​Circle has closed a $222M Arc token presale valued at $3 billion

Circle has closed a $222 million strategic raise for its Arc blockchain from Andreessen Horowitz, BlackRock, Apollo Funds, ICE and many other major names. Andreessen Horowitz served as the lead investor in the raise with a $75 million investment.

Arc attracted engagement from 100+ institutions across banking, capital markets, and technology, including Goldman Sachs, Visa, Mastercard, BNY Mellon, Deutsche Bank and HSBC.

Arc's public testnet has processed more than 166 million total transactions since launch, with daily average volumes of 2.3 million transactions and near-100% uptime; settling in approximately 0.5 seconds.

👉 cnbc.com/2026/05/11/circle-closes-222-million-from-blackrock-apollo-for-arc-blockchain.html

​​Treasuries & ETFs Board. Crypto Accumulation and Capital Flows

Weekly snapshot:
• BTC ETFs: +$631.6M
• ETH ETFs: +$70.3M

ETF flows stayed constructive, continuing to channel institutional demand even as direct balance sheet expansion slowed.

Latest treasury moves:
• Strategy bought 535 BTC (~$43.0M)

Corporate accumulation outside Strategy remains subdued, with last week marking a breather after aggressive Q1 and April buying.

Structure remains unchanged: Strategy still dominates treasury activity, while ETFs provide a parallel route for capital deployment.

​Ondo Brings Tokenized Stocks To Hyperliquid’s HyperEVM

Ondo tokenized stocks can now be bridged from Ethereum and BNB Chain to Hyperliquid’s HyperEVM through the Ondo Bridge powered by LayerZero.

More than 35 tokenized assets are now supported on HyperEVM, while protocols like Felix and Melt have already integrated Ondo’s tokenized stock infrastructure.

The integration allows traders to combine spot exposure in tokenized equities with perpetual futures positions. This unlocks advanced strategies including basis trading, funding arbitrage, and delta-neutral hedging directly onchain.

Ondo Global Markets has also grown into the largest tokenized securities platform, surpassing $970M in TVL and nearly $18B in trading volume.

👉 ondo.finance/blog/tokenized-stocks-bridged-to-hyperliquid

​Google Warns AI Is Being Used To Build Zero-Day MFA Bypass Exploits

Google researchers revealed that a cybercrime group used AI to discover and weaponize a zero-day vulnerability capable of bypassing multi-factor authentication protections in a widely used system administration tool.

According to Google Threat Intelligence Group, the attack was stopped before deployment after researchers alerted the software developer, allowing the flaw to be patched before hackers could exploit users.

The company said it has high confidence AI was involved in creating the exploit. While Google denied the use of Gemini or Anthropic’s Mythos model, the incident comes shortly after Anthropic warned that advanced AI systems could dramatically accelerate cyberattacks and software exploitation.

Google now expects AI to intensify the cybersecurity race in 2026, with hackers increasingly using large language models to automate vulnerability discovery, exploit development, and sophisticated intrusion techniques.

👉 cloud.google.com/blog/topics/threat-intelligence/2025-zero-day-review

​​Expected Mainnets in 2026: Projects to Watch

Multiple projects are targeting mainnet in 2026, from new L1s & L2s to prediction markets & BTC scaling. Check out our full breakdown.

​MoonPay Acquires Dawn Labs, Launches AI Trading Agent

MoonPay has acquired Dawn Labs, an applied AI and financial markets research lab, and simultaneously launched Dawn CLI, an AI-native trading tool that converts plain-English strategy descriptions into executable, autonomously running trading code.

This is MoonPay's seventh acquisition in just over a year, following Helio, Iron, Meso, Decent, Sodot, and DFlow; each adding a new layer to what the company is building.

👉 x.com/moonpay/status/2053833706461077577?s=20

​Jupiter (JUP) Launches On-chain Poker Staking Platform

Jupiter Poker is an action-selling platform that allows poker players to tokenize and sell shares of their tournament buy-ins directly to backers, with payouts settled onchain the moment results land.

For pros, the platform offers direct access to a global backer audience with listings live in minutes, replacing informal staking arrangements with transparent on-chain infrastructure.

👉 x.com/JupiterExchange/status/2053872945202683948

​Arc unveils ARC tokenomics ahead of its TGE in 2026

10B total supply. 60% to ecosystem. Mainnet launch is expected this summer. Testnet already processed 160M+ transactions with 100+ institutions including BlackRock, Visa, Goldman Sachs, and AWS.

With USDC as native gas token, ~0.5s settlement, and quantum-resistant wallet support built in from day one, Arc is shaping up as one of the most anticipated institutional launches of 2026.

👉 arc.network/arc-token-whitepaper

​Virtuals Protocol has launched EconomyOS

EconomyOS is a full-stack identity and financial suite built specifically for autonomous AI agents, giving them their own Visa card, onchain wallet, email identity, and verifiable web identity without borrowing or fragmening from existing human infrastructure.

EconomyOS is designed as the substrate every agent runs on: covering non-custodial wallets, virtual payment cards for real-world checkout, dedicated email identities, wallet-funded compute access, and optional onchain tokenization.

Virtuals, which powers 18,000+ agents, has been building toward a full autonomous agent economy where AI agents independently request services, negotiate, execute, and settle payments.

👉 x.com/virtuals_io/status/2054008696251052096?s=20

​​Mapping the Tokenized Active Strategies Sector

RWAs are evolving from simple tokenization into actively managed onchain products. Tokenized active strategies now account for over $1B in distributed value, highlighting growing demand for institutional-grade yield and portfolio management onchain.

​Tea Protocol Confirms TEA TGE for June 4 via Aerodrome

Tea Protocol confirmed the TEA launch on Aerodrome, with the TGE scheduled for June 4. The team also said CEX listings are expected to be announced in the coming weeks.

Tokenomics allocation is split across Incentives & Airdrops (28.0%), Ecosystem & Governance (21.8%), Protocol Development (18.6%), and Early Supporters & Advisors (15.6%). The remaining supply is allocated to Reserve Sale (8.0%) and Liquidity Provision (8.0%).

Tea hosted a CoinList Public Sale in late September 2025, with a $0.0005 TEA price, a 100B total supply, a 4B sale allocation (4%), and 100% unlock at TGE.

Tea positions TEA as the incentive layer for open-source software contribution, supply-chain security, and decentralized governance, with permissionless liquidity access as the stated end goal.

👉 x.com/teaprotocol/status/2054204299182330367?s=20

​Ebay Rejects Gamestop’s $56B Takeover Bid As Not Credible

eBay rejected GameStop’s unsolicited proposal to acquire the marketplace for $56 billion, saying the offer is “neither credible nor attractive.” The bid outlined a $125-per-share cash-and-stock structure, despite GameStop being far smaller by market cap than eBay.

eBay cited major concerns around financing uncertainty, operational execution risk, and the potential debt burden the deal would create. While GameStop said it has a $20 billion financing commitment and roughly $9 billion in cash, the remaining gap and conditions attached to financing were viewed as significant hurdles.

Rating agencies and analysts also pushed back, with Moody’s calling the transaction credit negative for eBay due to the leverage implied by the deal. Analysts questioned synergies, and eBay reiterated confidence in its current strategy and leadership, pointing to recent progress and ongoing capital returns.

GameStop’s Ryan Cohen said he’s willing to take the proposal directly to shareholders if eBay won’t engage, pitching cost cuts and using GameStop’s U.S. store footprint for authentication, fulfillment, and live commerce hubs.

👉 cnbc.com/2026/05/12/ebay-rejects-gamestops-takeover-ryan-cohen.html

​Bitcoin Ordinals Explorer Ord & Trading App Zap to Shut Down June 1

Ord io, one of the primary explorers for Bitcoin Ordinals and inscriptions, and Zap, its associated self-custodial memecoin trading app, are both closing on June 1. Creator Leonidas King cited running out of funding with no path forward as the reason for the shutdown.

Launched in 2023, Ordio grew into a full-featured platform with community upvotes, Satributes for tracking rare satoshis, and Block Vision for real-time Runes minting data, and has accumulated over 1 million users. Zap, built by the same team, aimed to let users buy and trade Bitcoin memecoins in under 30 seconds, a benchmark the team says it hit, but without enough traction to sustain the business.

The team plans to upload the full history of upvotes, replies, and public profiles to GitHub to preserve a record of Bitcoin culture from the platform's run. King also said the team is open to another entity taking over and continuing operations.

The closures arrive as Ordinals activity has cooled sharply from its 2023 peak, when inscriptions were generating millions of dollars in daily Bitcoin fees.

👉 theblock.co/post/400855/ord-io-shuts-down

​Binance’s CMO Rachel Conlan Joins Incrypted Conference 2026

Rachel Conlan, Global CMO at Binance, has been confirmed as an offline speaker at Incrypted Conference 2026, taking place June 13 in Kyiv, Ukraine. As head of marketing for the world's largest exchange, overseeing communications to hundreds of millions of users, her in-person appearance in Ukraine is a notable signal of the market's standing on the global Web3 map.

Binance Ukraine is joining the event as Diamond Partner, deepening the exchange's integration into the local ecosystem ahead of the conference.

Incrypted Conference 2026 is the flagship event of Ukrainian Blockchain Week 2026 and the largest crypto event in Eastern Europe, with 3,000+ attendees, 50+ speakers, 75+ companies, and 100+ media outlets expected across the day.

👉 x.com/incrypted/status/2054145946506674505?s=20

​Binance plans to delist 5 crypto assets on May 27th

Automata (ATA), Harvest Finance (FARM), Enzyme (MLN), Phoenix (PHB), and Syscoin (SYS) trading will be ceased at 3:00 UTC. Users will be able to withdraw assets till July 28th.

Prices of respective tokens were hit significantly
– Automata (ATA): -30.1%
– Syscoin (SYS): -30.1%
– Enzyme (MLN): -27.7%
– Phoenix (PHB): -24.4%
– Harvest Finance (FARM): -22.7%

👉 x.com/binance/status/2054487570411573565?s=20

​Crypto Compliance Leader Elliptic Closes $120M Series D funding

Founded in 2013, Elliptic spent over a decade building the deep proprietary dataset in the industry, spanning 65+ blockchains; a structural data advantage the company has used to build an AI-native compliance platform at enterprise scale, introduced in 2025.

Round was led by One Peak, with Nasdaq Ventures, Deutsche Bank, British Business Bank joining; existing investors AlbionVC, Evolution Equity Partners, and J.P. Morgan also participating.

The round will accelerate Elliptic's push to deliver enterprise-grade onchain compliance infrastructure for the world's largest banks, fintechs, government agencies, and crypto companies.

👉 elliptic.co/media-center/elliptic-secures-120-million-investment

​Ethereum Foundation has introduced Clear Signing

Clear Signing is an open standard that replaces opaque hex strings in transaction prompts with plain-language descriptions, making human-readable transactions the default across Ethereum wallets and signing interfaces.

The effort builds on existing clear signing work pioneered by Ledger and extends it into a unified, ecosystem-wide open standard. Contributors span the full Ethereum stack: wallets and hardware (Ledger, Trezor, MetaMask, WalletConnect, zkNox), security (Cyfrin), infrastructure (Fireblocks, Zama), and tooling (Sourcify, Argot).

👉 x.com/ethereumfndn/status/2054232916763263148?s=20

​Magic Eden Commits $75M to iGaming Venture Dicey

Magic Eden announced a $75M commitment to Dicey, its newly launched iGaming venture offering a casino and sportsbook. The capital will fund Dicey's bankroll, operations, and marketing.

Dicey's roadmap includes conventional casino and sportsbook offerings alongside proprietary innovations. The flagship feature, "Be The House," enables players to take positions on both sides of the table, taking on house risk alongside standard player positions.

👉 x.com/MagicEden/status/2054252220686762221?s=20

Osero Raises $13.5M to Scale Stablecoin Yield Infrastucture

Osero, a stablecoin savings infrastructure startup incubated by Stablewatch, raised $13.5M in a SAFT round led by Sky Ecosystem and Plasma. The project is focused on expanding adoption of USDS and sUSDS by giving users and platforms easier access to the Sky savings rate.

$10M of the raise is allocated to reserve requirements, serving as a protection buffer for users and for Sky Protocol. Each deployment must pass Sky’s internal risk framework, modeled after Basel III banking standards.

The company is building three products:
- App for direct access to savings rates
- Earn for wallets, exchanges, custodians, and neobanks to offer yield without managing DeFi strategies
- Foundry for asset managers bringing structured products and tokenized assets onchain.

👉 x.com/OseroHQ/status/2054216133692252634?s=20

21Shares Launches First Hyperliquid ETF on Nasdaq

21Shares launched Hyperliquid ETF (THYP) on Nasdaq, giving traditional investors direct exposure to HYPE through banks and brokerage accounts.

The fund is physically backed and structured as a grantor trust, meaning it holds actual HYPE tokens rather than synthetic exposure. This structure also allows part of the holdings to be staked, with staking rewards distributed to shareholders.

Custody is handled by Anchorage Digital and BitGo, while staking is supported through Figment. Around 30–70% of HYPE holdings may be staked, with the option to increase that share depending on fund conditions.

THYP recorded around $1.8M in first-day trading volume and $1.2M in net inflows. A second product, TXXH, also launched with 2x leveraged exposure to HYPE and a 1.89% fee, expanding institutional access to Hyperliquid through traditional ETF rails.

👉 x.com/21shares_us/status/2054192747741856050?s=20

​​Charms Closes $1.5M to Build AI Character Economy

Charms ai is building a platform where AI characters function less like chatbots and more like digital assets with memory, personality, ownership, and their own economies. The startup has now raised $1.5M in pre-seed funding from Lattice, JME, Base Ecosystem Fund, and Gidorah via Echo.

Instead of renting access to characters inside closed platforms, creators on Charms keep ownership while fans can participate in the character’s growth.

Fees are shared between creators, the platform, referrers, and the character itself, with part of revenue going into a treasury that helps fund its ongoing AI compute and long-term presence.

Before public launch, Charms reached 6,000 users, generated over 100,000 chats, and recorded more than $1M in market activity, showing early demand for AI-native creator economies.

👉 x.com/charmsai/status/2054224448585072796?s=20