Technology
Hacks
ZKsync admin wallet compromised in $5 million theft, ZK slides over 8%
The exploiter minted 111 million ZK tokens related to the unclaimed amount from ZKsync's first airdrop.
Lending
DeFi crypto lending surpasses $19 billion in 2024, nearly doubling CeFi counterpart
Open borrows across DeFi protocols reached $19.1 billion in the fourth quarter, nearly double the $11 billion registered by centralized platforms.
ETF
SEC delays decisions on staking and in-kind redemptions for crypto ETFs to early June
Grayscale will get a SEC response on ETH staking on June 1, while VanEck in-kind redemptions for its ETFs will have a regulator feedback on June 3.
Mining
Tether commits hash rate to OCEAN Mining, extending mining operations on Africa
OCEAN's DATUM allows miners to create block templates to mine Bitcoin, boosting network decentralization.
Legislation
Senator says Florida will lead US efforts to hold Bitcoin as a strategic reserve
Gruters said Florida will embrace Bitcoin, expressing confidence that the state will become "the place to be" for crypto enthusiasts.
Trading
Standard Chartered, OKX, Franklin Templeton launch trading platform pilot with tokenized fund collateral
Brevan Howard Digital, a division of the global alternative investment manager Brevan Howard, is among the first firms to participate in the pilot.
Adoption
Survey reveals 1 in 5 Americans own crypto, with 76% reporting personal benefits
About 39% of holders use it to make purchases, while 31% use crypto to send money to family or friends.
Legislation
Senators reintroduce legislation to tighten rules on crypto custody
The bill prohibits co-mingling of customers' fund and establishes a framework for mandatory proof of reserves.
Regulation
SEC acting chair signals support for regulatory sandbox to facilitate crypto trading innovation
During the SEC Crypto Task Force's second roundtable, Uyeda proposed a time-limited regulatory sandbox to foster blockchain-based securities trading innovation while ensuring compliance.
Memecoins
Pumpfun fully restores streaming feature with stricter moderation policy
The move comes one week after a test rollout to 5% of Pump.fun users, bringing back the feature removed on November because of misuse.
Adoption
Human Rights Foundation launches Bitcoin Alliance to aid global civil liberties
The nonprofit will act as a platform to exchange knowledge on using Bitcoin as a censorship-resistant financial tool.
Legal
SEC and Ripple file joint motion to pause appeals to pursue settlement terms
The suspension of proceedings happens as the parties finalize the settlement terms on the XRP case.