An FDIC report on three failed banks stated that depositors tied to the digital asset sector and active escrow accounts were more likely to move funds during the fastest bank runs in U.S. history. The study said Signature Bank’s active escrow deposits fell 88%.

Bitcoin retreated Friday evening, falling to $75,120 per coin and marking a 2.8% decline over the course of the day. The daily decline added another bruise to what has already been a fairly miserable seven-day stretch, pushing weekly losses to roughly 5%.

Ghana has introduced a new legal framework via the Virtual Asset Service Providers Act of 2025 to regulate its rapidly growing cryptocurrency market.

Kevin Warsh took the Federal Reserve oath after Senate confirmation, succeeding Jerome Powell as chair. The FOMC also selected Warsh to lead the Fed’s monetary policy committee.

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.