Midday News Update #Web3


📈 Trader James Wynn (@JamesWynnReal) cashes out $4.12M selling 126,116 HYPE tokens at $32.7. Lookonchain reports he bought at $24.4 average in early May, netting $1.05M profit in under a month.


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@zachxbt reports Taiwan's #BitoPro exchange hit for ~$11.5M on May 8. Attacker drained hot wallets across Tron, Ethereum, Solana, Polygon, laundering through Tornado Cash and Wasabi wallet. Exchange only cites "system maintenance."


⚡ #Ethereum's "Glamsterdam" upgrade opens proposal collection until June 20, targeting 2026 launch post-Fusaka. Currently 5 proposals focus on on-chain performance and protocol optimization.


📊 $BTC breaks $105K barrier, trading at $105,009.70 (+0.28% daily) on #OKX.


🇰🇷 South Korea's leading presidential candidates promise spot crypto ETF legalization, regulatory easing, and won-backed stablecoin launch.