South Korea charges CATFI memecoin operators in first DEX rug-pull case: ReportSouth Korean prosecutors reportedly charged a group over the CATFI memecoin rug pull, marking the country’s first DEX rug-pull case under crypto law.South Korean prosecutors charged a group in an alleged rug pull involving the Solana-based memecoin Catpie, or CATFI, in what local media described as the country’s first decentralized exchange (DEX) rug-pull prosecution.The group was reportedly apprehended by the Seoul Southern District Prosecutors’ Office’s Virtual Asset Crime Joint Investigation Division. The main suspect, surnamed Park, allegedly posed as “Eth Father” on social media platforms and falsely promoted CATFI as an independent third-party before executing a rug pull that caused about 900 million won ($599,000) in financial damage to at least 256 investors, local news outlet Digital Asset Works said Wednesday.Prosecutors allege the group promoted CATFI on social media, drove the token’s price up more than 1,000-fold within 26 hours and then sold their holdings for about 400 million won ($260,000) in illegal profit.Read more

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Bitcoin analysis eyes sharp rebound after BTC collapses below M2 supply 'fair value'Bitcoin remained trapped "massively below" its "fair" level, as dictated by global liquidity trends and gold ratio, the latest BTC price analysis says.Bitcoin (BTC) is “completely mispriced” to the downside in 2026 compared to global liquidity, new analysis argues.Key points:
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Spot HYPE ETFs absorb 1% of market cap in first 10 trading days: KairosSpot HYPE ETFs absorbed 1.04% of Hyperliquid’s market cap in 10 trading days, beating Bitcoin and Ether ETF debuts.Spot Hyperliquid exchange-traded funds absorbed 1.04% of HYPE’s market capitalization in their first 10 trading days, giving them the strongest crypto ETF debut by one market-cap-adjusted demand metric, according to Kairos Research.Kairos compared cumulative net flows into new spot crypto ETF issuers against the market capitalization of each underlying asset at launch. By this metric, HYPE ETFs outpaced spot Bitcoin, Ether and Solana ETF debuts, which absorbed 0.59%, 0.41% and 0.31% of their respective market capitalizations.Bloomberg ETF analyst Eric Balchunas said the 21Shares Hyperliquid ETF (THYP) had risen 50% since launching two weeks earlier. Balchunas compared the pace with Roundhill’s DRAM ETF, which he said took five weeks to gain 50%, and BlackRock’s spot Bitcoin ETF, IBIT, which he said took two months.Read more

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ETHConf brings Ethereum’s leaders, institutions, and policymakers to New York City on June 8–10ETHConf, produced by ETHGlobal, will bring more than 5,000 attendees, 150+ speakers, and 100+ companies to the Javits Center in New York City from June 8-10, 2026 for three days focused on the future of Ethereum and institutional finance.New York, May 27, 2026 – ETHConf, produced by ETHGlobal, will bring more than 5,000 attendees, 150+ speakers, and 100+ companies to the Javits Center in New York City from June 8-10, 2026 for three days focused on the future of Ethereum and institutional finance.The event convenes protocol founders, institutional investors, policymakers, developers, and infrastructure leaders shaping the next era of digital assets. Programming will cover stablecoins, tokenized treasuries, institutional adoption, digital asset policy, Layer 2 infrastructure, onchain identity, and the evolution of Ethereum as financial infrastructure.ETHConf follows New York Tech Week and anchors a broader week of Ethereum ecosystem events across New York City, bringing together founders, developers, investors, institutions, and policymakers from around the world. The week concludes with the ETHGlobal New York Hackathon on June 12-14, where builders will prototype the next generation of onchain applications.Read more

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Three key XRP metrics suggest ‘explosive price expansion’ is nextFalling MVRV ratio, high XRP Ledger activity and a bullish wedge pattern signal a potential XRP price rise toward $3.10.XRP (XRP) is down roughly 64% from its July 2025 multi-year high, but several onchain and technical indicators suggested the altcoin was due for a “strong price rebound.”Key takeaways:XRP’s market value realized value (MVRV) ratio, or the market cap divided by the realized cap, has dropped to levels that have historically aligned with accumulation zones and market bottoms.Read more

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Crypto-backed candidates win key Texas primary runoffsCrypto PACs threw serious money behind a handful of Texas runoffs, helping oust a senior Democrat and boost Republican hopefuls as lawmakers hammer out new US crypto rules.Crypto-backed political groups supported several winning candidates in Texas primary runoffs Tuesday, highlighting the digital asset industry’s growing role in US elections as Congress debates new rules for crypto markets.Attorney General Ken Paxton won the Republican US Senate runoff against four-term Senator John Cornyn by a wide margin, according to Texas primary runoff results, and will face Democratic state Representative James Talarico in November. In Houston’s 18th Congressional District, Democrat Christian Menefee unseated fellow Democrat representative Al Green in a decisive win after Republican-led redistricting forced the two incumbents into the same district, ousting one of the state’s most senior House members. Read more

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China’s top court to study rules for crypto and AI casesChina’s Supreme People’s Court plans to study adjudication rules for crypto and AI cases while the country’s crypto ban remains in force.China’s Supreme People’s Court (SPC) said it will study new adjudication rules for virtual currency and cross-border finance cases as part of a broader push to clarify how courts handle digital economy disputes.“We will conduct in-depth research on the adjudication rules for new cases such as virtual currencies and cross-border finance, formulate judicial interpretations on civil compensation involving insider trading and market manipulation as soon as possible,” said Liu Guixiang, Judicial Committee member of the SPC, during a press conference, reported Chinese news outlet Yicai on Wednesday.The court also plans to study judicial protection rules for artificial intelligence cases and data property rights, including disputes involving data ownership, data transactions and AI-generated content.Read more

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There are tens of thousands of altcoins in the world, but critics argue that only a small handful serve a useful purpose.

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Aeternum brings the second edition of Unchained Summit to Vietnam on May 28-29Aeternum, organisers of the Unchained Summit series, will host the second edition of Unchained Summit Vietnam this week on May 28 and 29 at the Furama Resort in Da Nang.Da Nang, Vietnam, May 27, 2026 - Aeternum, organisers of the Unchained Summit series, will host the second edition of Unchained Summit Vietnam this week on May 28 and 29 at the Furama Resort in Da Nang. The event is co-hosted by the Da Nang Innovation Start Support Center (DISSC), with institutional participation from the Da Nang People’s Committee, the State Securities Commission of Vietnam, and the Da Nang Department of Science and Technology.The summit brings together founders, investors, exchanges, infrastructure providers, enterprise leaders, and policymakers from across the Asia-Pacific region and beyond. Its second edition arrives as Vietnam’s digital asset sector moves from early-stage experimentation to active policy development; a shift reflected in the depth of government engagement the event has attracted.Day 1 opens with remarks from Mr. Nguyen Viet Toan, Director of the Da Nang Innovation Startup Support Center, setting the stage for two days of discussions around digital assets, blockchain infrastructure, and emerging technologies in Vietnam. The programme then moves into a keynote from Mr. To Tran Hoa of the State Securities Commission of Vietnam on the country’s regulatory direction for digital assets. David Rogers, CEO Asia-Pacific at B2C2, examines what recent market events mean for the region, and a fireside chat with Hoang Viet Anh, CEO of LPBank Securities, and Mr. Vo Duc Anh, Deputy Director of the Da Nang Innovation Startup Support Center, covers Vietnam’s Digital Asset Future. The afternoon moves through institutional digital asset markets with Tether, Anchorage Digital, and BNY Investments.Read more

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Sold in May and went away? Bitcoin risks another 10% drop as month turns redBitcoin is on track to end May in the red, a historically bearish signal that could point to deeper losses ahead if the post-May track record is any guide.Bitcoin (BTC) may be flashing a “sell in May and go away” warning, with the price down roughly 10% after rejecting resistance near $83,000 and now on track for a negative monthly close.BTC/USD daily price chart. Source: TradingView
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Bitcoin price shrugs off $1.3B BlackRock ETF block saleBitcoin’s price stayed firm despite a massive $1.3 billion block sale executed by a mysterious BlackRock ETF holder, which analysts called a sign of large-scale institutional de-risking.A roughly $1.3 billion block trade in BlackRock’s iShares Bitcoin Trust (IBIT) tested liquidity in the largest spot Bitcoin exchange-traded fund (ETF) as Bitcoin products faced a fresh stretch of outflows.Bloomberg’s ETF analyst, Eric Balchunas, confirmed the transaction, adding that the market “absorbed it well” as IBIT’s price remained largely unchanged, he wrote in a Tuesday X post.Bitcoin's (BTC) price fell 2% during the past 24 hours, but managed to remain above the $75,600 level at the time of writing, despite the significant block sale from the mysterious ETF holder, data from TradingView shows.Read more

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Banca Sella gets MiCA clearance for crypto services in ItalyThe bank plans to launch digital asset custody, transfer and receipt services in 2026 for selected customer categories.Italian bank Banca Sella announced that it has completed its notification process with the Bank of Italy under the European Union’s Markets in Crypto-Assets (MiCA) regulation, allowing it to offer crypto-asset services.On Wednesday, the bank said it is the first bank in Italy authorized to offer crypto-asset services, adding that the approval will allow it to launch a solution focused on the custody, transfer and receipt of digital assets in 2026, aimed at “selected categories” of customers.Banca Sella is the commercial bank of Sella Group. According to Sella Group, it has almost 300 branches and more than 2,400 employees.Read more

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HTX denies UK sanctions allegations as new data flags $7.6B Russia-linked flowsUK sanctions Huobi Global S.A., operator of HTX, over alleged role in Russia’s “A7” shadow network, as new analysis claims the exchange handled billions in high‑risk flows.Sanctioned crypto exchange HTX is pushing back against the United Kingdom’s decision to blacklist Huobi Global S.A., the Panamanian company behind the platform, over allegations it helped Russia move money through a shadow “A7” network.In its latest Russia sanctions package on May 26, the UK accused Huobi Global of providing financial services and economic resources to entities already under restrictions for supporting Moscow’s war economy.The government said it was targeting “crypto and illicit finance networks” exploited by Russia, including the Kremlin-backed A7 “shadow” system that helps channel funds into the country’s war economy.Read more

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StakeDAO exploit creates 5.4 trillion vsdCRV but nets only $91KPeckShield said the attacker bridged 43.7 ETH to Ethereum after minting trillions of vsdCRV, while EmberCN said most of the remaining tokens had insufficient liquidity to sell.An attacker minted more than 5.4 trillion vsdCRV on Arbitrum after a suspected compromise of a StakeDAO-linked deployer key, though thin liquidity limited the realized proceeds to about $91,000.Blockchain security firm PeckShield said Wednesday the attacker swapped part of the minted vsdCRV for 43.7 Ether (ETH), worth about $91,000, and bridged the funds to Ethereum. Onchain analyst EmberCN said the attacker swapped about 16.83 million vsdCRV, while the remaining tokens had little meaningful liquidity to exit.EmberCN estimated the 5.4 trillion vsdCRV at about $763 billion on paper, though the figure does not represent the attacker’s realized profit or the protocol’s confirmed loss.Read more

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Here’s what happened in crypto todayNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.Today in crypto, Banca Sella gets MiCA clearance for crypto services in Italy, President Donald Trump backed the CFTC in its jurisdiction battle over prediction markets, and Bitcoin mining stocks rallied on Tuesday as more miners pivot to AI.Italian bank Banca Sella announced that it has completed its notification process with the Bank of Italy under the European Union’s Markets in Crypto-Assets (MiCA) regulation, allowing it to offer crypto-asset services.On Wednesday, the bank said it is the first bank in Italy authorized to offer crypto-asset services, adding that the approval will allow it to launch a solution focused on the custody, transfer and receipt of digital assets in 2026, aimed at “selected categories” of customers.Read more

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Falcon Finance, SoFi unveil stablecoin products tied to banking infrastructureWhile Falcon’s new fUSD is built for institutional trading and collateral workflows, SoFiUSD targets consumer banking users through SoFi’s app.Falcon Finance has launched a dollar-backed stablecoin, fUSD, through Anchorage Digital Bank’s federally regulated issuance platform, according to a Wednesday announcement. The companies said the stablecoin is backed by short-dated US Treasurys, cash and Treasury-backed repurchase agreements.Read more

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BTC Prague 2026: Europe’s leading Bitcoin conference expands its cultural reachBTC Prague, Europe’s premier Bitcoin conference, returns to the PVA Expo Prague on June 11-13, 2026.Prague, Czech Republic, May 18, 2026 - BTC Prague, Europe’s premier Bitcoin conference, returns to the PVA Expo Prague on June 11-13, 2026. Entering its fourth edition, BTC Prague welcomes 8,500 attendees, uniting entrepreneurs, developers, investors, educators, and newcomers in the industry. This year, BTC Prague adds its new Bitcoin Living Masterclass track, a dedicated stage for talks on health, biohacking, financial sovereignty, AI, parenting, and more, from renowned experts in their fields on top of its best-in-class Bitcoin program.Without abandoning its Bitcoin-only philosophy, BTC Prague now broadens its appeal, including a wider range of topics very much in vogue among the Bitcoin community. The result is a three-day program of keynotes, panels, debates, and networking across four different stages surrounded by Europe’s largest Bitcoin expo.BTC Prague is a meeting point for those building Bitcoin’s future. More than a conference, it’s a festival for everyone. From the newly curious to die-hard advocates, the event’s setup is meant to unite the vastly different ideological, technical, and business enclaves that exist in Bitcoin. A BTC Prague ticket ensures people can interact with experiences and content made for and by the Bitcoin community.Read more

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Bitcoin price threatens $75K loss as US-Iran peace progress sparks new stocks recordsBitcoin disappointed bulls by dropping below $75,000 on Iran peace deal reports while US stocks hit new all-time highs and oil saw one-month lows on Hormuz hopes.Bitcoin (BTC) fell back below $75,000 at Wednesday’s Wall Street open as relief over a US-Iran peace deal bypassed crypto.Key points:
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Prediction markets enter the derivatives era: XBIT DEX opens whitelist for prediction leverage, launching a 35,000 USDC campaignXBIT DEX takes the lead in introducing leverage to on-chain prediction markets, prioritizing the 2026 FIFA World Cup for its initial category. The whitelist application is now live.XBIT DEX takes the lead in introducing leverage to on-chain prediction markets, prioritizing the 2026 FIFA World Cup for its initial category. The whitelist application is now live.May 27, 2026 - On-chain prediction markets are undergoing explosive growth. In March 2026, monthly trading volume surpassed $25 billion, a more than 20-fold increase compared to the same period last year. Polymarket has become the official prediction market partner for X, and Coinbase has launched prediction contracts across all 50 US states. However, while users and capital are flooding in, product architecture has yet to keep pace.Currently, mainstream prediction market platforms still predominantly rely on a spot logic of full-amount purchasing and waiting for settlement. Users lack tools to add positions, hedge, or flexibly adjust risk exposure through leverage. The crypto market went through a similar phase until the emergence of perpetual contracts in 2016, which led to derivatives trading volume completely overtaking spot volume in less than four years.Read more

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Mastercard secures New York BitLicense for crypto operationsThe payments giant can now legally conduct digital asset business activity in New York as it deepens its focus on blockchain-based settlement systems.Mastercard’s US transaction services unit has received a BitLicense from the New York State Department of Financial Services (NYDFS), allowing the payments giant to conduct regulated digital asset business activity in the state.The company announced the license approval on Wednesday, but did not unveil any new consumer-facing crypto products. Instead, Mastercard said it plans to continue developing payment and settlement infrastructure tied to digital assets, focusing specifically on stablecoins and tokenized deposits.New York’s BitLicense is widely regarded as one of the strictest state-level crypto regulatory frameworks in the United States. Companies offering certain crypto-related financial services to New York residents are generally required to obtain the license.Read more

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Price predictions 5/27: BTC, ETH, BNB, XRP, SOL, DOGE, HYPE, ZEC, ADA, XMRBitcoin briefly lost the $75,000 level after net flows into spot BTC ETFs turned negative. Do technical charts point to a BTC and altcoin recovery?Key points:Bitcoin (BTC) fell below $75,000 on Wednesday, indicating that the bears are slowly taking charge of the crypto market. Institutional investors seem to be on a selling spree, with BTC exchange-traded funds recording net outflows of $1.88 billion since May 15, per Farside Investors' data. Glassnode said in a post on X that persistent net outflows from BTC ETFs on nearly every trading day since May 7 add “to the supply side without a visible demand offset.”BTC’s weakness has sent it tumbling below its long-term valuation average, according to Bitwise. The asset management firm said in a recent report that in the past, only 36% of BTC’s market-value-to-realized-value (MVRV) readings were lower than the current level of 1.42. In comparison, roughly 99% of historical Nasdaq-100 price-to-book ratios were below their present levels, signaling the widest valuation gap on record between BTC and US tech stocks.Read more

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