763 billion on paper, but thin liquidity limited actual proceeds to approximately $91,000 in realized gains.