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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows the Cardano sharks and whales have quietly accumulated amid the market decline a

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows the Cardano sharks and whales have quietly accumulated amid the market decline as their holdings have hit a new record.Cardano Sharks & Whales Have Pushed Supply To A New All-Time HighIn a new post on X, on-chain analytics firm Santiment has talked about the latest trend in the supply of millionaire Cardano wallets. A “millionaire wallet” in the context of ADA refers to an address with 1 million tokens, worth roughly $262,400 at the current exchange rate. The cohorts that are part of this range are popularly known as the sharks and whales. Related Reading: XRP Network Sets New Record: 10,000+ Token Wallets At Highest EverSince investors with larger holdings have a greater potential influence on the market, holders that fall in this class are considered key for the network. As such, the behavior of the sharks and whales can be worth keeping an eye on.Now, here is the chart shared by Santiment that shows the trend in the combined amount of supply held by the millionaire Cardano wallets over the last few years: The value of the metric seems to have been climbing in recent years | Source: Santiment on XAs displayed in the above graph, the Cardano sharks and whales have seen their supply follow a pretty consistent uptrend since December 2023. During 2024 and 2025, the wider cryptocurrency sector followed a bullish trend, so it’s not surprising to see that large holders were accumulating.Interestingly, however, the uptrend in the supply of the millionaire ADA wallets has maintained even through the bearish market shift that has followed since the last quarter of 2025. The analytics firm noted: Although the asset has lost -71% of its market cap over the past 9 months, the “millionaire” tier of sharks and whales appear to be content with adding more while prices are at a discount.Following the latest continuation of the metric’s upward trajectory, its valu

Trusted Editorial content, reviewed by leading ind

MEGA: Real-Time Execution Layer for Ethereum

On May 15, the Bitwise Hyperliquid ETF will begin trading on the New York Stock Exchange this Friday under the ticker BHYP. Previously, 21Shares' Hyperliquid ETF (THYP) launched on Tuesday, with a fir

Bitwise Hyperliquid ETF to Launch on NYSE This Friday

Orca: Top AMM DEX on Solana

On May 15, Monad co-founder Keone Hon announced that the Monad mainnet has released version v0.14.3. This version requires nodes to use the authenticated UDP protocol in RaptorCast for the first time.

Monad Launches Mainnet Version v0.14.3

MU: Top Memory Chip Maker 

On May 15, Slow Fog's Yu Xian announced on social media that the high-risk iOS attack framework DarkSword has been publicly leaked on platforms like GitHub and is being used for large-scale espionage 

Slow Fog: DarkSword Attack Program Leaked, Old iOS Users' Cryptocurrency Wallets at Serious Risk

HTXSquare: Global Markets After Trump China Visit

Grab Your Share of the 300 USDT Prize Pool!HTXSquare: Global Markets After Trump China VisitHTX Creation Challenge — Post and Win 1,500U 💥 South Korean internet giant Kakao is partially exiting its ea

Grab Your Share of the 300 USDT Prize Pool!

HTX  Creation Challenge — Post and Win 1,500U 💥

South Korean internet giant Kakao is partially exiting its early investment in crypto exchange operator Dunamu, selling a stake worth 1 trillion won ($670 million) to domestic commercial bank Hana Bank.

Kakao said in a stock exchange filing on Friday that its investment arm, Kakao Investment, will sell a 6.55% stake in Dunamu. Hana Bank, a subsidiary of Hana Financial Group, will buy the stake in cash, the Korean banking giant said in a separate filing. The deal is set to be completed in June.

Following the transaction, Kakao’s stake in Dunamu will decrease to 4.03% from 10.58%. The company said the share sale is aimed at “securing funds for future investments.” Hana Bank, meanwhile, said it invests in Dunamu to “secure competitiveness in new finance.” The lender has been expanding into digital assets, partnering with crypto exchange Crypto.com in March to promote stablecoin payments for foreign visitors in Korea.

Kakao, controlled by billionaire Kim Beom-su, first invested in Dunamu in 2013, a year after the Seoul-based company was founded. At the time, Dunamu was a news aggregator. It pivoted to fintech in 2014 with the launch of stock trading platform StockPlus, then crypto exchange Upbit in 2017. Since then, Upbit has grown to become Korea’s largest crypto exchange by daily trading volume. 
The success of Upbit has propelled Dunamu’s cofounders Song Chi-hyung and Kim Hyoung-nyon into the world’s billionaire ranks.

Kakao’s divestment comes on the heels of Dunamu’s landmark merger with the payment arm of Korean search giant Naver. The merger, set to be completed in June, values the combined entity at $13.6 billion. It’s poised to create a domestic fintech juggernaut offering a slew of financial services from payments and insurance to crypto and securities trading.

ForbesPayday For Korean Crypto Exchange Cofounders 


Kakao Sells $670 Million Stake In Korean Crypto Ex

Genius: First Private On-Chain Terminal

JUST IN: Bitcoin trades at a Coinbase “discount,” suggesting the gap is linked to stablecoin volatility rather than waning institutional demand.Grab Your Share of the 300 USDT Prize Pool!BTC Shakes at

JUST IN: Bitcoin trades at a Coinbase “discount,” suggesting the gap is linked to stablecoin volatility rather than waning institutional demand.

JUST IN: Bitcoin trades at a Coinbase “discount,”

Grab Your Share of the 300 USDT Prize Pool!HTXSquare: Global Markets After Trump China VisitTWT: Trust Wallet Ecosystem Token Lawyer behind Arbitrum crypto seizure fight now targets Tether for $344 mi


Lawyer behind Arbitrum crypto seizure fight now targets Tether for $344 million
Victims of Iranian-sponsored terrorism are asking a Manhattan federal judge to order Tether to hand over more than $344 million in frozen $USDT, marking the latest attempt by attorney Charles Gerstein to collect decades-old terrorism judgments via crypto rails.

The filing, submitted Thursday in the Southern District of New York, seeks to force Tether to transfer stablecoins it froze after OFAC designated two Tron wallet addresses as belonging to Iran’s Islamic Revolutionary Guard Corps.

The plaintiffs, who hold billions of dollars in unpaid U.S. court judgments tied to Iranian-backed terrorism, are asking the court to order Tether to turn over 344,149,759 $USDT held at the blocked addresses by freezing the tokens and reissuing an equivalent amount to a wallet controlled by their counsel.

Lawyer behind Arbitrum crypto seizure fight now ta

Grab Your Share of the 300 USDT Prize Pool!HTXSquare: Global Markets After Trump China VisitTWT: Trust Wallet Ecosystem TokenThe company said the program is designed to promote institutional yield gen

The company said the program is designed to promote institutional yield generation and cross-chain returns for a wider range of users through stablecoin-based lending and liquidity strategies. Summary TownSquare launched a $100 million liquidity program centered on the USD1 stablecoin from World Liberty Financial. The initiative aims to expand institutional yield strategies and cross-chain lending opportunities in DeFi. TownSquare previously partnered with World Liberty Financial to deploy USD1 on the Monad blockchain. TownSquare announced the launch of a $100 million liquidity program tied to the USD1 stablecoin as the decentralized finance platform seeks to expand institutional yield opportunities and cross-chain lending infrastructure. According to reports from ChainCatcher, the initiative will use USD1, the stablecoin developed by World Liberty Financial, to provide broader access to institutional-grade DeFi strategies. TownSquare focuses on institutional yield infrastructure and brokerage services spanning multiple blockchain ecosystems. You might also like: Leading crypto presales with 1000x potential: Why crypto hunters are eyeing PTRUE The announcement follows TownSquare’s earlier collaboration with the World Liberty Financial DeFi team to introduce the USD1 token to the high-performance EVM blockchain Monad. The project also received incentives from the Monad Foundation as part of that integration effort. Institutional DeFi competition accelerates TownSquare said the new liquidity initiative reflects its long-term commitment to expanding decentralized finance adoption and bringing institutional trading and yield strategies to additional blockchain ecosystems. The company’s platform has already launched cross-chain lending functionality, while a dedicated yield-generating product remains in development. According to official proj

The company said the program is designed to promot

On May 15, the Samsung Electronics Union in South Korea announced that Samsung proposed to resume negotiations with the union unconditionally, and the union is willing to negotiate after June 7. The S

Samsung Electronics Union: Samsung Proposes Unconditional Resumption of Negotiations

A U.S. delegation led by CIA Director John Ratcliffe held high-level talks with Cuban officials in Havana on Thursday, signaling a possible shift in U.S.-Cuba relations under President Donald Trump. T

CIA Director John Ratcliffe Meets Cuban Officials in Havana Amid Renewed U.S.-Cuba Talks - EconoTime

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Intel Stock Drops Over 4% in Pre-Market Trading

BTC breaks through 81000 USDT

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