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Decentralized finance (DeFi) lending protocol Aave has announced plans to launch its V4 version on Arc, the proprietary blockchain of USDC issuer Circle. In response, Circle CEO Jeremy Allaire said he is excited to see Aave V4 in the Arc ecosystem, describing Aave as one of two important next-generation infrastructures for the future of DeFi.

Venture capital investment in the blockchain and cryptocurrency industry totaled approximately $4 billion in the first quarter, a nearly 50% decrease from the previous quarter, according to an analysis by crypto asset manager Galaxy. CryptoPotato reported that Galaxy's recent findings show a total of 355 deals were made in Q1, a 16% drop in volume. The report attributed the sharp decline in total funding to the failure of large, late-stage investment rounds that took place in the fourth quarter of last year. Instead, there was a notable increase in smaller seed and early-stage investments. By sector, the exchange, investment, and lending category attracted the most capital with approximately $2.6 billion, followed by wallet startups, which raised $270 million.

DeFi analytics firm Sentora (formerly IntoTheBlock) noted on its official X account that while most DeFi exploits still occur on-chain, there is a clear upward trend in off-chain and hybrid hacking incidents. The firm added that even if a contract has been officially audited for security, DeFi protocols can be exposed to hacks and have their funds drained if the controlling wallet is compromised through phishing or malware.

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

U.S. SEC Chairman Paul Atkins said in an interview with Fox Business that he is confident Congress will pass the Clarity Act and President Donald Trump will sign it.

U.S. Secretary of the Treasury Scott Bessent said the United States has seized approximately $1 billion worth of Iranian cryptocurrency assets to date, Unfolded reported.

U.S. Senator Cynthia Lummis warned that if Congress fails to pass the Clarity Act in the current session, the next opportunity to do so may not arise until 2030, U.Today reported. She emphasized that missing this window would leave developers exposed to legal risks and deprive law enforcement of the tools needed to hold malicious actors accountable. Lummis stated that the Clarity Act is designed to address both of these issues.

JPMorgan CEO Jamie Dimon has expressed his opposition to the current draft of the Clarity Act. In an interview with Fox Business, he argued that the bill would allow cryptocurrency firms to pay interest on deposits and stablecoins without necessary safeguards. Dimon also criticized the legislation for inadequately addressing Anti-Money Laundering (AML) and Bank Secrecy Act (BSA) requirements, stating it offers "almost no legal protections." He stressed that JPMorgan and other banks will fight against the bill in its current form. Dimon also took aim at Coinbase CEO Brian Armstrong, accusing him of spending hundreds of millions of dollars in Washington to get the legislation passed. He asserted that no one would yield to Armstrong, whom he described as someone who speaks "total nonsense."

The U.S. Commodity Futures Trading Commission (CFTC) has issued an advisory warning that while 24/7 derivatives trading may be suitable for blockchain-based firms, it could be inappropriate for some traditional markets, CoinDesk reported. The commission stated that due to inherent differences between markets, a shift to 24/7 trading and clearing may not be suitable for all asset types. For certain markets or products, the CFTC pointed out, extending trading hours could lead to reduced liquidity, increased volatility, and wider bid-ask spreads, ultimately creating more opportunities for market manipulation.

Former Celsius CEO Alex Mashinsky has filed a motion to vacate his 12-year prison sentence for fraud and market manipulation. According to Cointelegraph, Mashinsky submitted the request to the Southern District of New York to overturn the 144-month sentence handed down in May 2025. He argued that while he pleaded guilty to commodities and securities fraud, the verdict should be canceled due to ineffective counsel and the 'fruit of the poisonous tree' doctrine, which excludes evidence derived from illegally obtained information. Mashinsky also claimed that FTX founder Sam Bankman-Fried (SBF) attempted to destroy Celsius and is largely responsible for manipulating the price of the exchange's CEL token. Mashinsky previously announced he would represent himself in the case.

U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins, speaking at the Reagan National Economic Forum, criticized the agency's past hostile regulatory stance toward cryptocurrency, which he said forced many crypto innovations to move overseas. Atkins emphasized that he is now pursuing a new era of SEC regulatory reform focused on modernizing crypto rules, promoting the development of on-chain capital markets, and supporting the United States' growth as a global crypto hub. "We are collaborating with the CFTC to build on-chain market infrastructure and refine our approach to crypto regulation," he added. Atkins stressed that U.S. capital markets should be built on freedom and innovation, and that the role of regulators is to provide clear rules and legal certainty, not to suppress technological development.

A political agreement has been reached between Iran and the United States, but it has not yet been finalized, according to a high-ranking Iranian source.

MicroStrategy (MSTR) founder Michael Saylor stated on his X account that the U.S. Commodity Futures Trading Commission's (CFTC) guidelines are driving the development of the Bitcoin capital market. He noted that this includes 24/7 trading, BTC collateral, perpetual futures and options, and regulated access. Saylor added that he believes these measures will benefit BTC holders, support MSTR's Bitcoin strategy, and facilitate the company's evolution into a Bitcoin-based digital credit product.

Bitcoin mining difficulty increased by 1.72% to 138.96 T. The next difficulty adjustment is scheduled to occur in 13 days and 10 hours.

Aaron Klein, a researcher at the Brookings Institution, has warned that the U.S. Commodity Futures Trading Commission (CFTC) could face a regulatory dilemma over the Clarity Act. In an interview with CoinDesk, Klein noted that the CFTC was originally established to regulate commodity futures markets and was not designed to handle the scale of responsibility envisioned in current crypto-related legislation. He argued that granting the CFTC new authority without additional staff, funding, and expertise could create the appearance of regulation without substantive oversight. Klein emphasized that the debate over the Clarity Act is transforming the broader discussion about whether the CFTC can effectively regulate the crypto market.

Polymarket has announced a partnership with the soccer platform OneFootball. The collaboration will provide OneFootball users with access to Polymarket's soccer prediction market services and data.

According to CoinNess market monitoring, BTC has risen above $74,000. BTC is trading at $74,066.96 on the Binance USDT market.

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

U.S. President Donald Trump announced he will convene a meeting to make a final decision on the issue of Iran. He stressed that Iran must agree to never possess nuclear weapons and that the Strait of Hormuz must be opened immediately without any tolls.

An anonymous whale address sold 10,000 ETH ($19.82 million) in the last 30 minutes, Onchain Lens reported. The same whale has sold a total of 45,000 ETH over the past week at an average price of $2,048, amounting to approximately $92.15 million.

The U.S. Commodity Futures Trading Commission (CFTC) has approved a Bitcoin perpetual futures product, "BTCPERP," from Kalshi, a prediction market platform and Designated Contract Market (DCM). The move opens the door for regulated platforms in the United States to legally offer Bitcoin perpetual futures. The CFTC confirmed that Kalshi's contract complies with the core principles of the Commodity Exchange Act (CEA) and has mandated strict regulatory adherence for its operation.

Coinbase has announced it will offer U.S. investors access to the global cryptocurrency derivatives market. In an official blog post, the company stated that its subsidiary, Coinbase Financial Markets, will support overseas crypto options and perpetual futures markets as a Futures Commission Merchant (FCM) regulated by the U.S. Commodity Futures Trading Commission (CFTC). Coinbase noted that while crypto derivatives account for approximately 80% of global crypto trading volume, U.S. investors have previously lacked a regulated way to trade them. This initiative will now allow U.S. customers to access global liquidity for crypto options and perpetual futures. Notably, the service will provide access to Deribit, one of the world's largest crypto options exchanges. Deribit's open interest in Bitcoin (BTC) options exceeds $31 billion, representing a majority of the global crypto options market.

Crypto market maker Wintermute is expanding its business into the prediction market sector, The Block reported. Jake Ostrovskis, head of OTC at Wintermute, said that while prediction markets are seeing demand similar to that of large asset classes, their liquidity is still in its early stages. He added that for these platforms to develop into reliable, real-time probability markets, they require continuous two-way liquidity.

Paul Brigner, chief policy and regulatory officer at the Zcash Open Development Lab (ZODL), has refuted claims on X that Zcash (ZEC) is banned in the European Union. He clarified that EU regulations only restrict regulated crypto service providers from handling accounts and transactions where user identity or transaction history cannot be verified. Brigner emphasized that this does not constitute a ban on the Zcash protocol, holding ZEC, self-custody, P2P transactions, or public transactions. He added that Zcash supports both public and private addresses, and transactions based on public addresses are similar to Bitcoin, with the sender, receiver, and transaction amount all publicly visible.

The U.S. Commodity Futures Trading Commission (CFTC) has for the first time approved Bitcoin perpetual futures trading on regulated exchanges, CoinDesk reported on May 29. Perpetual futures, a popular derivative product that allows investors to speculate on an asset's price without an expiration date, had previously been unavailable in the U.S. due to regulatory hurdles, pushing the market to overseas decentralized exchanges (DEXs) like Hyperliquid. In a written contribution, CFTC Chairman Mike Selig said the decision lays the groundwork to bring innovation and liquidity back to the U.S. that was driven overseas by the previous administration. He added that the approval provides a key tool for risk management and price discovery. Despite ongoing risks, such as the recent flash crash on Hyperliquid, the CFTC plans to foster the market by managing systemic risks, including by limiting excessive leverage. The move comes as the SEC and CFTC are issuing a series of temporary regulatory guidelines to support the industry ahead of formal legislation from Congress, such as the CLARITY Act. These efforts include establishing a token classification system and reviewing exemptions for securities tokenization.