Ethereum DeFi Raises $175M Challenges Wall Street
Morpho raises $175M led by Paradigm, Ribbit Capital, and a16z crypto, valuing it at $2B. The protocol aims to integrate traditional finance into DeFi. #Update #DeFi
Bitcoin Launches Wrapped Version on Ethereum
@Circle has launched cirBTC, a wrapped Bitcoin on Ethereum, backed 1:1 by Bitcoin and aimed at institutional investors. This move positions Circle against Coinbase and BitGo in the synthetic Bitcoin market. #Update #Crypto $BTC
Bitcoin Eyes $53K Low Before 2028 High
Bitcoin ($BTC) is expected to see new all-time highs in 2028, with a key buy-in level at $53,000 as the market approaches a bear-market bottom. #Update #Crypto $BTC
Tokenization Takes Priority Over DeFi Rules
@Cointelegraph reports that EU adviser Peter Kerstens suggests prioritizing a digital asset framework over DeFi regulation in MiCA review, stating DeFi lacks representatives and may not need regulation. #Update #Crypto
Bitcoin Inflows Plummet as AI Investments Surge
Bitcoin’s $BTC price has dropped to $63,271.85 amid declining capital flows and retail investors shifting focus to AI, with ETF outflows totaling $2.6 billion this year. #Update #Crypto $BTC
Bitcoin Dips to $62500 After Two-Day Rally
Bitcoin ($BTC) is down 1% to $62,500 amid a broader market rally, following a $36M exploit of the Humanity Protocol. U.S. inflation data is expected tomorrow. #Update #Crypto $BTC
CFTC Approves Kalshi’s HYPE Futures Trading
@Kalshi has filed with the CFTC to launch perpetual futures for Hyperliquid ($HYPE), expanding its offerings after recently introducing Bitcoin and Ethereum perpetuals. $HYPE price rose 1% to $61.95 amid increased trading volume. #Update #Crypto $HYPE
Bitcoin Buying Opportunity Below $60K Revealed
Bitcoin’s recent crash reignites $60,000 discussions, but analyst Merlijn The Trader suggests waiting for a lower entry between $48,000 and $59,000 as the real accumulation phase. #Update #Crypto $BTC
OKX Launches X-Perps for Gold and Oil
@OKX has launched X-Perps for European retail, offering futures on the Magnificent 7, SPY, QQQ, and major commodities with up to 10x leverage; volumes surged 447% since May 1. #Update #Crypto $BTC $ETH
Tokenization Must Lead EU DeFi Strategy
@EuropeanCommission adviser Peter Kerstens suggests focusing on a broader digital asset framework instead of regulating DeFi under MiCA, emphasizing the challenges of applying laws to decentralized networks. #Update #Crypto
Bitcoin Eyes $53K Low Before 2028 High
Bitcoin ($BTC) is expected to reach new all-time highs by 2028, with a critical buy-in level at $53,000 as market uncertainty persists around the $60,000 mark. #Update #Crypto $BTC
Bitcoin Heist Exposes $36 Million Multisig Wallet
@HumanityProtocol reported a $36 million exploit due to a compromised laptop storing multisig wallet keys, allowing an attacker to drain 141 million H tokens on Ethereum and mint 200 million on BNB Chain. #Breaking #Crypto $H (-8) ↘
Laptop Compromise Triggers $36M Bridge Attack
@Humanityprot reported a laptop compromise led to a $36M theft of H tokens across Ethereum and BNB Chain, causing an 85% drop in value. Investigations are ongoing. #Breaking #Crypto $H (-8) ↘
Crypto Rewards Surge at Japanese Bank
@SBI Shinsei Bank will launch a crypto rewards program for depositors, offering vouchers worth 20% of earned interest exchangeable for $BTC, $ETH, or $XRP. Pilot starts June 10, 2026. #Update #Crypto $BTC $ETH $XRP