HYPE Hits Record High Valuation as Hyperliquid Whale Dumps $27M to Exit Short

Key Takeaways A Hyperliquid whale unstaked 443,180 HYPE ($27M) and sold 231,899 HYPE ($14.15M) as the trader’s short position came under pressure. HYPE reached a new all-time high of $64.21 on May 24, squeezing multiple short positions across the platform. The trader still holds a 141,500 HYPE short worth $8.67M as 211,281 remaining tokens continue …

Bitsler Sets a New Standard for Crypto Gaming Platforms

Fast Crypto Gaming Transactions and Instant Bitcoin Withdrawals Speed is no longer a feature, it is an expectation. Bitsler delivers near instant withdrawals through blockchain based infrastructure, ensuring that access to funds remains fast, consistent, and predictable. As transaction efficiency becomes a defining factor across the sector, platforms capable of maintaining fast withdrawal times under …

Two Bitcoin Wallets Deposit 1,650 BTC Worth $127 Million Into Falconx After a Year of Inactivity

Key Takeaways Two dormant wallets moved 1,650 BTC worth $127M to Falconx on May 25. Falconx, a prime brokerage for institutions launched in 2019, handles custody, OTC trades, and block deals. Bitcoin was trading near $77,000 when the previously inactive wallets executed the transfer. Whales Wake up Large-scale bitcoin transfers from long-inactive addresses are among …

IHC Executes $30M DDSC Stablecoin Trade as UAE Digital Payments Enter New Phase

Key Takeaways IHC executed a landmark $30 million transaction using the new DDSC token on ADI Chain. This milestone expands the UAE crypto market, following approvals for Mbank’s AE Coin and Zand’s AEDZ. Developers now plan to connect the Middle East with global markets via new DDSC digital trade corridors. Major Institutional Transaction Executed The …

Arthur Hayes Called $150 for HYPE, Then a Linked Wallet Sold at $54 and Paid $62 to Get Back In

Key Takeaways A wallet linked to Hayes sold 115,453 HYPE at $54.81, then bought 85,714 back at $62.69 per token. HYPE hit an all-time high of $64.24 on May 24, 2026, with its 24-hour trading volume exceeding $1.2 billion. Hayes maintains a $150 HYPE price target for August 2026 and still holds a $38.9M bitcoin …

Vitalik Warns Ethereum’s Smart Wallets Have a ‘Relay’ Problem Ahead of Major Upgrade

Key Takeaways Vitalik Buterin flagged ‘relay dependence’ on X as a fragility concern for Ethereum’s smart wallet users. FOCIL and EIP-8141 are targeted for the Hegota upgrade in late 2026 to rebuild the public mempool. EIP-7701 enables native account abstraction for Ethereum wallets, expected with the Hegota fork. The Problem With Relays Smart contract wallets …

Gold Slides 0.7% as DXY Holds Near 99.32 and 10-Year Yields Push Toward 4.6%

Key Takeaways Gold fell roughly $30 to $35 per ounce during May 17-24, pressured by a DXY near 99.32 and rising Treasury yields. FOMC minutes released May 21 reinforced higher-for-longer Fed expectations, extending gold’s 16% slide from its January 2026 peak of $5,589. Central banks continue net gold purchases, keeping gold bug targets above $5,000 …

NEAR Protocol Jumps 54% Weekly as Short Sellers Cover and AI Rotation Accelerates

Key Takeaways Short sellers absorbed millions in NEAR liquidations in 24 hours, forcing buybacks that accelerated the crypto asset’s 54% weekly gain. Bitwise’s NEAR Staking exchange-traded product (ETP) and Grayscale interest signal NEAR is attracting institutional capital beyond retail in 2026. NEAR’s Dynamic Resharding upgrade, targeted for June 2026, is the next test for whether …

MiCA Compliant Euro Stablecoin Depegs to $0.85 After 1-of-3 Multisig Exploit Drains Millions

Key Takeaways StablR’s EURR dropped to $0.85, and USDR fell between $0.40 to $0.64 on May 24 after attackers minted unbacked tokens. A 1-of-3 multisig threshold reportedly let attackers hijack minting controls, draining roughly $2.8M in ETH. Onchain observers flagged StablR’s alleged weak multisig setup as a governance risk that MiCA regulation did not prevent. …

HYPE Brothers Wax, ETH Brothers Wane – Week In Review

Key Takeaways. Bitcoin lost $80K as ETF demand cooled; Glassnode sees resistance, with October bottom eyed. Ethereum saw 8 EF exits and 31% staking; Bankless turmoil may spur a new ETH org. Hyperliquid’s HYPE rose 50% on $11M fees; CME pressure and ETF flows are next tests. Bitcoin spent the week grinding downward after losing …

Libra Trust Prepares to Distribute Controversial Crypto Millions to Argentine Companies

Key Takeaways The Libra Trust got 71 apps and will next fund Argentine firms seeking to grow. To fight scam claims, Hayden Davis sent funds on Nov 22 to the trust, which will distribute grants by November. To restore market trust, the fund could next pay Viva La Libertad victims filing claims before Nov 22, …

MiCA Decoded: Comparing MiCA (EU) to VARA (Dubai) and MAS (Singapore)

MiCA Decoded is a 12-article weekly series for Bitcoin.com News, co-authored by LegalBison’s Co-Founding and Managing Directors: Aaron Glauberman, Viktor Juskin and Sabir Alijev. LegalBison advises crypto and FinTech companies on MiCA licensing, CASP and VASP applications, and regulatory structuring across Europe and beyond. The Myth: All Major Crypto Frameworks Are Converging Toward the Same …

Is Crypto a Security? The 2026 Guide to US Digital Asset Law (Part One)

Written by: Michael Handelsman and Alex Forehand for Kelman.Law This research report contains five additional sections. Access the full report for free here and explore the rest of our research reports. Is Crypto a Security? As courts, regulators, and market participants continue to wrestle with applying decades-old legal doctrines to blockchain-based assets, this series breaks …

This Week in Crypto Law (May 16, 2026)

This Week in Crypto Law The opinion editorial below was written by Alex Forehand and Michael Handelsman for Kelman.Law. We’re back after a week off. This week in crypto law may ultimately be remembered as a turning point in how governments view digital assets. Policymakers are no longer debating whether crypto belongs within the financial …

A $1 Billion Fix for Ethereum? Dev Proposes a Radical New Organization to Save ETH

Key Takeaways After 9 Ethereum Foundation departures spooked markets, Simon Dedic says the network must next focus on business. Noting 2 years of unrest over ETH tokenomics, Laura Shin warns the network must next fight for market share. Amid a leadership void, Dankrad Feist next pitches a $1B alternate group to save Ethereum’s market status. …

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