Coinpaper

🚨NEW: Tom Lee’s Bitmine Immersion Technologies has made its largest #Ethereum purchase of 2026, buying 111,942 ETH during the recent market pullback. Lee says he still expects a major #crypto and Ethereum “supercycle” driven by tokenization and #AI agents.

🚨NEW: Bankless co-founder David Hoffman says he sold the remainder of his $ETH holdings because he believes the “ETH is Money” thesis has largely “played out.” He said #Ethereum achieved the valuation it deserves, but the opportunity for a major market rerating may be fading.

The #crypto starter pack:

👀 INTERESTING: #OpenZeppelin co-founder Manuel Aráoz says he now considers “all of #DeFi” unsafe. Aráoz revealed that he has personally advised friends and family to exit even lower-risk positions in major protocols like #Aave, #MakerDAO, and Compound.

📣 LATEST: #Robinhood’s $180 million acquisition of Canadian crypto platform #WonderFi has officially cleared its final regulatory hurdle. The deal is now expected to close on June 1, and allows Robinhood to push deeper into international #crypto markets.

🧠 NEW: Liquid has launched Co-Invest, a new #ChatGPT and #Claude app that allows users to fund accounts, analyze markets, and execute live trades directly inside #AI assistants. The platform supports #crypto, equities, forex, prediction markets, and more across 500+ markets.

🔥 NEW: #Binance says it is pursuing a formal market-entry strategy in the Philippines alongside BlockShoals Technologies. Under the partnership, Binance will provide technology and compliance support while BlockShoals acts as the locally approved intermediary.

⚖️ LEGAL: Former #Hodlnaut CEO Zhu Juntao has been charged in Singapore with six counts of fraud tied to statements allegedly made after the 2022 #Terra ecosystem collapse.

📣 LATEST: #Bitwise has launched a new exchange-traded product tied to Canton Network’s native token. The BWCC product began trading on Deutsche Börse Xetra and gives investors exposure to the privacy-enabled institutional #blockchain backed by firms like Goldman Sachs.

👀 INTERESTING: #Cardano founder Charles Hoskinson offered rare praise for #XRP, calling it a stronger “Web2.5” product than stablecoin giants #Tether and #Circle. He values XRP’s open-access model because developers can build on the XRP Ledger without Ripple’s permission.

🚨WATCH OUT: Scammers are using #Google ads to impersonate #Uniswap in a phishing campaign that already stole at least $400,000 from #crypto users. Researchers say the fake sponsored links direct victims to malicious websites designed to drain wallets.

Progress. #crypto

🚨NEW: Wallets linked to #Ripple co-founder Chris Larsen resumed on-chain activity ahead of Tuesday’s Texas Democratic primary runoff. The move attracted some attention because of Larsen’s history of major $XRP transfers during key political and market moments.

💔 Nathan Allman, founder and CEO of #OndoFinance, has passed away at the age of 32. Ondo described Allman as a visionary whose work helped shape the future of blockchain #tokenization and open financial infrastructure.

💵 INTERESTING: According to Follow the Crypto, #crypto-linked PAC spending for the 2026 #election cycle already surpassed $245 million, with significantly more support flowing toward Republicans than Democrats.

🚨WATCH OUT: #Blockaid says an active exploit targeting the SquidRouterModule on #Ethereum and #Base drained 86 Gnosis Safes in roughly two hours. Researchers estimate the losses at around $3 million.

🚨NEW: Indonesia has blocked access to #Polymarket after the platform hosted wagers on whether President Prabowo Subianto would leave office before his term ends.

📣 NEW: #Tether plans to launch $GELT, a new #stablecoin representing the Georgian lari with support from the Georgian government. The company says the stablecoin will focus on faster payments, lower transaction costs, and programmable financial infrastructure.

🚨LATEST: #Strategy has paused its Bitcoin buying. Michael Saylor said the firm “bought bonds instead of #Bitcoin this week”

Vitalik Buterin: The #Ethereum Foundation will prioritize long-term survival over expansion and plans to sell less ETH going forward. Buterin also said that the foundation is only one part of Ethereum and that his own influence in the organization will continue decreasing👀