Pasig City Mayor Vico Sotto issued a public warning on May 17, 2026, clarifying that the local government unit (LGU) has no existing programs involving cryptocurrency or digital wallets. The announcement followed reports of unauthorized individuals posing as LGU staff to collect personal information from residents in Centennial 2, Barangay Pinagbuhatan, in exchange for digital
Key Takeaways Wallet 0xfa93 is offloading 5.41M UNI and 228,704 COMP bought for $62.83M in July 2025, down $39.7M. The whale deposited 2.705M UNI ($9.23M) and 114,352 COMP ($2.31M) into Binance on May 25, 2026. UNI is trading close to $3.40 today, roughly 64% below the whale’s $9.52 entry price from 10 months ago. A
Key Takeaways Bitcoin ETFs lost $1.26B, led by Blackrock IBIT’s massive $1B outflow. Ether ETFs shed $216M, while XRP and solana gained $22M and $15.6M, respectively. HYPE ETFs drew $72.4M as investors rotated into alternative crypto growth narratives. HYPE ETFs Pull $72M as Investors Rotate Away From Bitcoin and Ether The contrast across digital asset
Key Takeaways Pope Leo XIV’s 1st AI encyclical warns that unregulated tech threatens labor, demanding new social rules next. The Catholic Church rejects using AI just for profit, next urging markets to prioritize a human-centric goal. Pope Leo XIV next urges global regulators to shift away from GDP toward a new metric for overall well-being.
Key Takeaways Iranian negotiators including Foreign Minister Abbas Araghchi arrived in Doha on May 25, 2026, for U.S. peace talks. Brent crude fell roughly 4-6% to near $95-97 per barrel on hopes of reopening the Strait of Hormuz. Bitcoin held at $77,699 as traders priced in potential de-escalation, with a $12 billion Iranian asset release
Key Takeaways Indonesia’s Ministry of Communication and Digital Affairs blocked Polymarket on May 22, 2026, citing online gambling laws. The ban followed a Polymarket market on President Prabowo Subianto leaving office before his 2029 term ends. Indonesian authorities have frozen over 33,000 bank accounts in 2026 as part of a broader crackdown on online betting.
Key Takeaways Wallet 0x50b3 opened a $100.33M ETH short at 23x leverage on Hyperliquid. The position liquidates if ETH reaches $2,149.84, less than 2% above the ~$2,109 entry price. Hyperliquid processed over $176B in 30-day trading volume as nine-figure leveraged bets have also intensified over the same time period. A Nine-Figure Bet Against Ether Wallet
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
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
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