Trump Media Moves 2,650 BTC to Crypto.com as Holdings Decline
Trump Media moved 2,650 BTC to Crypto.com, marking its second major Bitcoin transfer this year. The company’s remaining holdings now stand at about 6,889 BTC.
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Federal Reserve Proposes Payment Account for Eligible Crypto Firms
The Federal Reserve has proposed a new payment account that could allow eligible crypto firms to access its clearing and settlement systems. A 60-day comment period is now open.
Crypto Wallets Move Behind the Scenes as Apps and AI Take Over
Crypto executives say wallets are becoming less visible as exchanges, payment apps, and AI interfaces handle user interactions. Custody and transaction control remain central.
Missouri Sues CoinFlip Over Alleged Fraud at Crypto ATMs
Missouri has filed a lawsuit against CoinFlip, alleging the crypto ATM operator facilitated fraudulent transactions. The state is seeking penalties and a potential ban on its operations.
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.
Crypto-Backed Lending Advances While Mortgages Face Barriers
Stablecoins anchor crypto payments, while collateral-based lending gains attention. Mortgages require stronger custody, valuation, and risk standards.
GitHub Internal Breach Prompts Crypto API Key Rotation Warnings
GitHub confirmed that a malicious VS Code extension led to access to around 3,800 internal repositories. Crypto developers have been urged to rotate API keys as a precaution.
Japan Opens Payment System to Foreign Stablecoins
Japan’s Financial Services Agency will recognize qualifying foreign stablecoins as regulated payment instruments from June 1, 2026. In the US, the Senate Banking Committee has advanced the CLARITY Act.
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.
