Crypto World Echo

Valkyrie amends Bitcoin Fund S-1 filing with enhanced custody and valuation rules

Valkyrie Investments refiled an amended Form S-1 with the Securities and Exchange Commission on Thursday for its Valkyrie Bitcoin Fund, adding more precise rules around custody, valuation, seed investments, and risks as the cryptocurrency investment vehicle awaits regulatory approval to trade on Nasdaq. The new filing updates the index used to value the fund’s Bitcoin from Lukka Prime to the CME CF Bitcoin Reference Rate – New York Variant, which calculates the reference rate as of 4 PM Eastern

European Central Bank’s Lagarde warns of lagging effects from crises

<p>Lagarde's warning highlights the enduring economic shifts post-crisis, affecting inflation, consumer behavior, and market volatility.</p><p>The post <a href="https://cryptobriefing.com/ecb-lagarde-lagging-effects-crises/">European Central Bank&#8217;s Lagarde warns of lagging effects from crises</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Polymarket investigates suspicious transactions, confirms no contract hack

<p>Polymarket's security lapse highlights the critical need for robust operational security and key management in the evolving crypto landscape.</p><p>The post <a href="https://cryptobriefing.com/polymarket-suspicious-transactions-investigation/">Polymarket investigates suspicious transactions, confirms no contract hack</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

THORChain proposes recovery plan after May 15 exploit, no new RUNE minted

<p>THORChain's recovery plan without token dilution could set a new standard in DeFi, emphasizing security and investor confidence over inflationary fixes.</p><p>The post <a href="https://cryptobriefing.com/thorchain-recovery-plan-exploit-rune/">THORChain proposes recovery plan after May 15 exploit, no new RUNE minted</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

US military stations aircraft at Israel’s Ben Gurion amid rising tensions

<p>The US military presence in Israel signals potential for coordinated actions, impacting regional security dynamics and market perceptions of conflict.</p><p>The post <a href="https://cryptobriefing.com/us-military-stations-aircraft-at-israels-ben-gurion-amid-rising-tensions/">US military stations aircraft at Israel&#8217;s Ben Gurion amid rising tensions</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

XRPL’s May 27 upgrade shows how validators and markets decide a blockchain split

XRPL's known amendments page lists fixCleanup3_1__3 for activation on May 27, and by design the event is a maintenance upgrade.Version 3.1.3 of rippled bundles fixes for NFTs, Permissioned Domains, Vaults, and the Lending Protocol, and the XRPL blog set the default vote to Yes because of the importance of those fixes.The amendment process requires more than 80% support from trusted validators sustained for two weeks before the new rules become permanent.What makes the episode worth examining bey

Polymarket Suffers $700K Breach After Internal Admin Wallet is Compromised

Blockchain investigator ZachXBT first pointed to a possible hack, indicating that $520K were drained so far. Polymarket acknowledged the security event and stressed that it was taking action after the compromise of an alleged private key, explaining that user funds were safe. Polymarket Faces Security Event: No User Funds Affected Polymarket, one of the largest [&#8230;]

ECB will likely hike interest rates in June to protect credibility, Demarco says

<p>The ECB's potential rate hikes could tighten financial conditions, impacting risk assets and crypto markets by reducing liquidity and increasing volatility.</p><p>The post <a href="https://cryptobriefing.com/ecb-demarco-inflation-rate-hike-2026/">ECB will likely hike interest rates in June to protect credibility, Demarco says</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Near Protocol to automate growth with dynamic resharding upgrade in June, NEAR token surges 27%

<p>Near Protocol's dynamic resharding could set a new standard for blockchain scalability, pressuring other Layer 1s to adopt similar innovations.</p><p>The post <a href="https://cryptobriefing.com/near-protocol-dynamic-resharding-token-surges/">Near Protocol to automate growth with dynamic resharding upgrade in June, NEAR token surges 27%</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

UAE exits OPEC after nearly 60 years, ending three years of quiet deliberation

<p>The UAE's OPEC exit could destabilize oil markets, challenge OPEC's influence, and accelerate shifts toward diversified energy strategies.</p><p>The post <a href="https://cryptobriefing.com/uae-exits-opec-after-60-years/">UAE exits OPEC after nearly 60 years, ending three years of quiet deliberation</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Polymarket suffers live POL drain as team rules out feared contract exploit

Polymarket faced what many users interpreted as a possible hack on May 22 after public alerts described a rapid POL drain on the prediction market platform. Polymarket-linked accounts later said the incident was not a smart-contract exploit and did not affect user funds or market resolution.The first wave of concern came from on-chain investigator ZachXBT and blockchain analytics firm Bubblemaps. ZachXBT said a Polymarket admin address appeared to have been compromised on Polygon, with more than

ICE, OKX team up to bring oil benchmarks to 120 million crypto traders

<p>This collaboration could significantly enhance crypto market liquidity and integration with traditional financial markets, influencing global trading dynamics.</p><p>The post <a href="https://cryptobriefing.com/ice-okx-team-up-bring-oil-benchmarks-120-million-crypto-traders/">ICE, OKX team up to bring oil benchmarks to 120 million crypto traders</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Moomoo Expands Texas Crypto Offering With Wallet Deposit and Withdrawal for Retail Investors

Moomoo, a subsidiary of Hong Kong-basedonline brokerage Futu, has expanded its cryptocurrency trading services toinvestors in Texas and introduced a new direct crypto deposit and withdrawalfeature for U.S. users, according to a company statement.A relevant comparisoncan be drawn with IG Group,which has been granted a cryptoasset licence by the UK Financial ConductAuthority. The licence allows the firm to expand its crypto offering andmakes IG the first UK-listed company to join the FCA’s cryptoa

NEAR Jumps 30% as $36M Bitwise ETP Adds Weight to AI Token Thesis

The NEAR token jumped 30% to an intraday high of $2.25, marking a 70% increase since the start of May and briefly pushing its market capitalization past $2.9 billion. NEAR Token Surges Past $2 NEAR, the token of the artificial intelligence-native protocol Near, surged on Friday as it crossed the $2 threshold for the first [&#8230;]

Your salary account. Your Romanian IBAN. Your money, earning from Day One.

A German IBAN that works like a local oneYour Krak Virtual IBAN starts with DE and runs on SEPA, the same infrastructure used by employers, landlords, and utility providers across Europe. Pay rent, electricity, subscriptions, and insurance in Romania, or send money to friends and freelancers. It moves on the same rails as any major German bank.EUR transfers arrive same-day via SEPA. No waiting windows, no vague timelines. And if you split your finances between Romania and the UK, GBP transfers

EU economy chief rules out easing sanctions on Russian oil and gas amid energy crisis

<p>The EU's firm stance on Russian sanctions may sustain high energy costs, impacting inflation, monetary policy, and crypto market dynamics.</p><p>The post <a href="https://cryptobriefing.com/eu-sanctions-russian-oil-gas-energy-crisis/">EU economy chief rules out easing sanctions on Russian oil and gas amid energy crisis</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

China’s NDRC says it does not require tech firms to reject foreign investment

<p>China's NDRC clarification highlights the delicate balance between welcoming foreign investment and safeguarding national security, impacting investor confidence.</p><p>The post <a href="https://cryptobriefing.com/china-ndrc-foreign-investment-tech-firms/">China&#8217;s NDRC says it does not require tech firms to reject foreign investment</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

US Congress Opens Formal Probe into Kalshi and Polymarket, Targeting KYC and Trade Surveillance

On Friday, the House Oversight Committee sent formal information requests to Kalshi and Polymarket, demanding internal records on identity verification and trade surveillance, escalating prediction markets to the compliance scrutiny Congress typically reserves for registered derivatives exchanges.Rep. James Comer (R-Ky.), committee chair, announced the inquiry, and is seeking detailed documentation on how each platform detects anomalous trading and prevents insider activity. The platforms are su

US labor federation warns CLARITY Act could push crypto closer to workers’ retirement money

The AFL-CIO is trying to recast the Senate CLARITY Act from a fight over banks, stablecoin rewards, and crypto market structure into a fight over workers' retirement money.The AFL-CIO is the American Federation of Labor and Congress of Industrial Organizations, the largest federation of labor unions in the United States, representing millions of workers across dozens of unions.In a May 11 letter to senators, the labor federation urged lawmakers to oppose the Senate version of the House's Digital

Happy Bitcoin Pizza Day: Celebrating the $770 Million Delivery

On May 22, 2010, Laszlo Hanyecz completed one of the first BTC commercial transactions ever, exchanging 10,000 BTC for two Papa John’s pizzas, a milestone that still keeps being celebrated even in an age of institutional dominance over the cryptocurrency ecosystem. Bitcoin Pizza Day Keeps Being Celebrated Even After 16 Years While the bitcoin ecosystem [&#8230;]