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Titlu: Fundația XRPL dezvăluie draftul AMM “Curbe Swappable” pentru a impulsiona StableSwap și DeFi pe XRP Ledger Fundația XRPL a publicat un draft de amendament intitulat “Curbe AMM Swappable” — o propunere de extindere a maker-ului de piață automatizat nativ al XRP Ledger și de a oferi dezvoltatorilor unelte mai flexibile pentru lichiditate. Propus de Denis Angell și Roman Thpt, amendamentul este încă în formă de draft și trebuie să treacă prin procesul de amendare XRPL înainte de a putea fi activat. De ce este important Această propunere se bazează pe XLS-30, sistemul AMM nativ care a fost lansat pe mainnet XRPL în martie 2024, și își propune să facă DEX-ul on-chain al ledger-ului mai bine adaptat pentru stablecoins, active tokenizate, perechi de schimb valutar și alte piețe care necesită prețuri mai stricte sau o eficiență mai mare a capitalului. Dacă este aprobat, ar permite creatorilor de pool-uri să aleagă diferite curbe de prețuri la crearea pool-ului, mai degrabă decât să fie limitați la un singur model de produs constant. Ce propune draftul - Tipuri multiple de curve la crearea pool-ului: Pool-urile ar fi identificate prin perechea de active plus tipul de curbă, permițând mai mult de un pool AMM pe pereche atunci când sunt utilizate curbe diferite. Acest lucru contrastează cu AMM-ul actual XRPL, care permite doar un AMM pe perechea de active. - Setul inițial de curbe: - Tipul de curbă 0: Produs constant (modelul existent XLS-30). Compatibilitatea inversă este păstrată: pool-urile existente rămân neschimbate și își păstrează cheile originale ale pool-ului când acest tip este utilizat. - Lichiditate Concentrată: Similar cu Uniswap v3, permițând furnizorilor de lichiditate să concentreze capitalul în intervale de preț specifice pentru a crește semnificativ eficiența capitalului. - StableSwap: Proiectat pentru active care se tranzacționează aproape de paritate (stablecoins, echivalente de numerar tokenizate), reducând slippage-ul pentru tranzacții mari între active legate strâns. - Rezervări pentru curbe viitoare: - Tipul de curbă 3: Rezervat pentru un model ponderat (stil Balancer). - Tipul de curbă 4: Rezervat pentru un AMM Inteligent cu logică programabilă. Implicații practice Permițând tipuri multiple de curbe pe pereche deschide mai multe posibilități: o pereche de tranzacționare volatilă poate rula un pool constant pe o lățime largă, în timp ce o pereche de stablecoin (sau un pool stabil dedicat pentru aceeași pereche) poate utiliza StableSwap pentru prețuri mai strânse. Acest lucru ar putea beneficia RLUSD/USDC, titluri de trezorerie tokenizate, piețele FX, active din lumea reală și alte piețe specializate pe DEX-ul XRPL. Guvernare și pași următori Propunerea rămâne într-o etapă incipientă și trebuie să treacă prin procesul de amendare XRPL — care necesită aprobarea a cel puțin 80% din validatorii pentru două săptămâni consecutive — înainte de activare. Deocamdată, oferă un roadmap clar pentru dezvoltatorii XRPL de a introduce primitive DeFi mai sofisticate fără a perturba pool-urile existente. Context Propunerea curbei este una dintre mai multe inițiative care împing XRPL dincolo de plăți în finanțe on-chain mai bogate. Ecosistemul a lucrat de asemenea la pool-uri de împrumut nativ și Escrows Inteligente pentru a susține funcționalități DeFi mai ample. Concluzie Dacă va fi adoptată, “Curbele AMM Swappable” ar oferi XRPL o arhitectură AMM mai modulară: eficiență mai bună a capitalului și slippage mai mic pentru active stabile și tokenizate, multiple pool-uri specializate pe perechea de active și un drum către logică AMM programabilă viitoare — toate acestea menținând AMM-urile existente complet compatibile. Citește mai multe știri generate de AI pe: undefined/news

Tokyo-listed Bitcoin Japan Corporation has quietly taken a stake in Elon Musk’s SpaceX, using a U.S.-based private secondary transaction that aligns with the firm’s push into digital infrastructure and AI compute exposure. The purchase was made through BTCJPN US LLC, Bitcoin Japan’s wholly owned U.S. subsidiary, via a special-purpose vehicle (SPV) run by a registered U.S. general partner. Bitcoin Japan says the move is part of a broader investment strategy focused on digital assets, AI compute infrastructure, satellite communications and next-generation technologies — areas it sees as long-term growth drivers tied to rising global demand for connectivity and compute capacity. “Global structural trends around AI infrastructure, AI compute, data connectivity and related digital infrastructure represent significant long-term investment opportunities,” Phillip Lord, representative director and CEO of Bitcoin Japan, said in the company statement. Lord added that SpaceX’s launch operations and its Starlink satellite network have already built “global-scale infrastructure assets,” making the investment a natural fit for Bitcoin Japan’s strategic priorities after a recent extraordinary shareholders’ meeting and a period of corporate consolidation. Bitcoin Japan cautioned the deal is governed by the SPV and limited partnership agreements and noted the usual private-company caveats: because SpaceX remains privately held, there are no guarantees on future liquidity events, valuation outcomes or returns. Market interest in SpaceX has accelerated ahead of its expected Nasdaq debut. Recent SEC disclosures show SpaceX holds 18,712 BTC — more than Tesla’s reported 11,509 BTC, according to BitcoinTreasuries data cited in earlier reports. Regulatory filings reviewed in May also suggested SpaceX could pursue a blockbuster valuation in the $1.75 trillion to $2 trillion range and target roughly $75 billion in capital through a planned public listing. Speculative activity around the potential IPO has spilled into crypto markets: derivatives desks at Bitget and Bybit launched SPCXUSDT perpetual contracts in May, offering traders leveraged exposure to SpaceX price expectations before any official pricing or listing. Even non-financial crypto figures are intersecting with SpaceX projects: Chun Wang, co-founder of mining pool F2Pool, was named as part of a planned Starship flyby mission beyond the Earth-Moon system and past Mars. Bitcoin Japan’s investment underscores a growing trend among crypto-focused firms to seek exposure to physical infrastructure and compute providers that could underpin next-generation Web3, AI and connectivity use cases. But as the company itself notes, stakes in private companies are inherently illiquid and speculative until a public market materializes. Read more AI-generated news on: undefined/news

Bitwise’s new Hyperliquid ETF (BHYP) surged to the top of its category after posting a roughly $19 million single-day inflow, the firm said — a milestone that CEO Hunter Horsley called “incredible to see.” Key numbers and context - Bitwise reported about $19 million of inflows into BHYP on the day, with total trading volume near $22 million — suggesting the session was dominated by buys rather than swaps or redemptions. - BHYP launched on the NYSE on May 15 and, less than two weeks later, Horsley says it’s now the world’s largest Hyperliquid ETF. - The fund debuted with a 0.34% sponsor fee; Bitwise waived that fee for the first month on the first $500 million of assets. Bitwise’s site lists BHYP on the NYSE and advises investors to review the prospectus and risk factors before investing. Relative demand looks strong - Kairos Research data shows spot HYPE ETFs absorbed 1.04% of Hyperliquid’s market capitalization in their first 10 trading days — a stronger market-cap-adjusted debut than early spot Bitcoin (0.59%), Ether (0.41%) and Solana (0.31%) ETFs. - That metric measures relative demand versus the size of the underlying market, not absolute dollars raised, but it highlights unusually strong early interest in the Hyperliquid theme. How Bitwise is aligning with Hyperliquid’s token model - Bitwise says it will allocate 10% of BHYP’s management fee to holding HYPE tokens on its balance sheet, a move intended to mirror Hyperliquid’s own token economics. Hyperliquid routes roughly 99% of protocol revenue through its Assistance Fund to repurchase HYPE, creating a secondary demand channel beyond ETF flows and staking rewards. - Bitwise CIO Matt Hougan noted that Hyperliquid’s token is designed so that rising trading activity on the platform benefits token holders and pointed to strong historical returns for the asset. Competition and market backdrop - Competing product 21Shares’ THYP saw about $1.2 million in first-day inflows; BHYP launched slightly later but has since pulled ahead in cumulative demand. - The HYPE inflow surge stood out amid selling pressure in larger crypto ETF categories: SoSoValue data showed nearly $334 million net outflow from spot Bitcoin ETFs and about $35.03 million net outflow from spot Ethereum ETFs on May 26. That contrast suggests investors are willing to rotate into smaller, faster-growing crypto themes even when large-cap ETFs face outflows. Ecosystem developments - Hyperliquid has drawn extra attention after Circle became the technical deployment partner for USDC on the platform and Coinbase was named the official USDC treasury deployer. USDC remains the primary collateral and quote asset across Hyperliquid’s trading ecosystem. Bottom line Bitwise’s BHYP has grabbed rapid investor attention, delivering the largest single-day inflow for the product to date and a market-cap-adjusted debut that outpaces earlier spot crypto ETFs. Bitwise’s fee allocation and alignment with Hyperliquid’s token mechanisms underscore its effort to link ETF economics with on-chain token demand — a positioning that may continue to attract flows as the broader ETF landscape shifts. Read more AI-generated news on: undefined/news

Coinbase expands fiat rails with Standard Chartered to speed institutional funding worldwide Coinbase has deepened its partnership with Standard Chartered to give institutional clients faster, multi-currency fiat funding across key global markets. The integration adds new local rails for the Australian dollar (AUD), Singapore dollar (SGD), Canadian dollar (CAD) and Swiss franc (CHF), and introduces GSIB-backed settlement for euros (EUR) and British pounds (GBP). The service is available on Coinbase Prime and Coinbase Exchange (note: Prime Trading clients in the EU are not covered at launch). Why it matters - Institutions increasingly trade across spot, derivatives and financing desks in multiple regions and currencies. That growth has made currency movement, conversion costs and funding speed a bigger operational challenge for exchanges, asset managers and trading desks. - By enabling direct local funding in more currencies, Coinbase says clients can run global books without forcing all positions through a single base currency, reduce FX conversion fees, fund positions more quickly, and rebalance capital across regions with fewer frictions. - The EUR and GBP settlement is backed by a global systemically important bank (GSIB), which adds a layer of institutional-grade settlement security for major European currencies. Coinbase framed the expansion as part of a broader push to modernize financial infrastructure: “The direction is clear. A system where capital is not constrained by geography, banking hours, or legacy infrastructure,” the company said. Retail push: Direct Deposit relaunched in the U.S. Separately, Coinbase relaunched Direct Deposit for U.S. customers on May 26. The feature lets users route part of their paychecks to a Coinbase account and automatically allocate earnings into cash, USDC or other crypto assets with zero trading fees. Users set up account and routing details in the app, share them with their employer, and choose automatic allocation rules. Coinbase plans to expand Direct Deposit to more regions later in the year and positions the feature as part of its strategy to turn the app into a broader financial hub connecting income, investing, saving and trading. Market context The Standard Chartered deal sits alongside a wider industry drive to build regulated fiat and stablecoin payment rails. Recent moves include Circle, Coinbase and Ripple backing Tazapay’s $36 million raise, and Rain adding Mastercard support—both examples of firms working to link on-chain settlement and stablecoins with existing payment networks. Coinbase has also been bullish on stablecoins: the company previously claimed stablecoins settled $33 trillion in 2025, compared with Visa’s $16.7 trillion payment volume for fiscal 2025, arguing stablecoins offer faster, lower-cost “internet money” versus legacy rails. Bottom line By widening fiat rails with a major global bank, Coinbase aims to reduce cross-border funding frictions for institutional clients and speed the flow of capital across currencies. The move underscores broader industry momentum toward integrating traditional payments infrastructure with stablecoin and crypto settlement. Read more AI-generated news on: undefined/news

RAIN coin a eruptat mai sus în ultimele 24 de ore, sărind cu 63.2% la $0.01324 și tipărind un nou maxim istoric. Activitatea de tranzacționare a susținut mișcarea: volumul pe 24 de ore a crescut cu mai mult de 50% la peste $39 milioane, sugerând o participare largă în loc de un pump cu lichiditate subțire. Ce a generat această explozie? Raliul a fost declanșat de un catalyst de titlu: un angajament de lichiditate de $100 milioane legat de viitorul upgrade V2 al Rain și de planul său de a intra în piețele de predicție bazate pe evenimente înainte de ciclul Cupei Mondiale FIFA. Fundația Rain spune că pachetul este împărțit uniform — $50 milioane în USDT și $50 milioane în token-uri RAIN — destinat să aprofundeze piscinele, să îmbunătățească calitatea execuției și să susțină market-making pe măsură ce cererea crește în jurul evenimentelor sportive globale. Echipa susține de asemenea că Rain va fi printre primele trei piețe de predicție după TVL, punându-l alături de Polymarket și Kalshi. Această narațiune pare să fi convins traderii să prețuiască un rol mai mare pentru Rain pe măsură ce se apropie V2. Imagine tehnică: o spargere clară Mișcarea prețului completează fundamentele. RAIN a sărit de sub $0.008 la peste $0.013 într-un interval scurt, rupând decisiv ATH-ul anterior aproape de $0.01195 (26 mai 2026). Mișcarea a părut ca o cumpărare agresivă: rezistența timpurie a eșuat odată ce planul de lichiditate a devenit public și volumul a crescut pe piață. Niveluri cheie de urmărit - Suport imediat: $0.011 — prima linie de apărare după spargere. - Rezistență/congestie pe termen scurt: $0.0125 — un obstacol pe termen scurt observat în timpul acțiunii intraday. - Zonă critică pentru continuare: maximul actual în jur de $0.013 — rămânând deasupra aici ar favoriza o continuare a creșterii. - Caz bearish: o rupere curată sub $0.011 ar deschide probabil ușa pentru o revenire spre $0.010, zona de consolidare anterioară. Concluzie Mișcarea RAIN este un amestec de fundamente semnificative on-chain și un impuls tehnic puternic: un pachet de lichiditate substanțial și structurat plus un volum crescut de tranzacționare au ajutat la transformarea unui titlu în acțiune de preț. Traderii vor urmări atât comportamentul prețului în jurul nivelurilor de suport stabilite recent, cât și orice actualizări privind desfășurarea lichidității pe măsură ce desfășurarea V2 și piețele legate de Cupa Mondială se apropie. Citește mai multe știri generate de AI pe: undefined/news

In a landmark enforcement action, South Korean prosecutors have arrested and charged several people tied to a Solana-based memecoin called CATFI, alleging the token was used in a decentralised exchange (DEX) rug pull that hurt hundreds of retail investors. Authorities say this is the country’s first formal criminal case targeting a memecoin scam that played out entirely on decentralised trading venues. How the alleged scheme worked According to investigators, CATFI was launched on Solana and traded mainly through DEXs such as Pump.fun. Promoters positioned the token as a high-upside memecoin and ran an aggressive online marketing push to attract early buyers. One prominent promoter used the alias “Eth Father,” cultivating a community persona to build trust and drive participation. Prosecutors say the operators then used coordinated on-chain tactics to manufacture the appearance of organic demand — including wallet splitting and wash trading — before the token experienced a dramatic spike. CATFI reportedly surged more than 1,000x in value in a short period, only to collapse after liquidity was withdrawn and large holdings were sold off, a sequence consistent with a classic rug pull. Arrests, charges and financial fallout The Seoul Southern District Prosecutors’ Office Virtual Asset Crime unit led the probe. Two primary suspects have been arrested and five people in total charged; additional individuals are under investigation for allegedly assisting suspects to evade arrest. The case is being prosecuted under South Korea’s recently introduced Virtual Asset User Protection Act, which targets fraud and market manipulation in the crypto sector. Authorities estimate about 256 investors suffered losses in the CATFI episode. Total losses are reported at roughly 900 million won (about $650,000), with investigators tracing some 400 million won (approximately $260,000) in illicit profits. Prosecutors say the gains were extracted through early liquidity positions and coordinated sell-offs that left late participants exposed to the abrupt reversal. Why the case matters This prosecution marks a significant expansion of South Korean crypto enforcement into decentralised markets. Previously, enforcement tended to focus on centralised exchanges or structured investment scams; this case demonstrates prosecutors will pursue on-chain activity and hold token creators and promoters accountable even without a centralised intermediary. Beyond the criminal charges, the investigation highlights how quickly memecoin ecosystems can amplify both windfalls and losses: a 1,000x spike that evaporates after liquidity is pulled is a clear warning to retail traders. Prosecutors are actively tracing wallet flows, promotional networks and liquidity movements tied to DEX token launches, and the outcome of this case is expected to shape how future memecoin projects are launched, promoted and monitored in South Korea. Read more AI-generated news on: undefined/news

Headline: Bitcoin’s three-month rally vs. gold snaps as investors rotate into precious metals Bitcoin’s recent outperformance over gold appears to have ended, with the bitcoin-to-gold ratio — the dollar price of one BTC divided by the dollar price per ounce of gold — breaking a three-month uptrend. That ratio climbed from roughly 12 in early March to about 18 during BTC’s mini-bull run, but it has stalled and decisively turned lower over the past 24 hours, piercing the rising trendline that had defined the move. Why it matters: this ratio is a quick gauge of which “store of value” investors prefer. The technical breakdown is more than just a chart event; it suggests momentum may be shifting back toward gold. Trendline breaks can be short-lived, but for now the picture points to renewed interest in precious metals. What’s driving the shift: when geopolitical risk spiked in late February — the Iran conflict and oil rally above $100 per barrel — investors initially parked cash in bitcoin, helping lift the BTC/gold ratio. But changing macro dynamics have flipped flows. Bitcoin-focused ETFs shed more than $2 billion over the past two weeks as Treasury yields hardened and markets priced in a higher-for-longer U.S. interest-rate outlook. By contrast, gold and precious-metals funds attracted $2.34 billion in the week ended May 20, marking a second straight week of inflows, according to LSEG Lipper data cited by Reuters. Prices: at the time of writing, bitcoin was trading near $75,600 (down about 0.3% from midnight UTC), while gold was largely flat around $4,500 per ounce. Implication for traders and investors: the breakdown in the BTC-gold ratio signals a potential near-term edge for gold over bitcoin, driven by macro pressure on risk assets and renewed demand for traditional safe havens. Still, chart patterns can reverse quickly — keep an eye on ETF flows, Treasury yields and any fresh geopolitical developments for confirmation. Read more AI-generated news on: undefined/news

Whale alert: a single investor dumped $1.289 billion of BlackRock’s bitcoin ETF in one dark‑pool trade A single, massive sell order rattled the market Tuesday when an investor offloaded $1.289 billion worth of BlackRock’s spot bitcoin ETF (ticker: IBIT) in a privately negotiated dark‑pool transaction, according to Alex Thorn, head of research at Galaxy, who flagged the trade on X and called it the largest he’d ever seen. The trade reportedly occurred at 10:30 a.m. ET. Why dark pools matter Dark pools let big players trade blocks of shares away from public order books to avoid immediately moving the market or revealing positions. That makes this size of sale notable: it signals a high‑conviction move by one participant, even if it doesn’t necessarily mean the seller has fully abandoned the fund. Buyers could have stepped in to absorb the block. Bigger picture: ETFs seeing sustained outflows The $1.289 billion block came on a rough day for U.S.-listed spot crypto ETFs. Net outflows across the 11 funds rose to $334 million on Tuesday, marking the seventh consecutive day of withdrawals and bringing the seven‑day total to $1.88 billion. Prolonged outflows have happened before: the longest streak was eight trading days, which occurred twice — late Aug–early Sep 2024 (about $1.2 billion) and again in Feb 2025 (about $3.3 billion). BlackRock’s IBIT itself processed net redemptions of $192.44 million that day, per SoSoValue, suggesting the selling pressure for the fund outpaced buys overall. Over the past two weeks, investors have pulled roughly $2.26 billion from the suite of spot bitcoin ETFs. Market impact and outlook Large, concentrated sales are generally treated as cautionary signals — one whale trimming exposure can spook others — and the ETFs’ current streak of outflows is making it harder for bulls to ignore downside risks. Bitcoin has already slipped from highs above $82,000 on May 6 to below $77,000, according to CoinDesk data, and continued large redemptions could add downward pressure on the price. Bottom line: the dark‑pool dump is a clear high‑conviction move, but it’s only one piece of a broader flow story. Whether it proves a turning point or a temporary liquidity event depends on whether buyers continue to absorb large blocks or more sellers follow suit. Read more AI-generated news on: undefined/news

OpenZeppelin CEO Manuel Araoz has issued a stark warning: DeFi as we know it may no longer be safe. In a post on X this week, Araoz said he now considers “all” of decentralized finance unsafe because AI-powered coding agents have become “superhuman” at finding vulnerabilities in smart contracts. The concern arrives at a fragile moment for the sector. DeFi’s total value locked (TVL) has fallen by more than $20 billion since the start of the year, according to DeFiLlama, and the past 365 days have seen more than $1.1 billion lost to hacks. High-profile incidents include April’s $292 million Kelp DAO exploit, which highlighted how weaknesses in cross‑chain infrastructure can ripple across the ecosystem, and a Solana-based $27 million exploit that forced Step Finance to shut down earlier this year. Araoz says the threat is not just bigger, it’s fundamentally different. “Coding agents are superhuman at finding vulnerabilities, and smart contract security is too asymmetric: defenders need to fix every bug while attackers need just one exploit to steal funds,” he wrote. The asymmetry is worsened by DeFi’s openness: publicly available smart contract code—once touted as a security strength—could become a liability if machine systems scan, identify, and weaponize flaws far faster than developers can respond. Compounding the worry, AI safety researchers at Anthropic have warned that their restricted Claude Mythos model can autonomously discover software vulnerabilities and even craft working exploits at a level they say outperforms existing automated tools. If such capabilities are generalized or proliferate, the dynamics of on‑chain security could shift dramatically. What this means for DeFi: the industry may need to rethink its security model. Traditional defenses—audits, manual reviews, and reactive patches—face a time‑to‑respond problem against autonomous agents that operate at machine speed. Solutions under discussion include more rigorous formal verification, richer bug-bounty programs, runtime monitoring and fail-safes, and protocols built with exploit-resistant patterns from the ground up. Araoz’s warning is a wake-up call: as AI accelerates the ability to find and weaponize code flaws, DeFi teams, auditors and users will have to evolve security practices quickly or risk further erosion of trust and capital in the space. Read more AI-generated news on: undefined/news

IREN stock jumped in early trading after the company inked a major hardware deal with Dell Technologies that accelerates its push into large-scale AI cloud services. Key points - IREN agreed to a $1.6 billion purchase of Dell’s air-cooled Blackwell systems to expand its AI compute capacity. - The new systems will back a previously announced five-year, $3.4 billion managed-services AI cloud contract. - Equipment is slated for deployment across IREN’s Childress, Texas data centers, with commissioning targeted for early 2027. - Once live, the AI cloud contract is expected to boost IREN’s annualized run-rate revenue from $3.7 billion to $4.4 billion. - IREN shares rose about 4% in pre-market trading on the news. Why it matters The Dell agreement solves a critical bottleneck for IREN: access to large volumes of ready-to-deploy hardware. Co-founder Daniel Roberts framed speed and execution as decisive in the fast-moving AI market: “Securing capacity and accelerating commissioning are our top priorities in a market where time-to-compute is everything. Our relationship with Dell ensures access to hardware at the scale and speed the market demands.” For the broader tech ecosystem — including crypto and Web3 builders — the deal underscores the surging demand for AI compute as hyperscalers, enterprises and developers race to host next‑generation models and services. Increased centralized capacity like IREN’s can enable more scalable AI-backed products, including cloud-hosted inference and managed services that could integrate with decentralized applications and tokenized infrastructure markets. This move positions IREN as a growing infrastructure provider in the AI era and highlights the continued arms race to secure compute capacity at scale. For more on IREN’s infrastructure focus, see coverage of its view that AI’s biggest bottleneck is infrastructure, not chips. Read more AI-generated news on: undefined/news

Singapore police have charged former Hodlnaut CEO Zhu Juntao with six counts of fraud by false representation, almost four years after the crypto lender froze withdrawals amid the collapse of the TerraUSD ecosystem. The Singapore Police Force said prosecutors allege Zhu instructed employees in 2022 to post misleading statements on Hodlnaut’s Telegram channels and in customer emails claiming the firm had “no direct exposure” to TerraUSD (UST) and had not suffered losses. Authorities also say Zhu repeated similar assurances in three posts on his personal X account (formerly Twitter) in June 2022. Each charge carries a potential penalty of up to 20 years in prison, fines, or both under Singapore law. Zhu has pleaded not guilty to all six charges and has been given a pre-trial conference date in June 2026, local media report. Hodlnaut was one of several high-profile crypto lenders that collapsed in the wake of Terraform Labs’ algorithmic stablecoin implosion in May 2022—a shock that wiped roughly $40 billion from the crypto market and helped topple firms including Three Arrows Capital, Celsius and Voyager. The company had halted withdrawals in August 2022, leaving more than 30,000 customers unable to access funds. Restructuring filings later revealed Hodlnaut had routed about $317 million of user funds into Terra’s Anchor Protocol, which was offering roughly 19.5% annualized yield on UST deposits before the peg broke and UST lost most of its value. Court-appointed judicial managers estimated Hodlnaut’s losses from the Terra exposure at about $189.7 million. Reports filed during the company’s judicial management and liquidation proceedings also highlighted weak internal recordkeeping and said some executives were not fully cooperative with investigators. Founded in Singapore in 2019, Hodlnaut offered yield-bearing crypto accounts until it entered judicial management and was subsequently ordered into liquidation by the Singapore High Court. The charges against Zhu add to a string of regulatory and criminal actions that followed the Terra collapse, underscoring ongoing legal scrutiny of executives at crypto firms that promised high yields and allegedly downplayed risks to customers. Read more AI-generated news on: undefined/news

Senator Elizabeth Warren’s recent salvo over the Office of the Comptroller of the Currency’s (OCC) approvals of national trust bank charters for crypto firms has prompted a direct rebuttal from the industry. The Digital Chamber (TDC) pushed back in a letter to OCC Comptroller Jonathan Gould after Warren questioned whether some charter recipients were eligible. Warren — who, according to reporting from Bitcoinist, said the OCC had approved at least nine national trust charters for crypto companies that “appear to go far beyond the narrow set of activities permitted by law” — even suggested the approvals might constitute an “apparent violation of the National Bank Act.” TDC’s response takes a very different view. The industry group argues the OCC’s charter approvals were lawful, carefully supervised, and designed to bring digital-asset activities into the federal prudential framework rather than place them outside banking rules. TDC says each applicant underwent a rigorous OCC review and met statutory and regulatory requirements before receiving either full or conditional approvals. According to the group, the firms demonstrated that their proposed activities fit within activities permitted for national trust banks. On the legality question, TDC rejects Warren’s characterization that the OCC’s actions violate the National Bank Act, calling that interpretation a misunderstanding of both the statute and the OCC’s long-established chartering authority. The letter frames the chartering decisions as “a legally sound and long-overdue step” toward integrating crypto services into federal oversight focused on safety and soundness. TDC closed by offering to collaborate with the OCC, Congress, and other stakeholders to help build a legally durable and effective federal framework for digital assets. The group argues that OCC-chartered crypto banks should not be seen as threats to the banking system, but rather as regulated federal entities that could help create a more inclusive and competitive financial system. What’s next: the exchange underscores a persistent tension between lawmakers pressing for tighter limits on crypto banking activity and industry advocates who view federal charters as the route to clearer oversight. Expect ongoing scrutiny from Congress and continued industry advocacy as the OCC’s approach to digital-asset chartering evolves. Read more AI-generated news on: undefined/news

Betting markets and big-dollar crypto-linked PACs turned Texas’ runoff elections into a high-stakes contest for the digital-asset industry’s future. Prediction market Kalshi processed more than $16 million in total volume on the Texas Republican Senate primary runoff, handing “crypto-linked” candidate Ken Paxton a 96% chance of defeating incumbent John Cornyn heading into Tuesday’s vote. Kalshi also consistently favored Democrat Christian Menefee in the Houston-area 18th congressional district Democratic runoff, holding his odds near 91% since February. Rival platform Polymarket showed broadly similar probabilities for both contests. Two political action committees with ties to major crypto firms poured millions into advertising across the pair of runoffs. Protect Progress — affiliated with the Fairshake PAC that has backing from Ripple and Coinbase — reported $5 million in ad spending supporting Menefee and another $2.8 million on spots attacking his Democratic rival, Green, whom the PAC described as “actively hostile” to digital assets. Menefee was also publicly endorsed by the Blockchain Leadership Fund, a committee backed by Anchorage Digital and Chainlink Labs, although that group had reported no expenditures as of Monday. Not all of Protect Progress’s ads were overtly about crypto: at least one spot criticized Green for opposing former President Donald Trump without mentioning blockchain or digital assets. A local commentator told FOX26 they’d seen as many as 12 Protect Progress TV commercials in a single day and noted the overlap between that PAC’s funders and prominent backers of Trump. On the Senate side, a separate group, the Fellowship PAC — backed by Wall Street firm Cantor Fitzgerald and Anchorage — disclosed a $500,000 expenditure supporting Paxton. That filing came roughly 24 hours after Trump endorsed Paxton and criticized Cornyn for a slow embrace of his presidential bid. Texas voters cast ballots Tuesday in the two runoffs — the statewide Republican showdown for the US Senate (Paxton vs. Cornyn) and the Democratic primary in the Houston-area 18th district (Green vs. Menefee). The results matter beyond state politics: who holds these seats will help shape the balance of power in Congress when the new session begins in 2027, and the crypto industry has a clear stake. The current Republican-led Congress has already passed crypto-friendly measures, including the stablecoin GENIUS Act, so which lawmakers take office could influence the next wave of policy. (Reporting note: prediction-market odds and PAC spending figures as reported publicly; ad-appearance observations were reported on local TV.) Read more AI-generated news on: undefined/news

Cloudflare CEO Matthew Prince says the next evolution of the web — an “agentic” internet where AI bots crawl and consume content on behalf of users — will force a rethink of how online content is paid for. In a Bankless interview on May 25, Prince warned that today’s ad-and-subscription model breaks down when non-human agents do the browsing: bots don’t click ads, and one subscription bought by a human won’t fairly compensate the creators whose work agents repeatedly fetch. Prince framed the problem as economic, not purely technical. Cloudflare expects AI bot traffic to surpass human internet traffic in the first half of 2027, a shift that will dramatically increase request volumes to websites. Technically, he argued, the internet can likely absorb the load. The harder question is who will pay for the servers, security and publishing infrastructure that supports that traffic. “If the business model of the internet for the last, you know, 30 years has been ads and subscriptions, the problem is agents don’t click on ads,” Prince said. “And buying one subscription and then having agents be able to basically pick all of the content back up from that, that’s not going to help make sure that the people who are creating that content get compensated.” That argument underpins Cloudflare’s push toward what Prince calls “pay for crawl” — using HTTP 402 (“Payment Required”), an x402-style response approach and stablecoin micropayments to let AI systems pay publishers and infrastructure providers in fractions of a cent. The missing piece so far, he says, is a payment rail cheap and fast enough to handle enormous volumes of tiny transactions: traditional card rails and Visa-style systems are impractical because per-transaction fees make micro-payments uneconomic. Cloudflare’s scale highlights the magnitude of the challenge. The company handles roughly 500 million requests per second across its network. Prince estimates 1%–10% of those requests could be monetizable under a pay-for-crawl model — translating to about 5 million to 50 million paid requests per second if broadly adopted. That’s why even systems touting 2 million transactions per second fall short in Cloudflare’s view. “People will say to us, ‘Oh my gosh, we’re so excited. We can handle 2 million transactions per second.’ I’m like, ‘It’s awesome. Good job. But I think day one I need 10 million transactions per second,’” Prince said. He added the quip: “So if you want to go build like a layer 1 blockchain that can support 100 million transactions per second, call us.” For crypto, Prince’s remarks are both a validation and a challenge. He cast stablecoins not as a niche payment option but as potential core infrastructure for an agent-driven web where bots silently pay for access in the background. At the same time, he conceded he hasn’t yet seen a blockchain ecosystem capable of the throughput Cloudflare would require if it flipped the switch at scale. Prince described a practical end state that avoids AI paywalls for humans: people could continue to access content for free while automated agents would embed microtransactions to compensate publishers and infrastructure providers. Bankless summed it up as “humans get content for free and the robots pay a ton,” a characterization Prince said is close to the objective. Cloudflare positions itself as a coordinator in that system. The company sits in front of a large portion of the web, counts many AI firms among its customers, and already provides site operators tools to manage crawler access. The goal, Prince said, is to give publishers the choice to allow AI systems to consume content freely, block them, or require payment. At press time, the total crypto market capitalization stood at $2.55 trillion — a reminder that while stablecoins and blockchain scaling are suddenly front-and-center in infrastructure conversations, significant technical and economic work remains before micropayments can underpin an internet built for AI agents. Read more AI-generated news on: undefined/news

XRP appears stuck in a holding pattern — but derivatives flows suggest something bigger may be brewing. Since early February the token has traded sideways under major resistance around $1.45–$1.50, failing to build a clear trend and leaving traders with little conviction. Yet a new CryptoQuant report flags two near-identical bursts of derivatives activity in late May that point to growing positioning beneath the quiet price action. On May 22, open interest on major derivatives venues jumped sharply in a single session: Binance added roughly 25.6 million XRP while Bybit added about 54 million XRP. That combined increase — ~79.6 million XRP — represented roughly $107 million of new notional exposure with XRP trading near $1.35. Four days later on May 26, an almost identical expansion reoccurred: Binance +28.9 million XRP and Bybit +42.9 million XRP, a combined 71.8 million XRP (about $96 million) at a price near $1.34. In total, roughly $203 million of new derivatives positioning was added within four days in a market that has otherwise shown little directional conviction. CryptoQuant places these moves in context: they were the strongest derivatives positioning events for XRP since March 16, marking a return of speculative leverage after more than two months of subdued activity. But the most important detail is the composition of that activity. Flow data shows a clear split. Binance’s Perpetual CVD (cumulative volume delta) plunged to roughly -$641.9 million — a record negative reading — indicating aggressive selling dominated Binance’s perpetual markets during the open-interest build. At the same time, CryptoQuant’s All-CEX Estimated Spot CVD climbed to about $397.3 million, exceeding April levels (~$380 million) and signaling strengthening genuine spot demand. In short: derivatives traders, particularly on Binance, are building predominantly short positions while real buyers accumulate in spot markets. That divergence is structurally significant. Liquidation figures add another layer. On May 23, XRP long liquidations hit roughly $5.44 million — the largest since February 5, 2026 — meaning forced exits have been hitting longs rather than shorts. With spot accumulation holding while perpetual markets show record negative CVD, conditions for a short squeeze are being set up: not yet triggered, but increasingly primed as the divergence persists. Technically, XRP remains locked in a compressed range around the $1.30–$1.35 support zone, which buyers have repeatedly defended over the past three months. Each dip into that area has attracted demand that prevents a deeper breakdown, yet bulls have been unable to clear the $1.45–$1.50 resistance band. Shorter-term moving averages have flattened while the 200-day moving average continues to slope down, reinforcing the longer-term bearish bias despite the recent stabilization. Volume is still muted compared with February’s liquidation-driven spike, so widespread aggressive participation has not fully returned. Still, prolonged compression like this often precedes sharper volatility when liquidity accumulates on both sides of the range. A decisive break above $1.45 could reignite bullish momentum, whereas a failure of the $1.30 support would likely accelerate downside pressure. Bottom line: price action looks indecisive, but derivatives flow and liquidation data show traders are quietly laying the groundwork for a sizable move — and whether that move will be a rally fuelled by a short squeeze or a renewed selloff depends on how the current divergence resolves. Read more AI-generated news on: undefined/news

An on-chain blast from Ethereum’s past: a nearly 11-year‑dormant wallet containing 2,000 ETH has suddenly stirred back to life, according to Whale Alert. The details - Whale Alert flagged an address classified as a “pre-mine” — meaning it received ETH before public mining and the network launch in 2015 (these addresses typically belonged to early contributors and 2014 presale participants). - The wallet sat effectively untouched for about 10.8 years; its only activity until now was the initial deposit at genesis. - The reactivation began with a small 1 ETH move, consistent with a test transaction, followed by additional transfers including a 1,997.9 ETH shift that nearly emptied the balance. - Those coins have not, so far, been moved to any centralized exchange, making intentions (sell vs. relocation vs. consolidation) unclear. Why this matters - That stash was worth roughly $620 in 2015. Today, at current prices, 2,000 ETH is worth just over $4.2 million — a gain on the order of ~630,000%. - The pattern — a cautious test transfer followed by a near-total withdrawal — suggests someone regained control of the private keys rather than an automated sweep. Common explanations for resurrected ancient wallets are recovered keys after being lost or forgotten, or extreme long-term HODLing finally ending. - If the coins eventually hit an exchange, it could influence market flows; for now, the on-chain movement is a curiosity and a reminder of how dramatic unrealized gains from crypto’s earliest days can be. Market context - Ethereum recently dipped toward the $2,000 area but has since bounced back and is trading around $2,130. Bottom line: an OG-era Ethereum wallet has reawakened, turning a decade-long time capsule into millions on-chain — and for now, the blockchain is only telling part of the story. Read more AI-generated news on: undefined/news

Titlu: Reclame Google Fake Funneling Utilizatori Crypto către Clone Phishing Uniswap — Atacatorii Au Stors Cel Puțin $400K Rezumat Cercetătorii în securitate spun că o campanie de phishing în curs de desfășurare a folosit platforma de reclame Google timp de mai bine de un an pentru a direcționa utilizatorii crypto neavizați către site-uri contrafăcute Uniswap care golesc portofelele. Campania a accelerat uneori — SEAL raportează o creștere în martie — și cercetătorii au urmărit cel puțin ~400.000 USD către portofele controlate de atacatori în ultima rundă de furturi. Ce s-a întâmplat - Atacatorii cumpără sau deturnează conturi Google Ads și plasează linkuri sponsorizate care apar deasupra rezultatului legitimat Uniswap în reclamele căutării Google. Ei adesea depășesc oferta protocolului real pentru a asigura o plasare de top. - Reclamele malițioase folosesc URL-uri care par legitime, în timp ce un element secundar ascuns încarcă adevăratul payload. Această livrare stealth pare să evite sistemele automate de revizuire a reclamelor Google. - Utilizatorii care fac clic pe reclamă sunt duși la replici convingătoare ale interfeței Uniswap. În spatele scenei, activitatea de rețea este redirecționată prin servere controlate de atacatori, astfel încât aprobările și tranzacțiile portofelului victimei să poată fi interceptate și golite. Dovezi on-chain și scară - Analistul on-chain "b-block" a ridicat alarma pe 25 mai 2026 după ce a urmărit furturile către portofelele atacatorilor. La momentul raportării, două adrese semnalate aveau împreună 146 ETH (~306.000 USD): 0x37925684BA178821b4436E06e67f5dBD6cfA49Bb 0x2fC25F46cC49D226eF92E9A7665f3d2821F3c5E2 Totalul sumei legate de campanie este estimat la un minim de ~400.000 USD. - Alianța Nonprofit de Securitate (SEAL) a urmărit acest model timp de peste un an. SEAL a observat o creștere bruscă a activității la mijlocul lui martie, raportând 1,27 milioane USD furați între 13–30 martie. Grupul afirmă că blochează sute de linkuri malițioase regulat — mai mult de 356 într-o săptămână — și că volumul atacurilor a fost constant. Reacția comunității - Marketerul Web3 Stacy Muur a împărtășit capturi de ecran ale rezultatelor sponsorizate false și a criticat Google pentru că a permis reclamele să ruleze deasupra linkurilor autentice timp de ani de zile, în timp ce utilizatorii continuă să piardă fonduri. - DeFiLlama și alte platforme crypto au numit, de asemenea, Google Ads ca o sursă recurentă de phishing în ecosistem. Context mai larg - Această campanie țintită către Uniswap este parte a unei tendințe mai ample de actori rău intenționați care abuzează de platformele de reclame și chiar de linkuri de chat AI partajate pentru a distribui malware și capcane de phishing. La începutul lui mai, un abuz similar al Google Ads și al instrumentelor AI a fost folosit pentru a lansa malware destinat utilizatorilor de Mac, iar Facebook a văzut reclame plătite false care imită Microsoft, care redirecționează utilizatorii către descărcări false de Windows care fură acreditive. Concluzii și sfaturi de siguranță pentru utilizatori - Nu te baza pe rezultatele căutării sponsorizate ca sursă autoritară pentru paginile DEX sau contracte. Întotdeauna: - Adaugă la favorite paginile oficiale DEX și accesează-le din favorite. - Verifică cu atenție numele de domeniu (caută greșeli subtile sau caractere suplimentare). - Folosește linkuri de încredere de pe site-urile proiectelor, canale sociale verificate sau înregistrări ENS, acolo unde este cazul. - Nu lipi niciodată fraza ta secretă/cheia privată într-un site web; dApps legitime nu cer niciodată asta. - Folosește portofele hardware pentru tranzacții mari și revizuiește domeniile de permisiune ale tranzacției înainte de a aproba. - Revocă aprobările suspecte (prin Etherscan, Revoke.cash sau similar) dacă crezi că ai interacționat cu un site fals. Ce urmează SEAL afirmă că rapoartele de la victime continuă să vină și campania nu arată semne de încetinire. Incidentul este un alt memento că atacatorii vor abuză de sistemele de reclame mainstream pentru a ocoli verificarea casuală și a ajunge la utilizatorii crypto — vigilența și schimbările de obiceiuri (bookmarks, portofele hardware, verificări atente ale URL-urilor) rămân cele mai bune apărări imediate. Citește mai multe știri generate de AI pe: undefined/news

HTX denies U.K. allegation it aided Russia, says it turned down A7A5 ruble stablecoin listing Crypto exchange HTX pushed back on U.K. claims that it helped build Russia’s “illicit financial infrastructure,” saying it in fact refused a listing application from the A7A5 ruble stablecoin after conducting what it called a rigorous compliance review. “A7A5 was trying to list their stablecoin. However, following our rigorous internal due diligence and compliance review processes, their application was explicitly rejected,” an HTX spokesperson told CoinDesk. The stablecoin’s issuer, A7 LLC, has already been sanctioned by multiple Western governments. In a sanctions note published Tuesday, the U.K. Foreign Office stopped short of presenting direct evidence of HTX–A7A5 cooperation, instead saying it had “reasonable grounds to suspect” the exchange was assisting A7—an entity the U.K. says operates in a sector of strategic significance to the Russian government. A7A5 executive Oleg Ogienko told CoinDesk that the project had approached “all the leading CEXes several months ago in order to list A7A5, including HTX,” but that those exchanges “rejected our application almost at once because they are scared of secondary sanctions.” Ogienko said HTX’s refusal is “bad for them,” but added A7A5 does not currently need CEX listings because its “business model runs on DeFi infrastructure.” He said he remains open to working with centralized exchanges if they want to boost trade volume and attract customers. Ogienko said he attended the Consensus Hong Kong conference earlier this year to meet projects and protocols about collaboration, and asserted that A7A5 complies with Kyrgyz and Russian regulations as well as the Financial Action Task Force (FATF) principles. “We do not violate any legislation,” he told CoinDesk. The dispute highlights tensions in crypto markets as exchanges balance business opportunities against regulatory and sanctions risks. HTX’s statement frames its actions as compliance-driven; U.K. authorities’ note raises suspicions but did not publicly produce direct evidence of coordination between the exchange and the sanctioned issuer. Read more AI-generated news on: undefined/news

Headline: Bitcoin clings to $75K as bear-market warnings resurface Bitcoin was trading at $75,807.15 on Wednesday, skirting the psychological $75,000 support level after failing to push past $78,000 on Tuesday. The stalled upside has reawakened talk of renewed downside risk across crypto markets. Ether showed a similar pullback. The second-largest token was turned away at roughly $2,150 on Tuesday and slipped toward the $2,000 support band. It found a short-term floor at $2,050 around 05:30 UTC Wednesday and was changing hands near $2,080 shortly afterward. Some of Tuesday’s momentum in AI-linked tokens faded overnight: RENDER, FET and NEAR each surrendered between about 1% and 3% of their gains since midnight UTC. Traditional markets diverged from crypto: S&P 500 and Nasdaq 100 futures reached record highs on Wednesday, each up roughly 0.3%, highlighting a split between equity strength and crypto caution. A key narrative to watch is market technician Tom Lee’s so-called “line in the sand” at $76,000. Bitcoin sits just under that level — Lee has said a month-end close above $76,000 would mark an end to the bear market — making the coming days and the month close important for traders parsing whether recent weakness is a pullback or the start of a deeper correction. Read more AI-generated news on: undefined/news

SoFi has begun rolling out its dollar-backed stablecoin, SoFiUSD, to nearly 15 million users of its banking app — positioning the company as the first U.S. national bank to offer a bank-issued stablecoin directly to retail customers on public blockchains. SoFiUSD is live on Ethereum and Solana and is redeemable 1:1 for U.S. dollars through SoFi Bank. The integration lets app users buy, sell, hold and convert the token inside SoFi’s platform, bringing crypto-native rails and regulated banking services under one roof. The move comes as U.S. lawmakers and regulators edge toward clearer rules for stablecoins. Today’s market is dominated by crypto-native issuers such as Tether (USDT) and Circle (USDC), which are staples of trading and decentralized finance. SoFi, however, says the bigger opportunity lies outside pure crypto use cases — targeting cross-border payments, B2B transactions and other mainstream financial flows that have seen limited stablecoin adoption so far. “SoFiUSD competes by offering what crypto-native issuers cannot: the trust, security and oversight that comes with being a nationally chartered bank,” a SoFi spokesperson said, underscoring the company’s emphasis on regulatory safeguards. CEO Anthony Noto framed the launch as an end to the tradeoff between blockchain tech and regulated banking: “People no longer have to choose between blockchain technology and regulated banking products,” he said. SoFi also flagged product enhancements coming soon: users will be able to convert SoFiUSD into tokenized deposits that may earn interest and — subject to separate account terms — qualify for FDIC insurance. The firm plans 24/7 cross-border transfer support and institutional trading access via crypto exchange Bullish. Full availability is expected by early June as members update to the latest SoFi app. The rollout represents a notable step in banks’ broader push into blockchain-based payments and could accelerate mainstream adoption if regulated bank-issued stablecoins gain traction. Read more AI-generated news on: undefined/news