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BoJs official: Financial conditions remain easy in Japan, underpinning economic activity

Finance　　BoJs official: Financial conditions remain easy in Japan, underpinning economic activity　　A Bank of Japan (BoJ) official told Parliament during the Asian session on Wednesday that financial conditions in Japan remain easy, backing strong economic activity, a scenario that leaves room for tightening monetary conditions further.　　Additional remarks　　Japans job, income conditions improving moderately.　　Japans real, long-term rate level remains negative in short-, medium-term zone that has biggest effect on economic activity.　　Rising long-term rates do push up corporate borrowing costs but must be considered in tandem with fact corporate profits remain at high levels.　　Market reaction　　No major impact seen in the Japanese Yen (JPY) after comments from a BoJ official. As of writing, USD/JPY trades marginally lower to near 159.25.

05-27

Kelp DAO Restores rsETH After $293M Hack, Completes Recovery

Kelp DAO has fully restored the backing for its liquid restaked token, rsETH, five weeks after a $293 million exploit compromised the protocol‘s cross-chain bridge infrastructure. The incident, attributed to North Korea’s Lazarus Group, caused significant disruption across the decentralized finance (DeFi) ecosystem.　　The final tranche of 20,373.7 rsETH was transferred on May 25 to the LayerZero smart contract responsible for managing the token‘s cross-chain activity. This marks the completion of Kelp DAO’s recovery plan, which relied heavily on community and industry contributions. According to Kelps post on X (formerly Twitter), rsETH mints, redemptions, and rewards operations have resumed normal functionality.　　The hack on April 18 exploited vulnerabilities in Kelps LayerZero-powered bridge, enabling the fraudulent minting of 116,500 rsETH—valued at approximately $292–$300 million. The attack disrupted liquidity in DeFi markets, with Aave suffering particularly severe impacts as the attacker leveraged stolen rsETH as collateral. This resulted in $190 million in bad debt for Aave and catalyzed net outflows that halved its total value locked (TVL) from $26.4 billion to under $14 billion, according to DefiLlama data.　　Industry-Wide Recovery Efforts　　In the wake of the exploit, Kelp DAO launched a comprehensive recovery initiative backed by over $300 million in pledges from DeFi protocols and organizations

05-27

Grayscale: SpaceX Expected to Become Largest Public Company Holding Bitcoin

Grayscale says Elon Musks SpaceX could become the most valuable public company holding bitcoin after its expected IPO, while Strategy would likely remain the largest holder by $BTC amount. Its S-1 filing lists 18,712 $BTC under digital assets.　　Key Takeaways:Grayscale said Elon Musks SpaceX could become the most valuable public company holding bitcoin.Diversified businesses may increase $BTC allocations as treasury-focused firms dominate current rankings.SpaceXs IPO could expand investor visibility into corporate bitcoin balance-sheet strategies.　　SpaceX IPO Could Reshape Corporate Bitcoin Rankings　　Crypto asset manager Grayscale Investments said in a blog post on May 26 that Elon Musk‘s SpaceX is poised to become the most valuable public company holding $BTC, after its expected initial public offering (IPO) in June. Michael Saylor’s Strategy would likely remain the largest public-company bitcoin holder by $BTC amount. SpaceX owns 18,712 $BTC, based on its registration statement (S-1 filing) with the U.S. Securities and Exchange Commission (SEC).　　Grayscale Head of Research Zach Pandl divided corporate bitcoin holders into two categories. Digital asset treasuries (DATs) primarily exist to provide investors with $BTC exposure through public markets. Strategy is the largest DAT, currently holding 843,738 $BTC. Diversified businesses, by contrast, hold bitcoin alongside operating businesses as part of broader treasury management. Musks

05-27

BitMine’s $5m ETH bet makes Ethereum’s decentralization look fragile

BitMine Immersion Technologies now controls 5,390,404 ETH—around 4.47% of Ethereums total supply—after quietly accelerating its “5% Alchemy” accumulation strategy to within striking distance of its self-imposed goal.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 Ethereums supply and an even larger share of its active validator set, raising uncomfortable questions about network governance and consensus capture.　　As of May 25, BitMine Immersion Technologies says its treasury has reached 5,390,404 ETH held at an average acquisition price of $2,134, representing 4.47% of Ethereum‘s roughly 120.7 million coin supply. According to the company’s latest release, that stash sits alongside 203 BTC, $200 million in Beast Industries equity, $95 million in Eightco Holdings “moonshot” exposure and $444 million in cash, bringing total crypto, cash and moonshot assets to $12.3 billion.　　BMNR frames this as progress toward what chairman Tom Lee has branded the “Alchemy of 5%”—a plan to acquire roughly

05-27

Tom Lees Bitmine (BMNR) bought $237 million worth of ether (ETH) last week

Bitmine Immersion (BMNR), the Ethereum treasury firm helmed by chairman Tom Lee, ramped up purchases again, making its biggest haul since December.　　The company said Monday it bought 111,942 ether (ETH) last week, worth around $237 million at current prices. That lifted the firm‘s holdings to almost 5.4 million ETH, about 4.47% of Ethereum’s circulating supply.　　The purchase marks a renewed acceleration in Bitmines buying pace after Lee said earlier in May at Consensus 2026 in Miami that the company planned to slow weekly accumulation. The shift happened as the firm aims to take advantage of ETH sliding from $2,400 in early May and April to near $2,100.　　“We continue to steadily acquire ETH,” Lee said in the statement. “We view the recent pullback of ETH to below $2,200 as an attractive opportunity.”　　Lee added that the firm is expected to reach its goal to corner 5% of ethers supply later in 2026.　　Bitmines total crypto and cash holdings stand at $12.3 billion, according to the report. The company also holds 203 bitcoin, $444 million in cash and equity stakes including investments in Beast Industries and Eightco Holdings.　　The firm said it has staked more than 4.7 million ETH — about 87% of its holdings —

05-27

Ex-Hodlnaut CEO Charged For False Statements on TerraUSD Exposure

Tech　　Ex-Hodlnaut CEO Charged For False Statements on TerraUSD ExposureEx-Hodlnaut CEO Zhu Juntao faces charges over misleading TerraUSD exposure claims.Zhu falsely claimed Hodlnaut had no direct UST exposure after the 2022 collapse.Zhu could face up to 20 years in prison amid scrutiny of failed crypto lenders.　　Former Hodlnaut Chief Executive Officer (CEO) Zhu Juntao (Zhu) is facing six charges of fraud by false representation for allegedly misleading users about Hodlnauts exposure to the TerraUSD (UST) price crash via Telegram, email, and Twitter between May and July 2022. Hodlnaut, with over 30,000 users, froze withdrawals and collapsed in August 2022 amid the broader market crash triggered by the UST depegging and Luna failure.　　Former Hodlnaut CEO Charged for False TerraUSD Claims　　On 26 May 2026, Zhu Juntao, the 36-year-old former Chief Executive Officer of the now-defunct cryptocurrency lending platform Hodlnaut, was charged in court with six counts of fraud by false representation. The charges comprise three counts under Section 424A(1)(a) read with Section 424A(3) of the Penal Code 1871, and three additional counts under the same provision read together with Section 109 of the Penal Code 1871.　　Hodlnaut was a Singapore-based crypto lending platform that served more than 30,000 users globally. It allowed customers to deposit

05-27

XRPL AMM Proposal Could Improve Liquidity for Tokenized Asset Trades

Tech　　XRPL AMM Proposal Could Improve Liquidity for Tokenized Asset TradesXRP Ledger developers have proposed a draft AMM Swappable Curves amendment to expand the networks DeFi tools.The proposal would add constant product, concentrated liquidity, and StableSwap curve options to XRPL AMM pools.The draft would let liquidity providers choose how new pools price trades when the pool is created.Existing XRPL AMM pools would remain unchanged and would not need forced migration.The upgrade could help stablecoin pairs and tokenized assets trade with better capital efficiency.　　XRP Ledger has moved closer to a DeFi upgrade that could give liquidity providers more control over how AMM pools price trades.　　The XRPL Standards repository published the draft amendment under the title “AMM Swappable Curves,” with the proposal describing a plan to add constant product, concentrated liquidity, and StableSwap curve options to the ledgers automated market maker.　　The draft was authored by XRPL core developers Denis Angell and Roman Thpt. The report said the proposal remains at the draft stage and would need a separate amendment vote before it could activate on the XRP Ledger.　　XRPL AMM Proposal Targets Liquidity Design　　According to the XRPL Standards discussion, the current XLS-30 AMM uses one constant product model with liquidity spread across the full

05-27

XRP Faces Critical Test as Uganda Genomic Pilot Meets Binance Liquidity Drought

Tech　　XRP Faces Critical Test as Uganda Genomic Pilot Meets Binance Liquidity Drought　　XRP faces a three-way test this week. An XRPL pilot in Uganda just launched, Binance spot liquidity hit a January 2020 low, and the daily chart now compresses inside a tightening symmetrical triangle near key support.　　The altcoin traded near $1.33 on May 26, down 2.1% on the day. Price now tests the lower trendline of a symmetrical triangle, where adoption news and weakening market structure collide.　　Uganda Pilot Pushes XRPL Into Genomic Identity　　DNA Protocol confirmed on Tuesday that its Uganda pilots process genomic identity data from certified labs. The system generates zero-knowledge proofs and anchors them on the XRP Ledger Testnet.　　DNA Protocol positions the design as a privacy-preserving way to validate genetic credentials without exposing the raw data. Ugandas pilot routes lab outputs into proofs that any verifier can check on XRPL Testnet, the team said.　　Uganda is now running pilot programs through DNA Protocol, processing genomic identity data from certified labs and generating zero-knowledge proofs anchored on the #XRPL Testnet. ????????　　Mainnet deployment will utilize the $XDNA $XRP dual burn mechanism.　　For further information on… pic.twitter.com/bUfh3SsPOq　　— DNA Protocol (@DNAOnChain) May 26, 2026　　Mainnet deployment will run through a dual burn mechanism between XDNA

05-27

Scammers Steal Over $400,000 Via Fake Uniswap Google Ads

Tech　　Scammers Steal Over $400,000 Via Fake Uniswap Google AdsScammers have stolen at least $400,000 by promoting fake Uniswap sites through Google sponsored ads.Google Search phishing attacks have surged since March, with attackers often buying or compromising ads.This signals ongoing DeFi interfaces risks as phishing attacks targeting popular protocols intensify.　　Scammers have stolen at least $400,000 through fake Uniswap Google Ads. The stolen funds reportedly came from users who were redirected to phishing sites impersonating Uniswap after clicking sponsored Google ads.　　On May 25, 2026, on-chain analyst b-block issued a community warning that scammers were actively draining funds through a phishing website impersonating Uniswap. The attackers had stolen over $400,000, including at least 146.6 Ethereum (ETH), as well as other tokens and cross-chain assets. The stolen funds were traced to two addresses, including:0x37925684BA178821b4436E06e67f5dBD6cfA49Bb0x2fC25F46cC49D226eF92E9A7665f3d2821F3c5E2　　Meanwhile, the Security Alliance (SEAL) previously said Google Search phishing campaigns have risen sharply since March, with attackers often buying ads or compromising legitimate ad accounts to impersonate popular crypto protocols.　　How Fake Uniswap Google Ads Enabled the Phishing Scam　　Notably, the scammers purchased sponsored ad placements on Google that appeared at the top of search results for “Uniswap.” When users clicked these ads, they were directed to counterfeit websites that closely impersonated

05-27

Top Multi-Chain Stablecoin Wallets for USDT and USDC Holders in 2026

USDT and USDC now live across more than a dozen networks, and holding them well in 2026 means picking a wallet that handles all the chains stablecoin users actually rely on.　　A multi-chain stablecoin wallet removes the friction of running multiple apps, separate seed phrases, and chain-specific tools.　　Five non-custodial top crypto wallets stablecoin holders rely on stand out as serious options for USDT and USDC this year, each with a different combination of strengths.　　What Makes a Multi-Chain Stablecoin Wallet Strong　　Strong multi-chain USDT wallet and multi-chain USDC wallet options share four practical traits:Core stablecoin network coverage: ERC-20 on Ethereum, TRC-20 on Tron, BEP-20 on BNB Chain, plus Polygon, Base, and Solana for SPL stablecoinsUSDT and USDC handling at native fidelity: auto-detection of token contracts, clear send and receive flows, no manual contract importsFee and gas management: gasless features where available, native token requirements clearly surfacedSelf-custody and privacy posture: non-custodial architecture, KYC requirements, data collection at signupHow the Five Wallets Compare　　A direct comparison across the criteria that matter most for stablecoin holders:WalletCore Stablecoin ChainsGasless Stablecoin TransfersKYC RequiredPlatform AvailabilityCustomer SupportIronWalletEthereum, Tron, BNB Chain, Polygon, Base, SolanaYes: USDT on Tron + USDC on EthereumNoMobile (iOS + Android)24/7 live human chatTrust WalletEthereum, Tron, BNB Chain, Polygon,

05-27

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