Chainlink oracle ‘malfunction’ sparks $500k in DeFi liquidations, reignites reliability debate
A Chainlink price feed’s alleged malfunction led to more than $500,000 in liquidations on May 29, sparking fresh debate over the reliability of oracles in DeFi. According to reports, Chainlink’s…
Bitcoin loses steam as Trump suggests China trade deal collapse
Donald Trump said on Truth Social that China has “totally violated” its trade deal, ending what he called a phase of “stabilization” for Beijing. The post, published at 8:09 A.M.…
Liquidium debuts cross-chain lending to unlock over $4 billion idle Bitcoin in DeFi
Bitcoin-native lending platform Liquidium has unveiled a new cross-chain product that enables users to lend and borrow assets across Bitcoin, Ethereum, and Solana networks, according to a statement shared with…
SEC removes key hurdle for Ethereum ETFs by exempting staking from securities rules
The US Securities and Exchange Commission (SEC) has issued new guidance clarifying that common forms of crypto staking do not fall under securities laws. On May 29, the SEC’s Division…
Tether vows Bitcoin mining dominance as Pakistan, UK politicians look to advance Bitcoin reserves
Vegas glitters differently when thirty thousand badge-wearing bitcoiners clog the marble concourses of the Venetian, screens flashing a frothy $105-to-106k tape for BTC, and every espresso line buzzing with “hash-rate”…
Base briefly nears 1,000 TPS, making it speed competitive with Solana
Coinbase’s layer-2 blockchain Base briefly saw the number of transactions it processed per second near 1,000, bringing it closer to the performance of layer-1 blockchain Solana. On May 29, Base…
Banco Santander eyeing crypto expansion with fiat-backed stablecoin
Banco Santander is exploring the development of a fiat-backed stablecoin and expanding its crypto offerings to retail clients, marking a potential new chapter in the bank’s digital asset strategy. According…
Bitcoin low volatility fuels BlackRock’s IBIT 31-day inflow run and $72B asset surge
BlackRock’s iShares Bitcoin Trust (IBIT) has attracted consistent capital for over a month, signaling sustained institutional interest in the top crypto. According to data from SoSoValue, IBIT has recorded 31…
Solana rally capped by SOL token unlock and memecoin decline
Key takeaways: Solana’s native token, SOL (SOL), dropped 10% following a sharp rejection at the $185 level on May 23. The current $167 mark is the lowest in over a…
Champions League finalist PSG confirms Bitcoin treasury, looks for Web3 builders
Paris Saint-Germain announced on May 29 that the club holds Bitcoin (BTC) on its balance sheet and plans to expand PSG Labs to support companies building on the network. During…