Latest Crypto News & Market Updates

XRP users warned as fake Xaman airdrop scams spread

XRP Ledger developer and Xaman founder Wietse Wind renewed a warning to XRP users after scam accounts again targeted the wallets brand. Xaman founder Wietse Wind said fake desktop wallet and airdrop scams are targeting XRP users.More than 20 scam X accounts and 10 fake domains now appear daily, Wind said.Related reports said David Schwartz warned XRP users about fake airdrops and impersonators across platforms.　　His latest post said fake Xaman accounts and websites continue to promote a desktop wallet and airdrop that do not exist.　　The warning follows a similar alert from Ripple CTO Emeritus David Schwartz earlier this month, when he said fake airdrops, giveaways, and impersonators had increased across the XRP Ledger community. The fresh notice keeps attention on social engineering risks around XRP wallets.　　Fake Xaman accounts target XRP users　　We report them all. New ones pop up　　He warned users in direct terms: “There is no desktop wallet! No airdrop!” He added that the team reports the accounts, but new ones continue to appear. The message was aimed at users who may see fake links in replies, posts, or search results.　　Scammers push fake wallet downloads　　The fake campaigns often use copied branding to make users believe they are dealing with Xaman.

05-25Industry

How the StablR exploit drained $10.4M via unbacked stablecoin issuance

Selling pressure accelerated immediately once the unbacked supply entered circulation across thinner decentralized liquidity pools. EURR then collapsed toward roughly $0.86, while USDR slipped beneath the broader $0.80 region as traders rushed toward exits.　　Attackers eventually swapped nearly $10.4 million worth of newly minted tokens and extracted around 1,115 ETH beneath deteriorating liquidity conditions.　　The exploit reinforced how weaker operational safeguards can destabilize stablecoin trust faster than traditional code vulnerabilities during stressed market environments and volatile liquidity conditions.　　Stablecoin trust shifts toward governance security　　The StablR exploit had already exposed how weak governance controls can quickly damage stablecoin confidence during active market conditions. Institutions later became more cautious once repeated exploits exposed deeper weaknesses across minting and approval systems.　　Peg stability now hinges on how securely issuers manage token creation and reserve access. Capital is shifting toward stablecoins with stronger wallet protections and stricter approval rules.　　While reserve backing continues to support confidence, long‑term trust and institutional participation increasingly depend on robust operational safeguards across global stablecoin markets.

05-25Industry

NuScale Power (SMR) Stock Surges Following Amazon Partnership — Major Funding Decision Looms

Shares experienced a notable uptick last week following Amazons announcement of agreements to utilize small modular reactor technology for its artificial intelligence data center operations. NuScale, recognized as a leading player in the SMR sector, benefited from the resulting positive sentiment.　　Trading activity in SMR reached 30.2 million shares on the day Amazon revealed its plans, compared to the typical 28.9 million daily average — demonstrating the markets responsiveness to developments in this emerging sector.　　However, the potentially more significant catalyst may originate from Eastern Europe.　　This past February, Romania‘s energy minister revealed a Final Investment Decision regarding NuScale’s 462-megawatt SMR facility in Doicești. The initiative aims to replace 600 MW of coal-fired generation with clean, reliable power utilizing six NuScale reactor modules.　　This decision advanced the project beyond the analytical stage into active implementation. The remaining requirement is securing financial backing.　　Romanian Prime Minister Ilie Bolojan estimated construction expenses could reach $7 billion. He maintained a measured tone regarding the timeline, noting the funding structure remained under development and that “the complexity of such projects and the technology being in early days” indicated the investment wouldnt materialize instantly.　　Yet Romanias energy minister provided more concrete timing guidance: the financing process would require approximately six months

05-25Industry

Cardano governance fight grows as Hoskinson audits 11,000 DAOs

Cardano founder Charles Hoskinson has started a broad review of more than 11,000 decentralized autonomous organizations as debate grows over how the network should fund research, product work, and future governance changes. Hoskinson is reviewing 11,000 DAOs to study governance design, roadmaps, executive function, and strategy setting.Crypto.news reported 81% active stake opposed a 32.9 million ADA research funding proposal this week.DefiLlama showed Cardano chain revenue near $517, adding pressure to funding and ecosystem growth debates.　　The review comes during a tense period for Cardanos treasury system and its 2027 constitution process.　　Hoskinson said he has begun a governance review covering more than 11,000 DAOs and a decade of research inside and outside crypto. He said the work will study executive function, roadmap control, and strategy setting across different governance models.　　I‘ve begun a comprehensive governance review of over 11,000 DAOs and a decade of literature in and out of our space to study executive function, roadmap, and strategy setting. The goal will be to propose some ideas to add new features to Cardano’s governance via the constitution…　　He added that the goal is to suggest new features for Cardano governance through the constitution and new technology. He also said he may become a delegate

05-25Industry

Coherent (COHR) Stock Skyrockets on Nvidia Deal and Quarterly Results

The partnership with Nvidia represents far more than simply capital infusion. This agreement demonstrates that a dominant player in the artificial intelligence sector is making a direct commitment to Coherents technological capabilities.　　Executives disclosed that orders for the companys AI-oriented optical transceivers now extend through 2028. Such extended revenue visibility is uncommon in the industry and provides shareholders with substantial clarity regarding future financial performance.　　Coherent manufactures optical modules and transceivers — essential components that transform electrical signals into optical signals enabling rapid data transmission within data center environments. As AI workloads continue expanding, the requirement for faster, higher-capacity networking infrastructure has elevated these components to mission-critical status.　　Bank of America increased its price objective for COHR shares after reviewing the quarterly results, joining a growing chorus of Wall Street analysts expressing optimism about the companys prospects. Industry observers increasingly recognize Coherent as an essential provider for emerging AI infrastructure deployments.　　Robust Order Book and Manufacturing Improvements　　Exceptional bookings announced during late 2025 indicated substantial customer demand ahead of the most recent quarterly report. These bookings represent firm commitments rather than preliminary inquiries, establishing a defined revenue trajectory through fiscal 2026 and extending into 2027.　　Supply chain dynamics have shown meaningful improvement. Following challenges similar to

05-25Industry

Tema Space Innovators ETF (NASA) Reaches $1 Billion Milestone in Record Time

Tema Space Innovators ETF, NASA　　Launching on March 31 with just $1 million in initial seed funding, the fund has since expanded to $1.27 billion in total assets.　　Since its debut, the ETF has delivered a 46% return, significantly outperforming competitors UFO (up 32%) and ARKX (up 17%) during the identical timeframe. The only space-sector fund posting stronger results is the Roundhill Space & Technology ETF (MARS), which gained 53% over this period.　　The primary attraction for NASA is straightforward: it remains the sole space ETF providing access to SpaceX.　　Following SpaceX‘s S-1 filing on Wednesday in preparation for next month’s anticipated public offering, investor interest surged dramatically. The fund attracted $375 million in assets in just one trading session.　　SpaceX Public Offering Anticipation Drives Capital Inflows　　The impending SpaceX public offering has emerged as among the most eagerly awaited market debuts in recent memory. For those seeking early exposure before shares begin trading publicly, NASA has represented the sole ETF pathway.　　This unique positioning has propelled NASA ahead of more established competitors. UFO, despite its longer market presence, currently manages $972 million in assets. ARKX holds $944 million. While both funds have experienced solid inflows—$456 million and $143 million respectively in 2024—neither approaches NASAs extraordinary growth

05-25Industry

Berkshire Hathaway (BRK.A) Stock: Greg Abel’s First Quarter Delivers Three Major Portfolio Shifts

Greg Abel completely divested Berkshires Visa and Mastercard positions in Q1 2026Delta Air Lines joined the portfolio with a 39.8 million share purchase valued at $2.8 billionThe Alphabet investment grew threefold to 54.2 million A shares, totaling $23 billionSixteen smaller holdings were eliminated, including Pool Corp, UnitedHealth, and AmazonApple continues as the portfolios dominant position, representing 20.7% of the $330 billion total　　Greg Abel‘s inaugural quarter as Berkshire Hathaway’s CEO demonstrated a decisive approach to portfolio management, implementing significant changes across the conglomerate‘s $330 billion investment portfolio. These strategic moves indicate a notable departure from Warren Buffett’s investment philosophy.　　The new CEO orchestrated a complete exit from credit card giants, disposing of Berkshire‘s full 8.3 million-share Visa position alongside the entire Mastercard stake. While these holdings each comprised approximately 1% of total assets, their elimination provides insight into Abel’s current assessment of the payment processing industry.　　Notably, American Express remained untouched throughout these changes. The financial services company now stands as Berkshires second-most valuable investment at $47 billion.　　A Return to Aviation Investments　　Warren Buffett made headlines by liquidating approximately $4 billion in airline investments during the early stages of the COVID-19 pandemic in 2020. The sector remained off-limits under his leadership. Abel has reversed

05-25Industry

Hoskinson Signals Governance Overhaul for Cardano Amid Internal Tensions

Charles Hoskinson has launched a broad review of governance structures across more than 11,000 decentralized autonomous organizations (DAOs) as he looks to reshape how Cardano (ADA) resolves internal conflicts.　　The Cardano founder announced the initiative on X on Sunday, citing a decade of governance research as the foundation for proposals he intends to bring forward via the networks constitution and new technology.　　A Push to Resolve Cardanos Internal Conflicts　　The announcement arrives against the backdrop of a sharp governance dispute over IOGs treasury funding proposal, which is tracking toward rejection ahead of its June 8 deadline. Roughly 87% of Delegated Representatives (DReps) are currently voting against the measure, which funds Cardanos 2026 research roadmap including quantum security and scaling architecture.　　Hoskinson has warned that IOG will not resubmit the proposal if rejected and that a failure could trigger layoffs and damage the networks research-driven identity.　　He is now weighing whether to register as a DRep himself, a move that would give him a direct vote in Cardanos on-chain governance system.　　He is also considering hosting a mini-convention before the 2027 governance cycle to align stakeholders around proposed constitutional reforms.　　I‘ve begun a comprehensive governance review of over 11,000 DAOs and a decade of literature in and out

05-25Industry

Redwire (RDW) Stock Surges 13% on Major Defense and Space Contract Wins

The surge follows a series of significant contract announcements spanning both the companys unmanned aerial vehicle and space technology segments.　　The firm secured an additional $15 million purchase order from the U.S. Armys 1st Aviation Brigade for another batch of Stalker surveillance drones. This brings cumulative Stalker contracts to $24.8 million across the last eight-month period.　　Following that announcement came a separate long-term agreement with an unnamed NATO member nation for delivery of Penguin Mk3 unmanned aircraft systems. Company officials characterized the deal as “high eight-figures,” placing its value in the several tens of millions of dollars.　　Both agreements flow through Redwires Edge Autonomy unit, which the corporation purchased in 2025 for $925 million. The acquisition initially surprised industry observers — Redwire had established itself primarily as a space-focused enterprise. That strategic gamble appears to be paying dividends.　　Redwire currently maintains a $498.1 million contract backlog, and these fresh wins contribute to what market watchers view as the crucial question: can expanding defense programs balance out the unpredictability inherent in fixed-price space development work？　　Space Division Scores DARPA Win　　The drone announcements weren‘t the company’s only positive news. Redwire secured prime contractor designation for DARPAs “Otter” initiative — a program focused on creating air-breathing spaceplane technology

05-25Industry

Constellation Energy (CEG) Stock Rallies 10% on Strong Q1 Results and Grid Auction News

During the first quarter of 2026, Constellation posted revenue of $11.12 billion alongside net income of $1.59 billion. Both figures surpassed analyst estimates and triggered a wave of buying interest.　　On May 20, the stock surged 7.4% following an announcement from PJM Interconnection regarding an accelerated timeline for a reliability auction. PJM operates the electrical grid serving much of the eastern United States, and this decision was widely interpreted as favorable for power generators like Constellation that serve high-demand customers including data centers.　　NRG Energy and Vistra experienced similar gains on the same trading day — rising 7% and 6.6% respectively — indicating that the PJM announcement created momentum across the entire power generation sector.　　Fresh Generation Assets Enter Service　　During the quarter, Constellation activated the Pin Oak Creek Energy Center, a 460 MW natural gas facility. This plant enhances the companys ability to provide dispatchable power on demand, complementing its existing portfolio of nuclear, wind, solar, and hydroelectric resources.　　Additionally, the company commissioned the Pastoria Solar Project, which delivers 105 MW of clean energy capacity. This expansion comes as enterprise customers increasingly seek carbon-free electricity sources for their operations.　　The U.S. Department of Energy also issued a directive requiring Constellation to maintain operations at its

05-25Industry

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