Latest news
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Cardano Foundation cancels 2026 summit after governance vote falls short
The Cardano Foundation canceled its 2026 summit after a treasury proposal seeking 7.8 million ADA fell just short of the two-thirds approval threshold required in Cardano's on-chain governance system, highlighting the challenges of decentralized funding decisions.
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AGA's $1B prediction-market loss claim becomes regulatory flashpoint
The American Gaming Association's disputed $1 billion estimate of state and tribal losses to prediction markets has become a political weapon in the regulatory fight over whether platforms like Kalshi and Polymarket should face gambling restrictions.
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Moomoo brings institutional-grade crypto tools to 30M retail traders
Moomoo, a global trading platform with 30 million users and $156 billion in client assets, is positioning itself as the bridge between retail access and institutional-quality tools for crypto and traditional markets.
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US inflation hits 3.8% in April, Bitcoin slides as Fed holds rates steady
Headline PCE inflation rose to 3.8% in April, nearly double the Fed's 2% target and its hottest pace in two years, while new Fed chair Kevin Warsh faces mounting pressure to justify holding rates steady through June.
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BNB Chain Open Interest Surges 35% to $1.43B Amid Volatility
BNB's open interest jumped 35% to $1.43 billion in 24 hours, outpacing Dogecoin and XRP. Derivatives volume rose 270% to $5.18 billion as traders prepare for potential price swings.
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US seizes $1 billion in Iranian crypto; Trump Bitcoin Reserve unclear
Treasury Secretary Scott Bessent announced the US seized roughly $1 billion in Iranian crypto assets, but the composition and final disposition remain opaque. The seizure may test Trump's new digital-asset reserve framework.
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Argentina arrests 24, seizes $8M crypto in fraud crackdown
Argentine authorities executed 90 simultaneous raids on May 31, arresting 24 people and seizing more than 8 million USDT in what prosecutors say is the country's largest investment fraud operation.
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Ethereum nears unprecedented third straight losing month as price tests $2,000
Ethereum is on track to post three consecutive monthly losses for the first time in its trading history if weakness persists through June, with the token testing critical support near $2,000 and technical indicators signaling oversold conditions.
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Ripple CTO Outlines 'Doomsday' Protocol for XRP Ledger Against State Pressure
Ripple CTO Emeritus David Schwartz outlined a hypothetical contingency plan for the XRP Ledger that would enable anonymous validator operation over Tor and automated node replacement if operators face arrest, while acknowledging that long-term state control of decentralized networks is technically infeasible.
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Hyperliquid HYPE breaks $68 ATH as regulated crypto futures reshape trading
Hyperliquid's HYPE token hit a new all-time high of $68.64 on May 30 after a 50% May rally, as spot ETFs crossed $136 million in inflows and the CFTC approved the first US-regulated Bitcoin perpetual futures contract.
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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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Vietnam Ministry of Finance Proposes Digital Assets as SME Loan Collateral
Vietnam's Ministry of Finance has proposed amendments allowing small and medium enterprises to use digital assets and intellectual property as bank loan collateral, marking a significant shift toward institutional legitimacy for crypto in the country.
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Isaac Patka proposes three-multisig framework for DeFi governance
Security Alliance certifications lead Isaac Patka introduced a three-multisig architecture on the Unchained podcast to improve DeFi protocol safety, arguing that over 90% of recent incidents stem from operational failures, not code vulnerabilities.
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BNB and ASTER Rally on Binance June 1 Product Reveal Speculation
BNB and ASTER surged on speculation tied to Binance's teased product reveal scheduled for June 1, with traders interpreting clues as hints toward tokenized equities. However, Binance has not confirmed the rumors, and speculative rallies can reverse quickly.
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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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Asian chipmakers bet billions on OpenAI and SpaceX infrastructure
Wealthy Asian investors poured $24.3 billion into global AI funding in 2025, nearly triple the prior year, as OpenAI's $122 billion round and SpaceX's record IPO fuel demand for semiconductor supply chains across South Korea and China.
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PBOC plans national clearinghouse for digital yuan transactions
The People's Bank of China disclosed plans to build a dedicated national clearinghouse for e-CNY transactions, modeling it after China UnionPay. The move signals the digital yuan is transitioning from pilot project to permanent infrastructure.
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May Jobs Report Due Friday; April Payrolls Beat Forecast
The Bureau of Labor Statistics releases its May 2026 Employment Situation report on June 5, with April data showing 115,000 nonfarm payrolls against a 62,000-65,000 forecast. Steady growth and flat 4.3% unemployment may limit Fed rate-cut prospects, though declining labor participation signals underlying weakness.
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SoftBank pledges €75 billion for Europe's largest AI facility in France
Masayoshi Son has entered talks with French President Emmanuel Macron to build a €75 billion AI data center and semiconductor fabrication hub in France, with a formal announcement expected within weeks.
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US disables Iranian blockade-runner, Treasury freezes $344M in digital assets
The US disabled the Lian Star, a Gambian-flagged vessel attempting to breach an Iranian naval blockade, marking the sixth enforcement action since April 13. The Treasury simultaneously froze nearly $344 million in digital assets connected to the Iranian regime.
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CLARITY Act stalls in Senate over ethics demands tied to Trump crypto ties
Democratic senators are conditioning their support for the CLARITY Act on ethics provisions targeting presidential conflicts of interest, jeopardizing a bipartisan crypto regulatory framework that passed the House with overwhelming support.
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Fetch.ai launches Fetch-Skills to simplify autonomous agent development
Fetch.ai released Fetch-Skills, an open-source CLI tool that injects curated knowledge directly into AI coding assistants, lowering the barrier to building agents on the platform.
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Hedgebook launches S&P 500 hedging app using Kalshi prediction markets
Hedgebook has launched a user interface that maps roughly 500 S&P 500 stocks to 47 prediction market contracts on Kalshi, allowing institutional investors to hedge macroeconomic risks without options complexity.
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XRP Burn Rate Drops 35% as Network Activity Weakens
XRP's burn rate fell 35% in 24 hours as network activity weakens amid market volatility, creating mixed signals even as the token shows modest price gains and holds above key support levels.