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Day: May 31, 2025

Sui community approves release of $162M in tokens frozen during Cetus hack

Sui community approves release of $162M in tokens frozen during Cetus hack

May 31, 2025

Validators representing nearly 91% of Sui stake approved an on-chain proposal to release about $162 million seized during last week’s Cetus exploit,…

Coinbase says FTX repayments could become a $5B market injection

Coinbase says FTX repayments could become a $5B market injection

May 31, 2025

Coinbase analysts believe that the $5 billion repayment round initiated by the FTX Recovery Trust could function as a significant injection of liquidity…

Binance’s CZ-Inspired TST Token Crashes after Whale Dumps Nearly $7 Million

Binance’s CZ-Inspired TST Token Crashes after Whale Dumps Nearly $7 Million

May 31, 2025

TST’s value plummeted over 40% almost instantly after an anonymous whale sold $6-7 million worth of the token. The asset’s…

Meta shareholders reject Bitcoin treasury bid in landslide vote

Meta shareholders reject Bitcoin treasury bid in landslide vote

May 31, 2025

Meta Platforms shareholders rejected a measure that urged the company to add Bitcoin (BTC) to its $72 billion cash pile, voting…

Brazilian Fintech Méliuz Launches Share Offering to Stack More Bitcoin

Brazilian Fintech Méliuz Launches Share Offering to Stack More Bitcoin

May 31, 2025

In brief Méliuz sent its shares tumbling over 8% Friday after the Brazilian fintech announced a primary share offering aimed at raising…

REX pushes ETH and SOL staking ETFs via rare C-Corp as SEC softens stance

REX pushes ETH and SOL staking ETFs via rare C-Corp as SEC softens stance

May 31, 2025

REX Shares filed an immediately effective prospectus to list two exchange-traded funds (ETFs) that will hold and stake Ethereum (ETH)…

Solana to get first Kaito-like mindshare leaderboard

Solana to get first Kaito-like mindshare leaderboard

May 31, 2025

Anyone spending time on Crypto Twitter recently has been sure to run into users trying to farm positioning on some…

US Treasury sanctions Philippines tech firm over aiding $200 million pig butchering spree

US Treasury sanctions Philippines tech firm over aiding $200 million pig butchering spree

May 31, 2025

The US Treasury Department imposed sanctions on Funnull Technology Inc., a Philippines-based tech firm accused of facilitating hundreds of thousands of online…

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