todayonchain.com
Kalshi, Polymarket lose bids to halt Nevada and Washington gambling cases
Prediction market platforms Kalshi and Polymarket failed to move their Nevada and Washington gambling lawsuits to federal court.
SEC Commissioner Peirce counters views that crypto rule will foster synthetic tokens
SEC Commissioner Hester Peirce clarified that an upcoming tokenization rule will not authorize synthetic tokens, focusing instead on direct digital representations of underlying securities.
Crypto Mom Hester Peirce Excludes Synthetic Tokenized Stocks From SEC Exemption
SEC Commissioner Hester Peirce clarified that a proposed innovation exemption for tokenized stocks excludes synthetic instruments in favor of real, underlying equity shares.
Ripple, North Island Ventures back $6 million round for cross-chain platform Squid
Cross-chain infrastructure provider Squid has raised $6 million in strategic funding to develop a new consumer-facing product.
Why Minnesota is empowering local banks to fight Wall Street for crypto revenue
Minnesota has enacted legislation allowing state banks and credit unions to offer crypto custody services to prevent deposit flight to digital asset platforms.
SpaceX’s First Mars Crew Includes a Crypto Billionaire and It’s Not Elon Musk
SpaceX has selected crypto billionaire and F2Pool co-founder Chun Wang to lead the company's first human-crewed Mars flyby mission.
US House Lawmakers Launch Probe into Kalshi, Polymarket Insider Trading
US House lawmakers are investigating prediction markets Kalshi and Polymarket over concerns regarding insider trading by government officials and politicians.
NEAR token jumps 30% amid AI hype, Arthur Hayes endorsement and scaling plans
The NEAR token surged over 30% due to AI narratives, institutional interest, positive analyst sentiment, and upcoming network scaling upgrades.
Near Leads AI Token Rally With 50% Surge as $5 Price Target Emerges
NEAR Protocol surged 50% weekly, driven by AI sector momentum, network upgrades, and bullish sentiment fueled by Nvidia's strong revenue forecasts.
Mark Cuban’s Bitcoin sale tests the gap between a failed hedge and a surviving monetary bet
Mark Cuban sold most of his Bitcoin, arguing it failed as a crisis hedge, while proponents view it as long-term monetary optionality.
OKX, ICE partner on oil perps as NYSE-parent pressures US regulators to rein in Hyperliquid
Crypto exchange OKX is partnering with Intercontinental Exchange to list oil perpetual contracts while ICE simultaneously lobbies US regulators against decentralized competitor Hyperliquid.
Tom Emmer brushes off law enforcement concerns over Clarity Act
Representative Tom Emmer defends the Clarity Act, dismissing law enforcement concerns regarding noncustodial software developers as a distraction from necessary regulatory progress.
XRP Faces Growing Backlash After Dropping 26% Year-to-Date
XRP faces investor frustration and criticism as the token experiences a 26% price decline year-to-date despite regulatory progress.
Kalshi-backed prediction market advocacy group debuts with support from former Trump aide
Kalshi has launched the advocacy group Americans for Fair Markets, supported by former Trump aide Taylor Budowich, to promote regulated prediction markets.
Trump Media (DJT) Moves to Sell Bitcoin as Losses Reach $455 Million
Trump Media has transferred $205 million in Bitcoin to Crypto.com as it faces significant unrealized losses on its digital asset holdings.
Happy Bitcoin Pizza Day, The 16th Anniversary of Laszlo Hanyecz Paying 10,000 BTC For Two Papa John’s Pies
Bitcoin Pizza Day commemorates the 2010 transaction where Laszlo Hanyecz famously spent 10,000 BTC to purchase two pizzas, marking Bitcoin's first real-world use.
Institutional Crypto Adoption Grows Despite $1B Fund Outflows and Geopolitical Risks
Institutional crypto investment remains resilient despite a $1 billion weekly outflow driven by geopolitical tensions and shifting market sentiment.
Bitcoin Drops Below $77,000 as Waller Speech Suggests Fed Rate Hike Risk
Bitcoin fell below $77,000 after Federal Reserve Governor Christopher Waller indicated that future interest rate hikes remain a possibility due to persistent inflation.
Bitcoin Drops 1% as New Dow Jones All-Time High Sees Stocks Leave Crypto Behind
Bitcoin fell below $77,000 as US stock markets reached record highs, highlighting a divergence between crypto assets and traditional equities.
Researcher Proposes $1 Billion Plan to Save Ethereum
Former Ethereum Foundation researcher Dankrad Feist proposes creating a new $1 billion organization to better align the ecosystem with ETH incentives.
Congress hits Polymarket and Kalshi with a massive insider trading probe
The U.S. House Oversight Committee is investigating Polymarket and Kalshi over concerns that government employees are using insider information for profit.
NYSE Owner ICE Brings Perpetual Oil Futures to OKX as Iran War Drives Demand
Intercontinental Exchange is partnering with OKX to offer perpetual oil futures, providing 24/7 access to energy benchmarks amid rising geopolitical tensions.
XRPL’s May 27 upgrade shows how validators and markets decide a blockchain split
The XRPL May 27 upgrade highlights how validator consensus and market adoption are essential for maintaining blockchain integrity and preventing unauthorized forks.
The agentic CFO in your pocket
Autonomous AI agents, powered by stablecoins and asset tokenization, will soon provide retail investors with sophisticated, automated treasury management capabilities.
ICE to Launch Oil Perpetual Futures With OKX
Intercontinental Exchange is partnering with OKX to introduce perpetual futures contracts linked to global Brent and WTI crude oil benchmarks.
MARA Spent $4.3M on CEO Security as Crypto Attacks Rise
Bitcoin miner MARA Holdings spent $4.3 million on CEO Fred Thiel's personal security in 2025 amid a global rise in crypto-related physical attacks.
Live markets: Bitcoin continues holding pattern near $77,000 ahead of Kevin Warsh taking over at Fed
Bitcoin maintains a steady $77,000 price point as markets anticipate Kevin Warsh's upcoming appointment as Federal Reserve chairman amid rising economic concerns.
Polymarket suffers live POL drain as team rules out feared contract exploit
Polymarket experienced a significant POL drain, which the team attributed to a private-key compromise rather than a smart-contract exploit.
Binance disputes latest WSJ report on alleged Iran-linked transactions
Binance CEO Richard Teng refuted a Wall Street Journal report claiming the exchange facilitated over $850 million in Iran-linked crypto transactions.
Space X IPO Is 'Bad News' for Tech Stocks: But What About Bitcoin?
SpaceX's upcoming $75 billion IPO may trigger major tech stock rebalancing, potentially creating short-term downside risks for correlated assets like Bitcoin.
DeFi Hacks Shake Institutional Confidence as Risks Outpace Yields
Frequent security exploits and complex risks are deterring institutional adoption of DeFi, as potential yields struggle to justify the danger.
THORChain's $10M Exploit Caused by MPC Vulnerability, Private Key Leak
THORChain suffered a $10.7 million exploit due to a GG20 threshold signature vulnerability that allowed a malicious node operator to reconstruct a private key.
US labor federation warns CLARITY Act could push crypto closer to workers’ retirement money
The AFL-CIO warns that the CLARITY Act could inadvertently facilitate the inclusion of volatile digital assets in workers' retirement portfolios.
IREN co-founder says AI’s biggest bottleneck is infrastructure, not chips
IREN co-founder Daniel Roberts argues that limited physical infrastructure, rather than chip shortages, represents the primary bottleneck for the scaling of artificial intelligence.
CoinDesk 20 performance update: NEAR surges 19.4% as index trades flat
The CoinDesk 20 index remained nearly flat, while NEAR led the market with a significant 19.4% gain.
Trump Media moves another $205 million in bitcoin as losses on crypto bet swell to $455 million
Trump Media & Technology Group transferred $205 million in bitcoin to Crypto.com, bringing total unrealized losses on its crypto investment to $455 million.
House Oversight chair launches probe into insider trading on Kalshi and Polymarket
House Oversight Committee Chair James Comer is investigating prediction markets Kalshi and Polymarket over concerns regarding insider trading and market integrity.
Tom Lee says trillions in tech IPO supply won't crash the S&P 500
Tom Lee argues that upcoming massive tech IPOs will not crash the S&P 500 due to significant available capital from institutional investors.
OKX and ICE are bringing 'never-expiring' oil futures to 120 million crypto users
OKX and Intercontinental Exchange are partnering to offer perpetual oil futures to global retail crypto traders using ICE price benchmarks.
Canaan earnings show Q1 revenue collapse as record BTC and ETH treasury nears $148M
Canaan reported a significant Q1 revenue decline while maintaining a record cryptocurrency treasury worth approximately $148 million.
China’s Offshore Trading Crackdown Could Unleash a New Wave of Crypto Capital Flight
China's crackdown on major offshore brokers may drive restricted mainland investors toward crypto, particularly USDT, for capital flight.
XRP Ledger Activity Surges, But What Is Stopping Price Breakout?
The XRP Ledger recorded 4,300 new wallets in 24 hours, yet the price remains constrained by significant overhead resistance near $1.40.
Germany’s Finance Committee Rejects Bid to End Crypto Tax Exemption
Germany’s Finance Committee has rejected a Green Party proposal to eliminate the current one-year tax exemption for cryptocurrency holdings.
Bitcoin left behind in the geopolitical melee
Bitcoin price remains stagnant as investors prioritize geopolitical tensions and AI-driven stock market growth over cryptocurrency assets.
Over 50,000 South Koreans Sign Petition to Block 2027 Crypto Tax
A South Korean petition seeking to cancel a planned 22% cryptocurrency tax has secured over 50,000 signatures, moving it to legislative review.
Polymarket Seeks Japan Entry Amid Global Scrutiny: Report
Polymarket is planning to enter the Japanese market by 2030, despite facing significant domestic gambling regulations and global scrutiny.
SpaceX IPO filing gives crypto investors a new way to price Bitcoin exposure, X payments, and AI compute
SpaceX's IPO filing offers crypto investors new insights into Bitcoin holdings, X's payment roadmap, and the competitive AI infrastructure landscape.
Ark Invest buys $12.5 million of Bullish stock in four days
Ark Invest purchased $12.5 million in Bullish shares over four consecutive days, capitalizing on a recent downturn in crypto equity prices.
Crypto majors stuck in tight range as altcoin rotation picks up steam
Bitcoin and Ether are trading in narrow ranges, while investors shift capital toward specific altcoin sectors like AI and platform tokens.
Polymarket-Linked UMA Adapter Exploited For at Least $520K
Polymarket confirmed an exploit involving a compromised private key, emphasizing that core infrastructure and user funds remain secure despite over $600,000 in losses.
Ripple’s Ex-CTO Switched His Profile Picture to an XRPL Meme Coin
Ripple’s David Schwartz faces criticism after changing his social media profile picture to an image of an XRPL meme coin named FUZZY.
ERA Wallet Closed the Blind Signing Gap That Has Cost DeFi Billions
ERA Wallet introduces ERA Lens technology to translate complex DeFi transaction data into human-readable details, preventing blind signing risks.
ZachXBT flags $520K Polymarket exploit on Polygon, team says funds are safe
Blockchain investigator ZachXBT reported a $520,000 exploit on Polymarket, though developers confirmed user funds and core smart contracts remain secure.
Verus Bridge Hacker Returns $8.5M ETH, Keeps $2.8M as Bounty
An attacker returned $8.5 million in ETH to the Verus bridge after the team offered a $2.8 million bounty for the stolen funds.
‘No longer a distant place’: F2Pool Co-founder Chun Wang joins SpaceX’s 2-year mission to Mars
F2Pool co-founder Chun Wang will join SpaceX for a two-year crewed mission involving a fly-by of Mars.
3 Altcoins To Watch This Weekend | May 23 – 24
BeInCrypto identifies Ondo Finance, Hyperliquid, and Zcash as altcoins to watch due to strong institutional activity and bullish technical chart patterns.
ZachXBT flags suspected exploit involving Polymarket’s UMA adapter contract on Polygon
On-chain investigator ZachXBT reported a suspected exploit of Polymarket’s UMA adapter contract on Polygon, resulting in approximately $520,000 in drained funds.
Europe’s 37-bank stablecoin push tests whether on-chain finance defaults to euros or dollars
A 37-bank European consortium, Qivalis, is launching a euro-denominated stablecoin to challenge the dominance of US dollar-backed assets in on-chain finance.
Near Protocol to automate its own growth and its token is skyrocketing
Near Protocol's upcoming dynamic resharding upgrade will automate network scaling, causing its native token price to surge significantly.
Polymarket aims for prediction market approval in Japan by 2030
Polymarket is lobbying for regulatory approval to operate its prediction market platform in Japan by 2030.
ZachXBT Flags Polymarket Smart-Contract Exploit With $520,000 in Losses
On-chain investigator ZachXBT has alerted the community to a $520,000 exploit involving the UMA CTF Adapter smart contract on Polymarket.
Verus bridge exploiter returns 4,052 ETH, retains $2.8 million bounty: onchain analyst
The Verus bridge exploiter returned 4,052 ETH to the project, keeping $2.8 million as a bounty per a negotiated agreement.
Bitcoin implied volatility drops to 7 month low despite macro risks
Bitcoin's implied volatility has hit a seven-month low as market participants anticipate calmer price action despite ongoing geopolitical and macroeconomic concerns.
Bitcoin Posts a Record 90-day Comeback as Analyst Questions BTC Bear Market
Bitcoin has achieved a historic 90-day uptrend, leading analysts to suggest the current price action reflects a bull market rally rather than a bear market.
Polymarket Reportedly Targets Tokyo Approval by 2030 in Japan Lobbying Effort
Polymarket is reportedly hiring local leadership to lobby for regulatory approval of its prediction market platform in Japan by 2030.
Investor Demand for S&P 500 Downside Protection Plummets 75% Since March
Investor appetite for S&P 500 hedging has collapsed by 75% since March, signaling increased market confidence and a shift toward risk-on assets like Bitcoin.
$725 Million in Ethereum (ETH) Just Left Whale Wallets: The Timing Is Suspicious
Large Ethereum whale outflows and bearish technical patterns suggest potential downside risk despite accumulation from long-term holders.
IHC Executes $30M DDSC Stablecoin Transfer on ADI Chain
International Holding Company completed a $30 million transaction using the DDSC stablecoin on the institutional-grade ADI Chain in the UAE.
Tokenized stocks risk liquidity and revenue fragmentation: Research
Tiger Research warns that the SEC's tokenized stock listing exemptions could cause market inefficiencies through liquidity and revenue fragmentation.
Novogratz Appears in Court Over Failed BitGo Deal: Report
Mike Novogratz and Mike Belshe appeared in court regarding a dispute over Galaxy Digital’s terminated $1.2 billion acquisition of BitGo.

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