Stablecoins
Hacks
Solana’s Raj Gokal doxxed via Migos’ Instagram account after failed 40 BTC extortion bid
The hackers breached one of Gokal's email accounts days before the incident, which has no relation with Coinbase's recent data breach.
RWA
Solana reveals attestation service to supercharge internet capital markets
The new attestation service could validate on-chain the real holders of tokenized equities related to internet capital markets projects.
Crypto
SEC Crypto Task Force discusses securities tokenization with Nasdaq, DeFi startups
The idea of a regulatory sandbox for tokenized securities came up in three separate meetings held last week.
Analysis
Bitcoin consolidates below all-time high as profit-taking, tariff risks cool price momentum
Despite the pressure from profit-taking and tariff risks, Bitcoin held its ground and is in a "healthy consolidation" phase.
Crypto
Trump Media reportedly plans $3B raise for crypto buys via equity raise, bond backing
Sources reported that $1.5 billion would be immediately directed to buy Bitcoin, turning TMTG the seventh-largest BTC holder among publicly listed and private companies.
Analysis
Indicators show retail remains sidelined as Bitcoin trades at new highs
Retail lag as Bitcoin surges to new highs, hinting at institutional dominance over individual investors.
Adoption
Bitcoin balance sheet adoption could hit 20% of BTC supply by 2026
Nation-states top the list with a $161.7 billion allocation built on a 5% swap of existing gold reserves into Bitcoin, equal to 1.62 million BTC.
Hacks
Cetus posts $5M bounty for hacker’s ID amid centralization concerns on Sui freeze
The bounty follows a lack of response from the hacker and comes amid centralization concerns regarding Sui validators.
Memecoins
Solana memecoin average daily volume surges 46% in May, echoing Bitcoin’s recovery
Despite the increase in memecoin trading volume, the numbers are still below pre-LIBRA scandal levels.
Lending
Active DeFi loans hit all-time high at $23.7B as TVL nears pre-tariff levels
Active loans showing a faster pace suggest traders are seeking on-chain leveraging and higher yields.
Derivatives
Volatility Shares debuts first 1x XRP futures ETF for US investors
In addition to the unleveraged XRP ETF, the issuer also offers a 2x leverage XRP futures ETF.
Adoption
BPI releases policy manifesto urging US to lead in Bitcoin infrastructure
The blueprint focus on integrating Bitcoin into the US economy, providing regulatory clarity, and boosting mining.
