24/7 Blockchain industry dynamics and breaking crypto news
As SpaceX gears up for a landmark IPO with a $1.75 trillion valuation, investor focus is shifting from Mars colonization to its expanded narrative in AI and global connectivity post-xAI acquisition. The key question remains whether future growth can justify the current premium pricing amid massive fundraising.
Read MorePeckShield reports DxSale's legacy liquidity pools on BNB Chain were exploited via backdoor contracts, draining ~$7.3M. Funds were transferred to deposit addresses and swapped via DEX.
Read MoreJapan's Finance Minister Katayama has reaffirmed the government's commitment to implementing appropriate debt management policies. This stance underscores the focus on ensuring long-term fiscal stability and market confidence amidst current economic challenges.
Read MoreVenture capital invested $4 billion into 355 blockchain startups in Q1 2026, marking a cooldown from previous highs but remaining above 2023-2024 lows. The U.S. and crypto-focused funds led activity, with capital flowing into wallets, infrastructure, and tokenization.
Read MoreUS Treasury Secretary Scott Bessent has urged Congress to expedite the passage of the Clarity Act, emphasizing the urgent need to establish the US as the global hub for digital assets. The call aims to provide clear regulatory frameworks to foster innovation and secure American leadership in the emerging industry.
Read MoreBlockchain data reveals a significant institutional transfer of 411.48 BTC, valued at $30.3 million, into Coinbase Prime. This major deposit highlights ongoing institutional activity and potential strategic positioning within the cryptocurrency market.
Read MoreSince October 2025, Bitcoin has plummeted nearly 40% while global stocks and commodities surged. This stark divergence signals weakening correlation with traditional markets and highlights unique pressures facing the crypto sector.
Read MoreOn-chain data reveals a crypto whale borrowed 50 million USDT via a lending protocol to purchase 20,000 ETH, valued at over $40 million. This address, known for large-scale moves including a $500 million position earlier this year, has significantly increased its Ethereum holdings again, sparking market speculation.
Read MoreSpaceX has revised its IPO valuation target to at least $1.8 trillion, down from earlier reports. The company plans to launch its roadshow soon, with pricing potentially completed by mid-June. Recent financials show revenue growth but a shift to net loss in 2025.
Read MoreCoinbase has launched TRUSThub, an extension of its TRUST compliance network. This platform enables global Virtual Asset Service Providers to exchange required travel rule data peer-to-peer without centralized data storage, addressing cross-border regulatory gaps and lowering compliance barriers across multiple jurisdictions.
Read MoreOn May 29, New York gold futures surged powerfully, with the main contract price breaking through the key $4,550 per ounce level, marking a 0.41% intraday gain. This rally underscores gold's enduring appeal as a safe-haven asset amid global economic uncertainty.
Read MoreOn May 29, international crude oil prices experienced notable declines, with both WTI and Brent crude falling over 1% to $90.13 and $91.47 per barrel respectively. The drop highlights shifting market sentiment amid ongoing economic and geopolitical assessments.
Read MoreUS Treasury Secretary Besant reaffirmed the administration's strong opposition to a Central Bank Digital Currency (CBDC), characterizing it as a potential tool for financial surveillance and a step towards transactional tracking that the government will not endorse.
Read MoreIn a recent interview, Trump indicated Washington's preference for reaching a deal with Iran while asserting all options remain viable. He discussed U.S. military restraint to avoid repeating Iraq War scenarios and noted significant damage to Iran's naval and air forces.
Read MoreHuawei has launched its Galaxy AI Data Center Network solution, featuring a novel network-compute-storage synergy architecture. This enables direct NPU-storage connections, dramatically increasing data transfer bandwidth and AI token generation efficiency. The company also introduced new token-centric solutions and products for the commercial market.
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