Author: John Smith

BitMine Immersion Technologies now controls 5,390,404 ETH—around 4.47% of Ethereum’s total supply—after quietly accelerating its “5% Alchemy” accumulation strategy to within striking distance of its self-imposed goal. Summary BMNR reports holding 5.39 million Ethereum (ETH) at an average entry of $2,134, plus $444 million in cash, for combined crypto, cash and “moonshot” assets of $12.3 billion. The company says it has staked roughly 4.71 million ETH—worth about $10.1 billion at recent prices—with expected annual staking income of $276 million at a 2.75% annualized yield. One listed corporate treasury now controls a low-single-digit slice of Ethereum’s supply and an even larger…

Binance has partnered with BlockShoals Technologies as it seeks a regulated path back into the Philippines.  Summary Binance partnered with BlockShoals, an approved participant under the Philippine SEC’s StratBox sandbox framework. BlockShoals will act as the approved local intermediary while Binance provides technology and compliance support. Binance remains blocked in the Philippines after the SEC raised licensing concerns in 2024. The exchange said on May 26 that the partnership will operate under the Philippine Securities and Exchange Commission’s Strategic Sandbox, also known as StratBox. BlockShoals is a Philippine-registered company approved under the SEC’s Crypto Asset Intermediary framework within the sandbox…

For most of Pi Network’s history, the same question has dominated community discussion: when do the biggest exchanges list PI? The answer has been arriving in pieces. Kraken began spot trading on March 13, 2026. OKX opened US access three days ago. Coinbase has said nothing. Binance ran a community vote in early 2025 and never acted on it, and the reasons why are now becoming clearer.  Summary Kraken listed PI for spot trading in March 2026, giving Pi Network its first major U.S.-regulated exchange listing. OKX opened PI access to U.S. users in May, strengthening Pi’s tier-1 exchange exposure…

Kelp DAO has completed the operational phase of its rsETH recovery plan more than five weeks after the Ethereum liquid staking protocol lost $293 million in a hack that investigators linked to North Korea’s Lazarus Group. Summary Kelp DAO has completed the final operational step in its rsETH recovery plan after April’s $293 million exploit linked to Lazarus Group. Aave’s lending markets are still recovering after attackers used stolen rsETH as collateral to borrow wrapped Ether and leave nearly $190 million in bad debt. According to a Monday statement posted by Kelp DAO on X, the protocol transferred the final…

OKX’s Ethereum-compatible Layer 2 network X Layer has introduced Exchange OS, a protocol upgrade that lets developers, institutions, and ecosystem teams deploy their own trading venues.  Summary X Layer launched Exchange OS to let developers create spot, perpetual, and outcome markets. The first venue will test 2026 World Cup outcome markets when it launches in June. Related reports show OKX has expanded X Layer through Aave, Uniswap, and payment tools. The system supports spot markets, perpetual markets, and outcome markets using infrastructure tied to OKX’s exchange stack. The X Layer team said “Exchange OS is designed to address one of…

Chris Larsen’s XRP wallets have resumed on-chain activity ahead of Tuesday’s Texas primary runoff. Summary Ripple co-founder Chris Larsen’s associated XRP wallets have shown renewed activity, coming ahead of Tuesday’s Texas Democratic primary runoff election. Larsen is estimated to hold approximately 2.58 billion XRP across eight wallets tracked on XRPScan, making his holdings one of the largest known individual XRP positions. XRP was trading near $1.35 at time of writing, with today’s activity following $109 million in Larsen-linked wallet transfers to exchanges recorded in January 2025. Ripple co-founder Chris Larsen’s associated wallets have resumed on-chain activity, according to blockchain data,…

Paul Graham, co-founder of Y Combinator, says Warren’s anti-crypto crusade was a ‘pure own-goal’ for Democrats. Summary Paul Graham posted on X that Senator Elizabeth Warren’s campaign against crypto was a “pure own-goal” that damaged Democrats without slowing the industry’s growth. Warren did not seek reelection in 2026 as crypto gained mainstream political and institutional acceptance under a more favourable US regulatory regime. Graham previously called former SEC Chair Gary Gensler’s approach “really stupid,” saying legitimate companies were stonewalled while actual frauds like FTX continued to operate freely. Y Combinator co-founder Paul Graham posted on X that Senator Elizabeth Warren’s…

A crypto PAC affiliated with Fairshake has poured $5 million into a Texas congressional runoff ahead of Tuesday’s vote. Summary Protect Progress spent $5 million supporting Christian Menefee and $2.8 million opposing Al Green in Tuesday’s Texas 18th District runoff. The Kalshi prediction market puts Menefee’s odds at 91% and Paxton’s at 96% in the parallel Texas Senate runoff, where total betting volume exceeded $16 million. Green voted against the GENIUS Act and the Clarity Act and holds an F grade from Stand With Crypto, making his seat a direct target for Fairshake’s $193 million 2026 war chest. Protect Progress,…

SHIB futures netflow plunged 306% as outflows exceeded inflows, according to CoinGlass derivatives data. Summary CoinGlass data shows SHIB futures netflow dropped 306%, with outflows exceeding inflows as derivatives traders reduced exposure to the meme token. Open interest in SHIB futures stands at $61.2 million, while approximately $42,485 in SHIB positions were liquidated in the latest 24-hour session. SHIB was trading near $0.00000575 at time of writing, down approximately 54% over the past 12 months and 3.7% over the past week. CoinGlass tracked SHIB futures netflow dropping 306%, with the total value of SHIB leaving derivatives exchange wallets outpacing inflows.…

CoinQuant trading platform has expanded its architecture to serve both human traders and autonomous AI agents. Summary CoinQuant, with over 15,000 users since launch, is expanding its no-code AI trading platform into a unified intelligence architecture designed for autonomous AI agents. The platform converts plain-English strategy descriptions into complete trading systems covering entries, exits, position sizing, and risk rules, with tick-level backtesting. The expansion targets the emerging agent economy, where AI agents settled $73 million across 176 million blockchain transactions in the twelve months through April 2026. CoinQuant announced the expansion of its no-code trading platform into a unified trading…