Crypto Headlines

🤦‍♂️ chia:native Interesting read on Americus Trusts and the “legacy” for Permuto Capital. But calling it a helpful precedent feels dangerously optimistic. IRS approved Americus as grantor trusts… then reversed in 1984 and imposed double taxation. Game over. Article admits that was the killer. So why assume Permuto’s Section 7704 “qualifying income” partnership is untouchable when the IRS has already changed its mind on identical unbundling products? If demand was truly huge (10% of AMEX volume in 1991), why has literally NO ONE successfully revived single-stock unbundling in 35+ years? Market voted: ETFs, options, covered calls, and structured products won. Permuto’s “perpetual + simpler valuation + Chia” improvements don’t change that. @hoffmang Stop messing with people's brains. The value of your token speaks for itself.

Scammers stole approximately $400,000 by running fraudulent ads impersonating the Uniswap $UNI protocol in Google search results, according to Cointelegraph.

OKX's X Layer network has launched Exchange OS, a new platform that lets users create custom cryptocurrency markets.

Hyperliquid $HYPE's HYPE token briefly overtook Dogecoin DOGE by market capitalization, according to CoinDesk, marking a notable milestone for the relatively young DeFi protocol. Meanwhile, privacy-focused crypto assets saw declines amid escalating tensions between the US and Iran.

Render $RENDER RNDR on-chain activity surged in late May, according to Santiment. The price of RNDR crossed $2.25 for the first time in four months, while daily active addresses reached 394 and new wallets hit 118 — the highest figure in 12 weeks.

The U.S. military has carried out what it described as "defensive strikes" against targets in southern Iran, hitting Iranian boats allegedly attempting to lay mines in the Strait of Hormuz and missile launch sites in the south of the country. The strikes come as negotiations between the U.S. and Iran over a potential deal and ceasefire extension are still ongoing.

$BTC is holding around $76,500 as trading activity slows, suggesting markets are in a wait-and-see mode ahead of upcoming macroeconomic data, according to CoinDesk.

An $ETH whale identified as nemorino.eth spent $16.74 million to accumulate 7,908 ETH at an average price of $2,117.46. The purchase was executed via the CoW Swap protocol and was partly funded by $5 million in DAI borrowed against collateral through Spark.

North Korea's Lazarus Group is targeting crypto companies and banks with a new malware strain called RemotePE, according to Cryptopolitan. The malware operates exclusively in RAM, allowing it to evade antivirus detection.

Binance $BNB Chain has launched the "Agent Survival Pack," a toolkit featuring six integrations designed to embed crypto payments into AI agent workflows. The solution enables automated settlements in BEP-20 standard tokens over BNB Smart Chain, replacing credit cards and API keys as the payment method for AI services and physical merchant transactions.

Kelp has completed the operational phase of its rsETH recovery plan. A total of 116,000 rsETH was deposited into the OFT adapter, with the final batch of approximately 20,374 rsETH transferred in coordination with $AAVE. Minting and withdrawal functions are now operating normally.

The $ETH Foundation's Kohaku initiative has introduced an SDK that lets privacy protocols integrate directly into wallet interfaces without intermediaries. The SDK enables protocols such as Railgun and Tornado Cash to connect through the ERC-4337 mempool, allowing users to access on-chain privacy features natively within their wallets rather than through separate front-ends or third-party services.

A whale that had been dormant for 8 months opened a 2x long position on 2,839 $ETH and a 2x short position on 94,101 HYPE, with the combined positions valued at $11.75 million. The same wallet had previously sold its HYPE tokens before going inactive.

Babylon has proposed integrating native $BTC as collateral in AAVE V4 through its Babylon Trustless Bitcoin Vaults protocol. The integration would not require cross-chain bridges, custodians, or wrapped tokens, instead locking assets directly in Taproot UTXOs on the Bitcoin network.

Santiment reports that market sentiment toward $XRP has turned sharply negative again, with the ratio of bullish to bearish comments falling to 1.1 to 1. Analysts note that historically, periods of elevated fear and skepticism among traders have often acted as a contrarian signal, preceding price stabilization or a short-term recovery.

According to Bubblemaps, Garrett Jin could have been up $70 million in total PNL had he never traded $ETH — instead, his all-time PNL stands at -$128 million. The breakdown: roughly +$100 million from BTC shorts, offset by more than $200 million in losses on ETH longs. Garrett Jin is the former head of the BitForex exchange. On-chain analysts have identified him as the "Bitcoin OG" whale and suggest he may have insider connections to the U.S. government and the Trump family.

Donald Trump says Iran's enriched uranium must either be immediately transferred to the United States for removal and destruction, or — preferably — destroyed in place in coordination with Iran. He added that the process must take place in the presence of the Atomic Energy Commission or a similar body.

Top token unlocks scheduled for May 25–31: GUA at $27.71M, H at $25.36M, XPL at $7.30M, $SAHARA at $4.74M, UDS at $4.72M, OP at $4.18M, and HUMA at $3.26M.

Michael Burry has criticized the SEC's reported plan to introduce an "innovation exemption" that would allow tokenized versions of traditional stocks — including Apple $AAPL, Tesla TSLA, and Nvidia NVDA — to be traded on crypto platforms while the regulator works on permanent rules. Burry warned that legitimizing a new layer of crypto-equities could push financial markets toward a fully digital infrastructure where access to capital becomes increasingly algorithm-dependent. He invoked Neal Stephenson's dystopian novel "Snow Crash" as a reference point, suggesting markets risk drifting into a cyberpunk future where digital systems replace real economic relationships. His bottom line: "Regulators have one job — not to open terrible doors."

Markets need liquidity. ZEC had it from the very beginning. It always had it plus support from the Winklevoss twins and Gemini. This would take too long to explain here, so go study the issue yourself. Even if $XCH grows 10x, very few people will break even. I agree with you that any token can surprise. But XCH has already failed as an idea a long time ago. The failure has already happened. Even if they launch Permuto, the impact on the token price will be modest. The selling will be massive. There will be a squeeze and then another dump. I like the Permuto idea. I never said the idea is shit. And my posts were specifically about the fact that the SEC is currently against products like this, according to the Bloomberg insider.

@CryptoHe4dlines @hoffmang @ChiaMojo Markets can change quickly. I remember when $ZEC looked like the chart below two years ago. This thread exemplifies how few people understand the technology that underpins the chia blockchain. Not financial advice, but that asymmetry presents an opportunity in my opinion

🤦‍♂️ chia:native Interesting read on Americus Trusts and the “legacy” for Permuto Capital. But calling it a helpful precedent feels dangerously optimistic. IRS approved Americus as grantor trusts… then reversed in 1984 and imposed double taxation. Game over. Article admits that was the killer. So why assume Permuto’s Section 7704 “qualifying income” partnership is untouchable when the IRS has already changed its mind on identical unbundling products? If demand was truly huge (10% of AMEX volume in 1991), why has literally NO ONE successfully revived single-stock unbundling in 35+ years? Market voted: ETFs, options, covered calls, and structured products won. Permuto’s “perpetual + simpler valuation + Chia” improvements don’t change that. @hoffmang Stop messing with people's brains. The value of your token speaks for itself.

@chiographer @mondomonkey @hoffmang @ChiaMojo How many bot accounts does the Chia team still have left?) All the positive comments are coming from bots 😃

@CryptoHe4dlines @mondomonkey @hoffmang @ChiaMojo ...dude, you're doing art therapy to work through your pain....