Sui community approves on-chain vote to recover funds frozen after $223M Cetus hack
The Sui community has voted to unlock over $160 million in frozen assets following a major exploit of Cetus, a leading decentralized finance protocol on the network. In a May 29 post on X, Sui (SUI) confirmed that validators representing…...
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Top House Democrat Launches Probe Into Trump’s Private Memecoin Dinner
A top House Democrat has launched an investigation of US President Donald Trump’s private dinner with investors of his official TRUMP memecoin. A week after the controversial event, the House Representative seeks to shed light on some of the ethical and legal concerns raised by several Democrats. Probe Into...
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Midas brings yield-bearing US Treasury exposure to Algorand’s DeFi ecosystem
Tokenization protocol Midas has launched a tokenized U.S. Treasury bill on the Algorand blockchain, offering European investors retail access to yield-bearing government bonds with no minimum investment. According to a May 29 announcement from the German-origin firm, mTBILLs, which represents…...
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Bitcoin Bull James Wynn Close to Total Liquidation as Losses Near $100M
James Wynn, the Hyperliquid trader who had at one time a billion-dollar notional position, has become an outsized victim of bitcoin’s BTC cooling sentiment. Wynn’s current highly leveraged BTC position, which he appears to be struggling to maintain, spiralled into a loss of nearly $100 million over the last...
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Binance Beats the SEC as Lawsuit Quietly Disappears
In a move that feels like the end of an era, the Securities and Exchange Commission has officially dropped its lawsuit against Binance and founder Changpeng Zhao. The Binance lawsuit was one of the last major battles left from the government’s earlier crackdown on crypto, and now it’s over....
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BlackRock’s Bitcoin ETF Breaks Records with $6.2B May Inflows
BlackRock’s iShares Bitcoin Trust (IBIT) is closing out May with a bang. The BlackRock Bitcoin ETF brought in over $6.2 billion this month alone, setting a new personal best. That’s not just a strong month, it’s the strongest since IBIT launched, and it didn’t launch that long ago. Day...
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U.S. SEC dismisses lawsuit against Binance crypto exchange
The U.S. Securities and Exchange Commission has formally dropped its lawsuit against Binance and co-founder Changpeng Zhao. A joint motion to dismiss the case was filed in federal court in Washington, D.C., on May 29. In its initial complaint, filed…...
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Mark Zuckerberg Already Made It To ‘Step 1’ By Naming His Goat Bitcoin — Now Investor Dials Meta To Ask Him To Add BTC To Company’s Reserves
Matt Cole, CEO of Strive Asset Management, publicly called on tech behemoth Meta Platforms Inc. (NASDAQ:META) on Wednesday to buy Bitcoin (CRYPTO: BTC) for its balance sheet. What happened: Cole dialed the company from the Bitcoin 2025 conference in Las Vegas, listing the benefits of adding Bitcoin to corporate...
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NYC officers temporarily removed from active duty over suspected role in SoHo crypto torture case
The incident highlights potential vulnerabilities in law enforcement integrity, raising concerns about trust and accountability within the NYPD. The post NYC officers temporarily removed from active duty over suspected role in SoHo crypto torture case appeared first on Crypto Briefing....
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Massive $11.5B Crypto Options Expiry Today: Will It Lead to More Market Losses?
Around 92,500 Bitcoin options contracts will expire on Friday, May 30, and they have a notional value of roughly $10 billion. This week’s event is larger than usual as it’s the end of the month, which could induce more volatility into markets that have been in retreat for the...
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