Crypto’s optimism isn’t just hype; it’s a structural feature. Even as global shocks and policy shifts rattle traditional markets, digital assets consistently show greater emotional resilience. Opinion by: Oleksandr Lutskevych, Founder and CEO of CEX.io Bitcoin markets have consistently shown greater emotional resilience than traditional equities during multiple global shocks. While some on Wall Street found this “impressive” during the “Liberation Day” sell-off on April 2, such optimism isn’t a glitch — it’s a pattern that extends across digital assets. Read more
President Kassym-Jomart Tokayev announced plans to build “CryptoCity,” aiming to establish a regulatory sandbox for digital assets. Kazakhstan plans to launch “CryptoCity,” a pilot zone where cryptocurrencies can be used to pay for goods and services, the country’s President Kassym-Jomart Tokayev, said. according to a May 29 announcement on the official website of President . Speaking at the Astana International Forum 2025, Tokayev said the pilot zone will be used to explore cryptocurrency adoption within a regulated sandbox environment. “We are planning to create a pioneering pilot zone called CryptoCity where cryptocurrencies might be used for purchasing goods, services, and even beyond,” he said in his remarks, a transcript of which was published on the president’s official website. Read more
Crypto exchange terms of services you agreed to, but never read, prevent class actions and limit liability if your data or funds are stolen. Coinbase is facing a flurry of lawsuits after disclosing a data breach that compromised nearly 70,000 customer accounts, with estimated losses reaching as high as $400 million. The exchange says overseas customer support agents were bribed into helping scammers gain unauthorized access to user data in December. The company disclosed the attack to the public in May. There were some reports that Coinbase had updated its user agreement just before announcing the breach, with critics accusing the company of adding an arbitration clause that limits class actions. Coinbase maintains that a class action waiver has long been part of its terms. Read more
Address poisoning attacks involve tracking, misusing or compromising cryptocurrency addresses. Address poisoning involves sending small transactions from wallet addresses that closely resemble a legitimate one, tricking users into copying the wrong address when making future transactions. Common techniques include phishing, fake QR codes, Sybil attacks, smart contract manipulation, and clipboard malware. Address poisoning has led to over $83 million in confirmed losses. Victims include individual users and DeFi platforms. Read more
sBUIDL can be used as collateral, traded or deployed in DeFi protocols while maintaining exposure to yield from underlying Treasurys. SBUIDL is BlackRock’s first tokenized fund with native decentralized finance (DeFi) capabilities. SBUIDL is the DeFi-compatible version of BlackRock’s $1.7-billion tokenized money market fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). BlackRock’s sBUIDL fund is more than just a digitized version of a treasury; it’s a glimpse into a future where traditional finance flows through decentralized pipes. Read more
A crypto trader profited over $27 million on decentralized exchange Hyperliquid after placing high-leverage, all-long bets during a major market rally. A Hyperliquid trader has pulled off an explosive and high-risk trading run, turning a $3 million deposit into $27.5 million in profit in just 52 days. Between April 7 and April 9, the trader deposited nearly $3 million on the platform and placed aggressive leveraged bets, going fully long on various crypto assets. Hyperliquid allows users to trade perpetual futures onchain without custodians or intermediaries. The trader went all-in on long positions, betting that crypto prices would increase. The trader used different leverage levels for various assets, meaning that for each dollar they put in, they were controlling more value. Read more
Hidden Road’s clients in the US can now trade cash-settled OTC swaps across major crypto assets, marking one of the first product launches following its acquisition by Ripple. Ripple’s newly acquired prime broker, Hidden Road, has launched cryptocurrency swaps for institutional investors in the United States. The service allows US institutional clients to trade cash-settled over-the-counter (OTC) swaps across multiple major crypto assets, Hidden Road announced on May 28. The new OTC swap product is offered by Hidden Road Partners, the company’s entity regulated by the United Kingdom’s Financial Conduct Authority (FCA). Read more