Kraken rolls out Bitcoin vault product for holders to earn yieldWithin the first 10 hours of launch, the Kraken Earn BTC Vault raked in $30 million worth of Bitcoin deposits from 4,000 unique wallets.Crypto exchange Kraken has launched a non-custodial Bitcoin product, giving a 2.5% yearly yield, adding to the company’s yield product offerings amid a rising investor demand for crypto reward products.Kraken unveiled the product on Wednesday with the support of crypto yield infrastructure provider Veda, which said the offering seeks to remove “the headaches that come with wrapping Bitcoin, moving assets, or managing a crypto wallet.”Kraken’s offering comes as Bitcoin (BTC) holders' demand for yield products has risen, but have seen limited development as the Bitcoin blockchain does not have mechanisms for users to generate yield compared to blockchains such as Ethereum and Solana.Read more

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US charges Google employee with insider trading bets on PolymarketThe Justice Department and the CFTC allege that Google software engineer Michele Spagnuolo profited $1.2 million on Polymarket after accessing non-public information at work. US authorities have charged a Google employee with allegedly using information from the company to make bets on Polymarket and profit $1.2 million.The Justice Department said on Wednesday that it unsealed charges against Google software engineer Michele Spagnuolo, accusing him of accessing unreleased internal information at Google and placing 25 bets worth $2.7 million on markets related to the most searched individuals on Google in 2025.Prosecutors said Spagnuolo owned the Polymarket account “AlphaRaccoon”, which profited $1.2 million on “outcomes that the market treated as unlikely” when Google published information on the most searched individuals in December.Read more

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Bitcoin funding spike shows longs defending $70K: Will ETF outflows reverse bulls’ efforts?Bitcoin dropped closer to a critical support level as spot and long futures traders’ efforts to hold $75,000 failed. Is sub-$70,000 BTC next?Bitcoin’s (BTC) rising funding rate and aggregated open interest suggest bullish investors are opening longs in an attempt to defend the range lows and an important support at $70,000, but another day of spot ETF outflows has investors concerned that the institutional stance on BTC is shifting.As shown in the chart below, Bitcoin open interest remains relatively stable despite the day-over-day selling, further re-enforcing the view that long positions are either topping up to stay open or newly created. The cross-exchange funding rates (the last indicator at the bottom of the chart) are also mostly positive to neutral, indicating a long-leaning bias among investors.  Media Read more

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CFTC seeks to reverse settlement deal with GeminiThe CFTC claimed that its settled complaint filed under the Biden administration relied heavily on a whistleblower’s allegations that Gemini inflated trading activity to distort user demand.The US Commodity Futures Trading Commission has asked a federal court to vacate its $5 million settlement with crypto exchange Gemini, claiming that the agency’s enforcement action was based on flawed allegations.Gemini settled with the CFTC and paid a $5 million fine in January 2025 in the final weeks of the Biden administration after the agency accused it of making false or misleading statements related to a Bitcoin futures contract.The CFTC filed a joint motion with Gemini in a Manhattan court on Wednesday seeking to vacate the settlement, adding in a statement that it had reviewed the matter and concluded that the “complaint should not have been filed — and would not have been under current enforcement standards.”Read more

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Crypto markets shed $80B after fresh US strikes on IranThe crypto market capitalization has fallen to its lowest level since mid-April after the US carried out strikes on Iran for the second time in three days amid peace talks.Cryptocurrency markets have shed around $80 billion in value over the past 24 hours, with losses accelerating after the US reportedly carried out a new wave of military strikes on Iran.The US ​military carried out new strikes late on Wednesday targeting ‌an Iranian military site and shooting down four Iranian attack drones, which a ​US official told Reuters posed a threat around the Strait of Hormuz.“These actions were measured, ‌purely ⁠defensive, and intended to maintain the ceasefire,” the official said. Iran’s Islamic Revolutionary Guard Corps reportedly released a statement saying that it has retaliated by attacking a US airbase in Kuwait.Read more

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Crypto companies have tightened compliance, but gaps remain: ChainalysisAround 47% of crypto organizations onboarded in 2026 are operating at alerting standards that would have ranked among the industry’s strictest five years ago.Nearly half of the organizations onboarded into the crypto industry in 2026 are operating at alerting standards that would have made them industry leaders only a few years ago, according to Chainalysis.In a preview of a report published on Wednesday, Chainalysis said that the crypto industry’s compliance baseline around alert severity, trigger sensitivity and minimum dollar detection floors is tightening, with about 47% of organizations onboarded this year using alerting standards that would have placed them in the top 10% of strictness in 2020.It added that companies have become more uniform in direct monitoring, where funds arrive immediately from a known illicit source, but there is still a gap with indirect monitoring, where the funds pass through intermediary addresses.Read more

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Crypto liquidations hit $935M as Bitcoin price dips to $72.6KOver $935 million was wiped out across the crypto market as traders shifted their focus to $70,000 as the last line of defense for Bitcoin.Bitcoin (BTC) sold off into the early Asian Trading session on Thursday as the drop to $72,600 produced significant liquidation of leveraged positions across the crypto market.Key takeaways:The BTC/USD pair fell as low as $72,620 on Thursday, reversing all gains made since April 13 after the US reportedly carried out a new wave of military strikes on Iran. Read more

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BIS Project Agorá shows tokenized payments can settle in secondsThe Bank for International Settlements' collaboration with seven central banks and more than 40 institutions concludes a two-year project with a prototype settling wholesale payments in seconds.The Bank for International Settlements (BIS) released a report Wednesday on Project Agorá, an experimental prototype for cross-border wholesale payment.The BIS said the report shows how seven central banks and more than 40 regulated financial institutions can settle cross-border wholesale payments in seconds once liquidity is locked, while reducing credit and settlement risk through atomic settlement using tokenized central bank reserves and commercial bank deposits.The initiative marks one of the broadest collaborations yet between central banks and private lenders, exploring how tokenization could modernize global payments infrastructure.Read more

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Polymarket exec says KYC limited to beta product, not existing platformPolymarket executive Josh Stevens said identity checks apply only to early beta access and are not being added to Polymarket’s existing platform.Polymarket’s vice president of engineering, Josh Stevens, clarified that the prediction market platform is not adding mandatory Know Your Customer (KYC) checks to its existing service, after a report said the company had considered user verification requirements.Stevens said in an X response that Polymarket is launching a new beta product for a select group of users and that KYC is required only to access the beta during its early test period. “No KYC is being added to any part of existing polymarket.com with this launch,” Stevens wrote. He said that once the product is out of beta, no KYC will be required to use it. He later addressed questions about whether KYC could be added later, saying “no” and clarifying that he was “just highlighting” that identity checks are tied to early access for a new beta product rather than a broader move away from pseudonymous trading on Polymarket’s main prediction market.Read more

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Mystery Bitcoin burn destroys 107 BTC worth about $8.5MAn unknown entity burned $8.5 million worth of Bitcoin after 12 years of holding, rendering the BTC unspendable, despite its price increasing by 12,700%.An unknown entity burned 107 Bitcoin, worth about $8.5 million at the time, effectively removing them from spendable circulation and sparking numerous theories after holding the funds for over 12 years.On Monday, five Bitcoin (BTC) addresses sent a total of 107 BTC to the old burn address starting "11111," rendering them provably unspendable, according to onchain data shared by Galaxy Research in a Wednesday X post.The transfer brought the total amount of Bitcoin sent to the burn address to 807 BTC, worth about $59 million at press time, according to blockchain data platform Arkham. Read more

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BlackRock Bitcoin ETF sees near-record outflows as BTC dips below $75KUS spot Bitcoin ETFs have turned negative year-to-date with $596 million in outflows as IBIT posted near-record withdrawals and Bitcoin fell below $75,000.BlackRock’s spot Bitcoin exchange-traded fund (ETF) posted its second-largest daily outflow on record as US Bitcoin funds extended an eight-day redemption streak during a sharp pullback in the cryptocurrency to below $75,000.BlackRock’s iShares Bitcoin Trust (IBIT) saw $527.8 million in net outflows on Wednesday, helping push total withdrawals from US spot Bitcoin ETFs to $733.4 million for the day, according to data from Farside Investors.The outflows marked IBIT’s second-largest daily loss since launch, slightly below the fund’s record $528.3 million outflow on Jan. 30, 2026.Read more

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Ethereum under $2K: ETH whales sell as retail remains bullishETH's price has entered a decisive breakdown stage of its prevailing technical pattern, indicating further declines toward $1,750 despite strong retail sentiment.Ethereum's native token, Ether (ETH), slipped below $2,000 for the first time since March, but retail traders have not reacted with panic yet.Key takeaways:As of Thursday, "buy the dip" calls on social media were surging after ETH lost the key psychological support level, according to data resource Santiment. Read more

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Samsung units take $408M stake in Upbit operator Dunamu: ReportSamsung Securities, SDS and Card will buy 4% of Dunamu as Korean firms prepare for tokenized securities and stablecoin frameworks.Samsung Securities, Samsung SDS and Samsung Card will acquire a combined 4% stake in Dunamu, the operator of South Korean crypto exchange Upbit, in a deal that expands Samsung affiliates’ exposure to the country’s digital asset market, local media reported.The three Samsung affiliates held board meetings on Thursday and approved the purchase of 1.39 million Dunamu shares held by Kakao affiliates for 612.8 billion won ($408 million), according to local reports from Yonhap News Agency and ZDNet Korea. Samsung Securities will acquire a 2% stake, while Samsung SDS and Samsung Card will each acquire 1%. The investment extends Samsung’s digital asset push weeks after Samsung SDS reportedly won a contract to build South Korea’s blockchain-based securities platform, placing Samsung affiliates across both regulated tokenized securities infrastructure and private-sector crypto exchange and payment rails. Read more

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Aave Labs’ Push gains UK FCA crypto registrationAave Labs’ Push received FCA approval for “certain cryptoasset activities” in the UK, supporting its plans for regulated stablecoin on- and off-ramping.Aave Labs' UK subsidiaries, Push Labs Ltd. and Push Virtual Assets Ltd., known together as Push, received Financial Conduct Authority (FCA) cryptoasset registration as cryptoasset exchange providers under the UK’s current Anti-Money Laundering regime.The registration was obtained for “certain cryptoasset activities” and supports the decentralized finance (DeFi) company's plans to build regulated stablecoin on- and off-ramping infrastructure in the country, Aave said Thursday.Aave Labs’ Push describes itself as a “simple way to move between Euros and stablecoins,” according to its homepage. The FCA’s online registry shows that the London-headquartered firm has been registered with the regulator since May 12.Read more

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XRP drops to 16-week lows: Can price fall below $1? XRP breaks key support at $1.30 as bearish technical setups and weak investor sentiment point to a deeper correction toward $0.63.XRP (XRP) price dropped to $1.26 on Thursday, its lowest in over 16 weeks. A bearish technical setup suggested that the pressure may extend into June. Media XRP/USD daily chart. Source: Cointelegraph/TradingView
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Bitcoin bids farewell to CME futures gaps with $67K still on the radarBitcoin approached the final week of CME futures gaps with several still open, providing potential BTC price targets as low as $67,000.Bitcoin (BTC) has created its last classic price magnet as a staple chart feature disappears forever.Key points:
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StanChart says Ethereum price will catch up to bullish internal metricsStandard Chartered reaffirms bullish Ether price targets, citing strong network fundamentals even as ETH trades 57% below its 2025 peak and fund flows turn negative.Standard Chartered says Ethereum’s network activity remains close to record levels even as Ether (ETH) trades far below last year’s highs, arguing that the gap between usage and price could eventually narrow.Ethereum’s internal metrics, including transaction counts and total value locked in ETH terms, remain close to record levels, according to a Thursday report from Standard Chartered’s digital assets research team. ETH has fallen about 57% from its August 2025 peak of above $4,800 to under $2,000 at the time of writing, according to Coingecko data.StanChart's global head of digital assets research, Geoff Kendrick, reaffirmed its price targets of $4,000 by the end of 2026 and $40,000 by 2030, implying a return of the ETH/BTC ratio to its 2021 highs around 0.08. Read more

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ERC-7943 author says institutions can’t play DeFi’s ‘pirate game’RWA standard ERC-7943 reaches final stage as Ethereum builders rethink how institutional finance move onchain.For years, crypto has thrived on speculative capital flows and the explosive popularity of decentralized finance (DeFi) tokens and applications.That still holds true for rising sectors such as perpetual decentralized exchanges and prediction markets. But as Wall Street pushes deeper into tokenized real-world assets (RWAs), not all of the industry’s existing systems cater to the kinds of financial products institutions want to bring onchain.An author of the newly finalized ERC-7943 (uRWA) token standard said that the fragmented infrastructure powering much of DeFi wasn’t designed for regulated financial assets, which often require identity frameworks and interoperability standards.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, Standard Chartered reaffirmed its bullish Ether price targets, citing strong network fundamentals even as ETH trades 57% below its 2025 peak, the US CFTC has sought to vacate its settlement with Gemini, and crypto PAC-backed candidates won big in Texas, with more election funding planned.Standard Chartered says Ethereum’s network activity remains close to record levels even as Ether (ETH) trades far below last year’s highs, arguing that the gap between usage and price could eventually narrow.Ethereum’s internal metrics, including transaction counts and total value locked in ETH terms, remain close to record levels, according to a Thursday report from Standard Chartered’s digital assets research team. ETH has fallen about 57% from its August 2025 peak of above $4,800 to under $2,000 at the time of writing, according to Coingecko data.Read more

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Argentina bill targets crypto payments to illegal gambling sitesArgentina’s proposed online gambling bill would restrict banks, payment firms and crypto providers from serving unauthorized betting platforms.Argentina’s government is moving to restrict banks, payment firms and crypto providers from serving unauthorized online gambling platforms as part of a broader crackdown on digital betting.The government presented a Bill for the Prevention of Gambling and Regulation of Online Gambling to Congress, according to an official notice from the Ministry of Health published on Tuesday.The bill seeks to address gambling addiction by tightening rules on payments, advertising and access to betting platforms.Read more

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P2P.org launches real-time data stream for Sui and HyperliquidP2P.org, a blockchain infrastructure provider operating validators across 40+ proof-of-stake networks since 2018, today launched Syncro Data Stream, a real-time blockchain data stream for Sui and Hyperliquid.May 28, 2026 - P2P.org, a blockchain infrastructure provider operating validators across 40+ proof-of-stake networks since 2018, today launched Syncro Data Stream, a real-time blockchain data stream for Sui and Hyperliquid. The product delivers on-chain transaction and order flow data directly from P2P.org's active validator nodes, at the point of origin rather than through public endpoints, checkpoints, or shared RPC infrastructure. The data stream for Sui and Hyperliquid is available now at $2,000 per month each, with a one-week free trial for new clients.Syncro Data Stream is part of Syncro, P2P.org's crypto trading infrastructure product line. Syncro launched earlier this year with Syncro Sender, a Solana transaction landing service already in production with leading trading teams. Syncro Data Stream for Sui and Syncro Data Stream for Hyperliquid are the second and third products in the line.For trading teams and market makers operating on Sui and Hyperliquid, on-chain data latency directly affects trading performance. Public APIs and shared RPC endpoints deliver transaction data only after it has propagated through the network. On chains with sub-second finality, that gap is the window in which opportunities open and close, quotes go stale, and positions shift.Read more

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