Category: crypto

BlackRock’s Bitcoin ETF saw a significant outflow, affecting Bitcoin’s short-term price action. Other cryptocurrencies like Solana also experienced volatility due to various factors such as ETF outflows, governance concerns, and memecoin manias. The overall crypto market was influenced by macroeconomic factors, regulatory news, and derivative market activity.

Morpho has released the Midnight white paper, introducing a fixed-rate, fixed-term credit protocol for on-chain lending. The codebase is open-sourced on GitHub. Midnight aims to scale beyond volatile variable-rate markets. Morpho is now the second-largest DeFi lending protocol with $7.7 billion TVL. It allows intent-based loan matching.

Vayu CEO Erez Agmon highlights broken crypto billing as a major revenue leakage issue for scaling infrastructure firms. He emphasizes the importance of accurate billing and the need for a shift from engineering to finance in managing billing processes. Compliance regulations like MiCA are also raising the bar on auditability.

The S&P 500 reached a new all-time high near 7,400 after the US and Iran agreed to extend their ceasefire by 60 days. This news boosted risk assets, including equities and crypto. The extension allows for continued talks between the two countries on broader de-escalation.

Myriad’s prediction market has launched a trading contest for the 2026 World Cup with a $100,000 prize pool. The contest includes over 75 multi-binary markets for every match. Top traders can win up to $20,000, with weekly prizes for makers. The platform uses Chainlink oracles and 55 Tech for real-time sports data.

Chipmaker Sequans has ended its Bitcoin treasury strategy by selling most of its holdings to clear debt. The company plans to sell the remaining 658 BTC over time and focus on its core chip business. This move follows a rapid retreat from crypto as Bitcoin prices fell and chip revenue declined.

Sui blockchain experienced a network stall on May 28, causing block production to stop and the SUI token to drop 8%. This was the second major stall in five months. The core team identified and fixed the issue, pausing transactions to safeguard user funds. The network had previously faced reliability issues due to its design…

Standard Chartered compares Ethereum’s price slump to Amazon during the dot-com crash, saying the token’s value is not reflective of its fundamentals. The bank maintains a $4,000 target for 2026 and $40,000 for 2030, banking on stablecoins, tokenization, and regulatory clarity to close the gap. Critics question the bank’s crypto calls, but the analogy resonates…

VanEck’s tokenized Treasury fund VBILL is now available as onchain collateral on Euler’s lending platform. Securitize, the issuer of the fund, is working with RedStone oracles for pricing data. This move shows how DeFi is adapting for institutional assets. The integration with Euler allows VBILL to be used as collateral while maintaining compliance controls.

Paris-based chipmaker Sequans Communications has fully exited its bitcoin treasury by selling roughly 80% of its holdings to repay convertible debt. The company now plans to focus on scaling its 4G/5G IoT semiconductor, RF transceiver, and defense wireless application businesses. This move strengthens the company’s balance sheet and simplifies its capital structure.