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An address belonging to an Ethereum ICO participant has deposited 2,500 ETH, worth approximately $5.32 million, to Kraken, Onchain Lens reported. The address currently holds an additional 1,156 ETH, valued at around $2.45 million.

European stablecoin issuer StablR has suspended issuance and redemption services for its USDR and EURR tokens following a hacking attack yesterday, CoinDesk reported. The incident involved the minting of approximately $13.5 million in uncollateralized tokens. According to on-chain analyst ZachXBT and blockchain security firm GoPlus, an attacker exploited a 1-of-3 multisig vulnerability to gain administrative privileges, subsequently minting approximately 8.35 million USDR and 4.5 million EURR. Following the event, both USDR and EURR depegged by as much as 50%, with EURR currently trading at around $0.548. StablR acknowledged that its token reserves no longer meet the 1:1 collateral ratio required under MiCA regulations and has requested that exchanges halt trading and suspend deposits and withdrawals.

Coinbase announced the listing of Citrea (CTR).

Sui announced that its assets are now securely managed by wallet provider CoinEx Global.

According to monitoring from Hyperinsight, a whale address starting with 0xdfb has closed all its BTC and ETH short positions over the past 30 minutes and switched to a 40x BTC long position. The data shows the address closed a total of $13.6 million in short positions for a profit of approximately $132,000. It then purchased about 112.7 BTC, worth around $8.72 million, at an average entry price of $77,490. The liquidation price for this new long position is $76,555.

Cryptocurrency market maker Wintermute has identified a key support zone for BTC at the $75,000 to $76,000 level, noting that the market structure has not yet completely broken down. The firm explained that while the macroeconomic environment has improved with recent declines in oil prices and stable U.S. Treasury yields, the crypto market has shown relative weakness compared to U.S. stocks. It pointed to over $2 billion in outflows from spot BTC ETFs over the past two weeks, with institutional capital appearing to shift toward AI-related equities. Looking ahead, Wintermute suggested that if the $75,000 to $76,000 support holds, BTC could retest the $80,000 mark. However, a break below this level could lead to a retest of the $70,000 to $72,000 range.

According to Hyperbot, Jeffrey Huang, a famous Taiwanese singer also known as Machi Big Brother, has added to his 25x ETH long position. The current size of the position is $14.48 million, with an entry price of $2,104.86 and a liquidation price of $2,084.43.

Hong Kong's Financial Services and the Treasury Bureau (FSTB) and the Securities and Futures Commission (SFC) have announced the results of their consultation on a regulatory framework for virtual asset services. The proposal to introduce a licensing system for these services received broad support from the market. The new licensing regime will operate under the principle of "Same business, same risk, same rules," and its regulatory scope will be designed to align with activities already regulated under the existing Securities and Futures Ordinance (SFO). Authorities stated they expect the new system to encourage greater participation in Hong Kong's digital asset market and contribute to building a secure industry ecosystem.

A small group of whales holds decisive power over the outcomes of bets on the prediction market Polymarket, Bloomberg reported. Just nine wallets control half of the total voting power in the UMA oracle system, which is used to settle disputes on the platform. Out of more than 6,400 addresses that have participated in votes over the past three years, these nine have been on the winning side of nearly every dispute, effectively wielding final say. In April 2026 alone, around 230 contracts with a trading volume exceeding $1 billion were sent to dispute resolution, with all outcomes determined by this minority. The UMA dispute resolution model incentivizes voters to align with the expected majority rather than the factual truth, creating a potential conflict of interest. If these large-scale investors place significant bets on a particular outcome while also dominating the vote, they can steer the final judgment in their favor. Risk Labs, the operator of Polymarket and UMA, had previously pledged to improve its governance process, but these plans are now on indefinite hold, according to the report.

Singaporean prosecutors have charged former Hodlnaut CEO Zhu Juntao with making false statements related to the Terra/UST collapse. Authorities allege that between May and July 2022, Zhu directed employees to post false information via Telegram and email, claiming the company had no direct exposure to UST and had not incurred any losses. He is also said to have posted similar content on his personal X account. Hodlnaut suspended withdrawals following the Terra collapse in 2022 and is now managed by court-appointed liquidators. Zhu faces a total of six fraud charges, and each charge carries a maximum sentence of 20 years in prison upon conviction.

Sean Bill, CIO of Bitcoin Standard Treasury Company (BSTR), announced the company's goal to build a "Berkshire Hathaway 2.0" by aggressively increasing its BTC holdings per share. He explained that BSTR is pursuing a strategy to actively utilize BTC in the market by entering capital markets and operating with an efficient capital structure.

The BTC market may be approaching a historical bottom, according to an analysis by crypto analyst Murphy (@Murphychen888) on X. The analysis is based on the 'short-term capital on-chain activity weight,' an on-chain indicator that reflects the proportion of recent trading activity from short-term speculation, profit-taking, and panic selling. This metric has reportedly fallen to a level seen only at bear market bottoms over the past 15 years. Murphy explained this indicates that the overheating in short-term trading has significantly subsided and that market funds are shifting toward long-term holdings. He added that the current market is likely in one of three phases: a bear market bottom, the formation of a secondary low, or a consolidation period before a bull market.

Bitwise, through its European arm, has launched and listed an exchange-traded product (ETP) on Deutsche Börse Xetra that tracks the Canton Network's native token, CC. The product, ticker BWCC, is available for trading through conventional brokerage accounts and aims to provide investors with exposure to the Canton Network and its native token.

Binance is re-entering the Philippine market under a local sandbox program, according to Cointelegraph. The exchange has partnered with BlockShoals for this purpose.

Web3 financial infrastructure platform WasabiCard announced it has officially added support for the Arbitrum network, expanding its multi-chain payment infrastructure. The integration allows users to fund their WasabiCard accounts directly on-chain from the Arbitrum network. The company said this provides a global payment experience with lower fees and higher transaction efficiency. WasabiCard added that it plans to continue expanding its multi-chain payment support to increase real-world payment use cases for stablecoins and other on-chain assets.

Iran's state broadcaster, the Islamic Republic of Iran Broadcasting (IRIB), on May 26 denied reports from some foreign media outlets that Iran and the U.S. had signed a 14-point memorandum of understanding (MOU). IRIB described the reports as "purely fabricated and baseless," according to Xinhua News Agency.

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

BitMEX co-founder Arthur Hayes and NEAR Protocol co-founder Illia Polosukhin have identified HYPE, NEAR, and ZEC as key assets poised to benefit from the cryptocurrency market's shift toward fundamentals. Speaking on the YouTube channel "The Rollup," Polosukhin argued that block space has become a commodity where supply greatly exceeds demand. He explained that NEAR is focusing on chain abstraction and its cross-chain transaction system, NEAR Intents, to connect all chains, assets, and users, thereby making block space fungible. Polosukhin stated that the old logic of buying with the expectation of offloading to retail investors is disappearing. He added that investment criteria have now shifted to whether an asset generates real revenue or if staking can unlock new features. He highlighted the potential of HYPE for its fee discounts and market access, ZEC for its privacy features, and NEAR for its cross-chain and computational capabilities. In the same discussion, Hayes asserted that cryptographic financial privacy will become essential in an era where AI, Big Tech, and governments can track everything. He also revealed that ZEC is his second-largest holding.

Babylon Labs has submitted a "Temp Check" proposal to the Aave governance forum to integrate native BTC as a collateral asset in Aave v4. The proposal centers on using "trust-minimized" BTC vaults, which would allow BTC to be used directly as collateral without the need for wrapped assets. Babylon stated that it expects this integration to expand Bitcoin's liquidity into the DeFi ecosystem.

According to data from Arkham, ETFs from 21Shares and Bitwise purchased a total of $68 million worth of HYPE last week. Arkham noted that ETF funds are continuously accumulating the asset, adding that it remains to be seen if this buying pressure will continue this week.

The market's expected volatility for Bitcoin has fallen to its lowest level in nine months, Bloomberg reported. The Bitcoin Volmex Implied Volatility Index dropped to 36.11 on May 25, marking its lowest point since last September. The index reflects the market's 30-day volatility forecast for Bitcoin based on real-time crypto option prices. According to the report, this trend is attributed to a sharp decline in trading volume and a shift in speculative interest from Bitcoin to other assets, which has reduced the demand for options hedging.

According to Polymarket data, the odds of Coinbase's Layer 2 network, Base, launching a token by the end of the year stand at 33%. In contrast, the probability of a token launch before June 30 is just 3%. The trading volume on this prediction market has now surpassed $6.66 million.

Digital asset investment products saw net outflows of $1.474 billion last week, marking the second consecutive week of withdrawals, CoinShares reported in its weekly fund flow report. Bitcoin products accounted for $1.315 billion of the outflows, while Ethereum products saw $222.8 million exit. CoinShares suggested that heightened geopolitical tensions related to Iran have strengthened risk-off sentiment in the market. The firm added that investor sentiment is worsening despite progress in discussions surrounding the U.S. CLARITY Act.

OKX has announced on its official website that it will delist three spot trading pairs: MAJOR/USD, MAJOR/USDT, and J/USDT. The MAJOR/USD pair will be delisted between 8:00 a.m. and 10:00 a.m. UTC on June 2. The USDT pairs are scheduled for delisting between 8:00 a.m. and 10:00 a.m. UTC on June 5.

The South Korean government has officially designated "building a digital asset ecosystem" as its 48th national objective, according to a report on the performance of its 123 national tasks released on May 26. The report highlighted several achievements since the current administration took office, including: - Allowing non-profit corporations and virtual asset exchanges to sell virtual assets in June 2025 - Initiating full-scale discussions on a basic act for digital assets in the second half of 2025 - Launching a 'Security Token Council' in March 2026 The government also added that the Security Token Act is scheduled for implementation in February 2027 and that it will pursue the establishment of a regulatory framework for stablecoins in the near future.