📢 Richard Teng said that reporting from the Wall Street Journal contains fundamental inaccuracies regarding Binance’s compliance operations.

📢 A whale has accumulated $15.2M worth of $HYPE, pushing total holdings to $148.5M and unrealized gains to around $33M, according to Lookonchain.

📢 Hyperliquid topped 24-hour fee revenue with $2.3M, surpassing TRON’s $1.2M.

📢 Binance is expanding its workforce with more than 380 open positions while introducing company-wide AI training and internal AI tools, even as broader tech layoffs continue across the industry.

📢 Coinbase reported that the average USDC balance held across its products reached a record $19 billion in Q1 2026.

📢 South Korea’s exports climbed 52.6% during the first 20 days of May, fueled by strong AI demand as semiconductor exports surged 202% year-over-year.

📢 According to a16z crypto, the market cap of tokenized assets has surpassed $30 billion, with tokenized U.S. Treasurys continuing to dominate the sector.

📢 U.S. banks are currently holding around $306 billion in unrealized losses.

📢 Tokenized assets are growing at sharply different rates, with asset-backed credit reaching $1B in just 185 days, while tokenized venture capital needed more than seven years to hit the same milestone.

📢 Rob Du Boff estimates that passive S&P 500 funds could be required to purchase around 19% of SpaceX’s public shares within six months under a fast-track index inclusion scenario.

If SpaceX joins the S&P 500 as the sixth-largest company, additional demand from Russell 1000 and Nasdaq-100 index funds, along with active managers tracking those benchmarks, could eventually absorb nearly half of the company’s public float.

📢 DeFi bridge exploits have caused at least $328.6M in losses across eight major attacks in 2026, while total DeFi value locked dropped from nearly $100B to $86B following the KelpDAO exploit.

📢 A new study suggests that remote work policies, rather than AI, are the primary driver behind the slowdown in junior-level hiring.

📢 According to a CryptoQuant analyst, spot demand for Bitcoin is declining at its fastest rate since January 10.

📢 The University of Michigan’s U.S. consumer sentiment index has fallen to its lowest level since the survey began in 1952.

📢 According to CoinGlass, Bitcoin’s drop below $75K triggered $917M in crypto liquidations over the last 24 hours.

Long positions accounted for most of the losses, with $826M liquidated as BTC and Ethereum led the market selloff.

📢 According to Barchart, the share of credit card accounts that are 90 or more days delinquent has climbed to 13.1%, the highest level in 15 years and close to a record high.

📢 A new report from McKinsey & Company describes a fast-developing three-layer onchain monetary system centered on tokenized bank deposits, stablecoin payment infrastructure, and central bank digital currencies (CBDCs). It also states that annual stablecoin transaction volume has now surpassed $27 trillion.

📢 El Salvador added 8 more Bitcoin to its treasury last week, bringing total holdings to 7,661.37 BTC valued at over $588M.

📢 Roughly 70% of global crypto wrench attacks are reportedly occurring in France, where 41 crypto-related kidnapping cases have been recorded so far in 2026.


Stay SAFU guyss!

📢 Chicago Mercantile Exchange data shows traders are now expecting the Fed to hold interest rates steady through most of 2026, with futures markets even pricing in a possible 25 basis point hike by December.