Grayscale’s Hyperliquid ETF Likely to Launch This week
Crypto asset manager Grayscale could launch its exchange-traded fund tied to the Hyperliquid token in the US as soon as this week after it amended a regulatory filing for the fund, an analyst says. Bloomberg ETF analyst James Seyffart…
1,003.62 ETH recovered after 9 years – How did a whitehat security researcher do it?
An Ethereum -based initial coin offering (ICO) called HongCoin, introduced in 2016, recently made headlines after 1,003.62 ETH was recovered.
This was made possible with the assistance of Florent, a white-hat security researcher. This…
Kelp DAO Recovery Hopes Fade as Hacker Launders About $220 Million
The hacker behind the $293 million Kelp DAO exploit has laundered nearly all of the unfrozen stolen funds, or about $220 million, in just six weeks, according to Arkham data and onchain analysts.The Kelp DAO hacker-tagged wallet appears to…
Radiant to Wind Down After Failing to Recover From 2024 Hack
Crypto lending protocol Radiant Capital says it will start closing down as it failed to establish a “viable path forward” after North Korea exploited it for $50 million in October 2024.Radiant’s decentralized autonomous organization said in…
Kraken Parent Teams With Franklin Templeton to Bring Managed Funds Onchain
Key TakeawaysPayward and Franklin Templeton partnered on May 12, 2026, to build tokenized yield and equity products onchain.Kraken’s xStocks framework, with $30B+ in volume, will host Franklin Templeton actively managed strategies.BENJI…
Bit Digital Expands ETH Holdings to 158K Ether After $20M Purchase
Bit Digital purchased $20 million worth of Ether earlier this month, increasing its holdings to roughly 158,462 ETH. The Nasdaq-listed company said Thursday it acquired 8,568 ETH (ETH) on May 11 at an average price of $2,334.25 per…
Cardano Foundation Cancels Conference After Failed DAO Vote
The Cardano Foundation has canceled its 2026 annual conference after its governance community shot down a revised proposal seeking to fund the event with treasury tokens.“Governance requires not only participation, but also a commitment to…
$1.2 billion leaves Binance, Bitcoin trails stocks: Are traders seeing something?
The crypto market is suffering from a liquidity drought even as global market conditions show signs of improvement elsewhere.
The most evident signal of this drought is the $1.81 trillion in total market capitalization that has exited…
Senator Lummis Warns China Will Overtake the US in Crypto if CLARITY Bill Stalls
The United States will lose its leadership position in crypto to other countries, including China, if US lawmakers fail to pass the Digital Asset Market Clarity Act (CLARITY), a crypto market structure bill, according to Wyoming Senator…
Ethereum Metrics Strong, Price Lags
Standard Chartered says Ethereum’s network activity remains close to record levels even as Ether (ETH) trades far below last year’s highs, arguing that the gap between usage and price could eventually narrow.Ethereum’s internal metrics,…