Latest Crypto News & Market Updates

Prediction Market Myriad Launches $100K World Cup Competition

Prediction market Myriad has launched a $100,000 trading competition for the 2026 FIFA World Cup.The prize pool awards $20,000, $10,000, and $5,000 to the top three traders, with $10,000 split among the remaining leaderboard and $5,000 in weekly rewards for top makers.The contest builds on Myriads partnerships with Chainlink for oracle-based market resolution and 55 Tech for real-time sports data.　　With the soccer World Cup set to kick off next month, prediction market Myriad is launching a trading competition in collaboration with Layer-1 blockchain D.Energy, with $100,000 up for grabs.　　“Were thrilled to be running this contest during the World Cup,” said Myriad Co-Founder and President Farokh Sarmad. “With billions of viewers tuning in to the tournament from around the world, this is a great opportunity to showcase how prediction markets work around sports tournaments on a global stage.”　　With over 75 multi-binary markets at launch, the FIFA World Cup 2026 Prediction Contest enables Myriad users to make predictions on every single match in the competition. A prize pool of $100,000 is on offer for top traders and makers.　　The top three traders receive $20,000, $10,000 and $5,000 respectively, with the remaining $10,000 split among the rest of the leaderboard, which runs to the

05-28Industry

Michael Burry warns Wall Street ‘it feels like’ dot-com bubble peak

Nasdaq and S&P 500 performance in the dot-com bubble.　　Burry has listed several fundamental reasons why Wall Street investors should remain cautious of a potential dot-com-like peak. For instance, the Nasdaq rose 84% during its dot-com peak and is up 31% over the past 12 months. Additionally, he noted that the tech sector accounted for 33% of the S&P 500 at the dot-com bubble, compared with 32% today.　　Meanwhile, the Cyclically Adjusted Price-to-Earnings (CAPE) ratio, which measures how expensive the stock market is relative to corporate earnings, hit 40x at the dot-com peak, and it is at 40x again in 2026. Burry highlighted that margin debt was at record highs before the dot-com crash and is at record highs now.　　During the dot-com bubble, Hedge funds held 31% of their portfolios, and in 2026, 33% was concentrated entirely in a handful of big tech names. Furthermore, he noted that upcoming Initial public offerings (IPOs) from Space Exploration Technologies Corp., Anthropic PBC, and Open Artificial Intelligence Inc. could collectively raise as much as, or more than, the combined proceeds of the roughly 300 internet and technology, media, and telecommunications IPOs of 2000.

05-28Industry

Elon Musk could become a top 5 corporate bitcoin (BTC) holder if Tesla and SpaceX merge

Elon Musk could soon control one of the largest corporate bitcoin holdings in public markets if Tesla and SpaceX ultimately merge, according to reports surrounding ongoing internal discussions about combining the companies.　　CNBC reported Tuesday that Musk has discussed with colleagues the possibility of folding Tesla and SpaceX together, citing people familiar with the talks. A current Tesla employee told CNBC that many workers at the electric vehicle company have long expected such a transaction to eventually happen and that the possibility is openly discussed internally.　　Another person close to the company reportedly said growing overlap between the businesses — particularly around power infrastructure and computing constraints tied to artificial intelligence — has increased collaboration between the firms.　　The potential merger would also create one of the largest corporate bitcoin treasuries in the world.　　Tesla currently holds 11,509 bitcoin, while SpaceX owns 18,712 bitcoin, according to public disclosures and blockchain treasury tracking data. Combined, the companies would control 30,221 bitcoin worth roughly $3.3 billion at current prices.　　That total would make the merged company the fifth-largest public corporate holder of bitcoin globally.　　The combined holdings would trail only Michael Saylor‘s Strategy (MSTR), bitcoin investment firm Twenty One Capital (XXI), Jack Mallers’ bitcoin-focused venture and bitcoin mining

05-28Industry

Robinhood Unleashes AI Agents for Autonomous Trading

Robinhood launches AI agents for stock trading and spending with strict user-controlled limits.Agentic Trading separates funds into wallets so AI acts only within set risk boundaries.New tools let users automate investing and purchases while keeping real-time manual control.　　Robinhood is letting customers use AI agents to trade stocks and make purchases, marking one of its biggest steps yet into automated retail investing. The company rolled out the feature in the United States on Wednesday, allowing users to connect external AI systems that can execute trades and spending actions directly on its platform.　　The company also introduced “Agentic Trading” and an “Agentic Credit Card,” which allow AI agents to act on behalf of users under controlled limits. Investors can assign tasks such as rebalancing portfolios, following market themes, or finding deals for purchases.　　Besides trading, the agents can also handle spending through virtual cards with set restrictions. CEO Vlad Tenev said, “Our mission has always been to democratize finance for all, and now, that mission extends to AI agents.”　　AI Agents Enter Retail Finance　　Robinhood has separated AI trading activity from users main accounts to limit risk. Customers fund a dedicated trading wallet, and AI agents can only use that balance. Hence, the setup prevents full

05-28Industry

StakeDAO vsdCRV Attacker Limited to $91K By Thin Liquidity

Incident points to a deployer-key compromise　　Shalev Keren, chief product officer and co-founder of crypto key-management firm Sodot, told Cointelegraph that the StakeDAO incident was “structurally similar” to other deployer-key compromises seen this year, including the Wasabi incident last month, which drained about $5.5 million in crypto.　　Keren said a single StakeDAO deployer key on Arbitrum was used to repoint the vsdCRV cross-chain bridge configuration to an attacker-controlled contract on Ethereum. About 25 seconds later, that contract sent a LayerZero message back to Arbitrum, causing the legitimate Arbitrum token to mint more than 5 trillion vsdCRV to the attacker.　　“There is no smart contract bug here and no flaw in LayerZero,” Keren said. “There is one private key, controlling one privileged configuration function, with no multi-signature and no delay between the configuration change going through and the mint clearing onchain.”　　Keren said the broader issue for DeFi protocols in 2026 is no longer only whether contracts are audited, but whether the operational keys behind those contracts remain single points of failure.

05-28Industry

Ionis Pharmaceuticals (IONS) Stock Surges on Promising Hepatitis B Drug Trial Results

Ionis Pharmaceuticals saw increased investor interest following GlaxoSmithKlines disclosure of successful Phase 3 clinical outcomes for bepirovirsen. This investigational therapy employs an antisense oligonucleotide mechanism to combat chronic hepatitis B infection. The treatment was originally developed by Ionis before being licensed to GSK through a comprehensive partnership established in 2019.　　The pair of late-stage clinical studies, designated B-Well 1 and B-Well 2, successfully achieved their primary endpoints. Combined analysis revealed a 19% functional cure response among treated participants after a six-month therapeutic course. In stark contrast, control groups receiving placebo demonstrated zero functional cure responses throughout both investigations.　　These outcomes specifically applied to adult patients presenting with hepatitis B surface antigen concentrations at or under 3000 IU/mL. A particularly responsive subset—those with levels not exceeding 1000 IU/mL—achieved an impressive 26% functional cure rate. This patient population constitutes approximately 45% of all diagnosed chronic hepatitis B infections globally.　　Regulatory Momentum Builds Across Multiple Jurisdictions　　Bepirovirsen currently holds priority review status with the U.S. Food and Drug Administration, complemented by both Breakthrough Therapy and Fast Track designations domestically. The emergence of these robust Phase 3 results coincides strategically with this crucial regulatory evaluation timeframe.　　GSK has simultaneously pursued regulatory approval pathways in Europe, Japan, and China. Japanese

05-28Industry

WhiteBIT, Tether & TradingView Launch up to $50K Futures Battle with 400+ Prizes

[PRESS RELEASE – Vilnius, Lithuania, May 28th, 2026]　　10+ top crypto influencers lead squads in an 8-week live trading competition — open to traders of all levels worldwide.　　WhiteBIT, the largest European cryptocurrency exchange by traffic, has launched WhiteBIT Influence Trade Battle — an 8-week global futures trading tournament with a squad prize pool of up to 50,000 USDT and 400+ prize places, in partnership with TradingView. The tournament is supported by Tether, one of the most recognised names in the digital asset industry and issuer of USDT.　　The competition features 10+ leading crypto influencers, each commanding their own squad, and is designed for traders at every level — from beginners making their first moves to seasoned professionals competing for the top.　　A new kind of trading competition　　The Influence Trade Battle introduces a new, community-driven format built around collaboration. Participants join a squad led by their favourite influencer, trade futures on WhiteBIT using TradingView as their interface, and compete simultaneously on individual and team rankings. The format combines competition with real engagement.　　How it works　　Participants join influencer-led squads, trade and compete across both individual and team rankings — unlocking additional rewards through active participation.　　The tournament is designed to be inclusive, with weekly rewards from day

05-28Industry

New York passes Mamdanis pied-a-terre tax. Who pays and how much

Under the new tax, Griffin — who is a tax resident of Florida — would see his Manhattan property tax bill more than triple, according to CNBC calculations.　　Griffin purchased his 24,000-square-foot penthouse at 220 Central Park South in 2019 for $238 million. However, according to government records, the city values the apartment at just $15.5 million. Griffins property tax bill for the 2026-2027 tax year is $858,332, according to city records.　　In the first two years of the pied-a-terre tax, Griffins property tax bill would more than double to $1.87 million, according to Pollack. Starting in the 2028-2029 tax year, it would increase to just under $4 million.　　Griffin also purchased two apartments at 740 Park Avenue for a total of $83 million, according to reports. The tax on those units would be $1.1 million starting in 2028, bringing his total Manhattan property tax bill for all his properties to more than $5 million.　　While the citys politicians say the wealthy can afford it, real estate brokers and tax attorneys say the sticker shock will be significant.　　“All my clients already feel like they pay too much,” Pollack said. “These numbers are significant. I dont care how wealthy you are.”　　Choose CNBC as your preferred

05-28Industry

Polymarket Tightens ID Checks Amid Sanctions Pressure Growth

Polymarket tightens ID checks as regulators target sanctions gaps and offshore trading access risks.VPN use and routing tricks keep exposing gaps in Polymarkets geo-blocking enforcement system.Rising prediction market volumes trigger U.S. probes into trading, identity checks, and compliance.　　Polymarket is tightening identity checks as regulators step up pressure on prediction markets over sanctions risks and offshore access concerns. The platform has come under closer scrutiny after reports showed users in restricted countries still managed to access markets using VPNs, bots, and other workarounds.　　According to The Information report, company documents show that Polymarket blocks users from countries including the United States, Russia, Iran, Germany, France, the United Kingdom, and the Netherlands.　　However, enforcement concerns continue growing as some users reportedly bypass those restrictions through indirect routing methods. Polymarket‘s developer guidelines state that “orders submitted from blocked regions will be rejected,” signaling that location monitoring now plays a central role in the platform’s compliance strategy.　　Prediction Markets Face Regulatory Heat　　Prediction markets have increased in popularity since mid-2025 as traders poured billions into bets tied to elections, sports, cryptocurrencies, and global events.　　A report from Pew Research Center showed combined monthly trading volume on Polymarket and Kalshi jumped from less than $5 billion in September 2025 to

05-28Industry

XRP RWA Boom Outpaces Ethereum, Hits $400M in 15 Months

XRPs Tokenized RWA Surge Is Outpacing Ethereum and Redrawing the Crypto Map　　According to crypto research firm Evernorth, XRP is emerging as one of the for tokenized real-world assets (RWAs), with momentum now outpacing several leading ecosystems, including Ethereum.　　So far in 2026, RWAs on the XRP Ledger have risen from about $227 million to over $404 million, a 78% year-to-date increase. Over the same period, Ethereum has posted roughly 35% growth, putting XRPs expansion rate at more than double that of the market leader in tokenization.　　Source: Evernorth　　Well, the gap becomes even more striking when measuring speed to scale rather than total value. XRP moved from $10 million to $400 million in tokenized assets in just 15 months, compared to to reach the same threshold.　　Source: Evernorth　　XRPs Institutional Momentum Is Reshaping the Tokenization Race　　Evernorth notes that XRPs bullish momentum on the RWA front doesnt stop there since it has also scaled faster than Avalanche by six months and Polygon by seven, placing it in the same high-growth cohort as networks like Solana, Arbitrum, and zkSync Era, platforms currently defining the frontier of on-chain tokenization.　　Rather than being driven by retail speculation, the growth appears to come in large, episodic allocations, meaning institutional investors amid

05-28Industry

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