JOON HYOUNG LEE

President Donald Trump said the US is close to what he called a “very good deal” with Iran. In a Fox News interview on May 30, Trump said the one guarantee he must secure is that Iran does not have nuclear weapons. He said Iran had agreed to that con

BNB surged about 13%, triggering roughly $12 million in liquidations in the futures market. According to CoinMarketCap, BNB was trading at $739.85 as of 12:40 p.m. in Korea on May 31, up 12.61% from a day earlier. The token has climbed nearly 20% ove

Hyperliquid's HYPE token extended its record-setting rally. CoinMarketCap data on May 31 showed HYPE trading around $68.5, up about 5% from a day earlier. It was the first time the token traded above $68.5. On Polymarket, the odds of HYPE topping $10

President Donald Trump has sought changes to clauses covering Iran’s nuclear program and the Strait of Hormuz in a ceasefire agreement with Tehran, Axios reported. Axios reported on May 31 that Trump instructed aides at a White House meeting on May 2

Binance, the global cryptocurrency exchange, is set to add US stock trading next month. BlockBeats reported on May 31 that the new feature Binance previously teased for June 1 will likely add US stock trading to its main platform and introduce bStock

President Donald Trump has toughened the terms of a ceasefire proposal with Iran, the New York Times reported. Citing multiple sources, the newspaper reported on May 30 that Trump recently added stricter conditions to a tentative agreement aimed at s

Sui's mainnet suffered a second network outage in two days. The Block reported on May 29 that the Sui blockchain was experiencing a temporary disruption. Based on Suiscan data, the network failed to process new blocks for about two hours. Sui wrote o

The US Commodity Futures Trading Commission has approved Coinbase’s listing and trading of Bitcoin perpetual futures contracts. CoinDesk and other outlets reported on May 29 that the CFTC cleared Coinbase to list and trade the contracts. Coinbase Chi

The Arbitrum Foundation has requested $43.5 million for its 2027 operating budget. BlockBeats reported on May 29 that the foundation recently submitted its 2027 budget proposal to governance. The request includes $16 million in real-world assets and

Blockchain infrastructure company Paxos has registered with the US Securities and Exchange Commission as a clearing agency. Paxos said May 28 that its subsidiary, Paxos Securities Settlement Company, or PSSC, was formally registered with the SEC as a

Bitcoin's market capitalization has fallen by nearly $1.5 trillion this month, dropping the cryptocurrency to 13th place in the global asset rankings. Cointelegraph reported on May 29 that Bitcoin fell from the $83,000 range at the start of the month

Ki Young Ju, chief executive officer of CryptoQuant, said Bitcoin's bear market could persist until early 2027. In a post on X on May 29, Ju wrote that investors' profit and loss, or PnL, typically declines for about 18 months when profit-taking sets

Strategy’s perpetual preferred stock Stretch, issued by the world’s largest corporate Bitcoin holder, has fallen below its $100 par value. CoinDesk reported on May 29 that Stretch closed at $98.57 on May 28 after dropping as low as $97.11 intraday. T

U.S. Bitcoin miner TeraWulf has acquired a large data center site in Kentucky to expand its artificial intelligence infrastructure. ODaily reported on May 29 that TeraWulf had acquired the Muskie Data Campus, a high-performance computing development

Mastercard has partnered with Chainlink (LINK) to expand its cryptocurrency payments infrastructure. BlockBeats reported on May 29 that Mastercard recently entered into the partnership with Chainlink. The partnership is aimed at strengthening connect

Binance founder Changpeng Zhao, known as CZ, said most artificial intelligence companies will go bankrupt. Zhao wrote on X on May 29 that AI will continue to exist and grow exponentially, but most AI companies will fail. Even the companies that survi

Iran’s parliament said it has no plan to transfer the country’s highly enriched uranium outside its borders. Ebrahim Azizi, chairman of the Iranian parliament’s National Security and Foreign Policy Committee, told Russia’s state-run RIA Novosti on Ma

Sui's mainnet was temporarily halted. The project said on its official X account on May 28 that its mainnet was experiencing network congestion and that it was actively working on a fix. Sui added that transactions may be temporarily paused. It said

Standard Chartered has maintained its forecast that Ether will reach $4,000 by the end of 2026. The bank said in a report on May 28, as cited by The Block, that Ether's current price action resembles Amazon.com Inc.'s stock performance during the 200

The US and Iran have reportedly reached a 60-day ceasefire agreement. Axios reported on May 28 that US and Iranian negotiators agreed to a 60-day ceasefire and a framework for nuclear talks. The deal is still awaiting final approval from President Do

Grayscale has suspended its initial public offering plan as the cryptocurrency bear market drags on. CoinDesk reported on May 28 that Grayscale recently paused work on the IPO. Citing sources, the outlet said the process is unlikely to restart before

The US has warned major economies not to pay transit fees to Iran for passage through the Strait of Hormuz, BlockBeats and other outlets reported on May 28. US Treasury Secretary Scott Bessent said some companies and countries were warned that day no

U.S. economic growth in the first quarter was revised down to 1.6% from 2.0%. The Commerce Department said on May 28 its second estimate showed U.S. gross domestic product rose at an annualized 1.6% rate in the first quarter. That was 0.4 percentage

US initial jobless claims came in above market expectations last week. The Labor Department said on May 28 that initial claims for unemployment benefits totaled 215,000 last week. That was 4,000 higher than economists’ forecast of 211,000 and up 5,00