ZORA rallied as high as 44% on May 26 following buzz around a new token launched by ex-Coinbase CTO Balaji Srinivasan. ZORA (ZORA) climbed to an intraday high of $0.0135 on May 26, lifting its market cap beyond $38 million, as trading volume surged 256% to top $48 million in 24 hours. Momentum picked up…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. “GM, GM. You’re “Just a Crypto Bro”, right?” someone shouted across the hall at Paris Blockchain Week. He’d seen one of my podcast episodes and added with a grin: “Thanks for interviewing…
HYPE rallied to an intraday high of $39.6 on May 26, continuing a strong uptrend that began back on April 4 when it had bottomed out at just $9. Hyperliquid (HYPE) was trading at $38.3 at press time, up by 315% from its April low and pushing its market capitalization to $12.85 billion. The rally…
Despite progress on Capitol Hill, Tether says the U.S. remains a low priority amid unclear stablecoin rules. Stablecoin issuer Tether (USDT) says its main focus will remain outside the United States, even as U.S. lawmakers make progress on new rules for stablecoins. Paolo Ardoino, CEO of Tether, told Bloomberg in an interview that it was…
Attackers exploited a critical overflow flaw in Cetus Protocol’s automated market maker logic, which led to $223 million in user losses, according to a post-mortem by Dedaub. “This incident represents one of the most significant DeFi exploits in recent history, caused by a subtle but critical flaw in “overflow” protection,” blockchain security firm Dedaub said…
Islamabad plans to allocate Bitcoin mining and AI centers with 2,000 MW of surplus electricity as part of the country’s broader strategy to attract tech investment. Pakistan is preparing to allocate 2,000 megawatts of electricity to Bitcoin (BTC) mining and AI data centers as part of the first phase of a national digital infrastructure plan,…
Swedish health technology company H100 Group AB has secured $2.2 million in funding led by Blockstream CEO Adam Back to expand its Bitcoin treasury holdings. According to a May 25 announcement, the Stockholm-headquartered firm raised 21 million Swedish krona (approximately $2.2 million) through 0% interest convertible loans. The funds will be used to purchase Bitcoin…
Bitcoin rose 1.4% in the past day to trade at $109,637 on May 26 early Asian hours, as easing trade tensions between the U.S. and European Union lifted market sentiment. The modest recovery comes after a volatile week in which Bitcoin (BTC) briefly reached an all-time high of $111,814 on May 22 before falling to…
Ethereum has seen a significant surge in recent weeks, rising more than 40% in the last month and reclaiming the $2,500 mark after a drop toward $1,800. But despite the bullish momentum, there are signs that the rally may be hitting a wall. The $2,800 level is emerging as a critical zone of resistance, and…
As broader crypto markets struggle to regain momentum, a handful of digital assets stand out amid the turbulence. Bitcoin (BTC), which surged to a record high of nearly $112,000 last week, dropped to $107,000, while the market cap of all coins tracked by CoinGecko dropped to $3.49 trillion. Pi Network (PI), Cetus Protocol (CET), and…
