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United Texas Bank (UTB) has received approval from the U.S. Office of the Comptroller of the Currency (OCC) to convert from a state bank to a federally chartered institution, CoinDesk reported. UTB stated that this transition grants it direct access to the Federal Reserve's payment network, positioning it to become a key bank connecting cryptocurrency firms with the U.S. financial system. The company added that it currently processes $10 billion in dollar payments per month for global crypto businesses. UTB also announced plans to launch "UTB Atomic," an AI-based real-time payment network, and "UTB Prism Sentinel," an AML/BSA monitoring platform. The bank further explained it intends to expand its custody and trust services to comply with potential regulatory frameworks for stablecoins and digital assets, such as the CLARITY Act and the GENIUS Act.

Cash App, the payment platform from Jack Dorsey's Block, has begun supporting USDC stablecoin transfers on networks including Ethereum, Solana, Polygon, and Arbitrum. There are currently no transfer fees. The app automatically converts any received USDC into a user's dollar balance. However, the service is not yet available to users in New York, and all users must complete an identity verification (KYC) process.

Whale Alert reported that 250 million USDC has been minted at the USDC Treasury.

Strive's SATA has raised enough funds in a single day to purchase 396 BTC. This amount surpasses the previous weekly record in just two trading days. Furthermore, the total raised this week has expanded to a level capable of acquiring up to 798 BTC, and the amount is reportedly still increasing.

U.S. Senator Cynthia Lummis has stated that if the Clarity bill is not passed, American developers could once again face prosecution in the near future simply for publishing code, BitcoinNews reported. She added that this issue is at the core of the proposed legislation.

Elon Musk is discussing a potential merger between Tesla and SpaceX, CNBC reported. If the deal proceeds, the combined entity would become the fifth-largest publicly traded company in the world by Bitcoin holdings, with its BTC assets valued at approximately $3.3 billion. Currently, Tesla holds 11,509 BTC and SpaceX holds 18,712 BTC. A unified company would possess a total of 30,221 BTC.

The number of Worldcoin whale transactions has surged to 64 over the past 24 hours, marking a new high for the year, according to data from Santiment. Network activity has also seen a significant uptick, with active addresses reaching 1,309—the second-highest figure this year. The creation of new wallets hit 379 in the same period, also setting a new yearly record. A simultaneous increase in whale activity, active addresses, and new wallets typically signals growing participation from both large-scale and retail investors.

U.S. President Donald Trump said that while a war with Iran could be ended quickly, and might have to be, he does not believe it will be necessary.

U.S. President Donald Trump said the United States will continue to maintain its freeze on Iranian assets.

The Total Value Locked (TVL) in Ondo Finance's stock tokens has surpassed $1.17 billion, setting a new all-time high, Odaily reported. The figure represents a 42.3% increase over the past month and an 11% increase over the past week.

U.S. President Donald Trump stated on May 27 that he is not yet satisfied with the progress of nuclear negotiations with Iran. Speaking at a White House cabinet meeting, Trump said that while he believes Iran is eager to make a deal, an agreement has not yet been reached. He expressed confidence that a satisfactory outcome would eventually be achieved but added that if a deal is not made, the U.S. might have to take other actions to "finish the job."

Aztec Labs, an Ethereum privacy-enhancing Layer 2 project, has acquired identity verification solution ZKPassport, The Block reported. The entire ZKPassport team, including co-founders Michael Elliott and Theo Mazu, will join Aztec Labs. ZKPassport is a tool that uses Zero-Knowledge Proof technology to allow users to prove specific attributes, such as nationality or age, without revealing their actual personal information. It works by scanning a passport with a smartphone's NFC chip to generate an encrypted signature.

Investment bank Jefferies predicts that a boom in initial public offerings (IPOs) by cryptocurrency firms will create a market worth $1 trillion within the next five years. According to CoinDesk, there has been a rapid shift in institutional investor interest away from betting on Bitcoin's price volatility and toward the technological infrastructure that integrates blockchain into real-world financial systems such as payments, settlements, and lending. Jefferies explained that a wave of listings from crypto and blockchain companies is expected within the next two years, with the combined market capitalization of these firms projected to reach $1 trillion within five years.

JPMorgan CEO Jamie Dimon suggested the possibility of issuing a stablecoin, Foresight News reported.

Project Agorá, a tokenization initiative led by the Bank for International Settlements (BIS), has found that using tokenized central bank money and commercial bank deposits can significantly improve the speed and reliability of cross-border payments, CoinDesk reported. Backed by major central banks, the project is now set to advance to a real-value testing phase to settle these tokenized assets on a blockchain.

The White House has announced that negotiations regarding Iran's nuclear program are proceeding smoothly, adding that President Donald Trump has clearly established a red line.

Amid price stagnation and declining market share, Ethereum has identified privacy as its next key growth driver. However, some observers believe the network could become obsolete if it fails to deliver tangible progress on this front within 12 months, CryptoSlate reported. The pressure is mounting for Ethereum to secure the transaction confidentiality demanded by institutions to maintain its position as the base settlement layer, especially as privacy-focused assets like Zcash and Monero gain market traction. In response, Ethereum founder Vitalik Buterin has outlined a three-part technical roadmap for privacy, including FOCIL to prevent transaction censorship, Account Abstraction and Keyed Nonces to anonymize account behavior patterns, and Kohaku for wallet-layer privacy.

Total sales of tokenized assets related to Pokémon cards reached an all-time high of $7.4 million in the first week of May, ODaily reported. This figure represents a 337% increase compared to the same period last year. Courtyard leads the market with a 46% share, followed by Collector Crypt at 27% and Phygitals at 26%. The tokenization of rare Pokémon cards addresses the risks of physical trading, such as counterfeiting, shipping accidents, and damage. In this real-world asset (RWA) model, the physical cards are stored in professional vaults while ownership is traded on-chain.

Bitwise, the issuer of the HYPE ETF, has purchased 301,863 HYPE worth $18.43 million over the past three hours, Lookonchain reported.

Bitwise, the issuer of the HYPE ETF, purchased 183,162 HYPE worth $11.31 million from Coinbase and Cumberland, according to Onchain Lens. As of May 25, the company's total holdings have reached 1,037,410 HYPE, valued at $62.92 million.

The White House has indirectly denied a report by Iranian state television regarding a draft memorandum of understanding between the U.S. and Iran, stating that no agreement has been reached, Solid Intel reported.

Block's Cash App has introduced features for depositing, withdrawing, and paying with Circle's USDC stablecoin, CoinDesk reported. The functionality is currently active for 25% of users and is scheduled for a full rollout by this weekend. The service supports multiple networks, including Ethereum, Solana, Polygon, and Arbitrum. Users can deposit USDC from external wallets to top up their fiat balance or withdraw their cash balance as USDC.

More than 40 major exchanges and financial firms, including Coinbase, Kraken, and Binance.US, have launched the Transparency Alliance, CoinDesk reported. The group has adopted the 'Token Transparency Framework,' developed by Blockworks, as its disclosure standard. Already, 44 major protocols, such as Morpho, Jupiter, and dYdX, have completed disclosures according to these criteria. The disclosures go beyond simple technical descriptions to include key data that has often been kept private, such as insider token allocations, contract terms with market makers, exchange listing agreements, and buyback programs.

A hacker who gained access to the private key of a deployer for the crypto liquidity staking platform Stake DAO (SDT) minted 5.4 trillion vsdCRV tokens without authorization. However, the attacker was only able to cash out $91,000 from the exploit due to insufficient liquidity to absorb the massive sell order, Cointelegraph reported. The incident stemmed from a failure in operational security rather than a flaw in the smart contract, as the theft of a single deployer key allowed the unauthorized minting to occur in just 25 seconds.

A HYPE whale identified as bizyugo.hl has unstaked 300,000 HYPE, worth approximately $18.1 million, BlockBeats reported. Even after this move, the whale continues to have more than 700,000 HYPE staked.