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The U.S. SEC has delayed reviews of several crypto ETF filings, including XRP ETFs from Bitwise and CoinShares, a Litecoin ETF from CoinShares, and Fidelity’s in-kind Bitcoin ETF proposal. Meanwhile, the SEC has officially acknowledged the filing for Canary’s Staked TRX ETF, marking the beginning of formal review for a TRON-based staking ETF product.
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UK court throws out most of $13.3B BSV lawsuit against Binance The UK Court of Appeal dismissed most claims in a $13.3B class action accusing Binance and other exchanges of harming Bitcoin SV by delisting it in 2019. The court ruled that the damages were speculative and unsupported. However, smaller claims for access loss or forced selling may still proceed. Source: https://assets.caselaw.nationalarchives.gov.uk/d-743f21b8-491d-4120-9c30-94e70cfeb772/d-743f21b8-491d-4120-9c30-94e70cfeb772.pdf
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Several tokens in the Sui ecosystem have plunged sharply following an incident involving the Cetus Protocol. Tokens like LOFI and HIPPO dropped over 50% within an hour, while CETUS fell 50% on DEXs. Lookonchain reports around $260 million was drained, with $60 million USDC bridged to Ethereum. Cetus confirmed the smart contract has been paused for investigation. Some say it’s an oracle issue, not a typical hack.
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XRP posts second consecutive quarter of growth, outpacing BTC, ETH, and SOL In Q1 2025, XRP's market cap rose 1.9% to $121.6B, while BTC, ETH, and SOL saw a combined 22% drop. Network activity surged: daily active addresses jumped 142% to 134,600. Growth was fueled by Trump’s hint at adding XRP to a crypto reserve and SEC-Ripple settlement progress. RLUSD stablecoin also reached $244.2M in market cap. Messari expects continued growth in Q2 as XRPL prepares smart contract upgrades and DeFi support.
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15th Anniversary of Bitcoin Pizza Day: 10,000 BTC Pizza Now Worth Over $1.1 Billion On May 22, 2025, Bitcoin hit a new all-time high of $111,800 — exactly 15 years after “Bitcoin Pizza Day,” when programmer Laszlo Hanyecz made the first-ever commercial BTC transaction by buying two pizzas for 10,000 BTC in 2010. Back then, the BTC was worth about $40. Today, it's valued at over $1.1 billion — a symbol of Bitcoin's extraordinary rise from cypherpunk code to a global asset. Despite being labeled as “missing out on a fortune,” Hanyecz said the transaction made Bitcoin real for him, marking a turning point in BTC’s journey to real-world use.
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