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Cork Protocol hacked for $12M, smart contracts paused
Cork Protocol, a decentralized finance (DeFi) platform, was hit by a smart contract exploit on May 28, resulting in the loss of roughly $12 million in digital assets.Cybersecurity firm Cyvers said the hack occurred at 11:23:19 UTC and was funded by an address ending in β762B.β According to the firm, the attacker used the exploit to steal roughly 3,761 Wrapped Staked Ether (wstETH), which was converted to Ether (ETH)...
Published on: May 28, 2025 | Source:
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GameStop Stock Dives After Retailer Announces $512 Million Bitcoin Buy
The price of GME fell sharply Wednesday following word from GameStop that it had made its first Bitcoin purchase.
Published on: May 28, 2025 | Source:Bitcoin Pulls Back to $107K, but NYDIG Analysis Suggests Market Far From Overheated
A number of indicators suggested the bull market has more room to run, said NYDIG.
Published on: May 28, 2025 | Source:Ethereum Co-Founder Vitalik Buterin Sees Opportunity as Sweden and Norway Ditch Cashless Aspirations
"Nordics are walking back the cashless society initiative because their centralized implementation of the concept is too fragile," Buterin said.
Published on: May 28, 2025 | Source:Polygon-backed, high-yield blockchain launches for institutional adoption
The Katana Foundation, a nonprofit focused on decentralized finance (DeFi) development, is launching its private mainnet, aiming to unlock greater crypto asset productivity via deeper liquidity and higher yields for users.The Katana Foundation launched a DeFi-optimized, private blockchain, Katana, on May 28, incubated by GSR Markets and Polygon Labs, with the public mainnet launch set for June.The new blockchain will...
Published on: May 28, 2025 | Source:New Jersey's Bergen County to Tokenize $240B in Real Estate Deeds on Avalanche Network
The wealthy New York City suburb will migrate 370,000 property deeds β representing about $240 billion worth of real estate β onto an immutable, searchable blockchain ledger.
Published on: May 28, 2025 | Source:Bitcoinβs physical infrastructure is the industryβs most overlooked asset
Opinion by: Scott Buchanan, chief operating officer of Bitcoin DepotA new proposal to install Bitcoin ATMs in federal buildings highlights an important question: Can crypto truly go mainstream without a stronger physical presence? For years, the industry has focused on software and decentralization, but its reluctance to invest in real-world infrastructure is starting to show. Without physical access points, crypto...
Published on: May 28, 2025 | Source:EToro Adds DOGE, XRP, SHIB and 9 Others in U.S. Crypto Push After Nasdaq Debut
The trading platform now offers 15 tokens in the U.S., expanding access as it settles into life as a public company.
Published on: May 28, 2025 | Source:TON jumps 16% as Telegram gets $300M plus xAI equity to integrate Grok
Telegram is no longer just a privacy-first chat app for crypto bros. With a dramatic one-two punch, a $300 million alliance with Elon Muskβs xAI and a $1.5 billion high-yield bond raise, Telegram has moved from insurgent platform to profit engine. TON jumped 15% after Durov confirmed the collaboration. Yet its future, including IPO prospects, [β¦] The post TON jumps 16% as Telegram gets $300M plus xAI equity to...
Published on: May 28, 2025 | Source:Elderly crypto investors are getting scammed: Teach them these key safety tips
Why are seniors being targeted in crypto scams? Scammers prey on seniors because they view them as financially secure, trusting and less familiar with rapidly evolving technology.Letβs understand why seniors are key targets.Perception of wealth: Many older adults have retirement savings or pensions, making them lucrative targets.Lower tech fluency: Navigating crypto wallets, private keys and blockchain concepts can be...
Published on: May 28, 2025 | Source:Ripple challenges SECβs decentralization focus, proposes network maturity standard
Ripple has called on the US Securities and Exchange Commission (SEC) to establish clearer standards for determining when a digital asset no longer qualifies as part of an investment contract. The company submitted a detailed letter to the SECβs Crypto Assets and Cyber Unit on May 27, expanding on a question raised by Commissioner Hester [β¦] The post Ripple challenges SECβs decentralization focus, proposes network...
Published on: May 28, 2025 | Source:Bitcoin price will reach $130K or even $1.5M, top bulls say
Top Bitcoin (BTC) bulls in 2025 have updated their price forecasts, and they range from a relatively cautious $130,000 to seven-figure moonshots.Familiar doubters like gold bug Peter Schiff and economist Nouriel Roubini continue to predict a catastrophic ending for the worldβs largest cryptocurrency. Meanwhile, Bitcoin spent the year with record-breaking rallies behind renewed institutional uptake.It set a new all-time...
Published on: May 28, 2025 | Source:Conduit Raises $36M to Expand Stablecoin-Based Cross-Border Payments Beyond SWIFT
Stablecoins are one of the fastest-growing sectors in crypto and an increasingly popular tool for global payments, attracting interest from venture capital investments.
Published on: May 28, 2025 | Source:UK FCA requests public comments on stablecoin, crypto custody regulation
The United Kingdomβs Financial Conduct Authority (FCA) has requested public feedback on proposed regulations for stablecoins and cryptocurrency custody.In a May 28 request for comment, the United Kingdomβs financial regulator announced that its regulatory proposals are βthe latest milestone on the road to crypto regulation.β The draft rules are based on prior roundtables and industry feedback. David Geale, executive...
Published on: May 28, 2025 | Source:NFT monthly sales break 2025 downward trend in May: CryptoSlam
Non-fungible tokens (NFTs) caught an uptick in sales in May after months of consistent decline throughout 2025.Data from CryptoSlam shows that Mayβs NFT sales climbed to $430 million, up from $373 million in April, a 15% increase. It marks the first monthly sales increase this year, suggesting renewed interest in digital collectibles.This follows a five-month decline in sales since volume peaked at over $900 million in...
Published on: May 28, 2025 | Source:SHIB Stalls Below Key Resistance as Whale Activity Collapses 83%.
Large SHIB holders pull back sharply as liquidity shrinks, but analysts say ecosystem growth and long-term token burn plans may offer upside potential.
Published on: May 28, 2025 | Source:CoinDesk 20 Performance Update: Solana (SOL) Drops 2.1% as Index Trades Lower
Aave (AAVE) was also among the underperformers, declining 1.8% from Tuesday.
Published on: May 28, 2025 | Source:Privacy Crypto Dero Targeted With New Self-Spreading Malware
The malware spread like a worm and spawned malicious containers after infecting fresh devices.
Published on: May 28, 2025 | Source:SUI price chart hints at 2x rally amid Nasdaq ETF filing
Sui (SUI) is making a strong technical case for a 100% price rally in the coming weeks, helped further by a slew of optimistic updates, such as the recent Nasdaq ETF filing with the US Securities and Exchange Commission (SEC).Gooner EMA support raises 40% SUI bounce potential As of May 28, SUI has reclaimed the βGooner EMAβ as support on the weekly chart.SUI/USDT weekly price chart. Source:...
Published on: May 28, 2025 | Source:Muskβs xAI pencils $300M deal with Telegram for Grok integration
Update (May 28, 11:12 pm UTC): This article has been updated to add X posts from Elon Musk and Pavel Durov regarding the deal.Elon Muskβs artificial intelligence company xAI has βagreed in principleβ to integrate its AI chatbot Grok across Telegram, says the messaging platformβs CEO, Pavel Durov.Durov said in a May 28 X post that he and Musk agreed to a one-year partnership for Telegram to distribute Grok across...
Published on: May 28, 2025 | Source:GameStop propelled into top 15 Bitcoin holders, with 4,710 BTC purchase
GameStop has taken a bold step into the crypto space, confirming that it has purchased 4,710 Bitcoin, according to a May 28 statement. According to Bitcoin Treasuries data, this move places GameStop among the top 13 public companies holding Bitcoin, surpassing other entrants like Semler Scientific. Google Finance data shows the companyβs stock climbed roughly [β¦] The post GameStop propelled into top 15 Bitcoin holders,...
Published on: May 28, 2025 | Source:Trading Platform eToro Adds Dogecoin, XRP and More Following SEC Settlement, IPO Push
Online trading firm eToro adds back previously delisted tokens as it re-expands in the U.S. amid post-Trump regulatory thaw.
Published on: May 28, 2025 | Source:XRP price set for 48% jump as spot ETF reality draws closer
Key takeaways:XRPβs falling wedge pattern signals a bullish reversal; 48% price surge potential.SECβs review of WisdomTreeβs XRP ETF may spark investor interest as approval odds jump to 84% on Polymarket.XRP price is forming a falling wedge pattern on the daily chart, a technical chart formation associated with strong bullish momentum following an upward breakout. Could this technical setup, coupled with the SECβs...
Published on: May 28, 2025 | Source:GameStop officially confirms first Bitcoin purchase of 4,710 BTC
GameStop, the US video game and consumer electronics retailer, has confirmed its first Bitcoin investment, acquiring 4,710 Bitcoin, according to a statement posted May 28 on the companyβs X account.The company did not specify how much it paid for the Bitcoin (BTC) or when the purchases were made in the announcement, while its Form 8-K filing with the US Securities and Exchange Commission also offers little detail. The...
Published on: May 28, 2025 | Source:GameStop Buys $512M Worth of BTC For Bitcoin Treasury
Video game retailer GameStop purchased 4,710 BTC, worth $512 million, on Wednesday, establishing a corporate Bitcoin reserve.
Published on: May 28, 2025 | Source:TON Foundation hires former Visa executive to lead payments strategy
The Open Network Foundation (TON Foundation) appointed former Visa executive Nikola Plecas as its new vice president of payments.Plecas will be responsible for shaping and executing TONβs payment infrastructure strategy, the company said in a May 28 blog post.He is tasked with expanding the networkβs capabilities, managing financial partnerships and ensuring compliance across jurisdictions as the foundation scales...
Published on: May 28, 2025 | Source:Amina Bank hits $40M revenue in 2024 as crypto AUM doubles
Swiss crypto bank Amina Bank, formerly Seba Bank, reported record financial results for 2024, with revenue climbing 69% year-over-year to $40.4 million.The bank also saw its assets under management (AUM) rise by 136% to $4.2 billion, driven by institutional demand and strategic expansion, according to a May 28 news release.The Zurich-based bank credited the growth to its multi-jurisdictional footprint, 24/7 trading...
Published on: May 28, 2025 | Source:UNDER EXPOSED EP 27 - Macro, Alt SZN and The Hype Trade
UNDER EXPOSED brings you coverage of the biggest macro news of the week impacting crypto and broader markets, with a focus on the newest trends, trades and narratives. Join hosts TylerD, Deeze, Geebz and Peter Jennings as they have longer conversations on the hottest sectors in crypto and NFTs, what is moving markets and what theyβre buying and selling. Streaming live every Tuesday from 12:00 PM EST to 1:00 PM EST on...
Published on: May 28, 2025 | Source:Vietnamese Police Arrest Gang Accused of $394M Matrix Chain Scam
The operation to dismantle Matrix Chain saw "many elite officers and soldiers" working around the clock for 200 days.
Published on: May 28, 2025 | Source:ASIC Sues Former Blockchain Global Exec Over $20M in Unpaid Customer Claims
ASIC secured interim court orders in February preventing Guo from leaving Australia, but he exited the country days after they expired.
Published on: May 28, 2025 | Source:Cetus Reveals Recovery Plan, Taps SUI for Bridge Loan
A Sui community vote requires over 50% participation and majority approval to reclaim $162 million in frozen funds from the Cetus exploit.
Published on: May 28, 2025 | Source:El Salvador Defies IMF Again With Fresh Bitcoin Purchase Following Loan Review
The IMF urged a halt to crypto accumulation as part of $1.4 billion program. El Salvador responded by buying more.
Published on: May 28, 2025 | Source:Ethereum Options Market Signals Cautious Optimism as Open Interest Climbs
Traders are returning to Ethereum options with split expectations on price targets, even as volatility stays low.
Published on: May 28, 2025 | Source:AI and Crypto Czar David Sacks Says the US Could Buy More Bitcoin
AI and crypto czar David Sacks touted the Trump administration's early wins during Bitcoin 2025, including the pardon of Ross Ulbricht.
Published on: May 28, 2025 | Source:Trump's Win Boosted Bitcoin Adoption by βDecades,β Says Blockstream's Adam Back
Blockstream CEO Adam Back believes Americaβs first βcrypto presidentβ is a net positive for the space, even despite recent controversies.
Published on: May 28, 2025 | Source: