News linked to both this project and an event.
According to The Block, SoFi’s stablecoin SoFiUSD has officially launched for app users. Pegged to the U.S. dollar, SoFiUSD is initially available on the Ethereum and Solana networks, supporting buying, holding, and exchanging. SoFi stated that over the coming weeks, it plans to roll out tokenized deposits backed by FDIC insurance, cross-border transfers, and integration with the Bullish exchange for institutional clients.
SoFi has launched a US dollar-backed stablecoin, SoFiUSD, on Ethereum and Solana, becoming the first U.S. national bank to directly offer a stablecoin to retail customers on a public blockchain. Nearly 15 million SoFi members can now buy, sell, hold, and exchange SoFiUSD within the app, with each token redeemable 1:1 for US dollars via SoFi Bank. SoFi stated that it plans to use SoFiUSD for traditional financial scenarios such as cross-border payments and B2B transactions, and intends to launch features including interest-bearing tokenized deposits, FDIC-insured accounts, and 24/7 cross-border transfers. (CoinDesk)
according to an official announcement, Binance Wallet has launched a new DeFi experience, integrating three core functions: DeFi Earn, DeFi Lending, and Liquidity Pools. It supports over 40 protocols and more than 1,000 pools across BNBChain, Ethereum, Base, and Arbitrum. Users can view their staking, liquidity pool, and lending positions on a single interface, and directly perform operations such as adding/removing liquidity, claiming fees, and lending via protocols like Venus. To celebrate the launch, Binance Wallet will kick off the DeFiSeason campaign with a total prize pool of $2 million starting May 28, 2026, covering three major themes: Staking, Lending, and Liquidity Pools.
According to Kairos Research data, Hyperliquid’s (HYPE) spot ETF absorbed 1.04% of its market capitalization within the first 10 trading days after launch—outperforming the debut performance of spot ETFs for Bitcoin (0.59%), Ethereum (0.41%), and Solana (0.31%) when measured by market-cap-adjusted demand. Bloomberg ETF analyst Eric Balchunas noted that 21Shares’ HYPE ETF (THYP) has surged 50% since its launch two weeks ago—growing faster than BlackRock’s Bitcoin ETF, IBIT.
StakeDAO deployer's private key leaked on Arbitrum, attacker mints approximately 5.45 trillion vsdCRV and exchanges for ETH.
OpenSea has announced the launch of the Ethereum open standard ERC-8257 (Agent Tool Registry), positioning it as the "app store for AI agent tools."According to the announcement, developers can use this standard to register tools on-chain, declare access rules and pricing, while also enabling AI agents to autonomously discover, purchase access rights, and invoke relevant tools without human intervention.OpenSea stated that ERC-8257 can be composable with other protocols such as ERC-8004 (Agent Identity), MCP (Tool Discovery), and x402 (Payment Protocol), collectively forming the infrastructure for AI agent on-chain operations. ERC-8257 is currently in the draft stage, and OpenSea has invited developers to participate in further refining the specification.
According to CoinDesk, Base—the Ethereum Layer 2 network operated by Coinbase—has launched the AI-integration tool Base MCP, which connects users’ Base accounts to AI clients such as ChatGPT, Claude, and Cursor, enabling them to perform transactions—including fund transfers, token swaps, balance checks, transaction history reviews, and interactions with DeFi applications—using natural language.
: Base, the Ethereum scaling network incubated by Coinbase, has launched Base MCP, aiming to connect AI interfaces with Base wallet infrastructure.Through this integration, users can use natural language commands in AI tools that support the MCP open standard to complete token swaps, fund transfers, and interact with Base ecosystem applications. Supported AI interfaces include Claude, ChatGPT, Cursor, and others.Base MCP will serve as a secure gateway between user Base accounts and AI interfaces. At its initial launch, it will connect with applications such as Morpho, Bankr, Moonwell, Avantis, Aerodrome, Virtuals, and Uniswap, covering scenarios including lending, swaps, perpetual contracts, new tokens, and AI Agent issuance.MCP stands for Model Context Protocol, originally proposed by Anthropic, and is an open standard for connecting AI models with external tools and data sources.
Pump.fun announced on X platform that its App has launched a multi-chain trading feature, allowing users to trade assets on Ethereum, Base, BNB, and other blockchains within the Pump.fun application using a single wallet.
Bitget has launched a new edition of CandyBomb with a total prize pool of 92,000 SLX tokens. This campaign is exclusively for new futures trading users. Eligible participants can earn up to 920 SLX each by completing specified net deposit and futures trading tasks. Detailed rules have been published on the official Bitget platform. Qualified users must click the “Join Now” button to register before participating. The campaign ends on May 31 at 18:00 (UTC+8).
according to official news, Gate Alpha officially launched the stock token trading competition on May 26th at 14:00 (UTC+8). Users can participate by trading designated hot coins to share in the total $50,000 airdrop reward. This event features a dual reward mechanism with a 100% winning rate. For users who did not register via an invitation code, every 200 USDT traded grants 1 chance to draw a regular blind box, with a total prize pool of approximately $20,000. Each single draw guarantees a minimum of 0.16 GT and a maximum of 7.14 GT. For users who registered via an invitation code, every 500 USDT traded grants 1 chance to draw a premium blind box, with a total prize pool of approximately $30,000. Each single draw guarantees a minimum of 0.36 GT and a maximum of 14.29 GT. Each user has a limit of up to 20 draw chances per day, and a total limit of 80 draws throughout the entire event. All rewards are distributed in real-time, first come, first served.Gate Alpha now supports popular public chains such as SOL, ETH, Gate Layer, BSC, Base, SUI, ARB, World Chain, AVAX, Polygon, LINEA, ZK, OP, and Berachain. Through the contract address search function, users can achieve seamless trading of tokens across all chains, bridging cross-chain trading pathways and enabling one-click access to on-chain tokens.
the latest weekly report from CoinShares shows digital asset investment products recorded net outflows of $1.47 billion last week, marking the second consecutive week of negative growth and the third-largest single-week outflow of 2026. Cumulative outflows over the two weeks have reached $2.54 billion.By asset, Bitcoin saw outflows of $1.315 billion, the largest single-week outflow of 2026, compressing its year-to-date net inflows from $3.9 billion to $2.6 billion. Ethereum recorded outflows of $223 million, roughly flat compared to the previous week. Some altcoins still saw minor inflows, with XRP attracting $31.8 million, Near $9 million, and Solana $7.7 million.By region, the United States dominated the outflow landscape with $1.425 billion in single-week outflows. Switzerland, Canada, and Hong Kong recorded outflows of $16.2 million, $12.5 million, and $12.2 million respectively, indicating that risk aversion sentiment, which was localized last week, has now spread to most regions globally. CoinShares notes that these outflows are closely linked to heightened geopolitical risks related to Iran. Despite the ongoing legislative progress of the CLARITY Act, market risk aversion continues to deepen.
According to The Defiant, the Ethereum Foundation’s Kohaku Initiative has released an SDK for integrating privacy protocols into Ethereum wallets. A functional 4337 mempool relay supporting private transactions is now available in version v0.0.1-alpha.21 of the kohaku-eth/railgun integration. This SDK aims to integrate shielded-pool protocols—such as Railgun, Tornado Cash, and Privacy Pools—directly into wallet interfaces, reducing reliance on centralized relay infrastructure. Kohaku has also demonstrated a CLI-based wallet and is advancing integration with production-grade wallets like Ambire, while simultaneously developing post-quantum accounts, multisig support, and hardware wallet compatibility.
Odaily news Squid posted on X platform, stating that this incident is unrelated to the Squid core protocol and contracts. All Squid users and integrators are unaffected and no action is required.Today, a third-party Gnosis Safe module on the Base and Ethereum networks was attacked, resulting in a loss of approximately $3.2 million. The vulnerable contract is verified on Basescan under the name "SquidRouterModule," but this contract was not built, deployed, or operated by Squid. It is a third-party smart wallet product that chose to integrate with Squid and other protocols, and has no connection with Squid.The attack principle is that this third-party module accepts a constant string provided by the caller as a message security proof. This string is publicly visible in the verified contract code. By inputting this string, the attacker could execute arbitrary calldata arrays and freely steal funds. The victim's Safe wallet had added this problematic contract as a trusted Safe Module, allowing the contract to control any tokens within the Safe without requiring a signature. Squid's own router contract (0xce16...D666) has a different architecture and was unaffected. Squid users' funds, authorizations, and integrations are completely safe.Early public reports may have mentioned "SquidRouter" due to the contract verification name on Basescan. The accurate description should be: a third-party SquidRouterModule was attacked, not Squid's Router contract. This contract shares the name with Squid, but it is not Squid's code. Squid is continuously monitoring the situation and will provide updates if there are any significant changes.
According to The Block, Bitcoin continued trading below $78,000 on Monday, following net outflows of $1.26 billion from spot Bitcoin ETFs during the week of May 18–22—the second consecutive week of outflows exceeding $1 billion. Nevertheless, Timothy Misir, Research Head at BRN, noted that institutional demand has not vanished but is rotating: during the same period, the XRP ETF attracted $22 million in inflows, the Solana ETF drew $16 million, the newly launched Hyperliquid HYPE ETF garnered $72 million, while the Ethereum ETF saw outflows of $216 million. Ethereum also faced pressure due to the SEC’s delay of its tokenized stock trading initiative, though it posted a modest rebound on Sunday amid heightened optimism surrounding the Iran deal. On the options front, for Bitcoin expiring on May 29, the largest open interest concentrations were at the $75,000 put and $80,000 call strikes; for Ethereum, the largest open interest concentration was at the $2,100 put strike. On the macro front, U.S. and European markets were closed for public holidays, and analysts warned of low market liquidity. Should the Iran deal materialize, it could trigger a sharp drop in oil prices and push equity markets to new highs.
OKX Ventures cited Token Terminal data on X platform, stating that Ethereum's monthly transaction volume has surpassed 70 million, reaching a new all-time high. Meanwhile, the network's median transaction fee has dropped to approximately $0.00554, also setting a new record low. This indicates that Ethereum is gradually achieving a network state characterized by “high efficiency and low cost.”In light of this, OKX Ventures believes that Layer 2 solutions and modular architectures are continuously reducing on-chain interaction costs, and the historically high gas fee issue is seeing significant improvement. As transaction costs fall to sufficiently low levels, applications such as stablecoins, blockchain games, social platforms, AI agents, and RWA (Real World Assets) will find it easier to attract real users. Public chain competition is entering the “experience era,” where future competition will no longer be based solely on TPS, but rather on whether the network can provide better security, liquidity, and user experience. Ethereum retains a strong advantage in terms of developer and ecosystem strength. As costs decline, on-chain payments, asset issuance, and cross-border settlement activities are expected to continue growing, and blockchain infrastructure is gradually becoming part of the mainstream digital economy. OKX Ventures will continue to focus on infrastructure upgrades and long-term application value within the Ethereum ecosystem. What truly matters is not just market price fluctuations, but the sustained growth in real on-chain usage.
Vitalik Buterin stated that the Ethereum Foundation (EF) is not the “center of Ethereum,” but rather “a node within the ecosystem,” and is currently transitioning toward a smaller, more opinionated, and more sustainability-focused organizational structure. He explained that the Foundation will prioritize allocating its limited resources to work essential for Ethereum’s viability as a censorship-resistant, control-resistant, open, private, and secure system—work that would be unlikely to happen without the Foundation’s involvement—while also reducing ETH sales. Vitalik further noted that Ethereum should not pursue only maximum throughput and low latency, but should instead aim to be “impressive” in areas such as formal verification, chain availability consensus, and reducing reliance on intermediaries. He emphasized that the Foundation’s new structure is expected to gradually stabilize over the coming months.
multiple blockchain and post-quantum cryptography researchers have warned that artificial intelligence (AI) is accelerating the development of quantum computing and could potentially impact the security systems of mainstream blockchains, including Bitcoin and Ethereum, earlier than anticipated.Alex Pruden, CEO of Project Eleven, a firm focused on quantum-resistant infrastructure, stated that the combination of AI and quantum computing is fundamentally reshaping the future security landscape. "People will no longer be able to rely on existing security assumptions as they have in the past," he said.Researchers point out that AI is already being used to optimize quantum error correction, which is one of the key technical bottlenecks in the development of quantum computing. Illia Polosukhin also noted that AI has been accelerating scientific breakthroughs for years, and in the future, there may even be a circular acceleration effect where "AI helps build the next generation of quantum computers."One of the industry's biggest current concerns is the "Harvest Now, Decrypt Later" strategy, where governments or advanced attackers begin mass-collecting encrypted data now, waiting to decrypt it all at once once quantum computing matures. Polosukhin warned that if quantum computers become viable within a few years, "most of today's important data on the internet could be decrypted in the future."Given that most blockchain networks and internet infrastructure currently rely on elliptic curve cryptography (ECC), a sufficiently powerful quantum computer could theoretically derive a private key from a public key, directly breaking wallets and on-chain systems. Simultaneously, AI itself is strengthening hacking capabilities. Pruden stated that AI models are becoming increasingly adept at discovering software vulnerabilities and cryptography implementation flaws, and may even be able to crack some encryption algorithms directly in the future.However, AI is also being used by developers for code auditing, formal verification, and testing post-quantum security systems, creating a "long-term security arms race" with simultaneous upgrades on both the offensive and defensive sides. Researchers believe the most significant change brought by AI and quantum computing together is that the core assumption of "long-term cryptographic reliability" in the digital age is being challenged. Future security systems may shift from "static upgrades" to continuous dynamic evolution. (CoinDesk)
Blockchain researcher and investor William Mougayar has come to the defense of the Ethereum Foundation, arguing that the public has long misunderstood its role and that it is "executing its mission precisely."Mougayar stated that ETH, the Ethereum network, and the Ethereum Foundation itself are three distinct entities: ETH is an asset, Ethereum is a shared computing infrastructure, and the Foundation is a non-profit organization responsible for driving protocol development, with one of its goals being to "gradually make the founder irrelevant."He pointed out that many critics want the Foundation to take on responsibilities like marketing ETH or attracting institutional capital, which would be akin to "expecting the IETF to run a Super Bowl ad for TCP/IP." He emphasized that the Ethereum Foundation is currently on a "subtraction path," strengthening the network by advancing protocol upgrades, funding fundamental research, and reducing its own centralized influence.Recently, the Ethereum Foundation has faced community criticism for selling ETH, unstaking, and a lack of public communication. Data shows that the Foundation has completed its third OTC sale this month to BitMine Immersion Technologies, cumulatively selling approximately 25,000 ETH worth about $47 million. Additionally, the Foundation has recently unstaked over 38,000 ETH in total, with a combined value nearing $90 million. (Cointelegraph)
According to Token Terminal data, Ethereum’s monthly transaction count has hit a new all-time high, exceeding 70 million transactions, while the median transaction fee stands at approximately $0.00554, marking a new all-time low.