Decentralized prediction market Polymarket has become inaccessible to users in the Philippines utilizing the Globe Telecom network. Visitors attempting to access the platform via Globe are currently redirected to a standard “Access Restricted” landing page hosted by the Cybercrime Investigation and Coordinating Center (CICC): Polymarket blocked by Globe ISP in the Philippines. When accessing the
Key Takeaways Coinbase CEO Brian Armstrong highlighted 8 financial gaps spanning assets, markets, payments, AI, regulation, access, fundraising, and sound money. Stablecoins and tokenized assets remain central as blockchain-based finance expands into institutional markets. Policy changes and technical progress could shape how widely these systems reach users. Finance Still Needs These 8 Core Upgrades, Coinbase
Key Takeaways Brent crude fell below $99 on May 24 as Trump declared a U.S.-Iran deal “largely negotiated,” targeting the reopening of the Strait of Hormuz. JPMorgan forecasts Brent averaging $60 long-term if tensions ease, with WTI potentially sliding into the $80s on confirmed supply restoration. Bitcoin held near $77,000 through the Memorial Day weekend
Key Takeaways Buterin detailed on May 24, 2026, that the Ethereum Foundation (EF) holds only 0.16% of all ETH, far below rivals. The EF plans to shrink its scope, focusing solely on censorship-resistance, privacy, and open infrastructure for Ethereum. Buterin called for artificial intelligence (AI)-assisted formal verification to make Ethereum provably bug-free within months. Buterin
Key Takeaways Fenwick & West agreed to pay $54 million to settle FTX customer claims, pending approval by Judge K. Michael Moore. The deal brings combined professional services payouts tied to the FTX collapse to roughly $66 million. A separate $525 million lawsuit filed in May 2026 in D.C. by 20 FTX victims names Fenwick
Key Takeaways Michael Burry cited Neal Stephenson’s 1992 novel Snow Crash in a May 19 Substack warning about SEC tokenized stock plans. The SEC under the Trump administration proposed an innovation exemption for crypto firms, but delayed the plan on May 22, 2026. Burry’s warning signals growing investor concern that tokenized equities could expose markets
Key Takeaways Strategy highlighted bond-related activity instead of bitcoin buying after holdings climbed to 843,738 BTC. Preferred stock, debt obligations, and liquidity reserves remain central investor concerns. Future financing activity may signal another phase of large-scale BTC accumulation. Saylor’s ‘BitVac’ Comment Puts BTC Buying on Watch Michael Saylor, executive chairman of Strategy Inc. (Nasdaq: MSTR),
Key Takeaways Gold fell roughly $30 to $35 per ounce during May 17-24, pressured by a DXY near 99.32 and rising Treasury yields. FOMC minutes released May 21 reinforced higher-for-longer Fed expectations, extending gold’s 16% slide from its January 2026 peak of $5,589. Central banks continue net gold purchases, keeping gold bug targets above $5,000
Key Takeaways StablR’s EURR dropped to $0.85, and USDR fell between $0.40 to $0.64 on May 24 after attackers minted unbacked tokens. A 1-of-3 multisig threshold reportedly let attackers hijack minting controls, draining roughly $2.8M in ETH. Onchain observers flagged StablR’s alleged weak multisig setup as a governance risk that MiCA regulation did not prevent.
Key Takeaways. Bitcoin lost $80K as ETF demand cooled; Glassnode sees resistance, with October bottom eyed. Ethereum saw 8 EF exits and 31% staking; Bankless turmoil may spur a new ETH org. Hyperliquid’s HYPE rose 50% on $11M fees; CME pressure and ETF flows are next tests. Bitcoin spent the week grinding downward after losing