Major County Sheriffs abandon DeFi objection in CLARITY Act shift
The Major County Sheriffs of America has withdrawn its opposition to the decentralized finance provision in the CLARITY Act, easing one of the main law enforcement concerns surrounding the proposed U.S. crypto market structure bill. Summary Major County Sheriffs of…
Major Binance Announcement Concerning Many Users: Details
“Real liquidity for Philippines,” CZ said. The world’s largest crypto exchange has run into serious trouble with EU financial regulators, and the uncertainty has triggered concern among its user base. Despite its issues in Europe, however, Binance has strengthened…
Gnosis Pay reveals hidden flaw behind $1.5 million crypto hack
Gnosis Pay has revealed that a software flaw dating back to October 2023 enabled the $1.5 million exploit of its card safe infrastructure, while confirming that all affected users have been fully reimbursed. Summary Gnosis Pay traced its $1.5 million…
Upbit rejects Open USD role after stablecoin partner claims
South Korean crypto exchange Upbit has rejected claims that it is participating in the issuance of Open USD after being listed among more than 140 organizations associated with the proposed stablecoin. Summary Upbit says it is not participating in Open…
3 AIs Give Surprising Answers
SOL is the “easiest pick,” ChatGPT said. The prolonged bear market has left numerous crypto investors underwater, as prices of countless digital assets have crashed by double digits over the past several months. Despite the grim reality, the current…
Crypto Is No Longer the ‘Belle of the Ball,’ Warns Bitwise’s Matt Hougan
Crypto winter looks different this cycle as capital rotates toward smaller assets with credible fundamentals instead. Bitwise Chief Investment Officer Matt Hougan said the “brutal” cryptocurrency market is no longer the “belle of the ball,” as digital assets are…
Bitcoin Investment Products Suffer $1.44B in Outflows During Worst Week of 2026
XRP, Hyperliquid, and Near attracted fresh investor money despite massive outflows across the broader crypto fund market. Bitcoin investment products recorded $1.44 billion in net outflows last week, according to CoinShares. It was the largest weekly withdrawal from Bitcoin…
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. South Korean prosecutors have filed charges against a group of individuals linked to a Solana-based meme coin project called…
Largest Solana Treasury Moves $32M in SOL to Coinbase Prime While Sitting $1.13B Underwater
Key Takeaways Forward Industries moved 455,784 SOL worth $31.87M to Coinbase Prime after a month of inactivity. The firm sits about $1.13B underwater on 6.83M SOL bought at $232 since September 2025. A sale by the largest SOL treasury could…
BNB price tests critical support as bearish market and technicals point to more downside
BNB price has fallen sharply from its recent highs and has now retested a major support zone as heavy liquidations, deteriorating market sentiment, and weakening technical indicators weigh on the token. Summary BNB price has dropped 20% from its recent…
JPMorgan Crypto Revolution: Will Tokenized Deposits Kill Stablecoins?
In JPMorgan crypto news, the bank, alongside Chase, Citigroup, Bank of America, and Wells Fargo, has confirmed plans to build a shared tokenized deposit network through The Clearing House, the real-time payments company they collectively own, with a target launch…
HYPE Whales Pull $64.9M off Exchanges as One Trader’s $46.5M Short Bet Backfires
Key Takeaways One wallet pulled 902,317 HYPE worth $64.9M off exchanges over the 72 hours, signaling accumulation. Trader loracle.hl, down $46.46M shorting HYPE, flipped long and lost a further $840,000. Whale withdrawals to staking cut liquid HYPE supply even as…
Altcoin Massacre Triggers $1.2B in Liquidations as ETH Tanks Below $1.7K and ZEC Gets Smashed
ZEC is down by 50% in just a day after a recently uncovered vulnerability. The wild cryptocurrency market moves continue as most assets have produced even higher fluctuations in the past several hours, which has inevitably harmed over-leveraged traders….
Casual Degen Web3 Gaming Category Gets New Title in Ragnarok Breaker
YGG Play, the game publishing division of Yield Guild Games, announced that pre-registration for its upcoming web-based title, Ragnarok Breaker, will open on Friday, June 5, 2026. The browser-based, wave-survival roguelike auto-shooter is developed by Planetarium Labs and is the…
Cardano price drops 39% in a month as active addresses hit 4-month high
Cardano price fell near $0.16 on June 5 as ADA extended its selloff and reached levels last seen around late 2020, while social activity and on-chain usage rose during the market stress. Summary Cardano price fell near $0.16 as ADA…
Zcash Patches Critical Bug Enabling Unlimited Counterfeit ZEC Minting as Price Crashes 41%
Key Takeaways Researcher Taylor Hornby found an Orchard flaw on May 29 that could mint unlimited counterfeit ZEC. ZEC dropped more than 40% over the past 24 hours as holders weighed whether fake coins had entered the shielded pool. Zcash…
Will Markets Continue to Fall When $1.8B Crypto Options Expire Today?
The end of another week has arrived, meaning more crypto options are expiring while spot markets have fallen to their lowest levels in months. Around 26,000 Bitcoin options contracts will expire on Friday, June 5, with a notional value…
Binance Research sees $2T equity wave from crypto exchanges
Binance Research said crypto exchanges may become a major gateway into global stock markets, as stablecoins and tokenized equities reduce old barriers around cost, access, settlement, and brokerage reach in underbanked regions worldwide. Summary Binance sees crypto exchanges routing 300…