22 May 202517:20
Project update
Crypto Events Recap, May 21-22

Crypto Events Recap, May 21-22

  • Sui’s largest liquidity provider, Cetus, was hit by a $260 million hack, causing Sui-based tokens to plunge 90%.
  • Sophon unveils zkTLS-powered Social Oracle, enabling secure digital identity sharing from Web2 accounts without exposing sensitive data.
  • SafeMoon CEO Braden Karony was convicted of crypto fraud and now faces up to 45 years in prison.
  • FIFA has selected Avalanche to power its new blockchain, advancing football’s Web3 future.
  • Kraken will enable non-U.S. customers to trade tokenized shares of Apple, Tesla, Nvidia, and other major stocks on its digital ledger.
  • Sonic Labs has appointed GSR as an official market maker for its S token, forging a long-term partnership to enhance liquidity and drive ecosystem growth.
  • Hyperliquid’s open interest has climbed to an all-time high of $8.92 billion, with 24-hour trading volume reaching a record $18.91 billion.
  • Binance Futures will launch B/USDT perpetual contracts on May 23 at 00:30 UTC. B (BUILDon) is a full-chain smart investment platform.
  • MicroStrategy has launched a $2.1 billion at-the-market offering of its 10% Series A Perpetual Strife Preferred Stock (STRF) to fund additional Bitcoin purchases.
  • zkLink has unveiled its new roadmap, laying the groundwork for the next generation of AI agents and trading infrastructure.
  • Off The Grid, the major Web3 game built on the Gunzilla blockchain, will launch on Steam next month.
  • bitsCrunch is now MiCA-compliant, fully aligning with the EU’s digital-asset regulatory framework.

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