On May 27, Stake DAO said its Arbitrum deployment was hit by an infinite-mint exploit that inflated vsdCRV supply by 5.4 trillion units, with some reports estimating about $91,000 drained from affected pools. The team disabled the vsdCRV bridge and said Ethereum mainnet backing funds were secured, while the Arbitrum asdCRV Llamalend market will be permanently sunset.

On May 28, XRP fell to $1.265 before rebounding to $1.29, down 3.2% in 24 hours and nearly 6% over seven days as the wider market sold off. The drop pushed XRP's market cap below $80 billion, while XLM rose more than 22% to $0.1792 after DTCC and the Stellar Development Foundation outlined a tokenization initiative. Total crypto market capitalization declined to $2.58T, with the aggregate altcoin market cap at $1.05T.

Bitcoin slid 3.6% early Thursday to a multi-week low of $72,622 before hovering just above $73,000. The move coincided with reports of fresh U.S. military strikes inside Iran and helped trigger broad deleveraging, with more than $930 million in leveraged positions liquidated and $870 million in long positions wiped out over 24 hours.

Bitcoin extended its decline on May 27, dipping under $75,000 and touching an intraday low of $74,530 while its market capitalization slipped back below $1.5 trillion. The move coincided with $115.3 million in leveraged BTC liquidations, including nearly $106 million from long positions, as broader crypto liquidations hit $334 million that day.

Kenyan Treasury Cabinet Secretary John Mbadi said on May 25 that the Finance Bill 2026 does not add new taxes on cryptocurrency transactions, pushing back against rumors that also included claims of new levies on bread and digital content monetization. He said the bill's virtual-asset changes focus on closing regulatory gaps through reporting and record-keeping, while a KPMG technical review says expanded disclosure duties could raise compliance costs for VASPs and widen data-sharing mechanisms with foreign tax authorities.

On Tuesday morning, bitcoin fell about $2,000 in roughly three hours, slipping under the $76,000 support area after topping $78,000 earlier in the session. The move followed reports of military exchanges involving U.S. and Iranian forces in the Strait of Hormuz and was accompanied by nearly $350 million in crypto-market liquidations, including $73 million in BTC long liquidations.

Binance Wallet said it launched Event Rush on May 25, 2026, a third-party dApp on BNB Chain that lets users trade onchain event tokens tied to real-world outcomes and settle in USDT. The product uses bonding-curve pricing to adjust token prices with supply and demand, and users can either trade before settlement or hold winning tokens to share 100% of the collateral pool.

On May 25, bitcoin rose to an intraday high of $77,831 and later hovered around $77,500, posting 24-hour gains of 1.2% and a market capitalization of about $1.55 trillion. The move followed renewed risk appetite tied to optimism around Middle East peace talks, while oil prices fell sharply over the weekend. Bitunix analysts cautioned that expectations for a potential Federal Reserve rate hike as early as October could weigh on high-leverage assets.

South Africa's National Treasury and the South African Reserve Bank said proposed capital-flow changes covering crypto assets are not meant to criminalize ownership and will not be applied retrospectively. The agencies extended the public comment deadline from May 18 to June 30, 2026, after pushback from industry and other stakeholders. Treasury said it will next release a draft manual describing which cross-border crypto transactions fall under capital-flow controls.