Hong Kong’s JPEX scandal becomes its largest crypto fraud case with 80 arrests, 2,700 victims, and Red Notices for masterminds. SFC faces scrutiny as new rules reshape the city’s crypto gateway.
Vitalik Buterin updated his view on AI, arguing that genuine ‘CROPS AI’ must run across diverse hardware and not be confined to centralized data centers.
Bitcoin spot ETFs saw net outflows of $193.17 million on May 27, signaling cautious institutional positioning amid macro uncertainty and profit-taking. The outflows highlight shifting sentiment after weeks of mixed flows.
Arthur Hayes explains why most tokens decline: projects pocket protocol revenue, VC dumps depress prices, and investors now demand real cash flows, not just hype.
Grayscale singles out Hyperliquid as the breakout success story, shedding light on the maturation of on-chain trading and what it means for market structure.
Adam Back argues Bitcoin’s simplicity sidesteps DeFi’s smart contract risks, AI-driven attacks, and restaking leverage problems, pointing toward cold storage and ETFs as the safer route for institutional capital.
Crypto industry PACs are abandoning bipartisanship as they back new Republican allies in Congress, reflecting a strategic shift after regulatory wins in Texas.
The GENIUS Act didn’t just regulate stablecoins. By forcing dollar-pegged stablecoins into bank-like compliance, it strengthened the dollar’s network effect and compressed Bitcoin’s monetary premium.
Block’s Cash App begins phased rollout of USDC payments, bringing stablecoin transactions to millions of users and embedding crypto deeper into mobile finance.
