Grayscale said it is in talks to sell shares of its proposed Hyperliquid Staking ETF in exchange for about 2 million HYPE tokens, valued around $115 million as of Thursday. The prospective investor is listed as Hyper Holdings Global LP, and the filing also updates the fund's name and notes a planned Nasdaq ticker of HYPG.

Former Ethereum Foundation developer Dankrad Feist said Thursday that the Ethereum community should create a new organization to support ETH, calling for at least $1 billion in funding. He argued the entity should be economically aligned with Ethereum, funded partly by staking revenue, and governed by a more accountable board as ETH’s market cap sits above $250 billion.

U.S. Sen. Elizabeth Warren said in a May 18 letter that the OCC has "improperly" approved national trust charters for crypto firms that she argues do not qualify under the National Bank Act. She pointed to approvals for Ripple, Circle, Paxos, Fidelity, BitGo and Coinbase, warning the charters could enable "crypto banks" to sidestep bank-level safeguards despite limits on FDIC-insured deposits and traditional lending.

The Fellowship PAC has named Tether US VP of Regulatory Affairs Jesse Spiro as its chairman to lead efforts backing pro-crypto candidates ahead of this year's U.S. midterm elections. The move comes as Senate progress on the Clarity Act is reportedly stalled by a dispute over whether firms can pay rewards to users for holding stablecoins.

Canton Network, a permissionless blockchain built for institutional finance by Goldman Sachs-backed Digital Asset, has integrated LayerZero as its first live interoperability protocol. The setup is intended to let regulated institutions on Canton move tokenized assets across more than 165 public blockchains while keeping compliance requirements in view.

On Wednesday, Fortune reported that prediction platform Polymarket acquired crypto payments startup Brahma for an undisclosed sum. Polymarket expects Brahma's DeFi expertise to enhance user experience and strengthen liquidity for smaller, thinly traded wagers. Brahma, founded in 2021, has processed more than $1 billion in transactions and aims to reduce friction around wallets, deposits and token redemptions on Polymarket.

On Tuesday, Arizona Attorney General Kris Mayes filed a 20-count criminal case accusing prediction platform Kalshi of illegally taking bets on sports events and elections from state residents. The company maintains that its event contracts fall under federal jurisdiction via the Commodity Exchange Act and are overseen by the CFTC, while Arizona law bars unlicensed operators and forbids election wagering. Kalshi, which is also in disputes in Ohio and Tennessee and seeks a multi‑billion dollar valuation alongside Polymarket, plans to keep challenging adverse rulings as several states and federal authorities continue to clash over how prediction markets should be regulated.

OpenSea has delayed the launch of its SEA token, which had been scheduled for a first-quarter 2026 token generation event. CEO Devin Finzer said on Monday that The OpenSea Foundation is pushing back the timeline without providing a new date and confirmed the current rewards wave will be the last for the community-focused allocation.

The Open Network has called off its Gateway Dubai conference that was scheduled for May 1–2, 2026, citing safety concerns in the UAE related to the Middle East conflict. The cancellation follows missile and drone attacks on the United Arab Emirates after strikes in Iran by the U.S. and Israel, while organizers explore alternative formats for a TON ecosystem gathering later this year.