Today's Crypto and Bitcoin News
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Sunday2026/06
05-25
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...
Crypto market sees $148M in liquidations over 24 hours
According to CoinGlass data, the total cryptocurrency market liquidations over the past 24 hours reached $148 million, with long positions liquidated for $67.30 million and short positions liquidated for $80.29 million.
Among these, BTC liquidations amounted to $41.68 million ($6.44 million in lon...
3 Privacy Altcoins to Watch in 2026: ROSE, SCRT, ZEN
ROSE supports confidential smart contracts and secure decentralized application development for businesses and developers.SCRT enables encrypted smart contracts while showing bullish momentum above major EMA resistance levels.ZEN combines zero-knowledge privacy technology with scalable sidechains an...
Ethereum Foundation to Sell Less ETH Amid Price Struggles
Ethereum is trading near $2,113 as market attention turned to new comments from Vitalik Buterin about the future role of the Ethereum Foundation and its ETH sales. The Ethereum Foundation is expected to become smaller, more focused, and more selective in how it uses its remaining resources, with But...
Web3 Recruitment Trends: From 20 Million Burned to a Quiet Shift Toward AI
Author: Joe Zhou, Foresight NewsI’ve been a headhunter in Web3 for four years: I’ve witnessed the most insane talent rush everI've been a headhunter in Web3 for four years.At its peak, a single Web3 company burned through over $20 million in our hiring budget in one quarter. Fresh graduates could ea...
ICON Network to Shut Down by End of 2026, Full Migration to SODAX
According to the official announcement, the ICON network will be permanently shut down on December 31, 2026, at which point on-chain transactions will cease, leaving only read-only archives available for historical reference. The final deadline for the ICX → SODA token migration is also December 31,...
Vitalik Buterin Addresses the Ethereum Foundation's Role and Criticism in a Lengthy Post
Author: Gu Yu, ChainCatcherAfter a series of negative events, including the consecutive departures of core team members and growing criticism from former key supporters, Ethereum founder Vitalik has today published a lengthy post to address the community, calm concerns, and restore confidence.In rea...
ICON Network will permanently shut down by December 31, 2026, with migration to SODAX.
Odaily Planet Daily report: According to official announcements, the ICON Network will officially cease operations and be permanently shut down on December 31, 2026, with a full transition to SODAX. After the shutdown, a read-only archive will be available for querying historical transactions. The f...
Investors Shift $1B from BTC and ETH ETFs to HYPE and XRP Funds
Investors have dumped over $1B in Bitcoin ETFs and over $215M in Ether funds last week.Capital is rotating toward new altcoins, with strong inflows into HYPE ($72M) and XRP ETF ($22M).HYPE surged 59% in 10 days, far outperforming Bitcoin’s roughly 1% gain over the same period.Institutional crypto fl...
Galxe: From Quest Platform to Web3 Growth Infrastructure
Author: 137LabsMany people first encounter Galxe and assume it’s just another typical Web3 quest platform: users complete tasks such as following Twitter, joining Discord, or interacting on-chain, and in return, receive NFTs, points, or airdrop eligibility. On the surface, this logic appears no diff...
BofA Shifts Crypto Holdings: IBIT Now 70% of Exposure, Ethereum and Solana Trimmed
Bank of America is dialing down its Ethereum exposure and doubling down on Bitcoin — a shift laid bare by the bank’s latest Q1 13F filing with the SEC.
What the filing shows
- BlackRock’s iShares Bitcoin Trust (IBIT) is now the bank’s dominant crypto holding. BofA increased its IBIT stake to roughl...
Kalshi Funds 'Americans for Fair Markets' to Advocate for CFTC Oversight
Prediction-market platform Kalshi has quietly funded a new trade group as the industry braces for intensifying pressure from casinos, sportsbooks, state regulators and lawmakers.
The coalition, Americans for Fair Markets (AFM), launched this week with Taylor Budowich — a former deputy White House c...
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