Minimalist News

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Sun, May 31, 2026, 11:46 AM EDT

Crypto

AI Summary

  • Bitcoin ETFs experienced a record nine-day outflow streak, totaling $2.8 billion, signaling potential waning investor demand despite some analysts viewing it as a contrarian indicator.
  • The Cosmos ecosystem faced an exploit on the Gravity Bridge, resulting in a loss of approximately $5.4 million, which significantly impacted its Total Value Locked (TVL).
  • Regulatory discussions intensified with Senator Lummis expressing concerns about China potentially setting global financial rules if U.S. legislation like the CLARITY Act falters, alongside continued debate over stablecoin regulations.
  • The U.S. Treasury announced the seizure of nearly $1 billion in Iranian cryptocurrency, part of an expanding pressure campaign against the nation.
  • The CFTC has taken steps to embrace 24/7 crypto trading by approving perpetual futures contracts on platforms like Kalshi and Coinbase, though caution was advised regarding its application to traditional financial sectors.

Cointelegraph


CoinDesk


Decrypt


AMBCrypto


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