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Wednesday2026/0603
05-20

Maritime data firm Quartermaster closes $43M Series A round

CoinDesk reports:Maritime activities are dispersed and cover vast areas, making it difficult for governments, shipping companies, and insurance institutions to promptly monitor sea conditions. According to TechCrunch, U.S. startup Quartermaster is aiming to address this issue with a system of onboar...

GameStop Increases eBay Stake to 6.55% Amid Rejected $5.6 Billion Takeover Bid

Huo Xing Cai Jing reports that on May 20, GameStop (GME.N) increased its stake in eBay from approximately 5% to 6.55%. On May 12, eBay rejected GameStop’s proposed acquisition offer of around $56 billion, citing that it was “neither credible nor attractive.” Previously, on May 4, GameStop had proact...

LayerZero Releases KelpDAO Security Incident Report, Announces Adjustments to Its Security Strategy

ChainCatcher report: LayerZero Labs has released a report on the KelpDAO attack, confirming that the KelpDAO rsETH cross-chain bridge, built on its cross-chain communication protocol, was compromised, resulting in the theft of approximately 116,500 rsETH (around $292 million). Multiple security firm...

LayerZero Releases KelpDAO Attack Report, Attributing Incident to North Korean Hackers

Odaily Planet Daily reports that LayerZero Labs released its latest incident report stating that on April 18, 2026, the KelpDAO rsETH cross-chain bridge, built on its cross-chain communication protocol, was compromised, resulting in the theft of approximately 116,500 rsETH (around $292 million). Mul...

Pharos Network and KUN Kun Partner to Advance RealFi and Cross-Border Payments

Recently in Hong Kong, Pharos Network, a Layer 1 infrastructure built for RealFi, and Kun KUN, a trusted industry expert in digital payments, announced the formal signing of a Memorandum of Understanding (MoU). The two parties will deeply integrate Pharos’s institutional-grade blockchain backbone wi...

Singapore Revokes Bsquared's Crypto Licence Over Governance Failures

Singapore’s central bank, MAS, has revoked Bsquared Technology Pte Ltd’s Major Payment Institution Licence, removing the firm’s authority to provide digital payment token services under Singapore’s Payments Services Act 2019. The suspension follows an on-site inspection that uncovered weaknesses in ...

Bitcoin Rises Above $77,400 as Oil Prices Fall and Market Sentiment Improves

CoinDesk reports:Market sentiment showed clear recovery overnight. Previously, rising interest rates had pressured risk assets, but as international oil prices declined, crypto assets and U.S. stock futures simultaneously strengthened. Bitcoin reclaimed $77,400, Ethereum returned to around $2,130, a...

XRP ETF sees 100% surge in the U.S., but 105-day consolidation hinders breakout

CoinDesk reports:As of May 20, daily inflows into the U.S. spot XRP ETF nearly doubled, rising from $730,400 to $1.48 million. According to data from SoSoValue, this localized price surge was entirely driven by the XRPZ fund under Franklin Templeton. All other issuers, including market leaders Bitwi...

Ripple's RLUSD market cap exceeds $1.65 billion

CoinDesk reports:RLUSD is rapidly gaining adoptionRipples drive demandThe circulating supply of Ripple's stablecoin RLUSD has just reached a significant milestone, surpassing levels from late April, as its adoption continues to grow.According to CoinMarketCap data, as of Wednesday, May 20, the marke...

LayerZero Releases Report on rsETH Attack, Rebuilds Affected Infrastructure

BlockBeats report: On May 20, LayerZero released a report on the rsETH attack. On April 18, the KelpDAO rsETH bridge, built on the LayerZero cross-chain messaging protocol, was compromised, resulting in the theft of approximately 116,500 rsETH (valued at around $292 million). Multiple security firms...

Bitcoin Price Analysis: On-Chain Metric Indicates BTC Is Coiling for a Big Move

Bitcoin is trading at $77.5k as the third week of May draws to a close. The market is recovering quietly from the $75k–$76k support zone after last week’s failed breakout attempt above $80k.The structure has absorbed the pullback without breaking, the ascending channel floor continues to rise, and t...

GameStop Increases eBay Stake to 6.55% Amid Rejected $56 Billion Takeover Bid

BlockBeats news, on May 20, GameStop (GME.N) increased its stake in eBay from approximately 5% to 6.55%.On May 12, eBay rejected GameStop's approximately $56 billion acquisition offer, citing that it was "neither credible nor attractive."On May 4, GameStop voluntarily proposed acquiring U.S. online ...

LayerZero Releases KelpDAO Security Incident Report, Announces Strategy Adjustments

LayerZero Labs has released a report on the KelpDAO attack, confirming that the KelpDAO rsETH cross-chain bridge built on its cross-chain communication protocol was compromised, resulting in the theft of approximately 116,500 rsETH (around $292 million). Multiple security firms, including Mandiant a...

XRP Stabilizes Near $1.36 as Ripple Ranks 16th on CNBC Disruptor 50

XRP consolidates near $1.36 as buyers lack momentum for a sustained breakout.Derivatives open interest drops to $2.93B, signaling cooling speculative activity.Ripple ranks 16th on CNBC Disruptor 50, boosting long-term XRP institutional appeal.XRP traded in a narrow range on Wednesday as traders weig...

Clarity Act Advances in US Senate, Could Reshape Bitcoin Derivatives Regulation

CME Group, the world’s largest derivatives exchange by open interest, published a market analysis in which Jim Iuorio, analyst at JI Financial, examined Bitcoin’s persistent correlation with the Nasdaq and the regulatory implications of the Digital Asset Market Clarity Act, a bill whose Senate traje...

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