| | Plus, Sui validators Ffeeze $162M in DEX hack. | ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ | View in browser | | | | | | May 22, 2025 | | | | | - Hey, it's Monica from Cointelegraph—here with your no-fluff Web3 brief. Today's 1-minute drop moves fast and hits smart. | | | | Your Daily Digest of the 🔥Hottest News in Crypto | | | | Today's top stories: 🐂 BTC brushes $112K, blocks the noise 🎧 Podcast: Trust the chain: Why staking exists
🥶 Sui validators freeze stolen funds in Cetus hack
📰 Keep reading for today's biggest headlines & stories | | | | Bitcoin Brushes $112K as Traders Shrug at Bad News Unemployment data? Bond market jitters? The market doesn't care. Bitcoin is pushing toward $112K and acting like it's allergic to fear. Risk assets are on cruise control, and analysts say a bigger BTC breakout could be on deck—especially with volatility staying suspiciously low. | | | | | LLMs: Great at Summaries, Terrible at Facts AI bots are now worse than humans at summarizing science papers, according to a new study. Researchers say tools like ChatGPT and Claude exaggerate findings and wipe out nuance—basically turning them into overeager tabloid interns. | | | | | | | | Sui Validators Freeze $162M in DEX Hack After a $220 million exploit rocked Cetus, Sui's validators stepped in like blockchain bouncers. Working with the Sui Foundation, they froze $162M in hacker wallets and are ignoring transactions tied to the stolen funds. The team is hunting for ways to claw back the rest. | | | | | | | | | Kraken to Tokenize Wall Street Kraken just made a power move—rolling out tokenized U.S. stocks for non-U.S. clients. Through a partnership with Backed, these tokenized shares will live on Solana for speed, scalability, and that sweet, sweet low latency. Stocks, meet the blockchain era. | | | | | | | | | OPINION Tariff Loophole: Chips Still Getting Taxed | | | | | So much for that semiconductor "exemption." While chips technically dodged Trump's latest round of tariffs, the relief doesn't reach far. Why? Because semiconductors usually enter the U.S. already baked into devices like servers, laptops, and phones—none of which got a pass. Translation: The tax still hits. | | | | | | | | | —Written by Monica Hutchison | | | | 4.6 million people follow us on social media. You should too. | | | | | | | | Cointelegraph | | 21 W 46th St, New York, NY 10036-4119 USA | | | You received this email because you signed up on our website. | | Download our official app: | | | | | | | | | | | | | | | |