A Hyperliquid trader known as ‘Evaded’ has booked over $7.5 million in profit from two positions in less than four days, most recently rolling back into the market with a $38.63 million ether long carrying 25x leverage.

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Bitcoin was on course to close the five-day workweek on the losing side after it slipped below $77,000 just before midday Friday.

Crypto ETF markets remained under sustained pressure on Thursday as bitcoin funds extended their losing streak to five straight sessions and ether ETFs marked a ninth consecutive day of outflows. XRP and solana products, however, continued to attract fresh capital, reinforcing a growing split in investor appetite.

Rep. James Comer, Chairman of the House Committee on Oversight and Government Reform, sent letters to Polymarket and Kalshi to ascertain the measures these platforms are taking to curb these practices. Comer referred to the prediction markets ecosystem as the “Wild West.”

Blockchain investigator ZachXBT first pointed to a possible hack, indicating that $520K were drained so far. Polymarket acknowledged the security event and stressed that it was taking action after the compromise of an alleged private key, explaining that user funds were safe.

The NEAR token jumped 30% to an intraday high of $2.25, marking a 70% increase since the start of May and briefly pushing its market capitalization past $2.9 billion.

On May 22, 2010, Laszlo Hanyecz completed one of the first BTC commercial transactions ever, exchanging 10,000 BTC for two Papa John’s pizzas, a milestone that still keeps being celebrated even in an age of institutional dominance over the cryptocurrency ecosystem.

Whale trader Loracle deposited and rapidly sold 616,675 Hyperliquid tokens worth $36.76 million, using the proceeds to defend a short position carrying over $103 million in notional exposure as the token trades near its all-time high.

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A wallet linked to Trump Media & Technology Group has moved 2,650 bitcoin to crypto exchange Crypto.com, a transfer worth approximately $204.93 million that has prompted fresh questions about the company’s bitcoin treasury management.

A bipartisan group of more than a dozen U.S. representatives has introduced legislation to enshrine a Strategic Bitcoin Reserve in federal law, mandate a minimum 20-year holding period, and direct the Treasury Department to acquire up to 1 million bitcoin over five years.

Decentralized prediction market platform Polymarket has set its sights on Japan, appointing a local representative and launching a formal lobbying effort aimed at securing government authorization by 2030.

Onchain investigator ZachXBT has publicly accused Kucoin of allowing stolen cryptocurrency to flow freely through its platform while refusing to cooperate with German law enforcement.

Applied Digital has signed a 15-year, take-or-pay lease at its fourth artificial intelligence (AI) Factory campus, Polaris Forge 3, with the same U.S.-based investment-grade hyperscaler that signed at Delta Forge 1 in April 2026.