During a public hearing, Texas County Judge Joe Foss stated that the committee has not yet made a decision regarding the tax break for SpaceX's TeraFab project. According to Jin10, the discussion is ongoing, and no final resolution has been reached at this time.

Strategy's STRC preferred stock has declined to $94.84, representing a 5.2% discount from its $100 par value. According to NS3.AI, Tiger Research senior analyst Ryan Yoon indicated that this decline highlights stress within Strategy's leveraged Bitcoin acquisition framework.

Hyperliquid's monthly perpetual volume share against all centralized exchanges reached 6.63% in May. According to NS3.AI, HIP-3 recorded over $62 billion in volume during the same month.

Federal regulators are currently investigating George Santos for allegedly engaging in illegal trading on a Kalshi prediction contract related to his appearance at this year’s State of the Union address. According to NS3.AI, Santos has denied these accusations and stated that his legal team is in communication with the Department of Justice (DOJ).

Binance Blog published a new article, announcing Binance's membership in the Brazilian Association of Crypto Economy, ABcripto, and its participation on the association’s board. This move signifies a pivotal moment for Brazil’s digital-asset ecosystem, reflecting the country's growing maturity in the virtual asset market, characterized by enhanced regulatory dialogue, compliance practices, and institutional engagement. Through ABcripto, Binance aims to contribute to industry discussions on responsible innovation, market integrity, consumer protection, governance, and sustainable sector development. The decision to join ABcripto comes as Brazil emerges as one of the most dynamic crypto markets globally, with increasing retail and institutional adoption and more mature conversations around regulation and consumer protection. As the sector evolves, collaboration between companies, industry bodies, regulators, and public authorities is crucial to ensuring transparent and sustainable innovation. ABcripto plays a significant role in this evolution by providing a forum for dialogue on the future of the industry in Brazil. Binance’s entry into the association and its board is expected to broaden discussions, particularly on responsible innovation, market integrity, legal certainty, and international competitiveness. Diego Perez, vice president of ABcripto, emphasized that Binance’s entry marks a new institutional stage for the sector. He noted that the Brazilian virtual-asset market has matured significantly in recent years in terms of governance, compliance, and regulatory dialogue. Binance's involvement in ABcripto reflects this new institutional moment and the joint effort to create a safer, more competitive, and sustainable environment for the crypto economy in Brazil. Brazil’s digital-asset market is developing within a broader global context, with jurisdictions worldwide working to define clear rules for crypto, strengthen consumer protection, and build frameworks that allow responsible companies to grow while maintaining strong standards of market integrity. For Binance, participating in ABcripto is an opportunity to contribute international experience to Brazil’s local industry dialogue. As the world’s leading digital-asset platform, Binance operates across various markets and regulatory environments, providing a broad view of how different jurisdictions approach licensing, compliance, consumer education, operational security, and cooperation with authorities. Thiago Sarandy, general manager of Binance in Brazil, stated that the move aligns with Binance’s commitment to supporting a more mature and innovative industry. He highlighted that participating in ABcripto is part of Binance's commitment to building a more mature, secure, and innovative virtual-asset industry. Membership and participation on the Board allow Binance to contribute directly and proactively to the formulation of standards and dialogue with regulators and policymakers. Sarandy expressed the desire to use this position to elevate the level of debate and help consolidate Brazil as a global reference in virtual assets. Industry associations like ABcripto help transform fragmented conversations into structured dialogue, bringing different perspectives together and creating space for technical and policy discussions. For a market as large and important as Brazil, this kind of collaboration is essential. Binance intends to contribute to ABcripto’s work across several priority areas, including compliance, consumer protection, governance, responsible innovation, and the sustainable development of the sector. The company also plans to share international experiences and best practices to support the continued evolution of Brazil’s digital-asset ecosystem.

Anthropic has reportedly chosen Morgan Stanley and Goldman Sachs to lead its initial public offering (IPO), according to market sources. According to Jin10, JPMorgan Chase has also been selected to participate in the process.

The UK Prime Minister has criticized Reform UK leader Nigel Farage, urging him to address questions regarding a £5 million personal donation from Thai crypto billionaire Christopher Harborne. According to Odaily, the Prime Minister questioned why Farage kept the donation confidential. The donation occurred months before Nigel Farage's participation in the 2024 election and is currently under investigation by the Parliamentary Standards Commissioner to determine if it should have been registered. Farage responded by stating that he was not a Member of Parliament at the time and therefore was not required to declare the donation officially. Additionally, another crypto entrepreneur, Ben Delo, contributed £4 million to the party.

Saikat Chakrabarti has been eliminated from the race for California's 11th Congressional District after securing only 15% of the votes with 50% of the ballots counted. According to NS3.AI, Scott Wiener and Connie Chan have advanced from the all-party primary. Ripple co-founder Chris Larsen contributed to Wiener's campaign and supported a political action committee that opposed Chakrabarti.

U.S. Treasury Secretary Scott Bessent announced during a Senate Finance Committee hearing that the Treasury Department is steadily advancing the establishment of a strategic Bitcoin reserve. According to ChainCatcher, Bessent urged lawmakers to support the Clarity Ac digital asset regulation bill, expressing hope that it will pass this summer to incorporate U.S. best practices and position the country as a global innovation hub. Bessent acknowledged the complexity of creating a strategic Bitcoin reserve but emphasized that the process is progressing with a focus on adopting best practices to ensure sustainability.

McKinsey predicts that by 2030, AI agents will facilitate $3 trillion to $5 trillion in global consumer business transactions.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse industry.

Trump: After peace talks broke down, the specter of World War III returned to the Middle East. Golden Finance: Iran, Hezbollah, and Israel are back on the path to war.

The battle for control of South Korean cryptocurrency exchanges began amidst this contrast.

The software sector is experiencing a strong rebound, completely reversing its long-standing neglect by the market.

South Korea's payment and cryptocurrency exchanges are all changing owners? A battle for market share among South Korean financial giants. Golden Finance reports that securities firms and banks are working together to reshape the South Korean cryptocurrency landscape.

Nvidia and BlackBerry are not dead. BlackBerry has become the piece of the puzzle that Nvidia needs. Jinse Finance, with a background in auditing at one of the Big Four accounting firms, has extensive experience in the real estate and private equity sectors.

Security is not just about keeping your mnemonic phrase safe, but also about understanding every step of the process before connecting to DApps, authorizing/transacting, and making cross-chain transfers.

The cryptocurrency market witnessed another round of extreme sell-offs, with Bitcoin rapidly declining in the short term, falling below $66,000 at its lowest point, a single-day drop of over 6%, and a weekly cumulative drop approaching 10%, completely ending its previous steady upward trend.

In mid-to-late May 2026, the crypto market completed a psychological shift from "neutral optimism" at the beginning of the month to "extreme caution" at the end.