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.
Gino Matos 3 min read
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Derivatives
Pi Network token makes derivatives debut on Kraken with perpetual futures offering 20x leverage
The derivatives debut on signals growing institutional interest despite unresolved questions about Pi's decentralization and distribution.
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.
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Politics
Bitcoin nosedives 4% as Donald Trump threatens tariffs on imported iPhones and EU products
iPhones made outside of the US are to be subjected to 25% tariffs, while the EU will face a blanket 50% tariff on June 1.
Tokenization
TRUMP gala dinner attendees dump tokens before event as price falls 8% amid protests
The prestigious TRUMP gala ends in controversy with significant token sell-off and political criticism.
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.
Legal
UK Court of Appeals dismisses BSV lawsuit against Binance, others over 2019 delisting
The UK Court of Appeals affirms that BSV holders should have mitigated losses post-delisting, dismissing £9 billion damage claims.
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.
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Stablecoins
XRP Ledger sharpens competitive edge with fresh stablecoin additions of EURØP, USDB, and XSGD
RWA
Kraken to launch 24/7 trading for tokenized US stocks via Solana
Adoption
Strategy seeks to raise $2.1 billion from STRF stock offering to bolster its Bitcoin holdings
Hacks
