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Cointelegraph.com - 10:45 May 27, 2026
South Korean prosecutors reportedly charged a group over the CATFI memecoin rug pull, marking the country’s first DEX rug-pull case under crypto law. South Korean prosecutors charged a group in an alleged rug pull involving the Solana-based memecoin Catpie, or CATFI, in what local media described as the country’s first decentralized exchange (DEX) rug-pull prosecution. The group was reportedly apprehended by the Seoul Southern District Prosecutors’ Office’s Virtual Asset Crime Joint Investigation Division. The main suspect, surnamed Park, allegedly posed as “Eth Father” on social media platforms and falsely promoted CATFI as an independent third-party before executing a rug pull that caused about 900 million won ($599,000) in financial damage to at least 256 investors, local news outlet Digital Asset Works said Wednesday. Prosecutors allege the group promoted CATFI on social media, drove the token’s price up more than 1,000-fold within 26 hours and then sold their holdings for about 400 million won ($260,000)... -
Cointelegraph.com - 07:03 May 27, 2026
“Ethereum got the ETH price it deserves, and I don’t see ETH being rerated as an asset, higher or lower,” says David Hoffman. David Hoffman, an Ethereum advocate and the co-founder of the media company Bankless, said he sold the remainder of his Ether (ETH) holdings last week because the “ETH is Money” thesis has largely “played out.” Hoffman said in an X post on Tuesday that “Ethereum got the ETH price it deserves, and I don’t see ETH being rerated as an asset, higher or lower.” Hoffman said that Ethereum “has done incredibly well, and deserves the market cap that it has,” but the “window of opportunity for ETH to be ‘rerated’ by the market seems to be closing.” Read more -
Cointelegraph.com - 07:00 May 27, 2026
While Falcon’s new fUSD is built for institutional trading and collateral workflows, SoFiUSD targets consumer banking users through SoFi’s app. Falcon Finance has launched a dollar-backed stablecoin, fUSD, through Anchorage Digital Bank’s federally regulated issuance platform, according to a Wednesday announcement. The companies said the stablecoin is backed by short-dated US Treasurys, cash and Treasury-backed repurchase agreements. Read more -
Cointelegraph.com - 06:27 May 27, 2026
Bitmine and Galaxy Digital may also be eligible for the Russell 1000, an index tracking the largest 1,000 US companies that includes Nvidia, Microsoft and Apple. A range of crypto companies appears in a preliminary list for the Russell 3000 index, including treasury firms Sharplink and Forward Industries, along with crypto exchange Gemini and crypto services firm Galaxy Digital. A preliminary index list for the Russell 3000 was published by the index’s provider, FTSE Russell, on Friday. The index tracks the 3,000 largest companies in the US and requires a market capitalization of at least $146.4 million. Sharplink has a market cap of $1.2 billion, and the company’s CEO, Joseph Chalom, said in a statement on Tuesday that it means the firm could make the Russell 2000, an index that tracks the largest 2,000 publicly traded US companies. Read more -
Cointelegraph.com - 05:54 May 27, 2026
Galaxy Digital’s Alex Thorn says a $1.3 billion sale of BlackRock’s Bitcoin ETF was the largest he has seen on a dark pool, or private trading platform. An unknown trader’s $1.3 billion sale of shares in BlackRock’s Bitcoin exchange-traded fund on Tuesday coincided with a steep fall in the price of Bitcoin, according to analysts. A trader sold 29.2 million shares of BlackRock’s iShares Bitcoin Trust ETF (IBIT) at 2:30 p.m. UTC on a “dark pool,” a private trading platform that institutions often use to discreetly make large trades outside of public markets. The impact of the $1.3 billion trade was immediately felt in the crypto market, with TradingView data showing that Bitcoin (BTC) fell 1.5% from $77,875 to $76,720 in a short 10-minute window after 2:30 p.m. UTC. Read more -
Cointelegraph.com - 23:57 May 26, 2026
Bitcoin’s rangebound trading carries on as bears defend $77,000 and bulls hold out near $74,000. Bitcoin’s (BTC) consolidation continued into a fourth week, with the price finding support at $74,000 and resistance in the $78,000 to $80,000 range. According to Hyblock analysts, the intra-day rally to $78,164 hit a pocket where “longs that had previously opened up (that are in a position) were underwater and likely exited here at breakeven.” BTC/USDT net positions heatmap. Source: Hyblock Read more -
Cointelegraph.com - 23:01 May 26, 2026
HYPE reached new highs above $65 following record ETF inflows, futures participation and trading volumes at Hyperliquid exchange. Is $100 next? Hyperliquid’s native token HYPE continues to rally, possibly targeting $100 as its next all-time high, as inflows to its exchange-traded funds highlight investor demand. Inflows into the HYPE ETFs reached $89 million over the past nine days, which is equivalent to nearly $9.2 million in daily buying pressure. The combined assets under management (AUM) across Bitwise’s BHYP and 21Shares’s THYP climbed to $89 million within days of launch, giving HYPE one of the fastest ETF accumulation curves among crypto investment products. Read more -
Cointelegraph.com - 22:21 May 26, 2026
After Massachusetts Senator Elizabeth Warren's claimed that the Comptroller may have violated US banking laws by approving crypto companies’ charters, The Digital Chamber urged the regulator to defend the applications. Update (May 26 at 9:30 pm UTC): This article has been updated to include statements from The Digital Chamber. The Digital Chamber, a cryptocurrency advocacy group that has been closely involved in negotiations with US lawmakers over digital asset-related legislation, questioned three-term Massachusetts Senator Elizabeth Warren’s understanding of banking laws as applied to crypto companies. In a Tuesday letter to the US Comptroller of the Currency (OCC) Jonathan Gould, Digital Chamber CEO Cody Carbone challenged many of the claims in the Massachusetts lawmaker’s May 18 letter. In that letter, Warren said that the OCC may have violated the National Bank Act by approving national trust charters for nine crypto companies “that intend to engage in activities that appear to go far beyond the narrow s... -
Cointelegraph.com - 22:07 May 26, 2026
Wall Street’s semiconductor-driven surge is fueling fresh momentum for crypto miners betting their power-heavy infrastructure can support the AI boom. Several Bitcoin mining stocks rallied Tuesday, reflecting a broader equity surge driven by optimism around artificial intelligence productivity gains as more miners pivot toward AI and high-performance computing workloads. In addition to TeraWulf (WULF), which rallied by as much as 17% on news of a Kentucky data center acquisition site, Hut 8 (HUT), IREN (IREN) and Riot Platforms (RIOT) closed more than 5% higher on the day. The rally underscores growing investor enthusiasm for Bitcoin miners that are repurposing parts of their energy infrastructure and data center capacity to support AI and high-performance computing applications — businesses viewed as potentially more stable and lucrative than crypto mining alone. Read more -
Cointelegraph.com - 18:41 May 26, 2026
Formerly Huobi Global, the exchange is the latest entity to be named as part of a crackdown on companies “exploited by Russia to circumvent UK sanctions.” The UK government has added cryptocurrency exchange HTX to its list of sanctioned entities over its support of Russia. On Tuesday, UK authorities said that there were “reasonable grounds to suspect” HTX, formerly Huobi Global, has been supporting Russia’s government through financial services and funds facilitated by the A7 Limited Liability Company and Garantex, other sanctioned entities. The crypto exchange, headquartered in Panama, was the latest to be named as part of a crackdown on entities “exploited by Russia to circumvent UK sanctions.” “If the Kremlin thinks it can evade our sanctions by hiding behind crypto networks and shadow financial systems, it is gravely mistaken,” said UK Foreign Secretary Yvette Cooper. Read more -
Cointelegraph.com - 18:01 May 26, 2026
WULF shares surged on Tuesday after the Bitcoin miner announced its latest move to expand into AI and HPC through a multi-phase buildout through 2030. Bitcoin miner TeraWulf has acquired a large data center development site in the US state of Kentucky, adding significant capacity to its artificial intelligence and high-performance computing (HPC) business as miners continue diversifying beyond Bitcoin. TeraWulf said Tuesday the site could eventually support more than 1 gigawatt of AI and HPC capacity. The company expects the first 500 megawatts to come online in 2028, with another 500 megawatts targeted by 2030. The site includes planned grid infrastructure and long-term power agreements, underscoring TeraWulf’s ongoing shift toward AI and HPC hosting alongside its traditional Bitcoin mining operations. Read more -
Cointelegraph.com - 17:02 May 26, 2026
Spain joined a growing list of national authorities restricting or banning prediction market platforms amid concerns over unlicensed gambling activities. Spain’s gambling regulator blocked local users from Polymarket and Kalshi “as a precautionary measure” as authorities there address allegations the prediction markets platforms were in violation of gambling laws. On Tuesday, Spain’s Directorate General for the Regulation of Gambling (DGOJ) said the country’s Ministry of Social Rights, Consumption, and Agenda 2030 had opened legal proceedings against the two companies, as they appeared to be operating without necessary licensing. The DGOJ issued an order blocking Spanish users from Kalshi and Polymarket until the proceedings were resolved, expected in three to four months. “The DGOJ wishes to remind the public that, in Spain — in line with other European jurisdictions — prediction markets are deemed to constitute games of chance when bets are placed on uncertain future outcomes,” according to a Tuesday notic... -
Cointelegraph.com - 16:57 May 26, 2026
Bitcoin failed to copy US stocks' upside after a spike to $78,000 became one of a series of liquidity grabs. Bitcoin (BTC) saw flash volatility around Tuesday’s Wall Street open as US-Iran nerves rocked risk assets. Key points: Read more -
Cointelegraph.com - 16:42 May 26, 2026
NEAR is mirroring a 2023–2024 fractal that preceded a 250% rally, hinting at similar upside in 2026 as privacy coin demand grows. Near Protocol's native token, NEAR, has the potential to grow 20x by 2027, according to Arthur Hayes, co-founder of the crypto derivatives exchange BitMEX. Key takeaways: Speaking on The Rollup podcast, Hayes said NEAR’s bullish case rests on NEAR Intents, a feature that lets AI agents move assets privately across blockchains without dealing with bridges, multiple wallets or fragmented liquidity. Read more -
Cointelegraph.com - 15:25 May 26, 2026
Financial Times testing found safety controls on open AI models from Meta and Google could be stripped in minutes, raising governance concerns. Safety protections on open-source artificial intelligence models from major technology groups can be removed in minutes using publicly available tools, allowing systems to produce responses on topics including bioweapons, malware and other prohibited content, according to Financial Times testing with AI safety group Alice. The findings released Monday add to concerns that safeguards embedded by developers may not persist once model weights are released and modified, raising questions over where responsibility for AI safety should sit. The investigation, conducted using tools available on public code repositories, found that guardrails on models developed by companies including Meta and Google could be removed in under 10 minutes without specialist hardware. Read more -
Cointelegraph.com - 15:11 May 26, 2026
Strategy reduced aggregate convertible notes outstanding to $6.7 billion after repurchasing 2029 notes for $1.38 billion in cash. Michael Saylor's Strategy, the largest corporate Bitcoin holder, has repurchased $1.5 billion of its 0% convertible senior notes due in 2029 for $1.38 billion at an 8% discount to par, in a move that significantly cuts future debt obligations. The purchase reduces Strategy’s outstanding debt through convertible notes from $8.2 billion to $6.7 billion for 2029, the company announced on Tuesday. The notes were repurchased using the company's cash reserves. Strategy also reported an additional $15.5 billion in aggregate notional amount of outstanding preferred stock and a USD reserve of $871 million. Read more -
Cointelegraph.com - 15:00 May 26, 2026
Grvt will work with Plume to launch tokenized fixed-income and structured credit products tied to institutional-grade real world assets and onchain yield strategies. Decentralized perpetual futures exchange Grvt will work with Plume to launch three tokenized real-world asset (RWA) yield products, offering users access to fixed-income and structured credit strategies through self-custodial wallets. According to Tuesday's announcement, the products will be integrated directly into Grvt’s platform and include exposure tied to tokenized institutional-grade assets, including the $2.2 billion in assets iShares AAA CLO Active ETF. The integration adds three investment products, the Base Yield Fund, Balanced Fund and Opportunistic Fund, to Grvt’s trading platform, allowing users to access tokenized yield strategies from the same self-custodial balance they already use for trading, without transferring assets across separate wallets, brokerage accounts or custody providers. Read more -
Cointelegraph.com - 14:50 May 26, 2026
Bernstein Research data shows the RWA market at $51 billion, with tokenized private credit leading and Figure leading RWA platforms with $18 billion in tokenized assets. The tokenized real-world asset (RWA) market has grown to $51 billion, up 42% this year, as private credit becomes the largest segment of the market, according to a Bernstein Research report seen by Cointelegraph. Private credit accounted for roughly 44% of total RWA value, Bernstein said, reflecting growing use of blockchain-based infrastructure for lending and fund structures. The $51 billion valuation sits well above other industry estimates, such as RWA.xyz’s $34 billion figure, highlighting how different analytics providers count tokenized assets. Read more -
Cointelegraph.com - 14:03 May 26, 2026
Bitcoin cup-and-handle chart breakout targets $220,000, but BTC price must first hold the $74,000 support area. Bitcoin (BTC) is up roughly 30% from its Feb. 6 low below $60,000 as a multi-year bullish chart pattern suggests BTC price could rise to as high as $220,000 in the coming months. Key takeaways: Bitcoin price has formed a cup-and-handle (C&H) pattern on the weekly chart, suggesting that a massive upward move is still in the cards for BTC. Read more -
Cointelegraph.com - 14:00 May 26, 2026
Everstake said staking made up 60% of disclosed revenue among six Ethereum treasury firms, while loss-making companies posted $1.41 billion in losses. Ethereum treasury companies are under pressure to generate revenue from staking and other yield strategies as spot crypto exchange-traded funds (ETFs) weaken the appeal of public companies that simply hold Ether (ETH), according to a new Everstake report. Staking accounted for an average of 60% of reported revenue among six ETH treasury firms that separately disclosed staking-related income, the staking infrastructure provider said. Everstake reviewed 15 publicly listed companies with ETH treasury strategies and found that the firms in its sample that reported 2025 losses posted about $1.41 billion in combined net losses. Separately, BitMine Immersion Technologies reported a $9.02 billion net loss for the six months ended Feb. 28, though the figure was driven largely by unrealized losses on digital assets rather than operating losses, according to the report. R...
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