Bergen County, NJ, will tokenize 370,000 property deeds (valued at $240 billion) on Avalanche over a five-year period, marking one of the largest real-world asset digitization efforts by a U.S. municipality.
GameStop has purchased 4,710 Bitcoin valued at around $500 million.
NYC Mayor Eric Adams called for the abolition of the New York Department of Financial Services BitLicense to entice crypto firms back to the city in a Bitcoin 2025 keynote. He proposed a “BitBond” municipal bond backed by bitcoin to raise capital with tax advantages, which would allocate 90% of proceeds to government funding and 10% to Bitcoin purchases. It would pay holders 1% annual interest for 10 years plus 100% of Bitcoin's upside up to a 4.5% compounded return, with residual gains seeding a city Bitcoin reserve.
The U.S. Department of Labor has withdrawn its March 2022 guidance cautioning 401(k) fiduciaries against including cryptocurrencies in retirement plans, issuing a new directive that it will no longer single out asset classes for praise or warning. Secretary Lori Chavez‑DeRemer argued that investment decisions belong to plan fiduciaries, not D.C. bureaucrats, and that the previous stance improperly “put a thumb on the scale.” The original warning came just before crypto market failures in 2022, when bitcoin‐linked retirement holdings fell roughly 52%, though those same positions would now be up about 156%.
The Coinbase Developer Platform has unveiled a new Wallet API that allows developers to create onchain experiences without dealing with the struggles of private key management. It uses Trusted Execution Environment (TEE) technology to securely store private keys, with developers making interactions through API calls. US developers can earn 4.1% USDC rewards on balances in the wallets, which offer state-of-the-art latency and creation times and full compatibility with popular tools like wagmi and viem.
2025.05.29·links.tldrnewsletter.com·4 min read·TLDR Crypto Block's Square Point of Sale app will integrate Lightning Network bitcoin payments, allowing merchants to accept near-instant, low-cost transactions via QR codes on Square hardware. The feature is slated to roll out in the second half of 2025 and reach all eligible sellers in 2026, pending regulatory approvals. Behind the scenes, Square handles real-time exchange-rate calculations and payment confirmations, simplifying the checkout experience. This launch builds on 2024's Bitcoin Conversions and complements Block's bitcoin ecosystem, including Cash App's trading features, the Bitkey self-custody wallet, Proto mining tools, and Spiral funding.
Attention has become a core digital commodity, with algorithms on major platforms optimizing for and monetizing user focus. Advances in AI now allow precise measurement of mindshare, and crypto micropayments coupled with open finance rails are spawning direct, tokenized attention markets, exemplified by projects like Kaito, Noise, Loudio, and the Basic Attention Token. This convergence addresses inefficiencies and rent‑seeking intermediaries in the attention economy by enabling transparent, pay‑for‑attention models. Going forward, the space may tip toward a dystopia of pervasive extraction or a utopia where AI‑powered defenses and fair compensation restore user control.
2025.05.29·links.tldrnewsletter.com·40 min read·TLDR Crypto Headline stablecoin metrics like market cap and volume are misleading, with over 30% of reported volume driven by MEV bots and 32% of supply held by just 20,000 unidentified wallets. The real shift is happening at the distribution level, where issuers like Circle are paying out over half their revenue to partners like Coinbase to drive adoption.
VanEck's head of digital assets, Matthew Sigel, said at Bitcoin 2025 that sustainably expanding the US strategic Bitcoin reserve requires targeted Congressional legislation, ideally through budget reconciliation amendments offering mining tax credits and other incentives, rather than executive actions that risk legal challenges. He suggested starting with a $100 million allocation in the Exchange Stabilization Fund and gradually growing the reserve via incentives for miners using methane gas. This approach follows President Trump's March executive order that established the government's nearly 200,000 BTC reserve under budget-neutral acquisition rules.
Chainlink's Total Value Secured (TVS) grew over 50% in May to surpass $65B, fueled by integrations with major DeFi platforms including TRON ($5.5B TVL), Kamino Finance ($2B), Jupiter Exchange ($2.7B), and CIAN Protocol ($900M), as well as continued growth from long-time users like Aave.
Over the past month, Arbitrum led all chains in net inflows, saw the largest stablecoin supply growth among L2s, and earned $900K in fees from its new Timeboost mechanism.
The TON Foundation has appointed former Visa crypto executive Nikola Plecas as VP of Payments to lead its global payments strategy and infrastructure.
2025.05.29·links.tldrnewsletter.com·3 min read·TLDR Crypto Telegram will issue $1.5B in five-year bonds at 9% interest to repay 2021 debt, with backing from BlackRock, Mubadala, and Citadel, and optional equity conversion if the company goes public.
Over 150k Ethereum validators support increasing the block gas limit from 36M to 60M, boosting L1 capacity without a hard fork.
Circle Internet Group, the issuer of the USDC stablecoin, has filed for a New York Stock Exchange IPO under the ticker “CRCL.” At the proposed $24–$26 range, the IPO could raise up to ~$250 million for Circle and nearly $375 million for selling stakeholders at a valuation over $5 billion. Major banks J.P. Morgan, Citigroup, and Goldman Sachs are leading the offering. This move follows a failed 2021 SPAC attempt, recent SEC S-1 filings, and exploration of a potential $5 billion sale to suitors like Coinbase or Ripple.
According to Senator Lummis, the BITCOIN Act, which directs the U.S. government to acquire one million Bitcoins over five years using existing Federal Reserve and Treasury funds, has President Trump's backing. She also revealed a White House team is drafting digital-asset bills first on stablecoins, then market structure, and finally a Bitcoin Strategic Reserve. The Senate Banking Committee has already advanced the bipartisan GENIUS Act on stablecoin regulation to the floor following a 66–32 procedural vote on May 19.
Sonar, Echo's platform for Initial Coin Offerings (ICOs), has launched with Plasma's XPL token as its debut sale, raising $50 million at a $500 million fully diluted valuation. Pre-deposits open June 9, followed by a public sale available worldwide, with U.S. investors subject to a 12-month lockup and most others to a 40-day lockup. Plasma is a Bitcoin sidechain fully compatible with the EVM and is in private testnet ahead of a public testnet and late-summer mainnet launch. This is the first major ICO in several years and represents a shift in the regulatory landscape and appetite for consumer participation in early project stages.
2025.05.28·links.tldrnewsletter.com·6 min read·TLDR Crypto MetaMask's browser extension now natively supports Solana, allowing users to send, receive, swap, bridge, and purchase Solana-based tokens and interact with Solana dApps alongside their Ethereum accounts in a single interface. Solana support on the MetaMask mobile app will arrive in the coming weeks. MetaMask's security features on Solana include real-time alerts, malicious dApp detection, and transaction simulations.
Hyperliquid's founder Jeff Yan rebounded from a 2018 exchange failure by launching Hyperliquid's mainnet in February 2023 and organically growing daily volume from $3 million to $50 million in one month through relentless technical posting instead of traditional marketing. Generous cash incentives including testnet prizes, $1 per $10k weekly trading volume, and referral and open-interest rewards, paired with rapid listings of trending pairs and the community-owned HLP vault, drove TVL from $1.5 million to $6 million in 30 days and bumped daily volume past $1 billion. The November 2023 points program then trained traders to hold positions, boosting average daily volume from $100 million to $1 billion and cementing loyalty with the largest airdrop in DeFi history.
2025.05.28·links.tldrnewsletter.com·15 min read·TLDR Crypto This chart outlines six crypto trading personas: Mean Reversion traders bet on price returning to averages, Trend Traders ride momentum, and Experimenters explore emerging tools and tokens early. Meanwhile, Trenchers hunt micro-caps on DEXs, Yield Farmers optimize for ROI across protocols, and Dip Buyers patiently wait for fear-driven entries in high-potential narratives.
Cantor Fitzgerald has launched a $2 billion Bitcoin-backed lending program, closing its first deals by collaborating on a credit framework with FalconX Ltd. and funding the first tranche for Maple Finance. This initiative follows Cantor's July 2024 announcement and builds on its crypto ventures, including the Twenty One Capital partnership with Tether and SoftBank. The crypto-backed lending market has rebounded to $36.5 billion in Q4 2024, more than double its Q3 2023 trough yet still below the 2021 peak of $64.4 billion.
2025.05.28·links.tldrnewsletter.com·2 min read·TLDR Crypto An apparent hack of the hip-hop group Migos' Instagram account exposed Solana co-founder Raj Gokal's driver's license, passport, phone number, and similar personal IDs, as well as those of his wife. The posts, which threatened that he “should have” paid 40 BTC as part of a likely blackmail demand and linked to a Telegram group, remained live for over an hour before removal. Gokal had already warned on X of recent takeover attempts on his email, social media, and other accounts.
2025.05.28·links.tldrnewsletter.com·3 min read·TLDR Crypto Ethereum topped the leaderboard in 7-day inflows, followed by Arbitrum, Base, and Polygon PoS, highlighting strong momentum into L1 and L2 ecosystems.
SharpLink Gaming is raising $425 million through a private placement and will adopt an Ethereum treasury strategy upon deal closing.
YieldFi has upgraded to Chainlink's CCIP and adopted the CCT standard to enable cross-chain functionality for its $200M+ stablecoin yUSD across Arbitrum, Base, Ethereum, and Optimism.
Crypto industry groups, led by the Crypto Council for Innovation, are urging the SEC to issue formal guidance on staking amid ongoing regulatory uncertainty for web3 infrastructure providers. While the SEC has recently clarified that memecoins and stablecoins are not securities, it has yet to define compliant staking frameworks or approve staking in ETFs. The industry is optimistic about upcoming staking-enabled cryptocurrency ETFs and continues productive meetings with the agency. At the same time, firms are pushing back against the IRS' classification of staking rewards as service income.
A TikTok prankster who paid ~$300,000 for a seat at Trump's memecoin holder dinner called the three-course meal “trash,” likening the filet mignon to “Walmart steak.” He also dismissed Trump's brief, scripted speech praising crypto as “something special” as “pretty much like bullshit,” noting the president departed before presenting watches to top token holders. Other attendees described the food as merely “OK” and reported similar disappointment with the event's organization. Meanwhile, 35 Democratic lawmakers are urging a Justice Department probe into potential foreign-emoluments violations stemming from the international guest list.
Lagrange has launched $LA, its native token used to pay for cryptographic proofs that power things like ZK rollups and verifiable AI. Clients pay fees (in $ETH, $USDC, or $LA), and the system converts those into $LA to reward provers, creating steady demand for the token. Token holders can stake or delegate $LA to support specific provers, helping scale the network while reducing supply and boosting long-term value.
2025.05.27·lagrangefoundation.org·2 min read·TLDR Crypto Mamo is a non-custodial AI agent that automates passive wealth creation by scanning trusted DeFi vaults and compounding earnings. Launched from a 2025 Coinbase AI hackathon, Mamo communicates like a friendly assistant, explaining every move and answering questions 24/7. Its ecosystem is powered by the community-aligned MAMO token, with no VC backing or team unlocks, and is free to use during the introductory period. By supporting social login, passkey wallets, and debit-card funding, Mamo aims to make onchain yield strategies accessible to both crypto newcomers and veterans.
2025.05.27·links.tldrnewsletter.com·7 min read·TLDR Crypto If your personal data is exposed in a breach, attackers can use it to escalate their access through phishing, identity theft, and account takeovers. To protect yourself, take immediate action: freeze your credit, strengthen MFA, replace compromised IDs, secure key accounts (Apple, Google, etc), use a password manager, and lock down your phone. Stay vigilant for scams, monitor your social media, and treat cybersecurity as a necessity, not an option.
2025 is the most favorable environment yet for onchain finance. Driven by regulatory tailwinds and breakthroughs in real-world asset (RWA) infrastructure, the shift from proxy tokens to fully compliant, tradable securities is underway, with leaders like Securitize, Dinari, and Kraken building regulated, chain-agnostic systems for tokenized equities, funds, and credit. The long-term value lies not just in the assets, but in the protocols powering 24/7, compliant onchain rails.
2025.05.27·links.tldrnewsletter.com·3 min read·TLDR Crypto Though Coinbase drives most of the USDC volume, it only receives 50% of its revenue. Circle, by contrast, captures full protocol revenue on all $60 billion of USDC in circulation and controls the smart-contract, cross-chain bridging, and governance layers, making it a “TAM play” rather than a margin business. Owning Circle would give Coinbase 100% revenue attribution across the entire USDC supply, full protocol control to monetize onchain wallets and its Base L2, and a consolidated regulatory position. With Circle exploring a $5 billion IPO and USDC's reserve income forecast to reach $20 billion annually, acquiring Circle for anywhere between $10–20 billion aligns with both companies' strategic and financial incentives.
2025.05.27·links.tldrnewsletter.com·12 min read·TLDR Crypto MicroStrategy's stock stalled around $369 to $440 even as bitcoin soared past $110k, indicating weakening investor enthusiasm.
In under seven days, a developer went from rejecting crypto payments to praising the speed and cost savings after using onchain transfers via Base.
2025.05.27·links.tldrnewsletter.com·1 min read·TLDR Crypto At $115,000, an estimated $8.5 billion in cumulative short positions across major exchanges like Binance, OKX, and Bybit are set to be liquidated, creating a potential cascade.
2025.05.27·links.tldrnewsletter.com·1 min read·TLDR Crypto 2025.05.27·links.tldrnewsletter.com·2 min read·TLDR Crypto Over $500 million in bullish crypto positions were liquidated in 24 hours after President Trump's announcement of proposing tariffs on EU imports and iPhones. Bitcoin dropped from above $111,000 to around $108,000, with the selloff triggering roughly $181 million in Bitcoin futures losses and $142 million in Ether futures, with altcoins like Solana, Dogecoin, and XRP adding another $100 million in liquidations. The single largest wipeout was a $9.53 million BTC-USDT swap on OKX. With trade-war fears rekindling broader macro uncertainty, traders may remain on edge despite recent ETF inflows and institutional interest.
John Woeltz and a 24-year-old accomplice were arrested in Lower Manhattan after an Italian tourist escaped two weeks of captivity and torture in a SoHo apartment, where Woeltz sought access to the victim's financial and crypto accounts. Police found Polaroids documenting the abuse and a firearm at the scene. Woeltz has been charged with kidnapping, unlawful imprisonment, assault, and weapon possession, while his accomplice faces kidnapping and imprisonment counts. Woeltz, an early Bitcoin adopter and former developer for privacy coins HCash and Grin, was held without bail pending trial.
2025.05.26·links.tldrnewsletter.com·4 min read·TLDR Crypto The Web3 App Store aggregates several dapps within one tab, allowing users to seamlessly interact without connecting their wallet for each interaction. It implements signature and calldata verification for improved security guarantees, and allows users to configure usable dapps. Transactions are simulated before execution using Tenderly's engine.
Crack.fun rewards users for prompt engineering and breaking security measures for AI models. The $CRACK token can unlock winning prompts, access PVP mode, and reward participants beyond a one-time SOL prize. It was launched on the Believe platform, which has become increasingly popular for its role in the nascent “internet capital markets” narrative.
User-owned, portable web3 social graphs break platform lock-in by storing follows, likes, and identities on open networks, enabling developers to build without deplatforming risk and supporting in-app microtransactions like minting and tipping. Decentralized graphs introduce new primitives like NFT collections as social expressions and DAO-based governance, transforming passive feeds into economic ecosystems. That being said, early protocols like Farcaster and Lens face cold-start challenges, flagship client dominance, and limited mainstream traction. The next wave will be driven by compelling, app-first consumer experiences that leverage token incentives to bootstrap network effects, coupled with robust go-to-market and developer ecosystem strategies.
2025.05.26·links.tldrnewsletter.com·35 min read·TLDR Crypto Pendle traders can exploit tradable yield tokens (YTs) by placing maker limit orders when implied YT yields dip below underlying yields, earning free points and yield without taker fees. Success hinges on verifying healthy liquidity, analyzing order books and charts to pinpoint entry and exit thresholds, and exercising patience to execute the plan. Traders source alpha from project announcements, influential KOLs, and tips from the Pendle accounts.
Julius Caesar's meteoric ascent hinged on massive, debt-fueled gambles, like conquering Gaul and crossing the Rubicon, only to meet his downfall through unchecked leverage. Octavian then borrowed strategically to achieve clear objectives before shifting to conservative governance, securing four decades of stable rule. In crypto, Do Kwon and Sam Bankman-Fried similarly crashed under perpetual leverage, whereas Changpeng Zhao's calibrated growth absorbed regulatory shocks. Leveraging with defined goals and timely de-risking transforms high-stakes opportunities into sustainable success.
2025.05.26·links.tldrnewsletter.com·17 min read·TLDR Crypto Virtuals Genesis introduces a point‑based launchpad meta where participants farm “Virgen Points” by staking $VIRTUAL, locking ecosystem tokens, or contributing via social “yaps” to gain allocations in new AI agent token launches. Early, strategic farmers can compound yields through staking loops, but face timing risks and cooldown penalties if they exit Genesis rewards too soon. Alternatively, traders can hold $VIRTUAL to benefit from rising ecosystem activity or selectively trade individual agent tokens with proven products and traction.
2025.05.26·links.tldrnewsletter.com·12 min read·TLDR Crypto Polygon co-founder Mihailo Bjelic has announced his departure from the Layer 2, citing differences in vision among leadership.
Avi Eisenberg's fraud convictions were overturned by a judge who determined that New York prosecutors had no venue to bring the case, as there are no substantial ties to New York state.
2025.05.26·links.tldrnewsletter.com·5 min read·TLDR Crypto Kristin N. Johnson, the last of four sitting CFTC commissioners, will depart later this year, potentially leaving incoming chair Brian Quintenz as the sole commissioner until new nominees are confirmed.
Per usual, Michael Saylor has indicated he is buying the Bitcoin dip.
Driven by a 46% rally since April's dip and $3.6 billion of net inflows into spot Bitcoin ETFs in May, Bitcoin surged to a new all-time high above $109,400, eclipsing the previous peak set on January 20. Major treasury firms, including Michael Saylor's Strategy and Twenty One Capital, further fueled demand, while favorable regulatory developments, such as a U.S. Senate stablecoin bill and state-level crypto legislation, lent legitimacy to digital assets. Analysts point to stablecoin flows, positive financial conditions, and reduced speculative frenzy as signs that this rally rests on stronger foundations than past highs.