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Cosmos-based Gravity Bridge halts bridge after reported $5.4M exploit

Gravity Bridge was drained of roughly $5.4 million in a suspected signing key compromise, prompting validators to halt the bridge while an investigation is underway.

  • CryptoBriefDesk
  • May 31, 2026
  • Blog

British Olympian CJ Ujah Appears at Court in Crypto Fraud Case

British Olympic sprinter CJ Ujah and nine other individuals appeared before U.K. on May 28 on charges related to an organized cryptocurrency fraud scheme. Crypto Fraud Allegations British sprinter and Olympian CJ Ujah appeared in a U.K. court recently to…

  • CryptoBriefDesk
  • May 31, 2026
  • Blog

Ethereum Foundation Returns to Spotlight Amid Governance and Culture Tensions

The Ethereum Foundation is facing its most concentrated wave of internal criticism in years, eight high-profile departures since January 2026, a contested public mandate, and an open debate over whether the Switzerland-based nonprofit still serves a coherent purpose inside the…

  • CryptoBriefDesk
  • May 30, 2026
  • Blog

MiCA Decoded: Offshore Corporate Structures With MiCA Licensing: What Nobody Thought Possible

It’s hard to imagine that, with its reputation of strictness, the MiCA regulation would allow for offshore structures. Evidence shows that it’s actually common practice. MiCA Decoded is a 12-article weekly series for Bitcoin.com News, co-authored by LegalBison’s Co-Founding and…

  • CryptoBriefDesk
  • May 30, 2026
  • Blog

US has seized nearly $1 billion in Iranian crypto, Treasury secretary says

US Treasury Secretary Scott Bessent said the US has seized roughly $1 billion in Iranian crypto assets, double the figure disclosed in late April.

  • CryptoBriefDesk
  • May 30, 2026
  • Blog

Cryptoquant’s Ki Young Ju Warns Bitcoin’s Bear Market Could Run Into Early 2027

Cryptoquant CEO Ki Young Ju believes bitcoin’s profit-taking cascade typically drags investor returns lower for about 18 months, a pattern that could keep the current bear market running into early 2027. Still Some Time To Go Till The Bears Retreat…

  • CryptoBriefDesk
  • May 30, 2026
  • Blog

Bitcoin, ether, XRP, dogecoin lag a nine-week stocks rally as ETF demand cools

The S&P 500 posted its longest weekly winning streak since 2023 and Brent oil stabilized near $92 on US-Iran ceasefire hopes. The biggest cryptocurrencies still drifted lower, with Hyperliquid’s HYPE the only major name to rally.

  • CryptoBriefDesk
  • May 30, 2026
  • Blog

Stake DAO Freezes Arbitrum vsdCRV Markets After Attacker Mints 5.4T Synthetic Tokens

On May 27, decentralized finance platform Stake DAO suffered an infinite-minting exploit on its Arbitrum protocol. However, Stake DAO core contributors quickly secured the mainnet funds backing the tokens, shut down the vsdCRV bridge, and successfully contained the exploit. Infinite-Minting…

  • CryptoBriefDesk
  • May 29, 2026
  • Blog

Sui Network Suffers 6-Hour Outage Following 1.72 Upgrade Bug

The Sui blockchain experienced a nearly six-hour network stall, halting all onchain block production. The disruption marks the second major downtime event for the high-throughput network this year. Onchain Data Shows Block Production Halt for Sui Mainnet The Sui blockchain…

  • CryptoBriefDesk
  • May 29, 2026
  • Blog

Bit Digital Grows Treasury to 158,462 ETH With New $20M Purchase

Bit Digital purchased 8,568 ETH for $20 million, expanding its ethereum treasury to 158,462 ETH. The company said the move supports its broader strategy across ethereum, AI infrastructure, and strategic acquisitions. Bit Digital Buys $20M in ETH as CEO Backs…

  • CryptoBriefDesk
  • May 29, 2026
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