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Gravity Bridge was drained of roughly $5.4 million in a suspected signing key compromise, prompting validators to halt the bridge while an investigation is underway.

Swan Bitcoin CEO Cory Klippsten said it is important to pay attention to retail sentiment around Bitcoin, as ownership is still far from concentrated and “it’s not like Blackrock owns the Bitcoin.”

Over $500 million in Bitcoin bids now sit near $70,000, while options traders and futures positions converge around the same level.

As the CFTC and Gemini work together to seek a court’s reversal of a 2025 settlement, one of the agency’s former chairs said the public “deserves a better explanation.”

Spot Bitcoin ETFs logged a record 10-day outflow streak totaling nearly $3 billion, while Ether ETFs bled for 14 consecutive sessions.

BSTR co-founder Sean Bill says many Bitcoin treasury companies lack the “ability to actually deploy Bitcoin.”

US Treasury Secretary Scott Bessent said the US has seized roughly $1 billion in Iranian crypto assets, double the figure disclosed in late April.

While Bitcoin is hovering around $73,000, a crypto trader says the current setup is “different from the previous breakdown in February.”

The Senate Banking Committee voted to advance the CLARITY Act in May, but it must still pass both chambers of Congress before heading to the president’s desk.

The $12.6 million in USDC was likely frozen in connection with an ongoing but unrelated civil court case, according to onchain sleuth ZachXBT.