Galaxy Digital Commits $5M to Quantum Proof Bitcoin Galaxy Digital has pledged up to $5 million in grants to support open-source developers building post quantum cryptography for Bitcoin as part of its new Bitcoin Quantum Readiness Initiative. The initiative also establishes a Quantum Advisory Council featuring experts from the University of Calgary, MIT, and Boston University. Funding will support quantum resistant Bitcoin upgrades, new signature schemes, wallet migration tools, and security audits. The move comes as Glassnode estimates that 30% of Bitcoin's supply could be vulnerable if powerful quantum computers become a reality. While some experts believe the threat is decades away, others argue Bitcoin has only a few years to prepare for a post quantum future.
Key highlights: 🔹 Total collateral reached $2.2B, maintaining a robust 154.65% collateral ratio against $1.44B circulating $USDD 🔹 Smart Allocator earnings surpassed $18.34M, with $2.1M generated in May (+12.94% MoM) 🔹 sUSDD launched on Pendle's fixed-yield market, unlocking new yield opportunities for users 🔹 Multi-platform incentive programs continued driving ecosystem growth and user participation 🔹 USDD reserves remained 100% publicly verifiable on-chain, reinforcing transparency and trust
#USDD continues to strengthen stability, optimize yield infrastructure, and expand ecosystem adoption.
More info: https://medium.com/@usddio/may-2026-usdd-monthly-transparency-report-31b3882a040c?postPublishedType=initial
🚨 BREAKING: SpaceX Files for the Largest IPO in History 🚀
“SpaceX was founded to make life multiplanetary. We’ve been able to expand that mission with our Starlink constellation and AI solution.” Learn more → spacexipo.com
Elon Musk’s SpaceX is targeting a valuation of nearly $1.77 trillion in what would be the largest stock market debut in history, planning to sell 555.6 million shares at $135 per share, raising approximately $75 billion. 
The company is set to list on Nasdaq under the ticker $SPCX on June 12, 2026. 
The IPO is already being called a market spectacle, a chance for investors to buy into Musk’s vision of building a combined space and AI powerhouse. 
The valuation would make SpaceX the world’s 7th largest company by market cap ahead of Tesla and Meta and Musk, holding ~42% stake, is poised to become the world’s first trillionaire. 
This isn’t just a rocket company going public. It’s Starlink. It’s xAI. It’s Starship. The whole multiplanetary thesis now tradeable. 👀
JUST IN: 🇺🇸 Trump administration moves toward exploring $250 commemorative bill featuring President Trump, report says
The Trump administration and Republican lawmakers are reportedly exploring a proposal to create a new $250 U.S. commemorative bill featuring President Donald Trump, according to multiple reports including The Washington Post.
The plan is linked to upcoming celebrations of America’s 250th anniversary and would require congressional approval to proceed. Officials at the Treasury Department have reportedly begun preliminary planning and design discussions, though no law has been passed authorizing the currency.
The proposal faces major legal hurdles, including a federal law that prohibits living individuals from appearing on U.S. currency, meaning the measure would require legislative changes before it could become reality.
The idea remains at the proposal stage and has not been approved or issued as official U.S. currency.
JUST IN: Hong Kong Becomes World’s Top Cross-Border Wealth Hub
Hong Kong has overtaken Switzerland to become the world’s largest cross border wealth hub for the first time, according to the Financial Times.
The report estimates around $2.9 trillion in international assets booked in Hong Kong in 2025, signaling a major shift in global wealth management flows toward Asia.
🚨JUST IN: Reports Highlight Growing Institutional Interest in Bitcoin Exposure
Morgan Stanley is among several major financial institutions expanding access to Bitcoin-related investment products as demand from clients continues to rise.
Recent market commentary suggests that large asset managers and banks are increasingly offering or facilitating exposure to Bitcoin through regulated channels such as exchange-traded funds (ETFs) and custody services, following the approval of spot Bitcoin ETFs in the U.S.
While circulating claims on social media have suggested large scale direct Bitcoin accumulation, there is no confirmed evidence of weekly proprietary Bitcoin purchases or specific internal accumulation programs tied to those reports.
Instead, the broader trend reflects:
▪️Rising client demand for regulated Bitcoin exposure ▪️ncreased adoption of Bitcoin ETFs by institutional investors ▪️Gradual integration of digital assets into traditional finance offerings
Analysts continue to describe this shift as part of a longer-term convergence between traditional finance and crypto markets, rather than abrupt balance sheet accumulation by banks.
JUST IN: Tom Lee Says Bitcoin Could Reshape Global Banking Landscape
Fundstrat co-founder Tom Lee says Bitcoin and the broader crypto ecosystem could significantly disrupt the trillion-dollar banking industry over the next decade.
According to his remarks, traditional finance may be entering a major transition period, with increased pressure from crypto-native systems:
🔸 “The banks are descending on crypto,” he noted, pointing to growing institutional involvement in digital assets. 🔸He also projected that within 10 years, “5 of the 10 largest banks will be digitally native,” highlighting a potential shift in what defines a global financial institution.
Lee’s comments reflect a broader narrative that traditional banking and crypto infrastructure are increasingly converging, rather than operating as separate systems.
While his outlook is bullish on crypto’s long-term role, it suggests evolution and restructuring of TradFi rather than an immediate collapse.
🚨 Breaking: 𝕏 Subscription Payments Now Supported on Base via Stripe
Users can now pay for their 𝕏 subscriptions using Stripe on the Base network, marking a new step in simplifying crypto native payments for social platform services. The integration is expected to make onboarding easier for users by combining traditional payment infrastructure with blockchain-based rails.