British Olympian Charged for Cryptocurrency Scam and Proliferation

CJ Ujah is in court for alleged involvement in cryptocurrency scams and cannabis sales.Ujah is charged with 10 others for tricking victims and stealing funds from their wallets.Celebrity involvement in crypto scams is a recurring issue in the cryptocurrency industry.  Prosecutors in Britain have charged CJ Ujah, who represented Team GB at the Tokyo Olympics in 2021, alongside nine other suspects at the Chelmsford Crown Court for running an elaborate scam involving cryptocurrencies and distributing illicit products.  Ujahs Crypto Scam and Cannabis Allegations  According to the prosecutors, Ujah and his gang engaged in phone calls to multiple victims, while purporting to be police officers and cryptocurrency companies. They tricked the victims into sharing crucial security details, which they used to steal funds from their crypto wallets. One of the victims allegedly lost more than 300,000 pounds to the suspected criminals.  Besides stealing crypto, the Crown Court also indicted Ujah for supplying cannabis on April 29. Meanwhile, all 10 defendants are facing charges of conspiracy to defraud, according to the Regional Organized Crime Unit Network. As of Thursdays hearing, none of the defendants were asked to enter a plea. However, they will appear at the Chelmsford Crown Court for the next hearing on July 24.  Ujah,

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Treasury bonds rally as dollar index sinks to 98.8

U.S. treasuries climbed while the dollar bond index dropped to an intraday low of 98.8, signaling a notable swing in risk sentiment across global markets.Gate data shows U.S. Treasury bond prices rising as the DXY falls intradayThe dollar index touched 98.8, slipping below the 100 base level for the benchmarkMoves come as markets reassess Fed policy, inflation path and demand for safe assets  According to Gate market data, U.S. Treasury bonds “continue to rise” while the U.S. dollar index, DXY, “has fallen to an intraday low,” currently quoted at 98.8 against a base value of 100. The move underlines a familiar macro trade: investors buying Treasuries as a haven while the dollar softens against a basket of major currencies.  The DXY is a reference index that tracks the dollar against six peers, including the euro, yen and pound, with 100 set as the benchmark level when the index was created in 1973. A reading of 98.8 implies the dollar is trading roughly 1.2% below that base, extending a decline that recently saw the index oscillate around the 99 to 101 range as traders reacted to shifting Federal Reserve expectations.  Bonds bid as dollar slips  Rising U.S. Treasury prices imply falling yields, a notable shift

05-30

Lithium Price Analysis: China Futures Rise Amid Weak Spot Demand

Futures for lithium carbonate closed up for Mysteel, following news of a postponed resumption at its Jianxiawo mine. The update was good for sentiment as market participants considered whether supply recovery could be slower than anticipated.  The market discussion was also opened by Zimbabwes government, which announced that 14 minerals, including lithium, nickel, cobalt, and graphite, are critical. The declaration establishes a compulsory minimum state interest via a special purpose vehicle.  The action comes in the wake of broader resource control activity in the critical minerals sector. The addition of another policy layer over global supply expectations for lithium comes on top of other factors, such as the increasing importance of governments to have tighter control of battery raw materials.  Buyers Stay Selective Before June  Downstream buyers were not in a hurry to build inventories, Mysteel said. Trading volumes were low over the day, but prices were improving during the session. That suggests that its not a matter of aggressive restocking but selection.  Nevertheless, the demand side is not nonexistent. Several LFP cathode plants are still increasing new capacity, suggesting increased production volumes could be seen in June. This may help drive lithium carbonate demand if battery material production is as anticipated.  Chinas push to invest

05-30

Bit Digital Grows Treasury to 158,462 ETH With New $20M Purchase

Ethereum  Bit Digital Grows Treasury to 158,462 ETH With New $20M Purchase  Bitcoin Ethereum News  Bit Digital Buys $20M in as CEO Backs Ethereum Digital Economy Thesis  Bit Digital has added another $20 million worth of ethereum to its balance sheet, reinforcing its position as one of the largest publicly listed corporate holders of . The Nasdaq-listed company announced that it bought about 8,568 on May 11, 2026. The tokens were acquired at an average price of $2,334.25 each.  Following the purchase, Bit Digital now holds approximately 158,461.75 . The company said the transaction supports its long-term strategy of building net asset value per share through disciplined ethereum accumulation.  The latest purchase comes as public companies continue to use digital asset treasuries as a way to give equity investors exposure. For Bit Digital, ethereum remains the center of that strategy.  “Our recent ETH purchase reflects our conviction in ethereum as foundational infrastructure for the future digital economy. This purchase strengthens our ETH treasury, lowers our average acquisition cost basis, and supports our commitment to NAV per share growth for our shareholders,” said CEO Sam Tabar.  He added that the company deploys capital across ethereum, AI infrastructure, and acquisitions, and moves when market conditions fit its investment thesis.  Bit Digital

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The Mistake Investors Are Making About Ethereum That Could Cost Them Money; Analyst

Ethereum  The Mistake Investors Are Making About Ethereum That Could Cost Them Money; Analyst  Bitcoin Ethereum News  Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scotts dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers.  Scott‘s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott’s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life.  With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless

05-30

DeFi Circuit Breakers: Risk Controls Before the Next Shock

Implementing Without Killing UX or Composability  Breakers should feel like speed bumps, not roadblocks. The trick is calibrating triggers and communicating status.  Calibration principlesData-driven thresholds: Use historical volatility, liquidity depth, and liquidation throughput to set limits. Revisit regularly.Asymmetric rules: It should be easier to exit risk than to add it. Always allow repayments, deleveraging, and redemptions where safe.Graceful degradation: Prefer fee increases and partial fills over full reverts when possible.Per-asset tuning: Long-tail tokens warrant tighter caps and faster triggers; blue-chip assets can bear looser limits.  Developer ergonomicsPublic status endpoints: Expose breaker state and parameters on-chain and via subgraphs so integrators can adapt.Enumerable error codes: Return explicit error reasons (e.g., ORACLE_STALE, RATE_LIMITED) so UIs can guide users.Allow-listed keepers: Ensure keepers/liquidators maintain permissions in soft-pause modes to protect solvency.Event-rich logging: Emit structured events with trip reason, thresholds, and involved assets for forensics.  User communication: Surface banners and per-asset warnings in the app. Show remaining quota in rate-limited markets (e.g., “Withdrawals: 63% of hourly limit available”). Document scenarios clearly.  Composability check: Test how upstream breakers propagate to downstream protocols. If a lending market soft-pauses borrows, ensure leveraged yield vaults fail gracefully rather than bricking withdrawals.  Governance, Delegation, and Human-in-the-Loop Risks  Fully algorithmic breakers can be predictable but inflexible. Human-in-the-loop systems

05-30

Payouts.com warns on AI agent payments

Payouts.com co-founders say the future of agent payments combines stablecoin rails with programmable control layers built for enterprise trust.Payouts.com CEO Leor Ceder says programmability, not wallets alone, will define which AI agents enterprises can trust by 2027.Co-founder Barak Hirchson lists five non-negotiable controls that make autonomous agent spending safe and auditable at scale.Stablecoins win in cross-border and machine-to-API micropayments; programmable infrastructure determines which rail gets used everywhere else.  Payouts.com co-founders Leor Ceder and Barak Hirchson say the next wave of AI agent commerce runs on stablecoin rails, and on the programmable control layer built on top of them. In their view, wallets are a necessary foundation, but the durable enterprise value sits in what governs them.  The position adds a critical dimension to the wallet-led narrative dominating agent payments today. Juniper Research forecasts cross-border B2B stablecoin payments will hit $5 trillion by 2035, up from $13.4 billion in 2026, with B2B taking 85% of total stablecoin transaction value.  Where stablecoins win and where smart rail selection matters  Hirchson, Payouts.coms chief solutions officer, said rail selection is decided by the recipient: country, payment method, urgency, amount, and cost all factor in. Stablecoins win cleanly in two scenarios.  The first is cross-border versus SWIFT, where wire fees

05-30

CFTC says some derivatives markets may not suit 24/7 trading

The CFTC has warned regulated derivatives platforms that round-the-clock trading may suit crypto-native markets but may not work safely across every traditional asset class.The CFTC warned that 24/7 trading may not suit every traditional derivatives market.Coinbase said the CFTC approval adds crypto perpetuals and global options to its regulated platform.The CFTC and Gemini asked a Manhattan court to vacate a $5 million settlement order.  The CFTC said in a Friday advisory that exchanges and clearinghouses should carefully assess products before extending trading and clearing to a 24/7 model. The agency said some markets can support constant access because newer trading systems use blockchain networks, decentralized infrastructure, crypto collateral, stablecoins, and mobile platforms.  The warning came as the agency also allowed CFTC-regulated crypto platforms to offer perpetual futures and global options.Coinbase said in a Friday blog post that the approval lets one of its regulated affiliates add the largest and most liquid category of global crypto trading to its existing 24-hour platform.  CFTC draws line between crypto and traditional markets  According to the advisory, the agency does not view all markets the same way regarding permanent trading hours. The CFTC said agricultural derivatives may face different limits because of their customer base, regional structure, and

05-30

Sui Halts Transactions After Another Network Outage, SUI Drops 8%

On May 28, 2026, Suis mainnet experienced another network outage as SUI token fell 8% after the incident.A crash bug in gas charging logic from the recent 1.72 software release with a similar stall recurring on May 29.This incident signals rising reliability challenges for high-speed Layer-1 blockchains as they scale.  The Sui (SUI) mainnet experienced a network stall that halted block production and prevented transaction processing, temporarily pausing activity across the ecosystem while validators and developers worked to restore normal operations and resolve the disruption. The incident lasted around six hours due to a consensus commit bug in a recent 1.72 software release, resolved after validators applied a fix.  Suis Mainnet Suffers Another Major Network Disruptions  On May 28, 2026, according to sources, Suis mainnet experienced a network stall that prevented the blockchain from producing new blocks and processing transactions. The outage brought activity across the entire ecosystem, to a halt while the Sui Core team and validators worked to fix the issue. Users were unable to complete transactions until the service was restored.  Additionally, the following day, on May 29, the network experienced another disruption. According to Sui Status, the mainnet remained in a “Major Outage” for two consecutive days, with the issue

05-30

Zcash (ZEC) Price Prediction: ZEC Bulls Defend Support as $600, $700, and $1,000 Targets Stay in Play

Zcash (ZEC) is holding a key macro support zone near $530–$540 as traders watch whether buyers can defend the pullback and reopen the path towards $600, $700, and eventually $1,000.  ZEC price is still one of the stronger performers in the current market, even after the latest pullback. According to Brave New Coin data, ZEC is trading near $536, with the 24-hour chart showing price moving between the $521 low and the $560 high. That keeps ZEC above its immediate lower support area, but the chart is now testing whether buyers can defend the latest correction.  ZEC Balanced Price Shows $304 as a Deeper Value Zone  One of the more important on-chain views came from Alphractal, which applied its Balanced Price metric to Zcash. The model places ZECs balanced price at around $304, representing a deeper adjusted cost-basis zone based on market activity and long-term spending behavior.  That does not mean ZEC must revisit $304 immediately, but it gives traders a lower macro reference point if the current rally cools off. With ZEC price trading well above that level, the market is still priced at a strong premium compared to its balanced value zone. This makes the current area important because any sharp correction

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