Crypto

The Cardano Foundation’s flagship conference was scrapped after a funding proposal failed to secure the two-thirds support required under the blockchain’s new governance system.

The preferred stock remains near its $100 par value as the company balances yield stability, ATM issuance capacity, and its bitcoin acquisition strategy.

Bitcoin and ether fell Monday after dropping in May, a month that usually sees them post positive returns. U.S. equity index futures rose.

Bitcoin and software equities have sharply diverged after moving in lockstep for years, raising questions over whether bitcoin will eventually catch up.

Your look at what’s coming in the week starting June 1.

Stablecoins alone will generate a demand for up to $1 trillion worth of onchain U.S. Treasury bills and $2.6 trillion for tokenized stocks, said Citi.

0xflorent, a security researcher, found an integer-overflow flaw in the HongCoin token sale contract that lets the team unlock funds for 48 original investors. It is the second such recovery he has publicized in eight days.

XRP hit a 15-week low before stabilizing, with traders watching whether the latest washout turns into a base or another leg lower.

The Sui Foundation’s post-mortem published Sunday traces all three outages to interactions between a new address-balance feature shipped in the v1.72 release and the network’s existing gas and consensus logic.

U.S. spot bitcoin ETFs lost $2.97 billion across 10 trading days through Friday, the longest outflow streak on record. Oil’s bounce on the stalled Iran deal added pressure even as global equities hit new highs on the Nvidia and SoftBank AI trade.

An official postmortem traced the exploit to a LayerZero bridge verification failure and outlined a sweeping overhaul of Aave’s asset-listing standards as DeFi risks shift beyond smart contract bugs.

Coinbase announces INR rails to make the platform fully accessible to Indian retail traders.

NYDIG, meanwhile, rejected the basis-trade theory, citing the large discount and the lack of an unusual spike in corresponding CME bitcoin futures volume.

Rep. French Hill, head of the House Financial Services Committee, weighed in on outstanding policy issues in an interview with CoinDesk last month.

Wall Street’s clearing giant chose a public blockchain with compliance tools built for regulated assets, Stellar Development Foundation CEO Denelle Dixon said.