Decentralized prediction market Polymarket has launched an active betting contract on the outcome of Vice President Sara Duterte’s upcoming impeachment trial, allowing global cryptocurrency users to wager on whether the Philippine Senate will convict her. The deployment of the localized contract occurs alongside ongoing network-level restrictions, with users on Globe Telecom finding the platform blocked
Key Takeaways After securing a €5B deal, Mexico and the EU will next collaborate to curb global crypto money laundering. The talks will focus on targeting groups like the Sinaloa Cartel, which use crypto flows to launder money globally. Both governments will next advance a dialogue to deal with crypto threats. Mexico and the EU
Decentralized prediction market Polymarket has become inaccessible to users in the Philippines utilizing the Globe Telecom network. Visitors attempting to access the platform via Globe are currently redirected to a standard “Access Restricted” landing page hosted by the Cybercrime Investigation and Coordinating Center (CICC): Polymarket blocked by Globe ISP in the Philippines. When accessing the
Key Takeaways Coinbase CEO Brian Armstrong highlighted 8 financial gaps spanning assets, markets, payments, AI, regulation, access, fundraising, and sound money. Stablecoins and tokenized assets remain central as blockchain-based finance expands into institutional markets. Policy changes and technical progress could shape how widely these systems reach users. Finance Still Needs These 8 Core Upgrades, Coinbase
Key Takeaways Brent crude fell below $99 on May 24 as Trump declared a U.S.-Iran deal “largely negotiated,” targeting the reopening of the Strait of Hormuz. JPMorgan forecasts Brent averaging $60 long-term if tensions ease, with WTI potentially sliding into the $80s on confirmed supply restoration. Bitcoin held near $77,000 through the Memorial Day weekend
Key Takeaways Buterin detailed on May 24, 2026, that the Ethereum Foundation (EF) holds only 0.16% of all ETH, far below rivals. The EF plans to shrink its scope, focusing solely on censorship-resistance, privacy, and open infrastructure for Ethereum. Buterin called for artificial intelligence (AI)-assisted formal verification to make Ethereum provably bug-free within months. Buterin
Key Takeaways Strategy highlighted bond-related activity instead of bitcoin buying after holdings climbed to 843,738 BTC. Preferred stock, debt obligations, and liquidity reserves remain central investor concerns. Future financing activity may signal another phase of large-scale BTC accumulation. Saylor’s ‘BitVac’ Comment Puts BTC Buying on Watch Michael Saylor, executive chairman of Strategy Inc. (Nasdaq: MSTR),
Key Takeaways Michael Burry cited Neal Stephenson’s 1992 novel Snow Crash in a May 19 Substack warning about SEC tokenized stock plans. The SEC under the Trump administration proposed an innovation exemption for crypto firms, but delayed the plan on May 22, 2026. Burry’s warning signals growing investor concern that tokenized equities could expose markets
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
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