Coin Bureau

🔥BULLISH: SOLANA SHRUGS OFF 4TH-LARGEST DDOS ATTACK EVER Solana endured a ~6 Tbps DDoS attack, one of the largest DDoS attacks ever recorded against a distributed system - with zero disruption and maintaining sub-second confirmations & stable slot latency throughout!

‼️ NEW PROPOSAL SEEKS TO FORMALLY RECOGNIZE ASSISTANCE FUND $HYPE AS BURNED The Hyper Foundation has proposed a validator vote to formally recognize the Assistance Fund HYPE as burned. If passed, it would remove the tokens permanently from the circulating and total supply. Currently, the $HYPE held by the Assistance Fund accounts for ~10% of the circulating supply.

💻 BITCOIN BLOCKSPACE CONUNDRUM 💰 Bitcoin miners are under mounting pressure as an unusual network dynamic takes hold. > A growing share of activity is now driven by Runes, Ordinals, and BRC-20 transactions, which account for a significant portion of total transactions but generate far fewer fees than standard BTC transfers. > While headline transaction counts continue to climb, the economic value flowing to miners is weakening. > When close to half of the transactions generate very low fee rates and are being included largely due to cheap blockspace, it inflates onchain activity without materially supporting miner economics. As a result = 💎 Higher Transaction Volume no longer means Higher Revenue for miners The strain is now visible across key indicators: 🏋️ Hashrate pressure Bitcoin’s 30-day average hash rate has fallen from around 1.1 ZH/s to just above 1 ZH/s, marking the steepest post-halving decline since April 2024. ⬇️ Falling miner revenue Daily miner revenue has slipped from roughly $50 million in Q3 to about $40 million, driven almost entirely by block subsidies rather than transaction fees, a concerning signal as subsidies continue to halve over time. 🤬 Weakening network activity Active addresses have dropped to roughly 660,000, the lowest level in the past twelve months, reinforcing signs of soft demand for blockspace. 🤔 The question now facing Bitcoin is critical - If higher transaction volume doesn’t translate into fee demand, can the model hold as block subsidies fade?

⚡️ JUST IN: MARSHALL ISLANDS TO ISSUE UNIVERSAL BASIC INCOME ON-CHAIN The initiative, powered by the Stellar blockchain, will see it use USDM1 sovereign bonds to replace quarterly physical cash deliveries with direct digital transfers to eligible citizens. This makes Marshall Islands the first country to do so in the world.

💸 BHUTAN TO USE 10,000 BTC FROM ITS BITCOIN RESERVES Bhutan plans to use up to 10,000 $BTC, worth nearly $1B, from its reserve to develop a 'Mindfulness City.' The nation currently owns around 11,286 BTC, making it one of the largest state holders.

🔍 TOM LEE'S BITMINE NOW HOLDS OVER 4 MILLION $ETH Two wallets likely linked to Bitmine just bought 48,049 $ETH worth $140.6M. If confirmed, Bitmine now holds 4,015,259 ETH worth $11.8B, which is over 3.3% of total ETH supply.

🧐 MEGA TOKEN CA REVEALED? X user Crypto Safe claims to have found the official contract address of MegaETH’s native token. However, it is yet to be announced or endorsed by the team. It may just be an internal test token not meant for public trading. The actual MegaEth $MEGA token launch is planned for early 2026.

👀 THE END OF SHIMA CAPITAL? According to crypto journalist Kate Irwin, Shima Capital founder Yida Gao is planning to step down and begin winding down the fund. She cited internal emails that Gao sent to founders of portfolio companies.

🕯 MACHI REFUSES TO QUIT! Machi Big Brother, aka the liquidation champion, just opened a 25x leveraged long on 4,500 $ETH ($13.15M). Since the Oct 11 crash, he’s been liquidated 200+ times, with total losses nearing $23M. Is this finally the winning trade?

🎙 $150 BILLION TAX REFUNDS COMING IN Q1 Treasury Secretary Scott Bessent says the U.S. could issue $100B–$150B in tax refunds in Q1 2026, returning an estimated $1K–$2K to consumers.

👀 THE FIRST US STABLECOIN RULE UNDER THE GENIUS ACT The FDIC has unveiled a framework under the GENIUS Act that would allow U.S. banks to issue payment stablecoins via subsidiaries. It has opened a 60-day public comment period.

⚡️ JUST IN: President Trump to interview pro-crypto Fed Governor Christopher Waller for Federal Reserve Chair.

⚠️ ALERT: KINDLYMD ($NAKA) FACES NASDAQ DELISTING RISK Bitcoin treasury company KindlyMD faces potential delisting from the Nasdaq after closing below $1 through October and November. This is down nearly 99% from a yearly high of $34.77. The firm must achieve a closing share price of at least $1 for a minimum of 10 consecutive business days by June 8, 2026, to regain compliance.

🚨 PANCAKESWAP UNVEILS 'PROBABLE' - NEW PREDICTION MARKETS PLATFORM Incubated by PancakeSwap & backed by YZi Labs, Probable will launch exclusively on BNB Chain in the near future. It charges no fees at launch, auto-converts tokens to USDT, and is powered by UMA's Optimistic Oracle for fast settlements.

👀 STRATEGY NOW OWNS 3.2% OF THE TOTAL $BTC SUPPLY

🚨BREAKING: TRUMP TO ADDRESS THE NATION TOMORROW! 🇺🇸President Trump announced on Truth Social that he will be giving an ADDRESS TO THE NATION tomorrow night at 9 PM EST from the White House.

⚡️ SOLANA BP '25: KEY HIGHLIGHTS Solana Breakpoint 2025 in Abu Dhabi wrapped up with 250+ headline announcements in just three days. Major institutions, builders, and global capital markets converged to unveil what’s next for onchain finance. Here are the key highlights you might have missed from the emirate: 🏦 Institutional & RWA Breakthroughs + JP Morgan arranged $50M in U.S. commercial paper issuance for Galaxy on Solana + Bhutan announced tokenization of its sovereign gold reserves on Solana + State Street, Galaxy, and Ondo debuted a tokenized private liquidity fund using PayPal’s PYUSD + Keel Finance launched a $500M fund focused on Solana RWAs + WisdomTree confirmed tokenized RWAs coming to Solana + Marketnode and Lion Global brought a Singapore-vaulted gold fund onchain + Uranium Digital showcased tokenized physical uranium + Figure filed for SEC approval to issue a second IPO natively on Solana ⛏ Core Infrastructure & Network Upgrades + Firedancer validator client went live on Solana mainnet after three years of development + Solana highlighted sustained uptime and over 200B transactions processed in two years + Light Protocol launched Light Token, ~200× cheaper than SPL + Metaplex shipped Genesis SDK for fair launches 💰 DeFi, Payments & Stablecoins + Jupiter acquired RainFi and launched JupUSD + dYdX launched a zero-fee Solana spot DEX + Ellipsis Labs launched Phoenix Perpetuals + Kamino announced fixed-rate lending, private credit, RWAs, and six new products + New yield-bearing stablecoins debuted, including USD+ and SFULC 🖥 User Access & Distribution + Coinbase previewed in-app Solana DEX trading + Phantom launched Kalshi-powered prediction markets + Bitget rolled out UEX, giving 100M+ users instant access to Solana tokens + Solflare unveiled Magic AI and distributed hardware wallets to attendees 🌐 Cross-Chain & Global Expansion + Ripple confirmed wXRP coming to Solana + Wormhole reported ~$12B in bridged assets and ~300K new users in 2025 + Solana Mobile partnered with chipmakers behind 2B+ Android devices Solana is positioning itself as the settlement layer for internet capital markets and a serious contender for global financial infrastructure spanning - equities, credit, commodities, payments, and consumer finance, all onchain.

🚨 JUST IN: Gemini launches prediction markets across all 50 U.S. states.🇺🇸 Gemini Predictions now joins Polymarket and Kalshi in the fast-growing market for trading on real-world events.

🚨 BREAKING: NONFARM PAYROLL (NFP) IS NOW OUT! Actual: 64K Forecast: 40K Previous: 119K

🚨 VISA ADDS USDC VIA SOLANA! Visa will allow U.S. institutions to settle transactions using Circle’s $USDC on the Solana blockchain.