Samsung Electronics and union resume talks to avert strike amid government pressure

A strike at Samsung could disrupt global chip supply chains, impacting tech industries and financial markets, while testing government influence. The post Samsung Electronics and union resume talks to avert strike amid government pressure appeared first on Crypto Briefing.
China Confirms Participation in ‘First of Its Kind’ Anti-Pig Butchering Operation

China confirmed its involvement in the operation that resulted in the arrest of 276 suspects and the closure of nine crime-focused facilities. The initiative might mark a new era of international cooperation to tackle and end pig-butchering scams. China Collaborated in the Largest International Anti-Pig Butchering Scam Operation While criminals are leveraging cryptocurrency and digital […]
May’s DeFi Hack Tally Grows as Verus Bridge Reportedly Loses $11.58 Million
The tally of decentralized finance (DeFi) exploits in May continued to climb after the Verus-Ethereum Bridge reportedly suffered a security breach, with attackers draining roughly $11.58 million in digital assets. Multiple blockchain security firms flagged the exploit on Monday, warning users about suspicious activity linked to the bridge. Verus-Ethereum Bridge Reportedly Drained for $11.58 Million […]
Bithumb adds AIGENSYN to KRW market with trading restrictions

Bithumb’s listing of AIGENSYN with restrictions highlights the risks of opaque tokens and underscores regulatory scrutiny in South Korea’s crypto market. The post Bithumb adds AIGENSYN to KRW market with trading restrictions appeared first on Crypto Briefing.
Bitcoin Exchange Inflows Rise as U.S. Trading Volume Surges Sharply
Bitcoin (BTC) is seeing a renewed bout of exchange inflows even as trading activity has sharply rotated toward the U.S. session, a combination that traders often watch for clues on near-term market intent and liquidity conditions. Data from CoinGlass showed that as of May 18 at 01:27 UTC, major centralized exchanges held a combined 2,455,173 […]
Institutional Holdings Reach 4.16 Million BTC as Supply Tightens
Institutional Bitcoin (BTC) holdings have climbed to an estimated 4.16479 million BTC, underscoring how quickly ‘long-term holders’—from listed companies to ETF issuers and governments—are absorbing a meaningful share of circulating supply. According to data compiled by BitcoinTreasuries as of May 18 (UTC), 345 institutions collectively hold 4,164,790 BTC. The holdings are distributed across several categories: […]
Asian currencies weaken against dollar as oil prices rise

Rising oil prices and US yields strain Asian economies, risking inflation spikes and challenging central banks’ currency stabilization efforts. The post Asian currencies weaken against dollar as oil prices rise appeared first on Crypto Briefing.
Japan’s Takaichi to announce extra budget as commodity prices surge from Middle East conflict

Japan’s fiscal expansion amid rising commodity prices may strain fiscal stability, impact bond markets, and influence global risk assets. The post Japan’s Takaichi to announce extra budget as commodity prices surge from Middle East conflict appeared first on Crypto Briefing.
Microsoft AI CEO Mustafa Suleyman predicts full automation of white-collar work in 18 months

The rapid automation of white-collar jobs could reshape workforce dynamics, emphasizing the need for regulatory adaptation and skill evolution. The post Microsoft AI CEO Mustafa Suleyman predicts full automation of white-collar work in 18 months appeared first on Crypto Briefing.
Crypto Long Liquidations Hit $584 Million in 24-Hour Sell-Off
Crypto liquidations totaled $657.9 million over the past 24 hours, as the broader market slid. Ethereum (ETH) accounted for the bulk of total liquidations, with traders betting on further upside taking the biggest losses in the latest wipeout. Ethereum, Bitcoin Longs Drive Monday’s Crypto Liquidation Wave According to data from Coinglass, roughly 106,371 accounts were […]