Regulation
UK sanctions HTX over support of Russia in broad sweep over crypto exchanges
The United Kingdom sanctioned a large crypto exchange, accusing it of "supporting the government of Russia."
Latest
Market
Strategy taps cash reserve to retire $1.5 billion in convertible debt
Strategy has announced it will use its cash reserves to retire $1.5 billion in convertible debt, marking a significant debt reduction move for the cryptocurrency-focused company. The firm confirmed the decision to tap into its existing cash holdings rather than allow the convertible bonds to mature or convert into
Security
StablR freezes USDR and EURR after attacker mints $13.5 million in unbacked tokens
StablR has frozen trading and transfers for its USDR and EURR stablecoins following a security breach that allowed an attacker to mint $13.5 million worth of unbacked tokens. The exploit occurred on May 26, enabling the malicious actor to create new tokens without the corresponding reserve assets that typically
Exchange
Robinhood clears final regulatory approval for $180M WonderFi deal ahead of expected June 1 close
Canada's CIRO approved Robinhood's acquisition of WonderFi, clearing the final regulatory hurdle ahead of an expected June 1 close.
Market
Global crypto ETP outflows deepen to $1.5B as bitcoin products post worst weekly redemptions of 2026: CoinShares
Crypto ETP outflows extended to $1.47B last week as bitcoin posted its worst weekly redemption of 2026 with risk-off spreading globally.
Macro
At $322 billion, the stablecoin market value exceeds the FX reserves of 95 nations
The global stablecoin market has reached a milestone valuation of $322 billion, now exceeding the foreign exchange reserves of 95 countries worldwide, according to recent market data. This figure represents the combined market capitalization of all stablecoins currently in circulation, marking a significant expansion in the digital asset sector'
Technology
OKX’s X Layer launches Exchange OS, allowing users to create custom crypto markets
Exchange OS moves core exchange functions, such as matching, margining, liquidation, and settlement, to the protocol layer.
Security
Kelp DAO says rsETH restored 5 weeks after $293M protocol hack
Kelp DAO says that sETH mints, redemptions and rewards operations have been running smoothly since it opened withdrawals for the token earlier this month.
Exchange
Nathan Allman, founder and CEO of Ondo Finance, dies unexpectedly
Ian De Bode, president of Ondo Finance, will assume the role of CEO, the company said in a statement on Monday.
Security
‘We don’t know who deployed this’: Squid distances itself from $3.2 million third-party module exploit
Squid said its core protocol was unaffected after a third-party module named SquidRouterModule was exploited for roughly $3.2 million.
Regulation
Indonesia blocks Polymarket after bets on president’s exit
Indonesia blocked Polymarket after users bet on President Prabowo Subianto leaving office early, citing gambling concerns and expanding global scrutiny of prediction markets.
Regulation
Tether plans GELT stablecoin launch with support from Georgian government
GELT is designed to support cross-border commerce under a Georgian framework aligned with emerging U.S. stablecoin regulations.