Former U.S. Commodity Futures Trading Commission Chairman Christopher Giancarlo has joined Swiss crypto bank Sygnum as a senior policy advisor. Giancarlo, who led the CFTC from 2017 to 2019, will be advising Sygnum on global regulatory developments and strategic partnerships, the company said in a May 27 announcement. His appointment comes as institutional interest in…
The Blockchain Group, a Paris-listed decentralized technology development company, has completed a €63.3 million convertible bond issuance to add more Bitcoin to its treasury. In a May 26 announcement, the firm confirmed that the issuance was carried out through its wholly-owned Luxembourg subsidiary, The Blockchain Group Luxembourg SA. The operation will enable the company to…
JuCoin just launched its inaugural USDT fixed-income product, joining a growing roster of trading platforms that offer tiered-yield and flexible staking solutions for USDT holders. On May 26, JuCoin, a Singapore-based trading platform, officially launched its first Tether (USDT) fixed-income product with tiered APY. The offering includes six different terms—7, 15, 30, 45, 60, and…
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…
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…
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…
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…
AAVE token price has already jumped by over 132% from its lowest level in April, and a rare technical formation points to another 50% surge. AAVE (AAVE), the biggest player in decentralized finance, continued doing well this week as the total assets in its network jumped to a record high. According to its website, the…
MEW rallied as high as 31% today after securing a listing on popular crypto and stock trading platform Robinhood. According to crypto.news, cat in a dogs world (MEW) surged to a four-month high of $0.0047 on May 23 Asian time, bringing its market capitalization to over $400 million at the time of writing. MEW’s trading…
After consolidating for a week, Worldcoin is showing upside strength, with World ID adoption and technical momentum acting as catalysts. According to data from crypto.news, Worldcoin (WLD) jumped 31% to hit an intraday high of $1.63 on May 23 Asian morning time, marking a massive 180% gain from its lows last month. WLD’s rally was…
