Crypto

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Crypto

Why Zcash crashed despite the Orchard fix

On May 29, 2026 a security researcher engaged by Zcash developers uncovered a critical bug in the network’s Orchard privacy pool that could have allowed an attacker to mint unlimited, undetectable ZEC. The team disclosed the flaw, disabled the vulnerable component within days and re-enabled a patched circuit via

Crypto

Polymarket dispute over Strategy Bitcoin sale resolves 'No'

A disputed Polymarket contract on whether Strategy sold Bitcoin by May 31 resolved to “No” after two dispute rounds. UMA Optimistic Oracle token holders voted to settle the market in “no” following a second resolution cycle that closed at 12:34 am UTC on Thursday; an overwhelming 98.6% of

Crypto

Bitcoin price crash puts $60K support back in the spotlight

Bitcoin traded near $61,925 on June 5 as selling pressure pushed it close to the $60,000 support zone. BTC was down 3.44% over 24 hours and 15.82% over seven days, trading between $61,394 and $64,353 with 24‑hour volume of $56.21 billion. The

Crypto

South Korea opens illegal gambling probe into Polymarket users

Gangwon Provincial Police has launched what appears to be South Korea’s first illegal gambling investigation targeting local users of the decentralized prediction market Polymarket, following a request from the National Police Agency. Users could face fines of up to 10 million won ($6,500) under Article 246 of the

Crypto

ZEC Falls After Disclosure of Patched Zcash Orchard Vulnerability

ZEC plunged more than 30% in 24 hours to $410 after details emerged of a critical counterfeiting vulnerability in Zcash’s Orchard shielded pool. The bug, which could theoretically allow unlimited minting of ZEC, has existed since May 2022; it was discovered on May 29 and prompted an emergency hard

Crypto

Strategy’s Bitcoin Model Under Pressure, Grayscale Warns

Grayscale warned Strategy’s leveraged Bitcoin model is stressed, which could limit the firm’s ability to keep buying BTC and potentially force further sales. "The shift in approach from one of the world’s largest BTC holders has weighed on market sentiment," said Zach Pandl. Michael Saylor’

Crypto

What could happen if bitcoin breaks below $60,000

Bitcoin has been losing ground and is fast closing on $60,000 amid record ETF outflows. Deribit regards that level as more than a round-number psychological mark: it is a structural threshold with real consequences for institutions and derivatives market participants, Jean-David Péquignot, Deribit's chief commercial officer, said.

Crypto

Senate Republicans Urge Regulators to Clarify Crypto Capital Rules

A group of Senate Republicans urged US financial regulators to clarify capital standards for companies engaged in crypto activities. Senator Cynthia Lummis led the group in sending a letter on May 27 to Federal Reserve Vice Chair for Supervision Miki Bowman, Federal Deposit Insurance Corp. Chairman Travis Hill, and Comptroller

Crypto

Bybit Lists Western Union’s USDPT Stablecoin

Crypto exchange Bybit has added support for Western Union’s USDPT stablecoin, bringing the payments giant’s digital dollar onto a major trading venue for the first time. USDPT is now available on Bybit for holding, trading and transfers, expanding the token beyond payments and increasing the range of dollar-denominated

Crypto

Hedge Funds Trim Bitcoin ETF Holdings as Banks Increase Positions

Professional ownership of US spot Bitcoin exchange-traded funds fell sharply in the first quarter as the market softened. A CoinShares report analyzing quarterly 13F filings found professional investors cut exposure to 261,000 BTC from 313,000 BTC, a 17% decline; the combined value of those holdings dropped 35% to

Crypto

Russia sanctions 17-year-old after report on ruble-pegged stablecoin

Alexander Browder, the 17-year-old son of political activist Bill Browder, says he has been targeted by Russia after alleging officials used the ruble-pegged stablecoin A7A5 to evade sanctions linked to the war in Ukraine. His father called him “the first high school student in the world to be sanctioned by

Crypto

Strategy’s Bitcoin Sale Raises Solvency Concerns As Bitcoin Crashes

Bitcoin slid 21% over ten days, retesting the $61,000 level for the first time in four months as Strategy (MSTR US) paused its accumulation. The move coincided with the company’s May 15 decision to buy back some convertible debt, prompting trader concern that Strategy could be forced to

Crypto

Coinbase to Let Borrowers Use Crypto for Fannie Mae‑backed Mortgages

Coinbase and partner Better Home & Finance will let qualified borrowers pledge digital assets to fund Fannie Mae‑backed mortgages, with the program set to launch by summer 2026. Borrowers will initially be able to use Bitcoin (BTC) or USDC as collateral for loans to cover down payments. The initiative,

Crypto

Gray peptide vendors embrace stablecoins as safety fears deepen

Chainalysis said off-label peptide sales have climbed past a $100 million annual run rate, with first-quarter sales in 2026 reaching $32 million — up 159% from $12 million in the prior quarter. The blockchain analytics firm linked the surge to rising public interest in peptides and the mainstream discussion around GLP-1

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Bitcoin Must Hold $60,000 Next After $2 Trillion Crypto Market Wipeout

Bitcoin returned below $64,000 after Thursday’s Wall Street open as bulls nursed 13.5% weekly losses. The focus is on $60,000 and its ability to hold as support, a key line in the sand for bulls. Price strength barely recovered after a slide to the lowest levels

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Arthur Hayes Dumps HYPE, NEAR Ahead of ‘Mega’ AI IPOs

BitMEX co-founder Arthur Hayes said he dumped his Hyperliquid (HYPE) and Near Protocol (NEAR) token holdings, reversing course after previously assigning aggressive upside targets. He cited higher energy prices due to the ongoing Middle East conflict, three forthcoming “mega AI IPOs” by the third quarter of 2026 and predictions that

Crypto

Apex Group Joins Tokenized Real Estate Fund on Goldman Sachs Platform

Apex Group is providing fund management services for a tokenized real estate fund whose shares are being issued on Goldman Sachs’ Digital Asset Platform (GS DAP). The vehicle was developed with Goldman Sachs alongside digital asset exchange Archax, real estate manager LRC Group and interoperability provider Ownera. Apex’s global

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Bitcoin isn't broken, says Strategy's Saylor

Bitcoin (BTC) has tanked over 14% in one week and 22.7% in four weeks. Strategy Chairman Michael Saylor offered a simple explanation: capital rotation, not impairment. Saylor pointed to the historic pace of AI infrastructure funding — approximately $400 billion deployed over the past six months — and noted about $4

Crypto

FG Nexus Sells 10,000 ETH as Treasury Losses Top $100M

A wallet Arkham links to FG Nexus moved another 10,000 Ether on Wednesday, extending a series of sales that began after the company built a large position in 2025. The latest transfer equates to roughly $17.8 million at current prices and follows earlier disposals that saw the Nasdaq-listed

Crypto

Bitcoin price slides below $63K as Iran tensions shake crypto markets

Bitcoin fell below $63,000 as sellers broke the May range and the market slid to its weakest level since February. The drop extended a sharp decline from the May range and came as renewed U.S.-Iran tensions weighed on wider risk markets. The Kobeissi Letter said Bitcoin had

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Over $600M in Bitcoin Longs Liquidated as BTC Nears $60K

Bitcoin's brief plunge toward the $60,000 area wiped out more than $600 million in long positions and raised questions over whether the rebound is a bottom or a relief bounce after a leverage flush. BTC fell to roughly $61,300 before recovering 5.52% to about $64,

Crypto

Maelstrom Predicts Worldcoin Token Surge to $5

Maelstrom, the investment firm of Arthur Hayes, said Worldcoin’s WLD token could climb to as much as $5 over the next few months, positioning the token as a crypto proxy for the AI boom. Maelstrom researcher Lukas Ruppert wrote, “The AI mega IPOs are coming — and it appears the

Crypto

Revolut to Offer Stablecoins via Planned US Bank

Revolut plans to offer stablecoins through its future US bank, the company’s US CEO Cetin Duransoy said. Customers of the bank, expected to launch next year, will have access to FDIC-insured accounts, multi-currency deposits, stock trading and cryptocurrency services. The bank will initially target retail and business customers with

Crypto

Treasury pushes Bitcoin reserve, expects CLARITY Act to pass this summer

Treasury Secretary Scott Bessent told Senate lawmakers the department is pushing to establish a strategic Bitcoin reserve and digital asset stockpile, more than a year after President Donald Trump called for one in a 2025 executive order. Speaking at a Senate Finance Committee hearing on the department's fiscal

Crypto

Israel's Tax Authority 'Disappointed' in Voluntary Crypto Disclosures

The Israel Tax Authority expected up to $1 billion in tax receipts from a voluntary disclosure policy for crypto holdings, but has so far recorded only about $50 million, Globes said. The outlet added the shortfall points to potentially billions of dollars in underreported crypto assets. The procedure, announced in