Today's Crypto and Bitcoin News
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Sunday2026/06
05-25
Ethereum Foundation to Focus on CROPS, Reduce ETH Sales
Ethereum co-founder Vitalik Buterin said the Ethereum Foundation will choose "longevity over breadth," reduce ETH sales and narrow its focus to CROPS: censorship resistance, capture resistance, openness, privacy and security.In a lengthy post on X, Buterin detailed that the Ethereum Foundation holds...
New York Lawsuit Targets 39,069 Dormant Bitcoin Wallets Under Escheat Law
A New York civil action filed on May 1 seeks a court ruling that ownership of 39,069 dormant Bitcoin addresses rests with the plaintiffs—Noah Doe and two Wyoming-based limited liability companies, ABC Company and XYZ Company. The suit claims the coins tied to these addresses constitute abandoned pro...
ICON Network to Shut Down by End of 2026, Migrate to SODAX
According to an official announcement from SODAX, the ICON Network, which has been operational for nearly nine years, will cease operations on December 31, 2026. Chain functionality will be shut down, with only historical query capabilities retained. The deadline for migrating ICX to SODA is the sam...
Whale nemorino.eth Buys 7,908.3 ETH for $16.71M After a $2.14M Loss
Odaily Planet Daily reports, according to Yujin monitoring, the whale nemorino.eth purchased 7,908.3 ETH for $16.71 million one hour ago at a price of $2,113. The whale previously sold all ETH at $2,124 two days ago, incurring a loss of $2.14 million. Today, the whale first bought 5,535.6 ETH using ...
Indonesia Blocks Polymarket Over Political Betting Concerns
Indonesia has reportedly blocked access to Polymarket, the blockchain-based prediction market platform, as part of a broader crackdown on online gambling tied to political betting activity.The Indonesian government moved to restrict the platform in an effort to eradicate online gambling, according t...
Whale nemorino.eth buys 7,908.3 ETH at an average price of $2,113
ChainCatcher report: According to on-chain analyst Ember (@EmberCN), the whale nemorino.eth purchased 7,908.3 ETH at an average price of $2,113, totaling $16.71 million in USDC. The transaction was executed as follows: first, using $11.71 million of their own USDC to buy 5,535.6 ETH, then depositing...
Whale nemorino.eth Re-Enters the ETH Market with Leverage After Selloff
PANews, May 25: According to Yujin, the on-chain address nemorino.eth made another large purchase of approximately 7,908 ETH one hour ago, deploying around $16.71 million USDT at an average buy price of about $2,113. Previously, three days ago, it sold off 8,424 ETH at approximately $2,124 each, inc...
Anthropic Co-Founder Warns AI Could Cause Mass Unemployment, Calls for Global Support
ME AI message: On Monday local time at the Vatican, Chris Olah, co-founder and head of research at Anthropic, stated that job displacement caused by large-scale AI is “a real possibility,” and that society must provide support for workers displaced by automation. He emphasized that AI decisions “sho...
Indonesia Bans Polymarket Over Gambling Concerns
Indonesia, the world’s fourth most populous nation and Southeast Asia’s largest economy, has moved to block Polymarket, the popular blockchain-based predictions platform, over concerns tied to online gambling, Reuters reported on Monday.The ban came days after the site hosted a wager on whether Indo...
YZi Labs Launches Recruitment Platform YZi Talent with Web3, AI, and Biotech Positions
On May 25, PANews reported that YZi Labs has launched its talent platform, YZi Talent, to centrally connect candidates with open positions across its portfolio companies in Web3, AI, and biotechnology. The initial job postings include Principal Backend Engineer, Staff Frontend Engineer, and AI Opera...
Analyst Maps Ethereum Price Path as ETH Faces Key Test
Analyst Crypto Patel identifies the $2,000–$1,400 range as Ethereum’s key long-term demand zone.Ethereum remains below MA50 and MA200, signaling continued bearish pressure despite consolidation attempts.Vitalik Buterin said the Ethereum Foundation will narrow focus toward privacy, security, and cens...
ETH Drops Below $2150 as Whale Opens $100M Short Position on Hyperliquid
CoinDesk reports:Ethereum recently declined to around $2,110, showing significantly weaker performance compared to Bitcoin. Market attention is focused on two key factors: first, approximately $100 million in ETH short positions have appeared on-chain, and second, continuous outflows from U.S. spot ...
France Sees Surge in Crypto-Related Kidnappings, Raising KYC Security Concerns
CoinDesk reports:France has recently seen a series of kidnappings and home invasions targeting cryptocurrency holders and their families, bringing offline personal safety concerns back into the industry’s spotlight. As these incidents increase, the question of whether centralized storage of KYC data...
Foreign Media: AI Can Manage Bitcoin Operations but Struggles with Consensus Layer
CoinDesk reports:Foreign media suggest that as agent-based AI systems rapidly increase corporate computing costs, the market is beginning to discuss a more radical question: if AI can independently and sustainably operate complex systems, could it take over some functions of the Bitcoin network? The...
Inertia Exploit Highlights Persistent ERC4626 Vulnerabilities in DeFi Lending
DeFi lending protocol Inertia says a recent exploit that drained roughly $152,000 across multiple lending markets stemmed from a long-known ERC4626 vulnerability class that still bypassed key oracle and risk-management protections.In a detailed post-mortem published on 25 May, the protocol said atta...
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