SpendNode Podcast: Crypto News & Analysis

A developer known as Florent recovered 1,003 ETH worth about $2M that had been stuck in a 2016 ICO smart contract for nine years. Here is what it means for on-chain funds. Read the full article: https://www.spendnode.io/blog/developer-rescues-1003-eth-2016-ico-contract-june-2026/

Coinbase has switched on direct Indian rupee deposits and withdrawals in India, cutting out third-party rails for one of crypto Read the full article: https://www.spendnode.io/blog/coinbase-direct-inr-deposits-withdrawals-india-june-2026/

Treasury Secretary Bessent says the US grabbed roughly $1B of Iranian crypto. Only $344M is documented, and the path into the Bitcoin reserve is far from clear. Read the full article: https://www.spendnode.io/blog/us-iran-1b-crypto-seizure-bitcoin-reserve-may-2026/

Coinbase is offering new One Card users $50 in Bitcoin for spending $100 in the first 30 days, on top of up to 4% back in BTC. Here is who qualifies. Read the full article: https://www.spendnode.io/blog/coinbase-one-card-50-bitcoin-signup-bonus-may-2026/

Cointelegraph flags that ETH has never closed three straight red quarters. With ether at $2,024 on May 31, Q2 2026 is the test. Here's the setup. Read the full article: https://www.spendnode.io/blog/eth-third-straight-red-quarter-record-watch-may-2026/

Gravity Bridge lost about $5.4M on May 30 in a suspected signing-key compromise. Stolen USDC, ETH, and USDT moved through Binance and ChangeNow. Read the full article: https://www.spendnode.io/blog/gravity-bridge-5-4m-key-compromise-exploit-may-2026/

Vietnam's Finance Ministry has proposed allowing SMEs to pledge digital and virtual assets as loan collateral, a step toward formalizing crypto in credit markets. Read the full article: https://www.spendnode.io/blog/vietnam-crypto-collateral-sme-loans-may-2026/

An ETF mirroring Republican lawmaker disclosures shows IBIT at 4% of holdings and Intel at 7.72%, tracking the same assets President Trump has promoted. Read the full article: https://www.spendnode.io/blog/gop-lawmaker-portfolios-bitcoin-etf-intel-may-2026/

An attacker drained $7.3M in BNB from more than 1,400 DxSale liquidity lockers dating to 2021, using a privileged fee reset and a backdated lock expiry. Read the full article: https://www.spendnode.io/blog/dxsale-7-3m-legacy-locker-exploit-backdoor-may-2026/

The PBOC is pushing e-CNY into fiscal spending, lottery draws and Belt and Road payments, the opposite of the US anti-CBDC, pro-stablecoin path. Read the full article: https://www.spendnode.io/blog/china-digital-yuan-fiscal-spending-belt-road-may-2026/

On-chain investigator ZachXBT reports $12.6M of Zama cUSDC frozen after a Circle blacklisting, extending the USDC freeze debate to confidential wrapped tokens. Read the full article: https://www.spendnode.io/blog/zama-cusdc-12-6m-frozen-circle-blacklist-may-2026/

Over $1.5B in long positions have been liquidated since May 25, Cointelegraph reports, even as BTC holds near $73,400 and spot prices stay flat. The damage is leverage, not selling. Read the full article: https://www.spendnode.io/blog/crypto-longs-1-5-billion-liquidated-since-may-25-2026/

DTCC, the $100T US clearing backbone, plans to issue tokenized equities, ETFs, and Treasuries on Stellar by 2027. XLM rose 33.7% on the news as of May 30, 2026. Read the full article: https://www.spendnode.io/blog/stellar-dtcc-tokenized-securities-xlm-surge-may-2026/

Senator Cynthia Lummis says the CLARITY Act must pass this Congress or US crypto market structure rules likely stall until 2030, with November midterms in the way. Read the full article: https://www.spendnode.io/blog/lummis-clarity-act-last-window-before-2030-may-2026/

Sui's mainnet is back online after a multi-hour end-of-epoch halt that reporting traces to a gas-charging bug in v1.72, the chain's second long stall of 2026. Read the full article: https://www.spendnode.io/blog/sui-mainnet-restored-epoch-halt-gas-charging-bug-may-2026/

Coinbase and Kalshi are launching regulated perpetual crypto futures for US investors, bringing a product long confined to offshore exchanges onshore. Read the full article: https://www.spendnode.io/blog/coinbase-kalshi-regulated-perpetual-crypto-futures-us-may-2026/

Strategy's STRC preferred share has slipped below the $99 par mark as Strive's rival Bitcoin treasury vehicle pulls investor attention away from MSTR. Read the full article: https://www.spendnode.io/blog/strategy-strc-below-99-strive-investor-rotation-may-2026/

A New York filing asks the court to treat Satoshi Nakamoto's dormant wallets as lost property under state law, valuing each address at under $10. Read the full article: https://www.spendnode.io/blog/satoshi-nakamoto-bitcoin-lost-property-lawsuit-may-2026/

CryptoQuant says BTC whale balances are shrinking at the fastest pace of 2026 while dolphin growth has stalled, conditions last seen in the 2022 bear market. Read the full article: https://www.spendnode.io/blog/bitcoin-whale-balances-fastest-contraction-2022-bear-mirror-may-2026/

Central banks now hold 26.6% of global reserves in gold, the highest share since 1993. The shift reshapes the Bitcoin-as-reserve-asset debate. Read the full article: https://www.spendnode.io/blog/central-bank-gold-reserves-32-year-high-may-2026/

Michael Saylor said Strategy may sell Bitcoin to cover STRC preferred dividends at 11.5%. The signal reverses years of pure accumulation rhetoric. Read the full article: https://www.spendnode.io/blog/saylor-sell-bitcoin-fund-strc-115-yield-may-2026/

Sui experienced its second network stall in five months on May 28, raising fresh questions about validator coordination and chain reliability. Read the full article: https://www.spendnode.io/blog/sui-network-second-outage-five-months-may-2026/

Hyperliquid's SpaceX pre-IPO market saw a 45% intraday drop, the latest reminder that synthetic private-company exposure on-chain carries its own risk profile. Read the full article: https://www.spendnode.io/blog/hyperliquid-spacex-pre-ipo-flash-crash-45-percent-may-2026/

Coinbase's Base L2 activated the Azul hardfork on mainnet May 29, 2026. The upgrade focuses on transaction speed and protocol security on the OP Stack chain. Read the full article: https://www.spendnode.io/blog/base-azul-mainnet-upgrade-live-may-2026/

Paxos becomes the first blockchain-native registered clearing agency in the US, a regulatory milestone for tokenized settlement and TradFi convergence. Read the full article: https://www.spendnode.io/blog/sec-paxos-first-blockchain-native-clearing-agency-may-2026/