Key Takeaways PCT Litigation Trust filed a 94-page suit against Swan Bitcoin on May 15, 2026, seeking $970 million in clawbacks. The complaint alleges a Prime Trust executive tipped off Swan CEO Cory Klippsten via encrypted chat on May 22, 2023, weeks before the collapse. Swan has not filed a formal response as of May…
Key Takeaways Goldman Sachs exited XRP and solana ETFs, cutting ether exposure by 70% in Q1. Goldman kept $700M in bitcoin ETFs while boosting Coinbase and Circle investments. Wall Street firms are rotating toward bitcoin and crypto infrastructure amid volatility. Goldman Sachs Reshapes Crypto Portfolio as Institutional Focus Shifts to Bitcoin Goldman Sachs significantly reshaped…
Key Takeaways Bitcoin ETFs lost $1B, ending a 6-week inflow streak led by ARKB and IBIT exits. Ether ETFs shed $255M, while XRP and solana gained $60.5M and $58.12M, respectively. XRP and solana demand rose as investors favored crypto assets tied to regulation and utility. Franklin and Bitwise Drive XRP ETF Gains as Bitcoin Sentiment…
Key Takeaways Bitcoin Depot began Chapter 11 to wind down operations and sell company assets. Regulatory pressure has tightened BTM rules through transaction limits, licensing, and compliance obligations. International entities will follow separate proceedings as the asset sale process continues. Bitcoin Depot Begins Chapter 11 Process Amid Regulatory Pressure Bitcoin Depot Inc. (Nasdaq: BTM) announced…
Key Takeaways A solana holder lost $1.05M selling 21,911 SOL despite earning $145K in staking rewards over two years. Solana’s 5.86% APY failed to offset a 64% price decline from the $294 all-time high hit in January 2025. SOL trades near $84 at press time; institutional demand has held firm even as retail holders absorbed…
Key Takeaways Peckshield tracked 8 bridge exploits through mid-May 2026, with $328.6M drained cumulatively from cross-chain protocols. KelpDAO’s $300M Layerzero breach and Drift’s $200M+ attack made April 2026 the worst-hacked month on record, per Defillama. Total 2026 hack losses surpassed $750M through mid-April; May’s Verus bridge drain adds $11.5M more. Crypto’s Worst Year for Cross-Chain…
Key Takeaways AMGI Studios integrated the HOOLI token launch and May 18 airdrop into a 30-episode series finale. The My Pet Hooligan franchise surpassed 600,000 Epic Games Store downloads with this Web3 model. HOOLI holders will gain early access to upcoming AI integrations and expansions across major platforms. Token Utility and Ecosystem Integration Transmedia entertainment…
Key Takeaways Bitget AI disclosed that it crossed 1 million users and $1.2 billion in trading volume across 58 tools as of mid-May 2026. CEO Gracy Chen signals Bitget is shifting from AI chat features to full execution, targeting an agent-native exchange model. AI Trading Playbooks launched in beta, letting traders build and deploy natural-language…
Key Takeaways Authorities charged Dream Market’s Owe Martin Andresen with 12 money laundering counts for buying gold with flagged cryptocurrency. IRS CI’s tracking of $1.7M in gold bought via Bitpay proves dormant darknet crypto can be traced. Following a May 2026 raid, Andresen will next face up to 20 years in prison for each charge….
Key Takeaways Garlinghouse said XRP stands out for its speed, low costs, and scalability. Ripple’s CEO highlighted three-to-five-second settlement and more than 4 billion processed transactions. Community support and payment-focused utility remain central to Ripple’s long-term XRP strategy. XRP’s Role in Payments Expands as Ripple Cites Network Strength Ripple CEO Brad Garlinghouse positioned XRP as…
