Key Takeaways Minnesota Gov. Tim Walz signed HF 3709, letting state-chartered banks offer bitcoin and crypto custody. The law takes effect Aug. 1, 2026, requiring a 60-day Commerce Department notice before services launch. St. Cloud Financial Credit Union reported 20% of members hold crypto, signaling strong local demand. State-Chartered Banks in Minnesota Will Be Able
Key Takeaways Bitmine holds 5.28M ETH at 4.37% of total supply, targeting 5% of the 120.7M token float by end of 2026. BMNR staking 4.7M ETH generates $289M in annualized revenue at a 2.80% seven-day yield. Tom Lee says CLARITY Act odds exceed Polymarket’s 61% estimate, which could unlock Wall Street ETH products. Tom Lee
Key Takeaways Strategy adds 24,869 BTC for $2.01 billion, bringing its total holdings to 843,738 bitcoin as of May 17, 2026. The $75,700 blended average cost basis and 12.6% BTC Yield YTD signal continued confidence in bitcoin as a treasury asset. Strategy plans to retire $1.5 billion in 2029 convertible notes, reshaping its debt structure
Key Takeaways The Verus-Ethereum bridge lost $11.5M, with the attacker converting 103.6 tBTC, 1,625 ETH, and 147K USDC into ~5,402 ETH. Blockaid flagged the Verus exploit in real time, and several security firms confirmed the attacker’s wallet was seeded via Tornado Cash. The attack is part of a broader surge as Peckshield has already tracked
Key Takeaways Real Vision’s Raoul Pal called the U.S.-China AI race “unlike any rivalry in history” in a May 18 post on X. Pal proposed Universal Basic Equity at Consensus 2026 in Miami as AI threatens to automate large-scale knowledge work. A report has found China winning key AI dimensions, particularly efficiency and deployment, despite
Key Takeaways AMGI Studios integrated the HOOLI token launch and May 18 airdrop into a 30-episode series finale. The My Pet Hooligan franchise surpassed 600,000 Epic Games Store downloads with this Web3 model. HOOLI holders will gain early access to upcoming AI integrations and expansions across major platforms. Token Utility and Ecosystem Integration Transmedia entertainment
Key Takeaways Bitget AI disclosed that it crossed 1 million users and $1.2 billion in trading volume across 58 tools as of mid-May 2026. CEO Gracy Chen signals Bitget is shifting from AI chat features to full execution, targeting an agent-native exchange model. AI Trading Playbooks launched in beta, letting traders build and deploy natural-language
Key Takeaways Authorities charged Dream Market’s Owe Martin Andresen with 12 money laundering counts for buying gold with flagged cryptocurrency. IRS CI’s tracking of $1.7M in gold bought via Bitpay proves dormant darknet crypto can be traced. Following a May 2026 raid, Andresen will next face up to 20 years in prison for each charge.
Key Takeaways Trump warned Iran on Truth Social on May 17, 2026, after a call with Netanyahu, adding pressure to stalled ceasefire talks. Hyperliquid oil perps xyz:WTIOIL and xyz:BRENTOIL topped $102 and $106, with combined open interest above $481 million. Trump convenes the Situation Room on Tuesday to weigh military options if Iran fails to
Key Takeaways Iran’s Ministry of Economy reportedly launched Hormuz Safe on May 16, 2026, targeting $10B in annual revenue. Hormuz Safe will ostensibly settle maritime insurance policies in bitcoin, raising U.S. sanctions compliance concerns for cargo operators. The platform covers Persian Gulf and Strait of Hormuz transits, with policy terms and war-damage exclusions still evolving.