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PeckShield: StakeDAO’s vsdCRV infinite minting vulnerability exploited; attacker cashed out over $90,000

According to on-chain analyst PeckShield (@PeckShieldAlert), StakeDAO (@StakeDAOHQ) on the Arbitrum network was exploited via an infinite minting vulnerability. The attacker minted a total of 5.4 trillion vsdCRV tokens, then swapped a portion of them for 43.781 ETH (approximately $91,200) and bridged the funds cross-chain to the Ethereum address 0xeF3C...aa25.

HYPE Spot ETF’s Market Cap Absorption Share in First 10 Trading Days Exceeds That of Bitcoin and Ethereum ETFs

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.

A certain address withdrew 7,000 ETH from Binance an hour ago, worth $14.5 million

according to on-chain analyst Ai Yi's monitoring, a certain address withdrew a total of 7,000 ETH from Binance an hour ago, worth $14.5 million, with an average withdrawal price of $2,072; over the past two weeks, the address has transferred 4 million USDT to Binance in batches.

Purchased 7,000 ETH at a certain address and deposited them into Aave, valued at approximately $14.52 million.

According to on-chain analytics platform Lookonchain (@lookonchain), the trading address 0xfda8 recently purchased 7,000 ETH—worth approximately $14.52 million—and deposited the entire amount into Aave. This address previously executed two swing trades in ETH, generating cumulative profits of $2.04 million.

HYPE Spot ETF Absorbs 1.04% of Market Cap in 10 Trading Days, Strongest Debut in Crypto ETF History

Kairos Research posted on X platform, stating that the HYPE spot ETF has absorbed 1.04% of the HYPE circulating market cap within its first 10 trading days, marking the strongest debut among all spot crypto ETFs to date. A comparative analysis of the same period shows that among the cohort of new issuers (excluding net outflows from legacy trust products like GBTC and ETHE), BTC spot ETFs accounted for 0.59%, ETH for 0.41%, and SOL for 0.31%.

Uniswap Founder Responds to Bankless Co-founder Dumping ETH: "ETH is Money" Is the Correct Narrative

Odaily Odaily reports: In response to Bankless founder David Hoffman's liquidation of his ETH holdings, Uniswap founder Hayden Adams posted a reply on platform X, stating that “ETH is Money” is the correct narrative, though perhaps misunderstood by most.Hayden Adams indicated that in the future, all assets will be tokenized, people will hold the assets they value most, and the most decentralized monetary system will manifest as “an infinite number of forms of money competing with each other.”He believes that with a low-cost, high-efficiency, 24/7 asset exchange system in place, a single unit of account is not necessary. At the same time, he stated that Uniswap, built on Ethereum, is “the best decentralized monetary system,” and that it is still in its early stages.Recommended reading: Bankless Co-founder's Confession on Liquidating ETH: Ethereum Did the Right Things, but “ETH is Money” Has No Future.

Bitmine re-stakes 5,760 ETH, bringing its total staked ETH to 4.718677 million

According to on-chain analyst Onchain Lens (@OnchainLens), Bitmine has staked another 5,760 ETH, valued at $11.9 million. Its total staked ETH now stands at 4,718,677, valued at $9.76 billion.

Bankless founder explains why he sold all his ETH: Still bullish on the Ethereum network, but ETH is difficult for the market to reprice

Bankless founder David Hoffman posted on X to explain his reasons for liquidating all his ETH holdings.Hoffman wrote: "I am still extremely bullish on the Ethereum network and the entire ecosystem -- Ethereum's architecture is fundamentally designed to maximize the success probability of its applications, L2s, and ecosystem. The 'fat-app' theory implies that applications on Ethereum can capture the vast majority of fee revenue; while the 'rollup-centric' roadmap means that L2s can achieve profit margins as high as 97%. However, for the asset ETH itself, I find it increasingly difficult to see it being structurally rerated by the market -- either upwards or downwards. So, I am selling ETH not because I am bearish on ETH, but because I believe the narrative 'ETH is Money' has essentially played out. I want to allocate my capital to other opportunities I see in the market."

A whale purchased 2,400.38 ETH worth $5 million.

According to on-chain analyst Ai Aunt (@ai9684xtpa), the whale address 0x54d…e6029 purchased 2,400.38 ETH—worth $5 million—at an average price of approximately $2,083 per ETH, 9 hours ago. Four minutes after the transaction, it placed a limit order on Cowswap to sell at $2,132. If executed, this order is expected to yield a profit of $117,000.

Bitget CandyBomb: Trade BTC, ETH, etc. to Unlock 92,000 SLX Airdrop Tokens

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).

Wintermute: Institutional Buying Dries Up, Crypto Market Diverges from Stock Market

Wintermute stated that, as of May 25, BTC was trading at approximately $76,600 (down 1.5% weekly), while ETH traded at around $2,140 (down 1.7% weekly). Meanwhile, the U.S. equity market’s S&P 500 Index hit a new all-time high during the same period—highlighting a pronounced divergence between crypto and equities. BTC spot ETFs saw outflows of roughly $1.26 billion for the week, bringing cumulative outflows over two weeks to over $2 billion. Institutional buying—previously instrumental in driving BTC from $70,000 to $80,000—has clearly receded. The ETH/BTC ratio hit a fresh 10-month low, down 35% cumulatively from its August peak. On the macro front, the University of Michigan’s Consumer Sentiment Index plunged to a historic low of 44.8, while the one-year inflation expectation rose to 4.8%. NVIDIA reported Q1 revenue growth of 85% year-on-year and issued a Q2 revenue guidance of $91 billion—but saw virtually no after-hours reaction, suggesting AI-related trades are already fully priced in. Wintermute noted that BTC’s key support currently lies between $75,000 and $76,000; holding this range could enable a retest of $80,000, whereas a break below would rapidly open the $70,000–$72,000 zone. The near-term direction hinges on whether institutional capital returns to the market.

CoinShares: Digital asset investment products saw $1.47 billion in outflows last week, marking the third-largest single-week net outflow record of 2026

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.

Phishing Attack via Fake Uniswap Google Ads Has Stolen at Least $400,000

According to Cointelegraph, phishing ads impersonating the decentralized exchange protocol Uniswap have appeared in Google search results, enabling attackers to steal at least $400,000. On-chain analyst b-block stated that the associated counterfeit websites are draining funds from multiple wallets; the implicated addresses currently hold a combined total of 146 ETH—worth approximately $306,000 at press time. Security Alliance (SEAL) noted that such fraudulent Google ads are a common source of phishing attacks, with attackers either purchasing ad placements or compromising legitimate advertising accounts to impersonate popular crypto protocols in sponsored search results. SEAL also reported that between March 13 and March 30, these attacks resulted in total losses amounting to $1.27 million.

Kraken Redeems $107M ETH from EigenCloud, Restaking Sector TVL Down Over 64% from Peak

According to Odaily, crypto analyst EmberCN (@EmberCN) reported that 11 hours ago, Kraken redeemed 50,600 ETH from the restaking project EigenCloud (formerly EigenLayer), valued at approximately $107 million.EmberCN noted that the total TVL in the restaking sector has dropped from approximately $31 billion in August 2025 to the current level of around $11 billion. Among them, EigenCloud, as the sector leader, has also seen its TVL decline from about $22 billion to $5.5 billion.

ETH band whale bought 7,908.3 ETH worth $16.74 million 13 hours ago

According to on-chain analyst Ai Aunt (@ai9684xtpa), the ETH swing whale nemorino.eth purchased 7,908.3 $ETH on-chain via CowSwap 13 hours ago, at an average execution price of $2,117.46, totaling approximately $16.74 million. Of this, 2,372.71 $ETH were bought on leveraged margin after borrowing 5 million $DAI via Spark staking.

A trader closed over $100 million in ETH short positions, incurred a $260,000 loss, and then turned bullish on BTC.

According to on-chain analytics platform Lookonchain (@lookonchain), the trader who opened a $ETH short position worth over $100 million yesterday has now closed the position, incurring a loss of approximately $260,000. Subsequently, the trader switched to a long position on $BTC, opening a 20x long position on 175.04 $BTC, with a position value of roughly $13.43 million.

After an 8-month dormancy, the whale that sold HYPE has opened a $11.75 million long position on ETH and a short position on HYPE<odatory-translate-split><p>Odaily Odaily reports, according to Onchain Lens monitoring, the whale who sold HYPE after an 8-mo

据 Onchain Lens 监测,此前沉寂 8 个月后卖出 HYPE 的巨鲸,目前已开设 2839 枚 ETH 的 2 倍杠杆多单,以及 94101 枚 HYPE 的 2 倍杠杆空单,相关仓位总价值约 1175 万美元。数据显示,该巨鲸当前正在同时做多 ETH 并做空 HYPE。

A major whale sold HYPE and opened long ETH and short HYPE positions, with a total value of $11.75 million.

According to on-chain analyst Onchain Lens (@OnchainLens), a whale who sold HYPE after an 8-month dormancy has opened a 2x long position of 2,839 ETH and a 2x short position of 94,101 HYPE, with a combined value of approximately $11.75 million.

Whale nemorino.eth bought 7,908.3 ETH at an average price of $2,113 one hour ago.

According to on-chain analyst Ember (@EmberCN), the whale nemorino.eth purchased 7,908.3 ETH at an average price of $2,113 one hour ago, spending a total of $16.71 million in USDC. The transaction was executed as follows: first, using its own $11.71 million in USDC to buy 5,535.6 ETH; then depositing those ETH into Spark as collateral to borrow $5 million in DAI; and finally using the borrowed DAI to purchase an additional 2,372.7 ETH.

A whale deposited 5,637 ETH into OKX, worth approximately $11.92 million.

According to on-chain analyst Onchain Lens (@OnchainLens), a whale address beginning with 0xeb17a deposited 5,637 ETH—worth approximately $11.92 million—into OKX.