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Dunamu Marks Bitcoin Pizza Day With Event for South Korea’s National Team

Dunamu, the operator of digital-asset exchange Upbit, said May 22 that it held an event supporting South Korea’s national athletes to mark Bitcoin Pizza Day. The company provided pizza and drinks to athletes training at the national training center i

SEC’s Peirce Says Scope for Tokenized Stocks May Be Limited

As the US Securities and Exchange Commission prepares to unveil an "innovation exemption" framework for tokenized stock trading, SEC Commissioner Hester Peirce indicated the scope of permissible products may be narrower than some had expected. Peirce

Samsung Electronics Bonus Deal Heads to Union Vote as DX, Non-Memory Opposition Builds

Union Chief Choi Seung-ho Apologizes for Failing to Satisfy Everyone Some in DX, Non-Memory Units Call for Deal to Be Rejected Samsung Electronics Co.'s tentative agreement with its labor union on performance bonuses will go to a membership vote star

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US Spot Bitcoin ETFs Post $70.5 Million in Net Outflows, Extending Four-Day Streak

US spot Bitcoin exchange-traded funds extended their net outflow streak. Farside Investors data released on May 21 showed US spot Bitcoin ETFs recorded net outflows of $70.5 million the previous day. That marked a fourth consecutive trading session o

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Solana Extends Decline as Network Activity Slows and Rival Chains Gain Ground

Solana remained under pressure as network activity slowed and competition intensified, according to a May 19 report by Cointelegraph. The token has fallen about 15% since failing to break above $98 on May 11. It retested the $83 level on May 19, whil

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KelpDAO Hack Exposes DeFi Security Risks From Complex Infrastructure

The KelpDAO hack, the largest security breach of the year, is prompting fresh scrutiny of how complex infrastructure can create security risks in decentralized finance. CoinDesk reported on May 16 that crypto industry participants view the KelpDAO br

Strategy Formally Raises Prospect of Bitcoin Sales; Analysts Warn of Drop Below $40,000

Strategy, the world’s largest corporate holder of Bitcoin, has formally raised the possibility of selling some of its holdings to help fund dividend payments and other financing needs. Some analysts say a large-scale sale by the company could send Bi

THORChain Confirms $10 Million Hack, Opens Recovery Portal

THORChain acknowledged a hack that caused about $10 million in losses and has started a compensation process for affected users. The THORChain Foundation said in a post on its official social media account on May 16 that it had opened a recovery port

Trump May Decide on Iran Military Action Within 24 Hours, Israel’s Channel 12 Reports

President Donald Trump may soon decide whether to take military action against Iran, according to Israel’s Channel 12. The Israeli government is also preparing for the possibility of armed conflict, the report said. Channel 12 reported on May 16, cit

DogeOS Founder Says Dogecoin Is Moving Beyond Musk Dependence as Major Catalysts Loom

Dogecoin is moving beyond its reliance on Tesla Chief Executive Officer Elon Musk and entering a new phase of independent ecosystem growth, according to Jordan Jefferson, founder and CEO of DogeOS. In an interview with The Block on May 15, Jefferson

IRYS Jumps 37% on Upbit Listing

IRYS surged in intraday trading. As of 8:50 p.m. on May 15, IRYS was trading at 141 won on Upbit, up 36.89% from the previous day. The jump was attributed to stronger investor sentiment following news of its listing on Upbit.

Iran Foreign Minister Says US Sent Message Seeking to Continue Talks

Iran Terror Victims Sue Tether for Return of $344 Million in Frozen USDT

Victims of Iran-linked terrorism and their families have sued Tether in U.S. court, seeking the return of about $344 million in frozen assets. The Block reported on May 15 that the plaintiffs asked the U.S. District Court for the Southern District of

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BDACS, Aptos Partner to Build On-Chain Commerce Network for KRW1 Stablecoin

BDACS, a digital-asset infrastructure company, said May 13 that it signed a memorandum of understanding with layer-1 blockchain platform Aptos to expand the ecosystem for KRW1, a Korean won-linked stablecoin, and cooperate on related infrastructure.

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US Stocks End Mixed After Inflation Surprise; Nasdaq Falls 0.7%

US April CPI rises 3.8%, highest since May 2023 US stocks ended mixed on May 12 as stronger-than-expected inflation data rattled investors. Oil prices also climbed as tensions between the US and Iran intensified. The Dow Jones Industrial Average rose

More Than 3 Million Ether Leave Binance in Net Outflows in May

Binance has recorded large Ether withdrawals so far in May, prompting speculation that some investors are shifting to long-term holdings. Crypto analyst Arab Chain wrote in a CryptoQuant post on May 12 that Binance has seen net outflows of more than

US April CPI Rises 3.8%, Above Market Forecast

U.S. consumer prices rose more than expected in April. The Bureau of Labor Statistics, part of the Labor Department, said May 12 that the consumer price index increased 3.8% from a year earlier. That topped the market forecast of 3.7%. The previous r

peaq Integrates peaqOS With LG CLOiSim to Enable On-Chain Robot-to-Robot Payments

peaq, a blockchain focused on decentralized physical infrastructure networks, said it has integrated peaqOS with LG Electronics’ robot simulation environment. The project described the move as a test of an on-chain economic model in which robots prov

Kyobo Life Forms Digital Asset Unit to Expand STO, RWA Blockchain Push

Kyobo Life Insurance has set up a dedicated digital-asset unit and begun mapping out related businesses, as it moves to get ahead of digital-asset legislation with blockchain-based ventures including tokenized securities, or STOs, and real-world asse

Kevin Warsh Confirmed to Fed Board; Senate Chair Vote Set for May 14

The U.S. Senate has formally confirmed Kevin Warsh to the Federal Reserve Board, bringing a potential leadership change at the central bank closer to reality. According to foreign media reports on May 12, the Senate approved Warsh’s appointment as a

Iran Says It May Raise Uranium Enrichment to 90% if Attacked Again

Iran warned it could raise uranium enrichment to 90%, a weapons-grade level, if it comes under attack again. The issue of Tehran’s right to enrich uranium is emerging as a central sticking point in negotiations with the US. BlockBeats, a cryptocurren

Sui Surges Nearly 50% in a Week as Volume Exceeds $2.5 Billion

Layer-1 blockchain Sui has surged nearly 50% over the past week, drawing renewed attention from the market. Cointelegraph reported on May 11 that Sui rose from about $0.94 on May 4 to as high as $1.41 during intraday trading on May 11. Trading volume

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Trump Says Iran Hard-Liners Will Eventually Negotiate

President Donald Trump said Iran's hard-liners will eventually enter negotiations. He also expressed dissatisfaction with Tehran's demand for compensation for war damage. Walter Bloomberg, an overseas breaking-news account, reported on May 11 that Tr

Trump Says Iran Hard-Liners Will Yield, Objects to War Reparations Demand

President Donald Trump said Iran’s hard-liners will eventually come to the negotiating table. He also voiced displeasure with Tehran’s demand for compensation for war damage. Walter Bloomberg reported on May 11 that Trump told Fox News “Iran’s hard-l