Bitcoin Outflows Hit Record $2.8 Billion
U.S. spot bitcoin ETFs face record nine-day net outflows, totaling $2.8 billion, as $BTC drops from $80K to $73K; monthly withdrawals now at $2.3 billion. #Update #Crypto $BTC
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XRP Ledger Blocks Flash Loan Attacks
@Ripple’s XRP Ledger proposal aims to eliminate flash loan attacks, a major exploit costing DeFi over $2.8 billion since 2021. This could enhance XRPL’s DeFi competitiveness. #Update #Crypto $XRP
Binance Launches Bold 2030 Growth Strategy
@Binance aims to grow its active user base to 3 billion by 2030, despite market challenges; Coinbase cuts 14% of staff amid downturn. Total crypto market cap at $2.7 trillion. #Update #Crypto $BTC
DeFi Expands Hyperliquid Set to Dominate
@Hyperliquid is gaining traction as a decentralized trading platform, processing $2.9 trillion in perpetual futures volume in 2025, with ambitions extending into tokenized assets and prediction markets. #Update #Crypto $HYPE
Bitcoin Seizes $1 Billion in Iranian Crypto
The U.S. seized approximately $1 billion in cryptocurrency linked to Iran as part of Operation Economic Fury, aiming to disrupt Tehran’s funding channels amid severe economic conditions. #Breaking #Crypto $USDT
SEC Sues Texas Man Over $12.3M Crypto Fraud
The U.S. SEC has sued Nathan Fuller for allegedly defrauding investors of $12.3M through false claims about AI trading bots, seeking penalties and injunctions. #Breaking #Legal $BTC
AI Hackers Keep Banks Off Blockchain
@CertiK’s CEO Ronghui Gu warns that traditional financial institutions hesitate to move trillions onchain due to rising AI-driven hacks, with April seeing daily exploits, including a $600M loss from North Korean attacks. #Update #Crypto $BTC $ETH
XRP ETFs Surge by $35 Million Amid Losses
U.S. spot $XRP ETFs saw $35 million in inflows from May 20-29, while bitcoin and ether funds lost $1.7 billion and $309 million, respectively. #Update #Crypto $XRP
Bitcoin Faces Record 9th Day of ETF Outflows
Bitcoin $BTC is stabilizing near $73,500, 10% below its monthly high, as ETF outflows hit a record nine days, signaling waning demand amid geopolitical easing. #Update #Crypto $BTC
Hyperliquid Surpasses NASDAQ Says ICE CEO
@ICE CEO Jeffrey Sprecher claims decentralized perpetual futures platform Hyperliquid is “bigger than NASDAQ,” noting its significant market activity and oil trading during weekends. #Update #Crypto $HYPE
Bitcoin Faces Quantum Threat Beyond Wallet Keys
Andrew Gault warns that the biggest quantum risk for Bitcoin isn’t wallet keys but data in transit, potentially exposing sensitive authentication records to future quantum decryption. #Update #Crypto $BTC
Crypto Perpetuals Transform Future Landscape
This morning, the Commodity Futures Trading Commission approved a true bitcoin perpetual contract for CFTC-registered exchanges, marking a significant step for U.S. crypto regulation. #Update #Crypto $BTC
Clarity Act Sparks Oversight Regulation Concerns
Klein warns that expanding the CFTC’s authority under the Clarity Act could lead to ineffective regulation without adequate resources, risking repeat failures in crypto oversight. #Update #Crypto
Stablecoin Battle Escalates Amid CLARITY Act
JPMorgan Chase CEO Jamie Dimon criticized @Coinbase CEO Brian Armstrong over stablecoin regulations in the Clarity Act, warning of potential failure if banks’ concerns aren’t addressed. #Update #Crypto $USDC