Key Takeaways Circle blacklisted Zama’s cUSDC Ethereum contract on May 30, 2026, freezing $12.6M in pooled USDC funds. A U.S. federal court TRO tied to Newton AC/DC Fund LP’s lawsuit against Maxim Ermilov triggered the freeze. Zama plans to isolate the flagged deposit before a June 1 hearing to restore access for unaffected users. Circle’s…
Key Takeaways Peckshield flagged a ~$5.4M Gravity Bridge exploit on May 30, including $4.3M in USDC and 274 ETH. The theft adds to over $328M Peckshield tracked across bridge hacks in May 2026. The attacker still holds 2,102 ETH (~$4.23M), with onchain sleuths tracking the laundering trail. Funds Routed Through Binance and ChangeNow Gravity Bridge,…
Key Takeaways HYPE hit a record $67.24 on May 29 after the CFTC cleared the first U.S. perpetual futures contract. Grayscale says Hyperliquid earned about $800 million in fees in 2025, pressuring rival exchanges. A spot HYPE ETF decision from the SEC, filed as GHYP on May 22, is the next catalyst traders are watching….
MiCA Decoded is a 12-article weekly series for Bitcoin.com News, co-authored by LegalBison’s Co-Founding and Managing Directors: Aaron Glauberman, Viktor Juskin and Sabir Alijev. LegalBison advises crypto and FinTech companies on MiCA licensing, CASP and VASP applications, and regulatory structuring across Europe and beyond. Early in 2025, a crypto founder spent six months dismantling their…
Key Takeaways Cryptoquant CEO Ki Young Ju says bitcoin’s PnL typically falls for about 18 months after a profit-taking cascade. Bitcoin’s downtrend began in October 2025 and won’t reverse until unrealized profits rebuild, Ju argues. Cryptoquant’s Bull-Bear Cycle Indicator flipped bullish on May 12, muddying the bear call. Still Some Time To Go Till The…
Key Takeaways Visa invested in Replit to bring secure payments into AI-built apps and agents. Over 1,000 Visa employees use Replit, signaling growing enterprise AI adoption. Replit plans Visa Trusted Agent integration, enabling autonomous software payments. Replit Expands Enterprise Sales as Visa Joins AI Commerce Initiative Visa has made a strategic investment in Replit, the…
Key Takeaways Marco Rubio designated CV and PCC as global terrorists, with FTO status scheduled to begin on June 5. Impacting the crypto market, the PCC used bitcoin mining to launder funds across Brazil. Lobbied by Flavio Bolsonaro, the US will next enforce strict FTO rules against the 2 Brazilian gangs. Comando Vermelho (CV) and…
Key Takeaways Sui halted for a 3rd time in 2 days, disrupting the market as the Core Team next works on a long-term fix. The cause seems to be the new stablecoin’s 0-fee transaction logic, which had design defects. Sui halted again at 4:30 PM EDT, freezing user transactions as it investigates issues regarding epoch…
The digital asset industry is bracing for a tense macro environment this week. Arthur Hayes critiques the token economy, and decentralization advocates face intense crackdowns from sovereign nations. Here are the crypto stories you may have missed this week. 🏛️ Macro & Institutional Headwinds ETF Bleed: Outflows Mount for BTC and ETH The institutional appetite…
Key Takeaways The S&P 500 closed at a record 7,592 on May 29, extending its winning streak to nine straight weeks. University of Michigan consumer sentiment hit a record low of 44.8 in May, with 57% of consumers citing high prices. Bitcoin held near $73,500 as CME launched 24/7 crypto futures trading and gold rebounded…
