YM Lee

Mass Hack Suspected as Dormant Ethereum Wallets Are Drained to Single Address

Suspicious transactions have been detected on the Ethereum network after long-inactive wallets were drained at the same time. Coin Bureau said on May 1 that assets from hundreds of wallets on the Ethereum mainnet, including some that had been dormant

US Senate Unanimously Bans Lawmakers, Staff From Prediction-Market Bets

The U.S. Senate has unanimously barred senators and their staff from participating in prediction-market betting. The chamber passed the resolution unanimously, and the rule took effect immediately, Cointelegraph reported on May 30. The measure is int

US Spot-Bitcoin ETFs See $490 Million in Outflows Over Three Days, Signaling Weaker Institutional Demand

US-listed spot-Bitcoin exchange-traded funds posted about $490 million of net outflows over the latest three trading days, signaling weaker institutional demand. Cointelegraph reported on May 30 that spot-Bitcoin ETFs listed in the US recorded total

Oobit Launches USDT Virtual Visa Cards for AI Agents

Oobit, a Tether-backed crypto wallet startup, has launched a virtual Visa card service for artificial intelligence agents. Cointelegraph reported on April 30 that Oobit introduced "Agent Cards," which allow AI agents to make online payments directly

Israel Bolsters Readiness for Renewed Iran Conflict, Watches for Possible US Military Action

Israel is tightening its alert posture as it prepares for the possibility of renewed military conflict with Iran. Channel 12 reported on May 30 that the Israeli government is focusing its discussions on response measures amid the possibility that cea

UK FCA Unveils Fund Tokenization Guidelines to Support Asset-Management Innovation

The UK Financial Conduct Authority has released guidelines on fund tokenization. In a statement issued May 30, the FCA said the guidance is aimed at giving asset managers clear standards for using distributed ledger technology, or DLT, within the exi

Stablecoins Overtake Bitcoin as Top Crypto Purchase in Latin America

Stablecoins have overtaken Bitcoin as the most purchased crypto asset in Latin America. Cointelegraph reported on May 30 that Latin American crypto exchange Bitso said in a report that 40% of all crypto purchases in 2025 went to dollar-pegged stablec

Hegseth Calls Himself Longtime Bitcoin Backer, Says It Can Extend National Influence

US Defense Secretary Pete Hegseth voiced support for Bitcoin. Watcher.Guru reported on May 30 that Hegseth described himself as a "longtime Bitcoin supporter" and agreed that Bitcoin could serve as a tool to expand national influence.

Bitcoin Repeatedly Hits Profit-Taking Wall Near $77,000, Signaling Slower Momentum

Bitcoin is showing signs of fading momentum as repeated profit-taking emerges near $77,000. Cointelegraph reported on May 30 that Bitcoin has made several attempts over the past week to break above $77,000, but each rally has met resistance. The toke

Arbitrum DAO Votes to Release 30,766 ETH Frozen After KelpDAO Hack for DeFi United

Arbitrum DAO is voting on a proposal to allocate about 30,766 Ether frozen in connection with the KelpDAO hack to the DeFi recovery initiative DeFi United. The Block reported on April 30 that the DAO had put forward a proposal to direct about 30,766

US Senate Weighs Mid-May Markup for Crypto Market Structure Bill as Trump Conflict Concerns Grow

The US Congress is moving to advance a cryptocurrency market structure bill in May. The Senate is considering a committee markup as early as mid-May for legislation that would establish a regulatory framework for the crypto industry, The Block report

Ethereum Foundation Opens EPF7 Applications to Bolster Core Protocol Development

The Ethereum Foundation is seeking to expand its core protocol developer ranks even as it maintains a tighter spending stance. Cryptopolitan reported on April 30 that the foundation had opened applications for the seventh Ethereum Protocol Fellowship

STAT to Launch Institutional AI Platform Bloomingbit Alpha in Late June After Private Testing

Developed jointly with Hankyung Bloomingbit STAT, a blockchain-based data analytics company, will launch Bloomingbit Alpha, an artificial intelligence intelligence platform for institutional investors that it is developing with Bloomingbit, the digit

Fluent Unveils BLEND Token, Secures Coinbase and Bybit Listings

Fluent, a blockchain-based on-chain reputation and data infrastructure provider, has unveiled its native token, BLEND, along with a long-term roadmap. In a roadmap released through its official channels on April 28, Fluent outlined BLEND’s future rev

Institutional Inflows Lift XRP Back Above 2,100 Won

XRP is regaining momentum as institutional inflows into spot exchange-traded funds pick up. According to the crypto industry on April 26, spot XRP ETFs posted net inflows of $55.39 million this week, the largest weekly intake in about three months si

Weekly Economic, Crypto Calendar: Fed FOMC Rate Decision on Tap

[Major economic and cryptocurrency events for the week ahead] <Major economic events next week> ▶ April 27 (Mon.): △ ▶ April 28 (Tue.): △ Bank of Japan rate decision (12 p.m. Korea time) △ US April Conference Board consumer confidence index (11 p.m.

White House Dinner Shooting Suspect Identified as California Teacher, Game Developer

The suspect in the shooting at the White House Correspondents' Dinner has been identified as a California teacher and game developer. CNN reported on April 26 that investigators identified the suspect as Cole Allen, a 31-year-old Torrance, California

Trump Says Shooting Near Correspondents' Dinner Began 50 Yards Away, Vows Not to Yield

President Donald Trump held a news conference after the shooting linked to the White House Correspondents' Dinner, detailing the incident, the security response and plans to resume the event. At an April 25 briefing at the White House, Trump said an

Trump Sought to Return to White House Correspondents' Dinner, but Secret Service Stopped Him

President Donald Trump sought to return to the White House Correspondents' Dinner venue, but security officials prevented him from doing so. CNN reported on April 25 that Trump expressed a desire to go back to the event after being moved to a secure

White House Correspondents’ Dinner to Resume After Suspect Arrested

Donald Trump was evacuated from the White House Correspondents’ Dinner after a security scare during the event, though the program was set to resume after a suspect was arrested. CNN reported on April 25 that Trump was hurried off the stage at the Wa

Trump Escorted From White House Correspondents’ Dinner After Reported Gunshots

President Donald Trump was evacuated by security during the White House Correspondents’ Dinner. CNN reported on April 25 that Trump was hurried off the stage by the Secret Service during the event at the Washington Hilton in Washington after an unexp

Aave Sets Up rsETH Recovery Fund as KelpDAO Hack Response Advances

Aave has set up a recovery fund to address issues tied to rsETH and begun a coordinated response across the decentralized finance ecosystem. On April 25, Aave said on its official X account that service providers and ecosystem partners had establishe

Litecoin Hit by Zero-Day Network Disruption, Voids Trades in 13-Block Reorganization

Litecoin suffered a network disruption caused by a zero-day vulnerability, but resolved the issue through a chain reorganization. On April 25, Litecoin said on its official X account that a denial-of-service, or DoS, attack stemming from a zero-day b

US Warns of Chinese ‘Industrial-Scale’ AI Theft, Plans Joint Response With Private Sector

The US government is stepping up its response after describing attempts by Chinese companies to steal artificial intelligence technology as operating on an "industrial scale." The White House Office of Science and Technology Policy said China-based c

Morgan Stanley Launches Stablecoin Reserve Product Offering Yield Through MMF

Morgan Stanley is expanding its push into digital assets with a reserve management product for stablecoin issuers. Cointelegraph reported on April 23 that Morgan Stanley Investment Management launched the Stablecoin Reserves Portfolio. The product al

Wisconsin Sues Kalshi, Coinbase, Polymarket Over Prediction Markets

Wisconsin has sued major prediction-market platforms including Coinbase and Polymarket, arguing that their services constitute illegal gambling. CoinDesk reported on April 24 that Wisconsin prosecutors filed suit against Kalshi, Coinbase, Polymarket,

Brent Crude Rises Above $105 as Hormuz Closure Extends Oil Rally

Oil prices extended gains as Middle East tensions persisted and the closure of the Strait of Hormuz stoked concerns over supply disruptions. CNBC reported on April 24 that Brent crude rose 1.25% from the previous session to $105.38 a barrel. West Tex

Kosdaq Breaks Above 1,200 for First Time, Rises 2.23%

South Korea’s Kosdaq extended its rally on April 24, breaking above the 1,200 mark for the first time. The index rose 26.14 points, or 2.23%, from the previous session to 1,200.45, setting a record high. It advanced from the opening bell and crossed

Cardano Shifts Development Control to Community, Puts $38.9 Million Roadmap to Vote

Cardano is shifting development control to its community and putting a $38.9 million roadmap budget to a vote. Blocknews reported on April 23 that Input Output Global, or IOG, had unveiled nine funding proposals covering development plans through 203

Altcoins Could Jump as Much as 60% if Bitcoin Regains $86,000

Bitcoin reclaiming the $86,000 level could also fuel a rebound in the altcoin market, according to market analysis. Cointelegraph reported on April 24 that Michael van de Poppe, founder of MN Trading Capital, said the current rally still has room to