Kraken&#8217;s tokenized stocks could revolutionize global equity access, challenging traditional markets and potentially reshaping financial landscapes. The post Kraken to offer tokenized shares of Apple, Tesla, and Nvidia for non- US customers appeared first on Crypto Briefing.

Kraken to offer tokenized shares of Apple, Tesla, and Nvidia for non-US customers

Bitcoin ETFs raked in $609 million on Tuesday, marking their sixth consecutive 
day of inflows and pushing daily volume to an all-time high. Ether ETFs also 
maintained the momentum, notching a fourth straight day in the green with a 
modest $587,000 net inflow. Bitcoin ETF Surge Drives Daily Volume to $7.5 
Billion Momentum isn’t just […]

Bitcoin ETFs Rally Hits Day 6 With $609 Million Inflow

Just hours before President Donald Trump’s high-profile gala for holders of 
his memecoin, Democratic lawmakers moved to curb what they call rising “crypto 
corruption” in Washington. Led by Rep. Maxine Waters, 15 House Democrats 
introduced the “Stop Trading, Retention, and…

Democrats propose crypto ban for politicians, protest outside Trump’s memecoin gala

Cetus, a decentralized crypto exchange (DEX) built atop the Sui blockchain 
network, said $162 million of over $220 million stolen in a May 22 hack has 
been frozen.
According to the Cetus team, the DEX is working with the Sui Foundation and 
other entities within the ecosystem to recover the remainder of the funds. The 
Sui Foundation also confirmed:
&gt; &#8220;A large number of validators identified the addresses with the stolen funds 
&gt; and are ignoring transactions on those addresses until further notice. The 
&gt; Cetus team is exploring paths to recover those funds and return them to the 
&gt; community.&#8221;
The Cetus hack is the latest in a string of such incidents impacting crypto 
and Web3 in the first half of 2025. Cybersecurity continues to be a major 
issue in crypto, with many industry executives calling for the sector to 
police itself and establish more robust defenses or risk increased regulatory 
scrutiny.
_Source:__Cetus_
 _**Related:**__**Germany seizes $38M in crypto from Bybit hack-linked eXch 
exchange**_
## The Cetus hack: the story so far
On May 22, the Cetus DEX was hacked in what is believed to be a smart contract 
code exploit that saw the DEX drained of approximately $223 million in user 
funds.
According to the team behind the Extractor Web3 security notification tool, 
$63 million of the stolen funds were bridged to the Ethereum network.
The Extractor team also identified a wallet address ending in &#8220;AF16&#8221; used by 
the threat actors to launder 20,000 Ether (ETH), valued at roughly $53 
million.
_The Cetus hackers transfer 20,000 Ether to a new wallet address. 
Source:__Etherscan_
The recovery efforts and the asset freeze coordinated by different projects, 
platforms, and validators in the Sui ecosystem drew mixed reactions from the 
crypto community.
&#8220;Good news for the victims, but if validators, 114 only in total, can freeze 
wallets when they want, it raises a major question about the network&#8217;s 
censorship resistance. Sui is anything but decentralized,&#8221; one user wrote in 
response.
_**Magazine:**__**$55M DeFi Saver phish, copy2pwn hijacks your clipboard: 
Crypto Sec**_

Sui validators freeze majority of stolen funds in $220M Cetus hack

Sonic Labs has picked crypto capital markets firm GSR as the official market 
maker partner for Sonic blockchain’s native token. GSR will help Sonic (S) 
token gain market traction by delivering deep liquidity and strategic 
guidance, the Sonic Labs team…

Sonic Labs announces GSR as the official market maker for S

Summer Mersinger, a commissioner at the Commodity Futures Trading Commission, 
has said that the trading of crypto perpetual futures could soon come to the 
United States. Summer Mersinger, who leaves the Commodity Futures Trading 
Commission at the end of the…