DeepNewz

Hacks
Cork Protocol Exploited for 3,762 wstETH ($12M), Converted to 4,530 ETH; Security Firms Detect Breach
Cork Protocol, an asset-pegged protocol backed by a16z CSX and Orange DAO, has suffered a major security breach resulting in losses estimated between $11 million and $12

Regulation & Politics
VanEck, BlackRock Urge U.S. Bitcoin Reserve as Lawmakers Back 1 Million BTC Purchase
VanEck, a $120 billion asset manager, has publicly urged the U

Hacks
Cork Protocol Suffers $12 Million Exploit; 3,760 wstETH Stolen in Contract Deployed May 28
On May 28, 2025, a smart contract exploit resulted in the unauthorized transfer of approximately 3,760 wrapped staked Ether (wstETH), valued at around $12 million, from the Cork Protocol

TradFi & Fintech
Jack Dorsey's Block to Launch Bitcoin Lightning Payments on Square Terminals for 4 Million Merchants Starting H2 2025
Jack Dorsey's Block has announced plans to enable Bitcoin payments on all Square point-of-sale terminals

NFTs & Web3
TON Foundation Names Nikola Plecas VP of Payments to Scale Strategy for Telegram's 1B+ Users
The TON Foundation has appointed Nikola Plecas, a former Visa executive with experience in crypto-focused global payments strategy, as its Vice President of Payments

TradFi & Fintech
Metaplanet Issues $50 Million in 0% Bonds for 16th Round, Aiming for 10,000 BTC, Shares Rise 9.5%
Metaplanet, a Japanese company, has issued $50 million (approximately 72億円) in zero-interest (0%) ordinary bonds to finance additional Bitcoin purchases

Markets
Billionaire Gemini Co-Founder Cameron Winklevoss Calls Bitcoin 'New Gold,' Predicts $1 Million; Adam Back Sees $10 Million
Cameron Winklevoss, billionaire co-founder of the cryptocurrency exchange Gemini, has publicly predicted that Bitcoin will reach a value of $1 million per coin

Blockchains
Satoshi Nakamoto Holds Over $120 Billion in Bitcoin, 5% Supply, 11th Richest, 1.09M BTC Holdings
Satoshi Nakamoto, the pseudonymous creator of Bitcoin, currently holds over $120 billion worth of Bitcoin, representing approximately 5

Hacks
Cetus to Fully Compensate Users After $223 Million Exploit, Sui Community Vote to Decide $162 Million Release
Cetus, a protocol on the Sui blockchain, plans to fully compensate users affected by the $223 million exploit that occurred on May 22





