Binance News

HYPE has overtaken Dogecoin to become the tenth largest cryptocurrency by market capitalization, according to Coingecko data. The market cap of HYPE is reported at $15.401 billion, slightly above Dogecoin's $15.371 billion. Currently, HYPE is priced at $69.13, reflecting a 2% increase over the past 24 hours. Over the past week, HYPE has risen by 9.2%, and it has surged by 68.9% in the last 30 days. According to ChainCatcher, this marks a significant milestone for HYPE in the cryptocurrency market.

Michael Saylor has indicated that Strategy might soon announce additional Bitcoin acquisitions. The company currently holds 843,738 BTC. This announcement comes just days before a proxy vote scheduled for June 7, which will decide on changing STRC dividends to semi-monthly payments. According to NS3.AI, Strategy stated that the amendment requires approval from 50% of the 85 million shares outstanding as of April 17, 2026, to be enacted.

On May 31, 2026, 15:53 PM(UTC). According to Binance Market Data, BNB has crossed the 720 USDT benchmark and is now trading at 721.26001 USDT, with a narrowed 3.93% increase in 24 hours.

A $1.26 billion block sale of BlackRock’s iShares Bitcoin Trust (IBIT) shares was likely a rapid exit by a large investor, according to crypto investment firm NYDIG. The transaction, executed on May 26, involved 29.21 million IBIT shares sold at a 2.3% discount, indicating a priority on speed over price maximization. NYDIG dismissed the theory that the sale was an arbitrage unwind, citing the lack of unusual CME bitcoin futures volume. The sale occurred amid sustained outflows from U.S. spot bitcoin ETFs, according to CoinDesk.

Google's Debug initiative has requested approval from the US Environmental Protection Agency (EPA) to release up to 32 million Wolbachia-treated male mosquitoes in Florida and California over two years. According to BeInCrypto, the proposal aims to control mosquito-borne diseases by using male mosquitoes carrying Wolbachia bacteria, which prevents eggs from hatching when they mate with wild females. The EPA will review public comments until June 5 before deciding on the permit. This marks a significant move by Google into large-scale biological field operations.

On May 31, 2026, 13:20 PM(UTC). According to Binance Market Data, BNB has crossed the 730 USDT benchmark and is now trading at 730.75 USDT, with a narrowed 8.74% increase in 24 hours.

Aave has released a post-incident investigation regarding the rsETH event on April 18. According to Foresight News, the liquidity staking protocol Kelp's rsETH LayerZero V2 cross-chain bridge accepted a forged message during the cross-chain process from Unichain to Ethereum. This resulted in the release of 116,500 rsETH on the Ethereum side without a corresponding burn on the Unichain side. Aave stated that the attack occurred through third-party cross-chain bridge infrastructure, with the attacker depositing the stolen rsETH into eight Aave V3 positions and borrowing 82,650 WETH and 821 wstETH, impacting the Aave market.Aave reported that the rsETH held by the attacker on Arbitrum has been destroyed, and the LayerZero OFT adapter has replenished 116,131.72 rsETH in five batches. The asset backing for rsETH has been fully restored, and the affected WETH and rsETH markets have returned to normal.

According to Foresight News, Specter chain monitoring has revealed that $91,000 of stolen funds from the Gravity Bridge cross-chain bridge have been frozen with the support of ChangeNOW. The attacker still holds the majority of the stolen assets, which have not yet been transferred.
Earlier reports from Foresight News, citing Specter monitoring, indicated that Gravity Bridge experienced a security breach, possibly due to a contract key leak, resulting in a total loss of approximately $5.4 million. The stolen assets include $4.3 million in USDC, 274 ETH valued at around $553,000, $434,000 in USDT, and 14.164 PAYG tokens worth $64,000.

House Financial Services Committee Chairman French Hill announced that tokenization will be the committee's next major focus following stablecoins and market structure. According to NS3.AI, Hill stated that lawmakers are currently evaluating whether tokenization requires legislative action or if it can be managed at the regulatory level. Additionally, Hill mentioned that successful GENIUS rulemaking and the passage of Clarity would initiate a joint rulemaking process between the CFTC and SEC, expected to last about 12 months.

According to Foresight News, data from Follow the Crypto reveals that companies and individuals in the cryptocurrency industry have donated over $320 million to influence the 2026 U.S. midterm election cycle. Approximately $127 million of these donations have been directed towards Republican-related entities, which is about 11 times the $11.5 million given to Democratic-related entities. Additionally, around $182 million has been allocated to non-partisan or unknown recipients. The platform also reports that crypto-related political action committees (PACs) currently hold over $259 million in funds, with FairShake accounting for approximately $193 million of this total.

Bitcoin (BTC) futures on the Chicago Mercantile Exchange (CME) have started trading continuously, eliminating the weekend gaps that traders have used for nearly nine years to predict short-term price movements. According to BeInCrypto, this change, effective May 29, ends a market quirk that began with the launch of Bitcoin futures in December 2017. The CME now offers continuous trading for Bitcoin, Ether (ETH), Solana (SOL), and six other contracts, with brief maintenance windows. This shift allows institutions to manage risk in real-time over weekends, addressing a long-standing limitation.

Wall Street's clearing giant has opted for a public blockchain equipped with compliance tools designed for regulated assets, according to CoinDesk. Stellar Development Foundation CEO Denelle Dixon confirmed the selection, highlighting the blockchain's capabilities in meeting regulatory requirements. This move underscores the growing integration of blockchain technology in traditional financial systems, aiming to enhance transparency and efficiency in asset management.

U.S. clearing giant DTCC has chosen Stellar as the first public blockchain to connect to its upcoming tokenized securities settlement platform, according to CoinDesk. This decision marks a significant step in a long-standing relationship with Securrency, now DTCC Digital Assets, which collaborated with Stellar to integrate compliance tools such as clawbacks and identity controls into the network. The integration aims to support the issuance and management of tokenized securities, potentially involving major indexes and U.S. Treasuries. DTCC oversees over $114 trillion in assets, highlighting the importance of this move.

The global cryptocurrency market cap now stands at $2.5T, up by 0.85% over the last day, according to CoinMarketCap data.Bitcoin (BTC) has been trading between $73,550 and $74,276 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $73,956, up by 0.53%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include PORTAL, STRAX, and SIGN, up by 49%, 29%, and 22%, respectively. BNB Breaks Out as ETF Access, Nomura Custody, and Vietnam Credit Plans Broaden AdoptionBNB’s rally above 740 USDT led a firmer crypto tape after VanEck launched a spot ETF on Nasdaq, adding institutional access to a token backed by $13.4 billion in stablecoin supply on BNB Chain. Nomura’s Laser Digital also advanced toward a U.S.-regulated trust bank, while Vietnam proposed allowing digital assets as collateral for SME loans. The adoption story is widening from trading products to custody, payments, and real-economy credit. Trump Sends Tougher Terms to Iran for Peace Framework, Officials Say Key Takeaways:Revised Iran peace proposal with stricter conditionsUnfreezing Iranian funds a key sticking pointNuclear program deferred to later negotiationsSummary:President Trump has revised and sent back tougher terms for a peace framework with Iran, according to three officials cited by the New York Times. Trump has expressed concern over provisions that would unfreeze Iranian funds and frustration over Iran's slow response pace to U.S. proposals mediated through Pakistan.The framework proposes ending the U.S.-Israeli military campaign that began on February 28 in exchange for Iran lifting its blockade of the Strait of Hormuz. The most contentious issues, including Iran's nuclear program, would be deferred to subsequent talks, while the administration appears to be using the revised terms to pressure Tehran toward a faster acceptance. U.S. Seizes $1 Billion in Iranian Crypto Under Operation Economic Fury Key Takeaways:$1 billion crypto seizure targeting Iranian networksOver 200% inflation in Iran's economyShadow banking and oil sales sanctions expandedSummary:The United States has seized approximately $1 billion in cryptocurrency tied to Iran as part of Operation Economic Fury, a coordinated campaign to sever Tehran's access to overseas revenue and digital-asset infrastructure. Treasury Secretary Scott Bessent emphasized the operation's significant toll on Iran's economy, now burdened with over 200% inflation and unpaid military personnel.The initiative also targets Iran's global shadow banking networks and has sanctioned officials enabling oil sales through Iran-backed militias. The seizure underscores Washington's growing use of crypto-focused enforcement as a tool of economic pressure alongside traditional financial sanctions. SEC Charges Privvy Founder with $12.3 Million Crypto Fraud SEC Charges Privvy Founder Nathan Fuller With $12.3 Million Crypto Ponzi SchemeKey Takeaways:AI arbitrage robot used to lure investors with 100%-plus returnsOnly 3% of funds actually traded; $6.2 million allegedly misappropriated$5.5 million paid to early investors in Ponzi-like fashionSummary:The U.S. SEC has charged Nathan Fuller, founder of Privvy, with orchestrating a $12.3 million cryptocurrency fraud. Fuller allegedly solicited investors by promoting a proprietary AI robot that purportedly scanned exchanges for high-frequency arbitrage profits, promising guaranteed returns of 40% to 50% within 45 days or over 100% within 21 days.In reality, only about 3% of investor funds were used for crypto trading. Fuller allegedly diverted at least $6.2 million for personal use and paid approximately $5.5 million to earlier investors in a manner resembling a Ponzi scheme. The case highlights continued SEC enforcement focus on AI-hyped investment frauds in the digital asset space. Vietnam Proposes Digital Assets as Collateral for SME Loans Key Takeaways:Digital and virtual assets proposed as loan collateralSMEs represent 98% of enterprises but only 20% of creditDraft amendment open for public consultationSummary:Vietnam's Ministry of Finance has proposed a draft amendment to the Law on Supporting SMEs that would allow businesses to use digital assets, virtual assets, and intellectual property as collateral for bank loans. The initiative targets improved financing access for private enterprises and tech startups in a country where SMEs and individual business households account for over 98% of total enterprises.Despite their overwhelming share of the business landscape, SME loan balances represent only about 20% of total banking credit. By expanding the range of acceptable collateral to include digital and future assets, the proposal signals a potentially significant shift in how Vietnam's banking system evaluates and extends credit to its dominant private sector. BNB Surpasses 740 USDT with a 12.45% Increase in 24 HoursKey Takeaways:VanEck BNB spot ETF launch on Nasdaq12.45% intraday price surge$13.4 billion stablecoin supply on BNB ChainSummary:BNB surged past the 740 USDT level, reaching 740.15 USDT, marking a 12.45% gain over 24 hours according to Binance market data. The rally follows VanEck's launch of a BNB spot ETF on Nasdaq, expanding institutional access to the token.The price movement coincides with strong on-chain fundamentals, as BNB Chain has processed over 13 billion cumulative transactions with a $13.4 billion stablecoin supply. The ETF listing and robust network activity together signal deepening institutional and ecosystem adoption for BNB. Nomura's Laser Digital Receives Conditional Approval for U.S. Trust Bank Key Takeaways:OCC conditional approval for Laser Digital National Trust BankInstitutional custody services for tokenized and traditional assetsStablecoin and cross-border payment infrastructure plannedSummary:Laser Digital, the digital asset subsidiary of Japan's Nomura Holdings, has received preliminary conditional approval from the U.S. Office of the Comptroller of the Currency to establish a federally regulated trust bank. If fully approved, the entity will provide custody and management for tokenized, digital, and traditional assets to institutional clients.The trust bank will also support stablecoins, cross-border payments, and collateral management services, without engaging in deposit-taking or lending. Final approval hinges on meeting regulatory requirements including minimum capital thresholds, marking a significant step for a major traditional financial institution into U.S.-regulated digital asset infrastructure. Aave Reports on April 18 rsETH Incident and Recovery MeasuresKey Takeaways:Forged LayerZero message minted 116,500 rsETH without burn82,650 WETH and 821 wstETH borrowed across eight Aave V3 positionsFull asset backing restored, affected markets normalizedSummary:Aave has released its post-incident report on the April 18 rsETH exploit, confirming that Kelp's rsETH LayerZero V2 bridge accepted a forged cross-chain message from Unichain to Ethereum. This allowed the unauthorized release of 116,500 rsETH on Ethereum without the corresponding burn on Unichain, with the attacker subsequently depositing the stolen tokens into eight Aave V3 positions and borrowing 82,650 WETH and 821 wstETH.The attack exploited third-party cross-chain bridge infrastructure rather than Aave's protocol itself. The attacker's rsETH on Arbitrum has since been destroyed, and the LayerZero OFT adapter replenished 116,131.72 rsETH across five batches, fully restoring asset backing. Both the affected WETH and rsETH markets have returned to normal operation.Market movers:ETH: $2026.89 (+0.53%)BNB: $724.63 (+7.78%)XRP: $1.3405 (-0.30%)SOL: $82.84 (+0.64%)TRX: $0.3504 (+2.22%)DOGE: $0.10072 (-0.29%)U: $1.0011 (+0.03%)WBTC: $73791.28 (+0.54%)XAUT: $4521.68 (+0.11%)ZEC: $548.88 (+6.08%)

Ethereum's 65% decline against Bitcoin since the Merge is attributed to execution failures at the Ethereum Foundation, according to BeInCrypto. Reid, an ICO-era participant, argues that the underperformance is due to accumulated execution debt, not market cycles. The ETH/BTC ratio peaked at 0.085 around the Merge in September 2022 and has since fallen to 0.028 by late May. Reid criticizes the lack of a first-party staking app and the rollup-centric roadmap, which he claims drained the base layer, impacting Ethereum's transaction fee revenue.

X Head of Product Nikita Bier refuted a common social media myth on May 31, directly addressing the Vatican's account that embedding a link in an X post does not reduce its reach. According to BeInCrypto, Bier responded to a post by @Pontifex, the Vatican's official account, which included a link to Pope Leo XIV's encyclical. Bier clarified that links do not deboost posts, countering a widespread belief that linking to external sites suppresses post visibility. Bier's statement carries significant weight given his role overseeing X's ranking and recommendation systems.

On May 31, 2026, 07:53 AM(UTC). According to Binance Market Data, BNB has dropped below 720 USDT and is now trading at 719.929993 USDT, with a narrowed narrowed 7.02% increase in 24 hours.

The Cardano Foundation has announced the cancellation of the Cardano 2026 Summit, initially planned for this year, due to insufficient support in an on-chain governance vote. According to ChainCatcher, the proposal required a two-thirds majority to pass but fell short.
The foundation had submitted a revised proposal seeking 7.8 million ADA from the treasury, approximately $2 million, to fund the summit in Singapore this October. Despite receiving a 65.21% support rate from DRep stakers and majority backing from representatives, it did not meet the 66.67% threshold needed for treasury funding approval.
Cardano founder Charles Hoskinson and Cardano Foundation CEO Frederik Gregaard had publicly urged support for the proposal before the voting deadline, but it ultimately did not pass.

Nvidia's stock forecasts for 2030 vary significantly, with estimates ranging from approximately $400 to $900. According to NS3.AI, CoinCodex projects a narrower channel between $735.61 and $1,024.40. Nvidia's CEO, Jensen Huang, has indicated that spending on AI infrastructure could increase from around $600 billion today to between $3 trillion and $4 trillion by 2030.

Moomoo is focusing on providing retail investors with institutional-grade analytics, execution capabilities, and AI-powered trading tools, according to CoinDesk. Albi Mema, director of crypto operations at moomoo U.S., emphasized that the future of investing platforms will be defined by the quality of tools rather than asset selection. Moomoo is rolling out crypto wallets, staking, and tokenized securities, aiming to democratize access to sophisticated trading tools historically reserved for Wall Street institutions. The platform, with over 30 million users, is betting on retail traders' demand for advanced analytics and execution tools.

Guotai Haitong has maintained its 'overweight' rating on the overseas AI computing power and application industry chain, according to Jin10. The research report highlights the rapid growth of OpenAI and Anthropic, which not only demonstrates the expanding capability boundaries of AI models but also drives demand across the entire AI industry chain. The report suggests focusing on three key areas: (1) the hardware supply chain, including GPU/ASIC, CPU, storage, advanced processes, advanced packaging, and semiconductor equipment, which benefit from the computing power expansion of OpenAI and leading global model manufacturers; (2) cloud providers and infrastructure platforms that handle AI workloads and model distribution; and (3) application companies with the capability to implement solutions across the entire ecosystem and various scenarios.

xAI is currently hiring for a Chinese-language AI tutor position focused on multilingual audio capabilities, according to Foresight News. The role involves using proprietary software to annotate, comment, and record audio data in multiple languages to enhance Grok's voice interaction and recognition abilities. Candidates must be native Chinese speakers, familiar with various accents and dialects, possess English proficiency at a B2 level or higher, and have strong audio perception and communication skills. The position aims to ensure the delivery of high-quality audio data and advance AI improvements in multilingual audio processing. Candidates with professional experience in voice work and relevant academic backgrounds will have a competitive edge.

U.S. President Donald Trump has issued an executive order on May 19, directing federal regulators to consider stricter fraud screening measures for services provided to undocumented immigrants. According to NS3.AI, the order instructs the Treasury Department to develop guidance on peer-to-peer payment platforms that are often used for off-the-books wage payments. Experts have expressed concerns that limiting banking access could drive some individuals towards cryptocurrencies, cash, shadow banks, or organized crime networks. Tom Feltner highlighted that stablecoins and Bitcoin ATMs do not offer the uniform protections required of federal remittance providers.

The meme coin 'Binance Life' has experienced a significant surge, according to BlockBeats On-chain Detection. Since the evening of May 30, the coin has been on an upward trajectory, with a further 21% increase reported by the evening of May 31. This rise has propelled its market capitalization to a record high of $598 million, with a current valuation of $589 million. Over the past 24 hours, the coin's value has increased by 31%, and its on-chain trading volume has reached $11 million.
BlockBeats notes that meme coin trading is highly volatile, often driven by market sentiment and speculative concepts, lacking intrinsic value or practical use cases. Investors are advised to be cautious of the associated risks.

Donald Trump has renewed his call for a physical inspection of Fort Knox following the arrest of David Rush, a former senior CIA official charged with stealing over 300 gold bars worth more than $40 million from the federal government. According to BeInCrypto, Rush was arrested on May 19 after federal agents seized the gold bars, $2 million in US currency, and 35 luxury watches from his home. The case has intensified scrutiny over the US's gold holdings, which have not been independently audited since 1974. Treasury Secretary Scott Bessent has dismissed concerns, stating that all gold is accounted for and inviting Congress members to verify the reserves.

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Nathan Fuller, a Texas resident, alleging he orchestrated a $12.3 million crypto investment scheme using false claims of AI-powered trading bots. According to CoinDesk, Fuller raised funds from approximately 150 investors, promising returns of up to 100% and insurance protections. However, the SEC claims only 3% of the funds were used for crypto trading, with Fuller allegedly diverting $6.2 million for personal use and $5.5 million for Ponzi-like payments. The SEC seeks permanent injunctions and penalties.

Blockstream CEO Adam Back has highlighted that Bitcoin's (BTC) 200-week moving average has surpassed $61,000, according to BeInCrypto. This milestone comes weeks after the indicator crossed $60,000 in early May. The 200-week moving average, which smooths nearly four years of weekly Bitcoin closes, has historically served as a support floor during Bitcoin's cycle bottoms. Back noted that the indicator's rise reflects steady absorption of supply by long-term holders. He also referenced a remark attributed to Charlie Munger, suggesting that disciplined buying at moving-average lows could yield significant returns.

PCE inflation increased by 3.8% in April compared to the previous year, nearly doubling the Federal Reserve's target of 2%. According to NS3.AI, the core PCE remained steady at 3.3%, while the monthly core PCE eased to 0.2%, slightly below the 0.3% anticipated by economists. Following the release of this data on Thursday, Bitcoin's value declined towards $73,300 and remained close to $73,000 over the weekend.

Michael Saylor, founder and executive chairman of Strategy, has released new information regarding the Bitcoin Tracker. According to Odaily, Saylor accompanied the update with the caption: 'Working ₿etter.' Historically, Strategy has disclosed Bitcoin acquisitions the day after such announcements.

On May 31, 2026, 16:37 PM(UTC). According to Binance Market Data, Ethereum has dropped below 2,000 USDT and is now trading at 1,999.189941 USDT, with a narrowed 1.36% decrease in 24 hours.

On May 31, 2026, 16:33 PM(UTC). According to Binance Market Data, BNB has dropped below 710 USDT and is now trading at 708.210022 USDT, with a narrowed narrowed 0.81% increase in 24 hours.

Retail investors' preferred stock portfolios outperformed mutual funds by 16 percentage points in May, marking the largest monthly gap since data collection began in 2018, according to Odaily. The Kobeissi Letter reported on X platform that these portfolios included major tech stocks, such as the 'Magnificent 7' and semiconductor stocks. In April, retail investors had already achieved a 14 percentage point excess return, leading to a record-breaking two-month cumulative gap, surpassing the previous 13 percentage point record set during the early meme stock craze at the end of 2020. Additionally, the total funds retail investors allocated to semiconductor options contracts reached 4.9 times the historical monthly average, setting a new record and exceeding the previous high from March 2024 by approximately 25%.

SoftBank Group has pledged up to €75 billion to develop 5 gigawatts of AI data center capacity in France, marking its largest AI infrastructure investment in Europe. Announced at the 2026 Choose France summit in Paris, the initiative highlights France's low-carbon grid and engineering talent as key factors. According to BeInCrypto, the first phase involves a €45 billion investment to deliver 3.1 GW across Hauts-de-France by 2031. SoftBank will collaborate with SB Energy and Schneider Electric, aiming to enhance AI hardware supply chains and create thousands of jobs.

Bank of England policymaker Megan Greene has suggested that the demand for stablecoins might diminish as tokenized deposits become more prevalent. According to NS3.AI, Greene's comments highlight a potential shift in the financial landscape where traditional banking systems could integrate more with blockchain technology.
Meanwhile, U.S. Federal Reserve policymaker Christopher Waller has expressed support for stablecoins, emphasizing their role as payment instruments that could potentially lower transaction costs. Waller's defense of stablecoins underscores their significance in the evolving digital payment ecosystem.
These differing perspectives from key financial policymakers reflect the ongoing debate about the future role of stablecoins and tokenized assets in the global financial system.

The brokerage giant emphasizes that the future of investing will not be solely determined by access to assets but by the quality of tools available to investors, according to CoinDesk. This perspective suggests a shift in focus towards enhancing the technological and analytical resources provided to investors, potentially influencing how investment platforms develop their offerings in the competitive financial market.

Federal Reserve Governor Christopher Waller has expressed concerns that stablecoins could enhance the global reach of U.S. central-bank policy. According to NS3.AI, Waller noted that countries adopting stablecoins might inadvertently import U.S. monetary costs, potentially impacting their own economic policies.

The American Gaming Association (AGA) has reported that states and tribes have lost over $1 billion to prediction markets, as indicated by its online counter surpassing this figure on Thursday. However, Kalshi has disputed this estimate, and the Coalition for Prediction Markets has stated that the AGA's underlying sources could not be verified. This disagreement arises in the context of the U.S. gambling industry generating $78.72 billion in revenue and $18.09 billion in gaming taxes for 2025, according to NS3.AI.

White House National Economic Council Director Hassett stated on Sunday that media coverage of economic news often leads to an excessive focus on the most severe issues at a particular moment. According to Odaily, Hassett made these remarks during an appearance on ABC's 'This Week,' highlighting that whenever a consumer price data point appears disappointing, it becomes the sole topic of discussion. He addressed concerns about gasoline prices and their impact on inflation.
Hassett emphasized the importance of considering the broader economic picture rather than focusing solely on energy prices or specific sectors facing temporary challenges. "What you should do is take a calm view of these fluctuations and pay attention to changes in real wages," he said. "If you look closely, you'll see that due to increased employment, rising stock markets, and strong corporate profits, this is translating into higher wage levels."

Argentine authorities have arrested 24 individuals in a nationwide operation targeting alleged investment fraud. According to Odaily, the operation also led to the seizure of over $50 million in cryptocurrency assets.

The creator of the Mayer Multiple suggests that Bitcoin's increasing economic substance is leading to reduced volatility and attracting more substantial capital, according to CoinDesk. This development indicates a maturing market for Bitcoin, as its stability and appeal to investors continue to grow. The Mayer Multiple is a popular metric used to assess Bitcoin's price relative to its historical performance, and its creator's observations highlight the cryptocurrency's evolving role in the financial landscape.