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Coinbase has been sued in California federal court by a Puerto Rico-based plaintiff seeking the return of crypto allegedly tied to a $55 million DAI phishing theft from August 2024.

US Senator Kirsten Gillibrand said lawmakers could vote on the CLARITY Act before the August recess if Congress resolves concerns surrounding ethics, consumer protections and illicit finance provisions.

Project Eleven CEO Alex Pruden said Bitcoin developers should stop waiting for certainty around quantum-computing timelines and begin implementing post-quantum cryptographic protections now.

The White House is preparing to unveil new details on the US Strategic Bitcoin Reserve in the coming weeks as the Trump administration advances plans for managing federally held Bitcoin assets.

Law enforcement has frozen more than $41 million linked to suspected crypto Ponzi scheme BG Wealth Sharing, which is believed to have caused losses exceeding $150 million.

Anchorage has launched an “agentic banking” platform enabling AI agents to access and move funds across traditional finance and crypto systems without human intervention.

Gustavo Petro said Colombia’s Caribbean coast could become a hub for Bitcoin mining by leveraging the country’s surplus renewable energy.

State Street said institutional investors are demanding stronger blockchain security following a surge in decentralised finance exploits.

Bullish has agreed to acquire Equiniti for $4.2 billion as it expands into tokenised securities and 24/7 trading infrastructure.

Coinbase will cut about 14% of its workforce, or roughly 700 jobs, as it restructures operations amid a market downturn and a shift toward artificial intelligence.

Space and Time has launched a virtual vault system designed to support institutional onchain lending with real-time collateral verification.

Rising political spending by crypto and AI groups is colliding with growing public scepticism, as a Politico poll shows 45% of Americans believe crypto investing is not worth the risk.

Senior executives from Mastercard, Crypto Council for Innovation and Clerisy said diversity in product, policy and hiring decisions can materially influence outcomes across the crypto industry.

Kaiko said trading data suggests some participants may have positioned ahead of token listings on Robinhood.

Tennessee Bankers Association has named Stablecore as a preferred provider to help regional banks roll out crypto-related services.

Iggy Azalea is facing a US class-action lawsuit alleging she misled investors about the utility and development of her memecoin Mother Iggy (MOTHER).

Kraken said it is “about 80% ready” to go public as it rolls out a partnership with MoneyGram to improve crypto-to-cash access.

KelpDAO has accused LayerZero of responsibility for a $292 million exploit and said it will rebuild its cross-chain infrastructure using Chainlink, according to a statement posted on X on Tuesday.

CME Group plans to launch Bitcoin volatility futures on June 1, offering traders a way to bet on price swings rather than the direction of Bitcoin.

Bernstein reiterated an “Outperform” rating on Figure Technology Solutions, citing a potential $4 trillion market for tokenised credit as the firm expands beyond traditional lending.

Steven Horsford said his bipartisan PARITY Act offers a “durable floor” for crypto tax policy as broader legislation stalls in the US Senate.

The South Korean won accounts for about 30% of global crypto spot trading in 2026, making it the second-largest fiat market after the US dollar, according to Kaiko.

Executives from PayPal, Robinhood, Public.com and 248 Ventures said transparency and user control, not technology alone, are key to driving crypto adoption.

Forward Industries and RockawayX co-led a $5 million funding round for OnRe to build onchain reinsurance infrastructure on Solana.