Crypto
AI Summary
- Spot Bitcoin ETFs have experienced an unprecedented nine-day outflow streak, amounting to approximately $2.8 billion, raising concerns about waning institutional demand despite analysts suggesting it could be a contrarian indicator.
- The U.S. Treasury has seized nearly $1 billion in cryptocurrency assets belonging to Iran, as part of efforts to disrupt the nation's illicit financing activities.
- The CFTC has approved crypto perpetual futures on prediction markets Kalshi and Coinbase, signaling a shift towards embracing 24/7 digital asset trading, though some express caution about its suitability for traditional markets.
- The Sui Network has faced recurring outages, with its latest downtime lasting several hours, raising questions about the network's stability and reliability for users.
- Legal proceedings continue for former crypto executives, with the ex-CEO of Celsius filing a motion to vacate his sentence, while regulatory bodies like the SEC and CFTC engage in ongoing enforcement actions and settlement discussions.
Sources
Cointelegraph
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SEC charges Texas man with $12.3M crypto fraud using fake AI trading bots
2 hours ago
by Cointelegraph by Amin Haqshanas
Latest NewsThe SEC charged Texas man Nathan Fuller with raising $12.3 million from 150 investors through a crypto fraud scheme built around fake AI trading bots.
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Here’s what happened in crypto today
2 hours ago
by Cointelegraph by Cointelegraph
Trump memecoin, Solana memecoin, TRUMP token, Solana, SOL, Nova Labs, SEC, Securities and Exchange Commission, Crypto regulation, TRUMP rally, Bitcoin, Latest NewsNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
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Spot Bitcoin ETFs see record 10-day outflow streak, analyst calls it ‘contrarian indicator’
5 hours ago
by Cointelegraph by Amin Haqshanas
Latest NewsSpot Bitcoin ETFs logged a record 10-day outflow streak totaling nearly $3 billion, while Ether ETFs bled for 14 consecutive sessions.
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Bitcoin treasury space still has fair share of ‘carnival barkers’: BSTR founder
6 hours ago
by Cointelegraph by Ciaran Lyons
Latest NewsBSTR co-founder Sean Bill says many Bitcoin treasury companies lack the “ability to actually deploy Bitcoin.”
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US has seized nearly $1 billion in Iranian crypto, Treasury secretary says
7 hours ago
by Cointelegraph by Amin Haqshanas
Latest NewsUS Treasury Secretary Scott Bessent said the US has seized roughly $1 billion in Iranian crypto assets, double the figure disclosed in late April.
CoinDesk
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When the market is bad, we build: Inside Binance’s bold 2030 master plan
2 hours ago
by Olivier Acuna
Finance, Binance, NewsEstablished crypto firms will merge with traditional finance, but neither Wall Street bankers nor corporate giants will take over the crypto industry, said Binance’s Head of VIP and Institutional, Catherine Chen.
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Hyperliquid could become a ‘financial services juggernaut’ as DeFi expands, says Grayscale
2 hours ago
by Helene Braun
Finance, Hyperliquid, NewsThe digital asset manager says Hyperliquid is emerging as a blockchain-based financial infrastructure platform with the potential to expand beyond crypto trading and challenge parts of traditional derivatives and exchange markets.
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XRP ETFs add $35 million as bitcoin and ether funds lost $2 billion in late May
4 hours ago
by Shaurya Malwa
Markets, NewsFrom May 20 to May 29, XRP funds took in $35 million while bitcoin and ether ETFs lost roughly $2 billion combined, with Ripple’s earlier reported XRP treasury plan still awaiting confirmation.
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Bitcoin, ether, XRP, dogecoin lag a nine-week stocks rally as ETF demand cools
10 hours ago
by Shaurya Malwa
Markets, NewsThe S&P 500 posted its longest weekly winning streak since 2023 and Brent oil stabilized near $92 on US-Iran ceasefire hopes. The biggest cryptocurrencies still drifted lower, with Hyperliquid's HYPE the only major name to rally.
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Bitcoin’s biggest quantum risk may not be wallet keys. An early investor fears something bigger
10 hours ago
by Shaurya Malwa
Tech, NewsAndrew Gault, the venture capitalist who funded the quantum hardware labs now threatening bitcoin, says the industry is looking in the wrong place. Google's own security team moved in the same direction in March.
Decrypt
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What Is an AI Prompt Injection Attack? The Hidden Threat Hijacking Your Chatbots
2 hours ago
by Jose Antonio Lanz
Artificial IntelligenceHackers can hijack ChatGPT, Claude, and Gemini with nothing but a sentence. OpenAI says the problem may never be fully solved. Here is what it is, how it works, and how to stay safe.
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'He’s Full of Shit': JP Morgan's Jamie Dimon Takes Aim at Coinbase CEO Over Clarity Act
18 hours ago
by Logan Hitchcock
BusinessDimon vowed to fight the passage of the crypto market structure bill until the bitter end.
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Treasury Secretary Bessent Says US Has 'Grabbed' $1 Billion in Crypto From Iran
19 hours ago
by André Beganski
Law and OrderTreasury Secretary Scott Bessent said the U.S. has "outright grabbed" roughly $1 billion worth of cryptocurrencies from Iran via seizures.
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Celsius Founder Alex Mashinsky Files to Have 12-Year Crypto Fraud Sentence Vacated
19 hours ago
by Logan Hitchcock
celsius-degree-token, Law and OrderCelsius founder and former CEO Alex Mashinsky hopes to have his prison sentence vacated, claiming a legal conflict tied to Sam Bankman-Fried.
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Coinbase Becomes First US Exchange Allowed to Offer Global Crypto Perps Trading
20 hours ago
by Sander Lutz
Law and OrderCoinbase can offer U.S. customers access to offshore crypto perpetual futures, a risky form of leveraged crypto trading, the CFTC said Friday.
AMBCrypto
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Hyperliquid briefly flips Dogecoin, joins the top 10 crypto list after $67.5 ATH
an hour ago
by Benjamin Njiri
Altcoin, News, Social, Trading ViewHyperliquid viewed the recent approval of U.S crypto perps as positive sign, not a threat.
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JTO jumps 12% but sellers still control the perpetual market: What’s next?
2 hours ago
by Olayiwola Dolapo
Altcoin, News, Social, Trading ViewA Long/Short Ratio of 0.87 and a negative funding rate keep JTO's bullish case alive.
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Is Ethereum’s volatility shock coming? What to expect as sell pressure deepens
3 hours ago
by Muriuki Lazaro
Ethereum, News, Social, Trading View, ambcryptoEthereum faces a critical setup as crowded positioning raises the risk of sharp market moves.
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Why Audiera [BEAT] is THE token to watch out for this weekend
4 hours ago
by Olayiwola Dolapo
Altcoin, News, Social, Trading ViewBEAT could extend its gains beyond its current target level as bullish confluences continue to stack up.
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SKY whale moves 137 mln tokens: Is a sell-off coming as price struggles near $0.060?
4 hours ago
by Gladys Makena
Altcoin, News, Social, Trading ViewAn address linked to dragonfly_xyz moved 137 million SKY, worth $9.05 million to Coinbase.