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Asset tokenization protocol KAIO announced it will conduct its Token Generation Event (TGE) today. The total supply of KAIO is 10 billion tokens, with the largest portion (37.5%) allocated to community and liquidity incentives. The foundation will receive 17%, while the team, early investors, and pre-TGE sale participants account for a combined 45.5%. This 45.5% allocation will be fully locked at the TGE and will unlock over 24 months following a 12-month cliff. Of the community and liquidity funds, 12.5% will be immediately available for liquidity provision at the TGE. The rest will be subject to a six-month cliff followed by a 60-month linear unlocking period.

Two hours ago, Paradigm Capital deposited 2,436 ETH, worth $5.75 million, to Coinbase Prime, Onchain Lens reported.

Colombian President Gustavo Petro has stated that the country's Caribbean region could develop into a hub for Bitcoin (BTC) mining. He noted that while Venezuela and Paraguay are currently attracting mining investment with their abundant clean energy resources, Colombia possesses similar potential. However, Petro cautioned that fossil fuel-based crypto mining could exacerbate climate change. He stipulated that any future mining operations must be developed in consultation with the indigenous Wayúu community, ensuring their inclusion as joint participants.

Samsung SDS has won the contract to build the Security Token Offering (STO) platform for the Korea Securities Depository (KSD), the Seoul Economic Daily reported. The company plans to establish a formal STO system for live transaction processing and stable service operations, with a target completion date of February 2027. This year, Samsung SDS launched a new "Digital Asset Consulting Group" within its Strategic Marketing Office's Financial Consulting Team. The group is tasked with developing business strategies and managing sales for virtual assets, including STOs and stablecoins.

U.S. cryptocurrency exchange Kraken is about 80% ready for its initial public offering (IPO), CoinDesk reported. The statement was made by Kraken Co-CEO Arjun Sethi at the Consensus 2026 conference while announcing a partnership with MoneyGram. Kraken has reportedly filed a confidential listing application with the U.S. Securities and Exchange Commission (SEC) and is waiting for favorable market conditions to proceed.

An anonymous whale address starting with 0xb5E4 has withdrawn 1.22 million HYPE, worth $52.28 million, over the past three weeks from platforms including Wintermute, Galaxy Digital, OKX, Bybit, Gate.io, and Kraken, Lookonchain reported. The on-chain analytics firm added that whales and institutions are accumulating HYPE.

The primary buyers in the Bitcoin market are now companies purchasing BTC for their corporate treasuries, not spot ETFs, according to Real Vision crypto market analyst Jamie Coutts. He noted on X that while spot ETFs are absorbing approximately 1,160 BTC per day, corporate treasury purchases, led by MicroStrategy (MSTR), are generating greater demand at around 1,834 BTC daily. Coutts highlighted that MicroStrategy alone added more than 50,000 BTC in April. He also explained that the Net Excess Buyer indicator, developed by Capriole Investments founder Charles Edwards, has climbed to 576%, signaling sustained buying pressure across the market.

A top whale on Hyperliquid has re-entered a profitable position with a large ETH long, according to EmberCN. The investor established a new long position of 99,000 ETH, worth approximately $234 million, on April 30 at an average entry price of $2,270. The position is currently showing an unrealized profit of around $9 million. This follows a previous trade where the same whale closed a $398 million long position on April 16, realizing a profit of about $68.47 million.

The Spot CVD is an order book analysis chart for the BTC/USDT spot pair. The upper section shows a Volume Heatmap, while the lower section displays the Cumulative Volume Delta (CVD). - The upper Volume Heatmap tracks the scale of trading volume at specific price levels. The background color brightens when the price remains in a certain range for an extended period or experiences a significant move. Brighter areas may act as potential support or resistance levels. - The lower Cumulative Volume Delta (CVD) indicator represents buy and sell orders categorized by capital size. As buy orders increase, the corresponding colored line rises. The yellow line tracks orders between $100 and $1,000, while the brown line represents large orders ranging from $1 million to $10 million.

South Korea's benchmark KOSPI index opened above the 7,000 mark, starting the day at 7,093.01. It is currently trading at 7,237.49, up 4.33% from the previous trading day. Meanwhile, the KOSDAQ index is also up 0.29%, trading at 1,216.62.

CoinMarketCap's Fear & Greed Index for cryptocurrency has risen two points from yesterday to 49, though it remains in the neutral stage. The index ranges from 0 (extreme fear) to 100 (extreme optimism). It is calculated based on several factors, including the price movements of the top 10 cryptocurrencies by market capitalization, market volatility, derivatives market data such as put/call ratios, the Stablecoin Supply Ratio (SSR), and CoinMarketCap's own search data.

Bitmine (BMNR) has staked an additional 157,344 ETH, worth approximately $372.39 million, according to Onchain Lens. The company is now staking a total of 4,712,917 ETH, valued at $11.12 billion. Onchain Lens also noted that two new addresses, presumed to belong to Bitmine, recently withdrew 40,000 ETH ($94.61 million) from Kraken.

U.S. President Donald Trump announced on Truth Social that the U.S. and Iran have mutually agreed to a temporary, short-term suspension of "Project Freedom," which involves ship movements through the Strait of Hormuz, while maintaining a full blockade. He added that the decision was made at the request of Pakistan and other nations, citing significant military successes against Iran and substantial progress toward a final agreement with Iranian representatives.

Sounds of explosions have been heard in the southern Iranian areas of Qeshm Island, Bandar Abbas, and Bushehr, according to local media reports.

MicroStrategy (MSTR) has reiterated that it may sell Bitcoin if doing so is advantageous for the company. During an earnings call, founder Michael Saylor outlined several strategic points: - Increase BTC holdings per share - Boost demand for and add features to its preferred stock product, STRC - Reduce debt, such as convertible notes, based on market conditions - Set the size of its dollar reserves according to STRC demand and credit risk - Adjust related leverage in line with market conditions - Sell BTC when deemed profitable for the company Late last year, MicroStrategy had stated it might sell some BTC as a last resort if other financing options were unavailable. The company has only sold its holdings once, on Dec. 22, 2022, when it sold 704 BTC and immediately repurchased 810 BTC. It has not sold any of its holdings since. MicroStrategy currently holds 818,334 BTC ($66.3 billion) at an average purchase price of $75,535.24. The company's unrealized profit on its BTC holdings is approximately $4.532 billion.

The relatively small net outflows from spot Bitcoin ETFs during the recent price downturn can be attributed to the efforts of Wall Street's sales force, Bloomberg ETF analyst Eric Balchunas said on a recent podcast. He explained, "There's an army of traditional Wall Street salespeople out there selling these BTC spot ETFs. That's why assets under management for these funds dropped by less than 10% even when BTC's price fell significantly." Balchunas suggested their pitch was likely along the lines of, "BTC is a pretty volatile asset, but don't try to trade it—just hold it, because fiat currency will continue to lose value." He added that BTC holders tend to exhibit "smart money" characteristics. "Gold spot ETFs also had a very successful start before experiencing a sharp decline, and the stock market was no different," Balchunas noted. "ETFs bring liquidity and provide the power to help the related asset eventually rise."

The global economy could transition to a blockchain-based tokenized system, Consensys founder Joseph Lubin said at the Consensys 2026 event. He stated that tokenization has moved beyond the experimental stage to become an inevitable trend, with Ethereum playing a central role. According to Lubin, technical maturity, including Layer 2 solutions, is attracting interest from regulators and traditional financial institutions. He added that transactions within the ecosystem consume ETH, which positively contributes to its value creation. As more economic activity moves on-chain, ETH could also acquire monetary characteristics, Lubin noted, dismissing recent turmoil like DeFi hacks as merely part of the disruption inherent in technological advancement.

The cryptocurrency market must strengthen its security and legal regulatory frameworks in the wake of recent DeFi hacking incidents, said Angus Fletcher, head of digital assets at U.S. asset management firm State Street. Speaking at the Consensys 2026 event, he stressed that the industry urgently needs to develop solutions before trillions of dollars in real-world assets (RWA) flow on-chain. "From an institutional perspective, interoperability between blockchains must be clearly defined, and we need to know how legal ownership and rights are established when tokens move between different chains," Fletcher explained. Other industry participants, including MORPHO, also cited enhanced security due diligence and resolving uncertainties in accounting regulations as key requirements for institutional entry.

Telegram's TON briefly surpassed $2 for the first time in approximately six months, a level not seen since last November. The token is currently trading at $1.993 on the Binance USDT spot market, up 25.11% over the past 24 hours. Previously, Telegram had announced it would participate as the largest validator on behalf of the TON Foundation and handle major operations.

Forward Industries, which has been strategically accumulating Solana (SOL), has invested $5 million in OnRe, a Solana-based reinsurance infrastructure platform, Cointelegraph reported. The company also plans to inject an additional $25 million into the platform's tokens as part of its goal to integrate the reinsurance market into a real-time, smart contract-based system.

Meme coins related to U.S. President Donald Trump, including TRUMP, MAGA, and DJT, saw a slight increase after the president's second son, Eric Trump, unveiled the official logo for the forthcoming Trump International Airport, BeInCrypto reported. The airport, currently Palm Beach Airport in Florida, is scheduled to be renamed on July 1. Despite the rebound, the outlet noted that the tokens remain significantly below their 2025 highs, with all Trump-related meme coins down more than 96% from their peaks.

Cryptocurrency hardware wallet manufacturer Ledger has partnered with Yield.xyz to support trading in Hyperliquid (HYPE)-based perpetual futures markets within its wallet ecosystem, The Block reported. This integration allows users to conduct leveraged trading in an enhanced security environment while maintaining direct control over their private keys. Yield.xyz is a non-custodial API service that enables sourcing yield from various on-chain activities, including staking, lending, and RWA yields. The Hyperliquid-based service will initially be rolled out to 20% of users in select regions, with a gradual expansion to more countries planned.

Major exchanges have seen $101 million worth of futures liquidated in the past hour. In the past 24 hours, $363 million worth of futures have been liquidated.

KelpDAO has claimed that a LayerZero (ZRO) employee approved the 1:1 validator configuration blamed for a $292 million rsETH hack. According to CoinDesk, this assertion contradicts a post-mortem analysis released by LayerZero on April 19. In its report, LayerZero stated that it had recommended a multi-DVN setup with multiple validators, but KelpDAO's rsETH application configured LayerZero Labs as the sole validator. KelpDAO countered by stating that it was never warned that a single-validator setup could pose a significant security risk during eight discussions held over a period of more than two and a half years.

U.S. Commodity Futures Trading Commission (CFTC) Chairman Michael Selig said the agency will continue to sue state governments that infringe on federal authority over prediction markets, reported Eleanor Terrett, host of Crypto in America. Selig added that he expects the dispute between the federal and state governments to reach the Supreme Court.