The repeated security breaches could undermine trust in decentralized 
protocols, potentially impacting user adoption and market stability.
The post THORChain loses $11 million in suspected exploit as RUNE tumbles 13% 
appeared first on Crypto Briefing.

THORChain loses $11 million in suspected exploit as RUNE tumbles 13%

Coinbase and Circle&#8217;s commitment to Hyperliquid&#8217;s AQAv2 upgrade sent HYPE up 
to roughly $45 on May 14, a deal that makes USDC the platform&#8217;s aligned quote 
asset and directs the vast majority of reserve-yield revenue back to the 
protocol. The rally reflected traders reading the announcement as 
institutional validation of the protocol-aligned stablecoin model pioneered 
[…]
The post HYPE jumps as Coinbase and Circle back Hyperliquid’s stablecoin model 
appeared first on CryptoSlate.

HYPE jumps as Coinbase and Circle back Hyperliquid’s stablecoin model

Michael Saylor’s Strategy reported an all-time high trading volume of $1.53 
billion for its STRC preferred stock, with the instrument closing at its $100 
par value and logging just two cents of price movement. The Record and What It 
Means STRC, Strategy’s variable rate perpetual preferred stock, hit $1.53 
billion in daily volume with Saylor […]

Saylor’s Infinite Money Glitch? STRC Preferred Stock Smashes $1.53B Volume Record

Iran attack victims ask a US court to order Tether to turn over $344M in 
frozen USDT tied to IRGC wallets and unpaid judgments.

Tether faces court push to hand frozen Iran-linked USDT to victims

Altman&#8217;s testimony highlights the tension between collaborative AI development 
and individual control, impacting future AI governance debates.
The post Sam Altman testifies he was uncomfortable with Elon Musk&#8217;s demand for 
total control over OpenAI appeared first on Crypto Briefing.

Sam Altman testifies he was uncomfortable with Elon Musk’s demand for total control over OpenAI

Binance&#8217;s marketing shift reflects a broader industry trend towards cost- 
effective strategies, emphasizing product-led growth over high-profile 
campaigns.
The post Binance CMO Rachel Conlan to depart on June 15 amid marketing 
reassessment appeared first on Crypto Briefing.

THORChain loses $11 million in suspected exploit as RUNE tumbles 13%

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