Crypto-backed political committees just spent more than $9M to reshape Texas politics in a single primary cycle, and they won nearly every race they touched. The most striking result: Houston Democrat Rep. Al Green, a 19-term incumbent and vocal crypto critic, was defeated in the Texas Primary Runoffs by fellow Democrat Christian Menefee after Fairshake
David Hoffman said Ethereum succeeded technologically, but ETH may no longer see a meaningful structural rerating higher from current levels. Bankless co-founder David Hoffman said he sold his Ether holdings because he believes the long-standing “ETH is money” thesis has already largely played out. Despite this, he remains strongly bullish on Ethereum as a
Russian officials have moved closer to a long-term shutdown of crypto mining in Moscow and nearby regions as lawmakers have advanced a separate bill to jail unregistered miners. Summary A Russian power-industry commission has backed a proposal to ban crypto mining in Moscow, Moscow Oblast, and parts of Kursk until at least 2032. Kommersant reported
The UK government has formally sanctioned HTX, one of the world’s largest cryptocurrency exchanges, and led by Tron founder Justin Sun, citing the platform’s alleged role in helping Russia evade Western economic restrictions. The sanctions, announced as part of a broader May 2026 enforcement action targeting 18 individuals and entities linked to illicit finance networks,
Banca Sella crypto services gain Bank of Italy approval under MiCA, with custody and transfer tools planned for institutions by 2026. Summary Banca Sella crypto services gained approval under MiCA rules in Italy. The bank will focus on custody and transfers for selected clients. The planned rollout is expected by the end of 2026. Banca
In XRP news today, Ripple has filed two new US trademark applications spanning treasury operations, prime brokerage, hedge fund management, and securities lending, on top of a $500M Wall Street funding round that valued the company at roughly $40Bn, and yet XRP’s price remains locked in a multi-month range that has frustrated retail holders watching
Critics quickly pushed back, arguing that most recent crypto hacks were caused by operational failures instead. Manuel Aráoz, co-founder of smart contract security firm OpenZeppelin, went public on May 26 with a blunt recommendation that people should get out of DeFi, all of it, including the blue chips. According to him, AI-powered coding agents
A Hyperliquid powered, pre IPO style SpaceX perpetual contract on Trade.xyz is letting traders lever up on an implied $1.78 trillion valuation with no equity, no authorization and no clear regulatory home. Summary Hyperliquid’s SPCX USDC perp lets users trade a synthetic SpaceX price pre IPO, fully on chain The contract launched with a $150
Bitcoin ETF News: On May 26, 2026, BlackRock IBIT, the world’s largest spot Bitcoin ETF, recorded $1.3 Billion in single-day outflows, extending its selling streak to seven consecutive days and marking the fund’s worst outflow event since its January 2024 launch. Bitcoin dipped under pressure during the same window, with BTC price impact visible across
The burned Bitcoin would have been worth nearly $13.4 million when the OG crypto was at its $126,000 peak in October last year. Yesterday, five Bitcoin (BTC) wallets that had remained untouched for about 11 years came to life, only to send their combined holdings of 107 BTC, worth around $8.3 million, to a