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Bitcoin’s market cap has dropped to roughly $1.46 trillion, pushing it below several major technology companies and commodities in global asset rankings. Related Reading Gold Holds Top Spot As BTC Slides Gold remains the world’s most valuable asset at nearly $31 trillion, with Nvidia, Apple, Alphabet, Microsoft, Amazon, TSMC, Broadcom, Saudi Aramco, Tesla, and Meta Platforms all ranked above Bitcoin. The drop reflects mounting pressure on the cryptocurrency from multiple fronts — including rising inflation, geopolitical conflict, and weakening investor sentiment. Ki Young Ju, chief executive of crypto analytics firm CryptoQuant, now says the bear market could stretch into early…

The two biggest DeFi exploits of the past two months have one thing in common. They used a tool that does not exist on the XRP Ledger.Thorchain lost roughly $10.8 million on May 15 to a cross-chain attack that drained funds across Bitcoin, Ethereum, BSC, and Base. Drift Protocol, a Solana-based decentralized perpetual exchange, and KelpDAO, a liquid restaking protocol on Ethereum, together accounted for more than $600 million in losses through April alone. Cross-chain bridges have lost over $2.8 billion to attacks since 2021, per Chainalysis. And a significant share of these exploits used some variant of the same…

The numbers are staggering. Total marketable US Treasury debt blew past $30.2 trillion by the end of fiscal year 2025, and the country ran a $1.8 trillion deficit on top of that. Interest payments alone topped $1 trillion — more than the Pentagon’s budget, more than Medicare. And the buyers who used to absorb all that debt? They’re pulling back. That’s the crux of the problem. Foreign central banks have been trimming their Treasury holdings for years, and the Federal Reserve has been doing the same after its post-pandemic buying spree. So who’s stepping in? Hedge funds, asset managers, retail…

Patrick Hansen, Circle’s EU strategy and policy lead, says the bloc’s crypto tax revenue projections may fall short. The European Commission has modeled up to $23 billion across the 2028 to 2034 EU budget cycle. Hansen argued that a transaction-based crypto tax would push users toward DeFi protocols. Self-custody wallets and non-EU venues would erode the centralized exchange volume Brussels expects to capture. What the Commission’s Proposal Includes The leaked Commission services paper outlines two crypto tax models for member states to consider: A 0.1% levy on the value of crypto transactions could generate $3.5 billion to $4.7 billion per…

In brief Republican fintech entrepreneur Michael Carbonara liquidated 10 Bitcoin for $800,000 to help bankroll his congressional campaign. The candidate’s shift to the 22nd District positions him in a newly wide-open race, triggered after the recent map redraw. Carbonara is leveraging his tech background to advocate for accountability on-chain, from campaign finance to the government’s budget. A Republican candidate jockeying to represent Florida’s 22nd Congressional District has liquidated a portion of his personal Bitcoin stash to bankroll his political bid, while striking a pro-crypto stance in a newly shaped battleground race.Michael Carbonara, who established a digital banking and payments company…

Representative Steven Horsford, a Democrat from Nevada, center, and Representative Max Miller, a Republican from Ohio, during the DC Blockchain Summit in Washington, DC, US, on Wednesday, March 18, 2026. Photographer: Al Drago/Bloomberg© 2026 Bloomberg Finance LP“It needs to be bipartisan or I have no desire to move it,” is what Congressman Jason Smith (MO-08), who Chairs the U.S. House Ways and Means Committee, told reporters last month when asked about the fate of a potential tax bill for digital assets.Bipartisan crypto tax legislation was introduced three weeks later by U.S. Representatives Steven Horsford (NV-04), Max Miller (OH-07), Suzan DelBene…

A warning from one of decentralized finance’s (DeFi) early security figures has turned a difficult stretch of hacks into a broader test of how the industry can defend itself against artificial intelligence (AI).On May 27, Manuel Aráoz, co-founder and former chief technology officer of OpenZeppelin, advised investors to exit DeFi positions, including exposure to established lending protocols such as Aave, MakerDAO, and Compound.According to Aráoz, autonomous AI coding agents have widened the gap between attackers and defenders by making it easier to find vulnerabilities at scale. He wrote:“Coding agents are superhuman at finding vulnerabilities, and smart contract security is too…

Bitcoin Cloud Mining is becoming a popular way for users to participate in Bitcoin mining without buying expensive mining machines or managing complex hardware. In 2026, more users are looking for simple, flexible, and beginner-friendly online mining solutions. AJC Mining provides cloud mining services that allow users to access remote computing power through online contracts. With no need to purchase ASIC miners, handle electricity costs, manage cooling systems, or maintain equipment, AJC Mining makes Bitcoin Cloud Mining easier for both beginners and experienced crypto users. What Is Bitcoin Cloud Mining? Bitcoin Cloud Mining allows users to rent cloud computing power…

BELIZE City, Belize, May 28th, 2026, PlayNewswire BC.GAME has announced that stakers on BC Engine have earned more than 2.1 million BCD, worth over $2.1 million, only a few weeks after the system launched on April 8. BC Engine is an in-platform rewards system built around BC.GAME’s platform coin, $BC. Players can earn $BC by wagering on BC.GAME casino games, with the $BC automatically entering BC Engine. Users can then view their $BC balance, staking status, unclaimed rewards and historical reward distributions within the BC Engine page. The system brings casino gameplay, $BC earnings, staking participation and reward claims into one place. For users,…

Eightco treasury composition as of May 27, 2026: $90M OpenAI equity (indirect), $18M Beast Industries equity, 11,068 ETH, 283 million WLD holdings, and $144M cash and equivalents, totaling approximately $374 million World offers a solution to the ‘double human’ problem in a world proliferating with deepfakes Independent data shows OpenAI’s coming social network will land in a category already 15–43% non-human, reinforcing demand for Worldcoin’s Proof of Human network Data shows that bot, AI-generated, and inauthentic activity now ranges from 15% to 75% of activity across eight core internet domains, including 75% of Polymarket trading volume, 53% of web traffic,…