Author: James Wilson

Keith Gill’s verified X account was apparently hacked on May 11, with bad actors using the Roaring Kitty profile to launch and dump a Solana meme coin. Summary The compromised account promoted Red Kitten Crew (RKC) on Pump.fun, pushing its market cap briefly to $12 million. The developer spent $1,950 across 10 wallets to acquire 39.5% of RKC supply, then sold for approximately $611,000. Posts were deleted within an hour; over 80 wallets extracted a combined $2.86 million during the rally. Two posts appeared on Gill’s verified X account at around 21:13 UTC on May 11, ending a 16-month silence.…

Yellow Network chairman Alexis Sirkia says the CLARITY Act is the structural reset U.S. crypto has waited for. Summary Sirkia argues the bill creates the first navigable framework around classification, jurisdiction, and compliance for crypto firms. Years of regulatory uncertainty pushed builders to Dubai and Singapore, and the CLARITY Act could reverse that flow if it passes. Success, Sirkia says, means founders launching U.S. products without fear of retroactive enforcement years down the line. The CLARITY Act is moving faster than at any point in its legislative history. The Senate Banking Committee released a new 309-page draft on May 12,…

Strategy’s perpetual preferred stock STRC may be playing an increasingly important role in shaping Bitcoin’s mid-month liquidity dynamics, according to K33 Research director Vetle Lunde Summary K33 Research suggests Strategy’s STRC preferred stock structure may be contributing to recurring mid-month Bitcoin buying pressure. Strategy’s BTC holdings have reached 818,869 BTC, valued at roughly $6.57 billion, according to the report cited by The Block. Recent data shows STRC-driven Bitcoin accumulation surged to ~46,872 BTC in April but may now be slowing as demand plateaus. According to reports, STRC’s structure creates predictable capital flow behavior, with dividends paid at the end of…

Binance founder Zhao Changpeng (CZ) said he prefers investing in the underlying infrastructure powering artificial intelligence rather than AI applications themselves, framing the current boom as an “infrastructure-first” investment cycle. Summary Binance founder Zhao Changpeng says he favors investing in AI infrastructure such as data centers and energy systems over AI applications. He highlights NVIDIA’s dominance in AI chips but expects more customized compute solutions to emerge over time. His investment firm still allocates 70%–80% of capital to Web3, keeping crypto as the core focus. Speaking during a Binance online livestream, CZ described his preferred strategy as focusing on the…

A member of the European Central Bank Governing Council has indicated that the upcoming June meeting will determine whether interest rates are raised or left unchanged, underscoring growing uncertainty over the next phase of eurozone monetary policy. Summary ECB Governing Council member Kocher says the June meeting will decide between raising interest rates or keeping them unchanged. The statement reinforces uncertainty around the European Central Bank’s next policy move as inflation dynamics remain uneven. Markets are now reassessing European monetary policy expectations heading into mid-year. According to Kocher, cited in Jinshi reports, policymakers are effectively split between maintaining current restrictive…

Hyperliquid price extended its decline on Tuesday after failing to hold above a key resistance zone, raising concerns that a bearish double top pattern may now be forming on the daily chart. Summary Hyperliquid price fell toward $39 after forming a potential bearish double top pattern near the $44–$45 resistance zone. Whale positioning on Hyperliquid reached $4.236 billion, with long and short exposure remaining nearly balanced at a 0.98 ratio. A bearish MACD crossover and weakening momentum indicators raised the risk of a deeper correction toward the key $35 support level. According to data from crypto.news, Hyperliquid (HYPE) price dropped…

BNB price climbed higher this week as bulls attempted to confirm a breakout from a bullish double bottom pattern forming on the weekly chart. Summary BNB price climbed toward the $680 neckline of a bullish double bottom pattern, with a breakout potentially opening the door for a rally toward $800. Market sentiment improved amid speculation surrounding spot BNB ETF applications from Grayscale and VanEck, alongside growing institutional access through Teucrium’s XBNB ETF. Expanding Real-World Asset integrations on BNB Chain, including BlackRock’s BUIDL and Franklin Templeton’s BENJI via Securitize, strengthened the network’s long-term utility narrative. According to data from crypto.news, BNB…

Alchemy Pay has joined Mastercard’s Crypto Partner Program as the payment gateway seeks closer ties with global payment infrastructure.  Summary Alchemy Pay joined Mastercard’s Crypto Partner Program to explore fiat-crypto payment integration with global commerce. Mastercard says the program links crypto builders with card rails, compliance standards, and payment partners. Related crypto.news coverage shows Mastercard expanding stablecoin, wallet, and crypto card partnerships worldwide this year. The company said the move will support future work on on-chain payments and digital asset commerce. Alchemy Pay said it wants to pursue deeper integration through future initiatives within the Mastercard ecosystem. The company said…

Pi Network has returned to market attention after its team shared a new Know Your Customer update.  Summary PI reclaimed top-50 attention as KYC progress met weak price action and fresh supply concerns. Over 18.1 million users passed KYC, but tentative checks still keep some Mainnet migrations pending. Crypto.news data shows PI near $0.17, with weekly losses still keeping traders cautious for now. The project said more than 18.1 million users have passed native KYC checks, while over 16.7 million Pioneers have moved to Mainnet. The update gives the network a new user-growth figure at a time when PI is…

tZERO Group has partnered with Aptos Foundation to let issuers launch tokenized assets on the Aptos blockchain through tZERO’s tokenization platform. Summary tZERO has added Aptos blockchain support for issuers launching tokenized assets through its platform. Aptos said its network has crossed $1.2 billion in real world assets and is already used by firms including Franklin Templeton and BlackRock. According to tZERO Group’s announcement shared with crypto.news, the integration adds Aptos as one of the supported blockchain networks for issuers using tZERO’s infrastructure, allowing firms to deploy eligible tokenized assets on Aptos while following their own compliance and operational requirements.…