The Arbitrum governance committee has initiated a process to unfreeze approximately $71 million in ETH that was previously locked due to a security emergency. This move aims to limit losses suffered by Kelp DAO and is now advancing through a formal constitutional proposal requiring community approval. The unfreeze follows an emergency freeze action from April 21, 2026, and the funds remain locked until the governance vote concludes. Details on how the funds will be distributed or used to mitigate losses are yet to be clarified as the proposal progresses through Arbitrum's governance process.
On May 26, US spot Bitcoin ETFs experienced a significant outflow of $334 million, equivalent to about 4,400 BTC, continuing a trend of heavy redemptions in mid-to-late May. Ethereum spot ETFs also faced a $35 million net outflow, marking over 10 con...
David Hoffman, co-founder of Bankless, revealed he sold his Ethereum (ETH) holdings because the 'ETH is Money' thesis has ended. He remains optimistic about Ethereum's network but believes the ETH token failed to capture enough value as the ecosystem...
The crypto market continued its decline with total capitalization dropping 1.5% to $2.53 trillion and Bitcoin falling nearly 3% to around $75,000. This selloff is driven by macroeconomic uncertainty, significant outflows from Bitcoin and Ethereum ETF...
Bitcoin dropped to $75,498 during Asian trading, diverging from the global stock market's record highs. Major cryptocurrencies like XRP, Ethereum, and Solana fell nearly 1%, while Zcash saw a sharp 9% decline. Bitcoin is near its 50-day moving averag...
Last week, digital asset investment products experienced $1.47 billion in outflows, marking the third-largest weekly outflow of 2026 and signaling a negative trend for May. The United States led with $1.425 billion in withdrawals, while other countri...
