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We provide real-time cryptocurrency updates around the clock from 10:00 p.m. UTC on Sunday through 3:00 p.m. UTC on Saturday. Outside these hours, coverage is limited to critical market-moving developments. Note: Overseas economic news flashes will continue to be provided through the CoinNess Live app and the CoinNess website.

The U.S. Securities and Exchange Commission (SEC) has charged Texas resident Nathan Fuller with raising approximately $12.3 million by allegedly deceiving investors with promises of high returns from an AI-based trading bot. According to the SEC, Fuller attracted funds from about 150 investors from 2022 to 2024, promoting guaranteed returns of up to 100% or more within 21 to 45 days.

Sean Bill, CIO of Bitcoin Standard Treasury Company (BSTR), has argued that a significant number of companies with a corporate strategy of acquiring Bitcoin are relying more on promotion than on substantive capabilities, Cointelegraph reported. He criticized that many of these firms lack proper capital structures and the ability to genuinely utilize their Bitcoin holdings, and are instead solely dependent on the asset's price appreciation.

The Alephium token bridge has been hacked, resulting in a loss of approximately $815,000, blockchain security firm Blockaid announced. According to the firm, the attacker compromised three of the bridge's four guardian keys, which enabled the signing of a forged VAA (verification message) to steal the assets.

Stablecoin inflows to Binance from whales holding over $1 million have been cut in half since last September, according to on-chain analyst Darkfost. Writing on X, he noted that monthly inflows have plummeted from approximately $62 billion to $33 billion. Darkfost suggested this indicates a significant contraction in market participation from large-scale investors. While large stablecoin inflows typically signal market re-evaluation and buying pressure, he explained that the recent decline points to the possibility of major funds either waiting on the sidelines or exiting the market. The analyst also highlighted the importance of risk management amid ongoing geopolitical uncertainties, such as the conflict between the U.S. and Iran.

Ethereum-based privacy protocol Zama has issued an official statement regarding Circle's freeze of its cUSDC contract. Zama explained that Circle's compliance system identified a specific wallet belonging to an external depositor as problematic. Because this wallet held funds within the cUSDC contract, the entire contract was automatically frozen. The protocol clarified that the measure was not a sanction against Zama itself but an accidental consequence of a regulatory action targeting a specific address. Zama's legal team is now working to isolate the wallet, and access for unaffected users is expected to be restored soon. The statement follows an earlier report from on-chain analyst ZachXBT, who revealed that Circle had blacklisted the contract.

The European Union is considering the introduction of a unified tax on the cryptocurrency industry to secure funding for its 2028–2034 budget, Politico reported. In a document submitted to member states and the European Parliament, the European Commission estimated that a 0.1% tax on crypto transactions could generate between €3 billion and €4 billion in annual revenue. It also projected that a tax on crypto capital gains could bring in an additional €1 billion to €2.4 billion per year. However, the Commission acknowledged that the actual tax revenue remains uncertain due to insufficient data. The proposal is currently under review and requires unanimous approval from all 27 EU member states to be implemented.

Kyle Samani, co-founder of Multicoin Capital, has criticized Hyperliquid (HYPE), describing it as "like Binance 2.0 without a marketing team." In a post on X, he pointed out that Hyperliquid made technical choices during its development that are suitable for centralized systems but not for decentralized environments. This, he argued, has caused its transition to decentralization to lag behind competitors. Samani also noted that the changing U.S. regulatory landscape is strengthening requirements for collaboration with compliant firms, and Hyperliquid's current model could face greater regulatory risks.

Whale Alert reported that 200,347,000 SUSDS has been transferred from an unknown wallet to Justin Sun. The transaction is valued at about $220 million.

Whale Alert reported that 200,000,000 SUSDS has been transferred from Poloniex to an unknown wallet. The transaction is valued at about $220 million.

Whale Alert reported that 200,347,452 SUSDS has been transferred from HTX to an unknown wallet. The transaction is valued at about $220 million.

Blockchain security firm PeckShield reported that the hacker behind the Gravity Bridge exploit has laundered a portion of the stolen funds through ChangeNOW and Binance. According to the firm, the attacker stole assets worth about $5.4 million and currently still holds 2,102 ETH, valued at approximately $4.23 million. This follows an earlier report from on-chain analyst Specter, who first noted that about $5.4 million in assets had been stolen due to a contract key leak. The stolen assets included approximately $4.3 million in USDC, 274 WETH (about $553,000), $434,000 in USDT, and $64,000 in PAYG. The Gravity Bridge project has not yet issued an official statement.

On-chain analyst ZachXBT said stablecoin issuer Circle has blacklisted the cUSDC (Confidential USDC) contract for ZAMA, an Ethereum-based privacy protocol. According to the analyst, the move, which occurred about seven hours ago, has frozen approximately $12.6 million in USDC within the contract. ZachXBT explained that the contract address is publicly listed in ZAMA's official documentation and on block explorers. The specific reason for the freeze has not yet been confirmed. He also pointed out that in March, Circle froze more than 16 hot wallets belonging to various companies, protocols, and service providers without explanation.

On-chain analyst MLM reported that approximately $23 million in funds suspected to be from hacking or phishing has been used to purchase Monero (XMR). According to MLM, an associated address withdrew $29.3 million in USDC from Coinbase three days ago, converted it to DAI, and then swapped it back to USDC before buying XMR through multiple wallets. The analysis indicates that related addresses bought around $23 million worth of XMR over the past four to 17 hours, a buying spree that coincided with a 15% rise in XMR's price. The addresses currently hold about $4 million in DAI on-chain and have reportedly halted further XMR purchases.

The cross-chain protocol Gravity Bridge is suspected of having been hacked, according to on-chain analyst Specter. Specter suggested that a compromised contract key may have led to the outflow of approximately $5.4 million in various cryptocurrencies. The drained assets reportedly include around $4.3 million in USDC, 274 WETH (worth about $553,000), $434,000 in USDT, and $64,000 in PAYG. The project's team has not yet issued an official statement, and the exact extent of the damage and the cause of the attack are still under investigation.

Yanis Varoufakis, a Greek politician and the country's former finance minister, revealed on a podcast that he once owned 2,000 BTC. He explained that he donated his entire holdings due to ideological disagreements with Bitcoin. Varoufakis is known for his long-standing critical stance on Bitcoin and cryptocurrencies.

BitMEX co-founder Arthur Hayes has expressed a bullish outlook for HYPE, the native token of the Hyperliquid ecosystem. On social media, he posted, "HYPE to $150," adding, "Down with TradFi and the Clarity Act. Long live Caesar." HYPE has recently been one of the top-performing assets in the cryptocurrency market, rising approximately 20% over the past week.

Heima, a cross-chain abstraction layer project, announced that it has initiated a community vote on an on-chain proposal to burn 16.5 million HEI tokens from its ecosystem allocation. The Heima Foundation has voted in favor of the proposal, but the final decision will depend on the outcome of the community vote. The proposed burn aims to enhance the long-term value of the ecosystem by reducing the token supply. The project also emphasized its commitment to governance transparency and community participation.

Andrew Gault, CEO of ZeroTier, has argued that the primary risk from quantum computing lies not in hacking Bitcoin wallet private keys but in the broader authentication and payment infrastructure of the financial system, including institutions, exchanges, and custodians. He explained that attackers are already gathering data such as inter-institutional payment records, authentication messages, and digital signatures, which could be decrypted in the future through "Harvest Now, Decrypt Later" attacks once quantum computers become sufficiently powerful. Gault also pointed out that digital asset infrastructure, including exchange API authentication, cross-chain bridge proofs, and custodian signature systems, is exposed to the same danger.

The predicted probability on Polymarket of Strategy selling its BTC before May 31 has fallen to 24%, a decrease of 16 percentage points from 24 hours ago. The odds of a sale before June 30 and Dec. 31 have also dropped to 69% and 88%, respectively, down three to six percentage points over the same period. This shift is attributed to Strategy withdrawing 411 BTC, the same amount it deposited to Coinbase yesterday, a move the market has interpreted as partially alleviating concerns about a potential sale. While Strategy recently mentioned the possibility of selling BTC in connection with a convertible bond buyback, no actual sale has been confirmed.

An anonymous user has permanently inscribed the full text of the U.S. Constitution onto the Bitcoin blockchain, paying a fee of approximately $83 (113,454 satoshis). The data, which includes the preamble, seven articles, and 27 amendments, was inscribed at block height 951,492 via the Ordinals protocol.

According to on-chain data cited by Lookonchain, an early Ethereum investor (OG) sold 55,000 ETH (approximately $112.25 million) and 9,442 wstETH (approximately $24 million) over the past week. The total sale amounted to roughly $136.25 million, with an average selling price of around $2,041 per ETH.

NBA player Tristan Thompson announced on X that he has entered a 50x short position on HYPE. His entry price was $66.95, with a stop-loss reportedly set around $68. Thompson explained that the move is a short-term trading strategy based on an expected correction, not a long-term bearish outlook. He added that while he sees the potential for a price adjustment in the near term, he remains bullish on HYPE's long-term prospects.

Swan Bitcoin CEO Cory Klippsten has stated that despite the expansion of institutional inflows, retail investor sentiment remains a crucial variable in the BTC market. He explained that spot BTC ETFs do not involve firms like BlackRock or Fidelity buying BTC for their own balance sheets; rather, they purchase actual BTC with the funds from investors who buy the ETF shares. He added that ETF demand is ultimately a reflection of real BTC demand, which stems from investor sentiment. However, Klippsten has lowered his assessment of the probability of BTC reaching a new all-time high this year from 50% to a range of 20-25%, citing the cryptocurrency's current stagnation in the $70,000 range. Meanwhile, U.S. spot BTC ETFs have recorded approximately $2.9 billion in net outflows since May 15.

Grayscale has submitted a fifth amended filing for its proposed Hyperliquid Staking ETF to the U.S. SEC, according to Bloomberg ETF analyst James Seyffart. The filing, designated as Amendment No. 5, retains the proposed ticker HYPG and the plan to seed the fund with approximately two million HYPE tokens, valued at around $130 million at current prices. Seyffart noted that the latest changes appear to be minor, likely incorporating SEC feedback and formatting adjustments, with no substantial alterations to the fund's structure. Key details, such as the management fee, have not yet been disclosed. The previously revealed staking structure and seed asset plan remain unchanged.