Cetus Protocol Dangles $6M Bounty to Recover $223M Lost in Exploit
Cetus Protocol, the largest decentralized exchange on the Sui blockchain, has issued a $6 million whitehat bounty to the hacker behind a devastating $223 million exploit on May 22. In an on-chain message and public statement, Cetus said it had…
Sonic Labs Strengthens S Token Liquidity Through GSR Alliance
Sonic Labs has selected GSR, a veteran crypto market maker, to help supercharge the liquidity of its S token and broader DeFi stack. The firm made the announcement on May 22, emphasizing that this partnership will drive sustainable growth across…
Trump’s Crypto Gala Sparks Ethics Backlash, Waters Responds with Bill
U.S. President Donald Trump’s upcoming gala dinner for $TRUMP meme coin investors has drawn fierce backlash from Congresswoman Maxine Waters (D-CA), who is spearheading new legislation to prevent political profiteering from digital assets. Crypto Ownership Limits Proposed for Public Officials…
Bitcoin Hits $111K on Pizza Day Anniversary, Signaling Institutional Confidence Amid Market Volatility
On May 22, 2025, Bitcoin reached a new all-time high of $111,986.44, coinciding with the 15th anniversary of “Bitcoin Pizza Day“—the date marking the first real-world transaction using Bitcoin. In 2010, developer Laszlo Hanyecz paid 10,000 BTC for two pizzas,…
Texas Set to Make History with State-Backed Bitcoin Reserve
Texas is on the cusp of becoming the first major U.S. economy to actively hold Bitcoin as part of its state reserves, following the passage of the Strategic Bitcoin Reserve and Investment Act (SB 21) in the House of Representatives….
Jamie Finn Joins Sei Development Foundation as Strategic Advisor to Advance Tokenized Asset Vision
On May 20, 2025, the Sei Development Foundation announced the appointment of Jamie Finn, co-founder of Securitize, as a strategic advisor. The move underscores Sei’s ambition to position itself as a leading blockchain for tokenized real-world assets (RWAs) and institutional…
Robinhood Urges SEC to Approve Blockchain-Based Securities Trading Platform
With tokenized real-world assets (RWAs) poised to reshape financial markets, Robinhood has officially petitioned the U.S. Securities and Exchange Commission (SEC) to establish a national framework for digital asset trading. The company’s 42-page proposal, revealed by Forbes on May 20,…
Russia’s Darknet Market ‘Kraken’ Defies Global Decline, Crypto Sales Surge 68%
A new report from Chainalysis has revealed a 15% drop in global cryptocurrency sales across darknet markets in 2024, with Bitcoin transactions bringing in just over $2 billion. Fraud shops dealing in counterfeit goods accounted for $225 million in inflows….
Shiba Inu Price Rally Stalls as Burn Rate Drops and Futures Interest Wanes – What’s Next?
Shiba Inu’s bullish momentum has waned, with the token now trading at $0.000015, a decline from its recent high of $0.00001750. The 24-hour trading volume has slumped to $173 million, lagging behind major meme coins like Dogecoin ($1.416 billion) and…
Milei Siblings Fail to Attend LIBRA Scam Hearing as Investigation Deepens
Argentine President Javier Milei and his sister Karina Milei did not appear in court for a virtual hearing related to the ongoing LIBRA meme coin scandal. The court session, held as a preliminary step toward possible civil litigation, saw no…