Crypto

The largest attack was the $225 million exploit of the Cetus Protocol.

ETH bounces 1.7% off intraday lows as buyers reclaim control, with surging volume hinting at a bullish trend shift above critical support.

The trader suffered a nine-figure loss despite bitcoin remaining fairly flat in terms of price action.

In Q1 2025, Sui continued expanding across DeFi, gaming, and infrastructure despite a broader market downturn. Average daily DEX volume reached a new high of $304.3 million, led by Cetus and Suilend, while activity across lending, stablecoins, and cross-chain swaps reinforced overall network usage. In consumer and gaming, new titles, the release of the SuiPlay0X1 design, and broader integration of Sui infrastructure signaled growing adoption beyond financial applications. Walrus launched on mainnet with $140 million in funding, bringing decentralized storage to production and driving a wave of new integrations. Institutional interest accelerated with Grayscale’s addition of SUI, Libre’s tokenized fund access, and Canary Capital’s U.S. ETF filing. Core infrastructure expanded with support from Phantom, Binance, RedStone, and Wallet in Telegram, while new RFPs, accelerator cohorts, and hackathons strengthened developer engagement. In the near future, Sui plans to expand its partnerships and technical integratio...

Circle has increased its IPO target to $896 million amid rising investor interest, growing stablecoin adoption and a more favorable US regulatory environment. Update (June 2 at 2:42 pm UTC): This article has been updated to include a statement from Circle. Major stablecoin issuer Circle has increased its initial public offering (IPO) target to $896 million. According to a June 2 filing to the US Securities and Exchange Commission (SEC), Circle now plans to offer up to 32 million shares at an IPO price range of $27 to $28 per share, an increase from the previous offering of 24 million shares priced between $24 and $26. Read more

The company Monday morning announced the closing of its $450 million capital raise with which it intends to but ETH for its treasury.

Security experts slam Elon Musk’s XChat claim, saying Bitcoin doesn’t use encryption and his wording is technically wrong.

Bitcoin was created for a moment like this. But so far it is missing its mark, says Paul Brody, head of blockchain at EY.

Solana meme coin creators have earned almost $3 million in total, with some communities using the funds in creative ways.

Market momentum has been growing for BNB, with the BNB Smart Chain ecosystem showing significant growth.

Crypto index funds and ETFs can help you earn passive income by diversifying your holdings and minimizing active trading. Crypto index funds and ETFs provide diversified exposure to digital assets, helping investors earn passive income without actively managing portfolios. Centralized and decentralized options exist, with ETFs available on stock exchanges and DeFi-native index tokens accessible via Web3 wallets. Income sources include asset appreciation, staking, DeFi yields and covered call strategies, depending on the fund’s structure — though not all funds support all these sources. Read more

Polygon’s NFT growth in 2025 is fueled by real-world asset marketplace Courtyard, which now rivals DraftKings in all-time sales. Polygon-based non-fungible tokens (NFTs) have surpassed the $2 billion milestone in all-time sales volume, marking a significant achievement for digital collectibles on the network.  The milestone comes amid consistent growth in monthly sales over the last several months, highlighting interest and adoption within Polygon’s NFT ecosystem. CryptoSlam data shows that since November 2024, monthly sales in Polygon have been on an upward trend.  The sales volume started from $16.3 million in November 2024 and increased each month, reaching nearly $20 million in December, $25 million in January 2025 and $37 million in February.  Read more

Cardano (ADA) declined 5.9% and Aptos (APT) fell 5.6%, leading index lower.

SHIB is already down by over 11% in the past week, will there be more price declines?

Bitcoin recently tapped into the $111K zone, sweeping buy-side liquidity before showing signs of rejection. As the market pauses after a strong rally, technical and on-chain indicators suggest a potential pullback or consolidation phase, with traders now eyeing key levels for the next move. Technical Analysis By ShayanMarkets The Daily Chart BTC experienced a notable […]

[PRESS RELEASE – Panama City, Republic of Panama, June 2nd, 2025] Diamonds have represented wealth, luxury, and long-lasting value for years. But while they have held great appeal, the fact is that the majority of diamond investments were not easily accessible to a common person. High costs of entry, unclear pricing methods, along with the […]

The company now owns 580,955 BTC.

Michael Saylor’s Strategy continued stacking Bitcoin in the last week of May, buying $75.1 million worth of BTC. Michael Saylor’s Strategy, the world’s largest corporate holder of Bitcoin, revealed its latest BTC purchases after the price briefly dropped to $103,000 last week. Strategy acquired 705 Bitcoin for $75.1 million between May 26 and 30, the company announced on June 2. The latest purchases were made at an average price of $106,495 per coin, with Bitcoin dropping from $110,000 last Monday to an intraweek low of $103,400 by the weekend. Read more

Swan Chain is uniquely positioned at the intersection of decentralized blockchain technology and AI infrastructure, providing a robust platform for comprehensive AI development. Strategic partnerships have validated its decentralized computing model, effectively reducing AI deployment costs and increasing resource efficiency. The collaboration with Nebula Block, securing over 100,000 GPU compute hours through Swan’s AI compute marketplace, exemplifies the platform's ability to deliver substantial cost savings. Through Mission 3.0, Swan Chain advanced community engagement, enabling richer, analytics-driven interactions. With ongoing infrastructure expansions, such as the CDN layer, Swan Chain is well-positioned to maintain its momentum in decentralized AI innovation, addressing emerging needs with agility and strategic foresight.

25 projects raised $109M last week, led by Conduit ($36M), Beam ($7M), and Donut ($7M), while Blockchain Builders and Metalayer each launched early-stage funds focused on the intersection of crypto and AI, and on financial infrastructure. Rob Hadick spotlighted stablecoins’ B2B adoption surge, Wei Dai introduced a design constraint framework for onchain privacy, and Simon Kim cautioned against frothy NAV premiums in crypto treasury stocks. Here’s your breakdown of the week’s top deals and insights.