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Bitcoin Hits $111K, Will The Massive Rally Continue? | Mark Yusko
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$94M IN TOKEN UNLOCKS SCHEDULED FOR MAY 24 — INCLUDES SOL AND TRUMP More than $94 million worth of tokens will be unlocked across several crypto projects on May 24, including notable releases from Solana ($SOL) and Trump ($TRUMP). These unlocks could introduce significant volatility depending on how holders react in the open market. Source: DeFi Llama
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TRUMP SAYS U.S. IS DOMINATING IN CRYPTO — VOWS TO MAINTAIN LEAD Donald Trump declared that the United States is leading in crypto and Bitcoin, and promised to preserve that dominance. The statement reinforces Trump’s increasingly pro-crypto stance ahead of the election.
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OVER $11B LOST TO ON-CHAIN HACKS — DEFI AND BRIDGES HARDEST HIT On-chain crypto exploits have totaled $11.36 billion to date, with $6.41 billion lost in DeFi and $2.87 billion through bridge attacks. The data highlights persistent security risks in decentralized finance infrastructure. Source: DeFi Llama
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$SUI DEX HACKER’S WALLET SWELLS TO $460M—$400M IN $SUI, $60M IN $ETH The alleged attacker behind the Cetus DEX exploit has reportedly drained $11M from the SUI/USDC pool—but that was just the start. The wallet tied to the hack now holds a staggering $400M in $SUI and $60M in $ETH, according to on-chain data from @Jeremyybtc. Despite the chaos, $SUI is somehow still up 3% on the day, defying expectations as most pools remain emptied and tokens are down 75%+. Source: @cointelegraph & @Jeremyybtc
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FIFA PARTNERS WITH AVALANCHE TO LAUNCH BLOCKCHAIN FOR DIGITAL COLLECTIBLES FIFA has teamed up with Avalanche to develop its own blockchain network, focused on powering digital collectibles and fan engagement tools, marking a major leap into Web3 for global sports governance. Source: @whaleinsider
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