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The US military said it shot down four Iranian one-way attack drones headed toward the Strait of Hormuz and carried out retaliatory strikes on Iranian coastal surveillance facilities. US Central Command said in a post on X on June 5 that American for
Digital asset treasury, or DAT, companies are seeing sharply diverging results in the broader crypto downturn. The Block reported on June 5 that treasury firms centered on Bitcoin, Ether and Solana have posted large unrealized losses, while companies
The US Commodity Futures Trading Commission has scrapped a policy that barred settlements with defendants who publicly denied the agency’s allegations. Cointelegraph reported on June 4 that the CFTC will withdraw the so-called No-Deny policy, which w
President Donald Trump has told aides he will not restart a full-scale war with Iran unless an Iranian attack kills US troops, the Wall Street Journal reported on June 3. Trump recently told advisers he could consider ending the current ceasefire if
Stablecoins are moving beyond retail investors and becoming a key payment tool in the business-to-business market, according to a new analysis. Cointelegraph reported on June 3 that Paybis, a cryptocurrency trading and payments infrastructure provide
Hyperliquid’s native token HYPE has surpassed Solana’s SOL in price for the first time. The Block reported on June 3 that HYPE climbed to an intraday record of $74.67. It was still trading in the $73 range, above Solana in the $72 range. The price cr
TON surged after launching a governance vote to rename its token as Gram. Cointelegraph reported on June 2 that TON had begun the vote earlier in the day. After the announcement, the token climbed about 15% to $2.25 from $1.95. Pavel Durov, Telegram’
Kaia said June 2 that it signed a memorandum of understanding with 8Percent, a South Korean online investment-linked finance company, to build real-world asset investment infrastructure backed by rights to receive principal and interest on loan claim
Charles Schwab plans to introduce spot cryptocurrency trading for investment advisor clients. Wu Blockchain reported on June 1 that Schwab is targeting a 2027 rollout of spot crypto trading, asset transfers and custody services for advisor clients. J
Hyperliquid (HYPE) has climbed to a record high, with investor attention and market optimism also rising to their highest levels this year. On-chain analytics firm Santiment said June 1 that Hyperliquid recently topped $73, setting a fresh all-time h
<Today’s Key Economic Events> ▶︎ June 2 (Tuesday): △ Atlanta Fed second-quarter GDPNow update (12:30 a.m. Korea Standard Time; 11:30 a.m. US time) △ South Korea May consumer price index (8 a.m. Korea Standard Time; 7 p.m. US time) △ US April Job Open
BitMine, a corporate Ether holder, has increased its holdings to more than 5.41 million ETH after another purchase. BitMine recently bought 26,497 ETH, The Block reported on June 1. The purchase was worth about $52 million at current prices. The late
US spot-Bitcoin exchange-traded funds recorded heavy withdrawals last week. Wu Blockchain said on June 1 that US spot-Bitcoin ETFs posted net outflows of $1.42 billion during the May 25-29 period. It was the third-largest weekly net outflow since the
Former Federal Reserve Chair Jerome Powell publicly warned against any erosion of central bank independence. Bloomberg reported on June 1 that Powell made the remarks during a speech at the Profile in Courage Award ceremony at the John F. Kennedy Pre
Key Economic Events Today ▶ June 1 (Monday): △ South Korea May trade balance (9 a.m. Korea time, 8 p.m. US time) △ Fed Chair Jerome Powell speech (9:30 a.m. Korea time, 8:30 p.m. US time) △ US May Manufacturing PMI (10:45 p.m. Korea time, 9:45 a.m. U
Bitcoin extended its losses and fell below the $74,000 mark. As of 12:42 p.m. on May 28 in Korea, Bitcoin was trading at $73,481.73 on Binance's USDT market, down 3% from a day earlier. On Upbit's won market, it traded at 108.309 million won, down 1.
Grayscale, the global asset manager, has issued a positive assessment of Hyperliquid, or HYPE. Wu Blockchain reported on May 27 that Grayscale said in a recent report that Hyperliquid is a "breakout success story" in the modern digital-asset industry
<Today’s Key Economic Calendar> ▶︎ Thursday, May 28: △ South Korea interest-rate decision (10 a.m. Korea Standard Time) △ US April core PCE price index (9:30 p.m. Korea Standard Time / 8:30 a.m. ET) △ US preliminary first-quarter GDP (9:30 p.m. Korea
President Donald Trump criticized former US Securities and Exchange Commission Chair Gary Gensler and what he called anti-crypto forces, saying they drove the US digital-asset industry overseas. In a Truth Social post on May 27, Trump said Gensler an
The White House has begun reviewing a proposed rule for prediction markets. The Office of Information and Regulatory Affairs, part of the White House Office of Management and Budget, recently received a draft prediction-market rule submitted by the C
David Hoffman, the Bankless co-founder known as an Ethereum bull, said he sold his Ether holdings because the token's upside momentum has weakened. Wu Blockchain reported on May 26 that Hoffman remains bullish on the Ethereum network itself. But he s
Southeast Asia Blockchain Week 2026, or SEABW 2026, jointly hosted by global blockchain venture capital firm Hashed and ShardLab, wrapped up in Bangkok, the organizers said on May 26. The event was held on May 20 and 21 at ICONSIAM. Attendees include
A Democratic newcomer backed by the cryptocurrency industry defeated a 20-year incumbent in the runoff primary for Texas's 18th Congressional District. Christopher Menefee beat Rep. Al Green in the Democratic runoff, Eleanor Terrett, host of CryptoAm
Investor sentiment toward XRP has deteriorated sharply again, but the surge in fear may itself point to a rebound. On-chain analytics platform Santiment wrote on X on May 26 that the ratio of positive to negative comments on XRP had fallen to about 1
Hyperliquid (HYPE) has launched a prediction market feature tied to off-chain events. Wu Blockchain reported on May 25 that Hyperliquid has added support for Canonical Outcome Markets. The markets are created using automated newsfeed software operate
South Gyeongsang Province has collected more than $45 million in delinquent local taxes this year after stepping up efforts to track hidden assets such as cryptocurrencies and stocks. Yonhap News reported on May 26 that the province collected 62.4 bi
A new lobbying group backed by US prediction-market platform Kalshi has hired a close ally of President Donald Trump as a strategic adviser. Cointelegraph reported on May 24 that Americans for Fair Markets, a prediction-market lobbying group, appoint
Coinbase said it isn’t concerned about Wall Street firms expanding further into the cryptocurrency market. Katie Harries, Coinbase’s head of European policy, told CoinDesk on May 24 that “a bull market helps everyone” and that she is “not at all worr
Dunamu, the operator of crypto exchange Upbit, said Monday that it will hold the Upclass Junior Quiz Competition. Upclass Junior is a youth education project under Dunamu’s financial education program, Upclass. It provides content on basic economics