Crypto Industry News & Market Trends

Trader Linked to Whale now down $128 million after Ethereum wipeout

Onchain analytics firm Bubblemaps says a Hyperliquid whale linked to former BitForex CEO Garrett Jin and the infamous 10 10 short trade would have been up more than $70 million if he had never traded Ethereum, but is instead sitting on roughly $128 million in net losses after catastrophic ETH longs erased huge prior gains.Bubblemaps estimates the trader is down $128 million overall despite earlier nine figure winsThe whale reportedly made about $100 million shorting BTC in the October 10, 2025 flash crashSubsequent outsized ETH longs on Hyperliquid led to more than $200 million in realized lossesA linked wallet has now rotated into Hyperliquid again, buying $10 million of HYPE and shorting $38 million of ZEC　　In a new onchain breakdown shared on X, Bubblemaps reconstructs the PnL of the wallet cluster it associates with Garrett Jin, arguing that if the trader had simply held BTC and avoided the ETH leverage spiral, his net profit would stand north of $70 million; instead, the account is now “down $128M overall” after a brutal series of Ether trades.　　The cluster has been in the spotlight since the so called 10/10 crash on October 10, 2025, when a Hyperliquid whale built massive short exposure into

05-26Ethereum

Why Traders Pile Into AI and Perp Tokens Early

Allocating Between AI and Perps: Practical Scenarios　　Different market states favor different tilts. If broader tech markets are buzzing about AI hardware and models, AI infrastructure tokens can front-run attention. If crypto-native leverage is surging, perp DEX tokens with fee exposure can respond quickly to on-chain activity. A barbell approach—some AI infra, some fee-exposed perp tokens—can diversify within the same “first mover” basket.　　Position sizing should reflect conviction and data. For AI, track developer activity and network usage claims critically. For perps, follow volumes, fees, and open interest trends. Consider pairing exposure with hedges: e.g., long fee-exposed perp tokens while shorting basket perps during overheated funding, or basis trades if reliable.　　Use public dashboards and official docs to verify claims. For token categories and listings, see CoinGecko‘s AI check calendars like TokenUnlocks (link).Fee illusion: Protocols tout big volumes, but tokenholders may see little. Read fee flow charts, not just headlines.Oracle and smart-contract risk: Perp DEXs rely on robust oracles and liquidation engines. Review audits and incident histories.Unsustainable rewards: Double-digit “yields” solely from emissions are temporary; plan for step-downs.Regulatory exposure: Derivatives tokens can face heightened scrutiny in some jurisdictions; venue access may change quickly.　　For continuing coverage and trader-focused explainers across narratives, you can visit

05-26Industry

Cross-chain compliance is cryptos hidden AML gap

Cross-chain compliance gaps at blockchain bridges are cryptos most dangerous AML blind spot, ThetaRay CEO Brad Levy says.Brad Levy, CEO of ThetaRay, says compliance teams routinely lose visibility at blockchain bridges, the point where assets move between different chains.ThetaRays AI flagged a UK retail customer declared as a packer who received over £134,000 from 40 counterparties before executing regular crypto purchases.Levy says any bank with a fiat-to-crypto blind spot will face regulators treating it as a governance failure within the next 12 months.　　Compliance teams monitoring crypto transactions lose the trail the moment assets cross a blockchain bridge. Brad Levy, CEO of ThetaRay, calls this the Cross-Chain Compliance Gap, the blind spot that emerges when funds move from Ethereum to a Layer 2 or alternative chain and the transaction data fragments at the crossing point.　　“Somewhere between where Ethereum ends and an L2 or alternative chain begins, the data becomes fragmented as the money moves through blockchain bridges,” Levy said. In 2026, real transaction volumes are scaling through these routes and legacy banks are encountering a frontier their AML systems were never built for.　　Why blockchain bridges are the gap no one is watching　　TRM Labs has documented that most illicit actors in 2026

05-26Industry

Tokenized securities at $24B as Prometheum expands

Prometheum has launched new infrastructure allowing broker-dealers and RIAs to offer tokenized securities through traditional brokerage accounts.Prometheum launched new broker-dealer and RIA infrastructure on May 25 allowing traditional Wall Street firms to offer tokenized securities to investors at scale.Co-CEO Aaron Kaplan said crypto has solved tokenisation but not distribution, leaving $24 billion in on-chain securities without a mainstream investor channel.Prometheum operates a network of SEC-registered and FINRA-member broker-dealers supporting the full lifecycle of blockchain-based securities from issuance through settlement.　　Prometheum launched new infrastructure on May 25 allowing broker-dealers and registered investment advisers to offer tokenized securities and crypto assets through traditional brokerage accounts. The company positions the launch as a bridge between blockchain-based securities and the conventional financial system.　　“Crypto has solved tokenization, but it hasnt solved distribution,” said Aaron Kaplan, co-founder and co-CEO of Prometheum. “There are tens of billions of dollars of tokenized securities already issued on blockchain rails, but almost no mainstream distribution channel to reach investors at scale.”　　Why the distribution problem matters more than issuance　　More than $24 billion in securities products have already been issued on blockchain networks according to RWA.xyz data. Crypto.news has tracked the rapid growth of tokenised Treasuries from $380 million in 2023 to $13.4

05-26Industry

Disney Reveals Star Wars Spinoff ‘Ahsoka’ Is 30% Cheaper Than ‘The Acolyte’

Pre-production of the second season of streaming show cost around 30% less than the sum spent on its counterpart according to recently-released filings.　　Released in 2024, became one of the most controversial instalments in Disneys saga. Before the show even launched on the Disney+ platform there was a disturbance in the force as it was branded woke due to its diverse female-led cast. This was supposedly the driving force behind its rating on review aggregator Rotten Tomatoes plummeting when it launched.　　Just a day after the debut of first episode its audience score stood at only 50% but even darker clouds soon began to gather. Overwhelmingly-negative reviews flooded in leaving with an audience score of just 19% which is lower than the notorious 1978 .　　The low score was attributed to unjustified review bombing with the key evidence for this being that the show‘s Rotten Tomatoes critics’ score stands at a more respectable 79%.　　However, the proof of the pudding was the size of the audience as the show only hit seventh place on Nielsen‘s Top 10 originals chart in its premiere week with 488 million minutes viewed. It climbed one spot in the second week but then experienced a dramatic fall from grace

05-26Industry

Sreeram Kannan Explains AI and Crypto Synergy at EigenLabs

AI is accelerating intelligence, but coordination remains stuck in the past. This was the central argument made by Sreeram Kannan, founder of EigenLabs, in a recent discussion with a16zcrypto. Kannan emphasized that while artificial intelligence has made intelligence practically free, the mechanisms that allow intelligence to produce tangible outcomes—like contracts, property, and capital markets—still operate at the speed of human bureaucracy.　　“Programmable intelligence needs programmable institutions,” Kannan stated, pointing out that blockchain technology is uniquely positioned to bridge this gap. With AI capable of making decisions in milliseconds, the bottleneck now lies in systems of coordination, which often take days and rely on manual intervention. This mismatch, Kannan argues, could define the next decade.　　AI Plus Crypto: A Necessary Convergence　　AI and blockchain have often been viewed as separate, even competing technologies. Kannan reframes this narrative, calling AI “intelligence accelerated” and blockchain “coordination accelerated.” The two, he suggests, are complementary. AI generates decisions and insights, but blockchain ensures those decisions are verifiable and enforceable through smart contracts and decentralized protocols.　　For example, a blockchain allows a program to hold property, carry limited liability, or even act as the legal core of a decentralized autonomous organization (DAO). This creates the foundation for autonomous AI agents

05-26Industry

CoinQuant trading launches AI agent architecture

CoinQuant trading platform has expanded its architecture to serve both human traders and autonomous AI agents.CoinQuant, with over 15,000 users since launch, is expanding its no-code AI trading platform into a unified intelligence architecture designed for autonomous AI agents.The platform converts plain-English strategy descriptions into complete trading systems covering entries, exits, position sizing, and risk rules, with tick-level backtesting.The expansion targets the emerging agent economy, where AI agents settled $73 million across 176 million blockchain transactions in the twelve months through April 2026.　　CoinQuant announced the expansion of its no-code trading platform into a unified trading intelligence architecture serving both human traders and autonomous AI agents. The company has attracted more than 15,000 users since launch with a product that converts plain-English strategy descriptions into full algorithmic trading systems, including entries, exits, sizing, filters, and risk rules.　　“I spoke one idea into CoinQuant, ran the test, and launched a bot on my lunch break,” said Alex K., a software engineer using the platform. The platform handles tick-level backtesting automatically from a users verbal or written input, without requiring coding skills.　　What CoinQuants AI agent architecture enables　　The expansion into agent-native infrastructure allows autonomous AI agents to deploy, test, and execute crypto trading strategies without

05-26Industry

MoonPay ChatGPT app lets users buy Bitcoin and XRP

MoonPay ChatGPT app is now the first crypto onramp inside OpenAIs platform, supporting Bitcoin, XRP and Solana.MoonPay launched a dedicated app in ChatGPT‘s App Store on May 22, making it the first and only crypto onramp integrated inside OpenAI’s chatbot.Users ask ChatGPT about a crypto asset and request a purchase amount, then receive a MoonPay checkout link to complete KYC and payment at moonpay.com.The app supports Bitcoin, XRP, Ethereum, Solana, USDC and 100-plus tokens across 30-plus chains in 160-plus countries via card, Apple Pay or bank transfer.　　MoonPay launched a dedicated app inside ChatGPT‘s App Store on May 22, allowing users to generate cryptocurrency purchase links without leaving OpenAI’s chatbot. The company called itself “the first and only crypto onramp integrated in ChatGPT” in its announcement post.　　The integration supports Bitcoin, XRP, Ethereum, Solana, USDC, and more than 100 other digital assets across more than 30 chains. Users complete KYC and payment on moonpay.com after the chatbot generates a checkout link, with payment options including card, Apple Pay, Google Pay, and bank transfer.　　How the MoonPay ChatGPT integration works in practice　　Users search for MoonPay in ChatGPTs Apps section, connect their account, and then ask the chatbot about a cryptocurrency before requesting a specific

05-26Industry

Anthony Edwards Uses Adidas Deal To Help Propel Off-Court Success

Anthony Edwards debuted in the NBA in the final days of 2020. Nearly three years later the Minnesota Timberwolves star revealed his first signature sneaker with Adidas and is now basking in the limelight of the brands most successful current signature basketball shoe, part of what helped him get named by as one of the Highest-Paid Athletes 25 and Under.　　The 24-year-old guard has played his entire NBA career with Timberwolves. A four-time NBA All-Star (he was the All-Star Game MVP in 2026) and Olympic gold medalist, Edwards on-court earnings of $46 million is plenty impressive. But the American basketball star rakes in another estimated $23 million off-court thanks to a mix of deals, including a docuseries, , released in 2026 on Amazon Prime Video, and sponsorships with Prada, Sprite, and Adidas.　　The Adidas partnership has helped grow Edwards stature in both the sneaker game and the business world. His first shoe, the Anthony Edwards 1, released in November 2023 and enjoyed success right through the release two years later in fall 2025 of his second model, the Anthony Edwards 2.　　Adidas　　As the No. 1 pick in the 2020 NBA Draft out of Georgia, Edwards signed with the German footwear giant in December

05-26Industry

Bitcoin Recovers Its $75,000 Threshold

Bitcoins (BTC) price has fallen below the moving average lines, but bulls have taken advantage of the dip. 　　BTC Price Long-Term Prediction: Bearish　　Buyers are attempting to push the price above the 50-day SMA support to prevent the cryptocurrency from declining further. If buyers succeed, Bitcoin will be limited to a range above the 50-day SMA support but below the 21-day SMA barrier.　　However, if sellers drive the price below the moving average lines, Bitcoin will continue its downward trend. The cryptocurrency is expected to fall further to lows of $72,000 and $66,000.　　Today, the price of Bitcoin has risen above its critical support of $75,000 and the 50-day SMA. On the upside, if buyers lift the price above the 21-day SMA barrier, Bitcoin will retest its previous high of $82,833. Meanwhile, Bitcoin is rising but remains stuck between the moving average lines. It is currently at $77,363.　　Technical indicatorsKey supply zones: $120,000, $125,000, $130,000Key demand zones: $80,000, $75,000, $70,000　　Bitcoin Price Indicator Analysis　　Bitcoin is recovering and trading above the 50-day SMA support but below the 21-day SMA resistance. This suggests a likely range for the asset between the moving average lines. Bitcoins upward momentum will continue once it breaks above the 21-day SMA.　　On the

05-26Industry

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