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The U.S. Federal Deposit Insurance Corp. proposed its first stablecoin rule under the GENIUS Act, initiating a 60-day public comment period on application procedures for banks to issue stablecoins. #Update #Crypto $USDC
@RedotPay has raised $107 million in a Series B funding round to enhance stablecoin payments globally, now serving over 6 million users and processing $10 billion annually. #Update #Crypto $USDC
@KindlyMD (NAKA) risks delisting from Nasdaq after shares closed below $1 for 30 days; must exceed this price for 10 consecutive days by June 8. Owns 5,398 BTC ($466M). #Update #Crypto $NAKA
@StraitsX plans to launch Singapore dollar stablecoin $XSGD and U.S. dollar stablecoin $XUSD on Solana in early 2026, enabling instant online currency swaps, enhancing DeFi applications. #Update #Crypto $SOL
A critical vulnerability in React Server Components, CVE-2025-55182, is actively exploited by hackers, risking crypto platforms and potentially draining user assets. #Breaking #Crypto $XMR
Crypto markets faced a significant leverage reset with over $584 million liquidated, primarily in long positions, as $BTC and $ETH saw $174.3 million and $189 million wiped out, respectively. #Update #Crypto $BTC
@StartaleGroup and @SBI_Holdings plan to launch a regulated yen-denominated stablecoin for global settlement by Q2 2026, targeting the $300 billion stablecoin market. #Update #Crypto $USDSC
@Nasdaq plans to extend trading hours to 23 hours daily, starting Sunday at 9 p.m. ET, responding to global investor demand and aligning with crypto’s 24/7 trading model. #Update #Crypto $COIN
SEC Chairman Paul Atkins warns that without proper regulations, the crypto sector could enable mass surveillance, risking investor privacy. He advocates for policies to protect lawful transactions from government overreach. #Update #Crypto
@MicroStrategy’s junior preferred stock $STRD saw its credit spread tighten to 8.12% over the U.S. 10-Year Treasury, indicating strong demand, despite $BTC dropping below $86K. #Update #Crypto $STRD
Prediction markets are emerging as a new asset class with monthly volumes around $10 billion, driven by platforms like @Robinhood and Polymarket, despite regulatory risks. #Update #Crypto $BTC
@JPMorgan has launched its My OnChain Net Yield Fund (MONY), a tokenized money market fund on Ethereum, seeded with $100M, targeting institutional investors. #Update #Crypto $USDC
The U.K. government will introduce legislation on Monday to extend financial regulations to crypto companies by October 2027, aiming to provide clear rules and prevent market misconduct. #Update #Crypto
@DohaBank has issued a $150M digital bond on Euroclear’s DLT platform, achieving same-day settlement, highlighting institutional demand for regulated tokenized debt. #Update #Crypto $USDT
