Crypto
AI Summary
- THORChain experienced a $10 million exploit, prompting a trading halt and the launch of a recovery portal for affected users, impacting its RUNE token.
- The CLARITY Act has generated significant optimism within the Bitcoin community and is progressing through legislative bodies, though it faces partisan debate regarding ethics.
- Spot Bitcoin ETFs saw substantial outflows totaling $1 billion in a week, ending a six-week streak of positive inflows, with Bitcoin prices reacting to broader market movements.
- Major financial institutions like CME and ICE are urging US regulators to investigate Hyperliquid due to concerns about energy trading manipulation.
- Companies such as Bitcoin Depot are facing significant legal and financial challenges, casting doubt on their future prospects amidst lawsuits and declining revenue.
Sources
Cointelegraph
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THORChain confirms $10M exploit, rolls out recovery portal for affected users
2 hours ago
by Cointelegraph by Amin Haqshanas
Latest NewsTHORChain has launched a recovery portal following a $10 million exploit, allowing affected users across four chains to revoke malicious approvals and claim refunds.
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Sharplink CEO points out 3 catalysts for Ethereum's price to surge higher
3 hours ago
by Cointelegraph by Ciaran Lyons
Latest NewsThe rest of the world is “really closely” watching the US CLARITY Act as the nation moves further away from the previous “hostile stance,” according to Sharplink’s chief.
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Spot Bitcoin ETFs bleed $1B in a week, snapping six-week inflow run
3 hours ago
by Cointelegraph by Amin Haqshanas
Latest NewsSpot Bitcoin ETFs shed $1 billion in a single week as capital rotated toward AI stocks and macro uncertainty weighed on sentiment, ending a six-week run that had pulled in $3.4 billion.
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US CLARITY Act brings ‘major spike of euphoria’ to Bitcoin: Santiment
9 hours ago
by Cointelegraph by Ciaran Lyons
Latest NewsSantiment warned that the crypto market “typically” moves against crowd expectations, pointing to a recent rise in bullish sentiment driven by renewed momentum around the US CLARITY Act.
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House committee leaders urge Trump to nominate CFTC members, citing CLARITY Act
12 hours ago
by Cointelegraph by Turner Wright
Latest NewsThe US Commodity Futures Trading Commission is currently headed by Chair Michael Selig, with no public statement from Donald Trump about fully staffing the five-member panel of commissioners.
CoinDesk
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Crypto longs lose $500 million as bitcoin slides to $78,000, SOL and XRP down 5%
4 hours ago
by Shaurya Malwa
Markets, NewsA long-skewed liquidation cascade flushed leverage across the major tokens overnight, with the move tracking a global bond selloff and the worst session for U.S. stocks since March.
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Bhutan ‘doesn’t recall’ selling any bitcoin, disputing widely-tracked $1 billion BTC drawdown
9 hours ago
by Shaurya Malwa
Markets, NewsArkham Intelligence data shows that over $1 billion in bitcoin has left wallets attributed to Bhutan in the past year, flowing to exchanges and trading firms. The country says it has not sold any.
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U.S. House lawmakers who oversee the CFTC are urging Trump to fill the commission
14 hours ago
by Jesse Hamilton
Policy, Regulation, Donald Trump, NewsAs the Commodity Futures Trading Commission takes on a growing task to police U.S. crypto trading, senior lawmakers are saying it needs bipartisan leadership.
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SpaceX targets June 11 IPO pricing, picks Nasdaq for historic market debut
16 hours ago
by Helene Braun
Markets, SpaceX, NewsElon Musk’s rocket and satellite company has accelerated plans for its blockbuster public offering, with trading expected to begin as early as June 12 after a faster-than-expected SEC review.
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Saudi Arabia is tokenizing its multi-trillion dollar economy to protect its wealth from global shocks
19 hours ago
by Olivier Acuna
Finance, Tokenization, Stablecoins, NewsThe chairman of droppRWA has secured $12.5 billion in mandates to tokenized real estate and his plans are to go beyond properties to bring trillions of dollars onchain.
Decrypt
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Drake Calls for Sam Bankman-Fried's Release in New, Critically Panned Album
14 hours ago
by Sander Lutz
BusinessRapper Drake released three new albums on Friday, and described himself on one as “a BTC crypto big-timer.”
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Lombard Finance Dumps LayerZero, Will Use Chainlink to Power $1 Billion in Bitcoin Assets
15 hours ago
by Logan Hitchcock
MarketsThe Bitcoin DeFi protocol is moving its assets away from LayerZero following the Kelp DAO exploit that led to the loss of $292 million.
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Hyperliquid Policy Arm Rejects Market Integrity Concerns Amid Oil Futures Surge
15 hours ago
by André Beganski
DeFiDecentralized exchange Hyperliquid has become a popular destination for speculating on oil prices.
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President Trump Discloses Coinbase, Robinhood and Bitcoin Mining Stock Trades
16 hours ago
by Logan Hitchcock
MarketsPresident Donald Trump reported trades in crypto firms like Coinbase and Robinhood, among others, according to new ethics filings.
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Packs of Empty Waymos Are Weirding Out Atlanta Neighborhood
17 hours ago
by Jason Nelson
TechnologyResidents in northwest Atlanta say empty Waymo robotaxis have spent weeks repeatedly circling residential streets early in the morning.
AMBCrypto
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Top 6 crypto casinos of May 2026
an hour ago
by AMBCrypto Team
Google News, HideCryptopanic, NewsCrypto casinos are the natural evolution of two industries defined by digital disruption: blockchain and online gambling. As cryptocurrencies gained traction for their speed, security, and decentralisation, it was only a matter of time before these traits were applied to betting platforms. However, what sets crypto casinos apart from normal online betting platforms isn’t just Continue reading "Top 6 crypto casinos of May 2026"
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Kraken turns to Chainlink – Cross-chain security becomes first priority
2 hours ago
by Muriuki Lazaro
Altcoin, News, News 1, Social, Trading View, ambcryptoKraken’s migration to Chainlink CCIP reflected rising institutional demand for secure cross-chain settlement infrastructure.
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Jerome Powell steps down as Fed chair amid Bitcoin’s cloudy outlook: ‘Going to face some tests’
3 hours ago
by Benjamin Njiri
Bitcoin, BTC Trading View, Global News, News, News 1, Social, Trading View, ambcryptoAnalysts were cautious of Bitcoin and crypto's next move amid sticky inflation.
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Ethereum – Is another sell-off likely now after ETH falls below the realized price and its 200WMA?
4 hours ago
by Akashnath S
Ethereum, News, Social, Trading View, ambcryptoHike in Ethereum total value staked indicated steady long-term market conviction.
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Here’s why SIREN is likely to fall again after its latest 56% price crash
4 hours ago
by Chandan Gupta
Memecoins, News, Social, Trading ViewSIREN is in an interesting spot right now after its latest price crash.