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Crypto News Summary May 28
Crypto news for May 28: Ethereum staking grew, Bitcoin stayed resilient, Spain arrested a suspect in the Ledger kidnapping case, and Roswell embraced BTC.
Spain Arrests Ledger Kidnapping Suspect
Spain arrested a suspect in the 2025 kidnapping of Ledger co-founder David Balland, giving French investigators a fresh lead in the case.
SHIB Exchange Outflow Hits 82.5B in 24 Hours
SHIB saw 82.5B tokens leave exchanges in 24 hours after a price uptick, hinting at reduced sell pressure, though broader exchange flows remain mixed.
eToro Buys Zengo in Self Custody Push
eToro is acquiring wallet firm Zengo to expand self-custody and push users onchain, targeting tokenised assets, perpetuals and prediction markets.
EToro Acquires Zengo for $70 Million
eToro is acquiring crypto wallet firm Zengo for $70 million, expanding into self-custody as tokenised assets and decentralised rails gain traction.
Fake Ledger Live App Drained $9.5M on App Store
A fake Ledger Live app on Apple's App Store allegedly stole $9.5M in crypto from 50+ users between April 7 and 13 before Apple removed it.
Tether Launches Self Custody Wallet for USDT
Tether launched tether.wallet, a self-custody app for USDT, Bitcoin, and Tether Gold, expanding from stablecoin issuer into consumer payments.
Tether Launches Wallet for Bitcoin and Stablecoins
Tether launched a self-custodial wallet for Bitcoin, USDT and other tokens, moving beyond infrastructure to compete directly in consumer crypto payments.
SEC Self Custody Update Lifts DeFi and Bitcoin
SEC guidance easing self-custody concerns lifted Bitcoin and DeFi, signaling more room for wallet-based crypto products outside old custody rules.
Ledger Founder Kidnap Suspect Arrested
French police arrested a suspect in Ledger co-founder David Balland's kidnapping, sharpening focus on crypto founders' rising physical security risks.
Bitcoin Marks Satoshi Nakamoto's 51st Birthday
Bitcoin marks what would be Satoshi Nakamoto's 51st birthday on April 5, a symbolic date tied to Bitcoin lore, mystery, and anti-state money ideals.
XRP Exchange Outflows Signal Supply Shock
XRP exchange balances are falling toward multi-year lows as price holds near $1.34, fueling supply shock talk and signaling tighter liquid sell pressure.
CFTC Self Custody No Action Letter Lifts XRP Derivatives
CFTC staff issued a first self-custody no-action letter this week, letting regulated crypto derivatives connect to self-held wallets, lifting XRP derivatives.
Stablecoin Payments Stack: Wallets, Rails, APIs
Stablecoin payments are becoming modular: merchants can plug in wallets, rails, APIs, ramps and compliance, if they reconcile on-chain receipts within 24h.
OpNet Launches Bitcoin Smart Contracts on Mainnet
OpNet has launched Bitcoin L1 smart contracts on mainnet, enabling native DeFi, token launches and trading without bridges or wrapped BTC, keeping BTC custody.
Crypto News Summary March 11
Bitcoin held near $70K as US spot ETF inflows hit $167M, DeFi TVL surged, and exchanges plus BTC-treasury stocks faced scrutiny; on-chain signals tightened
Ethereum Exchange Reserves Slide to Multi-Year Lows as ETH Flows Into Staking and Self-Custody
Ethereum exchange reserves hit multi-year lows after 31M ETH withdrew in February, shifting to staking and self-custody as price hovers near $2K, less liquidity.
Jury Convicts Ex-LAPD Officer in Violent $350K Bitcoin ‘Wrench Attack’ Robbery
Jury convicts former LAPD officer in violent $350K Bitcoin 'wrench attack' robbery, highlighting growing real-world coercion threats to crypto holders everywhere.
Telegram’s In-App Crypto Wallet Adds Yield Earning for Bitcoin, Ethereum and USDT
Telegram's in-app wallet rolls out self-custodial Vaults via TON Wallet, enabling yield on Bitcoin, Ethereum and USDT, earned without leaving Telegram.
Indiana ‘Bitcoin Rights’ Bill (HB 1042) Passes Legislature, Heads to Governor for Signature
Indiana HB 1042 'Bitcoin Rights' bill passed both chambers and awaits Gov. Holcomb's signature, safeguarding Hoosiers' self-custody and crypto payments.