Category: crypto

Radiant Capital is shutting down operations after being unable to recover from a $50 million exploit, leading to a lack of funding. The protocol will enter a maintenance state, allowing users to withdraw funds. Recovery efforts were complicated by the involvement of North Korea-aligned threat actors and the use of Tornado Cash to move stolen…

Grayscale’s Hyperliquid ETF is expected to begin trading this week with a 0.29% management fee and the ticker symbol HYPG. This would make it the third U.S.-listed Hyperliquid ETF, with Grayscale seeking to stake HYPE tokens for protocol rewards. Interest in Hyperliquid products is growing, with inflows approaching $140 million.

BullX has paused trading in its current app version starting June 1, 2026. This change allows the team to focus on future development and improvements for the platform. While trading is on hold, wallet functions, withdrawals, and allocations will continue to operate normally for users. This pause comes amid increased scrutiny of meme trading tools…

Federal Reserve Governor Christopher Waller believes that the increasing use of dollar-backed stablecoins could spread U.S. monetary policy influence globally. However, Bank of England policymaker Megan Greene questions whether stablecoins will remain dominant, suggesting that tokenized bank deposits may become the preferred form of digital money in the future.

Kyle Samani stated that Web3 is no longer relevant, highlighting DeFi and DePIN as the main remaining sectors in the crypto industry. Eli Ben-Sasson mentioned an identity crisis in crypto due to institutional involvement and the departure of long-time crypto figures. Recent reports show continued global interest in DeFi, DePIN, and tokenization.

The fintech industry saw record profitability in 2025, with neobanks and digital asset businesses driving growth. Fintech firms completed more acquisitions than banks, with digital assets and AI being key areas of focus. Neobanks are expanding into multiple financial services, while regulatory developments are shaping growth strategies worldwide.

Citi predicts that the tokenized securities market could reach $5.5 trillion by 2030, up from $17 billion today. This growth is driven by the move of assets onto blockchain rails, with a focus on Treasury bills and digital stocks. Stablecoins play a key role in facilitating on-chain settlement for these assets.

The European Central Bank is concerned about stablecoins approaching a $300 billion market value, warning of risks to financial stability and the dominance of the U.S. dollar. ECB officials advocate for the development of a digital euro to maintain control over the payments system and reduce reliance on foreign providers.

Gnosis Pay users were advised to withdraw funds due to an exploit related to the platform’s Zodiac delay module. Co-founder Martin Köppelmann and blockchain security firm PeckShield issued warnings. The bug allowed attackers to initiate transactions from Safes using the module. Gnosis promised to cover user losses and took measures to contain the damage.

Binance will now allow non-U.S. users to trade over 7,000 U.S. stocks and ETFs with zero commissions and fractional shares starting at $5. Users can purchase equities using USDT, USDC, BNB, and selected cryptocurrencies. Binance also plans to launch tokenized stocks called bStocks in the future to expand its offerings.