1 Quadrillion MAPO Minted in Bridge Exploit, Token Drops 30%
A vulnerability in MAP Protocol’s Butter Bridge allowed attackers to mint 1 quadrillion MAPO tokens. The incident led to a near 30% price drop and liquidity losses.
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BeInCrypto Lists 10 Crypto Regulatory Frameworks for 2026 Award
BeInCrypto has published a long list of 10 jurisdiction-level crypto regulatory frameworks for 2026. The selection spans stablecoin laws, VASP regimes, and comprehensive crypto regulations.
US Treasury Sanctions Over 50 Iran-Linked Entities and Vessels
The US Treasury sanctioned more than 50 Iran-linked entities and vessels, targeting shadow banking networks, oil shipments, and cryptocurrency flows.
Echo Protocol Exploit on Monad Prompts Suspension of Cross-Chain Transfers
Echo Protocol suspended cross-chain transfers after an exploit on Monad involving 1,000 eBTC. The case marks the 14th reported crypto hack in May.
Galaxy Digital Wins New York BitLicense for Institutional Services
Galaxy Digital has obtained a BitLicense and Money Transmitter License in New York. The approval allows it to serve institutional clients directly in the state.
Mark Cuban Proposes Federal AI Token Tax
Mark Cuban has proposed introducing a federal tax on AI tokens. He compared critics of the idea to early opponents of cryptocurrency regulation.
Stablecoins and Institutional Adoption Shape Crypto Debate at Consensus 2026
Stablecoin regulation and institutional participation dominated discussions at Consensus 2026. Industry leaders also addressed AI-driven payments and ongoing market volatility.
Iran Launches Bitcoin-Settled Insurance for Hormuz Shipping
Iran has launched Hormuz Safe, a state-backed maritime insurance platform settled in Bitcoin for cargo transiting the Strait of Hormuz. Officials project more than $10 billion in annual revenue.
Sygnum Tests AI Agent for Live On-Chain Transactions
Sygnum has executed live on-chain transactions using an AI agent within a regulated Swiss banking framework. Clients retained full custody as private keys remained on their own devices.
Verus-Ethereum Bridge Exploit Adds $11.58M to May DeFi Losses
The Verus-Ethereum Bridge was reportedly drained of $11.58 million in crypto assets. The incident adds to more than a dozen DeFi exploits recorded in May 2026.
DeFi Lending Hack Losses Equal 3 Basis Points of TVL
Non bridge DeFi lending exploits reached $30.9 million over 12 months, equal to 3 basis points of average TVL. Recoveries reduced net losses to 3 basis points.
BeInCrypto Lists 10 Firms for Autonomous Agentic Payments Award
BeInCrypto has published its 2026 long list for Autonomous Agentic Payments, naming 10 firms across stablecoin, protocol, and identity infrastructure. The winner will be announced in June 2026.
Binance Expands AI Security and Adds Oil Trading Contracts
Binance has added oil price trading contracts and expanded its use of AI in cybersecurity. The exchange also introduced a Withdrawal Protection feature to address irreversible transfer risks.
Consensus Miami 2026 Focuses on Stablecoins and Institutions
Consensus Miami 2026 highlighted stablecoins, institutional engagement, and AI-driven security changes. Discussions focused on infrastructure, compliance, and trade finance use cases.
CME and ICE Reportedly Seek Scrutiny of Hyperliquid
CME Group and ICE have reportedly asked US regulators to examine Hyperliquid over market manipulation and sanctions concerns. The debate centers on its internal liquidity model and token linked revenue structure.
Revolut Plans UK Private Banking Unit With £500,000 Threshold
Revolut plans to launch a UK private banking unit with a £500,000 entry point. New FCA permissions allow leveraged and managed portfolios that may include crypto assets.
CLARITY Act Advances – XRP, SOL and HYPE React
The CLARITY Act cleared the Senate Banking Committee, introducing new commodity definitions and DeFi safe harbors. XRP, Solana and Hyperliquid recorded price gains following the vote.
