Today's Crypto and Bitcoin News
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Saturday2026/06
05-25
Bitcoin Funding Rates Hit Two-Month High as Whales Move $1.4 Billion BTC Near Breakout
Bitcoin funding rates reached two-month highs as bullish traders increased leverage.Whales redistributed 18,447 Bitcoin while BTC traded within tightening price consolidation.Bitcoin faces critical resistance levels while traders anticipate potential breakout continuation.Bitcoin traders increased b...
Georgia and Tether to Launch GEL₮ Stablecoin for Faster Payments
Georgia and Tether plan a GEL₮ stablecoin launch under a digital asset framework.GEL₮ aims to support faster payments, lower transfer costs and cross-border settlements.Georgia aligned its stablecoin rules with emerging U.S. crypto regulations, including the GENIUS Act.The Government of Georgia and ...
Nasdaq Gets SEC Approval for QBTC Bitcoin Options
Nasdaq is edging into the bitcoin options market — and the move could make crypto risk management much easier and cheaper for a wider range of investors.
What happened
- The U.S. Securities and Exchange Commission granted Nasdaq PHLX conditional approval to list European-style, cash-settled bitcoin...
DeepSeek’s Strategy: Building a $10 Trillion AI Hardware Ecosystem
DeepSeek's $10 trillion grand strategyOriginal author: @bookwormengrPeggy, BlockBeatsEditor’s Note: Over the past year, discussions around DeepSeek have largely focused on model performance, open-source strategy, and price wars. But if you understand DeepSeek only through the lens of “whether it off...
Kevin Warsh Sworn In as Fed Chair; Trump’s Economic Responsibility Begins
BlockBeats report: On May 25, Kevin Warsh, personally appointed by U.S. President Trump, was officially sworn in as Chair of the Federal Reserve. Many believe Trump will now bear full political responsibility for the performance of the U.S. economy and inflation.The report states that Trump had long...
Indonesia Blocks Polymarket Over Bets on President Prabowo
The country’s Ministry of Communication and Digital Affairs described the platform as an online gambling service that violates Indonesian law. The move came shortly after Polymarket listed a market tied to Prabowo’s presidency, which generated more than $46,000 in trading volume. Polymarket Blocked ...
Squid Responds to $3.2M Security Incident: Core Protocol Unaffected, Third-Party Safe Module Exploited
BlockBeats report: On May 25, the cross-chain protocol Squid responded to the security incident, stating that the attack did not occur on Squid’s core protocol or Router contract, but rather due to a critical vulnerability in a third-party Gnosis Safe module named "SquidRouterModule," resulting in t...
B.AI and BNB Chain Launch a $100 Million AI Token Subsidy Campaign with an $8,000 Bonus Pool
The underlying economic engine of the AI Agent era: B.AI, in collaboration with BNB Chain, officially launches a $1 billion AI Token subsidy campaign, with an additional official bonus of $8,000 in combined prize pools! This initiative empowers users to experience top-tier AI services at minimal cos...
Macro Data to Influence Crypto Market This Week: PCE, Unemployment Claims, and Housing Data Key for Fed Rate Decision
BlockBeats news: On May 25, this week’s crypto market will focus on key U.S. macroeconomic data, including PCE inflation, initial jobless claims, housing prices, and new home sales, to assess whether the Fed has room to cut rates. Current market expectations and the CME FedWatch tool both indicate a...
Squid Clarifies Third-Party Module Exploit, Core Protocol Unaffected
According to an official post by Squid (@squidrouter) and monitoring by the on-chain security platform Blockaid (@blockaid_), a third-party Gnosis Safe module named "SquidRouterModule" was recently exploited on the Base and Ethereum networks, resulting in the theft of approximately 86 Gnosis Safe wa...
SpaceX IPO could make Elon Musk’s friend a multi-billionaire, sparking governance concerns
ChainCatcher report, according to Fortune magazine, Elon Musk’s close friend and founder of Valor Equity Partners, Antonio Gracias, could amass over $100 billion in wealth from SpaceX’s IPO. It is reported that Valor holds more than 500 million shares of SpaceX’s Class A stock; if SpaceX goes public...
SpaceX Faces $20 Billion Related-Party Transaction Controversy Ahead of IPO
BlockBeats news: On May 25, ahead of SpaceX's IPO, a related-party transaction controversy emerged; Antonio Gracias, a friend of Musk, through his firm Valor Equity, holds over 7.3% of SpaceX shares, valued at an estimated $90 billion to $140 billion based on the target valuation.Meanwhile, SpaceX d...
Squid Clarifies That the Security Incident Is Not Related to Its Core Protocol or Contracts
Odaily Planet Daily reports that Squid posted on X that this incident is unrelated to Squid’s core protocol or contracts; all Squid users and integrated parties remain unaffected and no action is required.Today, a third-party Gnosis Safe module on the Base and Ethereum networks was compromised, resu...
Vitalik Buterin Proposes Smaller, More Focused Ethereum Foundation
TL;DR:Buterin said the Ethereum Foundation should become smaller, more focused and less central, choosing longevity over breadth while selling less ETH.The new mandate emphasizes CROPS: censorship resistance, capture resistance, open source, privacy and security, rather than competing mainly on spee...
Squid Clarifies That the Attack Involves a Third-Party Module, Not the Core Protocol
ChainCatcher report: Cross-chain routing protocol Squid posted on X that the SquidRouterModule involved in the attack disclosed by Blockaid was not developed, deployed, or operated by Squid. It is a third-party Gnosis Safe module that chose to integrate with Squid and other protocols, and there was ...
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