Crypto-backed political groups have expanded their election spending as several US primaries test the industry’s influence in Congress. Summary Crypto-backed PACs have increased spending in US congressional primaries as digital asset policy becomes a key election issue. FEC filings show Protect Progress spent millions supporting Democratic candidates in California, New Jersey, Maryland, and New York.
Fluid lost $215K after one attacker controlled both reward distribution keys, draining tokens through fake Merkle roots and routing proceeds to Tornado Cash. The reward tokens were already gone. On May 27, an attacker who held both of Fluid’s operational signing keys pushed a fake reward list to the protocol’s Merkle distributors on Ethereum, Base,
New York’s financial regulator has formed a stablecoin supervision agreement with the European Banking Authority as regulators on both sides of the Atlantic tighten cooperation over digital assets. Summary NYDFS and the European Banking Authority signed an agreement to share information on stablecoin supervision. The agreement covers market risks, consumer protection, and oversight of firms
Friday 5 June, US Non-Farm Payrolls (May) This opening salvo for the month will shape interest rate expectations heading into the Federal Open Market Committee (FOMC). Soft employment data will likely accelerate rate-cut optimism, offering a tailwind for risk assets, while a resilient labour market points to a “higher-for-longer” stance. The critical question is whether
Coinbase Ventures has purchased ENA tokens on the open market as Coinbase and Ethena prepare a new partnership focused on on-chain finance and savings products. Summary Coinbase Ventures bought ENA tokens on the open market rather than participating in a discounted private round. Ethena said the purchase came alongside a new partnership with Coinbase focused
MicroStrategy sold 32 bitcoin last week for roughly $2.5M, its first confirmed sale since late 2022, and the market noticed immediately, sending the company’s shares down 6% and bitcoin itself down 3% to approximately $71,486. The sale was disclosed in a regulatory filing and tied directly to funding distributions on the company’s preferred stock. It
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Market volatility boosts interest in simplified AI compute platforms like SHRMiner as traders seek alternative exposure. Summary Bitcoin volatility is pushing some investors toward automated platforms that offer alternatives to active trading. SHRMiner aims
Latest developments: Vaynerchuk said businesses should approach AI with curiosity rather than fear as the technology reshapes industries. He compared the current AI moment to the early internet era, arguing many companies risk underestimating the shift. Vaynerchuk said organizations that resist tools like AI-generated content and automation risk disruption more than those that adopt them.
Capital B has sought shareholder approval to authorize up to €5 billion in new equity issuance and €116 billion in credit instruments as the French Bitcoin treasury company pushes for additional capital to expand its Bitcoin holdings. Summary Capital B is seeking shareholder approval to authorize up to €5 billion in new equity issuance and
Spot Solana ETFs crossed $1.06 billion in total assets under management as of mid-May 2026. Goldman Sachs is a confirmed holder. Summary Solana ETFs crossed $1.06B in AUM, but SOL remains 77% below its January 2025 all-time high. ETF inflows are being absorbed by venture unlock supply, limiting the price impact of institutional buying. BSOL’s
