Arbitrum aims for 100x blockchain throughput boost

The team is working on a major scaling upgrade that could increase Arbitrum’s capacity by 100x.
If successful, it would push the chain far ahead in the L2 scaling race.

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$WIF is the most bought token by smart money wallets in the past 24 hours.

Looks like the dogs aren’t done running yet.

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A new “Michael Saylor” for Ethereum?

Abraxas Capital scooped up $561M worth of Ethereum in the past 7 days.
Big ETH bets are back — and this one’s making headlines.

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$ETH added $110B to its market cap in the past 7 days, going from $220B to nearly $330B.

That’s like adding the entire $SOL's market cap in one week.

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This rally has been driven by spot buying, not leverage.

Bullish.

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JPMorgan rebrands Onyx to Kinexys — partners with $ONDO and $LINK

JPMorgan has rebranded its blockchain arm Onyx to Kinexys and unveiled a strategic partnership with Ondo Finance and Chainlink.
The move aims to power 24/7 cross-currency payment systems, starting with USD/EUR swaps.

• Kinexys processes over $2B in daily transactions
• Ondo brings tokenized Treasuries into the settlement layer
• Chainlink provides cross-chain data via oracles

Wall Street rails are getting an onchain upgrade — and it’s happening fast.

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Ripple in talks with UAE over fintech and digital payments

Ripple ($XRP) is engaging with UAE authorities to explore fintech development and expand digital payment solutions.

A clear signal the Gulf remains key territory in the global crypto payments race.

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Rebrand: $EOS → $A

The tokenswap will begin on May 26 at 03:00 UTC.
Conversion will be 1:1.

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Financial Times releases documentary on Michael Saylor

YouTube Link

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🌐 Internet Capital Markets (ICM): the new playground for token creators

Internet Capital Markets is a fresh narrative that lets anyone tokenize ideas with near-zero friction.
It’s like a degenerate-friendly Kickstarter — but for memecoins — where tokens are launched off promises (or the lack thereof), not products.

💡What’s the idea?
Believe.app lets anyone launch a token in seconds — no devs, no code.
Just post a tweet tagging @launchcoin with your token name and ticker.

It’s Pump.fun for promises — free, fast, and completely unhinged.

$PASTERNAK (now rebranded as $LAUNCHCOIN) is at the center of this movement, though the team never officially claimed it. It powers the platform but leaves everything up to community interpretation — a true ICM spirit.

🔥 Wild use cases:
• $DUPE — a shopping optimizer
• $FITCOIN — AI meets fashion resale
• $NOODLE — Slither.io with real money prize pools
• $PNP, $BUDDY, $KAYYO, $NINJA — from AI coaches to prediction markets and meme apps

⚠️ One rule:
Don’t promise returns. Say nothing. Launch everything. Even VC-backed teams are jumping in — just don’t pull a $ZORA.

🧠 Takeaway:
ICM is redefining what it means to launch in crypto.
No roadmap? No problem. It’s not about delivery — it’s about narrative velocity and trading attention itself.

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Ethereum launches ‘Trillion Dollar Security’ initiative

The Ethereum Foundation has unveiled a major new push to bring the network’s security to trillion-dollar standards.
The goal: make Ethereum safe enough for everyday users, institutions, and even governments.

• Focused on securing $1,000+ holdings for billions of users
• Aims to enable secure $1T+ asset management via smart contracts
• Includes full-stack audits — from wallets to infrastructure
• Led by Ethereum Foundation members, samczsun, and Sigma Prime

Big ambition — and a clear signal that Ethereum is gearing up for its next institutional leap.

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Tether unveils QVAC — a decentralized AI platform

Tether has announced QVAC, a fully local AI platform that runs without internet access and supports peer-to-peer interaction between devices.

• Offline AI — no cloud, no central servers
• P2P architecture with no middlemen
• Built-in crypto support — agents can interact with $BTC and $USDT
• Modular, open-source framework for developers

Early use cases include a local translator and private health tracker.

Tether CEO Paolo Ardoino:
“If you need an API key to use AI — it’s not your AI.”

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COINBASE DATA LEAK ⚠️

Coinbase: Cyber criminals bribed and recruited a group of rogue overseas support agents to steal Coinbase customer data to facilitate social engineering attacks. These insiders abused their access to customer support systems to steal the account data for a small subset of customers. We will reimburse customers who were tricked into sending funds to the attacker.

*Coinbase: We will not pay the $20M ransom demand we received. Instead we are establishing a $20M reward fund for information leading to the arrest and conviction of the criminals.

*Coinbase expects up to $400 million hit from cyber attack

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Tether mints another 1B $USDT

That brings total issuance in 2025 to 17B $USDT so far.

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Arthur Hayes drops new essay: “Fatty Fatty Boom Boom”

From obesity to devalued bonds — Hayes compares America’s physical and financial sickness.
Here’s what he says is coming:

• Body positivity as an economic red flag
• Capital controls and the fall of the dollar
• $BTC as the only safe escape route
• Trump-era choice: tariffs or money printer?

Full essay: [link]

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CoinMarketCap launches CMC Launch platform

CMC is rolling out its own pre-TGE launchpad for early-stage crypto projects.
The first listing: Aster ($AST), a decentralized derivatives DEX on BNB Chain and Arbitrum.

• Projects are curated before launch
• Users complete tasks to qualify
• Airdrops included — no token needed upfront

Another airdrop race begins.

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FTX will distribute over $5B to creditors on May 30.

🚨 We already pointed out the setup on $FTT

If you paid attention — good.
If not — there’s still time.

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Michael Saylor, in peak form:

Sell a tooth if you have to.
But never sell your Bitcoin.

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A delay in Tether’s blacklisting process allowed over $78M in illicit $USDT transfers to evade freezing, according to a report by AMLBot.

Tether: “The idea that this represents a systemic loophole is both misleading and lacking perspective… We are actively refining this process to eliminate any potential advantage for bad actors.”

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Abu Dhabi’s Mubadala holds $408.5M in BlackRock’s Bitcoin ETF

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