USD1 is a top stablecoin with no attestation and no transparency
Donald Trump-endorsed USD1 stablecoin has grown to over $2 billion in market capitalization but provides no transparency. Source link
Coinbase
Crypto
what it means for BTC
On June 1, 2026, Strategy disclosed in an 8-K filing that it sold 32 Bitcoin between May 26 and May 31 at an average price of $77,135, raising about $2.5 million. It was the company’s first Bitcoin sale since December 2022, and for an outfit built on Michael Saylor’s promise never to sell, the symbolism
Crypto
Sui Crypto Network Crashed 3 Times in 48 Hours After a Single Upgrade Bug: Is SUI Actually Safe?
Between Thursday and Friday, June 1, 2026, the Sui Crypto Network stopped processing transactions not once, not twice, but three times in under 48 hours, the result of a software bug introduced in a recent protocol upgrade. SUI fell roughly -8% intraday during the disruption, sliding from around $0.99 to $0.87, as traders reacted to
Bitcoin
Bitcoin ETFs Lead Weekly Losses With $1.42B Exit as HYPE ETFs Push Altcoin Inflows
Key Takeaways Bitcoin ETFs lost $1.42B and ether ETFs $241M, extending institutional selling. HYPE ETFs gained $26M, while XRP added $15.2M, signaling altcoin rotation. ETF flows suggest investors may favor HYPE, XRP, and solana over BTC and ETH. XRP and HYPE Funds Attract Over $40 Million in Weekly Inflows The holiday-shortened week did not give
Tech & AI
Grand Theft Auto V cheat service gets hacked, exposing thousands of gamers
Atlas Menu, a cheat service for popular online video game Grand Theft Auto V, has been hacked, according to data breach notification website Have I Been Pwned. The stolen data included users’ email addresses, usernames, scrambled passwords, IP addresses, and support tickets, according to Have I Been Pwned, which said almost 64,000 accounts were part
Coinbase
The fine print on the crypto ‘reserves’ of New Hampshire and Arizona
Two state governors signed crypto reserve funds into law. However, the fine print is significantly different from the headlines about them. Source link
Crypto
Bitcoin’s Price Drops Toward $71K as Total Liquidations Surpass $500 Million
Another sudden drop took place in the crypto markets, causing over $130 million in liquidations in less than an hour. Bitcoin’s price took yet another hit in recent hours, dropping toward $71,000 after failing to maintain the weekend momentum that took it to about $74,000. The asset fell by roughly 3% on the day,
Solana
Bitcoin Investment Products Suffer $1.44B in Outflows During Worst Week of 2026
XRP, Hyperliquid, and Near attracted fresh investor money despite massive outflows across the broader crypto fund market. Bitcoin investment products recorded $1.44 billion in net outflows last week, according to CoinShares. It was the largest weekly withdrawal from Bitcoin funds so far in 2026, surpassing both the previous week’s record and the peak level
Crypto
Dogecoin holds $0.10 as Paxos deal opens door to PayPal and Venmo’s 100M+ users
Dogecoin is trading around $0.10 after House of Doge and Paxos unveiled a partnership that could funnel the meme coin into PayPal and Venmo’s combined base of hundreds of millions of users. Summary Dogecoin’s corporate arm strikes Paxos deal to plug DOGE into PayPal and Venmo’s crypto rails. DOGE hovers near $0.10 with a roughly
Altcoins
Institutional Investors Sell $1,670,000,000 in Bitcoin and Crypto Assets in Third Straight Week of Outflows: CoinShares
Institutional investors just sold an overall total of $1.67 billion in Bitcoin and crypto assets in one week, according to a new update from Coinshares. The outflows mark the third consecutive negative week and the second-largest weekly outflow of the year, with three-week cumulative outflows now standing at $4.21 billion. Bitcoin led the selling with