Raw News Items
80 itemsJune 5, 2026
- Cointelegraph
ETH falls to 13-month low on Zcash bug news and Bitcoin drop to sub-$60K: Is $1.4K next?
ETH price crashed below $1,600 as a vulnerability in Zcash emerged and Bitcoin sold off below $60,000 for the first time in months.
- CoinDeskScore: 90
JPMorgan, Bank of America, Citi to start blockchain offensive with shared tokenized network
American's biggest banks plan to introduce a shared tokenized network next year to tackle the potential threat of stablecoins eating into their deposits.
- CoinDeskScore: 90
Live updates: bitcoin below $62,000 as blowout jobs data, Zcash bug keeps pressure on crypto
Zcash plummeted 40% after Shielded Labs revealed a major bug that went undetected for 4 years.
- The BlockScore: 85
JPMorgan, Citi-backed consortium plans to launch tokenized deposit network in early 2027: WSJ
The initiative would enable tokenized deposits to move instantly and support around-the-clock settlement, the Wall Street Journal reported.
- The BlockScore: 85
Security researcher finds Zcash vulnerability allowing ‘unlimited’ counterfeit minting; ZEC drops 31%
The vulnerability was fixed within days, and findings suggest that actual exploitation of the bug is unlikely.
- CoinDeskScore: 85
Zcash plummets 30% as Shielded Labs reveals a major bug that went undetected for four years
Shielded Labs revealed that the bug could have helped an attacker print unlimited counterfeit tokens. That could have damaged trust in the token's supply and its value.
- CointelegraphScore: 85
ZEC drops 30% after Anthropic AI finds Zcash counterfeit vulnerability
ZEC market capitalization fell by almost $3 billion over the past 24 hours following the disclosure of a critical vulnerability, despite it being patched already.
- CryptoSlateScore: 85
Bitcoin crashed and flushed leverage out, but is the bottom here yet?
Bitcoin just tested an intraday low of $61,349, triggered roughly $1.76 billion in liquidations with long positions absorbing more than $1.5 billion of that total, and then bounced toward the mid-$63,000s. Funding rates flipped deeply negative, open interest reset sharply, and the Crypto Fear & Gree...
- CryptoSlateScore: 85
Zcash loses over $5 billion after AI finds 4-year bug that could have created fake hidden coins
Zcash lost more than $5 billion in market value after its developers, using Anthropic's Claude AI, discovered a long-running flaw in one of its privacy systems that could have enabled counterfeit tokens to be created without easy detection. In response to this disclosure, data from CryptoSlate showe...
- The BlockScore: 85
Zcash selloff extends past 50% amid bug disclosure as liquidations top $100 million
ZEC crashed over 50% to around $310 amid Zcash's Orchard bug disclosure and more than $116 million in 24-hour liquidations.
- DecryptScore: 85
Morning Minute: Massive ZCash Exploit Found by Claude, Extent Unknown
The ZCash team hired a hacker to find an exploit in the ZCash protocol, and he exposed a glitch that has been out there for four years.
- CryptoSlateScore: 85
AI-assisted Zcash flaw exposes the supply integrity gap an emergency fork could not fully close
The exploit that nearly broke Zcash originated inside the zero-knowledge proof circuit that powers Orchard, Zcash's newest shielded pool, and the cryptographic core of its private transaction system. Taylor Hornby, a security researcher at Shielded Labs, found it on May 29 during a targeted protocol...
- DecryptScore: 85
Bitcoin Dives Below $60K Following Strong Jobs Data, Zcash Crash Shaking Crypto Confidence
Bitcoin has now fallen more than 50% from its October peak, dipping below $60,000 as the crypto industry reckons with the Zcash vulnerability.
- DecryptScore: 85
Congress Gets 7 New Crypto Tax Bills: Here's What's In Them
The crypto tax bills—the first of their kind to be deliberated by congressional leadership—will be discussed at a House hearing on Tuesday.
- CointelegraphScore: 85
Crypto tax proposals weighed ahead of Tuesday House hearing
Among the issues US lawmakers are expected to discuss in a digital asset taxation hearing are “de minimis” reporting exceptions for crypto transactions.
- CoinDeskScore: 80
Bitcoin and ether ETFs end record multi-billion outflow streak
U.S. spot bitcoin ETFs pulled $3.05 million in net inflows on Wednesday after 13 straight sessions of redemptions totaling roughly $4.4 billion, while ether ETFs ended a 17-day outflow streak with $19.30 million led entirely by BlackRock's ETHA.
- DecryptScore: 80
ZEC Crashes 38% as Zcash Discloses ‘Critical Counterfeiting Vulnerability’
An Orchard vulnerability that allowed undetectable counterfeiting of ZEC in its shielded pool has reignited debate over privacy coins.
- DecryptScore: 80
Hyperliquid Hit by UK FCA Warning as Crypto Perps Face Scrutiny
The warning from the UK’s Financial Conduct Authority adds pressure to a perps market already under increasing scrutiny from regulators.
- CoinDeskScore: 80
U.S. House tax committee weighs crypto bills, including relief for small transactions
Seven draft bills are being circulated by the House Ways and Means Committee ahead of a hearing next week, including proposals to ease small-gain, mining and staking burdens.
- The BlockScore: 80
Next up, taxes: Crypto tax legislation circulated ahead of House Ways and Means Committee hearing next week
As cryptocurrency-related bills from regulating stablecoins to the market as a whole take center stage — now comes how to tax those assets.
- CointelegraphScore: 80
Crypto tax in Illinois FY2027 budget is one step away from becoming law
The law, part of a budget plan passed by Illinois lawmakers, would put the burden of collecting a 0.2% tax on crypto transactions on a registered broker.
- CointelegraphScore: 75
Senate Republicans push finance watchdogs to clarify crypto capital rules
Senator Cynthia Lummis has led a group of lawmakers urging financial regulators for “fair capital treatment for on-balance sheet treatment of digital assets.”
- CoinDeskScore: 75
Bitcoin plunges to near $62,000 as the AI trade unwinds, HYPE falls 14%
Broadcom's disappointing AI chip outlook pulled the Nasdaq lower for a third session, dragged Asian equities down with it, and took crypto along for the ride.
- CointelegraphScore: 75
South Korea police probe Polymarket users over illegal gambling claims: Report
South Korean police reportedly launched the country’s first illegal gambling probe into local Polymarket users amid election-betting scrutiny.
- CryptoSlateScore: 75
A stablecoin tied to Strategy stock depegs putting a new DeFi dollar risk in focus as Bitcoin sells off
Apyx's apxUSD fell below its dollar reference on June 4 as Bitcoin traded near $63,000, putting DeFi dollar peg risk back in focus. A Bitget report said the token briefly touched $0.93 during the selloff. The report framed Apyx's response as a design point: apxUSD's reserve risk is largely borne by ...
- CointelegraphScore: 75
JPMorgan, Citi-backed Clearing House plans tokenized deposit network in 2027: WSJ
Some of the largest banks are reportedly launching a tokenized deposit network in early 2027 in response to growing competition from stablecoin companies entering TradFi.
- CointelegraphScore: 75
Zcash weighs new shielded pool after counterfeiting flaw
Zcash developers are weighing a new shielded pool and turnstile accounting after the Orchard bug raised supply verification questions.
- CryptoSlateScore: 75
Bitcoin price craters to $60,000 as BTC bulls get jobs report they were hoping to avoid
Bitcoin fell after the May US labor report gave markets a reason to delay the next Federal Reserve easing trade, turning a stronger jobs number into a tighter-liquidity problem for crypto. The May Employment Situation report said nonfarm payroll employment rose by 172,000 in May, while the unemploym...
- CoinDeskScore: 75
BlackRock-backed tokenization firm Securitize clears key hurdle to go public on NYSE
The tokenization specialist behind BlackRock's BUIDL fund could begin trading on the NYSE as SEC approves merger registration.
- The BlockScore: 75
Securitize clears SEC registration statement hurdle, sets path to NYSE listing as SECZ
Securitize's SPAC merger is expected to close shortly after a CEPT shareholder vote, if approved, later this month.
- DecryptScore: 75
Zcash Crash Just Wiped Billions From the Privacy Coin's Market Cap—Can ZEC Recover?
The price of Zcash cratered following the disclosure of a serious vulnerability for the privacy coin. Can ZEC make a comeback anytime soon?
- CointelegraphScore: 75
Kraken offers SpaceX IPO access through xStocks
Eligible users in more than 110 markets can register for tokenized SpaceX equity ahead of the company's highly anticipated public listing.
- CoinDeskScore: 70
Bitcoin in danger of dropping to $60,000, with Zcash bulls turning their backs on ZEC
AI bets are recording rapid profit-taking as Broadcom as outlook for AI-chip sales fell short of high expectations, driving down crypto markets.
- The BlockScore: 70
Grayscale says bitcoin needs other buyers to find a ‘sustainable bottom’ amid Strategy BTC sale
Grayscale said Strategy's ability to accumulate more bitcoin is limited at the current STRC and MSTR share prices.
- CoinDeskScore: 70
Crypto's worst week since July 2024 deepens as bitcoin, ether near critical price levels
Crypto is on course for its worst week since July 2024, with the ether price approaching a critical support as a zcash exploit and AI capital rotation pile on the pressure.
- CoinDeskScore: 70
Arthur Hayes dumps zcash holdings after Orchard Pool vulnerability revealed
Hayes said he would reconsider his stance if his assumptions that an exploit is still possible prove to be incorrect.
- CoinDeskScore: 70
U.S. job growth blows past forecasts, setting stage for Fed rate hikes
Bitcoin is now facing another headwind — the prospect of higher interest rates.
- CointelegraphScore: 70
How low can Bitcoin price go if $60K support fails?
Bitcoin’s downside targets cluster near $50,000, but a larger weekly bearish setup puts a deeper correction toward $33,000 on the radar.
- CoinDeskScore: 70
Bitcoin loses $60,000, falls to weakest price since October 2024
Several headwinds converged over bitcoin recently as its largest buyer turned seller, ETF investors headed for the exits, and rate-hike fears rose.
- The BlockScore: 70
‘Please stop the FUD’: Zcash treasury company Cypherpunk remains committed to accumulating 5% of ZEC supply
Shares of Cypherpunk Technologies plunged more than 40% following the disclosure of a critical bug that was recently patched in Zcash.
- CointelegraphScore: 70
Crypto Biz: Nobody told Saylor ‘never sell’
Strategy’s Bitcoin sale challenged the “never sell” narrative, while JPMorgan attacked CLARITY and Capital B pursued a huge fundraising plan for BTC.
- CoinDeskScore: 70
AI exposed a massive flaw in top crypto network and experts warn banks could be next
After an AI model helped uncover a four-year-old flaw in Zcash, security researchers warn that similar bugs may be hiding across crypto and traditional financial systems.
- CryptoSlateScore: 70
Cardano founder floats splitting his own blockchain after warning more apps will die
Charles Hoskinson raised the possibility of splitting Cardano after the collapse of one of its best-known ecosystem tools exposed a deeper fight over money, governance, and who has the power to keep builders alive on the network. This week, the Cardano founder floated what he called a “nuclear optio...
- CointelegraphScore: 70
Bitcoin bears face $2.6B trap as BTC funding rate drops: Is a short squeeze brewing?
Bitcoin bears piled into short positions as BTC price slid to $60,000. Will the $2.6 billion in short leverage lead to an upside squeeze?
- The BlockScore: 65
South Korean police investigate local Polymarket users on illegal gambling charges: report
South Korean Polymarket users could be subject to a fine of up to 10 million Korean won, which is worth around $6,495.
- The BlockScore: 65
CME CEO Duffy says new perpetual futures could be ‘disaster waiting to happen’
CME CEO Terry Duffy warned that U.S.-approved perpetual futures risk retail blowouts and excessive leverage exposure.
- CointelegraphScore: 65
House GOP eyes summer vote on prediction market restrictions for lawmakers
House Republicans plan a summer vote on a congressional stock trading ban and new restrictions on lawmakers’ prediction market activity.
- CointelegraphScore: 65
Visa tests private stablecoin settlement with Brale, Canton
Visa is testing private stablecoin settlement on Canton with Brale, exploring whether institutions can use blockchain without exposing sensitive transaction data.
- CoinDeskScore: 65
Memecoins dogecoin, shiba inu dive 9% as bitcoin nears $60,000
Dogecoin and Shiba Inu led losses among major tokens as heavy volume and liquidations overwhelmed support levels, extending a broader risk-off move across crypto markets.
- DecryptScore: 65
Zcash Bug Crisis Shows Privacy Cuts Both Ways, Experts Say
Fallout from a bug that enabled undetectable Zcash counterfeiting shows that privacy can sometimes present tradeoffs, experts say.
- CointelegraphScore: 60
Strategy’s leveraged Bitcoin model has faced its first stress test: Grayscale
“Less Bitcoin on levered DAT balance sheets and more on diversified corporate balance sheets will be a positive,” said Grayscale’s head of research, Zach Pandl.
- The BlockScore: 60
Hong Kong taps JPMorgan, HSBC for expert group to scale tokenized bonds
The Hong Kong Monetary Authority announced the formation of an expert group to advance the development of tokenized bonds.
- CointelegraphScore: 60
Forward Industries moves $32M in SOL amid $1B paper loss
Forward Industries moved $31.9 million in SOL to Coinbase Prime as its Solana bet sits over 70% underwater, underscoring growing strain on corporate crypto treasuries.
- The BlockScore: 60
Bitcoin, ether ETFs end 13- and 17-day outflow streaks as traders rotate into equity perps ahead of NFP: analysts
Bitcoin ETFs ended a 13-day outflow streak with $3M inflows, and ETH ETFs snapped a 17-day run ahead of NFP as traders rotate to equity perps.
- CoinDeskScore: 60
Bearish zcash bets hit record high as privacy token's price crashes
Liquidations were small relative to the size of the decline, pointing to spot selling rather than a leverage cascade, while open interest in ZEC futures climbed to a record high in token terms as traders crowded into the slide from the short side.
- The BlockScore: 60
Morgan Stanley lets clients lend bitcoin and other assets for in-kind spot crypto ETF conversions
Morgan Stanley Wealth Management and Galaxy Digital have partnered to let eligible clients lend crypto in exchange for crypto ETP shares.
- CoinDeskScore: 60
Alsobrooks says Clarity Act needs ethics deal before Senate vote
The Maryland Democrat says bipartisan crypto legislation is close, but ethics and illicit finance concerns remain unresolved.
- CointelegraphScore: 60
Bitcoin teases 'seller exhaustion' as BTC price downside reaches $60.3K
Bitcoin sellers were losing steam, market analysis said as ongoing BTC price downside brought the market closer to $60,000.
- CointelegraphScore: 60
Saylor says Bitcoin needs ‘disciplined expansion’ as analysts weigh demand reset
Michael Saylor’s essay calls for Bitcoin to expand through banks, credit, securities and higher layers while preserving its base layer.
- CointelegraphScore: 60
Travala lets AI agents book hotels with USDC on Base
Travala’s new protocol lets AI agents search and book hotels with USDC on Base, but travelers still approve the final payment.
- CointelegraphScore: 55
Crypto billionaires bankroll Nigel Farage's pro-crypto party
Tether-linked billionaire Christopher Harborne and BitMEX co-founder Ben Delo donated $9.4 million to Nigel Farage’s Reform UK in the first quarter.
- CoinDeskScore: 55
XRP falls toward $1.10 as liquidation-driven selloff pushes token to multi-month lows
XRP lost another 5% after a high-volume breakdown overwhelmed support near $1.20, leaving traders focused on whether the latest washout marks capitulation or the start of a deeper slide.
- DecryptScore: 55
Winklevoss-Backed Zcash Treasury Plunges Nearly 40% on ZEC Privacy Bug Concerns
Cypherpunk Technologies shares tumbled to their lowest point since March as jitters tied to a Zcash bug knocked the Winklevoss-backed firm.
- CoinDeskScore: 50
CoinDesk 20 performance update: Bitcoin (BTC) price drops 2.8% as index declines
All twenty constituents in the CoinDesk 20 index were trading lower since yesterday.
- CryptoSlateScore: 50
Bitcoin traders blamed Saylor’s 32 BTC sale but larger selling pressure built elsewhere
Bitcoin traders have identified Michael Saylor as a new suspect in the latest sell-off, while the numbers tell a different story. Strategy disclosed in a June 1 Form 8-K that it sold just 32 BTC between May 26 and May 31 for $2.5 million, at an average net price of $77,135, with proceeds earmarked t...
- DecryptScore: 50
Government Stablecoin Payments Would Fuel 'Tax Evasion Economy,' Lawmaker Warns
Rep. Brad Sherman warned that allowing government payments in stablecoins would "sanctify an alternative to the U.S. dollar."
- The BlockScore: 50
Crypto Council for Innovation launches coalition to push for regulatory clarity on vaults
A new coalition is forming, focused on crypto vaults, an increasingly popular mechanism for depositing digital assets and earning yield.
- DecryptScore: 50
Tom Lee's Ethereum Treasury BitMine Prices Preferred Shares With 9.5% Dividend
BitMine is borrowing from Strategy’s Bitcoin playbook, debuting its own preferred share in an upsized offering to raise funds to buy Ethereum.
- DecryptScore: 50
Anthropic Is Helping the NSA Hack China. It Also Wants Everyone to Pause AI
The company behind Claude embedded engineers at the NSA for offensive cyber ops, then published a report warning AI could soon build itself without humans in the loop.
- DecryptScore: 50
Strategy Shares Fall to 4-Month Low as STRC Dips and Bitcoin Sinks Under $60K
Strategy shares tumbled alongside Bitcoin on Friday as the firm's flagship preferred stock also came under pressure.
- CoinDeskScore: 45
Here's what could happen if bitcoin breaks below $60,000
A confluence of factors makes $60,000 as key level to watch for in the near term, according to Deribit.
- The BlockScore: 45
Hyperliquid treasuries stand alone in profit as legacy crypto DATs bleed billions
Strategy, Bitmine, and other major treasury firms have seen paper gains evaporate as crypto prices continue sliding.
- The BlockScore: 40
What Is an XRP ETF? A Complete Guide to XRP Exchange-Traded Funds
What Is an XRP ETF? An XRP ETF is an exchange-traded fund that tracks the price of XRP. These funds trade on regulated stock exchanges such as the New York Stock Exchange or Nasdaq. Instead of buying XRP on a crypto exchange and holding it in a digital wallet, investors purchase ETF shares through a...
- CointelegraphScore: 40
Bitcoin needs one more thing to happen to spark BTC price 'rally:' Analysis
Bitcoin whales flipped to support a BTC price rebound, but analysis warned that the Coinbase and Kimchi Premium still needed to return.
- CoinDeskScore: 40
Why diehard bitcoin purists aren’t sweating the massive price crash that wiped out $200 billion
Mati Greenspan, Michael Saylor and Jameson Lopp blamed the AI boom for draining capital from bitcoin. Meanwhile, Jack Mallers refrained from sharing an outlook but recommended buying the dip.
- CointelegraphScore: 30
Anthropic's warning: AI is on the cusp of getting smarter on its own
Companies have been developing AI very quickly to stay ahead of the market, but Favaro and Clark argue that a slowdown would allow more time to deal with the technology’s implications.
- DecryptScore: 30
Pump.fun's Latest Experiment Is Already Getting Weird
Pump.fun's GO bounty platform already has hundreds of listings following its pitch to let users “Pay ANYONE to do ANYTHING.”
- The BlockScore: 30
Strategy’s Saylor says Bitcoin should avoid choosing between ‘purity and adoption’ as BTC extends losses
Strategy Exec Chairman Michael Saylor divided the Bitcoin ecosystem into four camps, saying that each serves a necessary role.
- CointelegraphScore: 30
Pump.fun bounty platform pays users to tattoo tokens and chase viral stunts
Pump.fun launched a new bounty platform where users started funding bizarre memecoin marketing stunts, including forehead tattoos, skydiving as a mascot and setting a vehicle on fire.
- CoinDeskScore: 20
Bitcoin sentiment hit peak bearishness at recent lows, peak bullishness near tops
Your day-ahead look for June 5, 2026